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.
+ 1 more risk
Second-rate dividend payer with mediocre balance sheet.
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.
7 Day Return
US Retail Distributors
1 Year Return
US Retail Distributors
Return vs Industry: DIT underperformed the US Retail Distributors industry which returned -27.1% over the past year.
Return vs Market: DIT underperformed the US Market which returned -10.4% over the past year.
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
4 days ago | Simply Wall StDoes AMCON Distributing's (NYSEMKT:DIT) Statutory Profit Adequately Reflect Its Underlying Profit?
2 weeks ago | Simply Wall StDo You Like AMCON Distributing Company (NYSEMKT:DIT) At This P/E Ratio?
3 weeks ago | Simply Wall StWhat To Know Before Buying AMCON Distributing Company (NYSEMKT:DIT) For Its Dividend
Is AMCON Distributing undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DIT ($62.57) is trading above our estimate of fair value ($18.43)
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 (15.2x) compared to the Retail Distributors industry average (15.2x).
PE vs Market: DIT is poor value based on its PE Ratio (15.2x) compared to the US market (13.1x).
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 (2.4x).
How is AMCON Distributing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Take a look at our analysis of DIT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- AMCON Distributing competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
How has AMCON Distributing performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DIT has a large one-off loss of $2.9M impacting its December 31 2019 financial results.
Growing Profit Margin: DIT's current net profit margins (0.2%) are lower than last year (0.3%).
Past Earnings Growth Analysis
Earnings Trend: DIT's earnings have declined by -13.9% 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 (-28.7%) over the past year, making it difficult to compare to the Retail Distributors industry average (-18.5%).
Return on Equity
High ROE: DIT's Return on Equity (3.9%) is considered low.
How is AMCON Distributing's financial position?
Financial Position Analysis
Short Term Liabilities: DIT's short term assets ($103.6M) exceed its short term liabilities ($31.8M).
Long Term Liabilities: DIT's short term assets ($103.6M) exceed its long term liabilities ($53.9M).
Debt to Equity History and Analysis
Debt Level: DIT's debt to equity ratio (59.8%) is considered high.
Reducing Debt: DIT's debt to equity ratio has increased from 40.9% to 59.8% over the past 5 years.
Debt Coverage: DIT's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: DIT's interest payments on its debt are well covered by EBIT (4.8x coverage).
Inventory Level: DIT has a high level of physical assets or inventory.
Debt Coverage by Assets: DIT's debt is covered by short term assets (assets are 2.8x debt).
What is AMCON Distributing's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DIT's dividend (1.6%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: DIT's dividend (1.6%) is low compared to the top 25% of dividend payers in the US market (5.4%).
Stability and Growth of Payments
Stable Dividend: DIT's dividends per share have been stable in the past 10 years.
Growing Dividend: DIT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.5%), DIT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Atayan (59yo)
Mr. Christopher H. Atayan, also known as Chris, has been the Chief Executive Officer of AMCON Distributing Co. since October 2006. Mr. Atayan serves as a Consultant of Draupnir, LLC. He served as the Chief ...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD2.02M) is above average for companies of similar size in the US market ($USD602.37K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
|Chairman & CEO||13.42yrs||US$2.02m||60.78% $21.5m|
|VP, Corporate Controller & Secretary||1.42yrs||US$272.89k||0.0088% $3.1k|
|Senior Vice President of Planning & Compliance||13.17yrs||US$406.17k||no data|
Experienced Management: DIT's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
|Chairman & CEO||13.42yrs||US$2.02m||60.78% $21.5m|
|Independent Director||17.83yrs||US$50.00k||0.39% $139.5k|
|Lead Director||12.17yrs||US$100.00k||0.21% $74.0k|
|Independent Director||18yrs||US$50.00k||0.46% $162.6k|
|Independent Director||16.42yrs||US$60.00k||0.54% $190.8k|
|Independent Director||14yrs||US$45.00k||0.31% $110.5k|
Experienced Board: DIT's board of directors are seasoned and experienced ( 14 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AMCON Distributing Company's company bio, employee growth, exchange listings and data sources
- Name: AMCON Distributing Company
- Ticker: DIT
- Exchange: AMEX
- Founded: 1981
- Industry: Distributors
- Sector: Retail
- Market Cap: US$35.403m
- Shares outstanding: 565.83k
- Website: https://www.amcon.com
Number of Employees
- AMCON Distributing Company
- 7405 Irvington Road
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DIT||AMEX (NYSE MKT LLC)||Yes||Common Stock||US||USD||Aug 1995|
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||2020/03/31 01:05|
|End of Day Share Price||2020/03/30 00:00|
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.