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Descartes Systems Group Inc T.DSG

Alternate Symbol(s):  DSGX

The Descartes Systems Group Inc. is focused on logistics and supply chain management business processes. It provides on-demand, software-as-a-service (SaaS) solutions focused on improving the security and sustainability of logistics-intensive businesses. The Company allows customers to use its modular, SaaS solutions to route, track and help improve the safety, compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete other logistics processes by participating in the multimodal logistics community. Its solutions include cloud-based and consist of B2B service connectivity and messaging, broker and forwarder enterprise systems, global trade intelligence, regulatory compliance, e-commerce shipping, transportation management and routing. It also provides customs declaration software for logistics services providers and shippers.


TSX:DSG - Post by User

Bullboard Posts
Post by elmothefearlesson Jun 27, 2014 6:50pm
241 Views
Post# 22702263

Shake n bake

Shake n bakeWell, after raising over $100 million dollars, it looks like we have some more acquisitions in the pipeline.  We're trading probably about 15x forward earnings, but if management can continue making acquisitions at anywhere between 8-10x EBITDA, this capital raise will be accretive, and that forward multiple may be closer to 13-14x EBITDA, pretty cheap considering most SaaS are in the range of 18-25x forward EBITDA.  

DSG's niche - transportation service software - is not going away.  We are going to see continued growth in this sector, and for this company.  Looks like a bright future.
Bullboard Posts