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Dynasil of America

Nasdaq:DYSL
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DYSL
Nasdaq
$18M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Dynasil Corporation of America develops, markets, manufactures, and sells detection, sensing, and analysis technology and optical components in the United States, Europe, and internationally. The last earnings update was 35 days ago. More info.


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  • Dynasil of America has significant price volatility in the past 3 months.
DYSL Share Price and Events
7 Day Returns
6.3%
NasdaqCM:DYSL
0.7%
US Electronic
1.2%
US Market
1 Year Returns
-23.8%
NasdaqCM:DYSL
-0.3%
US Electronic
3%
US Market
DYSL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dynasil of America (DYSL) 6.3% 7.8% 20.8% -23.8% -41.3% -39.2%
US Electronic 0.7% 1.1% 21.2% -0.3% 59.3% 59.2%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • DYSL underperformed the Electronic industry which returned -0.3% over the past year.
  • DYSL underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
DYSL
Industry
5yr Volatility vs Market

DYSL Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Dynasil of America to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Dynasil of America.

NasdaqCM:DYSL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:DYSL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.071 (1 + (1- 21%) (19.45%))
1.158
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.16
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.158 * 5.96%)
9.63%

Discounted Cash Flow Calculation for NasdaqCM:DYSL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Dynasil of America is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqCM:DYSL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.63%)
2019 0.49 Est @ -8.59% 0.45
2020 0.47 Est @ -5.2% 0.39
2021 0.45 Est @ -2.82% 0.34
2022 0.45 Est @ -1.15% 0.31
2023 0.45 Est @ 0.01% 0.28
2024 0.45 Est @ 0.83% 0.26
2025 0.46 Est @ 1.4% 0.24
2026 0.47 Est @ 1.8% 0.22
2027 0.48 Est @ 2.08% 0.21
2028 0.49 Est @ 2.27% 0.19
Present value of next 10 years cash flows $2.90
NasdaqCM:DYSL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $0.49 × (1 + 2.73%) ÷ (9.63% – 2.73%)
$7.25
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $7.25 ÷ (1 + 9.63%)10
$2.89
NasdaqCM:DYSL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2.90 + $2.89
$5.79
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $5.79 / 17.47
$0.33
NasdaqCM:DYSL Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.33
Current discount Discount to share price of $1.02
= -1 x ($1.02 - $0.33) / $0.33
-207.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Dynasil of America is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Dynasil of America's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dynasil of America's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:DYSL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.14
NasdaqCM:DYSL Share Price ** NasdaqCM (2019-03-20) in USD $1.02
United States of America Electronic Industry PE Ratio Median Figure of 92 Publicly-Listed Electronic Companies 19.54x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Dynasil of America.

NasdaqCM:DYSL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:DYSL Share Price ÷ EPS (both in USD)

= 1.02 ÷ 0.14

7.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dynasil of America is good value based on earnings compared to the US Electronic industry average.
  • Dynasil of America is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Dynasil of America's expected growth come at a high price?
Raw Data
NasdaqCM:DYSL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
13.9%per year
United States of America Electronic Industry PEG Ratio Median Figure of 60 Publicly-Listed Electronic Companies 1.54x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Dynasil of America, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Dynasil of America's assets?
Raw Data
NasdaqCM:DYSL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $1.20
NasdaqCM:DYSL Share Price * NasdaqCM (2019-03-20) in USD $1.02
United States of America Electronic Industry PB Ratio Median Figure of 151 Publicly-Listed Electronic Companies 2.1x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
NasdaqCM:DYSL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:DYSL Share Price ÷ Book Value per Share (both in USD)

= 1.02 ÷ 1.20

0.85x

* Primary Listing of Dynasil of America.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dynasil of America is good value based on assets compared to the US Electronic industry average.
X
Value checks
We assess Dynasil of America's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Dynasil of America has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DYSL Future Performance

 How is Dynasil of America expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Dynasil of America, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dynasil of America expected to grow at an attractive rate?
  • Dynasil of America's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Dynasil of America's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Dynasil of America's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:DYSL Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:DYSL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 13.9%
United States of America Electronic Industry Earnings Growth Rate Market Cap Weighted Average 17%
United States of America Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:DYSL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:DYSL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 42 2 2
2018-09-30 41 2 2
2018-06-30 39 2 0
2018-03-31 37 1 0
2017-12-31 37 1 -1
2017-09-30 37 1 2
2017-06-30 39 3 3
2017-03-31 40 3 3
2016-12-31 41 2 3
2016-09-30 43 2 1
2016-06-30 44 1 0
2016-03-31 44 1 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Dynasil of America's earnings are expected to grow by 13.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Dynasil of America is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:DYSL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Dynasil of America Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:DYSL Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.14
2018-09-30 0.10
2018-06-30 0.03
2018-03-31 0.00
2017-12-31 -0.08
2017-09-30 0.13
2017-06-30 0.18
2017-03-31 0.20
2016-12-31 0.20
2016-09-30 0.04
2016-06-30 0.02
2016-03-31 0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Dynasil of America will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Dynasil of America's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Dynasil of America has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DYSL Past Performance

  How has Dynasil of America performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Dynasil of America's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Dynasil of America has delivered over 20% year on year earnings growth in the past 5 years.
  • Dynasil of America has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Dynasil of America has become profitable in the last year making it difficult to compare the US Electronic industry average.
Earnings and Revenue History
Dynasil of America's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Dynasil of America Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:DYSL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 41.52 2.46 14.27 0.69
2018-09-30 40.68 1.76 14.07 0.82
2018-06-30 39.20 0.47 13.82 0.90
2018-03-31 37.50 -0.07 13.89 0.90
2017-12-31 37.33 -1.41 13.70 1.02
2017-09-30 37.28 2.19 13.52 0.90
2017-06-30 38.61 2.96 13.42 0.94
2017-03-31 40.18 3.37 13.36 0.96
2016-12-31 41.38 3.39 13.67 0.91
2016-09-30 43.44 0.69 13.93 1.00
2016-06-30 43.69 0.34 14.21 0.86
2016-03-31 43.52 0.47 13.91 1.02
2015-12-31 42.13 0.41 13.48 1.16
2015-09-30 40.54 -0.23 13.79 1.24
2015-06-30 40.30 0.03 13.71 1.46
2015-03-31 40.70 -0.29 13.96 1.41
2014-12-31 41.21 0.08 14.14 1.37
2014-09-30 42.31 2.07 13.99 1.34
2014-06-30 42.15 1.06 14.64 1.62
2014-03-31 42.83 0.62 15.70 1.82
2013-12-31 42.91 -6.89 16.53 2.02
2013-09-30 42.75 -8.73 17.12 2.31
2013-06-30 43.73 -11.74 17.74 2.18
2013-03-31 44.49 -11.71 17.73 2.40
2012-12-31 46.31 -5.05 17.96 2.93
2012-09-30 47.89 -4.30 18.12 2.81
2012-06-30 47.57 -0.99 17.58 2.34
2012-03-31 47.64 0.37 18.08 1.62

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Dynasil of America has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Dynasil of America used its assets more efficiently than the US Electronic industry average last year based on Return on Assets.
  • Dynasil of America's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Dynasil of America's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Dynasil of America has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DYSL Health

 How is Dynasil of America's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Dynasil of America's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dynasil of America is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Dynasil of America's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Dynasil of America's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Dynasil of America Company Filings, last reported 2 months ago.

NasdaqCM:DYSL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 22.19 3.47 1.17
2018-09-30 22.33 3.41 2.33
2018-06-30 21.42 3.14 1.51
2018-03-31 21.30 3.19 1.13
2017-12-31 19.69 3.34 0.96
2017-09-30 20.43 3.22 2.42
2017-06-30 20.59 3.37 1.79
2017-03-31 20.47 3.59 2.30
2016-12-31 20.39 3.75 1.62
2016-09-30 14.67 6.58 2.61
2016-06-30 14.57 6.19 0.23
2016-03-31 14.44 6.28 0.81
2015-12-31 14.51 6.38 1.10
2015-09-30 14.43 5.10 1.30
2015-06-30 14.47 7.65 3.48
2015-03-31 13.71 7.54 3.20
2014-12-31 13.93 7.58 2.50
2014-09-30 14.31 7.27 3.84
2014-06-30 14.27 6.76 3.09
2014-03-31 12.66 5.78 3.47
2013-12-31 12.25 6.20 2.76
2013-09-30 10.65 10.18 2.44
2013-06-30 10.93 10.97 2.78
2013-03-31 11.20 11.41 2.13
2012-12-31 18.57 11.51 2.47
2012-09-30 18.84 11.98 3.41
2012-06-30 23.09 11.27 2.99
2012-03-31 22.84 11.75 1.87
  • Dynasil of America's level of debt (15.6%) 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 (50.6% vs 15.6% today).
  • Debt is well covered by operating cash flow (60.5%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Dynasil of America's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Dynasil of America has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DYSL Dividends

 What is Dynasil of America's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Dynasil of America dividends.
If you bought $2,000 of Dynasil of America shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Dynasil of America's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Dynasil of America's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:DYSL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Electronic Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Dynasil of America has not reported any payouts.
  • Unable to verify if Dynasil of America's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Dynasil of America's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Dynasil of America 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.
X
Income/ dividend checks
We assess Dynasil of America's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Dynasil of America afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dynasil of America has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DYSL Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Peter Sulick
COMPENSATION $510,973
AGE 67
TENURE AS CEO 4.5 years
CEO Bio

Mr. Peter Sulick has been the Chief Executive Officer of Dynasil Corporation of America since September 18, 2014 and has been its President since June 2008. Mr. Sulick served as Interim Chief Executive Officer of Dynasil Corporation of America from July 6, 2012 to September 18, 2014 and served as its Interim President. Mr. Sulick served as the President and Chief Executive Officer of AmerisSite, LLC. Mr. Sulick’s business background includes the founding of Independence Broadcasting Corporation, PowerFone Inc., SSPCS Corp. Mr. Sulick serves as the President and Chief Executive Officer of AmeriSite, LLC, which he founded in 1998. Mr. Sulick served as the Chief Executive Officer, Chief Financial Officer and Corporate Controller engaging in an IPO. Mr. Sulick served as Principal Financial Officer of Cablevision Systems and has also held several senior-level financial positions at the Communications Operations Group of ITT. In 1985 until 2002, he founded and lead telecommunications companies subsequently acquired by Nextel and T-Mobile. He started his career in the audit department at Arthur Andersen & Co, in New York City following graduate school. Mr. Sulick is an entrepreneur with extensive background in building media and technology companies, executing their business strategy and building operations. From 2009 until 2016, Mr. Sulick served as a Director at Prism Microwave and served as its Chairman and Chief Executive Officer. He has been the Chairman of the Board at Dynasil Corporation of America since 2009 and has been its Director since June 12, 2008. He serves as Chairman of the Board at RMD Instruments, LLC. He serves as an Executive Director of Xcede Technologies, Inc. He is a Certified Public Accountant. Mr. Sulick holds an MBA in Finance from the University of Massachusetts and a B.S. in Business Administration from The Citadel.

CEO Compensation
  • Peter's compensation has increased in line with Dynasil of America recently becoming profitable.
  • Peter's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Dynasil of America management team in years:

3.2
Average Tenure
62.5
Average Age
  • The tenure for the Dynasil of America management team is about average.
Management Team

Peter Sulick

TITLE
Chairman
COMPENSATION
$511K
AGE
67
TENURE
4.5 yrs

Rob Bowdring

TITLE
Principal Accounting Officer & CFO
COMPENSATION
$224K
AGE
60
TENURE
3.1 yrs

Patricia Tuohy

TITLE
Vice President of Corporate Development

Nirmal Parikh

TITLE
Vice President of Marketing
TENURE
0.8 yrs

Gary Bishop

TITLE
Executive Vice President of Photonics
TENURE
3.3 yrs

Paul Schulz

TITLE
President of Evaporated Metal Films Corp
COMPENSATION
$109K
AGE
58
TENURE
11.3 yrs

Patty Kehe

TITLE
Corporate Secretary

Holly Hicks

TITLE
VP & Corporate Controller
TENURE
3.2 yrs

Bruce Leonetti

TITLE
Vice President of Sales & Marketing of Dynasil Synthetic Fused Silica
COMPENSATION
$93K
AGE
65
Board of Directors Tenure

Average tenure and age of the Dynasil of America board of directors in years:

8.1
Average Tenure
67
Average Age
  • The tenure for the Dynasil of America board of directors is about average.
Board of Directors

Lawrence Fox

TITLE
Independent Director
COMPENSATION
$50K
AGE
75
TENURE
8.1 yrs

Peter Sulick

TITLE
Chairman
COMPENSATION
$511K
AGE
67
TENURE
10.2 yrs

William Hagan

TITLE
Lead Director
COMPENSATION
$50K
AGE
67
TENURE
6.2 yrs

Alan Levine

TITLE
Independent Director
COMPENSATION
$60K
AGE
74
TENURE
5.8 yrs

Craig Dunham

TITLE
Independent Director
COMPENSATION
$50K
AGE
62
TENURE
14.4 yrs

David Kronfeld

TITLE
Independent Director
COMPENSATION
$50K
AGE
70
TENURE
9.1 yrs

Thomas Leonard

TITLE
Director
COMPENSATION
$50K
AGE
63
TENURE
3.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Dynasil of America insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
08. Jan 19 Buy Peter Sulick Individual 27. Dec 18 27. Dec 18 600,000 $1.00 $600,000
19. Dec 18 Buy Peter Sulick Individual 18. Dec 18 18. Dec 18 1,450,000 $1.00 $1,450,000
X
Management checks
We assess Dynasil of America's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Dynasil of America has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DYSL News

Simply Wall St News

Dynasil Corporation of America (NASDAQ:DYSL): Time For A Financial Health Check

While small-cap stocks, such as Dynasil Corporation of America (NASDAQ:DYSL) with its market cap of US$18m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Is Dynasil Corporation of America (NASDAQ:DYSL) Attractive At Its Current PE Ratio?

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … Dynasil Corporation of America (NASDAQ:DYSL) trades with a trailing P/E of 43.8, which is higher than the industry average of 25.5. … View our latest analysis for Dynasil of America

Simply Wall St -

Who Are The Largest Shareholders In Dynasil Corporation of America (NASDAQ:DYSL)?

Today, I will be analyzing Dynasil Corporation of America’s (NASDAQ:DYSL) recent ownership structure, an important but not-so-popular subject among individual investors. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders. … NasdaqCM:DYSL Ownership Summary August 23rd 18

Simply Wall St -

Why Dynasil Corporation of America's (NASDAQ:DYSL) CEO Salary Matters To You

Peter Sulick is the CEO of Dynasil Corporation of America (NASDAQ:DYSL), which has recently grown to a market capitalization of US$23.44m. … Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders.

Simply Wall St -

Dynasil Corporation of America (NASDAQ:DYSL): Time For A Financial Health Check

While small-cap stocks, such as Dynasil Corporation of America (NASDAQ:DYSL) with its market cap of US$23.44m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

What Does Dynasil Corporation of America's (NASDAQ:DYSL) Ownership Structure Look Like?

Although DYSL has a high institutional ownership, such stock moves, in the short-term, are more commonly linked to a particular type of active institutional investors – hedge funds. … General Public Ownership The general public holds a substantial 44.01% stake in DYSL, making it a highly popular stock among retail investors. … Next Steps: DYSL's considerably high level of institutional ownership calls for further analysis into its margin of safety.

Simply Wall St -

Is Dynasil Corporation of America (NASDAQ:DYSL) Excessively Paying Its CEO?

In the situation of negative earnings, the company may be going through a period of reinvestment and growth, or it can be a sign of some headwind. … Typically I would look at market cap and earnings as a proxy for performance, however, DYSL's negative earnings reduces the effectiveness of this method. … If you have not done so already, I urge you to complete your research by taking a look at the following: Governance: To find out more about DYSL's governance, look through our infographic report of the company's board and management.

Simply Wall St -

Dynasil Corporation of America (NASDAQ:DYSL): Time For A Financial Health Check

With this reduction in debt, DYSL currently has US$2.42M remaining in cash and short-term investments , ready to deploy into the business. … Moreover, DYSL has produced US$1.49M in operating cash flow in the last twelve months, leading to an operating cash to total debt ratio of 46.15%, signalling that DYSL’s operating cash is sufficient to cover its debt. … Risk around debt is very low for DYSL, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: DYSL has demonstrated its ability to generate sufficient levels of cash flow, while its debt hovers at a safe level.

Simply Wall St -

Does Dynasil Corporation of America's (NASDAQ:DYSL) -141.65% Earnings Drop Reflect A Longer Term Trend?

When Dynasil Corporation of America (NASDAQ:DYSL) released its most recent earnings update (31 December 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … For Dynasil of America, its most recent earnings (trailing twelve month) is -US$1.41M, which, in comparison to the prior year's level, has turned from positive to negative. … Dynasil of America's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

Simply Wall St -

Should You Be Tempted To Buy Dynasil Corporation of America (NASDAQ:DYSL) Because Of Its PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for DYSL Price per share = $1.14 Earnings per share = $0.13 ∴ Price-Earnings Ratio = $1.14 ÷ $0.13 = 8.8x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … For example, if you accidentally compared higher growth firms with DYSL, then DYSL’s P/E would naturally be lower since investors would reward its peers’ higher growth with a higher price. … Alternatively, if you inadvertently compared less risky firms with DYSL, DYSL’s P/E would again be lower since investors would reward its peers’ lower risk with a higher price as well.

Simply Wall St -

DYSL Company Info

Description

Dynasil Corporation of America develops, markets, manufactures, and sells detection, sensing, and analysis technology and optical components in the United States, Europe, and internationally. It operates through three segments: Optics, Innovation and Development, and Biomedical. The Optics segment supplies synthetic crystals, optical materials, components, and coatings that are used in devices, such as baggage scanners, medical imaging systems, optical instruments, lasers, analytical instruments, automotive components, semiconductor/electronic devices, spacecraft/aircraft components, and advertising displays in the medical, industrial, and homeland security/defense sectors. The Innovation and Development segment develops advanced technology in materials, sensors, and prototype instruments that detect or measure radiation, light, magnetism, or sound for use in security, medical, and industrial applications. The Biomedical segment engages in the development of tissue sealant products. The company distributes its products through direct sales and marketing staff, as well as through manufacturer’s representatives and distributors. Dynasil Corporation of America was founded in 1960 and is headquartered in Newton, Massachusetts.

Details
Name: Dynasil Corporation of America
DYSL
Exchange: NasdaqCM
Founded: 1960
$17,832,320
17,465,544
Website: http://www.dynasil.com
Address: Dynasil Corporation of America
313 Washington Street,
Suite 403,
Newton,
Massachusetts, 02458,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM DYSL Common Stock Nasdaq Capital Market US USD 09. Jan 1975
Number of employees
Current staff
Staff numbers
210
Dynasil of America employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:35
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/02/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.