Digital Ally
Market Cap
US$70.9m
Last Updated
2021/01/24 00:20 UTC
Data Sources
Company Financials +
Executive Summary
Digital Ally, Inc. produces and sells digital video imaging and storage products for use in law enforcement, security, and commercial applications in the United States and internationally. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 40.4% per year for the next 3 years
Shareholders have been substantially diluted in the past year
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 3 more risks
Snowflake Analysis
Mediocre balance sheet with concerning outlook.
Similar Companies
Share Price & News
How has Digital Ally's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DGLY is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 20% a week.
Volatility Over Time: DGLY's weekly volatility has decreased from 27% to 20% over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
-13.1%
DGLY
1.3%
US Electronic
2.3%
US Market
1 Year Return
173.2%
DGLY
27.9%
US Electronic
23.8%
US Market
Return vs Industry: DGLY exceeded the US Electronic industry which returned 27.9% over the past year.
Return vs Market: DGLY exceeded the US Market which returned 23.7% over the past year.
Shareholder returns
| DGLY | Industry | Market | |
|---|---|---|---|
| 7 Day | -13.1% | 1.3% | 2.3% |
| 30 Day | 1.9% | 7.4% | 4.8% |
| 90 Day | 28.0% | 23.6% | 14.5% |
| 1 Year | 173.2%173.2% | 31.1%27.9% | 26.6%23.8% |
| 3 Year | 12.8%12.8% | 42.4%36.4% | 45.0%35.4% |
| 5 Year | -53.6%-53.6% | 168.6%151.3% | 126.2%101.0% |
Long-Term Price Volatility Vs. Market
How volatile is Digital Ally's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Are Insiders Selling Digital Ally, Inc. (NASDAQ:DGLY) Stock?1 month ago | Simply Wall St
What We Learned About Digital Ally's (NASDAQ:DGLY) CEO Compensation2 months ago | Simply Wall St
If You Had Bought Digital Ally (NASDAQ:DGLY) Stock A Year Ago, You Could Pocket A 71% Gain TodayValuation
Is Digital Ally undervalued compared to its fair value and its price relative to the market?
4.93x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate DGLY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DGLY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DGLY is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: DGLY 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 DGLY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DGLY is overvalued based on its PB Ratio (4.9x) compared to the US Electronic industry average (2.8x).
Next Steps
Future Growth
How is Digital Ally forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-40.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DGLY is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: DGLY is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: DGLY is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: DGLY's revenue (15% per year) is forecast to grow faster than the US market (10.6% per year).
High Growth Revenue: DGLY's revenue (15% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DGLY's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Digital Ally performed over the past 5 years?
0.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DGLY is currently unprofitable.
Growing Profit Margin: DGLY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DGLY is unprofitable, but has reduced losses over the past 5 years at a rate of 0.9% per year.
Accelerating Growth: Unable to compare DGLY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DGLY is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-9.3%).
Return on Equity
High ROE: DGLY has a negative Return on Equity (-39.8%), as it is currently unprofitable.
Next Steps
Financial Health
How is Digital Ally's financial position?
Financial Position Analysis
Short Term Liabilities: DGLY's short term assets ($19.1M) exceed its short term liabilities ($4.3M).
Long Term Liabilities: DGLY's short term assets ($19.1M) exceed its long term liabilities ($3.2M).
Debt to Equity History and Analysis
Debt Level: DGLY's debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: DGLY's debt to equity ratio has increased from 0% to 10.9% over the past 5 years.
Balance Sheet
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: DGLY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DGLY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.1% each year
Next Steps
Dividend
What is Digital Ally current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DGLY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DGLY'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 DGLY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DGLY'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 DGLY'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?
4.8yrs
Average management tenure
CEO
Stan Ross (59 yo)
15.33yrs
Tenure
US$1,245,589
Compensation
Mr. Stanton E. Ross, also known as Stan, has been the Chief Executive Officer and President of Digital Ally Inc. since September 1, 2005. Mr. Ross has been the Chief Executive Officer and President of Infi...
CEO Compensation Analysis
Compensation vs Market: Stan's total compensation ($USD1.25M) is above average for companies of similar size in the US market ($USD529.89K).
Compensation vs Earnings: Stan's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 15.33yrs | US$1.25m | 5.27% $ 3.7m | |
| CFO, VP | 13yrs | US$904.35k | 3.79% $ 2.7m | |
| Vice President of Operations | 1.5yrs | no data | no data | |
| Director of Technical Services | 4.83yrs | no data | no data | |
| Vice President of Sales & Marketing | 1.5yrs | no data | no data | |
| Chief Revenue Officer | no data | no data | no data |
4.8yrs
Average Tenure
Experienced Management: DGLY's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 15.33yrs | US$1.25m | 5.27% $ 3.7m | |
| Independent Lead Outside Director | 15.33yrs | US$220.41k | 0.15% $ 103.9k | |
| Member of Advisory Board | 14.33yrs | no data | no data | |
| Member of Advisory Board | 14.33yrs | no data | no data | |
| Member of Advisory Board | 14.33yrs | no data | no data | |
| Member of Advisory Board | 14.33yrs | no data | no data |
14.3yrs
Average Tenure
74yo
Average Age
Experienced Board: DGLY's board of directors are seasoned and experienced ( 14.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DGLY insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 113.4%.
Top Shareholders
Company Information
Digital Ally, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Digital Ally, Inc.
- Ticker: DGLY
- Exchange: NasdaqCM
- Founded: NaN
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$70.948m
- Shares outstanding: 26.77m
- Website: https://www.digitalallyinc.com
Number of Employees
Location
- Digital Ally, Inc.
- 9705 Loiret Boulevard
- Lenexa
- Kansas
- 66219
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DGLY | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Feb 2005 |
| 1DAA | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 2005 |
Biography
Digital Ally, Inc. produces and sells digital video imaging and storage products for use in law enforcement, security, and commercial applications in the United States and internationally. Its digital audi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/24 00:20 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.