NEONODE INC (NEON)
US64051M7092 - Common Stock
We assign a fundamental rating of 2 out of 10 to NEON. NEON was compared to 127 industry peers in the Electronic Equipment, Instruments & Components industry. While NEON seems to be doing ok healthwise, there are quite some concerns on its profitability. NEON is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year NEON has reported negative net income.
In the past year NEON has reported a negative cash flow from operations.
In the past 5 years NEON always reported negative net income.
In the past 5 years NEON always reported negative operating cash flow.
1.2 Ratios
With a Return On Assets value of -53.30%, NEON is not doing good in the industry: 84.13% of the companies in the same industry are doing better.
NEON has a worse Return On Equity (-59.05%) than 78.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -53.3% | ||
| ROE | -59.05% | ||
| ROIC | N/A |
ROA(3y)-34.77%
ROA(5y)-41.92%
ROE(3y)-37.04%
ROE(5y)-46.28%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin and Operating Margin and Gross Margin are not available for NEON so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
NEON does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for NEON has been increased compared to 1 year ago.
Compared to 5 years ago, NEON has more shares outstanding
NEON has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -6.24, we must say that NEON is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of NEON (-6.24) is worse than 89.68% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that NEON is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.00, NEON is doing good in the industry, outperforming 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -6.24 |
ROIC/WACCN/A
WACC7.04%
2.3 Liquidity
A Current Ratio of 10.16 indicates that NEON has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 10.16, NEON belongs to the top of the industry, outperforming 91.27% of the companies in the same industry.
A Quick Ratio of 9.83 indicates that NEON has no problem at all paying its short term obligations.
NEON has a better Quick ratio (9.83) than 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 10.16 | ||
| Quick Ratio | 9.83 |
3. Growth
3.1 Past
NEON shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -87.37%.
Looking at the last year, NEON shows a very negative growth in Revenue. The Revenue has decreased by -21.78% in the last year.
The Revenue for NEON have been decreasing by -12.23% on average. This is quite bad
EPS 1Y (TTM)-87.37%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-382.24%
Revenue 1Y (TTM)-21.78%
Revenue growth 3Y-9.39%
Revenue growth 5Y-12.23%
Revenue growth Q2Q-46.9%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
The Revenue is expected to grow by 17.23% on average over the next years. This is quite good.
EPS Next Y146.36%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year22.22%
Revenue Next 2Y10.55%
Revenue Next 3Y17.23%
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for NEON. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 6.80, which indicates a rather cheap valuation of NEON.
NEON's Price/Forward Earnings ratio is rather cheap when compared to the industry. NEON is cheaper than 97.62% of the companies in the same industry.
NEON is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.41, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 6.8 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
NEON does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NEONODE INC
NASDAQ:NEON (5/3/2024, 7:08:27 PM)
2.08
-0.07 (-3.26%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap31.95M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 6.8 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -53.3% | ||
| ROE | -59.05% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 10.16 | ||
| Quick Ratio | 9.83 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-87.37%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y146.36%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-21.78%
Revenue growth 3Y-9.39%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y