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TESSCO Technologies Incorporated (TESS)
Key financial summary
Financials in USD| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 580 | 607 | 540 | 373 | 418 | 452 | 452 |
| Operating profit | $m | -2 | -3 | |||||
| Net profit | $m | 5 | 6 | -22 | -15 | -3 | -4 | -5 |
| EPS reported | $ | -0.47 | -0.50 | |||||
| Operating cashflow per share | $ | -1.31 | -1.31 | |||||
| Capex per share | $ | 1.71 | 1.71 | |||||
| FCF per share | $ | -3.02 | -3.02 | |||||
| Free cash flow | $m | -28 | -28 | |||||
| Net debt | $m | 78 | 70 | |||||
| Book value equity | $m | 73 | 73 | |||||
| Book value per share | $ | 7.98 | 7.92 | |||||
| Number of shares | m | 9.16 | 9.23 | |||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 0.57 | 1.14 | |||||
| P/S LTM | x | 0.09 | 0.18 | |||||
| P/FCF LTM | x | -1.51 | -3.01 | |||||
| EV/EBITDA LTM | x | -56.42 | -122.60 | |||||
| EV/Sales LTM | x | 0.26 | 0.34 | |||||
| Earnings Yield LTM | % | -10.43% | -5.28% | |||||
| FCF Yield | % | -66.38% | -33.22% | |||||
| Quality | ||||||||
| ROE | % | -5.95% | -5.83% | |||||
| ROIC | % | -1.39% | -1.39% | |||||
| Operating margin | % | -0.47% | -0.47% | |||||
| Gross margin | % | 20.15% | 20.15% | |||||
| FCF/Sales | % | -6.12% | -6.12% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | +8.27% | +8.27% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | -0.35 | -0.35 | |||||
| Net Debt/EBITDA | x | -36.70 | -36.70 | |||||
| EBIT/Net interest | x | -0.95 | -0.95 | |||||
| Net debt/market cap | % | 186.10% | 83.48% | |||||
| Net debt/Equity | x | 1.06 | 0.95 | |||||
| Gross debt/equity | x | 1.07 | 1.07 | |||||
Company overview
TESSCO Technologies Incorporated, founded in 1982 and based in Hunt Valley, Maryland, is a key player in the wireless infrastructure sector. The company manufactures and distributes a broad array of technology products and solutions for both domestic and international markets, operating primarily through its Carrier and Commercial business segments. Its extensive product range covers everything needed to build, maintain, and upgrade wireless broadband systems. This includes foundational base station infrastructure components like antennas, transmission lines, small towers, lightning protection, connectors, power systems, enclosures, grounding products, and mobile antennas. TESSCO also provides advanced network systems, offering fixed and mobile broadband radio equipment, wireless networking filters, distributed antenna systems, two-way radios, and security and surveillance technology. Furthermore, the company equips professionals with essential installation, testing, and maintenance tools. This includes specialized analysis equipment, various frequency, voltage, and power-measuring devices, along with general tools, hardware, GPS systems, safety gear, and replacement parts crucial for tuning and servicing wireless communications equipment. Under its Ventev brand, TESSCO sells these products to a wide and varied customer base. This includes major carrier and public network operators, tower owners, program managers, contractors and integrators, private system operators, all levels of government (federal, state, and local), manufacturers, national solutions providers, and value-added resellers.
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TESSCO Technologies Incorporated (TESS)
TESSCO Technologies Incorporated, founded in 1982 and based in Hunt Valley, Maryland, is a key player in the wireless infrastructure sector. The company manufactures and distributes a broad array of technology products and solutions for both domestic and international markets, operating primarily through its Carrier and Commercial business segments. Its extensive product range covers everything needed to build, maintain, and upgrade wireless broadband systems. This includes foundational base station infrastructure components like antennas, transmission lines, small towers, lightning protection, connectors, power systems, enclosures, grounding products, and mobile antennas. TESSCO also provides advanced network systems, offering fixed and mobile broadband radio equipment, wireless networking filters, distributed antenna systems, two-way radios, and security and surveillance technology. Furthermore, the company equips professionals with essential installation, testing, and maintenance tools. This includes specialized analysis equipment, various frequency, voltage, and power-measuring devices, along with general tools, hardware, GPS systems, safety gear, and replacement parts crucial for tuning and servicing wireless communications equipment. Under its Ventev brand, TESSCO sells these products to a wide and varied customer base. This includes major carrier and public network operators, tower owners, program managers, contractors and integrators, private system operators, all levels of government (federal, state, and local), manufacturers, national solutions providers, and value-added resellers.
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