BK Technologies Valuation

Q: What is the Fair Price of BKTI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

BKTI ($33.05) is trading below our estimate of [[fair value]] ($330.3)

Is BKTI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BKTI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BKTI ($33.05) is trading below our estimate of fair value ($330.3)

Significantly Below Fair Value: BKTI is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BKTI?

Key metric: As BKTI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BKTI. This is calculated by dividing BKTI's market cap by their current earnings.
What is BKTI's PE Ratio?
PE Ratio	23.6x
Earnings	US$4.99m
Market Cap	US$117.77m

BKTI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.5x
Enterprise Value/EBITDA	15x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does BKTI's PE Ratio compare to its peers?

The above table shows the PE ratio for BKTI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	22.1x
PCTI PCTEL	31.2x	17.1%	US$132.9m
GILT Gilat Satellite Networks	18.1x	4.5%	US$298.8m
CRNT Ceragon Networks	16.5x	35.5%	US$317.7m
AUDC AudioCodes	22.5x	32.8%	US$273.7m
BKTI BK Technologies	23.6x	n/a	US$117.8m

Price-To-Earnings vs Peers: BKTI is expensive based on its Price-To-Earnings Ratio (23.6x) compared to the peer average (22.1x).

Price to Earnings Ratio vs Industry

How does BKTI's PE Ratio compare vs other companies in the US Communications Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
ATVK Ameritek Ventures	3.4x	n/a	US$429.26k
NIHK Video River Networks	0.2x	n/a	US$310.03k

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BKTI is expensive based on its Price-To-Earnings Ratio (23.6x) compared to the North American Communications industry average (23x).

Price to Earnings Ratio vs Fair Ratio

What is BKTI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BKTI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	23.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BKTI's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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