ARCA:DBO

Stock Analysis Report

Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund

Executive Summary

Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund is an exchange traded fund launched by Invesco Ltd.


Snowflake Analysis

Share Price & News

How has Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

2.5%

DBO

1.7%

US Capital Markets

1.5%

US Market


1 Year Return

-11.6%

DBO

19.0%

US Capital Markets

20.1%

US Market

Return vs Industry: DBO underperformed the US Capital Markets industry which returned 19% over the past year.

Return vs Market: DBO underperformed the US Market which returned 20.1% over the past year.


Shareholder returns

DBOIndustryMarket
7 Day2.5%1.7%1.5%
30 Day-11.9%0.5%1.4%
90 Day-7.2%8.6%8.7%
1 Year-10.1%-11.6%21.4%19.0%22.7%20.1%
3 Year1.6%-1.6%40.0%32.1%50.1%40.5%
5 Year-34.4%-36.5%83.6%66.5%73.1%54.1%

Price Volatility Vs. Market

How volatile is Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund undervalued compared to its fair value and its price relative to the market?

0.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DBO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DBO's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DBO is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

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


Price to Book Ratio

PB vs Industry: DBO is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (6.7x).

Future Growth

How is Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.4%

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 Multi-Sector Commodity Trust - Invesco DB Oil 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.

Past Performance

How has Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund performed over the past 5 years?

38.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DBO is currently unprofitable.

Growing Profit Margin: DBO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DBO is unprofitable, but has reduced losses over the past 5 years at a rate of 38.6% per year.

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

Earnings vs Industry: DBO is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).


Return on Equity

High ROE: DBO has a negative Return on Equity (-46.97%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed

Financial Health

How is Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: DBO has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if DBO'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 DBO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: DBO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -0.7% per year.


Financial Institutions Analysis

Asset Level: DBO's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if DBO has a sufficient allowance for bad loans.

Low Risk Liabilities: DBO reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if DBO has an acceptable proportion of non-loan assets held.

Low Risk Deposits: DBO has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if DBO has an appropriate level of bad loans.

Dividend

What is Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund's current dividend yield, its reliability and sustainability?

1.48%

Current Dividend Yield


Dividend Yield vs Market

company1.5%marketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: DBO's dividend (1.48%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: DBO's dividend (1.48%) is low compared to the top 25% of dividend payers in the US market (3.69%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether DBO's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if DBO's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: DBO 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.

Management

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


CEO

Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund has no CEO, or we have no data on them.


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

Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund
  • 60 Wall Street
  • New York
  • New York
  • 10005
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DBOARCA (NYSE Arca)YesRedeemable SharesUSUSDJan 2007
DBO *BMV (Bolsa Mexicana de Valores)YesRedeemable SharesMXMXNJan 2007
P44DDUSE (Dusseldorf Stock Exchange)YesRedeemable SharesDEEURJan 2007

Biography

Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund is an exchange traded fund launched by Invesco Ltd. The fund is co-managed by Invesco Capital Management LLC and DB Commodity Services LLC. It invests in the commodity markets. The fund uses futures contracts to invest in light sweet crude oil. It seeks to track the performance of the DBIQ Optimum Yield Crude Oil Index Excess Return. The fund was formerly known as PowerShares DB Multi-Sector Commodity Trust - PowerShares DB Oil Fund. Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund was formed on January 5, 2007 and is domiciled in the United States. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 00:03
End of Day Share Price2020/02/14 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.