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IMMR$6.72+3.70%
Fair $6.72+0.0%

IMMR

Immersion Corporation

Technology / Software - ApplicationNasdaqGS

$6.72

+0.24 (+3.70%)

Fairly Valued+0.0%Fair Value $6.72Fund rank 30/100 · Data gapFallback financials|
SA 50/C
F-Score: 1/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 32% · confianza 25%

FCF escenarios

weak_data · normalized FCF $-24.1M · quality 54.0/100

Data gap 30/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 45/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

50/100

C

Piotroski

1/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 17Warnings: 0unknown: 17
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · IMMRLocal privado en este navegador · Immersion Corporation
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$222M

P/E

3.5x

↓

EV/EBITDA

2.5x

↓

ROE

21.6%

↑

Gross Margin

95.2%

↑

Debt/Equity

0.92

↑
52-Week Range$7
$5$8

TradingView lightweight chart

IMMR price, volumen y niveles de valoración

Último $6.720Periodo -82.1%
Fair value: $6.720

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2009–2025 · 16 años de histórico normalizado

Revenue CAGR

+28.6%

FCF CAGR

—

FCF margin

-4.4%

FCF / Net income

-1.07x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.56B · net income $64.3M · FCF $-68.8M

2009-FY → 2025-FY

Gross margin

95.2%— pts

Operating margin

7.6%+117.4% pts

Net margin

4.1%+106.1% pts

FCF margin

-4.4%+67.3% pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Income Statement
Revenue$1.56B$1.56B—$33.9M$38.5M$35.1M$30.5M$36.0M$111.0M$35.0M$57.1M$63.4M$52.9M$47.5M$32.2M$30.6M$31.1M$27.7M
Net Income$64.3M$64.3M—$34.0M$30.7M$12.5M$5.4M$-20.0M$54.3M$-45.3M$-39.4M$2.9M$4.1M$40.2M$-7.2M$-3.4M$-5.9M$-28.3M
EBITDA$168.9M$168.9M—$18.0M$24.6M$17.9M$4.2M$-19.3M$54.0M$-44.5M————————
EPS1.901.90—1.040.920.390.19-0.641.73-1.55-1.370.100.141.37-0.26-0.12——
Gross Margin95.2%95.2%——100.0%99.7%—99.5%99.8%—————————
Operating Margin7.6%7.6%—52.9%63.5%50.7%7.3%-59.7%47.8%-129.7%-26.7%7.4%11.3%7.6%-20.9%-6.1%-15.5%-109.9%
Net Margin4.1%4.1%—100.2%79.7%35.6%17.7%-55.8%49.0%-129.4%-69.0%4.5%7.8%84.6%-22.4%-11.2%-19.0%-102.0%
Balance Sheet
Debt/Equity0.920.92—0.000.000.01————————————
Current Ratio1.831.83————————————————
Cash Flow
Free Cash Flow$-68.8M$-68.8M—$20.6M$40.1M$17.1M$-25000.00$-34.2M$69.8M$-44.0M$21.7M$5.6M$-488000.00$20.9M$-8.4M$-1.1M$-2.1M$-19.9M
Returns
ROE21.6%21.6%—18.6%19.4%8.8%8.4%-23.9%54.5%-469.0%-71.2%3.3%5.4%49.8%-24.6%-9.1%-14.2%-50.7%
Valuation
P/E3.543.54—6.628.2613.67————————————
EV/EBITDA2.502.50—9.348.406.65————————————
P/B0.740.74—1.221.611.20————————————
Growth & Yield
Revenue Growth4487.0%4487.0%—-11.8%9.6%—-15.3%-67.6%217.0%-38.7%-9.9%19.8%11.5%47.6%5.0%-1.6%12.3%—
EPS Growth82.7%82.7%—13.0%135.9%—129.7%-137.0%211.6%-13.1%-1470.0%-28.6%-89.8%626.9%-116.7%———
Dividend Yield4.5%4.5%————————————————

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

-32.0%

fácil

EPS terminal req.

$0.60

Spread vs growth

114.7%

5Y implied EPS CAGR

-17.6%

fácil

EPS terminal req.

$0.72

Spread vs growth

100.3%

10Y implied EPS CAGR

-4.8%

fácil

EPS terminal req.

$1.16

Spread vs growth

87.5%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -6.2%

Total return

-6.2%

Start / end P/E

n/dx → n/dx

EPS bridge

n/d → 1.90

Residual

-10.6%

EPS growthn/d
Multiple reratingn/d
Dividend+4.5%
Residual / FX / buybacks / cross-term-10.6%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.