DYE & DURHAM LTD (DND.CA) Stock Fundamental Analysis
TSX:DND - Toronto Stock Exchange - CA2674881040 - Common Stock - Currency: CAD
Taking everything into account, DND scores 3 out of 10 in our fundamental rating. DND was compared to 63 industry peers in the Software industry. DND has a medium profitability rating, but doesn't score so well on its financial health evaluation. DND is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year DND has reported negative net income.
In the past year DND had a positive cash flow from operations.
DND had negative earnings in 4 of the past 5 years.
DND had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -6.83%, DND is in line with its industry, outperforming 46.03% of the companies in the same industry.
Looking at the Return On Equity, with a value of -50.62%, DND is doing worse than 66.67% of the companies in the same industry.
The Return On Invested Capital of DND (4.06%) is better than 68.25% of its industry peers.
DND had an Average Return On Invested Capital over the past 3 years of 2.65%. This is significantly below the industry average of 12.42%.
The last Return On Invested Capital (4.06%) for DND is above the 3 year average (2.65%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.83% | ||
| ROE | -50.62% | ||
| ROIC | 4.06% |
ROA(3y)-5.16%
ROA(5y)-4.96%
ROE(3y)-28.09%
ROE(5y)N/A
ROIC(3y)2.65%
ROIC(5y)4.08%
1.3 Margins
DND has a Operating Margin of 20.81%. This is amongst the best in the industry. DND outperforms 93.65% of its industry peers.
DND's Operating Margin has declined in the last couple of years.
DND has a Gross Margin of 88.72%. This is amongst the best in the industry. DND outperforms 93.65% of its industry peers.
In the last couple of years the Gross Margin of DND has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.81% | ||
| PM (TTM) | N/A | ||
| GM | 88.72% |
OM growth 3Y-17.25%
OM growth 5Y-21.21%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.77%
GM growth 5Y-0.64%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DND is destroying value.
Compared to 1 year ago, DND has more shares outstanding
DND has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, DND has a worse debt to assets ratio.
2.2 Solvency
DND has an Altman-Z score of 0.11. This is a bad value and indicates that DND is not financially healthy and even has some risk of bankruptcy.
DND's Altman-Z score of 0.11 is on the low side compared to the rest of the industry. DND is outperformed by 60.32% of its industry peers.
The Debt to FCF ratio of DND is 13.57, which is on the high side as it means it would take DND, 13.57 years of fcf income to pay off all of its debts.
DND's Debt to FCF ratio of 13.57 is in line compared to the rest of the industry. DND outperforms 57.14% of its industry peers.
A Debt/Equity ratio of 4.25 is on the high side and indicates that DND has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 4.25, DND is doing worse than 73.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.25 | ||
| Debt/FCF | 13.57 | ||
| Altman-Z | 0.11 |
ROIC/WACC0.49
WACC8.25%
2.3 Liquidity
A Current Ratio of 0.66 indicates that DND may have some problems paying its short term obligations.
With a Current ratio value of 0.66, DND is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
A Quick Ratio of 0.66 indicates that DND may have some problems paying its short term obligations.
DND has a Quick ratio of 0.66. This is in the lower half of the industry: DND underperforms 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
DND shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 84.66%, which is quite impressive.
The Revenue has been growing slightly by 2.46% in the past year.
Measured over the past years, DND shows a very strong growth in Revenue. The Revenue has been growing by 59.89% on average per year.
EPS 1Y (TTM)84.66%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5.71%
Revenue 1Y (TTM)2.46%
Revenue growth 3Y29.88%
Revenue growth 5Y59.89%
Sales Q2Q%0.94%
3.2 Future
The Earnings Per Share is expected to grow by 20.19% on average over the next years. This is a very strong growth
DND is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.58% yearly.
EPS Next Y35.94%
EPS Next 2Y30.02%
EPS Next 3Y20.19%
EPS Next 5YN/A
Revenue Next Year5.52%
Revenue Next 2Y4.87%
Revenue Next 3Y6.08%
Revenue Next 5Y2.58%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for DND. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for DND. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
DND's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DND is cheaper than 77.78% of the companies in the same industry.
93.65% of the companies in the same industry are more expensive than DND, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.32 | ||
| EV/EBITDA | 8.57 |
4.3 Compensation for Growth
A more expensive valuation may be justified as DND's earnings are expected to grow with 20.19% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.02%
EPS Next 3Y20.19%
5. Dividend
5.1 Amount
DND has a yearly dividend return of 0.76%, which is pretty low.
The stock price of DND dropped by -21.32% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
DND's Dividend Yield is rather good when compared to the industry average which is at 1.73. DND pays more dividend than 93.65% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, DND's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
5.2 History
DND has been paying a dividend for over 5 years, so it has already some track record.
DND has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
The earnings of DND are negative and hence is the payout ratio. DND will probably not be able to sustain this dividend level.
DP-3.41%
EPS Next 2Y30.02%
EPS Next 3Y20.19%
TSX:DND (6/13/2025, 7:00:00 PM)
9.78
-0.12 (-1.21%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners49.9%
Inst Owner ChangeN/A
Ins Owners0.65%
Ins Owner ChangeN/A
Market Cap654.97M
Analysts78
Price Target16.81 (71.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP-3.41%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-104.34%
Min EPS beat(2)-133.38%
Max EPS beat(2)-75.3%
EPS beat(4)1
Avg EPS beat(4)-0.81%
Min EPS beat(4)-133.38%
Max EPS beat(4)248.52%
EPS beat(8)1
Avg EPS beat(8)-90.1%
EPS beat(12)1
Avg EPS beat(12)-1083.63%
EPS beat(16)1
Avg EPS beat(16)-863.38%
Revenue beat(2)0
Avg Revenue beat(2)-4.56%
Min Revenue beat(2)-7.6%
Max Revenue beat(2)-1.52%
Revenue beat(4)1
Avg Revenue beat(4)-2.19%
Min Revenue beat(4)-7.6%
Max Revenue beat(4)0.91%
Revenue beat(8)3
Avg Revenue beat(8)-1.97%
Revenue beat(12)3
Avg Revenue beat(12)-3.03%
Revenue beat(16)6
Avg Revenue beat(16)-0.98%
PT rev (1m)-18.68%
PT rev (3m)-20.91%
EPS NQ rev (1m)-58.33%
EPS NQ rev (3m)-1155.57%
EPS NY rev (1m)0%
EPS NY rev (3m)-79.74%
Revenue NQ rev (1m)-9.84%
Revenue NQ rev (3m)-15.42%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.4 | ||
| P/FCF | 5.32 | ||
| P/OCF | 4.29 | ||
| P/B | 2.15 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.57 |
EPS(TTM)-0.25
EYN/A
EPS(NY)-0.34
Fwd EYN/A
FCF(TTM)1.84
FCFY18.8%
OCF(TTM)2.28
OCFY23.33%
SpS7
BVpS4.54
TBVpS-22.85
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.83% | ||
| ROE | -50.62% | ||
| ROCE | 5.65% | ||
| ROIC | 4.06% | ||
| ROICexc | 4.15% | ||
| ROICexgc | N/A | ||
| OM | 20.81% | ||
| PM (TTM) | N/A | ||
| GM | 88.72% | ||
| FCFM | 26.24% |
ROA(3y)-5.16%
ROA(5y)-4.96%
ROE(3y)-28.09%
ROE(5y)N/A
ROIC(3y)2.65%
ROIC(5y)4.08%
ROICexc(3y)2.84%
ROICexc(5y)4.41%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)3.68%
ROCE(5y)5.67%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-13.82%
ROICexc growth 5Y-26.63%
OM growth 3Y-17.25%
OM growth 5Y-21.21%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.77%
GM growth 5Y-0.64%
F-Score4
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.25 | ||
| Debt/FCF | 13.57 | ||
| Debt/EBITDA | 4.82 | ||
| Cap/Depr | 17.42% | ||
| Cap/Sales | 6.33% | ||
| Interest Coverage | 1.17 | ||
| Cash Conversion | 56.99% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 0.11 |
F-Score4
WACC8.25%
ROIC/WACC0.49
Cap/Depr(3y)20.96%
Cap/Depr(5y)20.42%
Cap/Sales(3y)6.95%
Cap/Sales(5y)6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)84.66%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5.71%
EPS Next Y35.94%
EPS Next 2Y30.02%
EPS Next 3Y20.19%
EPS Next 5YN/A
Revenue 1Y (TTM)2.46%
Revenue growth 3Y29.88%
Revenue growth 5Y59.89%
Sales Q2Q%0.94%
Revenue Next Year5.52%
Revenue Next 2Y4.87%
Revenue Next 3Y6.08%
Revenue Next 5Y2.58%
EBIT growth 1Y45.26%
EBIT growth 3Y7.48%
EBIT growth 5Y25.98%
EBIT Next Year209.88%
EBIT Next 3Y52.15%
EBIT Next 5Y28.13%
FCF growth 1Y2.93%
FCF growth 3Y26.63%
FCF growth 5Y100.32%
OCF growth 1Y4.31%
OCF growth 3Y31.58%
OCF growth 5Y77.73%