DAKTRONICS INC (DAKT) Stock Fundamental Analysis
USA - NASDAQ:DAKT - US2342641097 - Common Stock
18.79 USD
-0.46 (-2.39%)
18.79 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to DAKT. DAKT was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. DAKT is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. DAKT has a decent growth rate and is not valued too expensively.
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
DAKT has a Return On Assets (2.07%) which is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 4.04%, DAKT is in line with its industry, outperforming 56.45% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.38%, DAKT is in the better half of the industry, outperforming 66.13% of the companies in the same industry.
DAKT had an Average Return On Invested Capital over the past 3 years of 9.83%. This is in line with the industry average of 9.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.07% | ||
| ROE | 4.04% | ||
| ROIC | 6.38% |
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 Profit Margin of 1.51% is in line compared to the rest of the industry. DAKT outperforms 54.03% of its industry peers.
DAKT has a better Operating Margin (4.49%) than 60.48% of its industry peers.
DAKT's Operating Margin has improved in the last couple of years.
The Gross Margin of DAKT (26.80%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of DAKT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.49% | ||
| PM (TTM) | 1.51% | ||
| GM | 26.8% |
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.
The number of shares outstanding for DAKT has been increased compared to 5 years ago.
DAKT has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.54 indicates that DAKT is not in any danger for bankruptcy at the moment.
DAKT's Altman-Z score of 4.54 is fine compared to the rest of the industry. DAKT outperforms 67.74% of its industry peers.
The Debt to FCF ratio of DAKT is 0.14, which is an excellent value as it means it would take DAKT, only 0.14 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of DAKT (0.14) is better than 84.68% of its industry peers.
DAKT has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.04, DAKT perfoms like the industry average, outperforming 58.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.14 | ||
| Altman-Z | 4.54 |
ROIC/WACC0.7
WACC9.16%
2.3 Liquidity
DAKT has a Current Ratio of 2.07. This indicates that DAKT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.07, DAKT is in line with its industry, outperforming 44.35% of the companies in the same industry.
A Quick Ratio of 1.54 indicates that DAKT should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.54, DAKT is in line with its industry, outperforming 45.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
DAKT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.56%.
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.
DAKT shows a decrease in Revenue. In the last year, the revenue decreased by -7.67%.
DAKT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.44% yearly.
EPS 1Y (TTM)-18.56%
EPS 3Y100.83%
EPS 5Y55.18%
EPS Q2Q%-5.71%
Revenue 1Y (TTM)-7.67%
Revenue growth 3Y7.38%
Revenue growth 5Y4.44%
Sales Q2Q%-3.15%
3.2 Future
DAKT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.18% yearly.
The Revenue is expected to grow by 7.42% on average over the next years.
EPS Next Y27.81%
EPS Next 2Y23.18%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.68%
Revenue Next 2Y7.42%
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
A Price/Earnings ratio of 23.78 indicates a rather expensive valuation of DAKT.
Based on the Price/Earnings ratio, DAKT is valued a bit cheaper than 70.16% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.83, DAKT is valued at the same level.
With a Price/Forward Earnings ratio of 15.29, DAKT is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DAKT indicates a rather cheap valuation: DAKT is cheaper than 84.68% of the companies listed in the same industry.
DAKT is valuated cheaply when we compare the Price/Forward Earnings ratio to 32.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.78 | ||
| Fwd PE | 15.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DAKT is valued a bit cheaper than the industry average as 71.77% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, DAKT is valued cheaply inside the industry as 95.16% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.65 | ||
| EV/EBITDA | 15.22 |
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 23.18% in the coming years.
PEG (NY)0.86
PEG (5Y)0.43
EPS Next 2Y23.18%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for DAKT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
18.79
-0.46 (-2.39%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners74.84%
Inst Owner Change-1.24%
Ins Owners1.87%
Ins Owner Change0.8%
Market Cap911.88M
Revenue(TTM)749.36M
Net Income(TTM)11.29M
Analysts82.86
Price Target28.05 (49.28%)
Short Float %2.88%
Short Ratio2.25
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)2
Avg EPS beat(2)22.25%
Min EPS beat(2)15.09%
Max EPS beat(2)29.41%
EPS beat(4)3
Avg EPS beat(4)-2.84%
Min EPS beat(4)-88.23%
Max EPS beat(4)32.35%
EPS beat(8)6
Avg EPS beat(8)16.46%
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)1
Avg Revenue beat(2)-6.09%
Min Revenue beat(2)-12.78%
Max Revenue beat(2)0.59%
Revenue beat(4)2
Avg Revenue beat(4)-6.36%
Min Revenue beat(4)-14.08%
Max Revenue beat(4)0.82%
Revenue beat(8)3
Avg Revenue beat(8)-5%
Revenue beat(12)6
Avg Revenue beat(12)-0.46%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)19.57%
PT rev (3m)33.06%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.62%
EPS NY rev (1m)0%
EPS NY rev (3m)7.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.78 | ||
| Fwd PE | 15.29 | ||
| P/S | 1.22 | ||
| P/FCF | 10.65 | ||
| P/OCF | 8.74 | ||
| P/B | 3.26 | ||
| P/tB | 3.3 | ||
| EV/EBITDA | 15.22 |
EPS(TTM)0.79
EY4.2%
EPS(NY)1.23
Fwd EY6.54%
FCF(TTM)1.76
FCFY9.39%
OCF(TTM)2.15
OCFY11.44%
SpS15.44
BVpS5.76
TBVpS5.69
PEG (NY)0.86
PEG (5Y)0.43
Graham Number10.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.07% | ||
| ROE | 4.04% | ||
| ROCE | 9.96% | ||
| ROIC | 6.38% | ||
| ROICexc | 10.72% | ||
| ROICexgc | 10.92% | ||
| OM | 4.49% | ||
| PM (TTM) | 1.51% | ||
| GM | 26.8% | ||
| FCFM | 11.43% |
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%
ROICexgc growth 3Y101.31%
ROICexgc 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-Score7
Asset Turnover1.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.14 | ||
| Debt/EBITDA | 0.19 | ||
| Cap/Depr | 96.13% | ||
| Cap/Sales | 2.5% | ||
| Interest Coverage | 13.16 | ||
| Cash Conversion | 196.36% | ||
| Profit Quality | 758.08% | ||
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.54 | ||
| Altman-Z | 4.54 |
F-Score7
WACC9.16%
ROIC/WACC0.7
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)-18.56%
EPS 3Y100.83%
EPS 5Y55.18%
EPS Q2Q%-5.71%
EPS Next Y27.81%
EPS Next 2Y23.18%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.67%
Revenue growth 3Y7.38%
Revenue growth 5Y4.44%
Sales Q2Q%-3.15%
Revenue Next Year7.68%
Revenue Next 2Y7.42%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-51.63%
EBIT growth 3Y102.3%
EBIT growth 5YN/A
EBIT Next Year90.02%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y126.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y82.74%
OCF growth 3YN/A
OCF growth 5Y55.32%
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 of DAKTRONICS INC (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.
How financially healthy is DAKTRONICS INC?
The financial health rating of DAKTRONICS INC (DAKT) is 7 / 10.
What is the earnings growth outlook for DAKTRONICS INC?
The Earnings per Share (EPS) of DAKTRONICS INC (DAKT) is expected to grow by 27.81% in the next year.