BK TECHNOLOGIES CORP (BKTI) Stock Fundamental Analysis
NYSEARCA:BKTI - NYSE Arca - US05587G2030 - Common Stock - Currency: USD
Overall BKTI gets a fundamental rating of 5 out of 10. We evaluated BKTI against 49 industry peers in the Communications Equipment industry. BKTI has an excellent financial health rating, but there are some minor concerns on its profitability. BKTI is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BKTI had positive earnings in the past year.
BKTI had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: BKTI reported negative net income in multiple 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 (16.23%) than 93.88% of its industry peers.
BKTI has a Return On Equity of 28.02%. This is amongst the best in the industry. BKTI outperforms 91.84% of its industry peers.
BKTI has a better Return On Invested Capital (16.48%) than 91.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.23% | ||
| ROE | 28.02% | ||
| ROIC | 16.48% |
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 10.91% is amongst the best of the industry. BKTI outperforms 87.76% of its industry peers.
Looking at the Operating Margin, with a value of 10.22%, BKTI is in the better half of the industry, outperforming 77.55% of the companies in the same industry.
With a Gross Margin value of 37.93%, BKTI perfoms like the industry average, outperforming 44.90% of the companies in the same industry.
BKTI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.22% | ||
| PM (TTM) | 10.91% | ||
| GM | 37.93% |
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) just above the Cost of Capital (WACC), BKTI is creating some value.
The number of shares outstanding for BKTI remains at a similar level compared to 1 year ago.
The number of shares outstanding for BKTI has been increased compared to 5 years ago.
BKTI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
BKTI has an Altman-Z score of 6.44. This indicates that BKTI is financially healthy and has little risk of bankruptcy at the moment.
BKTI has a Altman-Z score of 6.44. This is amongst the best in the industry. BKTI outperforms 89.80% 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 | 6.44 |
ROIC/WACC1.72
WACC9.56%
2.3 Liquidity
BKTI has a Current Ratio of 2.64. 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 2.64, BKTI is in the better half of the industry, outperforming 69.39% of the companies in the same industry.
BKTI has a Quick Ratio of 1.38. This is a normal value and indicates that BKTI is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.38, BKTI is in line with its industry, outperforming 48.98% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.64 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 439.08% over the past year.
Looking at the last year, BKTI shows a small growth in Revenue. The Revenue has grown by 3.37% in the last year.
EPS 1Y (TTM)439.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%662.5%
Revenue 1Y (TTM)3.37%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%9.91%
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 107.71% on average per year.
The Revenue is expected to grow by 0.51% on average over the next years.
EPS Next Y100.67%
EPS Next 2Y107.71%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.48%
Revenue Next 2Y0.51%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 292.93, BKTI can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as BKTI.
BKTI is valuated expensively when we compare the Price/Earnings ratio to 28.87, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 67.90 indicates a quite expensive valuation of BKTI.
BKTI's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of BKTI to the average of the S&P500 Index (21.38), we can say BKTI is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 292.93 | ||
| Fwd PE | 67.9 |
4.2 Price Multiples
BKTI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BKTI is cheaper than 65.31% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BKTI indicates a somewhat cheap valuation: BKTI is cheaper than 73.47% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.37 | ||
| EV/EBITDA | 15.73 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BKTI does not grow enough to justify the current Price/Earnings ratio.
BKTI's earnings are expected to grow with 107.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.91
PEG (5Y)N/A
EPS Next 2Y107.71%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BKTI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
43.94
+0.32 (+0.73%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)
Earnings (Next)
Inst Owners31.59%
Inst Owner Change0%
Ins Owners9.92%
Ins Owner Change0%
Market Cap156.87M
Analysts82.86
Price Target36.21 (-17.59%)
Short Float %0.85%
Short Ratio0.59
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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
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)18.33%
PT rev (3m)77.5%
EPS NQ rev (1m)25.71%
EPS NQ rev (3m)N/A
EPS NY rev (1m)25%
EPS NY rev (3m)-17.16%
Revenue NQ rev (1m)-1.16%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)3.16%
Revenue NY rev (3m)-18.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 292.93 | ||
| Fwd PE | 67.9 | ||
| P/S | 2.05 | ||
| P/FCF | 15.37 | ||
| P/OCF | 13.71 | ||
| P/B | 5.26 | ||
| P/tB | 5.5 | ||
| EV/EBITDA | 15.73 |
EPS(TTM)0.15
EY0.34%
EPS(NY)0.65
Fwd EY1.47%
FCF(TTM)2.86
FCFY6.51%
OCF(TTM)3.21
OCFY7.3%
SpS21.45
BVpS8.36
TBVpS7.99
PEG (NY)2.91
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.23% | ||
| ROE | 28.02% | ||
| ROCE | 20.86% | ||
| ROIC | 16.48% | ||
| ROICexc | 20.31% | ||
| ROICexgc | 21.23% | ||
| OM | 10.22% | ||
| PM (TTM) | 10.91% | ||
| GM | 37.93% | ||
| FCFM | 13.33% |
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 Turnover1.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 72.99% | ||
| Cap/Sales | 1.61% | ||
| Interest Coverage | 21.93 | ||
| Cash Conversion | 120.21% | ||
| Profit Quality | 122.13% | ||
| Current Ratio | 2.64 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 6.44 |
F-Score7
WACC9.56%
ROIC/WACC1.72
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)439.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%662.5%
EPS Next Y100.67%
EPS Next 2Y107.71%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.37%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%9.91%
Revenue Next Year-0.48%
Revenue Next 2Y0.51%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y1108.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year130.79%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y2309.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y591.48%
OCF growth 3YN/A
OCF growth 5YN/A