| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
DHIL Stock Overview
Diamond Hill Investment Group, Inc., together with its subsidiaries, provides investment advisory and fund administration services in the United States.
Diamond Hill Investment Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$185.23 |
| 52 Week High | US$234.84 |
| 52 Week Low | US$138.69 |
| Beta | 0.99 |
| 1 Month Change | 0.016% |
| 3 Month Change | -3.06% |
| 1 Year Change | 21.49% |
| 3 Year Change | 18.74% |
| 5 Year Change | -6.74% |
| Change since IPO | 1,247.13% |
Recent News & Updates
Here's Why I Think Diamond Hill Investment Group (NASDAQ:DHIL) Is An Interesting Stock
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Diamond Hill Investment: 10% Special Dividend Huge Surprise, +142% EPS In Q3
Special cash dividend of $19.00/share announced which is a dividend yield of 10%. Approved raising 2022 quarterly dividend to $1.50/share from $1.00/share in 2021. This amounts to a regular dividend yield of 3% for 2022. 3Q21 net inflow of $220mn into Diamond Hill’s funds. Reported EPS in 3Q21 up 142% YoY. Stock has given investors a return of 82% from our initial recommendation in July 2020.
Shareholder Returns
| DHIL | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -0.4% | -5.5% | -4.6% |
| 1Y | 21.5% | 24.6% | 7.7% |
Return vs Industry: DHIL underperformed the US Capital Markets industry which returned 25.7% over the past year.
Return vs Market: DHIL exceeded the US Market which returned 10.2% over the past year.
Price Volatility
| DHIL volatility | |
|---|---|
| DHIL Average Weekly Movement | 5.7% |
| Capital Markets Industry Average Movement | 0.7% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: DHIL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: DHIL's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1990 | 126 | Heather Brilliant | https://www.diamond-hill.com |
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 advisory and related services to its clients. The company also provides fund administration services, including portfolio and regulatory compliance, treasury and financial oversight, and general business management and governance of the mutual fund complex, as well as oversight of back-office service providers, such as the custodian, fund accountant, and transfer agent.
Diamond Hill Investment Group Fundamentals Summary
| DHIL fundamental statistics | |
|---|---|
| Market Cap | US$587.49m |
| Earnings (TTM) | US$70.57m |
| Revenue (TTM) | US$174.18m |
8.3x
P/E Ratio3.4x
P/S RatioIs DHIL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DHIL income statement (TTM) | |
|---|---|
| Revenue | US$174.18m |
| Cost of Revenue | US$85.59m |
| Gross Profit | US$88.58m |
| Expenses | US$18.02m |
| Earnings | US$70.57m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 22.25 |
| Gross Margin | 50.86% |
| Net Profit Margin | 40.51% |
| Debt/Equity Ratio | 0% |
How did DHIL perform over the long term?
See historical performance and comparisonDividends
12.4%
Current Dividend Yield14%
Payout RatioValuation
Is Diamond Hill Investment Group undervalued compared to its fair value and its price relative to the market?
44.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DHIL ($185.23) is trading below our estimate of fair value ($331.77)
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 (8.3x) compared to the US Capital Markets industry average (15.5x).
PE vs Market: DHIL is good value based on its PE Ratio (8.3x) compared to the US market (17x).
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 (2.6x) compared to the US Capital Markets industry average (42.2x).
Future Growth
How is Diamond Hill Investment Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
6.3%
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.
Past Performance
How has Diamond Hill Investment Group performed over the past 5 years?
0.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DHIL has a high level of non-cash earnings.
Growing Profit Margin: DHIL's current net profit margins (40.5%) are higher than last year (29.6%).
Past Earnings Growth Analysis
Earnings Trend: DHIL's earnings have grown by 0.8% per year over the past 5 years.
Accelerating Growth: DHIL's earnings growth over the past year (87.1%) exceeds its 5-year average (0.8% per year).
Earnings vs Industry: DHIL earnings growth over the past year (87.1%) exceeded the Capital Markets industry 86.4%.
Return on Equity
High ROE: DHIL's Return on Equity (30.1%) is considered high.
Financial Health
How is Diamond Hill Investment Group's financial position?
Financial Position Analysis
Short Term Liabilities: DHIL's short term assets ($134.5M) exceed its short term liabilities ($38.5M).
Long Term Liabilities: DHIL's short term assets ($134.5M) exceed its long term liabilities ($36.8M).
Debt to Equity History and Analysis
Debt Level: DHIL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if DHIL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: DHIL's debt is well covered by operating cash flow (368904360%).
Interest Coverage: DHIL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Diamond Hill Investment Group current dividend yield, its reliability and sustainability?
12.42%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DHIL's dividend (12.42%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: DHIL's dividend (12.42%) is in the top 25% of dividend payers in the US market (3.48%)
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: With its low payout ratio (13.5%), DHIL's dividend payments are thoroughly 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?
7.0yrs
Average management tenure
CEO
Heather Brilliant (44 yo)
2.33yrs
Tenure
US$2,046,174
Compensation
Ms. Heather Elizabeth Brilliant, CFA, has been President, CEO & Director at Diamond Hill Investment Group, Inc. since September 3, 2019. She is Chief Executive Officer and President at Diamond Hill Capital...
CEO Compensation Analysis
Compensation vs Market: Heather's total compensation ($USD2.05M) is about average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Heather's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: DHIL's management team is seasoned and experienced (7 years average tenure).
Board Members
Experienced Board: DHIL's board of directors are not considered experienced ( 2.9 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: Insufficient data to determine if 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 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
- Implied Market Cap: US$587.493m
- Shares outstanding: 3.17m
- 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
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 23:36 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/09/30 |
| 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.