Amcon Distributing Company (DIT) AI Stock Analysis

• Market Cap: $67.78M
• Dividend Yield: 0.66%
• Average Volume (3M): 242.00
• Price to Earnings (P/E): 43.7
• Beta (1Y): 0.09
• Revenue Growth: 6.03%
• EPS Growth: -83.00%
• Country: US
• Employees: 1,362
• Sector: Consumer Defensive
• Sector Strength: 92
• Industry: Food Distribution
• EPS (TTM): 2.40
• Shares Outstanding: 645,462
• 10 Day Avg. Volume: 278
• 30 Day Avg. Volume: 242
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 3.96
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 1.47
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Amcon Distributing Company shows strong revenue growth and a solid balance sheet, but faces challenges with declining profitability and cash flow issues. Technical indicators suggest bearish momentum, and the high P/E ratio poses valuation risks. The company needs to manage profitability and debt levels strategically to improve investor confidence.

Amcon Distributing Company Business Overview & Revenue Model

Company Description

Amcon Distributing Company (DIT) is a leading wholesale distributor of consumer products, specializing in the distribution of consumer packaged goods, including beverages, tobacco, candy, frozen and chilled products, groceries, and health and beauty care products. The company serves a diverse range of retail outlets, including convenience stores, grocery stores, and other retailers across the United States. Amcon Distributing Company is known for its extensive product portfolio and efficient supply chain operations, catering to the needs of its retail partners with a comprehensive selection of products.

How the Company Makes Money

Amcon Distributing Company generates revenue primarily through the wholesale distribution of consumer products to a wide array of retail outlets. Its key revenue streams include the sale of beverages, tobacco, candy, and other consumer packaged goods to convenience stores, grocery stores, and other retailers. The company's revenue is heavily reliant on its extensive network of suppliers and its ability to maintain strong relationships with both suppliers and retail partners. Additionally, economies of scale from bulk purchasing and efficient distribution logistics contribute to its profitability. Amcon Distributing Company also benefits from its strategic partnerships with major consumer goods manufacturers, enabling it to offer a diverse range of products to its customers.

Amcon Distributing Company Financial Statement Overview

Summary

Amcon Distributing Company demonstrates solid revenue growth and operational efficiency, but faces challenges with declining net profitability and free cash flow generation in the TTM period. The company maintains a stable balance sheet with manageable leverage, although rising debt levels could pose future risks. Overall, the financial statements indicate a need for strategic management of cash flows and profitability to sustain growth.

Income Statement

Amcon Distributing Company shows strong revenue growth with a 10.4% increase from 2023 to TTM, and a solid gross profit margin of 6.6% for TTM. However, net profit margin declined to 0.05% due to lower net income. The EBIT and EBITDA margins are relatively stable, indicating efficient operational performance despite recent profit challenges.

Balance Sheet

The balance sheet reflects a stable equity position with a debt-to-equity ratio of 0.31, suggesting manageable leverage. Equity ratio is also favorable at 28.4%, indicating a strong asset base. However, recent increases in total debt warrant monitoring for potential future risks.

Cash Flow

Cash flow analysis reveals a decrease in free cash flow, impacted by increased capital expenditures, resulting in negative free cash flow for TTM. Operating cash flow to net income ratio is strong at 5.84, signaling good cash generation relative to net income. The free cash flow to net income ratio is negative due to the drop in free cash flow.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
2.71B	2.54B	2.01B	1.67B	1.52B
	Gross Profit
182.35M	170.84M	127.72M	100.55M	87.73M
	EBIT
17.98M	25.97M	22.60M	17.82M	9.08M
	EBITDA
27.37M	33.43M	26.25M	20.92M	12.68M
	Net Income Common Stockholders
4.34M	11.60M	16.67M	12.19M	5.54M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
672.79K	790.93K	431.58K	519.59K	661.20K
	Total Assets
374.11M	363.43M	289.12M	188.41M	188.00M
	Total Debt
168.84M	177.54M	120.48M	67.45M	84.73M
	Net Debt
168.17M	176.75M	120.05M	66.93M	84.07M
	Total Liabilities
262.38M	259.26M	196.30M	110.80M	123.21M
	Stockholders Equity
111.73M	104.17M	92.83M	77.61M	64.79M
Cash Flow		Free Cash Flow
47.44M	8.16M	8.20M	19.41M	11.85M
	Operating Cash Flow
67.87M	19.72M	22.89M	20.94M	15.20M
	Investing Cash Flow
-42.11M	-66.27M	-14.36M	-1.47M	-13.31M
	Financing Cash Flow
-25.88M	46.91M	-8.62M	-19.61M	-1.57M

Amcon Distributing Company Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 108.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DIT, the sentiment is Negative. The current price of 108.55 is below the 20-day moving average (MA) of 117.87, below the 50-day MA of 124.67, and below the 200-day MA of 133.36, indicating a bearish trend. The MACD of -2.95 indicates Positive momentum. The RSI at 38.06 is Neutral, neither overbought nor oversold. The STOCH value of 54.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DIT.

Amcon Distributing Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
USFD	76 Outperform	$14.93B	32.14	10.65%	―	6.41%	-2.01%
PFGC	75 Outperform	$12.41B	32.01	9.54%	―	3.85%	-9.74%
SYY	73 Outperform	$34.45B	18.09	87.49%	2.86%	3.95%	-5.04%
Sector *	64 Neutral	$9.24B	14.61	4.35%	185.59%	3.94%	5.78%
SPTN	63 Neutral	$669.82M	2,274.71	0.04%	4.37%	-2.66%	8.18%
DIT	58 Neutral	$67.78M	43.72	1.35%	0.66%	6.03%	-83.00%
UNFI	53 Neutral	$1.59B	―	-4.94%	―	4.73%	29.70%