A Business at a Glance
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DAKTRONICS INC /SD/
DAKT
$939M
Mkt Cap
$19.48
-1.67%
DAKTRONICS INC /SD/ (DAKT) has a current P/E ratio of 162.3, compared to its historical median P/E of 36.1. The stock is currently considered Expensive based on its historical valuation range.
DAKTRONICS INC /SD/ (DAKT) has a 5-year average return on invested capital (ROIC) of 12.8%. This indicates solid capital allocation.
DAKTRONICS INC /SD/ (DAKT) has a market capitalization of $941M. It is classified as a small-cap stock.
DAKTRONICS INC /SD/ (DAKT) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 3.13%.
Based on historical P/E analysis, DAKTRONICS INC /SD/ (DAKT) appears expensive. The current P/E of 162.3 is 350% above its historical median of 36.1. The estimated fair value CAGR (P/E method) is 48.1%.
DAKTRONICS INC /SD/ (DAKT) operates in the Miscellaneous Manufacturing Industries industry, within the Consumer Cyclical sector.
DAKTRONICS INC /SD/ (DAKT) reported annual revenue of $756 million in its most recent fiscal year, based on SEC EDGAR filings.
Business Overview Daktronics is an industry leader in designing and manufacturing electronic scoreboards, programmable display systems, large screen video displays for sporting, and commercial and transportation applications. We serve our customers by providing high quality standard display products as well as custom-designed and integrated systems. We offer 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. We are recognized as a technical leader with the capabilities to design, market, manufacture, install, and service complete integrated systems displaying real-time data, graphics, animation, and video. We engage 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. We were founded in 1968 by Dr.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 756M | 818M | 754M | 611M | 482M |
| Net Income | 0 | -10M | 35M | 6.8M | 592K | 11M |
| EPS | $0.00 | $-0.21 | $0.74 | $0.15 | $0.01 | $0.24 |
| Free Cash Flow | 0 | 78M | 46M | -10M | -47M | 58M |
| ROIC | 0.0% | 18.0% | 27.4% | 7.0% | 1.7% | 9.9% |
| Gross Margin | - | 25.8% | 27.2% | 20.1% | 19.1% | 25.0% |
| Debt/Equity | 0.01 | 0.04 | 0.23 | 0.09 | 0.00 | 0.94 |
| Dividends/Share | $0.00 | - | - | - | $0.00 | $0.00 |
| Operating Income | 0 | 33M | 87M | 21M | 4.0M | 17M |
| Operating Margin | 0.0% | 4.4% | 10.6% | 2.8% | 0.7% | 3.5% |
| ROE | 0.0% | -4.0% | 15.7% | 3.5% | 0.3% | 5.9% |
| Shares Outstanding | 48M | 48M | 47M | 45M | 59M | 46M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 552M | 616M | 570M | 587M | 611M | 570M | 609M | 482M | 611M | 754M | 818M | 756M | 0 |
| Gross Margin | 25.7% | 23.5% | 21.2% | 23.9% | 23.9% | 22.9% | 22.8% | 25.0% | 19.1% | 20.1% | 27.2% | 25.8% | N/A |
| R&D | 23M | 25M | 27M | 29M | 36M | 36M | 38M | 27M | 29M | 30M | 36M | 39M | 39M |
| SG&A | 28M | 31M | 33M | 34M | 35M | 35M | 35M | 28M | 33M | 39M | 43M | 63M | 63M |
| EBIT | 37M | 31M | 2.5M | 15M | 12M | -4.7M | 97K | 17M | 4.0M | 21M | 87M | 33M | 0 |
| Op. Margin | 6.6% | 5.1% | 0.4% | 2.6% | 2.0% | -0.8% | 0.0% | 3.5% | 0.7% | 2.8% | 10.6% | 4.4% | 0.0% |
| Net Income | 22M | 21M | 2.1M | 10M | 5.6M | -958K | 491K | 11M | 592K | 6.8M | 35M | -10M | 0 |
| Net Margin | 4.0% | 3.4% | 0.4% | 1.8% | 0.9% | -0.2% | 0.1% | 2.3% | 0.1% | 0.9% | 4.2% | -1.3% | 0.0% |
| Non-Recurring | 181K | 1.2M | 71K | -36K | 1.3M | 441K | 1.4M | 572K | 743K | 5.3M | -44K | 156K | 156K |
| Returns on Capital | |||||||||||||
| ROIC | 15.7% | 14.3% | 1.1% | 6.7% | 5.0% | -0.5% | 0.3% | 9.9% | 1.7% | 7.0% | 27.4% | 18.0% | 0.0% |
| ROE | 11.3% | 10.1% | 1.0% | 5.2% | 2.8% | -0.5% | 0.3% | 5.9% | 0.3% | 3.5% | 15.7% | -4.0% | 0.0% |
| ROA | 6.6% | 5.7% | 0.6% | 2.9% | 1.6% | -0.3% | 0.1% | 2.9% | 0.1% | 1.5% | 7.0% | -2.0% | 0.0% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 36M | 54M | 13M | 39M | 30M | 30M | 11M | 66M | -27M | 15M | 63M | 98M | 0 |
| Free Cash Flow | 23M | 32M | -3.8M | 31M | 12M | 12M | -7.3M | 58M | -47M | -10M | 46M | 78M | 0 |
| Owner Earnings | 19M | 35M | -6.6M | 17M | 9.9M | 8.4M | -9.2M | 47M | -44M | -4.0M | 42M | 75M | -22M |
| CapEx | 14M | 22M | 17M | 8.5M | 18M | 17M | 18M | 7.9M | 20M | 25M | 17M | 19M | 0 |
| Maint. CapEx | 15M | 15M | 17M | 19M | 18M | 19M | 18M | 17M | 15M | 17M | 19M | 20M | 20M |
| Growth CapEx | 0 | 6.7M | 113K | 0 | 343K | 0 | 373K | 0 | 5.0M | 8.4M | 0 | 0 | 0 |
| D&A | 15M | 15M | 17M | 19M | 18M | 19M | 18M | 17M | 15M | 17M | 19M | 20M | 20M |
| CapEx/OCF | 37.3% | 41.1% | 125.6% | 21.6% | 59.7% | 58.4% | 167.4% | 11.9% | N/A | 169.0% | 26.8% | 20.0% | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 17M | 17M | 18M | 14M | 12M | 13M | 9.0M | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | 3.8% | 4.0% | 5.4% | 3.8% | 3.0% | 3.5% | 3.1% | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 1.8M | 0 | 0 | 5.6M | 0 | 3.2M | 0 | 0 | 29M | 29M |
| Buyback Yield | N/A | N/A | N/A | 0.5% | N/A | N/A | 2.6% | N/A | 1.6% | N/A | N/A | 3.9% | 3.1% |
| Stock-Based Comp | 2.9M | 3.0M | 3.0M | 2.9M | 2.6M | 2.5M | 2.3M | 2.1M | 2.0M | 2.0M | 2.1M | 2.9M | 2.9M |
| Debt Repayment | 3.7M | 1.2M | 467K | 921K | 1.0M | 450K | 2.1M | 460K | 200K | 305K | 410K | 414K | 414K |
| Balance Sheet | |||||||||||||
| Net Debt | N/A | N/A | N/A | N/A | N/A | N/A | -27M | N/A | -17M | -6.2M | -27M | -116M | -285M |
| Cash & Equiv. | 45M | 57M | 28M | 33M | 30M | 35M | 40M | 78M | 17M | 24M | 81M | 128M | 289M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | 15M | N/A | 0 | 18M | 53M | 10M | 1.1M |
| Debt/Equity | 0.76 | 0.79 | 0.74 | 0.79 | 0.82 | 0.86 | 0.08 | 0.94 | 0.00 | 0.09 | 0.23 | 0.04 | 0.01 |
| Interest Coverage | 143.4 | 140.3 | 10.9 | 67.0 | 57.4 | -29.6 | 0.9 | 58.0 | 82.6 | 19.0 | 25.6 | 11.5 | 11.5 |
| Equity | 203M | 212M | 201M | 198M | 198M | 188M | 177M | 194M | 192M | 201M | 239M | 272M | 294M |
| Total Assets | 357M | 379M | 350M | 355M | 359M | 349M | 373M | 375M | 441M | 468M | 528M | 503M | 546M |
| Total Liabilities | 154M | 167M | 149M | 157M | 161M | 162M | 196M | 182M | 249M | 267M | 289M | 231M | 46M |
| Intangibles | 2.3M | 1.8M | 7.7M | 4.7M | 3.7M | 4.9M | 3.4M | 2.1M | 1.5M | 1.1M | 840K | 568K | 3.4M |
| Retained Earnings | 129M | 133M | 117M | 114M | 107M | 94M | 85M | 96M | 97M | 103M | 138M | 128M | 165M |
| Working Capital | 141M | 148M | 124M | 127M | 133M | 120M | 106M | 118M | 104M | 132M | 210M | 209M | 234M |
| Current Assets | 274M | 290M | 245M | 258M | 264M | 254M | 252M | 265M | 318M | 343M | 402M | 381M | 426M |
| Current Liabilities | 134M | 142M | 122M | 131M | 131M | 134M | 146M | 147M | 214M | 210M | 192M | 172M | 192M |
| Per Share Data | |||||||||||||
| EPS | 0.51 | 0.47 | 0.05 | 0.23 | 0.12 | -0.02 | 0.01 | 0.24 | 0.01 | 0.15 | 0.74 | -0.21 | 0.00 |
| Owner EPS | 0.43 | 0.80 | -0.16 | 0.38 | 0.21 | 0.18 | -0.19 | 1.03 | -0.75 | -0.09 | 0.89 | 1.56 | -0.47 |
| Book Value | 4.66 | 4.77 | 4.88 | 4.41 | 4.26 | 3.92 | 3.60 | 4.25 | 3.24 | 4.43 | 5.10 | 5.64 | 6.08 |
| Cash Flow/Share | 0.83 | 1.20 | 0.32 | 0.88 | 0.66 | 0.62 | 0.22 | 1.45 | -0.46 | 0.33 | 1.35 | 2.03 | 0.40 |
| Dividends/Share | 0.39 | 0.40 | 0.40 | 0.31 | 0.28 | 0.28 | 0.20 | 0.00 | 0.00 | N/A | N/A | N/A | 0.00 |
| Shares Out. | 43.5M | 44.4M | 41.2M | 45.0M | 46.4M | 47.9M | 49.1M | 45.5M | 59.2M | 45.3M | 46.8M | 48.2M | 48.3M |
| Valuation | |||||||||||||
| P/E Ratio | 18.7 | 19.4 | 139.6 | 36.1 | 76.8 | N/A | 442.0 | 28.2 | 341.0 | 42.9 | 15.4 | N/A | N/A |
| P/FCF | 18.3 | 12.8 | N/A | 12.1 | 34.9 | 27.3 | N/A | 5.3 | N/A | N/A | 11.5 | 9.7 | N/A |
| EV/EBIT | 9.5 | 10.3 | 94.5 | 20.1 | N/A | N/A | N/A | N/A | 45.7 | 12.5 | 5.2 | 19.2 | N/A |
| Price/Book | 2.0 | 1.9 | 1.4 | 1.9 | 2.2 | 1.8 | 1.2 | 1.6 | 1.1 | 1.5 | 2.2 | 2.8 | 3.2 |
| Price/Sales | 0.8 | 0.7 | 0.6 | 0.6 | 0.7 | 0.6 | 0.5 | 0.5 | 0.5 | 0.2 | 0.5 | 0.9 | N/A |
| FCF Yield | 5.5% | 7.8% | -1.3% | 8.3% | 2.9% | 3.7% | -3.4% | 19.0% | -23.5% | -3.6% | 8.7% | 10.3% | N/A |
| Market Cap | 415M | 405M | 288M | 373M | 427M | 336M | 217M | 308M | 202M | 292M | 532M | 762M | 941M |
| Avg. Price | 10.19 | 9.81 | 7.85 | 7.97 | 8.82 | 7.53 | 5.90 | 4.97 | 5.12 | 3.80 | 8.68 | 14.17 | 19.48 |
| Year-End Price | 9.53 | 9.11 | 6.98 | 8.29 | 9.22 | 7.01 | 4.42 | 6.76 | 3.41 | 6.43 | 11.37 | 15.81 | 19.48 |
DAKTRONICS INC /SD/ passes 5 of 9 quality checks, suggesting mixed fundamentals.
DAKTRONICS INC /SD/ trades at 162.3x trailing earnings, compared to its 15-year median P/E of 36.1x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 15.4x vs a median of 11.8x. The company's 5-year average ROIC is 12.8% with a gross margin of 23.4%. Total shareholder yield (buybacks) is 3.1%. At current prices, the estimated annualized return to fair value is +33.6%.
DAKTRONICS INC /SD/ (DAKT) has a net profit margin of -1.3%. The company is currently unprofitable.
DAKTRONICS INC /SD/ (DAKT) generated $78 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
DAKTRONICS INC /SD/ (DAKT) has a debt-to-equity ratio of 0.04. This indicates a conservatively financed balance sheet.
DAKTRONICS INC /SD/ (DAKT) reported earnings per share (EPS) of $-0.21 in its most recent fiscal year.
DAKTRONICS INC /SD/ (DAKT) has a return on equity (ROE) of -4.0%. A negative ROE may indicate losses or negative equity.
DAKTRONICS INC /SD/ (DAKT) has a 5-year average gross margin of 23.4%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 16 years of financial data for DAKTRONICS INC /SD/ (DAKT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
DAKTRONICS INC /SD/ (DAKT) has a book value per share of $5.64, based on its most recent annual SEC filing.
No recent press releases.