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Daseke

Nasdaq:DSKE
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DSKE
Nasdaq
$170M
Market Cap
  1. Home
  2. US
  3. Transportation
Company description

Daseke, Inc. provides transportation and logistics solutions with a focus on flatbed and specialized freight in North America. The last earnings update was 99 days ago. More info.


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  • Daseke has significant price volatility in the past 3 months.
DSKE Share Price and Events
7 Day Returns
-14.1%
NasdaqCM:DSKE
-0%
US Transportation
0.8%
US Market
1 Year Returns
-50%
NasdaqCM:DSKE
15.4%
US Transportation
11%
US Market
DSKE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Daseke (DSKE) -14.1% -4.7% 30.8% -50% - -
US Transportation -0% 5.8% 3.2% 15.4% 66.5% 25.3%
US Market 0.8% 4.3% 6.1% 11% 40.2% 45%
1 Year Return vs Industry and Market
  • DSKE underperformed the Transportation industry which returned 15.4% over the past year.
  • DSKE underperformed the Market in United States of America which returned 11% over the past year.
Price Volatility
DSKE
Industry
5yr Volatility vs Market

DSKE Value

 Is Daseke 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 Daseke 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 Daseke.

NasdaqCM:DSKE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 NasdaqCM:DSKE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Transportation Unlevered Beta Simply Wall St/ S&P Global 0.98
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.982 (1 + (1- 21%) (474.35%))
3.453
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (2 * 5.96%)
14.65%

Discounted Cash Flow Calculation for NasdaqCM:DSKE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Daseke 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.

NasdaqCM:DSKE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 14.65%)
2020 64.22 Analyst x3 56.02
2021 67.55 Est @ 5.17% 51.39
2022 70.54 Est @ 4.44% 46.81
2023 73.31 Est @ 3.93% 42.43
2024 75.93 Est @ 3.57% 38.33
2025 78.44 Est @ 3.32% 34.54
2026 80.91 Est @ 3.14% 31.07
2027 83.35 Est @ 3.02% 27.92
2028 85.79 Est @ 2.93% 25.07
2029 88.25 Est @ 2.87% 22.49
Present value of next 10 years cash flows $376.00
NasdaqCM:DSKE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $88.25 × (1 + 2.73%) ÷ (14.65% – 2.73%)
$760.60
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $760.60 ÷ (1 + 14.65%)10
$193.83
NasdaqCM:DSKE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $376.00 + $193.83
$569.83
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $569.83 / 64.58
$8.82
NasdaqCM:DSKE Discount to Share Price
Calculation Result
Value per share (USD) From above. $8.82
Current discount Discount to share price of $2.63
= -1 x ($2.63 - $8.82) / $8.82
70.2%

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

Current Discount
Amount off the current price Daseke is available for.
Intrinsic value
>50%
Share price is $2.63 vs Future cash flow value of $8.82
Current Discount Checks
For Daseke to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Daseke's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Daseke's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Daseke's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Daseke's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:DSKE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-0.59
NasdaqCM:DSKE Share Price ** NasdaqCM (2019-11-11) in USD $2.63
United States of America Transportation Industry PE Ratio Median Figure of 22 Publicly-Listed Transportation Companies 19.81x
United States of America Market PE Ratio Median Figure of 2,909 Publicly-Listed Companies 18.22x

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

** Primary Listing of Daseke.

NasdaqCM:DSKE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:DSKE Share Price ÷ EPS (both in USD)

= 2.63 ÷ -0.59

-4.45x

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

  • Daseke is loss making, we can't compare its value to the US Transportation industry average.
  • Daseke is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Daseke's expected growth come at a high price?
Raw Data
NasdaqCM:DSKE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
14.7%per year
United States of America Transportation Industry PEG Ratio Median Figure of 21 Publicly-Listed Transportation Companies 1.36x
United States of America Market PEG Ratio Median Figure of 2,014 Publicly-Listed Companies 1.47x

*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 Daseke, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Daseke's assets?
Raw Data
NasdaqCM:DSKE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $5.67
NasdaqCM:DSKE Share Price * NasdaqCM (2019-11-11) in USD $2.63
United States of America Transportation Industry PB Ratio Median Figure of 28 Publicly-Listed Transportation Companies 2.4x
United States of America Market PB Ratio Median Figure of 5,043 Publicly-Listed Companies 1.74x
NasdaqCM:DSKE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:DSKE Share Price ÷ Book Value per Share (both in USD)

= 2.63 ÷ 5.67

0.46x

* Primary Listing of Daseke.

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

  • Daseke is good value based on assets compared to the US Transportation industry average.
X
Value checks
We assess Daseke'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 Transportation 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 Transportation industry average (and greater than 0)? (1 check)
  5. Daseke has a total score of 3/6, 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.

DSKE Future Performance

 How is Daseke expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

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
14.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Daseke expected to grow at an attractive rate?
  • Unable to compare Daseke's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Daseke's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • Daseke's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:DSKE Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:DSKE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 14.7%
NasdaqCM:DSKE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 0.3%
United States of America Transportation Industry Earnings Growth Rate Market Cap Weighted Average 13.2%
United States of America Transportation Industry Revenue Growth Rate Market Cap Weighted Average 6.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*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
NasdaqCM:DSKE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:DSKE Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 1,757 124 -36 5
2019-12-31 1,732 128 -44 5
2019-11-12
NasdaqCM:DSKE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 1,792 131 -38
2019-03-31 1,718 127 -19
2018-12-31 1,613 105 -10
2018-09-30 1,423 66 48
2018-06-30 1,193 61 46
2018-03-31 1,013 58 29
2017-12-31 846 46 22
2017-09-30 739 44 -27
2017-06-30 682 44 -29
2017-03-31 655 52 -23
2016-12-31 652 66 -17
2016-09-30 678 75 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Daseke is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Daseke's revenue is expected to grow by 0.3% yearly, however this is not considered high growth (20% yearly).
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
NasdaqCM:DSKE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Daseke Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:DSKE Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 -0.54 -0.36 -0.66 5.00
2019-12-31 -0.68 -0.56 -0.85 5.00
2019-11-12
NasdaqCM:DSKE Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -0.59
2019-03-31 -0.29
2018-12-31 -0.16
2018-09-30 0.85
2018-06-30 0.92
2018-03-31 0.64
2017-12-31 0.59
2017-09-30 -0.87
2017-06-30 -1.07
2017-03-31 -1.03
2016-12-31 -0.81
2016-09-30 -0.61

*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 Daseke will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Daseke'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 States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Daseke 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.

DSKE Past Performance

  How has Daseke performed over the past 5 years?

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 Daseke's growth in the last year to its industry (Transportation).
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.
  • Daseke does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Daseke's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Daseke's 1-year growth to the US Transportation industry average as it is not currently profitable.
Earnings and Revenue History
Daseke'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 Daseke Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:DSKE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 1,792.18 -38.34 340.35
2019-03-31 1,718.48 -18.64 320.75
2018-12-31 1,613.08 -10.14 292.45
2018-09-30 1,423.31 48.49 255.85
2018-06-30 1,193.05 46.38 223.75
2018-03-31 1,013.47 28.58 201.48
2017-12-31 846.30 22.03 179.70
2017-09-30 739.50 -27.36 165.83
2017-06-30 682.32 -28.69 154.65
2017-03-31 655.36 -23.12 146.35
2016-12-31 651.80 -17.05 143.83
2016-09-30 678.31 -9.66 147.50
2015-12-31 678.85 -1.47 145.04
2014-12-31 542.71 0.27 93.41

*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.
  • It is difficult to establish if Daseke has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Daseke used its assets less efficiently than the US Transportation industry average last year based on Return on Assets.
  • It is difficult to establish if Daseke improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Daseke'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 Transportation 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.
Daseke has a total score of 0/6, 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.

DSKE Health

 How is Daseke'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 Daseke's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Daseke is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Daseke's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Daseke'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.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.5x debt.
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 Daseke Company Filings, last reported 4 months ago.

NasdaqCM:DSKE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 431.00 673.20 63.70
2019-03-31 437.60 673.70 62.40
2018-12-31 447.00 667.96 45.97
2018-09-30 468.52 650.02 18.08
2018-06-30 462.26 608.93 78.73
2018-03-31 434.38 608.93 182.70
2017-12-31 351.23 617.36 90.68
2017-09-30 257.92 417.82 112.51
2017-06-30 186.66 341.54 41.58
2017-03-31 187.97 275.28 38.55
2016-12-31 103.06 334.34 3.70
2016-09-30 114.83 351.79 4.77
2015-12-31 120.05 364.19 4.89
2014-12-31
  • Daseke's level of debt (156.2%) compared to net worth is high (greater than 40%).
  • Unable to establish if Daseke's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Daseke has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Daseke has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.8% per year.
X
Financial health checks
We assess Daseke'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. Daseke has a total score of 3/6, 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.

DSKE Dividends

 What is Daseke'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 Daseke dividends.
If you bought $2,000 of Daseke 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 Daseke's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Daseke'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
NasdaqCM:DSKE 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 5 Analyst Estimates (S&P Global) See Below
United States of America Transportation Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 1.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1942 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

NasdaqCM:DSKE Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
2019-11-12

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

  • Unable to perform a dividend volatility check as Daseke has not reported any payouts.
  • Unable to verify if Daseke's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Daseke's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Daseke 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 Daseke's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Daseke afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Daseke 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.

DSKE Management

 What is the CEO of Daseke'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
Chris Easter
TENURE AS CEO 0.3 years
CEO Bio

Mr. Christopher R. Easter also known as Chris, serves as the Chief Operating Officer of Daseke, Inc. since January 17, 2019 and Interim Chief Executive Officer since August 15, 2019. He has more than 30 years of operational leadership serving in key transportation and logistics roles with the United States Army, Walmart and Schneider National. He served as the Chief Operating Officer and President at Keen Transport, Inc. since November 12, 2012. Mr. Easter served as the Vice President of South Region at RoadLink USA National, LLC since October 2007. Mr. Easter joined RoadLink from Schneider Logistics, where he served as Vice President of Intermodal Operations and worked for Wal-Mart Stores, Inc. He began his career as an officer in the U.S. Army with a variety of transportation and logistics responsibilities. He then served with distinction in the U.S. Army, where he was a leader in heavy machinery logistics. Easter was awarded the Bronze Star during Operation Desert Storm. He is a graduate of the United States Military Academy at West Point.

CEO Compensation
  • Insufficient data for Chris to compare compensation growth.
  • Insufficient data for Chris to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Daseke management team in years:

2.2
Average Tenure
62
Average Age
  • The tenure for the Daseke management team is about average.
Management Team

Brian Bonner

TITLE
Executive Chairman
COMPENSATION
$50K
AGE
62

Don Daseke

TITLE
Founder & Chairman Emeritus
COMPENSATION
$450K
AGE
79
TENURE
11 yrs

Angie Moss

TITLE
Senior VP
COMPENSATION
$274K
AGE
59
TENURE
2.8 yrs

Chris Easter

TITLE
Interim CEO & COO
TENURE
0.3 yrs

David Bizzaro

TITLE
Interim Chief Financial Officer

Soumit Roy

TITLE
General Counsel
TENURE
2.2 yrs

Derek Blount

TITLE
Senior Vice President
TENURE
2.4 yrs

Matt Cacace

TITLE
Senior Vice President of Business Systems
TENURE
0.9 yrs

Amanda Hemker

TITLE
VP & Corporate Controller
TENURE
0.5 yrs
Board of Directors Tenure

Average tenure and age of the Daseke board of directors in years:

0.4
Average Tenure
57
Average Age
  • The average tenure for the Daseke board of directors is less than 3 years, this suggests a new board.
Board of Directors

Dan Hennessy

TITLE
Independent Vice Chairman
AGE
62
TENURE
2.8 yrs

Brian Bonner

TITLE
Executive Chairman
COMPENSATION
$50K
AGE
62
TENURE
0.3 yrs

Don Daseke

TITLE
Founder & Chairman Emeritus
COMPENSATION
$450K
AGE
79
TENURE
0.3 yrs

Kevin Charlton

TITLE
Independent Director
AGE
53
TENURE
2.8 yrs

Jonathan Shepko

TITLE
Independent Director
AGE
41
TENURE
2.8 yrs

Chuck Serianni

TITLE
Independent Director
AGE
57
TENURE
0.4 yrs

Ena Williams

TITLE
Independent Director
TENURE
0.4 yrs

Kim Warmbier

TITLE
Independent Director
AGE
57
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Daseke individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
17. Sep 19 Buy Charles Serianni Individual 13. Sep 19 13. Sep 19 10,000 $3.43 $34,300
13. Sep 19 Buy Ena Williams Individual 13. Sep 19 13. Sep 19 22,000 $3.36 $74,019
09. Aug 19 Buy Mark Sinclair Individual 07. Aug 19 07. Aug 19 15,000 $2.25 $33,750
08. Aug 19 Buy Christopher Easter Individual 07. Aug 19 07. Aug 19 20,000 $2.17 $43,360
14. Dec 18 Buy Don Daseke Individual 13. Dec 18 13. Dec 18 76,000 $3.39 $257,974
13. Dec 18 Buy Ronald Gafford Individual 12. Dec 18 12. Dec 18 5,000 $3.54 $17,691
07. Dec 18 Buy Mark Sinclair Individual 04. Dec 18 04. Dec 18 10,000 $3.77 $37,665
X
Management checks
We assess Daseke'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. Daseke 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.

DSKE News

Simply Wall St News

Do Institutions Own Daseke, Inc. (NASDAQ:DSKE) Shares?

As Charlie Munger said 'Show me the incentive and I will show you the outcome.' Daseke is a smaller company with a market capitalization of US$143m, so it may still be flying under the radar of many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that institutional investors have bought into the company. … As you can see, institutional investors own 64% of Daseke.

Simply Wall St -

We Think Daseke (NASDAQ:DSKE) In Taking Some Risk With Its Debt

NasdaqCM:DSKE Historical Debt, July 24th 2019 How Strong Is Daseke's Balance Sheet? … Since Daseke does have net debt, we think it is worthwhile for shareholders to keep an eye on the balance sheet, over time. … When analysing debt levels, the balance sheet is the obvious place to start.

Simply Wall St -

Does Daseke, Inc. (NASDAQ:DSKE) Have A Particularly Volatile Share Price?

(NASDAQ:DSKE), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Given that it has a beta of 1.61, we can surmise that the Daseke share price has been fairly sensitive to market volatility (over the last 5 years).

Simply Wall St -

Such Is Life: How Daseke (NASDAQ:DSKE) Shareholders Saw Their Shares Drop 53%

View our latest analysis for Daseke Daseke isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … If you are thinking of buying or selling Daseke stock, you should check out this free report showing analyst profit forecasts. … Daseke is not the only stock that insiders are buying.

Simply Wall St -

Have Insiders Been Buying Daseke, Inc. (NASDAQ:DSKE) Shares This Year?

So we'll take a look at whether insiders have been buying or selling shares in Daseke, Inc. … Daseke Insider Transactions Over The Last Year. … In the last twelve months, the biggest single purchase by an insider was when Founder Don Daseke bought US$258k worth of shares at a price of US$3.39 per share.

Simply Wall St -

Do Insiders Own Lots Of Shares In Daseke, Inc. (NASDAQ:DSKE)?

Generally speaking, as a company grows, institutions will increase their ownership. … Conversely, insiders often decrease their ownership over time. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

The Daseke Share Price Is Down 53% So Some Shareholders Are Wishing They Sold

Like an arid lake in a warming world, shareholder value has evaporated, with the share price down 53% in that time. … While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

Simply Wall St -

Is Daseke Inc (NASDAQ:DSKE) Attractive At This PE Ratio?

While this makes DSKE appear like a great stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio. … I will explain what the P/E ratio is as well as what you should look out for when using it … Breaking down the Price-Earnings ratio

Simply Wall St -

How Financially Strong Is Daseke Inc (NASDAQ:DSKE)?

How does DSKE’s operating cash flow stack up against its debt? … Additionally, DSKE has generated cash from operations of US$45.76M in the last twelve months, leading to an operating cash to total debt ratio of 7.41%, indicating that DSKE’s operating cash is not sufficient to cover its debt. … In DSKE's, case, the ratio of 0.29x suggests that interest is not strongly covered, which means that lenders may refuse to lend the company more money, as it is seen as too risky in terms of default.Next Steps: DSKE’s debt and cash flow levels indicate room for improvement.

Simply Wall St -

DSKE Company Info

Description

Daseke, Inc. provides transportation and logistics solutions with a focus on flatbed and specialized freight in North America. It operates through two segments, Flatbed Solutions and Specialized Solutions. The company transports aircraft parts, manufacturing equipment, structural steel, pressure vessels, wind turbine blades, heavy machinery, commercial glass, high security cargo, arms, ammunition and explosives, lumber, and building and construction materials. It also provides industrial warehousing space. As of March 8, 2019, the company operated a fleet of approximately 6,000 tractors and 13,000 flatbed and specialized trailers. Daseke, Inc. is headquartered in Addison, Texas.

Details
Name: Daseke, Inc.
DSKE
Exchange: NasdaqCM
Founded:
$169,853,989
64,583,266
Website: http://www.daseke.com
Address: Daseke, Inc.
15455 Dallas Parkway,
Suite 550,
Addison,
Texas, 75001,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM DSKE Common Stock Nasdaq Capital Market US USD 28. Feb 2017
DB 1VG Common Stock Deutsche Boerse AG DE EUR 28. Feb 2017
Number of employees
Current staff
Staff numbers
5,880
Daseke employees.
Industry
Trucking
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/12 00:24
End of day share price update: 2019/11/11 00:00
Last estimates confirmation: 2019/10/10
Last earnings filing: 2019/08/05
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.