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IMMERSION CORP IMMR

Nasdaq · stock · Computer Peripheral Equipment, NEC · website · IPO 1999-11-12 · LEI

IMMERSION CORP statistics & valuation

Market cap$232.4M
P / E51.4×
P / S0.1×
P / B0.4×
P / FCF5.4×
Dividend yield3.46%
Net margin0.3%
Return on equity0.8%
FCF margin2.5%
Net cash$67.3M
Net debt / EBITDA-1×
Enterprise value USD$165.1M
EV / EBITDA2.4×
Earnings yield EBIT/EV15.7%
Return on capital3.4%
Graham number -1.1%$7.35

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($7.35); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-69.00% -129.40% 49.00% -55.80% 17.70% 35.60% 79.70% 100.20% 4.10% 0.30% 2016201720182019202020212022202320252026
Gross margin (%)
99.80% 99.50% 2016201720182019202020212022202320252026
Operating margin (%)
-26.70% -129.70% 47.80% -59.70% 7.30% 50.70% 63.50% 52.90% 7.60% 1.50% 2016201720182019202020212022202320252026
Return on equity (%)
-71.20% -469.00% 54.50% -23.90% 8.40% 8.80% 19.40% 18.60% 11.50% 0.80% 2016201720182019202020212022202320252026
Shares outstanding
28.9M 29.3M 31.4M 31.5M 28.5M 34.4M 33.5M 32.5M 33.0M 33.1M 2016201720182019202020212022202320252026
Net debt ($)
$30.5M -$67.3M 2016201720182019202020212022202320252026
Share buybacks ($)
2016201720182019202020212022202320252026
Return on assets (%)
-38.00% -87.10% 37.20% -16.10% 5.60% 7.10% 16.10% 15.70% 5.80% 0.40% 2016201720182019202020212022202320252026
Free cash flow margin (%)
38.00% -125.50% 62.90% -95.30% -0.10% 48.80% 104.30% 60.70% -4.40% 2.50% 2016201720182019202020212022202320252026
Debt / equity (×)
0.18× 0.13× 2016201720182019202020212022202320252026
EPS ($)
-$1.37 -$1.55 $1.73 -$0.64 $0.19 $0.39 $0.92 $1.04 $1.90 $0.14 2016201720182019202020212022202320252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

IMMERSION CORP trades at about 53.1× earnings — above its 10-year norm (10-year range 4×–84.8×, median 13.3×).

4× 84.8×

Shaded band = 10-year range (4×–84.8×); dot = today's 53.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin——————99.5%99.8%——
Operating margin1.5%7.6%52.9%63.5%50.7%7.3%-59.7%47.8%-129.7%-26.7%
Net margin0.3%4.1%100.2%79.7%35.6%17.7%-55.8%49.0%-129.4%-69.0%
FCF margin2.5%-4.4%60.7%104.3%48.8%-0.1%-95.3%62.9%-125.5%38.0%
Return on assets0.4%5.8%15.7%16.1%7.1%5.6%-16.1%37.2%-87.1%-38.0%
Return on equity0.8%11.5%18.6%19.4%8.8%8.4%-23.9%54.5%-469.0%-71.2%
Debt / equity0.13×0.18×————————
Current ratio2.302.388.938.949.228.479.058.852.524.47

Computed from company filings · US · as of 2026-04-30. Facts plus Stocktoria's own computed scores — not investment advice.