DOCEBO INC (DCBO)
CA25609L1058 - Common Stock
We assign a fundamental rating of 6 out of 10 to DCBO. DCBO was compared to 280 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 not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make DCBO suitable 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.
In multiple years DCBO reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of DCBO (10.36%) is better than 88.17% of its industry peers.
The Return On Equity of DCBO (40.06%) is better than 95.70% of its industry peers.
With an excellent Return On Invested Capital value of 25.70%, DCBO belongs to the best of the industry, outperforming 97.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.36% | ||
| ROE | 40.06% | ||
| ROIC | 25.7% |
ROA(3y)-0.27%
ROA(5y)-4.49%
ROE(3y)0.71%
ROE(5y)-7.92%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of DCBO (8.63%) is better than 76.70% of its industry peers.
DCBO's Operating Margin of 8.14% is fine compared to the rest of the industry. DCBO outperforms 75.27% of its industry peers.
Looking at the Gross Margin, with a value of 80.92%, DCBO belongs to the top of the industry, outperforming 83.51% 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 | 8.14% | ||
| PM (TTM) | 8.63% | ||
| GM | 80.92% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.3%
GM growth 5Y0.45%
2. Health
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 increased compared to 5 years ago.
Compared to 1 year ago, DCBO has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.71 indicates that DCBO is not in any danger for bankruptcy at the moment.
DCBO's Altman-Z score of 6.71 is fine compared to the rest of the industry. DCBO outperforms 72.04% of its industry peers.
DCBO has a debt to FCF ratio of 0.08. This is a very positive value and a sign of high solvency as it would only need 0.08 years to pay back of all of its debts.
The Debt to FCF ratio of DCBO (0.08) is better than 81.36% 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.
DCBO has a better Debt to Equity ratio (0.01) than 62.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.08 | ||
| Altman-Z | 6.71 |
ROIC/WACC2.41
WACC10.67%
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 worse Current ratio (1.13) than 70.25% of its industry peers.
A Quick Ratio of 1.13 indicates that DCBO should not have too much problems paying its short term obligations.
DCBO has a worse Quick ratio (1.13) than 68.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1625.00% over the past year.
Looking at the last year, DCBO shows a very strong growth in Revenue. The Revenue has grown by 22.67%.
DCBO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 46.20% yearly.
EPS 1Y (TTM)1625%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%125%
Revenue 1Y (TTM)22.67%
Revenue growth 3Y42.18%
Revenue growth 5Y46.2%
Sales Q2Q%19.19%
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 89.74% on average per year.
The Revenue is expected to grow by 24.36% on average over the next years. This is a very strong growth
EPS Next Y689.56%
EPS Next 2Y233.27%
EPS Next 3Y138.03%
EPS Next 5Y89.74%
Revenue Next Year19.23%
Revenue Next 2Y17.34%
Revenue Next 3Y16.54%
Revenue Next 5Y24.36%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
DCBO is valuated quite expensively with a Price/Earnings ratio of 71.06.
Compared to the rest of the industry, the Price/Earnings ratio of DCBO is on the same level as its industry peers.
When comparing the Price/Earnings ratio of DCBO to the average of the S&P500 Index (29.20), we can say DCBO is valued expensively.
A Price/Forward Earnings ratio of 49.05 indicates a quite expensive valuation of DCBO.
DCBO's Price/Forward Earnings is on the same level as the industry average.
DCBO's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 71.06 | ||
| Fwd PE | 49.05 |
4.2 Price Multiples
DCBO's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DCBO is cheaper than 63.08% of the companies in the same industry.
DCBO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. DCBO is cheaper than 60.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 59.78 | ||
| EV/EBITDA | 68.99 |
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.
The decent profitability rating of DCBO may justify a higher PE ratio.
A more expensive valuation may be justified as DCBO's earnings are expected to grow with 138.03% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y233.27%
EPS Next 3Y138.03%
5. Dividend
5.1 Amount
No dividends for DCBO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DOCEBO INC
NASDAQ:DCBO (11/22/2024, 8:00:00 PM)
After market: 49.03 0 (0%)49.03
+0.51 (+1.05%)
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 Cap1.48B
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)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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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 | 71.06 | ||
| Fwd PE | 49.05 | ||
| 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)0.1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.36% | ||
| ROE | 40.06% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.14% | ||
| PM (TTM) | 8.63% | ||
| GM | 80.92% | ||
| 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 Turnover1.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 | ||
| 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)1625%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y689.56%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)22.67%
Revenue growth 3Y42.18%
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