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Data#3

ASX:DTL
Snowflake Description

Flawless balance sheet with solid track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DTL
ASX
A$402M
Market Cap
  1. Home
  2. AU
  3. Software
Company description

Data#3 Limited, together with its subsidiaries, provides information technology (IT) solutions primarily in Australia. The last earnings update was 151 days ago. More info.


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  • Data#3 has significant price volatility in the past 3 months.
DTL Share Price and Events
7 Day Returns
4.8%
ASX:DTL
-0.6%
AU IT
0%
AU Market
1 Year Returns
62.1%
ASX:DTL
10.1%
AU IT
4.8%
AU Market
DTL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Data#3 (DTL) 4.8% 20.3% 49.1% 62.1% 126% 239%
AU IT -0.6% 2.6% -0.2% 10.1% 47.6% 44.2%
AU Market 0% 0.9% 6.8% 4.8% 20.1% 12.2%
1 Year Return vs Industry and Market
  • DTL outperformed the IT industry which returned 10.1% over the past year.
  • DTL outperformed the Market in Australia which returned 4.8% over the past year.
Price Volatility
DTL
Industry
5yr Volatility vs Market
Related Companies

DTL Value

 Is Data#3 undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Data#3 to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Data#3.

ASX:DTL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.2%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:DTL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 0.99
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.987 (1 + (1- 30%) (0.03%))
0.992
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (0.992 * 5.96%)
8.22%

Discounted Cash Flow Calculation for ASX:DTL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Data#3 is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:DTL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 8.22%)
2020 21.00 Analyst x1 19.40
2021 22.10 Analyst x1 18.87
2022 23.04 Est @ 4.27% 18.18
2023 23.89 Est @ 3.68% 17.42
2024 24.67 Est @ 3.27% 16.62
2025 25.41 Est @ 2.98% 15.82
2026 26.12 Est @ 2.78% 15.02
2027 26.81 Est @ 2.64% 14.25
2028 27.49 Est @ 2.54% 13.50
2029 28.17 Est @ 2.47% 12.78
Present value of next 10 years cash flows A$161.86
ASX:DTL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= A$28.17 × (1 + 2.31%) ÷ (8.22% – 2.31%)
A$487.62
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$487.62 ÷ (1 + 8.22%)10
A$221.27
ASX:DTL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$161.86 + A$221.27
A$383.13
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$383.13 / 153.97
A$2.49
ASX:DTL Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$2.49
Current discount Discount to share price of A$2.61
= -1 x (A$2.61 - A$2.49) / A$2.49
-4.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Data#3 is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Data#3's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Data#3's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:DTL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.11
ASX:DTL Share Price ** ASX (2019-07-19) in AUD A$2.61
Australia IT Industry PE Ratio Median Figure of 17 Publicly-Listed IT Companies 20.72x
Australia Market PE Ratio Median Figure of 546 Publicly-Listed Companies 16.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Data#3.

ASX:DTL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:DTL Share Price ÷ EPS (both in AUD)

= 2.61 ÷ 0.11

22.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Data#3 is overvalued based on earnings compared to the AU IT industry average.
  • Data#3 is overvalued based on earnings compared to the Australia market.
Price based on expected Growth
Does Data#3's expected growth come at a high price?
Raw Data
ASX:DTL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 22.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
8.9%per year
Australia IT Industry PEG Ratio Median Figure of 12 Publicly-Listed IT Companies 1.21x
Australia Market PEG Ratio Median Figure of 361 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

ASX:DTL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 22.95x ÷ 8.9%

2.57x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Data#3 is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Data#3's assets?
Raw Data
ASX:DTL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.26
ASX:DTL Share Price * ASX (2019-07-19) in AUD A$2.61
Australia IT Industry PB Ratio Median Figure of 32 Publicly-Listed IT Companies 2.99x
Australia Market PB Ratio Median Figure of 1,693 Publicly-Listed Companies 1.7x
ASX:DTL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:DTL Share Price ÷ Book Value per Share (both in AUD)

= 2.61 ÷ 0.26

9.91x

* Primary Listing of Data#3.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Data#3 is overvalued based on assets compared to the AU IT industry average.
X
Value checks
We assess Data#3's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Data#3 has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DTL Future Performance

 How is Data#3 expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Data#3 expected to grow at an attractive rate?
  • Data#3's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Data#3's earnings growth is expected to exceed the Australia market average.
  • Data#3's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:DTL Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:DTL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 8.9%
ASX:DTL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 8.1%
Australia IT Industry Earnings Growth Rate Market Cap Weighted Average 26.1%
Australia IT Industry Revenue Growth Rate Market Cap Weighted Average 18.2%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7.4%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:DTL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:DTL Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 1,596 24 22 1
2020-06-30 1,408 23 20 2
2019-06-30 1,360 29 18 1
ASX:DTL Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,277 7 18
2018-09-30 1,229 8 16
2018-06-30 1,180 8 14
2018-03-31 1,160 12 13
2017-12-31 1,139 17 12
2017-09-30 1,118 34 14
2017-06-30 1,097 51 15
2017-03-31 1,064 35 15
2016-12-31 1,030 19 15
2016-09-30 1,006 13 15
2016-06-30 981 7 14
2016-03-31 951 15 13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Data#3's earnings are expected to grow by 8.9% yearly, however this is not considered high growth (20% yearly).
  • Data#3's revenue is expected to grow by 8.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:DTL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Data#3 Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:DTL Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 0.14 0.14 0.14 1.00
2020-06-30 0.13 0.13 0.13 1.00
2019-06-30 0.12 0.12 0.12 1.00
ASX:DTL Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.11
2018-09-30 0.10
2018-06-30 0.09
2018-03-31 0.09
2017-12-31 0.08
2017-09-30 0.09
2017-06-30 0.10
2017-03-31 0.10
2016-12-31 0.10
2016-09-30 0.09
2016-06-30 0.09
2016-03-31 0.08

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Data#3 is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Data#3's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Data#3 has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DTL Past Performance

  How has Data#3 performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Data#3's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Data#3's year on year earnings growth rate has been positive over the past 5 years.
  • Data#3's 1-year earnings growth exceeds its 5-year average (41.5% vs 14.7%)
  • Data#3's earnings growth has not exceeded the AU IT industry average in the past year (41.5% vs 50.5%).
Earnings and Revenue History
Data#3's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Data#3 Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:DTL Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,277.24 17.51 12.60
2018-09-30 1,228.77 15.80 12.75
2018-06-30 1,180.30 14.08 12.91
2018-03-31 1,159.51 13.23 13.11
2017-12-31 1,138.72 12.38 13.31
2017-09-30 1,118.01 13.88 13.21
2017-06-30 1,097.29 15.38 13.11
2017-03-31 1,063.53 15.33 13.07
2016-12-31 1,029.77 15.28 13.02
2016-09-30 1,005.54 14.55 12.95
2016-06-30 981.32 13.83 12.88
2016-03-31 950.99 12.56 12.13
2015-12-31 920.66 11.29 11.38
2015-09-30 895.05 10.95 10.74
2015-06-30 869.44 10.60 10.11
2015-03-31 854.61 9.57 9.94
2014-12-31 839.78 8.53 9.78
2014-09-30 835.94 8.03 9.63
2014-06-30 832.10 7.52 9.48
2014-03-31 797.25 7.71 9.63
2013-12-31 762.41 7.89 9.77
2013-09-30 766.12 10.01 9.96
2013-06-30 769.83 12.14 10.14
2013-03-31 775.16 12.72 9.95
2012-12-31 780.50 13.31 9.76
2012-09-30 794.99 13.49 9.47

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Data#3 made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Data#3 used its assets more efficiently than the AU IT industry average last year based on Return on Assets.
  • Data#3 has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Data#3's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Data#3 has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DTL Health

 How is Data#3's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Data#3's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Data#3 is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Data#3's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Data#3's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1361.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Data#3 Company Filings, last reported 6 months ago.

ASX:DTL Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 41.02 0.00 7.30
2018-09-30 41.02 0.00 7.30
2018-06-30 45.04 0.00 128.35
2018-03-31 45.04 0.00 128.35
2017-12-31 36.19 0.00 16.27
2017-09-30 36.19 0.00 16.27
2017-06-30 42.76 0.00 135.70
2017-03-31 42.76 0.00 135.70
2016-12-31 38.03 0.00 17.42
2016-09-30 38.03 0.00 17.42
2016-06-30 40.63 0.00 102.28
2016-03-31 40.63 0.00 102.28
2015-12-31 35.03 0.00 14.61
2015-09-30 35.03 0.00 14.61
2015-06-30 36.37 0.00 108.97
2015-03-31 36.37 0.00 108.97
2014-12-31 32.58 0.00 6.06
2014-09-30 32.58 0.00 6.06
2014-06-30 33.62 0.00 103.43
2014-03-31 33.62 0.00 103.43
2013-12-31 30.98 0.00 6.32
2013-09-30 30.98 0.00 6.32
2013-06-30 33.87 0.00 85.32
2013-03-31 33.87 0.00 85.32
2012-12-31 33.87 0.00 3.63
2012-09-30 33.87 0.00 3.63
  • Data#3's level of debt (0.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (4.9% vs 0.3% today).
  • Debt is well covered by operating cash flow (5834.7%, greater than 20% of total debt).
  • Data#3 earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Data#3's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Data#3 has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DTL Dividends

 What is Data#3's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.91%
Current annual income from Data#3 dividends. Estimated to be 4.42% next year.
If you bought A$2,000 of Data#3 shares you are expected to receive A$78 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Data#3's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.53%).
  • Data#3's dividend is below the markets top 25% of dividend payers in Australia (5.79%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:DTL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Australia IT Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 2.4%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.4%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:DTL Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.12 1.00
2020-06-30 0.11 2.00
2019-06-30 0.10 1.00
ASX:DTL Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-02-19 0.102 5.473
2018-08-22 0.082 5.336
2018-02-20 0.072 4.378
2017-08-22 0.089 4.991
2017-02-21 0.089 5.189
2016-08-22 0.080 5.081
2016-02-22 0.067 6.041
2015-08-19 0.063 5.765
2014-08-20 0.045 5.875
2013-08-22 0.070 8.455
2013-02-20 0.070 5.858
2012-08-24 0.070 5.849
2012-02-20 0.074 6.699
2011-08-22 0.078 6.376
2011-02-21 0.071 5.135
2010-08-23 0.056 5.166
2010-02-22 0.053 6.453
2009-08-24 0.050 6.247
2009-02-23 0.048 8.667
2008-08-25 0.046 8.927

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Data#3's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.1x coverage).
X
Income/ dividend checks
We assess Data#3's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Data#3 afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Data#3 has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DTL Management

 What is the CEO of Data#3's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Laurence Baynham
COMPENSATION A$880,100
TENURE AS CEO 4.7 years
CEO Bio

Mr. Laurence Baynham, BBus (Honours), FAICD, has been the Chief Executive Officer of Data#3 Limited since November 21, 2014 and has been its Managing Director since November 16, 2016. Mr. Baynham is responsible for the day-to-day operational and planning activities for Data#3. Mr. Baynham served as Group General Manager of Data#3 Ltd., until November 21, 2014 and was responsible for profit and customer satisfaction across its lines of business and geographies. Mr. Baynham is an ICT professional with 25 years industry experience spanning hardware vendors, software vendors and system integrators. He joined Data#3 in 1994. He has been an Executive Director at Data#3 Limited since November 16, 2016. He serves as the sole director of Business Aspect. He serves on a number of global advisory boards for key strategic partners representing Data#3 and the wider Australian channel community. He is a member of the IBM Business Partner Advisory Council for Asia Pacific. He is a member of the Cisco Advisory board for Asia Pacific. He has been a member of the Australian Computer Society (MACS) since 1992. He is a member of the Faculty of IT Advisory board for Queensland University of Technology. He is a Fellow of the Australian Institute of Company Directors. Mr. Baynham has a Bachelor of Business (Hons) from East London University and is a graduate of the INSEAD Business School (Singapore) Strategic Management Academy.

CEO Compensation
  • Laurence's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Laurence's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Data#3 management team in years:

4.7
Average Tenure
  • The tenure for the Data#3 management team is about average.
Management Team

Laurence Baynham

TITLE
MD, CEO & Executive Director
COMPENSATION
A$880K
TENURE
4.7 yrs

Brem Hill

TITLE
CFO, Company Secretary & Financial Controller
COMPENSATION
A$500K
TENURE
27.5 yrs

Brad Colledge

TITLE
Executive GM of Software Solutions & Infrastructure Solutions
COMPENSATION
A$640K
TENURE
4 yrs

Michael Bowser

TITLE
Executive General Manager of Services
COMPENSATION
A$546K
TENURE
4 yrs

Dave Lennon

TITLE
Managing Partner of Business Aspect

Terence Bonner

TITLE
General Counsel & Joint Company Secretary
TENURE
14.5 yrs

Paul Crouch

TITLE
General Manager of NSW/ACT
COMPENSATION
A$329K
Board of Directors Tenure

Average tenure of the Data#3 board of directors in years:

10.4
Average Tenure
  • The average tenure for the Data#3 board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Richard Anderson

TITLE
Non-Executive Chairman
COMPENSATION
A$142K
AGE
73
TENURE
18.8 yrs

Laurence Baynham

TITLE
MD, CEO & Executive Director
COMPENSATION
A$880K
TENURE
2.7 yrs

Leanne Muller

TITLE
Independent Non-Executive Director
COMPENSATION
A$93K
TENURE
3.4 yrs

W. Powell

TITLE
Independent Non-Executive Director
COMPENSATION
A$82K
TENURE
17.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
12. Mar 19 Sell Cat Rock Capital Management LP Company 09. Jan 19 08. Mar 19 -5,606,396 A$2.04 A$-11,411,841
12. Mar 19 Buy Cat Rock Capital Management LP Company 27. Sep 18 04. Oct 18 138,871 A$1.47 A$203,580
07. Mar 19 Buy Richard Anderson Individual 07. Mar 19 07. Mar 19 10,000 A$1.60 A$16,000
01. Mar 19 Sell W. Powell Individual 27. Feb 19 28. Feb 19 -30,000 A$1.63 A$-48,988
27. Feb 19 Sell Elterry Pty Ltd Company 25. Feb 19 26. Feb 19 -80,000 A$1.61 A$-128,585
26. Feb 19 Buy Leanne Muller Individual 26. Feb 19 26. Feb 19 10,000 A$1.60 A$16,050
21. Nov 18 Buy Richard Anderson Individual 20. Nov 18 20. Nov 18 20,000 A$1.52 A$30,400
24. Sep 18 Buy Leanne Muller Individual 20. Sep 18 24. Sep 18 20,000 A$1.46 A$29,165
06. Sep 18 Sell Elterry Pty Ltd Company 31. Aug 18 04. Sep 18 -62,366 A$1.65 A$-102,615
X
Management checks
We assess Data#3's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Data#3 has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DTL News

Simply Wall St News

Data#3 Limited (ASX:DTL) Delivered A Better ROE Than Its Industry

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Data#3: 42% = AU$18m ÷ AU$41m (Based on the trailing twelve months to December 2018.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … In my book the highest quality companies have high return on equity, despite low debt. … If you would prefer check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

Simply Wall St -

Data#3 (ASX:DTL) Seems To Use Debt Rather Sparingly

While Data#3 has net cash on its balance sheet, it's still worth taking a look at its ability to convert earnings before interest and tax (EBIT) to free cash flow, to help us understand how quickly it is building (or eroding) that cash balance. … During the last three years, Data#3 produced sturdy free cash flow equating to 53% of its EBIT, about what we'd expect. … This free cash flow puts the company in a good position to pay down debt, when appropriate.

Simply Wall St -

What Kind Of Shareholder Appears On The Data#3 Limited's (ASX:DTL) Shareholder Register?

Check out our latest analysis for Data#3 ASX:DTL Ownership Summary, June 9th 2019 What Does The Institutional Ownership Tell Us About Data#3? … General Public Ownership The general public -- mostly retail investors -- own 67% of Data#3. … Private Company Ownership We can see that Private Companies own 8.1%, of the shares on issue.

Simply Wall St -

Is There An Opportunity With Data#3 Limited's (ASX:DTL) 30% Undervaluation?

A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, and so the sum of these future cash flows is then discounted to today's value: 10-year free cash flow (FCF) forecast 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF (A$, Millions) A$14.90 A$12.40 A$16.80 A$20.46 A$23.73 A$26.54 A$28.93 A$30.95 A$32.68 A$34.19 Growth Rate Estimate Source Analyst x1 Analyst x1 Analyst x1 Est @ 21.8% Est @ 15.96% Est @ 11.86% Est @ 9% Est @ 6.99% Est @ 5.59% Est @ 4.61% Present Value (A$, Millions) Discounted @ 8.46% A$13.74 A$10.54 A$13.17 A$14.79 A$15.81 A$16.30 A$16.38 A$16.16 A$15.73 A$15.17 Present Value of 10-year Cash Flow (PVCF)= A$147.78m "Est" = FCF growth rate estimated by Simply Wall St After calculating the present value of future cash flows in the intial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. … Terminal Value (TV) = FCF2029 × (1 + g) ÷ (r – g) = AU$34m × (1 + 2.3%) ÷ (8.5% – 2.3%) = AU$569m Present Value of Terminal Value (PVTV) = TV / (1 + r)10 = A$AU$569m ÷ ( 1 + 8.5%)10 = A$252.32m The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is A$400.10m. … ASX:DTL Intrinsic value, May 26th 2019 Important assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows.

Simply Wall St -

If You Like EPS Growth Then Check Out Data#3 (ASX:DTL) Before It's Too Late

See our latest analysis for Data#3 Data#3's Earnings Per Share Are Growing. … I like to see top-line growth as an indication that growth is sustainable, and I look for a high earnings before interest and taxation (EBIT) margin to point to a competitive moat (though some companies with low margins also have moats). … As I already mentioned, Data#3 is a growing business, which is what I like to see.

Simply Wall St -

Why I Like Data#3 Limited (ASX:DTL)

Want to participate in a short research study? … Help shape the future of investing tools and you could win a $250 gift card! … In the case of Data#3 Limited (ASX:DTL), there's

Simply Wall St -

Are Dividend Investors Getting More Than They Bargained For With Data#3 Limited's (ASX:DTL) Dividend?

Dividend paying stocks like Data#3 Limited (ASX:DTL) tend to be popular with investors, and for good reason - some research shows that a significant amount of all stock market returns come from reinvested dividends. … Unfortunately, one common occurrence with dividend companies is for investors to be enticed in by the seemingly attractive yield, and lose money when the company has to cut its dividend payments. … When buying stocks for their dividends, you should always run through the checks below, to see if the dividend looks sustainable.

Simply Wall St -

Does Data#3 Limited's (ASX:DTL) CEO Pay Matter?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Laurence Baynham's Compensation Compare With Similar Sized Companies. … According to our data, Data#3 Limited has a market capitalization of AU$276m, and pays its CEO total annual compensation worth AU$880k.

Simply Wall St -

Can Data#3 Limited (ASX:DTL) Maintain Its Strong Returns?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every A$1 worth of shareholders' equity, it generated A$0.42 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Only 4 Days Left To Cash In On Data#3 Limited (ASX:DTL) Dividend

On the 29 March 2019, Data#3 Limited (ASX:DTL) will be paying shareholders an upcoming dividend amount of AU$0.036 per share. … Has it paid dividend every year without dramatically reducing payout in the past? … Is its earnings sufficient to payout dividend at the current rate

Simply Wall St -

DTL Company Info

Description

Data#3 Limited, together with its subsidiaries, provides information technology (IT) solutions primarily in Australia. It operates through two segments, Product and Services. The Product segment offers hardware and software licenses for customers' desktop, network, and data center infrastructure. The Services segment provides consulting, project, managed, and maintenance contracts, as well as workforce recruitment and contracting services in relation to the design, implementation, operation, and support of ICT solutions. The company also offers cloud, mobility, security, data and analytics, and IT lifecycle management solutions. Data#3 Limited was founded in 1977 and is headquartered in Toowong, Australia.

Details
Name: Data#3 Limited
DTL
Exchange: ASX
Founded: 1977
A$401,874,619
153,974,950
Website: http://www.data3.com
Address: Data#3 Limited
67 High Street,
Toowong,
Queensland, 4066,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX DTL Ordinary Shares Australian Securities Exchange AU AUD 23. Dec 1997
DB 20Y Ordinary Shares Deutsche Boerse AG DE EUR 23. Dec 1997
CHIA DTL Ordinary Shares Chi-X Australia AU AUD 23. Dec 1997
Number of employees
Current staff
Staff numbers
1,210
Data#3 employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 10:35
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/07/15
Last earnings filing: 2019/02/19
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.