NIV  Nivs Intellimedia Technology G...

Exchange

AMEX

Sector

Consumer Non-Durables

Industry

Consumer Electronics/Appliances

Market Cap.

106.0M

Vuru Grade

55.87/100

Current Price

$2.21
0.00 (0.00%)

Growth Price

$20.52
Undervalued by 828.53%

Stability Price

$7.04
Undervalued by 218.78%

Company Metrics

  • P/E 3.32
  • P/S 0.35
  • P/B 0.86
  • EPS 0.665
  • Cash ROIC 78.76%
  • Cash Ratio 0.28
  • Dividend 0 / 0%
  • Avg. Vol. 424,100.00
  • Shares 118.39M
  • 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

$20.52 Growth Price (DCF)

Undervalued by 828.53%


Growth Rate Assumed by Market: -500.00%


Future Free Cash Flow Growth Rate: 0.0%


Discount Rate: 15.0%


Show Free Cash Flow numbers

$7.04 Stability Price (EPV)

Undervalued by 218.78%


Discount Rate: 15.0%

$62.35 Book Price

Undervalued by 2,721.27%


Varying 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. However, there is a substantial variation in their Cash ROIC from year-to-year. This company may have unreliable free cash flow or operates in a business where invested capital costs increase substantially on a sporadic basis. Look at reasons for this inconsistency to determine the likelihood of future sustainability.

NIV has created $78.76 of cash for every $100 invested.
Figures in USD. Fiscal year ends in March
20122013201420152016
Free Cash Flow 84.37M 216.96M 221.16M 130.26M 162.85M
divided by
Invested Capital 25.41M 860.24M 1.17B 1.30B 2.14B
Cash ROIC 332.05% 25.22% 18.85% 10.06% 7.60%

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 $0.82 of Earnings for every $100 of Shareholders' Equity.
Figures in USD. Fiscal year ends in March
20122013201420152016
Net Income - - - - 56.61M
divided by
Stockholders' Equity 25.41M 860.24M 1.17B 1.30B 1.38B
Return on Equity - - - - 4.10%

Excellent Business Performance over the past 5 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
20122013201420152016
Free Cash Flow 84.37M 216.96M 221.16M 130.26M 162.85M

Weak Balance Sheet

NIV's financial position is not ideal. The key is to check whether NIV is using debt to fuel its growth and the sustainability of that tendency. Highly capital intensive businesses (see Economic Moat) follow this route, which can deeply impact the future prospects of the business.
Figures in USD. Fiscal year ends in March
20122013201420152016
Cash - - - - 180.70M
Current Assets - - - - 1.55B
Total Assets - - - - 2.98B
Current Liabilities - - - - 651.41M
Total Liabilities - - - - 1.59B
Stockholder' Equity 25.41M 860.24M 1.17B 1.30B 1.38B
Current Ratio - - - - 2.38
TL-to-TA - - - - 0.54

Low or No Reinvestment of Profits over the past 5 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
20122013201420152016
Retained Earnings - - - - 502.05M
Retained Earnings Growth - - - - -

Highly Competitive Industry over the past 5 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 $0.46 of every $100 of Revenue have been profit, on average over the past 5 years.
Figures in USD. Fiscal year ends in March
20122013201420152016
Net Income - - - - 56.61M
divided by
Revenue 424.96M 856.14M 1.97B 2.21B 2.46B
Net Profit Margin - - - - 2.30%

Inconsistent Gross Profit Margins over the past 5 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.

$20.00 of every $100 worth of sales have been Gross Profit, on average over the past 5 years.
Figures in USD. Fiscal year ends in March
20122013201420152016
Gross Profit - - - - 2.46B
divided by
Revenue 424.96M 856.14M 1.97B 2.21B 2.46B
Gross Margin - - - - 100.00%

Low Capital Intensity over the past 5 years

NIV has consistently used a small portion of their Net Income buying new equipment or investing in new facilities. This indicates that NIV may require minimal investment to stay competitive. This leaves them with extra money to spend on growing their business and potentially buying back stock.

-% 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
20122013201420152016
Capital Expenditure - - - - -
divided by
Net Income - - - - 56.61M
Capital Expenditure Ratio - - - - -

No Dividend History over the past 5 years

NIV has never distributed dividends or has recently suspended their dividend distribution.
Figures in USD. Fiscal year ends in March
20122013201420152016
Dividend Paid - - - - -
divided by
Shares Outstanding 58.63M 96.37M 116.33M 118.37M 118.39M
Dividend Paid Per Share - - - - -
Price at Year End 13.00 19.78 30.00 19.50 36.50
Dividend Yield - - - - -

No History of Stock Buybacks over the past 5 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
20122013201420152016
Shares Outstanding 58.63M 96.37M 116.33M 118.37M 118.39M
Stock Bought Back -100.00% -39.16% -17.16% -1.72% -0.02%
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