Executive Summary
Dicker Data Limited engages in the wholesale distribution of computer hardware, software, and related products in Australia and New Zealand.
Snowflake Analysis
Adequate balance sheet with proven track record.
Share Price & News
How has Dicker Data's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DDR's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
4.8%
DDR
4.1%
AU Electronic
5.0%
AU Market
1 Year Return
52.5%
DDR
35.6%
AU Electronic
-10.3%
AU Market
Return vs Industry: DDR exceeded the Australian Electronic industry which returned 35.6% over the past year.
Return vs Market: DDR exceeded the Australian Market which returned -10.3% over the past year.
Shareholder returns
| DDR | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.8% | 4.1% | 5.0% |
| 30 Day | 11.5% | 15.9% | 8.8% |
| 90 Day | 32.2% | 6.0% | -9.9% |
| 1 Year | 60.4%52.5% | 39.6%35.6% | -6.6%-10.3% |
| 3 Year | 295.3%232.2% | 94.3%78.6% | 11.1%-3.5% |
| 5 Year | 473.6%306.2% | 138.1%112.1% | 28.9%1.1% |
Price Volatility Vs. Market
How volatile is Dicker Data's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Should Dicker Data Limited (ASX:DDR) Be Part Of Your Dividend Portfolio?2 weeks ago | Simply Wall St
Shareholders of Dicker Data (ASX:DDR) Must Be Delighted With Their 412% Total Return4 weeks ago | Simply Wall St
Need To Know: Dicker Data Limited (ASX:DDR) Insiders Have Been Buying SharesValuation
Is Dicker Data undervalued compared to its fair value and its price relative to the market?
23.27x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DDR (A$7.84) is trading above our estimate of fair value (A$3.49)
Significantly Below Fair Value: DDR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DDR is good value based on its PE Ratio (23.3x) compared to the Electronic industry average (23.6x).
PE vs Market: DDR is poor value based on its PE Ratio (23.3x) compared to the Australian market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DDR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DDR is overvalued based on its PB Ratio (13.3x) compared to the AU Electronic industry average (3.3x).
Next Steps
Future Growth
How is Dicker Data forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
33.9%
Forecasted Tech 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 Dicker Data 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.
Next Steps
- Check out Dicker Data's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Dicker Data competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has Dicker Data performed over the past 5 years?
27.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DDR has a high level of non-cash earnings.
Growing Profit Margin: DDR's current net profit margins (3.1%) are higher than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: DDR's earnings have grown significantly by 27.2% per year over the past 5 years.
Accelerating Growth: DDR's earnings growth over the past year (67.3%) exceeds its 5-year average (27.2% per year).
Earnings vs Industry: DDR earnings growth over the past year (67.3%) exceeded the Electronic industry -75.9%.
Return on Equity
High ROE: Whilst DDR's Return on Equity (57.13%) is outstanding, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Dicker Data's financial position?
Financial Position Analysis
Short Term Liabilities: DDR's short term assets (A$438.9M) exceed its short term liabilities (A$402.9M).
Long Term Liabilities: DDR's short term assets (A$438.9M) exceed its long term liabilities (A$9.6M).
Debt to Equity History and Analysis
Debt Level: DDR's debt to equity ratio (136.7%) is considered high.
Reducing Debt: DDR's debt to equity ratio has reduced from 561.5% to 136.7% over the past 5 years.
Debt Coverage: DDR's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: DDR's interest payments on its debt are well covered by EBIT (12.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Dicker Data's current dividend yield, its reliability and sustainability?
3.57%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DDR's dividend (3.57%) is higher than the bottom 25% of dividend payers in the Australian market (2.61%).
High Dividend: DDR's dividend (3.57%) is low compared to the top 25% of dividend payers in the Australian market (6.69%).
Stability and Growth of Payments
Stable Dividend: DDR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DDR's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83.1%), DDR's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
David Dicker
no data
Tenure
Mr. David John Dicker serves as the Chairman and Chief Executive Officer at Dicker Data Limited. Mr. Dicker is a co-founder of the Dicker Data Limited. He began his career of entrepreneur and businessman b ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | no data | no data | 35.79% A$476.2m | |
| CFO & Executive Director | 9.75yrs | AU$1.28m | 0.13% A$1.8m | |
| COO & Executive Director | 5.67yrs | AU$2.80m | 0.49% A$6.5m | |
| Chief Information Officer & Executive Director | 4.75yrs | AU$996.47k | 0.035% A$470.4k | |
| Logistics Director & Executive Director | 9.67yrs | AU$941.65k | 0.011% A$145.5k | |
| Company Secretary | 1.5yrs | no data | no data |
5.2yrs
Average Tenure
Experienced Management: DDR's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | no data | no data | 35.79% A$476.2m | |
| CFO & Executive Director | 9.75yrs | AU$1.28m | 0.13% A$1.8m | |
| COO & Executive Director | 5.67yrs | AU$2.80m | 0.49% A$6.5m | |
| Chief Information Officer & Executive Director | 4.75yrs | AU$996.47k | 0.035% A$470.4k | |
| Logistics Director & Executive Director | 9.67yrs | AU$941.65k | 0.011% A$145.5k | |
| Independent Non-Executive Director | 0.42yr | AU$2.31k | 0.0015% A$20.6k | |
| Non-Executive Director | 37.33yrs | AU$55.00k | 32.49% A$432.2m | |
| Alternate Director | 0.92yr | no data | 0.011% A$145.5k |
5.7yrs
Average Tenure
Experienced Board: DDR's board of directors are considered experienced (5.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DDR 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 5.5%.
Top Shareholders
Company Information
Dicker Data Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Dicker Data Limited
- Ticker: DDR
- Exchange: ASX
- Founded: 1978
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: AU$1.330b
- Shares outstanding: 169.69m
- Website: https://www.dickerdata.com.au
Number of Employees
Location
- Dicker Data Limited
- 230 Captain Cook Drive
- Kurnell
- New South Wales
- 2231
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DDR | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 2011 |
| DDR | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 2011 |
| D0D | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 2011 |
Biography
Dicker Data Limited engages in the wholesale distribution of computer hardware, software, and related products in Australia and New Zealand. The company distributes a range of products of various technology vendors, including Cisco, Citrix, Dell Technologies, Hewlett Packard Enterprise, HP, Lenovo, Microsoft, Symantec, RSA, Toshiba, Samsung, ASUS, and other brands. It sells its products to approximately 5,500 resellers. The company was formerly known as Rodin Corporation Pty Limited. Dicker Data Limited was founded in 1978 and is based in Kurnell, Australia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/30 10:41 |
| End of Day Share Price | 2020/05/29 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.