DB:DI2

Stock Analysis Report

Executive Summary

Data I/O Corporation designs, manufactures, and sells programming systems and services for electronic device manufacturers in the United States, Europe, and internationally.


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has Data I/O's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DI2 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

DI2

-1.9%

DE Electronic

-0.9%

DE Market


1 Year Return

-30.1%

DI2

8.5%

DE Electronic

12.8%

DE Market

Return vs Industry: DI2 underperformed the German Electronic industry which returned 8.5% over the past year.

Return vs Market: DI2 underperformed the German Market which returned 12.8% over the past year.


Shareholder returns

DI2IndustryMarket
7 Day0%-1.9%-0.9%
30 Day-1.6%8.2%-0.4%
90 Day4.5%8.8%2.3%
1 Year-30.1%-30.1%10.9%8.5%16.3%12.8%
3 Year-14.3%-14.3%49.7%44.8%15.8%5.7%
5 Year27.7%27.7%114.5%99.2%19.7%3.3%

Price Volatility Vs. Market

How volatile is Data I/O's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Data I/O undervalued compared to its fair value and its price relative to the market?

1.54x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DI2's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DI2's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DI2 is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: DI2 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DI2's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DI2 is good value based on its PB Ratio (1.5x) compared to the DE Electronic industry average (1.9x).


Next Steps

Future Growth

How is Data I/O forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-107.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DI2 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: DI2 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: DI2 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: DI2's revenue is expected to decline over the next 3 years (-6.4% per year).

High Growth Revenue: DI2's revenue is forecast to decline over the next 3 years (-6.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if DI2's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Data I/O performed over the past 5 years?

18.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DI2 is currently unprofitable.

Growing Profit Margin: DI2 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DI2 is unprofitable, but has reduced losses over the past 5 years at a rate of 18.8% per year.

Accelerating Growth: Unable to compare DI2's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DI2 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-3.9%).


Return on Equity

High ROE: DI2 has a negative Return on Equity (-0.2%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Data I/O's financial position?


Financial Position Analysis

Short Term Liabilities: DI2's short term assets ($23.6M) exceed its short term liabilities ($5.2M).

Long Term Liabilities: DI2's short term assets ($23.6M) exceed its long term liabilities ($1.5M).


Debt to Equity History and Analysis

Debt Level: DI2 is debt free.

Reducing Debt: DI2 has not had any debt for past 5 years.


Balance Sheet

Inventory Level: DI2 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if DI2's debt is 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: DI2 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: DI2 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Data I/O's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.3%markettop25%3.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate DI2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate DI2'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 DI2's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DI2'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 DI2'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?

7.3yrs

Average management tenure


CEO

Anthony Ambrose (57yo)

7.3yrs

Tenure

US$893,224

Compensation

Mr. Anthony Ambrose serves as Independent Director at Cipherloc Corporation since June 13, 2019 and serves its Lead Independent Director. Mr. Ambrose has been the Chief Executive Officer and President of D ...


CEO Compensation Analysis

Compensation vs Market: Anthony's total compensation ($USD893.22K) is above average for companies of similar size in the German market ($USD413.13K).

Compensation vs Earnings: Anthony's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Anthony Ambrose
President7.3yrsUS$893.22k4.41% $1.3m
Joel Hatlen
Chief Operating & Financial Officer22.1yrsUS$505.14k2.15% $654.3k
Rajeev Gulati
CTO & VP of Engineering0yrsUS$493.62k1.27% $386.2k
Michael Tidwell
Vice President of Marketing & Business Development0.8yrsno data0.68% $206.6k

7.3yrs

Average Tenure

57yo

Average Age

Experienced Management: DI2's management team is seasoned and experienced (7.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anthony Ambrose
President7.3yrsUS$893.22k4.41% $1.3m
Mark Gallenberger
Independent Director7.1yrsUS$81.57k0.34% $103.3k
Douglas Brown
Independent Director8.8yrsUS$83.57k0.46% $139.8k
Alan Howe
Independent Chairman0yrsUS$88.57k0.40% $121.8k
John Delafield
Independent Director0.8yrsno datano data

7.2yrs

Average Tenure

57yo

Average Age

Experienced Board: DI2's board of directors are considered experienced (7.2 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Data I/O Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Data I/O Corporation
  • Ticker: DI2
  • Exchange: DB
  • Founded: 1969
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: US$33.008m
  • Listing Market Cap: US$30.387m
  • Shares outstanding: 8.21m
  • Website: https://www.dataio.com

Number of Employees


Location

  • Data I/O Corporation
  • 6645 185th Avenue NE
  • Suite 100
  • Redmond
  • Washington
  • 98052
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DAIONasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDMay 1981
DI2DB (Deutsche Boerse AG)YesCommon StockDEEURMay 1981

Biography

Data I/O Corporation designs, manufactures, and sells programming systems and services for electronic device manufacturers in the United States, Europe, and internationally. Its programming system products are used to program integrated circuits (ICs) with the specific data necessary for the ICs. The company provides PSV handlers offline automated programming systems; and RoadRunner and RoadRunner3 series handlers, an inline automated programming systems. It also offers SentriX, a security provisioning system; LumenX Programmer; non-automated programming systems, such as FlashPAK III programmer; and Unifamily programmers, an offline, low volume, and engineering non-automated system. In addition, the company provides hardware support, system installation and repair, and device programming services. It markets and sells its products to original equipment manufacturers in automotive and consumer electronics, and Internet of Things and their programming center partners and electronic manufacturing service contract manufacturers through direct sales, internal telesales, and indirect sales representatives and distributors. Data I/O Corporation was incorporated in 1969 and is headquartered in Redmond, Washington. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 21:39
End of Day Share Price2020/02/21 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.