Stocktoria
DESCARTES SYSTEMS GROUP INC DSGX
DESCARTES SYSTEMS GROUP INC (DSGX) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2026 revenue was $729.0M at a 22.5% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.56 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-06-04 | Loop Capital | Buy (main) |
| 2026-04-16 | Rothschild & Co | Buy (up) |
| 2026-03-12 | Morgan Stanley | Overweight (main) |
| 2026-03-12 | BMO Capital | Market Perform (main) |
| 2026-03-12 | Barclays | Overweight (main) |
| 2026-02-04 | Scotiabank | Sector Outperform (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.137 |
| Retained earnings / assets | 0.278 |
| EBIT / assets | 0.111 |
| Equity / liabilities | 5.85 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| DSGX | DESCARTES SYSTEMS GROUP INC | 5/9 | 8.69 | 49.4 | +12% |
| APPN | APPIAN CORP | 6/9 | -2.3 | 1308.1 | +17.8% |
| CWAN | Clearwater Analytics Holdings, Inc. | 2/9 | 2.68 | — | +61.9% |
| BRZE | Braze, Inc. | 3/9 | -0.77 | — | +24.4% |
| VERX | Vertex, Inc. | 7/9 | 0.09 | 267.9 | +12.2% |
| NTSK | Netskope Inc | 5/9 | -4.34 | — | +31.7% |
| SPSC | SPS COMMERCE INC | 6/9 | 8.11 | 23.2 | +17.8% |
About DESCARTES SYSTEMS GROUP INC
The Descartes Systems Group Inc. provides global logistics technology solutions in the United States, Europe, the Middle East, Africa, Canada, and the Asia Pacific. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company offers a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services. It also provides its customers to use its modular and technology solutions to route, track, and measure delivery resources; plan, allocate, and execute shipments; rate, audit, and pay transportation invoices; access and analyze global trade data; research and perform trade tariff and duty calculations; file customs and security documents for imports and exports; and various other logistics processes. In addition, the company offers consulting, implementation, and training services, as well as maintenance and support services. It serves transportation providers, such as air, ocean, and truck modes; logistics service providers, including third-party logistics providers, freight forwarders, and customs brokers; and distribution-intensive companies, such as retailers, manufacturers, distributors, and mobile business service providers through subscription, transactional or perpetual license basis. The Descartes Systems Group Inc. was incorporated in 1981 and is headquartered in Waterloo, Canada.
FAQ
Is DSGX financially healthy?
DESCARTES SYSTEMS GROUP INC's Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does DSGX pay a dividend?
No, DESCARTES SYSTEMS GROUP INC does not currently pay a dividend.
How profitable is DSGX?
In FY2026, DESCARTES SYSTEMS GROUP INC had a net margin of 22.5% and a return on equity of 10.1%.
Is DSGX overvalued or undervalued?
DESCARTES SYSTEMS GROUP INC trades at about 41.5× trailing earnings — below its 10-year norm (10-year range 35.4×–96.0×, median 71.9×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for DSGX?
The average Wall-Street price target for DESCARTES SYSTEMS GROUP INC is $100.62, about 29.6% above the recent price, from 13 analysts (consensus: buy).
Is DSGX a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on DESCARTES SYSTEMS GROUP INC: a Piotroski F-score of 5/9, an Altman Z″ in the safe zone, a P/E of about 49.4×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2026-01-31. Facts plus Stocktoria's own computed scores — not investment advice.