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Daktronics, Inc.

Rank #146Op. LeverageWatchlistCompare with other stocks

DAKT · Nasdaq · Technology

Daktronics, Inc. (DAKT) — Rank #146 by gross profitability (GP/assets 0.38) · ROE 14.3% · Piotroski F-Score 8 / 9.

As-of 2026-10-30 · CIK 0000915779 · all metrics point-in-time as of the filing date.

About

Daktronics, Inc. designs, manufactures, and sells electronic display systems and related solutions for sports, commercial, and transportation applications in the United States and internationally.

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It operates through Commercial, Live Events, High School Park and Recreation, Transportation, and International segments. The company offers video display and walls; sport scoreboard solutions; LED message displays and sings; intelligent transportation systems dynamic message signs; mass transit display; sound systems; and digital billboards and street furniture, and digit and price displays. It also provides indoor dynamic messaging systems; and software and controllers, which includes Venus, a control suite software to efficiently distribute and update content across single or multiple displays. The company serves out-of-home companies, retailers, quick-serve restaurants, casinos, shopping centers, cruise ships, commercial building owners, petroleum retailers, governmental transportation departments, transportation industry contractors, airlines, and sports and commercial business facilities. It sells its products through direct sales and resellers. Daktronics, Inc.

was incorporated in 1968 and is headquartered in Brookings, South Dakota.

Industry
Electronic Components
Sector
Technology
State
DE
Filer Category
Large accelerated filer
Fiscal Year End
May 1

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

2,423

Industry

Electronic Components

Exchange

Nasdaq

11/12

Flags passed

DAKT passes 11/12 quality flags

1 caution to review

  • CAUTION
    Dilution above 2%

    Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation

  • PASS
    Gross margin holding
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Revenue not declining
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Revenue growth accelerating · Operating leverage expanding

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.38
Return on equity
14.3%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.91
Current ratio
2.17×
Net cash
$144.08M

Cash Flow

2/3 pass
Positive FCF
PASS
Cash-backed earnings
WARN
Accruals healthy
PASS
SBC / revenue
0.6%

Growth

1/2 pass
Revenue growth
10.9%
Piotroski F-Score
8 / 9
Share dilution
3.8%

Operating margin expansion and free cash flow are the primary reads at this stage.

Profitability

Does it make money well?

No warning flags · GP/assets 0.38

Gross profitability (GP / assets)

0.38

Primary signal (Novy-Marx).

3rd of 6 SIC 39 peers

Return on equity

14.3%

Gross margin

27.3%

5th of 6 SIC 39 peers

Revenue growth (YoY)

10.9%

RPO growth (YoY)

4.0%

Remaining performance obligations growth — RPO > revenue = forward demand building.

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2023202420252026
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

3.6%

Revenue CAGR (5Y)

11.7%

Earnings CAGR (3Y)

88.2%

FCF CAGR (3Y)

—

Cash Flow Health

Is the cash real?

No warning flags · FCF 24% below net income

Free cash flow

$34.30M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

-24.4%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

WARN

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.6%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

Caution: Dilution above 2% · net cash $144.08M, F-Score 8/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.91

5th of 5 SIC 39 peers (best = lowest)

Current ratio

2.17×

5th of 6 SIC 39 peers

Quick ratio

1.34×

Net cash

$144.08M

Cash & equivalents minus total debt.

Piotroski F-Score

8 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

2.3 / 5

Fair
Share count trend
3.8%1/5 Weak
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory(deleveraging)
1.0%3/5 Good

Lifecycle Phase History

20212026
Value
Hypergrowth
Decline
Op. Leverage

Price History

DAKT+216.0% · +25.8% CAGRSPY+82.9% · +12.8% CAGR

View full financial statements →

Source filings on SEC EDGAR: 10-K annual reports · 10-Q quarterly reports