SWX:DCN

Stock Analysis Report

Executive Summary

Datacolor AG, through its subsidiaries, provides solutions for color measurement, management, communication, and calibration in Europe, the Americas, and the Asia Pacific.

Snowflake

Flawless balance sheet with reasonable growth potential and pays a dividend.

Share Price & News

How has Datacolor's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DCN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.3%

DCN

0.5%

CH Electronic

-0.03%

CH Market


1 Year Return

-12.6%

DCN

27.0%

CH Electronic

13.3%

CH Market

Return vs Industry: DCN underperformed the Swiss Electronic industry which returned 27% over the past year.

Return vs Market: DCN underperformed the Swiss Market which returned 13.3% over the past year.


Shareholder returns

DCNIndustryMarket
7 Day2.3%0.5%-0.03%
30 Day4.8%8.3%2.8%
90 Day-0.8%12.4%5.8%
1 Year-10.8%-12.6%30.4%27.0%18.7%13.3%
3 Year7.7%1.5%41.7%32.8%40.0%21.9%
5 Year21.2%10.0%92.2%69.5%34.1%13.0%

Price Volatility Vs. Market

How volatile is Datacolor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

37.96x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DCN (CHF660) is trading above our estimate of fair value (CHF211.88)

Significantly Below Fair Value: DCN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DCN is poor value based on its PE Ratio (38x) compared to the Electronic industry average (20.9x).

PE vs Market: DCN is poor value based on its PE Ratio (38x) compared to the Swiss market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: DCN is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: DCN is good value based on its PB Ratio (2.5x) compared to the CH Electronic industry average (2.6x).


Next Steps

Future Growth

How is Datacolor forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

26.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DCN's forecast earnings growth (26.3% per year) is above the savings rate (3.3%).

Earnings vs Market: DCN's earnings (26.3% per year) are forecast to grow faster than the Swiss market (9.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DCN's revenue (4.6% per year) is forecast to grow faster than the Swiss market (3.5% per year).

High Growth Revenue: DCN's revenue (4.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if DCN's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Datacolor performed over the past 5 years?

5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DCN has a high level of non-cash earnings.

Growing Profit Margin: DCN's current net profit margins (3.6%) are lower than last year (7.3%).


Past Earnings Growth Analysis

Earnings Trend: DCN's earnings have grown by 5.5% per year over the past 5 years.

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

Earnings vs Industry: DCN had negative earnings growth (-50.7%) over the past year, making it difficult to compare to the Electronic industry average (1.1%).


Return on Equity

High ROE: DCN's Return on Equity (6.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Datacolor's financial position?


Financial Position Analysis

Short Term Liabilities: DCN's short term assets ($57.9M) exceeds its short term liabilities ($23.5M)

Long Term Liabilities: DCN's short term assets (57.9M) exceeds its long term liabilities (1.6M)


Debt to Equity History and Analysis

Debt Level: DCN is debt free.

Reducing Debt: DCN has not had any debt for past 5 years.

Debt Coverage: DCN has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: DCN has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: DCN has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if DCN's debt is covered by short term assets.


Next Steps

Dividend

What is Datacolor's current dividend yield, its reliability and sustainability?

2.20%

Current Dividend Yield


Dividend Yield vs Market

company2.2%marketbottom25%1.8%markettop25%3.6%industryaverage2.7%forecastin3Years2.5%

Current dividend yield vs market & industry

Notable Dividend: DCN's dividend (2.2%) is higher than the bottom 25% of dividend payers in the Swiss market (1.85%).

High Dividend: DCN's dividend (2.2%) is low compared to the top 25% of dividend payers in the Swiss market (3.6%).


Stability and Growth of Payments

Stable Dividend: DCN's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (87.6%), DCN's payments are 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

What is the CEO of Datacolor's salary, the management and board of directors tenure and is there insider trading?

4.1yrs

Average management tenure


CEO

Albert Busch (52yo)

10.8yrs

Tenure

US$938,000

Compensation

Mr. Albert Busch, BS,MS serves as the Chief Executive Officer of Datacolor, Inc. Mr. Busch has been the Chief Executive Officer for Datacolor AG since January 2009. He joined Datacolor in February 2008. Fr ...


CEO Compensation Analysis

Compensation vs Market: Albert's total compensation ($USD946.66K) is above average for companies of similar size in the Swiss market ($USD674.49K).

Compensation vs Earnings: Albert's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

4.1yrs

Average Tenure

55.5yo

Average Age

Experienced Management: DCN's management team is considered experienced (4.1 years average tenure).


Board Age and Tenure

11.8yrs

Average Tenure

62yo

Average Age

Experienced Board: DCN's board of directors are seasoned and experienced ( 11.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Rolf Nüesch (59yo)

    Head of Finance

    • Tenure: 0yrs
  • Steve Shaw (61yo)

    Head of Business Unit Textile Solutions - Color Division

    • Tenure: 0yrs
  • Andreas Gerichhausen (58yo)

    Head of Technology - Beverages Division

    • Tenure: 0yrs
  • Alex Eigenmann (67yo)

    Head of Sales Region 2 & International Beers - Beverages Division

    • Tenure: 0yrs
  • Albert Busch (52yo)

    Chief Executive Officer

    • Tenure: 10.8yrs
    • Compensation: US$938.00k
  • Tae Park (56yo)

    Vice President of R&D and Operations

    • Tenure: 0yrs
  • Diane Geisler (46yo)

    Vice President of Marketing

    • Tenure: 3.1yrs
  • Patrice Jaunasse (55yo)

    Vice President of Sales & Support

    • Tenure: 6.1yrs
  • Nimi Meschke (45yo)

    Vice President of Human Resources

    • Tenure: 4.1yrs
  • Philipp Hediger (44yo)

    Chief Financial Officer

    • Tenure: 1yrs

Board Members

  • Hans Wehrli (67yo)

    Director

    • Tenure: 18.8yrs
    • Compensation: US$57.00k
  • Werner Dubach (76yo)

    Chairman

    • Tenure: 38.8yrs
    • Compensation: US$551.00k
  • Fritz Gantert (61yo)

    Director

    • Tenure: 15.8yrs
    • Compensation: US$57.00k
  • Anne Dubach (63yo)

    Director

    • Tenure: 7.8yrs
    • Compensation: US$57.00k
  • Thomas Studhalter (50yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$57.00k
  • Jvo Grundler (53yo)

    Deputy Chairman

    • Tenure: 1.9yrs
    • Compensation: US$67.00k

Company Information

Datacolor AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Datacolor AG
  • Ticker: DCN
  • Exchange: SWX
  • Founded: 1970
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: CHF108.227m
  • Shares outstanding: 163.98k
  • Website: https://www.datacolor.com

Number of Employees


Location

  • Datacolor AG
  • Waldstätterstrasse 12
  • Lucerne
  • Lucerne
  • 6003
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DCNSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFJan 1992

Biography

Datacolor AG, through its subsidiaries, provides solutions for color measurement, management, communication, and calibration in Europe, the Americas, and the Asia Pacific. The company offers benchtop instr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/16 20:38
End of Day Share Price2019/11/15 00:00
Earnings2019/03/31
Annual Earnings2018/09/30


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.