DZS Inc.

OTCPK:DZSI 株式レポート

時価総額:US$2.2m

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

DZS バランスシートの健全性

財務の健全性 基準チェック /36

DZSの総株主資本は$32.3M 、総負債は$16.4Mで、負債比率は50.8%となります。総資産と総負債はそれぞれ$178.5Mと$146.2Mです。

主要情報

50.79%

負債資本比率

US$16.42m

負債

インタレスト・カバレッジ・レシオn/a
現金US$4.30m
エクイティUS$32.33m
負債合計US$146.17m
総資産US$178.50m

財務の健全性に関する最新情報

Recent updates

分析記事 Mar 20

Is DZS (NASDAQ:DZSI) Using Debt In A Risky Way?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 Nov 01

DZS (NASDAQ:DZSI) Is Carrying A Fair Bit Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Seeking Alpha Sep 05

DZS: Stock With High Growth And Low Valuation

Summary DZS is a small, underfollowed stock with strong growth potential. The company can widen margins as it grows its software and services business. The reasonable valuation and high expected growth can drive the stock to outperform. This article on DZS Inc. (DZSI) has some similarities as my last one on Broadcom (AVGO). Similar to Broadcom, DZS Inc. is involved in the broadband business, has an attractive valuation, strong growth, and the potential for widening margins. One of the main differences is that Broadcom is a large, well-known company, while DZSI is a small, underfollowed company. I expect DZSI to outperform the S&P 500 over the next several years due to the likelihood of the company achieving above-average growth from a reasonable valuation. DZSI has positive growth catalysts that are likely to provide a boost for the stock over multiple years. Company Background DZSI provides Broadband network access solutions and communications platforms in North & South America, Europe, the Middle East, Asia, and Africa. The company's Velocity product offers Broadband connectivity solutions, high-definition video, high-speed internet access, switching & routing products, and business class services. The XCelerate product increases the velocity so that service providers can leap to multi-gigabit services. DZS Helix offers connected home and business solutions. DZS Chrome enables mobile operators to upgrade to 5G wireless technology. DZSI also offers cloud software solutions that support RAN and 4G/5G networks through DZS Cloud. Positive Growth Catalysts DZSI is seeing strong demand for its solutions even in the face of economic uncertainty. This demonstrates that the company's business has some resilience during economic downturns. DZSI's service provider customers are focused on upgrading their fixed and mobile networks to increase customer retention and revenue while lowering operating costs. DZSI's solutions help service providers accomplish those goals. The current and future broadband environment acts as a tailwind for DZSI and its customers. Reliable connections are important for businesses and workers to operate efficiently and for consumers to enjoy entertainment when they are not working. The work-from-home trend shows the need for reliable broadband connections. The global broadband services market is expected to grow at about 9.1% annually to be worth about $707 billion by 2028. The expected growth is being driven by the demand for advancing technology providing improved user convenience/consumer awareness, proactive government initiatives, and the increased use of various devices (smartphones, tablets, notebooks, and other connected devices). Other drivers of broadband growth include: increased video calls for conferences and personal use, more online classes in education, increased online shopping, and increased consumption of online entertainment. DZSI is expected to grow revenue by about 14% to 15% and earnings by 70% in 2023 according to consensus estimates. The company is expected to average 20% annual earnings growth over the next 3 to 5 years. As a comparison, companies comprising the S&P 500 (SPY) are expected to grow earnings at an average of about 12% annually over the same period. DZSI's above-average growth has the likely potential to drive the stock to possibly outperform the broader market as measured by the S&P 500. Potential for Increased Profit Margins Currently, DZSI's gross margin of 33% lags the sector median GM of 50%. However, DZSI can increase its GM by growing its software and service business. One bright spot for this portion of the business is that the total addressable market for cloud software is expected to grow at a CAGR of 41% over the next 2 years. Over the past two years, DZSI built a cloud software portfolio that complements the company's other solutions. DZSI acquired RIFT a disruptive cloud platform in 2021. In Q2 of 2022, the company acquired ASSIA's Service Assurance and WiFi management software portfolio. Software tends to have wider margins than hardware. As a result, DZSI can help drive higher margins by increasing recurring software revenue over time. The company stated in its latest SEC filing that this is one of their initiatives. The company expects to achieve a gross margin of 33% to 35% in Q3 2022 with the full year GM expected to be 32.5% to 34.5%. DZSI is increasing transparency by reporting 2 business segments starting with Q3 2022. The Software and Services segment currently comprises 9% of total revenue. Reporting this segment will allow investors to see the growth of the software/services portion of the business which can help increase profitability over the long term. The other reportable segment will be Access Networking which is DZSI's broadband connectivity and mobile transport offerings. Valuation Since DZSI is a high-growth company, I like to use the PEG ratio to analyze the valuation since it takes the 3- to 5-year earnings growth rate into consideration. DZSI is trading with a PEG of 1.88. This is right in the reasonably valued range of between 1 and 2 for the high-growth companies that I have covered. Companies trading in this range with high earnings growth tend to outperform the S&P 500. DZSI is trading slightly above the Communication Equipment industry's PEG ratio of 1.74. However, DZSI is still trading at a fair valuation with its PEG ratio under 2. StockCharts.com The weekly stock chart above shows the price dropping to the 200-day moving average. The 200-day has provided support for the stock on the weekly chart on numerous occasions. So, it is possible that it bounces higher from here again. The money flow ((CMF)) has been increasing since November 2021. This indicates that investors were accumulating the stock during this time after the sharp sell-off last year.
Seeking Alpha Aug 01

DZS Q2 Non-GAAP EPS, revenue misses, FY22, Q3 revenue guidance provided

DZS press release (NASDAQ:DZSI): Q2 Non-GAAP EPS of -$0.02 misses by $0.09 (vs. -$0.03 in prior-year quarter). Revenue of $91M (+10.0% Y/Y) misses by $3.85M. For Q3, revenue is expected to be between $100M and $110M, while FY22 revenue is expected to be between $380M and $410M. Shares -0.61%.
Seeking Alpha Jul 06

DZS forms strategic distribution collaboration with ACA Pacific Technology

DZS (NASDAQ:DZSI) said on Wednesday that it has entered a strategic distribution partnership with ACA Pacific Technology. The integration will further strengthen the rapidly growing DZS presence in Asia and brings the DZS next-generation Access Edge, Home Edge and Mobile & Optical Edge systems and its expansive DZS Cloud platform to service provider and enterprise customers across Malaysia, Singapore and Indonesia. Per the terms, ACA Pacific will distribute to its customers in Malaysia, Singapore and Indonesia solutions from the DZS Velocity Access Edge portfolio, DZS Helix Home Edge portfolio and powerful in-home WiFi solutions.

財務状況分析

短期負債: DZSIの 短期資産 ( $134.2M ) が 短期負債 ( $110.1M ) を超えています。

長期負債: DZSIの短期資産 ( $134.2M ) が 長期負債 ( $36.1M ) を上回っています。


デット・ツー・エクイティの歴史と分析

負債レベル: DZSIの 純負債対資本比率 ( 37.5% ) は 満足できる 水準であると考えられます。

負債の削減: DZSIの負債対資本比率は、過去 5 年間で47.3%から50.8%に増加しました。


貸借対照表


キャッシュ・ランウェイ分析

過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。

安定したキャッシュランウェイ: DZSIは、現在の フリーキャッシュフロー に基づくと、キャッシュランウェイ が 1 年未満です。

キャッシュランウェイの予測: DZSIは、フリーキャッシュフローが毎年31.1 % の歴史的率で減少し続ける場合、キャッシュランウェイが 1 年未満になります。


健全な企業の発掘

企業分析と財務データの現状

データ最終更新日(UTC時間)
企業分析2025/03/17 13:16
終値2025/03/14 00:00
収益2024/09/30
年間収益2023/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドYoutubeのチュートリアルも掲載しています。

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業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

DZS Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6

アナリスト機関
Ku KangB. Riley Securities, Inc.
Christian SchwabCraig-Hallum Capital Group LLC
Ryan KoontzNeedham & Company