| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
MVIS Stock Overview
MicroVision, Inc. develops lidar sensors used in automotive safety and autonomous driving applications.
MicroVision Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.25 |
| 52 Week High | US$18.93 |
| 52 Week Low | US$2.50 |
| Beta | 3.49 |
| 1 Month Change | 14.25% |
| 3 Month Change | 1.68% |
| 1 Year Change | -75.31% |
| 3 Year Change | 427.82% |
| 5 Year Change | 100.47% |
| Change since IPO | -89.88% |
Recent News & Updates
Companies Like MicroVision (NASDAQ:MVIS) Are In A Position To Invest In Growth
Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Shareholder Returns
| MVIS | US Electronic | US Market | |
|---|---|---|---|
| 7D | 13.6% | 4.5% | 6.6% |
| 1Y | -75.3% | -19.7% | -18.4% |
Return vs Industry: MVIS underperformed the US Electronic industry which returned -19.7% over the past year.
Return vs Market: MVIS underperformed the US Market which returned -18.4% over the past year.
Price Volatility
| MVIS volatility | |
|---|---|
| MVIS Average Weekly Movement | 16.8% |
| Electronic Industry Average Movement | 7.4% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: MVIS is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: MVIS's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 96 | Sumit Sharma | https://www.microvision.com |
MicroVision, Inc. develops lidar sensors used in automotive safety and autonomous driving applications. Its laser beam scanning technology is based on micro-electrical mechanical systems, laser diodes, opto-mechanics, electronics, algorithms, and software. The company also develops micro-display concepts and designs for head-mounted augmented reality (AR) headsets, as well as 1440i MEMS module that can support AR headsets; Interactive Display modules used in smart speakers and other devices; and Consumer Lidar used in smart home systems.
MicroVision Fundamentals Summary
| MVIS fundamental statistics | |
|---|---|
| Market Cap | US$702.14m |
| Earnings (TTM) | -US$50.14m |
| Revenue (TTM) | US$2.37m |
296.2x
P/S Ratio-14.0x
P/E RatioIs MVIS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MVIS income statement (TTM) | |
|---|---|
| Revenue | US$2.37m |
| Cost of Revenue | US$11.00k |
| Gross Profit | US$2.36m |
| Other Expenses | US$52.50m |
| Earnings | -US$50.14m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.30 |
| Gross Margin | 99.54% |
| Net Profit Margin | -2,114.59% |
| Debt/Equity Ratio | 0.09% |
How did MVIS perform over the long term?
See historical performance and comparisonValuation
Is MVIS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book 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 MVIS?
Other financial metrics that can be useful for relative valuation.
| What is MVIS's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$702.14m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 255x |
| Enterprise Value/EBITDA | -12.3x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does MVIS's PB Ratio compare to its peers?
| MVIS PB Ratio vs Peers |
|---|
| Company | PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 2.1x | ||
FARO FARO Technologies | 1.8x | 130.7% | US$573.4m |
AEVA Aeva Technologies | 1.8x | 59.8% | US$778.0m |
MASS 908 Devices | 2.9x | -0.9% | US$599.3m |
INVZ Innoviz Technologies | 2x | 33.5% | US$558.4m |
MVIS MicroVision | 6.8x | 55.3% | US$702.1m |
Price-To-Book vs Peers: MVIS is expensive based on its Price-To-Book Ratio (6.8x) compared to the peer average (2.1x).
Price to Earnings Ratio vs Industry
How does MVIS's PE Ratio compare vs other companies in the US Electronic Industry?
Price-To-Book vs Industry: MVIS is expensive based on its Price-To-Book Ratio (6.8x) compared to the US Electronic industry average (1.9x)
Price to Book Ratio vs Fair Ratio
What is MVIS's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 6.8x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate MVIS's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of MVIS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate MVIS's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate MVIS's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MVIS's PEG Ratio to determine if it is good value.
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Future Growth
How is MicroVision forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
55.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MVIS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: MVIS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MVIS is expected to become profitable in the next 3 years.
Revenue vs Market: MVIS's revenue (60.1% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: MVIS's revenue (60.1% 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 MVIS's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has MicroVision 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
-7.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MVIS is currently unprofitable.
Growing Profit Margin: MVIS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MVIS is unprofitable, and losses have increased over the past 5 years at a rate of 7.6% per year.
Accelerating Growth: Unable to compare MVIS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MVIS is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (33%).
Return on Equity
High ROE: MVIS has a negative Return on Equity (-48.46%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is MicroVision's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: MVIS's short term assets ($106.9M) exceed its short term liabilities ($9.4M).
Long Term Liabilities: MVIS's short term assets ($106.9M) exceed its long term liabilities ($4.9M).
Debt to Equity History and Analysis
Debt Level: MVIS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MVIS's debt to equity ratio has reduced over the 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: MVIS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MVIS has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 9.1% each year.
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Dividend
What is MicroVision current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MVIS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MVIS'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 MVIS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MVIS'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 MVIS has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
0.8yrs
Average management tenure
CEO
Sumit Sharma (47 yo)
2.33yrs
Tenure
US$4,548,622
Compensation
Mr. Sumit Sharma has been the Chief Executive Officer and Director of MicroVision, Inc. since February 24, 2020. Mr. Sharma served as the Chief Operating Officer of MicroVision, Inc. since June 5, 2018 unt...
CEO Compensation Analysis
Compensation vs Market: Sumit's total compensation ($USD4.55M) is about average for companies of similar size in the US market ($USD4.02M).
Compensation vs Earnings: Sumit's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: MVIS's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: MVIS's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.6%.
Top Shareholders
Company Information
MicroVision, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: MicroVision, Inc.
- Ticker: MVIS
- Exchange: NasdaqGM
- Founded: 1993
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Implied Market Cap: US$702.142m
- Shares outstanding: 165.21m
- Website: https://www.microvision.com
Number of Employees
Location
- MicroVision, Inc.
- 6244 185th Avenue NE
- Suite 100
- Redmond
- Washington
- 98052
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/26 00:00 |
| End of Day Share Price | 2022/06/24 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.