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DAKT - Daktronics, Inc.

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Daktronics, Inc.

DAKT

NASDAQ

Daktronics, Inc. designs, manufactures, markets, and sells electronic display systems and related products worldwide. It operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company offers video display systems, such as displays to show various levels of video, graphics, and animation; indoor and outdoor light emitting diodes (LED) video displays, including centerhung, landmark, ribbon board, and corporate office entrance displays, as well as video walls and hanging banners; mobile and modular display systems; architectural lighting and display products; indoor and outdoor scoreboards for various sports, digit displays, scoring and timing controllers, statistics software, and other related products; and timing systems for sports events primarily aquatics and track competitions, as well as swimming touchpads, race start systems, and relay take-off platforms. It also provides control components for video displays in live event applications; message displays; ITS dynamic message signs, including LED displays for road management; mass transit displays; and sound systems for indoor and outdoor sports venues. In addition, the company offers out-of-home advertising displays comprising digital billboards and street furniture displays; DataTime product line that consists of outdoor time and temperature displays; and Fuelight digit displays designed for the petroleum industry. Further, it provides ADFLOW DMS systems that include indoor networked solutions for retailers, convenience stores, and other businesses; and Venus Control Suite, Show Control, Vanguard, and others, as well as maintenance and professional services related to its products. The company sells its products through direct sales and resellers. Daktronics, Inc. was founded in 1968 and is headquartered in Brookings, South Dakota.

12.27 USD

0.09 (0.733%)

Operating Data

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

608.93M

482.03M

610.97M

754.2M

818.08M

895.44M

980.11M

1.07B

1.17B

1.29B

Revenue %

-

-20.84

26.75

23.44

8.47

9.46

9.46

9.46

9.46

Ebitda

-167k

34.19M

19.44M

42.96M

104.86M

51.5M

56.37M

61.7M

67.54M

73.93M

Ebitda %

-0.03

7.09

3.18

5.7

12.82

5.75

5.75

5.75

5.75

Ebit

-17.89M

17.11M

4.05M

25.96M

87.11M

27.51M

30.12M

32.96M

36.08M

39.49M

Ebit %

-2.94

3.55

0.66

3.44

10.65

3.07

3.07

3.07

3.07

Depreciation

17.73M

17.08M

15.39M

16.99M

17.74M

23.99M

26.26M

28.74M

31.46M

34.43M

Depreciation %

2.91

3.54

2.52

2.25

2.17

2.68

2.68

2.68

2.68

Balance Sheet

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Total Cash

41.63M

77.59M

21.16M

24.52M

81.3M

70.89M

77.59M

84.93M

92.96M

101.75M

Total Cash %

6.84

16.1

3.46

3.25

9.94

7.92

7.92

7.92

7.92

Receivables

112.11M

102.8M

146.19M

158.31M

173.73M

189.64M

207.57M

227.2M

248.68M

272.19M

Receivables %

18.41

21.33

23.93

20.99

21.24

21.18

21.18

21.18

21.18

Inventories

86.8M

74.36M

134.39M

149.45M

138.01M

158.25M

173.21M

189.59M

207.51M

227.13M

Inventories %

14.25

15.43

22

19.82

16.87

17.67

17.67

17.67

17.67

Payable

47.83M

40.25M

76.31M

67.52M

60.76M

80.72M

88.36M

96.71M

105.86M

115.87M

Payable %

7.86

8.35

12.49

8.95

7.43

9.02

9.02

9.02

9.02

Cap Ex

-18.09M

-7.89M

-20.38M

-25.39M

-16.98M

-23.97M

-26.24M

-28.72M

-31.43M

-34.4M

Cap Ex %

-2.97

-1.64

-3.34

-3.37

-2.08

-2.68

-2.68

-2.68

-2.68

Weighted Average Cost Of Capital

Price

12.27

Beta

Diluted Shares Outstanding

46.54M

Costof Debt

8.73

Tax Rate

After Tax Cost Of Debt

5.59

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

56.65M

Total Equity

571.08M

Total Capital

627.73M

Debt Weighting

9.02

Equity Weighting

90.98

Wacc

9.77

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

608.93M

482.03M

610.97M

754.2M

818.08M

895.44M

980.11M

1.07B

1.17B

1.29B

Ebitda

-167k

34.19M

19.44M

42.96M

104.86M

51.5M

56.37M

61.7M

67.54M

73.93M

Ebit

-17.89M

17.11M

4.05M

25.96M

87.11M

27.51M

30.12M

32.96M

36.08M

39.49M

Tax Rate

35.95

35.95

35.95

35.95

35.95

35.95

35.95

35.95

35.95

35.95

Ebiat

976.27M

13.29M

2.16M

13.32M

55.8M

13.56M

14.85M

16.25M

17.79M

19.47M

Depreciation

17.73M

17.08M

15.39M

16.99M

17.74M

23.99M

26.26M

28.74M

31.46M

34.43M

Receivables

112.11M

102.8M

146.19M

158.31M

173.73M

189.64M

207.57M

227.2M

248.68M

272.19M

Inventories

86.8M

74.36M

134.39M

149.45M

138.01M

158.25M

173.21M

189.59M

207.51M

227.13M

Payable

47.83M

40.25M

76.31M

67.52M

60.76M

80.72M

88.36M

96.71M

105.86M

115.87M

Cap Ex

-18.09M

-7.89M

-20.38M

-25.39M

-16.98M

-23.97M

-26.24M

-28.72M

-31.43M

-34.4M

Ufcf

824.83M

36.66M

-70.18M

-31.04M

45.81M

-2.59M

-10.39M

-11.38M

-12.45M

-13.63M

Wacc

9.77

9.77

9.77

9.77

9.77

Pv Ufcf

-2.36M

-8.63M

-8.6M

-8.58M

-8.55M

Sum Pv Ufcf

-36.71M

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

9.77

Free Cash Flow T1

-13.9M

Terminal Value

-178.93M

Present Terminal Value

-112.28M

Intrinsic Value

Enterprise Value

-148.99M

Net Debt

-24.65M

Equity Value

-124.34M

Diluted Shares Outstanding

46.54M

Equity Value Per Share

-2.67

Projected DCF

-2.67 5.596%

DCF Levered

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