Dorel Industries
Market Cap
CA$473.2m
Last Updated
2020/12/01 23:04 UTC
Data Sources
Company Financials +
Executive Summary
Dorel Industries Inc. designs, manufactures, sources, markets, and distributes juvenile products, bicycles, and furniture worldwide. More Details
Rewards
Risk Analysis
No risks detected for DII.B from our risk checks.
Snowflake Analysis
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
Stable Share Price: DII.B is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: DII.B's weekly volatility has decreased from 17% to 9% over the past year.
Market Performance
7 Day Return
0.6%
DII.B
-2.9%
CA Consumer Durables
-0.002%
CA Market
1 Year Return
166.7%
DII.B
20.4%
CA Consumer Durables
0.7%
CA Market
Return vs Industry: DII.B exceeded the Canadian Consumer Durables industry which returned 22.7% over the past year.
Return vs Market: DII.B exceeded the Canadian Market which returned 0.5% over the past year.
Shareholder returns
| DII.B | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | -2.9% | -0.002% |
| 30 Day | 1.4% | 8.3% | 11.9% |
| 90 Day | 22.8% | 3.0% | 5.7% |
| 1 Year | 166.7%166.7% | 21.9%20.4% | 4.4%0.7% |
| 3 Year | -45.5%-51.8% | 14.1%9.8% | 12.7%1.7% |
| 5 Year | -36.7%-49.2% | 48.5%38.6% | 53.8%30.2% |
Long-Term 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
1 month ago | Simply Wall St
What Is The Ownership Structure Like For Dorel Industries Inc. (TSE:DII.B)?1 month ago | Simply Wall St
The Dorel Industries (TSE:DII.B) Share Price Has Gained 170%, So Why Not Pay It Some Attention?2 months ago | Simply Wall St
Will The ROCE Trend At Dorel Industries (TSE:DII.B) Continue?Valuation
Is Dorel Industries undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DII.B (CA$14.53) is trading below our estimate of fair value (CA$36.52)
Significantly Below Fair Value: DII.B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DII.B is unprofitable, so we can't compare its PE Ratio to the XN Consumer Durables industry average.
PE vs Market: DII.B is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DII.B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DII.B is good value based on its PB Ratio (0.7x) compared to the XN Consumer Durables industry average (1.6x).
Next Steps
Future Growth
How is Dorel Industries forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
187.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DII.B is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: DII.B is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DII.B's is expected to become profitable in the next 3 years.
Revenue vs Market: DII.B's revenue is expected to decline over the next 3 years (-0.7% per year).
High Growth Revenue: DII.B's revenue is forecast to decline over the next 3 years (-0.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DII.B's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Dorel Industries performed over the past 5 years?
-44.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DII.B is currently unprofitable.
Growing Profit Margin: DII.B is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DII.B is unprofitable, and losses have increased over the past 5 years at a rate of 44.3% per year.
Accelerating Growth: Unable to compare DII.B's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DII.B is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (26%).
Return on Equity
High ROE: DII.B has a negative Return on Equity (-4.2%), as it is currently unprofitable.
Next Steps
Financial Health
How is Dorel Industries's financial position?
Financial Position Analysis
Short Term Liabilities: DII.B's short term assets ($1.1B) exceed its short term liabilities ($879.8M).
Long Term Liabilities: DII.B's short term assets ($1.1B) exceed its long term liabilities ($307.0M).
Debt to Equity History and Analysis
Debt Level: DII.B's debt to equity ratio (79.2%) is considered high.
Reducing Debt: DII.B's debt to equity ratio has increased from 48.3% to 79.2% over the past 5 years.
Balance Sheet
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.
Stable Cash Runway: Whilst unprofitable DII.B has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DII.B is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.3% per year.
Next Steps
Dividend
What is Dorel Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DII.B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DII.B's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DII.B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DII.B's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DII.B is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DII.B's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
17.8yrs
Average management tenure
CEO
Martin Schwartz (71 yo)
28.83yrs
Tenure
US$1,661,233
Compensation
Mr. Martin Schwartz has been the Chief Executive Officer and President of Dorel Industries Inc, since 1992 and served as its Executive Vice President. Mr. Schwartz is the Co-founder of Ridgewood Industries...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD979.38K) is about average for companies of similar size in the Canadian market ($USD854.31K).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 28.83yrs | US$1.66m | 5.07% $ 24.0m | |
| Executive VP | 33.83yrs | US$1.66m | 5.19% $ 24.5m | |
| Executive VP of Operations & Director | 33.83yrs | US$1.66m | 4.48% $ 21.2m | |
| Executive VP of Sales & Marketing and Director | 33.83yrs | US$1.66m | 4.44% $ 21.0m | |
| Senior VP of Finance & Assistant Secretary | 4.42yrs | US$960.75k | 0.046% $ 216.2k | |
| 58.83yrs | no data | no data | ||
| Senior Vice-President of Global Procurement | 4.42yrs | no data | 0.0019% $ 8.8k | |
| Chief Financial Officer of Juvenile Segment | no data | no data | no data | |
| Group President & CEO of Dorel Home | 12.17yrs | no data | 0.0032% $ 15.2k | |
| President of Dorel Juvenile Brazil | no data | no data | no data | |
| President of Cosco Home & Office | no data | no data | no data | |
| President of Dorel Home Products | no data | no data | no data |
17.8yrs
Average Tenure
68.5yo
Average Age
Experienced Management: DII.B's management team is seasoned and experienced (17.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 28.83yrs | US$1.66m | 5.07% $ 24.0m | |
| Executive VP | 33.83yrs | US$1.66m | 5.19% $ 24.5m | |
| Executive VP of Operations & Director | 33.83yrs | US$1.66m | 4.48% $ 21.2m | |
| Executive VP of Sales & Marketing and Director | 33.83yrs | US$1.66m | 4.44% $ 21.0m | |
| Lead Independent Director | no data | US$210.00k | 0.0040% $ 18.9k | |
| Independent Director | 16.83yrs | US$165.00k | 0.0015% $ 7.3k | |
| Independent Director | 1.42yrs | US$80.00k | no data | |
| Independent Director | 16.5yrs | US$185.00k | no data | |
| Independent Director | 2.33yrs | US$165.00k | 0.0068% $ 32.0k | |
| Independent Director | 1.42yrs | US$80.00k | no data |
16.8yrs
Average Tenure
69yo
Average Age
Experienced Board: DII.B's board of directors are seasoned and experienced ( 16.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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
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$473.224m
- Shares outstanding: 32.51m
- Website: https://www.dorel.com
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 |
| DII.A | TSX (The Toronto Stock Exchange) | Class A Multiple Voting 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 |
| DO4C | DB (Deutsche Boerse AG) | Class A Multiple Voting Shares | DE | EUR | 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 | 2020/12/01 23:04 |
| End of Day Share Price | 2020/12/01 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/30 |
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.