DICKER DATA LIMITED (DDR)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

DDR - DICKER DATA LIMITED

FNArena Sector : Hardware & Equipment
Year End: December
GICS Industry Group : Technology Hardware & Equipment
Debt/EBITDA: 2.13
Index: ASX300 | ALL-ORDS | ALL-TECH

Dicker Data is an Australian technology hardware, software and cloud distributor. Its portfolio of products include Cisco, Hewlett Packard, Microsoft and Lenovo. Founded in 1978, the company listed in 2011.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$8.44

21 Nov
2024

-0.140

OPEN

$8.54

-1.63%

HIGH

$8.64

237,520

LOW

$8.40

TARGET
$10.567 25.2% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
4DS . AD8 . AKP . AVA . BLG . CDA . CYG . DRO . EOS . HTG . IKE . SEN . SLX . SPZ . TZL . WBT .
FNARENA'S MARKET CONSENSUS FORECASTS
DDR: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 45.6 45.0 xxx
DPS (cps) xxx 45.0 47.0 xxx
EPS Growth xxx 9.1% - 1.3% xxx
DPS Growth xxx 8.4% 4.4% xxx
PE Ratio xxx N/A 18.6 xxx
Dividend Yield xxx N/A 5.6% xxx
Div Pay Ratio(%) xxx 98.7% 104.4% xxx

Dividend yield today if purchased 3 years ago: 3.14%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.38

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 15/11 - ex-div 10c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx45.6
DPS All xxxxxxxxxxxxxxx45.0
Sales/Revenue xxxxxxxxxxxxxxx2,259.4 M
Book Value Per Share xxxxxxxxxxxxxxx141.6
Net Operating Cash Flow xxxxxxxxxxxxxxx70.1 M
Net Profit Margin xxxxxxxxxxxxxxx3.64 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx33.84 %
Return on Invested Capital xxxxxxxxxxxxxxx28.96 %
Return on Assets xxxxxxxxxxxxxxx8.24 %
Return on Equity xxxxxxxxxxxxxxx33.84 %
Return on Total Capital xxxxxxxxxxxxxxx24.31 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-0.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx304 M
Long Term Debt xxxxxxxxxxxxxxx15 M
Total Debt xxxxxxxxxxxxxxx319 M
Goodwill - Gross xxxxxxxxxxxxxxx62 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx12 M
Price To Book Value xxxxxxxxxxxxxxx8.44

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx14.2 M
Capex % of Sales xxxxxxxxxxxxxxx0.63 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,100 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx24 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.7

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

02/09/2024

3

Equal-weight

$10.00

18.48%

Dicker Data reported 1H24 results which were slightly below consensus although marginally better than Morgan Stanley's forecasts.

The company experienced increased working capital on higher inventories which is in expectation of a 2H24 PC refresh cycle with management noting PC sales are returning to growth.

Bad debt provisioning increased around $2m, and, if excluded, EBITDA would have been in line, according to the analyst.

Equal-weight rating. Target price $10. Industry View: In-Line.

FORECAST
Morgan Stanley forecasts a full year FY24 EPS of 46.00 cents.
Morgan Stanley forecasts a full year FY25 EPS of 50.00 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

3

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Petra Capital

09/09/2024

1

Buy

$10.71

26.90%

Overall, the 1H performance by Dicker Data was positive and should continue to improve over the next 18 months, according to Petra Capital.

The broker highlights a 2Q growth rate of 8.3% reflected increasing demand across several product categories and further market share gains.

For H2, management expects both revenue and profits will return to growth, driven by the much-anticipated PC refresh, suggests the broker.

Buy retained, and target rises to $10.71 from $10.41.

FORECAST
Petra Capital forecasts a full year FY24 dividend of 45.50 cents and EPS of 45.40 cents.
Petra Capital forecasts a full year FY25 dividend of 57.50 cents and EPS of 57.70 cents.

Goldman Sachs

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Extra Coverage Research History >

DDR STOCK CHART

FNArena News on DDR

1
Rudi’s View: The Importance Of ‘Quality’ Growth

Nov 21 2024 - Rudi's View
2
Rudi’s View: A Rally With No Earnings Support

Nov 14 2024 - Rudi's View
3
Rudi’s View: Trump Returns, What Now?

Nov 07 2024 - Rudi's View
4
Rudi’s View: US Earnings & The Election

Oct 31 2024 - Rudi's View
5
Rudi’s View: Earnings, Best Ideas & Favourite Stock Picks

Oct 24 2024 - Rudi's View

Latest Hardware & Equipment News

1
Audinate’s Recurring Revenue Opportunity

Oct 08 2024 - Small Caps
2
Dicker Data Preps For PC Refresh Cycle Upswing

Sep 17 2024 - Small Caps
3
In Brief: Audinate, BlueScope & Nuix For Gen.Ai

Aug 23 2024 - Weekly Reports
4
First Shock Of The Season, What’s Next Audinate?

Aug 12 2024 - Australia
5
Codan’s Communication Upside

Jun 18 2024 - Small Caps
6
And Now For Something Different: Royalties

Apr 02 2024 - Small Caps
7
Dicker Data Still PC

Mar 07 2024 - Small Caps
8
ESG Focus: The Little Big Things – 06-03-2024

Mar 07 2024 - ESG Focus
9
Weekly Ratings, Targets, Forecast Changes – 02-02-24

Feb 05 2024 - Weekly Reports
10
Altium: Low In Place

Nov 14 2023 - Technicals