Interested In Dantax A/S (CPH:DANT)? Here's What Its Recent Performance Looks Like
Examining how Dantax A/S (CPSE:DANT) is performing as a company requires looking at more than just a years' earnings. Below, I will run you through a simple sense check to build perspective on how Dantax is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its consumer durables industry peers.
See our latest analysis for Dantax
Commentary On DANT's Past Performance
DANT's trailing twelve-month earnings (from 30 June 2019) of ø6.1m has jumped 12% compared to the previous year.
However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 16%, indicating the rate at which DANT is growing has slowed down. What could be happening here? Well, let's examine what's going on with margins and whether the rest of the industry is facing the same headwind.
In terms of returns from investment, Dantax has fallen short of achieving a 20% return on equity (ROE), recording 8.4% instead. Furthermore, its return on assets (ROA) of 5.4% is below the DK Consumer Durables industry of 5.7%, indicating Dantax's are utilized less efficiently. And finally, its return on capital (ROC), which also accounts for Dantax’s debt level, has declined over the past 3 years from 2.2% to 0.9%.
What does this mean?
While past data is useful, it doesn’t tell the whole story. While Dantax has a good historical track record with positive growth and profitability, there's no certainty that this will extrapolate into the future. I recommend you continue to research Dantax to get a better picture of the stock by looking at:
Future Outlook: What are well-informed industry analysts predicting for DANT’s future growth? Take a look at our free research report of analyst consensus for DANT’s outlook.
Financial Health: Are DANT’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.
NB: Figures in this article are calculated using data from the trailing twelve months from 30 June 2019. This may not be consistent with full year annual report figures.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
