Dixons Carphone
Market Cap
UK£1.3b
Last Updated
2020/11/27 18:39 UTC
Data Sources
Company Financials +
Executive Summary
Dixons Carphone plc operates as a consumer electrical and mobile retailer and service company. More Details
Rewards
Risk Analysis
No risks detected for DC. from our risk checks.
Snowflake Analysis
Mediocre balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Dixons Carphone's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DC. is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: DC.'s weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
2.6%
DC.
-3.7%
GB Specialty Retail
-0.3%
GB Market
1 Year Return
-6.8%
DC.
1.8%
GB Specialty Retail
-11.0%
GB Market
Return vs Industry: DC. underperformed the UK Specialty Retail industry which returned 1.8% over the past year.
Return vs Market: DC. exceeded the UK Market which returned -11% over the past year.
Shareholder returns
| DC. | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.6% | -3.7% | -0.3% |
| 30 Day | 19.0% | 0.7% | 10.2% |
| 90 Day | 24.5% | 8.9% | 6.4% |
| 1 Year | -5.4%-6.8% | 2.4%1.8% | -7.4%-11.0% |
| 3 Year | -18.8%-29.3% | 11.4%3.3% | 0.9%-11.5% |
| 5 Year | -70.6%-76.0% | -3.8%-16.5% | 26.5%-2.5% |
Long-Term Price Volatility Vs. Market
How volatile is Dixons Carphone's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
How Is Dixons Carphone's (LON:DC.) CEO Compensated?1 month ago | Simply Wall St
A Look At Dixons Carphone's (LON:DC.) Share Price Returns1 month ago | Simply Wall St
Can Dixons Carphone (LON:DC.) Turn Things Around?Valuation
Is Dixons Carphone undervalued compared to its fair value and its price relative to the market?
0.58x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: DC. (£1.15) is trading above our estimate of fair value (£0.43)
Significantly Below Fair Value: DC. is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DC. is unprofitable, so we can't compare its PE Ratio to the GB Specialty Retail industry average.
PE vs Market: DC. is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DC.'s PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DC. is good value based on its PB Ratio (0.6x) compared to the GB Specialty Retail industry average (1.5x).
Next Steps
Future Growth
How is Dixons Carphone forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
132.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DC. is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: DC. is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DC.'s is expected to become profitable in the next 3 years.
Revenue vs Market: DC.'s revenue is expected to decline over the next 3 years (-1.2% per year).
High Growth Revenue: DC.'s revenue is forecast to decline over the next 3 years (-1.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DC.'s Return on Equity is forecast to be low in 3 years time (6%).
Next Steps
Past Performance
How has Dixons Carphone performed over the past 5 years?
-47.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DC. is currently unprofitable.
Growing Profit Margin: DC. is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DC. is unprofitable, and losses have increased over the past 5 years at a rate of 47.9% per year.
Accelerating Growth: Unable to compare DC.'s earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DC. is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-17.5%).
Return on Equity
High ROE: DC. has a negative Return on Equity (-7.06%), as it is currently unprofitable.
Next Steps
Financial Health
How is Dixons Carphone's financial position?
Financial Position Analysis
Short Term Liabilities: DC.'s short term assets (£2.5B) do not cover its short term liabilities (£3.1B).
Long Term Liabilities: DC.'s short term assets (£2.5B) exceed its long term liabilities (£2.3B).
Debt to Equity History and Analysis
Debt Level: DC.'s debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: DC.'s debt to equity ratio has increased from 14% to 37.9% over the past 5 years.
Debt Coverage: DC.'s debt is well covered by operating cash flow (67.5%).
Interest Coverage: DC. is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Dixons Carphone current dividend yield, its reliability and sustainability?
3.86%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DC.'s dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DC.'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 DC.'s dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DC.'s dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DC. is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DC.'s dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Alex Baldock
2.58yrs
Tenure
UK£1,038,000
Compensation
Mr. Alex Baldock has been a Group Chief Executive Officer and Director of Dixons Carphone plc., since April 03, 2018. Mr. Baldock served as the Group Chief Executive of Shop Direct Home Shopping Limited fr...
CEO Compensation Analysis
Compensation vs Market: Alex's total compensation ($USD1.38M) is about average for companies of similar size in the UK market ($USD1.78M).
Compensation vs Earnings: Alex's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Director | 2.58yrs | UK£1.04m | 0.032% £ 434.9k | |
| Group CFO & Director | 2.25yrs | UK£530.00k | 0.015% £ 202.6k | |
| COO & Chief Digital Officer | 0.50yr | no data | no data | |
| General Counsel & Company Secretary | 5.58yrs | no data | no data | |
| Head of External Communications | no data | no data | no data | |
| Chief People Officer | 1.83yrs | no data | no data | |
| Managing Director of Carphone Warehouse | 5.08yrs | no data | no data | |
| Chief Commercial Officer | 0.67yr | no data | no data | |
| Chief Supply Chain Officer | 0.83yr | no data | no data | |
| Chief Executive of International | no data | no data | no data | |
| Group Treasurer | no data | no data | no data | |
| Chief Executive Officer of Nordics | 7.83yrs | no data | no data |
2.3yrs
Average Tenure
49yo
Average Age
Experienced Management: DC.'s management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Director | 2.58yrs | UK£1.04m | 0.032% £ 434.9k | |
| Group CFO & Director | 2.25yrs | UK£530.00k | 0.015% £ 202.6k | |
| Deputy Chair & Senior Independent Director | 3.58yrs | UK£140.00k | 0.017% £ 231.7k | |
| Independent Non-Executive Director | 1.83yrs | UK£65.00k | 0.00036% £ 4.8k | |
| Independent Non-Executive Director | 3.67yrs | UK£80.00k | 0.0024% £ 32.5k | |
| Independent Non-Executive Director | 6.25yrs | UK£75.00k | 0.0022% £ 28.9k | |
| Independent Non-Executive Director | 6.42yrs | UK£69.00k | 0.0086% £ 115.8k | |
| Chair of the Board | 3.58yrs | UK£297.00k | 0.018% £ 238.1k |
3.6yrs
Average Tenure
56yo
Average Age
Experienced Board: DC.'s board of directors are considered experienced (3.6 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Dixons Carphone plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Dixons Carphone plc
- Ticker: DC.
- Exchange: LSE
- Founded: 1937
- Industry: Computer and Electronics Retail
- Sector: Retail
- Market Cap: UK£1.339b
- Shares outstanding: 1.16b
- Website: https://www.dixonscarphone.com
Number of Employees
Location
- Dixons Carphone plc
- 1 Portal Way
- London
- Greater London
- W3 6RS
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DC. | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Mar 2010 |
| CWB | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Mar 2010 |
| DCL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Mar 2010 |
Biography
Dixons Carphone plc operates as a consumer electrical and mobile retailer and service company. It operates through four segments: UK & Ireland Electricals, UK & Ireland Mobile, Nordics, and Greece. The com...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 18:39 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/05/02 |
| Annual Earnings | 2020/05/02 |
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.