DB:1DAA

Stock Analysis Report

Executive Summary

Digital Ally, Inc. produces and sells digital video imaging and storage products for use in law enforcement, security, and commercial applications in the United States and internationally.


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Digital Ally's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1DAA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.3%

1DAA

1.7%

DE Electronic

-0.6%

DE Market


1 Year Return

-80.9%

1DAA

-28.3%

DE Electronic

-20.9%

DE Market

Return vs Industry: 1DAA underperformed the German Electronic industry which returned -28.3% over the past year.

Return vs Market: 1DAA underperformed the German Market which returned -20.9% over the past year.


Shareholder returns

1DAAIndustryMarket
7 Day-6.3%1.7%-0.6%
30 Day-23.6%-19.1%-18.6%
90 Day-30.4%-23.2%-26.2%
1 Year-80.9%-80.9%-26.8%-28.3%-18.6%-20.9%
3 Year-81.9%-81.9%-4.0%-7.1%-19.0%-25.8%
5 Year-95.4%-95.4%53.5%42.4%-21.2%-31.8%

Price Volatility Vs. Market

How volatile is Digital Ally's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Digital Ally undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Digital Ally is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Digital Ally has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 1DAA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Digital Ally regulatory filings.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

How is Digital Ally forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.2%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Digital Ally has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Digital Ally performed over the past 5 years?

-5.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1DAA is currently unprofitable.

Growing Profit Margin: 1DAA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1DAA is unprofitable, and losses have increased over the past 5 years at a rate of -5.9% per year.

Accelerating Growth: Unable to compare 1DAA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1DAA is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-7.4%).


Return on Equity

High ROE: 1DAA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Digital Ally's financial position?


Financial Position Analysis

Short Term Liabilities: 1DAA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 1DAA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 1DAA has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 1DAA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 1DAA has a high level of physical assets or inventory.

Debt Coverage by Assets: 1DAA has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 1DAA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 1DAA has less than a year of cash runway if free cash flow continues to reduce at historical rates of -14.7% each year


Next Steps

Dividend

What is Digital Ally's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1DAA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1DAA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1DAA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1DAA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1DAA's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Stan Ross (58yo)

14.58s

Tenure

US$1,245,589

Compensation

Mr. Stanton E. Ross, also known as Stan, has been the Chief Executive Officer and President of Digital Ally Inc. since September 1, 2005. Mr. Ross has been the Chief Executive Officer and President of Infi ...


CEO Compensation Analysis

Compensation vs Market: Stan's total compensation ($USD1.25M) is above average for companies of similar size in the German market ($USD434.26K).

Compensation vs Earnings: Stan's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Stanton Ross
Chairman14.58yrsUS$1.25m8.23% $938.4k
Thomas Heckman
CFO, VP12.25yrsUS$904.35k5.4% $615.9k
Christa Johnson
Vice President of Operations0.75yrno datano data
Mark Gordon
Director of Technical Services4.08yrsno datano data
Greg Dyer
Vice President of Sales & Marketing0.75yrno datano data

4.1yrs

Average Tenure

Experienced Management: 1DAA's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stanton Ross
Chairman14.58yrsUS$1.25m8.23% $938.4k
Leroy Richie
Lead Outside Director14.58yrsUS$220.41k0.24% $27.9k
Neil Livingstone
Member of Advisory Board13.58yrsno datano data
John Ashcroft
Member of Advisory Board13.58yrsno datano data
Michael Caulfield
Independent Director3.92yrsUS$205.41k0.018% $2.0k
David Halevy
Member of Advisory Board13.58yrsno datano data
Annie Selander
Member of Advisory Board13.58yrsno datano data
Daniel Hutchins
Independent Director12.33yrsUS$210.41k0.21% $24.2k

13.6yrs

Average Tenure

68yo

Average Age

Experienced Board: 1DAA's board of directors are seasoned and experienced ( 13.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 37.5%.


Top Shareholders

Company Information

Digital Ally, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Digital Ally, Inc.
  • Ticker: 1DAA
  • Exchange: DB
  • Founded:
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$12.309m
  • Listing Market Cap: US$11.409m
  • Shares outstanding: 16.03m
  • Website: https://www.digitalallyinc.com

Number of Employees


Location

  • Digital Ally, Inc.
  • 9705 Loiret Boulevard
  • Lenexa
  • Kansas
  • 66219
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DGLYNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDFeb 2005
1DAADB (Deutsche Boerse AG)YesCommon StockDEEURFeb 2005

Biography

Digital Ally, Inc. produces and sells digital video imaging and storage products for use in law enforcement, security, and commercial applications in the United States and internationally. Its digital audio/video recording, storage, and other products include an in-car digital audio/video recorder that is contained in a rear view mirror for law enforcement vehicles and commercial fleets; and hands-free automatic activated body-worn cameras and in-car video systems, as well as provides its law enforcement customers with audio/video surveillance from multiple vantage points. The company also provides VuLink, an in-car device that enables an in-car and body worn digital audio/video camera system to automatically and simultaneously start recording; and Digital Ally, a suite of data management Web-based tools to assist fleet managers in the organization, archival, and management of videos and telematics information. In addition, its digital audio/video recording, storage, and other products comprise a miniature body-worn digital video system; VuVault.net, a law enforcement cloud storage solution, including cloud-based fleet management and driver monitoring/training applications; and FleetVU Manager, a Web-based software for commercial fleet tracking and monitoring. The company sells its products through direct sales and third-party distributors. Digital Ally, Inc. is headquartered in Lenexa, Kansas. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/05 02:15
End of Day Share Price2020/04/03 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.