DOCEBO INC (DCBO.CA) Stock Fundamental Analysis
TSX:DCBO - CA25609L1058 - Common Stock
42.97 CAD
+0.44 (+1.03%)
DCBO gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 63 industry peers in the Software industry. DCBO is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. DCBO is not priced too expensively while it is growing strongly. Keep and eye on this one! This makes DCBO very considerable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year DCBO was profitable.
In the past year DCBO had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: DCBO reported negative net income in multiple years.
DCBO had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of DCBO (12.51%) is better than 88.89% of its industry peers.
The Return On Equity of DCBO (61.75%) is better than 95.24% of its industry peers.
DCBO has a Return On Invested Capital of 32.53%. This is amongst the best in the industry. DCBO outperforms 96.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.51% | ||
| ROE | 61.75% | ||
| ROIC | 32.53% |
ROA(3y)6.1%
ROA(5y)2.04%
ROE(3y)18.51%
ROE(5y)8.92%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
DCBO's Profit Margin of 9.29% is amongst the best of the industry. DCBO outperforms 84.13% of its industry peers.
DCBO has a better Operating Margin (9.67%) than 77.78% of its industry peers.
With an excellent Gross Margin value of 81.00%, DCBO belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
DCBO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.67% | ||
| PM (TTM) | 9.29% | ||
| GM | 81% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.38%
GM growth 5Y0.22%
2. Health
2.1 Basic Checks
DCBO has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for DCBO remains at a similar level compared to 1 year ago.
The number of shares outstanding for DCBO has been increased compared to 5 years ago.
DCBO has a better debt/assets ratio than last year.
2.2 Solvency
DCBO has an Altman-Z score of 3.94. This indicates that DCBO is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.94, DCBO is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
The Debt to FCF ratio of DCBO is 0.05, which is an excellent value as it means it would take DCBO, only 0.05 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.05, DCBO belongs to the best of the industry, outperforming 93.65% of the companies in the same industry.
A Debt/Equity ratio of 0.01 indicates that DCBO is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.01, DCBO is doing good in the industry, outperforming 79.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 3.94 |
ROIC/WACC3.11
WACC10.47%
2.3 Liquidity
A Current Ratio of 1.04 indicates that DCBO should not have too much problems paying its short term obligations.
DCBO has a Current ratio (1.04) which is in line with its industry peers.
A Quick Ratio of 1.04 indicates that DCBO should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.04, DCBO is in line with its industry, outperforming 47.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 103.70% over the past year.
The Revenue has grown by 15.11% in the past year. This is quite good.
DCBO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 39.25% yearly.
EPS 1Y (TTM)103.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%93.33%
Revenue 1Y (TTM)15.11%
Revenue growth 3Y27.67%
Revenue growth 5Y39.25%
Sales Q2Q%14.47%
3.2 Future
Based on estimates for the next years, DCBO will show a very strong growth in Earnings Per Share. The EPS will grow by 27.76% on average per year.
DCBO is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 24.94% yearly.
EPS Next Y35.45%
EPS Next 2Y32.13%
EPS Next 3Y34.47%
EPS Next 5Y27.76%
Revenue Next Year11.22%
Revenue Next 2Y9.78%
Revenue Next 3Y9.84%
Revenue Next 5Y24.94%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 28.27, the valuation of DCBO can be described as expensive.
Based on the Price/Earnings ratio, DCBO is valued a bit cheaper than the industry average as 79.37% of the companies are valued more expensively.
DCBO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.03.
With a Price/Forward Earnings ratio of 20.70, DCBO is valued on the expensive side.
Based on the Price/Forward Earnings ratio, DCBO is valued a bit cheaper than 77.78% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.63. DCBO is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.27 | ||
| Fwd PE | 20.7 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DCBO is valued a bit cheaper than 66.67% of the companies in the same industry.
73.02% of the companies in the same industry are more expensive than DCBO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.19 | ||
| EV/EBITDA | 32.33 |
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.
DCBO has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as DCBO's earnings are expected to grow with 34.47% in the coming years.
PEG (NY)0.8
PEG (5Y)N/A
EPS Next 2Y32.13%
EPS Next 3Y34.47%
5. Dividend
5.1 Amount
DCBO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:DCBO (8/22/2025, 7:00:00 PM)
42.97
+0.44 (+1.03%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners36.86%
Inst Owner ChangeN/A
Ins Owners1.46%
Ins Owner ChangeN/A
Market Cap1.23B
Analysts78.67
Price Target41.36 (-3.75%)
Short Float %N/A
Short RatioN/A
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)2
Avg EPS beat(2)27.06%
Min EPS beat(2)26.05%
Max EPS beat(2)28.07%
EPS beat(4)3
Avg EPS beat(4)29.97%
Min EPS beat(4)-25.3%
Max EPS beat(4)91.05%
EPS beat(8)7
Avg EPS beat(8)25.98%
EPS beat(12)10
Avg EPS beat(12)127.22%
EPS beat(16)13
Avg EPS beat(16)107.92%
Revenue beat(2)1
Avg Revenue beat(2)-0.14%
Min Revenue beat(2)-1.61%
Max Revenue beat(2)1.34%
Revenue beat(4)2
Avg Revenue beat(4)-0.11%
Min Revenue beat(4)-1.61%
Max Revenue beat(4)1.34%
Revenue beat(8)2
Avg Revenue beat(8)-0.44%
Revenue beat(12)2
Avg Revenue beat(12)-0.71%
Revenue beat(16)3
Avg Revenue beat(16)-0.87%
PT rev (1m)3.17%
PT rev (3m)-15.37%
EPS NQ rev (1m)13.43%
EPS NQ rev (3m)6.52%
EPS NY rev (1m)-2.91%
EPS NY rev (3m)-2.91%
Revenue NQ rev (1m)1.52%
Revenue NQ rev (3m)-3.09%
Revenue NY rev (1m)-0.48%
Revenue NY rev (3m)-0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.27 | ||
| Fwd PE | 20.7 | ||
| P/S | 3.87 | ||
| P/FCF | 33.19 | ||
| P/OCF | 31.61 | ||
| P/B | 25.75 | ||
| P/tB | 47.49 | ||
| EV/EBITDA | 32.33 |
EPS(TTM)1.52
EY3.54%
EPS(NY)2.08
Fwd EY4.83%
FCF(TTM)1.29
FCFY3.01%
OCF(TTM)1.36
OCFY3.16%
SpS11.09
BVpS1.67
TBVpS0.9
PEG (NY)0.8
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.51% | ||
| ROE | 61.75% | ||
| ROCE | 55.51% | ||
| ROIC | 32.53% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 9.67% | ||
| PM (TTM) | 9.29% | ||
| GM | 81% | ||
| FCFM | 11.67% |
ROA(3y)6.1%
ROA(5y)2.04%
ROE(3y)18.51%
ROE(5y)8.92%
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 3Y0.38%
GM growth 5Y0.22%
F-Score8
Asset Turnover1.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 39.68% | ||
| Cap/Sales | 0.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 110.06% | ||
| Profit Quality | 125.62% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 3.94 |
F-Score8
WACC10.47%
ROIC/WACC3.11
Cap/Depr(3y)34.45%
Cap/Depr(5y)55.59%
Cap/Sales(3y)0.56%
Cap/Sales(5y)1.02%
Profit Quality(3y)220.57%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)103.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%93.33%
EPS Next Y35.45%
EPS Next 2Y32.13%
EPS Next 3Y34.47%
EPS Next 5Y27.76%
Revenue 1Y (TTM)15.11%
Revenue growth 3Y27.67%
Revenue growth 5Y39.25%
Sales Q2Q%14.47%
Revenue Next Year11.22%
Revenue Next 2Y9.78%
Revenue Next 3Y9.84%
Revenue Next 5Y24.94%
EBIT growth 1Y84.74%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year120.45%
EBIT Next 3Y50.2%
EBIT Next 5Y32.58%
FCF growth 1Y380.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y338.61%
OCF growth 3YN/A
OCF growth 5YN/A