NasdaqGM:TACT

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TransAct Technologies

Executive Summary

TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

3.5%

TACT

5.1%

US Tech

2.3%

US Market


1 Year Return

-63.3%

TACT

78.7%

US Tech

6.7%

US Market

Return vs Industry: TACT underperformed the US Tech industry which returned 79.7% over the past year.

Return vs Market: TACT underperformed the US Market which returned 6.1% over the past year.


Shareholder returns

TACTIndustryMarket
7 Day3.5%5.1%2.3%
30 Day0.4%7.9%1.5%
90 Day27.6%40.6%17.8%
1 Year-62.7%-63.3%81.2%78.7%9.0%6.7%
3 Year-42.9%-47.2%146.1%133.2%36.6%27.7%
5 Year-27.0%-38.1%199.3%172.6%64.2%46.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: TACT ($4.67) is trading above our estimate of fair value ($0.46)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TACT's PB Ratio (1.4x) is in line with the US Tech industry average.


Next Steps

Future Growth

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

52.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TACT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: TACT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: TACT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: TACT's revenue (7.5% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: TACT's revenue (7.5% 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 TACT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has TransAct Technologies performed over the past 5 years?

14.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TACT is currently unprofitable.

Growing Profit Margin: TACT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TACT is unprofitable, but has reduced losses over the past 5 years at a rate of 14.6% per year.

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

Earnings vs Industry: TACT is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-8.5%).


Return on Equity

High ROE: TACT has a negative Return on Equity (-4.79%), as it is currently unprofitable.


Next Steps

Financial Health

How is TransAct Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: TACT's short term assets ($21.0M) exceed its short term liabilities ($6.5M).

Long Term Liabilities: TACT's short term assets ($21.0M) exceed its long term liabilities ($3.8M).


Debt to Equity History and Analysis

Debt Level: TACT's debt to equity ratio (3.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if TACT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: TACT's debt is well covered by operating cash flow (356.3%).

Interest Coverage: Insufficient data to determine if TACT's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is TransAct Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if TACT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TACT is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TACT'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?

9.2yrs

Average management tenure


CEO

Bart Shuldman (63yo)

24.08yrs

Tenure

US$1,422,642

Compensation

Mr. Bart C. Shuldman has been the Chief Executive Officer of Transact Technologies Inc. since June 1996 and its Executive Chairman since February 2001. Mr. Shuldman serves as the Chief Executive Officer an ...


CEO Compensation Analysis

Compensation vs Market: Bart's total compensation ($USD1.42M) is above average for companies of similar size in the US market ($USD620.12K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Bart Shuldman
Executive Chairman & CEO24.08yrsUS$1.42m0.92% $324.2k
Steven DeMartino
President10.08yrsUS$699.63k0.90% $318.2k
Andrew Hoffman
Senior Vice President of Operations15.67yrsUS$331.63k0.18% $63.2k
Tracey Chernay
Senior Vice President of Casino15.17yrsUS$302.91kno data
Donald Brooks
Senior Vice President of Engineering8.25yrsUS$278.98k0.0033% $1.2k
David Peters
VP & Chief Accounting Officer2.33yrsno datano data
Raymond Walsh
Senior Vice President of Global Sales1.42yrsno datano data
David Block
Senior Vice President of Software Engineering3.33yrsno datano data

9.2yrs

Average Tenure

60yo

Average Age

Experienced Management: TACT's management team is seasoned and experienced (9.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bart Shuldman
Executive Chairman & CEO24.08yrsUS$1.42m0.92% $324.2k
Thomas Schwarz
Independent Director24.08yrsUS$85.50k0.56% $195.6k
John Dillon
Independent Director9.08yrsUS$85.50k0.58% $203.3k
Emanuel P. Hilario
Independent Director1.17yrsUS$68.80kno data
Haydee Olinger
Independent Director2yrsUS$85.50k0.059% $20.8k

9.1yrs

Average Tenure

63yo

Average Age

Experienced Board: TACT's board of directors are considered experienced (9.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: TACT 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

TransAct Technologies Incorporated's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TransAct Technologies Incorporated
  • Ticker: TACT
  • Exchange: NasdaqGM
  • Founded: 1996
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: US$35.210m
  • Shares outstanding: 7.54m
  • Website: https://www.transact-tech.com

Number of Employees


Location

  • TransAct Technologies Incorporated
  • One Hamden Center
  • Suite 3B
  • Hamden
  • Connecticut
  • 6518
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TACTNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDAug 1996

Biography

TransAct Technologies Incorporated designs, develops, and markets transaction-based and specialty printers and terminals in the United States and internationally. It offers thermal and inkjet printers and terminals to generate labels, coupons, and transaction records, such as receipts, tickets, and other documents, as well as printed logging and plotting of data. The company also provides consumable products, including inkjet cartridges, ribbons, receipt papers, color thermal papers, food safety labels, and other printing supplies, as well as replacement parts; maintenance, repair, and testing services; and refurbished printers. In addition, it offers EPICENTRAL print system, a software solution that enables casino operators to create promotional coupons and marketing messages, and print them at the slot machine; and technical support services, as well as spare parts and accessories. Further, the company provides AccuDate terminals for the restaurant solutions market combine hardware and software in a device that includes an operating system, touchscreen, and one or two thermal print mechanisms. The company markets its products under the BOHA!, AccuDate, Epic, EPICENTRAL, Ithaca, and Printrex brand names for restaurant, point of sale automation and banking, casino and gaming, lottery, oil and gas, and hospitality markets, as well as government. It sells its products to original equipment manufacturers, resellers, and distributors, as well as through directly and online Webstore transactsupplies.com to end-users. TransAct Technologies Incorporated was founded in 1996 and is headquartered in Hamden, Connecticut. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/11 00:07
End of Day Share Price2020/07/10 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.