AMCON Distributing
Market Cap
US$39.0m
Last Updated
2020/10/29 00:32 UTC
Data Sources
Company Financials
Executive Summary
AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Mid-South regions of the United States. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Fair value with mediocre balance sheet.
Similar Companies
Share Price & News
How has AMCON Distributing's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DIT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.5%
DIT
-4.2%
US Retail Distributors
-4.6%
US Market
1 Year Return
-5.5%
DIT
8.1%
US Retail Distributors
11.5%
US Market
Return vs Industry: DIT underperformed the US Retail Distributors industry which returned 8.1% over the past year.
Return vs Market: DIT underperformed the US Market which returned 11.5% over the past year.
Shareholder returns
| DIT | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.5% | -4.2% | -4.6% |
| 30 Day | 9.2% | 5.0% | -0.9% |
| 90 Day | 0.4% | 6.6% | 2.2% |
| 1 Year | -4.1%-5.5% | 9.8%8.1% | 14.0%11.5% |
| 3 Year | -20.8%-23.7% | 30.0%24.3% | 34.5%25.6% |
| 5 Year | -13.3%-18.1% | 30.4%21.7% | 73.0%53.6% |
Price Volatility Vs. Market
How volatile is AMCON Distributing's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Should We Be Excited About The Trends Of Returns At AMCON Distributing (NYSEMKT:DIT)?1 month ago | Simply Wall St
How Does AMCON Distributing Company (NYSEMKT:DIT) Fare As A Dividend Stock?1 month ago | Simply Wall St
Here's What We Think About AMCON Distributing's (NYSEMKT:DIT) CEO PayValuation
Is AMCON Distributing undervalued compared to its fair value and its price relative to the market?
15.62x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DIT ($69) is trading above our estimate of fair value ($14.39)
Significantly Below Fair Value: DIT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DIT is good value based on its PE Ratio (15.6x) compared to the US Retail Distributors industry average (20.8x).
PE vs Market: DIT is good value based on its PE Ratio (15.6x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DIT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DIT is good value based on its PB Ratio (0.6x) compared to the US Retail Distributors industry average (3.1x).
Next Steps
Future Growth
How is AMCON Distributing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
22.6%
Forecasted Retail 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 AMCON Distributing 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
- Examine whether AMCON Distributing is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- AMCON Distributing competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
Past Performance
How has AMCON Distributing performed over the past 5 years?
-19.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DIT has a large one-off loss of $2.9M impacting its June 30 2020 financial results.
Growing Profit Margin: DIT's current net profit margins (0.2%) are lower than last year (0.4%).
Past Earnings Growth Analysis
Earnings Trend: DIT's earnings have declined by 19% per year over the past 5 years.
Accelerating Growth: DIT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DIT had negative earnings growth (-43.6%) over the past year, making it difficult to compare to the Retail Distributors industry average (9.3%).
Return on Equity
High ROE: DIT's Return on Equity (3.9%) is considered low.
Next Steps
Financial Health
How is AMCON Distributing's financial position?
Financial Position Analysis
Short Term Liabilities: DIT's short term assets ($123.5M) exceed its short term liabilities ($37.3M).
Long Term Liabilities: DIT's short term assets ($123.5M) exceed its long term liabilities ($75.7M).
Debt to Equity History and Analysis
Debt Level: DIT's debt to equity ratio (93.2%) is considered high.
Reducing Debt: DIT's debt to equity ratio has increased from 28.8% to 93.2% over the past 5 years.
Debt Coverage: DIT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DIT's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
Next Steps
Dividend
What is AMCON Distributing current dividend yield, its reliability and sustainability?
1.45%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DIT's dividend (1.45%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.71%).
High Dividend: DIT's dividend (1.45%) is low compared to the top 25% of dividend payers in the US market (4.86%).
Stability and Growth of Payments
Stable Dividend: DIT's dividends per share have been stable in the past 10 years.
Growing Dividend: DIT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.3%), DIT's dividend payments are well covered by earnings.
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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Chris Atayan (60 yo)
14yrs
Tenure
US$2,017,343
Compensation
Mr. Christopher H. Atayan, also known as Chris, has been the Chief Executive Officer of AMCON Distributing Co. since October 2006. Mr. Atayan serves as a Consultant of Draupnir, LLC. He served as the Chief ...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD2.02M) is above average for companies of similar size in the US market ($USD593.13K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 14yrs | US$2.02m | 62.64% $ 24.4m | |
| President | 2yrs | US$678.06k | 4.06% $ 1.6m | |
| VP, Corporate Controller & Secretary | 2yrs | US$272.89k | 0.14% $ 52.9k | |
| Senior Vice President of Planning & Compliance | 13.75yrs | US$406.17k | no data | |
| Consultant | 2yrs | US$609.34k | no data |
2.0yrs
Average Tenure
58yo
Average Age
Experienced Management: DIT's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 14yrs | US$2.02m | 62.64% $ 24.4m | |
| President | 2yrs | US$678.06k | 4.06% $ 1.6m | |
| Independent Director | 18.42yrs | US$50.00k | 0.41% $ 158.4k | |
| Independent Lead Director | 12.75yrs | US$100.00k | 0.22% $ 86.2k | |
| Independent Director | 18.58yrs | US$50.00k | 0.47% $ 184.0k | |
| Independent Director | 17.08yrs | US$60.00k | 0.55% $ 215.0k | |
| Independent Director | 14.58yrs | US$45.00k | 0.32% $ 126.5k |
14.6yrs
Average Tenure
60yo
Average Age
Experienced Board: DIT's board of directors are seasoned and experienced ( 14.6 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
AMCON Distributing Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: AMCON Distributing Company
- Ticker: DIT
- Exchange: AMEX
- Founded: 1981
- Industry: Distributors
- Sector: Retail
- Market Cap: US$38.977m
- Shares outstanding: 564.88k
- Website: https://www.amcon.com
Number of Employees
Location
- AMCON Distributing Company
- 7405 Irvington Road
- Omaha
- Nebraska
- 68122
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DIT | AMEX (NYSE MKT LLC) | Yes | Common Stock | US | USD | Aug 1995 |
Biography
AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Mid-South regions of the United States. It operate ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/29 00:32 |
| End of Day Share Price | 2020/10/28 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/09/30 |
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.