Invesco DB Commodity Index Tracking Fund is an exchange traded fund launched by Invesco Ltd.
Share Price & News
How has Invesco DB Commodity Index Tracking Fund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DBC has not had significant price volatility in the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: DBC underperformed the US Capital Markets industry which returned 15.4% over the past year.
Return vs Market: DBC underperformed the US Market which returned 17.8% over the past year.
Price Volatility Vs. Market
How volatile is Invesco DB Commodity Index Tracking Fund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Invesco DB Commodity Index Tracking Fund undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate DBC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DBC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DBC is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.
PE vs Market: DBC 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 DBC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DBC is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (6.6x).
How is Invesco DB Commodity Index Tracking Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Invesco DB Commodity Index Tracking Fund 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.
How has Invesco DB Commodity Index Tracking Fund performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DBC is currently unprofitable.
Growing Profit Margin: DBC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DBC is unprofitable, but has reduced losses over the past 5 years at a rate of 54.4% per year.
Accelerating Growth: Unable to compare DBC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DBC is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).
Return on Equity
High ROE: DBC has a negative Return on Equity (-26.1%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Invesco DB Commodity Index Tracking Fund's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: DBC has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if DBC's debt is covered by short term assets.
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 DBC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DBC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -1.2% per year.
Financial Institutions Analysis
Asset Level: DBC's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if DBC has a sufficient allowance for bad loans.
Low Risk Liabilities: DBC reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if DBC has an acceptable proportion of non-loan assets held.
Low Risk Deposits: DBC has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if DBC has an appropriate level of bad loans.
What is Invesco DB Commodity Index Tracking Fund's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: DBC's dividend (1.29%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: DBC's dividend (1.29%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether DBC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DBC's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: DBC is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Invesco DB Commodity Index Tracking Fund has no CEO, or we have no data on them.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Invesco DB Commodity Index Tracking Fund's company bio, employee growth, exchange listings and data sources
- Name: Invesco DB Commodity Index Tracking Fund
- Ticker: DBC
- Exchange: ARCA
- Founded: 2005
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$1.357b
- Shares outstanding: 93.60m
- Website: https://www.invesco.com/portal/site/us/financial-professional/etfs/product-detail?productId=DBC
- Invesco DB Commodity Index Tracking Fund
- 3500 Lacey Road
- Suite 700
- Downers Grove
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DBC||ARCA (NYSE Arca)||Yes||Redeemable Shares||US||USD||Feb 2006|
|DBC *||BMV (Bolsa Mexicana de Valores)||Yes||Redeemable Shares||MX||MXN||Feb 2006|
Invesco DB Commodity Index Tracking Fund is an exchange traded fund launched by Invesco Ltd. The fund is managed by Invesco PowerShares Capital Management LLC. It invests in the commodity markets. The fund uses futures contracts to invest in commodities like Light Sweet Crude Oil (WTI), Heating Oil, RBOB Gasoline, Natural Gas, Brent Crude, Gold, Silver, Aluminum, Zinc, Copper Grade A, Corn, Wheat, Soybeans, and Sugar. It seeks to replicate the performance of the DBIQ Optimum Yield Diversified Commodity Index Excess Return. The fund was formerly known as PowerShares DB Commodity Index Tracking Fund. Invesco DB Commodity Index Tracking Fund was formed on May 23, 2005 and is domiciled in the United States.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 00:30|
|End of Day Share Price||2020/02/24 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.