AMCON Distributing Co Stock Research

Market Summary

USD175.45+6.11

Market Closed

3.61%

DIT Stock Price

DIT RSI Chart

DIT Valuation

Market Cap

102.6M

Price/Earnings (Trailing)

6.15

Price/Sales (Trailing)

0.05

EV/EBITDA

4.06

Price/Free Cashflow

12.51

DIT Price/Sales (Trailing)

DIT Profitability

EBT Margin

1.07%

Return on Equity

17.96%

Return on Assets

5.77%

Free Cashflow Yield

7.99%

DIT Fundamentals

DIT Revenue

Revenue (TTM)

2.0B

Revenue Y/Y

43.24%

Revenue Q/Q

17.29%

DIT Earnings

Earnings (TTM)

16.7M

Earnings Y/Y

-27.97%

Earnings Q/Q

-23.8%

Price Action

52 Week Range

141.13249.44

(Low)(High)

Last 7 days

3.8%

Last 30 days

-6.7%

Last 90 days

-4.1%

Trailing 12 Months

14.8%

DIT Financial Health

Current Ratio

2.93

Debt/Equity

0.1

Debt/Cashflow

2.55

DIT Investor Care

Dividend Yield

3.26%

Dividend/Share (TTM)

5.72

Shares Dilution (1Y)

6.06%

Diluted EPS (TTM)

28.59

Peers (Alternatives to AMCON Distributing)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
HD	323.0B	157.3B	0.30%	-8.91%	18.9	2.05	6.49%	7.26%
LOW	123.7B	96.0B	1.21%	-9.01%	18.5	1.29	0.77%	-18.59%
GPC	23.4B	22.1B	-5.28%	29.53%	19.71	1.06	20.62%	45.79%
LKQ	15.6B	13.0B	8.59%	9.64%	13.07	1.2	0.95%	14.95%
POOL	14.8B	6.1B	27.96%	-15.15%	18.89	2.42	20.00%	30.23%
MID-CAP
M	5.7B	24.8B	15.11%	-8.81%	3.69	0.23	10.06%	66.71%
FL	4.1B	8.8B	20.99%	3.12%	9.64	0.47	-0.59%	-53.34%
KSS	3.6B	18.6B	30.34%	-46.18%	5.09	0.19	-2.61%	-43.69%
OLLI	3.4B	1.7B	17.02%	22.49%	35.73	1.98	-3.66%	-46.77%
SMALL-CAP
FNKO	564.8M	1.3B	17.56%	-24.59%	12.32	0.43	43.50%	11.56%
GRWG	282.4M	314.3M	17.17%	-33.90%	-1.85	0.9	-20.20%	-930.89%
WEYS	254.0M	354.1M	15.22%	20.65%	8.56	0.72	55.14%	93.61%
DIT	102.6M	2.0B	-6.69%	14.78%	6.15	0.05	20.24%	7.25%
EDUC	29.4M	111.0M	9.74%	-53.83%	12.31	0.26	-38.64%	-79.75%
GNLN	2.9M	171.2M	52.63%	-33.74%	-0.02	0.02	16.98%	-48.75%

Financials for AMCON Distributing

Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Revenue	10.7%	2,011	1,816	1,704	1,690	1,672
Gross Profit	10.2%	128	116	108	104	101
Operating Expenses	10.7%	105	95	89	87	83
S&GA Expenses	10.7%	101	92	86	83	80
EBITDA	5.0%	27	26	22	21	-
EBITDA Margin	-5.2%	0.01*	0.01*	0.01*	0.01*	-
Earnings Before Taxes	1.2%	21	21	17	16	17
EBT Margin	-8.6%	0.01*	0.01*	0.01*	0.01*	-
Interest Expenses	45.6%	2	2	1	1	1
Net Income	-9.2%	17	18	16	15	16
Net Income Margin	-17.9%	0.01*	0.01*	0.01*	0.01*	-
Free Cahsflow	647.4%	8	1	12	-7.80	-

* denotes actual numbers (not divided by Millions)

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Assets	-3.1%	289	298	181	186	188
Current Assets	-4.1%	211	220	130	134	137
Cash Equivalents	-28.2%	0	1	1	1	1
Inventory	-5.2%	135	142	90	98	95
Net PPE	-0.8%	48	48	15	15	16
Goodwill	0%	5	5	4	4	4
Current Liabilities	1.8%	72	71	45	38	47
Long Term Debt	-32.8%	9	13	6	-	-
LT Debt, Current	32.5%	2	1	1	1	1
Shareholder's Equity	5.4%	93	88	82	80	78
Retained Earnings	4.9%	97	92	86	83	84
Additional Paid-In Capital	0.7%	27	27	27	27	25
Shares Outstanding	0%	1	1	1	1	1
Minority Interest	-	11	-	-	-	-

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Cashflow From Operations	49.5%	23	15	13	-6.37	21
Share Based Compensation	24.1%	3	2	3	3	2
Cashflow From Investing	-3.5%	-14.36	-13.87	-1.48	-1.17	-1.47
Cashflow From Financing	-446.1%	-8.62	-1.58	-12.06	8	-19.61
Dividend Payments	0.1%	3	3	3	6	3
Buy Backs	-	0	-	-	-	-

Risks for DIT

What is the probability of a big loss on DIT?

73.1%

Probability that AMCON Distributing stock will be more than 20% underwater in next one year

21.1%

Probability that AMCON Distributing stock will be more than 30% underwater in next one year.

4.2%

Probability that AMCON Distributing stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DIT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if AMCON Distributing was unfortunately bought at previous high price.

Drawdowns

Returns for DIT

Cumulative Returns on DIT

11.1%

10-Year Cumulative Returns

16.1%

7-Year Cumulative Returns

16.8%

5-Year Cumulative Returns

34.3%

3-Year Cumulative Returns

What are the long-term rolling returns for DIT?

FIve years rolling returns for AMCON Distributing.

Annualized Returns

Which funds bought or sold DIT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2022-11-16	BNP PARIBAS ARBITRAGE, SNC	new	-	210	210	-%
2022-11-15	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
2022-11-14	MORGAN STANLEY	added	1.14	35,000	149,000	-%
2022-11-14	WELLS FARGO & COMPANY/MN	added	100	-	-	-%
2022-11-14	Atria Wealth Solutions, Inc.	new	-	210,000	210,000	-%
2022-11-14	Koss-Olinger Consulting, LLC	new	-	227,000	227,000	0.04%
2022-11-14	ADVISOR GROUP HOLDINGS, INC.	unchanged	-	3,000	13,000	-%
2022-11-14	BlackRock Inc.	reduced	-2.92	16,000	84,000	-%
2022-11-14	ACADIAN ASSET MANAGEMENT LLC	unchanged	-	14,000	65,000	-%
2022-11-14	RENAISSANCE TECHNOLOGIES LLC	reduced	-3.92	416,000	2,164,000	-%

Latest Funds Activity

Are funds buying DIT calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own DIT

No. of Funds

AMCON Distributing News

Dividend Investor

DIT Dividend Announcement $0.1800/Share 1/26/2023.

Dividend Investor,

2 days ago

Yahoo Finance

AMCON Distributing Company Reports Results for the Quarter Ended December 31, 2022.

Yahoo Finance,

11 days ago

Morningstar

North American Morning Briefing: Investors Return -2-.

Morningstar,

11 days ago

Barchart

Pre-Market Brief: Stocks Mostly Lower Amid Renewed Recession ....

Barchart,

12 days ago

ETF Daily News

AMCON Distributing (NYSE:DIT) Stock Rating Upgraded by ....

ETF Daily News,

18 days ago

Medical Economics

Where do you want to be in 2023?.

Medical Economics,

24 days ago

ETF Daily News

AMCON Distributing (NYSEAMERICAN:DIT) Shares Pass Above ....

ETF Daily News,

32 days ago

Investor's Business Daily

Sysco Sees RS Rating Climb To 72 | Investor's Business Daily.

Investor's Business Daily,

41 days ago

Yahoo Finance

AMCON Distributing Company Acquires Henry’s Foods, Inc..

Yahoo Finance,

52 days ago

Medical Economics

Coronavirus Omicron variant, vaccine, and case numbers in the ....

Medical Economics,

55 days ago

Business Wire

AMCON Distributing Company Reports Results for the Fiscal Year ....

Business Wire,

2 months ago

Medical Economics

Health care costs per person vary across 50 states, Washington.

Medical Economics,

2 months ago

Medical Economics

How much do Americans drink?.

Medical Economics,

3 months ago

Medical Economics

Select medical software based on your practice's life cycle stage.

Medical Economics,

4 months ago

Medical Economics

2022 Physician Burnout Survey results.

Medical Economics,

4 months ago

Medical Economics

The state of the business of medicine today.

Medical Economics,

4 months ago

DIT Fair Value

AMCON Distributing fair value in different scenarios

The table shows the Fair Value estimates for AMCON Distributing for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	297.13 69.35%	541.65 208.72%	1030.71 487.47%	2548.81 1352.73%	4511.80 2471.56%
Current Inflation	278.36 58.65%	502.76 186.55%	921.63 425.29%	2222.55 1166.77%	3899.51 2122.58%
Very High Inflation	254.45 45.03%	453.89 158.70%	792.16 351.50%	1844.88 951.51%	3197.47 1722.44%

Fair Value

Very Pessimistic

Pessimistic

Base Case

Optimistic

Very Optimistic

Very Low Inflation

297.13

69.35%

541.65

208.72%

1030.71

487.47%

2548.81

1352.73%

4511.80

2471.56%

Current Inflation

278.36

58.65%

502.76

186.55%

921.63

425.29%

2222.55

1166.77%

3899.51

2122.58%

Very High Inflation

254.45

45.03%

453.89

158.70%

792.16

351.50%

1844.88

951.51%

3197.47

1722.44%

Historical AMCON Distributing Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of AMCON Distributing

View All Filings

Date Filed	Form Type	Document
Jan 18, 2023	10-Q	Quarterly Report
Jan 18, 2023	8-K	Current Report
Dec 22, 2022	8-K	Current Report
Dec 08, 2022	8-K	Current Report
Nov 30, 2022	DEF 14A	DEF 14A
Nov 23, 2022	10-K	Annual Report
Nov 23, 2022	8-K	Current Report
Oct 27, 2022	4	Insider Trading
Oct 27, 2022	4	Insider Trading
Oct 27, 2022	4	Insider Trading

Latest Insider Trading transactions for DIT

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2022-10-27	Plummer Andrew Charles	acquired	-	-	1,667	president and coo
2022-10-27	Schmaderer Charles J.	acquired	-	-	167	vp, cfo & secretary
2022-10-27	ATAYAN CHRISTOPHER H	acquired	-	-	4,300	ceo and chairman
2022-10-25	Schmaderer Charles J.	acquired	-	-	1,050	vp, cfo & secretary
2022-10-25	ATAYAN CHRISTOPHER H	acquired	-	-	9,900	ceo and chairman
2022-10-25	Plummer Andrew Charles	acquired	-	-	2,050	president and coo
2022-10-22	Schmaderer Charles J.	acquired	-	-	167	vp, cfo & secretary
2022-10-22	ATAYAN CHRISTOPHER H	acquired	-	-	3,300	ceo and chairman
2022-10-22	Plummer Andrew Charles	acquired	-	-	684	president and coo
2022-03-23	Schmaderer Charles J.	acquired	173,590	86.795	2,000	vp, cfo & secretary

About AMCON Distributing

Christopher H. Atayan

www.amcon.com

930

AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Mid-South regions of the United States. It operates through Wholesale Distribution and Retail Health Food segments. The Wholesale Distribution segment distributes consumer products, including cigarettes and tobacco products, candy and other confectionery, beverages, groceries, paper products, health and beauty care products, frozen and refrigerated products, and institutional foodservice products. It serves retailers, such as convenience stores, discount and general merchandise stores, grocery stores, drug stores, liquor stores, tobacco shops, and gas stations; and institutional customers, including restaurants and bars, schools, and sports complexes, as well as other wholesalers. This segment also markets private label lines of water, candy products, batteries, and other products. In addition, the Retail Health Food segment is involved in the retail of natural, organic, and specialty foods consisting of produce, baked goods, frozen foods, nutritional supplements, personal care items, and general merchandise. Further, the company operates twenty retail health food stores under the Chamberlin's Natural Foods, Akin's Natural Foods, and Earth Origins Market brands. AMCON Distributing Company was incorporated in 1986 and is based in Omaha, Nebraska.

DIT Income Statement

2022-12-31

Condensed Consolidated Unaudited Statements of Operations - USD ($)	3 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Condensed Consolidated Unaudited Statements of Operations
Sales (including excise taxes of $130.3 million and $97.1 million, respectively)	$ 565,989,507	$ 422,571,278
Cost of sales	531,019,924	395,638,615
Gross profit	34,969,583	26,932,663
Selling, general and administrative expenses	28,379,186	22,390,740
Depreciation and amortization	1,070,886	784,245
Total operating expenses	29,450,072	23,174,985
Operating income	5,519,511	3,757,678
Other expense (income):
Interest expense	1,694,158	322,097
Change in fair value of mandatorily redeemable non-controlling interest	(54,916)
Other (income), net	(53,532)	(40,109)
Total other expenses (income)	1,585,710	281,988
Income from operations before income taxes	3,933,801	3,475,690
Income tax expense	1,304,800	1,245,000
Equity method investment earnings, net of tax		770,365
Net income available to common shareholders	$ 2,629,001	$ 3,001,055
Basic earnings per share available to common shareholders	$ 4.52	$ 5.33
Diluted earnings per share available to common shareholders	$ 4.46	$ 5.18
Basic weighted average shares outstanding	581,612	563,546
Diluted weighted average shares outstanding	589,881	578,964
Dividends paid per common share	$ 0.18	$ 5.18

DIT Balance Sheet

2022-12-31

Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Sep. 30, 2022
Current assets:
Cash	$ 452,142	$ 431,576
Accounts receivable, less allowance for doubtful accounts of $2.0 million at December 2022 and $2.5 million September 2022	54,482,938	62,367,888
Inventories, net	185,213,063	134,654,637
Income taxes receivable	660,617	819,595
Prepaid expenses and other current assets	12,656,974	12,702,084
Total current assets	253,465,734	210,975,780
Property and equipment, net	48,449,099	48,085,520
Operating lease right-of-use assets, net	19,078,842	19,941,009
Goodwill	5,277,950	5,277,950
Other intangible assets, net	2,050,580	2,093,113
Other assets	2,551,744	2,751,155
Total assets	330,873,949	289,124,527
Current liabilities:
Accounts payable	33,296,105	39,962,363
Accrued expenses	14,658,185	14,446,210
Accrued wages, salaries and bonuses	3,794,970	7,811,207
Current operating lease liabilities	6,426,103	6,454,473
Current maturities of long-term debt	1,554,653	1,595,309
Current mandatorily redeemable non-controlling interest	1,755,611	1,712,095
Total current liabilities	61,485,627	71,981,657
Credit facilities	141,488,518	91,262,438
Deferred income tax liability, net	3,474,410	2,328,588
Long-term operating lease liabilities	12,989,955	13,787,721
Long-term debt, less current maturities	7,222,520	7,384,260
Mandatorily redeemable non-controlling interest, less current portion	9,348,028	9,446,460
Other long-term liabilities	152,889	103,968
Shareholders' equity:
Preferred stock, $.01 par value, 1,000,000 shares authorized
Common stock, $.01 par value, 3,000,000 shares authorized, 611,052 shares outstanding at December 2022 and 584,789 shares outstanding at September 2022	9,431	9,168
Additional paid-in capital	29,357,154	26,903,201
Retained earnings	96,212,704	96,784,353
Treasury stock at cost	(30,867,287)	(30,867,287)
Total shareholders' equity	94,712,002	92,829,435
Total liabilities and shareholders' equity	$ 330,873,949	$ 289,124,527