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 131 industry peers in the Hotels, Restaurants & Leisure industry. DASH has a great financial health rating, but its profitability evaluates not so good. DASH shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
In the past year DASH was profitable.
In the past year DASH had a positive cash flow from operations.
In the past 5 years DASH reported 4 times negative net income.
DASH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
DASH has a Return On Assets (2.50%) which is in line with its industry peers.
DASH's Return On Equity of 4.04% is in line compared to the rest of the industry. DASH outperforms 59.54% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.18%, DASH is doing worse than 70.23% of the companies in the same industry.
| 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
The Profit Margin of DASH (3.02%) is comparable to the rest of the industry.
DASH has a worse Operating Margin (2.33%) than 72.52% of its industry peers.
The Gross Margin of DASH (49.19%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of DASH has grown nicely.
| 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 12.59. This indicates that DASH is financially healthy and has little risk of bankruptcy at the moment.
DASH has a Altman-Z score of 12.59. This is amongst the best in the industry. DASH outperforms 96.95% of its industry peers.
DASH has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 12.59 |
ROIC/WACC0.23
WACC9.44%
2.3 Liquidity
A Current Ratio of 1.72 indicates that DASH should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.72, DASH belongs to the top of the industry, outperforming 80.15% 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 80.92% 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%.
Measured over the past years, DASH shows a very strong growth in Revenue. The Revenue has been growing by 64.69% on average per year.
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
Based on estimates for the next years, DASH will show a very strong growth in Earnings Per Share. The EPS will grow by 85.97% on average per year.
The Revenue is expected to grow by 16.71% on average over the next years. This is quite good.
EPS Next Y367.06%
EPS Next 2Y180.88%
EPS Next 3Y124.08%
EPS Next 5Y85.97%
Revenue Next Year20.13%
Revenue Next 2Y19.52%
Revenue Next 3Y18.32%
Revenue Next 5Y16.71%
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
With a Price/Earnings ratio of 255.67, DASH can be considered very expensive at the moment.
Based on the Price/Earnings ratio, DASH is valued a bit more expensive than the industry average as 64.89% of the companies are valued more cheaply.
DASH is valuated expensively when we compare the Price/Earnings ratio to 27.61, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 66.88 indicates a quite expensive valuation of DASH.
DASH's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. DASH is more expensive than 64.12% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.13, DASH is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 255.67 | ||
| Fwd PE | 66.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DASH is valued more expensive than 83.97% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DASH is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 58.09 | ||
| EV/EBITDA | 115.15 |
4.3 Compensation for Growth
DASH's 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 124.08% in the coming years.
PEG (NY)0.7
PEG (5Y)N/A
EPS Next 2Y180.88%
EPS Next 3Y124.08%
5. Dividend
5.1 Amount
DASH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
248
+4.8 (+1.97%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners96.63%
Inst Owner Change0.1%
Ins Owners0.62%
Ins Owner Change0.72%
Market Cap105.09B
Analysts79.58
Price Target237.75 (-4.13%)
Short Float %3.09%
Short Ratio3.14
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)6.51%
PT rev (3m)7.5%
EPS NQ rev (1m)0.33%
EPS NQ rev (3m)-2.62%
EPS NY rev (1m)-0.84%
EPS NY rev (3m)1.46%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)-0.92%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-0.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 255.67 | ||
| Fwd PE | 66.88 | ||
| P/S | 9.35 | ||
| P/FCF | 58.09 | ||
| P/OCF | 47.47 | ||
| P/B | 12.53 | ||
| P/tB | 19.2 | ||
| EV/EBITDA | 115.15 |
EPS(TTM)0.97
EY0.39%
EPS(NY)3.71
Fwd EY1.5%
FCF(TTM)4.27
FCFY1.72%
OCF(TTM)5.22
OCFY2.11%
SpS26.53
BVpS19.8
TBVpS12.92
PEG (NY)0.7
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 | 12.59 |
F-Score9
WACC9.44%
ROIC/WACC0.23
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 Y367.06%
EPS Next 2Y180.88%
EPS Next 3Y124.08%
EPS Next 5Y85.97%
Revenue 1Y (TTM)23.35%
Revenue growth 3Y29.93%
Revenue growth 5Y64.69%
Sales Q2Q%20.65%
Revenue Next Year20.13%
Revenue Next 2Y19.52%
Revenue Next 3Y18.32%
Revenue Next 5Y16.71%
EBIT growth 1Y155.86%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year4509.25%
EBIT Next 3Y322.84%
EBIT Next 5Y159.83%
FCF growth 1Y322.66%
FCF growth 3Y58.22%
FCF growth 5YN/A
OCF growth 1Y182.4%
OCF growth 3Y45.51%
OCF growth 5YN/A