Immersion Corporation (IMMR) exhibits 45.0% gross margins and 12.4% return on invested capital within Technology (Computer peripheral equipment), balanced against a 3.1x enterprise multiple and 4.8% implied options volatility.
Sustained 45.0% gross profitability converts into 1.5% operating margin and 12.4% ROIC, outpacing sector cost of capital.
ROIC: 12.4% // GM: 45.0%YoY revenue trajectory of +11.2% paired with 17.69% free cash flow yield supports self-funded R&D and capital return.
REV YOY: +11.2% // FCF YLD: 17.69%Altman Z-Score of 1.85 and Piotroski F-Score of 6/9 indicate low near-term refinancing stress.
ALTMAN Z: 1.85 // F-SCORE: 6/9Trading at 53.6x trailing P/E (49.8x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 53.6x // EV/EBITDA: 3.1xOptions market prices a ±5.2% implied move with a 0.85 put/call ratio around $7.30 max pain.
IMPL MOVE: ±5.2% // P/C: 0.85Elevated industry capital intensity and customer concentration in Computer peripheral equipment require continuous execution to defend 0.3% net margins.
NET MARGIN: 0.3% // D/E: 0.45x| FILER | SIDE | $ VALUE |
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| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
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| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for IMMR & activate live FRED threshold breach alerts.