NasdaqGM:PRCP

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Executive Summary

Perceptron, Inc. develops, produces, and sells various automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection, and 3D scanning in Europe, Asia, and the Americas.


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

How has Perceptron's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PRCP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.3%

PRCP

-0.5%

US Electronic

2.3%

US Market


1 Year Return

-24.9%

PRCP

-1.9%

US Electronic

6.7%

US Market

Return vs Industry: PRCP underperformed the US Electronic industry which returned -0.4% over the past year.

Return vs Market: PRCP underperformed the US Market which returned 6.1% over the past year.


Shareholder returns

PRCPIndustryMarket
7 Day-7.3%-0.5%2.3%
30 Day-7.6%-3.8%1.5%
90 Day13.0%15.8%17.8%
1 Year-24.9%-24.9%-0.9%-1.9%9.0%6.7%
3 Year-59.9%-59.9%14.2%11.0%36.6%27.7%
5 Year-70.4%-70.4%58.9%51.8%64.2%46.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Perceptron undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PRCP ($3.05) is trading below our estimate of fair value ($9.15)

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


Price To Earnings Ratio

PE vs Industry: PRCP is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.

PE vs Market: PRCP is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PRCP is good value based on its PB Ratio (0.8x) compared to the US Electronic industry average (1.9x).


Next Steps

Future Growth

How is Perceptron forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

152.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRCP is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PRCP is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PRCP is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PRCP's revenue is expected to decline over the next 3 years (-4.9% per year).

High Growth Revenue: PRCP's revenue is forecast to decline over the next 3 years (-4.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PRCP's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Perceptron performed over the past 5 years?

11.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PRCP is currently unprofitable.

Growing Profit Margin: PRCP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PRCP is unprofitable, but has reduced losses over the past 5 years at a rate of 11.3% per year.

Accelerating Growth: Unable to compare PRCP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PRCP is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-6.6%).


Return on Equity

High ROE: PRCP has a negative Return on Equity (-27.73%), as it is currently unprofitable.


Next Steps

Financial Health

How is Perceptron's financial position?


Financial Position Analysis

Short Term Liabilities: PRCP's short term assets ($51.9M) exceed its short term liabilities ($21.0M).

Long Term Liabilities: PRCP's short term assets ($51.9M) exceed its long term liabilities ($3.9M).


Debt to Equity History and Analysis

Debt Level: PRCP's debt to equity ratio (6.4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if PRCP'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: Whilst unprofitable PRCP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PRCP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.4% per year.


Next Steps

Dividend

What is Perceptron current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate PRCP'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 PRCP's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: PRCP is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PRCP'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?

2.1yrs

Average management tenure


CEO

Jay Freeland (50yo)

0.67

Tenure

US$105,780

Compensation

Mr. Jay W. Freeland has been a Director of Perceptron, Inc. since December 2018 and Chairman of the board since May 21, 2019. Mr. Freeland has been an Interim President and Chief Executive Officer of Perce ...


Leadership Team

NamePositionTenureCompensationOwnership
Jay Freeland
Chairman of the Board0.67yrUS$105.78k0.35% $105.1k
Richard Van Valkenburg
Vice President of Global Sales & Marketing3.58yrsUS$324.97k0.39% $116.3k
James West
Founder & VP of Engineeringno datano datano data
Bill Roeschlein
Interim VP of Finance & CFO0.50yrno datano data
Heribert Viehweber
Vice President of Global Operations & Quality3.83yrsno datano data
John M. Kearney
MD of EMEA & VPno datano datano data
Carlo Cibien
VP & MD of Coord3no datano datano data
Giovanni Trivisonni
VP & MD of Coord3no datano datano data
Thomas Vaughn
Secretaryno datano datano data

2.1yrs

Average Tenure

51yo

Average Age

Experienced Management: PRCP's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jay Freeland
Chairman of the Board0.67yrUS$105.78k0.35% $105.1k
James Ratigan
Independent Director3.92yrsUS$79.50k0.16% $47.1k
C. Neely
Independent Director6.5yrsUS$87.50k0.14% $42.9k
William Taylor
Independent Director3.92yrsUS$90.00k0.22% $65.6k
John Bryant
Independent Director3.92yrsUS$83.25k0.20% $59.0k
Sujatha Kumar
Independent Director0.83yrno data0.015% $4.4k

3.9yrs

Average Tenure

60yo

Average Age

Experienced Board: PRCP's board of directors are considered experienced (3.9 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Perceptron, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Perceptron, Inc.
  • Ticker: PRCP
  • Exchange: NasdaqGM
  • Founded: 1981
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$29.649m
  • Shares outstanding: 9.72m
  • Website: https://www.perceptron.com

Number of Employees


Location

  • Perceptron, Inc.
  • 47827 Halyard Drive
  • Plymouth
  • Michigan
  • 48170
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRCPNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDAug 1992
PR5DB (Deutsche Boerse AG)YesCommon StockDEEURAug 1992

Biography

Perceptron, Inc. develops, produces, and sells various automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection, and 3D scanning in Europe, Asia, and the Americas. It provides various in-line and near-line measurement solutions, including AutoGauge, AutoFit, AutoGuide, AccuSite, and Helix engineered metrology systems for industrial automated process control and assembly using fixed and robot mounted laser scanners; and offline measurement solutions comprising Coord3, coordinate measuring machines, V7 3D laser scanner, and TouchDMIS measuring software for industrial gauging and dimensional inspection using standalone robot mounted laser scanners and coordinate measuring machines. The company also offers laser-based sensors and software comprising WheelWorks product that targets the digitizing, reverse engineering, inspection, and original equipment manufacturers wheel alignment sectors. In addition, it provides value added services, including training, field, calibration, launch support, consulting, and repair services, as well as equipment and software maintenance agreements. The company serves automotive, aerospace, and other manufacturing companies through manufacturing line builders, system integrators, value-added resellers, and original equipment manufacturers. Perceptron, Inc. was founded in 1981 and is headquartered in Plymouth, Michigan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/11 00:10
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
Annual Earnings2019/06/30


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.