Daktronics Inc

Consumer Discretionary
Miscellaneous manufacturing industries
www.daktronics.com

Earnings Score
Moat Score
Safety Score

Market Cap $842.56M
PE 28
Debt $65.39M
Cash $134.35M
EV $773.59M
FCF $63.53M

Earnings

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Sales & Net Margins

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Earnings	$29.72M
EBIT	$65.95M
ROE	11%
ROA	12%
FCF	$63.53M
Equity	$260.93M
Growth Stability	-16%
PE	28.35
PEG	0.54
PB	3.23
P/FCF	13.26
P/S	1.03
Price/Cash	0.16
Debt/Equity	0.25
Debt/FCF	1.03
Net Margins	4%
Gross Margins	26%
Op. Margins	8%
Earnings CAGR	7%
Sales Growth YoY	4%
Sales Growth QoQ	-8%
Sales CAGR	2%
FCF CAGR	5%
Equity CAGR	0%
Earnings Stability	0.05
Earnings Growth YoY	889%
Earnings Growth QoQ	-533%

Earnings CAGR 5Y	53%
Sales CAGR 5Y	13%
FCF CAGR 5Y	6%
Equity CAGR 5Y	6%
Earnings CAGR 3Y	56%
Sales CAGR 3Y	56%
FCF CAGR 3Y	6%
Equity CAGR 3Y	14%
Market Cap	$842.56M
Revenue	$820.60M
Assets	$551.89M
Total Debt	$65.39M
Cash	$134.35M
Shares Outstanding	46.58M
EV	773.59M
Earnings Score	7%
Moat Score	86%
Safety Score	65%
Final Score	53%
Working Capital	242.7M
Current Ratio	2.35
Gross Profit	$212.66M
Shares Growth 3y	1%
Equity Growth QoQ	10%
Equity Growth YoY	17%

Assets & ROA

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Stockholders Equity & ROE

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Daktronics Inc designs and manufactures electronic scoreboards, programmable display systems, and large screen video displays for sporting, commercial and transportation applications. It is engaged in a full range of activities: marketing and sales, engineering and product design and development, manufacturing, technical contracting, professional services, and customer service and support. The company offers a complete line of products, from small scoreboards and electronic displays to large multimillion-dollar video display systems as well as related control, timing, and sound systems.

SEC Filings

Direct access to Daktronics Inc (DAKT) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Oct 26
- 10-Q Jul 27
- 10-K Apr 27
- 10-Q Jan 27
2023
- 10-Q Oct 28
- 10-Q Jul 29
- 10-K Apr 29
- 10-Q Jan 28
2022
- 10-Q Oct 29
- 10-Q Jul 30
- 10-K Apr 30
- 10-Q Jan 29

Sector Comparison

How does Daktronics Inc compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Daktronics Inc compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 7%

Stability 5%

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Daktronics Inc Discounted Cash Flow

Fully customizable DCF calculator online for Daktronics Inc .

Years

Calculation mode

= $920M

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$64M	$67M	$71M	$74M	$78M	$83M	$87M	$92M	$97M	$102M	$107M	$1.1B
DCF		$61M	$58M	$56M	$54M	$51M	$49M	$47M	$45M	$43M	$41M	$414M
Value	$920M

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	05/2015	04/2016	04/2017	04/2018	04/2019	05/2020	04/2021	04/2022	04/2023	04/2024	TTM
Net Margins	3%	0%	2%	1%	-0%	0%	2%	0%	1%	4%	4%
ROA	-	1%	4%	4%	-1%	0%	5%	1%	5%	17%	12%
ROE	-	1%	5%	3%	-1%	0%	6%	0%	3%	14%	11%

Bad Net Margins (3.79%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	05/2015	04/2016	04/2017	04/2018	04/2019	05/2020	04/2021	04/2022	04/2023	04/2024	TTM
Debt over FCF	-	-0.15	0.05	0.09	-	-	-	-	-1.71	1.18	1.03
Debt over Equity	0	0	0.01	0.01	-	-	-	-	0.09	0.23	0.25
Growth Stability	-	-	-	50%	-16%	10%	100%	17%	100%	100%	-16%

Good Debt/FCF ratio (1.03)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Good Debt/Equity ratio (0.25)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (-16%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	05/2015	04/2016	04/2017	04/2018	04/2019	05/2020	04/2021	04/2022	04/2023	04/2024	CAGR 5Y
Revenue YoY growth	-	-7%	3%	4%	-7%	7%	-21%	27%	23%	8%	13%
Earnings YoY growth	-	-90%	402%	-46%	-117%	-151%	2K%	-95%	1K%	409%	53%
Equity YoY growth	-	-5%	-1%	-0%	-5%	-6%	9%	-1%	5%	19%	6%
FCF YoY growth	-	-112%	-917%	-60%	0%	-159%	-901%	-181%	-78%	-546%	6%