AMCON Distributing
AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Southern regions of the United States. The last earnings update was 58 days ago. More info.
Add to Portfolio Compare Print
DIT Share Price and Events
7 Day Returns
1 Year Returns
DIT Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| AMCON Distributing (DIT) | -0.1% | 4.9% | 7.7% | -2.7% | 11.8% | 3.9% |
| US Retail Distributors | 1% | 3.9% | 10.8% | 1.8% | -11% | 35.7% |
| US Market | 2.9% | 2.5% | 10% | 1.4% | 38.3% | 42% |
1 Year Return vs Industry and Market
- DIT underperformed the Retail Distributors industry which returned 1.8% over the past year.
- DIT underperformed the Market in United States of America which returned 1.4% over the past year.
DIT Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
AMCON Distributing
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for AMCON Distributing.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 9.6% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Retail Distributors Unlevered Beta | Simply Wall St/ S&P Global | 0.88 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.885 (1 + (1- 21%) (48.75%)) |
1.151 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.15 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.151 * 5.96%) |
9.59% |
Discounted Cash Flow Calculation for AMEX:DIT using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for AMCON Distributing is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 9.59%) |
|
|---|---|---|---|
| 2019 | 0.25 | Est @ -63.77% | 0.23 |
| 2020 | 0.14 | Est @ -43.82% | 0.12 |
| 2021 | 0.10 | Est @ -29.85% | 0.08 |
| 2022 | 0.08 | Est @ -20.08% | 0.05 |
| 2023 | 0.07 | Est @ -13.24% | 0.04 |
| 2024 | 0.06 | Est @ -8.45% | 0.04 |
| 2025 | 0.06 | Est @ -5.09% | 0.03 |
| 2026 | 0.06 | Est @ -2.75% | 0.03 |
| 2027 | 0.06 | Est @ -1.1% | 0.03 |
| 2028 | 0.06 | Est @ 0.05% | 0.02 |
| Present value of next 10 years cash flows | $0.66 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $0.06 × (1 + 2.73%) ÷ (9.59% – 2.73%) |
$0.86 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $0.86 ÷ (1 + 9.59%)10 |
$0.34 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $0.66 + $0.34 |
$1.01 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $1.01 / 0.62 |
$1.63 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $1.63 |
| Current discount | Discount to share price of
$92.50
= -1 x ($92.50 - $1.63) / $1.63 |
-5568.9% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of AMCON Distributing is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for AMCON Distributing's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
AMCON Distributing's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $5.25 |
| AMEX:DIT Share Price ** | AMEX (2019-03-15) in USD | $92.5 |
| United States of America Retail Distributors Industry PE Ratio | Median Figure of 11 Publicly-Listed Retail Distributors Companies | 18.08x |
| United States of America Market PE Ratio | Median Figure of 3,054 Publicly-Listed Companies | 17.61x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of AMCON Distributing.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = AMEX:DIT Share Price ÷ EPS (both in USD) = 92.5 ÷ 5.25 |
17.61x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- AMCON Distributing is good value based on earnings compared to the US Retail Distributors industry average.
- AMCON Distributing is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
AMCON Distributing's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 17.61x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
33.9%per year |
| United States of America Retail Distributors Industry PEG Ratio | Median Figure of 5 Publicly-Listed Retail Distributors Companies | 2.89x |
| United States of America Market PEG Ratio | Median Figure of 2,109 Publicly-Listed Companies | 1.47x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for AMCON Distributing, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
AMCON Distributing's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $106.39 |
| AMEX:DIT Share Price * | AMEX (2019-03-15) in USD | $92.5 |
| United States of America Retail Distributors Industry PB Ratio | Median Figure of 18 Publicly-Listed Retail Distributors Companies | 2.17x |
| United States of America Market PB Ratio | Median Figure of 5,152 Publicly-Listed Companies | 1.87x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = AMEX:DIT Share Price ÷ Book Value per Share (both in USD) = 92.5 ÷ 106.39 |
0.87x |
* Primary Listing of AMCON Distributing.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- AMCON Distributing is good value based on assets compared to the US Retail Distributors industry average.
Value checks
We assess AMCON Distributing's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Retail Distributors industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Retail Distributors industry average (and greater than 0)? (1 check) AMCON Distributing has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
DIT Future Performance
- No analysts cover AMCON Distributing, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- AMCON Distributing's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- AMCON Distributing's earnings growth is expected to exceed the United States of America market average.
- Unable to compare AMCON Distributing's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| AMEX:DIT Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 33.9% |
| United States of America Retail Distributors Industry Earnings Growth Rate | Market Cap Weighted Average | 10.8% |
| United States of America Retail Distributors Industry Revenue Growth Rate | Market Cap Weighted Average | 5.1% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 979 | 3 | 3 |
| 2018-09-30 | 954 | 6 | 4 |
| 2018-06-30 | 933 | 2 | 4 |
| 2018-03-31 | 918 | -20 | 3 |
| 2017-12-31 | 914 | 1 | 3 |
| 2017-09-30 | 906 | -14 | 3 |
| 2017-06-30 | 907 | 8 | 4 |
| 2017-03-31 | 904 | 19 | 5 |
| 2016-12-31 | 903 | 8 | 6 |
| 2016-09-30 | 909 | 18 | 6 |
| 2016-06-30 | 907 | 8 | 6 |
| 2016-03-31 | 905 | 20 | 6 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from AMCON Distributing Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 5.25 |
| 2018-09-30 | 5.47 |
| 2018-06-30 | 5.37 |
| 2018-03-31 | 4.73 |
| 2017-12-31 | 4.97 |
| 2017-09-30 | 4.34 |
| 2017-06-30 | 5.24 |
| 2017-03-31 | 7.57 |
| 2016-12-31 | 8.75 |
| 2016-09-30 | 9.37 |
| 2016-06-30 | 10.09 |
| 2016-03-31 | 10.24 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if AMCON Distributing will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess AMCON Distributing's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
AMCON Distributing has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
DIT Past Performance
How has AMCON Distributing performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- AMCON Distributing's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- AMCON Distributing's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- AMCON Distributing's 1-year earnings growth is negative, it can't be compared to the US Retail Distributors industry average.
Earnings and Revenue History
All data from AMCON Distributing Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 978.73 | 3.38 | 68.38 | |
| 2018-09-30 | 953.91 | 3.61 | 66.78 | |
| 2018-06-30 | 932.85 | 3.63 | 65.05 | |
| 2018-03-31 | 917.75 | 3.23 | 64.63 | |
| 2017-12-31 | 913.99 | 3.38 | 64.83 | |
| 2017-09-30 | 906.18 | 2.95 | 64.17 | |
| 2017-06-30 | 906.76 | 3.53 | 63.89 | |
| 2017-03-31 | 903.52 | 4.95 | 62.64 | |
| 2016-12-31 | 902.92 | 5.56 | 61.59 | |
| 2016-09-30 | 908.53 | 5.82 | 61.73 | |
| 2016-06-30 | 906.58 | 6.21 | 61.65 | |
| 2016-03-31 | 905.04 | 6.35 | 61.72 | |
| 2015-12-31 | 897.23 | 5.98 | 62.43 | |
| 2015-09-30 | 891.06 | 6.17 | 62.77 | |
| 2015-06-30 | 883.19 | 6.00 | 63.20 | |
| 2015-03-31 | 872.49 | 5.26 | 64.09 | |
| 2014-12-31 | 859.16 | 5.02 | 64.41 | |
| 2014-09-30 | 848.96 | 4.76 | 64.72 | |
| 2014-06-30 | 834.43 | 4.43 | 65.13 | |
| 2014-03-31 | 828.01 | 4.81 | 64.90 | |
| 2013-12-31 | 828.76 | 5.49 | 64.52 | |
| 2013-09-30 | 824.65 | 5.65 | 63.88 | |
| 2013-06-30 | 816.48 | 6.70 | 63.51 | |
| 2013-03-31 | 811.66 | 6.90 | 63.29 | |
| 2012-12-31 | 814.02 | 7.13 | 63.75 | |
| 2012-09-30 | 802.87 | 7.10 | 63.25 | |
| 2012-06-30 | 807.55 | 7.30 | 63.09 | |
| 2012-03-31 | 774.36 | 7.28 | 61.03 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- AMCON Distributing has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- AMCON Distributing used its assets less efficiently than the US Retail Distributors industry average last year based on Return on Assets.
- AMCON Distributing's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess AMCON Distributing's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Retail Distributors industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
AMCON Distributing has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
DIT Health
How is AMCON Distributing's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up AMCON Distributing's finances.
The net worth of a company is the difference between its assets and liabilities.
- AMCON Distributing is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- AMCON Distributing's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 3.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from AMCON Distributing Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 65.67 | 27.83 | 0.82 |
| 2018-09-30 | 64.60 | 40.18 | 0.52 |
| 2018-06-30 | 63.70 | 23.23 | 0.28 |
| 2018-03-31 | 70.10 | 33.39 | 0.56 |
| 2017-12-31 | 70.49 | 15.57 | 0.57 |
| 2017-09-30 | 68.17 | 32.06 | 0.52 |
| 2017-06-30 | 67.33 | 13.44 | 0.12 |
| 2017-03-31 | 67.05 | 8.31 | 0.25 |
| 2016-12-31 | 66.70 | 13.10 | 0.33 |
| 2016-09-30 | 65.75 | 13.92 | 0.61 |
| 2016-06-30 | 65.07 | 17.18 | 0.41 |
| 2016-03-31 | 64.90 | 21.17 | 0.32 |
| 2015-12-31 | 64.29 | 14.80 | 0.34 |
| 2015-09-30 | 64.26 | 24.64 | 0.22 |
| 2015-06-30 | 63.31 | 18.13 | 0.15 |
| 2015-03-31 | 61.50 | 35.87 | 0.19 |
| 2014-12-31 | 60.87 | 24.81 | 0.17 |
| 2014-09-30 | 58.34 | 19.16 | 0.10 |
| 2014-06-30 | 56.65 | 25.32 | 0.33 |
| 2014-03-31 | 56.26 | 24.24 | 0.40 |
| 2013-12-31 | 55.93 | 33.52 | 0.33 |
| 2013-09-30 | 55.64 | 19.92 | 0.28 |
| 2013-06-30 | 54.24 | 33.43 | 0.18 |
| 2013-03-31 | 52.76 | 23.40 | 0.43 |
| 2012-12-31 | 51.69 | 36.35 | 0.03 |
| 2012-09-30 | 52.41 | 20.61 | 0.49 |
| 2012-06-30 | 49.96 | 36.64 | 0.57 |
| 2012-03-31 | 48.29 | 26.15 | 0.85 |
- AMCON Distributing's level of debt (42.4%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (59.8% vs 42.4% today).
- Debt is not well covered by operating cash flow (12.5%, less than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 6.5x coverage).
Financial health checks
We assess AMCON Distributing's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) AMCON Distributing has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
DIT Dividends
What is AMCON Distributing's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
AMCON Distributing
shares you are expected to receive
$22
in your first year as a dividend.
Dividend Amount
- AMCON Distributing's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
- AMCON Distributing's dividend is below the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| United States of America Retail Distributors Industry Average Dividend Yield | Market Cap Weighted Average of 6 Stocks | 2.3% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2005 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-12-21 | 1.000 | 1.078 |
| 2018-10-23 | 1.000 | 1.202 |
| 2018-07-25 | 1.000 | 1.170 |
| 2018-04-24 | 1.000 | 1.124 |
| 2017-12-22 | 1.000 | 1.104 |
| 2017-10-25 | 1.000 | 1.115 |
| 2017-07-25 | 1.000 | 1.083 |
| 2017-04-26 | 1.000 | 0.975 |
| 2016-12-22 | 1.000 | 0.972 |
| 2016-07-27 | 0.720 | 0.781 |
| 2016-04-27 | 0.720 | 0.822 |
| 2015-12-22 | 0.720 | 0.913 |
| 2015-10-22 | 0.720 | 0.888 |
| 2015-07-23 | 0.720 | 0.869 |
| 2015-04-27 | 0.720 | 0.889 |
| 2015-01-28 | 0.720 | 0.890 |
| 2014-10-22 | 0.720 | 0.886 |
| 2014-07-22 | 0.720 | 0.872 |
| 2014-04-22 | 0.720 | 0.891 |
| 2014-01-29 | 0.720 | 0.822 |
| 2013-10-23 | 0.720 | 0.910 |
| 2013-07-23 | 0.720 | 0.892 |
| 2013-04-23 | 0.720 | 0.951 |
| 2013-01-23 | 0.720 | 0.961 |
| 2012-10-31 | 0.720 | 1.113 |
| 2012-07-25 | 0.720 | 1.100 |
| 2012-04-25 | 0.720 | 1.181 |
| 2012-01-24 | 0.720 | 1.141 |
| 2011-10-27 | 0.720 | 1.159 |
| 2011-08-05 | 0.720 | 1.270 |
| 2011-04-28 | 0.720 | 1.057 |
| 2011-01-27 | 0.720 | 0.918 |
| 2010-11-02 | 0.720 | 0.957 |
| 2010-07-23 | 0.720 | 1.163 |
| 2010-05-03 | 0.720 | 1.382 |
| 2010-01-28 | 0.720 | 1.278 |
| 2009-10-29 | 0.720 | 1.056 |
| 2009-07-23 | 0.400 | 0.679 |
| 2009-04-24 | 0.400 | 1.033 |
| 2009-03-18 | 0.400 | 1.442 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Income/ dividend checks
We assess AMCON Distributing's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can AMCON Distributing afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) AMCON Distributing has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
DIT Management
CEO
| COMPENSATION | $2,125,190 |
| AGE | 58 |
| TENURE AS CEO | 12.4 years |
CEO Bio
Mr. Christopher H. Atayan, also known as Chris, has been the Chief Executive Officer of AMCON Distributing Co. since October 4, 2006. Mr. Atayan serves as a Consultant of Draupnir, LLC. He served as the Chief Corporate Officer of AMCON Distributing Co from March 2006 to September 2006. Mr. Atayan served as Senior Managing Director of Slusser & Associates, Inc. since 1988. He serves as Chairman of Hotlink Incorporated. He has been the Chairman at AMCON Distributing Co. since January 2008 and served as its Vice Chairman from March 2006 to January 2008. He has been a Director of AMCON Distributing Co. since 2004.
CEO Compensation
- Chris's compensation has been consistent with company performance over the past year.
- Chris's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the AMCON Distributing management team in years:
- The average tenure for the AMCON Distributing management team is less than 2 years, this suggests a new team.
Management Team
Chris Atayan
Chairman & CEO
$2M
58
12.4 yrs
Andy Plummer
President
$667K
44
0.4 yrs
Kathleen Evans
Consultant
$609K
71
0.4 yrs
Philip Campbell
Senior Vice President of Planning & Compliance
$406K
56
12.2 yrs
Chuck Schmaderer
VP, Corporate Controller & Secretary
49
0.4 yrs
Board of Directors Tenure
Average tenure and age of the AMCON Distributing board of directors in years:
- The average tenure for the AMCON Distributing board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Chris Atayan
Chairman & CEO
$2M
58
11.2 yrs
Andy Plummer
President
$667K
44
0.4 yrs
Raymond Bentele
Director
$67K
81
16.8 yrs
John Loyack
Director
$77K
55
15.5 yrs
Tim Pestotnik
Lead Director
$117K
58
11.2 yrs
Stanley Mayer
Director
$67K
73
17 yrs
Jeremy Hobbs
Director
$62K
57
13 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 13. Mar 19 | Sell | Kathleen Evans | Individual | 12. Mar 19 | 12. Mar 19 | -24,457 | $92.50 | $-2,262,273 | ||
Management checks
We assess AMCON Distributing's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) AMCON Distributing has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
DIT News
Simply Wall St News
What Kind Of Shareholder Owns Most AMCON Distributing Company (NYSEMKT:DIT) Stock?
If you want to know who really controls AMCON Distributing Company (NYSEMKT:DIT), then you'll have to look at the makeup of its share registry. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … AMCON Distributing is not a large company by global standards.
Simply Wall St - – Full articleWant To Invest In AMCON Distributing Company (NYSEMKT:DIT)? Here's How It Performed Lately
After looking at AMCON Distributing Company's (NYSEMKT:DIT) latest earnings update (31 December 2018), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … Have DIT's earnings improved against past performances and the industry. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of -9.2%, indicating the rate at which DIT is growing has slowed down
Simply Wall St - – Full articleIs AMCON Distributing Company's (NYSEMKT:DIT) CEO Being Overpaid?
Chris Atayan became the CEO of AMCON Distributing Company (NYSEMKT:DIT) in 2006. … This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Chris Atayan's Compensation Compare With Similar Sized Companies?
Simply Wall St - – Full articleWhat You Must Know About AMCON Distributing Company's (NYSEMKT:DIT) Financial Strength
While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.
Simply Wall St - – Full articleShareholders Should Look Hard At AMCON Distributing Company’s (NYSEMKT:DIT) 7.4% Return On Capital
To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Simply Wall St - – Full articleHere's What AMCON Distributing Company's (NYSEMKT:DIT) P/E Ratio Is Telling Us
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … AMCON Distributing has a price to earnings ratio of 14.93, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleWhat Percentage Of AMCON Distributing Company (NYSEMKT:DIT) Shares Do Insiders Own?
Every investor in AMCON Distributing Company (NYSEMKT:DIT) should be aware of the most powerful shareholder groups. … With a market capitalization of US$52m, AMCON Distributing is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for AMCON Distributing
Simply Wall St - – Full articleWhere AMCON Distributing Company (NYSEMKT:DIT) Stands In Terms Of Earnings Growth Against Its Industry
Below, I will assess AMCON Distributing Company's (NYSEMKT:DIT) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … See our latest analysis for AMCON Distributing. … Furthermore, this one-year growth rate has exceeded its 5-year annual growth average of -8.3%, indicating the rate at which DIT is growing has accelerated
Simply Wall St - – Full articleWhat Investors Should Know About AMCON Distributing Company's (NYSEMKT:DIT) Financial Strength
While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.
Simply Wall St - – Full articleWho Owns Most Of AMCON Distributing Company (NYSEMKT:DIT)?
Today, I will be analyzing AMCON Distributing Company’s (NYSEMKT:DIT) recent ownership structure, an important but not-so-popular subject among individual investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … AMEX:DIT Ownership Summary August 16th 18
Simply Wall St - – Full articleDIT Company Info
Description
AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Southern regions of the United States. It operates through two segments, Wholesale Distribution and Retail Health Food. The Wholesale Distribution segment distributes consumer products, including cigarettes and tobacco products, candy and other confectionery, beverages, groceries, paper products, health and beauty care products, frozen and chilled products, and institutional foodservice products. It serves retailers, such as convenience stores, discount and general merchandise stores, grocery stores, drug stores, and gas stations; and institutional customers comprising restaurants and bars, schools, and sports complexes, as well as other wholesalers. This segment also markets private label lines of water, candy products, batteries, and other products. The Retail Health Food segment is involved in the retail of natural, organic, and specialty foods consisting of produce, baked goods, frozen foods, nutritional supplements, personal care items, and general merchandise. As of November 8, 2018, it operated 22 retail health food stores, including 7 stores under the name of Chamberlin’s Market & Café in Florida; 7 stores under the name of Akin’s Natural Foods Market in Arkansas, Missouri, and Oklahoma; and 8 stores under the name of Earth Origins Market in Florida. AMCON Distributing Company was founded in 1981 and is headquartered in Omaha, Nebraska.
Details
| Name: | AMCON Distributing Company |
| DIT | |
| Exchange: | AMEX |
| Founded: | 1981 |
| $57,099,787 | |
| 617,295 | |
| Website: | http://www.amcon.com |
| Address: |
AMCON Distributing Company 7405 Irvington Road, Omaha, Nebraska, 68122, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| AMEX | DIT | Common Stock | NYSE MKT LLC | US | USD | 04. Aug 1995 |
Number of employees
Current staff
Industry
| Distributors | |
| Retail |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/17 23:32 |
| End of day share price update: | 2019/03/15 00:00 |
| Last earnings filing: | 2019/01/18 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/09/30 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
