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DW8

Digital Wine VenturesASX:DW8 Stock Report

Market Cap

AU$109.1m

7D

-4.9%

1Y

23.4%

Updated

22 Oct, 2021

Data

Company Financials
DW8 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

DW8 Overview

Digital Wine Ventures Limited operates as a wine distribution company in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Digital Wine Ventures
Historical stock prices
Current Share PriceAU$0.058
52 Week HighAU$0.039
52 Week LowAU$0.21
Beta0.49
1 Month Change-12.12%
3 Month Change-29.27%
1 Year Change23.40%
3 Year Change728.57%
5 Year Changen/a
Change since IPO100.00%

Recent News & Updates

Jun 13
We're Not Very Worried About Digital Wine Ventures' (ASX:DW8) Cash Burn Rate

We're Not Very Worried About Digital Wine Ventures' (ASX:DW8) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, Digital Wine...

Feb 28
We're Hopeful That Digital Wine Ventures (ASX:DW8) Will Use Its Cash Wisely

We're Hopeful That Digital Wine Ventures (ASX:DW8) Will Use Its Cash Wisely

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

DW8AU Online RetailAU Market
7D-4.9%0.5%0.7%
1Y23.4%-23.3%21.4%

Return vs Industry: DW8 exceeded the Australian Online Retail industry which returned -23.3% over the past year.

Return vs Market: DW8 exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is DW8's price volatile compared to industry and market?
DW8 volatility
DW8 Beta0.49
Industry Beta1.05
Market Beta1

Stable Share Price: DW8 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: DW8's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aThe Boss Taylorhttps://www.digitalwine.ventures

Digital Wine Ventures Limited operates as a wine distribution company in Australia. The company operates WINEDEPOT, a cloud-based technology platform that provides integrated trading, logistics, and payment management solutions to producers, distributors, and importers. It also offers wine storage services.

Digital Wine Ventures Fundamentals Summary

How do Digital Wine Ventures's earnings and revenue compare to its market cap?
DW8 fundamental statistics
Market CapAU$109.14m
Earnings (TTM)-AU$6.93m
Revenue (TTM)AU$2.60m

42.0x

P/S Ratio

-15.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DW8 income statement (TTM)
RevenueAU$2.60m
Cost of RevenueAU$2.58m
Gross ProfitAU$19.41k
ExpensesAU$6.95m
Earnings-AU$6.93m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0037
Gross Margin0.75%
Net Profit Margin-266.21%
Debt/Equity Ratio0%

How did DW8 perform over the long term?

See historical performance and comparison

Valuation

Is Digital Wine Ventures undervalued compared to its fair value and its price relative to the market?

12.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DW8's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DW8's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DW8 is unprofitable, so we can't compare its PE Ratio to the Australian Online Retail industry average.

PE vs Market: DW8 is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DW8's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DW8 is overvalued based on its PB Ratio (12.4x) compared to the AU Online Retail industry average (6.7x).


Future Growth

How is Digital Wine Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.3%

Forecasted Retail 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 Digital Wine Ventures 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 Digital Wine Ventures performed over the past 5 years?

-9.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DW8 is currently unprofitable.

Growing Profit Margin: DW8 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DW8 is unprofitable, and losses have increased over the past 5 years at a rate of 9.7% per year.

Accelerating Growth: Unable to compare DW8's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DW8 is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (54%).


Return on Equity

High ROE: DW8 has a negative Return on Equity (-78.8%), as it is currently unprofitable.


Financial Health

How is Digital Wine Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: DW8's short term assets (A$7.1M) exceed its short term liabilities (A$2.1M).

Long Term Liabilities: DW8's short term assets (A$7.1M) exceed its long term liabilities (A$2.0M).


Debt to Equity History and Analysis

Debt Level: DW8 is debt free.

Reducing Debt: DW8 has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: DW8 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: DW8 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.4% each year


Dividend

What is Digital Wine Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DW8's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DW8'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 DW8's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DW8'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 DW8'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?

1.8yrs

Average management tenure


CEO

The Boss Taylor

3yrs

Tenure

AU$842,919

Compensation

Mr. Dean Taylor, also known as The Boss, B’ARCH HONS, is Chief Executive Officer at Digital Wine Ventures Limited (formerly Dawine Limited) since October 10, 2018 and its Executive Director since February...


CEO Compensation Analysis

Compensation vs Market: The Boss's total compensation ($USD631.26K) is above average for companies of similar size in the Australian market ($USD303.33K).

Compensation vs Earnings: The Boss's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: DW8's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: DW8's board of directors are not considered experienced ( 2 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 diluted in the past year, with total shares outstanding growing by 26.5%.


Top Shareholders

Company Information

Digital Wine Ventures Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Digital Wine Ventures Limited
  • Ticker: DW8
  • Exchange: ASX
  • Founded: NaN
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: AU$109.145m
  • Shares outstanding: 1.88b
  • Website: https://www.digitalwine.ventures

Location

  • Digital Wine Ventures Limited
  • 61 York Street
  • Level 7
  • Sydney
  • New South Wales
  • 2000
  • 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 15:50
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.