Bio-key International Stock Fair Value – Portugal Police Adoption of BIO-key International Authentication Technology Boosts Stock 8%

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BIO-KEY ($NASDAQ:BKYI): Portugal police recently announced their adoption of BIO-key International‘s authentication technology, sending the company’s stock soaring by 8%. BIO-key International is a biometric technology company that specializes in fingerprint biometrics, facial recognition, and secure mobile authentication solutions. Their innovative products are used around the world for government, military, and commercial applications. The recent announcement of the Portugal police adopting BIO-key International’s authentication technology has boosted investor confidence in the company and seen its stock rise 8%.

With biometric-based identification becoming increasingly popular for law enforcement agencies, it is no surprise that the news has been met with such enthusiasm. This is great news for BIO-key International as well as investors, and the stock is expected to continue to rise.

Analysis – Bio-key International Stock Fair Value

At GoodWhale, we recently conducted an analysis of BIO-KEY INTERNATIONAL‘s wellbeing and our proprietary Valuation Line revealed that the intrinsic value of BIO-KEY INTERNATIONAL shares is around $26.4. Currently, BIO-KEY INTERNATIONAL shares are being traded at $2.8, which is undervalued by 89.4%. This discrepancy points to a great opportunity for investors looking to capitalize on a promising stock. We believe that this stock is an attractive buy for those interested in investing in a company with tremendous potential for growth. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Bio-key International. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Bio-key International. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Bio-key International. More…

Key Ratios Snapshot

Some of the financial key ratios for Bio-key International are shown below. More…

Peers

They are a prominent player in the biometric authentication and cybersecurity space, competing against other companies such as C-Link Squared Ltd, Liberty Defense Holdings Ltd, and First Responder Technologies Inc. All of these companies are focused on developing solutions that improve security and safety in the digital world.

– C-Link Squared Ltd ($SEHK:01463)

C-Link Squared Ltd is a technology company that specializes in the development and implementation of secure communications, networking and analytics solutions. It operates in a wide range of industries, including government, healthcare, law enforcement, finance, and more. The company has a market cap of 4.2 billion as of 2023 and a Return on Equity (ROE) of 2.3%. This indicates that its profitability is strong and that it is well positioned to continue to grow and expand its operations. Through its strong performance, C-Link Squared Ltd has been able to generate consistent returns to its shareholders.

– Liberty Defense Holdings Ltd ($TSXV:SCAN)

Liberty Defense Holdings Ltd is an advanced security technology company that specializes in the development of integrated, multi-layered 3D radar and artificial intelligence solutions for public safety and security. The company’s products use radar imaging and advanced algorithms to detect hidden weapons, explosives, and other threats in both indoor and outdoor settings. Liberty Defense Holdings Ltd has a market cap of 19.7M as of 2023. Its Return on Equity (ROE) is -233.9%, indicating that the company’s profits are not keeping up with its investments. This suggests that Liberty Defense Holdings Ltd may be struggling to generate adequate returns on its investments and that further investments may be necessary in order to improve its financial health.

– First Responder Technologies Inc ($OTCPK:WPNNF)

First Responder Technologies Inc is a company that provides software-as-a-service solutions to first responders and public safety agencies. The company’s market cap of 3.19M as of 2023 reflects its current size and financial stability. With a Return on Equity of 17.14%, First Responder Technologies Inc is an attractive investment for investors seeking long-term returns with a relatively low level of risk. The company’s products are designed to help first responders and public safety agencies increase efficiency, reduce costs, and improve their overall response time. In addition, First Responder Technologies Inc is committed to providing innovative services and solutions that can help first responders save lives and protect their communities.

Summary

Bio-Key International, Inc. is a provider of biometric identity and access management solutions. The company’s technology utilizes fingerprint, voice, facial recognition, and other biometric authentication methods for secure access control and identity management. Recently, the company announced that the Portuguese police will be adopting its authentication technology, resulting in an 8% jump in the stock price.

However, the stock price quickly moved down the same day, likely due to investors exercising caution as the adoption of this technology is still in its infancy. Analysts are mixed on Bio-Key International, Inc., with some recommending it as a good long-term investment and others being more bearish and suggesting that there is still too much uncertainty surrounding the company to make investing worth the risk.