Daktronics
Market Cap
US$286.9m
Last Updated
2021/04/12 22:05 UTC
Data Sources
Company Financials +
Executive Summary
Daktronics, Inc. designs, manufactures, markets, and sells electronic display systems and related products worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and overvalued.
Similar Companies
Share Price & News
How has Daktronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DAKT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: DAKT's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-1.7%
DAKT
-0.5%
US Electronic
0.9%
US Market
1 Year Return
28.8%
DAKT
87.7%
US Electronic
57.9%
US Market
Return vs Industry: DAKT underperformed the US Electronic industry which returned 87.7% over the past year.
Return vs Market: DAKT underperformed the US Market which returned 57.9% over the past year.
Shareholder returns
| DAKT | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.7% | -0.5% | 0.9% |
| 30 Day | -11.6% | 4.2% | 2.3% |
| 90 Day | 22.8% | 6.8% | 6.3% |
| 1 Year | 28.8%28.8% | 91.6%87.7% | 60.8%57.9% |
| 3 Year | -26.6%-31.3% | 67.9%61.0% | 64.5%53.9% |
| 5 Year | -15.4%-26.0% | 164.7%147.9% | 120.9%96.4% |
Long-Term Price Volatility Vs. Market
How volatile is Daktronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Does Daktronics' (NASDAQ:DAKT) Share Price Gain of 53% Match Its Business Performance?1 month ago | Simply Wall St
Daktronics (NASDAQ:DAKT) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereValuation
Is Daktronics undervalued compared to its fair value and its price relative to the market?
29.52x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DAKT ($6.31) is trading above our estimate of fair value ($2.21)
Significantly Below Fair Value: DAKT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DAKT is poor value based on its PE Ratio (29.5x) compared to the US Electronic industry average (28.5x).
PE vs Market: DAKT is poor value based on its PE Ratio (29.5x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: DAKT is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: DAKT is good value based on its PB Ratio (1.5x) compared to the US Electronic industry average (3x).
Future Growth
How is Daktronics forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
18.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DAKT's forecast earnings growth (18.4% per year) is above the savings rate (2%).
Earnings vs Market: DAKT's earnings (18.4% per year) are forecast to grow slower than the US market (18.6% per year).
High Growth Earnings: DAKT's earnings are forecast to grow, but not significantly.
Revenue vs Market: DAKT's revenue (7.4% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: DAKT's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DAKT's Return on Equity is forecast to be low in 3 years time (6.5%).
Past Performance
How has Daktronics performed over the past 5 years?
-33.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DAKT has a large one-off loss of $2.8M impacting its January 30 2021 financial results.
Growing Profit Margin: DAKT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: DAKT's earnings have declined by 33.6% per year over the past 5 years.
Accelerating Growth: DAKT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: DAKT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-6.6%).
Return on Equity
High ROE: DAKT's Return on Equity (5%) is considered low.
Financial Health
How is Daktronics's financial position?
Financial Position Analysis
Short Term Liabilities: DAKT's short term assets ($258.2M) exceed its short term liabilities ($125.5M).
Long Term Liabilities: DAKT's short term assets ($258.2M) exceed its long term liabilities ($50.4M).
Debt to Equity History and Analysis
Debt Level: DAKT is debt free.
Reducing Debt: DAKT had no debt 5 years ago.
Debt Coverage: DAKT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DAKT has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Daktronics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DAKT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DAKT'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 DAKT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DAKT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DAKT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DAKT'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?
8.8yrs
Average management tenure
CEO
Reece Kurtenbach (55 yo)
7.58yrs
Tenure
US$518,884
Compensation
Mr. Reece A. Kurtenbach has been the Chief Executive Officer and President of Daktronics Inc. since September 1, 2013. He has been the Chairman of Daktronics Inc. since September 3, 2014 and has been its D...
CEO Compensation Analysis
Compensation vs Market: Reece's total compensation ($USD518.88K) is below average for companies of similar size in the US market ($USD960.47K).
Compensation vs Earnings: Reece's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: DAKT's management team is seasoned and experienced (8.8 years average tenure).
Board Members
Experienced Board: DAKT's board of directors are seasoned and experienced ( 11.4 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
Daktronics, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Daktronics, Inc.
- Ticker: DAKT
- Exchange: NasdaqGS
- Founded: 1968
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$286.886m
- Shares outstanding: 44.97m
- Website: https://www.daktronics.com
Number of Employees
Location
- Daktronics, Inc.
- 201 Daktronics Drive
- Brookings
- South Dakota
- 57006
- United States
Listings
Biography
Daktronics, Inc. designs, manufactures, markets, and sells electronic display systems and related products worldwide. It operates in five segments: Commercial, Live Events, High School Park and Recreation,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 22:05 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2021/01/30 |
| Annual Earnings | 2020/05/02 |
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.