DOORDASH INC - A (DASH) Stock Fundamental Analysis
NASDAQ:DASH - Nasdaq - US25809K1051 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to DASH. DASH was compared to 131 industry peers in the Hotels, Restaurants & Leisure industry. No worries on liquidiy or solvency for DASH as it has an excellent financial health rating, but there are worries on the profitability. DASH is valued quite expensively, but it does show have an excellent growth rating.
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.
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 has a Return On Assets (2.50%) which is comparable to the rest of the industry.
The Return On Equity of DASH (4.04%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 2.18%, DASH is not doing good in the industry: 70.23% of the companies in the same industry are doing better.
| 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
Looking at the Profit Margin, with a value of 3.02%, DASH is in line with its industry, outperforming 49.62% of the companies in the same industry.
Looking at the Operating Margin, with a value of 2.33%, DASH is doing worse than 72.52% of the companies in the same industry.
With a Gross Margin value of 49.19%, DASH perfoms like the industry average, outperforming 54.96% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DASH is destroying value.
Compared to 1 year ago, DASH has more shares outstanding
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
DASH has an Altman-Z score of 12.46. This indicates that DASH is financially healthy and has little risk of bankruptcy at the moment.
DASH has a better Altman-Z score (12.46) than 97.71% of its industry peers.
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 | 12.46 |
ROIC/WACC0.24
WACC9.12%
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.
The Current ratio of DASH (1.72) is better than 80.15% of its industry peers.
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.
DASH has a better Quick ratio (1.72) than 80.92% of its industry peers.
| 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
Based on estimates for the next years, DASH will show a quite strong growth in Revenue. The Revenue will grow by 16.71% on average per year.
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
The Price/Earnings ratio is 247.24, which means the current valuation is very expensive for DASH.
DASH's Price/Earnings ratio is a bit more expensive when compared to the industry. DASH is more expensive than 64.89% of the companies in the same industry.
DASH's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.53.
Based on the Price/Forward Earnings ratio of 64.68, the valuation of DASH can be described as expensive.
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 64.12% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.71, DASH is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 247.24 | ||
| Fwd PE | 64.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DASH is valued more expensive than 83.21% 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 | 56.18 | ||
| EV/EBITDA | 113.79 |
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.
DASH's earnings are expected to grow with 124.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.67
PEG (5Y)N/A
EPS Next 2Y180.88%
EPS Next 3Y124.08%
5. Dividend
5.1 Amount
No dividends for DASH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
239.82
-0.71 (-0.3%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners96.63%
Inst Owner Change0.07%
Ins Owners0.62%
Ins Owner Change0.72%
Market Cap101.62B
Analysts79.58
Price Target237.75 (-0.86%)
Short Float %3.62%
Short Ratio3.25
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)6.55%
PT rev (3m)6.88%
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)0.06%
Revenue NQ rev (3m)-0.95%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-1.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 247.24 | ||
| Fwd PE | 64.68 | ||
| P/S | 9.04 | ||
| P/FCF | 56.18 | ||
| P/OCF | 45.9 | ||
| P/B | 12.11 | ||
| P/tB | 18.57 | ||
| EV/EBITDA | 113.79 |
EPS(TTM)0.97
EY0.4%
EPS(NY)3.71
Fwd EY1.55%
FCF(TTM)4.27
FCFY1.78%
OCF(TTM)5.22
OCFY2.18%
SpS26.53
BVpS19.8
TBVpS12.92
PEG (NY)0.67
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 | 12.46 |
F-Score9
WACC9.12%
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 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