Daejan Holdings Plc, together with its subsidiaries, engages in the property investment activities in the United Kingdom and the United States.
Second-rate dividend payer with imperfect balance sheet.
Share Price & News
How has Daejan Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DJAN's share price has been volatile over the past 3 months.
7 Day Return
GB Real Estate
1 Year Return
GB Real Estate
Return vs Industry: DJAN exceeded the UK Real Estate industry which returned 32.9% over the past year.
Return vs Market: DJAN exceeded the UK Market which returned 6.5% over the past year.
Price Volatility Vs. Market
How volatile is Daejan Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StHere's How P/E Ratios Can Help Us Understand Daejan Holdings Plc (LON:DJAN)
3 weeks ago | Simply Wall StOnly 3 Days Left To Cash In On Daejan Holdings Plc's (LON:DJAN) Dividend
1 month ago | Simply Wall StVolatility 101: Should Daejan Holdings (LON:DJAN) Shares Have Dropped 14%?
Is Daejan Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DJAN (£80.2) is trading above our estimate of fair value (£65.85)
Significantly Below Fair Value: DJAN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DJAN is poor value based on its PE Ratio (21.8x) compared to the Real Estate industry average (18.2x).
PE vs Market: DJAN is poor value based on its PE Ratio (21.8x) compared to the UK market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DJAN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DJAN is good value based on its PB Ratio (0.7x) compared to the GB Real Estate industry average (1.1x).
How is Daejan Holdings 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 Daejan Holdings 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.
- Take a look at our analysis of DJAN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Daejan Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Daejan Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DJAN has a large one-off gain of £18.7M impacting its September 30 2019 financial results.
Growing Profit Margin: DJAN's current net profit margins (36.2%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: DJAN's earnings have declined by -8.3% per year over the past 5 years.
Accelerating Growth: DJAN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DJAN had negative earnings growth (-71%) over the past year, making it difficult to compare to the Real Estate industry average (2%).
Return on Equity
High ROE: DJAN's Return on Equity (3.1%) is considered low.
Return on Assets
Return on Capital Employed
How is Daejan Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: DJAN's short term assets (£297.8M) exceed its short term liabilities (£110.5M).
Long Term Liabilities: DJAN's short term assets (£297.8M) do not cover its long term liabilities (£786.4M).
Debt to Equity History and Analysis
Debt Level: DJAN's debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: DJAN's debt to equity ratio has increased from 24.8% to 25.4% over the past 5 years.
Debt Coverage: DJAN's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: DJAN's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Inventory Level: DJAN has a high level of physical assets or inventory.
Debt Coverage by Assets: DJAN's debt is not covered by short term assets (assets are 0.6x debt).
What is Daejan Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: DJAN's dividend (1.32%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.8%).
High Dividend: DJAN's dividend (1.32%) is low compared to the top 25% of dividend payers in the UK market (5.07%).
Stability and Growth of Payments
Stable Dividend: DJAN's dividends per share have been stable in the past 10 years.
Growing Dividend: DJAN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.8%), DJAN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Benzion S. Freshwater (71yo)
Mr. Benzion S. E. Freshwater has been the Managing Director of Daejan Holdings PLC since July 1976 and has been its the Chairman since July 1980. Mr. Freshwater has been a Director of Daejan Holdings PLC s ...
CEO Compensation Analysis
Compensation vs Market: Benzion S.'s total compensation ($USD1.62M) is about average for companies of similar size in the UK market ($USD1.84M).
Compensation vs Earnings: Benzion S.'s compensation has been consistent with company performance over the past year.
|Chairman & MD||43.6yrs||UK£1.25m||6.59% £86.1m|
|Non-Executive Director||48.2yrs||UK£20.00k||0.0047% £61.2k|
|Non-Executive Director||9.6yrs||UK£20.00k||no data|
|Non-Executive Director||9.6yrs||UK£20.00k||no data|
|Independent Director||3.1yrs||UK£25.00k||no data|
|Independent Director||2.6yrs||UK£20.00k||no data|
|Non-Executive Director||2.6yrs||UK£20.00k||no data|
Experienced Board: DJAN's board of directors are considered experienced (9.6 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.
Daejan Holdings Plc's company bio, employee growth, exchange listings and data sources
- Name: Daejan Holdings Plc
- Ticker: DJAN
- Exchange: LSE
- Founded: 1935
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: UK£1.307b
- Shares outstanding: 16.30m
- Website: https://www.daejanholdings.com
Number of Employees
- Daejan Holdings Plc
- Freshwater House
- 158-162, Shaftesbury Avenue
- Greater London
- WC2H 8HR
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DJAN||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Jan 1992|
|DJANL||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Jan 1992|
Daejan Holdings Plc, together with its subsidiaries, engages in the property investment activities in the United Kingdom and the United States. Its property portfolio includes commercial, industrial, and residential properties. The company was incorporated in 1935 and is headquartered in London, the United Kingdom. Daejan Holdings Plc operates as a subsidiary of Centremanor Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 20:50|
|End of Day Share Price||2020/02/24 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.