A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
FRANKLIN WIRELESS CORP
FKWL
$28M
Mkt Cap
$2.34
-0.85%
FRANKLIN WIRELESS CORP (FKWL) has a current P/E ratio of 117.0, compared to its historical median P/E of 13.0. The stock is currently considered Expensive based on its historical valuation range.
FRANKLIN WIRELESS CORP (FKWL) has a 5-year average return on invested capital (ROIC) of 5.5%. This is below average and may indicate limited pricing power.
FRANKLIN WIRELESS CORP (FKWL) has a market capitalization of $28M. It is classified as a small-cap stock.
FRANKLIN WIRELESS CORP (FKWL) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 2.71%.
Based on historical P/E analysis, FRANKLIN WIRELESS CORP (FKWL) appears expensive. The current P/E of 117.0 is 799% above its historical median of 13.0. The estimated fair value CAGR (P/E method) is 41.9%.
FRANKLIN WIRELESS CORP (FKWL) operates in the Telephone & Telegraph Apparatus industry, within the Industrials sector.
FRANKLIN WIRELESS CORP (FKWL) reported annual revenue of $46 million in its most recent fiscal year, based on SEC EDGAR filings.
BUSINESS OVERVIEW Doing business as “Franklin Access”, we are a leading global provider of integrated wireless solutions utilizing the latest 5G (fifth generation) and 4G LTE (fourth generation long-term evolution) technologies including mobile hotspots, fixed wireless routers, and mobile device management (MDM) solutions. We are a leading enabler of the Digital Divide initiative, and our expertise extends to innovation in Internet of Things (IOT) and machine-to-machine (M2M) applications, driving forward seamless communication and connectivity for both individuals and enterprises. We hold a 66.3% ownership in Franklin Technology Inc. (“FTI”), a research and development company based in Seoul, South Korea. FTI primarily provides design and development services for our wireless products. We hold a 60% ownership interest in Sigbeat Inc.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 40M | 46M | 31M | 46M | 24M | 184M |
| Net Income | 187K | -243K | -4.0M | -2.9M | -3.8M | 18M |
| EPS | $0.02 | $-0.02 | $-0.34 | $-0.24 | $-0.32 | $1.53 |
| Free Cash Flow | -9.2M | 1.8M | -828K | -1.9M | -7.4M | 12M |
| ROIC | -6303.8% | -0.7% | -10.7% | -7.2% | -8.8% | 55.1% |
| Gross Margin | 19.0% | 17.2% | 11.4% | 15.3% | 15.9% | 17.6% |
| Debt/Equity | 0.00 | 0.39 | 0.29 | 0.42 | 0.23 | 0.26 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -2.6M | -2.9M | -5.9M | -2.3M | -5.0M | 23M |
| Operating Margin | -6.7% | -6.2% | -19.3% | -5.1% | -20.7% | 12.4% |
| ROE | 0.5% | -0.7% | -10.7% | -7.2% | -8.8% | 54.4% |
| Shares Outstanding | 12M | 12M | 12M | 12M | 12M | 12M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 31M | N/A | N/A | 49M | 30M | 36M | 75M | 184M | 24M | 46M | 31M | 46M | 40M |
| Gross Margin | 14.1% | N/A | N/A | 19.0% | 17.3% | 15.7% | 19.3% | 17.6% | 15.9% | 15.3% | 11.4% | 17.2% | 19.0% |
| R&D | 2.8M | 2.9M | 3.0M | 3.4M | 3.4M | 3.0M | 3.7M | 4.6M | 4.3M | 3.9M | 3.4M | 4.1M | 3.9M |
| SG&A | 4.5M | 5.0M | 4.8M | 4.9M | 4.5M | 4.9M | 3.7M | 5.1M | 4.5M | 5.5M | 6.0M | 6.7M | 6.3M |
| EBIT | -2.9M | 512K | 2.1M | 874K | -2.7M | -2.1M | 7.1M | 23M | -5.0M | -2.3M | -5.9M | -2.9M | -2.6M |
| Op. Margin | -9.4% | N/A | N/A | 1.8% | -9.0% | -5.8% | 9.4% | 12.4% | -20.7% | -5.1% | -19.3% | -6.2% | -6.7% |
| Net Income | -972K | 760K | 1.6M | 874K | -2.1M | -1.3M | 5.6M | 18M | -3.8M | -2.9M | -4.0M | -243K | 187K |
| Net Margin | -3.1% | N/A | N/A | 1.8% | -7.0% | -3.5% | 7.4% | 9.6% | -15.7% | -6.2% | -12.9% | -0.5% | 0.5% |
| Non-Recurring | 0 | 125K | 99K | 52K | 150K | 258K | 0 | 3.2M | 0 | 0 | 7K | 148K | 148K |
| Returns on Capital | |||||||||||||
| ROIC | -6.3% | 14.3% | 52.3% | 3.4% | -12.2% | -8.3% | 27.9% | 55.1% | -8.8% | -7.2% | -10.7% | -0.7% | N/M |
| ROE | -6.3% | 4.9% | 9.8% | 5.0% | -12.2% | -8.3% | 31.6% | 54.4% | -8.8% | -7.2% | -10.7% | -0.7% | 0.5% |
| ROA | -4.4% | 3.2% | 5.7% | 2.7% | -7.3% | -5.5% | 12.8% | 28.7% | -6.9% | -5.3% | -7.6% | -0.5% | 0.4% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | -1.7M | 4.2M | 2.7M | 1.5M | -2.0M | 775K | 22M | 12M | -7.4M | -1.9M | -773K | 1.8M | -9.1M |
| Free Cash Flow | -1.8M | 4.1M | 2.5M | 1.4M | -2.0M | 674K | 22M | 12M | -7.4M | -1.9M | -828K | 1.8M | -9.2M |
| Owner Earnings | -3.4M | 2.7M | 1.7M | 849K | -2.6M | 260K | 21M | 11M | -8.6M | -3.5M | -2.1M | 634K | -9.4M |
| CapEx | 128K | 53K | 173K | 45K | 24K | 101K | 182K | 21K | 42K | 47K | 55K | 33K | 15K |
| Maint. CapEx | 1.5M | 1.5M | 968K | 614K | 608K | 515K | 576K | 526K | 667K | 892K | 1.0M | 860K | 33K |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 1.5M | 1.5M | 968K | 614K | 608K | 515K | 576K | 526K | 667K | 892K | 1.0M | 860K | 33K |
| CapEx/OCF | N/A | 1.3% | 6.4% | 3.1% | N/A | 13.0% | 0.8% | 0.2% | N/A | N/A | N/A | 1.8% | 0.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 234K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 746K | 746K |
| Buyback Yield | N/A | N/A | 1.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2.7% |
| Stock-Based Comp | 169K | 60K | 50K | 25K | 0 | 0 | 0 | 381K | 546K | 711K | 295K | 351K | 180K |
| Debt Repayment | 9K | 0 | 148K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | -16M | -12M | -13M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -34M |
| Cash & Equiv. | 8.2M | 12M | 13M | 14M | 12M | 6.4M | 28M | 46M | 26M | 12M | 12M | 15M | 34M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | 0 | 487K | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt/Equity | 0.01 | 0.01 | 0.00 | 0.73 | 0.50 | 0.40 | 2.17 | 0.26 | 0.23 | 0.42 | 0.29 | 0.39 | 0.00 |
| Interest Coverage | -271.4 | 92.2 | 205.7 | 90.6 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | 15M | 16M | 17M | 18M | 16M | 15M | 20M | 45M | 41M | 39M | 35M | 35M | 35M |
| Total Assets | 22M | 25M | 32M | 32M | 25M | 21M | 65M | 58M | 52M | 57M | 47M | 51M | 53M |
| Total Liabilities | 6.7M | 8.4M | 14M | 13M | 8.1M | 5.9M | 44M | 12M | 9.4M | 17M | 10M | 13M | 15M |
| Intangibles | 2.1M | 1.0M | 1.1M | 1.1M | 997K | 1.1M | 1.1M | 1.2M | 1.4M | 2.2M | 1.3M | 1.0M | 953K |
| Retained Earnings | 13M | 13M | 15M | 16M | 14M | 12M | 18M | 36M | 32M | 29M | 25M | 25M | 26M |
| Working Capital | 11M | 13M | 14M | 16M | 14M | 11M | 18M | 44M | 39M | 35M | 31M | 33M | 33M |
| Current Assets | 17M | 21M | 28M | 29M | 22M | 17M | 61M | 55M | 48M | 52M | 40M | 45M | 47M |
| Current Liabilities | 6.7M | 8.4M | 14M | 13M | 8.1M | 5.9M | 43M | 11M | 9.3M | 17M | 9.1M | 12M | 14M |
| Per Share Data | |||||||||||||
| EPS | -0.09 | 0.07 | 0.15 | 0.08 | -0.20 | -0.12 | 0.52 | 1.53 | -0.32 | -0.24 | -0.34 | -0.02 | 0.02 |
| Owner EPS | -0.32 | 0.25 | 0.16 | 0.08 | -0.25 | 0.02 | 2.01 | 0.97 | -0.73 | -0.29 | -0.18 | 0.05 | -0.79 |
| Book Value | 1.42 | 1.45 | 1.59 | 1.66 | 1.54 | 1.39 | 1.91 | 3.86 | 3.49 | 3.26 | 3.01 | 2.84 | 2.98 |
| Cash Flow/Share | -0.16 | 0.39 | 0.25 | 0.14 | -0.19 | 0.07 | 2.06 | 1.05 | -0.63 | -0.16 | -0.07 | 0.15 | 0.02 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 10.8M | 10.9M | 10.7M | 10.9M | 10.5M | 10.6M | 10.7M | 11.6M | 11.8M | 11.9M | 11.7M | 12.2M | 11.8M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | 20.8 | 15.2 | 27.3 | N/A | N/A | 10.8 | 6.0 | N/A | N/A | N/A | N/A | 147.4 |
| P/FCF | N/A | 3.8 | 9.7 | 16.5 | N/A | 38.3 | 2.7 | 8.7 | N/A | N/A | N/A | 27.2 | N/A |
| EV/EBIT | N/A | 8.1 | 5.4 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price/Book | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.9 | 1.1 | 1.2 | 1.4 | 0.8 |
| Price/Sales | 0.6 | 0.4 | 0.4 | 0.5 | 0.7 | 0.7 | 0.5 | 1.0 | 2.6 | 1.0 | 1.2 | 1.2 | 0.7 |
| FCF Yield | -9.5% | 26.1% | 10.3% | 6.1% | -10.6% | 2.6% | 36.4% | 11.5% | -20.3% | -4.7% | -2.0% | 3.7% | -33.2% |
| Market Cap | 19M | 16M | 25M | 24M | 19M | 26M | 60M | 105M | 37M | 41M | 42M | 49M | 28M |
| Avg. Price | 1.70 | 1.56 | 2.03 | 2.42 | 2.08 | 2.29 | 3.20 | 15.53 | 5.22 | 3.78 | 3.06 | 4.60 | 2.34 |
| Year-End Price | 1.79 | 1.46 | 2.28 | 2.18 | 1.84 | 2.43 | 5.62 | 9.11 | 3.12 | 3.47 | 3.60 | 4.06 | 2.34 |
FRANKLIN WIRELESS CORP passes 4 of 9 quality checks, suggesting mixed fundamentals.
FRANKLIN WIRELESS CORP trades at 117.0x trailing earnings, compared to its 15-year median P/E of 13.0x, suggesting it is currently Expensive relative to its historical range. The company's 5-year average ROIC is 5.5% with a gross margin of 15.5%. Total shareholder yield (buybacks) is 2.7%. At current prices, the estimated annualized return to fair value is -12.9%.
FRANKLIN WIRELESS CORP (FKWL) has a net profit margin of -0.5%. The company is currently unprofitable.
FRANKLIN WIRELESS CORP (FKWL) generated $2 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
FRANKLIN WIRELESS CORP (FKWL) has a debt-to-equity ratio of 0.39. This indicates a conservatively financed balance sheet.
FRANKLIN WIRELESS CORP (FKWL) reported earnings per share (EPS) of $-0.02 in its most recent fiscal year.
FRANKLIN WIRELESS CORP (FKWL) has a return on equity (ROE) of -0.7%. A negative ROE may indicate losses or negative equity.
FRANKLIN WIRELESS CORP (FKWL) has a 5-year average gross margin of 15.5%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 15 years of financial data for FRANKLIN WIRELESS CORP (FKWL), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
FRANKLIN WIRELESS CORP (FKWL) has a book value per share of $2.84, based on its most recent annual SEC filing.