Ceva Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 5.85
Dividend & YieldN/A$ (N/A)
Beta 1.06
Market capitalization 602.42M
Operating cash flow 14.5M
ESG Scores unknown

Company description

CEVA, Inc. operates as a licensor of wireless connectivity and smart sensing technologies to semiconductor and original equipment manufacturer (OEM) companies worldwide. It designs and licenses various digital signal processors, AI processors, wireless platforms, and complementary software for sensor fusion, image enhancement, computer vision, voice input, and artificial intelligence (AI). The company licenses a family of wireless connectivity and smart sensing technologies, and integrated IP solutions, including DSP-based platforms for 5G baseband processing in mobile, IoT, and infrastructure; imaging and computer vision for any camera-enabled devices; audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets; sensor fusion software and inertial measurement unit solutions for hearables, wearables, AR/VR, PC, robotics, remote controls, and IoT; and wireless IoT for Bluetooth, Wi-Fi 4/5/6/6E, Ultra-wideband (UWB), and NB-IoT. Its technologies are licensed to companies, which design, manufacture, market, and sell application-specific integrated circuits and application-specific standard products to mobile, consumer, automotive, robotics, industrial, aerospace and defense, and IoT companies for incorporation into various end products. The company delivers its DSP cores, platforms, and AI processors in the form of a hardware description language definition; and offers development platforms, software development kits, and software debug tools that facilitate system design, debug, and software development. The company licenses its technology through a direct sales force. The company was formerly known as ParthusCeva, Inc. and changed its name to CEVA, Inc. in December 2003. CEVA, Inc. was incorporated in 1999 and is headquartered in Rockville, Maryland.

Sector: Technology - Industry: Semiconductors

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -2.77M -3.46M -1.36M -848k
Total Cashflows From Investing Activities 9.83M -2.44M -15.22M -16.71M
Net Borrowings
Total Cash From Financing Activities -17.76M -6.68M -2.11M 3.24M
Change To Operating Activities -5.22M -1.51M 2.36M 598k
Issuance Of Stock 2.25M 2.44M 2.87M 3.24M
Net Income 574k 28k -2.38M 396k
Change In Cash 521k 543k -1.66M 12.01M
Effect Of Exchange Rate -159k -12k 508k -327k
Total Cash From Operating Activities 8.61M 9.67M 15.16M 25.8M
Depreciation 4.16M 5.27M 5.82M 6.99M
Change To Account Receivables -463k -2.15M -2.92M 5.84M
Other Cashflows From Financing Activities -204k -204k -204k
Change To Netincome 12.23M 11.55M 13.49M 12.64M
Capital Expenditures -3.32M -3.46M -2.94M -2.19M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 47.76M 52.84M 62.01M 72.5M
Income Before Tax 1.3M 1.37M 2.52M 5.69M
Net Income 574k 28k -2.38M 396k
Selling General Administrative 22.52M 23.74M 26.02M 26.19M
Gross Profit 69.93M 77.05M 89.58M 105.88M
Ebit -1.25M -1.46M -763k 4.48M
Operating Income -1.25M -1.46M -763k 4.48M
Interest Expense
Income Tax Expense 729k 1.34M 4.9M 5.29M
Total Revenue 77.88M 87.15M 100.33M 122.71M
Cost Of Revenue 7.95M 10.11M 10.75M 16.83M
Total Other Income ExpenseNet 2.55M 2.83M 3.28M 1.21M
Net Income From Continuing Ops 574k 28k -2.38M 396k
Net Income Applicable To Common Shares 574k 28k -2.38M 396k

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 31.38M 45.86M 46.06M 51.93M
Total Stockholder Equity 245.88M 251.16M 260.89M 276.73M
Other Current Liabilities 6.04M 5.69M 4.57M 11.19M
Total Assets 277.26M 297.02M 306.95M 328.66M
Common Stock 22k 22k 22k 23k
Other Current Assets 56k 63k
Retained Earnings 62.85M 62.43M 57.35M 55.48M
Treasury Stock -40.25M -39.3M -29.66M -14.16M
Cash 22.26M 22.8M 21.14M 33.15M
Total Current Liabilities 21.75M 26.38M 28.18M 35.44M
Other Stockholder Equity -1.11M 94k 478k -372k
Property, Plant, and Equipment 7.34M 18.95M 16.64M 15.59M
Total Current Assets 177.29M 178.55M 167.56M 188.98M
Net Tangible Assets 196.57M 186.66M 198.98M 187.35M
Net Receivables 26.16M 28.31M 31.22M 27.45M
Accounts Payable 632k 701k 894k 1.46M


Insider Transactions

Here are the insider transactions of stock shares related to Ceva Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
AYALON-LANCIANO ELIYAHUStock Award(Grant) at price 0.00 per share.D2022-07-01Director3.79k
SILVER LOUISStock Award(Grant) at price 0.00 per share.D2022-07-01Director3.79k
NILSSON SVEN CHRISTERStock Award(Grant) at price 0.00 per share.D2022-07-01Director3.79k
MCMANAMON PETERStock Award(Grant) at price 0.00 per share.D2022-07-01Director3.79k
MARCED MARIAStock Award(Grant) at price 0.00 per share.D2022-07-01Director3.79k
ANDRIETTI BERNADETTEStock Award(Grant) at price 0.00 per share.D2022-07-01Director3.79k
LIU JACLYNStock Award(Grant) at price 0.00 per share.D2022-07-01Director3.79k
SILVER LOUISSale at price 32.95 per share.D2022-06-14Director6.1k
SILVER LOUISConversion of Exercise of derivative security at price 17.61 per share.D2022-06-14Director13k
BOUKAYA MICHAELSale at price 34.00 per share.D2022-05-16Chief Operating Officer2.33k
LIU JACLYNStock Award(Grant) at price 33.65 per share.I2022-05-16Director2.97k
OHANA ISSACHARSale at price 38.68 per share.D2022-03-16Officer6k
WERTHEIZER GIDEONStock Award(Grant) at price 0.00 per share.D2022-02-17Chief Executive Officer9.94k
OHANA ISSACHARStock Award(Grant) at price 0.00 per share.D2022-02-17Officer5.96k
ARIELI YANIVStock Award(Grant) at price 0.00 per share.D2022-02-17Chief Financial Officer7.45k
BOUKAYA MICHAELStock Award(Grant) at price 0.00 per share.D2022-02-17Chief Operating Officer5.96k
WERTHEIZER GIDEONStock Award(Grant) at price 0.00 per share.D2022-02-14Chief Executive Officer5.28k
OHANA ISSACHARStock Award(Grant) at price 0.00 per share.D2022-02-14Officer1.58k
ARIELI YANIVStock Award(Grant) at price 0.00 per share.D2022-02-14Chief Financial Officer1.41k
BOUKAYA MICHAELStock Award(Grant) at price 0.00 per share.D2022-02-14Chief Operating Officer1.41k
OHANA ISSACHARSale at price 46.00 per share.D2021-12-08Officer9.34k
WERTHEIZER GIDEONSale at price 49.58 - 50.08 per share.D2021-11-17Chief Executive Officer8.41k
AYALON-LANCIANO ELIYAHUStock Award(Grant) at price 0.00 per share.D2021-07-05Director2.67k
LIMON ZVIStock Award(Grant) at price 0.00 per share.D2021-07-05Director2.67k
SILVER LOUISStock Award(Grant) at price 0.00 per share.D2021-07-05Director2.67k
NILSSON SVEN CHRISTERStock Award(Grant) at price 0.00 per share.D2021-07-05Director2.67k
MCMANAMON PETERStock Award(Grant) at price 0.00 per share.D2021-07-05Director2.67k
MARCED MARIAStock Award(Grant) at price 0.00 per share.D2021-07-05Director2.67k
ANDRIETTI BERNADETTEStock Award(Grant) at price 0.00 per share.D2021-07-05Director2.67k
LIU JACLYNStock Award(Grant) at price 0.00 per share.D2021-07-05Director2.67k
BOUKAYA MICHAELSale at price 43.56 per share.D2021-05-24Chief Operating Officer2.33k
ARIELI YANIVSale at price 62.00 per share.D2021-03-16Chief Financial Officer9.2k
WERTHEIZER GIDEONSale at price 66.64 per share.D2021-02-25Chief Executive Officer16.32k
OHANA ISSACHARSale at price 66.58 per share.D2021-02-23Officer14.4k
WERTHEIZER GIDEONSale at price 70.17 per share.D2021-02-22Chief Executive Officer23k
LIMON ZVISale at price 72.16 - 72.98 per share.D2021-02-22Director29.29k
LIMON ZVIConversion of Exercise of derivative security at price 19.43 - 27.17 per share.D2021-02-22Director19.5k
SILVER LOUISSale at price 73.00 per share.D2021-02-22Director7.36k
SILVER LOUISConversion of Exercise of derivative security at price 30.46 per share.D2021-02-22Director13k
BOUKAYA MICHAELSale at price 72.18 per share.D2021-02-22Chief Operating Officer34.4k
WERTHEIZER GIDEONSale at price 70.63 per share.D2021-02-19Chief Executive Officer40k
LIMON ZVISale at price 71.41 - 72.00 per share.D2021-02-19Director12.33k
LIMON ZVIConversion of Exercise of derivative security at price 17.61 - 30.46 per share.D2021-02-19Director19.5k
NILSSON SVEN CHRISTERSale at price 70.00 - 70.01 per share.D2021-02-19Director19.91k
NILSSON SVEN CHRISTERConversion of Exercise of derivative security at price 14.77 - 27.17 per share.D2021-02-19Director29.25k
OHANA ISSACHARSale at price 67.40 - 68.16 per share.D2021-02-19Officer14.43k
ARIELI YANIVSale at price 68.20 per share.D2021-02-19Chief Financial Officer30.39k
MARCED MARIASale at price 70.00 per share.D2021-02-19Director21.39k
MARCED MARIAConversion of Exercise of derivative security at price 30.60 per share.D2021-02-19Director38k
AYALON-LANCIANO ELIYAHUSale at price 67.45 per share.D2021-02-18Director18.18k
AYALON-LANCIANO ELIYAHUConversion of Exercise of derivative security at price 14.77 - 27.17 per share.D2021-02-18Director13k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Ceva Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Ceva Inc

Here is the result of two systematic investment strategies applied to Ceva Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Ceva Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Ceva Inc:

Ceva Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 54.06% on the backtest period.

Performance at glance

Performance

54.06 %

Latent gain

982.83 $

Invested capital

1817.99 $

Annualized return

13.19 %
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Momentum strategy results on Ceva Inc

This is the result of two momentum investment strategies applied to Ceva Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Ceva Inc

The following chart shows all the entries opened by the momentum investment system on Ceva Inc:

Ceva Inc momentum entries
  • The first momentum investment strategy would give 45.78% of return on Ceva Inc. That represents 2502.3$ of latent gain with 5465.55$ of employed capital.
  • The second momentum investment strategy would give 40.86% of return on Ceva Inc. That represents 1722.86$ of latent gain with 4216.81$ of employed capital.
Performance at glance (1Q Momentum)

Performance

45.78 %

Latent gain

2502.3 $

Invested capital

5465.55 $

Annualized return

24.59 %
Performance at glance (2Q Momentum)

Performance

40.86 %

Latent gain

1722.86 $

Invested capital

4216.81 $

Annualized return

11.29 %

Momentum equity curve on Ceva Inc

The following chart shows the equity curve of the two momentum strategies applied to Ceva Inc:

Ceva Inc momentum equity

Note: the dividends potentially given by Ceva Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Ceva Inc

The following chart shows the employed capital evolution of the two momentum strategies on Ceva Inc since the beginning:

Ceva Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Ceva Inc

Buy the dip entry openings on Ceva Inc

Ceva Inc

The performance achieved by the robo-advisor on Ceva Inc is 51.64%. That represents 641.36$ of latent gain with 1241.95$ of employed capital. The following chart shows Ceva Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Ceva Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

51.64 %

Latent gain

641.36 $

Invested capital

1241.95 $

Annualized return

24.59 %

Equity curve of the strategy applied to Ceva Inc

The following chart shows the result of the investment strategy applied to Ceva Inc:

Ceva Inc

Note: the dividends potentially given by Ceva Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Ceva Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Ceva Inc:

Ceva Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Ceva Inc

In this section, I will compare the three previous investment strategies applied to Ceva Inc.

Equity curve comparison on Ceva Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Ceva Inc investment strategy comparison

Employed capital comparison on Ceva Inc

Ceva Inc investment comparison

Performance comparison on Ceva Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 54.06% 982.83$ 1817.99$ 13.19%
Momentum 1 quarter 45.78% 2502.3$ 5465.55$ 11.86%
Momentum 2 quarters 40.86% 1722.86$ 4216.81$ 11.29%
Non-directional 51.64% 641.36$ 1241.95$ 24.59%
Annualized return comparison

Automatic investment

13.19 %

Momentum 1Q

11.29 %

Momentum 2Q

11.29 %

Non-directional

24.59 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Ceva Inc:

Positive correlations

Most correlated stocks this year

  • Ceva Inc

  • Most correlated stocks last 3 months

  • AIRBOSS AMERICA J
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  • U.S. Global Investors Inc - Class A
  • Invesco DWA Consumer Staples Momentum ETF
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  • Amplify Lithium & Battery Technology ETF
  • SMITHS GROUP PLC ORD 37.5P
  • First Trust BICK Index Fund
  • Ceva Inc
  • FIRST TRUST RIVERFRONT DYNAMIC EMERGING MARKETS ET
  • iShare Inc iShares ESG Aware MSCI EM ETF
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  • WISDOMTREE EMERGING MARKETS MULTIFACTOR FUND N/A
  • WISDOMTREE EMERGING MARKETS QUALITY DIVIDEND GROWT
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  • Note: The algorithm computes the probability of correlation between Ceva Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Ceva Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Ceva Inc
    Country United States
    City Rockville
    Address 15245 Shady Grove Road
    Phone 240 308 8328
    Website www.ceva-dsp.com
    FullTime employees 476
    Industry Semiconductors
    Sector Technology
    Exchange XNAS
    Ticker CEVA
    Market www.nasdaq.com

    Ceva Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown