VIDE  Video Display Corporation

Exchange

NASDAQ

Sector

Capital Goods

Industry

Electrical Products

Market Cap.

28.4M

Highly Competitive Industry over the past 10 years

It's likely that VIDE is in an industry with low barriers to entry, spurring high competition. If Gross Margins are at least satisfactory, it's likely VIDE invests heavily in R&D and Sales, General & Administrative expenses.

Only $2.14 of every $100 of Revenue have been profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in February
2003200420052006200720082009201020112012
Net Income -3.29M 3.17M 3.72M 445,000.00 1.62M 2.77M 314,000.00 940,000.00 2.40M 3.58M
divided by
Revenue 76.58M 76.59M 82.74M 83.88M 81.94M 88.20M 72.90M 70.43M 59.04M 64.23M
Net Profit Margin -4.29% 4.13% 4.50% 0.53% 1.98% 3.14% 0.43% 1.33% 4.07% 5.57%

Inconsistent Gross Profit Margins over the past 10 years

VIDE has good gross profit margins, however inconsistency of these margins is a cause for concern. Look at reasons for this inconsistency to determine the likelihood of future sustainability.

$38.01 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in February
2003200420052006200720082009201020112012
Gross Profit 19.54M 24.99M 27.01M 24.50M 27.59M 28.50M 24.88M 23.78M 15.50M 64.23M
divided by
Revenue 76.58M 76.59M 82.74M 83.88M 81.94M 88.20M 72.90M 70.43M 59.04M 64.23M
Gross Margin 25.52% 32.62% 32.65% 29.21% 33.67% 32.31% 34.13% 33.76% 26.25% 100.00%

High Capital Intensity over the past 10 years

VIDE spends large amounts of capital buying new equipment or investing in new facilities to stay competitive. Over the long term, those costs may have to be fuelled by debt. Look at the growth of Shareholders' Equity to see if this strategy is having a positive or negative impact.

105.75% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in USD. Fiscal year ends in February
2003200420052006200720082009201020112012
Capital Expenditure 1.14M 727,000.00 769,000.00 1.93M 445,000.00 839,000.00 991,000.00 418,000.00 957,000.00 617,000.00
divided by
Net Income -3.29M 3.17M 3.72M 445,000.00 1.62M 2.77M 314,000.00 940,000.00 2.40M 3.58M
Capital Expenditure Ratio -34.60% 22.97% 20.66% 433.26% 27.42% 30.28% 315.61% 44.47% 39.86% 17.25%