Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America.
Reasonable growth potential with imperfect balance sheet.
Share Price & News
How has Diversified Royalty's share price performed over time and what events caused price changes?
Latest Share Price and Events
7 Day Return
1 Year Return
DIV outperformed the Hospitality industry which returned -20.4% over the past year.
DIV underperformed the Market in Canada which returned -0.4% over the past year.
Share holder returns
Price Volatility Vs. Market
How volatile is Diversified Royalty's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StIs Diversified Royalty Corp. (TSE:DIV) A Risky Dividend Stock?
1 week ago | Simply Wall StIs It Too Late To Consider Buying Diversified Royalty Corp. (TSE:DIV)?
3 weeks ago | Simply Wall StWhat Kind Of Shareholders Own Diversified Royalty Corp. (TSE:DIV)?
Is Diversified Royalty undervalued based on future cash flows and its price relative to the stock market?
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Diversified Royalty's share price is below the future cash flow value, but not at a moderate discount (< 20%).
Diversified Royalty's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
Diversified Royalty is overvalued based on earnings compared to the CA Hospitality industry average.
Diversified Royalty is overvalued based on earnings compared to the Canada market.
Price Based on Expected Growth
Diversified Royalty is good value based on expected growth next year.
Price Based on Value of Assets
Diversified Royalty is overvalued based on assets compared to the CA Hospitality industry average.
How is Diversified Royalty expected to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Diversified Royalty's revenue is expected to grow by 8% yearly, however this is not considered high growth (20% yearly).
Diversified Royalty's earnings are expected to grow significantly at over 20% yearly.
Diversified Royalty's revenue growth is expected to exceed the Canada market average.
Diversified Royalty's earnings growth is expected to exceed the Canada market average.
Diversified Royalty's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Diversified Royalty will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
How has Diversified Royalty performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Diversified Royalty's year on year earnings growth rate has been positive over the past 5 years.
Diversified Royalty's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Diversified Royalty's 1-year earnings growth is negative, it can't be compared to the CA Hospitality industry average.
Return on Equity
Diversified Royalty has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Diversified Royalty used its assets less efficiently than the CA Hospitality industry average last year based on Return on Assets.
Return on Capital Employed
Diversified Royalty's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
How is Diversified Royalty's financial position?
Financial Position Analysis
Diversified Royalty is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Diversified Royalty's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Diversified Royalty's level of debt (70.3%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (0.3% vs 70.3% today).
Debt is not well covered by operating cash flow (12.1%, less than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 3.7x coverage).
Low level of unsold assets.
Debt is not covered by short term assets, assets are 0.4x debt.
What is Diversified Royalty's current dividend yield, its reliability and sustainability?
Expected Dividend Yield
Dividend Yield and Payments Analysis
Diversified Royalty's pays a higher dividend yield than the bottom 25% of dividend payers in Canada (1.96%).
Diversified Royalty's dividend is above the markets top 25% of dividend payers in Canada (5.76%).
Whilst dividend payments have been stable, Diversified Royalty has been paying a dividend for less than 10 years.
Dividend payments have increased, but Diversified Royalty only paid a dividend in the past 5 years.
Current Payout to Shareholders
Dividends paid are not well covered by earnings (0.4x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
What is the CEO of Diversified Royalty's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Sean Morrison (49yo)
Mr. Sean Morrison, CA has been the Chief Executive Officer and President at Diversified Royalty Corp. since August 06, 2013. Mr. Morrison has been the Chief Executive Officer and President of BENEV Capital ...
CEO Compensation Analysis
Sean's remuneration is higher than average for companies of similar size in Canada.
Sean's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
The average tenure for the Diversified Royalty management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
The average tenure for the Diversified Royalty board of directors is less than 3 years, this suggests a new board.
More shares have been bought than sold by Diversified Royalty individual insiders in the past 3 months.
Recent Insider Transactions
Member of the Board of Directors
Vice President of Sales & Marketing
- Tenure: 14.7yrs
- Compensation: CA$163.48k
Sean Morrison (49yo)
President & CEO
- Tenure: 6.1yrs
- Compensation: CA$1.17m
CFO, VP of Acquisitions & Corporate Secretary
- Tenure: 4yrs
- Compensation: CA$985.94k
- Tenure: 0yrs
Johnny Ciampi (48yo)
- Tenure: 4.8yrs
- Compensation: CA$58.36k
Garry Herdler (50yo)
- Tenure: 1.3yrs
- Compensation: CA$33.15k
Lorie Haber (62yo)
Chairman of the Board
- Tenure: 8.3yrs
- Compensation: CA$85.76k
- Tenure: 4.5yrs
- Compensation: CA$74.46k
- Tenure: 1.3yrs
- Compensation: CA$30.45k
- Tenure: 1.3yrs
- Compensation: CA$31.57k
Diversified Royalty Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Diversified Royalty Corp.
- Ticker: DIV
- Exchange: TSX
- Founded: 1992
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: CA$317.479m
- Shares outstanding: 108.73m
- Website: https://diversifiedroyaltycorp.com
Number of Employees
- Diversified Royalty Corp.
- 510 Burrard Street
- Suite 902
- British Columbia
- V6C 3A8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DIV||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Sep 1996|
|BEVF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 1996|
|BEW||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 1996|
Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. It primarily holds the Canadian and United S ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/09/20 00:10|
|End of Day Share Price||2019/09/19 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.