Executive Summary
Data#3 Limited, together with its subsidiaries, provides information technology (IT) solutions primarily in Australia. More Details
Rewards
Risk Analysis
Dividend of 2.52% is not well covered by earnings or forecast to be in the next 3 years
Snowflake Analysis
Flawless balance sheet with outstanding track record.
Similar Companies
Share Price & News
How has Data#3's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DTL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: DTL's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
4.9%
DTL
5.0%
AU IT
1.3%
AU Market
1 Year Return
25.5%
DTL
79.7%
AU IT
-0.6%
AU Market
Return vs Industry: DTL underperformed the Australian IT industry which returned 79.7% over the past year.
Return vs Market: DTL exceeded the Australian Market which returned -0.6% over the past year.
Shareholder returns
| DTL | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.9% | 5.0% | 1.3% |
| 30 Day | -1.3% | 10.8% | 3.5% |
| 90 Day | -19.3% | 15.2% | 11.9% |
| 1 Year | 29.4%25.5% | 81.7%79.7% | 2.8%-0.6% |
| 3 Year | 282.0%235.6% | 203.3%186.2% | 27.0%11.4% |
| 5 Year | 491.3%365.8% | 104.6%80.5% | 68.7%34.7% |
Long-Term Price Volatility Vs. Market
How volatile is Data#3's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Why Data#3's (ASX:DTL) CEO Pay Matters4 weeks ago | Simply Wall St
Should Weakness in Data#3 Limited's (ASX:DTL) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?1 month ago | Simply Wall St
Data#3 (ASX:DTL) Has Rewarded Shareholders With An Exceptional 575% Total Return On Their InvestmentValuation
Is Data#3 undervalued compared to its fair value and its price relative to the market?
35.96x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DTL (A$5.52) is trading above our estimate of fair value (A$2.89)
Significantly Below Fair Value: DTL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DTL is poor value based on its PE Ratio (36x) compared to the AU IT industry average (23.6x).
PE vs Market: DTL is poor value based on its PE Ratio (36x) compared to the Australian market (23.1x).
Price to Earnings Growth Ratio
PEG Ratio: DTL is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: DTL is overvalued based on its PB Ratio (16.3x) compared to the AU IT industry average (3.9x).
Next Steps
Future Growth
How is Data#3 forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
14.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DTL's forecast earnings growth (14.6% per year) is above the savings rate (2%).
Earnings vs Market: DTL's earnings (14.6% per year) are forecast to grow slower than the Australian market (18.8% per year).
High Growth Earnings: DTL's earnings are forecast to grow, but not significantly.
Revenue vs Market: DTL's revenue (8.7% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: DTL's revenue (8.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DTL's Return on Equity is forecast to be very high in 3 years time (54.5%).
Next Steps
Past Performance
How has Data#3 performed over the past 5 years?
13.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DTL has high quality earnings.
Growing Profit Margin: DTL's current net profit margins (1.5%) are higher than last year (1.3%).
Past Earnings Growth Analysis
Earnings Trend: DTL's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: DTL's earnings growth over the past year (30.4%) exceeds its 5-year average (13.4% per year).
Earnings vs Industry: DTL earnings growth over the past year (30.4%) exceeded the IT industry -23.2%.
Return on Equity
High ROE: DTL's Return on Equity (45%) is considered outstanding.
Next Steps
Financial Health
How is Data#3's financial position?
Financial Position Analysis
Short Term Liabilities: DTL's short term assets (A$541.9M) exceed its short term liabilities (A$514.4M).
Long Term Liabilities: DTL's short term assets (A$541.9M) exceed its long term liabilities (A$20.3M).
Debt to Equity History and Analysis
Debt Level: DTL is debt free.
Reducing Debt: DTL has not had any debt for past 5 years.
Debt Coverage: DTL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DTL has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Data#3 current dividend yield, its reliability and sustainability?
2.52%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DTL's dividend (2.52%) is higher than the bottom 25% of dividend payers in the Australian market (2.06%).
High Dividend: DTL's dividend (2.52%) is low compared to the top 25% of dividend payers in the Australian market (4.99%).
Stability and Growth of Payments
Stable Dividend: DTL's dividend payments have been volatile in the past 10 years.
Growing Dividend: DTL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (90.6%), DTL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DTL's dividends in 3 years are not forecast to be well covered by earnings (90.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.2yrs
Average management tenure
CEO
Laurence Baynham
6.17yrs
Tenure
AU$1,145,453
Compensation
Mr. Laurence C. Baynham, BBus (Honours), FAICD, has been the Chief Executive Officer of Data#3 Limited since November 21, 2014 and has been its Managing Director since November 16, 2016. Mr. Baynham is res...
CEO Compensation Analysis
Compensation vs Market: Laurence's total compensation ($USD883.91K) is about average for companies of similar size in the Australian market ($USD939.31K).
Compensation vs Earnings: Laurence's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 6.17yrs | AU$1.15m | 0.089% A$ 754.0k | |
| CFO, Company Secretary & Financial Controller | 29yrs | AU$771.41k | 0.29% A$ 2.4m | |
| Executive GM of Software Solutions & Infrastructure Solutions | 5.5yrs | AU$948.96k | 0.15% A$ 1.3m | |
| Executive General Manager of Services | 5.5yrs | AU$839.94k | 0.093% A$ 792.1k | |
| Managing Partner of Business Aspect | no data | no data | no data | |
| General Counsel & Joint Company Secretary | 16yrs | no data | no data | |
| General Manager of NSW/ACT | no data | AU$328.61k | no data |
6.2yrs
Average Tenure
Experienced Management: DTL's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 6.17yrs | AU$1.15m | 0.089% A$ 754.0k | |
| Independent Non-Executive Chairman | 20.33yrs | AU$147.95k | 0.39% A$ 3.3m | |
| Founder & Non-Executive Director | 1.42yrs | AU$72.61k | 0.43% A$ 3.7m | |
| Independent Non-Executive Director | 4.92yrs | AU$95.81k | 0.032% A$ 276.0k | |
| Independent Non-Executive Director | 3.42yrs | AU$90.53k | 0.0013% A$ 11.0k |
4.2yrs
Average Tenure
Experienced Board: DTL's board of directors are considered experienced (4.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DTL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Data#3 Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Data#3 Limited
- Ticker: DTL
- Exchange: ASX
- Founded: 1977
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: AU$849.942m
- Shares outstanding: 153.97m
- Website: https://www.data3.com
Number of Employees
Location
- Data#3 Limited
- 67 High Street
- Toowong
- Brisbane
- Queensland
- 4066
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DTL | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Dec 1997 |
| DTL | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Dec 1997 |
| 20Y | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 1997 |
Biography
Data#3 Limited, together with its subsidiaries, provides information technology (IT) solutions primarily in Australia. It offers cloud solutions, such as public cloud services and modern data centers; mode...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 07:01 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.