Distribution Finance Capital (LON:DFCH) Reaches New 1-Year High - Still a Buy?

Key Points

• Distribution Finance Capital's share price reached a new 52-week high of GBX 48 ($0.65) on Tuesday, with a recent trading price of GBX 47.50 ($0.64).
• The company has a market capitalization of £77.87 million and a notably high price-to-earnings ratio of 641.89, indicating a unique investment profile.
• Founded in 2016 and granted full banking authorization in 2020, DF Capital supports over 90 manufacturers and 1,250 dealers, providing over £1.2 billion in distribution and inventory finance in 2023.

Distribution Finance Capital Holdings plc (LON:DFCH - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 48 ($0.65) and last traded at GBX 47.50 ($0.64), with a volume of 247206 shares. The stock had previously closed at GBX 47 ($0.64).

Distribution Finance Capital Trading Down 3.8%

The firm's 50 day simple moving average is GBX 45.23 and its two-hundred day simple moving average is GBX 40.10. The firm has a market cap of £85.98 million, a price-to-earnings ratio of 708.78 and a beta of 1.07.

Distribution Finance Capital (LON:DFCH - Get Free Report) last issued its quarterly earnings data on Thursday, September 11th. The company reported GBX 3.70 earnings per share for the quarter. Distribution Finance Capital had a net margin of 14.99% and a return on equity of 7.33%. As a group, equities research analysts anticipate that Distribution Finance Capital Holdings plc will post 2.29 earnings per share for the current fiscal year.

About Distribution Finance Capital

DF Capital was founded in 2016 to support the working capital needs of manufacturers and UK dealers. Today, having received full authorisation as a bank in September 2020, we work with over 90 manufacturers and over 1,250 dealers in the leisure, commercial and powersports sectors. In 2023, we provided over £1.2bn of distribution and inventory finance across these sectors.