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DDB

Dynamic Drill and Blast HoldingsASX:DDB Stock Report

Market Cap

AU$54.0m

7D

-8.7%

1Y

-14.5%

Updated

22 Oct, 2021

Data

Company Financials
DDB fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

DDB Overview

Dynamic Drill and Blast Holdings Limited provides drilling and blasting services for mining and construction sectors in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Dynamic Drill and Blast Holdings
Historical stock prices
Current Share PriceAU$0.47
52 Week HighAU$0.40
52 Week LowAU$0.73
Beta0
1 Month Change9.30%
3 Month Change17.50%
1 Year Change-14.55%
3 Year Changen/a
5 Year Changen/a
Change since IPO4.44%

Recent News & Updates

Mar 07
Is Dynamic Drill and Blast Holdings Limited (ASX:DDB) A High Quality Stock To Own?

Is Dynamic Drill and Blast Holdings Limited (ASX:DDB) A High Quality Stock To Own?

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

Mar 07
Dynamic Drill and Blast Holdings' (ASX:DDB) Robust Earnings Are Not All Good News For Shareholders

Dynamic Drill and Blast Holdings' (ASX:DDB) Robust Earnings Are Not All Good News For Shareholders

Even though Dynamic Drill and Blast Holdings Limited ( ASX:DDB ) posted strong earnings recently, the stock hasn't...

Shareholder Returns

DDBAU ConstructionAU Market
7D-8.7%3.4%0.7%
1Y-14.5%1.3%21.4%

Return vs Industry: DDB underperformed the Australian Construction industry which returned -2.5% over the past year.

Return vs Market: DDB underperformed the Australian Market which returned 21.1% over the past year.

Price Volatility

Is DDB's price volatile compared to industry and market?
DDB volatility
DDB Beta0
Industry Beta0.99
Market Beta1

Stable Share Price: DDB is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: DDB's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2020n/aMark Davishttps://www.dynamicdrillandblast.com.au

Dynamic Drill and Blast Holdings Limited provides drilling and blasting services for mining and construction sectors in Western Australia. The company was incorporated in 2020 and is based in Wangara, Australia.

Dynamic Drill and Blast Holdings Fundamentals Summary

How do Dynamic Drill and Blast Holdings's earnings and revenue compare to its market cap?
DDB fundamental statistics
Market CapAU$53.99m
Earnings (TTM)AU$1.64m
Revenue (TTM)AU$22.51m

32.9x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DDB income statement (TTM)
RevenueAU$22.51m
Cost of RevenueAU$16.94m
Gross ProfitAU$5.56m
ExpensesAU$3.92m
EarningsAU$1.64m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.014
Gross Margin24.72%
Net Profit Margin7.29%
Debt/Equity Ratio58.8%

How did DDB perform over the long term?

See historical performance and comparison

Valuation

Is Dynamic Drill and Blast Holdings undervalued compared to its fair value and its price relative to the market?

32.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DDB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DDB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DDB is poor value based on its PE Ratio (32.9x) compared to the Australian Construction industry average (15.6x).

PE vs Market: DDB is poor value based on its PE Ratio (32.9x) compared to the Australian market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DDB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DDB is overvalued based on its PB Ratio (3.9x) compared to the AU Construction industry average (2x).


Future Growth

How is Dynamic Drill and Blast Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

29.3%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Dynamic Drill and Blast Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Dynamic Drill and Blast Holdings performed over the past 5 years?

277.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: DDB has a high level of non-cash earnings.

Growing Profit Margin: DDB's current net profit margins (7.3%) are higher than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if DDB's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare DDB's past year earnings growth to its 5-year average.

Earnings vs Industry: DDB earnings growth over the past year (277.1%) exceeded the Construction industry 25%.


Return on Equity

High ROE: DDB's Return on Equity (11.9%) is considered low.


Financial Health

How is Dynamic Drill and Blast Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: DDB's short term assets (A$14.5M) exceed its short term liabilities (A$6.1M).

Long Term Liabilities: DDB's short term assets (A$14.5M) exceed its long term liabilities (A$6.8M).


Debt to Equity History and Analysis

Debt Level: DDB's debt to equity ratio (58.8%) is considered high.

Reducing Debt: Insufficient data to determine if DDB's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: DDB's debt is well covered by operating cash flow (32.2%).

Interest Coverage: DDB's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


Dividend

What is Dynamic Drill and Blast Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DDB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DDB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DDB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DDB's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DDB's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average management tenure


CEO

Mark Davis

no data

Tenure

AU$295,751

Compensation

Mr. Mark Davis has been Managing Director and Executive Director of Dynamic Drill and Blast Holdings Limited from July 26, 2020 and May 13, 2020 respectively. Previously, Mr. Davis served as a Director sin...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD221.49K) is about average for companies of similar size in the Australian market ($USD303.55K).

Compensation vs Earnings: Mark's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: DDB's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: DDB's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 108.3%.


Top Shareholders

Company Information

Dynamic Drill and Blast Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Dynamic Drill and Blast Holdings Limited
  • Ticker: DDB
  • Exchange: ASX
  • Founded: 2020
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: AU$53.991m
  • Shares outstanding: 114.87m
  • Website: https://www.dynamicdrillandblast.com.au

Location

  • Dynamic Drill and Blast Holdings Limited
  • 54 Achievement Way
  • Wangara
  • Western Australia
  • 6065
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:04
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.