Altigen Communications
Altigen Communications, Inc. designs, delivers, and supports Voice over Internet Protocol (VoIP) phone systems and call center solutions worldwide. The last earnings update was 29 days ago. More info.
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- Altigen Communications has significant price volatility in the past 3 months.
ATGN Share Price and Events
7 Day Returns
1 Year Returns
ATGN Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Altigen Communications (ATGN) | 12.6% | 44% | 139.2% | 135.4% | 361.9% | 569.8% |
| US Communications | 0.8% | 5.1% | 23.8% | 13.3% | 79.2% | 87.5% |
| US Market | 0.4% | 1.6% | 16.4% | 3.5% | 39.4% | 44% |
1 Year Return vs Industry and Market
- ATGN outperformed the Communications industry which returned 13.3% over the past year.
- ATGN outperformed the Market in United States of America which returned 3.5% over the past year.
ATGN Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Altigen Communications
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Altigen Communications.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 9.1% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Communications Unlevered Beta | Simply Wall St/ S&P Global | 1.08 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.085 (1 + (1- 21%) (2.1%)) |
1.069 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.07 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.069 * 5.96%) |
9.1% |
Discounted Cash Flow Calculation for OTCPK:ATGN using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Altigen Communications is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 9.1%) |
|
|---|---|---|---|
| 2019 | 3.41 | Est @ 96.04% | 3.13 |
| 2020 | 5.74 | Est @ 68.05% | 4.82 |
| 2021 | 8.51 | Est @ 48.45% | 6.56 |
| 2022 | 11.47 | Est @ 34.74% | 8.10 |
| 2023 | 14.36 | Est @ 25.13% | 9.29 |
| 2024 | 17.00 | Est @ 18.41% | 10.08 |
| 2025 | 19.33 | Est @ 13.71% | 10.51 |
| 2026 | 21.34 | Est @ 10.41% | 10.63 |
| 2027 | 23.07 | Est @ 8.11% | 10.54 |
| 2028 | 24.57 | Est @ 6.5% | 10.28 |
| Present value of next 10 years cash flows | $83.92 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $24.57 × (1 + 2.73%) ÷ (9.1% – 2.73%) |
$396.19 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $396.19 ÷ (1 + 9.1%)10 |
$165.81 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $83.92 + $165.81 |
$249.73 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $249.73 / 22.89 |
$10.91 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $10.91 |
| Current discount | Discount to share price of
$1.34
= -1 x ($1.34 - $10.91) / $10.91 |
87.7% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Altigen Communications's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Altigen Communications's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Altigen Communications's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Altigen Communications's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $0.44 |
| OTCPK:ATGN Share Price ** | OTCPK (2019-03-22) in USD | $1.34 |
| United States of America Communications Industry PE Ratio | Median Figure of 33 Publicly-Listed Communications Companies | 30.4x |
| United States of America Market PE Ratio | Median Figure of 3,058 Publicly-Listed Companies | 17.52x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Altigen Communications.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = OTCPK:ATGN Share Price ÷ EPS (both in USD) = 1.34 ÷ 0.44 |
3.02x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Altigen Communications is good value based on earnings compared to the US Communications industry average.
- Altigen Communications is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Altigen Communications's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 3.02x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
-42%per year |
| United States of America Communications Industry PEG Ratio | Median Figure of 21 Publicly-Listed Communications Companies | 1.28x |
| United States of America Market PEG Ratio | Median Figure of 2,103 Publicly-Listed Companies | 1.48x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Altigen Communications, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Altigen Communications's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $0.52 |
| OTCPK:ATGN Share Price * | OTCPK (2019-03-22) in USD | $1.34 |
| United States of America Communications Industry PB Ratio | Median Figure of 67 Publicly-Listed Communications Companies | 1.88x |
| United States of America Market PB Ratio | Median Figure of 5,157 Publicly-Listed Companies | 1.88x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = OTCPK:ATGN Share Price ÷ Book Value per Share (both in USD) = 1.34 ÷ 0.52 |
2.59x |
* Primary Listing of Altigen Communications.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Altigen Communications is overvalued based on assets compared to the US Communications industry average.
Value checks
We assess Altigen Communications's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check) Altigen Communications has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
ATGN Future Performance
- No analysts cover Altigen Communications, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Altigen Communications's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
- Altigen Communications's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
- Unable to compare Altigen Communications's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| OTCPK:ATGN Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | -42% |
| United States of America Communications Industry Earnings Growth Rate | Market Cap Weighted Average | 14.9% |
| United States of America Communications Industry Revenue Growth Rate | Market Cap Weighted Average | 4.8% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.2% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 10 | 2 | 10 |
| 2018-09-30 | 10 | 0 | 10 |
| 2018-06-30 | 10 | 0 | 5 |
| 2018-03-31 | 9 | 1 | 1 |
| 2017-12-31 | 9 | 0 | 1 |
| 2017-09-30 | 8 | 0 | 0 |
| 2017-06-30 | 8 | -1 | 0 |
| 2017-03-31 | 8 | -1 | -1 |
| 2016-12-31 | 8 | -1 | -1 |
| 2016-09-30 | 8 | 0 | -1 |
| 2016-06-30 | 9 | 1 | 0 |
| 2016-03-31 | 9 | 1 | 0 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Altigen Communications Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.44 |
| 2018-09-30 | 0.43 |
| 2018-06-30 | 0.24 |
| 2018-03-31 | 0.05 |
| 2017-12-31 | 0.03 |
| 2017-09-30 | 0.02 |
| 2017-06-30 | -0.01 |
| 2017-03-31 | -0.04 |
| 2016-12-31 | -0.03 |
| 2016-09-30 | -0.04 |
| 2016-06-30 | -0.01 |
| 2016-03-31 | 0.01 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Altigen Communications will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Altigen Communications's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Altigen Communications has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
ATGN Past Performance
How has Altigen Communications performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Altigen Communications has delivered over 20% year on year earnings growth in the past 5 years.
- Altigen Communications's 1-year earnings growth exceeds its 5-year average (1500.3% vs 77.6%)
- Altigen Communications's earnings growth has exceeded the US Communications industry average in the past year (1500.3% vs 19.6%).
Earnings and Revenue History
All data from Altigen Communications Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 10.46 | 10.11 | 3.97 | 2.74 |
| 2018-09-30 | 10.00 | 9.84 | 3.77 | 2.83 |
| 2018-06-30 | 9.50 | 5.49 | 3.67 | 2.84 |
| 2018-03-31 | 9.00 | 1.03 | 3.61 | 2.88 |
| 2017-12-31 | 8.57 | 0.63 | 3.67 | 2.85 |
| 2017-09-30 | 8.39 | 0.38 | 3.81 | 2.85 |
| 2017-06-30 | 8.28 | -0.28 | 3.83 | 2.91 |
| 2017-03-31 | 8.22 | -0.83 | 4.24 | 2.96 |
| 2016-12-31 | 8.34 | -0.78 | 4.29 | 2.91 |
| 2016-09-30 | 8.43 | -0.84 | 4.35 | 2.90 |
| 2016-06-30 | 8.81 | -0.16 | 4.48 | 2.83 |
| 2016-03-31 | 8.99 | 0.18 | 4.26 | 2.82 |
| 2015-12-31 | 9.37 | 0.25 | 4.36 | 2.93 |
| 2015-09-30 | 9.80 | 0.64 | 4.26 | 2.95 |
| 2015-06-30 | 9.88 | 0.58 | 4.25 | 2.94 |
| 2015-03-31 | 9.91 | 0.52 | 4.17 | 2.88 |
| 2014-12-31 | 9.78 | 0.33 | 4.13 | 2.84 |
| 2014-09-30 | 9.58 | -0.27 | 4.33 | 2.87 |
| 2014-06-30 | 9.53 | -0.56 | 4.34 | 2.96 |
| 2014-03-31 | 9.98 | -0.41 | 4.45 | 3.03 |
| 2013-12-31 | 9.42 | -0.55 | 4.27 | 2.82 |
| 2013-09-30 | 10.82 | -0.41 | 4.87 | 3.06 |
| 2013-06-30 | 11.92 | -1.85 | 5.46 | 3.50 |
| 2013-03-31 | 13.24 | -2.04 | 6.08 | 3.79 |
| 2012-12-31 | 16.00 | -1.81 | 6.93 | 4.41 |
| 2012-09-30 | 14.10 | -1.27 | 5.52 | 3.77 |
| 2012-06-30 | 17.76 | -1.05 | 7.61 | 5.09 |
| 2012-03-31 | 18.27 | -1.75 | 7.91 | 5.83 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Altigen Communications made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
- Altigen Communications used its assets more efficiently than the US Communications industry average last year based on Return on Assets.
- Altigen Communications has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Altigen Communications's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Altigen Communications has a total score of 6/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
ATGN Health
How is Altigen Communications's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Altigen Communications's finances.
The net worth of a company is the difference between its assets and liabilities.
- Altigen Communications is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Altigen Communications's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 8.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Altigen Communications Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 11.83 | 0.64 | 4.06 |
| 2018-09-30 | 11.21 | 0.72 | 2.28 |
| 2018-06-30 | 11.21 | 0.72 | 2.28 |
| 2018-03-31 | 2.08 | 0.72 | 3.24 |
| 2017-12-31 | 1.68 | 0.79 | 3.83 |
| 2017-09-30 | 1.34 | 0.87 | 2.88 |
| 2017-06-30 | 1.12 | 0.94 | 2.33 |
| 2017-03-31 | 1.02 | 1.02 | 2.43 |
| 2016-12-31 | 1.03 | 1.02 | 2.40 |
| 2016-09-30 | 0.94 | 1.02 | 4.49 |
| 2016-06-30 | 1.41 | 1.09 | 3.13 |
| 2016-03-31 | 1.77 | 1.17 | 3.50 |
| 2015-12-31 | 1.66 | 1.24 | 3.26 |
| 2015-09-30 | 1.51 | 1.32 | 4.56 |
| 2015-06-30 | 1.16 | 1.39 | 2.02 |
| 2015-03-31 | 1.05 | 1.47 | 2.38 |
| 2014-12-31 | 0.69 | 1.54 | 2.07 |
| 2014-09-30 | 0.25 | 1.54 | 1.81 |
| 2014-06-30 | 0.24 | 1.54 | 3.88 |
| 2014-03-31 | 0.37 | 1.54 | 3.65 |
| 2013-12-31 | 1.15 | 1.59 | 4.19 |
| 2013-09-30 | 0.48 | 1.59 | 2.94 |
| 2013-06-30 | 0.84 | 1.59 | 3.47 |
| 2013-03-31 | 1.14 | 1.59 | 4.00 |
| 2012-12-31 | 1.58 | 1.59 | 4.49 |
| 2012-09-30 | 1.59 | 1.59 | 4.15 |
| 2012-06-30 | 3.12 | 0.00 | 4.13 |
| 2012-03-31 | 3.23 | 0.00 | 4.40 |
- Altigen Communications's level of debt (5.4%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (139.5% vs 5.4% today).
- Debt is well covered by operating cash flow (277.3%, greater than 20% of total debt).
- Altigen Communications earns more interest than it pays, coverage of interest payments is not a concern.
Financial health checks
We assess Altigen Communications's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Altigen Communications has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
ATGN Dividends
What is Altigen Communications's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Altigen Communications
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Altigen Communications's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Altigen Communications's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| United States of America Communications Industry Average Dividend Yield | Market Cap Weighted Average of 14 Stocks | 2.4% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2006 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Altigen Communications has not reported any payouts.
- Unable to verify if Altigen Communications's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Altigen Communications's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Altigen Communications afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Altigen Communications has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
ATGN Management
CEO
| COMPENSATION | $273,729 |
| AGE | 60 |
| TENURE AS CEO | 11.9 years |
CEO Bio
Mr. Jeremiah J. Fleming, also known as Jerry, serves as the Chairman of the Board at AltiGen Communications, Inc. and has been its President since and Chief Executive Officer since April 2, 2007. Mr. Fleming's primary initiatives is to ensure the acceleration of growth in AltiGen Communications' business by focusing on its new strategies, product offerings, marketing and business operations. He served as Chief Operating Officer of AltiGen Communications Inc. from April 2, 2007 to September 2010. He served as Vice President of Business Development of Interactive Intelligence Inc. He originally joined Interactive Intelligence, Inc. in 1997 as Vice President of Sales. He served as an Executive Vice President of Sales, The Americas and Europe, Middle East and Africa of Interactive Intelligence Inc. since May 2001. He served as Vice President of Sales, The Americas since joining Interactive Intelligence Inc. in March 1997. He served as President of Vonexus Inc., a subsidiary of Interactive Intelligence Inc. since July 2004. In this role, he was responsible for corporate strategy, management, business development and overall financial performance. From January 1995 to February 1997, Mr. Fleming served as Vice President, Domestic Sales of Software Artistry. From 1992 to December 1994, he held sales positions of increasing responsibility at Software Artistry, including Manager, Central Region Sales from January 1993 to December 1994. He performed various sales capacities at Pansophic Systems, Inc., from 1989 to 1991, including as the Midwest Regional Manager. He has been a Director at AltiGen Communications Inc. since July 24, 2007. Mr. Fleming holds both a M.B.A. degree and a B.A. degree in political science and philosophy from the University of Missouri.
CEO Compensation
- Jerry's compensation has been consistent with company performance over the past year.
- Insufficient data for Jerry to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Altigen Communications management team in years:
- The average tenure for the Altigen Communications management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Jerry Fleming
Chairman
$274K
60
11.9 yrs
Carolyn David
VP of Finance & Investor Relations Officer
David Tang
Chief Operations Officer
Mike Plumer
Vice President of Sales
$245K
54
14.7 yrs
Shirley Sun
Vice President of Research and Development
$177K
58
19.4 yrs
Board of Directors Tenure
Average tenure and age of the Altigen Communications board of directors in years:
- The tenure for the Altigen Communications board of directors is about average.
Board of Directors
Phil McDermott
Director
$221K
72
7.2 yrs
Jerry Fleming
Chairman
$274K
60
Simon Chouldjian
Director
$143K
65
1.8 yrs
Joe Antellocy
Independent Director
4.4 yrs
Keith Midkiff
Director
55
Ken Epps
Director
1.8 yrs
Tacheng Wang
Director
Mike Yen Tsai
Director
Kenneth Tai
Director
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Altigen Communications's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Altigen Communications has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
ATGN Company Info
Description
Altigen Communications, Inc. designs, delivers, and supports Voice over Internet Protocol (VoIP) phone systems and call center solutions worldwide. The company offers MaxCommunications Server (MaxCS) IP-PBX, a software-based phone system that provides customers with business communications solutions; MaxACD VoIP Contact Center, a software-based automatic call distribution engine, which offers call routing and call distribution options; MaxMobile that extends a set of business PBX functionality to smart phone devices; and MaxCommunicator, a Windows-based desktop application, which provides call control and visual voice mail management to the desktop. It also offers MaxAgent, a Windows-based desktop application to bring call control and workgroup information to call center agents; MaxSupervisor, a Windows-based desktop application for call center supervisors; and MaxACD for Lync, a call center solution. In addition, the company provides hosted services; and service support programs, which offer customers with updates, patches, new releases, and technical support for the applications they are licensed to use. It sells its products to small-to-medium sized and multi-site businesses, corporate branch offices, call centers, credit unions, and community banks through a channel of distributors and resellers. Altigen Communications, Inc. was founded in 1994 and is headquartered in San Jose, California.
Details
| Name: | Altigen Communications, Inc. |
| ATGN | |
| Exchange: | OTCPK |
| Founded: | 1994 |
| $30,657,466 | |
| 22,887,246 | |
| Website: | http://www.altigen.com |
| Address: |
Altigen Communications, Inc. 679 River Oaks Parkway, San Jose, California, 95134, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| OTCPK | ATGN | Common Stock | Pink Sheets LLC | US | USD | 05. Oct 1999 |
Number of employees
Current staff
Industry
| Communications Equipment | |
| Tech |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/22 23:32 |
| End of day share price update: | 2019/03/22 00:00 |
| Last earnings filing: | 2019/02/21 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/09/30 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
