21.52 USD
-0.45 (-2.05%)
DAKT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. DAKT has an average financial health and profitability rating. DAKT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year DAKT was profitable.
- 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
- Looking at the Return On Assets, with a value of 1.34%, DAKT is in line with its industry, outperforming 52.42% of the companies in the same industry.
- DAKT has a Return On Equity (2.48%) which is comparable to the rest of the industry.
- DAKT has a Return On Invested Capital of 7.11%. This is in the better half of the industry: DAKT outperforms 72.58% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for DAKT is in line with the industry average of 8.83%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.34% | ||
| ROE | 2.48% | ||
| ROIC | 7.11% |
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
- The Profit Margin of DAKT (0.96%) is comparable to the rest of the industry.
- DAKT has a better Operating Margin (5.12%) than 63.71% of its industry peers.
- In the last couple of years the Operating Margin of DAKT has grown nicely.
- DAKT has a Gross Margin (26.85%) which is in line with its industry peers.
- DAKT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.12% | ||
| PM (TTM) | 0.96% | ||
| GM | 26.85% |
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
- DAKT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, DAKT has more shares outstanding
- Compared to 5 years ago, DAKT has more shares outstanding
- The debt/assets ratio for DAKT has been reduced compared to a year ago.
2.2 Solvency
- DAKT has an Altman-Z score of 5.12. This indicates that DAKT is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of DAKT (5.12) is better than 71.77% of its industry peers.
- DAKT has a debt to FCF ratio of 0.19. This is a very positive value and a sign of high solvency as it would only need 0.19 years to pay back of all of its debts.
- DAKT has a better Debt to FCF ratio (0.19) than 86.29% of its industry peers.
- DAKT has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of DAKT (0.03) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.19 | ||
| Altman-Z | 5.12 |
ROIC/WACC0.46
WACC15.56%
2.3 Liquidity
- A Current Ratio of 2.23 indicates that DAKT has no problem at all paying its short term obligations.
- DAKT has a Current ratio (2.23) which is comparable to the rest of the industry.
- DAKT has a Quick Ratio of 1.71. 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 (1.71) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.23 | ||
| Quick Ratio | 1.71 |
3. Growth
3.1 Past
- The earnings per share for DAKT have decreased strongly by -10.31% in the last year.
- Measured over the past years, DAKT shows a very strong growth in Earnings Per Share. The EPS has been growing by 55.18% on average per year.
- The Revenue has decreased by -6.13% in the past year.
- Measured over the past years, DAKT shows a small growth in Revenue. The Revenue has been growing by 4.44% on average per year.
EPS 1Y (TTM)-10.31%
EPS 3Y100.83%
EPS 5Y55.18%
EPS Q2Q%29.63%
Revenue 1Y (TTM)-6.13%
Revenue growth 3Y7.38%
Revenue growth 5Y4.44%
Sales Q2Q%10.04%
3.2 Future
- The Earnings Per Share is expected to grow by 23.18% on average over the next years. This is a very strong growth
- Based on estimates for the next years, DAKT will show a small growth in Revenue. The Revenue will grow by 7.91% on average per year.
EPS Next Y34.74%
EPS Next 2Y23.18%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.46%
Revenue Next 2Y7.91%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 24.74, DAKT is valued on the expensive side.
- Based on the Price/Earnings ratio, DAKT is valued a bit cheaper than the industry average as 70.97% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of DAKT to the average of the S&P500 Index (27.30), we can say DAKT is valued inline with the index average.
- With a Price/Forward Earnings ratio of 17.51, DAKT is valued on the expensive side.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of DAKT indicates a rather cheap valuation: DAKT is cheaper than 80.65% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.32, DAKT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.74 | ||
| Fwd PE | 17.51 |
4.2 Price Multiples
- DAKT's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DAKT is cheaper than 75.00% of the companies in the same industry.
- DAKT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. DAKT is cheaper than 86.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.1 | ||
| EV/EBITDA | 15.78 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- DAKT's earnings are expected to grow with 23.18% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.71
PEG (5Y)0.45
EPS Next 2Y23.18%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- No dividends for DAKT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
DAKTRONICS INC / DAKT FAQ
What is the fundamental rating for DAKT stock?
ChartMill assigns a fundamental rating of 5 / 10 to DAKT.
What is the valuation status for DAKT stock?
ChartMill assigns a valuation rating of 6 / 10 to DAKTRONICS INC (DAKT). This can be considered as Fairly Valued.
Can you provide the profitability details for DAKTRONICS INC?
DAKTRONICS INC (DAKT) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for DAKT stock?
The Price/Earnings (PE) ratio for DAKTRONICS INC (DAKT) is 24.74 and the Price/Book (PB) ratio is 3.51.
What is the financial health of DAKTRONICS INC (DAKT) stock?
The financial health rating of DAKTRONICS INC (DAKT) is 6 / 10.