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TAYD

Taylor DevicesNasdaqCM:TAYD Stock Report

Last Price

US$10.71

Market Cap

US$37.5m

7D

0.1%

1Y

3.0%

Updated

19 Jan, 2022

Data

Company Financials
TAYD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

TAYD Stock Overview

Taylor Devices, Inc. designs, develops, manufactures, and markets shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in North America, Asia, and internationally.

Taylor Devices Competitors

Honeywell International

NasdaqGS:HON

US$145.1b

Boeing

NYSE:BA

US$127.6b

Eaton

NYSE:ETN

US$65.1b

Price History & Performance

Summary of all time highs, changes and price drops for Taylor Devices
Historical stock prices
Current Share PriceUS$10.71
52 Week HighUS$12.43
52 Week LowUS$10.00
Beta0.86
1 Month Change6.36%
3 Month Change-8.85%
1 Year Change2.98%
3 Year Change-17.39%
5 Year Change-27.45%
Change since IPO852.00%

Recent News & Updates

Oct 19

Taylor Devices Inc.: Undiscovered Company, Pristine Balance Sheet, Growth Potential

From an operational standpoint, TAYD is a well-established company with a high level of expertise in the shock and vibration control field. From a fundamental standpoint, TAYD is a consistently profitable company with a pristine balance sheet. Thanks to its pristine balance sheet, TAYD can afford to grow while diversifying its business either organically or through acquisitions. At the current price of about $12 per share, debt-free, cash-rich TAYD is cheap.

Oct 16
This Is Why We Think Taylor Devices, Inc.'s (NASDAQ:TAYD) CEO Might Get A Pay Rise Approved By Shareholders

This Is Why We Think Taylor Devices, Inc.'s (NASDAQ:TAYD) CEO Might Get A Pay Rise Approved By Shareholders

Shareholders will be pleased by the robust performance of Taylor Devices, Inc. ( NASDAQ:TAYD ) recently and this will...

Shareholder Returns

TAYDUS MachineryUS Market
7D0.1%-1.9%-4.6%
1Y3.0%8.1%7.7%

Return vs Industry: TAYD underperformed the US Machinery industry which returned 10.4% over the past year.

Return vs Market: TAYD underperformed the US Market which returned 10.2% over the past year.

Price Volatility

Is TAYD's price volatile compared to industry and market?
TAYD volatility
TAYD Average Weekly Movement4.1%
Machinery Industry Average Movement4.9%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: TAYD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: TAYD's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1955115Timothy Sopkohttps://www.taylordevices.com

Taylor Devices, Inc. designs, develops, manufactures, and markets shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in North America, Asia, and internationally. The company’s products include seismic dampers that are designed to mitigate the effects of earthquake tremors on structures; Fluidicshoks, which are compact shock absorbers primarily used in defense, aerospace, and commercial industries; and crane and industrial buffers, which are larger versions of the Fluidicshoks for industrial application on cranes and crane trolleys, truck docks, ladle and ingot cars, ore trolleys, and car stops. Its products also comprise self-adjusting shock absorbers that include versions of Fluidicshoks, and crane and industrial buffers, which automatically adjust to various impact conditions and are designed for high cycle application primarily in the heavy industry; liquid die springs that are used as component parts of machinery and equipment used in the manufacture of tools and dies; vibration dampers, which are primarily used by aerospace and defense industries to control the response of electronics and optical systems subjected to air, ship, or spacecraft vibration; machined springs used in the aerospace applications; and custom actuators for special aerospace and defense applications.

Taylor Devices Fundamentals Summary

How do Taylor Devices's earnings and revenue compare to its market cap?
TAYD fundamental statistics
Market CapUS$37.45m
Earnings (TTM)US$1.08m
Revenue (TTM)US$27.10m

34.6x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TAYD income statement (TTM)
RevenueUS$27.10m
Cost of RevenueUS$22.08m
Gross ProfitUS$5.02m
ExpensesUS$3.94m
EarningsUS$1.08m

Last Reported Earnings

Nov 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.31
Gross Margin18.54%
Net Profit Margin4.00%
Debt/Equity Ratio0.0%

How did TAYD perform over the long term?

See historical performance and comparison

Valuation

Is Taylor Devices undervalued compared to its fair value and its price relative to the market?

15.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TAYD ($10.71) is trading below our estimate of fair value ($12.64)

Significantly Below Fair Value: TAYD is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: TAYD is poor value based on its PE Ratio (34.6x) compared to the US Machinery industry average (28.7x).

PE vs Market: TAYD is poor value based on its PE Ratio (34.6x) compared to the US market (17x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TAYD is good value based on its PB Ratio (0.9x) compared to the US Machinery industry average (2.8x).


Future Growth

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

13.5%

Forecasted Capital Goods 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 Taylor Devices 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.


Past Performance

How has Taylor Devices performed over the past 5 years?

-4.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TAYD has a large one-off gain of $1.5M impacting its November 30 2021 financial results.

Growing Profit Margin: TAYD's current net profit margins (4%) are lower than last year (10.1%).


Past Earnings Growth Analysis

Earnings Trend: TAYD's earnings have declined by 4% per year over the past 5 years.

Accelerating Growth: TAYD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TAYD had negative earnings growth (-58%) over the past year, making it difficult to compare to the Machinery industry average (34.4%).


Return on Equity

High ROE: TAYD's Return on Equity (2.6%) is considered low.


Financial Health

How is Taylor Devices's financial position?


Financial Position Analysis

Short Term Liabilities: TAYD's short term assets ($34.4M) exceed its short term liabilities ($4.3M).

Long Term Liabilities: TAYD has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TAYD is debt free.

Reducing Debt: TAYD had no debt 5 years ago.

Debt Coverage: TAYD has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TAYD has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Taylor Devices's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if TAYD'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 TAYD's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

3.6yrs

Average management tenure


CEO

Timothy Sopko (55 yo)

2.75yrs

Tenure

US$291,106

Compensation

Mr. Timothy J. Sopko has been Chief Executive Officer at Taylor Devices, Inc. since April 29, 2019 and serves as its Director since July 30, 2020. He joined Taylor Devices in April 2019. He served as Vice...


CEO Compensation Analysis

Compensation vs Market: Timothy's total compensation ($USD291.11K) is below average for companies of similar size in the US market ($USD579.29K).

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


Leadership Team

Experienced Management: TAYD's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: TAYD's board of directors are considered experienced (3.6 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Taylor Devices, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Taylor Devices, Inc.
  • Ticker: TAYD
  • Exchange: NasdaqCM
  • Founded: 1955
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: US$37.454m
  • Shares outstanding: 3.50m
  • Website: https://www.taylordevices.com

Number of Employees


Location

  • Taylor Devices, Inc.
  • 90 Taylor Drive
  • North Tonawanda
  • New York
  • 14120
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:34
End of Day Share Price2022/01/19 00:00
Earnings2021/11/30
Annual Earnings2021/05/31


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.