DCC PLC (GB:DCC)
LSE:DCC
Want to see GB:DCC full AI Analyst Report?
Top Page
DCC plc
(LSE:DCC)
Select Model
Select Model
Rating:69Neutral
Price Target:
6,439.00 p
▲(21.72% Upside)
Action:DowngradedDate:04/30/26
The score is driven primarily by solid underlying financial quality (notably cash generation) despite declining revenue/profitability and lower ROE. The earnings call supports confidence via maintained guidance, a focused strategy, and sizable capital returns, while technicals are strong but overbought signals add short-term risk. Valuation is mixed due to the negative P/E, partially offset by the dividend yield.
Positive Factors
Strong cash generation
DCC's sustained operating cash flow and positive free cash flow to net income ratio provide durable financial flexibility. Over 2–6 months this supports funding for bolt-on energy acquisitions, dividend/tender activity and working capital through cycles, reducing refinancing risk and enabling strategic moves.
Negative Factors
Revenue and profit decline
Material declines in revenue and net income show structural top-line and conversion pressure across divisions. If sustained, this reduces operating leverage, constrains reinvestment capacity and puts more reliance on acquisitions and margin recovery to restore historical profitability levels over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation
DCC's sustained operating cash flow and positive free cash flow to net income ratio provide durable financial flexibility. Over 2–6 months this supports funding for bolt-on energy acquisitions, dividend/tender activity and working capital through cycles, reducing refinancing risk and enabling strategic moves.
Read all positive factors
DCC plc (DCC) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£4.96B
Dividend Yield4.43%
Average Volume (3M)318.04K
Price to Earnings (P/E)―
Beta (1Y)1.27
Revenue Growth-17.89%
EPS Growth-122.62%
CountryUK
Employees16,700
SectorEnergy
Sector Strength52
IndustryOil & Gas Refining & Marketing
Share Statistics
EPS (TTM)-0.76
Shares Outstanding85,424,130
10 Day Avg. Volume206,953
30 Day Avg. Volume318,038
Financial Highlights & Ratios
PEG Ratio-7.36
Price to Book (P/B)1.84
Price to Sales (P/S)0.29
P/FCF Ratio11.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£6,200.00Price Target Upside17.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)5.04
Revenue Forecast (FY)£16.11B
DCC plc Business Overview & Revenue Model
Company Description
DCC plc provides sales, marketing, and support services worldwide. The company's DCC LPG segment sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas. Its DCC Retail & Oil segment markets, sells, and retails transport and...
How the Company Makes Money
DCC primarily makes money by acting as a specialist distributor and service provider across its operating divisions, earning revenue from the sale and delivery of products and from associated services. In its energy activities, it generates revenu...
DCC plc Earnings Call Summary
Earnings Call Date:Nov 11, 2025
(Q2-2026)
| % Change Since: |
Next Earnings Date:May 19, 2026
Earnings Call Sentiment Neutral
The call highlighted significant strategic progress in simplifying the business and focusing on the energy sector, with positive developments in shareholder returns and acquisitions. However, challenges in revenue and profit declines, particularly in the Energy Products and DCC Technology segments, balanced the positive outlook.Positive Updates
Strategic Simplification Progress
Significant progress in simplifying DCC by focusing on energy business and completing the planned changes. Sale of DCC Healthcare and Info Tech business completed, with a tender offer for GBP 600 million to shareholders.
Negative Updates
Revenue and Operating Profit Decline
Revenue decreased from GBP 7.9 billion to GBP 7.4 billion, with a 5.4% drop in operating profit due to lower energy volumes and a 15% decline in commodity prices.
Read all updates
Q2-2026 Updates
Positive
Negative
Strategic Simplification Progress
Significant progress in simplifying DCC by focusing on energy business and completing the planned changes. Sale of DCC Healthcare and Info Tech business completed, with a tender offer for GBP 600 million to shareholders.
Read all positive updates
Company Guidance
In the call, DCC provided guidance for fiscal year 2026, highlighting a strategic focus on their energy business, aiming for double-digit growth in earnings by 2030. They maintained their guidance for the year, expecting good operating profit growth, with organic growth projected at 3% to 4% and acquisition growth at 6% to 8% per annum. The company emphasized its strong market positions, targeting higher returns on capital employed in the high teens and converting approximately 90% of profits into cash. DCC also outlined plans for substantial capital returns to shareholders, including a GBP 600 million tender offer following the sale of DCC Healthcare. Despite a 5.4% decline in operating profit for the first half of FY26, the company remains confident in achieving its long-term strategic goals, supported by a robust balance sheet and strong cash generation.DCC plc Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
68
Positive
Cash Flow
75
Positive
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.07B | 18.01B | 19.86B | 17.73B | 13.41B | 14.76B |
| Gross Profit | 2.03B | 2.40B | 2.60B | 2.04B | 1.82B | 1.74B |
| EBITDA | 633.78M | 785.73M | 882.88M | 770.47M | 707.32M | 640.99M |
| Net Income | -73.31M | 206.49M | 326.25M | 312.37M | 292.62M | 245.51M |
Balance Sheet | ||||||
| Total Assets | 8.23B | 9.26B | 9.48B | 9.56B | 8.03B | 7.92B |
| Cash, Cash Equivalents and Short-Term Investments | 1.33B | 1.09B | 1.11B | 1.39B | 1.79B | 1.79B |
| Total Debt | 2.22B | 2.28B | 2.31B | 2.34B | 2.09B | 2.39B |
| Total Liabilities | 5.52B | 6.09B | 6.30B | 6.59B | 5.33B | 5.38B |
| Stockholders Equity | 2.61B | 3.07B | 3.09B | 2.91B | 2.65B | 2.49B |
Cash Flow | ||||||
| Free Cash Flow | 413.75M | 367.73M | 491.67M | 257.42M | 564.89M | 348.09M |
| Operating Cash Flow | 628.26M | 582.03M | 722.02M | 451.77M | 727.77M | 529.11M |
| Investing Cash Flow | 603.76M | -338.14M | -525.29M | -867.43M | -391.52M | -319.50M |
| Financing Cash Flow | -476.82M | -180.89M | -472.75M | 21.49M | -256.63M | -15.46M |
DCC plc Technical Analysis
Positive
5290.00
Price Trends
4910.30
Positive
4825.21
Positive
4777.37
Positive
Market Momentum
117.07
Negative
72.55
Negative
93.04
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:DCC, the sentiment is Positive. The current price of 5290 is above the 20-day moving average (MA) of 4830.95, above the 50-day MA of 4910.30, and above the 200-day MA of 4777.37, indicating a bullish trend. The MACD of 117.07 indicates Negative momentum. The RSI at 72.55 is Negative, neither overbought nor oversold. The STOCH value of 93.04 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:DCC.
DCC plc Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | £3.55B | 28.81 | 8.95% | 5.64% | 49.70% | -5.56% | |
70 Outperform | £4.40B | 26.07 | -3.13% | 14.05% | 41.95% | -140.18% | |
69 Neutral | £4.96B | -6.39 | -2.58% | 4.43% | -17.89% | -122.62% | |
69 Neutral | £5.33B | -136.53 | -4.05% | 8.77% | 57.55% | -54.80% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
65 Neutral | £62.49M | 23.11 | 6.02% | 6.59% | -5.21% | -33.93% | |
63 Neutral | £893.55M | 0.70 | 40.22% | 10.49% | ― | ― |
* Energy Sector Average
GB:DCC
DCC plc
5,805.00
1,085.17
22.99%
GB:DEC
Diversified Energy Company
1,188.00
301.38
33.99%
GB:NWF
NWF Group plc
126.00
-38.34
-23.33%
GB:HBR
Harbour Energy
293.00
142.08
94.15%
GB:SEPL
SEPLAT Petroleum Development
592.00
401.28
210.40%
GB:ITH
Ithaca Energy PLC
266.00
146.75
123.06%
DCC plc Corporate Events
Executive/Board ChangesRegulatory Filings and Compliance
DCC Director Lily Liu to Become CFO of Umicore
Positive
Apr 30, 2026
DCC plc said non-executive director Lily Liu has been appointed chief financial officer of Belgian materials technology group Umicore, effective 1 August 2026. The move underscores ongoing board-level changes at DCC but the company has not indicat...
Business Operations and StrategyM&A TransactionsRegulatory Filings and Compliance
DCC Rejects £58-a-Share Approach From Energy Capital Partners and KKR
Neutral
Apr 30, 2026
DCC plc has rejected an unsolicited, indicative and conditional cash proposal from a consortium comprising Energy Capital Partners and KKR to acquire the company at 5,800 pence per share, with the offer assuming no further dividends. The board, ad...
Business Operations and StrategyM&A TransactionsRegulatory Filings and Compliance
DCC Confirms Indicative Takeover Approach From ECP–KKR Consortium
Neutral
Apr 29, 2026
DCC plc has confirmed it received an indicative all-cash proposal from a consortium comprising Energy Capital Partners and Kohlberg Kravis Roberts, following recent market speculation about a potential bid for the group. The board, advised by J.P....
Regulatory Filings and Compliance
DCC Updates Share Capital and Voting Rights for Regulatory Disclosures
Neutral
Mar 31, 2026
DCC plc has reported that, as of 31 March 2026, it has 87,609,229 issued ordinary shares of €0.25 each, of which 2,185,094 are held in treasury and do not carry voting rights. This leaves 85,424,135 ordinary shares in issue with voting right...
Business Operations and StrategyExecutive/Board Changes
DCC strengthens board with appointment of former Shell executive John Abbott
Positive
Mar 6, 2026
DCC plc, the Dublin‑headquartered FTSE 100 energy marketing and distribution group, has appointed veteran energy executive John Abbott as a non‑executive director and member of its Nomination and Governance Committee, effective after i...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.