Descartes Systems Group Stock Net Income
| DSGX Stock | USD 117.25 1.17 1.01% |
Descartes Systems Group fundamentals help investors to digest information that contributes to Descartes Systems' financial success or failures. It also enables traders to predict the movement of Descartes Stock. The fundamental analysis module provides a way to measure Descartes Systems' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Descartes Systems stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 116.4 M | 122.2 M | |
| Net Income Applicable To Common Shares | 117.6 M | 123.4 M | |
| Net Income From Continuing Ops | 115.9 M | 121.7 M | |
| Net Income Per Share | 1.34 | 1.41 | |
| Net Income Per E B T | 0.77 | 1.20 |
Descartes | Net Income |
Descartes Systems Group Company Net Income Analysis
Descartes Systems' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Descartes Systems Net Income | 116.37 M |
Most of Descartes Systems' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Descartes Systems Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Descartes Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Descartes Systems is extremely important. It helps to project a fair market value of Descartes Stock properly, considering its historical fundamentals such as Net Income. Since Descartes Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Descartes Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Descartes Systems' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Descartes Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Descartes Systems Group reported net income of 116.37 M. This is 78.41% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The net income for all United States stocks is 79.62% higher than that of the company.
Descartes Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Descartes Systems' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Descartes Systems could also be used in its relative valuation, which is a method of valuing Descartes Systems by comparing valuation metrics of similar companies.Descartes Systems is currently under evaluation in net income category among its peers.
Descartes Systems Current Valuation Drivers
We derive many important indicators used in calculating different scores of Descartes Systems from analyzing Descartes Systems' financial statements. These drivers represent accounts that assess Descartes Systems' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Descartes Systems' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.7B | 5.3B | 6.2B | 6.2B | 7.6B | 8.0B | |
| Enterprise Value | 3.6B | 5.2B | 6.0B | 5.9B | 7.3B | 7.6B |
Descartes Systems ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Descartes Systems' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Descartes Systems' managers, analysts, and investors.Environmental | Governance | Social |
Descartes Systems Institutional Holders
Institutional Holdings refers to the ownership stake in Descartes Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Descartes Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Descartes Systems' value.| Shares | Bmo Capital Markets Corp. | 2024-06-30 | 1.5 M | Geneva Capital Management | 2024-09-30 | 1.5 M | Amvescap Plc. | 2024-06-30 | 1.4 M | Franklin Resources Inc | 2024-09-30 | 1.4 M | Congress Asset Management Company, Llp | 2024-09-30 | 1.2 M | Norges Bank | 2024-06-30 | 1.1 M | Td Asset Management Inc | 2024-09-30 | 871.6 K | Riverbridge Partners Llc | 2024-09-30 | 866.2 K | Royal Bank Of Canada | 2024-06-30 | 689.3 K | T. Rowe Price Associates, Inc. | 2024-06-30 | 7.3 M | Durable Capital Partners Lp | 2024-09-30 | 3.5 M |
Descartes Fundamentals
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0751 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 9.67 B | ||||
| Shares Outstanding | 85.48 M | ||||
| Shares Owned By Institutions | 87.09 % | ||||
| Number Of Shares Shorted | 560.07 K | ||||
| Price To Earning | 107.05 X | ||||
| Price To Book | 7.56 X | ||||
| Price To Sales | 16.33 X | ||||
| Revenue | 575.23 M | ||||
| Gross Profit | 372.69 M | ||||
| EBITDA | 230.47 M | ||||
| Net Income | 116.37 M | ||||
| Cash And Equivalents | 189.03 M | ||||
| Cash Per Share | 2.23 X | ||||
| Total Debt | 6.98 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 1.74 X | ||||
| Book Value Per Share | 15.35 X | ||||
| Cash Flow From Operations | 208.47 M | ||||
| Short Ratio | 4.71 X | ||||
| Earnings Per Share | 1.47 X | ||||
| Price To Earnings To Growth | 2.11 X | ||||
| Target Price | 109.98 | ||||
| Beta | 0.74 | ||||
| Market Capitalization | 9.92 B | ||||
| Total Asset | 1.47 B | ||||
| Retained Earnings | 220.75 M | ||||
| Working Capital | 214.55 M | ||||
| Current Asset | 75.42 M | ||||
| Current Liabilities | 40.04 M | ||||
| Net Asset | 1.47 B |
About Descartes Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Descartes Systems Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Descartes Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Descartes Systems Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Descartes Systems' price analysis, check to measure Descartes Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Descartes Systems is operating at the current time. Most of Descartes Systems' value examination focuses on studying past and present price action to predict the probability of Descartes Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Descartes Systems' price. Additionally, you may evaluate how the addition of Descartes Systems to your portfolios can decrease your overall portfolio volatility.