IEH
OTCPK:IEHC
IEHC
OTCPK
$42M
Market Cap
Company description
IEH Corporation designs, develops, and manufactures printed circuit board connectors and custom interconnects for high performance applications. The last earnings update was 33 days ago. More info.
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- IEH has significant price volatility in the past 3 months.
IEHC Share Price and Events
7 Day Returns
9.1%
OTCPK:IEHC
3%
US Electronic
2.9%
US Market
1 Year Returns
111.1%
OTCPK:IEHC
-1%
US Electronic
1.4%
US Market
IEHC Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| IEH (IEHC) | 9.1% | 23.7% | 28.1% | 111.1% | 181.6% | 258.8% |
| US Electronic | 3% | 2.3% | 17.7% | -1% | 59.1% | 59.1% |
| US Market | 2.9% | 2.5% | 10% | 1.4% | 38.3% | 42% |
1 Year Return vs Industry and Market
- IEHC outperformed the Electronic industry which returned -1% over the past year.
- IEHC outperformed the Market in United States of America which returned 1.4% over the past year.
Value
Is IEH undervalued based on future cash flows and its price relative to the stock market?
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
IEH
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.
Raw Data
Our intrinsic value calculation method has changed recently, learn more here.
Below are the data sources, inputs and calculation used to determine the intrinsic value for IEH.
| 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% |
| 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% |
| Electronic Unlevered Beta | Simply Wall St/ S&P Global | 1.07 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.071 (1 + (1- 21%) (0.55%)) |
1.051 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.05 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.051 * 5.96%) |
8.99% |
Discounted Cash Flow Calculation for OTCPK:IEHC using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for IEH 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 (@ 8.99%) |
|
|---|---|---|---|
| 2019 | 10.64 | Est @ 98.21% | 9.76 |
| 2020 | 18.04 | Est @ 69.56% | 15.19 |
| 2021 | 26.97 | Est @ 49.51% | 20.83 |
| 2022 | 36.54 | Est @ 35.48% | 25.89 |
| 2023 | 45.92 | Est @ 25.65% | 29.85 |
| 2024 | 54.54 | Est @ 18.78% | 32.53 |
| 2025 | 62.15 | Est @ 13.96% | 34.01 |
| 2026 | 68.74 | Est @ 10.59% | 34.51 |
| 2027 | 74.40 | Est @ 8.23% | 34.27 |
| 2028 | 79.29 | Est @ 6.58% | 33.52 |
| Present value of next 10 years cash flows | $270.37 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $79.29 × (1 + 2.73%) ÷ (8.99% – 2.73%) |
$1,300.59 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $1,300.59 ÷ (1 + 8.99%)10 |
$549.73 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $270.37 + $549.73 |
$820.10 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $820.10 / 2.32 |
$352.96 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $352.96 |
| Current discount | Discount to share price of
$17.94
= -1 x ($17.94 - $352.96) / $352.96 |
94.9% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Amount off the current price
IEH
is available for.
>50%
Share price is
$17.94
vs Future cash flow value of
$352.96
Current Discount Checks
For
IEH
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
- IEH's share price is below the future cash flow value, and at a moderate discount (> 20%).
- IEH'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 IEH's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
IEH's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-28) in USD | $2.25 |
| OTCPK:IEHC Share Price ** | OTCPK (2019-03-14) in USD | $17.94 |
| United States of America Electronic Industry PE Ratio | Median Figure of 92 Publicly-Listed Electronic Companies | 19.59x |
| United States of America Market PE Ratio | Median Figure of 3,054 Publicly-Listed Companies | 17.61x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of IEH.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = OTCPK:IEHC Share Price ÷ EPS (both in USD) = 17.94 ÷ 2.25 |
7.97x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- IEH is good value based on earnings compared to the US Electronic industry average.
- IEH is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
IEH's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 7.97x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
-3.5%per year |
| United States of America Electronic Industry PEG Ratio | Median Figure of 60 Publicly-Listed Electronic Companies | 1.38x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.47x |
*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 IEH, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
IEH's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-28) in USD | $9.08 |
| OTCPK:IEHC Share Price * | OTCPK (2019-03-14) in USD | $17.94 |
| United States of America Electronic Industry PB Ratio | Median Figure of 151 Publicly-Listed Electronic Companies | 2.11x |
| United States of America Market PB Ratio | Median Figure of 5,152 Publicly-Listed Companies | 1.87x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = OTCPK:IEHC Share Price ÷ Book Value per Share (both in USD) = 17.94 ÷ 9.08 |
1.98x |
* Primary Listing of IEH.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- IEH is good value based on assets compared to the US Electronic industry average.
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Value checks
We assess IEH'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 Electronic 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 Electronic industry average (and greater than 0)? (1 check) IEH has a total score of 5/6, 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.
Future Performance
How is IEH expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
- No analysts cover IEH, 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!
-3.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
IEH
expected to grow at an
attractive
rate?
- IEH'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
- IEH'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 IEH's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| OTCPK:IEHC Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | -3.5% |
| United States of America Electronic Industry Earnings Growth Rate | Market Cap Weighted Average | 17% |
| United States of America Electronic Industry Revenue Growth Rate | Market Cap Weighted Average | 5.6% |
| 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 | 7.1% |
*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
Raw Data
All numbers in USD Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| 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 * |
|---|---|---|---|
| 2018-12-28 | 29 | 6 | 5 |
| 2018-09-28 | 28 | 3 | 5 |
| 2018-06-29 | 28 | 2 | 5 |
| 2018-03-30 | 23 | 1 | 3 |
| 2017-12-29 | 22 | 1 | 2 |
| 2017-09-29 | 21 | 1 | 1 |
| 2017-06-30 | 21 | 1 | 1 |
| 2017-03-31 | 20 | 0 | 1 |
| 2016-12-23 | 19 | -1 | 2 |
| 2016-09-23 | 19 | 0 | 2 |
| 2016-06-24 | 19 | 0 | 1 |
| 2016-03-25 | 19 | 1 | 2 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Raw Data
| 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 IEH Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-28 | 2.25 |
| 2018-09-28 | 2.12 |
| 2018-06-29 | 1.96 |
| 2018-03-30 | 1.11 |
| 2017-12-29 | 0.70 |
| 2017-09-29 | 0.64 |
| 2017-06-30 | 0.63 |
| 2017-03-31 | 0.64 |
| 2016-12-23 | 0.69 |
| 2016-09-23 | 0.73 |
| 2016-06-24 | 0.56 |
| 2016-03-25 | 0.73 |
*GAAP earnings excluding extraordinary items.
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IEH 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.
Future performance checks
We assess IEH'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)
IEH 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.
Past Performance
How has IEH 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
Below we compare
IEH's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it
has maintained that growth in the year.
- IEH has delivered over 20% year on year earnings growth in the past 5 years.
- IEH's 1-year earnings growth exceeds its 5-year average (221.8% vs 24.2%)
- IEH's earnings growth has exceeded the US Electronic industry average in the past year (221.8% vs 48.8%).
Earnings and Revenue History
IEH's
revenue
and
profit
over the past 5 years is shown below, any years where they have experienced a
loss will show up in red.
Raw Data
All data from IEH 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 |
|---|---|---|---|---|
| 2018-12-28 | 28.81 | 5.21 | 4.11 | |
| 2018-09-28 | 28.06 | 4.90 | 4.03 | |
| 2018-06-29 | 27.52 | 4.52 | 3.93 | |
| 2018-03-30 | 23.47 | 2.57 | 4.01 | |
| 2017-12-29 | 21.89 | 1.62 | 3.98 | |
| 2017-09-29 | 21.46 | 1.47 | 3.99 | |
| 2017-06-30 | 20.66 | 1.44 | 3.79 | |
| 2017-03-31 | 20.13 | 1.47 | 3.75 | |
| 2016-12-23 | 18.96 | 1.58 | 3.53 | |
| 2016-09-23 | 18.81 | 1.68 | 3.40 | |
| 2016-06-24 | 18.64 | 1.28 | 3.28 | |
| 2016-03-25 | 19.36 | 1.69 | 3.05 | |
| 2015-12-25 | 18.75 | 1.71 | 2.90 | |
| 2015-09-25 | 18.82 | 1.88 | 2.82 | |
| 2015-06-26 | 17.63 | 2.17 | 2.65 | |
| 2015-03-27 | 16.39 | 1.81 | 2.62 | |
| 2014-12-26 | 16.23 | 1.66 | 2.69 | |
| 2014-09-26 | 15.16 | 1.25 | 2.69 | |
| 2014-06-27 | 15.28 | 1.32 | 2.71 | |
| 2014-03-28 | 15.43 | 1.45 | 2.70 | |
| 2013-12-27 | 15.13 | 1.35 | 2.52 | |
| 2013-09-27 | 14.73 | 1.42 | 2.38 | |
| 2013-06-28 | 13.95 | 1.14 | 2.29 | |
| 2013-03-29 | 13.33 | 0.93 | 2.22 | |
| 2012-12-28 | 13.39 | 0.99 | 2.19 | |
| 2012-09-28 | 13.18 | 1.02 | 2.16 | |
| 2012-06-29 | 13.27 | 1.07 | 2.16 | |
| 2012-03-30 | 13.29 | 1.10 | 2.12 |
*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.
- IEH has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
- IEH used its assets more efficiently than the US Electronic industry average last year based on Return on Assets.
- IEH has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
IEH 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.
Past performance checks
We assess IEH'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 Electronic 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)
IEH 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.
Health
How is IEH'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 IEH's finances.
The net worth of a company is the difference between its assets and liabilities.
- IEH is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- IEH has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of
IEH's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 94.2x 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.
Raw Data
All data from IEH Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-28 | 21.09 | 0.23 | 7.09 |
| 2018-09-28 | 20.28 | 0.00 | 4.09 |
| 2018-06-29 | 19.33 | 0.00 | 2.32 |
| 2018-03-30 | 17.07 | 0.00 | 1.41 |
| 2017-12-29 | 15.85 | 0.48 | 1.86 |
| 2017-09-29 | 15.37 | 0.00 | 1.31 |
| 2017-06-30 | 14.80 | 0.19 | 1.03 |
| 2017-03-31 | 15.05 | 0.00 | 1.21 |
| 2016-12-23 | 14.78 | 0.00 | 1.39 |
| 2016-09-23 | 14.45 | 0.00 | 1.51 |
| 2016-06-24 | 13.92 | 0.29 | 1.34 |
| 2016-03-25 | 13.58 | 0.00 | 1.75 |
| 2015-12-25 | 13.20 | 0.00 | 2.21 |
| 2015-09-25 | 12.77 | 0.00 | 1.25 |
| 2015-06-26 | 12.64 | 0.00 | 1.72 |
| 2015-03-27 | 11.89 | 0.00 | 1.72 |
| 2014-12-26 | 11.48 | 0.00 | 1.42 |
| 2014-09-26 | 10.89 | 0.00 | 1.50 |
| 2014-06-27 | 10.47 | 0.00 | 1.44 |
| 2014-03-28 | 10.08 | 0.00 | 1.73 |
| 2013-12-27 | 9.82 | 0.00 | 1.23 |
| 2013-09-27 | 9.63 | 0.00 | 0.79 |
| 2013-06-28 | 9.15 | 0.00 | 0.33 |
| 2013-03-29 | 8.63 | 0.00 | 0.42 |
| 2012-12-28 | 8.47 | 0.15 | 0.69 |
| 2012-09-28 | 8.21 | 0.00 | 0.37 |
| 2012-06-29 | 8.01 | 0.00 | 0.30 |
| 2012-03-30 | 7.70 | 0.05 | 0.29 |
- IEH's level of debt (1.1%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (0% vs 1.1% today).
- Debt is well covered by operating cash flow (2648%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 96.9x coverage).
X
Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess IEH'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) IEH has a total score of 5/6, 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.
Dividends
What is IEH'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
0%
Current annual income from
IEH
dividends.
If you bought
$2,000 of
IEH
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you
can get in a
savings account?
It is up there with the
best dividend paying companies?
- Unable to evaluate IEH's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate IEH'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.
Raw Data
| 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 Electronic Industry Average Dividend Yield | Market Cap Weighted Average of 38 Stocks | 1.5% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2005 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 | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
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 IEH has not reported any payouts.
- Unable to verify if IEH's dividend has been increasing as the company has not reported any payouts.
X
Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess IEH'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 IEH afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) IEH 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.
Management
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
CEO
David
Offerman
| COMPENSATION | $391,533 |
| AGE | 43 |
| TENURE AS CEO | 2 years |
CEO Bio
Mr. David Offerman has been the Chairman of the Board, Chief Executive Officer and President at IEH Corporation since March 26, 2017. Mr. Offerman served as Vice President of Sales & Marketing at IEH Corporation since April 14, 2011 until March 26, 2017. Mr. Offerman served as National Sales Manager at IEH Corporation since September 2004 until April 14, 2011. Prior to joining IEH Corporation. He served as an account executive and sales manager in the telecommunication industry.
CEO Compensation
- Insufficient data for David to compare compensation growth.
- David's remuneration is about average for companies of similar size in United States of America.
Management Team
David Offerman
TITLE
Chairman of the Board
COMPENSATION
$392K
AGE
43
TENURE
2 yrs
Robert Knoth
TITLE
CFO, Controller
COMPENSATION
$221K
AGE
75
TENURE
29 yrs
Board of Directors Tenure
Average tenure and age of the IEH board of directors in years:
2.7
Average Tenure
51
Average Age
- The average tenure for the IEH board of directors is less than 3 years, this suggests a new board.
Board of Directors
David Offerman
TITLE
Chairman of the Board
COMPENSATION
$392K
AGE
43
TENURE
2 yrs
Allen Gottlieb
TITLE
Director
AGE
77
TENURE
27.2 yrs
Gerald Chafetz
TITLE
Director
AGE
74
TENURE
9.8 yrs
Eric Hugel
TITLE
Director
AGE
47
TENURE
2.7 yrs
Sonia Marciano
TITLE
Director
AGE
55
TENURE
2.7 yrs
Michael Rosenfeld
TITLE
Director
AGE
35
TENURE
1.2 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 01. Feb 19 | Buy | Zeff Holding Company, LLC | Company | 31. Jan 19 | 31. Jan 19 | 2,526 | $14.18 | $35,107 | ||
| 07. Jan 19 | Buy | Zeff Holding Company, LLC | Company | 04. Jan 19 | 04. Jan 19 | 2,401 | $13.47 | $32,341 | ||
| 29. Nov 18 | Buy | Zeff Holding Company, LLC | Company | 28. Nov 18 | 28. Nov 18 | 6,858 | $13.75 | $93,964 | ||
| 20. Aug 18 | Buy | Zeff Holding Company, LLC | Company | 20. Aug 18 | 20. Aug 18 | 10,000 | $12.87 | $128,700 | ||
| 26. Apr 18 | Buy | Zeff Holding Company, LLC | Company | 26. Apr 18 | 26. Apr 18 | 4,632 | $8.00 | $37,056 | ||
| 18. Apr 18 | Buy | Zeff Holding Company, LLC | Company | 18. Apr 18 | 18. Apr 18 | 5,000 | $8.26 | $41,300 | ||
X
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.
Management checks
We assess IEH'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) IEH 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.
Company Info
Description
IEH Corporation designs, develops, and manufactures printed circuit board connectors and custom interconnects for high performance applications. Its products include are used as basic components of larger assemblies of finished goods. The company markets its products directly to original equipment manufacturers, as well as through authorized representatives and distributors primarily to government, military, aerospace, medical, automotive, industrial, test equipment, and commercial electronic markets. It markets its products in the United States, Canada, Israel, India, various Pacific Rim countries, South Korea, and the European Union. The company was formerly known as Industrial Heat Treating Company, Inc. and changed its name to IEH Corporation in March 1989. IEH Corporation was founded in 1941 and is based in Brooklyn, New York.
Details
| Name: | IEH Corporation |
| IEHC | |
| Exchange: | OTCPK |
| Founded: | 1941 |
| $41,683,015 | |
| 2,323,468 | |
| Website: | http://www.iehcorp.com |
| Address: |
IEH Corporation 140 58th Street, Suite 8E, Brooklyn, New York, 11220, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| OTCPK | IEHC | Common Stock | Pink Sheets LLC | US | USD | 02. Jan 1980 |
Number of employees
Current staff
168
IEH
employees.
Industry
| Electronic Components | |
| Tech |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/17 23:37 |
| End of day share price update: | 2019/03/14 00:00 |
| Last earnings filing: | 2019/02/12 |
| Last earnings reported: | 2018/12/28 |
| Last annual earnings reported: | 2018/03/30 |
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.
