TAITRON COMPONENTS INC-CL A (TAIT)
US8740281030 - Common Stock
TAIT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. TAIT gets an excellent profitability rating and is at the same time showing great financial health properties. TAIT has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
TAIT had positive earnings in the past year.
In the past year TAIT had a positive cash flow from operations.
Each year in the past 5 years TAIT has been profitable.
In the past 5 years TAIT always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of TAIT (7.20%) is better than 84.55% of its industry peers.
The Return On Equity of TAIT (7.83%) is better than 67.48% 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 49.59% 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 8.68%.
The last Return On Invested Capital (0.06%) for TAIT is well below the 3 year average (9.68%), which needs to be investigated, but indicates that TAIT had better years and this may not be a problem.
| Industry Rank | Sector 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%
1.3 Margins
TAIT's Profit Margin of 30.95% is amongst the best of the industry. TAIT outperforms 99.19% of its industry peers.
In the last couple of years the Profit Margin of TAIT has grown nicely.
Looking at the Operating Margin, with a value of 0.30%, TAIT is in line with its industry, outperforming 51.22% of the companies in the same industry.
In the last couple of years the Operating Margin of TAIT has grown nicely.
With an excellent Gross Margin value of 51.60%, TAIT belongs to the best of the industry, outperforming 86.99% of the companies in the same industry.
TAIT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
TAIT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, TAIT has more shares outstanding
Compared to 5 years ago, TAIT has more shares outstanding
TAIT 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
TAIT has an Altman-Z score of 7.71. This indicates that TAIT is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 7.71, TAIT belongs to the best of the industry, outperforming 87.80% of the companies in the same industry.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 7.71 |
ROIC/WACC0.01
WACC10.07%
2.3 Liquidity
TAIT has a Current Ratio of 8.82. This indicates that TAIT is financially healthy and has no problem in meeting its short term obligations.
TAIT's Current ratio of 8.82 is amongst the best of the industry. TAIT outperforms 93.50% 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.
TAIT's Quick ratio of 6.84 is amongst the best of the industry. TAIT outperforms 91.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.82 | ||
| Quick Ratio | 6.84 |
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%.
Measured over the past 5 years, TAIT shows a small growth in Earnings Per Share. The EPS has been growing by 4.98% on average per year.
Looking at the last year, TAIT shows a very negative growth in Revenue. The Revenue has decreased by -37.24% in the last year.
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 10.69, the valuation of TAIT can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of TAIT indicates a rather cheap valuation: TAIT is cheaper than 94.31% of the companies listed in the same industry.
TAIT is valuated cheaply when we compare the Price/Earnings ratio to 29.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.69 | ||
| Fwd PE | N/A |
4.2 Price Multiples
TAIT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TAIT is cheaper than 91.87% of the companies in the same industry.
TAIT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TAIT is cheaper than 65.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.1 | ||
| EV/EBITDA | 6.7 |
4.3 Compensation for Growth
The excellent profitability rating of TAIT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.15
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.58%, TAIT is a good candidate for dividend investing.
TAIT's Dividend Yield is rather good when compared to the industry average which is at 1.95. TAIT pays more dividend than 98.37% of the companies in the same industry.
TAIT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.58% |
5.2 History
The dividend of TAIT is nicely growing with an annual growth rate of 13.56%!
TAIT has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)13.56%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
TAIT pays out 89.66% of its income as dividend. This is not a sustainable payout ratio.
TAIT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP89.66%
EPS Next 2YN/A
EPS Next 3YN/A
TAITRON COMPONENTS INC-CL A
NASDAQ:TAIT (11/22/2024, 8:07:25 PM)
2.565
-0.08 (-2.84%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap15.44M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.58% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.69 | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)2.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.2% | ||
| ROE | 7.83% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 0.3% | ||
| PM (TTM) | 30.95% | ||
| GM | 51.6% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 8.82 | ||
| Quick Ratio | 6.84 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-20.95%
EPS 3Y9.98%
EPS 5Y
EPS Q2Q%
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-37.24%
Revenue growth 3Y-3.04%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y