NasdaqCM:ISNS

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Image Sensing Systems

Executive Summary

Image Sensing Systems, Inc. develops and markets video and radar processing products for the intelligent transportation systems industry worldwide. More Details


Snowflake Analysis

Undervalued with solid track record.


Similar Companies

Share Price & News

How has Image Sensing Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ISNS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.2%

ISNS

2.7%

US Electronic

1.3%

US Market


1 Year Return

-22.6%

ISNS

5.4%

US Electronic

15.8%

US Market

Return vs Industry: ISNS underperformed the US Electronic industry which returned 2.6% over the past year.

Return vs Market: ISNS underperformed the US Market which returned 13.8% over the past year.


Shareholder returns

ISNSIndustryMarket
7 Day4.2%2.7%1.3%
30 Day-2.9%-2.0%-4.1%
90 Day3.6%7.4%8.4%
1 Year-22.6%-22.6%6.5%5.4%18.4%15.8%
3 Year11.7%11.7%15.1%11.8%38.2%29.0%
5 Year-9.5%-9.5%77.4%69.1%84.9%64.0%

Price Volatility Vs. Market

How volatile is Image Sensing Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Image Sensing Systems undervalued compared to its fair value and its price relative to the market?

27.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ISNS ($3.58) is trading below our estimate of fair value ($4.93)

Significantly Below Fair Value: ISNS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ISNS is good value based on its PE Ratio (3.1x) compared to the US Electronic industry average (24.4x).

PE vs Market: ISNS is good value based on its PE Ratio (3.1x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ISNS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ISNS is good value based on its PB Ratio (1.1x) compared to the US Electronic industry average (1.8x).


Next Steps

Future Growth

How is Image Sensing Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

40.6%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Image Sensing Systems has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Image Sensing Systems performed over the past 5 years?

58.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ISNS has a high level of non-cash earnings.

Growing Profit Margin: ISNS's current net profit margins (44.4%) are higher than last year (15.6%).


Past Earnings Growth Analysis

Earnings Trend: ISNS has become profitable over the past 5 years, growing earnings by 58.2% per year.

Accelerating Growth: ISNS's earnings growth over the past year (155.4%) exceeds its 5-year average (58.2% per year).

Earnings vs Industry: ISNS earnings growth over the past year (155.4%) exceeded the Electronic industry -20.5%.


Return on Equity

High ROE: ISNS's Return on Equity (33.7%) is considered high.


Next Steps

Financial Health

How is Image Sensing Systems's financial position?


Financial Position Analysis

Short Term Liabilities: ISNS's short term assets ($10.6M) exceed its short term liabilities ($1.4M).

Long Term Liabilities: ISNS's short term assets ($10.6M) exceed its long term liabilities ($550.0K).


Debt to Equity History and Analysis

Debt Level: ISNS's debt to equity ratio (5.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ISNS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ISNS's debt is well covered by operating cash flow (246.2%).

Interest Coverage: Insufficient data to determine if ISNS's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Image Sensing Systems's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ISNS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ISNS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ISNS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ISNS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ISNS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Chad Stelzig (44 yo)

3.5yrs

Tenure

US$318,149

Compensation

Mr. Chad Stelzig has been the Chief Executive Officer and President of Image Sensing Systems, Inc. since March 8, 2017 and previously served as its Interim Chief Executive Officer and Interim President fro ...


CEO Compensation Analysis

Compensation vs Market: Chad's total compensation ($USD318.15K) is below average for companies of similar size in the US market ($USD604.44K).

Compensation vs Earnings: Chad's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Berger
Independent Executive Chairman4.25yrsUS$92.50k2.08%
$ 396.6k
Chad Stelzig
President & CEO3.5yrsUS$318.15k0.73%
$ 139.5k
Frank Hallowell
CFO & & Principal Accounting Officer1.42yrsUS$181.01k0.20%
$ 37.6k
Andrew Markese
Vice President of Global Sales & Marketing2.33yrsno datano data

2.3yrs

Average Tenure

47yo

Average Age

Experienced Management: ISNS's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrew Berger
Independent Executive Chairman4.25yrsUS$92.50k2.08%
$ 396.6k
James Bracke
Independent Director11.5yrsUS$76.70k1.64%
$ 312.5k
Paul Lidsky
Independent Director7.25yrsUS$72.64k0.90%
$ 171.9k
Joseph Daly
Independent Director1.67yrsUS$48.83k0.28%
$ 53.8k
Geoffrey Davis
Independent Director3.83yrsUS$62.05k0.50%
$ 95.7k

4.3yrs

Average Tenure

61yo

Average Age

Experienced Board: ISNS's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Image Sensing Systems, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Image Sensing Systems, Inc.
  • Ticker: ISNS
  • Exchange: NasdaqCM
  • Founded: 1984
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$19.084m
  • Shares outstanding: 5.34m
  • Website: https://www.imagesensing.com

Number of Employees


Location

  • Image Sensing Systems, Inc.
  • 500 Spruce Tree Centre
  • 1600 University Avenue West
  • Saint Paul
  • Minnesota
  • 55104
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ISNSNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDMay 1995
IM9DB (Deutsche Boerse AG)YesCommon StockDEEURMay 1995

Biography

Image Sensing Systems, Inc. develops and markets video and radar processing products for the intelligent transportation systems industry worldwide. The company operates through two segments, Intersection a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/29 00:30
End of Day Share Price2020/09/28 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.