Market Cap
UK£6.8b
Last Updated
2020/08/06 22:00 UTC
Data Sources
Company Financials +
Executive Summary
DCC plc provides sales, marketing, and support services worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet established dividend payer.
Similar Companies
Share Price & News
How has DCC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DCC has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.5%
DCC
3.7%
GB Industrials
1.4%
GB Market
1 Year Return
6.7%
DCC
18.6%
GB Industrials
-12.9%
GB Market
Return vs Industry: DCC underperformed the UK Industrials industry which returned 18.4% over the past year.
Return vs Market: DCC exceeded the UK Market which returned -11.1% over the past year.
Shareholder returns
| DCC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | 3.7% | 1.4% |
| 30 Day | -0.2% | 5.2% | -1.0% |
| 90 Day | 18.8% | 26.9% | 4.0% |
| 1 Year | 9.1%6.7% | 22.3%18.6% | -9.3%-12.9% |
| 3 Year | 7.9%1.6% | 18.4%7.5% | -6.0%-17.2% |
| 5 Year | 51.9%38.6% | 50.1%27.5% | 14.2%-11.1% |
Price Volatility Vs. Market
How volatile is DCC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
DCC plc's (LON:DCC) Price Is Out Of Tune With Earnings2 weeks ago | Simply Wall St
Is DCC plc's(LON:DCC) Recent Stock Performance Tethered To Its Strong Fundamentals?3 weeks ago | Simply Wall St
Are Institutions Heavily Invested In DCC plc's (LON:DCC) Shares?Valuation
Is DCC undervalued compared to its fair value and its price relative to the market?
27.74x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DCC (£69.26) is trading above our estimate of fair value (£57.12)
Significantly Below Fair Value: DCC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DCC is poor value based on its PE Ratio (27.7x) compared to the XE Industrials industry average (17x).
PE vs Market: DCC is poor value based on its PE Ratio (27.7x) compared to the UK market (15.9x).
Price to Earnings Growth Ratio
PEG Ratio: DCC is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: DCC is overvalued based on its PB Ratio (2.7x) compared to the XE Industrials industry average (0.8x).
Next Steps
Future Growth
How is DCC forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
9.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DCC's forecast earnings growth (9.7% per year) is above the savings rate (1.2%).
Earnings vs Market: DCC's earnings (9.7% per year) are forecast to grow slower than the UK market (23% per year).
High Growth Earnings: DCC's earnings are forecast to grow, but not significantly.
Revenue vs Market: DCC's revenue (1% per year) is forecast to grow slower than the UK market (4.4% per year).
High Growth Revenue: DCC's revenue (1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DCC's Return on Equity is forecast to be low in 3 years time (13%).
Next Steps
Past Performance
How has DCC performed over the past 5 years?
12.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DCC has high quality earnings.
Growing Profit Margin: DCC's current net profit margins (1.7%) are lower than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: DCC's earnings have grown by 12.8% per year over the past 5 years.
Accelerating Growth: DCC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DCC had negative earnings growth (-6.4%) over the past year, making it difficult to compare to the Industrials industry average (2%).
Return on Equity
High ROE: DCC's Return on Equity (10%) is considered low.
Next Steps
Financial Health
How is DCC's financial position?
Financial Position Analysis
Short Term Liabilities: DCC's short term assets (£4.1B) exceed its short term liabilities (£2.7B).
Long Term Liabilities: DCC's short term assets (£4.1B) exceed its long term liabilities (£2.6B).
Debt to Equity History and Analysis
Debt Level: DCC's debt to equity ratio (83.4%) is considered high.
Reducing Debt: DCC's debt to equity ratio has reduced from 147.6% to 83.4% over the past 5 years.
Debt Coverage: DCC's debt is well covered by operating cash flow (25%).
Interest Coverage: DCC's interest payments on its debt are well covered by EBIT (10.3x coverage).
Balance Sheet
Next Steps
Dividend
What is DCC current dividend yield, its reliability and sustainability?
2.10%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DCC's dividend (2.1%) is higher than the bottom 25% of dividend payers in the UK market (1.86%).
High Dividend: DCC's dividend (2.1%) is low compared to the top 25% of dividend payers in the UK market (5.4%).
Stability and Growth of Payments
Stable Dividend: DCC's dividends per share have been stable in the past 10 years.
Growing Dividend: DCC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (58.2%), DCC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DCC's dividends in 3 years are forecast to be well covered by earnings (41.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average management tenure
CEO
Donal Murphy (54 yo)
3.08yrs
Tenure
UK£2,614,000
Compensation
Mr. Donal Murphy, B.Comm, BFS, MBA has been the Chief Executive Officer of DCC plc since July 14, 2017. Mr. Murphy served as Managing Director of Energy & Environmental Services Divisions at DCC plc since ...
CEO Compensation Analysis
Compensation vs Market: Donal's total compensation ($USD3.08M) is about average for companies of similar size in the UK market ($USD3.28M).
Compensation vs Earnings: Donal's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.08yrs | UK£2.61m | 0.14% £ 9.6m | |
| Company Secretary & Head of Enterprise Risk Management | 20.58yrs | no data | 0.16% £ 10.7m | |
| CFO & Executive Director | 0.083yr | no data | no data | |
| Chief Information Officer | 6.17yrs | no data | no data | |
| Head of Group Human Resources | 4.25yrs | no data | no data | |
| Managing Director of DCC Healthcare | 14.08yrs | no data | no data | |
| Managing Director of DCC Retail & Oil | 2.58yrs | no data | no data | |
| Managing Director of DCC LPG | 2.58yrs | no data | no data | |
| Head of Group Financial Planning & Control | 3.08yrs | no data | no data | |
| Managing Director of DCC Technology | 2.17yrs | no data | no data |
3.1yrs
Average Tenure
Experienced Management: DCC's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 3.08yrs | UK£2.61m | 0.14% £ 9.6m | |
| CFO & Executive Director | 0.083yr | no data | no data | |
| Independent Non-Executive Director | 6.92yrs | UK£81.00k | 0.0025% £ 173.3k | |
| Senior Independent Director | 0.083yr | UK£81.00k | 0.00035% £ 23.9k | |
| Independent Non-Executive Chairman | 5.92yrs | UK£314.00k | 0.0020% £ 138.5k | |
| Independent Non-Executive Director | 4.25yrs | UK£81.00k | 0.0012% £ 83.2k | |
| Independent Non Executive Director | 2.75yrs | UK£81.00k | 0.0098% £ 671.4k | |
| Independent Non-Executive Director | 5.42yrs | UK£78.00k | 0.00010% £ 6.8k | |
| Non-Executive Director | 0.33yr | no data | no data | |
| Independent Non-Executive Director | 7.83yrs | UK£96.00k | 0.0031% £ 208.1k | |
| Independent Non-Executive Director | 1.25yrs | UK£72.00k | 0.00051% £ 34.8k |
4.3yrs
Average Tenure
60.5yo
Average Age
Experienced Board: DCC's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DCC 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
DCC plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: DCC plc
- Ticker: DCC
- Exchange: LSE
- Founded: 1976
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: UK£6.823b
- Shares outstanding: 98.51m
- Website: https://www.dcc.ie
Number of Employees
Location
- DCC plc
- DCC House
- Leopardstown Road
- Dublin
- Co. Dublin
- 18
- Ireland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DCCP.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | May 1994 |
| DCC | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | May 1994 |
| DCC | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | May 1994 |
| DCCL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | May 1994 |
| DCCP.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Oct 2008 |
Biography
DCC plc provides sales, marketing, and support services worldwide. The company’s DCC LPG segment sells and markets liquefied petroleum gas (LPG). This segment serves approximately 0.7 million customers. It ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/06 22:00 |
| End of Day Share Price | 2020/08/06 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.