BIT:DOX

Stock Analysis Report

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Executive Summary

Doxee S.p.A. develops cloud technologies in Italy, the United States, and the Czech Republic.


Snowflake Analysis

Excellent balance sheet and good value.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-2.9%

DOX

-0.7%

IT Software

0.8%

IT Market


1 Year Return

n/a

DOX

6.5%

IT Software

-13.2%

IT Market

Return vs Industry: Insufficient data to determine how DOX performed against the Italian Software industry.

Return vs Market: Insufficient data to determine how DOX performed against the Italian Market.


Shareholder returns

DOXIndustryMarket
7 Day-2.9%-0.7%0.8%
30 Day5.9%5.9%3.6%
90 Day8.7%16.7%13.3%
1 Yearn/a6.7%6.5%-11.0%-13.2%
3 Yearn/a1.2%-2.8%-4.1%-12.8%
5 Yearn/a89.8%77.6%-0.6%-33.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

32.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DOX (€3.39) is trading below our estimate of fair value (€5.03)

Significantly Below Fair Value: DOX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: DOX is good value based on its PE Ratio (3.2x) compared to the Software industry average (18.5x).

PE vs Market: DOX is good value based on its PE Ratio (3.2x) compared to the Italian market (16.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: DOX is overvalued based on its PB Ratio (6.3x) compared to the IT Software industry average (3.6x).


Next Steps

Future Growth

How is Doxee forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.8%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Doxee has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Doxee performed over the past 5 years?

182.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: DOX has high quality earnings.

Growing Profit Margin: DOX's current net profit margins (8.1%) are higher than last year (3.7%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if DOX's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare DOX's past year earnings growth to its 5-year average.

Earnings vs Industry: DOX earnings growth over the past year (182.5%) exceeded the Software industry 45.3%.


Return on Equity

High ROE: Whilst DOX's Return on Equity (26%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Doxee's financial position?


Financial Position Analysis

Short Term Liabilities: DOX's short term assets (€11.3M) exceed its short term liabilities (€31.6K).

Long Term Liabilities: DOX's short term assets (€11.3M) do not cover its long term liabilities (€14.2M).


Debt to Equity History and Analysis

Debt Level: DOX is debt free.

Reducing Debt: DOX had no debt 5 years ago.

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

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


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if DOX'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 DOX's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.


Next Steps

Management

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


CEO

Sergio Casali

no data

Tenure

Mr. Sergio Muratori Casali serves as a Founder, Vice President, CEO and Director at Doxee Spa. He began his career in various roles in the sales and marketing departments in the industrial printing sector. ...


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: DOX only recently listed within the past 12 months.


Top Shareholders

Company Information

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


Key Information

  • Name: Doxee S.p.A.
  • Ticker: DOX
  • Exchange: BIT
  • Founded:
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €24.379m
  • Shares outstanding: 7.19m
  • Website: https://www.doxee.com

Location

  • Doxee S.p.A.
  • Viale Virgilio 48/B
  • Modena
  • Modena
  • 41123
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DOXBIT (Borsa Italiana)YesShare CapitalITEURDec 2019

Biography

Doxee S.p.A. develops cloud technologies in Italy, the United States, and the Czech Republic. It offers Doxee Document Experience (dX), a customer communications management product for managing business processes related to data transformation and document production, distribution, and archiving; Doxee Paperless Experience (pX) for dematerialization of processes, such as electronic invoicing and legally compliant digital storage; and Doxee Pvideo and Doxee Pweb for digital customer experience. The company serves utilities, telecommunications and media, banking, insurance, travel, and leisure industries, as well as governments. Doxee S.p.A. is headquartered in Modena, Italy. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/01 21:07
End of Day Share Price2020/07/01 00:00
Earnings2019/12/31
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.