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Market Cap

US$119.7m

Last Updated

2021/05/05 23:16 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has PCTEL's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PCTI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: PCTI's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

0%

PCTI

-0.9%

US Communications

-1.6%

US Market


1 Year Return

3.3%

PCTI

25.9%

US Communications

52.8%

US Market

Return vs Industry: PCTI underperformed the US Communications industry which returned 25.2% over the past year.

Return vs Market: PCTI underperformed the US Market which returned 52.4% over the past year.


Shareholder returns

PCTIIndustryMarket
7 Day0%-0.9%-1.6%
30 Day-6.1%-3.4%1.3%
90 Day-21.8%5.2%3.5%
1 Year6.9%3.3%29.2%25.9%55.4%52.8%
3 Year1.3%-8.7%16.4%8.1%63.5%53.2%
5 Year66.0%40.0%96.7%74.4%125.8%100.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PCTI ($6.62) is trading below our estimate of fair value ($22.73)

Significantly Below Fair Value: PCTI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PCTI is good value based on its PE Ratio (35.3x) compared to the US Communications industry average (37.6x).

PE vs Market: PCTI is poor value based on its PE Ratio (35.3x) compared to the US market (20.6x).


Price to Earnings Growth Ratio

PEG Ratio: PCTI is poor value based on its PEG Ratio (6x)


Price to Book Ratio

PB vs Industry: PCTI is good value based on its PB Ratio (1.7x) compared to the US Communications industry average (2.7x).


Future Growth

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

5.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PCTI's forecast earnings growth (5.9% per year) is above the savings rate (2%).

Earnings vs Market: PCTI's earnings (5.9% per year) are forecast to grow slower than the US market (16% per year).

High Growth Earnings: PCTI's earnings are forecast to grow, but not significantly.

Revenue vs Market: PCTI's revenue (7.8% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: PCTI's revenue (7.8% 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?

28.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PCTI has high quality earnings.

Growing Profit Margin: PCTI's current net profit margins (4.4%) are higher than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: PCTI has become profitable over the past 5 years, growing earnings by 28.5% 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 (-8.8%) over the past year, making it difficult to compare to the Communications industry average (-4%).


Return on Equity

High ROE: PCTI's Return on Equity (4.8%) is considered low.


Financial Health

How is PCTEL's financial position?


Financial Position Analysis

Short Term Liabilities: PCTI's short term assets ($64.6M) exceed its short term liabilities ($11.7M).

Long Term Liabilities: PCTI's short term assets ($64.6M) exceed its long term liabilities ($4.4M).


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?

3.32%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PCTI's dividend (3.32%) is higher than the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: PCTI's dividend (3.32%) is low compared to the top 25% of dividend payers in the US market (3.42%).


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 (117.2%), 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?

4.3yrs

Average management tenure


CEO

David Neumann (54 yo)

4.33yrs

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 ($USD716.43K) is above average for companies of similar size in the US market ($USD522.05K).

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 (4.3 years average tenure).


Board Members

Experienced Board: PCTI's board of directors are considered experienced (5.5 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PCTEL, Inc.'s company bio, 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$119.714m
  • Shares outstanding: 18.08m
  • Website: https://www.pctel.com

Number of Employees


Location

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

Listings


Biography

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 Wi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/05 23:16
End of Day Share Price2021/05/05 00:00
Earnings2020/12/31
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.