NasdaqGS:DCT

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Duck Creek Technologies

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


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

DCTIndustryMarket
7 Day-0.1%-1.1%-1.1%
30 Day1.9%3.0%2.9%
90 Dayn/a9.5%5.7%
1 Yearn/a53.4%52.4%17.6%15.0%
3 Yearn/a135.8%127.9%38.9%29.7%
5 Yearn/a237.0%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

NamePositionTenureCompensationOwnership
Michael Jackowski
CEO & Director4.17yrsUS$963.94k1.06%
$ 62.0m
Vincent Chippari
Chief Financial Officer4.08yrsUS$600.17k0.46%
$ 27.1m
Matthew Foster
Chief Operating Officer4.17yrsUS$620.12k0.56%
$ 32.7m
Christopher Stone
Chief Legal Officer8.42yrsno datano data
Eddie Jones
Vice President of Corporate Development10.58yrsno datano data
Scott Fitzgerald
Chief Marketing Officer3.58yrsno data0.18%
$ 10.9m
Lori Hannay
Chief Human Resources Officerno datano datano data
John Germain
Chief Information Security Officer3.17yrsno datano data
Eugene Van Biert
Chief Revenue Officer3.92yrsno data0.35%
$ 20.7m
Bill Bond
Chief Technology Officerno datano datano data
Bart Patrick
Managing Director for Europe2.33yrsno datano data
Anirban Dey
Chief Product & Technology Officer2.08yrsno data0.29%
$ 17.3m

4.0yrs

Average Tenure

48yo

Average Age

Experienced Management: DCT's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Jackowski
CEO & Director4.17yrsUS$963.94k1.06%
$ 62.0m
Charles Moran
Independent Director3.92yrsUS$60.00k0.093%
$ 5.5m
G. Wilson
Independent Director3.92yrsUS$100.00k0.093%
$ 5.5m
Jason Wright
Chairman of the Boardno datano datano data
Kathleen Crusco
Independent Director0.67yrno data0.025%
$ 1.5m
Roy Mackenzie
Director4.5yrsno datano data
Francis Pelzer
Independent Director1.58yrsUS$117.18k0.087%
$ 5.1m
Domingo Miron
Director1.08yrsno datano data
Stuart Nicoll
Director4.17yrsno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DCTNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDAug 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 01:03
End of Day Share Price2020/10/27 00:00
Earnings2020/08/31
Annual Earnings2020/08/31


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.