ENXTPA:DLT

Stock Analysis Report

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Executive Summary

Dalet S.A. provides solutions and services that enable media organizations to create, manage, and distribute content worldwide. More Details


Snowflake Analysis

Mediocre balance sheet with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: DLT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

30.0%

DLT

-8.3%

FR Software

-2.2%

FR Market


1 Year Return

-0.8%

DLT

8.7%

FR Software

-9.6%

FR Market

Return vs Industry: DLT underperformed the French Software industry which returned 8.7% over the past year.

Return vs Market: DLT exceeded the French Market which returned -9.6% over the past year.


Shareholder returns

DLTIndustryMarket
7 Day30.0%-8.3%-2.2%
30 Day36.1%-6.6%2.8%
90 Day30.0%-2.0%0.01%
1 Year-0.8%-0.8%9.3%8.7%-7.6%-9.6%
3 Year20.4%20.4%59.1%56.2%2.9%-6.0%
5 Year170.8%170.8%105.9%99.1%29.3%10.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

2.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DLT (€13) is trading below our estimate of fair value (€13.35)

Significantly Below Fair Value: DLT is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: DLT is unprofitable, so we can't compare its PE Ratio to the FR Software industry average.

PE vs Market: DLT is unprofitable, so we can't compare its PE Ratio to the French market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: DLT is overvalued based on its PB Ratio (3.7x) compared to the FR Software industry average (2.7x).


Next Steps

Future Growth

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

115.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DLT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.6%).

Earnings vs Market: DLT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: DLT's is expected to become profitable in the next 3 years.

Revenue vs Market: DLT's revenue (0.06% per year) is forecast to grow slower than the French market (6.8% per year).

High Growth Revenue: DLT's revenue (0.06% 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 DLT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Dalet performed over the past 5 years?

-20.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DLT is currently unprofitable.

Growing Profit Margin: DLT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DLT is unprofitable, and losses have increased over the past 5 years at a rate of 20.8% per year.

Accelerating Growth: Unable to compare DLT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DLT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-1.2%).


Return on Equity

High ROE: DLT has a negative Return on Equity (-28.62%), as it is currently unprofitable.


Next Steps

Financial Health

How is Dalet's financial position?


Financial Position Analysis

Short Term Liabilities: DLT's short term assets (€31.0M) exceed its short term liabilities (€27.8M).

Long Term Liabilities: DLT's short term assets (€31.0M) exceed its long term liabilities (€11.4M).


Debt to Equity History and Analysis

Debt Level: DLT's debt to equity ratio (56.8%) is considered high.

Reducing Debt: DLT's debt to equity ratio has increased from 43.7% to 56.8% over the past 5 years.

Debt Coverage: DLT's debt is well covered by operating cash flow (99.4%).

Interest Coverage: Insufficient data to determine if DLT's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Dalet current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DLT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DLT'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 DLT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DLT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DLT's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

11.3yrs

Average board tenure


CEO

David Lasry (57 yo)

no data

Tenure

€280,819

Compensation

Mr. David Lasry is the founder of Dalet S.A. and serves as its Chief Executive Officer. Mr. Lasry has been Chairman of the Board at Dalet S.A. since 1997 and also served as its Chairman of the Management B ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD0.00) is below average for companies of similar size in the French market ($USD294.98K).

Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
David Lasry
Founderno data€280.82k5.18%
€ 2.7m
Stephane Guez
Founder11.33yrs€218.58k5.2%
€ 2.7m
Michael Elhadad
Founder11.33yrs€247.77k5.2%
€ 2.7m
Anna Sokusky
Independent Director8.33yrs€6.77kno data
John Pinto
Director2.25yrsno data19.98%
€ 10.4m

11.3yrs

Average Tenure

57yo

Average Age

Experienced Board: DLT's board of directors are seasoned and experienced ( 11.3 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.5%.


Top Shareholders

Company Information

Dalet S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dalet S.A.
  • Ticker: DLT
  • Exchange: ENXTPA
  • Founded: 1990
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €51.945m
  • Shares outstanding: 3.97m
  • Website: https://www.dalet.com

Number of Employees


Location

  • Dalet S.A.
  • 16, rue Rivay
  • Levallois-perret
  • Ile-de-France
  • 92300
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DLXX.FOTCPK (Pink Sheets LLC)SHS NEWUSUSDJun 2000
DLTENXTPA (Euronext Paris)YesOrdinary SharesFREURApr 2011
0P2RLSE (London Stock Exchange)YesOrdinary SharesGBEURApr 2011
DLTPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURApr 2011

Biography

Dalet S.A. provides solutions and services that enable media organizations to create, manage, and distribute content worldwide. It offers media production, management, and distribution workflow solutions f ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 20:46
End of Day Share Price2020/10/27 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.