Kopin Corporation Intrinsic Value Calculation – Kopin and MICLEDI Partner to Develop MicroLED Displays for Innovative Vision Solutions
January 5, 2024
☀️Trending News
KOPIN ($NASDAQ:KOPN) Corporation, a publicly traded company on the NASDAQ Exchange, has recently partnered with MICLEDI Microdisplays to develop microLED display technology. This collaboration is expected to lead to the introduction of groundbreaking vision solutions that leverage the advantages of microLED. MicroLED is a type of display technology that offers high brightness, fast response times, and low power consumption. KOPIN Corporation is a leading provider of innovative technologies and solutions for consumer, military, and industrial applications. Its portfolio also includes components and systems for augmented reality, virtual reality, and mixed reality applications.
Additionally, Kopin provides services related to product development and technology integration. This partnership with MICLEDI Microdisplays will enable Kopin to further its mission of developing next-generation products that offer superior performance in a wide range of use cases. The microLED displays developed through this collaboration are expected to be incorporated into smart glasses, wearable devices, and other vision solutions. With their combined efforts, Kopin and MICLEDI Microdisplays plan to revolutionize the vision industry by creating revolutionary products that offer high-performance features.
Price History
This partnership is expected to bring the resolution and brightness of KOPIN’s existing display technology to a whole new level. On Thursday, KOPIN CORPORATION‘s stock opened at $2.0 and closed at $2.1, up by 7.0% from the previous closing price of $2.0. This impressive change in the stock market is believed to be due to the new partnership between KOPIN and MICLEDI. Through this partnership, both companies anticipate leveraging their respective strengths to create a more powerful display solution that will be able to keep up with the current market demands.
In addition, they also plan to explore other applications of their MicroLED technology, such as augmented reality and virtual reality. The joint venture between KOPIN and MICLEDI shows promise for the future of display technology and could potentially revolutionize the industry. It will be interesting to see how this innovative partnership will develop in the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Kopin Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 44 | -19.42 | -37.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Kopin Corporation. More…
| Operations | Investing | Financing |
| -13.88 | -6.91 | 21.23 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Kopin Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 54.61 | 20.24 | 0.31 |
Key Ratios Snapshot
Some of the financial key ratios for Kopin Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.0% | – | -37.8% |
| FCF Margin | ROE | ROA |
| -33.1% | -29.5% | -19.0% |
Analysis – Kopin Corporation Intrinsic Value Calculation
At GoodWhale, we have conducted a financial analysis of KOPIN CORPORATION and calculated its intrinsic value to be around $2.4 per share. Through our proprietary Valuation Line methodology, we have evaluated the company’s financials and determined that its current stock price of $2.1 is undervalued by 12.6%. Thus, KOPIN CORPORATION stock is trading at a fair price. More…
Peers
The company’s products are used in a variety of applications, including video eyewear, head-mounted displays, and medical and military equipment. Kopin’s competitors include Vicor Corp, eMagin Corp, and RiTdisplay Corp.
– Vicor Corp ($NASDAQ:VICR)
Vicor Corporation is a leading provider of power solutions. The company’s products enable the efficient generation, distribution, and utilization of power in industrial, commercial, and military applications. Vicor’s innovative solutions are used in a variety of end markets, including aerospace and defense, data centers, electric vehicles, factory automation, medical equipment, renewable energy, and telecommunications. The company’s products are based on its proprietary Power-on-Package technology, which utilizes silicon-based electrical components to deliver power in a more efficient and compact form factor than traditional power solutions.
Vicor’s market cap as of 2022 is 2.59B. The company has a Return on Equity of 4.77%. Vicor’s products enable the efficient generation, distribution, and utilization of power in industrial, commercial, and military applications. The company’s innovative solutions are used in a variety of end markets, including aerospace and defense, data centers, electric vehicles, factory automation, medical equipment, renewable energy, and telecommunications.
– eMagin Corp ($NYSEAM:EMAN)
eMagin Corporation designs, develops, manufactures, and markets OLED-on-silicon microdisplays and virtual imaging products primarily in North America, Europe, and Asia. The company offers miniature displays that utilize OLED technology for use in near-eye imaging applications, including military, industrial, medical, and consumer products. Its microdisplays provide a high contrast ratio, a wide field of view, a large eyebox, and a low power consumption. The company provides its displays to original equipment manufacturers for incorporation into various virtual imaging systems, including head-mounted displays for military, industrial, and medical applications; augmented reality systems for military, industrial, and medical applications; heads-up displays for military aircraft; night vision goggles; thermal weapon sights; simulation and training systems; and consumer electronic devices, such as video eyewear and head-mounted displays. eMagin Corporation was founded in 1996 and is headquartered in Bellevue, Washington.
– RiTdisplay Corp ($TWSE:8104)
RiTdisplay Corp is a company that manufactures and sells display products. The company has a market cap of 2.52B as of 2022 and a Return on Equity of 4.63%. RiTdisplay Corp’s products include LCDs, OLEDs, and other display technologies. The company’s products are used in a variety of applications, including mobile devices, computers, and television displays.
Summary
KOPIN Corporation (NASDAQ: KOPN) is an electronics company focused on developing next-generation vision solutions. Recently, KOPIN and MICLEDI Microdisplays announced an agreement to collaborate on microLED displays. On the day of the announcement, KOPIN’s stock price rose significantly. This could be an attractive entry point for investors interested in gaining exposure to innovations in the microLED display market. KOPIN has been making strategic investments and partnerships to strengthen its foothold in vision solutions, which could help drive long-term growth.
Additionally, KOPIN has a strong balance sheet, with no debt and a significant amount of cash on hand, suggesting that there may be potential upside for investors.
