Financials Dayforce, Inc.

Equities

DAY

US15677J1088

Software

Market Closed - Nyse 04:00:02 2024-04-12 pm EDT 5-day change 1st Jan Change
60.64 USD -3.39% Intraday chart for Dayforce, Inc. -0.66% -9.65%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,773 15,750 15,808 9,853 10,354 9,433 - -
Enterprise Value (EV) 1 10,169 16,229 16,573 10,642 11,000 9,940 9,728 9,353
P/E ratio 128 x -3,552 x -209 x -134 x 192 x 79.6 x 51.1 x 32.8 x
Yield - - - - - - - -
Capitalization / Revenue 11.9 x 18.7 x 15.4 x 7.91 x 6.84 x 5.46 x 4.78 x 4.12 x
EV / Revenue 12.3 x 19.3 x 16.2 x 8.54 x 7.27 x 5.76 x 4.93 x 4.08 x
EV / EBITDA 55.1 x 102 x 102 x 42.5 x 26.8 x 20.3 x 16.6 x 12.9 x
EV / FCF 296 x -336 x 444 x 94.7 x 54.9 x 48.5 x 36.3 x 32.3 x
FCF Yield 0.34% -0.3% 0.23% 1.06% 1.82% 2.06% 2.75% 3.1%
Price to Book 5.21 x 7.55 x 7.13 x 4.68 x 4.44 x 3.76 x 3.49 x 2.9 x
Nbr of stocks (in thousands) 143,978 147,803 151,331 153,595 154,254 155,562 - -
Reference price 2 67.88 106.6 104.5 64.15 67.12 60.64 60.64 60.64
Announcement Date 2/5/20 2/9/21 2/9/22 2/8/23 2/7/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 824.1 842.5 1,024 1,246 1,514 1,726 1,973 2,290
EBITDA 1 184.6 159 162.5 250.4 410.2 489.3 587.2 723.9
EBIT 1 132.7 110.9 86.7 196.2 339.8 384.2 471.8 584.8
Operating Margin 16.1% 13.16% 8.47% 15.74% 22.45% 22.25% 23.91% 25.53%
Earnings before Tax (EBT) 1 34.3 -20 -90.3 -62.9 96 161.6 265.8 402.2
Net income 1 78.7 -4 -75.4 -73.4 54.8 111 173.6 288.4
Net margin 9.55% -0.47% -7.36% -5.89% 3.62% 6.43% 8.8% 12.59%
EPS 2 0.5300 -0.0300 -0.5000 -0.4800 0.3500 0.7617 1.187 1.849
Free Cash Flow 1 34.3 -48.3 37.3 112.4 200.5 205.1 267.9 290
FCF margin 4.16% -5.73% 3.64% 9.02% 13.25% 11.88% 13.58% 12.66%
FCF Conversion (EBITDA) 18.58% - 22.95% 44.89% 48.88% 41.91% 45.62% 40.06%
FCF Conversion (Net income) 43.58% - - - 365.88% 184.79% 154.34% 100.57%
Dividend per Share 2 - - - - - - - -
Announcement Date 2/5/20 2/9/21 2/9/22 2/8/23 2/7/24 - - -
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 1 257.2 282.1 293.3 301.2 315.6 336.1 370.6 365.9 377.5 399.7 425.9 417.6 429.8 452.5 479.4
EBITDA 1 39.4 38.7 57.4 61.8 63.5 67.7 105.4 98.4 107.2 99.2 123.9 117.7 124.1 123 143.4
EBIT 1 18.9 18.8 44.4 50 50.1 51.7 88.5 83 89.4 78.9 98.68 92.49 97.21 94.86 118.8
Operating Margin 7.35% 6.66% 15.14% 16.6% 15.87% 15.38% 23.88% 22.68% 23.68% 19.74% 23.17% 22.15% 22.62% 20.96% 24.79%
Earnings before Tax (EBT) 1 -29.4 -10.5 -24.4 -19 -17 -2.5 28.4 19.6 12.5 35.5 44.5 37.81 46.24 35.83 56.65
Net income 1 -20.9 -9.5 -27.4 -19.8 -21 -5.2 9.9 3.1 -3.8 45.6 28.65 23.8 27.89 27.58 37.79
Net margin -8.13% -3.37% -9.34% -6.57% -6.65% -1.55% 2.67% 0.85% -1.01% 11.41% 6.73% 5.7% 6.49% 6.09% 7.88%
EPS 2 -0.1400 -0.0600 -0.1800 -0.1300 -0.1400 -0.0300 0.0600 0.0200 -0.0200 0.2900 0.1955 0.1625 0.1892 0.1905 0.2514
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/3/21 2/9/22 5/4/22 8/3/22 11/2/22 2/8/23 5/3/23 8/2/23 11/1/23 2/7/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 396 480 765 789 647 507 294 -
Net Cash position 1 - - - - - - - 79.9
Leverage (Debt/EBITDA) 2.144 x 3.016 x 4.709 x 3.149 x 1.576 x 1.036 x 0.5011 x -
Free Cash Flow 1 34.3 -48.3 37.3 112 201 205 268 290
ROE (net income / shareholders' equity) 4.5% 3.67% 1.87% -3.38% 10.6% 10.2% 12.3% 13%
ROA (Net income/ Total Assets) 1.39% 1.14% 0.58% -0.97% 2.73% 1.42% 2.23% 3.38%
Assets 1 5,667 -349.8 -12,940 7,541 2,006 7,792 7,798 8,526
Book Value Per Share 2 13.00 14.10 14.70 13.70 15.10 16.10 17.40 20.90
Cash Flow per Share 2 0.3400 -0.2100 0.3200 0.8700 1.380 1.410 2.130 3.240
Capex 1 16.3 18.1 11.5 20.2 19 19.2 22.7 18.9
Capex / Sales 1.98% 2.15% 1.12% 1.62% 1.26% 1.11% 1.15% 0.82%
Announcement Date 2/5/20 2/9/21 2/9/22 2/8/23 2/7/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
60.64 USD
Average target price
77.94 USD
Spread / Average Target
+28.53%
Consensus
  1. Stock Market
  2. Equities
  3. DAY Stock
  4. Financials Dayforce, Inc.