Domino's Pizza Enterprises Limited

ASX:DMP Stock Report

Market Cap: AU$2.7b

Domino's Pizza Enterprises Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings 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.

Below Fair Value: DMP (A$29.14) is trading above our estimate of fair value (A$28.53)

Significantly Below Fair Value: DMP is trading above our estimate of fair value.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for DMP. This is calculated by dividing DMP's market cap by their current earnings.
What is DMP's PE Ratio?
PE Ratio29.2x
EarningsAU$92.35m
Market CapAU$2.69b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for DMP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22x
CKF Collins Foods
15.2x14.5%AU$848.3m
RFG Retail Food Group
27x22.0%AU$159.0m
WEB Web Travel Group
23.9x18.7%AU$1.8b
CTD Corporate Travel Management
21.8x12.1%AU$1.8b
DMP Domino's Pizza Enterprises
29.2x19.5%AU$2.7b

Price-To-Earnings vs Peers: DMP is expensive based on its Price-To-Earnings Ratio (29.2x) compared to the peer average (22x).


Price to Earnings Ratio vs Industry

How does DMP's PE Ratio compare vs other companies in the Oceanian Hospitality Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DMP 29.2xIndustry Avg. 20.3xNo. of Companies3PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DMP is expensive based on its Price-To-Earnings Ratio (29.2x) compared to the Global Hospitality industry average (20.3x).


Price to Earnings Ratio vs Fair Ratio

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

DMP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.2x
Fair PE Ratio28.2x

Price-To-Earnings vs Fair Ratio: DMP is expensive based on its Price-To-Earnings Ratio (29.2x) compared to the estimated Fair Price-To-Earnings Ratio (28.2x).


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$29.14
AU$36.17
+24.1%
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$25.70n/a14
Feb ’25AU$40.61
AU$49.16
+21.1%
20.7%AU$68.00AU$25.70n/a14
Jan ’25AU$58.94
AU$55.64
-5.6%
15.0%AU$68.00AU$40.30n/a14
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
Feb ’24AU$74.43
AU$72.28
-2.9%
13.3%AU$90.00AU$60.00AU$40.6115
Jan ’24AU$66.25
AU$71.75
+8.3%
13.2%AU$90.00AU$60.00AU$58.9415
Dec ’23AU$66.38
AU$71.00
+7.0%
12.8%AU$88.00AU$60.00AU$52.6815

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 Analysis2024/12/21 21:36
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
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 here.

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 .

Analyst Sources

Domino's Pizza Enterprises Limited is covered by 28 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
Russell WrightAPP Securities Pty Ltd.
Thomas KierathBarrenjoey Markets Pty Limited
Sam HaddadBell Potter