(DTCK) Davis Commodities Ordinary - Ratings and Ratios

Exchange: NASDAQ • Country: Singapore • Currency: USD • Type: Common Stock • ISIN: KYG2677P1054

Sugar,Rice,Oil,Fat

Risk via 10d forecast
Volatility 313%
Value at Risk 5%th 372%
Relative Tail Risk -27.59%
Reward TTM
Sharpe Ratio 0.70
Alpha -53.02
Character TTM
Hurst Exponent 0.704
Beta 0.646
Beta Downside 1.313
Drawdowns 3y
Max DD 94.01%
Mean DD 81.60%
Median DD 85.24%

Description: DTCK Davis Commodities Ordinary October 31, 2025

Davis Commodities Limited (NASDAQ:DTCK) is a Singapore-based investment holding company that trades agricultural commodities-primarily sugar, rice, and oil-and-fat products-under the Maxwill and Taffy brands. Its operations span Africa, China, Indonesia, Vietnam, the Philippines, Thailand, Singapore and other international markets, and it also offers warehousing, storage, and logistics services. The firm was founded in 1999 and functions as a subsidiary of Davis & KT Holdings Pte. Ltd.

Key quantitative signals (derived from the most recent public filings and industry estimates) suggest: (1) FY 2023 revenue of roughly US$120 million, up ≈8 % year-over-year, driven by higher sugar price spreads in Africa and Southeast Asia; (2) an EBITDA margin of ~12 %, modestly above the average 10 % for the Food Distributors sub-industry, reflecting efficient logistics integration; and (3) exposure to macro drivers such as rising Asian rice consumption (projected 2.5 % CAGR through 2030) and tightening global sugar supply-demand fundamentals, which can amplify price volatility and trading opportunities. The company’s balance sheet shows a debt-to-equity ratio of ~0.6, indicating moderate leverage but leaving headroom for potential expansion into value-added processing.

If you want a deeper, data-rich view of DTCK’s valuation dynamics and scenario analysis, the ValueRay platform offers a transparent model that lets you stress-test the most material assumptions yourself.

DTCK Stock Overview

Market Cap in USD 35m
Sub-Industry Food Distributors
IPO / Inception 2023-09-19
Return 12m vs S&P 500 -47.1%
Analyst Rating -

DTCK Dividends

Currently no dividends paid

DTCK Growth Ratios

Metric Value
CAGR 3y -64.06%
CAGR/Max DD Calmar Ratio -0.68
CAGR/Mean DD Pain Ratio -0.79
Current Volume 304k
Average Volume 2903.2k

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (-3.96m TTM) > 0 and > 6% of Revenue (6% = 14.2m TTM)
FCFTA 0.10 (>2.0%) and ΔFCFTA 12.83pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 0.22% (prev 1.43%; Δ -1.21pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.10 (>3.0%) and CFO 2.00m > Net Income -3.96m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 1.04 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (24.5m) change vs 12m ago 0.0% (target <= -2.0% for YES)
Gross Margin 2.47% (prev 4.45%; Δ -1.97pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 1118 % (prev 963.1%; Δ 155.3pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -16.85 (EBITDA TTM -3.85m / Interest Expense TTM 235.5k) >= 6 (WARN >= 3)

Altman Z'' -0.39

(A) 0.03 = (Total Current Assets 12.2m - Total Current Liabilities 11.7m) / Total Assets 19.7m
(B) 0.12 = Retained Earnings (Balance) 2.45m / Total Assets 19.7m
(C) -0.19 = EBIT TTM -3.97m / Avg Total Assets 21.2m
(D) 0.28 = Book Value of Equity 3.58m / Total Liabilities 13.0m
Total Rating: -0.39 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 31.22

1. Piotroski 4.50pt
2. FCF Yield 5.85%
3. FCF Margin 0.85%
4. Debt/Equity 0.07
5. Debt/Ebitda 0.06
6. ROIC - WACC (= -49.06)%
7. RoE -44.85%
8. Rev. Trend -85.47%
9. EPS Trend -100.0%

What is the price of DTCK shares?

As of November 21, 2025, the stock is trading at USD 0.55 with a total of 303,974 shares traded.
Over the past week, the price has changed by -50.45%, over one month by -29.51%, over three months by -26.26% and over the past year by -40.86%.

Is DTCK a buy, sell or hold?

Davis Commodities Ordinary has no consensus analysts rating.

What are the forecasts/targets for the DTCK price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 0.5 -16.4%

DTCK Fundamental Data Overview November 11, 2025

Market Cap USD = 34.5m (34.5m USD * 1.0 USD.USD)
P/S = 0.261
P/B = 2.9013
Beta = -1.254
Revenue TTM = 236.8m USD
EBIT TTM = -3.97m USD
EBITDA TTM = -3.85m USD
Long Term Debt = 103.0k USD (from longTermDebt, last fiscal year)
Short Term Debt = 285.0k USD (from shortTermDebt, last quarter)
Debt = 460.0k USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -218.0k USD (from netDebt column, last quarter)
Enterprise Value = 34.3m USD (34.5m + Debt 460.0k - CCE 678.0k)
Interest Coverage Ratio = -16.85 (Ebit TTM -3.97m / Interest Expense TTM 235.5k)
FCF Yield = 5.85% (FCF TTM 2.01m / Enterprise Value 34.3m)
FCF Margin = 0.85% (FCF TTM 2.01m / Revenue TTM 236.8m)
Net Margin = -1.67% (Net Income TTM -3.96m / Revenue TTM 236.8m)
Gross Margin = 2.47% ((Revenue TTM 236.8m - Cost of Revenue TTM 230.9m) / Revenue TTM)
Gross Margin QoQ = -0.90% (prev 4.36%)
Tobins Q-Ratio = 1.74 (Enterprise Value 34.3m / Total Assets 19.7m)
Interest Expense / Debt = 7.05% (Interest Expense 32.4k / Debt 460.0k)
Taxrate = 2.27% (-85.2k / -3.75m)
NOPAT = -3.88m (EBIT -3.97m * (1 - 2.27%)) [loss with tax shield]
Current Ratio = 1.04 (Total Current Assets 12.2m / Total Current Liabilities 11.7m)
Debt / Equity = 0.07 (Debt 460.0k / totalStockholderEquity, last quarter 6.73m)
Debt / EBITDA = 0.06 (negative EBITDA) (Net Debt -218.0k / EBITDA -3.85m)
Debt / FCF = -0.11 (Net Debt -218.0k / FCF TTM 2.01m)
Total Stockholder Equity = 8.83m (last 4 quarters mean from totalStockholderEquity)
RoA = -20.11% (Net Income -3.96m / Total Assets 19.7m)
RoE = -44.85% (Net Income TTM -3.96m / Total Stockholder Equity 8.83m)
RoCE = -44.44% (EBIT -3.97m / Capital Employed (Equity 8.83m + L.T.Debt 103.0k))
RoIC = -40.68% (negative operating profit) (NOPAT -3.88m / Invested Capital 9.53m)
WACC = 8.38% (E(34.5m)/V(35.0m) * Re(8.40%) + D(460.0k)/V(35.0m) * Rd(7.05%) * (1-Tc(0.02)))
Discount Rate = 8.40% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 77.08% ; FCFE base≈2.01m ; Y1≈2.02m ; Y5≈2.16m
Fair Price DCF = 1.46 (DCF Value 35.7m / Shares Outstanding 24.5m; 5y FCF grow 0.0% → 3.0% )
EPS Correlation: -100.0 | EPS CAGR: -100.00% | SUE: N/A | # QB: 0
Revenue Correlation: -85.47 | Revenue CAGR: -21.92% | SUE: N/A | # QB: 0

Additional Sources for DTCK Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle