DPH Stock Overview
Dechra Pharmaceuticals PLC develops, manufactures, regulates, markets, and sells veterinary pharmaceuticals and related products for veterinarians.
DPH passed our risk checks.
Dechra Pharmaceuticals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£32.70|
|52 Week High||UK£55.25|
|52 Week Low||UK£30.95|
|1 Month Change||-14.44%|
|3 Month Change||-13.08%|
|1 Year Change||-16.58%|
|3 Year Change||18.48%|
|5 Year Change||78.79%|
|Change since IPO||2,377.27%|
Recent News & Updates
Calculating The Fair Value Of Dechra Pharmaceuticals PLC (LON:DPH)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Dechra Pharmaceuticals...
Do Dechra Pharmaceuticals's (LON:DPH) Earnings Warrant Your Attention?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
|DPH||GB Pharmaceuticals||GB Market|
Return vs Industry: DPH underperformed the UK Pharmaceuticals industry which returned 26.1% over the past year.
Return vs Market: DPH underperformed the UK Market which returned -3.8% over the past year.
|DPH Average Weekly Movement||5.1%|
|Pharmaceuticals Industry Average Movement||7.4%|
|Market Average Movement||6.1%|
|10% most volatile stocks in GB Market||11.7%|
|10% least volatile stocks in GB Market||3.1%|
Stable Share Price: DPH is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: DPH's weekly volatility (5%) has been stable over the past year.
About the Company
Dechra Pharmaceuticals PLC develops, manufactures, regulates, markets, and sells veterinary pharmaceuticals and related products for veterinarians. It operates through three segments: European Pharmaceuticals, North American Pharmaceuticals, and Pharmaceuticals Research and Development. The company offers various endocrinology, dermatology, analgesia and anesthesia, cardiovascular, and critical care products for dogs and cats; water soluble antibiotics, poultry vaccines, and pain management for poultry, pigs, and cattle; and lameness and pain management products for horses and ponies.
Dechra Pharmaceuticals Fundamentals Summary
|DPH fundamental statistics|
Is DPH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DPH income statement (TTM)|
|Cost of Revenue||UK£276.70m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Sep 05, 2022
|Earnings per share (EPS)||0.67|
|Net Profit Margin||11.38%|
How did DPH perform over the long term?See historical performance and comparison
1.3%Current Dividend Yield
Is Dechra Pharmaceuticals undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DPH (£32.7) is trading below our estimate of fair value (£39.23)
Significantly Below Fair Value: DPH is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: DPH is poor value based on its PE Ratio (48.6x) compared to the UK Pharmaceuticals industry average (16.3x).
PE vs Market: DPH is poor value based on its PE Ratio (48.6x) compared to the UK market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: DPH is poor value based on its PEG Ratio (4x)
Price to Book Ratio
PB vs Industry: DPH is overvalued based on its PB Ratio (5.5x) compared to the GB Pharmaceuticals industry average (3.6x).
How is Dechra Pharmaceuticals forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DPH's forecast earnings growth (12.3% per year) is above the savings rate (0.9%).
Earnings vs Market: DPH's earnings (12.3% per year) are forecast to grow faster than the UK market (11.2% per year).
High Growth Earnings: DPH's earnings are forecast to grow, but not significantly.
Revenue vs Market: DPH's revenue (7.1% per year) is forecast to grow faster than the UK market (4.1% per year).
High Growth Revenue: DPH's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DPH's Return on Equity is forecast to be high in 3 years time (22.8%)
How has Dechra Pharmaceuticals 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: DPH has high quality earnings.
Growing Profit Margin: DPH's current net profit margins (11.4%) are higher than last year (7.8%).
Past Earnings Growth Analysis
Earnings Trend: DPH's earnings have grown by 19.4% per year over the past 5 years.
Accelerating Growth: DPH's earnings growth over the past year (65.7%) exceeds its 5-year average (19.4% per year).
Earnings vs Industry: DPH earnings growth over the past year (65.7%) exceeded the Pharmaceuticals industry 2.2%.
Return on Equity
High ROE: DPH's Return on Equity (11.4%) is considered low.
How is Dechra Pharmaceuticals's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: DPH's short term assets (£376.0M) exceed its short term liabilities (£129.2M).
Long Term Liabilities: DPH's short term assets (£376.0M) do not cover its long term liabilities (£409.4M).
Debt to Equity History and Analysis
Debt Level: DPH's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: DPH's debt to equity ratio has reduced from 64.9% to 47.2% over the past 5 years.
Debt Coverage: DPH's debt is well covered by operating cash flow (39.5%).
Interest Coverage: DPH's interest payments on its debt are well covered by EBIT (12.2x coverage).
What is Dechra Pharmaceuticals's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DPH's dividend (1.27%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.78%).
High Dividend: DPH's dividend (1.27%) is low compared to the top 25% of dividend payers in the UK market (4.85%).
Stability and Growth of Payments
Stable Dividend: DPH's dividends per share have been stable in the past 10 years.
Growing Dividend: DPH's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.4%), DPH's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.8%), DPH's dividend payments are covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ian Page (60 yo)
Mr. Ian D. Page has been the Chief Executive Officer and Managing Director of Dechra Pharmaceuticals Plc since November 2001 and 1998 respectively and also serves as its Executive Director since June 13, 1...
CEO Compensation Analysis
Compensation vs Market: Ian's total compensation ($USD3.21M) is about average for companies of similar size in the UK market ($USD2.89M).
Compensation vs Earnings: Ian's compensation has increased by more than 20% in the past year.
Experienced Management: DPH's management team is seasoned and experienced (7.5 years average tenure).
Experienced Board: DPH's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DPH 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.
Dechra Pharmaceuticals PLC's employee growth, exchange listings and data sources
- Name: Dechra Pharmaceuticals PLC
- Ticker: DPH
- Exchange: LSE
- Founded: 1997
- Industry: Pharmaceuticals
- Sector: Pharmaceuticals & Biotech
- Implied Market Cap: UK£3.544b
- Shares outstanding: 108.39m
- Website: https://www.dechra.com
Number of Employees
- Dechra Pharmaceuticals PLC
- 24 Cheshire Avenue
- Cheshire Business Park
- CW9 7UA
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 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.