Daktronics Intrinsic Value Calculation – NC State Upgrades Video Experience with 2023 Daktronics Installation.

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NC State University has recently announced the installation of a revolutionary video experience from Daktronics ($NASDAQ:DAKT) that is expected to be completed by 2023. This upgrade will give NC State fans the best possible viewing experience. With the latest LED video and scoring technology, the Wolfpack will be able to create an atmosphere that is unrivaled in college sports. The new system will feature high-definition displays with a wide range of functionality. From displaying real-time scores to providing instant replays and featuring interactive content, the upgraded system will bring a whole new level of excitement to NC State games.

The system will also have the capabilities of displaying multimedia content, adding a unique visual element to the game day experience. Daktronics is the global leader in designing and manufacturing electronic scoreboards, displays and control systems for sporting venues. They are committed to ensuring that NC State has the most innovative technology to provide their fans with the best in game-day experiences. With this installation, NC State will be setting the standard for college sports for years to come.

Price History

On Thursday, NC State announced that they have partnered with Daktronics to upgrade the video experience in their venues. This Daktronics installation will be implemented in time for the 2023 season and will feature a variety of LED displays, displays and control systems to create an immersive game day experience for fans. The announcement came as Daktronics’ stock opened at $5.3 and closed at $5.1, down by 2.8% from last closing price of 5.3. This marks the latest in a series of upgrades for NC State, who have been one of the early adopters of digital stadium technology for their sporting venues.

With the new Daktronics installation, NC State will be able to provide a dynamic, engaging atmosphere for fans that amplifies every moment of the game. From digital signage to interactive displays, fans will be able to enjoy an innovative game day experience that is in step with the latest trends in sports technology. NC State is just the latest in a long line of universities and teams to take advantage of Daktronics’ cutting-edge technology and expertise, further reinforcing their position as the leader in digital sports entertainment solutions. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Daktronics. More…

Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Daktronics. More…

Key Ratios Snapshot

Some of the financial key ratios for Daktronics are shown below. More…

Analysis – Daktronics Intrinsic Value Calculation

At GoodWhale, we have conducted an analysis of DAKTRONICS‘s financials and have determined that the fair value of DAKTRONICS share is around $5.8. This was calculated with our proprietary Valuation Line. Currently, DAKTRONICS stock is trading at $5.1, making it a fair price that is undervalued by 11.3%. Therefore, it is a great opportunity for investors to look into buying the stock right now. More…

Peers

In the world of electronic displays and control systems, there is intense competition between a handful of major companies. Daktronics Inc, a South Dakota-based company, is one of the leaders in the industry, with a comprehensive product line and a global reach. Its main competitors are Eastech Holding Ltd, ONO Sokki Co Ltd, and Zhejiang RuiYuan Intelligent Control Technology Co Ltd, all based in China. These companies are all vying for a share of the market, and each has its own strengths and weaknesses.

– Eastech Holding Ltd ($TWSE:5225)

Eastech Holding Ltd is a Singapore-based investment holding company. The Company, through its subsidiaries, is engaged in the design, manufacture and sale of plastic products and the provision of engineering services. The Company’s segments include Plastics, which is engaged in the design, manufacture and sale of plastic products; and Engineering, which is engaged in the provision of engineering services. The Company’s products include air coolers, air conditioners, plastic parts and components. The Company operates in Singapore, Malaysia, Thailand, the People’s Republic of China and the United States.

– ONO Sokki Co Ltd ($TSE:6858)

Nihon Sokki Co Ltd is a Japanese company that manufactures and sells scientific and industrial instruments. The company has a market cap of 3.98B as of 2022 and a return on equity of -1.71%. The company’s products include sensors, transducers, and measuring instruments. Nihon Sokki is a publicly traded company on the Tokyo Stock Exchange.

– Zhejiang RuiYuan Intelligent Control Technology Co Ltd ($SEHK:08249)

Zhejiang RuiYuan Intelligent Control Technology Co Ltd has a market cap of 42.5M as of 2022, a Return on Equity of -2.85%. The company provides intelligent control and automation solutions for a variety of industries, including the automotive, aerospace, and medical sectors. Its products are used in a variety of applications, such as engine management, vehicle stability control, and adaptive cruise control. The company has a strong research and development team that is constantly innovating new products and solutions to meet the ever-changing needs of its customers.

Summary

DAKTRONICS is a leading provider of digital signage and video display systems, and investing in their products and services could be greatly beneficial. Their products are designed to improve the customer experience, increase brand recognition, and engage audiences with dynamic content. DAKTRONICS systems come with features like high-resolution displays, remote management, and content scheduling capabilities.

The company has seen a growing demand for their products and services among educational institutions, as evidenced by a recent installation at North Carolina State University. Investing in DAKTRONICS could lead to great returns, both in terms of financial gains and improved customer and audience experiences.