NasdaqCM:TCCO

Stock Analysis Report

Technical Communications

Executive Summary

Technical Communications Corporation designs, develops, manufactures, distributes, markets, and sells communications security devices, systems, and services worldwide.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Risks

  • Technical Communications has significant price volatility in the past 3 months.
  • Technical Communications is not covered by any analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

6.5%

NasdaqCM:TCCO

-1.0%

US Communications

-1.6%

US Market


1 Year Return

-46.0%

NasdaqCM:TCCO

-5.4%

US Communications

-3.0%

US Market

TCCO underperformed the Communications industry which returned -1.9% over the past year.

TCCO underperformed the Market in United States of America which returned -0% over the past year.


Share holder returns

TCCOIndustryMarket
7 Day6.5%-1.0%-1.6%
30 Day10.8%-16.6%-5.8%
90 Day-21.4%-11.8%0.2%
1 Year-46.0%-46.0%-3.3%-5.4%-0.8%-3.0%
3 Year1.6%1.6%47.4%38.0%38.0%29.1%
5 Year-31.6%-31.6%74.8%56.9%50.8%34.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Technical Communications undervalued based on future cash flows and its price relative to the stock market?

4.21x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Technical Communications to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Technical Communications to establish if it is available at substantial discount.


Price Based on Earnings

Technical Communications is loss making, we can't compare its value to the US Communications industry average.

Technical Communications is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Technical Communications, we can't assess if its growth is good value.


Price Based on Value of Assets

Technical Communications is overvalued based on assets compared to the US Communications industry average.


Next Steps

Future Growth

How is Technical Communications expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.2%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Technical Communications has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Technical Communications performed over the past 5 years?

10.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Technical Communications does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Technical Communications's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Technical Communications's 1-year growth to the US Communications industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Technical Communications has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Technical Communications has efficiently used its assets last year compared to the US Communications industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Technical Communications improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Technical Communications's financial position?


Financial Position Analysis

Technical Communications is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Technical Communications has no long term commitments.


Debt to Equity History and Analysis

Technical Communications has no debt.

Technical Communications has not taken on any debt in the past 5 years.


Balance Sheet

High level of physical assets or inventory.

Technical Communications has no debt, it does not need to be covered by short term assets.


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.

Technical Communications has sufficient cash runway for 1.1 years based on current free cash flow.

Technical Communications has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of -65.5% each year.


Next Steps

Dividend

What is Technical Communications's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Technical Communications's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Technical Communications's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Technical Communications has not reported any payouts.

Unable to verify if Technical Communications's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Technical Communications has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Technical Communications's salary, the management and board of directors tenure and is there insider trading?

13.1yrs

Average board tenure


CEO

Carl Guild (74yo)

20.8yrs

Tenure

US$310,440

Compensation

Mr. Carl H. Guild, Jr. has been the President and Chief Executive Officer at Technical Communications Corporation since 1998 and has been its Chairman since February 12, 2001. From November 19, 1998, to F ...


CEO Compensation Analysis

Carl's remuneration is lower than average for companies of similar size in United States of America.

Carl's compensation has increased whilst company is loss making.


Board Age and Tenure

13.1yrs

Average Tenure

74.5yo

Average Age

The average tenure for the Technical Communications board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Carl Guild (74yo)

    Chairman

    • Tenure: 20.8yrs
    • Compensation: US$310.44k
  • Mike Malone (59yo)

    CFO, Treasurer & Assistant Secretary

    • Tenure: 19.5yrs
    • Compensation: US$166.12k
  • David White

    General Counsel & Corporate Secretary

    • Tenure: 0.0yrs

Board Members

  • Tom Peoples (70yo)

    Director

    • Tenure: 21.6yrs
    • Compensation: US$44.42k
  • Carl Guild (74yo)

    Chairman

    • Tenure: 20.8yrs
    • Compensation: US$310.44k
  • Ralph Norwood (75yo)

    Director

    • Tenure: 0.3yrs
  • Francisco Blanco (76yo)

    Director

    • Tenure: 7.8yrs
    • Compensation: US$43.02k

Company Information

Technical Communications Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Technical Communications Corporation
  • Ticker: TCCO
  • Exchange: NasdaqCM
  • Founded: 1961
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: US$4.946m
  • Shares outstanding: 1.85m
  • Website: https://www.tccsecure.com

Number of Employees


Location

  • Technical Communications Corporation
  • 100 Domino Drive
  • Concord
  • Massachusetts
  • 1742
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TCCONasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDSep 1983
59TDB (Deutsche Boerse AG)YesCommon StockDEEURSep 1983

Biography

Technical Communications Corporation designs, develops, manufactures, distributes, markets, and sells communications security devices, systems, and services worldwide. The company primarily provides voice, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 23:44
End of Day Share Price2019/08/23 00:00
Earnings2019/06/29
Annual Earnings2018/09/29


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.