Grufity logoGrufity logo
StocksFundsScreenerSectorsWatchlists
TAIT

TAIT - Taitron Components Inc Stock Price, Fair Value and News

3.13USD0.00 (0.00%)Market Closed

Market Summary

TAIT
USD3.130.00
Market Closed
0.00%

TAIT Stock Price

View Fullscreen

TAIT RSI Chart

TAIT Valuation

Market Cap

18.9M

Price/Earnings (Trailing)

10.22

Price/Sales (Trailing)

3.09

EV/EBITDA

4.9

Price/Free Cashflow

6.43

TAIT Price/Sales (Trailing)

TAIT Profitability

EBT Margin

36.95%

Return on Equity

10.95%

Return on Assets

10.25%

Free Cashflow Yield

15.56%

TAIT Fundamentals

TAIT Revenue

Revenue (TTM)

6.1M

Rev. Growth (Yr)

-45.59%

Rev. Growth (Qtr)

-38%

TAIT Earnings

Earnings (TTM)

1.8M

Earnings Growth (Yr)

104.35%

Earnings Growth (Qtr)

-65.69%

Breaking Down TAIT Revenue

Last 7 days

-1.6%

Last 30 days

-1.3%

Last 90 days

-1.9%

Trailing 12 Months

-11.8%

How does TAIT drawdown profile look like?

TAIT Financial Health

Current Ratio

11.01

TAIT Investor Care

Dividend Yield

6.39%

Dividend/Share (TTM)

0.2

Shares Dilution (1Y)

0.19%

Diluted EPS (TTM)

0.31

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20239.0M7.7M6.9M6.1M
20228.2M9.1M8.9M8.4M
20217.2M7.8M8.3M8.6M
20206.9M6.4M6.7M6.7M
20198.0M7.6M7.3M6.8M
20187.0M7.4M7.6M8.2M
20177.4M7.3M7.3M7.5M
20166.1M6.5M6.4M6.9M
20155.8M5.7M5.8M5.7M
20145.9M5.9M5.9M5.8M
20137.1M7.4M7.0M6.3M
20126.9M6.4M6.7M7.2M
20117.1M7.0M6.9M6.8M
20100007.2M
Get all data in R, Python etc through our Historical Stock Data APIs
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Taitron Components Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 16, 2024
wang stewart
gifted
-
-
-33,000
ceo
Dec 27, 2023
wang stewart
gifted
-
-
-2,000
ceo
Dec 26, 2023
wang stewart
gifted
-
-
-18,000
ceo
Dec 20, 2023
wang stewart
gifted
-
-
-9,000
ceo
Oct 09, 2023
ku tzu sheng
acquired
4,050
2.43
1,667
-
Aug 10, 2023
ku tzu sheng
acquired
49,549
2.12357
23,333
-
Dec 27, 2022
wang stewart
gifted
34,500
3.45
10,000
ceo
May 10, 2022
wang stewart
acquired
160,200
1.78
90,000
ceo
May 09, 2022
vanderhorst david
acquired
48,600
1.62
30,000
cfo
Apr 25, 2022
wang stewart
gifted
-
-
-16,000
ceo

1–10 of 50

Which funds bought or sold TAIT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
added
1.98
10,092
519,644
 -%
Feb 14, 2024
STATE STREET CORP
unchanged
-
-1,769
102,885
 -%
Feb 14, 2024
BANK OF AMERICA CORP /DE/
new
-
7.00
7.00
 -%
Feb 14, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
new
-
35,811
35,811
 -%
Feb 14, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
unchanged
-
-4,692
272,918
 0.01%
Feb 13, 2024
Tower Research Capital LLC (TRC)
added
25.92
2,224
10,805
 -%
Feb 13, 2024
ACADIAN ASSET MANAGEMENT LLC
unchanged
-
-1,000
70,000
 -%
Feb 13, 2024
MORGAN STANLEY
new
-
5.00
5.00
 -%
Feb 13, 2024
FMR LLC
new
-
21.00
21.00
 -%

1–10 of 19

Are Funds Buying or Selling TAIT?

Are funds buying TAIT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TAIT
No. of Funds

Unveiling Taitron Components Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
renaissance technologies llc
5.65%
297,204
SC 13G/A
Feb 13, 2023
renaissance technologies llc
6.15%
321,809
SC 13G/A
Feb 11, 2022
renaissance technologies llc
8.15%
415,773
SC 13G/A
Feb 11, 2021
renaissance technologies llc
7.40%
372,974
SC 13G/A
Feb 12, 2020
renaissance technologies llc
5.99%
299,051
SC 13G

Recent SEC filings of Taitron Components Inc

View All Filings
Date Filed Form Type Document
Apr 16, 2024
4
Insider Trading
Apr 01, 2024
10-K
Annual Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
5
Insider Trading
Feb 02, 2024
8-K
Current Report

Peers (Alternatives to Taitron Components Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
AAPL
2.5T
385.7B
 -7.69% -1.03%
25.24
6.6
 -0.47% 6.03%
APH
66.1B
12.6B
 -1.70% 42.82%
34.29
5.27
 -0.54% 1.35%
FTV
27.9B
6.1B
 -7.46% 19.85%
32.25
4.6
 4.11% 14.65%
GLW
26.7B
12.6B
 -4.35% -8.03%
44.49
2.12
 -11.28% -55.18%
FLEX
11.4B
29.4B
 -0.11% 30.32%
15.15
0.39
 -1.12% -8.06%
MID-CAP
CGNX
6.6B
837.5M
 -6.54% -20.52%
58.31
7.88
 -16.75% -47.46%
ARW
6.5B
33.1B
 2.42% 7.82%
7.24
0.2
 -10.82% -36.63%
BMI
5.2B
740.8M
 12.10% 32.38%
50.71
7
 25.07% 42.99%
AVT
4.2B
25.6B
 -0.62% 12.64%
6.3
0.16
 -2.73% -21.96%
ESE
2.6B
968.8M
 -0.16% 3.23%
28.02
2.69
 9.35% 8.73%
SMALL-CAP
CNXN
1.7B
2.9B
 -3.78% 47.10%
19.88
0.58
 -8.78% -6.67%
BHE
1.1B
2.8B
 3.57% 35.56%
16.48
0.37
 -1.64% -5.74%
GPRO
262.2M
1.0B
 -26.61% -62.25%
-4.93
0.26
 -8.05% -284.36%
CPSH
26.6M
26.9M
 -0.54% -30.94%
19.39
0.96
 3.62% -35.71%
AEY
3.4M
56.7M
 3157.14% -76.73%
0
3e-4
 -41.04% -726.48%

Taitron Components Inc News

Latest updates
Defense World • 17 Apr 2024 • 08:03 am
Taitron Components (NASDAQ:TAIT) Receives New Coverage from Analysts at StockNews.com
Defense World • 16 Apr 2024 • 07:40 am
Taitron Components (NASDAQ:TAIT) Stock Passes Below 200 Day Moving Average of $3.34
Defense World • 16 Apr 2024 • 06:25 am
Taitron Components (NASDAQ:TAIT) Coverage Initiated at StockNews.com
Yahoo Movies Canada • 15 Apr 2024 • 02:27 pm
Does Taitron Components Incorporated (NASDAQ:TAIT) Have A Volatile Share Price?
Yahoo Finance • 28 Mar 2024 • 07:00 am
Taitron Components Incorporated's (NASDAQ:TAIT) Stock Has Been Sliding But Fundamentals Look Strong: Is The ...
Yahoo Finance • 2 months ago
Jim Simons Adjusts Position in Taitron Components Inc
Yahoo Finance • 2 months ago
Is It Smart To Buy Taitron Components Incorporated (NASDAQ:TAIT) Before It Goes Ex-Dividend?
Seeking Alpha • 7 months ago
Taitron Components Stock And Its Real Value (NASDAQ:TAIT)
InvestorPlace • 14 months ago
7 Penny Stocks Getting Ready for a Major Breakout
Seeking Alpha • 3 years ago
Taitron Components: Profitability, Pristine Balance Sheet And Fat Sustainable Dividend (NASDAQ:TAIT)

Taitron Components Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-38.0%9691,5631,4902,0861,7812,3002,7901,5522,2692,4851,9251,9641,9301,9911,3031,4721,9691,6581,7721,3842,515
Gross Profit-42.2%5319188461,1538731,2271,4908031,1521,1789308611,0249676196716708888356831,139
  S&GA Expenses2.8%545530583590534536531557502467520540568542519598666566616530545
EBITDA Margin14.0%0.42*0.37*0.34*0.30*0.24*0.27*0.27*0.29*0.30*0.30*0.29*0.25*0.24*0.11*0.12*0.13*0.15*0.24*0.20*0.21*0.19*
Interest Expenses-100.0%-72.0048.0019.0018.0014.004.004.004.006.006.003.009.007.0010.0011.007.007.007.007.0013.00
Income Taxes333.9%26962.0040.0041.0032812540.00-1,8753851.001.001.001.001.001.001.00-4.002.001.001.001.00
Earnings Before Taxes-13.3%41047357180339760965316779067959133870844412091.00-153517257185634
EBT Margin14.0%0.37*0.32*0.31*0.27*0.22*0.25*0.25*0.27*0.28*0.28*0.27*0.22*0.20*0.07*0.09*0.10*0.12*0.22*0.18*0.19*0.17*
Net Income-65.7%14141153176269.004846132,04240567859033770744311990.00-147478256184637
Net Income Margin17.9%0.30*0.26*0.24*0.22*0.38*0.40*0.41*0.45*0.23*0.28*0.27*0.22*0.20*0.07*0.08*0.10*0.11*0.21*0.18*0.19*0.17*
Free Cashflow59.7%1,1156981819411,342587639-879239672188624581700356398550854-263255885
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.6%18,00618,12118,00217,77217,13717,46417,38217,44617,12215,75314,90614,77814,26114,03813,78413,69413,59913,84913,66814,03313,981
  Current Assets-0.5%12,80712,86612,92012,65411,98214,30614,19914,23313,87412,46111,57211,41110,85510,56910,27110,14310,00810,0169,6379,96310,059
    Cash Equivalents19.4%6,2055,1954,7374,8575,2174,1403,7744,8145,9745,9667,0287,0306,6526,3775,8805,5645,3134,9694,0984,4814,494
  Inventory-6.8%2,5972,7873,3043,1703,9004,7735,0415,0635,2613,9483,4493,3413,5183,3843,7193,4113,5884,2074,3564,7004,597
  Net PPE-1.6%2,9703,0172,8442,8802,9222,9722,9973,0273,0553,1023,1443,1773,2173,2643,3073,3463,3863,4353,6333,6723,710
Liabilities---------2,7371,5531,1591,4371,0191,1051,0979307846867241,2301,283
  Current Liabilities3.9%1,1631,1191,1691,1731,0011,1031,2621,2952,7371,5531,1591,274856942934-784---1,283
  Long Term Debt------------163163163163------
    LT Debt, Non Current------------163163163163------
Shareholder's Equity-0.9%16,84317,00216,83316,59916,13616,36116,12016,15114,38514,20013,74713,34113,24212,93312,68712,76412,71513,16312,94412,80312,602
  Retained Earnings-2.9%5,4245,5845,4745,2434,7815,0114,7975,0543,2763,1352,6922,3352,2311,7571,5171,6011,7122,0621,7571,6711,656
  Additional Paid-In Capital0.1%11,47411,46711,41311,40911,40711,40211,39511,18111,17611,15011,13111,07911,07111,03711,03111,01910,95910,95210,94710,89210,812
Shares Outstanding-100.0%-6,0085,9965,996-5,9965,9365,8765,839---5,7985,7875,800-5,7245,7535,7265,7005,598
Minority Interest--------------10010010010010091.0093.0096.00
Float-------12,300---15,400---7,800---5,100--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations24.8%1,1269021809421,344584637-874241672203625585706363398555861-263260885
  Share Based Compensation550.0%9.00-2.004.002.005.007.006.005.006.009.006.008.008.006.007.006.007.005.005.004.006.00
Cashflow From Investing194.6%193-2041.00-1,00132.0032.00-1,027-5.00-7.00-1,500-15.00-1.00-4.00-6.00-7.00--5.00193--191-
Cashflow From Financing-23.7%-303-245-300-300-299-270-662-264-244-225-187-233-207-203-35.00-147-201-173-122-95.00-171
  Dividend Payments0%301301300300299270870264264235233233233203203201201173172171171

TAIT Income Statement

2023-12-31
Consolidated Statements of Operations and Comprehensive Income - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Net product revenue$ 6,108,000$ 8,423,000
Cost of products sold2,660,0004,030,000
Gross profit3,448,0004,393,000
Selling, general and administrative expenses2,248,0002,158,000
Operating income1,200,0002,235,000
Interest income, net221,00040,000
Other income(expense), net836,000(449,000)
Income before income taxes2,257,0001,826,000
Income tax (provision) benefit(412,000)1,382,000
Net income1,845,0003,208,000
Other comprehensive income:  
Foreign currency translation adjustment(3,000)15,000
Comprehensive income$ 1,842,000$ 3,223,000
Weighted average shares outstanding: Basic (in Shares)6,005,2775,996,180
Weighted average shares outstanding: Diluted (in Shares)6,030,2776,035,180
Cash dividends declared per common share (in Dollars per share)$ 0.2$ 0.285
Common Class A [Member]  
Other comprehensive income:  
Net income per share: Basic (in Dollars per share)0.310.54
Net income per share: Diluted (in Dollars per share)$ 0.31$ 0.53
Weighted average shares outstanding: Basic (in Shares)5,242,6655,233,568
Weighted average shares outstanding: Diluted (in Shares)5,267,6655,272,568
Common Class B [Member]  
Other comprehensive income:  
Net income per share: Basic (in Dollars per share)$ 0.31$ 0.54
Net income per share: Diluted (in Dollars per share)$ 0.31$ 0.54
Weighted average shares outstanding: Basic (in Shares)762,612762,612
Weighted average shares outstanding: Diluted (in Shares)762,612762,612

TAIT Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 6,205,000$ 5,217,000
Accounts receivable, less allowances of $7,00092,000683,000
Short-term investments (Note 2)3,630,0002,034,000
Inventories, less reserves for obsolescence of $5,069,000, and $4,892,000, respectively (Note 3)2,597,0003,900,000
Prepaid expenses and other current assets283,000148,000
Total current assets12,807,00011,982,000
Property and equipment, net2,970,0002,922,000
Deferred taxes2,043,0002,047,000
Other assets (Note 5)186,000186,000
Total assets18,006,00017,137,000
Current liabilities:  
Accounts payable194,000211,000
Accrued liabilities969,000790,000
Total current and total liabilities1,163,0001,001,000
Commitments and contingencies (Note 12)
Shareholders' equity:  
Preferred stock, $0.001 par value. Authorized 5,000,000 shares; None issued or outstanding00
Additional paid-in capital11,474,00011,407,000
Accumulated other comprehensive income(61,000)(58,000)
Retained earnings5,424,0004,781,000
Total shareholders’ equity - Taitron Components Inc.16,843,00016,136,000
Noncontrolling interest in subsidiary00
Total equity16,843,00016,136,000
Total liabilities and equity18,006,00017,137,000
Common Class A [Member]  
Shareholders' equity:  
Common stock, value5,0005,000
Common Class B [Member]  
Shareholders' equity:  
Common stock, value$ 1,000$ 1,000

About Taitron Components Inc

TAIT
Taitron Components Incorporated engages in the supply of original designed and manufactured (ODM) electronic components, and distribution of brand name electronic components. The company distributes discrete semiconductors, commodity integrated circuits, optoelectronic devices, and passive components. It also offers value-added engineering and turn-key solutions focusing on providing contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs) with ODM products for their turn-key projects. The company serves other electronic distributors, CEMs, and OEMs in the United States, South Korea, China, Taiwan, and internationally. Taitron Components Incorporated has strategic allies with Teamforce Co. Ltd.; Grand Shine Management; and Zowie Technology Corporation. The company was incorporated in 1989 and is headquartered in Valencia, California.
 CEO
 WEBSITEtaitroncomponents.com
 INDUSTRYConsumer Electronics
 EMPLOYEES15

Taitron Components Inc Frequently Asked Questions

What is the ticker symbol for Taitron Components Inc? What does TAIT stand for in stocks?

TAIT is the stock ticker symbol of Taitron Components Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Taitron Components Inc (TAIT)?

As of Fri Apr 19 2024, market cap of Taitron Components Inc is 18.86 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TAIT stock?

You can check TAIT's fair value in chart for subscribers.

What is the fair value of TAIT stock?

You can check TAIT's fair value in chart for subscribers. The fair value of Taitron Components Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Taitron Components Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TAIT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Taitron Components Inc a good stock to buy?

The fair value guage provides a quick view whether TAIT is over valued or under valued. Whether Taitron Components Inc is cheap or expensive depends on the assumptions which impact Taitron Components Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TAIT.

What is Taitron Components Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, TAIT's PE ratio (Price to Earnings) is 10.22 and Price to Sales (PS) ratio is 3.09. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TAIT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Taitron Components Inc's stock?

In the past 10 years, Taitron Components Inc has provided 0.168 (multiply by 100 for percentage) rate of return.