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Diploma

DB:DP9
Snowflake Description

Flawless balance sheet with solid track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DP9
DB
£2B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in North America, Europe, and internationally. The last earnings update was 184 days ago. More info.


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DP9 Share Price and Events
7 Day Returns
-1.1%
DB:DP9
7%
DE Trade Distributors
0.8%
DE Market
1 Year Returns
20.4%
DB:DP9
6.9%
DE Trade Distributors
9%
DE Market
DP9 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Diploma (DP9) -1.1% 1.5% 23.1% 20.4% - -
DE Trade Distributors 7% 8.4% 16.8% 6.9% -1.2% 8.4%
DE Market 0.8% 6.3% 14.4% 9% 14.5% 21.8%
1 Year Return vs Industry and Market
  • DP9 outperformed the Trade Distributors industry which returned 6.9% over the past year.
  • DP9 outperformed the Market in Germany which returned 9% over the past year.
Price Volatility
DP9
Industry
5yr Volatility vs Market

DP9 Value

 Is Diploma 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 Diploma 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 Diploma.

DB:DP9 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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 DB:DP9
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.951 (1 + (1- 19%) (0%))
0.967
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.967 * 6.65%)
6.66%

Discounted Cash Flow Calculation for DB:DP9 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Diploma 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.

DB:DP9 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (GBP, Millions) Source Present Value
Discounted (@ 6.66%)
2020 69.26 Analyst x5 64.94
2021 79.04 Analyst x5 69.48
2022 85.81 Est @ 8.57% 70.72
2023 91.02 Est @ 6.07% 70.33
2024 94.94 Est @ 4.31% 68.78
2025 97.88 Est @ 3.09% 66.48
2026 100.06 Est @ 2.23% 63.72
2027 101.69 Est @ 1.63% 60.72
2028 102.92 Est @ 1.21% 57.62
2029 103.86 Est @ 0.91% 54.51
Present value of next 10 years cash flows £647.00
DB:DP9 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= £103.86 × (1 + 0.23%) ÷ (6.66% – 0.23%)
£1,618.82
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= £1,618.82 ÷ (1 + 6.66%)10
£849.66
DB:DP9 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= £647.00 + £849.66
£1,496.66
Equity Value per Share
(GBP)
= Total value / Shares Outstanding
= £1,496.66 / 113.18
£13.22
DB:DP9 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:DP9 represents 1.14008x of LSE:DPLM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.14008x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (GBP) x Listing Adjustment Factor
= £ 13.22 x 1.14008
€15.08
Value per share (EUR) From above. €15.08
Current discount Discount to share price of €18.80
= -1 x (€18.80 - €15.08) / €15.08
-24.7%

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

  • The current share price of Diploma is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Diploma's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Diploma's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:DP9 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in GBP £0.51
LSE:DPLM Share Price ** LSE (2019-11-13) in GBP £16.49
Germany Trade Distributors Industry PE Ratio Median Figure of 7 Publicly-Listed Trade Distributors Companies 16.14x
Germany Market PE Ratio Median Figure of 403 Publicly-Listed Companies 19.89x

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

** Primary Listing of Diploma.

DB:DP9 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= LSE:DPLM Share Price ÷ EPS (both in GBP)

= 16.49 ÷ 0.51

32.34x

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

  • Diploma is overvalued based on earnings compared to the DE Trade Distributors industry average.
  • Diploma is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Diploma's expected growth come at a high price?
Raw Data
DB:DP9 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 32.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
9.9%per year
Europe Trade Distributors Industry PEG Ratio Median Figure of 32 Publicly-Listed Trade Distributors Companies 1.82x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

DB:DP9 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 32.34x ÷ 9.9%

3.26x

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

  • Diploma is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Diploma's assets?
Raw Data
DB:DP9 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in GBP £2.60
LSE:DPLM Share Price * LSE (2019-11-13) in GBP £16.49
Germany Trade Distributors Industry PB Ratio Median Figure of 10 Publicly-Listed Trade Distributors Companies 1.19x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
DB:DP9 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= LSE:DPLM Share Price ÷ Book Value per Share (both in GBP)

= 16.49 ÷ 2.60

6.35x

* Primary Listing of Diploma.

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

  • Diploma is overvalued based on assets compared to the DE Trade Distributors industry average.
X
Value checks
We assess Diploma'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 Trade Distributors 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 Trade Distributors industry average (and greater than 0)? (1 check)
  5. Diploma has a total score of 0/6, 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.

DP9 Future Performance

 How is Diploma expected to perform in the next 1 to 3 years based on estimates from 7 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
9.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Diploma expected to grow at an attractive rate?
  • Diploma's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Diploma's earnings growth is positive but not above the Germany market average.
  • Diploma's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:DP9 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:DP9 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 9.9%
DB:DP9 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 5.3%
Germany Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 13.6%
Europe Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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
DB:DP9 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:DP9 Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-09-30 692 1
2023-09-30 672 1
2022-09-30 646 1
2021-09-30 627 99 76 7
2020-09-30 604 86 72 7
2019-11-13
2019-09-30 544 76 64 7
DB:DP9 Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-03-31 511 64 58
2018-12-31 498 64 56
2018-09-30 485 65 54
2018-06-30 477 62 52
2018-03-31 470 58 50
2017-12-31 461 59 49
2017-09-30 452 60 48
2017-06-30 436 60 46
2017-03-31 421 59 44
2016-12-31 402 59 41
2016-09-30 383 58 38
2016-06-30 366 55 37

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Diploma's earnings are expected to grow by 9.9% yearly, however this is not considered high growth (20% yearly).
  • Diploma's revenue is expected to grow by 5.3% 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
DB:DP9 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Diploma Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DP9 Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-09-30
2023-09-30
2022-09-30
2021-09-30 0.65 0.68 0.60 3.00
2020-09-30 0.62 0.64 0.59 3.00
2019-11-13
2019-09-30 0.56 0.57 0.55 4.00
DB:DP9 Past Financials Data
Date (Data in GBP Millions) EPS *
2019-03-31 0.51
2018-12-31 0.49
2018-09-30 0.48
2018-06-30 0.46
2018-03-31 0.44
2017-12-31 0.43
2017-09-30 0.42
2017-06-30 0.40
2017-03-31 0.39
2016-12-31 0.36
2016-09-30 0.34
2016-06-30 0.33

*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.
  • Diploma is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Diploma'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Diploma has a total score of 3/6, 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.

DP9 Past Performance

  How has Diploma performed over the past 5 years?

  • Diploma's last earnings update was 184 days ago.
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 Diploma's growth in the last year to its industry (Trade Distributors).
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.
  • Diploma's year on year earnings growth rate has been positive over the past 5 years.
  • Diploma's 1-year earnings growth exceeds its 5-year average (15.9% vs 10.9%)
  • Diploma's earnings growth has exceeded the DE Trade Distributors industry average in the past year (15.9% vs 8.4%).
Earnings and Revenue History
Diploma'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 Diploma Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DP9 Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 510.60 57.70 105.70
2018-12-31 497.85 55.75 102.75
2018-09-30 485.10 53.80 99.80
2018-06-30 477.30 51.80 98.05
2018-03-31 469.50 49.80 96.30
2017-12-31 460.70 48.65 94.60
2017-09-30 451.90 47.50 92.90
2017-06-30 436.35 45.70 90.25
2017-03-31 420.80 43.90 87.60
2016-12-31 401.70 41.10 84.80
2016-09-30 382.60 38.30 82.00
2016-06-30 366.15 37.40 77.80
2016-03-31 349.70 36.50 73.60
2015-12-31 341.75 36.60 70.95
2015-09-30 333.80 36.70 68.30
2015-06-30 327.10 36.85 66.45
2015-03-31 320.40 37.00 64.60
2014-12-31 313.10 36.25 63.05
2014-09-30 305.80 35.50 61.50
2014-06-30 300.10 35.15 60.85
2014-03-31 294.40 34.80 60.20
2013-12-31 289.95 34.65 59.30
2013-09-30 285.50 34.50 58.40
2013-06-30 279.15 33.35 57.10
2013-03-31 272.80 32.20 55.80
2012-12-31 266.50 31.75 54.25

*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.
  • Diploma has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Diploma used its assets more efficiently than the DE Trade Distributors industry average last year based on Return on Assets.
  • Diploma has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Diploma'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 Trade Distributors 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.
Diploma has a total score of 5/6, 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.

DP9 Health

 How is Diploma'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 Diploma's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Diploma is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Diploma's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Diploma'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.
  • High level of physical assets or inventory.
  • Diploma has no debt, it does not need to be covered by short term assets.
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 Diploma Company Filings, last reported 7 months ago.

DB:DP9 Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 297.10 0.00 22.00
2018-12-31 297.10 0.00 22.00
2018-09-30 294.30 0.00 36.00
2018-06-30 294.30 0.00 36.00
2018-03-31 264.50 2.00 19.70
2017-12-31 264.50 2.00 19.70
2017-09-30 266.80 0.00 22.30
2017-06-30 266.80 0.00 22.30
2017-03-31 250.00 8.00 22.80
2016-12-31 250.00 8.00 22.80
2016-09-30 237.80 10.00 20.60
2016-06-30 237.80 10.00 20.60
2016-03-31 211.60 40.00 22.20
2015-12-31 211.60 40.00 22.20
2015-09-30 194.80 20.00 23.00
2015-06-30 194.80 20.00 23.00
2015-03-31 190.50 33.50 18.60
2014-12-31 190.50 33.50 18.60
2014-09-30 187.30 0.00 21.30
2014-06-30 187.30 0.00 21.30
2014-03-31 173.40 5.00 13.00
2013-12-31 173.40 5.00 13.00
2013-09-30 178.30 0.00 19.30
2013-06-30 178.30 0.00 19.30
2013-03-31 179.40 7.00 14.30
2012-12-31 179.40 7.00 14.30
  • Diploma has no debt.
  • Diploma has no debt compared to 5 years ago when it was 2.8%.
  • Diploma has no debt, it does not need to be covered by operating cash flow.
  • Diploma has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Diploma'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. Diploma has a total score of 6/6, 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.

DP9 Dividends

 What is Diploma'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
1.55%
Current annual income from Diploma dividends. Estimated to be 1.96% next year.
If you bought €2,000 of Diploma shares you are expected to receive €31 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?
  • Diploma's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.39%).
  • Diploma's dividend is below the markets top 25% of dividend payers in Germany (3.64%).
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
DB:DP9 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 7 Analyst Estimates (S&P Global) See Below
Germany Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

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

DB:DP9 Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts
2024-09-30
2023-09-30
2022-09-30 0.33 1.00
2021-09-30 0.33 9.00
2020-09-30 0.32 9.00
2019-11-13
2019-09-30 0.29 9.00
DB:DP9 Past Annualized Dividends Data
Date (Data in £) Dividend per share (annual) Avg. Yield (%)
2018-11-19 0.255 1.756
2018-05-14 0.237 1.800
2017-12-08 0.230 1.989
2017-11-20 0.230 1.987
2016-11-21 0.200 1.884
2015-11-30 0.182 2.324
2015-11-16 0.182 2.606
2015-05-11 0.174 2.414
2015-01-22 0.170 2.131
2013-11-18 0.157 2.281
2013-05-13 0.152 2.496
2012-12-11 0.144 2.546
2012-11-19 0.144 2.979
2011-12-09 0.120 2.841
2011-11-21 0.120 3.727
2010-12-06 0.090 2.826
2009-11-16 0.078 3.615
2008-11-17 0.075 5.842

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

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Diploma's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).
X
Income/ dividend checks
We assess Diploma's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Diploma afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Diploma has a total score of 5/6, see the detailed checks below.


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

DP9 Management

 What is the CEO of Diploma'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
Johnny Thomson
AGE 47
TENURE AS CEO 0.8 years
CEO Bio

Mr. Jonathan Thomson, also known as Johnny, has been Chief Executive Officer at Diploma PLC since February 25, 2019. He served as Group Finance Director at Compass Group International B.V. until April 2019. Mr. Thomson was Group Finance Director and Executive Director of Compass Group PLC since December 1, 2015 until December 31, 2018. He served as Chief Financial Officer of LivingWell Health Clubs and was its Finance Director since October 2005. He served as Regional Managing Director of Latin America, comprising Argentina, Brazil, Chile, Colombia and Mexico of Compass Group PLC from February 1, 2014 to December 1, 2015. He joined Compass Group in April 2009 as Finance Director for Brazilian business and served as its Chief Executive Officer for the Brazilian business since October 2012. He served as Vice President Finance for the UK and Ireland Division of Hilton Hotels. Mr. Thomson served as Senior Manager of PriceWaterhouseCoopers. During his career at PriceWaterhouseCoopers, he specialized in corporate mergers and acquisition advice, particularly in the consumer and retail markets of the FTSE 100. He has built relationships with and provided financial services to organizations such as Diageo, SABMiller, Unilever, Sainsbury’s and The Rank Group. He also worked for two years in Brazil, based in Sao Paulo, where he provided financial advisory services in a volatile economic market to a number of leading global consumer organizations, such as Unilever, as well as assisting local companies to access international markets. He spent a year working in Hong Kong, he joined the global audit, accounting and financial services organization PriceWaterhouseCoopers. He is an Associate of the Institute of Chartered Accountants in England and Wales. He educated in Scotland, graduating from Glasgow University in 1995 with an MA (Hons) in English and Politics.

CEO Compensation
  • Insufficient data for Johnny to compare compensation growth.
  • Insufficient data for Johnny to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure of the Diploma management team in years:

1.1
Average Tenure
  • The average tenure for the Diploma management team is less than 2 years, this suggests a new team.
Management Team

Nigel Lingwood

TITLE
Group Finance Director & Executive Director
COMPENSATION
£2M
AGE
60
TENURE
18.3 yrs

Johnny Thomson

TITLE
CEO & Director
AGE
47
TENURE
0.8 yrs

Anthony Gallagher

TITLE
Group Company Secretary
TENURE
7.2 yrs

Neil Yazdani

TITLE
Group Financial Controller
TENURE
0.8 yrs

Stuart Bell

TITLE
Finance Director of International Seals
TENURE
1.1 yrs
Board of Directors Tenure

Average tenure and age of the Diploma board of directors in years:

4.8
Average Tenure
59.5
Average Age
  • The tenure for the Diploma board of directors is about average.
Board of Directors

John Nicholas

TITLE
Non-Executive Chairman
COMPENSATION
£299K
AGE
62
TENURE
4.8 yrs

Nigel Lingwood

TITLE
Group Finance Director & Executive Director
COMPENSATION
£2M
AGE
60
TENURE
18.4 yrs

Johnny Thomson

TITLE
CEO & Director
AGE
47
TENURE
0.8 yrs

Andy Smith

TITLE
Independent Non-Executive Director
COMPENSATION
£55K
AGE
58
TENURE
4.8 yrs

Anne Thorburn

TITLE
Independent Non-Executive Director
COMPENSATION
£55K
AGE
59
TENURE
4.2 yrs

Charles Packshaw

TITLE
Senior Independent Non-Executive Director
COMPENSATION
£55K
AGE
67
TENURE
4.8 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 (€) Value (€)
26. Feb 19 Buy Jonathan Thomson Individual 25. Feb 19 25. Feb 19 22,000 €15.54 €341,857
X
Management checks
We assess Diploma'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. Diploma 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.

DP9 News

Simply Wall St News

DP9 Company Info

Description

Diploma PLC, together with its subsidiaries, supplies specialized technical products and services in North America, Europe, and internationally. It operates through three business sectors: Life Sciences, Seals, and Controls. The Life Sciences sector supplies consumables and instruments for the diagnostic testing of blood, tissue, and other samples in hospital pathology and life sciences laboratories; electrosurgery and minimally invasive surgery equipment and consumables for use in hospital operating rooms; and surgical medical devices, and related consumables and services to GI endoscopy suites in hospitals and private clinics. It also provides containment enclosures for potent powder handling; and equipment and services for the monitoring and control of environmental emissions, as well as a range of gas detection devices. The Seals sector supplies a range of seals, gaskets, filters, cylinders, components, and kits used in heavy mobile machinery and specialized industrial equipment; and sealing products, and custom moulded and machined parts to manufacturers of specialized industrial equipment. The Controls sector offers electrical wiring, protective sleeving, connectors and harnessing products, aerospace-quality fasteners, seals, customized assemblies, kits, and cable accessories for technical applications in aerospace, defense, motorsport, energy, medical, rail, and industrial industries; flexible braided products for screening, earthing and lightning protection, power shunt connectors, multi-core cables, cable markers, sleeving and trunking, and specialty fasteners; and fluid controllers, compressors, valves, temperature and pressure measurement devices, and specialized vending and liquid dispensing components for food retailing and transportation, catering equipment, vending machines, coffee brewing, pure water, and water cooling systems in the food and beverage industry. Diploma PLC was incorporated in 1931 and is based in London, the United Kingdom.

Details
Name: Diploma PLC
DP9
Exchange: DB
Founded: 1931
£2,178,616,907
113,177,910
Website: http://www.diplomaplc.com
Address: Diploma PLC
12 Charterhouse Square,
London,
Greater London, EC1M 6AX,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
LSE DPLM Ordinary Shares London Stock Exchange GB GBP 02. Jan 1992
DB DP9 Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
BATS-CHIXE DPLML Ordinary Shares BATS 'Chi-X Europe' GB GBP 02. Jan 1992
Number of employees
Current staff
Staff numbers
1,800
Diploma employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/13 21:53
End of day share price update: 2019/11/13 00:00
Last estimates confirmation: 2019/10/16
Last earnings filing: 2019/05/13
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/09/30


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.