DIV Stock Overview
Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America.
Diversified Royalty Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$2.60|
|52 Week High||CA$3.39|
|52 Week Low||CA$2.51|
|1 Month Change||-5.46%|
|3 Month Change||-20.73%|
|1 Year Change||-2.62%|
|3 Year Change||-15.58%|
|5 Year Change||0.39%|
|Change since IPO||73.33%|
Recent News & Updates
Diversified Royalty (TSE:DIV) Has Re-Affirmed Its Dividend Of CA$0.018
The board of Diversified Royalty Corp. ( TSE:DIV ) has announced that it will pay a dividend of CA$0.018 per share on...
|DIV||CA Specialty Retail||CA Market|
Return vs Industry: DIV exceeded the Canadian Specialty Retail industry which returned -23.1% over the past year.
Return vs Market: DIV exceeded the Canadian Market which returned -5.7% over the past year.
|DIV Average Weekly Movement||4.3%|
|Specialty Retail Industry Average Movement||6.4%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||17.2%|
|10% least volatile stocks in CA Market||4.3%|
Stable Share Price: DIV is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: DIV's weekly volatility (4%) has been stable over the past year.
About the Company
Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. The company owns the Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres trademarks. The company was formerly known as BENEV Capital Inc. and changed its name to Diversified Royalty Corp. in September 2014.
Diversified Royalty Fundamentals Summary
|DIV fundamental statistics|
Is DIV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DIV income statement (TTM)|
|Cost of Revenue||CA$2.19m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.21|
|Net Profit Margin||64.90%|
How did DIV perform over the long term?See historical performance and comparison
8.5%Current Dividend Yield
Is DIV undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for DIV?
Other financial metrics that can be useful for relative valuation.
|What is DIV's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does DIV's PE Ratio compare to its peers?
|DIV PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: DIV is expensive based on its Price-To-Earnings Ratio (12.6x) compared to the peer average (6.5x).
Price to Earnings Ratio vs Industry
How does DIV's PE Ratio compare vs other companies in the Specialty Retail Industry?
Price-To-Earnings vs Industry: DIV is expensive based on its Price-To-Earnings Ratio (12.6x) compared to the Canadian Specialty Retail industry average (7.7x)
Price to Earnings Ratio vs Fair Ratio
What is DIV'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.
|Current PE Ratio||12.6x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DIV's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of DIV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: DIV (CA$2.6) is trading below our estimate of fair value (CA$4.73)
Significantly Below Fair Value: DIV is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DIV's PEG Ratio to determine if it is good value.
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How is Diversified Royalty forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if DIV's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if DIV's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if DIV's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DIV's revenue (8.2% per year) is forecast to grow faster than the Canadian market (6.6% per year).
High Growth Revenue: DIV's revenue (8.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DIV's Return on Equity is forecast to be high in 3 years time
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How has Diversified Royalty performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DIV has high quality earnings.
Growing Profit Margin: DIV's current net profit margins (64.9%) are higher than last year (22.6%).
Past Earnings Growth Analysis
Earnings Trend: DIV's earnings have grown by 0.8% per year over the past 5 years.
Accelerating Growth: DIV's earnings growth over the past year (266.3%) exceeds its 5-year average (0.8% per year).
Earnings vs Industry: DIV earnings growth over the past year (266.3%) exceeded the Specialty Retail industry 47.3%.
Return on Equity
High ROE: DIV's Return on Equity (13.2%) is considered low.
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How is Diversified Royalty's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: DIV's short term assets (CA$64.8M) exceed its short term liabilities (CA$60.6M).
Long Term Liabilities: DIV's short term assets (CA$64.8M) do not cover its long term liabilities (CA$177.1M).
Debt to Equity History and Analysis
Debt Level: DIV's net debt to equity ratio (80.7%) is considered high.
Reducing Debt: DIV's debt to equity ratio has increased from 19.9% to 111.5% over the past 5 years.
Debt Coverage: DIV's debt is not well covered by operating cash flow (13%).
Interest Coverage: DIV's interest payments on its debt are well covered by EBIT (3.7x coverage).
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What is Diversified Royalty current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DIV's dividend (8.46%) is higher than the bottom 25% of dividend payers in the Canadian market (2.08%).
High Dividend: DIV's dividend (8.46%) is in the top 25% of dividend payers in the Canadian market (5.35%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, DIV has been paying a dividend for less than 10 years.
Growing Dividend: DIV's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100.7%), DIV's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (245.9%), DIV's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sean Morrison (51 yo)
Mr. Sean Morrison, CA has been the Chief Executive Officer and President at Diversified Royalty Corp. since August 06, 2013. Mr. Morrison has been the Chief Executive Officer and President of BENEV Capital...
CEO Compensation Analysis
Compensation vs Market: Sean's total compensation ($USD1.37M) is above average for companies of similar size in the Canadian market ($USD747.26K).
Compensation vs Earnings: Sean's compensation has increased by more than 20% in the past year.
Experienced Board: DIV'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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Diversified Royalty Corp.'s employee growth, exchange listings and data sources
- Name: Diversified Royalty Corp.
- Ticker: DIV
- Exchange: TSX
- Founded: 1992
- Industry: Automotive Retail
- Sector: Retail
- Implied Market Cap: CA$317.891m
- Shares outstanding: 124.18m
- Website: https://www.diversifiedroyaltycorp.com
Number of Employees
- Diversified Royalty Corp.
- 609 Granville Street
- Suite 330
- British Columbia
- V6C 3A8
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 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.