DENN
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 14.76 | 30.22 | ||
| Price to Sales | 0.70 | 1.31 | ||
| Book Value Per Common Share | -0.66 | -1.20 | -0.65 | -1.05 |
| Price to Book | -9.13 | -9.07 | ||
| Price to Operating Cash Flow | 10.77 | 8.45 | ||
| Price to Free Cash Flow | 345.71 | 9.80 | ||
| Enterprise Value to EBITDA | 46900.06 | 91099.84 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 523.00 | 82.00 | 367.00 | 46.54 | 53.75 |
| Price to Sales | 2.40 | 1.81 | 1.72 | 2.75 | 3.01 |
| Book Value Per Common Share | -0.63 | -0.67 | -0.71 | -0.66 | -1.06 |
| Price to Book | -8.24 | -6.11 | -5.18 | -9.13 | -6.08 |
| Price to Operating Cash Flow | 17.04 | 22.82 | 38.31 | 36.91 | 51.35 |
| Price to Free Cash Flow | 40.57 | 103.27 | -46.99 | -135.96 | -278.02 |
| Enterprise Value to EBITDA | 236901.91 | 159146.22 | 193753.18 | 159953.42 | 191726.63 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | 13.89 | -70.73 | 2.50 | |
| Revenue YoY | -2.50 | 1.64 | 14.63 | |
| EBITDA YoY | 6.14 | -50.65 | -4.23 | |
| Net Profit YoY | 8.15 | -73.30 | -4.30 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | -80.00 | 400.00 | -92.31 | 8.33 | |
| Revenue YoY | -3.75 | 5.39 | -2.65 | 2.61 | |
| EBITDA YoY | -14.30 | 36.18 | -49.82 | 12.44 | |
| Net Profit YoY | -74.41 | 657.67 | -95.20 | 4.30 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 0.05 | 0.11 | 0.09 | 0.51 |
| Quick Ratio | 0.28 | 0.27 | 0.33 | 0.54 |
| Current Ratio | 0.42 | 0.43 | 0.54 | 0.71 |
| Debt to Equity | -15.59 | -8.42 | -14.43 | -7.67 |
| Long-Term Debt to Equity | -12.78 | -6.77 | -11.90 | -6.18 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.04 | 0.02 | 0.04 | 0.05 | 0.08 |
| Quick Ratio | 0.19 | 0.23 | 0.22 | 0.28 | 0.24 |
| Current Ratio | 0.35 | 0.37 | 0.37 | 0.42 | 0.39 |
| Debt to Equity | -16.38 | -15.20 | -14.40 | -15.59 | -9.47 |
| Long-Term Debt to Equity | -13.48 | -12.66 | -12.03 | -12.78 | -7.86 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 4.35 | 4.29 | 14.99 | 17.93 |
| ROE | -63.40 | -31.82 | -201.29 | -119.62 |
| Gross Margin | 31.47 | 33.17 | 31.03 | 35.69 |
| Operating Margin | 11.36 | 10.35 | 24.44 | 29.28 |
| EBITDA Margin | 14.64 | 13.45 | 27.70 | 33.15 |
| Net Profit Margin | 4.77 | 4.30 | 16.37 | 19.61 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 0.13 | 0.50 | 0.07 | 1.37 | 1.41 |
| ROE | -1.93 | -7.14 | -0.90 | -19.97 | -11.96 |
| Gross Margin | 32.02 | 30.68 | 29.79 | 32.28 | 32.16 |
| Operating Margin | 6.13 | 7.56 | 5.05 | 13.51 | 12.21 |
| EBITDA Margin | 10.04 | 11.28 | 8.73 | 16.93 | 15.45 |
| Net Profit Margin | 0.56 | 2.10 | 0.29 | 5.93 | 5.83 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 496,274.00 | 464,818.00 | 498,335.00 | 435,527.00 |
| Current Assets | 39,993.00 | 44,050.00 | 50,315.00 | 69,249.00 |
| Cash and Short-Term Investments | 2,804.00 | 6,174.00 | 5,269.00 | 33,175.00 |
| Cash and Cash Equivalents | 1,698.00 | 4,893.00 | 3,523.00 | 30,624.00 |
| Short-Term Investments | 1,106.00 | 1,281.00 | 1,746.00 | 2,551.00 |
| Net Receivables | 24,433.00 | 21,391.00 | 25,576.00 | 19,621.00 |
| Inventory | 1,747.00 | 2,175.00 | 5,538.00 | 5,060.00 |
| Other Current Assets | 11,009.00 | 14,310.00 | 13,932.00 | 11,393.00 |
| Non-Current Assets | 456,281.00 | 420,768.00 | 448,020.00 | 366,278.00 |
| Property, Plant, Equipment Net | 242,355.00 | 216,387.00 | 227,033.00 | 227,612.00 |
| Goodwill | 66,357.00 | 65,908.00 | 72,740.00 | 36,884.00 |
| Intangible Assets | 91,739.00 | 93,428.00 | 95,034.00 | 50,226.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 1,066.00 | 1,702.00 | 2,337.00 | 14,473.00 |
| Other Non-Current Assets | 54,764.00 | 43,343.00 | 50,876.00 | 37,083.00 |
| Liabilities | 530,299.00 | 527,504.00 | 535,451.00 | 500,792.00 |
| Current Liabilities | 95,598.00 | 103,300.00 | 93,651.00 | 97,522.00 |
| Payables and Expenses | 64,612.00 | 71,609.00 | 58,400.00 | 63,617.00 |
| Account Payables | 19,985.00 | 24,070.00 | 19,896.00 | 15,595.00 |
| Current Accrued Liabilities | 40,195.00 | 42,840.00 | 34,052.00 | 43,489.00 |
| Short-Term Debt | 16,771.00 | 16,162.00 | 16,993.00 | 17,781.00 |
| Other Current Liabilities | 14,215.00 | 15,529.00 | 18,258.00 | 16,124.00 |
| Non-Current Liabilities | 434,701.00 | 424,204.00 | 441,800.00 | 403,270.00 |
| Long-Term Debt | 391,425.00 | 379,101.00 | 394,459.00 | 307,040.00 |
| Other Non-Current Liabilities | 43,276.00 | 45,103.00 | 47,341.00 | 96,230.00 |
| Equity | -34,025.00 | -62,686.00 | -37,116.00 | -65,265.00 |
| Shareholders Equity | -34,025.00 | -62,686.00 | -37,116.00 | -65,265.00 |
| Capital Stock | 513.00 | 529.00 | 650.00 | 642.00 |
| Share Premium | 0 | 6,688.00 | 142,136.00 | 135,596.00 |
| Retained Earnings | -2,499.00 | -21,784.00 | -41,729.00 | -116,441.00 |
| Treasury Shares | 0 | 6,460.00 | 95,476.00 | 30,592.00 |
| Accumulated Other Comprehensive Income | -32,039.00 | -41,659.00 | -42,697.00 | -54,470.00 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 408,196.00 | 395,263.00 | 411,452.00 | 324,821.00 |
| Net Debt | 259,602.00 | 250,607.00 | 257,977.00 | 139,376.00 |
| Common Shares Outstanding | 51,329.09 | 52,239.00 | 56,728.00 | 62,210.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 452,334.00 | 463,922.00 | 456,429.00 | 398,174.00 |
| Cost Of Revenue | 309,970.00 | 310,051.00 | 314,785.00 | 256,072.00 |
| Interest Income | 6,157.00 | 5,199.00 | 87.00 | 25.00 |
| Interest Expense | 22,116.00 | 21,070.00 | 12,140.00 | 12,463.00 |
| Non-Interest Expense | 80,197.00 | 77,770.00 | 67,173.00 | 68,686.00 |
| Gross Profit | 142,364.00 | 153,871.00 | 141,644.00 | 142,102.00 |
| Operating Expenses | 95,054.00 | 92,155.00 | 82,035.00 | 84,132.00 |
| Selling, General and Administrative Expenses | 80,197.00 | 77,770.00 | 67,173.00 | 68,686.00 |
| Operating Income | 47,310.00 | 61,716.00 | 59,609.00 | 57,970.00 |
| Net Non-Operating Income | 3,607.00 | 212.00 | -215.00 | 176.00 |
| EBT | 29,249.00 | 26,938.00 | 99,430.00 | 104,103.00 |
| Income Tax | 7,678.00 | 6,993.00 | 24,718.00 | 26,030.00 |
| Net Income Including Non-Controlling Interests | 21,571.00 | 19,945.00 | 74,712.00 | 78,073.00 |
| Net Income | 21,571.00 | 19,945.00 | 74,712.00 | 78,073.00 |
| EBIT | 51,365.00 | 48,008.00 | 111,570.00 | 116,566.00 |
| Deprecation and Amortization | 14,857.00 | 14,385.00 | 14,862.00 | 15,446.00 |
| EBITDA | 66,222.00 | 62,393.00 | 126,432.00 | 132,012.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 52,499.00 | 55,984.00 | 60,771.00 | 65,171.00 |
| Average Shares Outstanding Diluted | 52,614.00 | 56,196.00 | 60,879.00 | 65,573.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 29,487.00 | 72,125.00 | 39,452.00 | 76,173.00 |
| Operating Net Income | 21,571.00 | 19,945.00 | 74,712.00 | 78,073.00 |
| Deprecation and Amortization | 14,857.00 | 14,385.00 | 14,862.00 | 15,446.00 |
| Deferred Income Tax | 197.00 | -1,498.00 | 15,278.00 | 9,066.00 |
| Share Based Compensation | 10,678.00 | 8,880.00 | 11,400.00 | 13,602.00 |
| Change in Working Capital | -21,130.00 | 9,994.00 | -21,708.00 | 18,117.00 |
| Other Operating Activities | 3,314.00 | 20,419.00 | -55,092.00 | -58,131.00 |
| Investing Cash Flow | -26,673.00 | -7,564.00 | -86,596.00 | 29,014.00 |
| Capital Expenditure | -28,569.00 | -9,978.00 | -11,844.00 | -7,355.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 275.00 | 550.00 | 500.00 | -300.00 |
| Net Purchase/Sale of Business | 0 | -1,227.00 | -83,250.00 | -10,369.00 |
| Other Investing Activities | 0 | 0 | 0 | 0 |
| Financing Cash Flow | -6,009.00 | -63,191.00 | 20,043.00 | -78,455.00 |
| Net Issuance/Repayment of Debt | 7,605.00 | -8,105.00 | 89,799.00 | -45,243.00 |
| Net Issuance/Repurchase of Equity | -11,721.00 | -52,079.00 | -64,975.00 | -29,959.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | -1,893.00 | -3,007.00 | -4,781.00 | -3,253.00 |
| Net Change in Cash | -3,195.00 | 1,370.00 | -27,101.00 | 26,732.00 |
| Cash at Beginning of Period | 4,893.00 | 3,523.00 | 30,624.00 | 3,892.00 |
| Cash at End of Period | 1,698.00 | 4,893.00 | 3,523.00 | 30,624.00 |
| Free Cash Flow | 918.00 | 62,147.00 | 27,608.00 | 68,818.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 502,918.00 | 491,150.00 | 488,075.00 | 496,274.00 | 461,623.00 |
| Current Assets | 33,600.00 | 32,331.00 | 31,834.00 | 39,993.00 | 33,851.00 |
| Cash and Short-Term Investments | 2,224.00 | 1,166.00 | 2,168.00 | 2,804.00 | 4,368.00 |
| Cash and Cash Equivalents | 2,224.00 | 1,166.00 | 1,039.00 | 1,698.00 | 1,466.00 |
| Short-Term Investments | 0 | 0 | 1,129.00 | 1,106.00 | 2,902.00 |
| Net Receivables | 16,137.00 | 19,074.00 | 17,197.00 | 24,433.00 | 17,038.00 |
| Inventory | 2,122.00 | 2,129.00 | 1,876.00 | 1,747.00 | 1,835.00 |
| Other Current Assets | 13,117.00 | 9,962.00 | 10,593.00 | 11,009.00 | 10,610.00 |
| Non-Current Assets | 469,318.00 | 458,819.00 | 456,241.00 | 456,281.00 | 427,772.00 |
| Property, Plant, Equipment Net | 264,688.00 | 250,753.00 | 247,626.00 | 242,355.00 | 229,112.00 |
| Goodwill | 68,532.00 | 68,526.00 | 66,357.00 | 66,357.00 | 66,357.00 |
| Intangible Assets | 89,271.00 | 89,630.00 | 89,394.00 | 91,739.00 | 92,112.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 589.00 | 748.00 | 907.00 | 1,066.00 | 1,225.00 |
| Other Non-Current Assets | 46,238.00 | 49,162.00 | 51,957.00 | 54,764.00 | 38,966.00 |
| Liabilities | 535,612.00 | 525,729.00 | 524,495.00 | 530,299.00 | 516,106.00 |
| Current Liabilities | 95,046.00 | 87,982.00 | 86,306.00 | 95,598.00 | 87,692.00 |
| Payables and Expenses | 60,059.00 | 55,003.00 | 54,991.00 | 64,612.00 | 55,275.00 |
| Account Payables | 23,833.00 | 16,299.00 | 16,731.00 | 19,985.00 | 14,685.00 |
| Current Accrued Liabilities | 30,433.00 | 33,896.00 | 33,862.00 | 40,195.00 | 34,563.00 |
| Short-Term Debt | 16,562.00 | 17,982.00 | 17,430.00 | 16,771.00 | 16,533.00 |
| Other Current Liabilities | 18,425.00 | 14,997.00 | 13,885.00 | 14,215.00 | 15,884.00 |
| Non-Current Liabilities | 440,566.00 | 437,747.00 | 438,189.00 | 434,701.00 | 428,414.00 |
| Long-Term Debt | 399,883.00 | 399,437.00 | 398,016.00 | 391,425.00 | 387,930.00 |
| Other Non-Current Liabilities | 40,683.00 | 38,310.00 | 40,173.00 | 43,276.00 | 40,484.00 |
| Equity | -32,694.00 | -34,579.00 | -36,420.00 | -34,025.00 | -54,483.00 |
| Shareholders Equity | -32,694.00 | -34,579.00 | -36,420.00 | -34,025.00 | -54,483.00 |
| Capital Stock | 519.00 | 519.00 | 516.00 | 513.00 | 533.00 |
| Share Premium | 6,882.00 | 4,175.00 | 1,566.00 | 0 | 13,129.00 |
| Retained Earnings | 929.00 | 297.00 | -2,173.00 | -2,499.00 | -7,009.00 |
| Treasury Shares | 1,595.00 | 1,595.00 | 981.00 | 0 | 17,691.00 |
| Accumulated Other Comprehensive Income | -39,429.00 | -37,975.00 | -35,348.00 | -32,039.00 | -43,445.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 416,445.00 | 417,419.00 | 415,446.00 | 408,196.00 | 404,463.00 |
| Net Debt | 257,276.00 | 267,434.00 | 264,961.00 | 259,602.00 | 259,534.00 |
| Common Shares Outstanding | 51,498.99 | 51,495.00 | 51,431.00 | 51,329.09 | 51,326.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 113,244.00 | 117,657.00 | 111,637.00 | 114,674.00 | 111,759.00 |
| Cost Of Revenue | 76,978.00 | 81,562.00 | 78,379.00 | 77,653.00 | 75,819.00 |
| Interest Income | 919.00 | 896.00 | 1,119.00 | 1,348.00 | 1,633.00 |
| Interest Expense | 4,998.00 | 5,130.00 | 5,017.00 | 5,232.00 | 5,653.00 |
| Non-Interest Expense | 21,475.00 | 21,445.00 | 20,030.00 | 18,658.00 | 19,831.00 |
| Gross Profit | 36,266.00 | 36,095.00 | 33,258.00 | 37,021.00 | 35,940.00 |
| Operating Expenses | 25,909.00 | 25,823.00 | 24,137.00 | 22,577.00 | 23,453.00 |
| Selling, General and Administrative Expenses | 21,475.00 | 21,445.00 | 20,030.00 | 18,658.00 | 19,831.00 |
| Operating Income | 10,357.00 | 10,272.00 | 9,121.00 | 14,444.00 | 12,487.00 |
| Net Non-Operating Income | -3,137.00 | 563.00 | -162.00 | 1,922.00 | 824.00 |
| EBT | 1,939.00 | 3,761.00 | 620.00 | 10,266.00 | 7,994.00 |
| Income Tax | 1,307.00 | 1,291.00 | 294.00 | 3,470.00 | 1,478.00 |
| Net Income Including Non-Controlling Interests | 632.00 | 2,470.00 | 326.00 | 6,796.00 | 6,516.00 |
| Net Income | 632.00 | 2,470.00 | 326.00 | 6,796.00 | 6,516.00 |
| EBIT | 6,937.00 | 8,891.00 | 5,637.00 | 15,498.00 | 13,647.00 |
| Deprecation and Amortization | 4,434.00 | 4,378.00 | 4,107.00 | 3,919.00 | 3,622.00 |
| EBITDA | 11,371.00 | 13,269.00 | 9,744.00 | 19,417.00 | 17,269.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 52,054.00 | 52,059.00 | 52,324.00 | 52,103.00 | 52,148.00 |
| Average Shares Outstanding Diluted | 52,175.00 | 52,131.00 | 52,443.00 | 52,258.00 | 52,207.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 15,974.00 | 9,353.00 | 5,015.00 | 8,540.00 | 6,551.00 |
| Operating Net Income | 632.00 | 2,470.00 | 326.00 | 6,796.00 | 6,516.00 |
| Deprecation and Amortization | 4,434.00 | 4,378.00 | 4,107.00 | 3,919.00 | 3,622.00 |
| Deferred Income Tax | 2,948.00 | -518.00 | -1,163.00 | 1,536.00 | 626.00 |
| Share Based Compensation | 3,249.00 | 2,982.00 | 2,785.00 | 2,272.00 | 3,006.00 |
| Change in Working Capital | 4,649.00 | -2,617.00 | -5,287.00 | -6,477.00 | -8,037.00 |
| Other Operating Activities | 62.00 | 2,658.00 | 4,247.00 | 494.00 | 818.00 |
| Investing Cash Flow | -7,573.00 | -10,364.00 | -7,172.00 | -9,057.00 | -7,267.00 |
| Capital Expenditure | -9,265.00 | -7,285.00 | -9,099.00 | -10,859.00 | -7,762.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 1,142.00 | 0 | 1,775.00 | 0 |
| Net Purchase/Sale of Business | -23.00 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 1,715.00 | 0 | 0 | 27.00 | 495.00 |
| Financing Cash Flow | -7,343.00 | 1,138.00 | 1,498.00 | 749.00 | 1,016.00 |
| Net Issuance/Repayment of Debt | -7,337.00 | 1,854.00 | 3,450.00 | 1,216.00 | 2,911.00 |
| Net Issuance/Repurchase of Equity | 0 | -716.00 | -952.00 | -455.00 | -1,886.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -6.00 | 0.00 | -1,000.00 | -12.00 | -9.00 |
| Net Change in Cash | 1,058.00 | 127.00 | -659.00 | 232.00 | 300.00 |
| Cash at Beginning of Period | 1,166.00 | 1,039.00 | 1,698.00 | 1,466.00 | 1,166.00 |
| Cash at End of Period | 2,224.00 | 1,166.00 | 1,039.00 | 1,698.00 | 1,466.00 |
| Free Cash Flow | 6,709.00 | 2,068.00 | -4,084.00 | -2,319.00 | -1,211.00 |