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DigitalX is a software-infrastructure business based in Australia. DigitalX shares (DCC) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollar. DigitalX has a trailing 12-month revenue of around $10 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $0.048 - $0.1575 |
|---|---|
| 50-day moving average | $0.0987 |
| 200-day moving average | $0.0756 |
| Target price | $0.33 |
| PE ratio | 9.2222 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $0.009 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$0.075
| 1 week (2022-01-20) | -14.77% |
|---|---|
| 1 month (2021-12-24) | -25.00% |
| 3 months (2021-10-27) | -31.82% |
| 6 months (2021-07-27) | 36.36% |
| 1 year (2021-01-27) | 7.14% |
|---|---|
| 2 years (2020-01-24) | 150.00% |
| 3 years (2019-01-25) | 70.45% |
| 5 years (2017-01-27) | 114.29% |
Valuing DigitalX stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of DigitalX's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
DigitalX's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, DigitalX shares trade at around 9x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
DigitalX's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $6 million (£0.0 million).
The EBITDA is a measure of a DigitalX's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $10 million |
|---|---|
| Operating margin TTM | 58.28% |
| Gross profit TTM | $8.6 million |
| Return on assets TTM | 10.7% |
| Return on equity TTM | 19.88% |
| Profit margin | 67.67% |
| Book value | 0.058 |
| Market capitalisation | $61.6 million |
TTM: trailing 12 months
We're not expecting DigitalX to pay a dividend over the next 12 months.
DigitalX's shares were split on a 1:5 basis on 12 May 2014. So if you had owned 5 shares the day before the split, the next day you would own 1 share. This wouldn't directly have changed the overall worth of your DigitalX shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for DigitalX shares which in turn could have impacted DigitalX's share price.
Over the last 12 months, DigitalX's shares have ranged in value from as little as $0.048 up to $0.1575. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while DigitalX's is 3.205. This would suggest that DigitalX's shares are significantly more volatile than the average for this exchange and represent a higher risk.
DigitalX Limited provides blockchain product development and digital asset funds management services in Australia. It operates through Blockchain Consulting and Development, and Asset Management segments. The Blockchain Consulting segment offers consulting, technical due diligence, and design and development solutions to businesses. The Asset Management segment operates digital assets portfolio under the DigitalX Fund and DigitalX BTC Fund for high net worth and institutional investors. The company was formerly known as Digital CC Limited and changed its name to DigitalX Limited in December 2015. DigitalX Limited was incorporated in 1988 and is headquartered in West Perth, Australia.
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