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Interlink Electronics

OTCPK:LINK
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LINK
OTCPK
$14M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Interlink Electronics, Inc., together with its subsidiaries, designs, develops, manufactures, and sells force-sensing technologies that incorporate proprietary materials technology, and firmware and software products and custom solutions. The last earnings update was 131 days ago. More info.


Add to Portfolio Compare Print
  • Interlink Electronics has significant price volatility in the past 3 months.
LINK Share Price and Events
7 Day Returns
7.5%
OTCPK:LINK
0.7%
US Electronic
1.2%
US Market
1 Year Returns
-61.6%
OTCPK:LINK
-0.3%
US Electronic
3%
US Market
LINK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Interlink Electronics (LINK) 7.5% 16.2% -15.3% -61.6% -66.4% 75.5%
US Electronic 0.7% 1.1% 21.2% -0.3% 59.3% 59.2%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • LINK underperformed the Electronic industry which returned -0.3% over the past year.
  • LINK underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
LINK
Industry
5yr Volatility vs Market

Value

 Is Interlink Electronics 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 Interlink Electronics 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

Below are the data sources, inputs and calculation used to determine the intrinsic value for Interlink Electronics.

OTCPK:LINK Discounted Cash Flow Data Sources
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.

Calculation of Discount Rate/ Cost of Equity for OTCPK:LINK
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%))
1.048
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% + (1.048 * 5.96%)
8.97%

Discounted Cash Flow Calculation for OTCPK:LINK using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Interlink Electronics 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.

OTCPK:LINK DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.97%)
2019 1.47 Est @ -14.29% 1.35
2020 1.33 Est @ -9.18% 1.12
2021 1.26 Est @ -5.61% 0.97
2022 1.22 Est @ -3.11% 0.86
2023 1.20 Est @ -1.36% 0.78
2024 1.20 Est @ -0.13% 0.72
2025 1.21 Est @ 0.73% 0.66
2026 1.23 Est @ 1.33% 0.62
2027 1.25 Est @ 1.75% 0.58
2028 1.27 Est @ 2.04% 0.54
Present value of next 10 years cash flows $8.20
OTCPK:LINK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1.27 × (1 + 2.73%) ÷ (8.97% – 2.73%)
$20.94
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $20.94 ÷ (1 + 8.97%)10
$8.87
OTCPK:LINK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $8.20 + $8.87
$17.06
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $17.06 / 6.48
$2.63
OTCPK:LINK Discount to Share Price
Calculation Result
Value per share (USD) From above. $2.63
Current discount Discount to share price of $2.15
= -1 x ($2.15 - $2.63) / $2.63
18.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Interlink Electronics is available for.
Intrinsic value
18%
Share price is $2.15 vs Future cash flow value of $2.63
Current Discount Checks
For Interlink Electronics to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Interlink Electronics's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Interlink Electronics's share price is below the future cash flow value, but not 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 Interlink Electronics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Interlink Electronics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:LINK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $0.08
OTCPK:LINK Share Price ** OTCPK (2019-03-20) in USD $2.15
United States of America Electronic Industry PE Ratio Median Figure of 92 Publicly-Listed Electronic Companies 19.54x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Interlink Electronics.

OTCPK:LINK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:LINK Share Price ÷ EPS (both in USD)

= 2.15 ÷ 0.08

26.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Interlink Electronics is overvalued based on earnings compared to the US Electronic industry average.
  • Interlink Electronics is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Interlink Electronics's expected growth come at a high price?
Raw Data
OTCPK:LINK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 26.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
12.4%per year
United States of America Electronic Industry PEG Ratio Median Figure of 60 Publicly-Listed Electronic Companies 1.54x
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 Interlink Electronics, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Interlink Electronics's assets?
Raw Data
OTCPK:LINK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $1.37
OTCPK:LINK Share Price * OTCPK (2019-03-20) in USD $2.15
United States of America Electronic Industry PB Ratio Median Figure of 151 Publicly-Listed Electronic Companies 2.1x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:LINK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:LINK Share Price ÷ Book Value per Share (both in USD)

= 2.15 ÷ 1.37

1.56x

* Primary Listing of Interlink Electronics.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Interlink Electronics is good value based on assets compared to the US Electronic industry average.
X
Value checks
We assess Interlink Electronics's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Interlink Electronics has a total score of 1/6, 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 Interlink Electronics expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Interlink Electronics, 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!
Annual Growth Rate
12.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Interlink Electronics expected to grow at an attractive rate?
  • Interlink Electronics's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Interlink Electronics's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Interlink Electronics's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:LINK Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:LINK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 12.4%
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
OTCPK:LINK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:LINK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 10 2 1
2018-06-30 10 2 1
2018-03-31 11 2 1
2017-12-31 11 2 1
2017-09-30 12 2 2
2017-06-30 12 2 2
2017-03-31 12 2 3
2016-12-31 12 2 3
2016-09-30 12 3 2
2016-06-30 11 3 2
2016-03-31 11 2 2
2015-12-31 11 2 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Interlink Electronics's earnings are expected to grow by 12.4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Interlink Electronics is high growth as no revenue estimate data is available.
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
OTCPK:LINK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Interlink Electronics Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:LINK Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 0.08
2018-06-30 0.11
2018-03-31 0.14
2017-12-31 0.17
2017-09-30 0.30
2017-06-30 0.33
2017-03-31 0.36
2016-12-31 0.39
2016-09-30 0.34
2016-06-30 0.32
2016-03-31 0.28
2015-12-31 0.24

*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 Interlink Electronics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Interlink Electronics's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Interlink Electronics has a total score of 1/6, 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 Interlink Electronics 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 Interlink Electronics'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.
  • Interlink Electronics's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Interlink Electronics's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Interlink Electronics's 1-year earnings growth is negative, it can't be compared to the US Electronic industry average.
Earnings and Revenue History
Interlink Electronics'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 Interlink Electronics Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:LINK Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 9.53 0.57 3.47 0.95
2018-06-30 10.26 0.82 3.65 0.96
2018-03-31 10.84 1.01 3.83 0.88
2017-12-31 11.15 1.26 3.89 0.83
2017-09-30 11.58 2.19 4.03 0.69
2017-06-30 12.18 2.45 3.96 0.64
2017-03-31 11.97 2.65 3.65 0.66
2016-12-31 11.89 2.89 3.54 0.62
2016-09-30 11.88 2.49 3.33 0.70
2016-06-30 11.28 2.33 3.31 0.74
2016-03-31 11.06 2.06 3.31 0.82
2015-12-31 10.51 1.73 3.12 0.84
2015-09-30 10.70 1.96 2.92 0.80
2015-06-30 10.98 2.00 2.84 0.82
2015-03-31 10.82 1.93 2.74 0.80
2014-12-31 10.28 1.52 2.72 0.81
2014-09-30 9.33 0.80 2.68 0.85
2014-06-30 8.21 0.20 2.49 0.80
2014-03-31 7.44 -0.22 2.60 0.70
2013-12-31 7.55 -0.02 2.60 0.66
2013-09-30 7.03 -0.38 2.73 0.72
2013-06-30 6.85 -0.32 2.81 0.73
2013-03-31 6.54 -0.02 2.56 0.80
2012-12-31 6.41 0.10 2.28 0.97
2012-09-30 6.06 0.26 1.97 1.05
2012-06-30 5.57 0.11 1.78 1.13
2012-03-31 5.53 -0.39 1.78 1.28

*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.
  • Interlink Electronics has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Interlink Electronics used its assets less efficiently than the US Electronic industry average last year based on Return on Assets.
  • Interlink Electronics's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Interlink Electronics's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Interlink Electronics has a total score of 1/6, 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 Interlink Electronics'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 Interlink Electronics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Interlink Electronics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Interlink Electronics has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Interlink Electronics'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.
  • Low level of unsold assets.
  • Interlink Electronics has no debt, it does not need to be covered by short term assets.
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 Interlink Electronics Company Filings, last reported 5 months ago.

OTCPK:LINK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 8.91 0.00 6.44
2018-06-30 8.86 0.00 5.94
2018-03-31 11.20 0.00 7.97
2017-12-31 11.13 0.00 7.77
2017-09-30 11.07 0.00 7.80
2017-06-30 10.63 0.00 6.97
2017-03-31 10.00 0.00 6.37
2016-12-31 9.60 0.00 6.01
2016-09-30 8.70 0.00 6.16
2016-06-30 8.04 0.00 5.40
2016-03-31 7.30 0.00 4.62
2015-12-31 6.66 0.00 4.43
2015-09-30 6.12 0.00 3.62
2015-06-30
2015-03-31 4.86 0.00 2.38
2014-12-31 4.86 0.00 2.38
2014-09-30 3.59 0.00 1.13
2014-06-30 3.59 0.00 1.13
2014-03-31 3.21 0.00 1.59
2013-12-31 3.33 0.00 1.49
2013-09-30 3.27 0.00 1.66
2013-06-30 3.37 0.00 1.69
2013-03-31 3.36 0.00 2.02
2012-12-31 3.27 0.00 2.10
2012-09-30 3.58 0.00 2.34
2012-06-30 3.60 0.00 2.53
2012-03-31 3.29 0.00 2.27
  • Interlink Electronics has no debt.
  • Interlink Electronics has not taken on any debt in the past 5 years.
  • Interlink Electronics has no debt, it does not need to be covered by operating cash flow.
  • Interlink Electronics has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Interlink Electronics's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Interlink Electronics has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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 Interlink Electronics'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
Dividend payments
0%
Current annual income from Interlink Electronics dividends.
If you bought $2,000 of Interlink Electronics 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 Interlink Electronics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Interlink Electronics'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
OTCPK:LINK Annualized Past and Future Dividends
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 2004 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 Interlink Electronics has not reported any payouts.
  • Unable to verify if Interlink Electronics's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Interlink Electronics's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Interlink Electronics has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Interlink Electronics's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Interlink Electronics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Interlink Electronics 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

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

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
Steven Bronson
COMPENSATION $301,098
AGE 53
TENURE AS CEO 8.7 years
CEO Bio

Mr. Steven Nathan Bronson has been the Chairman and Chief Executive Officer of Interlink Electronics, Inc. since July 13, 2010 and its President since March 2011. Mr. Bronson has been Acting Chief Financial Officer of Interlink Electronics, Inc. since August 17, 2018. He serves as Chief Executive Officer of BKF Capital Group, Inc. since September 2008. He has been the Chief Executive Officer of Qualstar Corp. since July 3, 2013 and has been its President since January 01, 2016. Mr. Bronson has over 35 years of business and entrepreneurial experience with a strong background in investment banking, operations and management. He has been the Chief Executive Officer and President of Ridgefield Acquisition Corp. since September 1996 and serves as its Principal Financial Officer. He serves as the Chairman, President, Treasurer and Secretary of Bio-Medical NV, a subsidiary of Ridgefield Acquisition Corp. He serves as an Officer of Bio-Medical Automation Inc. Mr. Bronson served as the Chief Financial Officer and Secretary of Interlink Electronics, Inc. since July 7, 2016 until August 24, 2016. He served as the Chief Executive Officer and President at Regional Brands Inc. from September 1998 to May 16, 2016. He has over 26 years of Wall Street experience and securities industry contacts. He Founded Bronson & Co., LLC (Catalyst Financial LLC) in 1996 and served as its President and Chief Executive Officer until November 2014. He served as President of Qualstar Corp since July 3, 2013 until May 15, 2015. He served as Mikron's Chairman and Chief Executive Officer from August 1998 to May 1999. He served as the Interim President and Interim Chief Operating Officer of Interlink Electronics, Inc. until October 25, 2010. He is a successful value investor who has been personally involved in over $300 million in financings, mergers and acquisition transactions for small and middle market companies. He served as the President of BKF Capital Group, Inc. since September 19, 2008. He served as Treasurer of BKF Capital Group Inc. since October 2008 and serves as its Chief Executive Officer since September 2008 and serves as its Principal Financial Officer. He served as Sole Officer of 4net Software Inc. from September 1998 to August 11, 2000. From 1991 to September 23, 1998, he served as the President of Barber & Bronson Incorporated. He served as Chairman of 4net Software Inc. until April 8, 2016. He served as the Chairman of Ridgefield Acquisition Corp since September 1996. He served as Chairman of the Board of Catalyst Financial LLC until November 2014. He serves as the Chairman of BKF Capital Group, Inc. since September 19, 2008. He served as the Chairman of Qualstar Corp. since June 30, 2013 until June 27, 2014. He has been a Director of Ridgefield Acquisition Corp. since June 1996 and Qualstar Corp. since June 30, 2013. He is the Owner of Qualstar. He served as a Director of 4net Software Inc. from June 1996 to April 8, 2016. He has been a Director of Bio-Medical NV since March 3, 2003. He has been a Director of Interlink Electronics, Inc. since July 13, 2010. He serves as a Director of Bio-Medical Automation Inc. Mr. Bronson served as a Board Member of NIBA from 1993 to 1996. He serves as a Director of BKF Capital Group, Inc. since September 19, 2008. He is Chairman and President of the BKF Asset Holdings, Inc. Mr. Bronson served on the board of Mikron Infrared Instruments, Inc. from September 1996 to July 2000.

CEO Compensation
  • Steven's compensation has been consistent with company performance over the past year.
  • Steven's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Interlink Electronics management team in years:

4.8
Average Tenure
  • The tenure for the Interlink Electronics management team is about average.
Management Team

Steven Bronson

TITLE
Chairman
COMPENSATION
$301K
AGE
53
TENURE
8.7 yrs

Albert Lu

TITLE
Chief Technology Officer
COMPENSATION
$232K
AGE
47
TENURE
5.1 yrs

John Sirbu

TITLE
Interim Vice President of Operations
TENURE
4.4 yrs

Gary Rubin

TITLE
Corporate Controller

John Heitzinger

TITLE
Director of Strategic Partnerships
TENURE
1.9 yrs
Board of Directors Tenure

Average tenure and age of the Interlink Electronics board of directors in years:

4.7
Average Tenure
61.5
Average Age
  • The tenure for the Interlink Electronics board of directors is about average.
Board of Directors

Steven Bronson

TITLE
Chairman
COMPENSATION
$301K
AGE
53
TENURE
8.7 yrs

Angela Blatteis

TITLE
Independent Director
COMPENSATION
$15K
AGE
58
TENURE
4.7 yrs

Frank Levinson

TITLE
Lead Independent Director
COMPENSATION
$15K
AGE
65

Mark Bailey

TITLE
Independent Director
COMPENSATION
$15K
AGE
70
TENURE
3.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
20. Sep 18 Buy BKF Asset Management, Inc. Company 18. Sep 18 20. Sep 18 4,459 $4.35 $19,358
14. Sep 18 Buy BKF Asset Management, Inc. Company 12. Sep 18 14. Sep 18 2,492 $4.98 $12,260
08. Sep 18 Buy BKF Asset Management, Inc. Company 05. Sep 18 07. Sep 18 7,272 $4.66 $32,208
27. Aug 18 Buy BKF Capital Group, Inc. Company 23. Aug 18 23. Aug 18 3,034 $3.81 $11,560
15. Aug 18 Buy BKF Capital Group, Inc. Company 13. Aug 18 15. Aug 18 22,841 $3.50 $79,837
29. Jun 18 Sell Leonard Hagan Individual 28. Jun 18 28. Jun 18 -867,681 $3.00 $-2,603,043
07. May 18 Sell Leonard Hagan Individual 03. May 18 03. May 18 -20,400 $6.20 $-117,827
20. Apr 18 Sell Leonard Hagan Individual 18. Apr 18 18. Apr 18 -68 $5.60 $-381
X
Management checks
We assess Interlink Electronics's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Interlink Electronics 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.

News

Simply Wall St News

Company Info

Description

Interlink Electronics, Inc., together with its subsidiaries, designs, develops, manufactures, and sells force-sensing technologies that incorporate proprietary materials technology, and firmware and software products and custom solutions. Its products comprise sensor components, subassemblies, and modules that support cursor control and novel three dimensional user inputs. The company also provides FSR sensors; force sensing linear potentiometers for menu navigation and control; and integrated mouse modules and pointing solutions to various electronic devices. In addition, it offers human machine interface solutions that have various applications, including vehicle entry, vehicle multi-media control interface, rugged touch controls, presence detection, collision detection, speed and torque controls, biological monitoring, and others. The company serves Fortune 500 companies, start-ups, design houses, original design manufacturers, original equipment manufacturers, and universities in various markets, such as consumer electronics, automotive, industrial, and medical through direct sales employees, as well as outside sales representatives and distributors. It operates in the United States, Asia and Middle East, Europe, and internationally. Interlink Electronics, Inc. was founded in 1985 and is headquartered in Westlake Village, California.

Details
Name: Interlink Electronics, Inc.
LINK
Exchange: OTCPK
Founded: 1985
$13,937,985
6,482,784
Website: http://www.interlinkelectronics.com
Address: Interlink Electronics, Inc.
31248 Oak Crest Drive,
Suite 110,
Westlake Village,
California, 91361,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK LINK Common Stock Pink Sheets LLC US USD 07. Jun 1993
Number of employees
Current staff
Staff numbers
97
Interlink Electronics employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:39
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2018/11/09
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.