OTCPK:INVI

Stock Analysis Report

Executive Summary

Integral Vision, Inc. develops, manufactures, and markets flat panel display inspection systems for the display manufacturing processes.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

16.3%

INVI

-0.1%

US Electronic

0.6%

US Market


1 Year Return

50.0%

INVI

29.0%

US Electronic

24.6%

US Market

Return vs Industry: INVI exceeded the US Electronic industry which returned 30.4% over the past year.

Return vs Market: INVI exceeded the US Market which returned 24.7% over the past year.


Shareholder returns

INVIIndustryMarket
7 Day16.3%-0.1%0.6%
30 Day42.9%1.9%3.0%
90 Day114.3%9.4%10.6%
1 Year50.0%50.0%30.3%29.0%27.3%24.6%
3 Year150.0%150.0%48.8%44.6%50.5%40.8%
5 Year20.0%20.0%88.8%79.2%78.9%59.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether Integral Vision is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Integral Vision has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of INVI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Integral Vision regulatory filings here.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

How is Integral Vision forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.9%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Integral Vision has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of INVI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Integral Vision's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has Integral Vision performed over the past 5 years?

11.9%

Historical Tech annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Integral Vision has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at Integral Vision's' management and board experience and expertise to assess their ability to deliver on their strategic promises.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Integral Vision's filings and announcements here.
  • Explore strong past performing companies in the Tech industry.

Financial Health

How is Integral Vision's financial position?


In this section we usually analyse Integral Vision's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Integral Vision has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of INVI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Integral Vision's financial data was last updated here.
  • Explore more healthy companies in the Tech industry.

Dividend

What is Integral Vision's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate INVI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if INVI's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of INVI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Integral Vision's salary, the management and board of directors tenure and is there insider trading?

21.9yrs

Average management tenure


CEO

Integral Vision has no CEO, or we have no data on them.


Management Age and Tenure

21.9yrs

Average Tenure

61yo

Average Age

Experienced Management: INVI's management team is seasoned and experienced (21.9 years average tenure).


Board Age and Tenure

37.0yrs

Average Tenure

74yo

Average Age

Experienced Board: INVI's board of directors are seasoned and experienced ( 37 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Max Coon (84yo)

    Vice Chairman & Secretary

    • Tenure: 37yrs
  • Mark Doede (61yo)

    President

    • Tenure: 11yrs
    • Compensation: US$188.33k
  • Vincent Shunsky (69yo)

    Treasurer & Director

    • Tenure: 42yrs
    • Compensation: US$7.20k
  • Andrew Blowers (51yo)

    Chief Technology Officer

    • Tenure: 15.8yrs
    • Compensation: US$184.62k
  • Jeff Becker (57yo)

    Senior Vice President

    • Tenure: 12.7yrs
    • Compensation: US$149.40k

Board Members

  • Max Coon (84yo)

    Vice Chairman & Secretary

    • Tenure: 37yrs
  • Charles Drake (78yo)

    Chairman of the Board

    • Tenure: 37yrs
    • Compensation: US$265.02k
  • Mark Doede (61yo)

    President

    • Tenure: 11yrs
    • Compensation: US$188.33k
  • Vincent Shunsky (69yo)

    Treasurer & Director

    • Tenure: 42yrs
    • Compensation: US$7.20k
  • William Wallace (74yo)

    Independent Director

    • Tenure: 30yrs
    • Compensation: US$10.40k

Company Information

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


Key Information

  • Name: Integral Vision, Inc.
  • Ticker: INVI
  • Exchange: OTCPK
  • Founded: 1978
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$107.025k
  • Shares outstanding: 35.68m
  • Website: https://www.iv-usa.com

Location

  • Integral Vision, Inc.
  • 49113 Wixom Tech Drive
  • Wixom
  • Michigan
  • 48393-3559
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INVIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 1983

Biography

Integral Vision, Inc. develops, manufactures, and markets flat panel display inspection systems for the display manufacturing processes. It primarily inspects micro displays and small flat panel displays. The company’s products evaluate operating displays for cosmetic and functional defects, as well as provide electrical testing. Its products include SharpEye systems that provide flat panel display inspection for reflective, emissive, and transmissive display technologies; and detects functional and cosmetic defects in liquid crystal display (LCD) displays, as well as liquid crystal on silicon, OLED, microelectromechanical systems, 3LCD/high temperature poly-silicon, e-paper, and other display technologies. The company’s technologies are applied to various consumer products, including a range of hand held devices, e-books, computer monitors, digital still cameras, HDTV, projectors, and video headsets. It sells its products directly in the United States, as well as through sales representatives in Asia and Europe. Integral Vision, Inc. was founded in 1978 and is headquartered in Wixom, Michigan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/22 23:39
End of Day Share Price2020/01/22 00:00
Earnings2012/06/30
Annual Earnings2011/12/31


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.