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Ceva CEVA Operating margin

Discontinued — last reported Q3 '18

Operating margin at other companies

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Travel + LeisureTNL
14.3%-4.8pp
Unifirst logo
UnifirstUNF
6.8%-0.9pp
HES
Hess MidstreamHESM
61.9%+0.5pp
Cabot Corporation logo
Cabot CorporationCBT
15.7%-0.6pp
Alignment Healthcare logo
Alignment HealthcareALHC
0.1%0.0pp
Federated Hermes logo
Federated HermesFHI
27.4%+3.6pp

Other financials

Income statement

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Revenue$27.0M+11.5%
Gross profit$23.3M+12.2%
Operating income-$5.1M-16.0%
Net income-$4.5M-34.0%
EPS (diluted)-$0.21-200%

Balance sheet

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Cash & equivalents$21.4M+13.6%
Total debt$16.9M+249%
Total equity$338.2M+25.7%
Total assets$388.2M+25.2%

Cash flow

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Operating cash flow-$4.9M+34.0%
CapEx$2.3M+644%
Free cash flow-$7.2M+6.7%

Valuation

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Market cap$1.25B+154%
Enterprise value$1.25B+161%
P/S11.2×+6.6×

Profitability

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Gross margin89.9%
Net margin-10.5%+26.2pp
FCF margin1%

Returns & leverage

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Return on equity-3.9%+4.7pp
Debt / equity0.0×
Current ratio10.3×+2.8×

Where this comes from

Calculated from Ceva’s reported figures.

Based on trailing twelve months.

The official record: Ceva’s 10-Q, filed November 12, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.