DYE & DURHAM LTD (DND.CA) Fundamental Analysis & Valuation
TSX:DND • CA2674881040
5 CAD
-0.23 (-4.4%)
Last: Mar 6, 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.
DND gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 68 industry peers in the Software industry. Both the profitability and financial health of DND have multiple concerns. DND is quite expensive at the moment. It does show a decent growth rate.
1. DND.CA Profitability Analysis
1.1 Basic Checks
- In the past year DND has reported negative net income.
- DND had a positive operating cash flow in the past year.
- In the past 5 years DND reported 4 times negative net income.
- Each year in the past 5 years DND had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of DND (-5.83%) is comparable to the rest of the 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.
- DND has a better Return On Invested Capital (1.29%) 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's Operating Margin of 6.88% is fine compared to the rest of the industry. DND outperforms 69.12% of its industry peers.
- In the last couple of years the Operating Margin of DND has declined.
- DND has a better Gross Margin (97.14%) than 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DND is destroying value.
- Compared to 1 year ago, DND has more shares outstanding
- Compared to 5 years ago, DND has more shares outstanding
- Compared to 1 year ago, DND has a worse debt to assets ratio.
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.
- With a Altman-Z score value of -0.19, DND perfoms like the industry average, outperforming 41.18% of the companies in the same industry.
- DND has a debt to FCF ratio of 11.40. This is a negative value and a sign of low solvency as DND would need 11.40 years to pay back of all of its debts.
- The Debt to FCF ratio of DND (11.40) is better 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
WACC7.23%
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.
- DND has a Quick ratio of 0.68. This is in the lower half of the industry: DND underperforms 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.
- DND is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.79% yearly.
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
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. DND.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for DND. In the last year negative earnings were reported.
- 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
- Based on the Enterprise Value to EBITDA ratio, DND is valued a bit cheaper than the industry average as 72.06% of the companies are valued more expensively.
- Based on the Price/Free Cash Flow ratio, DND is valued cheaply inside the industry as 95.59% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.39 | ||
| EV/EBITDA | 10.05 |
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 -25.60%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
- DND's Dividend Yield is rather good when compared to the industry average which is at 0.27. DND pays more dividend than 95.59% of the companies 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
- The earnings of DND are negative and hence is the payout ratio. DND will probably not be able to sustain this dividend level.
DP-2.09%
EPS Next 2Y20.47%
EPS Next 3Y9.88%
DND.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:DND (3/6/2026, 7:00:00 PM)
5
-0.23 (-4.4%)
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 Cap335.85M
Revenue(TTM)415.43M
Net Income(TTM)-120.43M
Analysts73.33
Price Target7.04 (40.8%)
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 | 0.81 | ||
| P/FCF | 2.39 | ||
| P/OCF | 2.16 | ||
| P/B | 1.52 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.05 |
EPS(TTM)-0.81
EYN/A
EPS(NY)-0.44
Fwd EYN/A
FCF(TTM)2.09
FCFY41.8%
OCF(TTM)2.31
OCFY46.25%
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
WACC7.23%
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.