$Digi International (DGII.US)$In the 2023.2.23 analysis, dou...

The US company, which was listed in 1989, is mainly engaged in business and critical tasks and IoT business. The main market is in the US, and the current price is 24.95.

Revenue has continued to grow over the past 5 years, with an average growth rate of 14.4%, operating profit with an average growth rate of 64% in the past 3 years, and net profit with an average growth rate of 43% in the past 3 years. Interest expenses account for 50% of operating profit in 2023, and the interest burden is extremely heavy. The gross margin has increased from 46.8% to 56.7% in the past 5 years. The net profit margin has just increased to 5.6%, and the return on net assets is 4.8%.

In the first half of 2024, revenue contracted 3%, operating profit shrank 16%, and net profit shrank 92% to 940,000.

Currently, the price-earnings ratio is 37.5, and the price-earnings ratio is TTM 66.2. Considering that growth is showing signs of peaking, and revenue has only reached 445 million over the past few decades, the market potential is limited and unattractive.