DYE & DURHAM LTD (DND.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:DND • CA2674881040

4.17 CAD
-0.47 (-10.13%)
Last: Dec 15, 2025, 07:00 PM
Fundamental Rating

3

Taking everything into account, DND scores 3 out of 10 in our fundamental rating. DND was compared to 66 industry peers in the Software industry. There are concerns on the financial health of DND while its profitability can be described as average. DND is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year DND has reported negative net income.
  • In the past year DND had a positive cash flow from operations.
  • DND had negative earnings in 4 of the past 5 years.
  • DND had a positive operating cash flow in each of the past 5 years.
DND.CA Yearly Net Income VS EBIT VS OCF VS FCFDND.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M

1.2 Ratios

  • DND's Return On Assets of -6.83% is in line compared to the rest of the industry. DND outperforms 50.75% of its industry peers.
  • The Return On Equity of DND (-50.62%) is worse than 62.69% of its industry peers.
  • The Return On Invested Capital of DND (4.06%) is better than 68.66% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for DND is significantly below the industry average of 12.50%.
  • The last Return On Invested Capital (4.06%) for DND is above the 3 year average (2.65%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA -6.83%
ROE -50.62%
ROIC 4.06%
ROA(3y)-5.16%
ROA(5y)-4.96%
ROE(3y)-28.09%
ROE(5y)N/A
ROIC(3y)2.65%
ROIC(5y)4.08%
DND.CA Yearly ROA, ROE, ROICDND.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40

1.3 Margins

  • DND's Operating Margin of 20.81% is amongst the best of the industry. DND outperforms 91.04% of its industry peers.
  • In the last couple of years the Operating Margin of DND has declined.
  • Looking at the Gross Margin, with a value of 88.72%, DND belongs to the top of the industry, outperforming 92.54% of the companies in the same industry.
  • In the last couple of years the Gross Margin of DND has remained more or less at the same level.
Industry RankSector Rank
OM 20.81%
PM (TTM) N/A
GM 88.72%
OM growth 3Y-17.25%
OM growth 5Y-21.21%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.77%
GM growth 5Y-0.64%
DND.CA Yearly Profit, Operating, Gross MarginsDND.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60 80

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1

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DND is destroying value.
  • The number of shares outstanding for DND has been increased compared to 1 year ago.
  • The number of shares outstanding for DND has been increased compared to 5 years ago.
  • The debt/assets ratio for DND is higher compared to a year ago.
DND.CA Yearly Shares OutstandingDND.CA Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
DND.CA Yearly Total Debt VS Total AssetsDND.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • Based on the Altman-Z score of -0.01, we must say that DND is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of -0.01, DND is in line with its industry, outperforming 40.30% of the companies in the same industry.
  • DND has a debt to FCF ratio of 13.57. This is a negative value and a sign of low solvency as DND would need 13.57 years to pay back of all of its debts.
  • DND has a Debt to FCF ratio of 13.57. This is in the better half of the industry: DND outperforms 64.18% of its industry peers.
  • DND has a Debt/Equity ratio of 4.25. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of DND (4.25) is worse than 74.63% of its industry peers.
Industry RankSector Rank
Debt/Equity 4.25
Debt/FCF 13.57
Altman-Z -0.01
ROIC/WACC0.56
WACC7.2%
DND.CA Yearly LT Debt VS Equity VS FCFDND.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 0.66 indicates that DND may have some problems paying its short term obligations.
  • DND's Current ratio of 0.66 is on the low side compared to the rest of the industry. DND is outperformed by 70.15% of its industry peers.
  • DND has a Quick Ratio of 0.66. This is a bad value and indicates that DND is not financially healthy enough and could expect problems in meeting its short term obligations.
  • DND has a worse Quick ratio (0.66) than 70.15% of its industry peers.
Industry RankSector Rank
Current Ratio 0.66
Quick Ratio 0.66
DND.CA Yearly Current Assets VS Current LiabilitesDND.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

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5

3. Growth

3.1 Past

  • DND shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 84.66%, which is quite impressive.
  • DND shows a small growth in Revenue. In the last year, the Revenue has grown by 2.46%.
  • DND shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 59.89% yearly.
EPS 1Y (TTM)84.66%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5.71%
Revenue 1Y (TTM)2.46%
Revenue growth 3Y29.88%
Revenue growth 5Y59.89%
Sales Q2Q%0.94%

3.2 Future

  • The Earnings Per Share is expected to grow by 31.98% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, DND will show a small growth in Revenue. The Revenue will grow by 2.58% on average per year.
EPS Next Y0.21%
EPS Next 2Y12.58%
EPS Next 3Y11.98%
EPS Next 5Y31.98%
Revenue Next Year-2.1%
Revenue Next 2Y-2.39%
Revenue Next 3Y0.26%
Revenue Next 5Y2.58%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
DND.CA Yearly Revenue VS EstimatesDND.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 100M 200M 300M 400M 500M
DND.CA Yearly EPS VS EstimatesDND.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.5 -0.5 1 -1 -1.5

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2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for DND. In the last year negative earnings were reported.
  • Also next year DND is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
DND.CA Price Earnings VS Forward Price EarningsDND.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, DND is valued cheaper than 82.09% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, DND is valued cheaper than 94.03% of the companies in the same industry.
Industry RankSector Rank
P/FCF 2.28
EV/EBITDA 7.14
DND.CA Per share dataDND.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 -10 -15 -20

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y12.58%
EPS Next 3Y11.98%

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3

5. Dividend

5.1 Amount

  • DND has a Yearly Dividend Yield of 1.90%.
  • The stock price of DND dropped by -53.15% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
  • DND's Dividend Yield is rather good when compared to the industry average which is at 0.25. DND pays more dividend than 97.01% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.83, DND has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.9%

5.2 History

  • DND has been paying a dividend for over 5 years, so it has already some track record.
  • DND has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years4
DND.CA Yearly Dividends per shareDND.CA Yearly Dividends per shareYearly Dividends per share 2020 2021 2022 2023 2024 2025 0.02 0.04 0.06 0.08

5.3 Sustainability

  • The earnings of DND are negative and hence is the payout ratio. DND will probably not be able to sustain this dividend level.
DP-3.41%
EPS Next 2Y12.58%
EPS Next 3Y11.98%
DND.CA Yearly Income VS Free CF VS DividendDND.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M

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DYE & DURHAM LTD

TSX:DND (12/15/2025, 7:00:00 PM)

4.17

-0.47 (-10.13%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)09-30
Earnings (Next)01-05
Inst Owners38.13%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap280.10M
Revenue(TTM)469.07M
Net Income(TTM)-153.91M
Analysts75.56
Price Target8.47 (103.12%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.9%
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP-3.41%
Div Incr Years1
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-104.34%
Min EPS beat(2)-133.38%
Max EPS beat(2)-75.3%
EPS beat(4)1
Avg EPS beat(4)-0.81%
Min EPS beat(4)-133.38%
Max EPS beat(4)248.52%
EPS beat(8)1
Avg EPS beat(8)-90.1%
EPS beat(12)1
Avg EPS beat(12)-1083.63%
EPS beat(16)1
Avg EPS beat(16)-863.38%
Revenue beat(2)0
Avg Revenue beat(2)-4.56%
Min Revenue beat(2)-7.6%
Max Revenue beat(2)-1.52%
Revenue beat(4)1
Avg Revenue beat(4)-2.19%
Min Revenue beat(4)-7.6%
Max Revenue beat(4)0.91%
Revenue beat(8)3
Avg Revenue beat(8)-1.97%
Revenue beat(12)3
Avg Revenue beat(12)-3.03%
Revenue beat(16)6
Avg Revenue beat(16)-0.98%
PT rev (1m)0%
PT rev (3m)-50.07%
EPS NQ rev (1m)-13.68%
EPS NQ rev (3m)-13.68%
EPS NY rev (1m)-8.58%
EPS NY rev (3m)-10.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.1%
Revenue NY rev (1m)-2.51%
Revenue NY rev (3m)-2.95%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.6
P/FCF 2.28
P/OCF 1.83
P/B 0.92
P/tB N/A
EV/EBITDA 7.14
EPS(TTM)-0.25
EYN/A
EPS(NY)-0.81
Fwd EYN/A
FCF(TTM)1.83
FCFY43.95%
OCF(TTM)2.28
OCFY54.56%
SpS6.98
BVpS4.53
TBVpS-22.78
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -6.83%
ROE -50.62%
ROCE 5.65%
ROIC 4.06%
ROICexc 4.15%
ROICexgc N/A
OM 20.81%
PM (TTM) N/A
GM 88.72%
FCFM 26.24%
ROA(3y)-5.16%
ROA(5y)-4.96%
ROE(3y)-28.09%
ROE(5y)N/A
ROIC(3y)2.65%
ROIC(5y)4.08%
ROICexc(3y)2.84%
ROICexc(5y)4.41%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)3.68%
ROCE(5y)5.67%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-13.82%
ROICexc growth 5Y-26.63%
OM growth 3Y-17.25%
OM growth 5Y-21.21%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.77%
GM growth 5Y-0.64%
F-Score4
Asset Turnover0.21
Health
Industry RankSector Rank
Debt/Equity 4.25
Debt/FCF 13.57
Debt/EBITDA 4.82
Cap/Depr 17.42%
Cap/Sales 6.33%
Interest Coverage 1.17
Cash Conversion 56.99%
Profit Quality N/A
Current Ratio 0.66
Quick Ratio 0.66
Altman-Z -0.01
F-Score4
WACC7.2%
ROIC/WACC0.56
Cap/Depr(3y)20.96%
Cap/Depr(5y)20.42%
Cap/Sales(3y)6.95%
Cap/Sales(5y)6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)84.66%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5.71%
EPS Next Y0.21%
EPS Next 2Y12.58%
EPS Next 3Y11.98%
EPS Next 5Y31.98%
Revenue 1Y (TTM)2.46%
Revenue growth 3Y29.88%
Revenue growth 5Y59.89%
Sales Q2Q%0.94%
Revenue Next Year-2.1%
Revenue Next 2Y-2.39%
Revenue Next 3Y0.26%
Revenue Next 5Y2.58%
EBIT growth 1Y45.26%
EBIT growth 3Y7.48%
EBIT growth 5Y25.98%
EBIT Next Year196.16%
EBIT Next 3Y43.06%
EBIT Next 5Y28.13%
FCF growth 1Y2.93%
FCF growth 3Y26.63%
FCF growth 5Y100.32%
OCF growth 1Y4.31%
OCF growth 3Y31.58%
OCF growth 5Y77.73%

DYE & DURHAM LTD / DND.CA FAQ

What is the fundamental rating for DND stock?

ChartMill assigns a fundamental rating of 3 / 10 to DND.CA.


What is the valuation status for DND stock?

ChartMill assigns a valuation rating of 2 / 10 to DYE & DURHAM LTD (DND.CA). This can be considered as Overvalued.


How profitable is DYE & DURHAM LTD (DND.CA) stock?

DYE & DURHAM LTD (DND.CA) has a profitability rating of 4 / 10.


How financially healthy is DYE & DURHAM LTD?

The financial health rating of DYE & DURHAM LTD (DND.CA) is 1 / 10.


Can you provide the expected EPS growth for DND stock?

The Earnings per Share (EPS) of DYE & DURHAM LTD (DND.CA) is expected to grow by 0.21% in the next year.