Domino's Pizza Enterprises Limited

ASX:DMP Stock Report

Market Cap: AU$2.5b

Domino's Pizza Enterprises Valuation

Is DMP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DMP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
AU$51.87
Fair Value
48.5% undervalued intrinsic discount
15
Number of Analysts

Below Fair Value: DMP (A$26.73) is trading below our estimate of fair value (A$51.87)

Significantly Below Fair Value: DMP is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DMP?

Key metric: As DMP is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for DMP. This is calculated by dividing DMP's market cap by their current revenue.
What is DMP's PS Ratio?
PS Ratio1.1x
SalesAU$2.30b
Market CapAU$2.47b

Price to Sales Ratio vs Peers

How does DMP's PS Ratio compare to its peers?

The above table shows the PS ratio for DMP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.4x
GYG Guzman y Gomez
8.4x18.7%AU$3.5b
CKF Collins Foods
0.7x6.2%AU$1.0b
RFG Retail Food Group
0.9x5.8%AU$118.7m
WEB Web Travel Group
3.6x3.7%AU$1.7b
DMP Domino's Pizza Enterprises
1.1x5.2%AU$2.5b

Price-To-Sales vs Peers: DMP is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (3.4x).

Price to Sales Ratio vs Industry

How does DMP's PS Ratio compare vs other companies in the AU Hospitality Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
SGR Star Entertainment Group
0.2x1.2%US$197.87m
OLI Oliver's Real Food
0.1xn/aUS$2.38m
MCL Mighty Craft
0.02xn/aUS$1.26m
No more companies available in this PS range
DMP 1.1xIndustry Avg. 1.3xNo. of Companies6PS01.22.43.64.86+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: DMP is good value based on its Price-To-Sales Ratio (1.1x) compared to the Australian Hospitality industry average (1.3x).

Price to Sales Ratio vs Fair Ratio

What is DMP's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DMP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.1x
Fair PS Ratio1.6x

Price-To-Sales vs Fair Ratio: DMP is good value based on its Price-To-Sales Ratio (1.1x) compared to the estimated Fair Price-To-Sales Ratio (1.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DMP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$26.73
AU$34.49
+29.0%
23.3%AU$58.00AU$24.00n/a15
Mar ’26AU$28.33
AU$34.61
+22.2%
22.9%AU$58.00AU$24.00n/a15
Feb ’26AU$30.09
AU$35.72
+18.7%
21.9%AU$58.00AU$25.70n/a15
Jan ’26AU$29.44
AU$36.17
+22.9%
21.7%AU$58.00AU$25.70n/a15
Dec ’25AU$32.60
AU$36.63
+12.4%
21.0%AU$58.00AU$25.70n/a15
Nov ’25AU$33.45
AU$38.59
+15.4%
19.0%AU$58.00AU$25.70n/a15
Oct ’25AU$34.52
AU$38.35
+11.1%
19.7%AU$58.00AU$25.70n/a14
Sep ’25AU$30.02
AU$38.34
+27.7%
19.7%AU$58.00AU$25.70n/a14
Aug ’25AU$32.57
AU$41.17
+26.4%
17.0%AU$58.00AU$25.70n/a14
Jul ’25AU$35.79
AU$44.16
+23.4%
18.2%AU$61.00AU$25.70n/a14
Jun ’25AU$38.71
AU$44.80
+15.7%
18.3%AU$61.00AU$25.70n/a14
May ’25AU$39.34
AU$45.54
+15.7%
18.9%AU$61.00AU$25.70n/a14
Apr ’25AU$43.39
AU$46.16
+6.4%
18.6%AU$61.00AU$25.70n/a14
Mar ’25AU$44.87
AU$46.16
+2.9%
18.6%AU$61.00AU$25.70AU$28.3314
Feb ’25AU$40.61
AU$49.16
+21.1%
20.7%AU$68.00AU$25.70AU$30.0914
Jan ’25AU$58.94
AU$55.64
-5.6%
15.0%AU$68.00AU$40.30AU$29.4414
Dec ’24AU$52.68
AU$56.32
+6.9%
15.0%AU$68.00AU$40.30AU$32.6015
Nov ’24AU$51.99
AU$55.89
+7.5%
15.0%AU$68.00AU$40.30AU$33.4515
Oct ’24AU$53.18
AU$56.08
+5.4%
15.7%AU$68.00AU$40.30AU$34.5215
Sep ’24AU$54.58
AU$56.43
+3.4%
15.3%AU$68.00AU$40.30AU$30.0215
Aug ’24AU$48.89
AU$53.12
+8.6%
19.7%AU$68.00AU$40.00AU$32.5715
Jul ’24AU$46.43
AU$53.13
+14.4%
19.7%AU$68.00AU$40.00AU$35.7915
Jun ’24AU$48.11
AU$62.12
+29.1%
12.6%AU$75.00AU$50.00AU$38.7115
May ’24AU$50.45
AU$62.14
+23.2%
13.1%AU$75.00AU$50.00AU$39.3414
Apr ’24AU$49.87
AU$62.52
+25.4%
12.7%AU$75.00AU$50.00AU$43.3915
Mar ’24AU$48.87
AU$62.52
+27.9%
12.7%AU$75.00AU$50.00AU$44.8715
Analyst Price Target
Consensus Narrative from 15 Analysts
AU$34.49
Fair Value
22.5% undervalued intrinsic discount
15
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/22 02:28
End of Day Share Price 2025/03/21 00:00
Earnings2024/12/29
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Domino's Pizza Enterprises Limited is covered by 26 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas KierathBarrenjoey Markets Pty Limited
Mitchell HawkerBofA Global Research
Alva DeVoyCGS International