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DE

Decisive DividendTSXV:DE Stock Report

Last Price

CA$4.00

Market Cap

CA$48.4m

7D

0.5%

1Y

77.8%

Updated

19 Jan, 2022

Data

Company Financials
DE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends2/6

DE Stock Overview

Decisive Dividend Corporation, through its subsidiaries, manufactures and sells wood and gas burning stoves and fireplace inserts in Canada, the United States, and New Zealand.

Price History & Performance

Summary of all time highs, changes and price drops for Decisive Dividend
Historical stock prices
Current Share PriceCA$4.00
52 Week HighCA$4.49
52 Week LowCA$2.21
Beta1.42
1 Month Change1.01%
3 Month Change-1.72%
1 Year Change77.78%
3 Year Change1.27%
5 Year Change21.95%
Change since IPO280.95%

Recent News & Updates

Nov 04
Decisive Dividend's (CVE:DE) Promising Earnings May Rest On Soft Foundations

Decisive Dividend's (CVE:DE) Promising Earnings May Rest On Soft Foundations

Decisive Dividend Corporation's ( CVE:DE ) robust earnings report didn't manage to move the market for its stock. Our...

Shareholder Returns

DECA IndustrialsCA Market
7D0.5%-2.3%-0.6%
1Y77.8%5.1%17.7%

Return vs Industry: DE exceeded the Canadian Industrials industry which returned 6.8% over the past year.

Return vs Market: DE exceeded the Canadian Market which returned 18.2% over the past year.

Price Volatility

Is DE's price volatile compared to industry and market?
DE volatility
DE Average Weekly Movement3.8%
Industrials Industry Average Movement3.8%
Market Average Movement9.8%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market3.7%

Stable Share Price: DE is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: DE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012217Jeff Schellenberghttps://www.decisivedividend.com

Decisive Dividend Corporation, through its subsidiaries, manufactures and sells wood and gas burning stoves and fireplace inserts in Canada, the United States, and New Zealand. It operates through Finished Product and Component Manufacturing segments. The company also designs, manufactures, and markets air blast sprayers for agricultural industry under the Turbo Mist brand; and wastewater evaporation systems used in mining and oil industries worldwide.

Decisive Dividend Fundamentals Summary

How do Decisive Dividend's earnings and revenue compare to its market cap?
DE fundamental statistics
Market CapCA$48.37m
Earnings (TTM)CA$1.34m
Revenue (TTM)CA$59.45m

36.2x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DE income statement (TTM)
RevenueCA$59.45m
Cost of RevenueCA$41.32m
Gross ProfitCA$18.14m
ExpensesCA$16.80m
EarningsCA$1.34m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.11
Gross Margin30.50%
Net Profit Margin2.25%
Debt/Equity Ratio95.4%

How did DE perform over the long term?

See historical performance and comparison

Dividends

7.5%

Current Dividend Yield

93%

Payout Ratio

Valuation

Is Decisive Dividend undervalued compared to its fair value and its price relative to the market?

23.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DE (CA$4) is trading below our estimate of fair value (CA$5.19)

Significantly Below Fair Value: DE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: DE's PE Ratio (36.2x) is in line with the North American Industrials industry average.

PE vs Market: DE is poor value based on its PE Ratio (36.2x) compared to the Canadian market (13.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DE is good value based on its PB Ratio (2.2x) compared to the XN Industrials industry average (3.1x).


Future Growth

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

23.5%

Forecasted Capital Goods 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 Decisive Dividend 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 Decisive Dividend performed over the past 5 years?

15.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DE has a large one-off gain of CA$4.0M impacting its September 30 2021 financial results.

Growing Profit Margin: DE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: DE has become profitable over the past 5 years, growing earnings by 15% per year.

Accelerating Growth: DE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: DE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Industrials industry (10.1%).


Return on Equity

High ROE: DE's Return on Equity (6.1%) is considered low.


Financial Health

How is Decisive Dividend's financial position?


Financial Position Analysis

Short Term Liabilities: DE's short term assets (CA$21.7M) exceed its short term liabilities (CA$10.8M).

Long Term Liabilities: DE's short term assets (CA$21.7M) do not cover its long term liabilities (CA$25.8M).


Debt to Equity History and Analysis

Debt Level: DE's net debt to equity ratio (93.3%) is considered high.

Reducing Debt: DE's debt to equity ratio has reduced from 115.5% to 95.4% over the past 5 years.

Debt Coverage: DE's debt is well covered by operating cash flow (25.6%).

Interest Coverage: DE's interest payments on its debt are not well covered by EBIT (0.3x coverage).


Balance Sheet


Dividend

What is Decisive Dividend current dividend yield, its reliability and sustainability?

7.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DE's dividend (7.5%) is higher than the bottom 25% of dividend payers in the Canadian market (1.59%).

High Dividend: DE's dividend (7.5%) is in the top 25% of dividend payers in the Canadian market (4.61%)


Stability and Growth of Payments

Stable Dividend: DE has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: DE's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (92.8%), DE'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?

3.0yrs

Average management tenure


CEO

Jeff Schellenberg

0.58

Tenure

Mr. Jeff Schellenberg has been Chief Executive Officer of Decisive Dividend Corporation since June 1, 2021. He is a senior executive with a wide range of leadership, business and capital market experience....


Leadership Team

Experienced Management: DE's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: DE's board of directors are considered experienced (9.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: DE 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 4%.


Top Shareholders

Company Information

Decisive Dividend Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Decisive Dividend Corporation
  • Ticker: DE
  • Exchange: TSXV
  • Founded: 2012
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Implied Market Cap: CA$48.372m
  • Shares outstanding: 12.09m
  • Website: https://www.decisivedividend.com

Number of Employees


Location

  • Decisive Dividend Corporation
  • #201 – 1674 Bertram Street
  • Kelowna
  • British Columbia
  • V1Y 9G4
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:48
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
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.