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PCTI

PCTELNasdaqGS:PCTI Stock Report

Market Cap

US$101.6m

7D

0.2%

1Y

-12.8%

Updated

30 Nov, 2021

Data

Company Financials +
PCTI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends4/6

PCTI Stock Overview

PCTEL, Inc., together with its subsidiaries, provides industrial Internet of Thing devices (IoT), antenna systems, and test and measurement solutions worldwide.

PCTEL Competitors

Ubiquiti

NYSE:UI

US$18.7b

Viavi Solutions

NasdaqGS:VIAV

US$3.5b

Amphenol

NYSE:APH

US$48.2b

Anritsu

TSE:6754

JP¥244.1b

Price History & Performance

Summary of all time highs, changes and price drops for PCTEL
Historical stock prices
Current Share PriceUS$5.67
52 Week HighUS$11.05
52 Week LowUS$5.58
Beta0.27
1 Month Change-1.56%
3 Month Change-16.00%
1 Year Change-12.77%
3 Year Change34.36%
5 Year Change12.06%
Change since IPO-75.87%

Recent News & Updates

Nov 30

PCTEL Continues To Be A Sound Income Play

Due to the rangebound nature of this stock, the 4% dividend should get extra attention. We continue to expect a sharp rebound in profitability next year. This should lead to more buybacks and more growth in the dividend over time.

Oct 25
PCTEL (NASDAQ:PCTI) Has Affirmed Its Dividend Of US$0.055

PCTEL (NASDAQ:PCTI) Has Affirmed Its Dividend Of US$0.055

PCTEL, Inc. ( NASDAQ:PCTI ) will pay a dividend of US$0.055 on the 15th of November. Based on this payment, the...

Shareholder Returns

PCTIUS CommunicationsUS Market
7D0.2%-1.3%-2.8%
1Y-12.8%29.8%20.0%

Return vs Industry: PCTI underperformed the US Communications industry which returned 29.8% over the past year.

Return vs Market: PCTI underperformed the US Market which returned 20% over the past year.

Price Volatility

Is PCTI's price volatile compared to industry and market?
PCTI volatility
PCTI Average Weekly Movement3.7%
Communications Industry Average Movement6.3%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

Stable Share Price: PCTI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PCTI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994326David Neumannhttps://www.pctel.com

PCTEL, Inc., together with its subsidiaries, provides industrial Internet of Thing devices (IoT), antenna systems, and test and measurement solutions worldwide. It operates in three segments: Enterprise Wireless, Intelligent Transportation, and Industrial IoT. The company designs and manufactures precision antennas and Industrial IoT devices that are deployed in small cells, enterprise Wi-Fi access points, fleet management and transit systems, and in equipment and devices for the industrial IoT.

PCTEL Fundamentals Summary

How do PCTEL's earnings and revenue compare to its market cap?
PCTI fundamental statistics
Market CapUS$101.55m
Earnings (TTM)US$1.70m
Revenue (TTM)US$82.98m

59.6x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PCTI income statement (TTM)
RevenueUS$82.98m
Cost of RevenueUS$43.84m
Gross ProfitUS$39.15m
ExpensesUS$37.45m
EarningsUS$1.70m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.095
Gross Margin47.18%
Net Profit Margin2.05%
Debt/Equity Ratio0%

How did PCTI perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

234%

Payout Ratio

Valuation

Is PCTEL undervalued compared to its fair value and its price relative to the market?

59.6x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PCTI ($5.67) is trading above our estimate of fair value ($3.32)

Significantly Below Fair Value: PCTI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PCTI is poor value based on its PE Ratio (59.6x) compared to the US Communications industry average (28x).

PE vs Market: PCTI is poor value based on its PE Ratio (59.6x) compared to the US market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: PCTI is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: PCTI is good value based on its PB Ratio (1.5x) compared to the US Communications industry average (2.2x).


Future Growth

How is PCTEL forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

87.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PCTI's forecast earnings growth (87.6% per year) is above the savings rate (2%).

Earnings vs Market: PCTI's earnings (87.6% per year) are forecast to grow faster than the US market (14.2% per year).

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

Revenue vs Market: PCTI's revenue (12.4% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: PCTI's revenue (12.4% 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 PCTI's Return on Equity is forecast to be high in 3 years time


Past Performance

How has PCTEL performed over the past 5 years?

42.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PCTI has high quality earnings.

Growing Profit Margin: PCTI's current net profit margins (2.1%) are lower than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: PCTI has become profitable over the past 5 years, growing earnings by 42.1% per year.

Accelerating Growth: PCTI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PCTI had negative earnings growth (-49%) over the past year, making it difficult to compare to the Communications industry average (22.8%).


Return on Equity

High ROE: PCTI's Return on Equity (2.6%) is considered low.


Financial Health

How is PCTEL's financial position?


Financial Position Analysis

Short Term Liabilities: PCTI's short term assets ($62.6M) exceed its short term liabilities ($14.9M).

Long Term Liabilities: PCTI's short term assets ($62.6M) exceed its long term liabilities ($4.2M).


Debt to Equity History and Analysis

Debt Level: PCTI is debt free.

Reducing Debt: PCTI has not had any debt for past 5 years.

Debt Coverage: PCTI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PCTI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is PCTEL current dividend yield, its reliability and sustainability?

3.88%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PCTI's dividend (3.88%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: PCTI's dividend (3.88%) is in the top 25% of dividend payers in the US market (3.63%)


Stability and Growth of Payments

Stable Dividend: PCTI's dividends per share have been stable in the past 10 years.

Growing Dividend: PCTI's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (234%), PCTI's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

David Neumann (55 yo)

4.83yrs

Tenure

US$716,432

Compensation

Mr. David A. Neumann has been the Chief Executive Officer and Director of PCTEL, Inc. since January 2, 2017. Mr. Neumann served as Senior Vice President and General Manager of PCTEL RF Solutions Inc. from...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD716.43K) is about average for companies of similar size in the US market ($USD563.50K).

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


Leadership Team

Experienced Management: PCTI's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: PCTI's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PCTI 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

PCTEL, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: PCTEL, Inc.
  • Ticker: PCTI
  • Exchange: NasdaqGS
  • Founded: 1994
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: US$101.553m
  • Shares outstanding: 17.91m
  • Website: https://www.pctel.com

Number of Employees


Location

  • PCTEL, Inc.
  • 471 Brighton Drive
  • Bloomingdale
  • Illinois
  • 60108-3102
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 23:58
End of Day Share Price2021/11/30 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.