DYE & DURHAM LTD (DND.CA) Fundamental Analysis & Valuation
TSX:DND • CA2674881040
4.76 CAD
-0.11 (-2.26%)
Last: Mar 12, 2026, 07:00 PM
This DND.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Overall DND gets a fundamental rating of 3 out of 10. We evaluated DND against 68 industry peers in the Software industry. DND may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, DND is valued expensive at the moment.
1. DND.CA Profitability Analysis
1.1 Basic Checks
- DND had negative earnings in the past year.
- In the past year DND had a positive cash flow from operations.
- In the past 5 years DND reported 4 times negative net income.
- DND had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of -5.83%, DND is in line with its industry, outperforming 51.47% of the companies in the same industry.
- Looking at the Return On Equity, with a value of -54.34%, DND is doing worse than 64.71% of the companies in the same industry.
- The Return On Invested Capital of DND (1.29%) is better than 63.24% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for DND is significantly below the industry average of 12.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.83% | ||
| ROE | -54.34% | ||
| ROIC | 1.29% |
ROA(3y)-6.6%
ROA(5y)-4.41%
ROE(3y)-40.27%
ROE(5y)-25.05%
ROIC(3y)2.74%
ROIC(5y)2.81%
1.3 Margins
- DND has a Operating Margin of 6.88%. This is in the better half of the industry: DND outperforms 69.12% of its industry peers.
- DND's Operating Margin has declined in the last couple of years.
- DND has a Gross Margin of 97.14%. This is amongst the best in the industry. DND outperforms 97.06% of its industry peers.
- In the last couple of years the Gross Margin of DND has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.88% | ||
| PM (TTM) | N/A | ||
| GM | 97.14% |
OM growth 3Y-7.83%
OM growth 5Y-9.53%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.37%
GM growth 5Y0.43%
2. DND.CA Health Analysis
2.1 Basic Checks
- DND has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- The number of shares outstanding for DND has been increased compared to 1 year ago.
- DND has more shares outstanding than it did 5 years ago.
- DND has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of -0.19, we must say that DND is in the distress zone and has some risk of bankruptcy.
- DND has a Altman-Z score (-0.19) which is in line with its industry peers.
- The Debt to FCF ratio of DND is 11.40, which is on the high side as it means it would take DND, 11.40 years of fcf income to pay off all of its debts.
- DND has a better Debt to FCF ratio (11.40) than 61.76% of its industry peers.
- DND has a Debt/Equity ratio of 5.68. This is a high value indicating a heavy dependency on external financing.
- DND has a Debt to Equity ratio of 5.68. This is in the lower half of the industry: DND underperforms 72.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.68 | ||
| Debt/FCF | 11.4 | ||
| Altman-Z | -0.19 |
ROIC/WACC0.18
WACC7.16%
2.3 Liquidity
- DND has a Current Ratio of 0.68. This is a bad value and indicates that DND is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.68, DND is doing worse than 64.71% of the companies in the same industry.
- DND has a Quick Ratio of 0.68. This is a bad value and indicates that DND is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of DND (0.68) is worse than 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 |
3. DND.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 27.03% over the past year.
- Looking at the last year, DND shows a very negative growth in Revenue. The Revenue has decreased by -11.24% in the last year.
- DND shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 46.42% yearly.
EPS 1Y (TTM)27.03%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-18.52%
Revenue 1Y (TTM)-11.24%
Revenue growth 3Y-2.45%
Revenue growth 5Y46.42%
Sales Q2Q%-11.33%
3.2 Future
- DND is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.88% yearly.
- Based on estimates for the next years, DND will show a small growth in Revenue. The Revenue will grow by 3.79% on average per year.
EPS Next Y-38.72%
EPS Next 2Y20.47%
EPS Next 3Y9.88%
EPS Next 5YN/A
Revenue Next Year-5.1%
Revenue Next 2Y-2.02%
Revenue Next 3Y-3.01%
Revenue Next 5Y3.79%
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.
4. DND.CA Valuation Analysis
4.1 Price/Earnings Ratio
- DND reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for DND. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
- DND's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DND is cheaper than 72.06% of the companies in the same industry.
- 95.59% of the companies in the same industry are more expensive than DND, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.28 | ||
| EV/EBITDA | 10 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y20.47%
EPS Next 3Y9.88%
5. DND.CA Dividend Analysis
5.1 Amount
- DND has a Yearly Dividend Yield of 1.43%. Purely for dividend investing, there may be better candidates out there.
- In the last 3 months the price of DND has falen by -27.99%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
- Compared to an average industry Dividend Yield of 0.27, DND pays a better dividend. On top of this DND pays more dividend than 95.59% of the companies listed in the same industry.
- Compared to the average S&P500 Dividend Yield of 1.82, DND is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.43% |
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
5.3 Sustainability
- DND has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-2.09%
EPS Next 2Y20.47%
EPS Next 3Y9.88%
DND.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:DND (3/12/2026, 7:00:00 PM)
4.76
-0.11 (-2.26%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-16 2026-02-16
Earnings (Next)05-11 2026-05-11
Inst Owners40.28%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap319.73M
Revenue(TTM)415.43M
Net Income(TTM)-120.43M
Analysts73.33
Price Target7.04 (47.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.43% |
Yearly Dividend0.08
Dividend Growth(5Y)N/A
DP-2.09%
Div Incr Years1
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.08%
Min Revenue beat(2)-2.39%
Max Revenue beat(2)-1.76%
Revenue beat(4)0
Avg Revenue beat(4)-2.95%
Min Revenue beat(4)-7.6%
Max Revenue beat(4)-0.04%
Revenue beat(8)1
Avg Revenue beat(8)-2.48%
Revenue beat(12)3
Avg Revenue beat(12)-2.11%
Revenue beat(16)4
Avg Revenue beat(16)-2.43%
PT rev (1m)-16.87%
PT rev (3m)-16.87%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-38.2%
EPS NY rev (3m)-38.2%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-2.48%
Revenue NY rev (3m)-2.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.77 | ||
| P/FCF | 2.28 | ||
| P/OCF | 2.06 | ||
| P/B | 1.44 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10 |
EPS(TTM)-0.81
EYN/A
EPS(NY)-0.44
Fwd EYN/A
FCF(TTM)2.09
FCFY43.91%
OCF(TTM)2.31
OCFY48.58%
SpS6.18
BVpS3.3
TBVpS-22.39
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.83% | ||
| ROE | -54.34% | ||
| ROCE | 1.79% | ||
| ROIC | 1.29% | ||
| ROICexc | 1.32% | ||
| ROICexgc | N/A | ||
| OM | 6.88% | ||
| PM (TTM) | N/A | ||
| GM | 97.14% | ||
| FCFM | 33.79% |
ROA(3y)-6.6%
ROA(5y)-4.41%
ROE(3y)-40.27%
ROE(5y)-25.05%
ROIC(3y)2.74%
ROIC(5y)2.81%
ROICexc(3y)2.83%
ROICexc(5y)3.12%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)3.81%
ROCE(5y)3.9%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-5.55%
ROICexc growth 5Y-19.57%
OM growth 3Y-7.83%
OM growth 5Y-9.53%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.37%
GM growth 5Y0.43%
F-Score6
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.68 | ||
| Debt/FCF | 11.4 | ||
| Debt/EBITDA | 6.67 | ||
| Cap/Depr | 9.32% | ||
| Cap/Sales | 3.6% | ||
| Interest Coverage | 0.23 | ||
| Cash Conversion | 82.22% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | -0.19 |
F-Score6
WACC7.16%
ROIC/WACC0.18
Cap/Depr(3y)18.48%
Cap/Depr(5y)18.51%
Cap/Sales(3y)6.74%
Cap/Sales(5y)5.95%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)27.03%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-18.52%
EPS Next Y-38.72%
EPS Next 2Y20.47%
EPS Next 3Y9.88%
EPS Next 5YN/A
Revenue 1Y (TTM)-11.24%
Revenue growth 3Y-2.45%
Revenue growth 5Y46.42%
Sales Q2Q%-11.33%
Revenue Next Year-5.1%
Revenue Next 2Y-2.02%
Revenue Next 3Y-3.01%
Revenue Next 5Y3.79%
EBIT growth 1Y-70.93%
EBIT growth 3Y-10.09%
EBIT growth 5Y32.47%
EBIT Next Year102.1%
EBIT Next 3Y22.47%
EBIT Next 5Y29.29%
FCF growth 1Y15.22%
FCF growth 3Y-7.54%
FCF growth 5Y65.14%
OCF growth 1Y-4.98%
OCF growth 3Y-7.19%
OCF growth 5Y61.71%
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 3 / 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 decline by -38.72% in the next year.