AMCON Distributing
Market Cap
US$31.7m
Last Updated
2020/07/15 00:10 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.
Snowflake Analysis
Average dividend payer 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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-3.4%
DIT
1.5%
US Retail Distributors
1.5%
US Market
1 Year Return
-41.5%
DIT
-5.9%
US Retail Distributors
6.9%
US Market
Return vs Industry: DIT underperformed the US Retail Distributors industry which returned -7.4% over the past year.
Return vs Market: DIT underperformed the US Market which returned 5.3% over the past year.
Shareholder returns
| DIT | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.4% | 1.5% | 1.5% |
| 30 Day | 0.07% | 2.2% | 5.9% |
| 90 Day | -23.4% | 29.4% | 17.9% |
| 1 Year | -40.7%-41.5% | -4.2%-5.9% | 9.2%6.9% |
| 3 Year | -42.8%-44.8% | 19.9%14.4% | 36.4%27.5% |
| 5 Year | -28.9%-32.9% | 33.0%23.0% | 64.9%47.0% |
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
1 week ago | Simply Wall St
Are AMCON Distributing's (NYSEMKT:DIT) Statutory Earnings A Good Guide To Its Underlying Profitability?1 month ago | Simply Wall St
Should You Or Shouldn't You: A Dividend Analysis on AMCON Distributing Company (NYSEMKT:DIT)1 month ago | Simply Wall St
Why AMCON Distributing Company’s (NYSEMKT:DIT) Return On Capital Employed Looks UninspiringValuation
Is AMCON Distributing undervalued compared to its fair value and its price relative to the market?
20.24x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DIT ($56.05) is trading above our estimate of fair value ($14.64)
Significantly Below Fair Value: DIT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DIT is poor value based on its PE Ratio (20.2x) compared to the US Retail Distributors industry average (19.5x).
PE vs Market: DIT is poor value based on its PE Ratio (20.2x) compared to the US market (16.1x).
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 (0.5x) compared to the US Retail Distributors industry average (1.9x).
Next Steps
Future Growth
How is AMCON Distributing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
15.8%
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
- AMCON Distributing is a dividend payer. Have a look at its current yield, dividend levels over time and whether analysts believe the payout ratio will be sustainable moving forward.
- 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?
-17.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DIT has a high level of non-cash earnings.
Growing Profit Margin: DIT's current net profit margins (0.1%) are lower than last year (0.5%).
Past Earnings Growth Analysis
Earnings Trend: DIT's earnings have declined by -17.3% 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 (-65.3%) over the past year, making it difficult to compare to the Retail Distributors industry average (-8%).
Return on Equity
High ROE: DIT's Return on Equity (2.5%) 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 ($120.5M) exceed its short term liabilities ($38.7M).
Long Term Liabilities: DIT's short term assets ($120.5M) exceed its long term liabilities ($62.6M).
Debt to Equity History and Analysis
Debt Level: DIT's debt to equity ratio (74.5%) is considered high.
Reducing Debt: DIT's debt to equity ratio has increased from 57.7% to 74.5% 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 (4.1x coverage).
Balance Sheet
Next Steps
Dividend
What is AMCON Distributing current dividend yield, its reliability and sustainability?
1.78%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DIT's dividend (1.78%) is higher than the bottom 25% of dividend payers in the US market (1.68%).
High Dividend: DIT's dividend (1.78%) is low compared to the top 25% of dividend payers in the US market (4.59%).
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 reasonably low payout ratio (26%), 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?
2.3yrs
Average management tenure
CEO
Chris Atayan (60yo)
13.75yrs
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 ($USD618.98K).
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 | 13.75yrs | US$2.02m | 60.81% $19.3m | |
| President | 1.75yrs | US$678.06k | 3.69% $1.2m | |
| VP, Corporate Controller & Secretary | 2.25yrs | US$272.89k | 0.097% $30.8k | |
| Senior Vice President of Planning & Compliance | 13.5yrs | US$406.17k | no data | |
| Consultant | 1.75yrs | US$609.34k | no data |
2.3yrs
Average Tenure
58yo
Average Age
Experienced Management: DIT's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 13.75yrs | US$2.02m | 60.81% $19.3m | |
| President | 1.75yrs | US$678.06k | 3.69% $1.2m | |
| Independent Director | 18.17yrs | US$50.00k | 0.39% $124.9k | |
| Independent Lead Director | 12.5yrs | US$100.00k | 0.21% $66.3k | |
| Independent Director | 18.33yrs | US$50.00k | 0.46% $145.7k | |
| Independent Director | 16.83yrs | US$60.00k | 0.54% $170.9k | |
| Independent Director | 14.33yrs | US$45.00k | 0.31% $99.0k |
14.3yrs
Average Tenure
60yo
Average Age
Experienced Board: DIT's board of directors are seasoned and experienced ( 14.3 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.
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$31.698m
- Shares outstanding: 565.53k
- 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 operates in 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 refrigerated products, and institutional foodservice products. It serves retailers, such as convenience stores, discount and general merchandise stores, grocery stores, drug stores, liquor stores, tobacco shops, and gas stations; and institutional customers, including 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, 2019, it operated 22 retail health food stores under the Chamberlin’s Natural Foods, Akin’s Natural Foods, and Earth Origins Market brands. AMCON Distributing Company was founded in 1981 and is based in Omaha, Nebraska.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/15 00:10 |
| End of Day Share Price | 2020/07/14 00:00 |
| Earnings | 2020/03/31 |
| 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.