Dorel Industries
Market Cap
CA$303.3m
Last Updated
2019/08/16 23:34 UTC
Data Sources
Company Financials +
Executive Summary
Dorel Industries Inc. designs, manufactures, sources, markets, and distributes juvenile products, bicycles, and furniture worldwide.
Snowflake
Fundamentals
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has Dorel Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-7.2%
TSX:DII.B
-6.8%
CA Consumer Durables
-1.4%
CA Market
1 Year Return
-62.2%
TSX:DII.B
-61.7%
CA Consumer Durables
-4.4%
CA Market
DII.B underperformed the Consumer Durables industry which returned 5.5% over the past year.
DII.B underperformed the Market in Canada which returned -4.7% over the past year.
Share holder returns
| DII.B | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.2% | -6.8% | -1.4% |
| 30 Day | -5.7% | -5.9% | -2.7% |
| 90 Day | -16.5% | -17.0% | -3.1% |
| 1 Year | -60.1%-62.2% | -59.7%-61.7% | -1.0%-4.4% |
| 3 Year | -71.0%-75.4% | -72.4%-76.1% | 13.4%3.4% |
| 5 Year | -67.5%-74.7% | -66.6%-73.7% | 12.5%-3.3% |
Price Volatility Vs. Market
How volatile is Dorel Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
9 months ago | Simply Wall St
What Should You Know About Dorel Industries Inc's (TSE:DII.B) Capital Returns?1 year ago | Simply Wall St
Why Dorel Industries Inc's (TSE:DII.B) Investor Composition Impacts Your Returns1 year ago | Simply Wall St
Should You Be Tempted To Sell Dorel Industries Inc (TSE:DII.B) Because Of Its PE Ratio?Valuation
Is Dorel Industries undervalued based on future cash flows and its price relative to the stock market?
>50%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Dorel Industries's share price is below the future cash flow value, and at a moderate discount (> 20%).
Dorel Industries's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Dorel Industries is loss making, we can't compare its value to the North America Consumer Durables industry average.
Dorel Industries is loss making, we can't compare the value of its earnings to the Canada market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Dorel Industries, we can't assess if its growth is good value.
Price Based on Value of Assets
Dorel Industries is good value based on assets compared to the North America Consumer Durables industry average.
Next Steps
Future Growth
How is Dorel Industries expected to perform in the next 1 to 3 years based on estimates from 3 analysts?
167.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Dorel Industries's revenue is expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).
Dorel Industries's earnings are expected to grow significantly at over 20% yearly.
Dorel Industries's revenue growth is positive but not above the Canada market average.
Dorel Industries's earnings growth is expected to exceed the Canada market average.
Dorel Industries's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Dorel Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Dorel Industries performed over the past 5 years?
-72.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Dorel Industries does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
Unable to compare Dorel Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.
Unable to compare Dorel Industries's 1-year growth to the North America Consumer Durables industry average as it is not currently profitable.
Return on Equity
It is difficult to establish if Dorel Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Return on Assets
It is difficult to establish if Dorel Industries has efficiently used its assets last year compared to the North America Consumer Durables industry average (Return on Assets) as it is loss-making.
Return on Capital Employed
It is difficult to establish if Dorel Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Next Steps
Financial Health
How is Dorel Industries's financial position?
Financial Position Analysis
Dorel Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Dorel Industries's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Dorel Industries's level of debt (93.7%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (36.3% vs 93.7% today).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 2.4x debt.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Whilst loss making Dorel Industries has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
Whilst loss making Dorel Industries has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 62.1% per year.
Next Steps
Dividend
What is Dorel Industries's current dividend yield, its reliability and sustainability?
8.59%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Dorel Industries before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield and Payments Analysis
Dorel Industries's pays a higher dividend yield than the bottom 25% of dividend payers in Canada (2.04%).
Dorel Industries's dividend is above the markets top 25% of dividend payers in Canada (6%).
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
The company is paying a dividend however it is incurring a loss.
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Dorel Industries's salary, the management and board of directors tenure and is there insider trading?
16.6yrs
Average management tenure
CEO
Martin Schwartz (70yo)
27.6yrs
Tenure
US$2,404,767
Compensation
Mr. Martin Schwartz has been the Chief Executive Officer and President of Dorel Industries Inc, since 1992 and served as its Executive Vice President. Mr. Schwartz is the Co-founder of Ridgewood Industries ...
CEO Compensation Analysis
Martin's remuneration is higher than average for companies of similar size in Canada.
Martin's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
16.6yrs
Average Tenure
67.5yo
Average Age
The average tenure for the Dorel Industries management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
15.6yrs
Average Tenure
69yo
Average Age
The average tenure for the Dorel Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Role | Senior VP of Finance & Assistant Secretary |
| Shares | 5,000 |
| Max Price | CA$10.74 |
| Entity | Individual |
| Role | Executive VP of Operations & Director Member of the Board of Directors |
| Shares | 52,400 |
| Max Price | CA$24.50 |
| Entity | Individual |
| Role | Executive VP Member of the Board of Directors |
| Shares | 5,000 |
| Max Price | CA$11.97 |
| Entity | Individual |
| Role | President Member of the Board of Directors |
| Shares | 5,000 |
| Max Price | CA$12.00 |
| Entity | Individual |
| Role | Senior VP of Finance & Assistant Secretary |
| Shares | 4,109 |
| Max Price | CA$12.45 |
| Entity | Individual |
| Role | Executive VP of Sales & Marketing and Director Member of the Board of Directors |
| Shares | 10,000 |
| Max Price | CA$12.57 |
| Entity | Individual |
| Role | President Member of the Board of Directors |
| Shares | 15,000 |
| Max Price | CA$12.45 |
| Entity | Individual |
| Role | Senior VP of Finance & Assistant Secretary |
| Shares | 900 |
| Max Price | CA$12.40 |
| Entity | Individual |
| Role | Executive VP Member of the Board of Directors |
| Shares | 15,000 |
| Max Price | CA$12.46 |
| Entity | Individual |
| Role | Executive VP Member of the Board of Directors |
| Shares | 10,000 |
| Max Price | CA$15.25 |
| Entity | Individual |
| Role | Executive VP of Sales & Marketing and Director Member of the Board of Directors |
| Shares | 10,000 |
| Max Price | CA$15.10 |
| Entity | Individual |
| Role | Executive VP Member of the Board of Directors |
| Shares | 5,000 |
| Max Price | CA$16.75 |
| Entity | Individual |
| Role | Executive VP Member of the Board of Directors |
| Shares | 4,000 |
| Max Price | CA$18.90 |
| Entity | Individual |
| Role | Executive VP of Sales & Marketing and Director Member of the Board of Directors |
| Shares | 5,000 |
| Max Price | CA$19.01 |
| Entity | Individual |
| Role | Executive VP of Sales & Marketing and Director Member of the Board of Directors |
| Shares | 5,600 |
| Max Price | CA$19.30 |
| Entity | Individual |
| Role | Executive VP Member of the Board of Directors |
| Shares | 10,000 |
| Max Price | CA$19.45 |
Ownership Breakdown
Management Team
Ed Wyse
Senior Vice-President of Global Procurement
- Tenure: 3.2yrs
Leo Schwartz
- Tenure: 57.6yrs
Rafael Camarano
President of Dorel Juvenile Brazil
Martin Schwartz (70yo)
President
- Tenure: 27.6yrs
- Compensation: $2.40m
Norman Braunstein
Group President & CEO of Dorel Home
- Tenure: 11.6yrs
Jeff Segel (68yo)
Executive VP of Sales & Marketing and Director
- Tenure: 16.6yrs
- Compensation: $2.40m
Alan Schwartz (67yo)
Executive VP of Operations & Director
- Tenure: 16.6yrs
- Compensation: $2.40m
Frank Rana
Senior VP of Finance & Assistant Secretary
- Tenure: 3.2yrs
- Compensation: $1.01m
Ian Farthing
Chief Financial Officer of Juvenile Segment
Jeffrey Schwartz (56yo)
Executive VP
- Tenure: 16.6yrs
- Compensation: $2.40m
Board Members
Martin Schwartz (70yo)
President
- Tenure: 32.6yrs
- Compensation: $2.40m
Sharon Ranson
Independent Director
- Tenure: 0.2yrs
Brad Johnson
Independent Director
- Tenure: 0.2yrs
Jeff Segel (68yo)
Executive VP of Sales & Marketing and Director
- Tenure: 32.6yrs
- Compensation: $2.40m
Alan Schwartz (67yo)
Executive VP of Operations & Director
- Tenure: 32.6yrs
- Compensation: $2.40m
Norman Steinberg (68yo)
Director
- Tenure: 1.1yrs
- Compensation: $80.00k
Dian Cohen (86yo)
Independent Director
- Tenure: 15.6yrs
- Compensation: $170.00k
Alain Benedetti (70yo)
Independent Director
- Tenure: 15.3yrs
- Compensation: $185.00k
Maurice Tousson (70yo)
Lead Director
- Compensation: $210.00k
Jeffrey Schwartz (56yo)
Executive VP
- Tenure: 32.6yrs
- Compensation: $2.40m
Company Information
Dorel Industries Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Dorel Industries Inc.
- Ticker: DII.B
- Exchange: TSX
- Founded: 1962
- Industry: home furnishings
- Sector: consumer durables
- Market Cap: CA$303.304m
- Shares outstanding: 32.44m
- Website: Click here
Number of Employees
Location
- Dorel Industries Inc.
- 1255 Greene Avenue
- Suite 300
- Westmount
- Quebec
- H3Z 2A4
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DII.B | TSX (The Toronto Stock Exchange) | Yes | Class B Subordinated Shares | CA | CAD | Oct 1991 |
| DIIB.F | OTCPK (Pink Sheets LLC) | Yes | Class B Subordinated Shares | US | USD | Oct 1991 |
| DO4B | DB (Deutsche Boerse AG) | Yes | Class B Subordinated Shares | DE | EUR | Oct 1991 |
| DII.A | TSX (The Toronto Stock Exchange) | Class A Multiple Voting Shares | CA | CAD | Oct 1991 |
Biography
Dorel Industries Inc. designs, manufactures, sources, markets, and distributes juvenile products, bicycles, and furniture worldwide. The company’s Dorel Home segment engages in the design, manufacture, sou ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/16 23:34 |
| End of Day Share Price | 2019/08/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/30 |
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.