DOORDASH INC - A (DASH) Stock Fundamental Analysis
NASDAQ:DASH - Nasdaq - US25809K1051 - Common Stock - Currency: USD
DASH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 133 industry peers in the Hotels, Restaurants & Leisure industry. While DASH has a great health rating, there are worries on its profitability. DASH shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
DASH had positive earnings in the past year.
DASH had a positive operating cash flow in the past year.
DASH had negative earnings in 4 of the past 5 years.
DASH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
DASH's Return On Assets of 2.50% is in line compared to the rest of the industry. DASH outperforms 51.88% of its industry peers.
With a Return On Equity value of 4.04%, DASH perfoms like the industry average, outperforming 58.65% of the companies in the same industry.
DASH's Return On Invested Capital of 2.18% is on the low side compared to the rest of the industry. DASH is outperformed by 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.5% | ||
| ROE | 4.04% | ||
| ROIC | 2.18% |
ROA(3y)-6.04%
ROA(5y)-6.45%
ROE(3y)-8.94%
ROE(5y)-9.33%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
DASH has a Profit Margin (3.02%) which is comparable to the rest of the industry.
The Operating Margin of DASH (2.33%) is worse than 73.68% of its industry peers.
DASH has a Gross Margin (49.19%) which is in line with its industry peers.
DASH's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.33% | ||
| PM (TTM) | 3.02% | ||
| GM | 49.19% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.53%
GM growth 5Y3.39%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so DASH is destroying value.
The number of shares outstanding for DASH has been increased compared to 1 year ago.
The number of shares outstanding for DASH has been increased compared to 5 years ago.
DASH has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
DASH has an Altman-Z score of 11.20. This indicates that DASH is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 11.20, DASH belongs to the best of the industry, outperforming 97.74% of the companies in the same industry.
There is no outstanding debt for DASH. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 11.2 |
ROIC/WACC0.24
WACC9.21%
2.3 Liquidity
DASH has a Current Ratio of 1.72. This is a normal value and indicates that DASH is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.72, DASH is doing good in the industry, outperforming 79.70% of the companies in the same industry.
DASH has a Quick Ratio of 1.72. This is a normal value and indicates that DASH is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 1.72, DASH belongs to the best of the industry, outperforming 80.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
DASH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 189.81%, which is quite impressive.
DASH shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.35%.
The Revenue has been growing by 64.69% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)189.81%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%833.33%
Revenue 1Y (TTM)23.35%
Revenue growth 3Y29.93%
Revenue growth 5Y64.69%
Sales Q2Q%20.65%
3.2 Future
The Earnings Per Share is expected to grow by 85.97% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 16.50% on average over the next years. This is quite good.
EPS Next Y377.21%
EPS Next 2Y184.71%
EPS Next 3Y125.83%
EPS Next 5Y85.97%
Revenue Next Year20.1%
Revenue Next 2Y19.42%
Revenue Next 3Y18.16%
Revenue Next 5Y16.5%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
DASH is valuated quite expensively with a Price/Earnings ratio of 221.62.
Compared to the rest of the industry, the Price/Earnings ratio of DASH indicates a slightly more expensive valuation: DASH is more expensive than 65.41% of the companies listed in the same industry.
DASH's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.59.
With a Price/Forward Earnings ratio of 56.43, DASH can be considered very expensive at the moment.
64.66% of the companies in the same industry are cheaper than DASH, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.39. DASH is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 221.62 | ||
| Fwd PE | 56.43 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DASH is valued expensively inside the industry as 82.71% of the companies are valued cheaper.
DASH's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 50.35 | ||
| EV/EBITDA | 100.79 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as DASH's earnings are expected to grow with 125.83% in the coming years.
PEG (NY)0.59
PEG (5Y)N/A
EPS Next 2Y184.71%
EPS Next 3Y125.83%
5. Dividend
5.1 Amount
No dividends for DASH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
214.97
-2.52 (-1.16%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners91.8%
Inst Owner Change6.41%
Ins Owners0.6%
Ins Owner Change-0.04%
Market Cap91.09B
Analysts79.58
Price Target223.13 (3.8%)
Short Float %3.89%
Short Ratio2.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.28%
Min EPS beat(2)-2.27%
Max EPS beat(2)10.82%
EPS beat(4)2
Avg EPS beat(4)-3.56%
Min EPS beat(4)-95.49%
Max EPS beat(4)72.71%
EPS beat(8)3
Avg EPS beat(8)-17.19%
EPS beat(12)4
Avg EPS beat(12)-28.74%
EPS beat(16)4
Avg EPS beat(16)-31.08%
Revenue beat(2)0
Avg Revenue beat(2)-2.4%
Min Revenue beat(2)-3.93%
Max Revenue beat(2)-0.86%
Revenue beat(4)1
Avg Revenue beat(4)-0.89%
Min Revenue beat(4)-3.93%
Max Revenue beat(4)1.51%
Revenue beat(8)5
Avg Revenue beat(8)0.05%
Revenue beat(12)9
Avg Revenue beat(12)0.89%
Revenue beat(16)12
Avg Revenue beat(16)2.01%
PT rev (1m)0.96%
PT rev (3m)0.87%
EPS NQ rev (1m)-2.93%
EPS NQ rev (3m)-3.58%
EPS NY rev (1m)3.66%
EPS NY rev (3m)1.13%
Revenue NQ rev (1m)-1.01%
Revenue NQ rev (3m)-0.86%
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 221.62 | ||
| Fwd PE | 56.43 | ||
| P/S | 8.1 | ||
| P/FCF | 50.35 | ||
| P/OCF | 41.14 | ||
| P/B | 10.86 | ||
| P/tB | 16.64 | ||
| EV/EBITDA | 100.79 |
EPS(TTM)0.97
EY0.45%
EPS(NY)3.81
Fwd EY1.77%
FCF(TTM)4.27
FCFY1.99%
OCF(TTM)5.22
OCFY2.43%
SpS26.53
BVpS19.8
TBVpS12.92
PEG (NY)0.59
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.5% | ||
| ROE | 4.04% | ||
| ROCE | 2.91% | ||
| ROIC | 2.18% | ||
| ROICexc | 6.18% | ||
| ROICexgc | 75% | ||
| OM | 2.33% | ||
| PM (TTM) | 3.02% | ||
| GM | 49.19% | ||
| FCFM | 16.09% |
ROA(3y)-6.04%
ROA(5y)-6.45%
ROE(3y)-8.94%
ROE(5y)-9.33%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.53%
GM growth 5Y3.39%
F-Score9
Asset Turnover0.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 70.93% | ||
| Cap/Sales | 3.6% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 265.79% | ||
| Profit Quality | 533.63% | ||
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.72 | ||
| Altman-Z | 11.2 |
F-Score9
WACC9.21%
ROIC/WACC0.24
Cap/Depr(3y)72.08%
Cap/Depr(5y)100.13%
Cap/Sales(3y)4.03%
Cap/Sales(5y)4.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)189.81%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%833.33%
EPS Next Y377.21%
EPS Next 2Y184.71%
EPS Next 3Y125.83%
EPS Next 5Y85.97%
Revenue 1Y (TTM)23.35%
Revenue growth 3Y29.93%
Revenue growth 5Y64.69%
Sales Q2Q%20.65%
Revenue Next Year20.1%
Revenue Next 2Y19.42%
Revenue Next 3Y18.16%
Revenue Next 5Y16.5%
EBIT growth 1Y155.86%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year4509.25%
EBIT Next 3Y322.84%
EBIT Next 5Y159.2%
FCF growth 1Y322.66%
FCF growth 3Y58.22%
FCF growth 5YN/A
OCF growth 1Y182.4%
OCF growth 3Y45.51%
OCF growth 5YN/A