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BKTI logo BKTI
Upturn stock ratingUpturn stock rating
BKTI logo

BK Technologies Inc (BKTI)

Upturn stock ratingUpturn stock rating
$39.46
Delayed price
Profit since last BUY0.61%
upturn advisory
Consider higher Upturn Star rating
BUY since 2 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

04/01/2025: BKTI (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit 33.77%
Avg. Invested days 27
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 112.53M USD
Price to earnings Ratio 22.72
1Y Target Price 40
Price to earnings Ratio 22.72
1Y Target Price 40
Volume (30-day avg) 29420
Beta 1.23
52 Weeks Range 11.67 - 44.97
Updated Date 03/28/2025
52 Weeks Range 11.67 - 44.97
Updated Date 03/28/2025
Dividends yield (FY) -
Basic EPS (TTM) 1.39

Earnings Date

Report Date 2025-03-12
When Before Market
Estimate -
Actual 0.9284

Profitability

Profit Margin 6.66%
Operating Margin (TTM) -2.93%

Management Effectiveness

Return on Assets (TTM) 7.88%
Return on Equity (TTM) 22.39%

Valuation

Trailing PE 22.72
Forward PE -
Enterprise Value 134344118
Price to Sales(TTM) 1.84
Enterprise Value 134344118
Price to Sales(TTM) 1.84
Enterprise Value to Revenue 1.75
Enterprise Value to EBITDA 14.39
Shares Outstanding 3563280
Shares Floating 13764215
Shares Outstanding 3563280
Shares Floating 13764215
Percent Insiders 16.98
Percent Institutions 37.26

Analyst Ratings

Rating -
Target Price 20
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

BK Technologies Inc

stock logo

Company Overview

overview logo History and Background

BK Technologies Inc (formerly RELM Wireless Corporation) was founded in 1947 as Radio Engineering Laboratories, Inc. It has evolved from a manufacturer of radio transmitters to a provider of advanced communication solutions, primarily for public safety and government agencies. Significant milestones include the development of various generations of two-way radios and expansion into digital communication technologies.

business area logo Core Business Areas

  • Land Mobile Radio (LMR): Design, manufacture, and market LMR communications equipment, systems, and related services, focusing on portable and mobile radios, base stations, and repeaters.
  • Accessories and Services: Offer a range of accessories such as batteries, antennas, and chargers, as well as maintenance, repair, and programming services for LMR equipment.

leadership logo Leadership and Structure

The leadership team typically includes a CEO, CFO, CTO, and other key executives. The organizational structure is hierarchical, with departments focused on engineering, sales, marketing, operations, and finance.

Top Products and Market Share

overview logo Key Offerings

  • BKR9000 Portable Radio: A P25 Phase 2 compliant portable radio used primarily by public safety professionals. While exact market share is difficult to determine, BK Technologies competes with larger players such as Motorola Solutions and L3Harris Technologies for contracts in the LMR market. Competitors: Motorola Solutions, L3Harris Technologies.
  • Mobile Radios: Mobile radio systems for vehicles. Market share is dependent on contract wins within Public Safety and related industries. Competitors: Motorola Solutions, L3Harris Technologies.

Market Dynamics

industry overview logo Industry Overview

The LMR market is driven by the need for reliable communication in public safety, government, and industrial sectors. The industry is evolving with the adoption of digital technologies like P25 and LTE. Technological advancement is a crucial market driver.

Positioning

BK Technologies Inc. occupies a niche position, focusing on high-performance LMR solutions for specialized applications. Its competitive advantages include rugged and reliable products and a focus on specific customer needs.

Total Addressable Market (TAM)

The global land mobile radio (LMR) systems market was valued at approximately $17.04 billion in 2023 and is projected to reach $28.24 billion by 2032. BK Technologies Inc. targets a segment of this market, focusing on public safety communications. TAM figures include a wide range of technologies and applications. BK Technologies is positioned for capture of TAM through product differentiation and direct sales.

Upturn SWOT Analysis

Strengths

  • Strong reputation for rugged and reliable products
  • Focus on specific niche markets within public safety
  • P25 Phase 2 compliant products
  • Direct Sales

Weaknesses

  • Smaller market share compared to larger competitors
  • Limited product portfolio compared to competitors
  • High dependence on government contracts
  • Less brand recognition than bigger players

Opportunities

  • Growing demand for digital LMR technologies
  • Expansion into adjacent markets such as industrial applications
  • Increased government spending on public safety communications
  • Partnerships and collaborations with other technology providers

Threats

  • Intense competition from larger, well-established players
  • Technological advancements rendering existing products obsolete
  • Economic downturns impacting government budgets
  • Shift towards alternative communication technologies (e.g., broadband LTE)

Competitors and Market Share

competitor logo Key Competitors

  • MSI
  • LHX
  • ICOM

Competitive Landscape

BK Technologies' competitive advantage lies in its specialized focus and rugged products. Disadvantages include its smaller size and limited resources compared to Motorola Solutions and L3Harris Technologies.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been tied to contract wins and technological upgrades. Recent growth driven by adoption of P25-compliant products.

Future Projections: Future growth depends on securing new contracts, expanding into new markets, and continued innovation. Analyst estimates vary, so consulting multiple sources is crucial.

Recent Initiatives: Recent initiatives likely involve product development (e.g., next-generation LMR radios) and market expansion efforts. Refer to press releases for details.

Summary

BK Technologies has built a reputation in specialized segments of LMR. Their P25 compliant products offer a competitive edge, however, they face considerable competition from larger rivals with more resources. Government contracts are a primary source of revenue, making them susceptible to budgetary changes. Growth opportunities exist through market expansion and innovation in digital LMR technologies.

Similar Companies

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L3Harris Technologies Inc

$212.7
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0%
PASS

LHXratingrating

L3Harris Technologies Inc

$212.7
Large-Cap Stock
0%
PASS

MSIratingrating

Motorola Solutions Inc

$426.27
Large-Cap Stock
0%
PASS

MSIratingrating

Motorola Solutions Inc

$426.27
Large-Cap Stock
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Sources and Disclaimers

Data Sources:

  • BK Technologies Inc. Investor Relations (https://www.bktechnologies.com/investor-relations/)
  • Industry Reports on Land Mobile Radio Market
  • Company Press Releases
  • Competitor Financial Reports
  • MarketWatch
  • Yahoo Finance

Disclaimers:

The data provided is based on available information and estimates, and should not be considered financial advice. Market share figures are approximate. Investment decisions should be made after consulting a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About BK Technologies Inc

Exchange NYSE MKT
Headquaters West Melbourne, FL, United States
IPO Launch date 1990-06-25
President, CEO & Director Mr. John M. Suzuki
Sector Technology
Industry Communication Equipment
Full time employees -
Full time employees -

BK Technologies Corporation, through its subsidiary, BK Technologies, Inc., engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR) that are hand-held (portable) or installed in vehicles (mobile). It offers KNG Series and BKR Series radios that operate in both the P25 digital and analog modes which are used primarily in government, public safety, and military applications; and BK radio products for intellectual property applications. The company's KNG and BKR-branded products serves government markets, including emergency response, public safety, homeland security and military customers of federal, and state and municipal government agencies, as well as various industrial and commercial enterprises. In addition, it provides InteropONE, a Push-to-Talk-Over-Cellular (PTTOC) SaaS service, that provides emergency incident commanders to establish group PTTOC between smartphone users directly from their smartphone. The company was incorporated in 1997 and is based in West Melbourne, Florida.

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