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TAIT

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

3.00USD+0.13 (+4.53%)Delayed

Market Summary

TAIT
USD3.00+0.13
Delayed
4.53%

TAIT Stock Price

View Fullscreen

TAIT RSI Chart

TAIT Valuation

Market Cap

18.1M

Price/Earnings (Trailing)

11.05

Price/Sales (Trailing)

3.62

EV/EBITDA

5.11

Price/Free Cashflow

11.09

TAIT Price/Sales (Trailing)

TAIT Profitability

EBT Margin

40.40%

Return on Equity

9.56%

Return on Assets

8.84%

Free Cashflow Yield

9.02%

TAIT Fundamentals

TAIT Revenue

Revenue (TTM)

5.0M

Rev. Growth (Yr)

-53.84%

Rev. Growth (Qtr)

-0.62%

TAIT Earnings

Earnings (TTM)

1.6M

Earnings Growth (Yr)

-27.56%

Earnings Growth (Qtr)

291.49%

Breaking Down TAIT Revenue

Last 7 days

-5.7%

Last 30 days

-4.1%

Last 90 days

-7.1%

Trailing 12 Months

-24.3%

How does TAIT drawdown profile look like?

TAIT Financial Health

Current Ratio

9.62

TAIT Investor Care

Dividend Yield

6.67%

Dividend/Share (TTM)

0.2

Shares Dilution (1Y)

0.15%

Diluted EPS (TTM)

0.28

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20245.0M000
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
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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
May 15, 2024
STATE STREET CORP
reduced
-28.83
-35,329
67,556
 -%
May 15, 2024
MORGAN STANLEY
sold off
-100
-5.00
-
 -%
May 15, 2024
BANK OF AMERICA CORP /DE/
sold off
-100
-7.00
-
 -%
May 15, 2024
Federation des caisses Desjardins du Quebec
new
-
10,432
10,432
 -%
May 15, 2024
Tower Research Capital LLC (TRC)
reduced
-2.19
-1,045
9,760
 -%
May 15, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
unchanged
-
-21,114
251,804
 -%
May 15, 2024
Royal Bank of Canada
new
-
-
-
 -%
May 13, 2024
RENAISSANCE TECHNOLOGIES LLC
added
1.2
-69,000
980,000
 -%
May 13, 2024
FMR LLC
sold off
-100
-21.00
-
 -%
May 13, 2024
UBS Group AG
new
-
1,157
1,157
 -%

1–10 of 21

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
May 15, 2024
10-Q
Quarterly Report
May 03, 2024
8-K
Current Report
Apr 29, 2024
DEF 14A
DEF 14A
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

Peers (Alternatives to Taitron Components Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
AAPL
2.9T
381.6B
 13.05% 8.50%
29.01
7.63
 -0.90% 6.43%
APH
79.2B
12.8B
 18.32% 73.26%
38.89
6.17
 1.52% 6.35%
GLW
30.3B
12.4B
 14.17% 13.04%
49.07
2.45
 -9.51% -33.28%
FTV
27.2B
6.1B
 -3.77% 17.13%
30.2
4.43
 3.71% 17.79%
FLEX
11.8B
28.1B
 4.34% 21.12%
11.7
0.42
 -5.94% 26.86%
MID-CAP
CGNX
8.2B
847.2M
 22.04% -8.33%
82.44
9.7
 -8.39% -42.67%
ARW
7.0B
31.3B
 7.85% 6.15%
9.82
0.22
 -14.93% -46.67%
BMI
5.8B
740.8M
 28.88% 40.20%
56.51
7.8
 25.07% 42.99%
AVT
4.8B
24.7B
 14.45% 25.08%
8.44
0.19
 -6.09% -33.76%
ESE
2.8B
988.8M
 12.19% 14.65%
28.58
2.84
 8.64% 13.26%
SMALL-CAP
CNXN
1.8B
2.8B
 10.03% 54.73%
21.81
0.65
 -10.09% 0.74%
BHE
1.5B
2.8B
 37.18% 85.46%
22.52
0.53
 -4.25% -5.27%
GPRO
246.3M
986.2M
 -7.39% -59.95%
-0.68
0.25
 -6.21% -5303.34%
CPSH
25.8M
26.4M
 2.30% -40.07%
33.65
0.98
 -2.48% -64.63%
AEY
22.4M
56.7M
 -36.44% -0.66%
-3.8
0.59
 -41.04% -726.48%

Taitron Components Inc News

Latest updates
Defense World • 32 hours ago
Taitron Components (NASDAQ:TAIT) Research Coverage Started at StockNews.com
MSN • 16 May 2024 • 04:55 pm
TAIT Stock Earnings: Taitron Components Reported Results for Q1 2024
Defense World • 10 May 2024 • 11:14 am
Taitron Components (NASDAQ:TAIT) Share Price Passes Below Two Hundred Day Moving Average of $3.29
Defense World • 10 May 2024 • 10:39 am
Taitron Components (NASDAQ:TAIT) Now Covered by Analysts at StockNews.com
Simply Wall St • 09 May 2024 • 12:45 pm
Taitron Components (NASDAQ:TAIT) Will Pay A Dividend Of $0.05
Yahoo Movies UK • 07 May 2024 • 09:15 am
Taitron Components Incorporated (NASDAQ:TAIT) Stock Has Shown Weakness Lately But Financials Look Strong ...
Yahoo Finance • 3 months ago
Jim Simons Adjusts Position in Taitron Components Inc
Seeking Alpha • 8 months ago
Taitron Components Stock And Its Real Value (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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-0.6%9639691,5631,4902,0861,7812,3002,7901,5522,2692,4851,9251,9641,9301,9911,3031,4721,9691,6581,7721,384
Gross Profit-6.6%4965319188461,1538731,2271,4908031,1521,1789308611,024967619671670888835683
  S&GA Expenses4.6%570545530583590534536531557502467520540568542519598666566616530
EBITDA Margin13.5%0.49*0.43*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*
Interest Expenses-4.9%78.0082.0072.0048.0019.0018.0014.004.004.004.006.006.003.009.007.0010.0011.007.007.007.007.00
Income Taxes-97.0%8.0026962.0040.0041.0032812540.00-1,8753851.001.001.001.001.001.001.00-4.002.001.001.00
Earnings Before Taxes36.6%56041047357180339760965316779067959133870844412091.00-153517257185
EBT Margin9.3%0.40*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*
Net Income291.5%55214141153176269.004846132,04240567859033770744311990.00-147478256184
Net Income Margin8.6%0.33*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*
Free Cashflow-132.7%-3651,1156981819411,342587639-879239672188624581700356398550854-263255
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.7%18,48618,00618,12118,00217,77217,13717,46417,38217,44617,12215,75314,90614,77814,26114,03813,78413,69413,59913,84913,66814,033
  Current Assets3.7%13,28112,80712,86612,92012,65411,98214,30614,19914,23313,87412,46111,57211,41110,85510,56910,27110,14310,00810,0169,6379,963
    Cash Equivalents-10.6%5,5476,2055,1954,7374,8575,2174,1403,7744,8145,9745,9667,0287,0306,6526,3775,8805,5645,3134,9694,0984,481
  Inventory2.8%2,6702,5972,7873,3043,1703,9004,7735,0415,0635,2613,9483,4493,3413,5183,3843,7193,4113,5884,2074,3564,700
  Net PPE0.1%2,9742,9703,0172,8442,8802,9222,9722,9973,0273,0553,1023,1443,1773,2173,2643,3073,3463,3863,4353,6333,672
Liabilities----------2,7371,5531,1591,4371,0191,1051,0979307846867241,230
  Current Liabilities18.7%1,3801,1631,1191,1691,1731,0011,1031,2621,2952,7371,5531,1591,274856942934-784---
  Long Term Debt-------------163163163163-----
    LT Debt, Non Current-------------163163163163-----
Shareholder's Equity1.6%17,10616,84317,00216,83316,59916,13616,36116,12016,15114,38514,20013,74713,34113,24212,93312,68712,76412,71513,16312,94412,803
  Retained Earnings4.6%5,6755,4245,5845,4745,2434,7815,0114,7975,0543,2763,1352,6922,3352,2311,7571,5171,6011,7122,0621,7571,671
  Additional Paid-In Capital0.0%11,47811,47411,46711,41311,40911,40711,40211,39511,18111,17611,15011,13111,07911,07111,03711,03111,01910,95910,95210,94710,892
Shares Outstanding0.3%6,0216,0056,0005,9965,9965,9965,9965,9365,8765,996---5,7985,8035,800-5,7245,7535,7265,700
Minority Interest---------------10010010010010091.0093.00
Float----12,800---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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-129.1%-3281,1269021809421,344584637-874241672203625585706363398555861-263260
  Share Based Compensation-55.6%4.009.00-2.004.002.005.007.006.005.006.009.006.008.008.006.007.006.007.005.005.004.00
Cashflow From Investing-119.2%-37.00193-2041.00-1,00132.0032.00-1,027-5.00-7.00-1,500-15.00-1.00-4.00-6.00-7.00--5.00193--191
Cashflow From Financing0.7%-301-303-245-300-300-299-270-662-264-244-225-187-233-207-203-35.00-147-201-173-122-95.00
  Dividend Payments-100.0%-301301300300299270870264264235233233233203203201201173172171
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TAIT Income Statement

2024-03-31
Consolidated Statements of Operations and Comprehensive Income - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net product revenue$ 963,000$ 2,086,000
Cost of products sold467,000933,000
Gross profit496,0001,153,000
Selling, general and administrative expenses570,000590,000
Operating income(74,000)563,000
Interest income, net78,00019,000
Other income, net556,000221,000
Income before income taxes560,000803,000
Income tax provision(8,000)(41,000)
Net income552,000762,000
Other comprehensive income:  
Foreign currency translation adjustment8,000(1,000)
Comprehensive income$ 560,000$ 761,000
Net income per share: Basic (in Dollars per share)$ 0.09$ 0.13
Diluted (in Dollars per share)$ 0.09$ 0.13
Weighted average shares outstanding: Basic (in Shares)6,021,1805,996,180
Diluted (in Shares)6,031,1806,034,180
Cash dividends declared per common share (in Dollars per share)$ 0.05$ 0.05

TAIT Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 5,547,000$ 6,205,000
Accounts receivable, less allowances of $7,000227,00092,000
Short-term investments (Note 2)4,484,0003,630,000
Inventories, less reserves for obsolescence of $5,130,000, and $5,069,000, respectively (Note 3)2,670,0002,597,000
Prepaid expenses and other current assets353,000283,000
Total current assets13,281,00012,807,000
Property and equipment, net2,974,0002,970,000
Deferred taxes2,045,0002,043,000
Other assets (Note 5)186,000186,000
Total assets18,486,00018,006,000
Current liabilities:  
Accounts payable488,000194,000
Accrued liabilities892,000969,000
Total current and total liabilities1,380,0001,163,000
Commitments and contingencies (Note 6)
Shareholders' equity:  
Preferred stock, $0.001 par value. Authorized 5,000,000 shares; None issued or outstanding00
Additional paid-in capital11,478,00011,474,000
Accumulated other comprehensive income(53,000)(61,000)
Retained earnings5,675,0005,424,000
Total equity17,106,00016,843,000
Total liabilities and equity18,486,00018,006,000
Common Class A [Member]  
Shareholders' equity:  
Common stock, value5,0005,000
Common Class B [Member]  
Shareholders' equity:  
Common stock, value$ 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 May 17 2024, market cap of Taitron Components Inc is 18.06 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 May 17 2024, TAIT's PE ratio (Price to Earnings) is 11.05 and Price to Sales (PS) ratio is 3.62. 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 0.158 (multiply by 100 for percentage) rate of return.