Amcon Distributing Company (DIT) AI Stock Analysis

• Market Cap: $76.01M
• Dividend Yield: 0.85%
• Average Volume (3M): 276.00
• Price to Earnings (P/E): 56.6
• Beta (1Y): 0.15
• Revenue Growth: 6.00%
• EPS Growth: -79.17%
• Country: US
• Employees: 1,362
• Sector: Consumer Defensive
• Sector Strength: 47
• Industry: Food Distribution
• EPS (TTM): 2.13
• Shares Outstanding: 645,462
• 10 Day Avg. Volume: 367
• 30 Day Avg. Volume: 276
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 3.52
• Enterprise Value/Revenue: 0.09
• Enterprise Value/Gross Profit: 1.44
• Enterprise Value/Ebitda: 11.38
• 1Y Price Target: $121.00
• Price Target Upside: 2.81% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: $121.00 ▲(2.81% Upside)

The overall stock score of 66 reflects strong financial performance, particularly in cash flow generation and leverage management. However, technical indicators suggest potential bearish trends, and the high P/E ratio indicates possible overvaluation. These factors combined result in a moderate overall score.

Amcon Distributing Company Business Overview & Revenue Model

Company Description

Amcon Distributing Company (DIT) is a leading wholesale distributor based in the United States, primarily serving the convenience store and retail sectors. The company specializes in delivering a wide range of products, including snacks, beverages, tobacco, and general merchandise. Amcon operates through two main segments: wholesale distribution and retail, allowing it to cater to a diverse customer base while focusing on providing high-quality products and exceptional service.

How the Company Makes Money

Amcon Distributing Company generates revenue primarily through wholesale distribution by selling products to convenience stores and retailers at a markup. The company's revenue model is based on bulk purchasing, which allows it to negotiate favorable terms with manufacturers and suppliers. Key revenue streams include the sales of snacks, beverages, and tobacco products, along with general merchandise. Additionally, Amcon benefits from strategic partnerships with leading brands, ensuring a steady supply of in-demand products. The company's retail segment also contributes to its earnings, allowing it to capture direct sales from end consumers. Overall, Amcon's diverse product offerings and established relationships within the industry are significant factors that enhance its profitability.

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.

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
EBITDA	27.37M	33.43M	26.25M	20.92M	12.68M
Net Income	4.34M	11.60M	16.67M	12.19M	5.54M
Balance Sheet
Total Assets	374.11M	363.43M	289.12M	188.41M	188.00M
Cash, Cash Equivalents and Short-Term Investments	672.79K	790.93K	431.58K	519.59K	661.20K
Total Debt	168.84M	177.54M	120.48M	67.45M	84.73M
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: Positive
• Last Price: 117.69
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DIT, the sentiment is Positive. The current price of 117.69 is above the 20-day moving average (MA) of 110.58, above the 50-day MA of 111.65, and below the 200-day MA of 120.68, indicating a neutral trend. The MACD of 1.55 indicates Negative momentum. The RSI at 57.58 is Neutral, neither overbought nor oversold. The STOCH value of 79.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DIT.

Amcon Distributing Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PFGC	78 Outperform	$15.80B	46.62	7.91%	―	8.61%	-22.16%
SYY	73 Outperform	$38.08B	21.34	99.08%	2.60%	3.21%	-4.03%
USFD	68 Neutral	$17.51B	33.19	11.48%	―	5.32%	11.65%
DIT	66 Neutral	$76.01M	56.62	1.18%	0.85%	6.00%	-79.17%
UNFI	66 Neutral	$1.69B	―	-4.11%	―	6.62%	53.12%
Sector *	63 Neutral	$20.42B	14.38	-2.77%	3.17%	2.07%	-6.17%
SPTN	59 Neutral	$906.72M	2,245.98	-2.08%	3.26%	1.54%	-134.75%