Dolby Laboratories Statistics
Total Valuation
DLB has a market cap or net worth of $7.57 billion. The enterprise value is $6.79 billion.
| Market Cap | 7.57B |
| Enterprise Value | 6.79B |
Important Dates
The next confirmed earnings date is Thursday, May 2, 2024, after market close.
| Earnings Date | May 2, 2024 |
| Ex-Dividend Date | Feb 12, 2024 |
Share Statistics
DLB has 95.58 million shares outstanding. The number of shares has increased by 0.40% in one year.
| Shares Outstanding | 95.58M |
| Shares Change (YoY) | +0.40% |
| Shares Change (QoQ) | -0.74% |
| Owned by Insiders (%) | 1.49% |
| Owned by Institutions (%) | 96.39% |
| Float | 58.82M |
Valuation Ratios
The trailing PE ratio is 41.04 and the forward PE ratio is 20.71. DLB's PEG ratio is 2.08.
| PE Ratio | 41.04 |
| Forward PE | 20.71 |
| PS Ratio | 5.93 |
| Forward PS | 5.68 |
| PB Ratio | 3.24 |
| P/FCF Ratio | 26.20 |
| PEG Ratio | 2.08 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 23.74, with an EV/FCF ratio of 23.44.
| EV / Earnings | 36.08 |
| EV / Sales | 5.31 |
| EV / EBITDA | 23.74 |
| EV / EBIT | 35.38 |
| EV / FCF | 23.44 |
Financial Position
The company has a current ratio of 3.68, with a Debt / Equity ratio of 0.02.
| Current Ratio | 3.68 |
| Quick Ratio | 3.45 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | 0.17 |
| Debt / FCF | 0.16 |
| Interest Coverage | -5.14 |
Financial Efficiency
Return on equity (ROE) is 8.00% and return on invested capital (ROIC) is 6.44%.
| Return on Equity (ROE) | 8.00% |
| Return on Assets (ROA) | 6.40% |
| Return on Capital (ROIC) | 6.44% |
| Revenue Per Employee | $570,079 |
| Profits Per Employee | $83,821 |
| Employee Count | 2,246 |
| Asset Turnover | 0.44 |
| Inventory Turnover | 4.72 |
Taxes
In the past 12 months, DLB has paid $41.13 million in taxes.
| Income Tax | 41.13M |
| Effective Tax Rate | 17.93% |
Stock Price Statistics
The stock price has decreased by -3.36% in the last 52 weeks. The beta is 0.97, so DLB's price volatility has been similar to the market average.
| Beta (1Y) | 0.97 |
| 52-Week Price Change | -3.36% |
| 50-Day Moving Average | 81.52 |
| 200-Day Moving Average | 83.23 |
| Relative Strength Index (RSI) | 40.00 |
| Average Volume (30 Days) | 331,766 |
Short Selling Information
The latest short interest is 1.44 million, so 1.51% of the outstanding shares have been sold short.
| Short Interest | 1.44M |
| Short Previous Month | 1.22M |
| Short % of Shares Out | 1.51% |
| Short % of Float | 2.45% |
| Short Ratio (days to cover) | 4.60 |
Income Statement
In the last 12 months, DLB had revenue of $1.28 billion and earned $188.26 million in profits. Earnings per share was $1.93.
| Revenue | 1.28B |
| Gross Profit | 1.13B |
| Operating Income | 187.89M |
| Pretax Income | 229.39M |
| Net Income | 188.26M |
| EBITDA | 286.15M |
| EBIT | 192.04M |
| Earnings Per Share (EPS) | $1.93 |
Balance Sheet
The company has $849.48 million in cash and $47.24 million in debt, giving a net cash position of $802.24 million or $8.39 per share.
| Cash & Cash Equivalents | 849.48M |
| Total Debt | 47.24M |
| Net Cash | 802.24M |
| Net Cash Per Share | $8.39 |
| Equity / Book Value | 2.35B |
| Book Value Per Share | 24.54 |
| Working Capital | 1.06B |
Cash Flow
In the last 12 months, operating cash flow was $319.10 million and capital expenditures -$29.22 million, giving a free cash flow of $289.87 million.
| Operating Cash Flow | 319.10M |
| Capital Expenditures | -29.22M |
| Free Cash Flow | 289.87M |
| FCF Per Share | $3.04 |
Margins
Gross margin is 88.27%, with operating and profit margins of 14.67% and 14.70%.
| Gross Margin | 88.27% |
| Operating Margin | 14.67% |
| Pretax Margin | 17.92% |
| Profit Margin | 14.70% |
| EBITDA Margin | 22.35% |
| EBIT Margin | 15.00% |
| FCF Margin | 22.64% |
Dividends & Yields
This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 1.52%.
| Dividend Per Share | $1.20 |
| Dividend Yield | 1.52% |
| Dividend Growth (YoY) | 9.62% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 62.18% |
| Buyback Yield | -0.40% |
| Shareholder Yield | 1.11% |
| Earnings Yield | 2.48% |
| FCF Yield | 3.82% |
Analyst Forecast
The average price target for DLB is $98.00, which is 23.74% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $98.00 |
| Price Target Difference | 23.74% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
DLB has an Altman Z-Score of 10.16 and a Piotroski F-Score of 6.
| Altman Z-Score | 10.16 |
| Piotroski F-Score | 6 |