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DDR

Dicker DataASX:DDR Stock Report

Last Price

AU$13.00

Market Cap

AU$2.2b

7D

-1.8%

1Y

13.0%

Updated

21 Jan, 2022

Data

Company Financials
DDR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends2/6

DDR Stock Overview

Dicker Data Limited engages in the wholesale distribution of computer hardware, software, and related products in Australia and New Zealand.

Price History & Performance

Summary of all time highs, changes and price drops for Dicker Data
Historical stock prices
Current Share PriceAU$13.00
52 Week HighAU$16.60
52 Week LowAU$8.87
Beta0.34
1 Month Change-11.38%
3 Month Change-0.76%
1 Year Change13.04%
3 Year Change356.14%
5 Year Change439.42%
Change since IPO6,090.48%

Recent News & Updates

Jan 13
Calculating The Fair Value Of Dicker Data Limited (ASX:DDR)

Calculating The Fair Value Of Dicker Data Limited (ASX:DDR)

Today we will run through one way of estimating the intrinsic value of Dicker Data Limited ( ASX:DDR ) by taking the...

Oct 16
Does Dicker Data (ASX:DDR) Have A Healthy Balance Sheet?

Does Dicker Data (ASX:DDR) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

DDRAU ElectronicAU Market
7D-1.8%-3.5%-0.5%
1Y13.0%34.6%8.4%

Return vs Industry: DDR underperformed the Australian Electronic industry which returned 34.6% over the past year.

Return vs Market: DDR exceeded the Australian Market which returned 8.4% over the past year.

Price Volatility

Is DDR's price volatile compared to industry and market?
DDR volatility
DDR Average Weekly Movement6.8%
Electronic Industry Average Movement7.3%
Market Average Movement8.6%
10% most volatile stocks in AU Market15.5%
10% least volatile stocks in AU Market3.6%

Stable Share Price: DDR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: DDR's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1978540David Dickerhttps://www.dickerdata.com.au

Dicker Data Limited engages in the wholesale distribution of computer hardware, software, and related products in Australia and New Zealand. It sells its products to approximately 6,000 resellers. The company was formerly known as Rodin Corporation Pty Limited.

Dicker Data Fundamentals Summary

How do Dicker Data's earnings and revenue compare to its market cap?
DDR fundamental statistics
Market CapAU$2.25b
Earnings (TTM)AU$59.89m
Revenue (TTM)AU$2.06b

37.5x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DDR income statement (TTM)
RevenueAU$2.06b
Cost of RevenueAU$1.86b
Gross ProfitAU$197.99m
ExpensesAU$138.11m
EarningsAU$59.89m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Feb 28, 2022

Earnings per share (EPS)0.35
Gross Margin9.60%
Net Profit Margin2.90%
Debt/Equity Ratio78.2%

How did DDR perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

101%

Payout Ratio

Valuation

Is Dicker Data undervalued compared to its fair value and its price relative to the market?

8.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DDR (A$13) is trading below our estimate of fair value (A$14.23)

Significantly Below Fair Value: DDR is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: DDR is poor value based on its PE Ratio (37.5x) compared to the Australian Electronic industry average (16.2x).

PE vs Market: DDR is poor value based on its PE Ratio (37.5x) compared to the Australian market (18.8x).


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 (13.5x) compared to the AU Electronic industry average (4.4x).


Future Growth

How is Dicker Data forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

47.5%

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.


Past Performance

How has Dicker Data performed over the past 5 years?

22.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DDR has high quality earnings.

Growing Profit Margin: DDR's current net profit margins (2.9%) are lower than last year (3.1%).


Past Earnings Growth Analysis

Earnings Trend: DDR's earnings have grown significantly by 22.4% per year over the past 5 years.

Accelerating Growth: DDR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DDR had negative earnings growth (-0.07%) over the past year, making it difficult to compare to the Electronic industry average (178.2%).


Return on Equity

High ROE: DDR's Return on Equity (36%) is considered high.


Financial Health

How is Dicker Data's financial position?


Financial Position Analysis

Short Term Liabilities: DDR's short term assets (A$528.3M) exceed its short term liabilities (A$467.6M).

Long Term Liabilities: DDR's short term assets (A$528.3M) exceed its long term liabilities (A$5.6M).


Debt to Equity History and Analysis

Debt Level: DDR's net debt to equity ratio (51%) is considered high.

Reducing Debt: DDR's debt to equity ratio has reduced from 163.6% to 78.2% over the past 5 years.

Debt Coverage: DDR's debt is well covered by operating cash flow (52.2%).

Interest Coverage: DDR's interest payments on its debt are well covered by EBIT (35.7x coverage).


Balance Sheet


Dividend

What is Dicker Data current dividend yield, its reliability and sustainability?

2.54%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DDR's dividend (2.54%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: DDR's dividend (2.54%) is low compared to the top 25% of dividend payers in the Australian market (5.48%).


Stability and Growth of Payments

Stable Dividend: DDR's dividend payments have been volatile in the past 10 years.

Growing Dividend: DDR's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (101.3%), DDR's dividend payments are not well 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?

6.4yrs

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 and has been its Director since 1978. He began his car...


Leadership Team

Experienced Management: DDR's management team is seasoned and experienced (6.4 years average tenure).


Board Members

Experienced Board: DDR's board of directors are considered experienced (6.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DDR insiders have only sold shares 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

Dicker Data Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Dicker Data Limited
  • Ticker: DDR
  • Exchange: ASX
  • Founded: 1978
  • Industry: Technology Distributors
  • Sector: Tech
  • Implied Market Cap: AU$2.248b
  • Shares outstanding: 172.88m
  • Website: https://www.dickerdata.com.au

Number of Employees


Location

  • Dicker Data Limited
  • 238 Captain Cook Drive
  • Kurnell
  • New South Wales
  • 2231
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 15:49
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.