NEON Stock Overview
Neonode Inc., together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, China, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$5.20|
|52 Week High||US$12.42|
|52 Week Low||US$3.70|
|1 Month Change||-25.40%|
|3 Month Change||-15.58%|
|1 Year Change||-14.89%|
|3 Year Change||100.00%|
|5 Year Change||-51.85%|
|Change since IPO||-99.58%|
Recent News & Updates
Here's Why We're Not Too Worried About Neonode's (NASDAQ:NEON) Cash Burn Situation
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
|NEON||US Electronic||US Market|
Return vs Industry: NEON exceeded the US Electronic industry which returned -19.8% over the past year.
Return vs Market: NEON exceeded the US Market which returned -18.8% over the past year.
|NEON Average Weekly Movement||16.3%|
|Electronic Industry Average Movement||7.3%|
|Market Average Movement||8.0%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: NEON is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: NEON's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
Neonode Inc., together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, China, and internationally. It also offers software solutions for scene analysis using advanced machine learning algorithms to detect and track persons and objects in video streams for cameras and other types of imagers. In addition, the company licenses its technology to original equipment manufacturers (OEMs) and Tier 1 suppliers.
Neonode Fundamentals Summary
|NEON fundamental statistics|
Is NEON overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NEON income statement (TTM)|
|Cost of Revenue||US$738.00k|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 11, 2022
|Earnings per share (EPS)||-0.46|
|Net Profit Margin||-114.08%|
How did NEON perform over the long term?See historical performance and comparison
Is NEON undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
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 NEON?
Other financial metrics that can be useful for relative valuation.
|What is NEON's n/a Ratio?|
Price to Sales Ratio vs Peers
How does NEON's PS Ratio compare to its peers?
|NEON PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
RFIL RF Industries
DSWL Deswell Industries
KTCC Key Tronic
SGMA SigmaTron International
Price-To-Sales vs Peers: NEON is expensive based on its Price-To-Sales Ratio (12.9x) compared to the peer average (0.4x).
Price to Earnings Ratio vs Industry
How does NEON's PE Ratio compare vs other companies in the US Electronic Industry?
Price-To-Sales vs Industry: NEON is expensive based on its Price-To-Sales Ratio (12.9x) compared to the US Electronic industry average (1.9x)
Price to Sales Ratio vs Fair Ratio
What is NEON'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||12.9x|
|Fair PS Ratio||15.6x|
Price-To-Sales vs Fair Ratio: NEON is good value based on its Price-To-Sales Ratio (12.9x) compared to the estimated Fair Price-To-Sales Ratio (15.6x).
Share Price vs Fair Value
What is the Fair Price of NEON when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NEON ($5.2) is trading below our estimate of fair value ($56.77)
Significantly Below Fair Value: NEON is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NEON's PEG Ratio to determine if it is good value.
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How is Neonode forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score5/6
Future Growth Score 5/6
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: NEON is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: NEON is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NEON is expected to become profitable in the next 3 years.
Revenue vs Market: NEON's revenue (37.2% per year) is forecast to grow faster than the US market (8.3% per year).
High Growth Revenue: NEON's revenue (37.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NEON's Return on Equity is forecast to be low in 3 years time (7.3%).
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How has Neonode 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: NEON is currently unprofitable.
Growing Profit Margin: NEON is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NEON is unprofitable, and losses have increased over the past 5 years at a rate of 11.4% per year.
Accelerating Growth: Unable to compare NEON's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NEON is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (33%).
Return on Equity
High ROE: NEON has a negative Return on Equity (-38.08%), as it is currently unprofitable.
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How is Neonode'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: NEON's short term assets ($20.5M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: NEON's short term assets ($20.5M) exceed its long term liabilities ($196.0K).
Debt to Equity History and Analysis
Debt Level: NEON is debt free.
Reducing Debt: NEON has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
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: NEON has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NEON has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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What is Neonode current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NEON's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NEON'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 NEON's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NEON'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 NEON 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
Urban Forssell (51 yo)
Mr. Urban Forssell has been President and Chief Executive Officer of Neonode Inc. since January 1, 2020. He has served since 2013 as a Vice President and between 2011 and 2013 as a General Manager at Öhlin...
CEO Compensation Analysis
Compensation vs Market: Urban's total compensation ($USD405.94K) is below average for companies of similar size in the US market ($USD752.76K).
Compensation vs Earnings: Urban's compensation has been consistent with company performance over the past year.
Experienced Management: NEON's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: NEON's board of directors are considered experienced (3.9 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18%.
Neonode Inc.'s employee growth, exchange listings and data sources
- Name: Neonode Inc.
- Ticker: NEON
- Exchange: NasdaqCM
- Founded: 1997
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Implied Market Cap: US$70.595m
- Shares outstanding: 13.58m
- Website: https://www.neonode.com
Number of Employees
- Neonode Inc.
- KarlavAegen 100
- Stockholm County
- 115 26
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/28 00:00|
|End of Day Share Price||2022/06/28 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.