Daktronics, Inc. — Earnings Quality Grade A
DAKT · Technology
Strong financial health
Screening Summary
Management Signals
Source: SEC EDGAR 8-K Item 5.02, with exhibit links when available
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 45 days, change -8 days YoY
AR growth -20.8% vs revenue growth -7.5%
Revenue -7.5%, CFFO 54.5%. Cash follows revenue
Expense Quality
Inventory -23.3% vs COGS -5.8%. Normal
CapEx growth 14.8% vs revenue -7.5%. Normal
SG&A/Gross Profit = 63.2%. Normal
Gross margin 25.8%, change -1.3pp. Stable
Cash Flow Quality
CFFO/NI = -9.65. Below 1.0
FCF $0.1B, FCF/NI = -7.73
Accruals ratio = -21.4%. Low accruals
Cash $0.1B covers debt $0.0B
Balance Sheet Health
Goodwill+Intangibles $0.0B = 1% of equity. Manageable
Debt/EBITDA = 0.8x. Healthy
Other assets -55.7% vs revenue -7.5%. Normal
Write-offs normal
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -8% YoY. Normal
Manipulation Score
M-Score = -3.67 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25
