Duck Creek Technologies
Market Cap
US$5.9b
Last Updated
2020/10/28 01:03 UTC
Data Sources
Company Financials +
Executive Summary
Duck Creek Technologies, Inc. operates a software as a service platform for the property and casualty insurance industry in North America. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 3.1% per year for the next 3 years
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet with concerning outlook.
Similar Companies
Share Price & News
How has Duck Creek Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DCT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.1%
DCT
-1.1%
US Software
-1.1%
US Market
1 Year Return
n/a
DCT
52.4%
US Software
15.0%
US Market
Return vs Industry: Insufficient data to determine how DCT performed against the US Software industry.
Return vs Market: Insufficient data to determine how DCT performed against the US Market.
Shareholder returns
| DCT | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.1% | -1.1% | -1.1% |
| 30 Day | 1.9% | 3.0% | 2.9% |
| 90 Day | n/a | 9.5% | 5.7% |
| 1 Year | n/a | 53.4%52.4% | 17.6%15.0% |
| 3 Year | n/a | 135.8%127.9% | 38.9%29.7% |
| 5 Year | n/a | 237.0%217.5% | 78.4%58.4% |
Price Volatility Vs. Market
How volatile is Duck Creek Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Duck Creek Technologies undervalued compared to its fair value and its price relative to the market?
Share Price vs. Fair Value
Below Fair Value: DCT ($44.95) is trading above our estimate of fair value ($0.58)
Significantly Below Fair Value: DCT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DCT is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: DCT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DCT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: Insufficient data to calculate DCT's PB Ratio to determine if it is good value.
Next Steps
Future Growth
How is Duck Creek Technologies forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
-3.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DCT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: DCT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: DCT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: DCT's revenue (16.8% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: DCT's revenue (16.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DCT's Return on Equity is forecast to be low in 3 years time (2.6%).
Next Steps
Past Performance
How has Duck Creek Technologies performed over the past 5 years?
-77.7%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: DCT is currently unprofitable.
Growing Profit Margin: DCT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if DCT's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare DCT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DCT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (12.8%).
Return on Equity
High ROE: DCT has a negative Return on Equity (-4.08%), as it is currently unprofitable.
Next Steps
Financial Health
How is Duck Creek Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: DCT's short term assets ($449.3M) exceed its short term liabilities ($97.7M).
Long Term Liabilities: DCT's short term assets ($449.3M) exceed its long term liabilities ($29.6M).
Debt to Equity History and Analysis
Debt Level: DCT is debt free.
Reducing Debt: DCT had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable DCT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DCT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 91.8% per year.
Next Steps
Dividend
What is Duck Creek Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DCT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DCT'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 DCT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DCT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DCT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
Mike Jackowski (51 yo)
4.17yrs
Tenure
US$963,942
Compensation
Mr. Michael A. Jackowski, also known as Mike, has been Chief Executive Officer and Director of Duck Creek Technologies, Inc. since August 2016 and was a managing partner at Accenture from September 2011 to ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD963.94K) is below average for companies of similar size in the US market ($USD7.37M).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.17yrs | US$963.94k | 1.06% $ 62.0m | |
| Chief Financial Officer | 4.08yrs | US$600.17k | 0.46% $ 27.1m | |
| Chief Operating Officer | 4.17yrs | US$620.12k | 0.56% $ 32.7m | |
| Chief Legal Officer | 8.42yrs | no data | no data | |
| Vice President of Corporate Development | 10.58yrs | no data | no data | |
| Chief Marketing Officer | 3.58yrs | no data | 0.18% $ 10.9m | |
| Chief Human Resources Officer | no data | no data | no data | |
| Chief Information Security Officer | 3.17yrs | no data | no data | |
| Chief Revenue Officer | 3.92yrs | no data | 0.35% $ 20.7m | |
| Chief Technology Officer | no data | no data | no data | |
| Managing Director for Europe | 2.33yrs | no data | no data | |
| Chief Product & Technology Officer | 2.08yrs | no data | 0.29% $ 17.3m |
4.0yrs
Average Tenure
48yo
Average Age
Experienced Management: DCT's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.17yrs | US$963.94k | 1.06% $ 62.0m | |
| Independent Director | 3.92yrs | US$60.00k | 0.093% $ 5.5m | |
| Independent Director | 3.92yrs | US$100.00k | 0.093% $ 5.5m | |
| Chairman of the Board | no data | no data | no data | |
| Independent Director | 0.67yr | no data | 0.025% $ 1.5m | |
| Director | 4.5yrs | no data | no data | |
| Independent Director | 1.58yrs | US$117.18k | 0.087% $ 5.1m | |
| Director | 1.08yrs | no data | no data | |
| Director | 4.17yrs | no data | no data |
3.9yrs
Average Tenure
53yo
Average Age
Experienced Board: DCT's board of directors are considered experienced (3.9 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: DCT only recently listed within the past 12 months.
Top Shareholders
Company Information
Duck Creek Technologies, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Duck Creek Technologies, Inc.
- Ticker: DCT
- Exchange: NasdaqGS
- Founded: 2016
- Industry: Application Software
- Sector: Software
- Market Cap: US$5.874b
- Shares outstanding: 130.69m
- Website: https://www.duckcreek.com
Number of Employees
Location
- Duck Creek Technologies, Inc.
- 22 Boston Wharf Road
- Floor 10
- Boston
- Massachusetts
- 2210
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DCT | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Aug 2020 |
Biography
Duck Creek Technologies, Inc. operates a software as a service platform for the property and casualty insurance industry in North America. It offers Duck Creek Policy, a full lifecycle solution for the dev ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/28 01:03 |
| End of Day Share Price | 2020/10/27 00:00 |
| Earnings | 2020/08/31 |
| Annual Earnings | 2020/08/31 |
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.