Taoping Inc

Company Profile

Taoping Inc had its IPO on 2006-09-12 under the ticker symbol TAOP.

The company operates in the Technology sector and Software-Infrastructure industry. Taoping Inc has a staff strength of 63 employees.

Stock update

Shares of Taoping Inc opened at $2.36 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.32 - $2.55, and closed at $2.5.

This is a -1.19% slip from the previous day's closing price.

A total volume of 90,043 shares were traded at the close of the day’s session.

In the last one week, shares of Taoping Inc have slipped by -26.47%.

Taoping Inc's Key Ratios

Taoping Inc has a market cap of $6.70 million, indicating a price to book ratio of 0.7461 and a price to sales ratio of 0.3715.

In the last 12-months Taoping Inc’s revenue was $24.23 million with a gross profit of $9.04 million and an EBITDA of $4.07 million. The EBITDA ratio measures Taoping Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Taoping Inc’s operating margin was -13.06% while its return on assets stood at -5.18% with a return of equity of -4.03%.

In Q2, Taoping Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 64%.

Taoping Inc’s PE and PEG Ratio

Forward PE

1.919

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.39 per share while it has a forward price to earnings multiple of 1.919 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Taoping Inc’s profitability.

Taoping Inc stock is trading at a EV to sales ratio of 0.6911 and a EV to EBITDA ratio of 2.4119. Its price to sales ratio in the trailing 12-months stood at 0.3715.

Taoping Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$28.38 million

Total Liabilities

$18.91 million

Operating Cash Flow

$0

Capital Expenditure

$1.77 million

Dividend Payout Ratio

0%

Taoping Inc ended 2024 with $28.38 million in total assets and $0 in total liabilities. Its intangible assets were valued at $28.38 million while shareholder equity stood at $9.46 million.

Taoping Inc ended 2024 with $0 in deferred long-term liabilities, $18.91 million in other current liabilities, 163154015.00 in common stock, $-209863637.00 in retained earnings and $58922.00 in goodwill. Its cash balance stood at $460147.00 and cash and short-term investments were $460147.00. The company’s total short-term debt was $6,794,526 while long-term debt stood at $0.

Taoping Inc’s total current assets stands at $20.22 million while long-term investments were $68717.00 and short-term investments were $0. Its net receivables were $6.55 million compared to accounts payable of $2.14 million and inventory worth $5.78 million.

In 2024, Taoping Inc's operating cash flow was $0 while its capital expenditure stood at $1.77 million.

Comparatively, Taoping Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.5

52-Week High

$10.2

52-Week Low

$2.14

Analyst Target Price

$

Taoping Inc stock is currently trading at $2.5 per share. It touched a 52-week high of $10.2 and a 52-week low of $10.2. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $3.98 and 200-day moving average was $6.27 The short ratio stood at 0.27 indicating a short percent outstanding of 0%.

Around 2930.6% of the company’s stock are held by insiders while 68.2% are held by institutions.