3.63 USD
-0.03 (-0.84%)
3.38 USD
-0.25 (-6.89%)
We assign a fundamental rating of 6 out of 10 to DSWL. DSWL was compared to 125 industry peers in the Electronic Equipment, Instruments & Components industry. While DSWL has a great health rating, its profitability is only average at the moment. DSWL is valued correctly, but it does not seem to be growing. DSWL also has an excellent dividend rating. With these ratings, DSWL could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
DSWL had positive earnings in the past year.
In the past year DSWL had a positive cash flow from operations.
DSWL had positive earnings in each of the past 5 years.
DSWL had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.27%, DSWL belongs to the top of the industry, outperforming 88.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.91%, DSWL is in the better half of the industry, outperforming 74.40% of the companies in the same industry.
The Return On Invested Capital of DSWL (2.55%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for DSWL is significantly below the industry average of 9.09%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.27% | ||
| ROE | 10.91% | ||
| ROIC | 2.55% |
ROA(3y)6.04%
ROA(5y)6.56%
ROE(3y)7.15%
ROE(5y)8.01%
ROIC(3y)2.65%
ROIC(5y)2.63%
1.3 Margins
DSWL has a Profit Margin of 16.47%. This is amongst the best in the industry. DSWL outperforms 93.60% of its industry peers.
In the last couple of years the Profit Margin of DSWL has grown nicely.
DSWL has a better Operating Margin (4.90%) than 63.20% of its industry peers.
In the last couple of years the Operating Margin of DSWL has grown nicely.
DSWL has a worse Gross Margin (20.18%) than 67.20% of its industry peers.
DSWL's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.9% | ||
| PM (TTM) | 16.47% | ||
| GM | 20.18% |
OM growth 3Y7.95%
OM growth 5Y16.94%
PM growth 3Y19.99%
PM growth 5YN/A
GM growth 3Y7.42%
GM growth 5Y2.09%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DSWL is destroying value.
Compared to 1 year ago, DSWL has about the same amount of shares outstanding.
The number of shares outstanding for DSWL has been increased compared to 5 years ago.
DSWL has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
DSWL has an Altman-Z score of 3.81. This indicates that DSWL is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.81, DSWL perfoms like the industry average, outperforming 56.80% of the companies in the same industry.
DSWL has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 3.81 |
ROIC/WACC0.28
WACC9.21%
2.3 Liquidity
DSWL has a Current Ratio of 5.45. This indicates that DSWL is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 5.45, DSWL belongs to the top of the industry, outperforming 83.20% of the companies in the same industry.
A Quick Ratio of 4.91 indicates that DSWL has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 4.91, DSWL belongs to the top of the industry, outperforming 84.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.45 | ||
| Quick Ratio | 4.91 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 45.73% over the past year.
The Earnings Per Share has been growing by 11.04% on average over the past years. This is quite good.
The Revenue has decreased by -2.53% in the past year.
DSWL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.67% yearly.
EPS 1Y (TTM)45.73%
EPS 3Y11.04%
EPS 5YN/A
EPS Q2Q%19.68%
Revenue 1Y (TTM)-2.53%
Revenue growth 3Y-7.71%
Revenue growth 5Y0.67%
Sales Q2Q%2.52%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 5.19 indicates a rather cheap valuation of DSWL.
DSWL's Price/Earnings ratio is rather cheap when compared to the industry. DSWL is cheaper than 97.60% of the companies in the same industry.
When comparing the Price/Earnings ratio of DSWL to the average of the S&P500 Index (26.31), we can say DSWL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.19 | ||
| Fwd PE | N/A |
4.2 Price Multiples
97.60% of the companies in the same industry are more expensive than DSWL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.38 | ||
| EV/EBITDA | -9.43 |
4.3 Compensation for Growth
DSWL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
DSWL has a Yearly Dividend Yield of 5.46%, which is a nice return.
DSWL's Dividend Yield is rather good when compared to the industry average which is at 2.35. DSWL pays more dividend than 98.40% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, DSWL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.46% |
5.2 History
The dividend of DSWL has a limited annual growth rate of 5.89%.
DSWL has paid a dividend for at least 10 years, which is a reliable track record.
As DSWL did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)5.89%
Div Incr Years0
Div Non Decr Years7
5.3 Sustainability
28.62% of the earnings are spent on dividend by DSWL. This is a low number and sustainable payout ratio.
DP28.62%
EPS Next 2YN/A
EPS Next 3YN/A
3.63
-0.03 (-0.84%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners3.05%
Inst Owner Change-15.99%
Ins Owners71.21%
Ins Owner ChangeN/A
Market Cap57.86M
Revenue(TTM)67.61M
Net Income(TTM)11.14M
Analysts0
Price TargetN/A
Short Float %0.13%
Short Ratio0.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.46% |
Yearly Dividend0.2
Dividend Growth(5Y)5.89%
DP28.62%
Div Incr Years0
Div Non Decr Years7
Ex-Date
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.19 | ||
| Fwd PE | N/A | ||
| P/S | 0.86 | ||
| P/FCF | 4.38 | ||
| P/OCF | 4.28 | ||
| P/B | 0.57 | ||
| P/tB | 0.57 | ||
| EV/EBITDA | -9.43 |
EPS(TTM)0.7
EY19.28%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.83
FCFY22.82%
OCF(TTM)0.85
OCFY23.39%
SpS4.24
BVpS6.41
TBVpS6.41
PEG (NY)N/A
PEG (5Y)N/A
Graham Number10.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.27% | ||
| ROE | 10.91% | ||
| ROCE | 3.23% | ||
| ROIC | 2.55% | ||
| ROICexc | 9.7% | ||
| ROICexgc | 9.7% | ||
| OM | 4.9% | ||
| PM (TTM) | 16.47% | ||
| GM | 20.18% | ||
| FCFM | 19.53% |
ROA(3y)6.04%
ROA(5y)6.56%
ROE(3y)7.15%
ROE(5y)8.01%
ROIC(3y)2.65%
ROIC(5y)2.63%
ROICexc(3y)7.45%
ROICexc(5y)6.56%
ROICexgc(3y)7.45%
ROICexgc(5y)6.56%
ROCE(3y)3.35%
ROCE(5y)3.34%
ROICexgc growth 3Y20.29%
ROICexgc growth 5Y26.32%
ROICexc growth 3Y20.29%
ROICexc growth 5Y26.32%
OM growth 3Y7.95%
OM growth 5Y16.94%
PM growth 3Y19.99%
PM growth 5YN/A
GM growth 3Y7.42%
GM growth 5Y2.09%
F-Score7
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 21.86% | ||
| Cap/Sales | 0.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 280.03% | ||
| Profit Quality | 118.53% | ||
| Current Ratio | 5.45 | ||
| Quick Ratio | 4.91 | ||
| Altman-Z | 3.81 |
F-Score7
WACC9.21%
ROIC/WACC0.28
Cap/Depr(3y)31.02%
Cap/Depr(5y)42.11%
Cap/Sales(3y)0.69%
Cap/Sales(5y)0.93%
Profit Quality(3y)288.78%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)45.73%
EPS 3Y11.04%
EPS 5YN/A
EPS Q2Q%19.68%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.53%
Revenue growth 3Y-7.71%
Revenue growth 5Y0.67%
Sales Q2Q%2.52%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-12.4%
EBIT growth 3Y-0.37%
EBIT growth 5Y17.72%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y2.92%
FCF growth 3YN/A
FCF growth 5Y0.92%
OCF growth 1Y2.47%
OCF growth 3YN/A
OCF growth 5Y0.62%
DESWELL INDUSTRIES INC / DSWL FAQ
What is the ChartMill fundamental rating of DESWELL INDUSTRIES INC (DSWL) stock?
ChartMill assigns a fundamental rating of 6 / 10 to DSWL.
Can you provide the valuation status for DESWELL INDUSTRIES INC?
ChartMill assigns a valuation rating of 5 / 10 to DESWELL INDUSTRIES INC (DSWL). This can be considered as Fairly Valued.
What is the profitability of DSWL stock?
DESWELL INDUSTRIES INC (DSWL) has a profitability rating of 6 / 10.
Can you provide the dividend sustainability for DSWL stock?
The dividend rating of DESWELL INDUSTRIES INC (DSWL) is 8 / 10 and the dividend payout ratio is 28.62%.