KVH Industries (KVHI) AI Stock Analysis

• Market Cap: $102.90M
• Dividend Yield: N/A
• Average Volume (3M): 24.58K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.38
• Revenue Growth: -14.38%
• EPS Growth: 49.11%
• Country: US
• Employees: 247
• Sector: Communication Services
• Sector Strength: 75
• Industry: Communication Equipment
• EPS (TTM): -0.09
• Shares Outstanding: 19,599,460
• 10 Day Avg. Volume: 23,746
• 30 Day Avg. Volume: 24,580
• PEG Ratio: -0.86
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.23
• Enterprise Value/Market Cap: 0.55
• Enterprise Value/Revenue: 0.08
• Enterprise Value/Gross Profit: 0.71
• Enterprise Value/Ebitda: 0.97
• 1Y Price Target: $5.50
• Price Target Upside: 4.76% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 52 Neutral
• Price Target: $5.50 ▲(4.76%Upside)

KVH Industries' financial performance presents major concerns due to profitability issues and cash flow challenges. Despite positive earnings call developments like subscriber growth and improved margins, the negative valuation metrics weigh heavily on the stock's attractiveness. The technical analysis suggests a neutral trend, with no strong momentum detected.

KVH Industries Business Overview & Revenue Model

Company Description

KVH Industries, Inc. designs, develops, manufactures, and markets mobile connectivity products and services for the marine and land mobile markets in the United States and internationally. The company operates through Mobile Connectivity and Inertial Navigation segments. The company offers mobile satellite TV and communications products; two-way satellite communications systems; onboard TracPhone terminals and hub equipment; data management software; and Iridium OpenPort hardware products and services. It also offers airtime plans that enable customers to obtain Internet and voice services; and value-added, and news and radio content services to retail customers. In addition, the company provides navigation, guidance, and stabilization products for the commercial and defense markets comprising precision fiber optic gyro-based systems; tactical navigation systems for tactical trucks and light armored vehicles; and commercial products, such as navigation and positioning systems for various applications consisting of precision mapping, dynamic surveying, autonomous vehicles, train location control and track geometry measurement systems, industrial robotics, and optical stabilization applications. Further, it offers content, maritime news, sporting content, and television programming delivery services; movie distribution services; and services and support for the mini-VSAT Broadband solution, as well as IoT connectivity as a service. The company sells its mobile communications products through a network of independent retailers, chain stores, distributors, and service providers, as well as to manufacturers of vessels, maritime equipment, and vehicles; and navigation products directly to the United States and foreign governments, and government contractors, as well as through authorized independent sales representatives. It also sells and leases its products directly to end users. KVH Industries, Inc. was founded in 1978 and is headquartered in Middletown, Rhode Island

How the Company Makes Money

KVH Industries generates revenue through the sale of its satellite communication products and services, inertial navigation systems, and related accessories. A significant portion of its revenue comes from the maritime sector, where it provides satellite-based internet and television services to vessels at sea. The company also earns money through subscriptions for its airtime services, which include high-speed internet and television solutions. Additionally, KVH offers guidance and stabilization products for military and commercial applications, contributing to its revenue streams. Partnerships with satellite providers and value-added resellers further enhance its revenue by expanding its market reach and service offerings.

KVH Industries Financial Statement Overview

Summary

KVH Industries faces significant profitability issues with declining revenues and negative margins. The balance sheet remains strong with low leverage, but cash flow challenges could impede future growth.

Income Statement

The company has faced consistent revenue declines and negative profitability. Net profit margin is negative, indicating losses. Though gross profit margin remains high, EBIT and EBITDA margins are negative, reflecting operational challenges.

Balance Sheet

The balance sheet shows a strong equity position with a low debt-to-equity ratio, indicating financial stability. However, declining total assets and stockholders' equity over recent years could signal potential challenges ahead.

Cash Flow

Operating cash flow has been negative in recent years, impacting free cash flow. The company shows an ability to generate cash through investing activities, but overall cash flow remains a concern due to negative free cash flow.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	113.83M	132.38M	138.88M	171.77M	158.73M
Gross Profit	35.22M	37.87M	52.60M	59.80M	57.61M
EBITDA	2.67M	-1.67M	9.96M	1.43M	-10.09M
Net Income	-11.05M	-15.42M	-3.92M	-9.76M	-21.94M
Balance Sheet
Total Assets	155.08M	172.63M	200.53M	168.79M	183.59M
Cash, Cash Equivalents and Short-Term Investments	50.57M	69.77M	76.74M	24.52M	37.72M
Total Debt	1.23M	1.07M	2.17M	3.14M	13.96M
Total Liabilities	16.46M	25.26M	43.87M	39.82M	51.71M
Stockholders Equity	138.63M	147.37M	156.66M	128.98M	131.88M
Cash Flow
Free Cash Flow	-20.59M	-9.40M	-5.55M	-15.89M	-17.22M
Operating Cash Flow	-13.17M	2.53M	8.89M	2.91M	-3.08M
Investing Cash Flow	52.39M	-14.71M	375.00K	-6.71M	-9.29M
Financing Cash Flow	110.00K	2.34M	708.00K	2.65M	7.13M

KVH Industries Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.25
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KVHI, the sentiment is Negative. The current price of 5.25 is below the 20-day moving average (MA) of 5.31, below the 50-day MA of 5.32, and below the 200-day MA of 5.34, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 45.63 is Neutral, neither overbought nor oversold. The STOCH value of 29.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KVHI.

KVH Industries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FEIM	76 Outperform	$257.30M	10.74	49.88%	3.78%	24.10%	603.04%
Sector *	61 Neutral	$42.21B	-3.57	-11.12%	4.05%	2.99%	-33.83%
KVHI	52 Neutral	$102.90M	―	-6.78%	―	-14.38%	49.11%
AIRG	50 Neutral	$52.01M	―	-25.57%	―	8.46%	39.81%
INSG	48 Neutral	$96.05M	18.95	111.75%	―	1.60%	―
CMTL	47 Neutral	$60.26M	―	-43.88%	―	-12.02%	-615.33%
FKWL	―	$45.84M	―	-4.62%	―	―	―

KVH Industries Corporate Events

KVH Industries Elects New Directors at Annual Meeting

At the annual meeting of stockholders on June 4, 2025, KVH Industries‘ shareholders voted to elect Brent C. Bruun and Joseph Spytek as Class II directors for a three-year term expiring in 2028. They also approved, on a non-binding basis, the compensation of the company’s named executive officers and ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for the year ending December 31, 2025. These decisions reflect the company’s ongoing governance and operational strategies, potentially impacting its leadership and financial oversight.