DOCEBO INC (DCBO.CA) Fundamental Analysis & Valuation
TSX:DCBO • CA25609L1058
Current stock price
24.96 CAD
+0.75 (+3.1%)
Last:
This DCBO.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. DCBO.CA Profitability Analysis
1.1 Basic Checks
- In the past year DCBO was profitable.
- DCBO had a positive operating cash flow in the past year.
- DCBO had positive earnings in 4 of the past 5 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 18.15%, DCBO belongs to the best of the industry, outperforming 93.94% of the companies in the same industry.
- DCBO's Return On Equity of 50.63% is amongst the best of the industry. DCBO outperforms 95.45% of its industry peers.
- DCBO has a better Return On Invested Capital (25.58%) than 96.97% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for DCBO is in line with the industry average of 13.06%.
- The last Return On Invested Capital (25.58%) for DCBO is above the 3 year average (14.68%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.15% | ||
| ROE | 50.63% | ||
| ROIC | 25.58% |
ROA(3y)11.32%
ROA(5y)6.27%
ROE(3y)34.17%
ROE(5y)19.81%
ROIC(3y)14.68%
ROIC(5y)N/A
1.3 Margins
- DCBO's Profit Margin of 15.46% is amongst the best of the industry. DCBO outperforms 86.36% of its industry peers.
- In the last couple of years the Profit Margin of DCBO has grown nicely.
- DCBO has a Operating Margin of 12.13%. This is in the better half of the industry: DCBO outperforms 74.24% of its industry peers.
- DCBO has a Gross Margin of 80.42%. This is amongst the best in the industry. DCBO outperforms 83.33% 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 | 12.13% | ||
| PM (TTM) | 15.46% | ||
| GM | 80.42% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y46.55%
PM growth 5YN/A
GM growth 3Y0%
GM growth 5Y-0.34%
2. DCBO.CA Health Analysis
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 less shares outstanding
- The number of shares outstanding for DCBO has been reduced compared to 5 years ago.
- The debt/assets ratio for DCBO is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.69 indicates that DCBO is not a great score, but indicates only limited risk for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 2.69, DCBO is in the better half of the industry, outperforming 65.15% of the companies in the same industry.
- The Debt to FCF ratio of DCBO is 0.09, which is an excellent value as it means it would take DCBO, only 0.09 years of fcf income to pay off all of its debts.
- DCBO has a better Debt to FCF ratio (0.09) than 90.91% of its industry peers.
- DCBO has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
- With a decent Debt to Equity ratio value of 0.03, DCBO is doing good in the industry, outperforming 77.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 2.69 |
ROIC/WACC2.63
WACC9.74%
2.3 Liquidity
- A Current Ratio of 1.22 indicates that DCBO should not have too much problems paying its short term obligations.
- DCBO has a Current ratio of 1.22. This is comparable to the rest of the industry: DCBO outperforms 56.06% of its industry peers.
- DCBO has a Quick Ratio of 1.22. 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 1.22. This is comparable to the rest of the industry: DCBO outperforms 56.06% of its industry peers.
- The current and quick ratio evaluation for DCBO is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.22 |
3. DCBO.CA Growth Analysis
3.1 Past
- DCBO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 56.98%, which is quite impressive.
- Measured over the past years, DCBO shows a very strong growth in Earnings Per Share. The EPS has been growing by 88.99% on average per year.
- The Revenue has grown by 11.87% in the past year. This is quite good.
- The Revenue has been growing by 30.99% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)56.98%
EPS 3Y88.99%
EPS 5YN/A
EPS Q2Q%18.42%
Revenue 1Y (TTM)11.87%
Revenue growth 3Y19.31%
Revenue growth 5Y30.99%
Sales Q2Q%10.51%
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 22.29% on average per year.
- DCBO is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 26.95% yearly.
EPS Next Y21%
EPS Next 2Y18.55%
EPS Next 3Y20.92%
EPS Next 5Y22.29%
Revenue Next Year10.97%
Revenue Next 2Y11.2%
Revenue Next 3Y11.56%
Revenue Next 5Y26.95%
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. DCBO.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 13.49, the valuation of DCBO can be described as correct.
- DCBO's Price/Earnings ratio is rather cheap when compared to the industry. DCBO is cheaper than 84.85% of the companies in the same industry.
- DCBO's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.42.
- The Price/Forward Earnings ratio is 11.17, which indicates a very decent valuation of DCBO.
- Based on the Price/Forward Earnings ratio, DCBO is valued cheaper than 80.30% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 22.24. DCBO is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.49 | ||
| Fwd PE | 11.17 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, DCBO is valued a bit cheaper than the industry average as 65.15% of the companies are valued more expensively.
- 75.76% 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 | 17.32 | ||
| EV/EBITDA | 12.25 |
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.
- DCBO has an outstanding profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as DCBO's earnings are expected to grow with 20.92% in the coming years.
PEG (NY)0.64
PEG (5Y)N/A
EPS Next 2Y18.55%
EPS Next 3Y20.92%
5. DCBO.CA Dividend Analysis
5.1 Amount
- No dividends for DCBO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
DCBO.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:DCBO (4/24/2026, 7:00:00 PM)
24.96
+0.75 (+3.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-27 2026-02-27/bmo
Earnings (Next)05-08 2026-05-08
Inst Owners36.6%
Inst Owner ChangeN/A
Ins Owners0.46%
Ins Owner ChangeN/A
Market Cap644.47M
Revenue(TTM)242.69M
Net Income(TTM)37.51M
Analysts80
Price Target29.88 (19.71%)
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)11.78%
Min EPS beat(2)1.01%
Max EPS beat(2)22.55%
EPS beat(4)4
Avg EPS beat(4)19.42%
Min EPS beat(4)1.01%
Max EPS beat(4)28.07%
EPS beat(8)7
Avg EPS beat(8)27.59%
EPS beat(12)10
Avg EPS beat(12)11.91%
EPS beat(16)13
Avg EPS beat(16)101.18%
Revenue beat(2)0
Avg Revenue beat(2)-0.99%
Min Revenue beat(2)-1.11%
Max Revenue beat(2)-0.86%
Revenue beat(4)1
Avg Revenue beat(4)-0.56%
Min Revenue beat(4)-1.61%
Max Revenue beat(4)1.34%
Revenue beat(8)2
Avg Revenue beat(8)-0.54%
Revenue beat(12)2
Avg Revenue beat(12)-0.68%
Revenue beat(16)2
Avg Revenue beat(16)-0.99%
PT rev (1m)-14.77%
PT rev (3m)-21.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.08%
EPS NY rev (1m)1.76%
EPS NY rev (3m)7.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.06%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)3.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.49 | ||
| Fwd PE | 11.17 | ||
| P/S | 1.94 | ||
| P/FCF | 17.32 | ||
| P/OCF | 16.72 | ||
| P/B | 6.36 | ||
| P/tB | 8.05 | ||
| EV/EBITDA | 12.25 |
EPS(TTM)1.85
EY7.41%
EPS(NY)2.23
Fwd EY8.95%
FCF(TTM)1.44
FCFY5.77%
OCF(TTM)1.49
OCFY5.98%
SpS12.86
BVpS3.93
TBVpS3.1
PEG (NY)0.64
PEG (5Y)N/A
Graham Number12.7832 (-48.79%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.15% | ||
| ROE | 50.63% | ||
| ROCE | 35.53% | ||
| ROIC | 25.58% | ||
| ROICexc | 240.52% | ||
| ROICexgc | N/A | ||
| OM | 12.13% | ||
| PM (TTM) | 15.46% | ||
| GM | 80.42% | ||
| FCFM | 11.2% |
ROA(3y)11.32%
ROA(5y)6.27%
ROE(3y)34.17%
ROE(5y)19.81%
ROIC(3y)14.68%
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)20.39%
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 3Y46.55%
PM growth 5YN/A
GM growth 3Y0%
GM growth 5Y-0.34%
F-Score6
Asset Turnover1.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.09 | ||
| Debt/EBITDA | 0.06 | ||
| Cap/Depr | 30.79% | ||
| Cap/Sales | 0.4% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 86.37% | ||
| Profit Quality | 72.49% | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.22 | ||
| Altman-Z | 2.69 |
F-Score6
WACC9.74%
ROIC/WACC2.63
Cap/Depr(3y)29.27%
Cap/Depr(5y)38.17%
Cap/Sales(3y)0.44%
Cap/Sales(5y)0.64%
Profit Quality(3y)239%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)56.98%
EPS 3Y88.99%
EPS 5YN/A
EPS Q2Q%18.42%
EPS Next Y21%
EPS Next 2Y18.55%
EPS Next 3Y20.92%
EPS Next 5Y22.29%
Revenue 1Y (TTM)11.87%
Revenue growth 3Y19.31%
Revenue growth 5Y30.99%
Sales Q2Q%10.51%
Revenue Next Year10.97%
Revenue Next 2Y11.2%
Revenue Next 3Y11.56%
Revenue Next 5Y26.95%
EBIT growth 1Y55.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year118.76%
EBIT Next 3Y44.38%
EBIT Next 5Y27.18%
FCF growth 1Y-2.9%
FCF growth 3Y182.43%
FCF growth 5Y48.94%
OCF growth 1Y-3.68%
OCF growth 3Y130.92%
OCF growth 5Y40.42%
DOCEBO INC / DCBO.CA Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for DOCEBO INC?
ChartMill assigns a fundamental rating of 8 / 10 to DCBO.CA.
What is the valuation status for DCBO stock?
ChartMill assigns a valuation rating of 8 / 10 to DOCEBO INC (DCBO.CA). This can be considered as Undervalued.
What is the profitability of DCBO stock?
DOCEBO INC (DCBO.CA) has a profitability rating of 8 / 10.
What is the financial health of DOCEBO INC (DCBO.CA) stock?
The financial health rating of DOCEBO INC (DCBO.CA) is 8 / 10.
What is the earnings growth outlook for DOCEBO INC?
The Earnings per Share (EPS) of DOCEBO INC (DCBO.CA) is expected to grow by 21% in the next year.