TAITRON COMPONENTS INC-CL A (TAIT)
US8740281030 - Common Stock
We assign a fundamental rating of 6 out of 10 to TAIT. TAIT was compared to 127 industry peers in the Electronic Equipment, Instruments & Components industry. TAIT gets an excellent profitability rating and is at the same time showing great financial health properties. TAIT has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TAIT was profitable.
In the past year TAIT had a positive cash flow from operations.
In the past 5 years TAIT has always been profitable.
In the past 5 years TAIT always reported a positive cash flow from operatings.
1.2 Ratios
TAIT has a Return On Assets of 10.22%. This is amongst the best in the industry. TAIT outperforms 90.48% of its industry peers.
TAIT has a Return On Equity of 10.93%. This is in the better half of the industry: TAIT outperforms 76.19% of its industry peers.
TAIT has a better Return On Invested Capital (5.80%) than 64.29% of its industry peers.
TAIT had an Average Return On Invested Capital over the past 3 years of 9.68%. This is in line with the industry average of 9.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.22% | ||
| ROE | 10.93% | ||
| ROIC | 5.8% |
ROA(3y)13.57%
ROA(5y)11.18%
ROE(3y)14.94%
ROE(5y)12.23%
ROIC(3y)9.68%
ROIC(5y)7.98%
1.3 Margins
TAIT has a better Profit Margin (30.14%) than 100.00% of its industry peers.
In the last couple of years the Profit Margin of TAIT has grown nicely.
TAIT has a better Operating Margin (19.58%) than 96.83% of its industry peers.
In the last couple of years the Operating Margin of TAIT has grown nicely.
TAIT's Gross Margin of 56.49% is amongst the best of the industry. TAIT outperforms 92.06% of its industry peers.
TAIT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.58% | ||
| PM (TTM) | 30.14% | ||
| GM | 56.49% |
OM growth 3Y7.83%
OM growth 5Y2.61%
PM growth 3Y14.17%
PM growth 5Y12.47%
GM growth 3Y4.86%
GM growth 5Y5.09%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TAIT is still creating some value.
The number of shares outstanding for TAIT has been increased compared to 1 year ago.
The number of shares outstanding for TAIT has been increased compared to 5 years ago.
There is no outstanding debt for TAIT. 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 11.51 indicates that TAIT is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 11.51, TAIT belongs to the best of the industry, outperforming 91.27% of the companies in the same industry.
There is no outstanding debt for TAIT. 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 | 0 | ||
| Altman-Z | 11.51 |
ROIC/WACC0.63
WACC9.22%
2.3 Liquidity
TAIT has a Current Ratio of 11.01. This indicates that TAIT is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 11.01, TAIT belongs to the best of the industry, outperforming 92.06% of the companies in the same industry.
TAIT has a Quick Ratio of 8.78. This indicates that TAIT is financially healthy and has no problem in meeting its short term obligations.
TAIT has a Quick ratio of 8.78. This is amongst the best in the industry. TAIT outperforms 92.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 11.01 | ||
| Quick Ratio | 8.78 |
3. Growth
3.1 Past
The earnings per share for TAIT have decreased strongly by -38.20% in the last year.
Measured over the past 5 years, TAIT shows a small growth in Earnings Per Share. The EPS has been growing by 4.98% on average per year.
The Revenue for TAIT has decreased by -27.45% in the past year. This is quite bad
The Revenue has been decreasing by -5.77% on average over the past years.
EPS 1Y (TTM)-38.2%
EPS 3Y9.98%
EPS 5Y4.98%
EPS growth Q2Q275.2%
Revenue 1Y (TTM)-27.45%
Revenue growth 3Y-3.04%
Revenue growth 5Y-5.77%
Revenue growth Q2Q-45.56%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
TAIT is valuated reasonably with a Price/Earnings ratio of 9.52.
Compared to the rest of the industry, the Price/Earnings ratio of TAIT indicates a rather cheap valuation: TAIT is cheaper than 93.65% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.28, TAIT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.52 | ||
| Fwd PE | N/A |
4.2 Price Multiples
TAIT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TAIT is cheaper than 98.41% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TAIT is valued cheaper than 96.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.44 | ||
| EV/EBITDA | 3.99 |
4.3 Compensation for Growth
The excellent profitability rating of TAIT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.91
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.35%, TAIT is a good candidate for dividend investing.
TAIT's Dividend Yield is rather good when compared to the industry average which is at 1.73. TAIT pays more dividend than 99.21% of the companies in the same industry.
TAIT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.35% |
5.2 History
On average, the dividend of TAIT grows each year by 13.56%, which is quite nice.
TAIT has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)13.56%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
TAIT pays out 65.29% of its income as dividend. This is not a sustainable payout ratio.
The dividend of TAIT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP65.29%
EPS Next 2YN/A
EPS Next 3YN/A
TAITRON COMPONENTS INC-CL A
NASDAQ:TAIT (5/3/2024, 7:20:46 PM)
3.14
-0.01 (-0.32%)
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 Cap18.90M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.35% |
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)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(16)
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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 | 9.52 | ||
| Fwd PE | N/A | ||
| 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)N/A
PEG (5Y)1.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.22% | ||
| ROE | 10.93% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 19.58% | ||
| PM (TTM) | 30.14% | ||
| GM | 56.49% | ||
| 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 Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 11.01 | ||
| Quick Ratio | 8.78 | ||
| 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)-38.2%
EPS 3Y9.98%
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-27.45%
Revenue growth 3Y-3.04%
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