KVHI Stock Overview
KVH Industries, Inc. designs, develops, manufactures, and markets mobile connectivity products and services for the marine and land mobile markets in the United States and internationally.
KVH Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$9.22|
|52 Week High||US$11.99|
|52 Week Low||US$6.89|
|1 Month Change||-5.92%|
|3 Month Change||7.96%|
|1 Year Change||-5.14%|
|3 Year Change||-6.87%|
|5 Year Change||-24.43%|
|Change since IPO||21.91%|
Recent News & Updates
|KVHI||US Communications||US Market|
Return vs Industry: KVHI exceeded the US Communications industry which returned -18.8% over the past year.
Return vs Market: KVHI exceeded the US Market which returned -21.5% over the past year.
|KVHI Average Weekly Movement||4.8%|
|Communications Industry Average Movement||7.2%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.6%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: KVHI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: KVHI's weekly volatility (5%) has been stable over the past year.
About the Company
KVH Industries, Inc. designs, develops, manufactures, and markets mobile connectivity products and services for the marine and land mobile markets in the United States and internationally. The company operates through Mobile Connectivity and Inertial Navigation segments. The company offers mobile satellite TV and communications products; two-way satellite communications systems; onboard TracPhone terminals and hub equipment; data management software; and Iridium OpenPort hardware products and services.
KVH Industries Fundamentals Summary
|KVHI fundamental statistics|
Is KVHI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KVHI income statement (TTM)|
|Cost of Revenue||US$109.57m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.32|
|Net Profit Margin||-3.67%|
How did KVHI perform over the long term?See historical performance and comparison
Is KVHI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for KVHI?
Other financial metrics that can be useful for relative valuation.
|What is KVHI's n/a Ratio?|
Price to Sales Ratio vs Peers
How does KVHI's PS Ratio compare to its peers?
|KVHI PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
MIMO Airspan Networks Holdings
CRNT Ceragon Networks
KVHI KVH Industries
Price-To-Sales vs Peers: KVHI is expensive based on its Price-To-Sales Ratio (1x) compared to the peer average (1x).
Price to Earnings Ratio vs Industry
How does KVHI's PE Ratio compare vs other companies in the US Communications Industry?
Price-To-Sales vs Industry: KVHI is good value based on its Price-To-Sales Ratio (1x) compared to the US Communications industry average (1.4x)
Price to Sales Ratio vs Fair Ratio
What is KVHI'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.
|Current PS Ratio||1x|
|Fair PS Ratio||0.6x|
Price-To-Sales vs Fair Ratio: KVHI is expensive based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (0.6x).
Share Price vs Fair Value
What is the Fair Price of KVHI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate KVHI's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate KVHI's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.
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How is KVH Industries forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KVHI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: KVHI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: KVHI is expected to become profitable in the next 3 years.
Revenue vs Market: KVHI's revenue is expected to decline over the next 3 years (-1.7% per year).
High Growth Revenue: KVHI's revenue is forecast to decline over the next 3 years (-1.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KVHI's Return on Equity is forecast to be high in 3 years time
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How has KVH Industries performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KVHI is currently unprofitable.
Growing Profit Margin: KVHI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KVHI is unprofitable, and losses have increased over the past 5 years at a rate of 3.6% per year.
Accelerating Growth: Unable to compare KVHI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KVHI is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (11.6%).
Return on Equity
High ROE: KVHI has a negative Return on Equity (-5%), as it is currently unprofitable.
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How is KVH Industries's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: KVHI's short term assets ($85.0M) exceed its short term liabilities ($33.1M).
Long Term Liabilities: KVHI's short term assets ($85.0M) exceed its long term liabilities ($5.2M).
Debt to Equity History and Analysis
Debt Level: KVHI is debt free.
Reducing Debt: KVHI has no debt compared to 5 years ago when its debt to equity ratio was 45.9%.
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: KVHI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KVHI has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 38.5% each year.
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What is KVH Industries's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|KVH Industries Dividend Yield vs Market|
|Company (KVH Industries)||n/a|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (Communications)||3.7%|
|Analyst forecast in 3 Years (KVH Industries)||n/a|
Notable Dividend: Unable to evaluate KVHI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KVHI'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 KVHI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KVHI'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 KVHI has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brent Bruun (56 yo)
Mr. Brent C. Bruun is President and Chief Executive Officer at KVH Industries, Inc. from June 21, 2022 and serves as its Director since June 2022. He had been Interim President and Chief Executive Officer...
CEO Compensation Analysis
|Brent Bruun's Compensation vs KVH Industries Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$874k||US$418k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$788k||US$402k|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||US$891k||US$400k|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||US$726k||US$365k|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||US$772k||US$355k|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||US$617k||US$311k|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||n/a||n/a|
|Dec 31 2015||US$562k||US$267k|
Compensation vs Market: Brent's total compensation ($USD874.14K) is below average for companies of similar size in the US market ($USD1.72M).
Compensation vs Earnings: Brent's compensation has increased whilst the company is unprofitable.
Experienced Management: KVHI's management team is considered experienced (3.7 years average tenure).
Experienced Board: KVHI's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KVHI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
|16 Aug 22||BuyUS$4,394,603||Black Diamond Capital Management, L.L.C.||Company||462,619||US$9.50|
|04 Aug 22||SellUS$1,933||Jennifer Baker||Individual||237||US$8.16|
|04 Aug 22||SellUS$10,010||Felise Feingold||Individual||1,227||US$8.16|
|04 Aug 22||SellUS$15,003||Robert Balog||Individual||1,839||US$8.16|
|04 Aug 22||SellUS$18,347||Brent Bruun||Individual||2,249||US$8.16|
|08 Jun 22||SellUS$2,804||Jennifer Baker||Individual||340||US$8.25|
|08 Jun 22||SellUS$26,682||Felise Feingold||Individual||3,235||US$8.25|
|08 Jun 22||SellUS$21,371||Robert Balog||Individual||2,591||US$8.25|
|08 Jun 22||SellUS$16,034||Brent Bruun||Individual||1,944||US$8.25|
|08 Jun 22||SellUS$11,151||Daniel Conway||Individual||1,352||US$8.25|
|04 Apr 22||SellUS$12,667||Robert Balog||Individual||1,374||US$9.22|
|04 Apr 22||SellUS$8,675||Brent Bruun||Individual||941||US$9.22|
|04 Apr 22||SellUS$15,082||Felise Feingold||Individual||1,636||US$9.22|
|04 Apr 22||SellUS$6,730||Daniel Conway||Individual||730||US$9.22|
|04 Apr 22||SellUS$3,402||Jennifer Baker||Individual||369||US$9.22|
|09 Mar 22||BuyUS$92,212||Cathy-Ann Martine-Dolecki||Individual||10,000||US$9.22|
|15 Feb 22||SellUS$14,900||Elizabeth Jackson||Individual||1,793||US$8.31|
|20 Jan 22||SellUS$637||Martin A. Van Heyningen||Individual||70||US$9.10|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
KVH Industries, Inc.'s employee growth, exchange listings and data sources
- Name: KVH Industries, Inc.
- Ticker: KVHI
- Exchange: NasdaqGS
- Founded: 1978
- Industry: Communications Equipment
- Sector: Tech
- Implied Market Cap: US$175.872m
- Shares outstanding: 19.08m
- Website: https://www.kvh.com
Number of Employees
- KVH Industries, Inc.
- 50 Enterprise Center
- Rhode Island
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KVHI||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Apr 1996|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/30 00:00|
|End of Day Share Price||2022/09/30 00:00|
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.