Immersion Corporation
Immersion Corporation creates haptic technologies for digital products.
The company designs, develops, and licenses these technologies globally.
It provides technology, patent, and combined licenses to clients.
Served markets include mobility, gaming, automotive, and more.
Virtual and augmented reality, wearables, and IoT are also served.
Founded in 1993 and headquartered in Florida.
Overview
Sector
Software Application
Strengths
- With an appreciation Potential of 82.11%, based on our fundamental analysis, it suggests the stock may be undervalued.
- Current Price to Earnings Ratio (6.65) is lower than the sector mean (108.99).
- Price to book ratio (1.23) is lower than the sector mean (14.02).
- The company has low debt. Net Debt to EBITDA Ratio is -3.11 and it is lower than the sector mean.
- EV/EBITDA (9.45) is lower than the sector mean (57.99).
- EV/EBIT (9.48) is lower than the sector mean.
- Price to free cash flow (10.97) is lower than the sector mean.
- Strong EBITDA Margin of 53.05%.
Weaknesses
- The company have lower returns than the sector in which it operates. ROIC (11.25%) is significantly lower than the sector mean (14.68%).
Key Financial Data
| Indicator | Value |
|---|
| PER | 6.6 |
| EV/EBITDA | 9.3 |
| Price/Free Cash Flow' | 10.8 |
| ROIC | 11.2% |
| Net Debt/EBITDA | -3.1 |