Franklin Wireless Corp Stock Today

FKWL Stock  USD 4.25  0.05  1.16%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 8

 
High
 
Low
Low
Franklin Wireless is selling for 4.25 as of the 3rd of December 2024. This is a 1.16% down since the beginning of the trading day. The stock's lowest day price was 4.24. Franklin Wireless has only a 8 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Franklin Wireless Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2024 and ending today, the 3rd of December 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
23rd of February 1996
Category
Technology
Classification
Information Technology
Franklin Wireless Corp. provides intelligent wireless solutions. Franklin Wireless Corp. was founded in 1981 and is headquartered in San Diego, California. Franklin Wireless operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. The company has 11.78 M outstanding shares of which 18.36 K shares are currently shorted by private and institutional investors with about 3.26 trading days to cover. More on Franklin Wireless Corp

Franklin Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOOk Kim
Thematic Ideas
(View all Themes)
Business ConcentrationCommunications Equipment, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Office Supplies, Electronic Equipment, Information Technology, Communications Equipment, Communication Equipment, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.630.6592
Sufficiently Down
Very volatile
Gross Profit Margin0.120.1139
Notably Up
Slightly volatile
Total Current Liabilities8.6 M9.1 M
Notably Down
Pretty Stable
Total Assets25.3 M46.7 M
Way Down
Slightly volatile
Total Current Assets22.8 M40.2 M
Way Down
Slightly volatile
Debt Levels
Franklin Wireless can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Franklin Wireless' financial leverage. It provides some insight into what part of Franklin Wireless' total assets is financed by creditors.
Liquidity
Franklin Wireless Corp currently holds 1.5 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Franklin Wireless Corp has a current ratio of 5.11, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Franklin Wireless' use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

760,051
Franklin Wireless Corp (FKWL) is traded on NASDAQ Exchange in USA. It is located in 3940 Ruffin Road, San Diego, CA, United States, 92123 and employs 69 people. Franklin Wireless is listed under Communications Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 50.12 M. Franklin Wireless Corp conducts business under Communications Equipment sector and is part of Information Technology industry. The entity has 11.78 M outstanding shares of which 18.36 K shares are currently shorted by private and institutional investors with about 3.26 trading days to cover. Franklin Wireless Corp currently holds about 42.61 M in cash with (773.36 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.65.
Check Franklin Wireless Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Franklin Wireless Corp is $50.12 Million. Franklin Wireless Corp retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Franklin Ownership Details

Franklin Stock Institutional Holders

InstituionRecorded OnShares
Northern Trust Corp2024-09-30
14.9 K
Simplex Trading, Llc2024-09-30
2.8 K
Tower Research Capital Llc2024-09-30
1.1 K
Bank Of America Corp2024-06-30
70.0
Family Firm Inc2024-09-30
0.0
Acadian Asset Management Llc2024-06-30
0.0
Royal Bank Of Canada2024-09-30
0.0
Wells Fargo & Co2024-06-30
0.0
Jane Street Group Llc2024-06-30
0.0
Aigh Capital Management, Llc2024-09-30
390 K
Vanguard Group Inc2024-09-30
150.8 K
View Franklin Wireless Diagnostics

Franklin Wireless Historical Income Statement

At this time, Franklin Wireless' Non Operating Income Net Other is quite stable compared to the past year. Net Interest Income is expected to rise to about 844.4 K this year, although the value of Interest Expense will most likely fall to about 55.6 K. View More Fundamentals

Franklin Stock Against Markets

Franklin Wireless Corporate Executives

Elected by the shareholders, the Franklin Wireless' board of directors comprises two types of representatives: Franklin Wireless inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Franklin. The board's role is to monitor Franklin Wireless' management team and ensure that shareholders' interests are well served. Franklin Wireless' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Franklin Wireless' outside directors are responsible for providing unbiased perspectives on the board's policies.
William BauerSecretary, CFOProfile
When determining whether Franklin Wireless Corp is a strong investment it is important to analyze Franklin Wireless' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franklin Wireless' future performance. For an informed investment choice regarding Franklin Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Wireless Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Wireless. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Wireless listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.667
Earnings Share
(0.28)
Revenue Per Share
2.613
Quarterly Revenue Growth
(0.64)
Return On Assets
(0.07)
The market value of Franklin Wireless Corp is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Wireless' value that differs from its market value or its book value, called intrinsic value, which is Franklin Wireless' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Wireless' market value can be influenced by many factors that don't directly affect Franklin Wireless' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Wireless' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.