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Dye & Durham LimitedTSX:DND Stock Report

Market Cap CA$196.8m
Share Price
CA$2.87
CA$5
42.6% undervalued intrinsic discount
1Y-69.8%
7D-2.4%
Portfolio Value
View

Dye & Durham Limited

TSX:DND Stock Report

Market Cap: CA$196.8m

Dye & Durham (DND) Stock Overview

Provides cloud-based platforms in Canada, the United Kingdom, Ireland, Australia, and South Africa. More details

DND fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

DND Community Fair Values

Create Narrative

See what 21 others think this stock is worth. Follow their fair value or set your own to get alerts.

Dye & Durham Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Dye & Durham
Historical stock prices
Current Share PriceCA$2.87
52 Week HighCA$12.13
52 Week LowCA$2.63
Beta1.35
1 Month Change-28.25%
3 Month Change-20.72%
1 Year Change-69.76%
3 Year Change-82.14%
5 Year Change-93.33%
Change since IPO-80.61%

Recent News & Updates

Narrative Update Apr 21

DND: Filing Progress And Platform Modernization Will Support Future Repricing Potential

Narrative Update on Dye & Durham Analysts have trimmed their average price target on Dye & Durham by CA$0.50 to CA$4.00. This reflects caution after limited progress since the ongoing review and continued questions around the company’s financial health.
Narrative Update Apr 07

DND: Ongoing Review And Filing Progress Will Support Future Repricing Potential

Analysts have trimmed their average price target for Dye & Durham by CA$0.50 to CA$4.00. This change reflects recent target cuts and ongoing questions about the company’s financial health and progress on its review process.

Recent updates

Narrative Update Apr 21

DND: Filing Progress And Platform Modernization Will Support Future Repricing Potential

Narrative Update on Dye & Durham Analysts have trimmed their average price target on Dye & Durham by CA$0.50 to CA$4.00. This reflects caution after limited progress since the ongoing review and continued questions around the company’s financial health.
Narrative Update Apr 07

DND: Ongoing Review And Filing Progress Will Support Future Repricing Potential

Analysts have trimmed their average price target for Dye & Durham by CA$0.50 to CA$4.00. This change reflects recent target cuts and ongoing questions about the company’s financial health and progress on its review process.
Narrative Update Mar 23

DND: Ongoing Review And Contract Wins Will Drive Future Repricing Potential

Analysts have trimmed their average price target on Dye & Durham by CA$0.50 to CA$4.00, reflecting cautious views tied to limited recent progress and ongoing questions about the company's financial health. Analyst Commentary Recent research updates show a cautious but engaged analyst community, with targets clustered around the low single digits and a consistent Market Perform stance.
Narrative Update Mar 08

DND: Extended Review And Filing Delays Will Shape Future Repricing Potential

Analysts have trimmed their average price target on Dye & Durham by CA$0.50 to CA$4.00, reflecting recent target cuts and ongoing concerns about the company's financial health and its slow progress since the strategic review began. Analyst Commentary Recent research points to a cautious stance on Dye & Durham, with coverage reinstated at a Market Perform rating and price targets clustered in the CA$4 to CA$5 range.
New Narrative Mar 05

Platform Integration And Housing Exposure Will Pressure This Business For Years

Catalysts About Dye & Durham Dye & Durham provides legal software and banking technology solutions that are embedded in high frequency workflows for small and midsized law firms and financial institutions. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 22

DND: Ongoing Business Review And Governance Reset Will Support Future Repricing

Analysts have trimmed their average price target for Dye & Durham to CA$5.00, citing lower fair value estimates and more cautious revenue growth assumptions, in line with recent target cuts and Market Perform ratings from the Street. Analyst Commentary Recent research updates on Dye & Durham have centered on price target resets and a cautious stance on new capital deployment into the shares, reflecting a focus on execution risks and ongoing questions around the company’s financial position.
New Narrative Feb 19

Platform Integration And Automation Will Reshape High Frequency Legal And Financial Workflows

Catalysts About Dye & Durham Dye & Durham provides legal and financial technology software that supports high-frequency workflows for small and midsized law firms and financial institutions. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 08

DND: Trading Halt And Governance Reset Will Eventually Support Share Repricing

Analysts have trimmed their fair value estimate for Dye & Durham from $5.75 to about $5.33 per share. This reflects updated assumptions around discount rate, revenue growth, profit margin and future P/E that they see as better aligned with current conditions for the business.
Narrative Update Jan 24

DND: Speculative Rating Shift Will Eventually Support Higher Share Repricing

Narrative Update The Street narrative on Dye & Durham has shifted as analysts reduced their price target to C$10 and moved to a more cautious Speculative Buy stance. This reflects updated expectations embedded in their valuation work and risk assessment.
Narrative Update Jan 09

DND: Speculative Rating Reset Will Eventually Unlock Upside Potential

Analysts have trimmed their outlook on Dye & Durham, with the latest research pointing to a reset in the price target to C$10.00. This reflects more cautious views on profitability and valuation metrics while still indicating upside potential from current levels.
Narrative Update Dec 16

DND: Sale Review And Activism Will Eventually Unlock Upside Potential

The analyst price target for Dye & Durham has been cut by approximately C$1.00. This reflects analysts' more cautious stance amid lower expected revenue growth and increased uncertainty around the strategic review process.
Narrative Update Dec 02

DND: Ongoing Sale Process Will Unlock Upside as Uncertainty Resolves

The average analyst price target for Dye & Durham was revised downward from C$16 to C$8.50. This reflects a more cautious outlook as analysts cite heightened uncertainty related to the company’s ongoing review process and potential sale.
Narrative Update Nov 18

DND: Ongoing Sale Process Will Drive Renewed Buying Interest

The analyst price target for Dye & Durham has been revised sharply downward from C$12.63 to C$6.75. This reflects analysts' concerns about ongoing uncertainties and a more cautious outlook on the company’s potential sale process.
Narrative Update Nov 01

DND: Share Price Recovery Will Depend On Resolution Of Sale Uncertainty

Dye & Durham's analyst price target was reduced significantly, dropping from approximately $14.17 to $12.63 per share. Analysts cited increased uncertainty around a potential sale and business outlook.
Narrative Update Oct 18

Upgraded Workflow Software And Debt Reduction Will Secure Future Success

The analyst price target for Dye & Durham was sharply reduced from C$16.00 to C$8.50. This reflects analysts' concerns over increased uncertainty related to the company's ongoing sale review and potential activism campaigns.
Narrative Update Oct 04

Upgraded Workflow Software And Debt Reduction Will Secure Future Success

The analyst price target for Dye & Durham has decreased from approximately C$15.75 to C$14.17. Analysts cite increased uncertainty related to the company's ongoing review process and the possibility of a sale as the main reasons for this adjustment.
User avatar
New Narrative Mar 26

Upgraded Workflow Software And Debt Reduction Will Secure Future Success

Emphasis on organic growth and enhanced software could boost revenue via higher adoption and customer satisfaction.
Analysis Article Feb 15

Dye & Durham Limited's (TSE:DND) Shares Lagging The Industry But So Is The Business

With a price-to-sales (or "P/S") ratio of 1.9x Dye & Durham Limited ( TSE:DND ) may be sending bullish signals at the...
Analysis Article Dec 14

These 4 Measures Indicate That Dye & Durham (TSE:DND) Is Using Debt Extensively

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Oct 30

Dye & Durham Limited (TSE:DND) Surges 26% Yet Its Low P/S Is No Reason For Excitement

Despite an already strong run, Dye & Durham Limited ( TSE:DND ) shares have been powering on, with a gain of 26% in the...
Analysis Article Oct 18

Is Dye & Durham Limited (TSE:DND) Trading At A 28% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Dye & Durham fair value estimate is CA$23.29 Dye & Durham's...

Shareholder Returns

DNDCA SoftwareCA Market
7D-2.4%7.7%-0.2%
1Y-69.8%-39.1%32.6%

Return vs Industry: DND underperformed the Canadian Software industry which returned -39.1% over the past year.

Return vs Market: DND underperformed the Canadian Market which returned 32.6% over the past year.

Price Volatility

Is DND's price volatile compared to industry and market?
DND volatility
DND Average Weekly Movement9.0%
Software Industry Average Movement10.3%
Market Average Movement10.3%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.9%

Stable Share Price: DND has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: DND's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18741,100George Tsivindyedurham.com

Dye & Durham Limited, together with its subsidiaries, provides cloud-based platforms in Canada, the United Kingdom, Ireland, Australia, and South Africa. The company offers Legal Practice Management, a practice management software that enables legal professionals to execute every transaction with reliability, security, and ease; Data Insights and Due Diligence, a software that connects a network of professionals with critical information through a mix of public records and proprietary data to create legal due diligence reports; Legal Accounting Software for managing finances, including billing, reporting, and timekeeping; and Entity Management Software, a cloud-based corporate records management system designed for law firms. It also provides infrastructure technology that facilitates bill and tax payments, and enables digital mortgage processing, as well as integrated information search and managed banking services.

Dye & Durham Limited Fundamentals Summary

How do Dye & Durham's earnings and revenue compare to its market cap?
DND fundamental statistics
Market capCA$196.82m
Earnings (TTM)-CA$25.24m
Revenue (TTM)CA$406.77m
0.5x
P/S Ratio
-7.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DND income statement (TTM)
RevenueCA$406.77m
Cost of RevenueCA$30.21m
Gross ProfitCA$376.56m
Other ExpensesCA$401.81m
Earnings-CA$25.24m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.38
Gross Margin92.57%
Net Profit Margin-6.21%
Debt/Equity Ratio478.4%

How did DND perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 21:37
End of Day Share Price 2026/05/21 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Dye & Durham Limited is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thanos MoschopoulosBMO Capital Markets Equity Research
Robert YoungCanaccord Genuity
Stephanie PriceCIBC Capital Markets