Recommendation: Speculative Buy
| Entry Date | Symbol | Recommendation | Entry Price (CAD) | Target 1 (CAD) | Target 2 (CAD) | Holding Duration | Position Status | Return(%)* |
|---|---|---|---|---|---|---|---|---|
| 14 Oct, 25 | DE | Speculative Buy | CAD 7.46 | CAD 7.85 | CAD 7.95 | 10 days | Closed |
6.70%
|
*Return(%) represent the percentage change between the entry price and exit price of the recommendation.
Data Powered by EOD Historical Data (“EODHD”).
Decisive Dividend Corporation, through its subsidiaries, manufactures and sells wood burning stoves, fireplace inserts, and fireplaces in Canada, the United States, and internationally. It operates through two segments, Finished Product and Component Manufacturing. The company manufactures and sells air blast sprayers under the Turbo Mist brand; and wastewater evaporator systems under the EcoMister brand. It also designs, produces, and distributes wear parts and valves, including diverter valves, slurry and ball valves, apron feeder pans, grinding mill liners, hammers and blow bars, grizzly panels, and cooler grates. In addition, the company offers CNC machined parts, tools, and equipment; general machining, hydraulic fracturing tools, ground and subsurface tools, rods and couplings, reconditioning services, and resale parts; road maintenance and construction equipment comprising dozer blades, snow blades and wings, gravel reclaimers, road groomers, quick attach lifts, road mulchers, and mowers; and heating mats and lighting solutions for hog production. Further, it offers truck and automotive components, fuel-hydraulic fluid tanks, j-brackets and straps, bumpers, truck chassis components, cab panels, tool and battery boxes, and steel under-decking products; radiator seals and grommets; radiators; and polytetrafluoroethylene conveyor belts, tapes, and materials; and fuel tanks. Additionally, the company distributes Hydrau-Flo fast fuel filling valve systems; and designs, manufactures, and distributes merchandising products, systems, and solutions consisting of product pusher systems, loss prevention solutions, merchandising bins and accessories, shelf management systems, and sign holder systems, as well as displays for consumer-packaged goods customers. Decisive Dividend Corporation was founded in 1948 and is headquartered in Kelowna, Canada.
Higher Gross Profit: CAD 13.25 mn in Q2 2025 vs CAD 10.00 mn in Q2 2024
Higher Sales: CAD 36.26 mn in Q2 2025 vs CAD 28.69 mn in Q2 2024
Higher Manufacturing Costs: CAD 23.00 mn in Q2 2025 vs CAD 18.69 mn in Q2 2024
Higher Selling, General & Administration Costs: CAD 2.46 mn in Q2 2025 vs CAD 2.00 mn in Q2 2024
Volatility in the commodity price, Regulatory risks, Trade tariffs, Inflationary pressures, Lower cash flows, etc.
| Entry Price | Support* | Target 1** | Target 2** |
|---|---|---|---|
| 7.46 | 7.05 | 7.85 | 7.95 |
Data Source: REFINITIV, Analysis: StockNextt
*Support can be considered as an indicative stop-loss, and if prices move below that level on closing basis individuals may evaluate exiting the position depending on their risk appetite, previous holdings, and other factors considered. The support and resistance levels may need to be re-evaluated within 4-6 weeks’ time frame depending on the stock price movements from the date of recommendation on the stock.
**Target prices may vary by ±0.5% depending on market volatility.
Decent Revenue Growth Across Segments: Decisive Dividend posted a record quarter with consolidated sales up 26% YoY to CAD 36.3 mn. Growth was broad-based, led by agricultural, wear parts, and industrial product lines. The Component Manufacturing segment surged 35%, while Finished Products rose 20%. The company’s IHT division nearly doubled sales, reflecting robust demand and better order conversion, while wear parts sales grew 61% due to higher volumes at Unicast, Procore, and Techbelt.
Robust Cash Flow and Dividend Sustainability: Free cash flow climbed 125% YoY to CAD 3.1 mn, while free cash flow less maintenance capital surged 131% to CAD 2.8 mn. The trailing twelve-month dividend payout ratio improved sharply to 74% from 96% at the end of 2024, highlighting the company’s strengthened cash generation and improved balance sheet. Decisive maintained its quarterly dividend of CAD 0.14 per share, demonstrating confidence in sustaining shareholder returns.
Strategic Acquisitions and Balance Sheet Strength: Decisive completed two tuck-in acquisitions under Techbelt, adding complementary capacity and product diversity. Management highlighted a pipeline of additional acquisition opportunities supported by improved leverage ratios and a lower cost of capital. The company’s disciplined acquisition model and decent free cash flow base underpin its long-term strategy of steady growth, portfolio diversification, and sustainable dividend payouts.
Considering the expected valuation upside, resilient across market cycles, successful tuck-in acquisition, healthy balance sheet, sustainable shareholder returns, current trading levels and key business risks, a ‘Speculative Buy’ recommendation has been given on the stock at the last closing price of CAD 7.46, as on October 10, 2025.
Data Powered by EOD Historical Data (“EODHD”).
Sector: Industrials Industry: Conglomerates
| Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| DE Decisive Dividend Corp |
-0.01 0.14% | 7.10 | 26.00 | 15.60 | 0.96 | 2.51 | 1.45 | 8.58 |
Data Powered by EOD Historical Data (“EODHD”).
Markets are trading in a highly volatile zone currently due to certain macro-economic issues and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.
Related Risks: This report may be looked at from high-risk perspective and recommendations are provided are for a short duration. Recommendations provided in this report are solely based on technical parameters, and the fundamental performance of the stocks has not been considered in the decision-making process. Other factors which could impact the stock prices include market risks, regulatory risks, interest rates risks, currency risks, social and political instability risks etc.
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels as on October 14, 2025. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned has been achieved and is subject to the factors discussed above.
Note 4: StockNextt reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Target: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Target 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Target 2 may act as the crucial resistance level for the stock.
Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.
Disclaimer :
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