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Ideal Power

DB:5ILA
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
5ILA
DB
$4M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Ideal Power Inc. focuses on the commercialization of its B-TRAN technology. The last earnings update was 21 days ago. More info.


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  • Ideal Power has significant price volatility in the past 3 months.
5ILA Share Price and Events
7 Day Returns
-9.4%
DB:5ILA
9.2%
DE Electrical
9.9%
DE Market
1 Year Returns
-51.8%
DB:5ILA
-8.2%
DE Electrical
-17.5%
DE Market
5ILA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ideal Power (5ILA) -9.4% -17.6% -14.4% -51.8% - -
DE Electrical 9.2% -20.6% -35.2% -8.2% -43.7% -44.1%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • 5ILA underperformed the Electrical industry which returned -8.2% over the past year.
  • 5ILA underperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
5ILA
Industry
5yr Volatility vs Market

Value

 Is Ideal Power undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ideal Power. This is due to cash flow or dividend data being unavailable. The share price is €1.73.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ideal Power's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ideal Power's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:5ILA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-1.89
NasdaqCM:IPWR Share Price ** NasdaqCM (2020-03-31) in USD $1.9
Germany Electrical Industry PE Ratio Median Figure of 6 Publicly-Listed Electrical Companies 22.57x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ideal Power.

DB:5ILA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:IPWR Share Price ÷ EPS (both in USD)

= 1.9 ÷ -1.89

-1.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ideal Power is loss making, we can't compare its value to the DE Electrical industry average.
  • Ideal Power is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Ideal Power's expected growth come at a high price?
Raw Data
DB:5ILA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Electrical Industry PEG Ratio Median Figure of 5 Publicly-Listed Electrical Companies 1x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ideal Power, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ideal Power's assets?
Raw Data
DB:5ILA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $1.85
NasdaqCM:IPWR Share Price * NasdaqCM (2020-03-31) in USD $1.9
Germany Electrical Industry PB Ratio Median Figure of 14 Publicly-Listed Electrical Companies 1.69x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:5ILA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:IPWR Share Price ÷ Book Value per Share (both in USD)

= 1.9 ÷ 1.85

1.03x

* Primary Listing of Ideal Power.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ideal Power is good value based on assets compared to the DE Electrical industry average.
X
Value checks
We assess Ideal Power's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. Ideal Power has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Ideal Power expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ideal Power has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
69.2%
Expected Electrical industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ideal Power expected to grow at an attractive rate?
  • Unable to compare Ideal Power's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ideal Power's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Ideal Power's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:5ILA Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Electrical Industry Earnings Growth Rate Market Cap Weighted Average 69.2%
Germany Electrical Industry Revenue Growth Rate Market Cap Weighted Average 12.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:5ILA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:5ILA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:5ILA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 -3 -3
2019-09-30 -5 -3
2019-06-30 -5 -4
2019-03-31 -6 -4
2018-12-31 -7 -4
2018-09-30 -1 -6 1
2018-06-30 -1 -6 0
2018-03-31 0 -7 -2
2017-12-31 -8 -4
2017-09-30 1 -8 -11
2017-06-30 1 -9 -12
2017-03-31 1 -10 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ideal Power is high growth as no earnings estimate data is available.
  • Unable to determine if Ideal Power is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:5ILA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ideal Power Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:5ILA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:5ILA Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -1.89
2019-09-30 -2.28
2019-06-30 -2.67
2019-03-31 -2.83
2018-12-31 -3.05
2018-09-30 0.70
2018-06-30 0.00
2018-03-31 -1.51
2017-12-31 -3.18
2017-09-30 -9.32
2017-06-30 -10.90
2017-03-31 -11.38

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ideal Power will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Ideal Power's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Ideal Power's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Ideal Power's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ideal Power's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ideal Power has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Ideal Power performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ideal Power's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ideal Power does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Ideal Power's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ideal Power's 1-year growth to the DE Electrical industry average as it is not currently profitable.
Earnings and Revenue History
Ideal Power's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ideal Power Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:5ILA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 -3.12 2.07 1.05
2019-09-30 -3.30 2.63 0.93
2019-06-30 -3.81 2.90 1.01
2019-03-31 -3.99 3.30 1.00
2018-12-31 -4.27 3.71 0.87
2018-09-30 -0.97 0.98 2.16 -1.92
2018-06-30 -0.53 0.00 2.53 -1.17
2018-03-31 -0.28 -2.12 2.95 -0.38
2017-12-31 -4.21 3.51 0.72
2017-09-30 1.34 -11.29 5.35 4.69
2017-06-30 1.34 -11.99 5.63 4.84
2017-03-31 1.41 -11.25 5.48 4.94
2016-12-31 1.63 -10.98 5.36 5.22
2016-09-30 2.23 -11.23 5.31 5.63
2016-06-30 2.68 -11.23 5.34 6.11
2016-03-31 3.56 -11.05 5.43 6.01
2015-12-31 4.26 -10.44 5.34 5.52
2015-09-30 3.80 -9.40 5.12 4.51
2015-06-30 3.34 -8.34 4.77 3.48
2015-03-31 2.70 -7.67 4.42 3.02
2014-12-31 1.79 -6.90 4.19 2.34
2014-09-30 1.54 -8.48 4.10 2.03
2014-06-30 1.71 -8.79 3.60 1.60
2014-03-31 1.80 -9.15 3.15 1.29
2013-12-31 1.89 -9.55 2.60 1.21
2013-09-30 2.15 -8.35 2.65 1.04
2013-06-30 1.91 -7.25 2.42 1.06

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ideal Power has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ideal Power has efficiently used its assets last year compared to the DE Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ideal Power improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ideal Power's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ideal Power has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Ideal Power's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ideal Power's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ideal Power is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ideal Power's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ideal Power's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Ideal Power has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ideal Power Company Filings, last reported 3 months ago.

DB:5ILA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 3.89 0.00 3.06
2019-09-30 1.59 0.00 0.77
2019-06-30 2.38 0.00 1.44
2019-03-31 3.53 0.00 2.23
2018-12-31 4.60 0.00 3.26
2018-09-30 6.39 0.00 5.54
2018-06-30 8.43 0.00 6.98
2018-03-31 9.72 0.00 8.15
2017-12-31 11.58 0.00 10.02
2017-09-30 13.24 0.00 11.68
2017-06-30 15.13 0.00 13.34
2017-03-31 18.22 0.00 15.35
2016-12-31 7.24 0.00 4.20
2016-09-30 9.65 0.00 6.81
2016-06-30 12.20 0.00 9.55
2016-03-31 14.29 0.00 12.28
2015-12-31 16.67 0.00 15.02
2015-09-30 18.91 0.00 17.33
2015-06-30 21.37 0.00 19.97
2015-03-31 7.33 0.00 6.17
2014-12-31 9.06 0.00 7.91
2014-09-30 10.69 0.00 9.73
2014-06-30 12.24 0.00 11.15
2014-03-31 13.64 0.00 12.44
2013-12-31 14.83 0.00 14.14
2013-09-30 -5.00 5.88 0.28
2013-06-30 -3.80 4.56 0.37
  • Ideal Power has no debt.
  • Ideal Power currently has no debt however we can't compare to 5 years ago as we have no data for that period.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Ideal Power has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if Ideal Power has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Ideal Power's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ideal Power has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Ideal Power's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ideal Power dividends.
If you bought €2,000 of Ideal Power shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ideal Power's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ideal Power's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:5ILA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Electrical Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:5ILA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ideal Power has not reported any payouts.
  • Unable to verify if Ideal Power's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ideal Power's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ideal Power has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ideal Power's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ideal Power afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ideal Power has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Ideal Power's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Lon Bell
COMPENSATION $332,671
AGE 77
TENURE AS CEO 1.9 years
CEO Bio

Dr. Lon E. Bell, Ph.D., has been Chief Executive Officer and President of Ideal Power Inc. since April 2018. Dr. Bell serves as Scientific Adviser at Alphabet Energy, Inc., and also served as its Technical Adviser. Dr. Bell founded Gentherm Incorporated in 1991 and served as its Consultant since December 31, 2010 until December 2012 and served as its Chief Technology Officer until December 2010, Director of Technology until 2000, Chairman and Chief Executive Officer until 1999, and President until 1997 and as Director from 1991 to 2012. He served as the Chief Executive Officer and President of BSST LLC, a subsidiary of Amerigon from September 2000 to December 31, 2010. He served as the Chief Technology Officer of Amerigon until December 31, 2010 and also served as its Director of Technology until 2000. Dr. Bell served as the Chief Technology Officer of BSST LLC until December 31, 2010. He served as the Chief Executive Officer at Gentherm Incorporated until 1999 and its President until 1997. Dr. Bell co-founded Technar Incorporated and served as its President until 1991. He is a Co-Founder and was a Director of Mahindra Electric Mobility Limited (formerly known as Mahindra Reva Electric Vehicles Pvt. Ltd.). He has been the Chairman of Clean Diesel Technologies Inc. since May 28, 2016. Dr. Bell has been the Chairman of the Board of Ideal Power Inc. since June 5, 2017 and served as its interim Chairman of the Board since March 9, 2017 June 5, 2017. He is Successful serial entrepreneur and leading expert in the field of thermoelectric products founded and ran several highly successful technology companies chair of PAF's Intellectual Property Strategy efforts. He served as the Chairman of Amerigon until 1999. He served as the Chairman of Technar until 1986. Dr. Bell continued managing Technar, then known as TRW Technar, as its President until 1991. He co-founded Mahindra REVA Electric Vehicle Co Ltd. in 1994 and served as its Vice Chairman and served as its Director from 1994 to 2016. He served as Vice Chairman of Amerigon in 1994 and Gentherm Incorporated since 1999. He serves as a Member of Advisory Board of Pacific Air Filtration, Inc. He has been a Director of Clean Diesel Technologies Inc. since June 17, 2013; Ideal Power Inc., since November 2012; Amerigon since February 16, 2007 and ClearSign Combustion Corporation since November 1, 2011. He serves as Member of Scientific Advisory Board at Laird Durham, Inc. since June 22, 2006. He served as a Director of Amerigon Inc. from 1991 to May 2012 and Aura Systems, Inc. since November 2011. He has authored more than 20 publications in the areas of thermodynamics of thermoelectric systems, automotive crash sensors and other electronic and electromechanical devices. Five of his inventions have gone into mass production and dominated their target markets. Since April 2014 he has been Chairman of the External Advisory Board to the Mechanical and Civil Engineering Department at the California Institute of Technology. Dr. Bell joined the CDTi Board of Directors in June 2013 and serves as its Chairman since May 2016. Dr. Bell was a founder of the non-profit CALSTART in 1991 and was its first president. Dr. Bell received a BSc in Mathematics in 1962, an MSc. degree in Rocket Propulsion in 1963 and a Ph.D. in Mechanical Engineering in 1968 from the California Institute of Technology.

CEO Compensation
  • Lon's compensation has increased whilst company is loss making.
  • Lon's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Ideal Power management team in years:

1.9
Average Tenure
59
Average Age
  • The average tenure for the Ideal Power management team is less than 2 years, this suggests a new team.
Management Team

Lon Bell

TITLE
Chairman of the Board
COMPENSATION
$333K
AGE
77
TENURE
1.9 yrs

Tim Burns

TITLE
CFO, Secretary & Treasurer
COMPENSATION
$402K
AGE
44
TENURE
6.4 yrs

Dan Brdar

TITLE
BTRAN Chief Commercial Officer & Director
COMPENSATION
$343K
AGE
59
TENURE
1.9 yrs
Board of Directors Tenure

Average tenure and age of the Ideal Power board of directors in years:

3
Average Tenure
73
Average Age
  • The tenure for the Ideal Power board of directors is about average.
Board of Directors

Lon Bell

TITLE
Chairman of the Board
COMPENSATION
$333K
AGE
77
TENURE
3 yrs

Dan Brdar

TITLE
BTRAN Chief Commercial Officer & Director
COMPENSATION
$343K
AGE
59
TENURE
6.2 yrs

David Eisenhaure

TITLE
Independent Director
COMPENSATION
$70K
AGE
73
TENURE
6.6 yrs

Mike Turmelle

TITLE
Independent Director
COMPENSATION
$70K
AGE
60
TENURE
2.3 yrs

Ted Lesster

TITLE
Independent Director
COMPENSATION
$53K
AGE
81
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Ideal Power individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
27. Mar 20 Buy Lon Bell Individual 23. Mar 20 26. Mar 20 3,053 €1.71 €4,677
20. Mar 20 Buy Lon Bell Individual 20. Mar 20 20. Mar 20 1 €1.46 €1
20. Mar 20 Buy Lon Bell Individual 18. Mar 20 19. Mar 20 3,581 €1.46 €5,217
14. Nov 19 Buy Lon Bell Individual 13. Nov 19 13. Nov 19 201,914 €2.25 €454,400
15. Oct 19 Sell AWM Investment Company Inc. Company 09. Oct 19 09. Oct 19 -259 €2.30 €-596
15. Oct 19 Sell AWM Investment Company Inc. Company 10. Oct 19 14. Oct 19 -133,817 €2.39 €-296,853
26. Sep 19 Sell AWM Investment Company Inc. Company 24. Sep 19 24. Sep 19 -3,145 €4.57 €-14,363
X
Management checks
We assess Ideal Power's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ideal Power has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Ideal Power Inc. focuses on the commercialization of its B-TRAN technology. It develops Bi-directional bi-polar junction TRANsistor solid state switch technology. The company was formerly known as Ideal Power Converters Inc. and changed its name to Ideal Power Inc. in July 2013. Ideal Power Inc. was founded in 2007 and is headquartered in Austin, Texas.

Details
Name: Ideal Power Inc.
5ILA
Exchange: DB
Founded: 2007
$3,707,253
2,099,951
Website: http://www.idealpower.com
Address: Ideal Power Inc.
4120 Freidrich Lane,
Suite 100,
Austin,
Texas, 78744,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM IPWR Common Stock Nasdaq Capital Market US USD 22. Nov 2013
DB 5ILA Common Stock Deutsche Boerse AG DE EUR 22. Nov 2013
Number of employees
Current staff
Staff numbers
7
Ideal Power employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 00:44
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2019/04/01
Last earnings filing: 2020/03/11
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.