Delegat Group Limited engages in the production, marketing, distribution, and sale of wine.
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$14.25|
|52 Week High||NZ$12.90|
|52 Week Low||NZ$15.82|
|1 Month Change||-1.86%|
|3 Month Change||1.42%|
|1 Year Change||-4.81%|
|3 Year Change||48.44%|
|5 Year Change||141.52%|
|Change since IPO||819.36%|
Recent News & Updates
Here's Why Delegat Group (NZSE:DGL) Can Manage Its Debt Responsibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Slowing Rates Of Return At Delegat Group (NZSE:DGL) Leave Little Room For Excitement
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Delegat Group Limited's (NZSE:DGL) Intrinsic Value Is Potentially 54% Above Its Share Price
In this article we are going to estimate the intrinsic value of Delegat Group Limited ( NZSE:DGL ) by taking the...
I Ran A Stock Scan For Earnings Growth And Delegat Group (NZSE:DGL) Passed With Ease
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
|DGL||NZ Beverage||NZ Market|
Return vs Industry: DGL underperformed the NZ Beverage industry which returned 24.8% over the past year.
Return vs Market: DGL underperformed the NZ Market which returned 2.2% over the past year.
Stable Share Price: DGL is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: DGL's weekly volatility (3%) has been stable over the past year.
About the Company
Delegat Group Limited engages in the production, marketing, distribution, and sale of wine. The company markets and sells its products primarily under the Oyster Bay, Barossa Valley Estate, and Delegat brands to retailers and distributors in the United Kingdom, Ireland, and rest of Europe; and the United States, Canada, Australia, New Zealand, and the Asia Pacific. It also provides brand marketing services.
Delegat Group Fundamentals Summary
|DGL fundamental statistics|
Is DGL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DGL income statement (TTM)|
|Cost of Revenue||NZ$159.12m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.61|
|Net Profit Margin||20.36%|
How did DGL perform over the long term?See historical performance and comparison
1.4%Current Dividend Yield
Is Delegat Group 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: DGL (NZ$14.25) is trading above our estimate of fair value (NZ$5.8)
Significantly Below Fair Value: DGL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DGL is good value based on its PE Ratio (23.2x) compared to the Oceanic Beverage industry average (26.3x).
PE vs Market: DGL is poor value based on its PE Ratio (23.2x) compared to the NZ market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: DGL is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: DGL is overvalued based on its PB Ratio (3.2x) compared to the XO Beverage industry average (2.2x).
How is Delegat Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DGL's forecast earnings growth (8.2% per year) is above the savings rate (2.1%).
Earnings vs Market: DGL's earnings (8.2% per year) are forecast to grow slower than the NZ market (9.2% per year).
High Growth Earnings: DGL's earnings are forecast to grow, but not significantly.
Revenue vs Market: DGL's revenue (7.9% per year) is forecast to grow faster than the NZ market (5.2% per year).
High Growth Revenue: DGL's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DGL's Return on Equity is forecast to be low in 3 years time (13.2%).
How has Delegat Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DGL has high quality earnings.
Growing Profit Margin: DGL's current net profit margins (20.4%) are lower than last year (21.5%).
Past Earnings Growth Analysis
Earnings Trend: DGL's earnings have grown by 10.3% per year over the past 5 years.
Accelerating Growth: DGL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DGL had negative earnings growth (-5%) over the past year, making it difficult to compare to the Beverage industry average (25.3%).
Return on Equity
High ROE: DGL's Return on Equity (13.7%) is considered low.
How is Delegat Group's financial position?
Financial Position Analysis
Short Term Liabilities: DGL's short term assets (NZ$225.3M) exceed its short term liabilities (NZ$44.9M).
Long Term Liabilities: DGL's short term assets (NZ$225.3M) do not cover its long term liabilities (NZ$385.3M).
Debt to Equity History and Analysis
Debt Level: DGL's debt to equity ratio (57.7%) is considered high.
Reducing Debt: DGL's debt to equity ratio has reduced from 105.9% to 57.7% over the past 5 years.
Debt Coverage: DGL's debt is well covered by operating cash flow (28.5%).
Interest Coverage: DGL's interest payments on its debt are well covered by EBIT (9.7x coverage).
What is Delegat Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DGL's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (2.45%).
High Dividend: DGL's dividend (1.4%) is low compared to the top 25% of dividend payers in the NZ market (4.75%).
Stability and Growth of Payments
Stable Dividend: DGL is not paying a notable dividend for the NZ market, therefore no need to check if payments are stable.
Growing Dividend: DGL is not paying a notable dividend for the NZ market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: DGL is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DGL's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Graeme Stuart Lord serves as Acting Managing Director & Executive Director at Delegat Group Limited since April 1, 2021 and served as its Non-Executive Director since July 1, 2020 until April 1, 2021....
CEO Compensation Analysis
Compensation vs Market: Graeme's total compensation ($USD890.76K) is about average for companies of similar size in the NZ market ($USD732.31K).
Compensation vs Earnings: Graeme's compensation has been consistent with company performance over the past year.
Experienced Management: DGL's management team is seasoned and experienced (9.2 years average tenure).
Experienced Board: DGL's board of directors are considered experienced (9 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Delegat Group Limited's employee growth, exchange listings and data sources
- Name: Delegat Group Limited
- Ticker: DGL
- Exchange: NZSE
- Founded: 1947
- Industry: Distillers and Vintners
- Sector: Food, Beverage & Tobacco
- Market Cap: NZ$1.441b
- Shares outstanding: 101.13m
- Website: https://www.delegat.com
Number of Employees
- Delegat Group Limited
- 15 Customs Street West
- Level 31
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:21|
|End of Day Share Price||2021/10/18 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.