BYRNA TECHNOLOGIES INC (BYRN) Stock Fundamental Analysis
USA - NASDAQ:BYRN - US12448X2018 - Common Stock
22.8 USD
+0.19 (+0.84%)
23.48 USD
+0.68 (+2.98%)
BYRN gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 68 industry peers in the Aerospace & Defense industry. BYRN has an excellent financial health rating, but there are some minor concerns on its profitability. BYRN is valued quite expensively, but it does show have an excellent growth rating. With these ratings, BYRN could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
In the past year BYRN was profitable.
In the past year BYRN has reported a negative cash flow from operations.
In the past 5 years BYRN reported 4 times negative net income.
The reported operating cash flow has been mixed in the past 5 years: BYRN reported negative operating cash flow in multiple years.
1.2 Ratios
With an excellent Return On Assets value of 19.09%, BYRN belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 24.59%, BYRN belongs to the top of the industry, outperforming 92.65% of the companies in the same industry.
BYRN's Return On Invested Capital of 12.65% is amongst the best of the industry. BYRN outperforms 92.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.09% | ||
| ROE | 24.59% | ||
| ROIC | 12.65% |
ROA(3y)-3.9%
ROA(5y)-15.32%
ROE(3y)-4.33%
ROE(5y)-33.75%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 14.28%, BYRN belongs to the top of the industry, outperforming 91.18% of the companies in the same industry.
BYRN has a Operating Margin of 9.60%. This is in the better half of the industry: BYRN outperforms 61.76% of its industry peers.
The Gross Margin of BYRN (61.88%) is better than 95.59% of its industry peers.
BYRN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.6% | ||
| PM (TTM) | 14.28% | ||
| GM | 61.88% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.26%
GM growth 5Y30.43%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BYRN is creating some value.
Compared to 1 year ago, BYRN has more shares outstanding
Compared to 5 years ago, BYRN has more shares outstanding
BYRN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 19.22 indicates that BYRN is not in any danger for bankruptcy at the moment.
BYRN's Altman-Z score of 19.22 is amongst the best of the industry. BYRN outperforms 97.06% of its industry peers.
BYRN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 19.22 |
ROIC/WACC1.32
WACC9.62%
2.3 Liquidity
A Current Ratio of 3.63 indicates that BYRN has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.63, BYRN belongs to the top of the industry, outperforming 80.88% of the companies in the same industry.
A Quick Ratio of 1.53 indicates that BYRN should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.53, BYRN perfoms like the industry average, outperforming 58.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.63 | ||
| Quick Ratio | 1.53 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1450.00% over the past year.
BYRN shows a strong growth in Revenue. In the last year, the Revenue has grown by 73.55%.
The Revenue has been growing by 147.68% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)1450%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-16.67%
Revenue 1Y (TTM)73.55%
Revenue growth 3Y26.7%
Revenue growth 5Y147.68%
Sales Q2Q%40.63%
3.2 Future
Based on estimates for the next years, BYRN will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.05% on average per year.
Based on estimates for the next years, BYRN will show a quite strong growth in Revenue. The Revenue will grow by 18.79% on average per year.
EPS Next Y-38.47%
EPS Next 2Y6.54%
EPS Next 3Y16.05%
EPS Next 5YN/A
Revenue Next Year36.96%
Revenue Next 2Y29.13%
Revenue Next 3Y29.15%
Revenue Next 5Y18.79%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
BYRN is valuated quite expensively with a Price/Earnings ratio of 36.77.
Compared to the rest of the industry, the Price/Earnings ratio of BYRN indicates a somewhat cheap valuation: BYRN is cheaper than 67.65% of the companies listed in the same industry.
BYRN's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.91.
Based on the Price/Forward Earnings ratio of 32.40, the valuation of BYRN can be described as expensive.
Based on the Price/Forward Earnings ratio, BYRN is valued a bit cheaper than the industry average as 64.71% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of BYRN to the average of the S&P500 Index (23.30), we can say BYRN is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.77 | ||
| Fwd PE | 32.4 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BYRN is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 42.06 |
4.3 Compensation for Growth
The decent profitability rating of BYRN may justify a higher PE ratio.
A more expensive valuation may be justified as BYRN's earnings are expected to grow with 16.05% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y6.54%
EPS Next 3Y16.05%
5. Dividend
5.1 Amount
No dividends for BYRN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
22.8
+0.19 (+0.84%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners65.32%
Inst Owner Change0%
Ins Owners19.32%
Ins Owner Change0.07%
Market Cap517.56M
Analysts83.64
Price Target39.27 (72.24%)
Short Float %22.61%
Short Ratio8.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)58.56%
Min EPS beat(2)21.04%
Max EPS beat(2)96.08%
EPS beat(4)4
Avg EPS beat(4)104.71%
Min EPS beat(4)21.04%
Max EPS beat(4)254.68%
EPS beat(8)6
Avg EPS beat(8)-36.83%
EPS beat(12)8
Avg EPS beat(12)-9.3%
EPS beat(16)9
Avg EPS beat(16)-27.67%
Revenue beat(2)1
Avg Revenue beat(2)0.38%
Min Revenue beat(2)-0.77%
Max Revenue beat(2)1.52%
Revenue beat(4)1
Avg Revenue beat(4)-0.75%
Min Revenue beat(4)-2.03%
Max Revenue beat(4)1.52%
Revenue beat(8)4
Avg Revenue beat(8)4.49%
Revenue beat(12)4
Avg Revenue beat(12)-1.24%
Revenue beat(16)5
Avg Revenue beat(16)-1.7%
PT rev (1m)0%
PT rev (3m)7.32%
EPS NQ rev (1m)3.23%
EPS NQ rev (3m)-29.28%
EPS NY rev (1m)-5.08%
EPS NY rev (3m)6.86%
Revenue NQ rev (1m)4.13%
Revenue NQ rev (3m)2.37%
Revenue NY rev (1m)1.09%
Revenue NY rev (3m)1.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.77 | ||
| Fwd PE | 32.4 | ||
| P/S | 5 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 8.61 | ||
| P/tB | 9.47 | ||
| EV/EBITDA | 42.06 |
EPS(TTM)0.62
EY2.72%
EPS(NY)0.7
Fwd EY3.09%
FCF(TTM)-0.38
FCFYN/A
OCF(TTM)-0.15
OCFYN/A
SpS4.56
BVpS2.65
TBVpS2.41
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.09% | ||
| ROE | 24.59% | ||
| ROCE | 16.01% | ||
| ROIC | 12.65% | ||
| ROICexc | 16% | ||
| ROICexgc | 18% | ||
| OM | 9.6% | ||
| PM (TTM) | 14.28% | ||
| GM | 61.88% | ||
| FCFM | N/A |
ROA(3y)-3.9%
ROA(5y)-15.32%
ROE(3y)-4.33%
ROE(5y)-33.75%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.26%
GM growth 5Y30.43%
F-Score6
Asset Turnover1.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 289.39% | ||
| Cap/Sales | 5.06% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.63 | ||
| Quick Ratio | 1.53 | ||
| Altman-Z | 19.22 |
F-Score6
WACC9.62%
ROIC/WACC1.32
Cap/Depr(3y)202.29%
Cap/Depr(5y)309.93%
Cap/Sales(3y)3.87%
Cap/Sales(5y)4.86%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1450%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-16.67%
EPS Next Y-38.47%
EPS Next 2Y6.54%
EPS Next 3Y16.05%
EPS Next 5YN/A
Revenue 1Y (TTM)73.55%
Revenue growth 3Y26.7%
Revenue growth 5Y147.68%
Sales Q2Q%40.63%
Revenue Next Year36.96%
Revenue Next 2Y29.13%
Revenue Next 3Y29.15%
Revenue Next 5Y18.79%
EBIT growth 1Y407.83%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year212.26%
EBIT Next 3Y92.43%
EBIT Next 5Y53.44%
FCF growth 1Y-58.05%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y15.81%
OCF growth 3YN/A
OCF growth 5YN/A