DTCK

Company Overview — What Does DAVIS COMMODITIES Ltd Do?

We are an agricultural commodity trading company based in Singapore which specializes in trading of three main categories of agricultural commodities: sugar, rice, and oil and fat products. We distribute agricultural commodities to various markets, including Asia, Africa and the Middle East. We also provide customers of our commodity offerings with complementary, ancillary services such as warehouse handling and storage and logistics services. We are an asset light business and utilize an established global network of third-party commodity suppliers and logistics service providers in order to distribute sugar, rice, and oil and fat products to customers in over 20 countries as of the fiscal year ended December 31, 2022. We source and market the commodities we distribute under two main brands: Maxwill and Taffy. We are also the exclusive distributor of the Lin brand in Singapore. The Maxwill brand is owned by us and is used for the sugar products and oil and fat products that we distribute outside of Singapore. We have an exclusive distributorship with the Thai Roong Ruang Sugar Group, a large sugar producer in Thailand, for the exclusive distribution of sugar products under their Lin brand in Singapore. We have also appointed Tong Seng Produce Pte. Ltd., an established distributor of rice, oil, sugar, flour and fiber products in Singapore, for the exclusive distribution of certain sugar products under our Taffy brand. We specialize in the sourcing and distribution of sugar products, with sugar products contributing to approximately 74.9% and 69.6% of our revenue for the fiscal years ended December 31, 2022 and 2021, respectively. We procure sugar products from various origins in order to offer a wide range of sugar products to our customers in Singapore, as well as in different markets in Asia, Africa and the Middle East regions. We are a member of The Refined Sugar Association in London, which is the trade association for the international white refined sugar trade. We also source and sell a wide selection of rice products and oil and fat products to our customers in Africa and the People’s Republic of China, or the PRC. We pride ourselves on the quality of our products and our ability to provide a ‘one-stop service’ to customers. We engage third party service providers for services such as warehouse handling and storage and logistics services (including distribution, freight forwarding and shipping services) to distribute the commodity products from our suppliers to our customers. We also arrange for our customers’ insurance and security coverage, including cargo insurance for the commodities which pass through our supply chain. Our operations are connected to a large network of such service providers, including freight and shipping companies, which are experienced in handling commodities. Their experienced network, in turn, enables us to coordinate, organize and manage our operations efficiently and offer our customers timely and cost-effective services. We are also able to oversee the quality of the products from the point of procurement to the point of distribution to our customers. We are led by a devoted management team which is highly experienced in the agricultural commodities industry and has a keen understanding of market dynamics through our regional network of customers, suppliers and service providers. Since our establishment in 1999, we have experienced significant growth. For the fiscal years ended December 31, 2021 and 2022, we had total revenue of approximately US$194.2 million and US$206.7 million, respectively, representing an increase by 6.4%. According to Frost & Sullivan Limited, whom we commissioned in June 2022 to produce the “The Agricultural Commodity Market Independent Market Research Report” (the “Frost & Sullivan Report”), we were the largest sugar supplier in Singapore, based on revenue in 2021, with an approximate market share of 7.5% in the sugar market in Singapore. Our principal executive offices are located at 10 Bukit Batok Crescent, #10-01, The Spire, Singapore 658079, and our phone number is +65 6896 5333. Our registered office in the Cayman Islands is located at Cricket Square, Hutchins Drive, PO Box 2681, Grand Cayman, KY1-1111, Cayman Islands. Our agent for service of process in the United States is Cogency Global Inc., located at 122 East 42nd Street, 18th Floor, New York, NY. DAVIS COMMODITIES Ltd (DTCK) is classified as a micro-cap stock in the Consumer Staples sector, specifically within the Wholesale industry. The company is led by CEO Li Peng Leck. With a market capitalization of $1M, DTCK is one of the notable companies in the Consumer Staples sector.

DAVIS COMMODITIES Ltd (DTCK) Stock Rating — Reduce (April 2026)

As of April 2026, DAVIS COMMODITIES Ltd receives a Reduce rating with a composite score of 38.2/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.DTCK ranks #2,087 out of 4,446 stocks in our coverage universe. Within the Consumer Staples sector, DAVIS COMMODITIES Ltd ranks #80 of 180 stocks, placing it in the upper half of its Consumer Staples peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

DTCK Stock Price and 52-Week Range

DAVIS COMMODITIES Ltd (DTCK) currently trades at $1.42. The stock lost $0.11 (7.2%) in the most recent trading session. The 52-week high for DTCK is $6.89, which means the stock is currently trading -79.4% from its annual peak. The 52-week low is $0.08, putting the stock 1753.9% above its annual trough. Recent trading volume was 47K shares, suggesting relatively thin trading activity.

Is DTCK Overvalued or Undervalued? — Valuation Analysis

DAVIS COMMODITIES Ltd (DTCK) carries a value factor score of 25/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.20x, versus the sector average of 1.74x. The price-to-sales ratio is 0.00x, compared to 0.35x for the average Consumer Staples stock.

At current multiples, DAVIS COMMODITIES Ltd trades at a premium to most Consumer Staples peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

DAVIS COMMODITIES Ltd Profitability — ROE, Margins, and Quality Score

DAVIS COMMODITIES Ltd (DTCK) earns a quality factor score of 35/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -209.8%, compared to the Consumer Staples sector average of 7.7%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -71.7% versus the sector average of 3.1%.

On a margin basis, DAVIS COMMODITIES Ltd reports gross margins of 1.8%, compared to 26.2% for the sector. The operating margin is -2.8% (sector: 2.9%). Net profit margin stands at -2.7%, versus 1.6% for the average Consumer Staples stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

DTCK Debt, Balance Sheet, and Financial Health

DAVIS COMMODITIES Ltd has a debt-to-equity ratio of 6.0%, compared to the Consumer Staples sector average of 72.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $394,000. Cash and equivalents stand at $678,000.

DTCK has a beta of -1.82, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for DAVIS COMMODITIES Ltd is 26/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

DAVIS COMMODITIES Ltd Revenue and Earnings History — Quarterly Trend

In TTM 2026, DAVIS COMMODITIES Ltd reported revenue of $132M and earnings per share (EPS) of $-0.14. Net income for the quarter was $-4M. Gross margin was 1.8%. Operating income came in at $-4M.

In FY 2024, DAVIS COMMODITIES Ltd reported revenue of $132M and earnings per share (EPS) of $-0.14. Net income for the quarter was $-4M. Gross margin was 1.8%. Revenue grew -30.6% year-over-year compared to FY 2023. Operating income came in at $-4M.

In FY 2023, DAVIS COMMODITIES Ltd reported revenue of $191M and earnings per share (EPS) of $0.20. Net income for the quarter was $1M. Gross margin was 3.7%. Revenue grew -7.7% year-over-year compared to FY 2022. Operating income came in at $1M.

In FY 2022, DAVIS COMMODITIES Ltd reported revenue of $207M and earnings per share (EPS) of $0.20. Net income for the quarter was $5M. Gross margin was 6.2%. Operating income came in at $5M.

Over the past 4 quarters, DAVIS COMMODITIES Ltd has experienced revenue contraction from $207M to $132M. Investors analyzing DTCK stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

DTCK Dividend Yield and Income Analysis

DAVIS COMMODITIES Ltd (DTCK) does not currently pay a dividend. This is common among smaller companies in the Wholesale industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Consumer Staples dividend stocks may want to explore other Consumer Staples stocks or use the stock screener to filter by dividend yield.

DTCK Momentum and Technical Analysis Profile

DAVIS COMMODITIES Ltd (DTCK) has a momentum factor score of 33/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 60/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 69/100 reflects moderate short selling activity.

DTCK vs Competitors — Consumer Staples Sector Ranking and Peer Comparison

Within the Consumer Staples sector, DAVIS COMMODITIES Ltd (DTCK) ranks #80 out of 180 stocks based on the Blank Capital composite score. This places DTCK in the upper half of all Consumer Staples stocks in our coverage universe. Key competitors and sector peers include Ituran Location & Control Ltd. (ITRN) with a score of 60.3/100, DARLING INGREDIENTS INC. (DAR) with a score of 52.9/100, Bunge Global SA (BG) with a score of 53.0/100, SANFILIPPO JOHN B & SON INC (JBSS) with a score of 54.1/100, and Archer-Daniels-Midland Co (ADM) with a score of 52.2/100.

Comparing DTCK against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full DTCK vs S&P 500 (SPY) comparison to assess how DAVIS COMMODITIES Ltd stacks up against the broader market across all factor dimensions.

DTCK Next Earnings Date

No upcoming earnings date has been announced for DAVIS COMMODITIES Ltd (DTCK) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy DTCK? — Investment Thesis Summary

The quantitative profile for DAVIS COMMODITIES Ltd suggests caution. The quality score of 35/100 flags below-average profitability. The value score of 25/100 indicates premium valuation. Momentum is weak at 33/100, a headwind for near-term performance. High volatility (stability score 26/100) increases portfolio risk.

In summary, DAVIS COMMODITIES Ltd (DTCK) earns a Reduce rating with a composite score of 38.2/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on DTCK stock.

Related Resources for DTCK Investors

Explore more research and tools: DTCK vs S&P 500 comparison, top Consumer Staples stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare DTCK head-to-head with peers: DTCK vs ITRN, DTCK vs DAR, DTCK vs BG.