OTCPK:DHCP.Q

Stock Analysis Report

Executive Summary

Ditech Holding Corporation operates as an independent servicer and originator of mortgage loans, and servicer of reverse mortgage loans.

Snowflake

Fundamentals

Good value with poor track record.

Risks

  • Ditech Holding has significant price volatility in the past 3 months.
  • Ditech Holding is not covered by any analysts.

Similar Companies

Share Price & News

How has Ditech Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.5%

OTCPK:DHCP.Q

-1.6%

US Mortgage

-1.9%

US Market


1 Year Return

-99.3%

OTCPK:DHCP.Q

-2.6%

US Mortgage

-3.3%

US Market

DHCP.Q underperformed the Mortgage industry which returned -2.8% over the past year.

DHCP.Q underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

DHCP.QIndustryMarket
7 Day2.5%-1.6%-1.9%
30 Day-44.9%-2.8%-6.2%
90 Day-44.9%-1.3%0.3%
1 Year-99.3%-99.3%-0.6%-2.6%-1.1%-3.3%
3 Yearn/a29.6%21.0%37.9%28.9%
5 Yearn/a55.3%39.0%50.8%34.1%

Price Volatility Vs. Market

How volatile is Ditech Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ditech Holding undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Ditech Holding's share price is below the future cash flow value, and at a moderate discount (> 20%).

Ditech Holding's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Ditech Holding is good value based on earnings compared to the US Mortgage industry average.

Ditech Holding is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Ditech Holding, we can't assess if its growth is good value.


Price Based on Value of Assets

Ditech Holding has negative assets, we can't compare the value of its assets to the US Mortgage industry average.


Next Steps

Future Growth

How is Ditech Holding expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.3%

Forecasted Banks 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 Ditech Holding 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.


Next Steps

  • Examine whether Ditech Holding is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Ditech Holding's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has Ditech Holding performed over the past 5 years?

-7.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Ditech Holding's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Ditech Holding has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Ditech Holding has become profitable in the last year making it difficult to compare the US Mortgage industry average.


Return on Equity

It is difficult to establish if Ditech Holding has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

Ditech Holding used its assets more efficiently than the US Mortgage industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Ditech Holding improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Ditech Holding's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Unable to establish if Ditech Holding has an acceptable proportion of non-loan assets without balance sheet data.

Unable to establish if Ditech Holding has a sufficient allowance for bad loans without relevant financial data.

Unable to establish if Ditech Holding's liabilities are primarily made up of low risk funding sources without deposits or liabilities data.

Ditech Holding's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Ditech Holding reports no customer deposits, loans are made up entirely of borrowed funds.

Unable to establish if Ditech Holding has an acceptable level of bad loans without bad loans data.


Next Steps

Dividend

What is Ditech Holding's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Ditech Holding's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Ditech Holding's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Ditech Holding has not reported any payouts.

Unable to verify if Ditech Holding's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Ditech Holding has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Ditech Holding's salary, the management and board of directors tenure and is there insider trading?

1.9yrs

Average management tenure


CEO

Tom Marano (58yo)

1.3yrs

Tenure

US$6,795,092

Compensation

Mr. Thomas F. Marano is the Chairman of the Board and Director of Ditech Holding Corporation since February 2018 and has been its Chief Executive Officer and President since April 2018. From 2014 until 201 ...


CEO Compensation Analysis

Tom's remuneration is higher than average for companies of similar size in United States of America.

Insufficient data for Tom to compare compensation growth.


Management Age and Tenure

1.9yrs

Average Tenure

52yo

Average Age

The average tenure for the Ditech Holding management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.5yrs

Average Tenure

55yo

Average Age

The average tenure for the Ditech Holding board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$1,00803 Jan 19
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Max PriceUS$3.76

Ownership Breakdown


Management Team

  • Jeanetta Brown

    Interim Secretary

    • Tenure: 0.0yrs
  • Jerry Lombardo

    • Tenure: 1.5yrs
    • Compensation: US$2.91m
  • Tom Marano (58yo)

    Chairman

    • Tenure: 1.3yrs
    • Compensation: US$6.80m
  • Whitney Finch

    Vice President of Investor Relations & Corporate Communications

    • Tenure: 0.0yrs
  • Liz Monahan (52yo)

    • Tenure: 2.8yrs
  • Andy Badstubner

    Chief Technology Officer

    • Tenure: 1.2yrs
  • Fred Young (49yo)

    • Tenure: 2.8yrs
    • Compensation: US$257.74k
  • Jeff Baker (55yo)

    President of Reverse Mortgage Solutions

    • Tenure: 2.8yrs
    • Compensation: US$1.47m
  • John Haas (43yo)

    Chief Legal Officer

    • Tenure: 2.3yrs
    • Compensation: US$1.74m
  • Rob Pieklo

    Head of Revenue Management

    • Tenure: 1.2yrs

Board Members

  • John Brecker (55yo)

    Director

    • Tenure: 1.5yrs
    • Compensation: US$328.25k
  • Neal Goldman (50yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: US$419.37k
  • George Awad (59yo)

    Director

    • Tenure: 3.2yrs
    • Compensation: US$416.59k
  • Tom Marano (58yo)

    Chairman

    • Tenure: 1.3yrs
    • Compensation: US$6.80m
  • Tom Miglis (64yo)

    Director

    • Tenure: 1.5yrs
    • Compensation: US$285.54k
  • Sam Ramsey (59yo)

    Director

    • Tenure: 1.5yrs
    • Compensation: US$378.37k
  • David Ascher (41yo)

    Director

    • Tenure: 1.5yrs
    • Compensation: US$277.62k
  • Daniel Beltzman (44yo)

    Director

    • Tenure: 3.7yrs
    • Compensation: US$274.11k
  • Seth Bartlett (47yo)

    Lead Independent Director

    • Tenure: 1.3yrs
    • Compensation: US$298.23k

Company Information

Ditech Holding Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ditech Holding Corporation
  • Ticker: DHCP.Q
  • Exchange: OTCPK
  • Founded: 1958
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$208.530k
  • Shares outstanding: 5.41m
  • Website: https://www.ditechholding.com

Number of Employees


Location

  • Ditech Holding Corporation
  • 1100 Virginia Drive
  • Suite 100
  • Fort Washington
  • Pennsylvania
  • 19034
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DHCP.QOTCPK (Pink Sheets LLC)YesCommon StockUSUSDFeb 2018
DH3BST (Boerse-Stuttgart)YesCommon StockDEEURFeb 2018

Biography

Ditech Holding Corporation operates as an independent servicer and originator of mortgage loans, and servicer of reverse mortgage loans. The company operates through three segments: Servicing, Originations ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/26 00:50
End of Day Share Price2019/08/22 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.