Daktronics Stock Z Score

DAKT Stock

USD 15.40 0.38 2.53%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Daktronics Piotroski F Score and Daktronics Valuation analysis.

For more information on how to buy Daktronics Stock please use our How to Invest in Daktronics guide.

Capital Stock is likely to gain to about 67.6 M in 2024, whereas Capital Surpluse is likely to drop slightly above 38.5 M in 2024. At this time, Daktronics' Income Tax Expense is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 10 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 389.5 M in 2024.

Daktronics Company Z Score Analysis

Daktronics' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Daktronics Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Daktronics is extremely important. It helps to project a fair market value of Daktronics Stock properly, considering its historical fundamentals such as Z Score. Since Daktronics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Daktronics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Daktronics' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.73	-0.24	0.63	0.72	0.98	0.96	0.99	-0.03	-0.12	0.71	0.6	0.3	-0.61	0.84	0.64	-0.24	-0.33	0.67	-0.29	0.42	0.45	0.49	0.37	0.71
Total Stockholder Equity	0.73		-0.48	0.92	0.78	0.71	0.55	0.71	-0.01	0.27	0.79	0.02	0.46	-0.19	0.95	0.56	0.31	0.22	0.47	-0.09	0.12	0.25	0.23	0.23	0.1
Net Debt	-0.24	-0.48		-0.44	-0.14	-0.15	-0.08	-0.23	0.28	-0.13	-0.33	0.14	-0.44	0.05	-0.31	-0.15	-0.47	-0.16	-0.13	0.07	0.03	0.05	0.17	0.11	0.13
Retained Earnings	0.63	0.92	-0.44		0.59	0.65	0.42	0.65	-0.04	0.22	0.49	-0.06	0.23	0.08	0.88	0.3	0.37	0.26	0.14	0.09	-0.08	-0.05	0.28	0.31	0.03
Accounts Payable	0.72	0.78	-0.14	0.59		0.73	0.7	0.69	-0.13	0.03	0.86	0.13	0.41	-0.49	0.78	0.88	-0.09	0.18	0.67	-0.19	0.44	0.5	0.2	0.08	0.29
Net Receivables	0.98	0.71	-0.15	0.65	0.73		0.95	0.99	-0.1	-0.14	0.64	0.57	0.21	-0.54	0.83	0.62	-0.27	-0.27	0.59	-0.2	0.38	0.37	0.53	0.41	0.71
Total Liab	0.96	0.55	-0.08	0.42	0.7	0.95		0.95	-0.06	-0.28	0.68	0.74	0.19	-0.76	0.69	0.71	-0.48	-0.42	0.75	-0.37	0.6	0.58	0.54	0.39	0.85
Total Current Assets	0.99	0.71	-0.23	0.65	0.69	0.99	0.95		-0.04	-0.16	0.66	0.61	0.23	-0.56	0.82	0.61	-0.23	-0.31	0.63	-0.25	0.38	0.41	0.53	0.43	0.72
Short Term Debt	-0.03	-0.01	0.28	-0.04	-0.13	-0.1	-0.06	-0.04		0.18	0.01	0.12	0.06	0.12	0.02	-0.14	0.13	-0.23	0.02	-0.46	-0.21	0.19	-0.11	-0.07	-0.1
Intangible Assets	-0.12	0.27	-0.13	0.22	0.03	-0.14	-0.28	-0.16	0.18		0.19	-0.48	0.66	0.42	0.24	-0.22	0.59	0.25	-0.05	0.15	-0.55	-0.22	-0.41	-0.29	-0.55
Common Stock	0.71	0.79	-0.33	0.49	0.86	0.64	0.68	0.66	0.01	0.19		0.25	0.62	-0.61	0.76	0.82	-0.02	0.02	0.88	-0.36	0.47	0.68	0.19	0.12	0.3
Long Term Debt	0.6	0.02	0.14	-0.06	0.13	0.57	0.74	0.61	0.12	-0.48	0.25		-0.14	-0.7	0.19	0.29	-0.7	-0.76	0.59	-0.48	0.59	0.56	0.7	0.59	0.93
Good Will	0.3	0.46	-0.44	0.23	0.41	0.21	0.19	0.23	0.06	0.66	0.62	-0.14		-0.19	0.42	0.27	0.42	-0.04	0.47	-0.09	-0.06	0.24	-0.4	-0.39	-0.16
Treasury Stock	-0.61	-0.19	0.05	0.08	-0.49	-0.54	-0.76	-0.56	0.12	0.42	-0.61	-0.7	-0.19		-0.26	-0.72	0.64	0.52	-0.82	0.52	-0.9	-0.81	-0.3	-0.12	-0.78
Property Plant Equipment	0.84	0.95	-0.31	0.88	0.78	0.83	0.69	0.82	0.02	0.24	0.76	0.19	0.42	-0.26		0.53	0.11	0.04	0.51	-0.14	0.16	0.25	0.34	0.31	0.28
Current Deferred Revenue	0.64	0.56	-0.15	0.3	0.88	0.62	0.71	0.61	-0.14	-0.22	0.82	0.29	0.27	-0.72	0.53		-0.32	0.1	0.74	-0.36	0.69	0.62	0.2	0.03	0.44
Short Term Investments	-0.24	0.31	-0.47	0.37	-0.09	-0.27	-0.48	-0.23	0.13	0.59	-0.02	-0.7	0.42	0.64	0.11	-0.32		0.51	-0.34	0.46	-0.72	-0.38	-0.43	-0.27	-0.74
Net Tangible Assets	-0.33	0.22	-0.16	0.26	0.18	-0.27	-0.42	-0.31	-0.23	0.25	0.02	-0.76	-0.04	0.52	0.04	0.1	0.51		-0.31	0.46	-0.37	-0.4	-0.23	-0.16	-0.65
Capital Surpluse	0.67	0.47	-0.13	0.14	0.67	0.59	0.75	0.63	0.02	-0.05	0.88	0.59	0.47	-0.82	0.51	0.74	-0.34	-0.31		-0.46	0.65	0.85	0.38	0.28	0.58
Deferred Long Term Liab	-0.29	-0.09	0.07	0.09	-0.19	-0.2	-0.37	-0.25	-0.46	0.15	-0.36	-0.48	-0.09	0.52	-0.14	-0.36	0.46	0.46	-0.46		-0.47	-0.55	0.01	0.08	-0.33
Long Term Investments	0.42	0.12	0.03	-0.08	0.44	0.38	0.6	0.38	-0.21	-0.55	0.47	0.59	-0.06	-0.9	0.16	0.69	-0.72	-0.37	0.65	-0.47		0.7	0.37	0.19	0.68
Short Long Term Debt	0.45	0.25	0.05	-0.05	0.5	0.37	0.58	0.41	0.19	-0.22	0.68	0.56	0.24	-0.81	0.25	0.62	-0.38	-0.4	0.85	-0.55	0.7		0.31	0.21	0.52
Net Invested Capital	0.49	0.23	0.17	0.28	0.2	0.53	0.54	0.53	-0.11	-0.41	0.19	0.7	-0.4	-0.3	0.34	0.2	-0.43	-0.23	0.38	0.01	0.37	0.31		0.97	0.68
Net Working Capital	0.37	0.23	0.11	0.31	0.08	0.41	0.39	0.43	-0.07	-0.29	0.12	0.59	-0.39	-0.12	0.31	0.03	-0.27	-0.16	0.28	0.08	0.19	0.21	0.97		0.52
Capital Stock	0.71	0.1	0.13	0.03	0.29	0.71	0.85	0.72	-0.1	-0.55	0.3	0.93	-0.16	-0.78	0.28	0.44	-0.74	-0.65	0.58	-0.33	0.68	0.52	0.68	0.52

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Daktronics

According to the company's disclosures, Daktronics has a Z Score of 0.0. This is 100.0% lower than that of the Electronic Equipment, Instruments & Components sector and 100.0% lower than that of the Information Technology industry. The z score for all United States stocks is 100.0% higher than that of the company.

Daktronics ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Daktronics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Daktronics' managers, analysts, and investors.

Environmental

Governance

Social

Daktronics Institutional Holders

Institutional Holdings refers to the ownership stake in Daktronics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Daktronics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Daktronics' value.

		Shares
Alta Fox Capital Management, Llc	2024-09-30	748.6 K
Amvescap Plc.	2024-06-30	736.9 K
Jpmorgan Chase & Co	2024-06-30	610.2 K
Arrowstreet Capital Limited Partnership	2024-06-30	579.5 K
D. E. Shaw & Co Lp	2024-09-30	535.9 K
Renaissance Technologies Corp	2024-09-30	519.9 K
Charles Schwab Investment Management Inc	2024-09-30	451.9 K
Bridgeway Capital Management, Llc	2024-09-30	437.2 K
J. Goldman & Co Lp	2024-09-30	395.3 K
Blackrock Inc	2024-06-30	2.9 M
Duquesne Family Office Llc	2024-09-30	2.6 M

Daktronics Fundamentals

	Return On Equity	0.0456
	Return On Asset	0.0819
	Profit Margin	0.01 %
	Operating Margin	0.10 %
	Current Valuation	697.56 M
	Shares Outstanding	46.65 M
	Shares Owned By Insiders	13.23 %
	Shares Owned By Institutions	70.06 %
	Number Of Shares Shorted	1.89 M
	Price To Earning	16.54 X
	Price To Book	3.02 X
	Price To Sales	0.89 X
	Revenue	818.08 M
	Gross Profit	151.35 M
	EBITDA	104.86 M
	Net Income	34.62 M
	Cash And Equivalents	11.3 M
	Cash Per Share	0.25 X
	Total Debt	56.65 M
	Debt To Equity	0.13 %
	Current Ratio	1.53 X
	Book Value Per Share	5.11 X
	Cash Flow From Operations	63.24 M
	Short Ratio	7.50 X
	Earnings Per Share	0.21 X
	Price To Earnings To Growth	0.49 X
	Target Price	16.75
	Number Of Employees	2.52 K
	Beta	1.15
	Market Capitalization	690.4 M
	Total Asset	527.88 M
	Retained Earnings	138.03 M
	Working Capital	209.65 M
	Current Asset	260.39 M
	Current Liabilities	122.88 M
	Five Year Return	3.41 %
	Net Asset	527.88 M

About Daktronics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Daktronics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Daktronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Daktronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Daktronics Stock Analysis

When running Daktronics' price analysis, check to measure Daktronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daktronics is operating at the current time. Most of Daktronics' value examination focuses on studying past and present price action to predict the probability of Daktronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daktronics' price. Additionally, you may evaluate how the addition of Daktronics to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Daktronics Stock Z Score

Daktronics Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Daktronics Z Score Driver Correlations

Daktronics ESG Sustainability

Daktronics Institutional Holders

Daktronics Fundamentals

About Daktronics Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Daktronics Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY