DOCEBO INC (DCBO) Stock Fundamental Analysis
USA - NASDAQ:DCBO - CA25609L1058 - Common Stock
26.285 USD
+0.52 (+2%)
26.285 USD
0 (0%)
Taking everything into account, DCBO scores 6 out of 10 in our fundamental rating. DCBO was compared to 283 industry peers in the Software industry. Both the profitability and the financial health of DCBO get a neutral evaluation. Nothing too spectacular is happening here. DCBO is growing strongly while it is still valued neutral. This is a good combination! These ratings could make DCBO a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
DCBO had positive earnings in the past year.
DCBO had a positive operating cash flow in the past year.
In multiple years DCBO reported negative net income over the last 5 years.
Of the past 5 years DCBO 4 years had a positive operating cash flow.
1.2 Ratios
DCBO has a Return On Assets of 12.51%. This is amongst the best in the industry. DCBO outperforms 89.44% of its industry peers.
DCBO has a Return On Equity of 61.75%. This is amongst the best in the industry. DCBO outperforms 96.83% of its industry peers.
Looking at the Return On Invested Capital, with a value of 32.53%, DCBO belongs to the top of the industry, outperforming 97.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.51% | ||
| ROE | 61.75% | ||
| ROIC | 32.53% |
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
DCBO's Profit Margin of 9.29% is fine compared to the rest of the industry. DCBO outperforms 72.54% of its industry peers.
The Operating Margin of DCBO (9.67%) is better than 74.30% of its industry peers.
With an excellent Gross Margin value of 81.00%, DCBO belongs to the best of the industry, outperforming 84.15% 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 | 9.67% | ||
| PM (TTM) | 9.29% | ||
| GM | 81% |
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
DCBO has an Altman-Z score of 3.33. This indicates that DCBO is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.33, DCBO perfoms like the industry average, outperforming 59.15% of the companies in the same industry.
DCBO has a debt to FCF ratio of 0.05. This is a very positive value and a sign of high solvency as it would only need 0.05 years to pay back of all of its debts.
DCBO has a better Debt to FCF ratio (0.05) than 82.75% of its industry peers.
DCBO has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of DCBO (0.01) is better than 64.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 3.33 |
ROIC/WACC3.06
WACC10.62%
2.3 Liquidity
DCBO has a Current Ratio of 1.04. This is a normal value and indicates that DCBO is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of DCBO (1.04) is worse than 70.07% of its industry peers.
DCBO has a Quick Ratio of 1.04. This is a normal value and indicates that DCBO is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.04, DCBO is not doing good in the industry: 69.37% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 103.70% over the past year.
Looking at the last year, DCBO shows a quite strong growth in Revenue. The Revenue has grown by 15.11% in the last year.
The Revenue has been growing by 39.25% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)103.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%93.33%
Revenue 1Y (TTM)15.11%
Revenue growth 3Y27.67%
Revenue growth 5Y39.25%
Sales Q2Q%14.47%
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.
The Revenue is expected to grow by 24.94% on average over the next years. This is a very strong growth
EPS Next Y37.82%
EPS Next 2Y33.47%
EPS Next 3Y34.47%
EPS Next 5Y27.76%
Revenue Next Year11.22%
Revenue Next 2Y9.78%
Revenue Next 3Y9.84%
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
With a Price/Earnings ratio of 23.90, DCBO is valued on the expensive side.
DCBO's Price/Earnings ratio is a bit cheaper when compared to the industry. DCBO is cheaper than 71.83% of the companies in the same industry.
DCBO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.40.
The Price/Forward Earnings ratio is 17.16, which indicates a rather expensive current valuation of DCBO.
Based on the Price/Forward Earnings ratio, DCBO is valued a bit cheaper than the industry average as 79.23% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of DCBO to the average of the S&P500 Index (22.94), we can say DCBO is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.9 | ||
| Fwd PE | 17.16 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DCBO is valued a bit cheaper than the industry average as 76.76% of the companies are valued more expensively.
73.59% 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 | 28.07 | ||
| EV/EBITDA | 26.96 |
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 a very decent 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 34.47% in the coming years.
PEG (NY)0.63
PEG (5Y)N/A
EPS Next 2Y33.47%
EPS Next 3Y34.47%
5. Dividend
5.1 Amount
DCBO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
26.285
+0.52 (+2%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners31.4%
Inst Owner Change0%
Ins Owners1.51%
Ins Owner ChangeN/A
Market Cap755.17M
Analysts78.67
Price Target29.69 (12.95%)
Short Float %2.2%
Short Ratio3.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)27.06%
Min EPS beat(2)26.05%
Max EPS beat(2)28.07%
EPS beat(4)3
Avg EPS beat(4)41.65%
Min EPS beat(4)-25.3%
Max EPS beat(4)137.79%
EPS beat(8)7
Avg EPS beat(8)31.82%
EPS beat(12)10
Avg EPS beat(12)131.11%
EPS beat(16)13
Avg EPS beat(16)110.84%
Revenue beat(2)1
Avg Revenue beat(2)-0.14%
Min Revenue beat(2)-1.61%
Max Revenue beat(2)1.34%
Revenue beat(4)2
Avg Revenue beat(4)-0.11%
Min Revenue beat(4)-1.61%
Max Revenue beat(4)1.34%
Revenue beat(8)2
Avg Revenue beat(8)-0.44%
Revenue beat(12)2
Avg Revenue beat(12)-0.71%
Revenue beat(16)3
Avg Revenue beat(16)-0.87%
PT rev (1m)-0.94%
PT rev (3m)1.6%
EPS NQ rev (1m)1.02%
EPS NQ rev (3m)14.58%
EPS NY rev (1m)1.75%
EPS NY rev (3m)-1.21%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)1.58%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.9 | ||
| Fwd PE | 17.16 | ||
| P/S | 3.28 | ||
| P/FCF | 28.07 | ||
| P/OCF | 26.73 | ||
| P/B | 21.77 | ||
| P/tB | 40.16 | ||
| EV/EBITDA | 26.96 |
EPS(TTM)1.1
EY4.18%
EPS(NY)1.53
Fwd EY5.83%
FCF(TTM)0.94
FCFY3.56%
OCF(TTM)0.98
OCFY3.74%
SpS8.02
BVpS1.21
TBVpS0.65
PEG (NY)0.63
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.51% | ||
| ROE | 61.75% | ||
| ROCE | 55.51% | ||
| ROIC | 32.53% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 9.67% | ||
| PM (TTM) | 9.29% | ||
| GM | 81% | ||
| FCFM | 11.67% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score8
Asset Turnover1.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | 39.68% | ||
| Cap/Sales | 0.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 110.06% | ||
| Profit Quality | 125.62% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 3.33 |
F-Score8
WACC10.62%
ROIC/WACC3.06
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)103.7%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%93.33%
EPS Next Y37.82%
EPS Next 2Y33.47%
EPS Next 3Y34.47%
EPS Next 5Y27.76%
Revenue 1Y (TTM)15.11%
Revenue growth 3Y27.67%
Revenue growth 5Y39.25%
Sales Q2Q%14.47%
Revenue Next Year11.22%
Revenue Next 2Y9.78%
Revenue Next 3Y9.84%
Revenue Next 5Y24.94%
EBIT growth 1Y84.74%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year125.27%
EBIT Next 3Y50.67%
EBIT Next 5Y32.58%
FCF growth 1Y380.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y338.61%
OCF growth 3YN/A
OCF growth 5YN/A