NasdaqGS:DHIL

Stock Analysis Report

Executive Summary

Diamond Hill Investment Group, Inc., together with its subsidiaries, provides investment advisory and fund administration services in the United States.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.

Risks

  • Diamond Hill Investment Group is not covered by any analysts.

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


Market Performance


7 Day Return

-5.8%

NasdaqGS:DHIL

0.5%

US Capital Markets

0.2%

US Market


1 Year Return

-31.7%

NasdaqGS:DHIL

-6.1%

US Capital Markets

-0.7%

US Market

DHIL underperformed the Capital Markets industry which returned -5.5% over the past year.

DHIL underperformed the Market in United States of America which returned 0.3% over the past year.


Share holder returns

DHILIndustryMarket
7 Day-5.8%0.5%0.2%
30 Day-9.0%-4.6%-2.7%
90 Day-13.0%0.5%1.6%
1 Year-28.5%-31.7%-3.9%-6.1%1.6%-0.7%
3 Year-25.7%-33.4%51.3%42.6%40.0%30.9%
5 Year15.3%-1.8%68.4%52.8%53.8%36.8%

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

Valuation

Is Diamond Hill Investment Group 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

Diamond Hill Investment Group's share price is below the future cash flow value, and at a moderate discount (> 20%).

Diamond Hill Investment Group's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Diamond Hill Investment Group is good value based on earnings compared to the US Capital Markets industry average.

Diamond Hill Investment Group 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 Diamond Hill Investment Group, we can't assess if its growth is good value.


Price Based on Value of Assets

Diamond Hill Investment Group is good value based on assets compared to the US Capital Markets industry average.


Next Steps

Future Growth

How is Diamond Hill Investment Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Diamond Hill Investment Group is high growth as no revenue estimate data is available.

Diamond Hill Investment Group's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Diamond Hill Investment Group's revenue growth to the United States of America market average as no estimate data is available.

Diamond Hill Investment Group's earnings growth is expected to exceed the United States of America market average.

Diamond Hill Investment Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Diamond Hill Investment Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Diamond Hill Investment Group performed over the past 5 years?

12.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Diamond Hill Investment Group's year on year earnings growth rate has been positive over the past 5 years.

Diamond Hill Investment Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Diamond Hill Investment Group's 1-year earnings growth is negative, it can't be compared to the US Capital Markets industry average.


Return on Equity

Diamond Hill Investment Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Diamond Hill Investment Group used its assets more efficiently than the US Capital Markets industry average last year based on Return on Assets.


Return on Capital Employed

Diamond Hill Investment Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Diamond Hill Investment Group's financial position?


Financial Position Analysis

Diamond Hill Investment Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Diamond Hill Investment Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Diamond Hill Investment Group has no debt.

Diamond Hill Investment Group has not taken on any debt in the past 5 years.

Diamond Hill Investment Group has no debt, it does not need to be covered by operating cash flow.

Diamond Hill Investment Group has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Diamond Hill Investment Group has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Diamond Hill Investment Group's current dividend yield, its reliability and sustainability?

6.29%

Current Dividend Yield


Dividend Yield and Payments Analysis

Diamond Hill Investment Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.48%).

Diamond Hill Investment Group's dividend is above the markets top 25% of dividend payers in United States of America (3.83%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Diamond Hill Investment Group 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 Diamond Hill Investment Group's salary, the management and board of directors tenure and is there insider trading?

4.6yrs

Average management tenure


CEO

Chris Bingaman (53yo)

3.6yrs

Tenure

US$4,397,593

Compensation

Mr. Christopher M. Bingaman, also known as Chris, CFA, has been the Chief Executive Officer at Diamond Hill Capital Management, Inc. since January 1, 2016, its President since January 1, 2015 and serves as ...


CEO Compensation Analysis

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

Chris's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.


Management Age and Tenure

4.6yrs

Average Tenure

52.5yo

Average Age

The tenure for the Diamond Hill Investment Group management team is about average.


Board Age and Tenure

0.5yrs

Average Tenure

61yo

Average Age

The average tenure for the Diamond Hill Investment Group 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$418,04016 Jan 19
Roderick Dillon
EntityIndividual
Shares2,600
Max PriceUS$160.85

Ownership Breakdown


Management Team

  • Chuck Bath (64yo)

    Managing Director of Equities - Diamond Hill Capital Management Inc

    • Tenure: 16.9yrs
  • Gary Young (49yo)

    MD of Administration

    • Tenure: 0.0yrs
  • Chris Bingaman (53yo)

    President

    • Tenure: 3.6yrs
    • Compensation: US$4.40m
  • Chris Welch

    Co-Chief Investment Officer & Portfolio Manager

    • Tenure: 9.2yrs
  • Tom Line (52yo)

    CFO & Treasurer

    • Tenure: 4.6yrs
    • Compensation: US$516.23k
  • Austin Hawley

    Co-Chief Investment Officer & Portfolio Manager

    • Tenure: 4.6yrs
  • Frances Skinner (54yo)

    Chief Administrative Officer of Investments

    • Tenure: 1.3yrs
  • Susan Stuart

    Head of Communications

    • Tenure: 0.0yrs
  • Jeff Cook (38yo)

    Controller

    • Tenure: 0.0yrs
  • Jill Williams

    Director of Human Resources

    • Tenure: 5.6yrs

Board Members

  • Bradley Shoup (61yo)

    Independent Director

    • Tenure: 7.3yrs
  • Jim Laird (62yo)

    Chairman of the Board & Lead Independent Director

    • Tenure: 0.3yrs
  • Chris Bingaman (53yo)

    President

    • Tenure: 3.6yrs
    • Compensation: US$4.40m
  • Paul Reeder (57yo)

    Independent Director

    • Tenure: 4.3yrs
  • Randy Fortener (65yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: US$694.80k
  • Paula Meyer (64yo)

    Independent Director

    • Tenure: 0.5yrs
  • Nicole St. Pierre (46yo)

    Independent Director

    • Tenure: 0.5yrs

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$408.099m
  • Shares outstanding: 3.21m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DHILNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 23:40
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
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.