BK Technologies
Market Cap
US$54.5m
Last Updated
2019/03/30 23:43 UTC
Data Sources
Company Financials
Executive Summary
BK Technologies Corporation designs, manufactures, and markets wireless communications products in the United States and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has BK Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BKTI has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.7%
BKTI
-12.5%
US Communications
-10.6%
US Market
1 Year Return
8.1%
BKTI
-21.4%
US Communications
5.2%
US Market
Return vs Industry: BKTI exceeded the US Communications industry which returned 6.7% over the past year.
Return vs Market: BKTI underperformed the US Market which returned 24.7% over the past year.
Shareholder returns
| BKTI | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.7% | -12.5% | -10.6% |
| 30 Day | 10.1% | -13.6% | -8.5% |
| 90 Day | 13.3% | -10.7% | -4.6% |
| 1 Year | 10.3%8.1% | -19.7%-21.4% | 7.4%5.2% |
| 3 Year | -2.1%-12.5% | 14.9%7.5% | 31.7%23.2% |
| 5 Year | 53.1%36.9% | 40.6%24.6% | 56.4%39.3% |
Price Volatility Vs. Market
How volatile is BK Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is BK Technologies undervalued compared to its fair value and its price relative to the market?
1.98x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: BKTI ($4.27) is trading above our estimate of fair value ($1.72)
Significantly Below Fair Value: BKTI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BKTI is unprofitable, so we can't compare its PE Ratio to the Communications industry average.
PE vs Market: BKTI 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 BKTI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BKTI is overvalued based on its PB Ratio (2x) compared to the US Communications industry average (1.9x).
Next Steps
Future Growth
How is BK Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
31.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BKTI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.7%).
Earnings vs Market: BKTI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BKTI's is expected to become profitable in the next 3 years.
Revenue vs Market: Insufficient data to determine if BKTI's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if BKTI's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BKTI's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has BK Technologies performed over the past 5 years?
-46.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKTI is currently unprofitable.
Growing Profit Margin: BKTI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BKTI is unprofitable, and losses have increased over the past 5 years at a rate of -46.7% per year.
Accelerating Growth: Unable to compare BKTI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BKTI is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (12.6%).
Return on Equity
High ROE: BKTI has a negative Return on Equity (-0.7%), as it is currently unprofitable.
Next Steps
Financial Health
How is BK Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: BKTI's short term assets ($30.9M) exceed its short term liabilities ($9.9M).
Long Term Liabilities: BKTI's short term assets ($30.9M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: BKTI is debt free.
Reducing Debt: BKTI had no debt 5 years ago.
Balance Sheet
Inventory Level: BKTI has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if BKTI's debt is 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.
Stable Cash Runway: BKTI has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: BKTI has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is BK Technologies's current dividend yield, its reliability and sustainability?
1.87%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BKTI's dividend (1.87%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: BKTI's dividend (1.87%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: BKTI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BKTI has only been paying a dividend for 3 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: BKTI is paying a dividend but the company is unprofitable.
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?
1.6yrs
Average management tenure
CEO
BK Technologies has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.2yrs | US$448.93k | no data | |
| Executive VP | 21.7yrs | US$367.01k | no data | |
| Chief Operating Officer | 1.6yrs | US$338.24k | no data | |
| Chief Technology Officer | 1.6yrs | US$348.29k | no data | |
| Chief Scientist | 1.6yrs | US$204.35k | no data |
1.6yrs
Average Tenure
59yo
Average Age
Experienced Management: BKTI's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 0.8yrs | US$130.75k | no data | |
| Independent Director | 2yrs | US$83.00k | no data | |
| Independent Director | 2.2yrs | US$94.25k | no data | |
| Co-Chairman | 0.8yrs | US$127.00k | no data | |
| Independent Director | 2yrs | US$83.00k | no data | |
| Independent Director | 2yrs | US$90.00k | no data | |
| Independent Director | 2yrs | US$86.00k | no data |
2.0yrs
Average Tenure
48yo
Average Age
Experienced Board: BKTI's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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.
Ownership Breakdown
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
Top Shareholders
Company Information
BK Technologies Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: BK Technologies Corporation
- Ticker: BKTI
- Exchange: AMEX
- Founded: 1947
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$54.461m
- Shares outstanding: 12.75m
- Website: https://www.bktechnologies.com
Number of Employees
Location
- BK Technologies Corporation
- 7100 Technology Drive
- West Melbourne
- Florida
- 32904
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BKTI | AMEX (NYSE MKT LLC) | Yes | Common Stock | US | USD | Oct 1978 |
Biography
BK Technologies, Inc. designs, manufactures, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios, repeaters, base stations, and related components and subsystems under BK Technologies, BK Radio, and RELM brand names. Its BK Technologies and BK Radio branded products include land-mobile radio equipment for professional radio users primarily in government, public safety, and military applications, as well as P-25 digital products; and RELM branded products provide two-way communications for commercial and industrial concerns, such as hotels, construction firms, schools, and transportation services. The company was formerly known as RELM Wireless Corporation and changed its name to BK Technologies, Inc. in June 2018. BK Technologies, Inc. was founded in 1957 and is headquartered in West Melbourne, Florida.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/03/30 23:43 |
| End of Day Share Price | 2019/03/28 00:00 |
| Earnings | 2018/12/31 |
| 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.