Datavault AI Inc. (NASDAQ: DVLT)

Sector: Technology Industry: Software - Infrastructure CIK: 0001682149
Market Cap 228.15 Mn
P/B 2.29
P/E -2.42
P/S 36.98
ROIC (Qtr) -35.80
Div Yield % 0.00
Rev 1y % (Qtr) 147.78
Total Debt (Qtr) 28.12 Mn
Debt/Equity (Qtr) 0.28

About

WISA Technologies, Inc., known by its stock symbol WISA, operates in the wireless audio technology industry. The company's main business activities involve designing and selling wireless modules, which are used by consumer electronics companies to integrate wireless audio capabilities into their products. WISA's technology is particularly known for its ability to transmit multiple audio channels simultaneously with low latency and speaker synchronization, making it ideal for applications requiring high-quality audio and video synchronization, such...

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Price action

Investment thesis

Bull case

  • Strong free cash flow of (27.51M) provides 3.67x coverage of acquisition spending (7.50M), indicating disciplined M&A strategy.
  • Short-term investments of 8.15M provide solid 1.57x coverage of other current liabilities 5.18M, indicating strong liquidity.
  • Tangible assets of 21.98M provide robust 4.24x coverage of other current liabilities 5.18M, indicating strong asset backing.
  • Cash reserves of 1.68M provide solid 2.56x coverage of other non-current liabilities 657000, indicating strong liquidity.
  • Cash reserves of 1.68M exceed inventory value of 994000 by 1.69x, indicating strong liquidity and inventory management.

Bear case

  • Investment activities of (7.76M) provide weak support for R&D spending of 13.65M, which is -0.57x, suggesting potentially insufficient investment in innovation relative to other capital deployment.
  • Cash reserves of 1.68M provide limited coverage of acquisition spending of (7.50M), which is -0.22x, suggesting aggressive expansion might strain liquidity if market conditions deteriorate.
  • The company's operating cash flow of (27.45M) shows concerning coverage of stock compensation expenses of 6.04M, with a -4.54 ratio indicating potential earnings quality issues.
  • Short-term investments of 8.15M significantly exceed cash reserves of 1.68M, which is 4.84x, indicating potentially excessive yield-seeking behavior at the expense of liquidity.
  • Free cash flow of (27.51M) provides weak coverage of capital expenditures of 59000, with a -466.32 ratio suggesting additional external financing needs for growth initiatives.

Geographical Breakdown of Revenue (2024)

Product and Service Breakdown of Revenue (2024)

Peer comparison

Companies in the Software - Infrastructure
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 MSFT Microsoft Corp 3,563.59 Bn 33.97 12.13 60.56 Bn
2 ORCL Oracle Corp 561.87 Bn 36.43 9.21 124.39 Bn
3 PLTR Palantir Technologies Inc. 413.65 Bn 377.64 106.17 0.24 Bn
4 PANW Palo Alto Networks Inc 126.45 Bn 113.19 13.23 0.35 Bn
5 CRWD CrowdStrike Holdings, Inc. 116.42 Bn -370.56 25.50 0.82 Bn
6 SNPS Synopsys Inc 86.06 Bn 64.60 12.20 14.29 Bn
7 NET Cloudflare, Inc. 62.78 Bn -609.27 31.18 3.50 Bn
8 FTNT Fortinet, Inc. 60.83 Bn 32.47 9.28 1.00 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 1.92 2.69
EV to Cash from Ops. EV/CFO -9.68 28.91
EV to Debt EV to Debt 9.46 19.83
EV to EBIT EV/EBIT -3.92 -9.95
EV to EBITDA EV/EBITDA -7.51 6.82
EV to Free Cash Flow [EV/FCF] EV/FCF -9.66 26.09
EV to Market Cap EV to Market Cap 1.17 0.36
EV to Revenue EV/Rev 43.09 -9.34
Price to Book Value [P/B] P/B 2.29 3.88
Price to Earnings [P/E] P/E -2.42 -10.66
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Div Coverage (Qtr) -11.46 -0.30
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 2.71
Dividend per Basic Share Div per Share (Qtr) 0.00 0.10
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 1.68
Interest Coverage Int. cover (Qtr) -3.73 -14.20
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex 1y % (Qtr) -110.71 -408.01
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) -57.08 226.39
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 -0.28
EBIAT Growth (1y) % EBIAT 1y % (Qtr) -35.54 25.27
EBITDA Growth (1y) % EBITDA 1y % (Qtr) -82.81 47.48
EBIT Growth (1y) % EBIT 1y % (Qtr) -35.54 20.13
EBT Growth (1y) % EBT 1y % (Qtr) -67.30 14.16
EPS Growth (1y) % EPS 1y % (Qtr) 99.26 67.50
FCF Growth (1y) % FCF 1y % (Qtr) -71.65 296.60
Gross Profit Growth (1y) % Gross Profit 1y % (Qtr) 333.89 46.75
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.04 0.67
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.01
Cash Ratio Cash Ratio (Qtr) 0.07 1.22
Current Ratio Curr Ratio (Qtr) 0.68 2.59
Debt to Equity Ratio Debt/Equity (Qtr) 0.28 -0.96
Interest Cover Ratio Int Coverage (Qtr) -3.73 -14.20
Times Interest Earned Times Interest Earned (Qtr) -3.73 -14.20
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % (Qtr) -975.90 -548.16
EBIT Margin % EBIT Margin % (Qtr) -1,099.04 -199.84
EBT Margin % EBT Margin % (Qtr) -1,393.99 -607.20
Gross Margin % Gross Margin % (Qtr) 6.80 51.88
Net Profit Margin % Net Margin % (Qtr) -1,527.30 -610.00