Diamond Hill Investment Group Inc

Finance
Investment Managers
www.diamond-hill.com

Earnings Score
Moat Score

Market Cap $445.17M
PE 9
Debt $NaN
Cash $33.72M
EV $NaN
FCF $48.07M

Earnings

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Sales & Net Margins

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Earnings	$49.40M
EBIT	$35.07M
ROE	30%
ROA	15%
FCF	$48.07M
Equity	$166.49M
Growth Stability	66%
PE	9.01
PEG	-18.7
PB	2.67
P/FCF	9.26
P/S	3.05
Price/Cash	0.08
Net Margins	32%
Op. Margins	24%
Earnings CAGR	1%
Sales Growth YoY	10%
Sales Growth QoQ	6%
Sales CAGR	2%
FCF CAGR	-0%
Equity CAGR	5%
Earnings Stability	0.01
Earnings Growth YoY	126%

Earnings Growth QoQ	80%
Earnings CAGR 5Y	-0%
Sales CAGR 5Y	1%
FCF CAGR 5Y	-5%
Equity CAGR 5Y	-6%
Earnings CAGR 3Y	-10%
Sales CAGR 3Y	-10%
FCF CAGR 3Y	23%
Equity CAGR 3Y	-4%
Market Cap	$445.17M
Revenue	$145.80M
Dividend Yield	4%
Payout Ratio	34%
Assets	$240.81M
Cash	$33.72M
Shares Outstanding	2.73M
Earnings Score	6%
Moat Score	96%
Shares Growth 3y	1%
Equity Growth QoQ	6%
Equity Growth YoY	2%

Assets & ROA

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Stockholders Equity & ROE

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Diamond Hill Investment Group Inc sponsors, markets, and provides investment advisory and related services to various U.S. and foreign clients including mutual funds, separate accounts, and private investment funds. The company's objective is to fulfill a fiduciary duty to clients and secondary objectives to achieve an adequate long-term return for shareholders. It generates its revenue from Investment advisory and Mutual fund administration fees.

SEC Filings

Direct access to Diamond Hill Investment Group Inc (DHIL) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Diamond Hill Investment Group Inc compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Diamond Hill Investment Group Inc compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 1%

Stability 1%

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Diamond Hill Investment Group Inc Discounted Cash Flow

Fully customizable DCF calculator online for Diamond Hill Investment Group Inc.

Years

Calculation mode

= $470M

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$48M	$48M	$48M	$48M	$47M	$47M	$47M	$47M	$47M	$47M	$47M	$465M
DCF		$44M	$39M	$36M	$32M	$29M	$27M	$24M	$22M	$20M	$18M	$179M
Value	$470M

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	30%	30%	34%	34%	32%	40%	30%	41%	24%	31%	32%
ROA	-	40%	32%	27%	22%	18%	17%	27%	26%	15%	15%
ROE	-	35%	33%	29%	24%	28%	21%	40%	23%	26%	30%

Good Net Margins (31.96%)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	-	-	-	-	-	-	-	-	-	-
Debt over Equity	-	-	-	-	-	-	-	-	-	-	-
Growth Stability	-	-	-	100%	100%	100%	76%	100%	66%	85%	66%

Neutral Debt/FCF ratio (-)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Neutral Debt/Equity ratio (-)

The company has a balance between equity and debt that is not too good nor too bad.

Bad Graham’s Stability (66%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	19%	9%	7%	0%	-6%	-7%	44%	-15%	-12%	1%
Earnings YoY growth	-	17%	24%	9%	-7%	19%	-31%	94%	-50%	15%	-0%
Equity YoY growth	-	42%	32%	24%	13%	-1%	-5%	0%	-11%	-2%	-6%
FCF YoY growth	-	23%	-61%	205%	-54%	106%	2%	-56%	56%	-12%	-5%