DOCEBO INC (DCBO) Stock Fundamental Analysis
USA - NASDAQ:DCBO - CA25609L1058 - Common Stock
23.48 USD
-0.88 (-3.61%)
23.48 USD
0 (0%)
Taking everything into account, DCBO scores 6 out of 10 in our fundamental rating. DCBO was compared to 281 industry peers in the Software industry. Both the profitability and the financial health of DCBO get a neutral evaluation. Nothing too spectacular is happening here. An interesting combination arises when we look at growth and value: DCBO is growing strongly while it also seems undervalued. These ratings could make DCBO a good candidate 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
DCBO has a better Return On Assets (12.51%) than 89.47% of its industry peers.
DCBO has a better Return On Equity (61.75%) than 96.84% of its industry peers.
Looking at the Return On Invested Capital, with a value of 32.53%, DCBO belongs to the top of the industry, outperforming 97.19% of the companies in the same industry.
| 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
The Profit Margin of DCBO (9.29%) is better than 72.28% of its industry peers.
DCBO has a Operating Margin of 9.67%. This is in the better half of the industry: DCBO outperforms 74.39% of its industry peers.
DCBO has a better Gross Margin (81.00%) than 84.21% 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 | 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), DCBO is creating value.
Compared to 1 year ago, DCBO has about the same amount of shares outstanding.
The number of shares outstanding for DCBO has been increased compared to 5 years ago.
The debt/assets ratio for DCBO has been reduced compared to a year ago.
2.2 Solvency
DCBO has an Altman-Z score of 2.98. This is not the best score and indicates that DCBO is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of DCBO (2.98) is comparable to the rest of the industry.
DCBO has a debt to FCF ratio of 0.05. This is a very positive value and a sign of high solvency as it would only need 0.05 years to pay back of all of its debts.
DCBO has a better Debt to FCF ratio (0.05) than 82.81% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that DCBO is not too dependend on debt financing.
DCBO has a Debt to Equity ratio of 0.01. This is in the better half of the industry: DCBO outperforms 64.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 2.98 |
ROIC/WACC3.22
WACC10.1%
2.3 Liquidity
A Current Ratio of 1.04 indicates that DCBO should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.04, DCBO is doing worse than 70.18% of the companies in the same industry.
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 doing worse than 69.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 |
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.
The Revenue has grown by 19.96% in the past year. This is quite good.
The Revenue has been growing by 39.25% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)120.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%112.5%
Revenue 1Y (TTM)19.96%
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.
The Revenue is expected to grow by 24.94% on average over the next years. This is a very strong growth
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
Based on the Price/Earnings ratio of 18.34, the valuation of DCBO can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of DCBO indicates a somewhat cheap valuation: DCBO is cheaper than 77.54% of the companies listed in the same industry.
DCBO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.06.
Based on the Price/Forward Earnings ratio of 15.01, the valuation of DCBO can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DCBO indicates a rather cheap valuation: DCBO is cheaper than 81.75% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of DCBO to the average of the S&P500 Index (32.73), we can say DCBO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.34 | ||
| Fwd PE | 15.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DCBO is valued a bit cheaper than the industry average as 77.54% of the companies are valued more expensively.
75.09% 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 | 25.07 | ||
| EV/EBITDA | 23.82 |
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 34.47% in the coming years.
PEG (NY)0.46
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 |
23.48
-0.88 (-3.61%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners31.4%
Inst Owner Change0.37%
Ins Owners1.51%
Ins Owner ChangeN/A
Market Cap674.58M
Revenue(TTM)216.93M
Net Income(TTM)21.42M
Analysts78.75
Price Target29.51 (25.68%)
Short Float %2.22%
Short Ratio3.76
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)41.65%
Min EPS beat(4)-25.3%
Max EPS beat(4)137.79%
EPS beat(8)7
Avg EPS beat(8)31.82%
EPS beat(12)10
Avg EPS beat(12)131.11%
EPS beat(16)13
Avg EPS beat(16)110.84%
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)-0.61%
PT rev (3m)1.07%
EPS NQ rev (1m)1.02%
EPS NQ rev (3m)14.58%
EPS NY rev (1m)1.69%
EPS NY rev (3m)0.46%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)1.58%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)1.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.34 | ||
| Fwd PE | 15.01 | ||
| P/S | 2.93 | ||
| P/FCF | 25.07 | ||
| P/OCF | 23.88 | ||
| P/B | 19.45 | ||
| P/tB | 35.88 | ||
| EV/EBITDA | 23.82 |
EPS(TTM)1.28
EY5.45%
EPS(NY)1.56
Fwd EY6.66%
FCF(TTM)0.94
FCFY3.99%
OCF(TTM)0.98
OCFY4.19%
SpS8.02
BVpS1.21
TBVpS0.65
PEG (NY)0.46
PEG (5Y)N/A
Graham Number5.9
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
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-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 | 2.98 |
F-Score8
WACC10.1%
ROIC/WACC3.22
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)19.96%
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 1Y84.74%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year125.27%
EBIT Next 3Y50.67%
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
DOCEBO INC / DCBO FAQ
Can you provide the ChartMill fundamental rating for DOCEBO INC?
ChartMill assigns a fundamental rating of 6 / 10 to DCBO.
Can you provide the valuation status for DOCEBO INC?
ChartMill assigns a valuation rating of 7 / 10 to DOCEBO INC (DCBO). This can be considered as Undervalued.
Can you provide the profitability details for DOCEBO INC?
DOCEBO INC (DCBO) has a profitability rating of 6 / 10.
What is the financial health of DOCEBO INC (DCBO) stock?
The financial health rating of DOCEBO INC (DCBO) is 6 / 10.
Can you provide the expected EPS growth for DCBO stock?
The Earnings per Share (EPS) of DOCEBO INC (DCBO) is expected to grow by 40.15% in the next year.