Financial Contrast: IDEX Biometrics ASA (IDBA) versus Its Peers

IDEX Biometrics ASA (NASDAQ: IDBA) is one of 64 publicly-traded companies in the “Computer integrated systems design” industry, but how does it weigh in compared to its peers? We will compare IDEX Biometrics ASA to related businesses based on the strength of its analyst recommendations, institutional ownership, valuation, risk, profitability, dividends and earnings.

Insider & Institutional Ownership

59.0% of shares of all “Computer integrated systems design” companies are owned by institutional investors. 11.4% of shares of all “Computer integrated systems design” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares IDEX Biometrics ASA and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
IDEX Biometrics ASA N/A N/A N/A
IDEX Biometrics ASA Competitors -25.85% -18.10% -2.63%

Analyst Ratings

This is a breakdown of recent recommendations for IDEX Biometrics ASA and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IDEX Biometrics ASA 0 0 0 0 N/A
IDEX Biometrics ASA Competitors 337 1870 2784 52 2.51

As a group, “Computer integrated systems design” companies have a potential upside of 11.50%. Given IDEX Biometrics ASA’s peers higher possible upside, analysts clearly believe IDEX Biometrics ASA has less favorable growth aspects than its peers.

Earnings & Valuation

This table compares IDEX Biometrics ASA and its peers top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
IDEX Biometrics ASA $1.10 million -$26.75 million -8.41
IDEX Biometrics ASA Competitors $1.54 billion $58.08 million 62.25

IDEX Biometrics ASA’s peers have higher revenue and earnings than IDEX Biometrics ASA. IDEX Biometrics ASA is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

IDEX Biometrics ASA peers beat IDEX Biometrics ASA on 6 of the 9 factors compared.

About IDEX Biometrics ASA

IDEX Biometrics ASA engages in the design, development, and sale of fingerprint identification and authentication solutions in Europe, the Middle East, Africa, the Americas, and Asia. The company offers IDEX Biometrics for the biometrics smart card market, including biometric fingerprint sensors for use in dual interface, contactless only, and contact only smart cards; biometric fingerprint modules for contact based smart cards; and on-card enrollment solutions for remote in-person enrollment. It primarily serves biometric payment card market, as well as offers its products and solutions for other markets, including access control, identification, healthcare, and the Internet of Things. The company was formerly known as Idex ASA and changed its name to IDEX Biometrics ASA in May 2019. IDEX Biometrics ASA was incorporated in 1996 and is headquartered in Oslo, Norway.

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