20.24 USD
+0.43 (+2.17%)
20.24 USD
0 (0%)
Taking everything into account, CEVA scores 4 out of 10 in our fundamental rating. CEVA was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. CEVA has a great financial health rating, but its profitability evaluates not so good. While showing a medium growth rate, CEVA is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year CEVA was profitable.
In the past year CEVA has reported a negative cash flow from operations.
CEVA had negative earnings in 4 of the past 5 years.
Of the past 5 years CEVA 4 years had a positive operating cash flow.
1.2 Ratios
CEVA has a worse Return On Assets (-3.68%) than 63.39% of its industry peers.
CEVA's Return On Equity of -4.20% is on the low side compared to the rest of the industry. CEVA is outperformed by 60.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.68% | ||
| ROE | -4.2% | ||
| ROIC | N/A |
ROA(3y)-4.76%
ROA(5y)-2.99%
ROE(3y)-5.58%
ROE(5y)-3.51%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CEVA's Gross Margin of 87.17% is amongst the best of the industry. CEVA outperforms 99.11% of its industry peers.
CEVA's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for CEVA so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 87.17% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.67%
GM growth 5Y-0.05%
2. Health
2.1 Basic Checks
CEVA does not have a ROIC to compare to the WACC, probably because it is not profitable.
CEVA has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CEVA has more shares outstanding
There is no outstanding debt for CEVA. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 9.78 indicates that CEVA is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 9.78, CEVA is doing good in the industry, outperforming 74.11% of the companies in the same industry.
CEVA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 9.78 |
ROIC/WACCN/A
WACC10.65%
2.3 Liquidity
A Current Ratio of 8.68 indicates that CEVA has no problem at all paying its short term obligations.
CEVA has a better Current ratio (8.68) than 91.96% of its industry peers.
A Quick Ratio of 8.68 indicates that CEVA has no problem at all paying its short term obligations.
CEVA's Quick ratio of 8.68 is amongst the best of the industry. CEVA outperforms 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.68 | ||
| Quick Ratio | 8.68 |
3. Growth
3.1 Past
The earnings per share for CEVA have decreased by -2.78% in the last year.
Measured over the past years, CEVA shows a decrease in Earnings Per Share. The EPS has been decreasing by -8.60% on average per year.
Looking at the last year, CEVA shows a small growth in Revenue. The Revenue has grown by 5.55% in the last year.
CEVA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.17% yearly.
EPS 1Y (TTM)-2.78%
EPS 3Y-17.12%
EPS 5Y-8.6%
EPS Q2Q%-21.43%
Revenue 1Y (TTM)5.55%
Revenue growth 3Y-4.48%
Revenue growth 5Y4.17%
Sales Q2Q%4.33%
3.2 Future
The Earnings Per Share is expected to grow by 38.80% on average over the next years. This is a very strong growth
CEVA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.67% yearly.
EPS Next Y22.18%
EPS Next 2Y43.16%
EPS Next 3Y38.8%
EPS Next 5YN/A
Revenue Next Year3.98%
Revenue Next 2Y9.59%
Revenue Next 3Y9.67%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 57.83, CEVA can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as CEVA.
CEVA's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.98.
CEVA is valuated quite expensively with a Price/Forward Earnings ratio of 26.69.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CEVA indicates a somewhat cheap valuation: CEVA is cheaper than 63.39% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.79. CEVA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.83 | ||
| Fwd PE | 26.69 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CEVA does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as CEVA's earnings are expected to grow with 38.80% in the coming years.
PEG (NY)2.61
PEG (5Y)N/A
EPS Next 2Y43.16%
EPS Next 3Y38.8%
5. Dividend
5.1 Amount
No dividends for CEVA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
20.24
+0.43 (+2.17%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners95.1%
Inst Owner Change2.72%
Ins Owners3.42%
Ins Owner Change1.61%
Market Cap546.88M
Revenue(TTM)107.53M
Net Income(TTM)-11.28M
Analysts81.67
Price Target34.17 (68.82%)
Short Float %8.65%
Short Ratio6.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.84%
Min EPS beat(2)3.7%
Max EPS beat(2)31.98%
EPS beat(4)2
Avg EPS beat(4)4.89%
Min EPS beat(4)-15.97%
Max EPS beat(4)31.98%
EPS beat(8)5
Avg EPS beat(8)57.03%
EPS beat(12)6
Avg EPS beat(12)17.85%
EPS beat(16)9
Avg EPS beat(16)14.75%
Revenue beat(2)0
Avg Revenue beat(2)-1.08%
Min Revenue beat(2)-1.28%
Max Revenue beat(2)-0.89%
Revenue beat(4)1
Avg Revenue beat(4)-2.01%
Min Revenue beat(4)-9.83%
Max Revenue beat(4)3.96%
Revenue beat(8)2
Avg Revenue beat(8)-0.48%
Revenue beat(12)3
Avg Revenue beat(12)-3.69%
Revenue beat(16)5
Avg Revenue beat(16)-5.2%
PT rev (1m)5.24%
PT rev (3m)5.24%
EPS NQ rev (1m)-9.65%
EPS NQ rev (3m)-4.21%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.95%
Revenue NQ rev (1m)-0.34%
Revenue NQ rev (3m)-0.34%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.83 | ||
| Fwd PE | 26.69 | ||
| P/S | 5.09 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.04 | ||
| P/tB | 2.61 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.35
EY1.73%
EPS(NY)0.76
Fwd EY3.75%
FCF(TTM)-0.24
FCFYN/A
OCF(TTM)-0.15
OCFYN/A
SpS3.98
BVpS9.95
TBVpS7.74
PEG (NY)2.61
PEG (5Y)N/A
Graham Number8.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.68% | ||
| ROE | -4.2% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 87.17% | ||
| FCFM | N/A |
ROA(3y)-4.76%
ROA(5y)-2.99%
ROE(3y)-5.58%
ROE(5y)-3.51%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.67%
GM growth 5Y-0.05%
F-Score5
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 57.59% | ||
| Cap/Sales | 2.28% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 8.68 | ||
| Quick Ratio | 8.68 | ||
| Altman-Z | 9.78 |
F-Score5
WACC10.65%
ROIC/WACCN/A
Cap/Depr(3y)65%
Cap/Depr(5y)55.38%
Cap/Sales(3y)3.01%
Cap/Sales(5y)2.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.78%
EPS 3Y-17.12%
EPS 5Y-8.6%
EPS Q2Q%-21.43%
EPS Next Y22.18%
EPS Next 2Y43.16%
EPS Next 3Y38.8%
EPS Next 5YN/A
Revenue 1Y (TTM)5.55%
Revenue growth 3Y-4.48%
Revenue growth 5Y4.17%
Sales Q2Q%4.33%
Revenue Next Year3.98%
Revenue Next 2Y9.59%
Revenue Next 3Y9.67%
Revenue Next 5YN/A
EBIT growth 1Y-4.58%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year252.3%
EBIT Next 3Y100.68%
EBIT Next 5YN/A
FCF growth 1Y37.85%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y47.9%
OCF growth 3Y-48.76%
OCF growth 5Y-18.53%
CEVA INC / CEVA FAQ
What is the ChartMill fundamental rating of CEVA INC (CEVA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to CEVA.
Can you provide the valuation status for CEVA INC?
ChartMill assigns a valuation rating of 2 / 10 to CEVA INC (CEVA). This can be considered as Overvalued.
Can you provide the profitability details for CEVA INC?
CEVA INC (CEVA) has a profitability rating of 2 / 10.
What are the PE and PB ratios of CEVA INC (CEVA) stock?
The Price/Earnings (PE) ratio for CEVA INC (CEVA) is 57.83 and the Price/Book (PB) ratio is 2.04.
What is the expected EPS growth for CEVA INC (CEVA) stock?
The Earnings per Share (EPS) of CEVA INC (CEVA) is expected to grow by 22.18% in the next year.