DOORDASH INC - A (DASH) Stock Fundamental Analysis
NASDAQ:DASH - Nasdaq - US25809K1051 - Common Stock - Currency: USD
Taking everything into account, DASH scores 5 out of 10 in our fundamental rating. DASH was compared to 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
In the past year DASH was profitable.
DASH had a positive operating cash flow in the past year.
DASH had negative earnings in 4 of the past 5 years.
Each year in the past 5 years DASH had a positive operating cash flow.
1.2 Ratios
DASH's Return On Assets of 2.50% is in line compared to the rest of the industry. DASH outperforms 52.63% of its industry peers.
With a Return On Equity value of 4.04%, DASH perfoms like the industry average, outperforming 59.40% of the companies in the same industry.
DASH has a Return On Invested Capital of 2.18%. This is in the lower half of the industry: DASH underperforms 70.68% 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 72.93% of its industry peers.
DASH has a Gross Margin (49.19%) which is in line with its industry peers.
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
DASH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
DASH has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, DASH has more shares outstanding
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.
2.2 Solvency
An Altman-Z score of 12.75 indicates that DASH is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 12.75, DASH belongs to the top of the industry, outperforming 99.25% of the companies in the same industry.
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 | 12.75 |
ROIC/WACC0.24
WACC8.93%
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.
A Quick Ratio of 1.72 indicates that DASH should not have too much problems paying 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
The Earnings Per Share has grown by an impressive 189.81% over the past year.
The Revenue has grown by 23.35% in the past year. This is a very strong growth!
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
The Earnings Per Share is expected to grow by 85.97% on average over the next years. This is a very strong growth
DASH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.71% yearly.
EPS Next Y370.99%
EPS Next 2Y181.28%
EPS Next 3Y124.23%
EPS Next 5Y85.97%
Revenue Next Year20.08%
Revenue Next 2Y19.4%
Revenue Next 3Y18.21%
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
Based on the Price/Earnings ratio of 245.37, the valuation of DASH can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of DASH indicates a slightly more expensive valuation: DASH is more expensive than 64.66% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.21, DASH is valued quite expensively.
With a Price/Forward Earnings ratio of 64.01, DASH can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DASH indicates a slightly more expensive valuation: DASH is more expensive than 63.91% of the companies listed in the same industry.
DASH's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 21.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 245.37 | ||
| Fwd PE | 64.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DASH is valued more expensive than 82.71% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as DASH.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 55.75 | ||
| EV/EBITDA | 116.83 |
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.
DASH's earnings are expected to grow with 124.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.66
PEG (5Y)N/A
EPS Next 2Y181.28%
EPS Next 3Y124.23%
5. Dividend
5.1 Amount
No dividends for DASH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
238.01
-8.5 (-3.45%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners96.63%
Inst Owner Change6.41%
Ins Owners0.62%
Ins Owner Change0.75%
Market Cap100.85B
Analysts79.58
Price Target223.22 (-6.21%)
Short Float %4.12%
Short Ratio3.74
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)1%
PT rev (3m)0.49%
EPS NQ rev (1m)-10.57%
EPS NQ rev (3m)-2.69%
EPS NY rev (1m)-1.3%
EPS NY rev (3m)-0.19%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)-0.86%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-1.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 245.37 | ||
| Fwd PE | 64.01 | ||
| P/S | 8.97 | ||
| P/FCF | 55.75 | ||
| P/OCF | 45.55 | ||
| P/B | 12.02 | ||
| P/tB | 18.43 | ||
| EV/EBITDA | 116.83 |
EPS(TTM)0.97
EY0.41%
EPS(NY)3.72
Fwd EY1.56%
FCF(TTM)4.27
FCFY1.79%
OCF(TTM)5.22
OCFY2.2%
SpS26.53
BVpS19.8
TBVpS12.92
PEG (NY)0.66
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 | 12.75 |
F-Score9
WACC8.93%
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 Y370.99%
EPS Next 2Y181.28%
EPS Next 3Y124.23%
EPS Next 5Y85.97%
Revenue 1Y (TTM)23.35%
Revenue growth 3Y29.93%
Revenue growth 5Y64.69%
Sales Q2Q%20.65%
Revenue Next Year20.08%
Revenue Next 2Y19.4%
Revenue Next 3Y18.21%
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