Domain Holdings Australia Limited

ASX:DHG Stock Report

Market Cap: AU$1.6b

Domain Holdings Australia Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 DHG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DHG (A$2.49) is trading below our estimate of fair value (A$3.23)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for DHG. This is calculated by dividing DHG's market cap by their current earnings.
What is DHG's PE Ratio?
PE Ratio36.2x
EarningsAU$43.44m
Market CapAU$1.59b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for DHG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average57.4x
HPG hipages Group Holdings
47.2x24.9%AU$168.2m
CAR CAR Group
58.4x14.1%AU$14.6b
REA REA Group
106.2x17.8%AU$32.2b
NEC Nine Entertainment Holdings
17.8x17.1%AU$2.0b
DHG Domain Holdings Australia
36.2x14.5%AU$1.6b

Price-To-Earnings vs Peers: DHG is good value based on its Price-To-Earnings Ratio (36.2x) compared to the peer average (57.4x).

Price to Earnings Ratio vs Industry

How does DHG's PE Ratio compare vs other companies in the Global Interactive Media and Services Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DHG 36.2xIndustry Avg. 22.4xNo. of Companies21PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DHG is expensive based on its Price-To-Earnings Ratio (36.2x) compared to the Global Interactive Media and Services industry average (22.4x).

Price to Earnings Ratio vs Fair Ratio

What is DHG'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.

DHG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio36.2x
Fair PE Ratio23.7x

Price-To-Earnings vs Fair Ratio: DHG is expensive based on its Price-To-Earnings Ratio (36.2x) compared to the estimated Fair Price-To-Earnings Ratio (23.7x).

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 DHG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$2.49
AU$2.99
+20.2%
10.4%AU$3.35AU$2.40n/a13
Dec ’25AU$2.88
AU$2.99
+3.9%
10.4%AU$3.35AU$2.40n/a13
Nov ’25AU$3.02
AU$3.20
+6.0%
11.2%AU$3.65AU$2.60n/a13
Oct ’25AU$3.27
AU$3.18
-2.6%
11.0%AU$3.65AU$2.60n/a13
Sep ’25AU$2.83
AU$3.17
+11.9%
10.9%AU$3.65AU$2.60n/a14
Aug ’25AU$3.26
AU$3.34
+2.3%
11.2%AU$3.96AU$2.60n/a14
Jul ’25AU$2.97
AU$3.38
+13.9%
11.2%AU$3.96AU$2.60n/a14
Jun ’25AU$2.98
AU$3.42
+14.6%
11.7%AU$3.96AU$2.60n/a14
May ’25AU$3.00
AU$3.40
+13.2%
12.1%AU$3.90AU$2.50n/a14
Apr ’25AU$3.28
AU$3.42
+4.2%
12.5%AU$3.90AU$2.50n/a14
Mar ’25AU$3.32
AU$3.43
+3.3%
12.7%AU$3.90AU$2.50n/a14
Feb ’25AU$3.34
AU$3.57
+6.9%
11.4%AU$4.26AU$2.50n/a12
Jan ’25AU$3.45
AU$3.50
+1.4%
12.5%AU$4.26AU$2.50n/a12
Dec ’24AU$3.42
AU$3.50
+2.2%
12.6%AU$4.26AU$2.50AU$2.8812
Nov ’24AU$3.42
AU$3.56
+4.0%
13.5%AU$4.34AU$2.50AU$3.0212
Oct ’24AU$4.00
AU$3.51
-12.4%
13.4%AU$4.34AU$2.50AU$3.2712
Sep ’24AU$3.79
AU$3.50
-7.8%
13.8%AU$4.34AU$2.50AU$2.8312
Aug ’24AU$4.14
AU$3.52
-14.9%
15.4%AU$4.38AU$2.35AU$3.2612
Jul ’24AU$3.79
AU$3.39
-10.5%
15.7%AU$4.40AU$2.35AU$2.9712
Jun ’24AU$3.51
AU$3.37
-4.0%
15.6%AU$4.40AU$2.35AU$2.9813
May ’24AU$3.39
AU$3.40
+0.4%
16.6%AU$4.46AU$2.30AU$3.0013
Apr ’24AU$3.51
AU$3.36
-4.2%
17.0%AU$4.66AU$2.30AU$3.2814
Mar ’24AU$3.03
AU$3.34
+10.3%
17.1%AU$4.66AU$2.30AU$3.3214
Feb ’24AU$3.15
AU$3.26
+3.4%
18.0%AU$4.66AU$2.30AU$3.3414
Jan ’24AU$2.71
AU$3.28
+21.1%
19.1%AU$4.92AU$2.30AU$3.4514
Dec ’23AU$3.12
AU$3.60
+15.3%
15.3%AU$4.92AU$2.50AU$3.4214

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 14:44
End of Day Share Price 2024/12/18 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

Domain Holdings Australia Limited is covered by 23 analysts. 13 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 WrightBarclay Pearce Capital Pty Limited
Aryan NoroziBarrenjoey Markets Pty Limited
Eric ChoiBarrenjoey Markets Pty Limited