TESSCO Technologies Incorporated architects and delivers product and value chain solutions to support wireless systems in the United States. More Details
Fair value with mediocre balance sheet.
Share Price & News
How has TESSCO Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TESS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: TESS's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: TESS underperformed the US Communications industry which returned -4.1% over the past year.
Return vs Market: TESS underperformed the US Market which returned 20.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is TESSCO Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHealth Check: How Prudently Does TESSCO Technologies (NASDAQ:TESS) Use Debt?
4 months ago | Simply Wall StTESSCO Technologies (NASDAQ:TESS) Share Prices Have Dropped 75% In The Last Five Years
5 months ago | Simply Wall StWho Has Been Selling TESSCO Technologies Incorporated (NASDAQ:TESS) Shares?
Is TESSCO Technologies undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TESS ($6.31) is trading below our estimate of fair value ($59.57)
Significantly Below Fair Value: TESS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TESS is unprofitable, so we can't compare its PE Ratio to the US Communications industry average.
PE vs Market: TESS 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 TESS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TESS is good value based on its PB Ratio (0.7x) compared to the US Communications industry average (1.8x).
How is TESSCO Technologies 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: TESS is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: TESS is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: TESS is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: TESS's revenue is expected to decline over the next 3 years (-12.6% per year).
High Growth Revenue: TESS's revenue is forecast to decline over the next 3 years (-12.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TESS's Return on Equity is forecast to be high in 3 years time
How has TESSCO Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TESS is currently unprofitable.
Growing Profit Margin: TESS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TESS is unprofitable, and losses have increased over the past 5 years at a rate of 64.2% per year.
Accelerating Growth: Unable to compare TESS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TESS is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-4.9%).
Return on Equity
High ROE: TESS has a negative Return on Equity (-30.1%), as it is currently unprofitable.
How is TESSCO Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: TESS's short term assets ($151.5M) exceed its short term liabilities ($108.9M).
Long Term Liabilities: TESS's short term assets ($151.5M) exceed its long term liabilities ($11.1M).
Debt to Equity History and Analysis
Debt Level: TESS's debt to equity ratio (40.2%) is considered high.
Reducing Debt: TESS's debt to equity ratio has increased from 1.8% to 40.2% over the past 5 years.
Debt Coverage: TESS's debt is well covered by operating cash flow (48%).
Interest Coverage: Insufficient data to determine if TESS's interest payments on its debt are well covered by EBIT.
What is TESSCO Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TESS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TESS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TESS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TESS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TESS is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TESS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sandip Mukerjee (57 yo)
Mr. Sandip Mukerjee serves as President, Chief Executive Officer and Director of TESSCO Technologies Incorporated since August 20, 2019. Mr. Mukerjee served as President of Global Professional and Consulti...
CEO Compensation Analysis
Compensation vs Market: Sandip's total compensation ($USD1.59M) is above average for companies of similar size in the US market ($USD561.31K).
Compensation vs Earnings: Insufficient data to compare Sandip's compensation with company performance.
|Founder & Director||38.83yrs||US$250.75k||17.07% |
|CFO, Senior VP & Corporate Secretary||7.08yrs||US$427.34k||0.29% |
|Senior Vice President of Performance Systems & Operations||21.33yrs||US$469.09k||0.83% |
|Senior VP & Chief Information Officer||no data||US$386.46k||0.080% |
|Senior Vice President of Retail Sales & Product Marketing||3.67yrs||US$396.12k||0.12% |
|Senior Vice President of Sales||0.58yr||no data||no data|
|Controller||7.08yrs||no data||no data|
|VP & Treasurer||no data||no data||no data|
Experienced Management: TESS's management team is seasoned and experienced (7.1 years average tenure).
|Founder & Director||38.83yrs||US$250.75k||17.07% |
|Independent Director||2.42yrs||US$131.17k||0.21% |
|Independent Chairman||0.25yr||US$148.17k||0.31% |
|Independent Director||27yrs||US$136.17k||1.06% |
|Independent Director||no data||no data||no data|
|Independent Director||13.83yrs||US$134.67k||0.41% |
|Independent Director||0.33yr||no data||0.11% |
|Independent Director||no data||no data||0.095% |
Experienced Board: TESS's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TESS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.
TESSCO Technologies Incorporated's company bio, employee growth, exchange listings and data sources
- Name: TESSCO Technologies Incorporated
- Ticker: TESS
- Exchange: NasdaqGS
- Founded: 1982
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$55.279m
- Shares outstanding: 8.76m
- Website: https://www.tessco.com
Number of Employees
- TESSCO Technologies Incorporated
- 11126 McCormick Road
- Hunt Valley
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TESS||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Sep 1994|
|TT5||BST (Boerse-Stuttgart)||Yes||Common Stock||DE||EUR||Sep 1994|
TESSCO Technologies Incorporated architects and delivers product and value chain solutions to support wireless systems in the United States. The company offers base station infrastructure products, includi...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/29 00:22|
|End of Day Share Price||2020/11/27 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.