Digi Competitors

Stocks . USA . 
Stock . Digi International
DGII Stock  USD 30.49  0.02  0.07%   
Digi International competes with Extreme Networks, Ciena Corp, Harmonic, Comtech Telecommunicatio, and ADTRAN; as well as few others. The company conducts business under Communications Equipment sector and is part of Information Technology industry. Analyzing Digi International competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Digi International to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Digi International Correlation with its peers.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Digi International competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
28.2930.4932.69
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Intrinsic
Valuation
LowRealHigh
27.4433.9536.16
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Digi International Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Digi International and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Digi and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Digi International does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
NTGR
+ 0.86
CIEN
NTGR
+ 0.81
EXTR
CIEN
+ 0.78
EXTR
ITRN
+ 0.78
ADTN
KVHI
+ 0.77
EXTR
ITRN
+ 0.75
TSAT
  
High negative correlations   
TSAT
- 0.88
MYNA
ITRN
- 0.7
MYNA
MYNA
- 0.66
CIEN
KVHI
- 0.49
MYNA
MYNA
- 0.48
ADTN
MYNA
- 0.44
EXTR

Risk-Adjusted Indicators

There is a big difference between Digi Stock performing well and Digi International Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Digi International's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
EXTR  1.78  0.24  0.10  1.01  1.96 
(1.92)
 4.28 
(3.30)
 18.17 
CIEN  1.85  0.35  0.17  0.49  1.74 
(2.04)
 4.01 
(3.03)
 20.24 
HLIT  1.89 (0.19) 0.00 (0.19) 0.00 
 0.00 
 3.59 
(3.87)
 26.83 
CMTL  5.52 (0.22) 0.00  2.85  0.00 
 0.00 
 8.85 
(8.43)
 65.93 
ADTN  2.28  0.82  0.34  0.86  1.77 
(2.80)
 6.97 
(3.33)
 23.49 
MYNA  8.00 (0.52) 0.00  0.34  0.00 
 0.00 
 14.29 
(15.91)
 78.82 
KVHI  1.63  0.27  0.11 (0.71) 1.88 
(1.81)
 4.21 
(2.92)
 8.92 
TSAT  3.71  0.33  0.07 (0.41) 3.96 
(4.22)
 7.63 
(5.52)
 22.33 
NTGR  1.73  0.42  0.23  0.99  1.47 
(2.02)
 4.41 
(2.89)
 10.10 
ITRN  1.24  0.29  0.23  0.77  1.00 
(1.57)
 3.95 
(1.72)
 7.35 
All Fundamental Data

Digi International Competitive Analysis

The better you understand Digi International competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Digi International's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Digi International's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
DGII EXTR CIEN HLIT CMTL ADTN MYNA KVHI TSAT NTGR
 0.07 
 30.49 
Digi
 0.35 
 17.32 
Extreme
 0.86 
 84.76 
Ciena
 0.16 
 12.40 
Harmonic
 1.13 
 2.63 
Comtech
 0.59 
 10.19 
ADTRAN
 2.33 
 0.44 
Mynaric
 0.85 
 5.93 
KVH
 3.17 
 16.25 
Telesat
 1.99 
 27.17 
NETGEAR
Market Volatility
(90 Days Market Risk)
Very steady
Not too volatile
Very steady
Somewhat reliable
Dangerous
Somewhat reliable
Extremely Dangerous
Somewhat reliable
Somewhat reliable
Very steady
Market Performance
(90 Days Performance)
Very Weak
OK
Good
Very Weak
Very Weak
Solid
Very Weak
Solid
Modest
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Very Low
Low
Very Small
Very Small
Below Average
Low
Very High
Low
Very Low
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Under Valued
Under Valued
Under Valued
Under Valued
Fairly Valued
Under Valued
Under Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Buy
Buy
Not Available
Not Available
Not Available
Not Available
Buy
Not Available
Buy
Trade Advice
(90 Days Macroaxis Advice)
Buy
Strong Hold
Strong Buy
Strong Hold
Strong Sell
Strong Buy
Strong Sell
Hold
Strong Sell
Strong Buy
Current Ratio
1.79
0.98
3.48
1.52
1.36
1.67
4.52
2.57
11.05
2.51
Net Asset
815.08 M
1.04 B
5.64 B
768.21 M
960.62 M
1.68 B
119.09 M
172.63 M
6.27 B
847.14 M
Profit Margin
0.0531
-0.12
0.0344
0.14
-0.18
-0.57
N/A
-0.16
0.0466
0.0288
EBITDA
71.89 M
(19.61 M)
350.35 M
22.17 M
(44.81 M)
(96.06 M)
(71.08 M)
(1.67 M)
1.14 B
(33.27 M)
Operating Margin
0.14
-0.0128
0.0298
0.2
-0.0796
-0.0789
-49.87
-0.0295
0.41
-0.0217
Current Valuation
1.22 B
2.37 B
12.43 B
1.54 B
439.14 M
930.4 M
77.69 M
67.75 M
1.51 B
404.24 M
Price To Book
1.92
69.94
4.28
3.39
0.52
3.75
2.29
0.82
0.42
1.39
Retained Earnings
247.35 M
(941.96 M)
(3.29 B)
(1.96 B)
103.58 M
(243.91 M)
(260.08 M)
(1.7 M)
534.06 M
(432.32 M)
Current Asset
195.65 M
228.97 M
2.01 B
286.13 M
303.64 M
235.56 M
N/A
115.09 M
N/A
821.14 M
Five Year Return
N/A
N/A
N/A
N/A
1.91
2.52
N/A
N/A
N/A
N/A
Beta
1.06
1.77
0.94
0.89
1.6
1.2
1.11
0.6
2.24
0.83
Number Of Employees
14
2.66 K
8.31 K
1.24 K
1.68 K
3.3 K
314
325
490
638
Shares Outstanding
36.87 M
132.13 M
142.12 M
116.53 M
29.17 M
79.31 M
25.27 M
19.8 M
13.94 M
28.77 M
Cash Flow From Operations
83.09 M
55.49 M
514.53 M
7.06 M
(64.79 M)
(45.6 M)
(28.98 M)
2.53 M
169.09 M
56.85 M
Annual Yield
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Debt
137.39 M
239.6 M
237.2 M
156.05 M
212.66 M
226.42 M
88.06 M
1.07 M
3.23 B
41.57 M
Return On Equity
0.0401
-1.77
0.0473
0.22
-0.19
-0.58
-2.34
-0.13
0.0453
0.0362
Return On Asset
0.0364
-0.041
0.0252
0.0459
8.0E-4
-0.0465
-0.46
-0.0698
0.0263
-0.0463
Number Of Shares Shorted
2.03 M
5.17 M
6.26 M
3.05 M
950.71 K
1.63 M
1.2 M
46.96 K
77.74 K
876.38 K
Book Value Per Share
15.94
0.25
20.02
3.68
10.66
2.71
-7.91
7.34
48.63
19.13
Current Liabilities
23.81 M
211.53 M
891.86 M
84.88 M
184.15 M
32.05 M
N/A
43.56 M
N/A
315.77 M
Total Asset
815.08 M
1.04 B
5.64 B
768.21 M
960.62 M
1.68 B
119.09 M
172.63 M
6.27 B
847.14 M
Debt To Equity
0.57
3.89
0.43
0.67
0.32
0.043
0.11
0.018
2.01
0.05
Short Ratio
8.4
5.9
4.34
2.88
2.78
2.93
0.52
0.89
3.21
2.26
Target Price
37.1
19.33
89.8
14.5
4.58
10.67
6.92
7.0
19.04
22.0
Last Dividend Paid
N/A
N/A
N/A
N/A
0.1
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
98.25
93.04
99.08
93.74
56.11
86.5
12.2
59.97
91.12
85.29
Market Capitalization
1.12 B
2.29 B
12.05 B
1.45 B
77.59 M
803.37 M
11.53 M
117.41 M
791.95 M
781.68 M
Price To Earning
162.41
57.61
34.45
40.24
328.11
405.0
N/A
4.2
4.28
7.07
Price To Earnings To Growth
1.02
1.33
0.77
-0.21
1.58
11.04
N/A
3.35
N/A
2.84
Price To Sales
2.65
2.21
3.0
2.32
0.14
0.89
2.14
0.99
1.23
1.15
Net Income
22.5 M
(85.96 M)
83.96 M
83.99 M
(99.98 M)
(267.69 M)
(93.53 M)
(15.42 M)
583.27 M
(104.77 M)
Earnings Per Share
0.61
-0.96
0.58
0.73
-9.88
-6.51
-3.98
-1.0
2.35
0.68
Shares Owned By Insiders
1.75
2.93
0.92
2.35
8.92
1.57
0.02
37.6
8.88
6.77
Revenue
424.05 M
1.12 B
4.01 B
607.91 M
540.4 M
1.15 B
5.39 M
132.38 M
704.16 M
740.84 M
Working Capital
80.22 M
(50.66 M)
2.64 B
58.34 M
153 M
457.35 M
(19.44 M)
93.85 M
1.68 B
483.63 M
Cash And Equivalents
41.52 M
194.52 M
1.18 B
121.82 M
21.65 M
111.9 M
48.14 M
15.55 M
1.48 B
233.2 M
Cash Per Share
1.18
1.48
7.98
1.16
0.78
1.53
2.3
0.81
119.93
8.07
Gross Profit
249.91 M
587.4 M
1.75 B
323.82 M
157.18 M
312.79 M
(11.34 M)
28.93 M
445.46 M
202.18 M
Day Typical Price
30.4
17.3
84.97
12.41
2.67
10.14
0.44
5.95
16.11
27.07
Accumulation Distribution
0.0257
0.0234
0.0175
0.0286
0.0436
0.0388
0.11
0.0248
0.054
0.0216
Market Facilitation Index
0.79
0.41
1.5
0.36
0.12
0.4
0.05
0.15
0.89
0.59
Daily Balance Of Power
0.0253
0.1463
0.48
(0.06)
(0.25)
0.15
0.2
0.3333
0.5618
0.8983
Period Momentum Indicator
0.02
0.06
0.72
(0.02)
(0.03)
0.06
0.01
0.05
0.5
0.53
Rate Of Daily Change
1.0
1.0
1.01
1.0
0.99
1.01
1.02
1.01
1.03
1.02
Day Median Price
30.36
17.3
85.08
12.41
2.69
10.11
0.44
5.97
16.04
27.03
Price Action Indicator
0.14
0.055
0.04
(0.02)
(0.07)
0.11
N/A
(0.01)
0.46
0.41
Coefficient Of Variation
16068.48
1018.54
743.25
(2,406)
(4,101)
424.53
(2,639)
775.18
1465.68
494.81
Mean Deviation
1.5
1.78
1.85
1.89
5.52
2.28
8.0
1.63
3.71
1.73
Jensen Alpha
(0.02)
0.2437
0.3527
(0.19)
(0.22)
0.8201
(0.52)
0.2725
0.326
0.4179
Total Risk Alpha
(0.05)
0.1865
0.3014
(0.26)
(0.43)
0.7543
(0.88)
0.2149
0.2002
0.3755
Sortino Ratio
(0.01)
0.1045
0.1665
N/A
N/A
0.3441
N/A
0.1095
0.0704
0.225
Downside Variance
4.01
4.79
4.37
N/A
N/A
5.67
N/A
5.02
17.11
3.27
Standard Deviation
2.19
2.63
2.81
3.82
8.81
3.61
14.2
2.13
4.71
2.16
Kurtosis
5.47
5.86
11.9
30.58
9.7
10.46
9.37
(0.16)
1.24
(0.14)
Potential Upside
2.72
4.28
4.01
3.59
8.85
6.97
14.29
4.21
7.63
4.41
Treynor Ratio
0.0026
1.01
0.4852
(0.19)
2.85
0.8626
0.3401
(0.71)
(0.41)
0.9896
Maximum Drawdown
14.35
18.17
20.24
26.83
65.93
23.49
78.82
8.92
22.33
10.1
Variance
4.77
6.94
7.88
14.62
77.7
13.0
201.71
4.55
22.14
4.66
Market Risk Adjusted Performance
0.0126
1.02
0.4952
(0.18)
2.86
0.8726
0.3501
(0.70)
(0.40)
0.9996
Risk Adjusted Performance
0.0114
0.0889
0.1195
(0.03)
(0.01)
0.2046
(0.02)
0.1139
0.0653
0.1751
Skewness
1.29
1.43
2.38
(4.77)
(1.76)
2.41
(0.39)
(0.12)
0.69
0.3679
Semi Deviation
1.93
1.96
1.74
N/A
N/A
1.77
N/A
1.88
3.96
1.47
Information Ratio
(0.01)
0.0869
0.124
(0.05)
(0.03)
0.2273
(0.04)
0.1151
0.0619
0.1883
Value At Risk
(2.97)
(3.30)
(3.03)
(3.87)
(8.43)
(3.33)
(15.91)
(2.92)
(5.52)
(2.89)
Expected Short fall
(1.52)
(1.92)
(2.04)
N/A
N/A
(2.80)
N/A
(1.81)
(4.22)
(2.02)
Downside Deviation
2.0
2.19
2.09
N/A
N/A
2.38
N/A
2.24
4.14
1.81
Semi Variance
3.73
3.83
3.02
N/A
N/A
3.14
N/A
3.53
15.68
2.17

Digi International Competition Performance Charts

Five steps to successful analysis of Digi International Competition

Digi International's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Digi International in relation to its competition. Digi International's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Digi International in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Digi International's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Digi International, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Digi International position

In addition to having Digi International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When determining whether Digi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digi International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Digi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digi International Stock:
How To Invest In Digi
Details
Is Digi Stock a good investment?
Details
What is Digi International's Net Worth?
Details
Largest Communications Equipment Companies
View
Largest Technology Hardware & Equipment Companies
View
Check out Digi International Correlation with its peers.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Digi International. If investors know Digi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Digi International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Digi International is measured differently than its book value, which is the value of Digi that is recorded on the company's balance sheet. Investors also form their own opinion of Digi International's value that differs from its market value or its book value, called intrinsic value, which is Digi International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Digi International's market value can be influenced by many factors that don't directly affect Digi International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Digi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digi International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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