PCTI Stock Overview
PCTEL, Inc., together with its subsidiaries, provides industrial Internet of Thing devices (IoT), antenna systems, and test and measurement solutions worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$5.67|
|52 Week High||US$11.05|
|52 Week Low||US$5.58|
|1 Month Change||-1.56%|
|3 Month Change||-16.00%|
|1 Year Change||-12.77%|
|3 Year Change||34.36%|
|5 Year Change||12.06%|
|Change since IPO||-75.87%|
Recent News & Updates
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.
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...
|PCTI||US Communications||US Market|
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.
|PCTI Average Weekly Movement||3.7%|
|Communications Industry Average Movement||6.3%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
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
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
|PCTI fundamental statistics|
Is PCTI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PCTI income statement (TTM)|
|Cost of Revenue||US$43.84m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.095|
|Net Profit Margin||2.05%|
How did PCTI perform over the long term?See historical performance and comparison
3.9%Current Dividend Yield
Is PCTEL undervalued compared to its fair value and its price relative to the market?
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).
How is PCTEL forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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
How has PCTEL performed over the past 5 years?
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.
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 ($4.2M).
Debt to Equity History and Analysis
Debt Level: PCTI is debt free.
Reducing Debt: PCTI has not had any debt for past 5 years.
Debt Coverage: PCTI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PCTI has no debt, therefore coverage of interest payments is not a concern.
What is PCTEL current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PCTI's dividend (3.88%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: PCTI's dividend (3.88%) is in the top 25% of dividend payers in the US market (3.63%)
Stability and Growth of Payments
Stable Dividend: PCTI's dividends per share have been stable in the past 10 years.
Growing Dividend: PCTI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (234%), PCTI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Neumann (55 yo)
Mr. David A. Neumann has been the Chief Executive Officer and Director of PCTEL, Inc. since January 2, 2017. Mr. Neumann served as Senior Vice President and General Manager of PCTEL RF Solutions Inc. from...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($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.
Experienced Management: PCTI's management team is considered experienced (4 years average tenure).
Experienced Board: PCTI's board of directors are considered experienced (6 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PCTEL, Inc.'s employee growth, exchange listings and data sources
- 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
- PCTEL, Inc.
- 471 Brighton Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 23:58|
|End of Day Share Price||2021/11/30 00:00|
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.