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Daktronics (Daktronics) Intrinsic Value: Projected FCF

: $5.43 (As of Today)
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Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-24), Daktronics's Intrinsic Value: Projected FCF is $5.43. The stock price of Daktronics is $9.29. Therefore, Daktronics's Price-to-Intrinsic-Value-Projected-FCF of today is 1.7.

The historical rank and industry rank for Daktronics's Intrinsic Value: Projected FCF or its related term are showing as below:

DAKT' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.59   Med: 1.06   Max: 1.72
Current: 1.71

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Daktronics was 1.72. The lowest was 0.59. And the median was 1.06.

DAKT's Price-to-Projected-FCF is ranked worse than
59.07% of 1627 companies
in the Hardware industry
Industry Median: 1.37 vs DAKT: 1.71

Daktronics Intrinsic Value: Projected FCF Historical Data

The historical data trend for Daktronics's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Daktronics Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.39 5.48 7.48 5.65 3.81

Daktronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.74 3.81 4.90 5.84 5.43

Competitive Comparison

For the Electronic Components subindustry, Daktronics's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Daktronics Price-to-Projected-FCF Distribution

For the Hardware industry and Technology sector, Daktronics's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Daktronics's Price-to-Projected-FCF falls into.



Daktronics Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Daktronics's Free Cash Flow(6 year avg) = $9.01.

Daktronics's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jan24)*0.8)/Shares Outstanding (Diluted Average)
=(9.6517283697394*9.01376+236.246*0.8)/50.837
=5.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Daktronics  (NAS:DAKT) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Daktronics's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=9.29/5.4290214432406
=1.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Daktronics Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Daktronics's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Daktronics (Daktronics) Business Description

Industry
Traded in Other Exchanges
Address
201 Daktronics Drive, Brookings, SD, USA, 57006
Daktronics Inc designs and manufactures electronic scoreboards, programmable display systems, and large screen video displays for sporting, commercial and transportation applications. It is engaged in a full range of activities: marketing and sales, engineering and product design and development, manufacturing, technical contracting, professional services, and customer service and support. The company offers a complete line of products, from small scoreboards and electronic displays to large multimillion-dollar video display systems as well as related control, timing, and sound systems. The company has five reportable segments such as Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company makes majority of its revenue from Live events.
Executives
Bradley T Wiemann other: VP, Commercial & Trans Mkts 225 TRAIL RIDGE RD, BROOKINGS SD 57006
Matthew John Kurtenbach other: VP of Manufacturing 1016 CHRISTINE AVE, BROOKINGS SD 57006
Howard I Atkins director OCCIDENTAL PETROLEUM CORPORATION, 5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046
Andrew David Siegel director 1350 E FLAMINGO RD, #253, LAS VEGAS NV 89119
Shereta Diana Williams director 1124 KNOTT ST SE, ATLANTA GA 30316-3124
Lance Dean Bultena director 2620 N. UNDERWOOD STREET, ARLINGTON VA 22213
Reece A Kurtenbach other: Vice President, Video Systems 201 DAKTRONICS DR., BROOKINGS SD 57006-5128
Sheila Mae Anderson officer: CFO & Treasurer 3310 WALNUT LN, BROOKINGS SD 57006
Jose-marie Griffiths director 1022 NE 9TH ST, MADISON SD 57042
Carla S Gatzke officer: Secretary
John L Mulligan director 2417 EAST SOLANO DR, PHOENIX AZ 85016
Nancy D Frame director P O BOX PCS 116, PARIS I0 09777
Byron J Anderson director 395 PAGE MILL RD, MS A3 18, PALO ALTO CA 94306
James B Morgan director, officer: CEO & President 2834 WESTERN AVE S, BROOKINGS SD 57006
Kevin Patrick Mcdermott director 436 ROYAL OAKS DRIVE, NASHVILLE TN 37205

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