BYRNA TECHNOLOGIES INC (BYRN) Stock Fundamental Analysis
NASDAQ:BYRN - Nasdaq - US12448X2018 - Common Stock - Currency: USD
Taking everything into account, BYRN scores 6 out of 10 in our fundamental rating. BYRN was compared to 65 industry peers in the Aerospace & Defense industry. While BYRN has a great health rating, its profitability is only average at the moment. BYRN is valued quite expensive, but it does show an excellent growth. These ratings would make BYRN suitable for growth investing!
1. Profitability
1.1 Basic Checks
BYRN had positive earnings in the past year.
BYRN had a positive operating cash flow in the past year.
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
BYRN has a Return On Assets of 20.33%. This is amongst the best in the industry. BYRN outperforms 100.00% of its industry peers.
BYRN has a Return On Equity of 25.41%. This is amongst the best in the industry. BYRN outperforms 93.85% of its industry peers.
BYRN's Return On Invested Capital of 11.46% is amongst the best of the industry. BYRN outperforms 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.33% | ||
| ROE | 25.41% | ||
| ROIC | 11.46% |
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 15.15%, BYRN belongs to the top of the industry, outperforming 92.31% of the companies in the same industry.
Looking at the Operating Margin, with a value of 8.95%, BYRN is in line with its industry, outperforming 60.00% of the companies in the same industry.
Looking at the Gross Margin, with a value of 61.97%, BYRN belongs to the top of the industry, outperforming 96.92% of the companies in the same industry.
In the last couple of years the Gross Margin of BYRN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.95% | ||
| PM (TTM) | 15.15% | ||
| GM | 61.97% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BYRN is still creating some value.
The number of shares outstanding for BYRN has been increased compared to 1 year ago.
BYRN has more shares outstanding than it did 5 years ago.
There is no outstanding debt for BYRN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 33.03 indicates that BYRN is not in any danger for bankruptcy at the moment.
BYRN's Altman-Z score of 33.03 is amongst the best of the industry. BYRN outperforms 100.00% of its industry peers.
There is no outstanding debt for BYRN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 33.03 |
ROIC/WACC1.14
WACC10.06%
2.3 Liquidity
A Current Ratio of 3.99 indicates that BYRN has no problem at all paying its short term obligations.
BYRN has a better Current ratio (3.99) than 81.54% of its industry peers.
A Quick Ratio of 2.09 indicates that BYRN has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.09, BYRN is in the better half of the industry, outperforming 67.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.99 | ||
| Quick Ratio | 2.09 |
3. Growth
3.1 Past
BYRN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 1700.00%, which is quite impressive.
Looking at the last year, BYRN shows a very strong growth in Revenue. The Revenue has grown by 87.24%.
The Revenue has been growing by 147.68% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)1700%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40%
Revenue 1Y (TTM)87.24%
Revenue growth 3Y26.7%
Revenue growth 5Y147.68%
Sales Q2Q%57.26%
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 12.26% 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-42.42%
EPS Next 2Y11.45%
EPS Next 3Y12.26%
EPS Next 5YN/A
Revenue Next Year34.98%
Revenue Next 2Y28.09%
Revenue Next 3Y30.28%
Revenue Next 5Y18.79%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
BYRN is valuated quite expensively with a Price/Earnings ratio of 51.84.
BYRN's Price/Earnings is on the same level as the industry average.
BYRN is valuated expensively when we compare the Price/Earnings ratio to 27.45, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 43.09, the valuation of BYRN can be described as expensive.
BYRN's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.90, BYRN is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.84 | ||
| Fwd PE | 43.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BYRN is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 71.29 |
4.3 Compensation for Growth
BYRN has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as BYRN's earnings are expected to grow with 12.26% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.45%
EPS Next 3Y12.26%
5. Dividend
5.1 Amount
BYRN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
33.18
+1.55 (+4.9%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners59.39%
Inst Owner Change14.15%
Ins Owners19.33%
Ins Owner Change1.09%
Market Cap752.19M
Analysts84
Price Target36.59 (10.28%)
Short Float %20.2%
Short Ratio8.23
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)175.38%
Min EPS beat(2)96.08%
Max EPS beat(2)254.68%
EPS beat(4)4
Avg EPS beat(4)157.7%
Min EPS beat(4)47.04%
Max EPS beat(4)254.68%
EPS beat(8)6
Avg EPS beat(8)-2.94%
EPS beat(12)7
Avg EPS beat(12)-16.34%
EPS beat(16)9
Avg EPS beat(16)13.78%
Revenue beat(2)1
Avg Revenue beat(2)-0.26%
Min Revenue beat(2)-2.03%
Max Revenue beat(2)1.52%
Revenue beat(4)2
Avg Revenue beat(4)0.75%
Min Revenue beat(4)-2.03%
Max Revenue beat(4)5.2%
Revenue beat(8)4
Avg Revenue beat(8)3.84%
Revenue beat(12)4
Avg Revenue beat(12)-1.38%
Revenue beat(16)6
Avg Revenue beat(16)1.81%
PT rev (1m)0.7%
PT rev (3m)0.7%
EPS NQ rev (1m)13.56%
EPS NQ rev (3m)24.62%
EPS NY rev (1m)1.45%
EPS NY rev (3m)-7.28%
Revenue NQ rev (1m)6.61%
Revenue NQ rev (3m)9.66%
Revenue NY rev (1m)2.51%
Revenue NY rev (3m)5.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 51.84 | ||
| Fwd PE | 43.09 | ||
| P/S | 7.89 | ||
| P/FCF | N/A | ||
| P/OCF | 187.02 | ||
| P/B | 13.24 | ||
| P/tB | 14.66 | ||
| EV/EBITDA | 71.29 |
EPS(TTM)0.64
EY1.93%
EPS(NY)0.77
Fwd EY2.32%
FCF(TTM)-0.04
FCFYN/A
OCF(TTM)0.18
OCFY0.53%
SpS4.2
BVpS2.51
TBVpS2.26
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.33% | ||
| ROE | 25.41% | ||
| ROCE | 14.5% | ||
| ROIC | 11.46% | ||
| ROICexc | 17.05% | ||
| ROICexgc | 19.82% | ||
| OM | 8.95% | ||
| PM (TTM) | 15.15% | ||
| GM | 61.97% | ||
| 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-Score7
Asset Turnover1.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 302.89% | ||
| Cap/Sales | 5.06% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 39.75% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.99 | ||
| Quick Ratio | 2.09 | ||
| Altman-Z | 33.03 |
F-Score7
WACC10.06%
ROIC/WACC1.14
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)1700%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40%
EPS Next Y-42.42%
EPS Next 2Y11.45%
EPS Next 3Y12.26%
EPS Next 5YN/A
Revenue 1Y (TTM)87.24%
Revenue growth 3Y26.7%
Revenue growth 5Y147.68%
Sales Q2Q%57.26%
Revenue Next Year34.98%
Revenue Next 2Y28.09%
Revenue Next 3Y30.28%
Revenue Next 5Y18.79%
EBIT growth 1Y243.07%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year234.99%
EBIT Next 3Y81.16%
EBIT Next 5Y53.44%
FCF growth 1Y92.95%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y145.86%
OCF growth 3YN/A
OCF growth 5YN/A