NasdaqCM:DSKE

Stock Analysis Report

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Executive Summary

Daseke, Inc. consolidates and provides transportation and logistics solutions with a focus on flatbed and specialized freight in the United States, Canada, and Mexico. More Details


Snowflake Analysis

Moderate growth potential 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 is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: DSKE's weekly volatility has decreased from 18% to 12% over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

2.0%

DSKE

1.4%

US Transportation

2.8%

US Market


1 Year Return

139.7%

DSKE

27.7%

US Transportation

20.9%

US Market

Return vs Industry: DSKE exceeded the US Transportation industry which returned 27.6% over the past year.

Return vs Market: DSKE exceeded the US Market which returned 20.7% over the past year.


Shareholder returns

DSKEIndustryMarket
7 Day2.0%1.4%2.8%
30 Day36.2%21.3%11.1%
90 Day11.7%14.1%6.5%
1 Year139.7%139.7%29.5%27.7%23.6%20.9%
3 Year-44.9%-44.9%65.3%57.0%47.3%37.6%
5 Yearn/a179.2%155.6%94.3%72.9%

Long-Term 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?

6.41x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: DSKE ($7.07) is trading above our estimate of fair value ($4.84)

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


Price To Earnings Ratio

PE vs Industry: DSKE is unprofitable, so we can't compare its PE Ratio to the US 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 overvalued based on its PB Ratio (6.4x) compared to the US Transportation industry average (2.5x).


Next Steps

Future Growth

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

116.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DSKE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: DSKE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: DSKE's is expected to become profitable in the next 3 years.

Revenue vs Market: DSKE's revenue (2.7% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: DSKE's revenue (2.7% per year) is forecast to grow slower than 20% 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?

-65.8%

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 65.8% 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 (-10.3%).


Return on Equity

High ROE: DSKE has a negative Return on Equity (-14.26%), as it is currently unprofitable.


Next Steps

Financial Health

How is Daseke's financial position?


Financial Position Analysis

Short Term Liabilities: DSKE's short term assets ($398.8M) exceed its short term liabilities ($239.4M).

Long Term Liabilities: DSKE's short term assets ($398.8M) do not cover its long term liabilities ($799.5M).


Debt to Equity History and Analysis

Debt Level: DSKE's debt to equity ratio (476%) 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


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 18.8% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate DSKE'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 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

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

1.5yrs

Average management tenure


CEO

Chris Easter (57 yo)

1.25yrs

Tenure

US$1,497,178

Compensation

Mr. Christopher R. Easter also known as Chris, is Chief Executive Officer and Director at Daseke, Inc. since February 7, 2020. He was the Chief Operating Officer of Daseke, Inc. since January 17, 2019 unti...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD1.50M) is about average for companies of similar size in the US market ($USD1.79M).

Compensation vs Earnings: Insufficient data to compare Chris's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Christopher Easter
CEO & Director1.25yrsUS$1.50m0.031%
$ 141.4k
Don Daseke
Founder & Chairman Emeritus1.25yrsUS$778.89k2.56%
$ 11.8m
Jason Bates
Executive VP & CFO0.58yrno datano data
Rick Williams
Executive VP & COO0.50yrno data0.46%
$ 2.1m
Soumit Roy
Chief Legal Officer3.17yrsno datano data
Julie Hoagland
Chief People Officerno datano datano data
Amanda Hemker
VP & Corporate Controller1.5yrsno datano data
John Michell
Vice President of Operations Strategy5.83yrsno datano data

1.5yrs

Average Tenure

52yo

Average Age

Experienced Management: DSKE's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Christopher Easter
CEO & Director1.25yrsUS$1.50m0.031%
$ 141.4k
Don Daseke
Founder & Chairman Emeritus1.25yrsUS$778.89k2.56%
$ 11.8m
Daniel Hennessy
Independent Vice-Chairman3.75yrsUS$136.25k1.01%
$ 4.7m
Kevin Charlton
Independent Director3.75yrsUS$245.00k0.26%
$ 1.2m
Jonathan Shepko
Independent Director3.75yrsUS$426.43k0.21%
$ 959.5k
Charles Serianni
Independent Director1.42yrsUS$72.92k0.026%
$ 118.4k
Brian Bonner
Independent Chairman1.25yrsUS$1.43m0.27%
$ 1.2m
Ena Koschel
Independent Director1.42yrsUS$72.92k0.044%
$ 203.3k

1.4yrs

Average Tenure

57.5yo

Average Age

Experienced Board: DSKE's board of directors are not considered experienced ( 1.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Daseke, Inc.
  • Ticker: DSKE
  • Exchange: NasdaqCM
  • Founded: 2008
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$459.714m
  • Shares outstanding: 65.02m
  • 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. consolidates and provides transportation and logistics solutions with a focus on flatbed and specialized freight in the United States, Canada, and Mexico. It operates in two segments, Flatbed ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/28 23:12
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.