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DGH

Desane Group HoldingsASX:DGH Stock Report

Market Cap

AU$48.7m

7D

0%

1Y

n/a

Updated

22 Oct, 2021

Data

Company Financials
DGH fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends2/6

DGH Overview

Desane Group Holdings Limited, engages in the property development and investment activities in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Desane Group Holdings
Historical stock prices
Current Share PriceAU$1.19
52 Week HighAU$1.16
52 Week LowAU$1.35
Beta0.71
1 Month Change-0.83%
3 Month Change0.85%
1 Year Changen/a
3 Year Change-9.16%
5 Year Change56.58%
Change since IPO268.35%

Recent News & Updates

Feb 11
We're Not Counting On Desane Group Holdings (ASX:DGH) To Sustain Its Statutory Profitability

We're Not Counting On Desane Group Holdings (ASX:DGH) To Sustain Its Statutory Profitability

It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...

Shareholder Returns

DGHAU Real EstateAU Market
7D0%0.6%0.7%
1Yn/a4.8%21.4%

Return vs Industry: Insufficient data to determine how DGH performed against the Australian Real Estate industry.

Return vs Market: Insufficient data to determine how DGH performed against the Australian Market.

Price Volatility

Is DGH's price volatile compared to industry and market?
DGH volatility
DGH Beta0.71
Industry Beta0.86
Market Beta1

Stable Share Price: Insufficient data to determine DGH's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine DGH's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19866Felice Montronehttps://www.desane.com.au

Desane Group Holdings Limited, engages in the property development and investment activities in Australia. It operates through Property Development, Property Investment, Property Project Management and Resale, and Property Services segments. The company is involved in the development, management, and resale of commercial, industrial, and residential properties; leasing of properties; and provision of property and related services.

Desane Group Holdings Fundamentals Summary

How do Desane Group Holdings's earnings and revenue compare to its market cap?
DGH fundamental statistics
Market CapAU$48.68m
Earnings (TTM)AU$1.81m
Revenue (TTM)AU$2.13m

27.0x

P/E Ratio

22.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DGH income statement (TTM)
RevenueAU$2.13m
Cost of RevenueAU$40.00k
Gross ProfitAU$2.09m
ExpensesAU$281.00k
EarningsAU$1.81m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.044
Gross Margin98.12%
Net Profit Margin84.91%
Debt/Equity Ratio10.0%

How did DGH perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

102%

Payout Ratio

Valuation

Is Desane Group Holdings undervalued compared to its fair value and its price relative to the market?

26.96x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DGH (A$1.19) is trading above our estimate of fair value (A$0.56)

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


Price To Earnings Ratio

PE vs Industry: DGH is poor value based on its PE Ratio (27x) compared to the Australian Real Estate industry average (17.6x).

PE vs Market: DGH is poor value based on its PE Ratio (27x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DGH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DGH is good value based on its PB Ratio (0.8x) compared to the AU Real Estate industry average (1.1x).


Future Growth

How is Desane Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.9%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Desane Group Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Desane Group Holdings performed over the past 5 years?

-2.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DGH has a large one-off gain of A$2.5M impacting its June 30 2021 financial results.

Growing Profit Margin: DGH's current net profit margins (84.9%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: DGH's earnings have declined by 2% per year over the past 5 years.

Accelerating Growth: DGH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DGH had negative earnings growth (-20%) over the past year, making it difficult to compare to the Real Estate industry average (84%).


Return on Equity

High ROE: DGH's Return on Equity (3.1%) is considered low.


Financial Health

How is Desane Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: DGH's short term assets (A$5.0M) do not cover its short term liabilities (A$5.8M).

Long Term Liabilities: DGH's short term assets (A$5.0M) do not cover its long term liabilities (A$23.1M).


Debt to Equity History and Analysis

Debt Level: DGH's debt to equity ratio (10%) is considered satisfactory.

Reducing Debt: DGH's debt to equity ratio has reduced from 54.3% to 10% over the past 5 years.

Debt Coverage: DGH's debt is not well covered by operating cash flow (2%).

Interest Coverage: Insufficient data to determine if DGH's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Desane Group Holdings's current dividend yield, its reliability and sustainability?

3.78%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DGH's dividend (3.78%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: DGH's dividend (3.78%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).


Stability and Growth of Payments

Stable Dividend: DGH's dividend payments have been volatile in the past 10 years.

Growing Dividend: DGH's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (101.9%), DGH's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

17.8yrs

Average board tenure


CEO

Felice Montrone (70 yo)

34.75yrs

Tenure

AU$222,000

Compensation

Mr. Phil Montrone, also known as Felice, OAM, has been the Managing Director at Desane Group Holdings Limited since 1987 and also serves as its Chief Executive Officer. Mr. Montrone serves as the Managing...


CEO Compensation Analysis

Compensation vs Market: Felice's total compensation ($USD166.25K) is below average for companies of similar size in the Australian market ($USD303.33K).

Compensation vs Earnings: Felice's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: DGH's board of directors are seasoned and experienced ( 17.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DGH insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Desane Group Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Desane Group Holdings Limited
  • Ticker: DGH
  • Exchange: ASX
  • Founded: 1986
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: AU$48.683m
  • Shares outstanding: 40.91m
  • Website: https://www.desane.com.au

Number of Employees


Location

  • Desane Group Holdings Limited
  • Jones Bay Wharf
  • Suite 4
  • Pyrmont
  • New South Wales
  • 2009
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:04
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.