AMCON Distributing Company

AMCON Distributing Company

DITยทAMEX

$78.25

+3.0%
Consumer DefensiveFood Distribution

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.

At a Glance

Live Snapshot
Market Cap$76.38M
EPS0.9300
P/E Ratio84.14
Earnings Date07/20/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 84.1).

Valuation inputs: P/E 84.1, earnings yield +1.2%, momentum +3.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +0.5%, ROIC +1.6%).

Profitability stack: net margin +0.0%, ROE +0.5%, ROIC +1.6%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +71.1%, momentum +3.0%, net margin +0.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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AMCON Distributing Company Market vs Earnings Trajectory

DIT ยท AMEX

Loading price and EPS data...

AMCON Distributing Company

AMCON Distributing Company Fair Value Envelope

DIT ยท AMEX

Our analysis suggests that DIT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $78.25, this represents a potential HIDDEN relative to our calculated worth for AMCON Distributing Company.

Intrinsic Value
Current Price: $78.25
3Y-97.0%
5Y-91.0%
10Y-90.0%
3Y+40.0%
5Y+150.0%
10Y+118.0%
3Y-97.0%
5Y-90.0%
10Y-90.0%
3Y-18.0%
5Y+23.0%
10Y+2.0%
3Y+18.0%
5Y-18.0%
10Y-42.0%
3Y+35.0%
5Y+108.0%
10Y+248.0%
AMCON Distributing Company

AMCON Distributing Company Profit Bridge

DIT ยท AMEX
Revenue2.82B
Cost of Goods Sold (2.63B)
Gross Profit188.23M
Operating Expenses (175.67M)
Operating Income12.56M
Interest Expense (10.44M)
Other Income/Expense-10.99M
Pretax Income1.56M
Income Tax (995.00K)
Net Income568.74K
Net Income
568.74K

Profitability Analysis

Gross Margin

6.7%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

0.4%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

0.0%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

63.6%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

6.68%
Gross Profit Margin
-1%
3Y+5.0%
5Y+16.0%
10Y+16.0%
0.45%
Operating Profit Margin
-33%
3Y-60.0%
5Y-25.0%
10Y-47.0%
0.02%
Net Profit Margin
-87%
3Y-98.0%
5Y-94.0%
10Y-96.0%
0.50%
Return on Equity
-87%
3Y-97.0%
5Y-94.0%
10Y-94.0%
0.15%
Return on Assets
-87%
3Y-97.0%
5Y-95.0%
10Y-97.0%
1.56%
Return on Invested Capital
-56%
3Y-78.0%
5Y-63.0%
10Y-79.0%
DIT

AMCON Distributing Company Cash Conversion Engine

DIT ยท AMEX
Net Income568.74K
Depreciation & Amortization9.84M
Stock-Based Compensation2.55M
Change in Working Capital6.97M
Others-933.04K
Capital Expenditures-9.00M
Free Cash Flow9.66M

Cash Flow Quality Analysis

FCF Conversion Rate

1699.2%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

48.2%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

-79.6%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$6.97M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

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AMCON Distributing Company Funding & Solvency Profile

DIT ยท AMEX
Cash & Cash Equivalents643.06K
Net Receivables72.80M
Inventory150.70M
Other Current Assets17.03M
Total Current Assets241 M
Property, Plant & Equipment140.31M
Goodwill & Intangible Assets9.79M
Long-Term Investments0.00
Other Non-Current Assets3.19M
Total Non-Current Assets144 M
Total Assets
394.47M

Financial Health Analysis

Current Ratio

2.17x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

2.51x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

130 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

61% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

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AMCON Distributing Company Street Expectations Map

DIT ยท AMEX

No Target Data

No analyst price targets available for dit.

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AMCON Distributing Company Insider Positioning

DIT ยท AMEX

During the last 12 months, there has been no insider trading activity reported for DIT.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

0.13%
Dividend Yield
-48%
3Y-96.0%
5Y-97.0%
10Y-37.0%
ย 

dit Dividend History

DIT
10Y CAGR +0%
Latest $0.12
Annual $0.82
Stable dividend payments
Last Period: +0%