Descartes Systems Group Stock Revenue
| DSGX Stock | USD 91.64 1.32 1.46% |
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 | ||
| Total Revenue | 575.2 M | 604 M |
Descartes | Revenue |
Descartes Systems Group Company Revenue Analysis
Descartes Systems' Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Descartes Systems Revenue | 575.23 M |
Most of Descartes Systems' fundamental indicators, such as Revenue, 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.
Historical and Projected quarterly revenue of Descartes
Projected quarterly revenue analysis of Descartes Systems provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Descartes Systems match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Descartes Systems' stock price.
Descartes Revenue 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 Revenue. 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.
| 0.99 | 0.95 | 0.34 | 0.99 | 0.58 | ||
| 0.99 | 0.96 | 0.45 | 0.99 | 0.68 | ||
| 0.95 | 0.96 | 0.42 | 0.96 | 0.64 | ||
| 0.34 | 0.45 | 0.42 | 0.33 | 0.96 | ||
| 0.99 | 0.99 | 0.96 | 0.33 | 0.57 | ||
| 0.58 | 0.68 | 0.64 | 0.96 | 0.57 |
Click cells to compare fundamentals
Descartes Revenue Historical Pattern
Today, most investors in Descartes Systems Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Descartes Systems' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Descartes Systems revenue as a starting point in their analysis.
Descartes Systems Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Descartes Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Descartes Systems Group reported 575.23 M of revenue. This is 85.89% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The revenue for all United States stocks is 93.9% higher than that of the company.
Descartes Revenue 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 Revenue 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 revenue category among related companies.
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 | Bank Of Montreal | 2023-12-31 | 1.5 M | Bmo Capital Markets Corp. | 2023-12-31 | 1.5 M | Geneva Capital Management | 2023-12-31 | 1.5 M | Arrowstreet Capital Limited Partnership | 2023-12-31 | 1.4 M | Norges Bank | 2023-12-31 | 1.1 M | Goldman Sachs Group Inc | 2023-12-31 | 1 M | Franklin Resources Inc | 2023-12-31 | 824.7 K | Td Asset Management Inc | 2023-12-31 | 772.5 K | Riverbridge Partners Llc | 2023-12-31 | 714.9 K | T. Rowe Price Associates, Inc. | 2023-12-31 | 7.3 M | Jarislowsky Fraser Ltd | 2023-12-31 | 4.3 M |
Descartes Fundamentals
| Return On Equity | 0.0992 | ||||
| Return On Asset | 0.0737 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.30 % | ||||
| Current Valuation | 7.38 B | ||||
| Shares Outstanding | 85.18 M | ||||
| Shares Owned By Insiders | 0.02 % | ||||
| Shares Owned By Institutions | 85.54 % | ||||
| Number Of Shares Shorted | 502.63 K | ||||
| Price To Earning | 107.05 X | ||||
| Price To Book | 6.37 X | ||||
| Price To Sales | 13.27 X | ||||
| Revenue | 575.23 M | ||||
| Gross Profit | 372.69 M | ||||
| EBITDA | 236.02 M | ||||
| Net Income | 116.37 M | ||||
| Cash And Equivalents | 189.03 M | ||||
| Cash Per Share | 2.23 X | ||||
| Total Debt | 6.94 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 1.74 X | ||||
| Book Value Per Share | 14.53 X | ||||
| Cash Flow From Operations | 208.47 M | ||||
| Short Ratio | 2.51 X | ||||
| Earnings Per Share | 1.34 X | ||||
| Price To Earnings To Growth | 2.45 X | ||||
| Target Price | 99.24 | ||||
| Beta | 0.75 | ||||
| Market Capitalization | 7.69 B | ||||
| Total Asset | 1.47 B | ||||
| Retained Earnings | 219.41 M | ||||
| Working Capital | 189.06 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.
Descartes Systems Investors Sentiment
The influence of Descartes Systems' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Descartes. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Descartes Systems' public news can be used to forecast risks associated with an investment in Descartes. The trend in average sentiment can be used to explain how an investor holding Descartes can time the market purely based on public headlines and social activities around Descartes Systems Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Descartes Systems' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Descartes Systems' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Descartes Systems' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Descartes Systems.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Descartes Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Descartes Systems' short interest history, or implied volatility extrapolated from Descartes Systems options trading.
Pair Trading with Descartes Systems
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Descartes Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Descartes Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with Descartes Stock
| 0.69 | DJCO | Daily Journal Corp | PairCorr |
| 0.71 | BL | Blackline Financial Report 2nd of May 2024 | PairCorr |
Moving against Descartes Stock
| 0.57 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.55 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
| 0.53 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.53 | DMAN | Innovativ Media Group | PairCorr |
| 0.43 | DT | Dynatrace Holdings LLC Financial Report 15th of May 2024 | PairCorr |
The ability to find closely correlated positions to Descartes Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Descartes Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Descartes Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Descartes Systems Group to buy it.
The correlation of Descartes Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Descartes Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Descartes Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Descartes Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Descartes Systems Piotroski F Score and Descartes Systems Altman Z Score analysis. Note that the Descartes Systems information on this page should be used as a complementary analysis to other Descartes Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Descartes Stock analysis
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.
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Is Descartes Systems' industry 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 Descartes Systems. If investors know Descartes 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 Descartes Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.088 | Earnings Share 1.34 | Revenue Per Share 6.735 | Quarterly Revenue Growth 0.184 | Return On Assets 0.0737 |
The market value of Descartes Systems is measured differently than its book value, which is the value of Descartes that is recorded on the company's balance sheet. Investors also form their own opinion of Descartes Systems' value that differs from its market value or its book value, called intrinsic value, which is Descartes Systems' 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 Descartes Systems' market value can be influenced by many factors that don't directly affect Descartes Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Descartes Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Descartes Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Descartes Systems' 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.