Daktronics, Inc. (DAKT) Financial Ratios
30 years of historical data (1996–2025) · Technology · Hardware, Equipment & Parts
EV/EBITDA
↑
16.42
↑+167% vs avg
5yr avg: 6.16
30Y Low4.0·High23.1
P/FCF
↑
12.47
↑+70% vs avg
5yr avg: 7.34
30Y Low4.8·High96.6
P/B Ratio
↑
3.50
↑+137% vs avg
5yr avg: 1.48
30Y Low0.7·High6.3
ROE
↓
-4.0%
↑-192% vs avg
5yr avg: 4.3%
30Y Low-4%·High23%
Debt/EBITDA
↑
0.32
+13% vs avg
5yr avg: 0.28
30Y Low0.0·High5.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
DAKT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Daktronics, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 12.5x P/FCF, 70% above the 5-year average of 7.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $975M | $604M | $440M | $219M | $152M | $279M | $205M | $341M | $404M | $419M | $387M |
| Enterprise Value | $865M | $493M | $415M | $213M | $137M | $203M | $167M | $321M | $376M | $388M | $359M |
| P/E Ratio → | -95.29 | — | 12.77 | 32.07 | 255.73 | 25.71 | 418.52 | — | 75.08 | 41.13 | 174.00 |
| P/S Ratio | 1.29 | 0.80 | 0.54 | 0.29 | 0.25 | 0.58 | 0.34 | 0.60 | 0.66 | 0.71 | 0.68 |
| P/B Ratio | 3.50 | 2.22 | 1.84 | 1.09 | 0.79 | 1.44 | 1.16 | 1.81 | 2.05 | 2.11 | 1.92 |
| P/FCF | 12.47 | 7.72 | 9.51 | — | — | 4.78 | — | 27.74 | 33.05 | 13.57 | — |
| P/OCF | 9.98 | 6.18 | 6.95 | 14.57 | — | 4.21 | 18.95 | 11.53 | 13.32 | 10.59 | 29.14 |
P/E links to full P/E history page with 30-year chart
DAKT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Daktronics, Inc.'s enterprise value stands at 16.4x EBITDA, 167% above its 5-year average of 6.2x. The Technology sector median is 17.5x, placing the stock at a 6% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.65 | 0.51 | 0.28 | 0.22 | 0.42 | 0.27 | 0.56 | 0.62 | 0.66 | 0.63 |
| EV / EBITDA | 16.42 | 9.36 | 3.96 | 4.48 | 7.05 | 5.94 | 9.36 | 23.07 | 12.50 | 11.41 | 18.55 |
| EV / EBIT | 26.11 | — | 4.77 | 8.19 | 123.65 | 11.88 | — | — | 29.71 | 25.15 | 107.04 |
| EV / FCF | — | 6.31 | 8.97 | — | — | 3.48 | — | 26.18 | 30.71 | 12.56 | — |
DAKT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Daktronics, Inc. earns an operating margin of 4.4%. A negative ROE of -4.0% indicates the company is currently destroying shareholder equity. ROIC of 13.2% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.8% | 25.8% | 27.2% | 20.1% | 19.1% | 25.0% | 22.8% | 22.9% | 23.9% | 23.9% | 21.2% |
| Operating Margin | 4.4% | 4.4% | 10.6% | 4.0% | 0.7% | 3.5% | 0.0% | -0.8% | 2.0% | 2.6% | 0.4% |
| Net Profit Margin | -1.3% | -1.3% | 4.2% | 0.9% | 0.1% | 2.3% | 0.1% | -0.2% | 0.9% | 1.8% | 0.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -4.0% | -4.0% | 15.7% | 3.5% | 0.3% | 5.9% | 0.3% | -0.5% | 2.8% | 5.2% | 1.0% |
| ROA | -2.0% | -2.0% | 7.0% | 1.5% | 0.1% | 2.9% | 0.1% | -0.3% | 1.6% | 2.9% | 0.6% |
| ROIC | 13.2% | 13.2% | 32.0% | 12.3% | 2.1% | 10.0% | 0.0% | -2.1% | 5.6% | 6.8% | 1.1% |
| ROCE | 9.9% | 9.9% | 29.4% | 12.6% | 1.8% | 7.5% | 0.0% | -2.2% | 5.5% | 6.8% | 1.1% |
DAKT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Daktronics, Inc. carries a Debt/EBITDA ratio of 0.3x, which is very conservative (89% below the sector average of 2.9x). The company holds a net cash position — cash of $128M exceeds total debt of $17M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 7.4x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.06 | 0.06 | 0.24 | 0.09 | 0.01 | 0.01 | 0.01 | 0.09 | 0.01 | 0.01 | 0.00 |
| Debt / EBITDA | 0.32 | 0.32 | 0.54 | 0.37 | 0.12 | 0.06 | 0.14 | 1.17 | 0.04 | 0.04 | 0.03 |
| Net Debt / Equity | — | -0.41 | -0.10 | -0.03 | -0.08 | -0.39 | -0.21 | -0.10 | -0.14 | -0.16 | -0.14 |
| Net Debt / EBITDA | -2.10 | -2.10 | -0.24 | -0.13 | -0.76 | -2.21 | -2.13 | -1.37 | -0.95 | -0.92 | -1.43 |
| Debt / FCF | — | -1.42 | -0.53 | — | — | -1.30 | — | -1.55 | -2.34 | -1.01 | — |
| Interest Coverage | 7.38 | 7.38 | 17.61 | 27.10 | — | 57.99 | 0.92 | -29.90 | 57.42 | 67.05 | 10.94 |
Net cash position: cash ($128M) exceeds total debt ($17M)
DAKT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Daktronics, Inc.'s current ratio of 2.22x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.60x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.63x to 2.22x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.22 | 2.22 | 2.09 | 1.63 | 1.49 | 1.81 | 1.73 | 1.89 | 2.01 | 1.97 | 2.02 |
| Quick Ratio | 1.60 | 1.60 | 1.37 | 0.92 | 0.86 | 1.30 | 1.13 | 1.30 | 1.44 | 1.46 | 1.44 |
| Cash Ratio | 0.74 | 0.74 | 0.42 | 0.12 | 0.10 | 0.53 | 0.29 | 0.46 | 0.49 | 0.50 | 0.44 |
| Asset Turnover | — | 1.50 | 1.55 | 1.61 | 1.39 | 1.28 | 1.63 | 1.63 | 1.70 | 1.65 | 1.62 |
| Inventory Turnover | 5.30 | 5.30 | 4.32 | 4.03 | 3.68 | 4.86 | 5.42 | 5.57 | 6.17 | 6.71 | 6.43 |
| Days Sales Outstanding | — | 67.35 | 77.51 | 76.62 | 87.33 | 77.84 | 67.20 | 65.72 | 69.05 | 73.51 | 74.09 |
DAKT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Daktronics, Inc. returns 3.0% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | 4.4% | 3.7% | 3.1% | 3.3% | 4.5% |
| Payout Ratio | — | — | — | — | — | — | 1831.8% | — | 223.4% | 132.0% | 851.8% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 7.8% | 3.1% | 0.4% | 3.9% | 0.2% | — | 1.3% | 2.4% | 0.6% |
| FCF Yield | 8.0% | 13.0% | 10.5% | — | — | 20.9% | — | 3.6% | 3.0% | 7.4% | — |
| Buyback Yield | 3.0% | 4.9% | 0.1% | 0.1% | 2.1% | 0.0% | 2.8% | 0.1% | 0.1% | 0.4% | 0.1% |
| Total Shareholder Yield | 3.0% | 4.9% | 0.1% | 0.1% | 2.1% | 0.0% | 7.1% | 3.8% | 3.1% | 3.7% | 4.6% |
| Shares Outstanding | — | $48M | $47M | $46M | $45M | $45M | $45M | $45M | $45M | $44M | $44M |
Peer Comparison
Compare DAKT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 DAKTYou | $975M | -95.3 | 16.4 | 12.5 | 25.8% | 4.4% | -4.0% | 13.2% | 0.3 |
 LYTS | $760M | 30.9 | 17.0 | 21.9 | 24.7% | 6.2% | 11.2% | 9.5% | 1.4 |
 OLED | $4B | 18.3 | 14.4 | 28.3 | 73.4% | 38.5% | 14.3% | 11.7% | 0.1 |
 VUZI | $232M | -6.8 | — | — | — | -517.6% | -261.1% | -1070.8% | — |
 DGII | $2B | 57.4 | 27.6 | 22.1 | 62.9% | 13.1% | 6.7% | 5.7% | 2.0 |
 PLXS | $7B | 41.6 | 24.5 | 45.4 | 10.1% | 5.0% | 12.4% | 11.8% | 0.6 |
 OESX | $33M | -2.6 | — | 66.5 | 25.4% | -13.3% | -68.6% | -34.8% | — |
 LESL | $13M | -0.1 | 20.3 | — | 35.4% | 1.1% | — | 1.6% | 21.3 |
 SONO | $2B | -29.2 | 142.1 | 16.6 | 43.7% | -3.5% | -15.6% | -13.4% | 5.0 |
 MVIS | $189M | -1.8 | — | — | -1435.4% | -5743.8% | -182.1% | -98.3% | — |
 ON | $39B | 346.8 | 28.4 | 27.8 | 32.3% | 12.5% | 1.5% | 6.1% | 2.4 |
| Technology Median | — | 27.7 | 17.5 | 19.2 | 48.5% | -0.6% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonDAKT — Frequently Asked Questions
Quick answers to the most common questions about buying DAKT stock.
What is Daktronics, Inc.'s P/E ratio?
Daktronics, Inc.'s current P/E ratio is -95.3x. The historical average is 33.1x.
What is Daktronics, Inc.'s EV/EBITDA?
Daktronics, Inc.'s current EV/EBITDA is 16.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.2x.
What is Daktronics, Inc.'s ROE?
Daktronics, Inc.'s return on equity (ROE) is -4.0%. The historical average is 9.5%.
Is DAKT stock overvalued?
Based on historical data, Daktronics, Inc. is trading at a P/E of -95.3x. Compare with industry peers and growth rates for a complete picture.
What are Daktronics, Inc.'s profit margins?
Daktronics, Inc. has 25.8% gross margin and 4.4% operating margin.
How much debt does Daktronics, Inc. have?
Daktronics, Inc.'s Debt/EBITDA ratio is 0.3x, indicating low leverage. A ratio below 2x is generally considered financially healthy.