OTCPK:DLGC.F

Stock Analysis Report

Executive Summary

Datalogic S.p.A. manufactures and sells automatic data capture and process automation products for the retail, manufacturing, transportation and logistics, and healthcare sectors in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.


Snowflake Analysis

Excellent balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Datalogic's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DLGC.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

DLGC.F

-10.2%

US Electronic

-10.6%

US Market


1 Year Return

n/a

DLGC.F

-4.4%

US Electronic

5.2%

US Market

Return vs Industry: Insufficient data to determine how DLGC.F performed against the US Electronic industry.

Return vs Market: Insufficient data to determine how DLGC.F performed against the US Market.


Shareholder returns

DLGC.FIndustryMarket
7 Day0%-10.2%-10.6%
30 Day0%-11.8%-8.5%
90 Dayn/a-10.8%-4.6%
1 Yearn/a-3.4%-4.4%7.4%5.2%
3 Yearn/a21.2%17.8%31.7%23.2%
5 Yearn/a50.8%43.3%56.4%39.3%

Price Volatility Vs. Market

How volatile is Datalogic's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Datalogic undervalued compared to its fair value and its price relative to the market?

12.78x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DLGC.F ($19.1) is trading above our estimate of fair value ($10.9)

Significantly Below Fair Value: DLGC.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DLGC.F is good value based on its PE Ratio (13.4x) compared to the Electronic industry average (18.3x).

PE vs Market: DLGC.F is good value based on its PE Ratio (13.4x) compared to the US market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: DLGC.F is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: DLGC.F is overvalued based on its PB Ratio (2.2x) compared to the US Electronic industry average (1.9x).


Next Steps

Future Growth

How is Datalogic forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

4.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DLGC.F's forecast earnings growth (4.7% per year) is above the savings rate (1.7%).

Earnings vs Market: DLGC.F's earnings (4.7% per year) are forecast to grow slower than the US market (13.2% per year).

High Growth Earnings: DLGC.F's earnings are forecast to grow, but not significantly.

Revenue vs Market: DLGC.F's revenue (3.8% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: DLGC.F's revenue (3.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DLGC.F's Return on Equity is forecast to be low in 3 years time (12.7%).


Next Steps

Past Performance

How has Datalogic performed over the past 5 years?

13.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DLGC.F has high quality earnings.

Growing Profit Margin: DLGC.F's current net profit margins (9.3%) are lower than last year (9.4%).


Past Earnings Growth Analysis

Earnings Trend: DLGC.F's earnings have grown by 13.3% per year over the past 5 years.

Accelerating Growth: DLGC.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DLGC.F had negative earnings growth (-0.5%) over the past year, making it difficult to compare to the Electronic industry average (12%).


Return on Equity

High ROE: DLGC.F's Return on Equity (14.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Datalogic's financial position?


Financial Position Analysis

Short Term Liabilities: DLGC.F's short term assets (€433.6M) exceed its short term liabilities (€252.8M).

Long Term Liabilities: DLGC.F's short term assets (€433.6M) exceed its long term liabilities (€174.9M).


Debt to Equity History and Analysis

Debt Level: DLGC.F's debt to equity ratio (45.3%) is considered high.

Reducing Debt: DLGC.F's debt to equity ratio has reduced from 79.3% to 45.3% over the past 5 years.

Debt Coverage: DLGC.F's debt is well covered by operating cash flow (30.5%).

Interest Coverage: DLGC.F's interest payments on its debt are well covered by EBIT (92.4x coverage).


Balance Sheet

Inventory Level: DLGC.F has a high level of physical assets or inventory.

Debt Coverage by Assets: DLGC.F's debt is covered by short term assets (assets are 2.4x debt).


Next Steps

Dividend

What is Datalogic's current dividend yield, its reliability and sustainability?

3.55%

Current Dividend Yield


Dividend Yield vs Market

company3.6%marketbottom25%1.6%markettop25%4.1%industryaverage1.8%forecastin3Years3.4%

Current dividend yield vs market & industry

Notable Dividend: DLGC.F's dividend (3.38%) is higher than the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: DLGC.F's dividend (3.38%) is low compared to the top 25% of dividend payers in the US market (3.96%).


Stability and Growth of Payments

Stable Dividend: DLGC.F's dividend payments have been volatile in the past 10 years.

Growing Dividend: DLGC.F's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (45.4%), DLGC.F's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: DLGC.F's dividends in 3 years are forecast to be well covered by earnings (43.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average board tenure


CEO

Valentina Volta 0

3.1yrs

Tenure

€523,200

Compensation

Dr. Valentina Volta has been the Chief Executive Officer of Datalogic S.p.A. since January 21, 2017 and serves as its Director. 


CEO Compensation Analysis

Compensation vs Market: Valentina's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD2.58M).

Compensation vs Earnings: Valentina's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Romano Volta
Founder & Executive Chairman0yrs€624.43kno data
Valentina Volta
CEO & Director3.1yrs€523.20kno data
Angelo Manaresi
Independent Director0yrs€10.00kno data
Filippo Volta
Non-Executive Director0yrs€35.00kno data
Pietro Todescato
Director0yrs€25.00kno data
Salvatore Marco Fiorenza
Chairman of Board of Statutory Auditors3.8yrsno datano data
Chiara Orlandi
Independent Director1.8yrsno datano data
Roberto Lancellotti
Independent Director1.8yrsno datano data
Angelo Busani
Independent Director0.8yrsno datano data
Vera Zamagni
Independent Director2.1yrsno datano data

1.8yrs

Average Tenure

Experienced Board: DLGC.F's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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

Datalogic S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Datalogic S.p.A.
  • Ticker: DLGC.F
  • Exchange: OTCPK
  • Founded: 1972
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: €808.651m
  • Listing Market Cap: €887.555m
  • Shares outstanding: 57.43m
  • Website: https://www.datalogic.com

Number of Employees


Location

  • Datalogic S.p.A.
  • Via Candini, 2
  • Lippo di Calderara di Reno
  • Bologna
  • Bologna
  • 40012
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DALBIT (Borsa Italiana)YesCommon StockITEURMar 2001
0E3CLSE (London Stock Exchange)YesCommon StockGBEURMar 2001
DLGC.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 2001
DALMBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURMar 2001
DT8ADB (Deutsche Boerse AG)YesCommon StockDEEURMar 2001

Biography

Datalogic S.p.A. manufactures and sells automatic data capture and process automation products for the retail, manufacturing, transportation and logistics, and healthcare sectors in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Datalogic, Solution Net Systems, and Informatics segments. It offers fixed retail scanners, including single plane scanners, multi-plane imaging scanner/scales, loss prevention solutions, and presentation scanners; general duty and industrial handheld scanners; mobile computers, such as pocket-sized to full-alpha-keyboard hand-held devices, industrial PDAs, pistol-grip terminals, vehicle mounted computers, and middleware software solutions; and laser marking products for the manufacture of automotive, electronics, medical devices, and high precision metals. The company also provides photoelectric sensors; safety light curtains for machine safeguarding and access control; vision sensors, smart cameras, and vision processors; and laser bar code and image-based ID scanners, connectivity products, software and tools, dimensioners, and linear cameras. In addition, it offers UHF RFID devices; and various OEM products consisting of embedded and bolt-on bar code scanning solutions to the suppliers of self-checkout systems, kiosks, price verifiers, vending machines, and others. The company was founded in 1972 and is headquartered in Bologna, Italy. Datalogic S.p.A. is a subsidiary of Hydra S.p.A. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 01:49
End of Day Share Price2020/01/21 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.