DAKTRONICS INC (DAKT) Stock Fundamental Analysis
NASDAQ:DAKT - US2342641097 - Common Stock
17.35 USD
-0.1 (-0.57%)
17.35 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to DAKT. DAKT was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. While DAKT has a great health rating, its profitability is only average at the moment. DAKT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
DAKT had positive earnings in the past year.
In the past year DAKT had a positive cash flow from operations.
DAKT had positive earnings in 4 of the past 5 years.
Of the past 5 years DAKT 4 years had a positive operating cash flow.
1.2 Ratios
DAKT's Return On Assets of -2.01% is in line compared to the rest of the industry. DAKT outperforms 45.97% of its industry peers.
The Return On Equity of DAKT (-3.72%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 6.41%, DAKT is in the better half of the industry, outperforming 68.55% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for DAKT is in line with the industry average of 9.70%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.01% | ||
| ROE | -3.72% | ||
| ROIC | 6.41% |
ROA(3y)2%
ROA(5y)1.81%
ROE(3y)4.72%
ROE(5y)4.02%
ROIC(3y)9.83%
ROIC(5y)7.08%
1.3 Margins
DAKT's Operating Margin of 4.38% is fine compared to the rest of the industry. DAKT outperforms 61.29% of its industry peers.
In the last couple of years the Operating Margin of DAKT has grown nicely.
DAKT has a Gross Margin (25.84%) which is comparable to the rest of the industry.
DAKT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.38% | ||
| PM (TTM) | N/A | ||
| GM | 25.84% |
OM growth 3Y88.4%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.6%
GM growth 5Y2.56%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DAKT is still creating some value.
DAKT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, DAKT has more shares outstanding
Compared to 1 year ago, DAKT has an improved debt to assets ratio.
2.2 Solvency
DAKT has an Altman-Z score of 4.80. This indicates that DAKT is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 4.80, DAKT is doing good in the industry, outperforming 69.35% of the companies in the same industry.
DAKT has a debt to FCF ratio of 0.15. This is a very positive value and a sign of high solvency as it would only need 0.15 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.15, DAKT belongs to the top of the industry, outperforming 86.29% of the companies in the same industry.
A Debt/Equity ratio of 0.04 indicates that DAKT is not too dependend on debt financing.
DAKT's Debt to Equity ratio of 0.04 is fine compared to the rest of the industry. DAKT outperforms 60.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.15 | ||
| Altman-Z | 4.8 |
ROIC/WACC0.67
WACC9.5%
2.3 Liquidity
A Current Ratio of 2.22 indicates that DAKT has no problem at all paying its short term obligations.
DAKT has a Current ratio (2.22) which is in line with its industry peers.
DAKT has a Quick Ratio of 1.60. This is a normal value and indicates that DAKT is financially healthy and should not expect problems in meeting its short term obligations.
DAKT has a Quick ratio (1.60) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.22 | ||
| Quick Ratio | 1.6 |
3. Growth
3.1 Past
The earnings per share for DAKT have decreased strongly by -31.93% in the last year.
DAKT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 55.18% yearly.
Looking at the last year, DAKT shows a decrease in Revenue. The Revenue has decreased by -7.53% in the last year.
The Revenue has been growing slightly by 4.44% on average over the past years.
EPS 1Y (TTM)-31.93%
EPS 3Y100.83%
EPS 5Y55.18%
EPS Q2Q%-33.33%
Revenue 1Y (TTM)-7.53%
Revenue growth 3Y7.38%
Revenue growth 5Y4.44%
Sales Q2Q%-20.07%
3.2 Future
Based on estimates for the next years, DAKT will show a very strong growth in Earnings Per Share. The EPS will grow by 22.93% on average per year.
DAKT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.83% yearly.
EPS Next Y22.57%
EPS Next 2Y22.93%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.24%
Revenue Next 2Y5.83%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 21.42, which indicates a rather expensive current valuation of DAKT.
Based on the Price/Earnings ratio, DAKT is valued a bit cheaper than 77.42% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.08, DAKT is valued a bit cheaper.
With a Price/Forward Earnings ratio of 17.48, DAKT is valued on the expensive side.
78.23% of the companies in the same industry are more expensive than DAKT, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.72, DAKT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.42 | ||
| Fwd PE | 17.48 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DAKT indicates a somewhat cheap valuation: DAKT is cheaper than 74.19% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, DAKT is valued cheaper than 95.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.9 | ||
| EV/EBITDA | 14.08 |
4.3 Compensation for Growth
DAKT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as DAKT's earnings are expected to grow with 22.93% in the coming years.
PEG (NY)0.95
PEG (5Y)0.39
EPS Next 2Y22.93%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for DAKT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
17.35
-0.1 (-0.57%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners73.79%
Inst Owner Change1.49%
Ins Owners1.89%
Ins Owner Change0.74%
Market Cap852.23M
Analysts85
Price Target23.46 (35.22%)
Short Float %5.09%
Short Ratio5.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-36.57%
Min EPS beat(2)-88.23%
Max EPS beat(2)15.09%
EPS beat(4)3
Avg EPS beat(4)-4.56%
Min EPS beat(4)-88.23%
Max EPS beat(4)32.35%
EPS beat(8)6
Avg EPS beat(8)41.38%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-13.43%
Min Revenue beat(2)-14.08%
Max Revenue beat(2)-12.78%
Revenue beat(4)1
Avg Revenue beat(4)-7.32%
Min Revenue beat(4)-14.08%
Max Revenue beat(4)0.82%
Revenue beat(8)3
Avg Revenue beat(8)-3.16%
Revenue beat(12)6
Avg Revenue beat(12)-0.4%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)11.29%
PT rev (3m)11.29%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.04%
EPS NY rev (1m)3.55%
EPS NY rev (3m)3.55%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.87%
Revenue NY rev (1m)0.36%
Revenue NY rev (3m)0.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.42 | ||
| Fwd PE | 17.48 | ||
| P/S | 1.13 | ||
| P/FCF | 10.9 | ||
| P/OCF | 8.72 | ||
| P/B | 3.13 | ||
| P/tB | 3.18 | ||
| EV/EBITDA | 14.08 |
EPS(TTM)0.81
EY4.67%
EPS(NY)0.99
Fwd EY5.72%
FCF(TTM)1.59
FCFY9.18%
OCF(TTM)1.99
OCFY11.47%
SpS15.4
BVpS5.54
TBVpS5.46
PEG (NY)0.95
PEG (5Y)0.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.01% | ||
| ROE | -3.72% | ||
| ROCE | 10.01% | ||
| ROIC | 6.41% | ||
| ROICexc | 10.43% | ||
| ROICexgc | 10.63% | ||
| OM | 4.38% | ||
| PM (TTM) | N/A | ||
| GM | 25.84% | ||
| FCFM | 10.34% |
ROA(3y)2%
ROA(5y)1.81%
ROE(3y)4.72%
ROE(5y)4.02%
ROIC(3y)9.83%
ROIC(5y)7.08%
ROICexc(3y)13.17%
ROICexc(5y)9.6%
ROICexgc(3y)13.4%
ROICexgc(5y)9.86%
ROCE(3y)15.35%
ROCE(5y)11.06%
ROICexcg growth 3Y101.31%
ROICexcg growth 5YN/A
ROICexc growth 3Y103.2%
ROICexc growth 5YN/A
OM growth 3Y88.4%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.6%
GM growth 5Y2.56%
F-Score5
Asset Turnover1.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.15 | ||
| Debt/EBITDA | 0.2 | ||
| Cap/Depr | 99.73% | ||
| Cap/Sales | 2.58% | ||
| Interest Coverage | 10.8 | ||
| Cash Conversion | 185.54% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.22 | ||
| Quick Ratio | 1.6 | ||
| Altman-Z | 4.8 |
F-Score5
WACC9.5%
ROIC/WACC0.67
Cap/Depr(3y)112.4%
Cap/Depr(5y)103.16%
Cap/Sales(3y)2.67%
Cap/Sales(5y)2.6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-31.93%
EPS 3Y100.83%
EPS 5Y55.18%
EPS Q2Q%-33.33%
EPS Next Y22.57%
EPS Next 2Y22.93%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.53%
Revenue growth 3Y7.38%
Revenue growth 5Y4.44%
Sales Q2Q%-20.07%
Revenue Next Year5.24%
Revenue Next 2Y5.83%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-61.98%
EBIT growth 3Y102.3%
EBIT growth 5YN/A
EBIT Next Year82.91%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y69.08%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y54.51%
OCF growth 3YN/A
OCF growth 5Y55.32%