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TAITRON COMPONENTS INC-CL A (TAIT) Stock Fundamental Analysis

NASDAQ:TAIT - Nasdaq - US8740281030 - Common Stock - Currency: USD

2.61  0 (0%)

Fundamental Rating

6

Overall TAIT gets a fundamental rating of 6 out of 10. We evaluated TAIT against 124 industry peers in the Electronic Equipment, Instruments & Components industry. TAIT has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TAIT has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

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8

1. Profitability

1.1 Basic Checks

In the past year TAIT was profitable.
TAIT had a positive operating cash flow in the past year.
TAIT had positive earnings in each of the past 5 years.
TAIT had a positive operating cash flow in each of the past 5 years.
TAIT Yearly Net Income VS EBIT VS OCF VS FCFTAIT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2M -2M

1.2 Ratios

With an excellent Return On Assets value of 7.20%, TAIT belongs to the best of the industry, outperforming 82.50% of the companies in the same industry.
TAIT has a Return On Equity of 7.83%. This is in the better half of the industry: TAIT outperforms 65.83% of its industry peers.
TAIT has a Return On Invested Capital of 0.06%. This is comparable to the rest of the industry: TAIT outperforms 45.83% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TAIT is in line with the industry average of 8.99%.
The 3 year average ROIC (9.68%) for TAIT is well above the current ROIC(0.06%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 7.2%
ROE 7.83%
ROIC 0.06%
ROA(3y)13.57%
ROA(5y)11.18%
ROE(3y)14.94%
ROE(5y)12.23%
ROIC(3y)9.68%
ROIC(5y)7.98%
TAIT Yearly ROA, ROE, ROICTAIT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10 -20

1.3 Margins

The Profit Margin of TAIT (30.95%) is better than 97.50% of its industry peers.
TAIT's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 0.30%, TAIT perfoms like the industry average, outperforming 47.50% of the companies in the same industry.
TAIT's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 51.60%, TAIT belongs to the best of the industry, outperforming 88.33% of the companies in the same industry.
TAIT's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 0.3%
PM (TTM) 30.95%
GM 51.6%
OM growth 3Y7.83%
OM growth 5Y2.61%
PM growth 3Y14.17%
PM growth 5Y12.47%
GM growth 3Y4.86%
GM growth 5Y5.09%
TAIT Yearly Profit, Operating, Gross MarginsTAIT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40 -40

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8

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TAIT is destroying value.
Compared to 1 year ago, TAIT has more shares outstanding
Compared to 5 years ago, TAIT has more shares outstanding
There is no outstanding debt for TAIT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
TAIT Yearly Shares OutstandingTAIT Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2M 4M 6M
TAIT Yearly Total Debt VS Total AssetsTAIT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M

2.2 Solvency

An Altman-Z score of 7.64 indicates that TAIT is not in any danger for bankruptcy at the moment.
TAIT has a better Altman-Z score (7.64) than 85.83% of its industry peers.
TAIT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 7.64
ROIC/WACC0.01
WACC10.37%
TAIT Yearly LT Debt VS Equity VS FCFTAIT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M

2.3 Liquidity

A Current Ratio of 8.82 indicates that TAIT has no problem at all paying its short term obligations.
TAIT has a better Current ratio (8.82) than 92.50% of its industry peers.
TAIT has a Quick Ratio of 6.84. This indicates that TAIT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 6.84, TAIT belongs to the top of the industry, outperforming 90.83% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 8.82
Quick Ratio 6.84
TAIT Yearly Current Assets VS Current LiabilitesTAIT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2M 4M 6M 8M 10M

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0

3. Growth

3.1 Past

TAIT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.95%.
The Earnings Per Share has been growing slightly by 4.98% on average over the past years.
TAIT shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -37.24%.
The Revenue has been decreasing by -5.77% on average over the past years.
EPS 1Y (TTM)-20.95%
EPS 3Y9.98%
EPS 5Y4.98%
EPS Q2Q%-41.87%
Revenue 1Y (TTM)-37.24%
Revenue growth 3Y-3.04%
Revenue growth 5Y-5.77%
Sales Q2Q%-23.91%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
TAIT Yearly Revenue VS EstimatesTAIT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2M 4M 6M 8M
TAIT Yearly EPS VS EstimatesTAIT Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

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5

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 10.88, the valuation of TAIT can be described as very reasonable.
TAIT's Price/Earnings ratio is rather cheap when compared to the industry. TAIT is cheaper than 95.83% of the companies in the same industry.
When comparing the Price/Earnings ratio of TAIT to the average of the S&P500 Index (28.51), we can say TAIT is valued rather cheaply.
Industry RankSector Rank
PE 10.88
Fwd PE N/A
TAIT Price Earnings VS Forward Price EarningsTAIT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TAIT indicates a rather cheap valuation: TAIT is cheaper than 95.83% of the companies listed in the same industry.
63.33% of the companies in the same industry are more expensive than TAIT, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 30.63
EV/EBITDA 5.81
TAIT Per share dataTAIT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1 1.5 2 2.5

4.3 Compensation for Growth

The excellent profitability rating of TAIT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.19
EPS Next 2YN/A
EPS Next 3YN/A

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6

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 7.63%, TAIT is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.82, TAIT pays a better dividend. On top of this TAIT pays more dividend than 99.17% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.27, TAIT pays a better dividend.
Industry RankSector Rank
Dividend Yield 7.63%

5.2 History

On average, the dividend of TAIT grows each year by 13.56%, which is quite nice.
TAIT has been paying a dividend for at least 10 years, so it has a reliable track record.
TAIT has decreased its dividend recently.
Dividend Growth(5Y)13.56%
Div Incr Years0
Div Non Decr Years1
TAIT Yearly Dividends per shareTAIT Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.1 0.2 0.3

5.3 Sustainability

89.66% of the earnings are spent on dividend by TAIT. This is not a sustainable payout ratio.
The dividend of TAIT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP89.66%
EPS Next 2YN/A
EPS Next 3YN/A
TAIT Yearly Income VS Free CF VS DividendTAIT Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2M -2M
TAIT Dividend Payout.TAIT Dividend Payout, showing the Payout Ratio.TAIT Dividend Payout.PayoutRetained Earnings

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TAITRON COMPONENTS INC-CL A

NASDAQ:TAIT (1/30/2025, 5:30:20 PM)

2.61

0 (0%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)11-12 2024-11-12
Earnings (Next)03-31 2025-03-31
Inst Owners22.15%
Inst Owner Change0%
Ins Owners39.66%
Ins Owner Change0%
Market Cap15.71M
Analysts0
Price TargetN/A
Short Float %0.17%
Short Ratio0.34
Dividend
Industry RankSector Rank
Dividend Yield 7.63%
Yearly Dividend0.2
Dividend Growth(5Y)13.56%
DP89.66%
Div Incr Years0
Div Non Decr Years1
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 10.88
Fwd PE N/A
P/S 3.62
P/FCF 30.63
P/OCF 20.78
P/B 0.92
P/tB 0.92
EV/EBITDA 5.81
EPS(TTM)0.24
EY9.2%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.09
FCFY3.26%
OCF(TTM)0.13
OCFY4.81%
SpS0.72
BVpS2.85
TBVpS2.85
PEG (NY)N/A
PEG (5Y)2.19
Profitability
Industry RankSector Rank
ROA 7.2%
ROE 7.83%
ROCE 0.08%
ROIC 0.06%
ROICexc 0.14%
ROICexgc 0.14%
OM 0.3%
PM (TTM) 30.95%
GM 51.6%
FCFM 11.81%
ROA(3y)13.57%
ROA(5y)11.18%
ROE(3y)14.94%
ROE(5y)12.23%
ROIC(3y)9.68%
ROIC(5y)7.98%
ROICexc(3y)19.86%
ROICexc(5y)15.98%
ROICexgc(3y)19.86%
ROICexgc(5y)15.98%
ROCE(3y)11.85%
ROCE(5y)9.77%
ROICexcg growth 3Y3.25%
ROICexcg growth 5Y-0.2%
ROICexc growth 3Y3.25%
ROICexc growth 5Y-0.2%
OM growth 3Y7.83%
OM growth 5Y2.61%
PM growth 3Y14.17%
PM growth 5Y12.47%
GM growth 3Y4.86%
GM growth 5Y5.09%
F-Score4
Asset Turnover0.23
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 127.9%
Cap/Sales 5.6%
Interest Coverage 250
Cash Conversion 372.41%
Profit Quality 38.17%
Current Ratio 8.82
Quick Ratio 6.84
Altman-Z 7.64
F-Score4
WACC10.37%
ROIC/WACC0.01
Cap/Depr(3y)46.62%
Cap/Depr(5y)32.3%
Cap/Sales(3y)1.25%
Cap/Sales(5y)0.87%
Profit Quality(3y)99.1%
Profit Quality(5y)125.42%
High Growth Momentum
Growth
EPS 1Y (TTM)-20.95%
EPS 3Y9.98%
EPS 5Y4.98%
EPS Q2Q%-41.87%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-37.24%
Revenue growth 3Y-3.04%
Revenue growth 5Y-5.77%
Sales Q2Q%-23.91%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-99.16%
EBIT growth 3Y4.55%
EBIT growth 5Y-3.31%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-13.05%
FCF growth 3Y13.08%
FCF growth 5Y5.18%
OCF growth 1Y28.14%
OCF growth 3Y15.39%
OCF growth 5Y6.58%