Diageo (LSE:DGE) - Stock Price, News & Analysis

DGE Stock Overview

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages.

DGE fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	3/6
Financial Health	2/6
Dividends	5/6

Rewards

Trading at 22.7% below our estimate of its fair value

Earnings are forecast to grow 7.9% per year

Earnings grew by 17.5% over the past year

Pays a reliable dividend of 2.28%

Risk Analysis

Debt is not well covered by operating cash flow

My Notes

New

Notes are coming soon

Diageo plc Competitors

British American Tobacco

LSE:BATS

UK£68.4b

C&C Group

LSE:CCR

UK£624.1m

Imperial Brands

LSE:IMB

UK£18.6b

Coca-Cola HBC

LSE:CCH

UK£7.1b

Price History & Performance

Summary of all time highs, changes and price drops for Diageo
Historical stock prices
Current Share Price	UK£34.11
52 Week High	UK£40.67
52 Week Low	UK£32.83
Beta	0.41
1 Month Change	-6.56%
3 Month Change	-5.55%
1 Year Change	-8.39%
3 Year Change	10.09%
5 Year Change	37.80%
Change since IPO	894.31%

Diageo's (LON:DGE) Upcoming Dividend Will Be Larger Than Last Year's

Jan 30

Estimating The Fair Value Of Diageo plc (LON:DGE)

Jan 24

Recent updates

Most Shareholders Will Probably Agree With Diageo plc's (LON:DGE) CEO Compensation

Sep 30

Is Diageo (LON:DGE) Using Too Much Debt?

Sep 02

Diageo's (LON:DGE) Upcoming Dividend Will Be Larger Than Last Year's

Aug 14

Here's Why We Think Diageo (LON:DGE) Is Well Worth Watching

Aug 12

Diageo (LON:DGE) Is Increasing Its Dividend To £0.4682

Jul 31

Here's What To Make Of Diageo's (LON:DGE) Decelerating Rates Of Return

Jun 27

An Intrinsic Calculation For Diageo plc (LON:DGE) Suggests It's 28% Undervalued

May 31

Is Diageo (LON:DGE) A Risky Investment?

May 18

Diageo (LON:DGE) Has More To Do To Multiply In Value Going Forward

Mar 25

Diageo plc (LON:DGE) Shares Could Be 22% Below Their Intrinsic Value Estimate

Feb 27

Diageo (LON:DGE) Has Announced That It Will Be Increasing Its Dividend To UK£0.29

Feb 13

Here's Why Diageo (LON:DGE) Can Manage Its Debt Responsibly

Feb 12

Diageo (LON:DGE) Is Paying Out A Larger Dividend Than Last Year

Jan 30

Diageo (LON:DGE) Has More To Do To Multiply In Value Going Forward

Dec 03

These 4 Measures Indicate That Diageo (LON:DGE) Is Using Debt Reasonably Well

Oct 09

Diageo (LON:DGE) Has Some Way To Go To Become A Multi-Bagger

Sep 04

Diageo's (LON:DGE) Upcoming Dividend Will Be Larger Than Last Year's

Aug 19

Diageo (LON:DGE) Is Paying Out A Larger Dividend Than Last Year

Aug 05

Calculating The Intrinsic Value Of Diageo plc (LON:DGE)

Aug 01

Diageo (LON:DGE) Has A Somewhat Strained Balance Sheet

Jun 19

Diageo (LON:DGE) Has More To Do To Multiply In Value Going Forward

May 24

A Look At The Intrinsic Value Of Diageo plc (LON:DGE)

Apr 29

Diageo (LON:DGE) Has A Somewhat Strained Balance Sheet

Mar 17

A Note On Diageo plc's (LON:DGE) ROE and Debt To Equity

Mar 05

Here's Why We're Wary Of Buying Diageo's (LON:DGE) For Its Upcoming Dividend

Feb 21

Are Diageo's (LON:DGE) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Feb 15

Trade Alert: The President of Diageo Africa Of Diageo plc (LON:DGE), John O'Keeffe, Has Sold Some Shares Recently

Feb 04

Read This Before Buying Diageo plc (LON:DGE) For Its Dividend

Jan 30

Returns On Capital At Diageo (LON:DGE) Paint An Interesting Picture

Jan 17

Estimating The Fair Value Of Diageo plc (LON:DGE)

Jan 04

Here's What Diageo plc's (LON:DGE) Shareholder Ownership Structure Looks Like

Dec 24

Have Insiders Been Selling Diageo plc (LON:DGE) Shares?

Dec 13

With A Return On Equity Of 17%, Has Diageo plc's (LON:DGE) Management Done Well?

Dec 01

Is Diageo (LON:DGE) Using Too Much Debt?

Nov 19

Shareholder Returns

	DGE	GB Beverage	GB Market
7D	-8.0%	-6.9%	0.005%
1Y	-8.4%	-10.8%	-4.5%

Return vs Industry: DGE exceeded the UK Beverage industry which returned -10.8% over the past year.

Return vs Market: DGE underperformed the UK Market which returned -4.5% over the past year.

Price Volatility

Is DGE's price volatile compared to industry and market?
DGE volatility
DGE Average Weekly Movement	2.8%
Beverage Industry Average Movement	3.0%
Market Average Movement	5.1%
10% most volatile stocks in GB Market	11.0%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: DGE is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: DGE's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1886	28,000	Ivan Menezes	https://www.diageo.com

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products. It provides its products primarily under the Johnnie Walker, Guinness, Tanqueray, Baileys, Smirnoff, Captain Morgan, Crown Royal, Don Julio, Ciroc, Buchanan's, Casamigos, J&B, and Ketel One brands.

Diageo plc Fundamentals Summary

How do Diageo's earnings and revenue compare to its market cap?
DGE fundamental statistics
Market Cap	UK£77.14b
Earnings (TTM)	UK£3.58b
Revenue (TTM)	UK£16.92b

21.6x

P/E Ratio

4.6x

P/S Ratio

Is DGE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
DGE income statement (TTM)
Revenue	UK£16.92b
Cost of Revenue	UK£6.59b
Gross Profit	UK£10.33b
Other Expenses	UK£6.75b
Earnings	UK£3.58b

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	1.58
Gross Margin	61.04%
Net Profit Margin	21.16%
Debt/Equity Ratio	181.9%

How did DGE perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

50%

Payout Ratio

Does DGE pay a reliable dividends?

See DGE dividend history and benchmarks

When do you need to buy DGE by to receive an upcoming dividend?
Diageo dividend dates
Ex Dividend Date	Mar 02 2023
Dividend Pay Date	Apr 13 2023
Days until Ex dividend	30 days
Days until Dividend pay date	72 days

Does DGE pay a reliable dividends?

See DGE dividend history and benchmarks

DGE Stock Overview

Rewards

Risk Analysis

Diageo plc Competitors

LSE:BATS

UK£68.4b

LSE:CCR

UK£624.1m

LSE:IMB

UK£18.6b

LSE:CCH

UK£7.1b

Price History & Performance

Recent News & Updates

Diageo's (LON:DGE) Upcoming Dividend Will Be Larger Than Last Year's

Diageo plc Announces Interim Dividend, Payable on 13 April 2023 and 18 April 2023 Respectively

First half 2023 earnings: EPS and revenues exceed analyst expectations

Now 21% undervalued after recent price drop

Estimating The Fair Value Of Diageo plc (LON:DGE)

Diageo plc (LSE:DGE) agreed to acquire Don Papa Rum.

Recent updates

Diageo's (LON:DGE) Upcoming Dividend Will Be Larger Than Last Year's

Diageo plc Announces Interim Dividend, Payable on 13 April 2023 and 18 April 2023 Respectively

First half 2023 earnings: EPS and revenues exceed analyst expectations

Now 21% undervalued after recent price drop

Estimating The Fair Value Of Diageo plc (LON:DGE)

Diageo plc (LSE:DGE) agreed to acquire Don Papa Rum.

Diageo plc (LSE:DGE) agreed to acquire Don Papa Rum.

Here's Why We Think Diageo (LON:DGE) Might Deserve Your Attention Today

Is Diageo (LON:DGE) A Risky Investment?

Diageo plc to Report First Half, 2023 Results on Jan 26, 2023

High number of new directors

A Look At The Fair Value Of Diageo plc (LON:DGE)

Diageo's (LON:DGE) Returns Have Hit A Wall

Diageo plc Provides Earnings Guidance for the Fiscal 2023 to Fiscal 2025

Most Shareholders Will Probably Agree With Diageo plc's (LON:DGE) CEO Compensation

Diageo plc (LSE:DGE) acquired Mr Black Spirits Pty Ltd.

Now 21% undervalued

Johnnie Walker Announces Fifth Release in Johnnie Walker Blue Label Ghost and Rare Series with Exclusive NFT Drop

Is Diageo (LON:DGE) Using Too Much Debt?

Now 20% undervalued

Upcoming dividend of UK£0.47 per share

Diageo's (LON:DGE) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why We Think Diageo (LON:DGE) Is Well Worth Watching

Diageo (LON:DGE) Is Increasing Its Dividend To £0.4682

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Diageo plc Recommends Final Dividend for the Year Ended 30 June 2022, Payable on 20 October 2022

Castel Frères SA agreed to acquire Guinness Cameroun S.A. from Diageo plc (LSE:DGE) for £389 million.

Diageo Announces Management Changes

Diageo plc (LSE:DGE) acquired Vivanda, Inc.

Here's What To Make Of Diageo's (LON:DGE) Decelerating Rates Of Return

Insider exercised options to buy UK£669k worth of stock.

An Intrinsic Calculation For Diageo plc (LON:DGE) Suggests It's 28% Undervalued

Is Diageo (LON:DGE) A Risky Investment?

Davide Campari-Milano N.V. (BIT:CPR) acquired Picon Brand and Related Assets of Diageo plc (LSE:DGE) for €120 million

High number of new directors

Diageo Introduces Astral Tequila, Nourished by the Sun and Stars

Diageo plc (LSE:DGE) acquired 21Seeds Inc.

Diageo (LON:DGE) Has More To Do To Multiply In Value Going Forward

Independent Non-Executive Director recently bought UK£99k worth of stock

Diageo plc (LON:DGE) Shares Could Be 22% Below Their Intrinsic Value Estimate

Upcoming dividend of UK£0.29 per share

Diageo (LON:DGE) Has Announced That It Will Be Increasing Its Dividend To UK£0.29

Here's Why Diageo (LON:DGE) Can Manage Its Debt Responsibly

Diageo (LON:DGE) Is Paying Out A Larger Dividend Than Last Year

First half 2022 earnings: EPS and revenues exceed analyst expectations

Non-Executive Chairman recently bought UK£924k worth of stock

Diageo plc Provides Earnings Guidance for the Second Half of Fiscal 2022 and for the Fiscal 2023 to Fiscal 2025

Société Des Brasseries Et Glacières Internationales S.A. entered into an agreement to acquire Meta Abo Brewery Share Company SC from Diageo plc (LSE:DGE).

Diageo (LON:DGE) Has More To Do To Multiply In Value Going Forward

These 4 Measures Indicate That Diageo (LON:DGE) Is Using Debt Reasonably Well

General Counsel & Company Secretary Siobhan Moriarty has left the company

Non-Executive Chairman recently bought UK£881k worth of stock

General Counsel & Company Secretary exercised options and sold UK£1.2m worth of stock

President of Africa & Beer exercised options and sold UK£518k worth of stock

Diageo (LON:DGE) Has Some Way To Go To Become A Multi-Bagger

Upcoming dividend of UK£0.45 per share

Diageo's (LON:DGE) Upcoming Dividend Will Be Larger Than Last Year's

Diageo (LON:DGE) Is Paying Out A Larger Dividend Than Last Year

Calculating The Intrinsic Value Of Diageo plc (LON:DGE)