BK TECHNOLOGIES CORP (BKTI) Stock Fundamental Analysis
NYSEARCA:BKTI - NYSE Arca - US05587G2030 - Common Stock - Currency: USD
BKTI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 50 industry peers in the Communications Equipment industry. BKTI is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. BKTI has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year BKTI was profitable.
In the past year BKTI had a positive cash flow from operations.
In multiple years BKTI reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: BKTI reported negative operating cash flow in multiple years.
1.2 Ratios
BKTI has a better Return On Assets (17.50%) than 96.00% of its industry peers.
BKTI has a Return On Equity of 30.31%. This is amongst the best in the industry. BKTI outperforms 96.00% of its industry peers.
BKTI has a better Return On Invested Capital (18.89%) than 92.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.5% | ||
| ROE | 30.31% | ||
| ROIC | 18.89% |
ROA(3y)-4.03%
ROA(5y)-2.97%
ROE(3y)-13.4%
ROE(5y)-8.87%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BKTI's Profit Margin of 12.67% is amongst the best of the industry. BKTI outperforms 86.00% of its industry peers.
BKTI has a better Operating Margin (12.61%) than 82.00% of its industry peers.
BKTI has a Gross Margin (40.96%) which is comparable to the rest of the industry.
BKTI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.61% | ||
| PM (TTM) | 12.67% | ||
| GM | 40.96% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.9%
GM growth 5Y-0.57%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BKTI is creating value.
The number of shares outstanding for BKTI remains at a similar level compared to 1 year ago.
BKTI has more shares outstanding than it did 5 years ago.
There is no outstanding debt for BKTI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 7.11 indicates that BKTI is not in any danger for bankruptcy at the moment.
BKTI has a better Altman-Z score (7.11) than 88.00% of its industry peers.
There is no outstanding debt for BKTI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 7.11 |
ROIC/WACC1.86
WACC10.16%
2.3 Liquidity
BKTI has a Current Ratio of 2.61. This indicates that BKTI is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.61, BKTI is in the better half of the industry, outperforming 72.00% of the companies in the same industry.
BKTI has a Quick Ratio of 1.55. This is a normal value and indicates that BKTI is financially healthy and should not expect problems in meeting its short term obligations.
BKTI has a Quick ratio of 1.55. This is comparable to the rest of the industry: BKTI outperforms 58.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.61 | ||
| Quick Ratio | 1.55 |
3. Growth
3.1 Past
BKTI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 2970.21%, which is quite impressive.
The Revenue has been growing slightly by 5.17% in the past year.
Measured over the past years, BKTI shows a quite strong growth in Revenue. The Revenue has been growing by 13.82% on average per year.
EPS 1Y (TTM)2970.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%185.8%
Revenue 1Y (TTM)5.17%
Revenue growth 3Y19.08%
Revenue growth 5Y13.82%
Sales Q2Q%4.51%
3.2 Future
Based on estimates for the next years, BKTI will show a very strong growth in Earnings Per Share. The EPS will grow by 26.66% on average per year.
The Revenue is expected to grow by 8.45% on average over the next years. This is quite good.
EPS Next Y45.83%
EPS Next 2Y26.66%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year8.21%
Revenue Next 2Y8.45%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BKTI is valuated rather expensively with a Price/Earnings ratio of 18.41.
Based on the Price/Earnings ratio, BKTI is valued a bit cheaper than 68.00% of the companies in the same industry.
BKTI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.15, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 15.00, which indicates a correct valuation of BKTI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BKTI indicates a somewhat cheap valuation: BKTI is cheaper than 64.00% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of BKTI to the average of the S&P500 Index (21.60), we can say BKTI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.41 | ||
| Fwd PE | 15 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BKTI indicates a somewhat cheap valuation: BKTI is cheaper than 68.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, BKTI is valued a bit cheaper than 76.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.26 | ||
| EV/EBITDA | 16.35 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of BKTI may justify a higher PE ratio.
A more expensive valuation may be justified as BKTI's earnings are expected to grow with 26.66% in the coming years.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y26.66%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for BKTI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
47.13
-6.41 (-11.97%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners33.38%
Inst Owner Change10.36%
Ins Owners11.14%
Ins Owner Change0%
Market Cap172.97M
Analysts82.86
Price Target38.25 (-18.84%)
Short Float %0.55%
Short Ratio0.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)61.19%
Min EPS beat(2)51.52%
Max EPS beat(2)70.87%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)7.25%
Min Revenue beat(2)4.62%
Max Revenue beat(2)9.88%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.63%
PT rev (3m)25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.41 | ||
| Fwd PE | 15 | ||
| P/S | 2.23 | ||
| P/FCF | 13.26 | ||
| P/OCF | 12.07 | ||
| P/B | 5.34 | ||
| P/tB | 5.65 | ||
| EV/EBITDA | 16.35 |
EPS(TTM)2.56
EY5.43%
EPS(NY)3.14
Fwd EY6.67%
FCF(TTM)3.55
FCFY7.54%
OCF(TTM)3.9
OCFY8.28%
SpS21.09
BVpS8.82
TBVpS8.34
PEG (NY)0.4
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.5% | ||
| ROE | 30.31% | ||
| ROCE | 23.91% | ||
| ROIC | 18.89% | ||
| ROICexc | 24.17% | ||
| ROICexgc | 25.58% | ||
| OM | 12.61% | ||
| PM (TTM) | 12.67% | ||
| GM | 40.96% | ||
| FCFM | 16.85% |
ROA(3y)-4.03%
ROA(5y)-2.97%
ROE(3y)-13.4%
ROE(5y)-8.87%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.9%
GM growth 5Y-0.57%
F-Score7
Asset Turnover1.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 75.29% | ||
| Cap/Sales | 1.67% | ||
| Interest Coverage | 62.97 | ||
| Cash Conversion | 124.9% | ||
| Profit Quality | 132.94% | ||
| Current Ratio | 2.61 | ||
| Quick Ratio | 1.55 | ||
| Altman-Z | 7.11 |
F-Score7
WACC10.16%
ROIC/WACC1.86
Cap/Depr(3y)108.57%
Cap/Depr(5y)114.14%
Cap/Sales(3y)2.63%
Cap/Sales(5y)3.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2970.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%185.8%
EPS Next Y45.83%
EPS Next 2Y26.66%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.17%
Revenue growth 3Y19.08%
Revenue growth 5Y13.82%
Sales Q2Q%4.51%
Revenue Next Year8.21%
Revenue Next 2Y8.45%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y715.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year107.76%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y282.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y378.79%
OCF growth 3YN/A
OCF growth 5YN/A