DMC Global (NasdaqGS:BOOM) - Share price, News & Analysis

BOOM fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	5/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

BOOM Stock Overview

DMC Global Inc. provides a suite of technical products for the energy, industrial, and infrastructure markets worldwide.

Rewards

Earnings are forecast to grow 112.96% per year

Became profitable this year

Risk Analysis

Large one-off items impacting financial results

Shareholders have been diluted in the past year

DMC Global Competitors

Asahi Kasei

TSE:3407

JP¥1.5t

Brooks Automation

NasdaqGS:BRKS

US$8.3b

AAON

NasdaqGS:AAON

US$4.1b

Advanced Energy Industries

NasdaqGS:AEIS

US$3.3b

Price History & Performance

Summary of all time highs, changes and price drops for DMC Global
Historical stock prices
Current Share Price	US$36.50
52 Week High	US$70.00
52 Week Low	US$35.50
Beta	1.16
1 Month Change	-12.64%
3 Month Change	-10.91%
1 Year Change	-12.85%
3 Year Change	2.44%
5 Year Change	121.21%
Change since IPO	2,146.15%

Recent News & Updates

Jul 26

DMC Global Is Set To Grow After Kicking A Pricing Hike

BOOM is about to increase pricing for all products in the DynaEnergetics segment, which will help expand operating margin in 2H 2021. Increased drilling and completion activity can continue to boost the top line. However, steep pricing competition and lower-cost products from peers can curtail its market share growth target. With no debt and a strong cash balance, the balance sheet is strong.

Shareholder Returns

	BOOM	US Energy Services	US Market
7D	-7.2%	-1.0%	-0.9%
1Y	-12.8%	32.9%	23.3%

Return vs Industry: BOOM underperformed the US Energy Services industry which returned 32.9% over the past year.

Return vs Market: BOOM underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is BOOM's price volatile compared to industry and market?
BOOM volatility
BOOM Average Weekly Movement	7.3%
Energy Services Industry Average Movement	7.5%
Market Average Movement	6.0%
10% most volatile stocks in US Market	15.0%
10% least volatile stocks in US Market	2.3%

Stable Share Price: BOOM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: BOOM's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1965	531	Kevin Longe	https://www.dmcglobal.com

DMC Global Inc. provides a suite of technical products for the energy, industrial, and infrastructure markets worldwide. The company operates in two segments, NobelClad and DynaEnergetics. Its NobelClad segment produces and sells explosion-welded clad metal plates for use in the construction of heavy, corrosion resistant pressure vessels, and heat exchangers for oil and gas, chemical and petrochemical, alternative energy, hydrometallurgy, aluminum production, shipbuilding, power generation, and industrial refrigeration industries.

DMC Global Fundamentals Summary

How do DMC Global's earnings and revenue compare to its market cap?
BOOM fundamental statistics
Market Cap	US$683.46m
Earnings (TTM)	US$1.61m
Revenue (TTM)	US$245.38m

425.3x

P/E Ratio

2.8x

P/S Ratio

Is BOOM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BOOM income statement (TTM)
Revenue	US$245.38m
Cost of Revenue	US$190.79m
Gross Profit	US$54.60m
Expenses	US$52.99m
Earnings	US$1.61m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.086
Gross Margin	22.25%
Net Profit Margin	0.65%
Debt/Equity Ratio	0%

How did BOOM perform over the long term?

See historical performance and comparison

Valuation

Is DMC Global undervalued compared to its fair value and its price relative to the market?

425.31x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: BOOM ($37.04) is trading above our estimate of fair value ($5.32)

Significantly Below Fair Value: BOOM is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: BOOM is poor value based on its PE Ratio (431.6x) compared to the US Energy Services industry average (30.5x).

PE vs Market: BOOM is poor value based on its PE Ratio (431.6x) compared to the US market (17.1x).

Price to Earnings Growth Ratio

PEG Ratio: BOOM is poor value based on its PEG Ratio (3.8x)

Price to Book Ratio

PB vs Industry: BOOM is overvalued based on its PB Ratio (2x) compared to the US Energy Services industry average (1x).

Future Growth

How is DMC Global forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

113.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOOM's forecast earnings growth (113% per year) is above the savings rate (2%).

Earnings vs Market: BOOM's earnings (113% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BOOM's revenue (22.1% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: BOOM's revenue (22.1% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if BOOM's Return on Equity is forecast to be high in 3 years time

Past Performance

How has DMC Global performed over the past 5 years?

27.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BOOM has a large one-off gain of $6.6M impacting its September 30 2021 financial results.

Growing Profit Margin: BOOM became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: BOOM has become profitable over the past 5 years, growing earnings by 27.4% per year.

Accelerating Growth: BOOM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BOOM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (-3.2%).

Return on Equity

High ROE: BOOM's Return on Equity (0.5%) is considered low.

Financial Health

How is DMC Global's financial position?

Financial Position Analysis

Short Term Liabilities: BOOM's short term assets ($293.4M) exceed its short term liabilities ($60.0M).

Long Term Liabilities: BOOM's short term assets ($293.4M) exceed its long term liabilities ($31.5M).

Debt to Equity History and Analysis

Debt Level: BOOM is debt free.

Reducing Debt: BOOM has no debt compared to 5 years ago when its debt to equity ratio was 11.9%.

Debt Coverage: BOOM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BOOM has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is DMC Global current dividend yield, its reliability and sustainability?

0.68%

Forecast Dividend Yield

Dividend Yield vs Market

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

High Dividend: Unable to evaluate BOOM'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 BOOM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BOOM's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: BOOM is not paying a notable dividend for the US market.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BOOM's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Next Steps

Explore strong dividend paying companies in the Energy industry.

Management

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

7.7yrs

Average management tenure

CEO

Kevin Longe (62 yo)

8.67yrs

Tenure

US$3,185,655

Compensation

Mr. Kevin T. Longe has been the Chief Executive Officer and President of DMC Global Inc. (formerly Dynamic Materials Corporation) since March 1, 2013. Mr. Longe served as the Chief Operating Officer and Ex...

CEO Compensation Analysis

Compensation vs Market: Kevin's total compensation ($USD3.19M) is above average for companies of similar size in the US market ($USD2.31M).

Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: BOOM's management team is seasoned and experienced (7.7 years average tenure).

Board Members

Experienced Board: BOOM's board of directors are considered experienced (4.3 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.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.7%.

Data	Last Updated (UTC time)
Company Analysis	2021/11/30 23:53
End of Day Share Price	2021/11/30 00:00
Earnings	2021/09/30
Annual Earnings	2020/12/31

Market Cap

7D

1Y

Updated

Data