Diverger ASX:DVR Stock Report

Last Price

AU$1.25

Market Cap

AU$49.5m

7D

0%

1Y

35.3%

Updated

04 Mar, 2024

Data

Company Financials

Diverger Limited

ASX:DVR Stock Report

Market Cap: AU$49.5m

DVR Stock Overview

Easton Investments Limited is a publicly owned investment manager. More details

DVR fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	1/6
Financial Health	3/6
Dividends	2/6

Risk Analysis

Earnings have declined by 0.8% per year over past 5 years

Does not have a meaningful market cap (A$49M)

Significant insider selling over the past 3 months

Profit margins (0.4%) are lower than last year (2.5%)

+ 2 more risks

My Notes

Capture your thoughts, links and company narrative

Diverger Limited Competitors

Prime Financial Group

ASX:PFG

AU$53.2m

Centrepoint Alliance

ASX:CAF

AU$66.6m

NGE Capital

ASX:NGE

AU$38.0m

Advanced Share Registry

ASX:ASW

AU$32.9m

Price History & Performance

Summary of share price highs, lows and changes for Diverger
Historical stock prices
Current Share Price	AU$1.25
52 Week High	AU$1.35
52 Week Low	AU$0.78
Beta	0.39
1 Month Change	-2.73%
3 Month Change	-2.73%
1 Year Change	35.33%
3 Year Change	13.18%
5 Year Change	31.05%
Change since IPO	-97.63%

Recent News & Updates

Recent updates

Diverger (ASX:DVR) Has Announced That It Will Be Increasing Its Dividend To A$0.02

Feb 26

The Non-Executive Director of Easton Investments Limited (ASX:EAS), John Hayes, Just Sold 33% Of Their Holding

Feb 23

Should Easton Investments Limited (ASX:EAS) Be Part Of Your Income Portfolio?

Jan 25

Here's Why We're Wary Of Buying Easton Investments' (ASX:EAS) For Its Upcoming Dividend

Dec 18

Have Insiders Been Buying Easton Investments Limited (ASX:EAS) Shares This Year?

Sep 01

Shareholder Returns

	DVR	AU Capital Markets	AU Market
7D	0%	2.3%	2.4%
1Y	35.3%	21.9%	7.7%

Return vs Industry: DVR exceeded the Australian Capital Markets industry which returned 16.3% over the past year.

Return vs Market: DVR exceeded the Australian Market which returned 9.6% over the past year.

Price Volatility

Is DVR's price volatile compared to industry and market?
DVR volatility
DVR Average Weekly Movement	1.9%
Capital Markets Industry Average Movement	3.9%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	17.0%
10% least volatile stocks in AU Market	3.0%

Stable Share Price: DVR has not had significant price volatility in the past 3 months.

Volatility Over Time: DVR's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2005	n/a	Nathan Jacobsen	www.eastoninvestments.com.au

Easton Investments Limited is a publicly owned investment manager. It invests in funds which invest in the public equity markets across the globe with a focus on Australia. It also invests in property securities and hedge funds.

Diverger Limited Fundamentals Summary

How do Diverger's earnings and revenue compare to its market cap?
DVR fundamental statistics
Market cap	AU$49.47m
Earnings (TTM)	AU$548.00k
Revenue (TTM)	AU$136.93m

90.3x

P/E Ratio

0.4x

P/S Ratio

Is DVR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DVR income statement (TTM)
Revenue	AU$136.93m
Cost of Revenue	AU$127.76m
Gross Profit	AU$9.16m
Other Expenses	AU$8.61m
Earnings	AU$548.00k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.014
Gross Margin	6.69%
Net Profit Margin	0.40%
Debt/Equity Ratio	7.3%

How did DVR perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

378%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/03/04 23:25
End of Day Share Price	2024/02/29 00:00
Earnings	2023/12/31
Annual Earnings	2023/06/30

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Diverger Limited is covered by 0 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

DVR Stock Overview

Risk Analysis

Diverger Limited Competitors

ASX:PFG

AU$53.2m

ASX:CAF

AU$66.6m

ASX:NGE

AU$38.0m

ASX:ASW

AU$32.9m

Price History & Performance

Recent News & Updates

First half 2024 earnings released: AU$0.028 loss per share (vs AU$0.032 profit in 1H 2023)

New minor risk - Shareholder dilution

Insider recently sold AU$529k worth of stock

Upcoming dividend of AU$0.10 per share at 4.4% yield

Insider recently sold AU$1.0m worth of stock

Upcoming dividend of AU$0.02 per share at 4.3% yield

Recent updates

First half 2024 earnings released: AU$0.028 loss per share (vs AU$0.032 profit in 1H 2023)

New minor risk - Shareholder dilution

Insider recently sold AU$529k worth of stock

Upcoming dividend of AU$0.10 per share at 4.4% yield

Insider recently sold AU$1.0m worth of stock

Upcoming dividend of AU$0.02 per share at 4.3% yield

Diverger Limited Declares Fully Franked Special Dividend, Payable on 1 March 2024

Insider recently sold AU$462k worth of stock

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 22%

Upcoming dividend of AU$0.035 per share at 6.0% yield

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Diverger Limited, Annual General Meeting, Nov 20, 2023

Now 20% undervalued after recent price drop

Diverger Limited (ASX:DVR) and General Manager of Atkinson Saynor David Saynor acquired Atkinson Saynor Private Wealth Pty Ltd for AUD 4.3 million.

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Upcoming dividend of AU$0.02 per share at 6.2% yield

Now 20% undervalued after recent price drop

Less than half of directors are independent

Diverger (ASX:DVR) Has Announced That It Will Be Increasing Its Dividend To A$0.02

First half 2023 earnings released: EPS: AU$0.032 (vs AU$0.042 in 1H 2022)

Diverger Limited (ASX:DVR) acquired Priority Networking Pty Ltd for AUD 2.7 million.

Now 20% undervalued after recent price drop

Diverger Limited (ASX:DVR) acquired AFSL Compliance Pty Ltd for AUD 3.34 million.

Now 23% undervalued

Insider recently sold AU$227k worth of stock

Upcoming dividend of AU$0.035 per share

Diverger Limited Provides an Update to Increase of Final Dividend to A Period of Twelve Months Ended 30/6/2022, Payment Date of 27/9/2022

Full year 2022 earnings released: EPS: AU$0.095 (vs AU$0.077 in FY 2021)

Diverger Limited, Annual General Meeting, Nov 11, 2022

Independent Non-Executive Director recently bought AU$50k worth of stock

Upcoming dividend of AU$0.015 per share

Diverger Limited Announces Ordinary Fully Paid Distribution for the Six Months Ended December 31, 2021, Payable on April 26, 2022

Insider recently sold AU$218k worth of stock

Upcoming dividend of AU$0.025 per share

Full year 2021 earnings released: EPS AU$0.077 (vs AU$0.043 in FY 2020)

Non-Executive Director John Hayes has left the company

Upcoming dividend of AU$0.015 per share

MD & Director recently bought AU$53k worth of stock

HUB24 Limited (ASX:HUB) completed the acquisition of 30.4% stake in Easton Investments Limited (ASX:EAS) from Kevin White, Greg Hayes, Carl Scarcella and Grahame Evans and others.

The Non-Executive Director of Easton Investments Limited (ASX:EAS), John Hayes, Just Sold 33% Of Their Holding

First half 2021 earnings released: EPS AU$0.05 (vs AU$0.022 in 1H 2020)

New 90-day high: AU$1.30

Easton Investments Limited (ASX:EAS) acquired Paragem Pty. Ltd. from HUB24 Limited (ASX:HUB) for AUD 4 million.

Easton Investments Limited Appoints Nathan Jacobsen as Managing Director

Should Easton Investments Limited (ASX:EAS) Be Part Of Your Income Portfolio?

Here's Why We're Wary Of Buying Easton Investments' (ASX:EAS) For Its Upcoming Dividend

New 90-day high: AU$1.23

Easton Investments Limited Announces Change of Joint Company Secretary

New 90-day high: AU$1.17

Sequoia Financial Group Limited (ASX:SEQ) signed a conditional terms sheet to acquire PantherCorp CST Pty Ltd from Easton Investments Limited (ASX:EAS) for AUD 1.7 million.

An unknown buyer entered into an unconditional sale agreement to acquire 60.2% stake in Law Central Co Pty Ltd. from Easton Investments Limited (ASX:EAS) for AUD 0.3 million.

Independent Non-Executive Director recently bought AU$55k worth of stock

Easton Investments Limited Announces Management Changes

New 90-day high: AU$1.14

Market bids up stock over the past week

New 90-day high: AU$0.89

Easton Investments Limited (ASX:EAS) acquired Knowledge Shop Professional Consulting Pty Limited and Merit Wealth Pty Ltd.

Have Insiders Been Buying Easton Investments Limited (ASX:EAS) Shares This Year?