DICKER DATA LIMITED (DDR)
Share Price Analysis and Chart

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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

$9.50

02 Jul
2024

0.030

OPEN

$9.51

0.32%

HIGH

$9.61

175,967

LOW

$9.46

TARGET
$10.45 10.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
4DS . AD8 . AKP . ALU . AVA . BLG . CDA . CYG . DRO . EOS . HTG . IKE . RVS . 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 46.0 xxx
DPS (cps) xxx 45.0 44.8 xxx
EPS Growth xxx 9.1% 0.8% xxx
DPS Growth xxx 8.4% - 0.4% xxx
PE Ratio xxx N/A 20.5 xxx
Dividend Yield xxx N/A 4.8% xxx
Div Pay Ratio(%) xxx 98.7% 97.5% xxx

Dividend yield today if purchased 3 years ago: 3.94%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.77

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

0.3

No. Of Recommendations

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

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

21/05/2024

3

Neutral

$9.65

1.58%

UBS lowers its target for Dicker Data by -18% to $9.65 after lowering its FY24 earnings forecast by -6% following a further review of last week's 1Q market update. Larger forecast earnings downgrades by consensus are expected.

The broker suggests investors will need to see a rebound in sales before becoming more interested in the stock given the size of the 1Q sales decline. Also, sentiment was negatively impacted in March when the founder sold down stock to settle a divorce.

A summary of the initial assessment of 1Q results by UBS follows.

Dicker Data reported a surprise -10% miss on 1Q24 sales year-on-year according to UBS, well below the analyst and consensus estimates.

On a positive note, costs remain well controlled, with a 1Q24 profit down -5% year-on-year.

Gross margins were slightly higher year-on-year, though further details are needed, notes the broker.

The broker attributes the decline to a strong prior year comparison and subdued market conditions, particularly in the physical security business impacted by the building and construction sector slowdown.

FORECAST
UBS forecasts a full year FY24 EPS of 46.00 cents.
UBS forecasts a full year FY25 EPS of 52.00 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxxxxxx xx xxxxx-xxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
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