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PCTEL, Inc. (PCTI)
Key financial summary
Financials in USD| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 91 | 83 | 91 | 77 | 88 | 99 | 87 |
| Operating profit | $m | 5 | 4 | |||||
| Net profit | $m | 4 | -13 | 4 | 3 | 0 | 3 | 4 |
| EPS reported | $ | 0.15 | 0.16 | |||||
| Operating cashflow per share | $ | 0.23 | 0.23 | |||||
| Capex per share | $ | 0.04 | 0.04 | |||||
| FCF per share | $ | 0.18 | 0.18 | |||||
| Free cash flow | $m | 3 | 10 | |||||
| Net debt | $m | -26 | -33 | |||||
| Book value equity | $m | 69 | 67 | |||||
| Book value per share | $ | 3.72 | 3.59 | |||||
| Number of shares | m | 18.53 | 18.82 | |||||
| DPS (TTM paid) | $ | 0.22 | 0.17 |
Financial summary
Financials in USD| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 28.67 | - | |||||
| P/B LTM | x | 1.13 | 2.00 | |||||
| P/S LTM | x | 0.78 | 1.56 | |||||
| P/FCF LTM | x | 23.37 | 14.11 | |||||
| EV/EBITDA LTM | x | 8.72 | 16.20 | |||||
| EV/Sales LTM | x | 0.75 | 1.17 | |||||
| Earnings Yield LTM | % | 3.49% | 2.26% | |||||
| FCF Yield | % | 4.28% | 7.09% | |||||
| Quality | ||||||||
| ROE | % | 4.16% | 4.22% | |||||
| ROIC | % | 6.40% | 6.40% | |||||
| Operating margin | % | 4.71% | 4.71% | |||||
| Gross margin | % | 46.00% | 46.00% | |||||
| FCF/Sales | % | 3.36% | 3.36% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | +152.37% | |||||
| Sales Growth YoY | % | +13.23% | -12.72% | |||||
| Net Income Growth YoY | % | - | +274.28% | |||||
| FCF Growth | % | -0.12% | - | |||||
| Operating Profit Growth | % | +118.17% | +30.68% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 5.22% | 2.36% | |||||
| Dividend Growth | % | 0.00% | - | |||||
| Payout Ratio | % | 142.04% | 137.73% | |||||
| FCF/Debt | x | 0.84 | 2.64 | |||||
| Net Debt/EBITDA | x | -0.44 | -0.44 | |||||
| EBIT/Net interest | x | 18.22 | 18.22 | |||||
| Net debt/market cap | % | -33.33% | -24.63% | |||||
| Net debt/Equity | x | -0.38 | -0.49 | |||||
| Gross debt/equity | x | 0.06 | 0.05 | |||||
Company overview
PCTEL, Inc., along with its affiliated companies, delivers a range of solutions worldwide, including industrial Internet of Things (IoT) devices, advanced antenna systems, and specialized test and measurement tools. The company is involved in the design and production of high-precision antennas and industrial IoT devices. These products are critical components in various deployments, such as small cell networks, enterprise Wi-Fi installations, fleet management and public transit systems, and integrated into equipment for the broader industrial IoT sector. PCTEL's diverse antenna portfolio encompasses solutions for technologies like Wi-Fi, Bluetooth, land mobile radio (LMR), TETRA, Global Navigation Satellite Systems (GNSS), cellular, industrial, scientific, and medical (ISM) bands, as well as long-range and multi-technology (combination) designs. These antennas are utilized across a wide array of applications, including public safety and military communications, utilities and energy management, precision agriculture, intelligent traffic control, electric vehicle charging infrastructure, embedded vehicle systems, forestry machinery, and off-road vehicles. Furthermore, the company provides custom engineering design services. Its industrial IoT offerings feature a variety of devices such as access points, radio modules, sensor communication modules, and wireless communication sensors. These are tailored for use in markets including utilities and smart grid operations, oil and gas, manufacturing, logistics, industrial automation, smart metering, and asset tracking. PCTEL also supplies radio frequency (RF) test and measurement products, which are designed to optimize the performance of wireless networks. A particular emphasis is placed on LTE, public safety, and 5G technologies, serving applications such as cellular network testing, public safety and private radio network evaluations, federal government communications verification, and indoor building network assessments. Additionally, the firm provides a cloud-based reporting platform specifically for public safety. This platform streamlines the data collection process and enables users to access final reports via an intuitive online map-based interface. Its products are distributed to a diverse client base, including wireless equipment distributors, public and private telecommunication carriers, wireless infrastructure providers, value-added resellers (VARs), and original equipment manufacturers (OEMs). PCTEL, Inc. was established in 1994 and maintains its corporate headquarters in Bloomingdale, Illinois.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
PCTEL, Inc. (PCTI)
PCTEL, Inc., along with its affiliated companies, delivers a range of solutions worldwide, including industrial Internet of Things (IoT) devices, advanced antenna systems, and specialized test and measurement tools. The company is involved in the design and production of high-precision antennas and industrial IoT devices. These products are critical components in various deployments, such as small cell networks, enterprise Wi-Fi installations, fleet management and public transit systems, and integrated into equipment for the broader industrial IoT sector. PCTEL's diverse antenna portfolio encompasses solutions for technologies like Wi-Fi, Bluetooth, land mobile radio (LMR), TETRA, Global Navigation Satellite Systems (GNSS), cellular, industrial, scientific, and medical (ISM) bands, as well as long-range and multi-technology (combination) designs. These antennas are utilized across a wide array of applications, including public safety and military communications, utilities and energy management, precision agriculture, intelligent traffic control, electric vehicle charging infrastructure, embedded vehicle systems, forestry machinery, and off-road vehicles. Furthermore, the company provides custom engineering design services. Its industrial IoT offerings feature a variety of devices such as access points, radio modules, sensor communication modules, and wireless communication sensors. These are tailored for use in markets including utilities and smart grid operations, oil and gas, manufacturing, logistics, industrial automation, smart metering, and asset tracking. PCTEL also supplies radio frequency (RF) test and measurement products, which are designed to optimize the performance of wireless networks. A particular emphasis is placed on LTE, public safety, and 5G technologies, serving applications such as cellular network testing, public safety and private radio network evaluations, federal government communications verification, and indoor building network assessments. Additionally, the firm provides a cloud-based reporting platform specifically for public safety. This platform streamlines the data collection process and enables users to access final reports via an intuitive online map-based interface. Its products are distributed to a diverse client base, including wireless equipment distributors, public and private telecommunication carriers, wireless infrastructure providers, value-added resellers (VARs), and original equipment manufacturers (OEMs). PCTEL, Inc. was established in 1994 and maintains its corporate headquarters in Bloomingdale, Illinois.
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