DOCEBO INC (DCBO.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:DCBO - CA25609L1058 - Common Stock
30.01 CAD
-0.47 (-1.54%)
We assign a fundamental rating of 6 out of 10 to DCBO. DCBO was compared to 67 industry peers in the Software industry. DCBO has an excellent financial health rating, but there are some minor concerns on its profitability. DCBO is evaluated to be cheap and growing strongly. This does not happen too often! With these ratings, DCBO could be worth investigating further for value and growth investing!.
1. Profitability
1.1 Basic Checks
DCBO had positive earnings in the past year.
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.
Of the past 5 years DCBO 4 years had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 13.03%, DCBO belongs to the best of the industry, outperforming 91.04% of the companies in the same industry.
With an excellent Return On Equity value of 49.89%, DCBO belongs to the best of the industry, outperforming 94.03% of the companies in the same industry.
With an excellent Return On Invested Capital value of 29.21%, DCBO belongs to the best of the industry, outperforming 97.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.03% | ||
| ROE | 49.89% | ||
| ROIC | 29.21% |
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
Looking at the Profit Margin, with a value of 9.54%, DCBO is in the better half of the industry, outperforming 76.12% of the companies in the same industry.
DCBO's Operating Margin of 10.98% is fine compared to the rest of the industry. DCBO outperforms 74.63% of its industry peers.
With an excellent Gross Margin value of 80.80%, DCBO belongs to the best of the industry, outperforming 86.57% of the companies in the same industry.
In the last couple of years the Gross Margin of DCBO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.98% | ||
| PM (TTM) | 9.54% | ||
| GM | 80.8% |
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.
Compared to 1 year ago, DCBO has about the same amount of shares outstanding.
DCBO has more shares outstanding than it did 5 years ago.
The debt/assets ratio for DCBO has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.22 indicates that DCBO is not in any danger for bankruptcy at the moment.
The Altman-Z score of DCBO (3.22) is better than 61.19% of its industry peers.
The Debt to FCF ratio of DCBO is 0.10, which is an excellent value as it means it would take DCBO, only 0.10 years of fcf income to pay off all of its debts.
DCBO has a Debt to FCF ratio of 0.10. This is amongst the best in the industry. DCBO outperforms 89.55% of its industry peers.
DCBO has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.05, DCBO is in the better half of the industry, outperforming 67.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.1 | ||
| Altman-Z | 3.22 |
ROIC/WACC2.92
WACC10.01%
2.3 Liquidity
A Current Ratio of 1.13 indicates that DCBO should not have too much problems paying its short term obligations.
DCBO has a Current ratio (1.13) which is in line with its industry peers.
DCBO has a Quick Ratio of 1.13. This is a normal value and indicates that DCBO is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of DCBO (1.13) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
DCBO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 120.69%, which is quite impressive.
DCBO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.16%.
DCBO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 39.25% yearly.
EPS 1Y (TTM)120.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%112.5%
Revenue 1Y (TTM)13.16%
Revenue growth 3Y27.67%
Revenue growth 5Y39.25%
Sales Q2Q%11.16%
3.2 Future
DCBO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.76% yearly.
The Revenue is expected to grow by 24.94% on average over the next years. This is a very strong growth
EPS Next Y52.01%
EPS Next 2Y33.13%
EPS Next 3Y24.83%
EPS Next 5Y27.76%
Revenue Next Year11.86%
Revenue Next 2Y9.62%
Revenue Next 3Y9.58%
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
A Price/Earnings ratio of 16.86 indicates a correct valuation of DCBO.
Based on the Price/Earnings ratio, DCBO is valued cheaply inside the industry as 82.09% of the companies are valued more expensively.
DCBO is valuated rather cheaply when we compare the Price/Earnings ratio to 27.25, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 14.18, which indicates a correct valuation of DCBO.
Based on the Price/Forward Earnings ratio, DCBO is valued a bit cheaper than 77.61% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of DCBO to the average of the S&P500 Index (23.98), we can say DCBO is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.86 | ||
| Fwd PE | 14.18 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DCBO is valued a bit cheaper than 65.67% of the companies in the same industry.
DCBO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. DCBO is cheaper than 76.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.09 | ||
| EV/EBITDA | 19.33 |
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.
The decent profitability rating of DCBO may justify a higher PE ratio.
A more expensive valuation may be justified as DCBO's earnings are expected to grow with 24.83% in the coming years.
PEG (NY)0.32
PEG (5Y)N/A
EPS Next 2Y33.13%
EPS Next 3Y24.83%
5. Dividend
5.1 Amount
No dividends for DCBO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:DCBO (1/12/2026, 7:00:00 PM)
30.01
-0.47 (-1.54%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners35.28%
Inst Owner ChangeN/A
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap862.19M
Revenue(TTM)236.69M
Net Income(TTM)22.57M
Analysts80
Price Target38.04 (26.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)14.54%
Min EPS beat(2)1.01%
Max EPS beat(2)28.07%
EPS beat(4)4
Avg EPS beat(4)48.23%
Min EPS beat(4)1.01%
Max EPS beat(4)137.79%
EPS beat(8)7
Avg EPS beat(8)24.84%
EPS beat(12)10
Avg EPS beat(12)79.61%
EPS beat(16)13
Avg EPS beat(16)103.19%
Revenue beat(2)1
Avg Revenue beat(2)0.24%
Min Revenue beat(2)-0.86%
Max Revenue beat(2)1.34%
Revenue beat(4)1
Avg Revenue beat(4)-0.41%
Min Revenue beat(4)-1.61%
Max Revenue beat(4)1.34%
Revenue beat(8)2
Avg Revenue beat(8)-0.43%
Revenue beat(12)2
Avg Revenue beat(12)-0.67%
Revenue beat(16)2
Avg Revenue beat(16)-0.97%
PT rev (1m)0%
PT rev (3m)-8.03%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.8%
EPS NY rev (1m)0%
EPS NY rev (3m)10.3%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.86 | ||
| Fwd PE | 14.18 | ||
| P/S | 2.62 | ||
| P/FCF | 22.09 | ||
| P/OCF | 21.26 | ||
| P/B | 13.73 | ||
| P/tB | 21.05 | ||
| EV/EBITDA | 19.33 |
EPS(TTM)1.78
EY5.93%
EPS(NY)2.12
Fwd EY7.05%
FCF(TTM)1.36
FCFY4.53%
OCF(TTM)1.41
OCFY4.7%
SpS11.44
BVpS2.19
TBVpS1.43
PEG (NY)0.32
PEG (5Y)N/A
Graham Number9.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.03% | ||
| ROE | 49.89% | ||
| ROCE | 49.84% | ||
| ROIC | 29.21% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 10.98% | ||
| PM (TTM) | 9.54% | ||
| GM | 80.8% | ||
| FCFM | 11.88% |
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
ROICexgc growth 3YN/A
ROICexgc 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-Score7
Asset Turnover1.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.1 | ||
| Debt/EBITDA | 0.07 | ||
| Cap/Depr | 33.69% | ||
| Cap/Sales | 0.46% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 99.87% | ||
| Profit Quality | 124.57% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 | ||
| Altman-Z | 3.22 |
F-Score7
WACC10.01%
ROIC/WACC2.92
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)120.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%112.5%
EPS Next Y52.01%
EPS Next 2Y33.13%
EPS Next 3Y24.83%
EPS Next 5Y27.76%
Revenue 1Y (TTM)13.16%
Revenue growth 3Y27.67%
Revenue growth 5Y39.25%
Sales Q2Q%11.16%
Revenue Next Year11.86%
Revenue Next 2Y9.62%
Revenue Next 3Y9.58%
Revenue Next 5Y24.94%
EBIT growth 1Y52.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year131.07%
EBIT Next 3Y46.26%
EBIT Next 5Y33.26%
FCF growth 1Y153.87%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y150.06%
OCF growth 3YN/A
OCF growth 5YN/A
DOCEBO INC / DCBO.CA FAQ
Can you provide the ChartMill fundamental rating for DOCEBO INC?
ChartMill assigns a fundamental rating of 6 / 10 to DCBO.CA.
What is the valuation status of DOCEBO INC (DCBO.CA) stock?
ChartMill assigns a valuation rating of 6 / 10 to DOCEBO INC (DCBO.CA). This can be considered as Fairly Valued.
How profitable is DOCEBO INC (DCBO.CA) stock?
DOCEBO INC (DCBO.CA) has a profitability rating of 6 / 10.
How financially healthy is DOCEBO INC?
The financial health rating of DOCEBO INC (DCBO.CA) is 7 / 10.