DAKTRONICS INC (DAKT)
US2342641097 - Common Stock
Taking everything into account, DAKT scores 7 out of 10 in our fundamental rating. DAKT was compared to 127 industry peers in the Electronic Equipment, Instruments & Components industry. DAKT gets an excellent profitability rating and is at the same time showing great financial health properties. A decent growth rate in combination with a cheap valuation! Better keep an eye on DAKT. This makes DAKT very considerable for value and quality investing!
1. Profitability
1.1 Basic Checks
In the past year DAKT was profitable.
DAKT had a positive operating cash flow in the past year.
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
With an excellent Return On Assets value of 10.72%, DAKT belongs to the best of the industry, outperforming 92.06% of the companies in the same industry.
With an excellent Return On Equity value of 22.65%, DAKT belongs to the best of the industry, outperforming 93.65% of the companies in the same industry.
DAKT has a Return On Invested Capital of 20.65%. This is amongst the best in the industry. DAKT outperforms 98.41% of its industry peers.
The Average Return On Invested Capital over the past 3 years for DAKT is below the industry average of 9.42%.
The last Return On Invested Capital (20.65%) for DAKT is above the 3 year average (5.09%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.72% | ||
| ROE | 22.65% | ||
| ROIC | 20.65% |
ROA(3y)1.5%
ROA(5y)0.87%
ROE(3y)3.11%
ROE(5y)1.82%
ROIC(3y)5.09%
ROIC(5y)N/A
1.3 Margins
DAKT has a Profit Margin of 6.59%. This is in the better half of the industry: DAKT outperforms 74.60% of its industry peers.
In the last couple of years the Profit Margin of DAKT has remained more or less at the same level.
With an excellent Operating Margin value of 10.59%, DAKT belongs to the best of the industry, outperforming 80.16% of the companies in the same industry.
In the last couple of years the Operating Margin of DAKT has grown nicely.
Looking at the Gross Margin, with a value of 26.98%, DAKT is in line with its industry, outperforming 46.03% of the companies in the same industry.
DAKT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.59% | ||
| PM (TTM) | 6.59% | ||
| GM | 26.98% |
OM growth 3YN/A
OM growth 5Y10.98%
PM growth 3Y122.26%
PM growth 5Y-0.34%
GM growth 3Y-4.13%
GM growth 5Y-3.4%
2. Health
2.1 Basic Checks
DAKT has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
DAKT has less shares outstanding than it did 1 year ago.
The number of shares outstanding for DAKT has been reduced compared to 5 years ago.
The debt/assets ratio for DAKT is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.14 indicates that DAKT is not in any danger for bankruptcy at the moment.
DAKT has a Altman-Z score of 4.14. This is in the better half of the industry: DAKT outperforms 74.60% of its industry peers.
DAKT has a debt to FCF ratio of 0.82. This is a very positive value and a sign of high solvency as it would only need 0.82 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.82, DAKT belongs to the top of the industry, outperforming 80.16% of the companies in the same industry.
A Debt/Equity ratio of 0.21 indicates that DAKT is not too dependend on debt financing.
DAKT has a Debt to Equity ratio (0.21) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 0.82 | ||
| Altman-Z | 4.14 |
ROIC/WACC2.22
WACC9.29%
2.3 Liquidity
DAKT has a Current Ratio of 2.21. This indicates that DAKT is financially healthy and has no problem in meeting its short term obligations.
DAKT has a Current ratio (2.21) which is in line with its industry peers.
DAKT has a Quick Ratio of 1.38. This is a normal value and indicates that DAKT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.38, DAKT is doing worse than 61.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 614.81% over the past year.
DAKT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.89% yearly.
The Revenue has grown by 14.94% in the past year. This is quite good.
The Revenue has been growing slightly by 4.32% on average over the past years.
EPS 1Y (TTM)614.81%
EPS 3Y34.71%
EPS 5Y12.89%
EPS growth Q2Q-50%
Revenue 1Y (TTM)14.94%
Revenue growth 3Y7.39%
Revenue growth 5Y4.32%
Revenue growth Q2Q-7.94%
3.2 Future
DAKT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 62.18% yearly.
DAKT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.09% yearly.
EPS Next Y400.73%
EPS Next 2Y93.19%
EPS Next 3Y62.18%
EPS Next 5YN/A
Revenue Next Year7.63%
Revenue Next 2Y5.85%
Revenue Next 3Y5.09%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.45, which indicates a rather cheap valuation of DAKT.
Compared to the rest of the industry, the Price/Earnings ratio of DAKT indicates a rather cheap valuation: DAKT is cheaper than 95.24% of the companies listed in the same industry.
DAKT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.28.
Based on the Price/Forward Earnings ratio of 12.61, the valuation of DAKT can be described as correct.
DAKT's Price/Forward Earnings ratio is rather cheap when compared to the industry. DAKT is cheaper than 84.13% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of DAKT to the average of the S&P500 Index (20.88), we can say DAKT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.45 | ||
| Fwd PE | 12.61 |
4.2 Price Multiples
DAKT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. DAKT is cheaper than 97.62% 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 94.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.83 | ||
| EV/EBITDA | 4.2 |
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.
The decent profitability rating of DAKT may justify a higher PE ratio.
A more expensive valuation may be justified as DAKT's earnings are expected to grow with 62.18% in the coming years.
PEG (NY)0.02
PEG (5Y)0.58
EPS Next 2Y93.19%
EPS Next 3Y62.18%
5. Dividend
5.1 Amount
No dividends for DAKT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DAKTRONICS INC
NASDAQ:DAKT (5/3/2024, 7:00:01 PM)
After market: 10.35 0 (0%)10.35
+0.23 (+2.27%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap478.07M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.45 | ||
| Fwd PE | 12.61 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.02
PEG (5Y)0.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.72% | ||
| ROE | 22.65% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 10.59% | ||
| PM (TTM) | 6.59% | ||
| GM | 26.98% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.21 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)614.81%
EPS 3Y34.71%
EPS 5Y
EPS growth Q2Q
EPS Next Y400.73%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)14.94%
Revenue growth 3Y7.39%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y