Devine Limited, together with its subsidiaries, engages in the land development and construction activities in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.23|
|52 Week High||AU$0.09|
|52 Week Low||AU$0.25|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||147.37%|
|3 Year Change||-26.56%|
|5 Year Change||-51.55%|
|Change since IPO||-93.88%|
Recent News & Updates
Is Devine (ASX:DVN) Using Debt In A Risky Way?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Health Check: How Prudently Does Devine (ASX:DVN) Use Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|DVN||AU Real Estate||AU Market|
Return vs Industry: DVN exceeded the Australian Real Estate industry which returned 19.9% over the past year.
Return vs Market: DVN exceeded the Australian Market which returned 24% over the past year.
Stable Share Price: DVN is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: Insufficient data to determine DVN's volatility change over the past year.
About the Company
Devine Limited, together with its subsidiaries, engages in the land development and construction activities in Australia. The company develops and sells apartment and mixed use projects; and constructs residential apartments. It also offers property management services.
Devine Fundamentals Summary
|DVN fundamental statistics|
Is DVN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DVN income statement (TTM)|
|Cost of Revenue||AU$32.61m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.043|
|Net Profit Margin||-15.66%|
How did DVN perform over the long term?See historical performance and comparison
Is Devine undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: DVN (A$0.24) is trading above our estimate of fair value (A$0.04)
Significantly Below Fair Value: DVN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DVN is unprofitable, so we can't compare its PE Ratio to the Australian Real Estate industry average.
PE vs Market: DVN is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DVN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DVN is good value based on its PB Ratio (0.6x) compared to the AU Real Estate industry average (1.1x).
How is Devine forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Devine 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.
How has Devine performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DVN is currently unprofitable.
Growing Profit Margin: DVN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DVN is unprofitable, but has reduced losses over the past 5 years at a rate of 33.9% per year.
Accelerating Growth: Unable to compare DVN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DVN is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (11.8%).
Return on Equity
High ROE: DVN has a negative Return on Equity (-10.51%), as it is currently unprofitable.
How is Devine's financial position?
Financial Position Analysis
Short Term Liabilities: DVN's short term assets (A$23.7M) do not cover its short term liabilities (A$47.9M).
Long Term Liabilities: DVN's short term assets (A$23.7M) exceed its long term liabilities (A$1.3M).
Debt to Equity History and Analysis
Debt Level: DVN's debt to equity ratio (55.1%) is considered high.
Reducing Debt: DVN's debt to equity ratio has increased from 24% to 55.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable DVN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DVN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 12.7% per year.
What is Devine current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DVN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DVN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DVN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DVN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DVN is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DVN's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. James Stuart Lachlan Mackay, also known as Jamie, is the Chief Executive Officer and Executive Director of Devine Limited since March 31, 2020. He has been the Chief Financial Officer and Company Secre...
CEO Compensation Analysis
Compensation vs Market: Jamie's total compensation ($USD381.74K) is above average for companies of similar size in the Australian market ($USD266.63K).
Compensation vs Earnings: Jamie's compensation has been consistent with company performance over the past year.
Experienced Board: DVN's board of directors are considered experienced (5.6 years average tenure).
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: Shareholders have not been meaningfully diluted in the past year.
Devine Limited's employee growth, exchange listings and data sources
- Name: Devine Limited
- Ticker: DVN
- Exchange: ASX
- Founded: 1983
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: AU$37.302m
- Shares outstanding: 158.73m
- Website: https://www.devine.com.au
Number of Employees
- Devine Limited
- Level 2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/25 08:03|
|End of Day Share Price||2021/07/26 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.