DDH1 Future Growth

Future criteria checks 1/6

DDH1 is forecast to grow earnings and revenue by 9.6% and 2.6% per annum respectively. EPS is expected to grow by 10.4% per annum. Return on equity is forecast to be 13.3% in 3 years.

Key information

9.6%

Earnings growth rate

10.4%

EPS growth rate

Metals and Mining earnings growth	10.6%
Revenue growth rate	2.6%
Future return on equity	13.3%
Analyst coverage	Low
Last updated	05 Oct 2023

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

ASX:DDH - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	581	56	32	112	1
6/30/2025	601	53	47	111	2
6/30/2024	573	47	50	109	2
6/30/2023	550	43	52	123	N/A
3/31/2023	542	44	50	120	N/A
12/31/2022	533	45	44	116	N/A
9/30/2022	474	40	31	100	N/A
6/30/2022	415	36	22	84	N/A
3/31/2022	369	50	17	69	N/A
12/31/2021	322	63	11	53	N/A
9/30/2021	308	60	10	51	N/A
6/30/2021	295	57	9	49	N/A
3/31/2021	278	41	13	51	N/A
12/31/2020	261	25	17	53	N/A
9/30/2020	255	25	23	55	N/A
6/30/2020	250	25	28	57	N/A
6/30/2019	184	21	11	35	N/A
6/30/2018	125	11	2	10	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DDH's forecast earnings growth (9.6% per year) is above the savings rate (2%).

Earnings vs Market: DDH's earnings (9.6% per year) are forecast to grow slower than the Australian market (13% per year).

High Growth Earnings: DDH's earnings are forecast to grow, but not significantly.

Revenue vs Market: DDH's revenue (2.6% per year) is forecast to grow slower than the Australian market (5.2% per year).

High Growth Revenue: DDH's revenue (2.6% 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 (13.3%).

DDH1 Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 13%

Price target decreased by 15% to AU$1.01

Price target decreased by 7.8% to AU$1.13

Price target decreased by 7.6% to AU$1.26

Price target decreased to AU$1.33

Price target decreased to AU$1.30

Recent updates

DDH1 Limited ORDINARY FULLY PAID to Be Deleted from OTC Equity

Perenti Limited (ASX:PRN) completed the acquisition of DDH1 Limited (ASX:DDH).

Perenti Limited (ASX:PRN) completed the acquisition of DDH1 Limited (ASX:DDH).

Upcoming dividend of AU$0.02 per share at 6.0% yield

DDH1 (ASX:DDH) Is Reducing Its Dividend To A$0.0196

Ddh1 Limited Announces Final Fully Franked Dividend for the Six Months Ended June 30, 2023, Payable on September 28, 2023

DDH1 Limited, Annual General Meeting, Nov 24, 2023

Full year 2023 earnings released: EPS: AU$0.10 (vs AU$0.095 in FY 2022)

DDH1 Limited to Report Fiscal Year 2023 Results on Aug 29, 2023

Perenti Limited (ASX:PRN) entered into an agreement to acquire DDH1 Limited (ASX:DDH) for approximately AUD 400 million.

Consensus EPS estimates fall by 13%

Price target decreased by 15% to AU$1.01

Price target decreased by 7.8% to AU$1.13

Insider recently sold AU$7.7m worth of stock

Upcoming dividend of AU$0.033 per share at 7.0% yield

Price target decreased by 7.6% to AU$1.26

First half 2023 earnings released: EPS: AU$0.068 (vs AU$0.06 in 1H 2022)

DDH1 Limited to Report First Half, 2023 Results on Feb 28, 2023

DDH1 Limited Announces Appointment of Simon Franich as Chief Financial Officer, Effective 24 April 2023

Price target decreased to AU$1.33

Less than half of directors are independent

Ddh1 Limited Announces Resignation of Ben Mackinnon as Chief Financial Officer

DDH1 (ASX:DDH) Is Increasing Its Dividend To A$0.0265

Upcoming dividend of AU$0.026 per share

Full year 2022 earnings: EPS misses analyst expectations

DDH1 Limited, Annual General Meeting, Nov 04, 2022

DDH1 Limited to Report Fiscal Year 2022 Results on Aug 30, 2022

Price target decreased to AU$1.30

DDH1 Limited to Report Fiscal Year 2022 Results on Jul 26, 2022

Consensus forecasts updated

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

Less than half of directors are independent

Upcoming dividend of AU$0.025 per share

First half 2022 earnings: EPS exceeds analyst expectations

Ddh1 Limited Declares Dividend for the Period of Six Months Ended December 31, 2021, Payable on April 8, 2022

DDH1 Limited (ASX:DDH) completed the acquisition of Drilling business of Swick Mining Services Limited from Swick Mining Services Limited (ASX:SWK).

DDH1 Limited to Report First Half, 2022 Results on Feb 25, 2022

Robust Earnings May Not Tell The Whole Story For DDH1 (ASX:DDH)

Full year 2021 earnings released: EPS AU$0.19 (vs AU$0.085 in FY 2020)

DDH 1 Drilling Pty Ltd. has completed an IPO in the amount of AUD 150 million.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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