DAVE INC (DAVE)
US23834J2015 - Common Stock
Overall DAVE gets a fundamental rating of 6 out of 10. We evaluated DAVE against 279 industry peers in the Software industry. DAVE is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. DAVE is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year DAVE was profitable.
DAVE had a positive operating cash flow in the past year.
DAVE had negative earnings in 4 of the past 5 years.
In the past 5 years DAVE reported 4 times negative operating cash flow.
1.2 Ratios
DAVE has a better Return On Assets (11.62%) than 90.68% of its industry peers.
DAVE has a Return On Equity of 20.27%. This is amongst the best in the industry. DAVE outperforms 89.25% of its industry peers.
DAVE has a better Return On Invested Capital (0.81%) than 64.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.62% | ||
| ROE | 20.27% | ||
| ROIC | 0.81% |
ROA(3y)-23.39%
ROA(5y)-15.63%
ROE(3y)-76.11%
ROE(5y)-48.19%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
DAVE has a Profit Margin of 9.82%. This is in the better half of the industry: DAVE outperforms 77.06% of its industry peers.
With a decent Operating Margin value of 0.78%, DAVE is doing good in the industry, outperforming 63.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.78% | ||
| PM (TTM) | 9.82% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
DAVE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
DAVE has more shares outstanding than it did 1 year ago.
The debt/assets ratio for DAVE is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.90 indicates that DAVE is not in any danger for bankruptcy at the moment.
DAVE has a Altman-Z score of 6.90. This is in the better half of the industry: DAVE outperforms 72.76% of its industry peers.
The Debt to FCF ratio of DAVE is 1.08, which is an excellent value as it means it would take DAVE, only 1.08 years of fcf income to pay off all of its debts.
DAVE has a Debt to FCF ratio of 1.08. This is in the better half of the industry: DAVE outperforms 73.12% of its industry peers.
DAVE has a Debt/Equity ratio of 0.53. This is a neutral value indicating DAVE is somewhat dependend on debt financing.
The Debt to Equity ratio of DAVE (0.53) is worse than 68.10% of its industry peers.
Although DAVE does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 1.08 | ||
| Altman-Z | 6.9 |
ROIC/WACC0.07
WACC11.58%
2.3 Liquidity
DAVE has a Current Ratio of 8.67. This indicates that DAVE is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 8.67, DAVE belongs to the top of the industry, outperforming 94.98% of the companies in the same industry.
A Quick Ratio of 8.67 indicates that DAVE has no problem at all paying its short term obligations.
The Quick ratio of DAVE (8.67) is better than 94.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.67 | ||
| Quick Ratio | 8.67 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 144.28% over the past year.
DAVE shows a strong growth in Revenue. In the last year, the Revenue has grown by 26.51%.
DAVE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 28.61% yearly.
EPS 1Y (TTM)144.28%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%249.5%
Revenue 1Y (TTM)26.51%
Revenue growth 3Y28.61%
Revenue growth 5YN/A
Sales Q2Q%40.54%
3.2 Future
Based on estimates for the next years, DAVE will show a very strong growth in Earnings Per Share. The EPS will grow by 37.83% on average per year.
DAVE is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 21.40% yearly.
EPS Next Y179.35%
EPS Next 2Y51.37%
EPS Next 3Y37.83%
EPS Next 5YN/A
Revenue Next Year29.34%
Revenue Next 2Y23.79%
Revenue Next 3Y21.4%
Revenue Next 5YN/A
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
The Price/Earnings ratio is 38.69, which means the current valuation is very expensive for DAVE.
69.18% of the companies in the same industry are more expensive than DAVE, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of DAVE to the average of the S&P500 Index (28.96), we can say DAVE is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 81.07, the valuation of DAVE can be described as expensive.
DAVE's Price/Forward Earnings is on the same level as the industry average.
DAVE is valuated expensively when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.69 | ||
| Fwd PE | 81.07 |
4.2 Price Multiples
DAVE's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DAVE indicates a rather cheap valuation: DAVE is cheaper than 91.04% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.12 | ||
| EV/EBITDA | 105.96 |
4.3 Compensation for Growth
DAVE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
DAVE's earnings are expected to grow with 37.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.22
PEG (5Y)N/A
EPS Next 2Y51.37%
EPS Next 3Y37.83%
5. Dividend
5.1 Amount
DAVE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DAVE INC
NASDAQ:DAVE (11/21/2024, 6:11:49 PM)
After market: 82.42 0 (0%)82.42
+4.42 (+5.67%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.05B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.69 | ||
| Fwd PE | 81.07 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.22
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.62% | ||
| ROE | 20.27% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 0.78% | ||
| PM (TTM) | 9.82% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 8.67 | ||
| Quick Ratio | 8.67 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)144.28%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y179.35%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)26.51%
Revenue growth 3Y28.61%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y