DOCEBO INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 61.07 CAD | +1.38% |
|
-0.16% | -4.56% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 371.9 | 2,118 | 2,201 | 1,086 | 1,463 | 1,355 | - | - |
| Enterprise Value (EV) 1 | 329.1 | 1,902 | 1,985 | 869.5 | 1,463 | 1,249 | 1,197 | 1,126 |
| P/E ratio | -26.7 x | -250 x | -164 x | 157 x | 603 x | 63.7 x | 38.7 x | - |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 8.97 x | 33.7 x | 21.1 x | 7.6 x | 8.09 x | 6.11 x | 5.03 x | 4.14 x |
| EV / Revenue | 7.94 x | 30.2 x | 19 x | 6.08 x | 8.09 x | 5.63 x | 4.44 x | 3.44 x |
| EV / EBITDA | -53.8 x | -855 x | -249 x | 675 x | 89.9 x | 37.6 x | 24.8 x | 16.4 x |
| EV / FCF | -66.5 x | 467 x | -451 x | 720 x | - | 39.5 x | 27.6 x | - |
| FCF Yield | -1.5% | 0.21% | -0.22% | 0.14% | - | 2.53% | 3.63% | - |
| Price to Book | 11.8 x | - | - | 5.65 x | - | 18.2 x | 12.1 x | 8.16 x |
| Nbr of stocks (in thousands) | 28,454 | 32,598 | 32,784 | 32,906 | 30,319 | 30,379 | - | - |
| Reference price 2 | 13.07 | 64.97 | 67.12 | 33.00 | 48.27 | 44.61 | 44.61 | 44.61 |
| Announcement Date | 3/12/20 | 3/11/21 | 3/10/22 | 3/9/23 | 2/23/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 41.44 | 62.92 | 104.2 | 142.9 | 180.8 | 221.6 | 269.3 | 327.7 |
| EBITDA 1 | -6.122 | -2.224 | -7.969 | 1.289 | 16.28 | 33.23 | 48.25 | 68.72 |
| EBIT 1 | -9.809 | -5.49 | -12.25 | 4.185 | -3.71 | 22.5 | 40 | 56.28 |
| Operating Margin | -23.67% | -8.73% | -11.75% | 2.93% | -2.05% | 10.15% | 14.86% | 17.18% |
| Earnings before Tax (EBT) 1 | -11.3 | -7.318 | -13.43 | 7.782 | 4.846 | 26.84 | 41.69 | 52.43 |
| Net income 1 | -11.91 | -7.654 | -13.6 | 7.018 | 2.84 | 22.66 | 36.12 | 46.14 |
| Net margin | -28.75% | -12.17% | -13.05% | 4.91% | 1.57% | 10.22% | 13.41% | 14.08% |
| EPS 2 | -0.4900 | -0.2600 | -0.4100 | 0.2100 | 0.0800 | 0.7004 | 1.152 | - |
| Free Cash Flow 1 | -4.948 | 4.074 | -4.399 | 1.207 | - | 31.62 | 43.41 | - |
| FCF margin | -11.94% | 6.48% | -4.22% | 0.84% | - | 14.27% | 16.12% | - |
| FCF Conversion (EBITDA) | - | - | - | 93.64% | - | 95.16% | 89.98% | - |
| FCF Conversion (Net income) | - | - | - | 17.2% | - | 139.58% | 120.2% | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 3/12/20 | 3/11/21 | 3/10/22 | 3/9/23 | 2/23/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 27.07 | 29.8 | 32.06 | 34.94 | 36.97 | 38.96 | 41.46 | 43.59 | 46.51 | 49.28 | 51.12 | 53.76 | 56.65 | 59.73 | 63.05 |
| EBITDA 1 | -1.953 | -1.532 | -1.288 | -0.313 | 0.63 | 2.26 | 2.21 | 3.055 | 4.512 | 6.5 | 6.737 | 7.623 | 8.875 | 10.12 | 11.8 |
| EBIT 1 | -3.199 | -2.686 | -3.083 | -2.43 | 9.023 | -0.075 | -0.376 | 0.905 | 3.109 | 1.079 | 4.091 | 3.346 | 7.447 | 6.765 | -1.151 |
| Operating Margin | -11.82% | -9.01% | -9.62% | -6.96% | 24.41% | -0.19% | -0.91% | 2.08% | 6.69% | 2.19% | 8% | 6.22% | 13.15% | 11.33% | -1.83% |
| Earnings before Tax (EBT) 1 | 1.456 | -2.887 | -6.83 | 2.462 | 10.37 | 1.781 | 1.608 | -5.116 | 5.044 | 3.31 | 5.94 | 4.459 | 10.2 | 8.078 | - |
| Net income 1 | 0.661 | -1.428 | -6.959 | 2.103 | 10.27 | 1.6 | 1.245 | -5.674 | 4.047 | 3.222 | 4.483 | 3.641 | 7.567 | 6.62 | - |
| Net margin | 2.44% | -4.79% | -21.71% | 6.02% | 27.79% | 4.11% | 3% | -13.02% | 8.7% | 6.54% | 8.77% | 6.77% | 13.36% | 11.08% | - |
| EPS 2 | 0.0200 | -0.0400 | -0.2100 | 0.0600 | 0.3000 | 0.0500 | 0.0400 | -0.1700 | 0.1200 | 0.1000 | 0.1393 | 0.1286 | 0.2260 | 0.2165 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/11/21 | 3/10/22 | 5/12/22 | 8/11/22 | 11/10/22 | 3/9/23 | 5/11/23 | 8/10/23 | 11/9/23 | 2/23/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 42.8 | 216 | 215 | 216 | - | 107 | 159 | 229 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -4.95 | 4.07 | -4.4 | 1.21 | - | 31.6 | 43.4 | - |
| ROE (net income / shareholders' equity) | -40% | - | - | -1.5% | - | 46.5% | 50.2% | 49.1% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 1.100 | - | - | 5.840 | - | 2.450 | 3.680 | 5.470 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 0.37 | 1.08 | 1.15 | 1.08 | - | 0.87 | 1.9 | 4 |
| Capex / Sales | 0.88% | 1.72% | 1.1% | 0.76% | - | 0.39% | 0.71% | 1.22% |
| Announcement Date | 3/12/20 | 3/11/21 | 3/10/22 | 3/9/23 | 2/23/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
44.61
USD
Average target price
54.61
USD
Spread / Average Target
+22.41%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -4.56% | 1.36B | |
| +5.58% | 82.93B | |
| +3.69% | 76.85B | |
| -14.62% | 53.04B | |
| -24.56% | 46.55B | |
| +31.16% | 50.15B | |
| +17.75% | 41.41B | |
| +55.21% | 35.63B | |
| -10.24% | 24.64B | |
| -21.24% | 23.04B |
- Stock Market
- Equities
- DCBO Stock
- Financials Docebo Inc.
