DFIN Stock Analysis: Donnelley Financial | NYSE

Software - Application | NYSE, USA | Market Cap: 1.175m USD | 12M Return: -9.4% | Charts, Fundamentals & Technical Analysis

Compliance Software, Regulatory Filings, Proxy Management, Document Distribution

Total Rating 38

Safety 90

Buy Signal 0.18

Software - Application
Industry Rotation: +22.7

Market Cap: 1.17B
Avg Turnover: 11.5M

Risk 3d forecast

Volatility54.7%

VaR 5^th Pctl9.02%

VaR vs Median0.16%

Reward TTM

Sharpe Ratio-0.09

Rel. Str. IBD17.7

Rel. Str. Peer Group25

Character TTM

Beta0.511

Beta Downside0.594

Hurst Exponent0.530

Drawdowns 3y

Max DD47.44%

CAGR/Max DD-0.02

CAGR/Mean DD-0.07

EPS (Earnings per Share)

EPS CAGR: 11.50%
EPS Trend: 88.3%

Last SUE: -0.12
Qual. Beats: 0

Revenue

Rev. CAGR: -2.00%
Rev. Trend: -76.5%

Last SUE: 0.07
Qual. Beats: 0

Warnings

Choppy

Below Avwap Earnings

Tailwinds

Shakeout

Seasonality 9.8 years of data

Jan +4.5% 23

Feb -5.1% 37

Mar -2.3% 34

Apr +2.3% 31

May -6.0% 6

Jun +4.0% 33

Jul +3.6% 33

Aug +0.9% 15

Sep -0.4% 20

Oct -8.2% 44

Nov +4.1% 24

Dec +0.5% 8

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: DFIN Donnelley Financial

Donnelley Financial Solutions, Inc. (NYSE: DFIN) is a global provider of compliance and regulatory software and services, headquartered in Lancaster, Pennsylvania, and founded in 1983. The company operates across the United States, Asia, Europe, and Canada, serving public companies, private companies, and investment companies with solutions for SEC filings, transactional processes, and investor communications.

The business is organized into four segments: Capital Markets – Software Solutions (CM-SS), Capital Markets – Compliance and Communications Management (CM-CCM), Investment Companies – Software Solutions (IC-SS), and Investment Companies – Compliance and Communications Management (IC-CCM). The CM-SS segment offers the Venue and ActiveDisclosure platforms for managing SEC transactional and compliance workflows, while the CM-CCM segment provides tech-enabled print and distribution services. The IC-SS segment delivers the Arc Suite cloud-based platform, which includes ArcDigital, ArcReporting, ArcPro, and ArcRegulatory for document management and regulatory submission. The IC-CCM segment provides iXBRL-formatted EDGAR filings, turnkey proxy services, solicitation, tabulation, and stockholder meeting support.

DFIN operates in the RegTech (regulatory technology) space, competing with other EDGAR-filing agents and governance, risk, and compliance (GRC) software providers. The company was spun off and listed as an independent public entity in 2016, with its offerings reflecting the increased regulatory disclosure burden placed on SEC registrants, including mutual funds and publicly traded companies.

Headlines to Watch Out For

IPO market recovery drives Capital Markets transaction revenue
Arc Suite software revenue growth expands recurring margins
SEC regulatory complexity increases compliance software demand

Piotroski VR-10 (Strict) 6.0

Net Income: 34.9m TTM > 0 and > 6% of Revenue
FCF/TA: 0.17 > 0.02 and ΔFCF/TA 5.91 > 1.0
NWC/Revenue: 9.79% < 20% (prev 6.04%; Δ 3.75% < -1%)
CFO/TA 0.23 > 3% & CFO 197.0m > Net Income 34.9m
Net Debt (215.4m) to EBITDA (127.0m): 1.70 < 3
Current Ratio: 1.41 > 1.5 & < 3
Outstanding Shares: last quarter (26.3m) vs 12m ago -10.85% < -2%
Gross Margin: 63.53% > 18% (prev 62.70%; Δ 0.84% > 0.5%)
Asset Turnover: 91.10% > 50% (prev 91.42%; Δ -0.32% > 0%)
Interest Coverage Ratio: 4.38 > 6 (EBIT TTM 60.0m / Interest Expense TTM 13.7m)

Altman Z'' 4.22

A: 0.09 (Total Current Assets 261.1m - Total Current Liabilities 185.6m) / Total Assets 840.8m
B: 0.71 (Retained Earnings 594.4m / Total Assets 840.8m)
C: 0.07 (EBIT TTM 60.0m / Avg Total Assets 846.8m)
D: 0.81 (Book Value of Equity 376.7m / Total Liabilities 464.1m)
Altman-Z'' = 4.22 = AA

Beneish M -3.06

DSRI: 1.03 (Receivables 201.9m/198.2m, Revenue 771.4m/779.6m)
GMI: 0.99 (GM 62.70% / 63.53%)
AQI: 0.97 (AQ_t 0.67 / AQ_t-1 0.69)
SGI: 0.99 (Revenue 771.4m / 779.6m)
TATA: -0.19 (NI 34.9m - CFO 197.0m) / TA 840.8m)
Beneish M = -3.06 (Cap -4..+1) = AA

What is the price of DFIN shares?

As of August 03, 2026, the stock is trading at USD 47.30 with a total of 309,170 shares traded. Over the past week, the price has changed by -1.99%, over one month by +2.36%, over three months by -6.58% and over the past year by -9.37%.

Current recommended Stop Loss: 43.90 (which is 7.2% or 1.3 ATR below the current price).

Is DFIN a buy, sell or hold?

Donnelley Financial has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy DFIN.

StrongBuy: 1
Buy: 2
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the DFIN price?

Analysts Target Price	63	33.2%

Donnelley Financial (DFIN) - Fundamental Data Overview as of 01 August 2026

Market Cap USD = 1.17b (1.17b USD * 1.0 USD.USD)
P/E Trailing = 30.539
P/E Forward = 7.8186
P/S = 1.5112
P/B = 3.4081
P/EG = 0.9684
Revenue TTM = 771.4m USD
EBIT TTM = 60.0m USD
EBITDA TTM = 127.0m USD
Long Term Debt = 224.1m USD (from longTermDebt, last quarter)
Short Term Debt = 8.80m USD (from shortTermDebt, last quarter)
Debt = 241.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 5.80m
Net Debt = 215.4m USD (calculated: Debt 241.5m - CCE 26.1m)
Enterprise Value = 1.39b USD (1.17b + Debt 241.5m - CCE 26.1m)
Interest Coverage Ratio = 4.38 (Ebit TTM 60.0m / Interest Expense TTM 13.7m)
EV/FCF = 9.74x (Enterprise Value 1.39b / FCF TTM 142.8m)
FCF Yield = 10.27% (FCF TTM 142.8m / Enterprise Value 1.39b)
FCF Margin = 18.51% (FCF TTM 142.8m / Revenue TTM 771.4m)
Net Margin = 4.52% (Net Income TTM 34.9m / Revenue TTM 771.4m)
Gross Margin = 63.53% ((Revenue TTM 771.4m - Cost of Revenue TTM 281.3m) / Revenue TTM)
Gross Margin QoQ = 64.04% (prev 63.54%)
Tobins Q-Ratio = 1.65 (Enterprise Value 1.39b / Total Assets 840.8m)
Interest Expense / Debt = 5.67% (Interest Expense 13.7m / Debt 241.5m)
Taxrate = 24.62% (11.4m / 46.3m)
NOPAT = 45.2m (EBIT 60.0m * (1 - 24.62%))
Current Ratio = 1.41 (Total Current Assets 261.1m / Total Current Liabilities 185.6m)
Debt / Equity = 0.64 (Debt 241.5m / totalStockholderEquity, last quarter 376.7m)
Debt / EBITDA = 1.70 (Net Debt 215.4m / EBITDA 127.0m)
Debt / FCF = 1.51 (Net Debt 215.4m / FCF TTM 142.8m)
Total Stockholder Equity = 402.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.12% (Net Income 34.9m / Total Assets 840.8m)
RoE = 8.66% (Net Income TTM 34.9m / Total Stockholder Equity 402.8m)
RoCE = 9.57% (EBIT 60.0m / Capital Employed (Equity 402.8m + L.T.Debt 224.1m))
RoIC = 7.09% (NOPAT 45.2m / Invested Capital 637.9m)
WACC = 7.18% (E(1.17b)/V(1.42b) * Re(7.78%) + D(241.5m)/V(1.42b) * Rd(5.67%) * (1-Tc(0.25)))
Discount Rate = 7.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.55 | Cagr: -6.51%
[DCF] Terminal Value 77.97% ; FCFF base≈123.4m ; Y1≈141.5m ; Y5≈208.3m
[DCF] Fair Price = 116.8 (EV 3.13b - Net Debt 215.4m = Equity 2.92b / Shares 25.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 88.28 | EPS CAGR: 11.50% | SUE: -0.12 | # QB: 0
Revenue Correlation: -76.52 | Revenue CAGR: -2.00% | SUE: 0.07 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.91 | Chg30d=+0.00% | Revisions=-17% | Analysts=3
EPS current Year (2026-12-31): EPS=4.80 | Chg30d=+0.77% | Revisions=+0% | GrowthEPS=+52.4% | GrowthRev=+1.4%
EPS next Year (2027-12-31): EPS=5.34 | Chg30d=+1.52% | Revisions=+0% | GrowthEPS=+11.3% | GrowthRev=+4.1%
[Analyst] Revisions Ratio: -10% (up=3, down=4)