OTCPK:CRLI

Stock Analysis Report

Circuit Research Labs

Executive Summary

Circuit Research Labs, Inc. develops, manufactures, and markets electronic audio processing, transmission encoding, and noise reduction equipment for radio, television, cable, Internet, and professional audio markets worldwide.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Circuit Research Labs's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CRLI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

CRLI

-0.1%

US Electronic

0.6%

US Market


1 Year Return

n/a

CRLI

29.0%

US Electronic

24.6%

US Market

Return vs Industry: Insufficient data to determine how CRLI performed against the US Electronic industry.

Return vs Market: Insufficient data to determine how CRLI performed against the US Market.


Shareholder returns

CRLIIndustryMarket
7 Day0%-0.1%0.6%
30 Day-60.0%1.9%3.0%
90 Day-33.3%9.4%10.6%
1 Yearn/a30.3%29.0%27.3%24.6%
3 Year-20.0%-20.0%48.8%44.6%50.5%40.8%
5 Year-38.5%-38.5%88.8%79.2%78.9%59.1%

Price Volatility Vs. Market

How volatile is Circuit Research Labs's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Circuit Research Labs undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Circuit Research Labs is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Circuit Research Labs has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of CRLI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Circuit Research Labs regulatory filings here.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

How is Circuit Research Labs forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.9%

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 Circuit Research Labs 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

  • Take a look at our analysis of CRLI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Circuit Research Labs's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has Circuit Research Labs performed over the past 5 years?

11.9%

Historical Tech annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Circuit Research Labs has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Circuit Research Labs's financial position?


In this section we usually analyse Circuit Research Labs's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Circuit Research Labs has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of CRLI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Circuit Research Labs's financial data was last updated here.
  • Explore more healthy companies in the Tech industry.

Dividend

What is Circuit Research Labs's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate CRLI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CRLI'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 CRLI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CRLI'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 CRLI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Circuit Research Labs's salary, the management and board of directors tenure and is there insider trading?

18.9yrs

Average management tenure


CEO

Jay Brentlinger (64yo)

20.6yrs

Tenure

US$314,359

Compensation

Mr. Charles Jayson Brentlinger, also known as Jay, serves as the Chief Executive Officer, President and Manager of Orban, Inc. Mr. Brentlinger serves Chief Executive Officer and President of Circuit Resear ...


Management Age and Tenure

18.9yrs

Average Tenure

64yo

Average Age

Experienced Management: CRLI's management team is seasoned and experienced (18.9 years average tenure).


Board Age and Tenure

16.8yrs

Average Tenure

68yo

Average Age

Experienced Board: CRLI's board of directors are seasoned and experienced ( 16.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Jay Brentlinger (64yo)

    Chairman of the Board

    • Tenure: 20.6yrs
    • Compensation: US$314.36k
  • Bob Orban (73yo)

    Chief Engineer

    • Tenure: 19.7yrs
    • Compensation: US$386.07k
  • Greg Ogonowski (63yo)

    Vice President of New Product Development

    • Tenure: 19.3yrs
    • Compensation: US$169.81k
  • Peter Lee (64yo)

    Vice President of Orban European Operations

    • Tenure: 17.5yrs
    • Compensation: US$136.86k
  • Rebecca Nation (53yo)

    CFO, Vice President of Administrative Operations and Vice President of HR

    • Compensation: US$111.29k

Board Members

  • Jay Brentlinger (64yo)

    Chairman of the Board

    • Tenure: 20.6yrs
    • Compensation: US$314.36k
  • Bob Orban (73yo)

    Chief Engineer

    • Tenure: 19.7yrs
    • Compensation: US$386.07k
  • Christopher Kampmeier (67yo)

    Director

    • Tenure: 16.8yrs
  • Frank Iorio (69yo)

    Director

    • Tenure: 12.9yrs
  • Roger Sales (68yo)

    Director

    • Tenure: 12.5yrs
    • Compensation: US$85.60k

Company Information

Circuit Research Labs, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Circuit Research Labs, Inc.
  • Ticker: CRLI
  • Exchange: OTCPK
  • Founded: 1974
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$34.592k
  • Shares outstanding: 8.65m
  • Website: https://null

Location

  • Circuit Research Labs, Inc.
  • 7970 South Kyrene Road
  • Tempe
  • Arizona
  • 85284
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CRLIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 1983

Biography

Circuit Research Labs, Inc. develops, manufactures, and markets electronic audio processing, transmission encoding, and noise reduction equipment for radio, television, cable, Internet, and professional audio markets worldwide. Its products are used to control the audio quality and range of radio, television, cable, and Internet audio reception, as well as allow radio and television stations to broadcast in mono and stereo. The company sells its products through a network of wholesale distributors and dealers. Circuit Research Labs, Inc. was founded in 1974 and is headquartered in Tempe, Arizona. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/23 23:35
End of Day Share Price2020/01/13 00:00
Earnings2008/09/30
Annual Earnings2007/12/31


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.