A

Daktronics, Inc. — Earnings Quality Grade A

DAKT · Technology

Strong financial health

Revenue
$756M
2025
Net Income
-$10M
2025
Gross Margin
25.8%
Free Cash Flow
$78M
01

Screening Summary

17
Passed
1
Watch
0
Failed
-3.67
M-Score

管理层信号

查看全部 →
Routine2026-02-20
Bradley T. Wiemann · Director临时任命
SEC
High Risk2026-02-20
Bradley T. Wiemann · Interim President临时任命
5 senior leadership changes within 90 days
SEC
High Risk2026-02-20
Bradley T. Wiemann · Executive Vice President临时任命
5 senior leadership changes within 90 days
SEC
Routine2026-02-20
Bradley T. Wiemann · Legal任命
Standard appointment
SEC
Routine2026-02-02
Ramesh Jayaraman · Director任命
Standard appointment
SEC

数据来源:SEC EDGAR 8-K Item 5.02,附 Exhibit 99.1 链接

02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

DSO 45 days, change -8 days YoY

A2AR vs Revenue Growth

AR growth -20.8% vs revenue growth -7.5%

A3Revenue vs CFFO

Revenue -7.5%, CFFO 54.5%. Cash follows revenue

02

Expense Quality

B1Inventory vs COGS

Inventory -23.3% vs COGS -5.8%. Normal

B2CapEx vs Revenue

CapEx growth 14.8% vs revenue -7.5%. Normal

B3SG&A Ratio

SG&A/Gross Profit = 63.2%. Normal

B4Gross Margin

Gross margin 25.8%, change -1.3pp. Stable

03

Cash Flow Quality

!
C1CFFO vs Net Income

CFFO/NI = -9.65. Below 1.0

C2Free Cash Flow

FCF $0.1B, FCF/NI = -7.73

C3Accruals Ratio

Accruals ratio = -21.4%. Low accruals

C4Cash vs Debt

Cash $0.1B covers debt $0.0B

04

Balance Sheet Health

D1Goodwill + Intangibles

Goodwill+Intangibles $0.0B = 1% of equity. Manageable

D2Leverage

Debt/EBITDA = 0.8x. Healthy

D3Soft Asset Growth

Other assets -55.7% vs revenue -7.5%. Normal

D4Asset Impairment

Write-offs normal

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions positive

E2Goodwill Surge

Goodwill+Intangibles change -8% YoY. Normal

06

Manipulation Score

F1Beneish M-Score

M-Score = -3.67 (< -2.22). Unlikely manipulator

04

Beneish M-Score

Manipulation Probability-3.67
-4.0 Clean-2.22 Grey-1.78 Danger0
0.856
DSRI
AR growing faster than revenue?
1.052
GMI
Gross margin declining?
0.921
AQI
Asset quality deteriorating?
0.925
SGI
Revenue growth rate
1.013
DEPI
Depreciation slowing?
1.341
SGAI
SG&A ratio changing?
-0.2144
TATA
Accruals level
0.78
LVGI
Leverage increasing?
05

Altman Z-Score

4.76
Safe Zone
0 Distress1.102.605.0+ Safe
0.4165
Liquidity
0.2543
Cumulative profit
-0.0059
Operating efficiency
1.1774
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25