NasdaqCM:DZSI

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DASAN Zhone Solutions

Executive Summary

DASAN Zhone Solutions, Inc. provides network access solutions and communications platforms for service provider and enterprise networks in the United States, Canada, Latin America, Europe, the Middle East, Africa, Korea, and other Asia Pacific Countries.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has DASAN Zhone Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DZSI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.7%

DZSI

1.2%

US Communications

1.5%

US Market


1 Year Return

-23.7%

DZSI

-17.3%

US Communications

6.9%

US Market

Return vs Industry: DZSI underperformed the US Communications industry which returned -18.5% over the past year.

Return vs Market: DZSI underperformed the US Market which returned 5.3% over the past year.


Shareholder returns

DZSIIndustryMarket
7 Day-0.7%1.2%1.5%
30 Day4.5%2.1%5.9%
90 Day66.0%10.8%17.9%
1 Year-23.7%-23.7%-15.0%-17.3%9.2%6.9%
3 Year31.0%31.0%34.7%25.9%36.4%27.5%
5 Year-13.5%-13.5%59.6%40.9%64.9%47.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is DASAN Zhone Solutions undervalued compared to its fair value and its price relative to the market?

1.94x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DZSI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DZSI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DZSI is unprofitable, so we can't compare its PE Ratio to the US Communications industry average.

PE vs Market: DZSI 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 DZSI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DZSI's PB Ratio (1.9x) is in line with the US Communications industry average.


Next Steps

Future Growth

How is DASAN Zhone Solutions forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

5.5%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if DZSI's forecast earnings growth is above the savings rate (2.2%).

Earnings vs Market: Insufficient data to determine if DZSI's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DZSI's revenue (5.5% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: DZSI's revenue (5.5% 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 DZSI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has DASAN Zhone Solutions performed over the past 5 years?

9.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DZSI is currently unprofitable.

Growing Profit Margin: DZSI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DZSI is unprofitable, but has reduced losses over the past 5 years at a rate of 9.6% per year.

Accelerating Growth: Unable to compare DZSI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DZSI is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-36.4%).


Return on Equity

High ROE: DZSI has a negative Return on Equity (-21.15%), as it is currently unprofitable.


Next Steps

Financial Health

How is DASAN Zhone Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: DZSI's short term assets ($181.0M) exceed its short term liabilities ($67.4M).

Long Term Liabilities: DZSI's short term assets ($181.0M) exceed its long term liabilities ($64.6M).


Debt to Equity History and Analysis

Debt Level: DZSI's debt to equity ratio (40.8%) is considered high.

Reducing Debt: DZSI's debt to equity ratio has reduced from 48.7% to 40.8% 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: Insufficient data to determine if DZSI has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if DZSI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is DASAN Zhone Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DZSI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DZSI'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 DZSI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DZSI'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 DZSI'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?

1.5yrs

Average management tenure


CEO

Il Kim (64yo)

2.83yrs

Tenure

US$586,537

Compensation

Mr. Il Yung Kim has been Chief Executive Officer and President at DASAN Zhone Solutions, Inc. since September 11, 2017. Mr. Kim served as Interim Chief Financial Officer and Treasurer at DASAN Zhone Soluti ...


CEO Compensation Analysis

Compensation vs Market: Il's total compensation ($USD586.54K) is below average for companies of similar size in the US market ($USD1.36M).

Compensation vs Earnings: Il's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Il Kim
CEO, President & Director2.83yrsUS$586.54k0.060% $113.8k
Thomas Cancro
CFO & Corporate Treasurer0.67yrUS$983.83kno data
Philip Yim
Chief Operating Officer1.92yrsUS$912.00k0.033% $61.5k
Seung-Dong Lee
Global Chief Technology Officer3.08yrsUS$637.19kno data
Michael Siebke
Chief Information Officer0.50yrno datano data
Blair King
Vice President of Finance & Investor Relations1.5yrsno datano data
Alex Yastremski
General Counselno datano datano data
Jun-Sick Bahk
Senior Vice President of Global Salesno datano datano data
Geoff Burke
Vice President of Global Marketing0.25yrno datano data
Laura Larsen-Misunas
Vice President of Human Resourcesno datano datano data
Keith Nauman
Senior Vice President Quality & Serviceno datano datano data
Daniel Won
President of Korea & Asia Pacific Business Unitsno datano datano data

1.5yrs

Average Tenure

53yo

Average Age

Experienced Management: DZSI's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Il Kim
CEO, President & Director2.83yrsUS$586.54k0.060% $113.8k
David Schopp
Independent Director1.92yrsUS$107.50k0.034% $64.0k
Min Nam
Chairman of the Board3.83yrsUS$110.00k0.054% $102.0k
Rolf Unterberger
Independent Director2.25yrsUS$111.25k0.043% $81.4k
Seong-Gyun Kim
Independent Director3.83yrsUS$115.00k0.071% $134.9k
Joon Kyung Kim
Independent Director0.50yrno datano data
Choon Yoo
Director0.50yrUS$41.68k0.012% $23.5k

2.3yrs

Average Tenure

58yo

Average Age

Experienced Board: DZSI's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 3.9%.


Top Shareholders

Company Information

DASAN Zhone Solutions, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: DASAN Zhone Solutions, Inc.
  • Ticker: DZSI
  • Exchange: NasdaqCM
  • Founded: 1996
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: US$188.887m
  • Shares outstanding: 21.51m
  • Website: https://www.dasanzhone.com

Number of Employees


Location

  • DASAN Zhone Solutions, Inc.
  • 7195 Oakport Street
  • Oakland
  • California
  • 94621
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DZSINasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDDec 2007
TLFPDB (Deutsche Boerse AG)YesCommon StockDEEURDec 2007

Biography

DASAN Zhone Solutions, Inc. provides network access solutions and communications platforms for service provider and enterprise networks in the United States, Canada, Latin America, Europe, the Middle East, Africa, Korea, and other Asia Pacific Countries. It offers broadband access products, including customer premise equipment, such as digital subscriber line (DSL) modems; Ethernet access demarcation devices; and gigabit passive optical network (GPON) and 10G point-to-point active Ethernet optical network terminals. The company also provides central office products, such as broadband loop carriers for DSL and voice-grade telephone service; DSL access multiplexers (DSLAMs); optical line terminals for passive optical distribution networks like GPONs; and 10G passive optical networks and 10G point-to-point active Ethernet. In addition, it offers Ethernet switching products; mobile backhaul products comprising standard Ethernet/IP or multiprotocol label switching interfaces; software defined networks and network function virtualization tools and building blocks; and passive optical LAN products consisting of integrated power over Ethernet units, as well as broadband copper access based on very-high-bit-rate DSL and G. fast technology. The company was formerly known as Zhone Technologies, Inc. and changed its name to DASAN Zhone Solutions, Inc. as a result of merger with Dasan Network Solutions, Inc. in September 2016. The company was founded in 1996 and is headquartered in Oakland, California. DASAN Zhone Solutions, Inc. is a subsidiary of DASAN Networks, Inc. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/15 00:05
End of Day Share Price2020/07/14 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.