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Upturn AI SWOT - About
Sono-Tek Corp (SOTK)
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Upturn Advisory Summary
04/01/2025: SOTK (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -55.42% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 57.65M USD | Price to earnings Ratio 52.29 | 1Y Target Price 8.25 |
Price to earnings Ratio 52.29 | 1Y Target Price 8.25 | ||
Volume (30-day avg) 6615 | Beta -0.24 | 52 Weeks Range 3.50 - 6.05 | Updated Date 04/1/2025 |
52 Weeks Range 3.50 - 6.05 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.07 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 5.47% | Operating Margin (TTM) 3.81% |
Management Effectiveness
Return on Assets (TTM) 1.89% | Return on Equity (TTM) 6.59% |
Valuation
Trailing PE 52.29 | Forward PE - | Enterprise Value 44653020 | Price to Sales(TTM) 2.85 |
Enterprise Value 44653020 | Price to Sales(TTM) 2.85 | ||
Enterprise Value to Revenue 2.15 | Enterprise Value to EBITDA 30.83 | Shares Outstanding 15751200 | Shares Floating 12239748 |
Shares Outstanding 15751200 | Shares Floating 12239748 | ||
Percent Insiders 21.97 | Percent Institutions 46.58 |
Analyst Ratings
Rating 5 | Target Price 9.62 | Buy - | Strong Buy 2 |
Buy - | Strong Buy 2 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Sono-Tek Corp
Company Overview
History and Background
Sono-Tek Corp. was founded in 1975. It initially focused on developing and applying ultrasonic nozzle technology. Over time, it evolved into a leading provider of ultrasonic coating systems for a variety of industries. Key milestones include expanding into new markets and developing innovative coating solutions.
Core Business Areas
- Electronics Coating: Provides systems for applying conformal coatings on printed circuit boards, protecting them from environmental factors.
- Medical Coating: Offers coating solutions for medical devices, including stents, catheters, and other implants, enhancing their performance and biocompatibility.
- Industrial Coating: Supplies coating systems for various industrial applications, such as textiles, fuel cells, and solar cells, improving product functionality and efficiency.
- Specialty Coating: Develops custom coating solutions for niche markets and specialized applications, catering to specific customer needs.
Leadership and Structure
Steve Harshbarger serves as the President and CEO. The company has a board of directors and operates with functional departments such as engineering, manufacturing, sales, and marketing.
Top Products and Market Share
Key Offerings
- ExactaCoat Platform: Automated coating system used in electronics manufacturing. Market share for similar platforms varies, but Sono-Tek is a well-known player. Revenue figures are not publicly disaggregated, but this product is a significant revenue driver. Competitors include Nordson Corporation and PVA.
- Market Share:
- SonoFlex: Flexible coating system used in medical device manufacturing. Competes with companies like Surmodics and AST Products. Market share data specifically for Sono-Tek is not readily available. Revenue numbers are not reported by product.
- Spectrum: Industrial coating system used across several industrial applications. Competitors include companies like PVA, and Integrated Dispensing Solutions (IDS).
Market Dynamics
Industry Overview
The ultrasonic coating industry is driven by demand for precision coating applications in electronics, medical, industrial, and R&D markets. Factors like miniaturization, increased device complexity, and stringent regulatory requirements are fueling growth.
Positioning
Sono-Tek Corp. is positioned as a leader in ultrasonic coating technology, known for its precision and efficiency. Its competitive advantages include its expertise in ultrasonic nozzle design and its ability to customize coating solutions.
Total Addressable Market (TAM)
The total addressable market is estimated in the billions of USD, growing based on precision manufacturing demand. Sono-Tek Corp. is positioned to capture a portion of this market with its specialized technologies.
Upturn SWOT Analysis
Strengths
- Proprietary ultrasonic nozzle technology
- Strong brand reputation
- Customized coating solutions
- Experienced management team
- Diverse customer base
Weaknesses
- Relatively small size compared to competitors
- Limited marketing resources
- Dependence on a few key customers
- Susceptibility to economic downturns
- Geographic concentration
Opportunities
- Expanding into new geographic markets
- Developing new coating applications
- Acquiring complementary technologies
- Partnering with strategic customers
- Capitalizing on industry growth trends
Threats
- Competition from larger companies
- Technological obsolescence
- Economic recession
- Fluctuations in raw material prices
- Changes in government regulations
Competitors and Market Share
Key Competitors
- Nordson Corporation (NDSN)
- PVA (Private)
- Surmodics (SRDX)
Competitive Landscape
Sono-Tek is smaller than Nordson but has a strong reputation for ultrasonic coating expertise. PVA focuses on automation solutions, which could be a competitive overlaps. Surmodics is specialized in medical coating.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Sono-Tek's growth has been moderate over the past decade, driven by demand for precision coating solutions in diverse industries.
Future Projections: Analyst estimates are not readily available without access to real-time financial data services. These services provide accurate projections for revenue, EPS and margins.
Recent Initiatives: Recent initiatives include new product development and expansion into new markets.
Summary
Sono-Tek Corp. is a niche player in the ultrasonic coating industry with a strong reputation and proprietary technology. It faces competition from larger companies but has opportunities to expand into new markets and develop new applications. Financial performance depends on economic conditions and strategic execution. The company has not paid any dividends in the recent years.
Similar Companies
NDSN
Nordson Corporation
NDSN
Nordson Corporation
SRDX
SurModics Inc
SRDX
SurModics Inc
Sources and Disclaimers
Data Sources:
- Sono-Tek Corp. Investor Relations
- Company website
- Industry reports
- Third-party financial data providers
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market share data is often estimated due to limited public reporting by competitors. Financial metrics may not be comprehensive without access to real-time data sources.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Sono-Tek Corp
Exchange NASDAQ | Headquaters Milton, NY, United States | ||
IPO Launch date 1987-05-06 | President, CEO & Director Mr. R. Stephen Harshbarger | ||
Sector Technology | Industry Scientific & Technical Instruments | Full time employees 82 | Website https://www.sono-tek.com |
Full time employees 82 | Website https://www.sono-tek.com | ||
Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide. The company provides custom-engineered ultrasonic coating systems; and nozzles and generators. Its products include integrated multi-axis coating systems, integrated coating systems, fluxing systems, OEM systems, and other related systems. In addition, the company provides surface coating solutions and application consulting services. It markets and distributes its products through direct sales personnel, select independent distributors, and sales representatives. The company was incorporated in 1975 and is headquartered in Milton, New York.
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