DZS Inc.

OTCPK:DZSI 주식 리포트

시가총액: US$2.2m

This company listing is no longer active

This company may still be operating, however this listing is no longer active.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

DZS 대차대조표 건전성

재무 건전성 기준 점검 3/6

DZS 의 총 주주 지분은 $32.3M 이고 총 부채는 $16.4M, 이는 부채 대 자기자본 비율을 50.8% 로 가져옵니다. 총자산과 총부채는 각각 $178.5M 및 $146.2M 입니다.

핵심 정보

50.79%

부채/자본 비율

US$16.42m

부채

이자보상배율n/a
현금US$4.30m
자본US$32.33m
총부채US$146.17m
총자산US$178.50m

최근 재무 건전성 업데이트

Recent updates

분석 기사 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...
분석 기사 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.

재무 상태 분석

단기부채: DZSI 의 단기 자산 ( $134.2M )이 단기 부채( $110.1M ).

장기 부채: DZSI의 단기 자산($134.2M)이 장기 부채($36.1M)를 초과합니다.


부채/자본 비율 추이 및 분석

부채 수준: DZSI 의 순부채 대 자기자본 비율( 37.5% )은 satisfactory로 간주됩니다.

부채 감소: DZSI의 부채 대비 자본 비율은 지난 5년 동안 47.3%에서 50.8%로 증가했습니다.


대차대조표


현금 보유 기간 분석

과거에 평균적으로 손실을 기록해 온 기업의 경우, 최소 1년 이상의 현금 보유 기간이 있는지 평가합니다.

안정적인 현금 활주로: DZSI 현재 무료 현금 흐름을 기준으로 1년 미만의 cash runway를 보유하고 있습니다.

예측 현금 활주로: 무료 현금 흐름이 매년 31.1 %의 역사적 비율로 계속 감소할 경우 DZSI 의 현금 활주로는 1년 미만입니다.


건전한 기업 찾아보기

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2025/03/17 05:13
종가2025/03/14 00:00
수익2024/09/30
연간 수익2023/12/31

데이터 소스

당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.

패키지데이터기간미국 소스 예시 *
기업 재무제표10년
  • 손익계산서
  • 현금흐름표
  • 대차대조표
분석가 컨센서스 추정치+3년
  • 재무 예측
  • 분석가 목표주가
시장 가격30년
  • 주가
  • 배당, 분할 및 기타 조치
지분 구조10년
  • 주요 주주
  • 내부자 거래
경영진10년
  • 리더십 팀
  • 이사회
주요 개발10년
  • 회사 공시

* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.

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분석가 소스

DZS Inc.는 6명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
Ku KangB. Riley Securities, Inc.
Christian SchwabCraig-Hallum Capital Group LLC
Ryan KoontzNeedham & Company