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Decisive Dividend
(DE)
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Rating:58Neutral
Price Target:
C$9.00
▼(-2.70% Downside)
Action:Reiterated
Date:07/31/26
The score is driven primarily by mixed financial performance: strong revenue expansion and positive cash generation are tempered by meaningful margin compression and a clear increase in leverage. Technicals add caution due to near-term weakness versus the 20/50-day averages, while valuation remains a mixed signal with a high P/E partially offset by an attractive dividend yield.
Positive Factors
Strong revenue scaling
Consistent multi-year top-line growth nearly tripling revenue supports durable operational scale. Larger revenue base improves fixed-cost absorption, broadens customer reach, and creates a stronger platform for incremental margins, acquisitions, and predictable consolidated cash generation over months.
Negative Factors
Rising leverage
Material increase in debt to roughly 1.5x equity reduces financial flexibility and raises sensitivity to interest rates or earnings shocks. Higher leverage constrains capacity for opportunistic M&A, increases refinancing risk, and can pressure dividends or capex if operating performance softens.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue scaling
Consistent multi-year top-line growth nearly tripling revenue supports durable operational scale. Larger revenue base improves fixed-cost absorption, broadens customer reach, and creates a stronger platform for incremental margins, acquisitions, and predictable consolidated cash generation over months.
Read all positive factors
Decisive Dividend (DE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$186.90M
Dividend Yield6.14%
Average Volume (3M)18.16K
Price to Earnings (P/E)61.8
Beta (1Y)0.73
Revenue Growth5.45%
EPS Growth-53.31%
CountryCA
Employees509
SectorGeneral
Sector StrengthN/A
IndustryConglomerates
Share Statistics
EPS (TTM)0.14
Shares Outstanding21,238,377
10 Day Avg. Volume14,403
30 Day Avg. Volume18,156
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)2.55
Price to Sales (P/S)0.93
P/FCF Ratio13.18
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$14.33Price Target Upside54.96% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.32
Revenue Forecast (FY)C$165.20M
Decisive Dividend Business Overview & Revenue Model
Company Description
Decisive Dividend Corporation, headquartered in Kelowna, Canada, and established in 2012, conducts its business through subsidiaries across Canada, the United States, and New Zealand. The company's activities are organized into two primary segment...
How the Company Makes Money
Decisive Dividend makes money primarily through operating income generated by its wholly owned subsidiaries. Its core revenue model is based on (1) selling industrial products manufactured or distributed by its operating companies and (2) providin...
Decisive Dividend Earnings Call Summary
Earnings Call Date:Nov 05, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Nov 10, 2026
Earnings Call Sentiment Positive
The earnings call highlighted significant sequential improvements in sales and EBITDA in Q3 2024 compared to earlier quarters, driven by strong order activity and new market developments. However, there were challenges compared to the record Q3 2023, and the free cash flow payout ratio remains high. Despite these challenges, the overall outlook is positive with expectations of continued improvement into Q4 2024 and 2025.Positive Updates
Sequential Improvement in Q3 2024
Consolidated sales in Q3 2024 were 12% higher than in Q2 2024, and 10% higher than Q1 2024, while overall adjusted EBITDA in Q3 2024 was 65% higher than in Q2 2024 and 42% higher than in Q1 2024.
Negative Updates
Decline from Record Q3 2023
Adjusted EBITDA in Q3 2024 was down 14% and 28% relative to the record Q3 2023.
Read all updates
Q3-2024 Updates
Positive
Negative
Sequential Improvement in Q3 2024
Consolidated sales in Q3 2024 were 12% higher than in Q2 2024, and 10% higher than Q1 2024, while overall adjusted EBITDA in Q3 2024 was 65% higher than in Q2 2024 and 42% higher than in Q1 2024.
Read all positive updates
Company Guidance
During the Decisive Dividend Corporation Q3 2024 earnings call, CEO Jeff Schellenberg detailed various metrics reflecting operational improvements and future guidance. Consolidated sales in Q3 2024 rose by 12% compared to Q2 2024 and 10% compared to Q1 2024, while adjusted EBITDA surged by 65% and 42%, respectively, over the same periods. Despite a 14% drop from the record Q3 2023 levels, the EBITDA margin percentage improved by over 5% from Q2 2024 and nearly 4% from Q1 2024. Non-variable operating expenses were reduced by over 2% from Q2 2024 and 3% from Q1 2024, contributing to enhanced free cash flow and a 163% and 106% increase relative to Q2 and Q1 2024, although still down 29% from Q3 2023 records. Looking forward, order activity in Q4 2024 is up more than 65% compared to Q4 2023, supporting expectations for continued sequential improvements in revenue and EBITDA into 2025.Decisive Dividend Financial Statement Overview
Summary
Income Statement
71
Positive
Balance Sheet
54
Neutral
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 153.17M | 152.21M | 127.85M | 134.88M | 98.59M | 62.49M |
| Gross Profit | 34.59M | 26.43M | 47.87M | 52.76M | 32.85M | 21.38M |
| EBITDA | 21.89M | 24.53M | 18.59M | 23.44M | 13.10M | 8.69M |
| Net Income | 2.75M | 5.20M | 2.01M | 8.33M | 4.08M | 2.28M |
Balance Sheet | ||||||
| Total Assets | 205.51M | 172.38M | 165.23M | 152.57M | 98.43M | 60.30M |
| Cash, Cash Equivalents and Short-Term Investments | 6.55M | 3.54M | 3.26M | 4.05M | 4.73M | 2.14M |
| Total Debt | 102.84M | 80.37M | 73.43M | 55.97M | 39.01M | 25.25M |
| Total Liabilities | 145.14M | 116.90M | 108.34M | 94.82M | 64.30M | 38.08M |
| Stockholders Equity | 60.38M | 55.48M | 56.88M | 57.75M | 34.13M | 22.22M |
Cash Flow | ||||||
| Free Cash Flow | 8.25M | 10.71M | 6.02M | 11.87M | 6.29M | 1.90M |
| Operating Cash Flow | 13.20M | 16.61M | 12.78M | 15.79M | 8.43M | 3.75M |
| Investing Cash Flow | -22.95M | -7.01M | -14.55M | -33.82M | -17.20M | -1.75M |
| Financing Cash Flow | 13.22M | -9.30M | 726.00K | 17.25M | 11.06M | -2.82M |
Decisive Dividend Technical Analysis
Negative
9.25
Price Trends
9.29
Negative
8.96
Negative
7.99
Positive
Market Momentum
-0.17
Positive
39.11
Neutral
24.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DE, the sentiment is Negative. The current price of 9.25 is above the 20-day moving average (MA) of 9.07, below the 50-day MA of 9.29, and above the 200-day MA of 7.99, indicating a neutral trend. The MACD of -0.17 indicates Positive momentum. The RSI at 39.11 is Neutral, neither overbought nor oversold. The STOCH value of 24.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DE.
Decisive Dividend Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | C$173.70M | 11.11 | 5.77% | ― | -10.69% | 23.60% | |
71 Outperform | C$776.38M | 21.25 | 12.54% | 6.27% | 10.83% | 30.66% | |
58 Neutral | C$186.90M | 61.83 | 4.86% | 5.84% | 5.45% | -53.31% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
45 Neutral | C$84.48M | -20.45 | -5.04% | ― | -63.35% | -113.24% |
* General Sector Average
TSE:DE
Decisive Dividend
8.58
1.05
13.93%
TSE:CXI
Currency Exchange International
30.00
9.97
49.78%
TSE:DIV
Diversified Royalty Corp
4.63
1.49
47.55%
TSE:RICH
Raffles Financial Group
2.85
0.00
0.00%
TSE:PNP
Pinetree Capital
9.20
-5.60
-37.84%
TSE:WI
The Western Investment Company of Canada Ltd
1.08
0.46
74.19%
Decisive Dividend Corporate Events
Business Operations and StrategyDividendsFinancial Disclosures
CareRx Gains New National Client, Lifts Dividend as Q2 Revenue Climbs
Positive
Jul 29, 2026
CareRx reported second-quarter 2026 revenue of $93.6 million, up from $91.4 million a year earlier, as average beds serviced rose to 91,719, though adjusted EBITDA was flat at $8.0 million and margin eased to 8.6%. Net income came in at $0.4 milli...
Business Operations and StrategyDividends
Source Rock Royalties boosts shareholder returns with dividend and RSU grants
Positive
Jul 16, 2026
Source Rock Royalties Ltd., a Calgary-based oil and gas royalty specialist with assets across Saskatchewan and Alberta, continues to pursue a balanced growth and income strategy built on accretive royalty acquisitions and dividend payments. The co...
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.