Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
DaktronicsDAKT -0.38%70 Debt-to-Equity is 0.05 as of Apr. 2026, which is at its 10-year median of 0.05. GuruFocus rates DAKT with a GF Score™ of 70/100 and a GF Value™ of $14.25 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,220 Hardware companies, Daktronics ranks better than 83.2% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Daktronics's Debt-to-Equity or its related term are showing as below:
DAKT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.24
Current: 0.05
During the past 13 years, the highest Debt-to-Equity Ratio of Daktronics was 0.24. The lowest was 0.01. And the median was 0.05.
DAKT's Debt-to-Equity is ranked better than 83.2% of 2220
companies
in the Hardware industry
Industry Median: 0.28
vs DAKT: 0.05
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Daktronics Debt-to-Equity Related Terms
Daktronics Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Daktronics's Debt-to-Equity 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.
DAKT vs LYTS, LPTH, KOPN: Debt-to-Equity Comparison
For the Electronic Components subindustry, Daktronics's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Daktronics's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Daktronics's Debt-to-Equity falls into.
* 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 (DAKT) has a Debt-to-Equity of 0.05 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Daktronics and its competitors. This is near median its historical median of 0.05. Over the past decade, Daktronics' Debt-to-Equity has ranged from 0.01 to 0.24. According to the industry distribution chart, Daktronics ranks #373 out of 2220 companies in the Hardware industry, placing it in the top 16.8%.
Is Daktronics' Debt-to-Equity too high?
Daktronics' current Debt-to-Equity of 0.05 is near median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.24. The Hardware industry median Debt-to-Equity is 0.28. Daktronics' value of 0.05 is 82.1% below this industry median. Based on the distribution chart, Daktronics ranks #373 out of 2220 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Daktronics has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daktronics' Debt-to-Equity compare to LYTS and LPTH?
According to the Hardware industry distribution chart, Daktronics ranks #373 out of 2220 companies for Debt-to-Equity. This places Daktronics in the top 17% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. Daktronics' value of 0.05 is 82.1% below this benchmark. Historically, Daktronics' own Debt-to-Equity has ranged from 0.01 to 0.24 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.28, Daktronics has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,220 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Daktronics's current Debt-to-Equity of 0.05 is 82.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Daktronics and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daktronics's current Debt-to-Equity is 0.05, which is near median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daktronics stock overvalued right now?
Based on GuruFocus' analysis, Daktronics (DAKT) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.25, compared to a current price of $21.20 — trading 48.8% above its estimated fair value. The current Debt-to-Equity is 0.05, which is near median its 10-year median of 0.05 and 82.1% below the Hardware industry median of 0.28. Daktronics' overall GF Score™ is 70/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Daktronics (DAKT), the current Debt-to-Equity is 0.05 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Daktronics (DAKT) Overvalued in 2026?
Based on GuruFocus' analysis, Daktronics stock appears to be overvalued.
The current stock price of $21.20 is trading 48.8% above its estimated GF Value™ of $14.25.
GuruFocus considers Daktronics to be Significantly Overvalued.
Key valuation signals for DAKT:
Debt-to-Equity: 0.05 (near median its 10-year median of 0.05)
GF Value™: $14.25 vs. price of $21.20 (48.8% above fair value)
Industry Position: 82.1% below the Hardware median (#373 of 2220)
No single metric tells the full story. See the DAKT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company makes the majority of its revenue from Live events.
70GF Score
Get the complete analysis for DAKT
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DAKT has been successfully added to your 
