DigitalX Limited provides blockchain product development and digital asset funds management services in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.12|
|52 Week High||AU$0.048|
|52 Week Low||AU$0.14|
|1 Month Change||71.64%|
|3 Month Change||109.09%|
|1 Year Change||94.92%|
|3 Year Change||79.69%|
|5 Year Change||61.97%|
|Change since IPO||-59.65%|
Recent News & Updates
DigitalX's (ASX:DCC) Earnings Quality Is Low
DigitalX Limited's ( ASX:DCC ) weak earnings were disregarded by the market. Despite the market responding positively...
Calculating The Fair Value Of DigitalX Limited (ASX:DCC)
Does the August share price for DigitalX Limited ( ASX:DCC ) reflect what it's really worth? Today, we will estimate...
Companies Like DigitalX (ASX:DCC) Are In A Position To Invest In Growth
Just because a business does not make any money, does not mean that the stock will go down. By way of example, DigitalX...
|DCC||AU Software||AU Market|
Return vs Industry: DCC exceeded the Australian Software industry which returned 33.4% over the past year.
Return vs Market: DCC exceeded the Australian Market which returned 24.4% over the past year.
Stable Share Price: DCC is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: DCC's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
DigitalX Limited provides blockchain product development and digital asset funds management services in Australia. It operates through Blockchain Consulting and Development, and Asset Management segments. The Blockchain Consulting segment offers consulting, technical due diligence, and design and development solutions to businesses.
DigitalX Fundamentals Summary
|DCC fundamental statistics|
Is DCC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DCC income statement (TTM)|
|Cost of Revenue||AU$1.41m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0091|
|Net Profit Margin||67.66%|
How did DCC perform over the long term?See historical performance and comparison
Is DigitalX undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate DCC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DCC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DCC is good value based on its PE Ratio (12.6x) compared to the Australian Software industry average (45.3x).
PE vs Market: DCC is good value based on its PE Ratio (12.6x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DCC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DCC is good value based on its PB Ratio (2x) compared to the AU Software industry average (5.3x).
How is DigitalX forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software 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 DigitalX 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.
How has DigitalX performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DCC has a high level of non-cash earnings.
Growing Profit Margin: DCC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: DCC has become profitable over the past 5 years, growing earnings by 11.8% per year.
Accelerating Growth: DCC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: DCC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (37.5%).
Return on Equity
High ROE: DCC's Return on Equity (12.4%) is considered low.
How is DigitalX's financial position?
Financial Position Analysis
Short Term Liabilities: DCC's short term assets (A$51.4M) exceed its short term liabilities (A$3.6M).
Long Term Liabilities: DCC's short term assets (A$51.4M) exceed its long term liabilities (A$176.4K).
Debt to Equity History and Analysis
Debt Level: DCC is debt free.
Reducing Debt: DCC had no debt 5 years ago.
Debt Coverage: DCC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DCC has no debt, therefore coverage of interest payments is not a concern.
What is DigitalX current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DCC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DCC'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 DCC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DCC'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 DCC's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
DigitalX has no CEO, or we have no data on them.
Experienced Management: DCC's management team is considered experienced (3.5 years average tenure).
Experienced Board: DCC's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DCC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.8%.
DigitalX Limited's employee growth, exchange listings and data sources
- Name: DigitalX Limited
- Ticker: DCC
- Exchange: ASX
- Founded: 1988
- Industry: Application Software
- Sector: Software
- Market Cap: AU$85.063m
- Shares outstanding: 739.68m
- Website: https://www.digitalx.com
- DigitalX Limited
- Blockchain Centre Perth
- Suite 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:01|
|End of Day Share Price||2021/10/26 00:00|
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.