NasdaqGM:DXYN

Stock Analysis Report

Executive Summary

The Dixie Group, Inc. manufactures, markets, and sells floorcovering products for residential and commercial applications primarily in the United States.


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: DXYN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.6%

DXYN

-0.3%

US Consumer Durables

-1.0%

US Market


1 Year Return

-5.6%

DXYN

27.7%

US Consumer Durables

18.0%

US Market

Return vs Industry: DXYN underperformed the US Consumer Durables industry which returned 27.7% over the past year.

Return vs Market: DXYN underperformed the US Market which returned 18% over the past year.


Shareholder returns

DXYNIndustryMarket
7 Day-5.6%-0.3%-1.0%
30 Day-12.2%0.7%0.6%
90 Day-26.1%9.3%7.9%
1 Year-5.6%-5.6%29.5%27.7%20.4%18.0%
3 Year-65.5%-65.5%33.1%27.2%48.0%38.5%
5 Year-86.5%-86.5%39.7%30.5%72.2%53.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DXYN ($1.19) is trading below our estimate of fair value ($61.68)

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


Price To Earnings Ratio

PE vs Industry: DXYN is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

PE vs Market: DXYN 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 DXYN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DXYN is good value based on its PB Ratio (0.4x) compared to the US Consumer Durables industry average (1.5x).


Next Steps

Future Growth

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

9.5%

Forecasted Consumer Durables 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 Dixie Group 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 Dixie Group performed over the past 5 years?

-53.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DXYN is currently unprofitable.

Growing Profit Margin: DXYN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DXYN is unprofitable, and losses have increased over the past 5 years at a rate of -53.3% per year.

Accelerating Growth: Unable to compare DXYN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DXYN is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (5.5%).


Return on Equity

High ROE: DXYN has a negative Return on Equity (-50.32%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Dixie Group's financial position?


Financial Position Analysis

Short Term Liabilities: DXYN's short term assets ($150.7M) exceed its short term liabilities ($63.8M).

Long Term Liabilities: DXYN's short term assets ($150.7M) exceed its long term liabilities ($142.5M).


Debt to Equity History and Analysis

Debt Level: DXYN's debt to equity ratio (220.5%) is considered high.

Reducing Debt: DXYN's debt to equity ratio has increased from 127.1% to 220.5% over the past 5 years.


Balance Sheet

Inventory Level: DXYN has a high level of physical assets or inventory.

Debt Coverage by Assets: DXYN's debt is covered by short term assets (assets are 1.4x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable DXYN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: DXYN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.5% per year.


Next Steps

Dividend

What is Dixie Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate DXYN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DXYN's dividends per share have been stable in the past.

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


Next Steps

Management

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

10.5yrs

Average management tenure


CEO

Dan Frierson (77yo)

40.1yrs

Tenure

US$1,091,395

Compensation

Mr. Daniel K. Frierson, also known as Dan, has been the Chief Executive Officer of The Dixie Group, Inc. since 1980. Mr. Frierson has been the Chairman of The Dixie Group, Inc. since 1987 and has been its  ...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD1.09M) is above average for companies of similar size in the US market ($USD522.55K).

Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Daniel Frierson
Chairman & CEO40.1yrsUS$1.09m4.39% $824.3k
Daniel Frierson
VP, COO & Director8.1yrsUS$581.31k1.58% $297.6k
Thomas Nuckols
VP & President of Dixie Residential2.3yrsUS$494.38k0.32% $59.4k
Allen Danzey
Chief Accounting Officer & CFO0.08yrsno datano data
W. Davis
VP of Human Resources & Corporate Secretary29.1yrsUS$275.17k0.63% $118.6k

10.5yrs

Average Tenure

60.5yo

Average Age

Experienced Management: DXYN's management team is seasoned and experienced (10.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Daniel Frierson
Chairman & CEO40.1yrsUS$1.09m4.39% $824.3k
Daniel Frierson
VP, COO & Director8.1yrsUS$581.31k1.58% $297.6k
Lowry Kline
Independent Director16.1yrsUS$51.02k0.20% $37.1k
Hilda Murray
Independent Director8.1yrsUS$43.52k0.14% $25.9k
William Blue
Independent Director5.3yrsUS$40.52k0.080% $15.0k
Charles Brock
Independent Director8.1yrsUS$42.02k0.14% $25.9k
Michael Owens
Independent Director6.1yrsUS$49.02k0.11% $20.9k

8.1yrs

Average Tenure

62yo

Average Age

Experienced Board: DXYN's board of directors are considered experienced (8.1 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

The Dixie Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Dixie Group, Inc.
  • Ticker: DXYN
  • Exchange: NasdaqGM
  • Founded: 1920
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Market Cap: US$18.792m
  • Shares outstanding: 15.79m
  • Website: https://www.thedixiegroup.com

Number of Employees


Location

  • The Dixie Group, Inc.
  • 475 Reed Road
  • Dalton
  • Georgia
  • 30720
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DXYNNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDJan 1975
DX6DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1975

Biography

The Dixie Group, Inc. manufactures, markets, and sells floorcovering products for residential and commercial applications primarily in the United States. It offers residential carpets and custom rugs, specialty carpets and rugs, residential tufted broadloom and rugs, and broadloom and modular carpet tiles. The company sells its products under the Fabrica, Masland Residential, Dixie Home, Atlas|Masland Contract, and Masland Hospitality brands. It serves interior decorators and designers, retailers and furniture stores, luxury home builders, manufacturers of luxury motor coaches and yachts, and home centers, as well as architectural and specified design community, and hospitality markets. The company was founded in 1920 and is based in Dalton, Georgia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 00:52
End of Day Share Price2020/02/21 00:00
Earnings2019/09/28
Annual Earnings2018/12/29


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.