Deluxe Corporation provides printed business forms, checks, marketing solutions, accessories, and other products and services for small businesses and financial institutions.
Reasonable growth potential average dividend payer.
Share Price & News
How has Deluxe's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DLX's share price has been volatile over the past 3 months.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: DLX underperformed the US Commercial Services industry which returned -14.6% over the past year.
Return vs Market: DLX underperformed the US Market which returned -8.1% over the past year.
Price Volatility Vs. Market
How volatile is Deluxe's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StKey Things To Watch Out For If You Are After Deluxe Corporation's (NYSE:DLX) 5.4% Dividend
1 month ago | Simply Wall StDeluxe (NYSE:DLX) Has A Somewhat Strained Balance Sheet
2 months ago | Simply Wall StEarnings Release: Here's Why Analysts Cut Their Deluxe Corporation Price Target To US$58.00
Is Deluxe 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: DLX ($30.09) is trading below our estimate of fair value ($69.68)
Significantly Below Fair Value: DLX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DLX is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.
PE vs Market: DLX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DLX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DLX is overvalued based on its PB Ratio (2.2x) compared to the US Commercial Services industry average (1.2x).
How is Deluxe 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: DLX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: DLX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DLX's is expected to become profitable in the next 3 years.
Revenue vs Market: DLX's revenue is expected to decline over the next 3 years (-5% per year).
High Growth Revenue: DLX's revenue is forecast to decline over the next 3 years (-5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DLX's Return on Equity is forecast to be high in 3 years time (31.1%)
How has Deluxe performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DLX is currently unprofitable.
Growing Profit Margin: DLX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DLX is unprofitable, and losses have increased over the past 5 years at a rate of -24.6% per year.
Accelerating Growth: Unable to compare DLX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DLX is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (2.5%).
Return on Equity
High ROE: DLX has a negative Return on Equity (-35.02%), as it is currently unprofitable.
How is Deluxe's financial position?
Financial Position Analysis
Short Term Liabilities: DLX's short term assets ($472.2M) exceed its short term liabilities ($407.9M).
Long Term Liabilities: DLX's short term assets ($472.2M) do not cover its long term liabilities ($964.5M).
Debt to Equity History and Analysis
Debt Level: DLX's debt to equity ratio (155%) is considered high.
Reducing Debt: DLX's debt to equity ratio has increased from 86.4% to 155% over the past 5 years.
Debt Coverage: DLX's debt is well covered by operating cash flow (32.4%).
Interest Coverage: DLX is unprofitable, therefore interest payments are not well covered by earnings.
What is Deluxe's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DLX's dividend (3.99%) is higher than the bottom 25% of dividend payers in the US market (1.89%).
High Dividend: DLX's dividend (3.99%) is low compared to the top 25% of dividend payers in the US market (5.26%).
Stability and Growth of Payments
Stable Dividend: DLX's dividends per share have been stable in the past 10 years.
Growing Dividend: DLX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: DLX is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: DLX's dividends in 3 years are forecast to be well covered by earnings (24% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Barry McCarthy (55yo)
Mr. Barry C. McCarthy has been President, Chief Executive Officer and Director of Deluxe Corporation since November 26, 2018. Previously, Mr. McCarthy served as Executive Vice President, Head of Network an ...
CEO Compensation Analysis
Compensation vs Market: Barry's total compensation ($USD5.28M) is about average for companies of similar size in the US market ($USD4.69M).
Compensation vs Earnings: Barry's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||3.08yrs||US$3.12m||0.028% $352.0k|
|Senior VP & Chief of Operations||0.50yr||US$1.67m||0.031% $397.7k|
|Senior VP & Chief Information Officer||6.92yrs||US$1.44m||0.022% $278.8k|
|Chief Administrative Officer||1.25yrs||US$2.34m||0.011% $135.2k|
|Treasurer & VP of Investor Relations||no data||US$1.25m||no data|
|Senior VP & Chief Human Resources Officer||1yr||no data||no data|
|Senior VP & GM of Checks||3.08yrs||no data||0.050% $629.5k|
|Chief Brand Officer||no data||no data||0.011% $141.3k|
|Senior Vice President of New Business Development & Strategy||0.83yr||no data||0.0011% $13.6k|
Experienced Management: DLX's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Independent Director||24.42yrs||US$241.86k||0.0085% $107.8k|
|Independent Director||18.67yrs||US$302.70k||0.11% $1.4m|
|Independent Director||6.17yrs||US$244.53k||0.0093% $117.9k|
|Independent Director||12.83yrs||US$242.70k||0.022% $277.8k|
|Independent Director||12.83yrs||US$240.03k||0.041% $524.3k|
|Non-Executive Chair of the Board||0.67yr||US$267.86k||0.079% $1.0m|
|Independent Director||12.83yrs||US$241.03k||0.038% $488.5k|
|Independent Director||3.75yrs||US$251.03k||0.029% $370.9k|
|Independent Director||2.92yrs||US$233.03k||0.011% $133.4k|
Experienced Board: DLX's board of directors are considered experienced (9.5 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Deluxe Corporation's company bio, employee growth, exchange listings and data sources
- Name: Deluxe Corporation
- Ticker: DLX
- Exchange: NYSE
- Founded: 1915
- Industry: Commercial Printing
- Sector: Commercial Services
- Market Cap: US$1.269b
- Shares outstanding: 42.19m
- Website: https://www.deluxe.com
Number of Employees
- Deluxe Corporation
- 3680 Victoria Street North
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DLX||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Jan 1969|
|DL8||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1969|
Deluxe Corporation provides printed business forms, checks, marketing solutions, accessories, and other products and services for small businesses and financial institutions. It operates through three segments: Small Business Services, Financial Services, and Direct Checks. The company provides marketing materials and promotional solutions, such as postcards, brochures, retail packaging supplies, apparel, greeting cards, and business cards; and treasury management solutions, including remittance and lockbox processing, remote deposit capture, receivables management, payment processing, and paperless treasury management, as well as software, hardware and digital imaging solutions. It also offers Web services comprising web hosting and domain name, logo and web design, payroll, email marketing, search engine marketing and optimization, and business incorporation and organization services; strategic targeting, lead optimization, retention, and cross-selling services; and fraud protection and security services, electronic checks and deposits, and digital engagement solutions, including loyalty and rewards programs and financial management tools. In addition, the company provides checks; printed business forms, such as deposit tickets, billing forms, work orders, job proposals, purchase orders, invoices, and personnel forms, as well as computer forms; and customized products comprising envelopes, office supplies, ink stamps, labels, check registers, and checkbook covers. It operates in the United States, Canada, Australia, South America, and Europe. The company was formerly known as Deluxe Check Printers, Incorporated and changed its name to Deluxe Corporation in 1988. Deluxe Corporation was founded in 1915 and is headquartered in Shoreview, Minnesota.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/10 01:18|
|End of Day Share Price||2020/04/09 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.