Diamond Hill Investment Group
Market Cap
US$421.8m
Last Updated
2021/02/28 23:39 UTC
Data Sources
Company Financials
Executive Summary
Diamond Hill Investment Group, Inc., together with its subsidiaries, provides investment advisory and fund administration services in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Similar Companies
Share Price & News
How has Diamond Hill Investment Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DHIL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: DHIL's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-1.3%
DHIL
-2.6%
US Capital Markets
-3.6%
US Market
1 Year Return
11.9%
DHIL
38.2%
US Capital Markets
36.5%
US Market
Return vs Industry: DHIL underperformed the US Capital Markets industry which returned 38.1% over the past year.
Return vs Market: DHIL underperformed the US Market which returned 36.4% over the past year.
Shareholder returns
| DHIL | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.3% | -2.6% | -3.6% |
| 30 Day | -4.3% | 8.2% | 2.7% |
| 90 Day | 3.7% | 16.2% | 7.5% |
| 1 Year | 21.0%11.9% | 41.5%38.2% | 39.5%36.5% |
| 3 Year | -17.4%-31.6% | 39.5%29.2% | 53.5%43.6% |
| 5 Year | 2.4%-20.3% | 140.6%110.9% | 117.5%93.2% |
Long-Term Price Volatility Vs. Market
How volatile is Diamond Hill Investment Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Would Shareholders Who Purchased Diamond Hill Investment Group's (NASDAQ:DHIL) Stock Three Years Be Happy With The Share price Today?1 day ago | Simply Wall St
Independent Director Richard Cooley Just Bought 40% More Shares In Diamond Hill Investment Group, Inc. (NASDAQ:DHIL)4 weeks ago | Simply Wall St
What Kind Of Investors Own Most Of Diamond Hill Investment Group, Inc. (NASDAQ:DHIL)?Valuation
Is Diamond Hill Investment Group undervalued compared to its fair value and its price relative to the market?
49.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DHIL ($141.85) is trading below our estimate of fair value ($283.21)
Significantly Below Fair Value: DHIL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DHIL is good value based on its PE Ratio (11.8x) compared to the US Capital Markets industry average (23.5x).
PE vs Market: DHIL is good value based on its PE Ratio (11.8x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DHIL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DHIL is good value based on its PB Ratio (2x) compared to the US Capital Markets industry average (14.4x).
Next Steps
Future Growth
How is Diamond Hill Investment Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.8%
Forecasted Diversified Financials 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 Diamond Hill Investment Group 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 Diamond Hill Investment Group 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.
- Explore growth companies in the Diversified Financials industry.
Past Performance
How has Diamond Hill Investment Group performed over the past 5 years?
0.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DHIL has high quality earnings.
Growing Profit Margin: DHIL's current net profit margins (30.6%) are lower than last year (40.1%).
Past Earnings Growth Analysis
Earnings Trend: DHIL's earnings have grown by 0.3% per year over the past 5 years.
Accelerating Growth: DHIL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DHIL had negative earnings growth (-29.4%) over the past year, making it difficult to compare to the Capital Markets industry average (9%).
Return on Equity
High ROE: DHIL's Return on Equity (17.8%) is considered low.
Next Steps
Financial Health
How is Diamond Hill Investment Group's financial position?
Financial Position Analysis
Short Term Liabilities: DHIL's short term assets ($136.6M) exceed its short term liabilities ($23.8M).
Long Term Liabilities: DHIL's short term assets ($136.6M) exceed its long term liabilities ($31.2M).
Debt to Equity History and Analysis
Debt Level: DHIL is debt free.
Reducing Debt: DHIL had no debt 5 years ago.
Debt Coverage: DHIL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DHIL has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Diamond Hill Investment Group current dividend yield, its reliability and sustainability?
11.28%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: DHIL's dividend (11.28%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: DHIL's dividend (11.28%) is in the top 25% of dividend payers in the US market (3.77%)
Stability and Growth of Payments
Stable Dividend: DHIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: DHIL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.1yrs
Average management tenure
CEO
Heather Brilliant (43 yo)
1.42yrs
Tenure
US$4,763,989
Compensation
Ms. Heather Elizabeth Brilliant, CFA, has been President, CEO & Director at Diamond Hill Investment Group, Inc. since September 3, 2019. She is Chief Executive Officer and President at Diamond Hill Capital...
CEO Compensation Analysis
Compensation vs Market: Heather's total compensation ($USD4.76M) is above average for companies of similar size in the US market ($USD1.50M).
Compensation vs Earnings: Insufficient data to compare Heather's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.42yrs | US$4.76m | 0.98% $ 4.1m | |
| CFO & Treasurer | 6.08yrs | US$2.09m | 0.65% $ 2.8m | |
| Co-Chief Investment Officer & Portfolio Manager | 10.67yrs | no data | no data | |
| Co-Chief Investment Officer & Portfolio Manager | 6.08yrs | no data | no data | |
| MD of Administration & Chief Compliance Officer | no data | no data | no data | |
| Head of Communications | no data | no data | no data | |
| Managing Director of Marketing | no data | no data | no data | |
| Director of Human Resources | 7.08yrs | no data | no data | |
| Chief Administrative Officer of Investments | 2.83yrs | no data | no data | |
| Controller | no data | no data | no data | |
| Corporate Secretary | 1.08yrs | no data | no data | |
| Managing Director of Equities - Diamond Hill Capital Management Inc | 18.42yrs | no data | no data |
6.1yrs
Average Tenure
51.5yo
Average Age
Experienced Management: DHIL's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.42yrs | US$4.76m | 0.98% $ 4.1m | |
| Independent Director | 8.83yrs | no data | 0.24% $ 1.0m | |
| Chairman of the Board & Lead Independent Director | 1.75yrs | US$30.00k | 1.08% $ 4.5m | |
| Independent Director | 0.33yr | no data | 0.18% $ 748.8k | |
| Independent Director | 7.83yrs | US$30.00k | 0.29% $ 1.2m | |
| Independent Director | 2yrs | US$1.31m | no data | |
| Independent Director | 2yrs | US$1.31m | 0.080% $ 337.5k |
2.0yrs
Average Tenure
62yo
Average Age
Experienced Board: DHIL's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DHIL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Diamond Hill Investment Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Diamond Hill Investment Group, Inc.
- Ticker: DHIL
- Exchange: NasdaqGS
- Founded: 1990
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$421.819m
- Shares outstanding: 2.97m
- Website: https://www.diamond-hill.com
Number of Employees
Location
- Diamond Hill Investment Group, Inc.
- 325 John H. McConnell Boulevard
- Suite 200
- Columbus
- Ohio
- 43215
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DHIL | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jan 1995 |
Biography
Diamond Hill Investment Group, Inc., together with its subsidiaries, provides investment advisory and fund administration services in the United States. It sponsors, distributes, and offers investment advi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/28 23:39 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.