NasdaqCM:DSKE

Stock Analysis Report

Executive Summary

Daseke, Inc. provides transportation and logistics solutions with a focus on flatbed and specialized freight in North America.

Rewards

Trading at 62.8% below its fair value

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

Shareholders have been diluted in the past year



Snowflake Analysis

Fair value with mediocre balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: DSKE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

23.9%

DSKE

2.2%

US Transportation

1.3%

US Market


1 Year Return

3.6%

DSKE

19.3%

US Transportation

19.4%

US Market

Return vs Industry: DSKE underperformed the US Transportation industry which returned 19.3% over the past year.

Return vs Market: DSKE underperformed the US Market which returned 19.4% over the past year.


Shareholder returns

DSKEIndustryMarket
7 Day23.9%2.2%1.3%
30 Day14.9%0.2%2.6%
90 Day3.6%-0.2%5.0%
1 Year3.6%3.6%21.5%19.3%22.0%19.4%
3 Yearn/a61.1%53.5%46.8%37.3%
5 Yearn/a55.7%24.8%66.3%48.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DSKE ($3.47) is trading below our estimate of fair value ($9.32)

Significantly Below Fair Value: DSKE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: DSKE is unprofitable, so we can't compare its PE Ratio to the Transportation industry average.

PE vs Market: DSKE 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 DSKE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DSKE is good value based on its PB Ratio (2.4x) compared to the US Transportation industry average (2.4x).


Next Steps

Future Growth

How is Daseke forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

120.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DSKE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: DSKE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: DSKE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: DSKE's revenue is expected to decline over the next 3 years (-1% per year).

High Growth Revenue: DSKE's revenue is forecast to decline over the next 3 years (-1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if DSKE's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Daseke performed over the past 5 years?

-51.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DSKE is currently unprofitable.

Growing Profit Margin: DSKE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DSKE is unprofitable, and losses have increased over the past 5 years at a rate of -51.5% per year.

Accelerating Growth: Unable to compare DSKE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DSKE is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (-45%).


Return on Equity

High ROE: DSKE has a negative Return on Equity (-196.5%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Daseke's financial position?


Financial Position Analysis

Short Term Liabilities: DSKE's short term assets ($343.7M) exceed its short term liabilities ($247.9M).

Long Term Liabilities: DSKE's short term assets ($343.7M) do not cover its long term liabilities ($784.9M).


Debt to Equity History and Analysis

Debt Level: DSKE's debt to equity ratio (428.9%) is considered high.

Reducing Debt: Insufficient data to determine if DSKE's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: DSKE's debt is not covered by short term assets (assets are 0.5x debt).


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 DSKE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: DSKE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate DSKE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate DSKE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DSKE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DSKE'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 DSKE's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Daseke's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Chris Easter 0

0.3yrs

Tenure

0

Mr. Christopher R. Easter also known as Chris, serves as the Chief Operating Officer of Daseke, Inc. since January 17, 2019 and Interim Chief Executive Officer since August 15, 2019. He has more than 30 ye ...


Management Age and Tenure

2.3yrs

Average Tenure

62yo

Average Age

Experienced Management: DSKE's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

0.5yrs

Average Tenure

57yo

Average Age

Experienced Board: DSKE's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$34,30017 Sep 19
Charles Serianni
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$3.43
BuyUS$74,01913 Sep 19
Ena Williams
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares22,000
Max PriceUS$3.36
BuyUS$33,75009 Aug 19
Mark Sinclair
EntityIndividual
Shares15,000
Max PriceUS$2.25
BuyUS$43,36008 Aug 19
Christopher Easter
EntityIndividual
Role
Chief Executive Officer
Interim CEO & COO
Shares20,000
Max PriceUS$2.17

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14%.


Management Team

  • Don Daseke (79yo)

    Founder & Chairman Emeritus

    • Tenure: 0.3yrs
    • Compensation: US$670.00k
  • Angie Moss (59yo)

    Senior VP

    • Tenure: 2.8yrs
    • Compensation: US$386.00k
  • Brian Bonner (62yo)

    Executive Chairman

    • Tenure: 0.3yrs
    • Compensation: US$127.15k
  • Derek Blount

    Senior Vice President

    • Tenure: 2.5yrs
  • Chris Easter

    Interim CEO & COO

    • Tenure: 0.3yrs
  • Soumit Roy

    General Counsel

    • Tenure: 2.3yrs
  • Matt Cacace

    Senior Vice President of Business Systems

    • Tenure: 1yrs
  • Amanda Hemker

    VP & Corporate Controller

    • Tenure: 0.6yrs
  • David Bizzaro

    Interim Chief Financial Officer

    • Tenure: 0yrs

Board Members

  • Dan Hennessy (62yo)

    Independent Vice Chairman

    • Tenure: 2.8yrs
    • Compensation: US$137.15k
  • Kevin Charlton (53yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: US$137.15k
  • Don Daseke (79yo)

    Founder & Chairman Emeritus

    • Tenure: 0.3yrs
    • Compensation: US$670.00k
  • Jonathan Shepko (41yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: US$127.15k
  • Chuck Serianni (57yo)

    Independent Director

    • Tenure: 0.5yrs
  • Brian Bonner (62yo)

    Executive Chairman

    • Tenure: 0.3yrs
    • Compensation: US$127.15k
  • Ena Williams

    Independent Director

    • Tenure: 0.5yrs
  • Kim Warmbier (57yo)

    Independent Director

    • Tenure: 0.5yrs

Company Information

Daseke, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Daseke, Inc.
  • Ticker: DSKE
  • Exchange: NasdaqCM
  • Founded:
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$224.124m
  • Shares outstanding: 64.59m
  • Website: https://www.daseke.com

Number of Employees


Location

  • Daseke, Inc.
  • 15455 Dallas Parkway
  • Suite 550
  • Addison
  • Texas
  • 75001
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DSKENasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDFeb 2017
1VGDB (Deutsche Boerse AG)YesCommon StockDEEURFeb 2017

Biography

Daseke, Inc. provides transportation and logistics solutions with a focus on flatbed and specialized freight in North America. It operates through two segments, Flatbed Solutions and Specialized Solutions. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/13 01:18
End of Day Share Price2019/12/12 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.