DOCEBO INC (DCBO.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:DCBO - CA25609L1058 - Common Stock
30.37 CAD
+0.19 (+0.63%)
Overall DCBO gets a fundamental rating of 6 out of 10. We evaluated DCBO 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. An interesting combination arises when we look at growth and value: DCBO is growing strongly while it also seems undervalued. These ratings would make DCBO suitable 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.
DCBO had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of DCBO (13.03%) is better than 93.65% of its industry peers.
Looking at the Return On Equity, with a value of 49.89%, DCBO belongs to the top of the industry, outperforming 96.83% 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 98.41% 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
With an excellent Profit Margin value of 9.54%, DCBO belongs to the best of the industry, outperforming 80.95% of the companies in the same industry.
With a decent Operating Margin value of 10.98%, DCBO is doing good in the industry, outperforming 74.60% of the companies in the same industry.
DCBO has a Gross Margin of 80.80%. This is amongst the best in the industry. DCBO outperforms 87.30% of its industry peers.
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so DCBO is creating value.
DCBO has about the same amout of shares outstanding than it did 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 3.19. This indicates that DCBO is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.19, DCBO perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
DCBO has a debt to FCF ratio of 0.10. This is a very positive value and a sign of high solvency as it would only need 0.10 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.10, DCBO belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
A Debt/Equity ratio of 0.05 indicates that DCBO is not too dependend on debt financing.
DCBO has a Debt to Equity ratio of 0.05. This is in the better half of the industry: DCBO outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.1 | ||
| Altman-Z | 3.19 |
ROIC/WACC2.96
WACC9.88%
2.3 Liquidity
A Current Ratio of 1.13 indicates that DCBO should not have too much problems paying its short term obligations.
The Current ratio of DCBO (1.13) is comparable to the rest of the industry.
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.
DCBO has a Quick ratio of 1.13. This is comparable to the rest of the industry: DCBO outperforms 47.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 120.69% over the past year.
The Revenue has grown by 13.16% 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)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
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.
Based on estimates for the next years, DCBO will show a very strong growth in Revenue. The Revenue will grow by 24.94% on average per year.
EPS Next Y40.15%
EPS Next 2Y34.86%
EPS Next 3Y34.47%
EPS Next 5Y27.76%
Revenue Next Year11.2%
Revenue Next 2Y9.77%
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
DCBO is valuated rather expensively with a Price/Earnings ratio of 17.06.
DCBO's Price/Earnings ratio is rather cheap when compared to the industry. DCBO is cheaper than 87.30% of the companies in the same industry.
DCBO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.41.
Based on the Price/Forward Earnings ratio of 13.93, the valuation of DCBO can be described as correct.
Based on the Price/Forward Earnings ratio, DCBO is valued a bit cheaper than the industry average as 79.37% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of DCBO to the average of the S&P500 Index (35.40), we can say DCBO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | 13.93 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DCBO indicates a somewhat cheap valuation: DCBO is cheaper than 65.08% of the companies listed in the same industry.
77.78% 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 | 22.26 | ||
| EV/EBITDA | 19.1 |
4.3 Compensation for Growth
DCBO's 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 34.47% in the coming years.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y34.86%
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 (12/4/2025, 7:00:00 PM)
30.37
+0.19 (+0.63%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners31.4%
Inst Owner ChangeN/A
Ins Owners1.51%
Ins Owner ChangeN/A
Market Cap872.53M
Revenue(TTM)236.69M
Net Income(TTM)22.57M
Analysts78.75
Price Target38.04 (25.26%)
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)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)-8.03%
PT rev (3m)-8.03%
EPS NQ rev (1m)-1.8%
EPS NQ rev (3m)-1.8%
EPS NY rev (1m)1.69%
EPS NY rev (3m)3.47%
Revenue NQ rev (1m)1.4%
Revenue NQ rev (3m)1.36%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | 13.93 | ||
| P/S | 2.64 | ||
| P/FCF | 22.26 | ||
| P/OCF | 21.42 | ||
| P/B | 13.83 | ||
| P/tB | 21.2 | ||
| EV/EBITDA | 19.1 |
EPS(TTM)1.78
EY5.86%
EPS(NY)2.18
Fwd EY7.18%
FCF(TTM)1.36
FCFY4.49%
OCF(TTM)1.42
OCFY4.67%
SpS11.49
BVpS2.2
TBVpS1.43
PEG (NY)0.42
PEG (5Y)N/A
Graham Number9.38
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 | 3.19 |
F-Score7
WACC9.88%
ROIC/WACC2.96
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 Y40.15%
EPS Next 2Y34.86%
EPS Next 3Y34.47%
EPS Next 5Y27.76%
Revenue 1Y (TTM)13.16%
Revenue growth 3Y27.67%
Revenue growth 5Y39.25%
Sales Q2Q%11.16%
Revenue Next Year11.2%
Revenue Next 2Y9.77%
Revenue Next 3Y9.84%
Revenue Next 5Y24.94%
EBIT growth 1Y52.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year125.27%
EBIT Next 3Y50.67%
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.
Can you provide the valuation status for DOCEBO INC?
ChartMill assigns a valuation rating of 7 / 10 to DOCEBO INC (DCBO.CA). This can be considered as Undervalued.
Can you provide the profitability details for DOCEBO INC?
DOCEBO INC (DCBO.CA) has a profitability rating of 6 / 10.
What is the financial health of DOCEBO INC (DCBO.CA) stock?
The financial health rating of DOCEBO INC (DCBO.CA) is 7 / 10.
Can you provide the expected EPS growth for DCBO stock?
The Earnings per Share (EPS) of DOCEBO INC (DCBO.CA) is expected to grow by 40.15% in the next year.