DDH1 Limited provides specialized drilling services for the exploration, mining, and energy industries in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.16|
|52 Week High||AU$0.81|
|52 Week Low||AU$1.30|
|1 Month Change||-6.83%|
|3 Month Change||-4.53%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||33.33%|
Recent News & Updates
Robust Earnings May Not Tell The Whole Story For DDH1 (ASX:DDH)
DDH1 Limited ( ASX:DDH ) announced strong profits, but the stock was stagnant. Our analysis suggests that shareholders...
|DDH||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how DDH performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how DDH performed against the Australian Market.
Stable Share Price: DDH is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: DDH's weekly volatility (5%) has been stable over the past year.
About the Company
|2006||997||Sy van Dyk||https://ddh1drilling.com.au|
DDH1 Limited provides specialized drilling services for the exploration, mining, and energy industries in Australia. It offers diamond core drilling services for near-mine exploration, mine development, and production drilling activities of gold, nickel, copper, zinc, and other metals; reverse circulation and air core drilling services for earlier stage exploration drilling activities; and reverse circulation drilling services to the iron ore industry. The company was founded in 2006 and is headquartered in Canning Vale, Australia.
DDH1 Fundamentals Summary
|DDH fundamental statistics|
Is DDH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DDH income statement (TTM)|
|Cost of Revenue||AU$171.23m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.17|
|Net Profit Margin||19.41%|
How did DDH perform over the long term?See historical performance and comparison
1.9%Current Dividend Yield
Is DDH1 undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DDH (A$1.16) is trading below our estimate of fair value (A$3.57)
Significantly Below Fair Value: DDH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DDH is good value based on its PE Ratio (6.7x) compared to the Australian Metals and Mining industry average (14.3x).
PE vs Market: DDH is good value based on its PE Ratio (6.7x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: DDH's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DDH is good value based on its PB Ratio (1.6x) compared to the AU Metals and Mining industry average (2.6x).
How is DDH1 forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DDH's earnings are forecast to decline over the next 3 years (-3.4% per year).
Earnings vs Market: DDH's earnings are forecast to decline over the next 3 years (-3.4% per year).
High Growth Earnings: DDH's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DDH's revenue (9.9% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: DDH's revenue (9.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DDH's Return on Equity is forecast to be low in 3 years time (16.3%).
How has DDH1 performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: DDH has a high level of non-cash earnings.
Growing Profit Margin: DDH's current net profit margins (19.4%) are higher than last year (9.9%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if DDH's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare DDH's past year earnings growth to its 5-year average.
Earnings vs Industry: DDH earnings growth over the past year (132.1%) exceeded the Metals and Mining industry 35.3%.
Return on Equity
High ROE: DDH's Return on Equity (24.5%) is considered high.
How is DDH1's financial position?
Financial Position Analysis
Short Term Liabilities: DDH's short term assets (A$101.9M) exceed its short term liabilities (A$40.4M).
Long Term Liabilities: DDH's short term assets (A$101.9M) exceed its long term liabilities (A$7.2M).
Debt to Equity History and Analysis
Debt Level: DDH is debt free.
Reducing Debt: DDH had no debt 5 years ago.
Debt Coverage: DDH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DDH has no debt, therefore coverage of interest payments is not a concern.
What is DDH1 current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DDH's dividend (1.88%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: DDH's dividend (1.88%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether DDH's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DDH's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.7%), DDH's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DDH's dividends in 3 years are forecast to be well covered by earnings (37% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Sy van Dyk
Mr. Sybrandt Jacobus van Dyk, also known Sy, is CEO of DDH1 Group and DDH1 Drilling Pty Ltd. He serves as Chief Executive Officer, Managing Director and Director at DDH1 Limited since February 8, 2021. He...
CEO Compensation Analysis
Compensation vs Market: Sy's total compensation ($USD954.08K) is above average for companies of similar size in the Australian market ($USD559.78K).
Compensation vs Earnings: Sy's compensation has increased by more than 20% in the past year.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: DDH only recently listed within the past 12 months.
DDH1 Limited's employee growth, exchange listings and data sources
- Name: DDH1 Limited
- Ticker: DDH
- Exchange: ASX
- Founded: 2006
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$378.873m
- Shares outstanding: 329.46m
- Website: https://ddh1drilling.com.au
Number of Employees
- DDH1 Limited
- 21 Baile Road
- Canning Vale
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 07:04|
|End of Day Share Price||2021/10/22 00:00|
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.