DOCEBO INC (DCBO) Fundamental Analysis & Valuation
NASDAQ:DCBO • CA25609L1058
Current stock price
20.67 USD
+1.53 (+7.99%)
At close:
20.7855 USD
+0.12 (+0.56%)
After Hours:
This DCBO fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. DCBO Profitability Analysis
1.1 Basic Checks
- DCBO had positive earnings in the past year.
- In the past year DCBO had a positive cash flow from operations.
- Of the past 5 years DCBO 4 years were profitable.
- Of the past 5 years DCBO 4 years had a positive operating cash flow.
1.2 Ratios
- DCBO has a better Return On Assets (18.15%) than 94.12% of its industry peers.
- Looking at the Return On Equity, with a value of 50.63%, DCBO belongs to the top of the industry, outperforming 95.59% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 28.07%, DCBO belongs to the top of the industry, outperforming 95.59% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for DCBO is significantly above the industry average of 11.04%.
- The last Return On Invested Capital (28.07%) for DCBO is above the 3 year average (16.11%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.15% | ||
| ROE | 50.63% | ||
| ROIC | 28.07% |
ROA(3y)11.32%
ROA(5y)6.27%
ROE(3y)34.17%
ROE(5y)19.81%
ROIC(3y)16.11%
ROIC(5y)N/A
1.3 Margins
- The Profit Margin of DCBO (15.46%) is better than 81.62% of its industry peers.
- DCBO's Profit Margin has improved in the last couple of years.
- DCBO's Operating Margin of 12.13% is fine compared to the rest of the industry. DCBO outperforms 78.31% of its industry peers.
- Looking at the Gross Margin, with a value of 80.42%, DCBO belongs to the top of the industry, outperforming 83.09% of the companies in the same industry.
- 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 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.
- DCBO has a worse debt/assets ratio than last year.
2.2 Solvency
- DCBO has an Altman-Z score of 2.80. 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.
- Looking at the Altman-Z score, with a value of 2.80, DCBO is in the better half of the industry, outperforming 61.40% of the companies in the same industry.
- DCBO has a debt to FCF ratio of 0.09. This is a very positive value and a sign of high solvency as it would only need 0.09 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 0.09, DCBO is in the better half of the industry, outperforming 79.78% of the companies in the same industry.
- A Debt/Equity ratio of 0.03 indicates that DCBO is not too dependend on debt financing.
- DCBO has a Debt to Equity ratio of 0.03. This is comparable to the rest of the industry: DCBO outperforms 59.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 2.8 |
ROIC/WACC2.82
WACC9.96%
2.3 Liquidity
- DCBO has a Current 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 Current ratio of 1.22. This is in the lower half of the industry: DCBO underperforms 65.07% of its industry peers.
- A Quick Ratio of 1.22 indicates that DCBO should not have too much problems paying its short term obligations.
- DCBO has a worse Quick ratio (1.22) than 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.22 |
3. DCBO Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 56.98% over the past year.
- 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.
- DCBO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.87%.
- Measured over the past years, DCBO shows a very strong growth in Revenue. The Revenue has been growing by 30.99% on average per year.
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
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. DCBO Valuation Analysis
4.1 Price/Earnings Ratio
- DCBO is valuated correctly with a Price/Earnings ratio of 15.31.
- DCBO's Price/Earnings ratio is rather cheap when compared to the industry. DCBO is cheaper than 80.88% of the companies in the same industry.
- DCBO is valuated rather cheaply when we compare the Price/Earnings ratio to 26.64, which is the current average of the S&P500 Index.
- DCBO is valuated correctly with a Price/Forward Earnings ratio of 12.65.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of DCBO indicates a rather cheap valuation: DCBO is cheaper than 81.62% 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 (21.36), we can say DCBO is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.31 | ||
| Fwd PE | 12.65 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DCBO indicates a rather cheap valuation: DCBO is cheaper than 82.35% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of DCBO indicates a somewhat cheap valuation: DCBO is cheaper than 76.84% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.63 | ||
| EV/EBITDA | 12.96 |
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.
- 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)0.73
PEG (5Y)N/A
EPS Next 2Y18.55%
EPS Next 3Y20.92%
5. DCBO Dividend Analysis
5.1 Amount
- No dividends for DCBO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
DCBO Fundamentals: All Metrics, Ratios and Statistics
20.67
+1.53 (+7.99%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Industry Strength11.81
Industry Growth43.28
Earnings (Last)02-27 2026-02-27/bmo
Earnings (Next)05-08 2026-05-08
Inst Owners36.6%
Inst Owner Change-0.06%
Ins Owners0.46%
Ins Owner ChangeN/A
Market Cap533.70M
Revenue(TTM)242.69M
Net Income(TTM)37.51M
Analysts80
Price Target21.72 (5.08%)
Short Float %6.95%
Short Ratio3.42
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)-15.05%
PT rev (3m)-20.6%
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 | 15.31 | ||
| Fwd PE | 12.65 | ||
| P/S | 2.2 | ||
| P/FCF | 19.63 | ||
| P/OCF | 18.94 | ||
| P/B | 7.2 | ||
| P/tB | 9.12 | ||
| EV/EBITDA | 12.96 |
EPS(TTM)1.35
EY6.53%
EPS(NY)1.63
Fwd EY7.9%
FCF(TTM)1.05
FCFY5.1%
OCF(TTM)1.09
OCFY5.28%
SpS9.4
BVpS2.87
TBVpS2.27
PEG (NY)0.73
PEG (5Y)N/A
Graham Number9.33604 (-54.83%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.15% | ||
| ROE | 50.63% | ||
| ROCE | 35.53% | ||
| ROIC | 28.07% | ||
| ROICexc | 263.9% | ||
| 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)16.11%
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 | 2.8 |
F-Score6
WACC9.96%
ROIC/WACC2.82
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 Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for DOCEBO INC?
ChartMill assigns a fundamental rating of 7 / 10 to DCBO.
What is the valuation status for DCBO stock?
ChartMill assigns a valuation rating of 8 / 10 to DOCEBO INC (DCBO). This can be considered as Undervalued.
What is the profitability of DCBO stock?
DOCEBO INC (DCBO) has a profitability rating of 8 / 10.
What is the financial health of DOCEBO INC (DCBO) stock?
The financial health rating of DOCEBO INC (DCBO) is 5 / 10.
What is the earnings growth outlook for DOCEBO INC?
The Earnings per Share (EPS) of DOCEBO INC (DCBO) is expected to grow by 21% in the next year.