Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

DCD Media

AIM:DCD
Snowflake Description

Flawless balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DCD
AIM
£6M
Market Cap
  1. Home
  2. GB
  3. Media
Company description

DCD Media Plc operates as an independent television production and distribution company in the United Kingdom, rest of Europe, North and South America, and internationally. The last earnings update was 187 days ago. More info.


Add to Portfolio Compare Print
DCD Share Price and Events
7 Day Returns
0%
AIM:DCD
-1.7%
GB Entertainment
-5.4%
GB Market
1 Year Returns
-22.4%
AIM:DCD
-27.5%
GB Entertainment
-25.2%
GB Market
DCD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
DCD Media (DCD) 0% 0% -18.2% -22.4% -8.2% -55.4%
GB Entertainment -1.7% -20.6% -31.2% -27.5% -61.5% -52%
GB Market -5.4% -20.6% -29.1% -25.2% -25.9% -25.1%
1 Year Return vs Industry and Market
  • DCD outperformed the Entertainment industry which returned -27.5% over the past year.
  • DCD outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -25.2% over the past year.
Price Volatility
DCD
Industry
5yr Volatility vs Market

DCD Value

 Is DCD Media undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of DCD Media to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for DCD Media.

AIM:DCD Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.4%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:DCD
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.1%
Entertainment Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.952 (1 + (1- 19%) (0%))
0.968
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (0.968 * 6.07%)
6.41%

Discounted Cash Flow Calculation for AIM:DCD using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for DCD Media is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

AIM:DCD DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 6.41%)
2020 0.21 Est @ -41.75% 0.20
2021 0.15 Est @ -29.07% 0.13
2022 0.12 Est @ -20.19% 0.10
2023 0.10 Est @ -13.97% 0.08
2024 0.09 Est @ -9.62% 0.07
2025 0.09 Est @ -6.58% 0.06
2026 0.08 Est @ -4.44% 0.05
2027 0.08 Est @ -2.95% 0.05
2028 0.08 Est @ -1.91% 0.04
2029 0.08 Est @ -1.18% 0.04
Present value of next 10 years cash flows £0.00
AIM:DCD DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £0.08 × (1 + 0.53%) ÷ (6.41% – 0.53%)
£1.33
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £1.33 ÷ (1 + 6.41%)10
£0.71
AIM:DCD Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £0.00 + £0.71
£0.71
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £0.71 / 2.54
£0.28
AIM:DCD Discount to Share Price
Calculation Result
Value per share (GBP) From above. £0.28
Current discount Discount to share price of £2.25
= -1 x (£2.25 - £0.28) / £0.28
-701.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of DCD Media is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for DCD Media's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are DCD Media's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:DCD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in GBP £0.02
AIM:DCD Share Price ** AIM (2020-04-03) in GBP £2.25
United Kingdom of Great Britain and Northern Ireland Entertainment Industry PE Ratio Median Figure of 10 Publicly-Listed Entertainment Companies 30.92x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.44x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of DCD Media.

AIM:DCD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:DCD Share Price ÷ EPS (both in GBP)

= 2.25 ÷ 0.02

124.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DCD Media is overvalued based on earnings compared to the GB Entertainment industry average.
  • DCD Media is overvalued based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does DCD Media's expected growth come at a high price?
Raw Data
AIM:DCD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 124.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Entertainment Industry PEG Ratio Median Figure of 6 Publicly-Listed Entertainment Companies 2.42x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 518 Publicly-Listed Companies 0.97x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for DCD Media, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on DCD Media's assets?
Raw Data
AIM:DCD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in GBP £1.19
AIM:DCD Share Price * AIM (2020-04-03) in GBP £2.25
United Kingdom of Great Britain and Northern Ireland Entertainment Industry PB Ratio Median Figure of 17 Publicly-Listed Entertainment Companies 1.14x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.07x
AIM:DCD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:DCD Share Price ÷ Book Value per Share (both in GBP)

= 2.25 ÷ 1.19

1.89x

* Primary Listing of DCD Media.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DCD Media is overvalued based on assets compared to the GB Entertainment industry average.
X
Value checks
We assess DCD Media's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Entertainment industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Entertainment industry average (and greater than 0)? (1 check)
  5. DCD Media has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

DCD Future Performance

 How is DCD Media expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as DCD Media has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.6%
Expected Entertainment industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is DCD Media expected to grow at an attractive rate?
  • Unable to compare DCD Media's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare DCD Media's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare DCD Media's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:DCD Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Entertainment Industry Earnings Growth Rate Market Cap Weighted Average 33.6%
United Kingdom of Great Britain and Northern Ireland Entertainment Industry Revenue Growth Rate Market Cap Weighted Average 10.7%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.3%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:DCD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:DCD Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
AIM:DCD Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-06-30 7 0 0
2019-03-31 7 1 0
2018-12-31 7 1 0
2018-06-30 9 0 0
2018-03-31 10 0 0
2017-12-31 10 -1 1
2017-06-30 10 1 1
2017-03-31 9 1 0
2016-12-31 8 1 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if DCD Media is high growth as no earnings estimate data is available.
  • Unable to determine if DCD Media is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:DCD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from DCD Media Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:DCD Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
AIM:DCD Past Financials Data
Date (Data in GBP Millions) EPS *
2019-06-30 0.02
2019-03-31 0.00
2018-12-31 -0.03
2018-06-30 0.11
2018-03-31 0.17
2017-12-31 0.22
2017-06-30 0.28
2017-03-31 0.13
2016-12-31 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if DCD Media will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine DCD Media's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. DCD Media's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Media companies here
  3. DCD Media's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess DCD Media's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
DCD Media has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

DCD Past Performance

  How has DCD Media performed over the past 5 years?

  • DCD Media's last earnings update was 187 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare DCD Media's growth in the last year to its industry (Entertainment).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • DCD Media has delivered over 20% year on year earnings growth in the past 5 years.
  • DCD Media's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • DCD Media's 1-year earnings growth is negative, it can't be compared to the GB Entertainment industry average.
Earnings and Revenue History
DCD Media's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from DCD Media Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:DCD Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 7.23 0.05 1.68
2019-03-31 7.14 -0.01 1.70
2018-12-31 7.05 -0.07 1.72
2018-06-30 8.93 0.28 1.83
2018-03-31 9.58 0.42 1.81
2017-12-31 10.24 0.56 1.79
2017-06-30 9.52 0.71 1.63
2017-03-31 8.84 0.33 1.77
2016-12-31 8.17 -0.05 1.91
2016-06-30 7.93 -2.54 2.64
2016-03-31 9.52 -2.43 2.81
2015-12-31 11.12 -2.32 2.97
2015-06-30 11.02 -0.62 2.71
2015-03-31 10.36 -0.82 2.69
2014-12-31 9.71 -1.03 2.68
2014-06-30 10.11 -2.20 4.12
2014-03-31 11.22 -2.30 4.66
2013-12-31 12.33 -2.41 5.20
2013-06-30 16.10 -0.67 4.62

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • DCD Media has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • DCD Media used its assets less efficiently than the GB Entertainment industry average last year based on Return on Assets.
  • DCD Media has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess DCD Media's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Entertainment industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
DCD Media has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

DCD Health

 How is DCD Media's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up DCD Media's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • DCD Media is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • DCD Media has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of DCD Media's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • DCD Media has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from DCD Media Company Filings, last reported 9 months ago.

AIM:DCD Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 3.02 0.00 2.25
2019-03-31 3.02 0.00 2.25
2018-12-31 2.86 0.00 2.28
2018-06-30 2.98 0.08 1.91
2018-03-31 2.98 0.08 1.91
2017-12-31 2.90 0.07 1.32
2017-06-30 2.80 0.17 1.73
2017-03-31 2.80 0.17 1.73
2016-12-31 2.47 0.63 2.63
2016-06-30 2.06 0.36 1.21
2016-03-31 2.06 0.36 1.21
2015-12-31 2.51 0.54 1.59
2015-06-30 2.37 2.76 2.09
2015-03-31 2.37 2.76 2.09
2014-12-31 2.61 2.86 1.95
2014-06-30 2.51 4.24 2.17
2014-03-31 2.51 4.24 2.17
2013-12-31 3.25 2.24 1.11
2013-06-30 5.27 2.25 2.57
  • DCD Media has no debt.
  • DCD Media has no debt compared to 5 years ago when it was 168.4%.
  • DCD Media has no debt, it does not need to be covered by operating cash flow.
  • DCD Media has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess DCD Media's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. DCD Media has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

DCD Dividends

 What is DCD Media's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from DCD Media dividends.
If you bought £2,000 of DCD Media shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate DCD Media's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate DCD Media's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:DCD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Entertainment Industry Average Dividend Yield Market Cap Weighted Average of 26 Stocks 2.6%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 608 Stocks 5.7%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.4%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.7%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:DCD Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as DCD Media has not reported any payouts.
  • Unable to verify if DCD Media's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of DCD Media's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as DCD Media has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess DCD Media's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can DCD Media afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. DCD Media has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

DCD Management

 What is the CEO of DCD Media's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David C. Craven
COMPENSATION £100,000
AGE 52
TENURE AS CEO 7.5 years
CEO Bio

Mr. David C. M. Craven has been Executive Chairman of DCD Media Plc since January 16, 2014 and its Chief Executive Officer since October 30, 2012. Mr. Craven has been the Chief Executive Officer of Timeweave plc since April 2011. Mr. Craven served as Group Commercial Director of The Tote (Tote (Successor Company) Limited) since January 2005. He served as the Chief Executive Officer of World Gaming PLC from July 15, 2002 to February 4, 2003. He was the Founder and Chief Executive Officer of 24dogs. Mr. Craven served at UK Betting Plc as Director of Business. Mr. Craven began his professional life as a newspaper journalist. After a three year's basic training at an evening newspaper, he served as an Editor of The Glaswegian. Mr. Craven was an Editor - Daily Record and Sunday Mail International before launching the UK's first tabloid Internet newspaper The Daily Record and Sunday Mail in 1994. He has significant management experience in start-up businesses. He was one of the pioneers of commercial Internet publishing and launched Europe Online, followed by LineOne a consumer Internet service from News International and BT and NetChannel, the UK's first TV set top box Internet service. He was the Founding Member of European start-up Chello Broadband where he developed and launched the first Pan-European broadband Internet service. He defined and deployed Interactive TV Services including a betting channel for Chello Broadband parent UPC. Mr. Craven has wide-ranging gaming and gambling experience. He advised various sporting bodies on rights exploitation through gaming. He developed an Interactive Gaming JV with Sony (Who Wants to be a Millionaire, Wheel of Fortune etc.) and at Chello Broadband - developed a betting channel. He was also involved in sponsorship commercial negotiations with Arrows/TWR and UPC. He has been the Chairman of Inspired Capital plc since July 29, 2015. He serves as an Executive Director of Timeweave plc. He serves as a Director of Timeweave Limited, Matchlight Limited, Sportingwins Limited, Timeweave Gaming Limited, Amalgamated Racing Limited, Timeweave Bookmaking and Finance (Holdings) Limited, Timeweave Washosp Limited, Telectronics Systems Limited, Microskill (Services) Limited, Datawest Computer Services Limited, Symtec UK Limited, Timeweave Retail Limited, International Turf Club Limited (media rights management), DCD Media Plc (UK), Sequence Post Ltd, Digital Classics Distribution (Two) Limited, DCD Publishing Limited, Box TV Limited, Box Film Limited, Box TV (Dice) Limited, Pie Shop Productions Limited, Box TV (S&L) Limited, Box TV (Prodco) Limited, Box TV (Production) Limited, Box Film (Boudicca) Limited, Box Film Distribution Limited, Box TV (In Production) Limited, DCD Drama Limited, NBD Holdings Limited, DCD Rights Limited, NBD Pictures Limited, Done and Dusted Group Limited, DCD Productions (UK) Limited, Prospect Pictures Limited, Prospect Cymru Wales Limited, Rize Television Limited, Rize Publishing Limited, Rize International Limited, September Films Limited, September Songs Limited, Breathtaking Limited and Bentley Park (UK) Limited. He served as a Director of Matchlight Limited. Mr. Craven has a Diploma in Journalism from Westminster Press and a Master of Arts from University of Glasgow.

CEO Compensation
  • David C.'s compensation has been consistent with company performance over the past year, both up more than 20%.
  • David C.'s remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

David C. Craven

TITLE
Executive Chairman & CEO
COMPENSATION
£100K
AGE
52
TENURE
7.5 yrs

Nicky Williams

TITLE
Executive Director
COMPENSATION
£177K
AGE
65

Andrew Lindley

TITLE
Company Secretary & Non Executive Director
AGE
48

Robert Palmer

TITLE
Head of the Group Publishing & Licensing Division
Board of Directors Tenure

Average tenure and age of the DCD Media board of directors in years:

6.9
Average Tenure
51
Average Age
  • The tenure for the DCD Media board of directors is about average.
Board of Directors

David C. Craven

TITLE
Executive Chairman & CEO
COMPENSATION
£100K
AGE
52
TENURE
6.3 yrs

Nicky Williams

TITLE
Executive Director
COMPENSATION
£177K
AGE
65
TENURE
5.8 yrs

Andrew Lindley

TITLE
Company Secretary & Non Executive Director
AGE
48
TENURE
7.6 yrs

Neil McMyn

TITLE
Non-Executive Director
COMPENSATION
£25K
AGE
50
TENURE
7.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess DCD Media's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. DCD Media has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

DCD News

Simply Wall St News

Is DCD Media Plc's (LON:DCD) CEO Paid Enough Relative To Peers?

First, this article will compare CEO compensation with compensation at similar sized companies. … Craven's Compensation Compare With Similar Sized Companies? … Craven is paid less than the average total compensation paid by similar sized companies.

Simply Wall St -

Did Changing Sentiment Drive DCD Media's (LON:DCD) Share Price Down By 48%?

Investors in DCD Media Plc (LON:DCD) have tasted that bitter downside in the last year, as the share price dropped 48%. … Longer term investors have fared much better, since the share price is up 14% in three years. … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.

Simply Wall St -

Is DCD Media Plc's (LON:DCD) CEO Pay Fair?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … Craven's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below UK£152m

Simply Wall St -

Can DCD Media Plc (LON:DCD) Maintain Its Strong Returns?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … Our data shows DCD Media has a return on equity of 9.5% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Read This Before You Buy DCD Media Plc (LON:DCD) Because Of Its P/E Ratio

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … To keep it practical, we'll show how DCD Media Plc's (LON:DCD) P/E ratio could help you assess the value on offer. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Should You Worry About DCD Media Plc's (LON:DCD) CEO Pay Check?

Craven's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below UK£155m. … Craven is paid less than the average compensation paid by similar sized companies.

Simply Wall St -

DCD Media Plc (LON:DCD): A Look At Solid Capital Returns

and want a simplistic look at the return on DCD Media Plc (LON:DCD) stock. … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … To understand DCD Media’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

Should You Be Tempted To Sell DCD Media Plc (LON:DCD) Because Of Its PE Ratio?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to begin learning the link between DCD Media Plc (LON:DCD)’s fundamentals and stock market performance. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind

Simply Wall St -

What Should You Know About DCD Media Plc's (LON:DCD) Return On Capital?

To understand DCD Media’s capital returns we will look at a useful metric called return on capital employed. … DCD’s ROCE is calculated below: ROCE Calculation for DCD Return on Capital Employed (ROCE) = Earnings Before Tax (EBT) ÷ (Capital Employed) Capital Employed = (Total Assets - Current Liabilities) ∴ ROCE = UK£651.00K ÷ (UK£12.74M - UK£9.94M) = 23.23% The calculation above shows that DCD’s earnings were 23.23% of capital employed. … Similarly, the movement in the earnings variable shows a jump from -UK£1.15M to UK£651.00K whilst the amount of capital employed has declined in response to a decline in total assets , which means the company has been able to improve ROCE by growing earnings and simultaneously putting less capital to work.

Simply Wall St -

Who Are DCD Media Plc's (LON:DCD) Major Shareholders?

Check out our latest analysis for DCD Media AIM:DCD Ownership_summary May 10th 18 Institutional Ownership DCD's 27.22% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Thus, investors should dig deeper into DCD's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: DCD's considerably high level of institutional ownership calls for further analysis into its margin of safety.

Simply Wall St -

DCD Company Info

Description

DCD Media Plc operates as an independent television production and distribution company in the United Kingdom, rest of Europe, North and South America, and internationally. It operates in two segments, Rights and Licensing, and Production. The Rights and Licensing segment is involved in the sale of distribution rights, DVDs, and music, as well as publishing deals through DCD rights. The Production segment produces television content. The company was founded in 1999 and is headquartered in London, the United Kingdom. DCD Media Plc is a subsidiary of Timeweave Ltd.

Details
Name: DCD Media Plc
DCD
Exchange: AIM
Founded: 1999
£5,710,952
2,538,201
Website: http://www.dcdmedia.co.uk
Address: DCD Media Plc
Winchester House,
9th Floor,
London,
Greater London, NW1 5RA,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM DCD Ordinary Shares London Stock Exchange AIM Market GB GBP 16. Dec 1999
Number of employees
Current staff
Staff numbers
18
DCD Media employees.
Industry
Movies and Entertainment
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 02:42
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2018/06/01
Last earnings filing: 2019/09/30
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.