DAKT Valuation

Daktronics Inc

Add to Watchlist

Advanced Chart

17.040

-0.16(-0.930%)1D

Overview
Forecast
Valuation
Earnings

DAKT Relative Valuation

DAKT's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, DAKT is overvalued; if below, it's undervalued.

Historical Valuation

Daktronics Inc (DAKT) is now in the Fair zone, suggesting that its current forward PE ratio of 18.30 is considered Fairly compared with the five-year average of 15.86. The fair price of Daktronics Inc (DAKT) is between 10.10 to 21.94 according to relative valuation methord.

Relative Value

Fair Zone

10.10-21.94

Current Price：17.21

Fair

18.13

Trailing

Forward

8.49

EV/EBITDA

Daktronics Inc. (DAKT) has a current EV/EBITDA of 8.49. The 5-year average EV/EBITDA is 5.16. The thresholds are as follows: Strongly Undervalued below -0.02, Undervalued between -0.02 and 2.57, Fairly Valued between 7.75 and 2.57, Overvalued between 7.75 and 10.34, and Strongly Overvalued above 10.34. The current Forward EV/EBITDA of 8.49 falls within the Overvalued range.

11.17

EV/EBIT

Daktronics Inc. (DAKT) has a current EV/EBIT of 11.17. The 5-year average EV/EBIT is 10.52. The thresholds are as follows: Strongly Undervalued below 0.60, Undervalued between 0.60 and 5.56, Fairly Valued between 15.49 and 5.56, Overvalued between 15.49 and 20.45, and Strongly Overvalued above 20.45. The current Forward EV/EBIT of 11.17 falls within the Historic Trend Line -Fairly Valued range.

1.04

Daktronics Inc. (DAKT) has a current PS of 1.04. The 5-year average PS is 0.52. The thresholds are as follows: Strongly Undervalued below 0.08, Undervalued between 0.08 and 0.30, Fairly Valued between 0.74 and 0.30, Overvalued between 0.74 and 0.96, and Strongly Overvalued above 0.96. The current Forward PS of 1.04 falls within the Strongly Overvalued range.

19.18

P/OCF

Daktronics Inc. (DAKT) has a current P/OCF of 19.18. The 5-year average P/OCF is 7.96. The thresholds are as follows: Strongly Undervalued below -2.85, Undervalued between -2.85 and 2.56, Fairly Valued between 13.37 and 2.56, Overvalued between 13.37 and 18.77, and Strongly Overvalued above 18.77. The current Forward P/OCF of 19.18 falls within the Strongly Overvalued range.

40.56

P/FCF

Daktronics Inc. (DAKT) has a current P/FCF of 40.56. The 5-year average P/FCF is 19.98. The thresholds are as follows: Strongly Undervalued below -13.77, Undervalued between -13.77 and 3.11, Fairly Valued between 36.86 and 3.11, Overvalued between 36.86 and 53.73, and Strongly Overvalued above 53.73. The current Forward P/FCF of 40.56 falls within the Overvalued range.

Daktronics Inc (DAKT) has a current Price-to-Book (P/B) ratio of 3.10. Compared to its 3-year average P/B ratio of 1.94 , the current P/B ratio is approximately 59.99% higher. Relative to its 5-year average P/B ratio of 1.62, the current P/B ratio is about 91.60% higher. Daktronics Inc (DAKT) has a Forward Free Cash Flow (FCF) yield of approximately 9.18%. Compared to its 3-year average FCF yield of -2.23%, the current FCF yield is approximately -511.83% lower. Relative to its 5-year average FCF yield of 0.19% , the current FCF yield is about 4657.82% lower.

3.07

P/B

Median3y

1.94

Median5y

1.62

9.26

FCF Yield

Median3y

-2.23

Median5y

0.19

Competitors Valuation Multiple

The average P/S ratio for DAKT's competitors is 0.66, providing a benchmark for relative valuation. Daktronics Inc Corp (DAKT) exhibits a P/S ratio of 1.04, which is 56.10% above the industry average. Given its robust revenue growth of -20.07%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Matthews International Corp

Performance Decomposition

Market capitalization of DAKT increased by 31.99% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -11.15 to -80.12.

The secondary factor is the Revenue Growth, contributed -20.07%to the performance.

Overall, the performance of DAKT in the past 1 year is driven by P/E Change. Which is more unsustainable.

-20.07%

215.88M → 172.55M

Revenue Growth

-566.67%

1.17 → -5.46

Margin Expansion

618.73%

-11.15 → -80.12

P/E Change

31.99%