Immersion Corporation
NASDAQ Global SelectTotal Valuation
Immersion Corporation carries a market capitalization of 214.49M, placing it among publicly traded companies globally. Its enterprise value stands at 619.87M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 214.49M |
| Enterprise Value | 619.87M |
Share Statistics
Immersion Corporation currently has 33.06M shares outstanding.
| Shares Outstanding | 33.06M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Immersion Corporation trades at a trailing price-to-earnings ratio of 11.63. The price-to-sales ratio is 0.13, and the price-to-book ratio stands at 7.34.
| PE Ratio | 11.63 |
| PS Ratio | 0.13 |
| PB Ratio | 7.34 |
| P/TBV Ratio | 0.55 |
| P/FCF Ratio | 5.50 |
| P/OCF Ratio | 8.71 |
Enterprise Valuation
On an enterprise value basis, Immersion Corporation trades at an EV/EBITDA multiple of 7.05 and an EV/FCF ratio of 12.39. The EV/Sales ratio of 0.36 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 13.60 provides insight into valuation relative to core operating earnings.
| EV / Sales | 0.36 |
| EV / EBITDA | 7.05 |
| EV / EBIT | 13.60 |
| EV / FCF | 12.39 |
Financial Position
Immersion Corporation maintains a current ratio of 1.83, meaning it holds 1.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 55.30, indicating elevated leverage, while an interest coverage ratio of 5.06 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 1.83 |
| Quick Ratio | 1.08 |
| Debt / Equity | 55.30 |
| Debt / EBITDA | 3.54 |
| Interest Coverage | 5.06 |
Financial Efficiency
Immersion Corporation posts a return on equity of -13.13 and a return on invested capital of 2.93.
| Return on Equity (ROE) | -13.13 |
| Return on Assets (ROA) | -0.34 |
| Return on Invested Capital (ROIC) | 2.93 |
| Return on Capital Employed (ROCE) | -1.41 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 0.81 |
Taxes
Over the trailing twelve months, Immersion Corporation has paid 6.93M in income taxes, reflecting an effective tax rate of 43.39.
| Income Tax | 6.93M |
| Effective Tax Rate | 43.39 |
Stock Price Statistics
Immersion Corporation's stock has declined approximately -16.17076% over the past 52 weeks. The 50-day moving average sits at 6.13, while the 200-day moving average is 6.55.
| Beta (5Y) | N/A |
| 52-Week Price Change | -16.17076% |
| 50-Day Moving Average | 6.13 |
| 200-Day Moving Average | 6.55 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Immersion Corporation generated 1.74B in revenue and converted that into -4.71M in net income, yielding earnings per share of 0.27. EBITDA reached 87.89M, while operating income came in at 45.58M.
| Revenue | 1.74B |
| Gross Profit | 1.44B |
| Operating Income | 45.58M |
| Pretax Income | 15.96M |
| Net Income | -4.71M |
| EBITDA | 87.89M |
| EBIT | 45.58M |
| Earnings Per Share (EPS) | 0.27 |
Balance Sheet
Immersion Corporation holds 177.92M in cash and equivalents against 310.77M in total debt, resulting in a net debt position of 8.57M. Total book value stands at 30.01M, with working capital of 459.41M providing operational flexibility.
| Cash & Cash Equivalents | 177.92M |
| Total Debt | 310.77M |
| Net Debt | 8.57M |
| Equity (Book Value) | 30.01M |
| Book Value Per Share | 0.92 |
| Working Capital | 459.41M |
Cash Flow
Immersion Corporation produced 25.32M in operating cash flow over the past twelve months. After subtracting -14.88M in capital expenditures, free cash flow totaled 10.43M - equivalent to 0.32 per share.
| Operating Cash Flow | 25.32M |
| Capital Expenditures | -14.88M |
| Free Cash Flow | 10.43M |
| FCF Per Share | 0.32 |
Margins
Immersion Corporation operates with a gross margin of 82.69, reflecting its pricing power and cost economics. The operating margin of 2.62 and net profit margin of -0.27 provide insight into operational efficiency.
| Gross Margin | 82.69 |
| Operating Margin | 2.62 |
| Pretax Margin | 0.92 |
| Profit Margin | -0.27 |
| EBITDA Margin | 5.04 |
Dividends & Yields
The company's payout ratio of 30.90 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.21 |
| Dividend Yield | N/A |
| Payout Ratio | 30.90 |
| Shareholder Yield | 7.94 |
| FCF Yield | 18.17 |
Scores
Immersion Corporation posts an Altman Z-Score of 2.10, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 2.10 |