1.44%
2.03%
7.98%
-2.49%
-12.22%
-33.71%
-42.20%
AI Spotlight on IVAC
Company Description
Intevac, Inc.provides vacuum deposition equipment for various thin-film applications, and digital night-vision technologies and products to the defense industry in the United States, Asia, and Europe.It designs, develops, and markets thin-film processing systems for hard disk drive media, display cover panel, solar photovoltaic cell, and advanced semiconductor packaging industries.
The company sells its products through direct sales force and distributors.Intevac, Inc.was incorporated in 1990 and is headquartered in Santa Clara, California.
Market Data
| Last Price | 3.52 |
| Change Percentage | 1.44% |
| Open | 3.52 |
| Previous Close | 3.47 |
| Market Cap ( Millions) | 95 |
| Volume | 36660 |
| Year High | 4.42 |
| Year Low | 2.46 |
| M A 50 | 3.19 |
| M A 200 | 3.56 |
Financial Ratios
| FCF Yield | 3.93% |
| Dividend Yield | 0.00% |
| ROE | -7.81% |
| Debt / Equity | 6.29% |
| Net Debt / EBIDTA | 349.19% |
| Price To Book | 0.84 |
| Price Earnings Ratio | -10.65 |
| Price To FCF | 25.45 |
| Price To sales | 1.45 |
| EV / EBITDA | -7.95 |
News
- Nov -12 - Intevac, Inc. (IVAC) Q3 2024 Earnings Call Transcript
- Nov -11 - Intevac Announces Third Quarter 2024 Financial Results
- Nov -11 - Intevac Announces Appointment of Ryan L. Vardeman to Board of Directors
- Oct -14 - Intevac to Announce Third Quarter 2024 Results on November 11th
- Oct -01 - Intevac Announces Appointment of Kevin Barber as Board Chairman
- Aug -15 - Intevac Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
- Aug -06 - Intevac, Inc. (IVAC) Q2 2024 Earnings Call Transcript
- Aug -05 - Intevac Announces Second Quarter 2024 Financial Results
- May -17 - Hidden Stocks: 3 Quiet Kings Ready to Rule the Market
- Apr -26 - Intevac, Inc. (IVAC) Q1 2024 Earnings Call Transcript
- Apr -25 - Intevac Announces First Quarter 2024 Financial Results
- Apr -22 - Intevac Announces Earlier Release Date of Thursday, April 25th for First Quarter 2024 Results
- Apr -10 - Silent Winners: 3 Stocks Quietly Making Early Investors Rich
- Apr -04 - Top 5 Tech Stocks That Could Lead To Your Biggest Gains This Month - Dropbox (NASDAQ:DBX), Digital Turbine (NASDAQ:APPS)
- Feb -05 - Intevac, Inc. (IVAC) Q4 2023 Earnings Call Transcript
- Feb -05 - Intevac Announces Fourth Quarter and Full Year 2023 Financial Results
- Jan -02 - Intevac Announces Successful Qualification of TRIO™ System
- Nov -16 - Intevac Announces Participation in 12th Annual NYC Summit
- Nov -02 - Intevac, Inc. (IVAC) Q3 2023 Earnings Call Transcript
- Nov -01 - Intevac Announces Third Quarter 2023 Financial Results
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Systems, Upgrades and Spare Parts
Expected Growth : 7.3 %
What the company do ?
Intevac's Systems, Upgrades, and Spare Parts provide advanced thin-film deposition and etch solutions for the semiconductor and related industries.
Why we expect these perspectives ?
Intevac's Systems, Upgrades, and Spare Parts segment growth of 7.3% is driven by increasing demand for thin-film deposition equipment in the semiconductor industry, adoption of new technologies, and growing need for upgrades and spare parts in existing installations.
Segment n°2 -> Field Service
Expected Growth : 8.5 %
What the company do ?
Intevac's Field Service provides on-site maintenance, repair, and upgrade services for its vacuum deposition systems, ensuring optimal performance and minimizing downtime.
Why we expect these perspectives ?
Intevac's Field Service segment growth of 8.5% is driven by increasing demand for semiconductor capital equipment, expansion into new markets, and growing adoption of its LeanIPTM technology. Additionally, the company's focus on providing high-margin services, such as maintenance and upgrade solutions, contributes to the segment's growth.
Intevac, Inc. Products
| Product Range | What is it ? |
|---|---|
| Photonics | Intevac's Photonics segment provides high-sensitivity digital cameras and sensors for military and commercial applications. |
| Thin-Film Equipment | Intevac's Thin-Film Equipment segment provides vacuum deposition systems and other thin-film processing systems for the hard disk drive, display, and solar photovoltaic markets. |
| Intevac Photonics' Night Vision Cameras | Intevac's Night Vision Cameras are designed for military and commercial applications, providing high-sensitivity and low-light imaging capabilities. |
| Intevac's VERTEX Deposition System | Intevac's VERTEX Deposition System is a vacuum deposition system used in the manufacturing of hard disk drives and other thin-film applications. |
| Intevac's ENERG i ™ Solar Deposition System | Intevac's ENERG i ™ Solar Deposition System is a vacuum deposition system used in the manufacturing of solar photovoltaic cells. |
Intevac, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Intevac, Inc. is medium due to the availability of alternative technologies and products in the market.
Bargaining Power Of Customers
The bargaining power of customers is high due to the concentration of customers in the semiconductor and display industries.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low due to the availability of multiple suppliers for raw materials and components.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the semiconductor and display industries.
Intensity Of Rivalry
The intensity of rivalry is high due to the competitive nature of the semiconductor and display industries.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 6.46% |
| Debt Cost | 3.95% |
| Equity Weight | 93.54% |
| Equity Cost | 7.57% |
| WACC | 7.33% |
| Leverage | 6.91% |
Intevac, Inc. : Quality Control
Intevac, Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| DCO | Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace and defense, industrial, medical, and other industries in the United States. It operates through two segments, Electronic … |
| CVU | CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. The company also offers aero systems, … |
| ASTC | Astrotech Corporation operates as a science and technology development and commercialization company worldwide. It operates through three segments, Astrotech Technologies, Inc. (ATI), 1st Detect Corporation (1st Detect), and AgLAB Inc … |
| AIRI | Air Industries Group, an aerospace and defense company, designs, manufactures, and sells structural parts and assemblies for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department … |
| SIF | SIFCO Industries, Inc. produces and sells forgings and machined components primarily for the aerospace and energy markets in North America and Europe. The company's processes and services include forging, heat-treating, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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CPI Aerostructures
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Astrotech
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Ducommun
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4
SIFCO
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5
Intevac
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1-Year Total Return ->
6
