Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Domain Holdings Australia

ASX:DHG
Snowflake Description

Adequate balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DHG
ASX
A$1B
Market Cap
  1. Home
  2. AU
  3. Media
Company description

Domain Holdings Australia Limited operates as a real estate media and technology services company that focuses on the property market in Australia. The last earnings update was 38 days ago. More info.


Add to Portfolio Compare Print
  • Domain Holdings Australia has significant price volatility in the past 3 months.
DHG Share Price and Events
7 Day Returns
0.5%
ASX:DHG
-3.6%
AU Interactive Media and Services
0.1%
AU Market
1 Year Returns
-25.7%
ASX:DHG
-7%
AU Interactive Media and Services
-22.8%
AU Market
DHG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Domain Holdings Australia (DHG) 0.5% -42.9% -49.1% -25.7% - -
AU Interactive Media and Services -3.6% -32.5% -35.2% -7% 12.4% 33.7%
AU Market 0.1% -28.8% -30.1% -22.8% -21.7% -20.8%
1 Year Return vs Industry and Market
  • DHG underperformed the Interactive Media and Services industry which returned -7% over the past year.
  • DHG underperformed the Market in Australia which returned -22.8% over the past year.
Price Volatility
DHG
Industry
5yr Volatility vs Market

Value

 Is Domain Holdings Australia undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Domain Holdings Australia to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Domain Holdings Australia.

ASX:DHG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 10 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.1%
Perpetual Growth Rate 10-Year AU Government Bond Rate 1.1%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:DHG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 1.1%
Equity Risk Premium S&P Global 5.4%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.03
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.029 (1 + (1- 30%) (19.47%))
1.114
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.08% + (1.114 * 5.44%)
7.14%

Discounted Cash Flow Calculation for ASX:DHG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Domain Holdings Australia is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

ASX:DHG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 7.14%)
2020 37.58 Analyst x4 35.07
2021 53.40 Analyst x4 46.52
2022 71.30 Analyst x3 57.98
2023 81.20 Analyst x3 61.63
2024 102.50 Analyst x2 72.61
2025 117.46 Est @ 14.6% 77.67
2026 129.84 Est @ 10.54% 80.13
2027 139.84 Est @ 7.7% 80.55
2028 147.83 Est @ 5.72% 79.49
2029 154.23 Est @ 4.32% 77.40
Present value of next 10 years cash flows A$669.00
ASX:DHG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= A$154.23 × (1 + 1.08%) ÷ (7.14% – 1.08%)
A$2,573.38
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$2,573.38 ÷ (1 + 7.14%)10
A$1,291.43
ASX:DHG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$669.00 + A$1,291.43
A$1,960.43
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$1,960.43 / 584.62
A$3.35
ASX:DHG Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$3.35
Current discount Discount to share price of A$1.90
= -1 x (A$1.90 - A$3.35) / A$3.35
43.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Domain Holdings Australia is available for.
Intrinsic value
43%
Share price is A$1.9 vs Future cash flow value of A$3.35
Current Discount Checks
For Domain Holdings Australia to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Domain Holdings Australia's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Domain Holdings Australia's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Domain Holdings Australia's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Domain Holdings Australia's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:DHG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$0.07
ASX:DHG Share Price ** ASX (2020-03-27) in AUD A$1.9
Global Interactive Media and Services Industry PE Ratio Median Figure of 121 Publicly-Listed Interactive Media and Services Companies 20.72x
Australia Market PE Ratio Median Figure of 515 Publicly-Listed Companies 12.56x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Domain Holdings Australia.

ASX:DHG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:DHG Share Price ÷ EPS (both in AUD)

= 1.9 ÷ 0.07

28.93x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Domain Holdings Australia is overvalued based on earnings compared to the Global Interactive Media and Services industry average.
  • Domain Holdings Australia is overvalued based on earnings compared to the Australia market.
Price based on expected Growth
Does Domain Holdings Australia's expected growth come at a high price?
Raw Data
ASX:DHG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 28.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
25.5%per year
Global Interactive Media and Services Industry PEG Ratio Median Figure of 66 Publicly-Listed Interactive Media and Services Companies 1.46x
Australia Market PEG Ratio Median Figure of 338 Publicly-Listed Companies 0.98x

*Line of best fit is calculated by linear regression .

ASX:DHG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 28.93x ÷ 25.5%

1.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Domain Holdings Australia is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Domain Holdings Australia's assets?
Raw Data
ASX:DHG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$1.98
ASX:DHG Share Price * ASX (2020-03-27) in AUD A$1.9
Australia Interactive Media and Services Industry PB Ratio Median Figure of 19 Publicly-Listed Interactive Media and Services Companies 2.02x
Australia Market PB Ratio Median Figure of 1,616 Publicly-Listed Companies 1.16x
ASX:DHG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:DHG Share Price ÷ Book Value per Share (both in AUD)

= 1.9 ÷ 1.98

0.96x

* Primary Listing of Domain Holdings Australia.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Domain Holdings Australia is good value based on assets compared to the AU Interactive Media and Services industry average.
X
Value checks
We assess Domain Holdings Australia's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Interactive Media and Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. Domain Holdings Australia has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Domain Holdings Australia expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
25.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Domain Holdings Australia expected to grow at an attractive rate?
  • Domain Holdings Australia's earnings growth is expected to exceed the low risk savings rate of 1.1%.
Growth vs Market Checks
  • Domain Holdings Australia's earnings growth is expected to exceed the Australia market average.
  • Domain Holdings Australia's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:DHG Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:DHG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts 25.5%
ASX:DHG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 8.2%
Australia Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 19.2%
Australia Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 10.6%
Australia Market Earnings Growth Rate Market Cap Weighted Average 10%
Australia Market Revenue Growth Rate Market Cap Weighted Average 4.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:DHG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:DHG Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-06-30 414 128 92 2
2023-06-30 355 101 67 3
2022-06-30 340 94 59 9
2021-06-30 315 79 43 10
2020-06-30 285 61 27 10
2020-03-28
ASX:DHG Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 297 57 38
2019-09-30 315 66 -50
2019-06-30 334 76 -138
2019-03-31 345 86 -148
2018-12-30 356 97 -159
2018-09-30 321 71 -83
2018-06-24 285 46 -6
2018-03-24 234 38 2
2017-12-24 182 30 10
2017-09-24 161 47 20
2017-06-25 139 63 30

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Domain Holdings Australia's earnings are expected to grow significantly at over 20% yearly.
  • Domain Holdings Australia's revenue is expected to grow by 8.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:DHG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from Domain Holdings Australia Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:DHG Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-06-30 0.16 0.16 0.16 1.00
2023-06-30 0.12 0.14 0.09 2.00
2022-06-30 0.10 0.13 0.07 5.00
2021-06-30 0.07 0.10 0.06 6.00
2020-06-30 0.05 0.07 0.01 5.00
2020-03-28
ASX:DHG Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 0.07
2019-09-30 -0.09
2019-06-30 -0.24
2019-03-31 -0.26
2018-12-30 -0.27
2018-09-30 -0.17
2018-06-24 -0.02
2018-03-24 0.01
2017-12-24 0.06
2017-09-24 0.13
2017-06-25 0.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Domain Holdings Australia is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Domain Holdings Australia's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Domain Holdings Australia has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Domain Holdings Australia performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Domain Holdings Australia's growth in the last year to its industry (Interactive Media and Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Domain Holdings Australia's year on year earnings growth rate was positive over the past 5 years.
  • Domain Holdings Australia has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Domain Holdings Australia has become profitable in the last year making it difficult to compare the Global Interactive Media and Services industry average.
Earnings and Revenue History
Domain Holdings Australia's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Domain Holdings Australia Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:DHG Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 296.62 38.16 66.23
2019-09-30 315.21 -49.71 69.26
2019-06-30 333.81 -137.58 72.29
2019-03-31 345.12 -148.38 73.21
2018-12-30 356.39 -159.17 74.13
2018-09-30 320.93 -82.66 69.49
2018-06-24 285.46 -6.15 64.84
2018-03-24 233.69 1.91 55.08
2017-12-24 181.92 9.98 45.31
2017-09-24 160.59 20.12 28.46
2017-06-25 139.26 30.25 11.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Domain Holdings Australia has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Domain Holdings Australia used its assets less efficiently than the Global Interactive Media and Services industry average last year based on Return on Assets.
  • Unable to establish if Domain Holdings Australia improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Domain Holdings Australia's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Interactive Media and Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Domain Holdings Australia has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Domain Holdings Australia's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Domain Holdings Australia's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Domain Holdings Australia is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Domain Holdings Australia's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Domain Holdings Australia's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Domain Holdings Australia Company Filings, last reported 2 months ago.

ASX:DHG Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,161.03 162.13 14.24
2019-09-30 1,161.03 162.13 14.24
2019-06-30 1,163.52 162.54 49.32
2019-03-31 1,163.52 162.54 49.32
2018-12-30 1,155.28 187.42 66.32
2018-09-30 1,155.28 187.42 66.32
2018-06-24 1,333.45 187.32 60.83
2018-03-24 1,333.45 187.32 60.83
2017-12-24 1,378.73 164.17 24.77
2017-09-24 1,378.73 164.17 24.77
2017-06-25 109.90 0.00 58.29
  • Domain Holdings Australia's level of debt (14%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Domain Holdings Australia's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (35.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.8x coverage).
X
Financial health checks
We assess Domain Holdings Australia's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Domain Holdings Australia has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Domain Holdings Australia's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.17%
Current annual income from Domain Holdings Australia dividends. Estimated to be 3.45% next year.
If you bought A$2,000 of Domain Holdings Australia shares you are expected to receive A$63 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Domain Holdings Australia's pays a lower dividend yield than the bottom 25% of dividend payers in Australia (3.37%).
  • Domain Holdings Australia's dividend is below the markets top 25% of dividend payers in Australia (8.57%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:DHG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
Global Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 45 Stocks 0.5%
Australia Market Average Dividend Yield Market Cap Weighted Average of 373 Stocks 5.7%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.9%
Australia Bottom 25% Dividend Yield 25th Percentile 3.4%
Australia Top 25% Dividend Yield 75th Percentile 8.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:DHG Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2024-06-30 0.11 2.00
2023-06-30 0.09 3.00
2022-06-30 0.08 9.00
2021-06-30 0.06 10.00
2020-06-30 0.05 10.00
2020-03-28
ASX:DHG Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2020-02-19 0.060 2.383
2019-08-15 0.060 1.735
2019-02-15 0.040 1.373
2018-08-13 0.080 3.016
2018-02-19 0.080 2.521

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Domain Holdings Australia has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Domain Holdings Australia has only been paying a dividend for 2 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Domain Holdings Australia's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess Domain Holdings Australia's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Domain Holdings Australia afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Domain Holdings Australia has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Domain Holdings Australia's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jason Pellegrino
COMPENSATION A$2,396,633
TENURE AS CEO 1.6 years
CEO Bio

Mr. Jason Pellegrino has been the Managing Director and Chief Executive Officer at Domain Holdings Australia Ltd. since August 27, 2018. He was Managing Director Australia and New Zealand at Google from May 2016 to August 27, 2018. Mr. Jason joined Google in 2008 and held a range of leadership positions before being appointed Managing Director Australia and New Zealand. These included Managing Director of Asia-Pacific Sales Operations & Strategy; Sales Director, Australia; and Head of Sales and Operations & Strategy for Google’s Australia & New Zealand business. Prior to joining Google, Mr. Jason worked in several roles over 15 years spanning corporate strategy, mergers and acquisitions and finance at Dakota Capital Partners, LEK Consulting, PepsiCo International and KPMG. He holds a Bachelor of Commerce degree from the University of Wollongong and an MBA from London Business School.

CEO Compensation
  • Insufficient data for Jason to compare compensation growth.
  • Jason's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Domain Holdings Australia management team in years:

1.3
Average Tenure
  • The average tenure for the Domain Holdings Australia management team is less than 2 years, this suggests a new team.
Management Team

Jason Pellegrino

TITLE
MD, CEO & Director
COMPENSATION
A$2M
TENURE
1.6 yrs

Rob Doyle

TITLE
Chief Financial Officer
COMPENSATION
A$924K
TENURE
2.3 yrs

Y Kim

TITLE
Group Director of Strategy & Operations
TENURE
0.3 yrs

David Bolton

TITLE
Director of Technology
TENURE
0.2 yrs

Catriona McGregor

TITLE
Group General Counsel & Company Secretary
TENURE
2.3 yrs

Tom Ainsworth

TITLE
Chief Sales Officer

Tony Blamey

TITLE
Chief Commercial Officer

Pooyan Asgari

TITLE
Chief Data Officer

Jason Chuck

TITLE
Chief Consumer Officer
TENURE
0.9 yrs
Board of Directors Tenure

Average tenure and age of the Domain Holdings Australia board of directors in years:

2.2
Average Tenure
60.5
Average Age
  • The average tenure for the Domain Holdings Australia board of directors is less than 3 years, this suggests a new board.
Board of Directors

Nick Falloon

TITLE
Non-Executive Chairman
COMPENSATION
A$433K
AGE
62
TENURE
2.2 yrs

Jason Pellegrino

TITLE
MD, CEO & Director
COMPENSATION
A$2M
TENURE
1.6 yrs

Greg Ellis

TITLE
Independent Non-Executive Director
COMPENSATION
A$112K
AGE
57
TENURE
2.3 yrs

Geoff Kleemann

TITLE
Independent Non-Executive Director
COMPENSATION
A$153K
AGE
70
TENURE
2.3 yrs

Diana Eilert

TITLE
Independent Non-Executive Director
COMPENSATION
A$151K
AGE
59
TENURE
2.3 yrs

Lizzie Young

TITLE
Non-Executive Director
TENURE
0.1 yrs

Hugh Marks

TITLE
Non-Executive Director
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
23. Jan 20 Sell HMI Capital, LLC Company 10. Jan 20 17. Jan 20 -3,514,230 A$2.70 A$-9,469,464
14. Jan 20 Sell HMI Capital, LLC Company 22. Nov 19 09. Jan 20 -6,550,000 A$2.51 A$-16,410,588
24. Nov 19 Buy FIL Limited Company 19. Nov 19 20. Nov 19 9,045,140 A$3.56 A$31,774,610
21. Nov 19 Sell HMI Capital, LLC Company 09. Oct 19 20. Nov 19 -6,343,887 A$2.39 A$-14,395,596
10. Oct 19 Sell HMI Capital, LLC Company 23. May 19 08. Oct 19 -11,690,621 A$3.31 A$-38,724,494
10. Oct 19 Buy HMI Capital, LLC Company 10. Dec 18 29. Mar 19 5,776,818 A$2.30 A$12,649,967
09. Apr 19 Sell FIL Limited Company 21. Aug 18 05. Apr 19 -12,069,183 A$3.54 A$0
09. Apr 19 Buy FIL Limited Company 27. Aug 18 03. Apr 19 10,916,606 A$3.55 A$0
X
Management checks
We assess Domain Holdings Australia's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Domain Holdings Australia has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Here's Why We're Wary Of Buying Domain Holdings Australia Limited's (ASX:DHG) For Its Upcoming Dividend

Domain Holdings Australia's next dividend payment will be AU$0.04 per share, on the back of last year when the company paid a total of AU$0.06 to shareholders. … Domain Holdings Australia reported a loss after tax last year, which means it's paying a dividend despite being unprofitable. … Unfortunately Domain Holdings Australia has only been paying a dividend for a year or so, so there's not much of a history to draw insight from.

Simply Wall St -

Have Insiders Been Buying Domain Holdings Australia Limited (ASX:DHG) Shares?

So we'll take a look at whether insiders have been buying or selling shares in Domain Holdings Australia Limited (ASX:DHG). … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' See our latest analysis for Domain Holdings Australia The Last 12 Months Of Insider Transactions At Domain Holdings Australia Non-Executive Chairman Nicholas Falloon made the biggest insider purchase in the last 12 months. … In the last twelve months Domain Holdings Australia insiders were buying shares, but not selling.

Simply Wall St -

What Type Of Shareholder Owns Domain Holdings Australia Limited's (ASX:DHG)?

Check out our latest analysis for Domain Holdings Australia ASX:DHG Ownership Summary, June 16th 2019 What Does The Institutional Ownership Tell Us About Domain Holdings Australia? … We can see that Domain Holdings Australia does have institutional investors; and they hold 15% of the stock. … Insider Ownership Of Domain Holdings Australia The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

Estimating The Intrinsic Value Of Domain Holdings Australia Limited (ASX:DHG)

Today, we will estimate the stock's intrinsic value by taking the expected future cash flows and discounting them to today's value. … A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, and so the sum of these future cash flows is then discounted to today's value: 10-year free cash flow (FCF) forecast 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF (A$, Millions) A$51.48 A$57.00 A$67.00 A$73.64 A$95.00 A$106.63 A$116.51 A$124.87 A$132.02 A$138.22 Growth Rate Estimate Source Analyst x4 Analyst x3 Analyst x2 Analyst x2 Analyst x1 Est @ 12.24% Est @ 9.26% Est @ 7.18% Est @ 5.72% Est @ 4.7% Present Value (A$, Millions) Discounted @ 8.68% A$47.37 A$48.26 A$52.20 A$52.79 A$62.67 A$64.73 A$65.08 A$64.19 A$62.44 A$60.15 Present Value of 10-year Cash Flow (PVCF)= A$579.88m "Est" = FCF growth rate estimated by Simply Wall St After calculating the present value of future cash flows in the intial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. … In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 8.7%.

Simply Wall St -

Is Domain Holdings Australia Limited's (ASX:DHG) Balance Sheet Strong Enough To Weather A Storm?

Domain Holdings Australia Limited (ASX:DHG) is a small-cap stock with a market capitalization of AU$1.7b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

Simply Wall St -

How Much Are Domain Holdings Australia Limited (ASX:DHG) Insiders Spending On Buying Shares?

So we'll take a look at whether insiders have been buying or selling shares in Domain Holdings Australia Limited (ASX:DHG). … The Last 12 Months Of Insider Transactions At Domain Holdings Australia. … In total, Domain Holdings Australia insiders bought more than they sold over the last year

Simply Wall St -

Is Domain Holdings Australia Limited (ASX:DHG) A Smart Pick For Income Investors?

Domain Holdings Australia Limited (ASX:DHG) has begun paying dividends recently. … Let's dig deeper into whether Domain Holdings Australia should have a place in your portfolio. … Check out our latest analysis for Domain Holdings Australia

Simply Wall St -

Do Institutions Own Domain Holdings Australia Limited (ASX:DHG) Shares?

If you want to know who really controls Domain Holdings Australia Limited (ASX:DHG), then you'll have to look at the makeup of its share registry. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … With a market capitalization of AU$1.3b, Domain Holdings Australia is a decent size, so it is probably on the radar of institutional investors.

Simply Wall St -

Calculating The Intrinsic Value Of Domain Holdings Australia Limited (ASX:DHG)

How far off is Domain Holdings Australia Limited (ASX:DHG) from its intrinsic value? … by taking the expected future cash flows and discounting them to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St -

Domain Holdings Australia Limited (ASX:DHG): Time For A Financial Health Check

Investors are always looking for growth in small-cap stocks like Domain Holdings Australia Limited (ASX:DHG), with a market cap of AU$1.4b. … However, an important fact which most ignore is: how financially healthy is the business? … the current state of its operations and pathway to profitability.

Simply Wall St -

Company Info

Description

Domain Holdings Australia Limited operates as a real estate media and technology services company that focuses on the property market in Australia. It operates through three segments: Core Digital, Consumer Solutions and Other, and Print segments. The company offers residential, commercial, and rural property marketing services through its listings portals on desktop and mobile, as well as through social media and print magazines. It also provides media and lead-generation solutions for advertisers looking to promote their products and services to consumers; and creates property market content to engage consumers and support audience growth. In addition, the company offers data and technology services to real estate agencies through customer relationship management software, property data subscriptions and research, and property inspection management tools. Further, it publishes real estate newspapers and magazines; and provides other services in the property lifecycle, including home loan brokerage, insurance, residential utilities product comparison, residential and commercial utilities connection, and trade services, as well as information services for buyers, investors, sellers, renters, and agents. Domain Holdings Australia Limited serves residential and commercial real estate agencies and professionals, property developers, financial services companies, retailers, utilities companies, media, government, and consumers. The company is based in Pyrmont, Australia. Domain Holdings Australia Limited is a subsidiary of Nine Entertainment Co. Holdings Limited.

Details
Name: Domain Holdings Australia Limited
DHG
Exchange: ASX
Founded:
A$1,107,858,907
584,622,115
Website: http://shareholders.domain.com.au
Address: Domain Holdings Australia Limited
100 Harris Street,
Level 5,
Pyrmont,
New South Wales, 2009,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX DHG Ordinary Shares Australian Securities Exchange AU AUD 16. Nov 2017
DB 3DH Ordinary Shares Deutsche Boerse AG DE EUR 16. Nov 2017
CHIA DHG Ordinary Shares Chi-X Australia AU AUD 16. Nov 2017
Number of employees
Current staff
Staff numbers
730
Domain Holdings Australia employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/28 10:54
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2020/03/23
Last earnings filing: 2020/02/19
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.