DCBO Stock Overview
Docebo Inc. provides a cloud-based learning management system to train internal and external workforces, partners, and customers in North America, Europe, and the Asia-Pacific region.
No risks detected for DCBO from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$46.60|
|52 Week High||CA$117.55|
|52 Week Low||CA$32.35|
|1 Month Change||31.12%|
|3 Month Change||10.35%|
|1 Year Change||-48.16%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||191.25%|
Recent News & Updates
|DCBO||CA Software||CA Market|
Return vs Industry: DCBO underperformed the Canadian Software industry which returned -26.8% over the past year.
Return vs Market: DCBO underperformed the Canadian Market which returned -0.2% over the past year.
|DCBO Average Weekly Movement||9.6%|
|Software Industry Average Movement||13.4%|
|Market Average Movement||10.8%|
|10% most volatile stocks in CA Market||19.3%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: DCBO is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: DCBO's weekly volatility (10%) has been stable over the past year.
About the Company
Docebo Inc. provides a cloud-based learning management system to train internal and external workforces, partners, and customers in North America, Europe, and the Asia-Pacific region. Its platform helps customers to centralize learning materials from peer enterprises and learners into one learning management system (LMS) to expedite and enrich the learning process, increase productivity, and grow teams uniformly. The company’s learning platform includes Docebo Learn LMS, a cloud-based learning platform; Docebo Shape, an AI-based learning content creation tool; Docebo Content that allows to unlock the industry’s best-learning content; Docebo Learning Impact, a learning measurement tool; Docebo Learning Analytics that allows learning administrators to prove their learning programs are powering their business, as well as connecting learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.
Docebo Fundamentals Summary
|DCBO fundamental statistics|
Is DCBO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DCBO income statement (TTM)|
|Cost of Revenue||US$25.30m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.17|
|Net Profit Margin||-4.54%|
How did DCBO perform over the long term?See historical performance and comparison
Is DCBO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for DCBO?
Other financial metrics that can be useful for relative valuation.
|What is DCBO's n/a Ratio?|
Price to Sales Ratio vs Peers
How does DCBO's PS Ratio compare to its peers?
|DCBO PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
ENGH Enghouse Systems
HUT Hut 8 Mining
DND Dye & Durham
CVO Coveo Solutions
Price-To-Sales vs Peers: DCBO is expensive based on its Price-To-Sales Ratio (9.7x) compared to the peer average (4.3x).
Price to Earnings Ratio vs Industry
How does DCBO's PE Ratio compare vs other companies in the CA Software Industry?
Price-To-Sales vs Industry: DCBO is expensive based on its Price-To-Sales Ratio (9.7x) compared to the Canadian Software industry average (4.1x)
Price to Sales Ratio vs Fair Ratio
What is DCBO's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||9.7x|
|Fair PS Ratio||7.1x|
Price-To-Sales vs Fair Ratio: DCBO is expensive based on its Price-To-Sales Ratio (9.7x) compared to the estimated Fair Price-To-Sales Ratio (7.1x).
Share Price vs Fair Value
What is the Fair Price of DCBO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: DCBO (CA$46.6) is trading above our estimate of fair value (CA$26)
Significantly Below Fair Value: DCBO is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
Discover undervalued companies
How is Docebo forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DCBO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).
Earnings vs Market: DCBO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DCBO is expected to become profitable in the next 3 years.
Revenue vs Market: DCBO's revenue (24.2% per year) is forecast to grow faster than the Canadian market (6.4% per year).
High Growth Revenue: DCBO's revenue (24.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DCBO's Return on Equity is forecast to be low in 3 years time (3.8%).
Discover growth companies
How has Docebo performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DCBO is currently unprofitable.
Growing Profit Margin: DCBO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DCBO is unprofitable, and losses have increased over the past 5 years at a rate of 8.2% per year.
Accelerating Growth: Unable to compare DCBO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DCBO is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (26.3%).
Return on Equity
High ROE: DCBO has a negative Return on Equity (-3%), as it is currently unprofitable.
Discover strong past performing companies
How is Docebo's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: DCBO's short term assets ($251.8M) exceed its short term liabilities ($76.3M).
Long Term Liabilities: DCBO's short term assets ($251.8M) exceed its long term liabilities ($6.9M).
Debt to Equity History and Analysis
Debt Level: DCBO is debt free.
Reducing Debt: DCBO had no debt 5 years ago.
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: DCBO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if DCBO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Discover healthy companies
What is Docebo current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DCBO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DCBO'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 DCBO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DCBO's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as DCBO has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Claudio Erba (47 yo)
Mr. Claudio Erba is a Founder of Docebo S.p.A. and has been its Chief Executive Officer since March 2005. He serves as a Director at Docebo S.p.A. Mr. Erba served as a Board Vice President of RYSTO srl fro...
CEO Compensation Analysis
Compensation vs Market: Claudio's total compensation ($USD1.14M) is below average for companies of similar size in the Canadian market ($USD2.22M).
Compensation vs Earnings: Claudio's compensation has increased whilst the company is unprofitable.
Experienced Management: DCBO's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: DCBO's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DCBO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Docebo Inc.'s employee growth, exchange listings and data sources
- Name: Docebo Inc.
- Ticker: DCBO
- Exchange: TSX
- Founded: 2005
- Industry: Application Software
- Sector: Software
- Implied Market Cap: CA$1.540b
- Shares outstanding: 32.90m
- Website: https://www.docebo.com
Number of Employees
- Docebo Inc.
- 366 Adelaide Street West
- Suite 701
- M5V 1R9
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/12 00:00|
|End of Day Share Price||2022/08/12 00:00|
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.