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Track Group

OTCPK:TRCK
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TRCK
OTCPK
$6M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Track Group, Inc., together with its subsidiaries, designs, manufactures, and markets location tracking devices; and develops and sells various related software, services, accessories, networking solutions, and monitoring applications. The last earnings update was 31 days ago. More info.


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  • Track Group has significant price volatility in the past 3 months.
TRCK Share Price and Events
7 Day Returns
3.6%
OTCPK:TRCK
3%
US Electronic
2.9%
US Market
1 Year Returns
-43.6%
OTCPK:TRCK
-1%
US Electronic
1.4%
US Market
TRCK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Track Group (TRCK) 3.6% 3.6% -18.6% -43.6% -92.7% -97%
US Electronic 3% 2.3% 17.7% -1% 59.1% 59.1%
US Market 2.9% 2.5% 10% 1.4% 38.3% 42%
1 Year Return vs Industry and Market
  • TRCK underperformed the Electronic industry which returned -1% over the past year.
  • TRCK underperformed the Market in United States of America which returned 1.4% over the past year.
Price Volatility
TRCK
Industry
5yr Volatility vs Market

TRCK Value

 Is Track Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Track Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Track Group.

OTCPK:TRCK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 14.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:TRCK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.071 (1 + (1- 21%) (520.92%))
4.001
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (2 * 5.96%)
14.65%

Discounted Cash Flow Calculation for OTCPK:TRCK using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Track Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:TRCK DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 14.65%)
2019 5.13 Est @ 73.57% 4.47
2020 7.81 Est @ 52.32% 5.94
2021 10.73 Est @ 37.44% 7.12
2022 13.63 Est @ 27.03% 7.89
2023 16.33 Est @ 19.74% 8.24
2024 18.71 Est @ 14.64% 8.24
2025 20.79 Est @ 11.06% 7.98
2026 22.57 Est @ 8.56% 7.56
2027 24.10 Est @ 6.81% 7.04
2028 25.45 Est @ 5.59% 6.49
Present value of next 10 years cash flows $70.98
OTCPK:TRCK DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $25.45 × (1 + 2.73%) ÷ (14.65% – 2.73%)
$219.34
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $219.34 ÷ (1 + 14.65%)10
$55.89
OTCPK:TRCK Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $70.98 + $55.89
$126.87
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $126.87 / 11.40
$11.13
OTCPK:TRCK Discount to Share Price
Calculation Result
Value per share (USD) From above. $11.13
Current discount Discount to share price of $0.57
= -1 x ($0.57 - $11.13) / $11.13
94.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Track Group is available for.
Intrinsic value
>50%
Share price is $0.57 vs Future cash flow value of $11.13
Current Discount Checks
For Track Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Track Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Track Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Track Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Track Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:TRCK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.56
OTCPK:TRCK Share Price ** OTCPK (2019-03-15) in USD $0.57
United States of America Electronic Industry PE Ratio Median Figure of 92 Publicly-Listed Electronic Companies 19.59x
United States of America Market PE Ratio Median Figure of 3,054 Publicly-Listed Companies 17.61x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Track Group.

OTCPK:TRCK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:TRCK Share Price ÷ EPS (both in USD)

= 0.57 ÷ -0.56

-1.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Track Group is loss making, we can't compare its value to the US Electronic industry average.
  • Track Group is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Track Group's expected growth come at a high price?
Raw Data
OTCPK:TRCK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Electronic Industry PEG Ratio Median Figure of 60 Publicly-Listed Electronic Companies 1.38x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Track Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Track Group's assets?
Raw Data
OTCPK:TRCK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.00
OTCPK:TRCK Share Price * OTCPK (2019-03-15) in USD $0.57
United States of America Electronic Industry PB Ratio Median Figure of 151 Publicly-Listed Electronic Companies 2.11x
United States of America Market PB Ratio Median Figure of 5,152 Publicly-Listed Companies 1.87x
OTCPK:TRCK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:TRCK Share Price ÷ Book Value per Share (both in USD)

= 0.57 ÷ 0.00

-675.36x

* Primary Listing of Track Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Track Group has negative assets, we can't compare the value of its assets to the US Electronic industry average.
X
Value checks
We assess Track Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Track Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TRCK Future Performance

 How is Track Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Track Group 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Track Group expected to grow at an attractive rate?
  • Unable to compare Track Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Track Group's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Track Group's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:TRCK Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Electronic Industry Earnings Growth Rate Market Cap Weighted Average 17%
United States of America Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:TRCK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:TRCK Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OTCPK:TRCK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 31 7 -6
2018-09-30 31 6 -5
2018-06-30 30 7 -6
2018-03-31 30 4 -3
2017-12-31 30 2 -3
2017-09-30 30 4 -5
2017-06-30 30 2 -6
2017-03-31 29 2 -9
2016-12-31 29 4 -9
2016-09-30 27 1 -8
2016-06-30 26 2 -8
2016-03-31 24 -1 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Track Group is high growth as no earnings estimate data is available.
  • Unable to determine if Track Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:TRCK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Track Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TRCK Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OTCPK:TRCK Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.56
2018-09-30 -0.51
2018-06-30 -0.56
2018-03-31 -0.32
2017-12-31 -0.30
2017-09-30 -0.45
2017-06-30 -0.59
2017-03-31 -0.84
2016-12-31 -0.87
2016-09-30 -0.83
2016-06-30 -0.76
2016-03-31 -0.87

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Track Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of TRCK’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.
  2. Track Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. 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 Track Group's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Track Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Track Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TRCK Past Performance

  How has Track Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Track Group's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Track Group does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Track Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Track Group's 1-year growth to the US Electronic industry average as it is not currently profitable.
Earnings and Revenue History
Track Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Track Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TRCK Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 31.29 -6.12 15.74 0.95
2018-09-30 30.57 -5.43 15.88 0.86
2018-06-30 29.97 -5.91 15.85 0.93
2018-03-31 29.64 -3.31 15.87 0.96
2017-12-31 29.55 -3.15 14.83 1.46
2017-09-30 29.73 -4.73 14.53 1.78
2017-06-30 29.77 -6.12 15.31 2.13
2017-03-31 29.18 -8.65 14.80 2.45
2016-12-31 28.55 -8.98 15.04 2.36
2016-09-30 27.19 -8.50 15.31 2.42
2016-06-30 25.58 -7.76 15.46 2.07
2016-03-31 24.27 -8.89 16.27 2.00
2015-12-31 22.49 -5.58 17.18 1.65
2015-09-30 20.79 -5.67 16.24 1.56
2015-06-30 18.87 -7.11 14.66 1.69
2015-03-31 16.58 -7.01 13.79 1.58
2014-12-31 14.22 -9.70 12.23 1.75
2014-09-30 12.26 -8.76 11.30 1.61
2014-06-30 10.83 -17.12 9.79 1.47
2014-03-31 10.36 -18.45 8.25 1.31
2013-12-31 12.71 -19.19 7.81 1.11
2013-09-30 15.64 -19.38 7.68 0.99
2013-06-30 16.08 -17.88 8.02 0.93
2013-03-31 16.61 -18.40 10.67 0.97
2012-12-31 14.36 -18.85 11.30 1.12
2012-09-30 13.11 -19.63 12.62 1.25
2012-06-30 16.08 -12.84 15.74 1.31
2012-03-31 17.30 -11.05 14.88 1.35

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Track Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Track Group has efficiently used its assets last year compared to the US Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Track Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Track Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Track Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TRCK Health

 How is Track Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Track Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Track Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Track Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Track Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Track Group has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Track Group Company Filings, last reported 2 months ago.

OTCPK:TRCK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 -0.01 33.85 5.87
2018-09-30 1.64 33.87 5.45
2018-06-30 2.21 33.87 5.21
2018-03-31 3.95 33.82 2.66
2017-12-31 5.38 33.79 1.76
2017-09-30 5.98 33.75 2.03
2017-06-30 7.21 33.71 1.89
2017-03-31 4.69 33.67 2.22
2016-12-31 5.71 33.63 2.49
2016-09-30 8.69 33.59 1.77
2016-06-30 10.16 31.55 2.01
2016-03-31 11.99 31.52 2.16
2015-12-31 12.65 30.45 2.47
2015-09-30 14.37 30.99 4.90
2015-06-30 17.55 30.16 4.52
2015-03-31 19.34 29.82 6.69
2014-12-31 17.73 30.35 5.19
2014-09-30 19.92 30.47 11.10
2014-06-30 23.22 19.95 1.73
2014-03-31 26.09 16.25 7.37
2013-12-31 22.84 2.81 1.33
2013-09-30 23.96 0.19 3.38
2013-06-30 17.90 6.09 4.03
2013-03-31 21.55 3.74 2.70
2012-12-31 4.99 16.20 0.92
2012-09-30 4.43 14.81 0.46
2012-06-30 13.22 4.28 0.82
2012-03-31 14.52 3.27 1.14
  • Track Group has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Track Group's debt level has increased considering it has negative shareholder equity.
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.

  • Whilst loss making Track Group has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Track Group has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -102% per year.
X
Financial health checks
We assess Track Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Track Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TRCK Dividends

 What is Track Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Track Group dividends.
If you bought $2,000 of Track Group shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Track Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Track Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:TRCK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Electronic Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:TRCK Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Track Group has not reported any payouts.
  • Unable to verify if Track Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Track Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Track Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Track Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Track Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Track Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TRCK Management

 What is the CEO of Track Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Derek Cassell
COMPENSATION $611,923
AGE 44
TENURE AS CEO 1.2 years
CEO Bio

Mr. Derek Cassell has been Chief Executive Officer of Track Group, Inc. since January 1, 2018. Mr. Cassell served as President of Track Group, Inc. from December 19, 2016 to January 1, 2018. and served as its Divisional President of Americas since June 2014 until December 2016. Mr. Cassell joined Track Group in June of 2014 through the strategic acquisition of Emerge Monitoring. Prior to Track Group, he was an Executive Vice President of Emerge Monitoring, which was part of the Bankers Surety Team. Mr. Cassell has over 20 years experience providing correctional solutions to the criminal justice industry. His previous positions include Director of Operations for ADT Correctional Services, Director of Customer Support for G4S Justice Services and National Sales and Marketing Manager for ElmoTech Inc. He holds a Criminal Justice Degree from Henry Ford College in Dearborn Heights, MI.

CEO Compensation
  • Derek's compensation has increased whilst company is loss making.
  • Derek's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Track Group management team in years:

1.7
Average Tenure
  • The average tenure for the Track Group management team is less than 2 years, this suggests a new team.
Management Team

Derek Cassell

TITLE
Chief Executive Officer
COMPENSATION
$612K
AGE
44
TENURE
1.2 yrs

Peter Poli

TITLE
Chief Financial Officer
COMPENSATION
$428K
AGE
57
TENURE
2.2 yrs

Gordon Jesperson

TITLE
General Counsel & Corporate Secretary
TENURE
7.6 yrs

Steve Hamilton

TITLE
Chief Marketing Officer

Matt Swando

TITLE
Vice President of Global Sales
TENURE
0.2 yrs

Eli Sabag

TITLE
Divisional President of International
Board of Directors Tenure

Average tenure and age of the Track Group board of directors in years:

3.2
Average Tenure
54
Average Age
  • The tenure for the Track Group board of directors is about average.
Board of Directors

Guy M. C. Dubois

TITLE
Chairman of the Board
COMPENSATION
$460K
AGE
60
TENURE
6.1 yrs

Karen Macleod

TITLE
Director
COMPENSATION
$100K
AGE
54
TENURE
3.2 yrs

Karim Sehnaoui

TITLE
Director
COMPENSATION
$65K
AGE
40
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Track Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Track Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TRCK News

Simply Wall St News

TRCK Company Info

Description

Track Group, Inc., together with its subsidiaries, designs, manufactures, and markets location tracking devices; and develops and sells various related software, services, accessories, networking solutions, and monitoring applications. The company’s products and services include a portfolio of hardware and software applications, including ReliAlert XC3, a GPS device that enables agencies to track offender movements and communicate directly with offenders through a patented on-board two/three-way voice communication technology; Shadow, an offender tracking device with 3G compliant; TrackerPAL, a cloud-based monitoring system; and TrackerPAL Mobile, a mobile application of the TrackerPAL software for Android and iOS devices. It also provides data analytics services; BACtrack, a smartphone-based remote alcohol monitoring system; Violence Smartphone Application that creates a mobile geo-zone around a survivor of domestic abuse and communicates with the offender’s tracking device; InTouch, a smartphone monitoring and supervision application for the criminal justice market to compliment traditional Electronic Monitoring Solutions; SecureCuff steel bands; and RF Beacon, a self-contained and short-range transmitting station that provides a radio frequency signal communicating with assigned offender GPS devices, as well as product support services. Track Group, Inc. sells its products primarily in the United States, Latin American countries, and the Caribbean countries. The company was formerly known as SecureAlert, Inc. and changed its name to Track Group, Inc. in May 2015. Track Group, Inc. was incorporated in 1995 and is headquartered in Naperville, Illinois.

Details
Name: Track Group, Inc.
TRCK
Exchange: OTCPK
Founded: 1995
$6,498,940
11,401,650
Website: http://www.trackgrp.com
Address: Track Group, Inc.
200 East 5th Avenue,
Suite 100,
Naperville,
Illinois, 60563,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK TRCK Common Stock Pink Sheets LLC US USD 27. Jun 2003
BST G7F2 Common Stock Boerse-Stuttgart DE EUR 27. Jun 2003
Number of employees
Current staff
Staff numbers
160
Track Group employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/17 23:50
End of day share price update: 2019/03/15 00:00
Last estimates confirmation: 2016/12/20
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.