Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace and defense, industrial, medical, and other industries in the United States. More Details
Undervalued with moderate growth potential.
Share Price & News
How has Ducommun's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DCO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: DCO's weekly volatility (5%) has been stable over the past year.
7 Day Return
US Aerospace & Defense
1 Year Return
US Aerospace & Defense
Return vs Industry: DCO exceeded the US Aerospace & Defense industry which returned 29% over the past year.
Return vs Market: DCO exceeded the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Ducommun's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StAt US$56.35, Is Ducommun Incorporated (NYSE:DCO) Worth Looking At Closely?
2 months ago | Simply Wall StCalculating The Fair Value Of Ducommun Incorporated (NYSE:DCO)
2 months ago | Simply Wall StThis Insider Has Just Sold Shares In Ducommun Incorporated (NYSE:DCO)
Is Ducommun undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DCO ($53.95) is trading below our estimate of fair value ($232.3)
Significantly Below Fair Value: DCO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DCO is good value based on its PE Ratio (22.6x) compared to the US Aerospace & Defense industry average (32.5x).
PE vs Market: DCO is poor value based on its PE Ratio (22.6x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: DCO is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: DCO is good value based on its PB Ratio (1.9x) compared to the US Aerospace & Defense industry average (2.6x).
How is Ducommun forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DCO's forecast earnings growth (24.4% per year) is above the savings rate (2%).
Earnings vs Market: DCO's earnings (24.4% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DCO's revenue (7% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: DCO's revenue (7% 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 DCO's Return on Equity is forecast to be high in 3 years time
How has Ducommun performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DCO has high quality earnings.
Growing Profit Margin: DCO's current net profit margins (4.6%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: DCO has become profitable over the past 5 years, growing earnings by 49.2% per year.
Accelerating Growth: DCO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DCO had negative earnings growth (-14.7%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (-14.7%).
Return on Equity
High ROE: DCO's Return on Equity (8.3%) is considered low.
How is Ducommun's financial position?
Financial Position Analysis
Short Term Liabilities: DCO's short term assets ($403.2M) exceed its short term liabilities ($133.0M).
Long Term Liabilities: DCO's short term assets ($403.2M) exceed its long term liabilities ($357.3M).
Debt to Equity History and Analysis
Debt Level: DCO's debt to equity ratio (92.8%) is considered high.
Reducing Debt: DCO's debt to equity ratio has increased from 92.7% to 92.8% over the past 5 years.
Debt Coverage: DCO's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: DCO's interest payments on its debt are well covered by EBIT (3.7x coverage).
What is Ducommun current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DCO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DCO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DCO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DCO is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DCO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Oswald (57 yo)
Mr. Stephen G. Oswald, also known as Steve, has been Chief Executive Officer and President at Ducommun Incorporated since January 23, 2017 and Chairman of the Board since May 2, 2018. Mr. Oswald served as ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD4.98M) is above average for companies of similar size in the US market ($USD2.44M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Experienced Management: DCO's management team is considered experienced (4.1 years average tenure).
Experienced Board: DCO's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DCO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ducommun Incorporated's company bio, employee growth, exchange listings and data sources
- Name: Ducommun Incorporated
- Ticker: DCO
- Exchange: NYSE
- Founded: 1849
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$639.286m
- Shares outstanding: 11.85m
- Website: https://www.ducommun.com
Number of Employees
- Ducommun Incorporated
- 200 Sandpointe Avenue
- Suite 700
- Santa Ana
- United States
Ducommun Incorporated provides engineering and manufacturing products and services primarily to the aerospace and defense, industrial, medical, and other industries in the United States. It operates throug...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/01 22:09|
|End of Day Share Price||2021/07/30 00:00|
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.