Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Ann Simms was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 11
Doman Building Materials Group Ltd. Announces Executive Changes, Effective May 8, 2026 Doman Building Materials Group Ltd. announced that Yong-Jae Kim has been appointed Corporate Secretary and assumes the role and duties of General Counsel from Rob Doman, effective May 8, 2026. Reported Earnings • May 11
First quarter 2026 earnings released: EPS: CA$0.27 (vs CA$0.27 in 1Q 2025) First quarter 2026 results: EPS: CA$0.27 (up from CA$0.27 in 1Q 2025). Revenue: CA$762.0m (down 3.9% from 1Q 2025). Net income: CA$23.9m (up 1.6% from 1Q 2025). Profit margin: 3.1% (up from 3.0% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 17
Doman Building Materials Group Ltd. to Report Q1, 2026 Results on May 08, 2026 Doman Building Materials Group Ltd. announced that they will report Q1, 2026 results After-Market on May 08, 2026 Declared Dividend • Mar 18
Fourth quarter dividend of CA$0.14 announced Dividend of CA$0.14 is the same as last year. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 5.8%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 3.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 13
Doman Building Materials Group Ltd. Declares Quarterly Dividend, Payable on April 15, 2026 Doman Building Materials Group Ltd. announced that its board of directors has declared a dividend for the 64th consecutive quarter, which will be paid on April 15, 2026, to shareholders of record on March 31, 2026, of $0.14 per share. Reported Earnings • Mar 06
Full year 2025 earnings released: EPS: CA$0.92 (vs CA$0.62 in FY 2024) Full year 2025 results: EPS: CA$0.92 (up from CA$0.62 in FY 2024). Revenue: CA$3.12b (up 17% from FY 2024). Net income: CA$80.3m (up 48% from FY 2024). Profit margin: 2.6% (up from 2.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 17
Doman Building Materials Group Ltd., Annual General Meeting, May 08, 2026 Doman Building Materials Group Ltd., Annual General Meeting, May 08, 2026. Announcement • Feb 05
Doman Building Materials Group Ltd. to Report Q4, 2025 Results on Mar 05, 2026 Doman Building Materials Group Ltd. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 05, 2026 Announcement • Feb 03
Doman Building Materials Group Ltd. Announces CFO Changes, Effective April 7, 2026 Doman Building Materials Group Ltd. announced the upcoming retirement of Chief Financial Officer, James Code, effective April 7, 2026. Following a planned succession process, the Company announced the appointment of Darren Gwozd as Chief Financial Officer, effective April 7, 2026. Mr. Code joined Doman in 2009 and has served as Chief Financial Officer of Doman since 2011 and has played a key role in the Company's growth, transformation, and financial stewardship during his tenure. Under his leadership, Doman strengthened its financial reporting and controls, executed on multiple strategic acquisitions, completed significant capital raises and complex credit facilities and navigated varying market and operating cycles. Mr. Gwozd joins Doman from Western Forest Products Inc., where he served as Vice President, Finance, leading core finance functions including financial reporting, planning and analysis, treasury, tax, and internal audit, and supporting the Board of Directors and Audit Committee. Previously, he served as Chief Financial Officer of Great Canadian Gaming Corporation, initially a TSX-listed public issuer, and later supported the company through a private equity sponsored take private transaction. In that role, he led the financial operations of a complex, multi-jurisdictional high-revenue enterprise through a period of significant growth and transition, with experience spanning public company reporting, capital markets, and large-scale financings. Following his retirement, Mr. Code will continue to support the Company as a Special Advisor, providing transition support and advisory assistance to management as requested. This arrangement is intended to ensure continuity and a seamless transition as Mr. Gwozd assumes the role of Chief Financial Officer. Declared Dividend • Dec 18
Third quarter dividend of CA$0.14 announced Dividend of CA$0.14 is the same as last year. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 5.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 7.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Dec 16
Doman Building Materials Group Ltd. announces Quarterly dividend, payable on January 15, 2026 Doman Building Materials Group Ltd. announced Quarterly dividend of CAD 0.1400 per share payable on January 15, 2026, ex-date on December 31, 2025 and record date on December 31, 2025. Reported Earnings • Nov 09
Third quarter 2025 earnings released: EPS: CA$0.21 (vs CA$0.17 in 3Q 2024) Third quarter 2025 results: EPS: CA$0.21 (up from CA$0.17 in 3Q 2024). Revenue: CA$795.1m (up 20% from 3Q 2024). Net income: CA$18.1m (up 24% from 3Q 2024). Profit margin: 2.3% (up from 2.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Announcement • Oct 16
Doman Building Materials Group Ltd. to Report Q3, 2025 Results on Nov 06, 2025 Doman Building Materials Group Ltd. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025 Declared Dividend • Sep 17
Second quarter dividend of CA$0.14 announced Dividend of CA$0.14 is the same as last year. Ex-date: 29th September 2025 Payment date: 15th October 2025 Dividend yield will be 5.8%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 15
Doman Building Materials Group Ltd. Announces Quarterly Dividend, Payable on October 15, 2025 Doman Building Materials Group Ltd. announced that its board of directors has declared a dividend for the 62nd consecutive quarter, which will be paid on October 15, 2025, to shareholders of record on September 29, 2025, of $0.14 per share. New Risk • Aug 17
New major risk - Revenue and earnings growth Earnings have declined by 4.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Earnings have declined by 4.0% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Price Target Changed • Aug 12
Price target increased by 8.1% to CA$11.00 Up from CA$10.18, the current price target is an average from 7 analysts. New target price is 15% above last closing price of CA$9.54. Stock is up 43% over the past year. The company is forecast to post earnings per share of CA$1.00 for next year compared to CA$0.62 last year. Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: CA$0.32 (vs CA$0.20 in 2Q 2024) Second quarter 2025 results: EPS: CA$0.32 (up from CA$0.20 in 2Q 2024). Revenue: CA$886.7m (up 28% from 2Q 2024). Net income: CA$27.7m (up 63% from 2Q 2024). Profit margin: 3.1% (up from 2.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. New Risk • Aug 07
New major risk - Revenue and earnings growth Earnings have declined by 4.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Earnings have declined by 4.6% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Price Target Changed • Jul 16
Price target increased by 8.9% to CA$10.04 Up from CA$9.21, the current price target is an average from 7 analysts. New target price is 16% above last closing price of CA$8.63. Stock is up 24% over the past year. The company is forecast to post earnings per share of CA$0.95 for next year compared to CA$0.62 last year. Announcement • Jul 16
Doman Building Materials Group Ltd. to Report Q2, 2025 Results on Aug 06, 2025 Doman Building Materials Group Ltd. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Declared Dividend • Jun 16
First quarter dividend of CA$0.14 announced Dividend of CA$0.14 is the same as last year. Ex-date: 30th June 2025 Payment date: 15th July 2025 Dividend yield will be 6.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 13
Doman Building Materials Group Ltd. Announces Quarterly Dividend, Payable on July 15, 2025 Doman Building Materials Group Ltd. announced that its board of directors has declared a dividend for the 61st consecutive quarter, which will be paid on July 15, 2025, to shareholders of record on June 30, 2025, of $0.14 per share. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CA$8.44, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Trade Distributors industry in Canada. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$13.16 per share. New Risk • May 11
New major risk - Revenue and earnings growth Earnings have declined by 0.03% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Earnings have declined by 0.03% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • May 09
First quarter 2025 earnings released: EPS: CA$0.27 (vs CA$0.17 in 1Q 2024) First quarter 2025 results: EPS: CA$0.27 (up from CA$0.17 in 1Q 2024). Revenue: CA$793.2m (up 32% from 1Q 2024). Net income: CA$23.6m (up 64% from 1Q 2024). Profit margin: 3.0% (up from 2.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 2.8% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Price Target Changed • Apr 25
Price target decreased by 10% to CA$9.25 Down from CA$10.29, the current price target is an average from 6 analysts. New target price is 38% above last closing price of CA$6.69. Stock is down 14% over the past year. The company is forecast to post earnings per share of CA$0.88 for next year compared to CA$0.62 last year. Announcement • Apr 17
Doman Building Materials Group Ltd. to Report Q1, 2025 Results on May 08, 2025 Doman Building Materials Group Ltd. announced that they will report Q1, 2025 results After-Market on May 08, 2025 Price Target Changed • Mar 25
Price target decreased by 8.1% to CA$10.57 Down from CA$11.50, the current price target is an average from 7 analysts. New target price is 47% above last closing price of CA$7.17. Stock is down 16% over the past year. The company is forecast to post earnings per share of CA$0.88 for next year compared to CA$0.62 last year. Declared Dividend • Mar 19
Fourth quarter dividend of CA$0.14 announced Dividend of CA$0.14 is the same as last year. Ex-date: 31st March 2025 Payment date: 15th April 2025 Dividend yield will be 8.1%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is not adequately covered by earnings (90.1% earnings payout ratio). However, it is covered by cash flows (52% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share is expected to grow by 58% over the next 2 years, which should maintain adequate earnings cover for the dividend. Announcement • Mar 14
Doman Building Materials Group Ltd. Announces Quarterly Dividend , Payable on April 15, 2025 Doman Building Materials Group Ltd. announced that its board of directors has declared a dividend for the 60th consecutive quarter, which will be paid on April 15, 2025, to shareholders of record on March 31, 2025, of $0.14 per share. Recent Insider Transactions • Mar 05
Chairman & CEO recently bought CA$124k worth of stock On the 3rd of March, Amardeip Doman bought around 18k shares on-market at roughly CA$7.09 per share. This transaction amounted to 6.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Amardeip has been a buyer over the last 12 months, purchasing a net total of CA$1.2m worth in shares. Price Target Changed • Mar 03
Price target decreased by 7.2% to CA$10.75 Down from CA$11.58, the current price target is an average from 6 analysts. New target price is 54% above last closing price of CA$6.98. Stock is down 15% over the past year. The company is forecast to post earnings per share of CA$0.88 for next year compared to CA$0.62 last year. Reported Earnings • Feb 28
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: CA$0.62 (down from CA$0.87 in FY 2023). Revenue: CA$2.66b (up 6.9% from FY 2023). Net income: CA$54.2m (down 28% from FY 2023). Profit margin: 2.0% (down from 3.0% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Feb 28
Doman Building Materials Group Ltd., Annual General Meeting, May 08, 2025 Doman Building Materials Group Ltd., Annual General Meeting, May 08, 2025. Announcement • Jan 30
Doman Building Materials Group Ltd. to Report Q4, 2024 Results on Feb 27, 2025 Doman Building Materials Group Ltd. announced that they will report Q4, 2024 results After-Market on Feb 27, 2025 Declared Dividend • Dec 16
Third quarter dividend of CA$0.14 announced Dividend of CA$0.14 is the same as last year. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 6.2%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (76% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to grow by 56% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Dec 13
Doman Building Materials Group Ltd. Announces Quarterly Dividend, Payable on January 15, 2025 Doman Building Materials Group Ltd. announced that its board of directors has declared a dividend for the 59th consecutive quarter, which will be paid on January 15, 2025, to shareholders of record on December 31, 2024, of $0.14 per share. Price Target Changed • Nov 25
Price target increased by 7.6% to CA$11.75 Up from CA$10.92, the current price target is an average from 6 analysts. New target price is 23% above last closing price of CA$9.58. Stock is up 43% over the past year. The company posted earnings per share of CA$0.87 last year. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: CA$0.17 (vs CA$0.24 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.17 (down from CA$0.24 in 3Q 2023). Revenue: CA$663.1m (up 3.0% from 3Q 2023). Net income: CA$14.6m (down 31% from 3Q 2023). Profit margin: 2.2% (down from 3.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Oct 17
Doman Building Materials Group Ltd. to Report Q3, 2024 Results on Nov 07, 2024 Doman Building Materials Group Ltd. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Buy Or Sell Opportunity • Oct 16
Now 21% undervalued Over the last 90 days, the stock has risen 28% to CA$8.94. The fair value is estimated to be CA$11.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 27%. Revenue is forecast to grow by 19% in a year. Earnings are forecast to grow by 22% in the next year. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CA$8.88, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Trade Distributors industry in Canada. Total returns to shareholders of 78% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$6.54 per share. Price Target Changed • Oct 03
Price target increased by 8.4% to CA$9.71 Up from CA$8.96, the current price target is an average from 6 analysts. New target price is 9.9% above last closing price of CA$8.83. Stock is up 19% over the past year. The company is forecast to post earnings per share of CA$0.64 for next year compared to CA$0.87 last year. Declared Dividend • Sep 16
Second quarter dividend of CA$0.14 announced Dividend of CA$0.14 is the same as last year. Ex-date: 27th September 2024 Payment date: 15th October 2024 Dividend yield will be 7.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but not covered by cash flows (328% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Sep 13
Doman Building Materials Group Ltd. Announces Quarterly Dividend, Payable on October 15, 2024 Doman Building Materials Group Ltd. announced that its board of directors has declared a dividend for the 58th consecutive quarter, which will be paid on October 15, 2024, to shareholders of record on September 27, 2024, of $0.14 per share. Reported Earnings • Aug 11
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: CA$0.20 (down from CA$0.34 in 2Q 2023). Revenue: CA$689.8m (down 2.9% from 2Q 2023). Net income: CA$17.0m (down 42% from 2Q 2023). Profit margin: 2.5% (down from 4.1% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Jul 20
Doman Building Materials Group Ltd. to Report Q2, 2024 Results on Aug 09, 2024 Doman Building Materials Group Ltd. announced that they will report Q2, 2024 results After-Market on Aug 09, 2024 Declared Dividend • Jun 17
First quarter dividend of CA$0.14 announced Dividend of CA$0.14 is the same as last year. Ex-date: 28th June 2024 Payment date: 12th July 2024 Dividend yield will be 7.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but not covered by cash flows (304% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend. Announcement • Jun 15
Doman Building Materials Group Ltd. Announces Quarterly Dividend, Payable on July 12, 2024 Doman Building Materials Group Ltd. announce that its board of directors has declared a dividend for the 57th consecutive quarter, which will be paid on July 12, 2024, to shareholders of record on June 28, 2024, of $0.14 per share. Recent Insider Transactions • Jun 02
Chairman & CEO recently bought CA$524k worth of stock On the 30th of May, Amardeip Doman bought around 74k shares on-market at roughly CA$7.13 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Amardeip has been a buyer over the last 12 months, purchasing a net total of CA$1.4m worth in shares. Recent Insider Transactions • May 17
Chairman & CEO recently bought CA$434k worth of stock On the 14th of May, Amardeip Doman bought around 60k shares on-market at roughly CA$7.24 per share. This transaction amounted to 55% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Amardeip has been a buyer over the last 12 months, purchasing a net total of CA$770k worth in shares. Announcement • May 11
Doman Building Materials Group Ltd. Elects Ann M. Simms as Director Doman Building Materials Group Ltd. at its AGM held on May 9, 2024 approved election of Ann M. Simms as director. Reported Earnings • May 10
First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2024 results: EPS: CA$0.17 (down from CA$0.17 in 1Q 2023). Revenue: CA$602.5m (down 1.1% from 1Q 2023). Net income: CA$14.4m (down 3.6% from 1Q 2023). Profit margin: 2.4% (in line with 1Q 2023). Revenue missed analyst estimates by 8.2%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Apr 20
Doman Building Materials Group Ltd. to Report Q1, 2024 Results on May 09, 2024 Doman Building Materials Group Ltd. announced that they will report Q1, 2024 results After-Market on May 09, 2024 Buy Or Sell Opportunity • Apr 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.0% to CA$7.85. The fair value is estimated to be CA$9.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 18%. Upcoming Dividend • Mar 20
Upcoming dividend of CA$0.14 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 12 April 2024. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 6.8%. Within top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (2.3%). Declared Dividend • Mar 18
Fourth quarter dividend of CA$0.14 announced Dividend of CA$0.14 is the same as last year. Ex-date: 27th March 2024 Payment date: 12th April 2024 Dividend yield will be 6.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to grow by 5.7% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 15
Doman Building Materials Group Ltd. Announces Quarterly Dividend, Payable on April 12, 2024 Doman Building Materials Group Ltd. announced that its board of directors has declared a dividend for the 56th consecutive quarter, which will be paid on April 12, 2024, to shareholders of record on March 28, 2024, of $0.14 per share. Price Target Changed • Mar 12
Price target increased by 9.3% to CA$10.29 Up from CA$9.42, the current price target is an average from 6 analysts. New target price is 28% above last closing price of CA$8.05. Stock is up 19% over the past year. The company is forecast to post earnings per share of CA$0.83 for next year compared to CA$0.87 last year. Reported Earnings • Mar 08
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: CA$0.87 (down from CA$0.91 in FY 2022). Revenue: CA$2.49b (down 18% from FY 2022). Net income: CA$75.8m (down 3.8% from FY 2022). Profit margin: 3.0% (up from 2.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 2.1% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Announcement • Feb 23
Doman Building Materials Group Ltd., Annual General Meeting, May 09, 2024 Doman Building Materials Group Ltd., Annual General Meeting, May 09, 2024. Announcement • Feb 09
Doman Building Materials Group Ltd. to Report Q4, 2023 Results on Mar 07, 2024 Doman Building Materials Group Ltd. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Mar 07, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of CA$0.14 per share at 6.7% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 12 January 2024. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Canadian dividend payers (6.5%). Higher than average of industry peers (2.3%). Announcement • Dec 15
Doman Building Materials Group Ltd. Announces Quarterly Dividend, Payable on January 12, 2024 Doman Building Materials Group Ltd. announced that its board of directors has declared a dividend for the 55th consecutive quarter, which will be paid on January 12, 2024, to shareholders of record on December 29, 2023, of $0.14 per share. Recent Insider Transactions • Nov 24
Chairman & CEO recently bought CA$129k worth of stock On the 21st of November, Amardeip Doman bought around 20k shares on-market at roughly CA$6.49 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Amardeip's only on-market trade for the last 12 months. Major Estimate Revision • Nov 09
Consensus EPS estimates fall by 12% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CA$2.58b to CA$2.52b. EPS estimate also fell from CA$0.93 per share to CA$0.82 per share. Net income forecast to grow 1.0% next year vs 2.7% decline forecast for Trade Distributors industry in Canada. Consensus price target of CA$9.00 unchanged from last update. Share price was steady at CA$6.63 over the past week. Buying Opportunity • Nov 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be CA$8.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 4.4% in 2 years. Earnings is forecast to grow by 7.1% in the next 2 years. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: CA$0.24 (vs CA$0.13 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.24 (up from CA$0.13 in 3Q 2022). Revenue: CA$643.9m (down 14% from 3Q 2022). Net income: CA$21.2m (up 82% from 3Q 2022). Profit margin: 3.3% (up from 1.6% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 1.1% growth forecast for the Trade Distributors industry in Canada. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Oct 13
Doman Building Materials Group Ltd. to Report Q3, 2023 Results on Nov 02, 2023 Doman Building Materials Group Ltd. announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of CA$0.14 per share at 7.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 13 October 2023. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 7.7%. Within top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (2.4%). Announcement • Sep 16
Doman Building Materials Group Ltd. Announces Quarterly Dividend, Payable on October 13, 2023 Doman Building Materials Group Ltd. announced that its board of directors has declared a dividend for the54th consecutive quarter, which will be paid on October 13, 2023, to shareholders of record on September 29,2023, of $0.14 per share. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CA$7.86, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Trade Distributors industry in Canada. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$5.55 per share. Price Target Changed • Aug 06
Price target increased by 9.4% to CA$8.25 Up from CA$7.54, the current price target is an average from 6 analysts. New target price is 12% above last closing price of CA$7.36. Stock is up 24% over the past year. The company is forecast to post earnings per share of CA$0.93 for next year compared to CA$0.91 last year. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: CA$0.34 (vs CA$0.24 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.34 (up from CA$0.24 in 2Q 2022). Revenue: CA$710.7m (down 18% from 2Q 2022). Net income: CA$29.2m (up 41% from 2Q 2022). Profit margin: 4.1% (up from 2.4% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, while revenues in the Trade Distributors industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year. Announcement • Jul 14
Doman Building Materials Group Ltd. to Report Q2, 2023 Results on Aug 03, 2023 Doman Building Materials Group Ltd. announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of CA$0.14 per share at 8.5% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 July 2023. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 8.5%. Within top quartile of Canadian dividend payers (6.3%). Higher than average of industry peers (2.5%). Announcement • Jun 16
Doman Building Materials Group Ltd Declares Quarterly Dividend, Payable on July 14, 2023 Doman Building Materials Group Ltd. announced that its board of directors has declared a dividend for the 53rd consecutive quarter, which will be paid on July 14, 2023, to shareholders of record on June 30, 2023, of $0.14 per share. Recent Insider Transactions • Jun 02
Independent Director recently bought CA$68k worth of stock On the 30th of May, Siegfried Thoma bought around 10k shares on-market at roughly CA$6.55 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$422k more in shares than they have sold in the last 12 months. Major Estimate Revision • May 18
Consensus EPS estimates increase by 35% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from CA$2.48b to CA$2.51b. EPS estimate increased from CA$0.465 to CA$0.63 per share. Net income forecast to shrink 0.6% next year vs 11% decline forecast for Trade Distributors industry in Canada. Consensus price target broadly unchanged at CA$7.54. Share price rose 5.9% to CA$6.66 over the past week. Buying Opportunity • May 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be CA$7.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to decline by 12% in a year. Earnings is forecast to decline by 19% in the next year. Upcoming Dividend • Mar 23
Upcoming dividend of CA$0.14 per share at 8.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 8.4%. Within top quartile of Canadian dividend payers (6.0%). Higher than average of industry peers (2.5%). Price Target Changed • Mar 13
Price target increased by 7.3% to CA$7.38 Up from CA$6.88, the current price target is an average from 6 analysts. New target price is 9.3% above last closing price of CA$6.75. Stock is down 19% over the past year. The company is forecast to post earnings per share of CA$0.49 for next year compared to CA$0.91 last year. Reported Earnings • Mar 11
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: CA$0.91 (down from CA$1.28 in FY 2021). Revenue: CA$3.04b (up 20% from FY 2021). Net income: CA$78.7m (down 26% from FY 2021). Profit margin: 2.6% (down from 4.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 1.1%. Revenue is forecast to decline by 7.3% p.a. on average during the next 2 years, while revenues in the Trade Distributors industry in Canada are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Feb 10
Doman Building Materials Group Ltd. to Report Q4, 2022 Results on Mar 09, 2023 Doman Building Materials Group Ltd. announced that they will report Q4, 2022 results After-Market on Mar 09, 2023 Price Target Changed • Jan 19
Price target increased to CA$6.63 Up from CA$6.13, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of CA$6.94. Stock is down 18% over the past year. The company is forecast to post earnings per share of CA$0.90 for next year compared to CA$1.27 last year. 