Blonder Tongue Laboratories
Market Cap
US$7.1m
Last Updated
2020/02/16 23:34 UTC
Data Sources
Company Financials
Executive Summary
Blonder Tongue Laboratories, Inc., a technology-development and manufacturing company, provides television signal encoding, transcoding, digital transport, and broadband product solutions in the United States.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has Blonder Tongue Laboratories's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BDR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.5%
BDR
-1.1%
US Communications
1.8%
US Market
1 Year Return
-32.8%
BDR
-5.1%
US Communications
20.1%
US Market
Return vs Industry: BDR underperformed the US Communications industry which returned -5.1% over the past year.
Return vs Market: BDR underperformed the US Market which returned 20.1% over the past year.
Shareholder returns
| BDR | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | -1.1% | 1.8% |
| 30 Day | -10.6% | -4.1% | 1.4% |
| 90 Day | 17.8% | 3.1% | 8.8% |
| 1 Year | -32.8%-32.8% | -2.9%-5.1% | 22.7%20.1% |
| 3 Year | -2.3%-2.3% | 30.7%22.4% | 50.1%40.4% |
| 5 Year | -58.4%-58.4% | 54.0%36.4% | 72.9%53.9% |
Price Volatility Vs. Market
How volatile is Blonder Tongue Laboratories's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Imagine Owning Blonder Tongue Laboratories (NYSEMKT:BDR) And Wondering If The 47% Share Price Slide Is Justified1 month ago | Simply Wall St
How Much Of Blonder Tongue Laboratories, Inc. (NYSEMKT:BDR) Do Insiders Own?2 months ago | Simply Wall St
We're Not So Sure You Should Rely on Blonder Tongue Laboratories's (NYSEMKT:BDR) Statutory EarningsValuation
Is Blonder Tongue Laboratories undervalued compared to its fair value and its price relative to the market?
2.94x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BDR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BDR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BDR is good value based on its PE Ratio (2.9x) compared to the Communications industry average (26.1x).
PE vs Market: BDR is good value based on its PE Ratio (2.9x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BDR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BDR is good value based on its PB Ratio (0.6x) compared to the US Communications industry average (1.8x).
Next Steps
Future Growth
How is Blonder Tongue Laboratories forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.4%
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 Blonder Tongue Laboratories 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
- Examine whether Blonder Tongue Laboratories is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Blonder Tongue Laboratories competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has Blonder Tongue Laboratories performed over the past 5 years?
51.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BDR has a high level of non-cash earnings.
Growing Profit Margin: BDR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BDR has become profitable over the past 5 years, growing earnings by 51.1% per year.
Accelerating Growth: BDR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BDR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Communications industry (-25.2%).
Return on Equity
High ROE: BDR's Return on Equity (21.4%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Blonder Tongue Laboratories's financial position?
Financial Position Analysis
Short Term Liabilities: BDR's short term assets ($12.1M) exceed its short term liabilities ($4.7M).
Long Term Liabilities: BDR's short term assets ($12.1M) exceed its long term liabilities ($2.8M).
Debt to Equity History and Analysis
Debt Level: BDR's debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: BDR's debt to equity ratio has reduced from 33.1% to 8% over the past 5 years.
Balance Sheet
Inventory Level: BDR has a high level of physical assets or inventory.
Debt Coverage by Assets: BDR's debt is covered by short term assets (assets are 13.8x debt).
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.
Stable Cash Runway: BDR is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: BDR is profitable, therefore cash runway is not a concern.
Next Steps
Dividend
What is Blonder Tongue Laboratories's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate BDR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BDR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BDR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BDR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BDR'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?
1.6yrs
Average management tenure
CEO
Ted Grauch (52yo)
0.08yrs
Tenure
Mr. Edward Rowland Grauch, also known as Ted, has been the Chief Executive Officer at Blonder Tongue Laboratories, Inc. since January 1, 2020. Mr. Grauch has been the President of Blonder Tongue Laboratori ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Senior VP | 18.8yrs | US$228.36k | 0.090% $6.4k | |
| President & CEO | 0.08yrs | no data | 1.99% $140.5k | |
| VP of Engineering & CTO | 1.6yrs | no data | 0.14% $9.8k |
1.6yrs
Average Tenure
52yo
Average Age
Experienced Management: BDR's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 12yrs | US$60.32k | 2.32% $164.2k | |
| Director | 26.4yrs | US$170.09k | 27.76% $2.0m | |
| Independent Director | 22.2yrs | US$56.15k | 2.96% $208.7k | |
| Independent Director | 26.4yrs | US$54.75k | 2.39% $168.6k | |
| Independent Director | 5yrs | US$51.55k | 4.5% $317.7k | |
| Independent Director | 2.1yrs | US$54.84k | 0.70% $49.2k | |
| Independent Chairman | 4.8yrs | US$84.85k | 6.72% $474.4k | |
| Independent Director | 8.4yrs | US$59.15k | 2.47% $174.1k | |
| Director | 0.08yrs | no data | no data |
8.4yrs
Average Tenure
63yo
Average Age
Experienced Board: BDR's board of directors are considered experienced (8.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BDR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9%.
Top Shareholders
Company Information
Blonder Tongue Laboratories, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Blonder Tongue Laboratories, Inc.
- Ticker: BDR
- Exchange: AMEX
- Founded: 1950
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$7.062m
- Shares outstanding: 9.63m
- Website: https://www.blondertongue.com
Number of Employees
Location
- Blonder Tongue Laboratories, Inc.
- One Jake Brown Road
- Old Bridge
- New Jersey
- 8857
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BDR | AMEX (NYSE MKT LLC) | Yes | Common Stock | US | USD | Dec 1995 |
Biography
Blonder Tongue Laboratories, Inc., a technology-development and manufacturing company, provides television signal encoding, transcoding, digital transport, and broadband product solutions in the United States. It offers digital video headend products comprising high definition and SD, MPEG-2, and MPEG-4/H.264 encoders, as well as quadrature phase shift key to quadrature amplitude modulation (QAM) transcoders; digital QAM multiplexers; ATSC/QAM-IP transcoders; and EdgeQAM devices. The company provides its digital video headend products for use by system operators for acquisition, processing, compression, encoding, and management of digital videos. In addition, the company offers analog video headend products, including pre-fabricated headends to accommodate legacy analog television systems, modulators, demodulators, and processors for use by system operators for signal acquisition, processing, and manipulation to create an analog channel lineup for further transmission. Further, it provides hybrid-fiber coax distribution products comprising broadband amplifiers, directional taps, splitters, and wall outlets for coax distribution and fiber optic transmitters, receivers, and couplers. Additionally, the company offers data products to deliver data, video, and voice-over-coaxial in hospitality, multiple dwelling unit, and college campus locations; and test instruments, contract manufacturing and technical services, reception products, and miscellaneous products and services. It serves television broadcasters, cable system operators, and lodging/hospitality video and high-speed Internet system operators, as well as commercial/institutional/enterprise system operators, including educational campus environments, correctional facilities, short and long term health service environments, sports stadiums, and airport terminals through its sales force and stocking distributors. Blonder Tongue Laboratories, Inc. was founded in 1950 and is headquartered in Old Bridge, New Jersey.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 23:34 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.