NasdaqCM:DYNT

Stock Analysis Report

Executive Summary

Dynatronics Corporation designs, manufactures, markets, and distributes orthopedic soft goods, medical supplies, and physical therapy and rehabilitation equipment in the United States and internationally.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Risks

  • Dynatronics has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-8.0%

NasdaqCM:DYNT

-0.6%

US Medical Equipment

-1.0%

US Market


1 Year Return

-54.1%

NasdaqCM:DYNT

14.5%

US Medical Equipment

-0.4%

US Market

DYNT underperformed the Medical Equipment industry which returned 14.5% over the past year.

DYNT underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

DYNTIndustryMarket
7 Day-8.0%-0.6%-1.0%
30 Day-16.0%-0.7%-3.3%
90 Day-28.0%10.2%0.8%
1 Year-54.1%-54.1%15.5%14.5%1.9%-0.4%
3 Year-54.2%-54.2%67.0%61.8%39.4%30.4%
5 Year-68.8%-68.8%131.4%104.8%54.2%37.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Dynatronics undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Dynatronics's share price is below the future cash flow value, and at a moderate discount (> 20%).

Dynatronics's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Dynatronics is loss making, we can't compare its value to the US Medical Equipment industry average.

Dynatronics is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Dynatronics, we can't assess if its growth is good value.


Price Based on Value of Assets

Dynatronics is good value based on assets compared to the US Medical Equipment industry average.


Next Steps

Future Growth

How is Dynatronics expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

44.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Dynatronics's revenue is expected to grow by 2% yearly, however this is not considered high growth (20% yearly).

Dynatronics's earnings are expected to grow significantly at over 20% yearly.

Dynatronics's revenue growth is positive but not above the United States of America market average.

Dynatronics's earnings growth is expected to exceed the United States of America market average.

Dynatronics's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Dynatronics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Dynatronics performed over the past 5 years?

-20.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Dynatronics does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Dynatronics's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Dynatronics's 1-year growth to the US Medical Equipment industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Dynatronics has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Dynatronics has efficiently used its assets last year compared to the US Medical Equipment industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Dynatronics improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Dynatronics's financial position?


Financial Position Analysis

Dynatronics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Dynatronics's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Dynatronics's level of debt (24.6%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (87.9% vs 24.6% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.7x debt.


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.

Whilst loss making Dynatronics has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Dynatronics has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -78.9% per year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Dynatronics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Dynatronics's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Dynatronics has not reported any payouts.

Unable to verify if Dynatronics's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Dynatronics has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Dynatronics's salary, the management and board of directors tenure and is there insider trading?

1.5yrs

Average management tenure


CEO

Chris Von Jako (49yo)

1.2yrs

Tenure

US$255,141

Compensation

Dr. Christopher Richard Von Jako, also known as Chris, Ph.D., has been Chief Executive Officer and Director of Dynatronics Corporation since June 26, 2018. Dr. Von Jako serves as Board Member of nView Medi ...


CEO Compensation Analysis

Chris's remuneration is lower than average for companies of similar size in United States of America.

Insufficient data for Chris to compare compensation growth.


Management Age and Tenure

1.5yrs

Average Tenure

52yo

Average Age

The average tenure for the Dynatronics management team is less than 2 years, this suggests a new team.


Board Age and Tenure

3.7yrs

Average Tenure

58yo

Average Age

The tenure for the Dynatronics board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • David Wirthlin (58yo)

    CFO & Secretary

    • Tenure: 2.8yrs
    • Compensation: $127.45k
  • Terry Atkinson (66yo)

    Director of Accounting

    • Tenure: 2.8yrs
    • Compensation: $99.77k
  • Chris Von Jako (49yo)

    CEO & Director

    • Tenure: 1.2yrs
    • Compensation: $255.14k
  • Mark Crockett (53yo)

    Consultant

  • Brian Baker (52yo)

    Chief Operating Officer

    • Tenure: 0.3yrs
  • Skyler Black (36yo)

    Corporate Controller

    • Tenure: 1.6yrs
  • Daryl Connell (47yo)

    Chief Information Officer

    • Tenure: 1.5yrs

Board Members

  • David Holtz (53yo)

    Director

    • Tenure: 3.7yrs
    • Compensation: $51.50k
  • Kelvyn Cullimore (63yo)

    Director

    • Tenure: 36.3yrs
    • Compensation: $1.16m
  • Scott Klosterman (61yo)

    Director

    • Tenure: 3.7yrs
    • Compensation: $51.50k
  • Erin Enright (58yo)

    Chairman of the Board

    • Tenure: 1.5yrs
    • Compensation: $51.50k
  • Chris Von Jako (49yo)

    CEO & Director

    • Tenure: 1.2yrs
    • Compensation: $255.14k
  • R. Ward (63yo)

    Director

    • Tenure: 6.2yrs
    • Compensation: $41.50k
  • Brian Larkin (50yo)

    Director

    • Tenure: 4.1yrs
    • Compensation: $41.50k

Company Information

Dynatronics Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dynatronics Corporation
  • Ticker: DYNT
  • Exchange: NasdaqCM
  • Founded: 1979
  • Industry: health care equipment
  • Sector: healthcare
  • Market Cap: US$10.606m
  • Shares outstanding: 8.42m
  • Website: Click here

Number of Employees


Location

  • Dynatronics Corporation
  • 7030 Park Centre Drive
  • Cottonwood Heights
  • Utah
  • 84121
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DYNTNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDNov 1983
DYXABST (Boerse-Stuttgart)YesCommon StockDEEURNov 1983

Biography

Dynatronics Corporation designs, manufactures, markets, and distributes orthopedic soft goods, medical supplies, and physical therapy and rehabilitation equipment in the United States and internationally.  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 23:38
End of Day Share Price2019/08/16 00:00
Earnings2019/03/31
Annual Earnings2018/06/30


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.