(DAKT) Daktronics - Overview
Sector: Technology | Industry: Electronic Components | Exchange: NASDAQ (USA) | Market Cap: 989m USD | Total Return: 26.5% in 12m
Avg Turnover: 5.60M
EPS Trend: 38.0%
Qual. Beats: -1
Rev. Trend: -31.7%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Daktronics, Inc. (DAKT) specializes in the design and manufacture of electronic display systems, including LED video walls, scoreboards, and digital billboards. The company serves a diverse global client base across sports, commercial, and transportation sectors, utilizing a vertically integrated business model that encompasses hardware production and proprietary control software. Headquartered in South Dakota, the firm operates through five distinct segments to address specific market needs ranging from high school athletics to international mass transit hubs.
The electronic display industry is characterized by high capital expenditures and a shift toward high-resolution LED technology to replace traditional static signage. Daktronics maintains a competitive position by providing end-to-end solutions, including sound systems and integrated software suites like Venus for content management. Investors looking for deeper fundamental insights may find ValueRays analytical tools useful for further evaluation. As infrastructure and stadium modernization projects increase, the company relies on a mix of direct sales and reseller networks to capture demand in both domestic and international markets.
- Live events segment revenue grows with stadium and arena modernization projects
- Supply chain stability and manufacturing efficiency improve gross profit margins
- Transportation infrastructure spending drives demand for dynamic messaging systems
- High school sports facility upgrades sustain long-term commercial segment volume
- Global digital billboard adoption increases recurring software and services revenue
| Net Income: 27.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA -1.30 > 1.0 |
| NWC/Revenue: 29.18% < 20% (prev 29.00%; Δ 0.18% < -1%) |
| CFO/TA 0.14 > 3% & CFO 77.2m > Net Income 27.5m |
| Net Debt (-125.1m) to EBITDA (52.9m): -2.37 < 3 |
| Current Ratio: 2.22 > 1.5 & < 3 |
| Outstanding Shares: last quarter (49.5m) vs 12m ago 3.69% < -2% |
| Gross Margin: 26.62% > 18% (prev 0.26%; Δ 2.64k% > 0.5%) |
| Asset Turnover: 150.0% > 50% (prev 152.6%; Δ -2.64% > 0%) |
| Interest Coverage Ratio: 7.65 > 6 (EBITDA TTM 52.9m / Interest Expense TTM 4.36m) |
| A: 0.43 (Total Current Assets 425.8m - Total Current Liabilities 191.6m) / Total Assets 546.4m |
| B: 0.30 (Retained Earnings 164.9m / Total Assets 546.4m) |
| C: 0.06 (EBIT TTM 33.3m / Avg Total Assets 535.3m) |
| D: 0.64 (Book Value of Equity 160.7m / Total Liabilities 252.6m) |
| Altman-Z'' = 4.88 = AA |
| DSRI: 1.17 (Receivables 166.8m/142.2m, Revenue 802.6m/799.8m) |
| GMI: 0.98 (GM 26.62% / 25.97%) |
| AQI: 0.67 (AQ_t 0.07 / AQ_t-1 0.11) |
| SGI: 1.00 (Revenue 802.6m / 799.8m) |
| TATA: -0.09 (NI 27.5m - CFO 77.2m) / TA 546.4m) |
| Beneish M = -3.19 (Cap -4..+1) = AA |
As of May 26, 2026, the stock is trading at USD 20.29 with a total of 208,100 shares traded.
Over the past week, the price has changed by +6.57%,
over one month by +3.10%,
over three months by -25.05% and
over the past year by +26.50%.
Daktronics has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy DAKT.
- StrongBuy: 1
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 33 | 62.6% |
P/E Trailing = 36.8909
P/E Forward = 16.4745
P/S = 1.2323
P/B = 3.2491
P/EG = 0.5489
Revenue TTM = 802.6m USD
EBIT TTM = 33.3m USD
EBITDA TTM = 52.9m USD
Long Term Debt = 9.90m USD (from longTermDebt, last quarter)
Short Term Debt = 1.15m USD (from shortTermDebt, last quarter)
Debt = 19.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 2.04m
Net Debt = -125.1m USD (calculated: Debt 19.3m - CCE 144.4m)
Enterprise Value = 864.0m USD (989.1m + Debt 19.3m - CCE 144.4m)
Interest Coverage Ratio = 7.65 (Ebit TTM 33.3m / Interest Expense TTM 4.36m)
EV/FCF = 13.94x (Enterprise Value 864.0m / FCF TTM 62.0m)
FCF Yield = 7.17% (FCF TTM 62.0m / Enterprise Value 864.0m)
FCF Margin = 7.72% (FCF TTM 62.0m / Revenue TTM 802.6m)
Net Margin = 3.43% (Net Income TTM 27.5m / Revenue TTM 802.6m)
Gross Margin = 26.62% ((Revenue TTM 802.6m - Cost of Revenue TTM 589.0m) / Revenue TTM)
Gross Margin QoQ = 23.99% (prev 26.97%)
Tobins Q-Ratio = 1.58 (Enterprise Value 864.0m / Total Assets 546.4m)
Interest Expense / Debt = 22.55% (Interest Expense 4.36m / Debt 19.3m)
Taxrate = 14.29% (502k / 3.51m)
NOPAT = 28.6m (EBIT 33.3m * (1 - 14.29%))
Current Ratio = 2.22 (Total Current Assets 425.8m / Total Current Liabilities 191.6m)
Debt / Equity = 0.07 (Debt 19.3m / totalStockholderEquity, last quarter 293.7m)
Debt / EBITDA = -2.37 (Net Debt -125.1m / EBITDA 52.9m)
Debt / FCF = -2.02 (Net Debt -125.1m / FCF TTM 62.0m)
Total Stockholder Equity = 285.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.14% (Net Income 27.5m / Total Assets 546.4m)
RoE = 9.64% (Net Income TTM 27.5m / Total Stockholder Equity 285.7m)
RoCE = 11.27% (EBIT 33.3m / Capital Employed (Equity 285.7m + L.T.Debt 9.90m))
RoIC = 9.40% (NOPAT 28.6m / Invested Capital 303.8m)
WACC = 11.64% (E(989.1m)/V(1.01b) * Re(11.49%) + D(19.3m)/V(1.01b) * Rd(22.55%) * (1-Tc(0.14)))
Discount Rate = 11.49% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 20.0 | Cagr: 2.64%
[DCF] Terminal Value 63.65% ; FCFF base≈63.7m ; Y1≈60.5m ; Y5≈57.3m
[DCF] Fair Price = 14.64 (EV 582.1m - Net Debt -125.1m = Equity 707.2m / Shares 48.3m; r=11.64% [WACC]; 5y FCF grow -6.48% → 2.50% )
EPS Correlation: 38.02 | EPS CAGR: 26.48% | SUE: -0.92 | # QB: -1
Revenue Correlation: -31.73 | Revenue CAGR: -1.28% | SUE: 0.04 | # QB: 0
EPS current Quarter (2026-07-31): EPS=0.39 | Chg30d=+4.00% | Revisions=+20% | Analysts=2
[Analyst] Revisions Ratio: +20%