| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
IVAC Stock Overview
Intevac, Inc. provides vacuum deposition equipment for various thin-film applications, and digital night-vision technologies and products to the defense industry in the United States, Asia, and Europe.
Intevac Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.84 |
| 52 Week High | US$6.74 |
| 52 Week Low | US$3.93 |
| Beta | 0.78 |
| 1 Month Change | -10.04% |
| 3 Month Change | -12.00% |
| 1 Year Change | -26.44% |
| 3 Year Change | -3.01% |
| 5 Year Change | -58.46% |
| Change since IPO | -22.56% |
Recent News & Updates
Shareholder Returns
| IVAC | US Tech | US Market | |
|---|---|---|---|
| 7D | 0.4% | -2.1% | -2.2% |
| 1Y | -26.4% | -2.1% | -19.1% |
Return vs Industry: IVAC underperformed the US Tech industry which returned -2.1% over the past year.
Return vs Market: IVAC underperformed the US Market which returned -21.2% over the past year.
Price Volatility
| IVAC volatility | |
|---|---|
| IVAC Average Weekly Movement | 4.4% |
| Tech Industry Average Movement | 9.2% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.3% |
Stable Share Price: IVAC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: IVAC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1990 | 148 | Nigel Hunton | https://www.intevac.com |
Intevac, Inc. provides vacuum deposition equipment for various thin-film applications, and digital night-vision technologies and products to the defense industry in the United States, Asia, and Europe. It designs, develops, and markets thin-film processing systems for hard disk drive media, display cover panel, solar photovoltaic cell, and advanced semiconductor packaging industries. The company sells its products through direct sales force and distributors.
Intevac Fundamentals Summary
| IVAC fundamental statistics | |
|---|---|
| Market Cap | US$121.29m |
| Earnings (TTM) | -US$25.21m |
| Revenue (TTM) | US$33.73m |
3.6x
P/S Ratio-4.8x
P/E RatioIs IVAC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IVAC income statement (TTM) | |
|---|---|
| Revenue | US$33.73m |
| Cost of Revenue | US$27.95m |
| Gross Profit | US$5.79m |
| Other Expenses | US$30.99m |
| Earnings | -US$25.21m |
Last Reported Earnings
Apr 02, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.01 |
| Gross Margin | 17.15% |
| Net Profit Margin | -74.74% |
| Debt/Equity Ratio | 0% |
How did IVAC perform over the long term?
See historical performance and comparisonValuation
Is IVAC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for IVAC?
Other financial metrics that can be useful for relative valuation.
| What is IVAC's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$121.29m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.6x |
| Enterprise Value/EBITDA | -1x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does IVAC's PS Ratio compare to its peers?
| IVAC PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 1x | ||
QMCO Quantum | 0.4x | 5.7% | US$142.5m |
ALOT AstroNova | 0.8x | n/a | US$89.7m |
CHWT.F Coolpad Group | 2.9x | n/a | US$245.0m |
DBD Diebold Nixdorf | 0.05x | 2.0% | US$182.4m |
IVAC Intevac | 3.6x | 44.9% | US$121.3m |
Price-To-Sales vs Peers: IVAC is expensive based on its Price-To-Sales Ratio (3.6x) compared to the peer average (1x).
Price to Earnings Ratio vs Industry
How does IVAC's PE Ratio compare vs other companies in the US Tech Industry?
Price-To-Sales vs Industry: IVAC is expensive based on its Price-To-Sales Ratio (3.6x) compared to the US Tech industry average (0.9x)
Price to Sales Ratio vs Fair Ratio
What is IVAC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 3.6x |
| Fair PS Ratio | 1.5x |
Price-To-Sales vs Fair Ratio: IVAC is expensive based on its Price-To-Sales Ratio (3.6x) compared to the estimated Fair Price-To-Sales Ratio (1.5x).
Share Price vs Fair Value
What is the Fair Price of IVAC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate IVAC's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate IVAC's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IVAC's PEG Ratio to determine if it is good value.
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Future Growth
How is Intevac forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
104.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IVAC is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: IVAC is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: IVAC is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: IVAC's revenue (44.9% per year) is forecast to grow faster than the US market (8.2% per year).
High Growth Revenue: IVAC's revenue (44.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if IVAC's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Intevac performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-60.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IVAC is currently unprofitable.
Growing Profit Margin: IVAC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IVAC is unprofitable, and losses have increased over the past 5 years at a rate of 60.1% per year.
Accelerating Growth: Unable to compare IVAC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IVAC is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (67.6%).
Return on Equity
High ROE: IVAC has a negative Return on Equity (-20.04%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Intevac's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: IVAC's short term assets ($134.7M) exceed its short term liabilities ($28.7M).
Long Term Liabilities: IVAC's short term assets ($134.7M) exceed its long term liabilities ($3.1M).
Debt to Equity History and Analysis
Debt Level: IVAC is debt free.
Reducing Debt: IVAC has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IVAC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: IVAC has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 29.9% each year
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Dividend
What is Intevac current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IVAC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IVAC'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 IVAC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IVAC's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as IVAC has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
7.7yrs
Average management tenure
CEO
Nigel Hunton (61 yo)
0.50
Tenure
Mr. Nigel Hunton serves as a Senior Advisor, Advisory Board Member at Arsenal Capital Partners since 2022. Mr. Hunton is a member of Arsenal’s Industrial Growth Advisory Board and has vast experience in ex...
Leadership Team
Experienced Management: IVAC's management team is seasoned and experienced (7.7 years average tenure).
Board Members
Experienced Board: IVAC's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IVAC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.9%.
Top Shareholders
Company Information
Intevac, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Intevac, Inc.
- Ticker: IVAC
- Exchange: NasdaqGS
- Founded: 1990
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Implied Market Cap: US$121.287m
- Shares outstanding: 25.06m
- Website: https://www.intevac.com
Number of Employees
Location
- Intevac, Inc.
- 3560 Bassett Street
- Santa Clara
- California
- 95054
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/04 00:00 |
| End of Day Share Price | 2022/07/01 00:00 |
| Earnings | 2022/04/02 |
| Annual Earnings | 2022/01/01 |
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.