NasdaqCM:TAYD

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Executive Summary

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.


Snowflake Analysis

Undervalued with excellent balance sheet.


Similar Companies

Share Price & News

How has Taylor Devices's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-5.1%

TAYD

6.9%

US Machinery

-0.04%

US Market


1 Year Return

-3.1%

TAYD

19.5%

US Machinery

17.1%

US Market

Return vs Industry: TAYD underperformed the US Machinery industry which returned 16.7% over the past year.

Return vs Market: TAYD underperformed the US Market which returned 16.8% over the past year.


Shareholder returns

TAYDIndustryMarket
7 Day-5.1%6.9%-0.04%
30 Day4.8%14.4%5.1%
90 Day-1.8%37.6%19.5%
1 Year-3.1%-3.1%21.8%19.5%19.6%17.1%
3 Year-10.8%-10.8%29.9%21.5%42.5%33.3%
5 Year-17.2%-17.2%78.1%56.8%75.1%56.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TAYD ($10.48) is trading below our estimate of fair value ($345.26)

Significantly Below Fair Value: TAYD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TAYD is good value based on its PE Ratio (12x) compared to the US Machinery industry average (26.8x).

PE vs Market: TAYD is good value based on its PE Ratio (12x) compared to the US market (19.2x).


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 (2.3x).


Next Steps

Future Growth

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

22.8%

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.


Next Steps

Past Performance

How has Taylor Devices performed over the past 5 years?

-9.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TAYD has high quality earnings.

Growing Profit Margin: TAYD's current net profit margins (10.7%) are higher than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: TAYD's earnings have declined by 9.4% per year over the past 5 years.

Accelerating Growth: TAYD's earnings growth over the past year (19.3%) exceeds its 5-year average (-9.4% per year).

Earnings vs Industry: TAYD earnings growth over the past year (19.3%) exceeded the Machinery industry -13.9%.


Return on Equity

High ROE: TAYD's Return on Equity (7.7%) is considered low.


Next Steps

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 ($5.5M).

Long Term Liabilities: TAYD has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TAYD's debt to equity ratio (3.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if TAYD's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: TAYD's debt is well covered by operating cash flow (672.8%).

Interest Coverage: TAYD earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

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?

2.3yrs

Average management tenure


CEO

Timothy Sopko (54 yo)

1.33yrs

Tenure

US$144,234

Compensation

Mr. Timothy J. Sopko has been Chief Executive Officer at Taylor Devices, Inc. since April 29, 2019. Mr. Sopko served as Vice President and General Manager of Carleton Technologies Inc. (d.b.a. Cobham Missi ...


CEO Compensation Analysis

Compensation vs Market: Timothy's total compensation ($USD144.23K) is below average for companies of similar size in the US market ($USD589.17K).

Compensation vs Earnings: Insufficient data to compare Timothy's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Timothy Sopko
Chief Executive Officer1.33yrsUS$144.23k0.056%
$ 20.5k
Alan Klembczyk
President & Director2.17yrsUS$364.29k0.061%
$ 22.3k
Mark McDonough
CFO, Treasurer & Director2.17yrsUS$341.90k0.23%
$ 84.0k
Fritz Armenat
Secretary & Independent Director2.33yrsUS$38.57kno data
Benjamin Kujawinski
Vice Presidentno datano datano data
John Metzger
Chief Engineerno datano datano data
Richard Hill
Consultant2.25yrsUS$257.84kno data

2.3yrs

Average Tenure

60yo

Average Age

Experienced Management: TAYD's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alan Klembczyk
President & Director2.17yrsUS$364.29k0.061%
$ 22.3k
Mark McDonough
CFO, Treasurer & Director2.17yrsUS$341.90k0.23%
$ 84.0k
Fritz Armenat
Secretary & Independent Director2.33yrsUS$38.57kno data
Randall Clark
Independent Director24.58yrsUS$38.57k0.63%
$ 230.4k
John Burgess
Independent Chairman of the Boardno dataUS$38.57k0.57%
$ 210.1k

2.3yrs

Average Tenure

60yo

Average Age

Experienced Board: TAYD's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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 company bio, 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
  • Market Cap: US$36.546m
  • Shares outstanding: 3.49m
  • Website: https://www.taylordevices.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TAYDNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJan 1980

Biography

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 inte ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 00:04
End of Day Share Price2020/08/11 00:00
Earnings2020/05/31
Annual Earnings2020/05/31


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.