DOCEBO INC (DCBO.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:DCBO - CA25609L1058 - Common Stock
30.1 CAD
-0.34 (-1.12%)
DCBO gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 65 industry peers in the Software industry. While DCBO has a great health rating, its profitability is only average at the moment. DCBO is evaluated to be cheap and growing strongly. This does not happen too often! 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
The Return On Assets of DCBO (13.03%) is better than 95.38% of its industry peers.
DCBO has a Return On Equity of 49.89%. This is amongst the best in the industry. DCBO outperforms 96.92% of its industry peers.
DCBO has a Return On Invested Capital of 29.21%. This is amongst the best in the industry. DCBO outperforms 98.46% of its industry peers.
| 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
The Profit Margin of DCBO (9.54%) is better than 83.08% of its industry peers.
DCBO has a better Operating Margin (10.98%) than 76.92% of its industry peers.
Looking at the Gross Margin, with a value of 80.80%, DCBO belongs to the top of the industry, outperforming 87.69% of the companies in the same industry.
DCBO's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), DCBO is creating value.
The number of shares outstanding for DCBO remains at a similar level compared to 1 year ago.
Compared to 5 years ago, DCBO has more shares outstanding
Compared to 1 year ago, DCBO has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.26 indicates that DCBO is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 3.26, DCBO is doing good in the industry, outperforming 63.08% 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.
DCBO has a better Debt to FCF ratio (0.10) than 90.77% of its industry peers.
A Debt/Equity ratio of 0.05 indicates that DCBO is not too dependend on debt financing.
The Debt to Equity ratio of DCBO (0.05) is better than 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.1 | ||
| Altman-Z | 3.26 |
ROIC/WACC2.91
WACC10.03%
2.3 Liquidity
A Current Ratio of 1.13 indicates that DCBO should not have too much problems paying its short term obligations.
DCBO has a Current ratio (1.13) which is in line with its industry peers.
A Quick Ratio of 1.13 indicates that DCBO should not have too much problems paying its short term obligations.
DCBO's Quick ratio of 1.13 is in line compared to the rest of the industry. DCBO outperforms 50.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 |
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.
Looking at the last year, DCBO shows a quite strong growth in Revenue. The Revenue has grown by 13.16% in the last year.
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
DCBO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 27.76% yearly.
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 Y52.01%
EPS Next 2Y33.13%
EPS Next 3Y24.83%
EPS Next 5Y27.76%
Revenue Next Year11.86%
Revenue Next 2Y9.62%
Revenue Next 3Y9.58%
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 17.20, the valuation of DCBO can be described as rather expensive.
Based on the Price/Earnings ratio, DCBO is valued cheaper than 89.23% of the companies in the same industry.
DCBO is valuated rather cheaply when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 14.41, the valuation of DCBO can be described as correct.
Based on the Price/Forward Earnings ratio, DCBO is valued cheaper than 81.54% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of DCBO to the average of the S&P500 Index (24.03), we can say DCBO is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.2 | ||
| Fwd PE | 14.41 |
4.2 Price Multiples
69.23% of the companies in the same industry are more expensive than DCBO, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, DCBO is valued a bit cheaper than the industry average as 78.46% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.45 | ||
| EV/EBITDA | 19.66 |
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 a very decent profitability rating, which may justify a higher PE ratio.
DCBO's earnings are expected to grow with 24.83% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.33
PEG (5Y)N/A
EPS Next 2Y33.13%
EPS Next 3Y24.83%
5. Dividend
5.1 Amount
No dividends for DCBO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:DCBO (12/24/2025, 7:00:00 PM)
30.1
-0.34 (-1.12%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners34.45%
Inst Owner ChangeN/A
Ins Owners0.38%
Ins Owner ChangeN/A
Market Cap864.77M
Revenue(TTM)236.69M
Net Income(TTM)22.57M
Analysts78.75
Price TargetN/A
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)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)-7.22%
PT rev (3m)-8.03%
EPS NQ rev (1m)0.93%
EPS NQ rev (3m)-1.8%
EPS NY rev (1m)8.46%
EPS NY rev (3m)12.23%
Revenue NQ rev (1m)0.36%
Revenue NQ rev (3m)1.36%
Revenue NY rev (1m)0.6%
Revenue NY rev (3m)0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.2 | ||
| Fwd PE | 14.41 | ||
| P/S | 2.67 | ||
| P/FCF | 22.45 | ||
| P/OCF | 21.61 | ||
| P/B | 13.95 | ||
| P/tB | 21.39 | ||
| EV/EBITDA | 19.66 |
EPS(TTM)1.75
EY5.81%
EPS(NY)2.09
Fwd EY6.94%
FCF(TTM)1.34
FCFY4.45%
OCF(TTM)1.39
OCFY4.63%
SpS11.29
BVpS2.16
TBVpS1.41
PEG (NY)0.33
PEG (5Y)N/A
Graham Number9.22
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 | 3.26 |
F-Score7
WACC10.03%
ROIC/WACC2.91
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 Y52.01%
EPS Next 2Y33.13%
EPS Next 3Y24.83%
EPS Next 5Y27.76%
Revenue 1Y (TTM)13.16%
Revenue growth 3Y27.67%
Revenue growth 5Y39.25%
Sales Q2Q%11.16%
Revenue Next Year11.86%
Revenue Next 2Y9.62%
Revenue Next 3Y9.58%
Revenue Next 5Y24.94%
EBIT growth 1Y52.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year131.07%
EBIT Next 3Y46.26%
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 52.01% in the next year.