ADDvantage Technologies Group
Market Cap
US$45.2m
Last Updated
2020/02/20 23:58 UTC
Data Sources
Company Financials
Executive Summary
ADDvantage Technologies Group, Inc., through its subsidiaries, distributes and services electronics and hardware for the cable television and telecommunication industries in the United States, Canada, Central America, Asia, Europe, Mexico, South America, and internationally.
Risk Analysis
Earnings have declined by -71.03% per year over past 5 years
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 1 more risk
Snowflake Analysis
Adequate balance sheet and overvalued.
Share Price & News
How has ADDvantage Technologies Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AEY's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
35.8%
AEY
-0.1%
US Electronic
0.06%
US Market
1 Year Return
220.6%
AEY
8.5%
US Electronic
19.3%
US Market
Return vs Industry: AEY exceeded the US Electronic industry which returned 8.5% over the past year.
Return vs Market: AEY exceeded the US Market which returned 19.3% over the past year.
Shareholder returns
| AEY | Industry | Market | |
|---|---|---|---|
| 7 Day | 35.8% | -0.1% | 0.06% |
| 30 Day | 100.0% | -3.8% | 1.7% |
| 90 Day | 100.9% | 3.0% | 9.0% |
| 1 Year | 220.6%220.6% | 9.6%8.5% | 21.8%19.3% |
| 3 Year | 143.6%143.6% | 37.4%33.7% | 49.5%39.9% |
| 5 Year | 82.4%82.4% | 70.5%62.2% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is ADDvantage Technologies Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Could The ADDvantage Technologies Group, Inc. (NASDAQ:AEY) Ownership Structure Tell Us Something Useful?2 months ago | Simply Wall St
The ADDvantage Technologies Group (NASDAQ:AEY) Share Price Has Gained 110%, So Why Not Pay It Some Attention?3 months ago | Simply Wall St
ADDvantage Technologies Group (NASDAQ:AEY) Is Using Debt SafelyValuation
Is ADDvantage Technologies Group undervalued compared to its fair value and its price relative to the market?
1.63x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AEY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AEY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AEY is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: AEY is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AEY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AEY is good value based on its PB Ratio (1.6x) compared to the US Electronic industry average (1.9x).
Next Steps
Future Growth
How is ADDvantage Technologies Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
21.7%
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 ADDvantage Technologies Group 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
- Examine ADDvantage Technologies Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Tech industry.
Past Performance
How has ADDvantage Technologies Group performed over the past 5 years?
-71.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AEY is currently unprofitable.
Growing Profit Margin: AEY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AEY is unprofitable, and losses have increased over the past 5 years at a rate of -71% per year.
Accelerating Growth: Unable to compare AEY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AEY is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (14.6%).
Return on Equity
High ROE: AEY has a negative Return on Equity (-16.4%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is ADDvantage Technologies Group's financial position?
Financial Position Analysis
Short Term Liabilities: AEY's short term assets ($18.7M) exceed its short term liabilities ($9.1M).
Long Term Liabilities: AEY's short term assets ($18.7M) exceed its long term liabilities ($4.0M).
Debt to Equity History and Analysis
Debt Level: AEY's debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: AEY's debt to equity ratio has reduced from 14.7% to 6.1% over the past 5 years.
Balance Sheet
Inventory Level: AEY has a high level of physical assets or inventory.
Debt Coverage by Assets: AEY's debt is covered by short term assets (assets are 11x 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.
Stable Cash Runway: AEY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AEY has less than a year of cash runway if free cash flow continues to reduce at historical rates of -15.1% each year
Next Steps
Dividend
What is ADDvantage Technologies Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AEY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AEY'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 AEY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AEY'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 AEY'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?
0.9yrs
Average management tenure
CEO
Joe Hart (68yo)
1.6yrs
Tenure
US$416,038
Compensation
Mr. Joseph E. Hart, also known as Joe, has been Chief Executive Officer and President of ADDvantage Technologies Group, Inc. since October 8, 2018 and its Director since August 06, 2015.He served its Inter ...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD416.04K) is about average for companies of similar size in the US market ($USD521.37K).
Compensation vs Earnings: Joe's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.6yrs | US$416.04k | 0.32% $144.7k | |
| CTO, VP & Director | 21.1yrs | US$3.50k | 25.72% $11.6m | |
| Chief Financial Officer | 0.9yrs | US$297.60k | no data | |
| VP, Chief Accounting Officer & Secretary | 0.9yrs | US$209.25k | 0.41% $184.7k | |
| President of the Telecommunications Segment | 1.2yrs | US$246.01k | no data | |
| President of the Wireless Segment | 0.9yrs | US$268.56k | 0.11% $48.0k |
0.9yrs
Average Tenure
48yo
Average Age
Experienced Management: AEY's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.6yrs | US$416.04k | 0.32% $144.7k | |
| CTO, VP & Director | 21.1yrs | US$3.50k | 25.72% $11.6m | |
| Independent Director | 4.2yrs | US$15.50k | 0.31% $139.7k | |
| Independent Non-Executive Chairman | 1.3yrs | US$90.00k | 1.21% $546.0k | |
| Independent Director | 0.6yrs | US$4.25k | no data | |
| Independent Director | 12.5yrs | US$15.35k | 0.68% $305.5k |
4.3yrs
Average Tenure
64.5yo
Average Age
Experienced Board: AEY's board of directors are considered experienced (4.3 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
ADDvantage Technologies Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: ADDvantage Technologies Group, Inc.
- Ticker: AEY
- Exchange: NasdaqGM
- Founded: 1989
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: US$45.175m
- Shares outstanding: 10.36m
- Website: https://www.addvantagetechnologies.com
Number of Employees
Location
- ADDvantage Technologies Group, Inc.
- 13757 North Stemmons Freeway
- Farmers Branch
- Texas
- 75234
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AEY | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Aug 1991 |
Biography
ADDvantage Technologies Group, Inc., through its subsidiaries, distributes and services electronics and hardware for the cable television and telecommunication industries in the United States, Canada, Central America, Asia, Europe, Mexico, South America, and internationally. The company operates through two segments, Wireless Infrastructure Services and Telecommunications. The Wireless Infrastructure Services segment provides turn-key wireless infrastructure services for U.S. wireless carriers, communication tower companies, national integrators, and original equipment manufacturers. This segment also offers installation, upgradation, and maintenance of technology on cell sites; and the construction of new small cells for 5G. The Telecommunications segment provides central office equipment that include optical transport, switching, and data center equipment for communication networks; customer premise equipment, such as integrated access devices, channel banks, Internet protocol private branch exchange phones, and routers; and decommissioning services for surplus and obsolete telecom equipment. The company was formerly known as ADDvantage Media Group, Inc. and changed its name to ADDvantage Technologies Group, Inc. in December 1999. ADDvantage Technologies Group, Inc. was incorporated in 1989 and is headquartered in Farmers Branch, Texas.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/20 23:58 |
| End of Day Share Price | 2020/02/20 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/09/30 |
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.