0.59%
0.77%
30.39%
13.42%
124.14%
246.73%
187.97%

Company Description

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.

Market Data

Last Price 16.99
Change Percentage 0.59%
Open 16.98
Previous Close 16.89
Market Cap ( Millions) 800
Volume 63798
Year High 19.89
Year Low 7.2
M A 50 16.65
M A 200 13.67

Financial Ratios

FCF Yield 7.94%
Dividend Yield 0.00%
ROE 12.20%
Debt / Equity 25.06%
Net Debt / EBIDTA -77.20%
Price To Book 3.03
Price Earnings Ratio 26.63
Price To FCF 12.59
Price To sales 0.97
EV / EBITDA 8.18

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Live Events

Expected Growth : 5 %

What the company do ?

Live Events from Daktronics, Inc. provide real-time scoring, statistics, and video display solutions for sports and entertainment venues, enhancing the fan experience.

Why we expect these perspectives ?

Daktronics' Live Events segment growth is driven by increasing demand for immersive fan experiences, rising adoption of digital signage in stadiums and arenas, and growing investments in sports venue renovations and new constructions. Additionally, the company's strategic partnerships and innovative product offerings, such as LED displays and audio systems, contribute to its growth momentum.

Segment nΒ°2 -> Commercial

Expected Growth : 4 %

What the company do ?

Daktronics, Inc. offers commercial display systems, including LED displays, scoreboards, and message displays for various industries, such as sports, retail, and transportation.

Why we expect these perspectives ?

Daktronics' commercial segment growth is driven by increasing demand for digital signage and display solutions, expansion into new markets, and strategic partnerships. Additionally, the company's focus on product innovation, such as LED displays and software solutions, has contributed to its growth. Furthermore, the rising need for data visualization and analytics in various industries has also fueled the segment's growth.

Segment nΒ°3 -> High School Park and Recreation

Expected Growth : 3 %

What the company do ?

High School Park and Recreation from Daktronics, Inc. provides scoreboards and display systems for athletic fields and recreational facilities, enhancing the fan experience.

Why we expect these perspectives ?

High School Park and Recreation from Daktronics, Inc. growth is driven by increasing demand for digital scoreboards, rising investments in school infrastructure, and growing popularity of outdoor recreational activities. Additionally, advancements in LED technology and government initiatives promoting sports and fitness contribute to the segment's 3% growth.

Segment nΒ°4 -> International

Expected Growth : 7 %

What the company do ?

Daktronics' International segment provides scoreboards, display systems, and sports information systems to customers outside the United States.

Why we expect these perspectives ?

Daktronics' international segment growth is driven by increasing demand for digital displays and scoreboards in emerging markets, particularly in Asia and Latin America. The company's expansion into new regions, strategic partnerships, and investments in product innovation are also contributing to its 7% growth.

Segment nΒ°5 -> Transportation

Expected Growth : 5 %

What the company do ?

Daktronics, Inc. provides transportation-related display systems, including scoreboards, message displays, and digital signage for highways, airports, and public transit systems.

Why we expect these perspectives ?

Daktronics' transportation segment growth is driven by increasing demand for intelligent transportation systems, rising adoption of digital signage in airports and highways, and growing need for real-time traffic management solutions. Additionally, government initiatives for infrastructure development and smart city projects are fueling growth.

Daktronics, Inc. Products

Product Range What is it ?
Scoreboards Electronic scoreboards and displays for various sports and events, providing real-time scores, statistics, and information to spectators.
Video Displays High-resolution LED video displays for outdoor and indoor applications, offering vibrant visuals and engaging content.
Message Displays Electronic message centers and signs for displaying text, graphics, and animations, suitable for various applications.
Sound Systems Professional audio solutions for sports venues, public spaces, and live events, providing high-quality sound and audio processing.
Show Control Systems Customizable control systems for managing and synchronizing audio, video, and lighting elements in live events and productions.
Digital Billboards High-brightness LED displays for outdoor advertising, offering high-resolution graphics and real-time content updates.
Transportation Displays Electronic displays for transportation hubs, providing real-time information and schedules to passengers.

Daktronics, Inc.'s Porter Forces

Daktronics, Inc. faces moderate threat from substitutes, as there are limited alternatives to its display and control systems. However, the company's focus on innovation and customer satisfaction helps to mitigate this threat.

Daktronics, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's strong relationships with its customers and its ability to provide customized solutions further reduce the bargaining power of customers.

Daktronics, Inc. relies on a few key suppliers for its components and materials. While the company has some bargaining power due to its size and reputation, it is still vulnerable to supplier disruptions and price increases.

The display and control systems industry has high barriers to entry, including significant capital requirements and the need for specialized expertise. This makes it difficult for new entrants to compete with established players like Daktronics, Inc.

The display and control systems industry is highly competitive, with several established players competing for market share. Daktronics, Inc. must continually innovate and improve its products and services to maintain its market position.

Capital Structure

Value
Debt Weight 9.06%
Debt Cost 3.95%
Equity Weight 90.94%
Equity Cost 9.41%
WACC 8.92%
Leverage 9.96%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
CTS CTS Corporation manufactures and sells sensors, actuators, and connectivity components in North America, Europe, and Asia. The company provides sensors and actuators for use in passenger or commercial vehicles; connectivity …
VPG Vishay Precision Group, Inc. designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It …
LYTS LSI Industries Inc. manufactures and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, Australia, and Latin America. It operates in two segments, Lighting and Display …
BELFA Bel Fuse Inc. designs, manufactures, markets, and sells products that are used in the networking, telecommunication, high-speed data transmission, commercial aerospace, military, broadcasting, transportation, e-Mobility and broadcasting, and consumer electronic …
SGMA SigmaTron International, Inc. operates as an independent provider of electronic manufacturing services (EMS). Its EMS services include printed circuit board assemblies and completely assembled (box-build) electronic products. The company also …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
16.99$
Current Price
16.99$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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