NIV  Nivs Intellimedia Technology G...

Exchange

AMEX

Sector

Consumer Non-Durables

Industry

Consumer Electronics/Appliances

Market Cap.

106.0M

Vuru Grade

57.14/100

Current Price

$2.21
0.00 (0.00%)

Growth Price

$25.36
Undervalued by 1,047.39%

Stability Price

$0.53
Overvalued by 76.04%

Company Metrics

  • P/E 3.32
  • P/S 0.35
  • P/B 0.86
  • EPS 0.665
  • Cash ROIC 15.04%
  • Cash Ratio 2.67
  • Dividend 0 / 0%
  • Avg. Vol. 424,100.00
  • Shares 119.91M
  • Market Cap. 106.0M

Company Description

No description available... more


Download 10 Years of Financial Statements:
Income Statement   Balance Sheet   Cash Flow

News

There is no news available at this time.
Growth Rate Assumed by Market

We did a reverse valuation to calculate the growth rate the market is assuming for NIV to be considered fairly valued at its current market price. It's useful to compare this to the growth rate we're assuming for the Growth Price.

Future Free Cash Flow Growth Rate

This is the annual growth rate we've applied to calculate NIV's Free Cash Flow for the next 10 years. To calculate it, we looked at several time periods of the last 10 years. Feel free to adjust it, but we limit the initial growth rate to 20% and slow it down over the years. Otherwise, long-term sustainability issues come into play.

Discount Rate

The discount rate is the annual rate of return an investor requires to take the risk of investing in a single stock. To account for that risk, this should be above 8-10%, as this is the avg. annual rate of return for the S&P500 over the past 100 years.

$2.21 Current Price

$25.36 Growth Price (DCF)

Undervalued by 1,047.39%


Growth Rate Assumed by Market: -500.00%


Future Free Cash Flow Growth Rate: 8.8%


Discount Rate: 15.0%


Show Free Cash Flow numbers

$0.53 Stability Price (EPV)

Overvalued by 76.04%


Discount Rate: 15.0%

$58.63 Book Price

Undervalued by 2,552.89%


Excellent Cash Return on Invested Capital over the past 5 years

NIV has efficiently invested its financial resources in buildings, projects, and equipment, resulting in strong returns. Annual Reports can be useful in identifying the cause of one-time events and future sustainability.

NIV has created $15.04 of cash for every $100 invested.
Figures in USD. Fiscal year ends in March
20132014201520162017
Free Cash Flow 216.96M 221.16M 130.26M 162.85M 189.22M
divided by
Invested Capital 860.24M 1.17B 1.30B 2.14B 1.40B
Cash ROIC 25.22% 18.85% 10.06% 7.60% 13.47%

Poor Return on Equity over the past 5 years

NIV has shown an inability to deliver strong results for shareholders. This could be due to poor management, NIV operating in a highly competitive industry, or having a weak business in general.

NIV has only generated $3.86 of Earnings for every $100 of Shareholders' Equity.
Figures in USD. Fiscal year ends in March
20132014201520162017
Net Income - - - 56.61M 199.81M
divided by
Stockholders' Equity 860.24M 1.17B 1.30B 1.38B 1.31B
Return on Equity - - - 4.10% 15.20%

Excellent Business Performance over the past 6 years

NIV has been able to maintain profitability in good times and bad. This could mean NIV has an extremely strong business or has the ability to scale down costs when needed. This should be a fairly resilient business, but double check for future sustainability by looking at its Risk Factors in the Annual Report.

NIV has created positive free cash flow for 9 or more of the past 10 years.
Figures in USD. Fiscal year ends in March
201220132014201520162017
Free Cash Flow 84.37M 216.96M 221.16M 130.26M 162.85M 189.22M

Strong Balance Sheet

NIV is financially strong with Current Assets covering Total Liabilities. It's in a fairly liquid position and dependent on the amount and saleability of any inventory; it may have the financial security to survive an economic downturn.
Figures in USD. Fiscal year ends in March
201220132014201520162017
Cash - - - - 180.70M 708.73M
Current Assets - - - - 1.55B 1.06B
Total Assets - - - - 2.98B 2.38B
Current Liabilities - - - - 651.41M 265.06M
Total Liabilities - - - - 1.59B 1.06B
Stockholder' Equity 25.41M 860.24M 1.17B 1.30B 1.38B 1.31B
Current Ratio - - - - 2.38 4.01
TL-to-TA - - - - 0.54 0.45

Low or No Reinvestment of Profits over the past 6 years

NIV has either been retaining a small amount of their earnings or has done so inconsistently. A lack of consistency could be due to NIV operating at a loss or them having such a strong economic moat they feel comfortable spending profits on growth. Be wary of future prospects and if applicable, inspect the moat's sustainability.
Figures in USD. Fiscal year ends in March
201220132014201520162017
Retained Earnings - - - - 502.05M 454.85M
Retained Earnings Growth - - - - - -9.40%

Highly Competitive Industry over the past 6 years

It's likely that NIV is in an industry with low barriers to entry, spurring high competition. If Gross Margins are at least satisfactory, it's likely NIV invests heavily in R&D and Sales, General & Administrative expenses.

Only $2.75 of every $100 of Revenue have been profit, on average over the past 6 years.
Figures in USD. Fiscal year ends in March
201220132014201520162017
Net Income - - - - 56.61M 199.81M
divided by
Revenue 424.96M 856.14M 1.97B 2.21B 2.46B 1.41B
Net Profit Margin - - - - 2.30% 14.18%

Inconsistent Gross Profit Margins over the past 6 years

NIV has good gross profit margins, however inconsistency of these margins is a cause for concern. Look at reasons for this inconsistency to determine the likelihood of future sustainability.

$33.33 of every $100 worth of sales have been Gross Profit, on average over the past 6 years.
Figures in USD. Fiscal year ends in March
201220132014201520162017
Gross Profit - - - - 2.46B 1.41B
divided by
Revenue 424.96M 856.14M 1.97B 2.21B 2.46B 1.41B
Gross Margin - - - - 100.00% 100.00%

High Capital Intensity over the past 6 years

NIV spends large amounts of capital buying new equipment or investing in new facilities to stay competitive. Over the long term, those costs may have to be fuelled by debt. Look at the growth of Shareholders' Equity to see if this strategy is having a positive or negative impact.

84.34% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in USD. Fiscal year ends in March
201220132014201520162017
Capital Expenditure - - - - - 168.52M
divided by
Net Income - - - - 56.61M 199.81M
Capital Expenditure Ratio - - - - - 84.34%

No Dividend History over the past 6 years

NIV has never distributed dividends or has recently suspended their dividend distribution.
Figures in USD. Fiscal year ends in March
201220132014201520162017
Dividend Paid - - - - - -
divided by
Shares Outstanding 58.63M 96.37M 116.33M 118.37M 118.39M 119.91M
Dividend Paid Per Share - - - - - -
Price at Year End 13.00 19.78 30.00 19.50 36.50 38.50
Dividend Yield - - - - - -

No History of Stock Buybacks over the past 6 years

We're neutral on this. It's not necessarily good or bad that NIV hasn't initiated a stock buyback.
Figures in USD. Fiscal year ends in March
201220132014201520162017
Shares Outstanding 58.63M 96.37M 116.33M 118.37M 118.39M 119.91M
Stock Bought Back -100.00% -39.16% -17.16% -1.72% -0.02% -1.27%
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