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Inseego

Nasdaq:INSG
Snowflake Description

Slightly overvalued with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
INSG
Nasdaq
$376M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Inseego Corp. engages in the design and development of mobile, Internet of Things (IoT), and cloud solutions for large enterprise verticals, service providers, and small and medium-sized businesses worldwide. The last earnings update was 5 days ago. More info.


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INSG Share Price and Events
7 Day Returns
-15.1%
NasdaqGS:INSG
4.7%
US Communications
0.9%
US Market
1 Year Returns
23.2%
NasdaqGS:INSG
1.1%
US Communications
10.5%
US Market
INSG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Inseego (INSG) -15.1% -5% 13.2% 23.2% 81.9% -
US Communications 4.7% 5.9% -3.8% 1.1% 42.8% 65.8%
US Market 0.9% 5.2% 5.4% 10.5% 40.1% 45%
1 Year Return vs Industry and Market
  • INSG outperformed the Communications industry which returned 1.1% over the past year.
  • INSG outperformed the Market in United States of America which returned 10.5% over the past year.
Price Volatility
INSG
Industry
5yr Volatility vs Market
Related Companies

INSG Value

 Is Inseego 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
Here we compare the current share price of Inseego to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Inseego.

NasdaqGS:INSG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:INSG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Communications Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.131 (1 + (1- 21%) (38.71%))
1.32
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.32
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.32 * 5.96%)
10.6%

Discounted Cash Flow Calculation for NasdaqGS:INSG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Inseego is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGS:INSG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.6%)
2020 17.61 Analyst x2 15.92
2021 36.67 Analyst x1 29.98
2022 53.57 Est @ 46.08% 39.60
2023 71.28 Est @ 33.07% 47.65
2024 88.37 Est @ 23.97% 53.41
2025 103.92 Est @ 17.6% 56.79
2026 117.57 Est @ 13.14% 58.10
2027 129.35 Est @ 10.02% 57.79
2028 139.48 Est @ 7.83% 56.35
2029 148.26 Est @ 6.3% 54.16
Present value of next 10 years cash flows $469.00
NasdaqGS:INSG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $148.26 × (1 + 2.73%) ÷ (10.6% – 2.73%)
$1,936.55
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,936.55 ÷ (1 + 10.6%)10
$707.41
NasdaqGS:INSG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $469.00 + $707.41
$1,176.41
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,176.41 / 79.54
$14.79
NasdaqGS:INSG Discount to Share Price
Calculation Result
Value per share (USD) From above. $14.79
Current discount Discount to share price of $4.73
= -1 x ($4.73 - $14.79) / $14.79
68%

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

Current Discount
Amount off the current price Inseego is available for.
Intrinsic value
>50%
Share price is $4.73 vs Future cash flow value of $14.79
Current Discount Checks
For Inseego to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Inseego's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Inseego's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Inseego's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Inseego's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:INSG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-0.41
NasdaqGS:INSG Share Price ** NasdaqGS (2019-11-08) in USD $4.73
United States of America Communications Industry PE Ratio Median Figure of 30 Publicly-Listed Communications Companies 24.34x
United States of America Market PE Ratio Median Figure of 2,915 Publicly-Listed Companies 18.21x

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

** Primary Listing of Inseego.

NasdaqGS:INSG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:INSG Share Price ÷ EPS (both in USD)

= 4.73 ÷ -0.41

-11.54x

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

  • Inseego is loss making, we can't compare its value to the US Communications industry average.
  • Inseego is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Inseego's expected growth come at a high price?
Raw Data
NasdaqGS:INSG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -11.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
83.9%per year
United States of America Communications Industry PEG Ratio Median Figure of 19 Publicly-Listed Communications Companies 1.44x
United States of America Market PEG Ratio Median Figure of 2,014 Publicly-Listed Companies 1.47x

*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 Inseego, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Inseego's assets?
Raw Data
NasdaqGS:INSG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $-0.48
NasdaqGS:INSG Share Price * NasdaqGS (2019-11-08) in USD $4.73
United States of America Communications Industry PB Ratio Median Figure of 61 Publicly-Listed Communications Companies 1.85x
United States of America Market PB Ratio Median Figure of 5,041 Publicly-Listed Companies 1.74x
NasdaqGS:INSG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:INSG Share Price ÷ Book Value per Share (both in USD)

= 4.73 ÷ -0.48

-9.84x

* Primary Listing of Inseego.

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

  • Inseego has negative assets, we can't compare the value of its assets to the US Communications industry average.
X
Value checks
We assess Inseego'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 Communications 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 Communications industry average (and greater than 0)? (1 check)
  5. Inseego has a total score of 2/6, 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.

INSG Future Performance

 How is Inseego expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

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
83.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Inseego expected to grow at an attractive rate?
  • Unable to compare Inseego's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Inseego's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • Inseego's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:INSG Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:INSG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 83.9%
NasdaqGS:INSG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 21.6%
United States of America Communications Industry Earnings Growth Rate Market Cap Weighted Average 12%
United States of America Communications Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*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
NasdaqGS:INSG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:INSG Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 343 3
2020-12-31 268 -8 6
2019-12-31 221 -38 6
2019-11-11
NasdaqGS:INSG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 223 -13 -31
2019-06-30 211 -13 -12
2019-03-31 204 -2 -7
2018-12-31 202 -2 -8
2018-09-30 193 -4 -8
2018-06-30 200 -1 -32
2018-03-31 211 -16 -38
2017-12-31 219 -15 -46
2017-09-30 226 -21 -69
2017-06-30 229 -19 -74
2017-03-31 232 -3 -65
2016-12-31 244 -7 -61

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Inseego is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Inseego's revenue is expected to grow significantly at over 20% yearly.
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
NasdaqGS:INSG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Inseego Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:INSG Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.07 0.07 0.07 1.00
2020-12-31 -0.21 -0.19 -0.24 3.00
2019-12-31 -0.41 -0.34 -0.45 3.00
2019-11-11
NasdaqGS:INSG Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -0.41
2019-06-30 -0.16
2019-03-31 -0.11
2018-12-31 -0.12
2018-09-30 -0.12
2018-06-30 -0.54
2018-03-31 -0.63
2017-12-31 -0.78
2017-09-30 -1.21
2017-06-30 -1.32
2017-03-31 -1.18
2016-12-31 -1.12

*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 Inseego will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Inseego'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Inseego has a total score of 2/6, 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.

INSG Past Performance

  How has Inseego 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 Inseego's growth in the last year to its industry (Communications).
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.
  • Inseego does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Inseego's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Inseego's 1-year growth to the US Communications industry average as it is not currently profitable.
Earnings and Revenue History
Inseego'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 Inseego Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:INSG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 223.21 -31.39 52.40 20.66
2019-06-30 211.12 -11.61 51.33 19.32
2019-03-31 204.29 -7.49 48.59 19.10
2018-12-31 202.46 -8.06 47.65 20.59
2018-09-30 192.95 -7.69 47.44 19.84
2018-06-30 199.79 -32.32 48.99 19.62
2018-03-31 210.64 -37.69 52.15 20.05
2017-12-31 219.30 -45.74 59.43 21.36
2017-09-30 225.68 -69.31 60.24 23.20
2017-06-30 229.10 -74.09 69.44 26.04
2017-03-31 232.00 -64.77 72.70 28.92
2016-12-31 243.56 -60.57 71.46 30.66
2016-09-30 252.15 -47.57 75.69 31.56
2016-06-30 245.54 -49.85 68.85 31.30
2016-03-31 234.39 -56.36 61.12 32.71
2015-12-31 220.94 -52.29 52.75 35.45
2015-09-30 214.79 -42.34 42.36 38.29
2015-06-30 204.85 -30.32 32.88 37.60
2015-03-31 190.46 -38.52 29.71 36.45
2014-12-31 185.25 -39.67 29.19 34.31
2014-09-30 195.22 -56.53 31.83 33.14
2014-06-30 243.56 -52.80 35.91 38.58
2014-03-31 297.42 -43.27 42.07 43.05
2013-12-31 335.05 -43.41 45.08 48.25
2013-09-30 340.39 -37.02 48.80 54.71
2013-06-30 318.74 -63.86 49.64 56.97
2013-03-31 330.06 -60.47 49.04 58.40
2012-12-31 344.29 -89.27 50.17 60.42

*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 Inseego has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Inseego has efficiently used its assets last year compared to the US Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Inseego improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Inseego'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 Communications 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.
Inseego 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.

INSG Health

 How is Inseego'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 Inseego's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Inseego's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Inseego's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Inseego'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.
  • High level of physical assets or inventory.
  • Inseego has negative shareholder equity (liabilities exceed assets) therefore debt is not 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 Inseego Company Filings, last reported 1 month ago.

NasdaqGS:INSG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 -38.32 145.63 13.95
2019-06-30 -37.33 144.03 20.27
2019-03-31 -32.60 141.79 31.88
2018-12-31 -36.53 139.51 31.02
2018-09-30 -33.32 137.24 31.55
2018-06-30 -64.64 136.22 18.84
2018-03-31 -49.24 134.33 16.11
2017-12-31 -45.62 131.90 21.20
2017-09-30 -48.88 129.57 19.59
2017-06-30 -35.10 114.46 8.86
2017-03-31 -26.23 95.66 6.39
2016-12-31 -17.73 94.64 9.89
2016-09-30 7.76 91.50 17.17
2016-06-30 21.13 90.23 18.54
2016-03-31 21.92 91.28 9.36
2015-12-31 30.46 85.77 13.84
2015-09-30 49.28 80.35 10.22
2015-06-30 63.19 78.24 17.91
2015-03-31 32.19 7.16 9.37
2014-12-31 30.55 5.16 17.85
2014-09-30 26.10 0.00 25.26
2014-06-30 20.77 0.00 22.43
2014-03-31 36.20 0.30 26.87
2013-12-31 44.92 2.57 19.52
2013-09-30 65.65 2.44 40.13
2013-06-30 70.03 1.58 46.07
2013-03-31 76.97 4.82 44.11
2012-12-31 85.45 0.00 54.11
  • Inseego has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Inseego's debt level has increased considering it has negative shareholder equity.
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.

  • Inseego has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if Inseego has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Inseego'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. Inseego has a total score of 1/6, 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.

INSG Dividends

 What is Inseego'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 Inseego dividends.
If you bought $2,000 of Inseego 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 Inseego's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Inseego'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
NasdaqGS:INSG 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 6 Analyst Estimates (S&P Global) See Below
United States of America Communications Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1944 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

NasdaqGS:INSG Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
2019-11-11

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

  • Unable to perform a dividend volatility check as Inseego has not reported any payouts.
  • Unable to verify if Inseego's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Inseego's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Inseego 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 Inseego's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Inseego afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Inseego 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.

INSG Management

 What is the CEO of Inseego'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
Dan Mondor
COMPENSATION $2,634,390
AGE 64
TENURE AS CEO 2.4 years
CEO Bio

Mr. Dan Mondor has been Chairman of Inseego Corp. since August 6, 2018. Mr. Mondor has been Chief Executive Officer of Inseego Corp. since June 6, 2017. Mr. Mondor served as the Chief Executive Officer of Spectralink Corporation from March 9, 2015 to February 2016. Mr. Mondor served as the Chief Executive Officer and President of Concurrent Computer Corporation from April 23, 2008 to November 21, 2014. Mr. Mondor provided corporate strategy and M&A advisory services to the telecommunications industry through his private consulting firm, The Mondor Group, LLC since April 2016 to June 2017. He was responsible for all aspects of company strategy and operations at Concurrent Computer. He has over 35 years of industry experience with global public and private corporations in general management, sales, marketing and strategic planning. Prior to joining Concurrent, he held a number of senior executive positions with Mitel Corporation/Mitel Network Solutions, Inc. and Nortel Networks, Inc. He served at Siemens AG from 1984 to 1990. He was with Siemens Corporation where he served in positions of increasing responsibility including Director of strategic planning. He served as product line Manager of Nortel and served as Vice President of worldwide marketing for their optical networks division and served as Vice President and General Manager of Enterprise Network Solutions. In this role he was their most senior marketing executive with responsibility for global marketing strategy, market development, product marketing, marketing communications, industry relations and events. He served as the President of Mitel Networks Inc. since February 2007 to March 2008, with responsibility for Mitel’s US region. Prior to joining Mitel, he served as Vice President and General Manager of Nortel’s global Cable MSO business and held a number of senior executive positions during his 16 year career at Nortel. He began his career in Canada with Bell-Northern Research (BNR). He has been Director of Inseego Corp. since June 2017. Mr. Mondor served as a Director of Concurrent Computer Corporation since April 23, 2008. He served on the boards and committees of several non-profit organizations: Technology Association of Georgia (Board Member), TechAmerica Georgia (Advisory Board Member), Atlanta Telecom Professionals (Executive Advisory Board Member) and Technology Association of Georgia, Georgia Awareness Taskforce (Member). He is frequently quoted in the press and publications on industry and technology trends. He was an invited speaker to Capitol Hill to brief Congressional Staff on telecom technology and has received industry awards from Business Week for Innovation and from the National Engineering Consortium on Market Impact. He was a contributing author to the 2010 Edition of “Inside the Minds”, published by Aspatore Bookswww.Aspatore.com. Mr. Mondor earned his Bachelor of Science in Electrical Engineering from the University of Manitoba and his Masters in Electrical Engineering from the University of Ottawa.

CEO Compensation
  • Dan's compensation has increased whilst company is loss making.
  • Dan's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Inseego management team in years:

1.4
Average Tenure
  • The average tenure for the Inseego management team is less than 2 years, this suggests a new team.
Management Team

Dan Mondor

TITLE
Chairman & CEO
COMPENSATION
$3M
AGE
64
TENURE
2.4 yrs

Steve Smith

TITLE
Executive VP & CFO
COMPENSATION
$962K
AGE
60
TENURE
2.3 yrs

Doug Kahn

TITLE
Executive Vice President of Operations & Customer Success
TENURE
0.8 yrs

Dennis Calderon

TITLE
VP of Legal Affairs & Secretary
TENURE
2.3 yrs

Wendy Caceres

TITLE
Chief Marketing Officer
TENURE
0.2 yrs

Ashish Sharma

TITLE
Executive VP of IoT & Mobile Solutions
TENURE
0.2 yrs

Mark Frisch

TITLE
Senior VP of Service Provider Sales for Americas
TENURE
1.6 yrs

Rick Harris

TITLE
Senior Vice President of Enterprise Sales for the Americas
TENURE
1.5 yrs

Simon Rayne

TITLE
Senior VP & MD for the UK
TENURE
1.3 yrs

John Weldon

TITLE
Senior Vice President of Enterprise SaaS Solutions
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the Inseego board of directors in years:

1.3
Average Tenure
54
Average Age
  • The average tenure for the Inseego board of directors is less than 3 years, this suggests a new board.
Board of Directors

Dan Mondor

TITLE
Chairman & CEO
COMPENSATION
$3M
AGE
64
TENURE
1.3 yrs

Jeff Tuder

TITLE
Independent Director
COMPENSATION
$323K
AGE
46
TENURE
2.4 yrs

Jim Avery

TITLE
Independent Director
COMPENSATION
$102K
AGE
56
TENURE
1.3 yrs

Brian Miller

TITLE
Independent Director
COMPENSATION
$176K
AGE
52
TENURE
1.3 yrs

Chris Harland

TITLE
Independent Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
12. Jul 19 Sell North Sound Management, Inc. Company 10. Jul 19 10. Jul 19 -3,900,000 $4.80 $-18,720,000
27. Dec 18 Sell HC2 Holdings, Inc. Company 19. Dec 18 19. Dec 18 -11,473,799 $3.00 $-34,421,397
20. Dec 18 Buy Golden Harbor Ltd. Company 19. Dec 18 19. Dec 18 9,752,729 $3.00 $29,258,187
20. Dec 18 Buy North Sound Management, Inc. Company 19. Dec 18 19. Dec 18 1,721,070 $3.00 $5,163,210
27. Nov 18 Sell Jeffrey Tuder Individual 21. Nov 18 21. Nov 18 -15,248 $3.67 $-55,963
21. Nov 18 Sell Jeffrey Tuder Individual 19. Nov 18 20. Nov 18 -13,085 $3.70 $-48,385
X
Management checks
We assess Inseego'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. Inseego 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.

INSG News

Simply Wall St News

Market Sentiment Around Loss-Making Inseego Corp (NASDAQ:INSG)

The US$277m market-cap posted a loss in its most recent financial year of -US$46m and a latest trailing-twelve-month loss of -US$8m shrinking the gap between loss and breakeven. … In this article, I will touch on the expectations for INSG’s growth and when analysts expect the company to become profitable … According to the industry analysts covering INSG, breakeven is near.

Simply Wall St -

Intrinsic Calculation For Inseego Corp (NASDAQ:INSG) Shows Investors Are Overpaying

by taking the expected future cash flows and discounting them to their present value. … Discounted Cash Flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model

Simply Wall St -

Inseego Corp’s (NASDAQ:INSG) Insiders Ramped Up Holdings - Should You?

some insider buying over the past three months, with insiders investing in. … A well-known argument is that insiders investing more in their own companies’ shares sends an optimistic signal … A research published in The MIT Press (1998) concluded that stocks following insider buying outperformed the market by 4.5%

Simply Wall St -

Did Inseego Corp's (NASDAQ:INSG) Earnings Growth Outperform The Industry?

After looking at Inseego Corp's (NASDAQ:INSG) latest earnings update (31 December 2017), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … See our latest analysis for Inseego Did INSG's recent earnings growth beat the long-term trend and the industry? … For the most up-to-date info, I use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data.

Simply Wall St -

Inseego Corp's (NASDAQ:INSG) Single Biggest Risk For Investors

The single most important question to ask when you’re investing in a loss-making company is – will they need to raise cash again, and if so, when? … Cash burn is when a loss-making company spends its equity to fund its expenses before making money from its day-to-day business. … NasdaqGS:INSG Income Statement Feb 1st 18 When will Inseego need to raise more cash?

Simply Wall St -

Estimating The Fair Value Of Inseego Corp (NASDAQ:INSG)

Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of Inseego Corp (NASDAQ:INSG) as an investment opportunity by taking the expected future cash flows and discounting them to their present value. … 5-year cash flow estimate 2018 2019 2020 2021 2022 Levered FCF ($, Millions) $25.63 $23.29 $21.15 $19.22 $17.46 Source Extrapolated @ (-9.16%) Extrapolated @ (-9.16%) Extrapolated @ (-9.16%) Extrapolated @ (-9.16%) Extrapolated @ (-9.16%) Present Value Discounted @ 16.21% $22.06 $17.24 $13.48 $10.54 $8.24 Present Value of 5-year Cash Flow (PVCF)= $72 The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. … Terminal Value (TV) = FCF2022 × (1 + g) ÷ (r – g) = $17 × (1 + 2.5%) ÷ (16.2% – 2.5%) = $130 Present Value of Terminal Value (PVTV) = TV / (1 + r)5 = $130 / ( 1 + 16.2%)5 = $61 The total value, or equity value, is then the sum of the present value of the cash flows, which in this case is $133.

Simply Wall St -

Are Insiders Too Confident In Inseego Corp (NASDAQ:INSG)?

Inseego is one of United States’s small-cap stocks that saw some insider buying over the past three months, with insiders investing in 516,676 shares during this period. … Today we will evaluate whether these decisions are bolstered by analysts’ expectations of future growth as well as recent share price movements. … Next Steps: Inseego’s net buying tells us the stock is in favour with some insiders, reinforced by the substantial earnings growth expectations, on top of a reasonable share price movement around the same time.

Simply Wall St -

Does Inseego Corp's (NASDAQ:INSG) -37.8% EPS Decline Reflect A Long-Term Trend?

Check out our latest analysis for Inseego Was INSG's recent earnings decline indicative of a tough track record? … I use the ‘latest twelve-month’ data, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … Inseego's most recent twelve-month earnings -$69.3M, which, relative to the prior year's level, has become more negative.

Simply Wall St -

INSG Company Info

Description

Inseego Corp. engages in the design and development of mobile, Internet of Things (IoT), and cloud solutions for large enterprise verticals, service providers, and small and medium-sized businesses worldwide. The company provides wireless 3G, 4G, and 5G hardware products that address various markets, including fleet and commercial telematics, aftermarket telematics, smart city infrastructure management, remote monitoring and control, wireless surveillance systems, security and connected home and fixed wireless access, and mobile broadband devices. Its products include 4G and 5G mobile hotspots, wireless gateways and routers for IoT applications, 1Gigabit speed 4G LTE hotspots and USB modems, integrated telematics, and mobile tracking hardware devices that are supported by applications software and cloud services designed to enable customers to easily analyze data insights and configure/manage their hardware remotely. The company also sells software-as-a-service (SaaS), software, and services solutions in various mobile and industrial IoT vertical markets comprising fleet management, vehicle telematics, aviation telematics, usage-based insurance, stolen vehicle recovery, asset tracking, monitoring, business connectivity, and subscription management. Its SaaS delivery platforms include Ctrack platforms, which provide fleet, vehicle, aviation, asset, and other telematics applications; and Device Management Solutions, a hosted SaaS platform that helps organizations in managing the selection, deployment, and spend of their wireless assets by helping them to save money on personnel and telecom expenses. The company has a strategic partnership with Sprint Corporation to deliver IoT solutions for aviation, transportation, logistics, and manufacturing industry verticals. Inseego Corp. was founded in 1996 and is headquartered in San Diego, California.

Details
Name: Inseego Corp.
INSG
Exchange: NasdaqGS
Founded: 1996
$376,225,103
79,540,191
Website: http://www.inseego.com
Address: Inseego Corp.
9605 Scranton Road,
Suite 300,
San Diego,
California, 92121,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS INSG Common Stock Nasdaq Global Select US USD 09. Nov 2016
DB INO Common Stock Deutsche Boerse AG DE EUR 09. Nov 2016
Number of employees
Current staff
Staff numbers
819
Inseego employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/11 00:27
End of day share price update: 2019/11/08 00:00
Last estimates confirmation: 2019/11/07
Last earnings filing: 2019/11/06
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


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.