DOMAIN HOLDINGS AUSTRALIA LIMITED (DHG)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

DHG - DOMAIN HOLDINGS AUSTRALIA LIMITED

FNArena Sector : Real Estate
Year End: June
GICS Industry Group : Software & Services
Debt/EBITDA: 1.46
Index: ASX300 | ALL-ORDS | ALL-TECH

Domain Holdings Australia operates Australia's second largest online real estate portal. Originally part of the Fairfax Media group, it was de-merged and listed in 2017, with Fairfax, now Nine Entertainment, retaining a majority share.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.85

22 Nov
2024

0.020

OPEN

$2.85

0.71%

HIGH

$2.85

287,642

LOW

$2.82

TARGET
$3.217 12.9% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
APZ . DGH . HMC . PXA . REA . RMY . UBN .
FNARENA'S MARKET CONSENSUS FORECASTS
DHG: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 6.7 8.7 xxx
DPS (cps) xxx 6.0 5.9 xxx
EPS Growth xxx 62.3% 29.5% xxx
DPS Growth xxx 0.0% - 2.5% xxx
PE Ratio xxx N/A 32.8 xxx
Dividend Yield xxx N/A 2.1% xxx
Div Pay Ratio(%) xxx 89.3% 67.2% xxx

Dividend yield today if purchased 3 years ago: 1.11%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.11

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 22/08 - ex-div 4c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx6.7
DPS All xxxxxxxxxxxxxxx6.0
Sales/Revenue xxxxxxxxxxxxxxx390.9 M
Book Value Per Share xxxxxxxxxxxxxxx174.4
Net Operating Cash Flow xxxxxxxxxxxxxxx117.4 M
Net Profit Margin xxxxxxxxxxxxxxx11.11 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx3.96 %
Return on Invested Capital xxxxxxxxxxxxxxx3.31 %
Return on Assets xxxxxxxxxxxxxxx2.92 %
Return on Equity xxxxxxxxxxxxxxx3.96 %
Return on Total Capital xxxxxxxxxxxxxxx6.98 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx42.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx4 M
Long Term Debt xxxxxxxxxxxxxxx196 M
Total Debt xxxxxxxxxxxxxxx200 M
Goodwill - Gross xxxxxxxxxxxxxxx1,405 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx34 M
Price To Book Value xxxxxxxxxxxxxxx1.75

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx37.1 M
Capex % of Sales xxxxxxxxxxxxxxx9.50 %
Cost of Goods Sold xxxxxxxxxxxxxxx208 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx90 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

19/08/2024

3

Neutral

$3.20

12.28%

FY24 earnings (EBITDA) of $137m for Domain Holdings Australia were in line with forecasts by Macquarie and consensus. Flat margin guidance is considered a positive, reflecting optimism for depth revenues.

While opex guidance was higher-than-expected by consensus, this reflects an element of reinvestment across the platform and marketing, points out the analyst.

The broker's target falls to $3.20 from $3.30 reflecting a lower earnings forecast in FY25, partly offset by higher earnings in FY26. Neutral.

FORECAST
Macquarie forecasts a full year FY25 dividend of 5.70 cents and EPS of 8.10 cents.
Macquarie forecasts a full year FY26 dividend of 6.80 cents and EPS of 9.70 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Goldman Sachs

12/11/2024

3

Neutral

$3.20

12.28%

Goldman Sachs maintains a Neutral rating on Domain Holdings Australia, noting a mixed performance in 1Q25 with listings growth meeting expectations at 8%, though controllable yield was softer at 6% due to depth downgrades.

Year-on-year, depth penetration remains strong, with cost guidance retained at 8%, supporting mid-term pricing strategies and depth growth, suggest the analysts.

Challenges persist in the Developer segment amid high construction costs, impacting project approvals and contributing to the broker's weaker yield assumptions.

Goldman Sachs adjusts FY25-27 earnings (EBITDA) forecasts by -1% and lowers the target price to $3.20 from $3.40.

The broker retains a Neutral rating, citing balanced risk-reward despite valuation discounts to peer REA Group ((REA)).

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 5.00 cents and EPS of 9.00 cents.
Goldman Sachs forecasts a full year FY26 dividend of 6.00 cents and EPS of 10.00 cents.
Access Extra Coverage Research History >

DHG STOCK CHART

FNArena News on DHG

1
Rudi’s View: The Importance Of ‘Quality’ Growth

Nov 21 2024 - Rudi's View
2
In Case You Missed It – BC Extra Upgrades & Downgrades – 15-11-24

Nov 15 2024 - Weekly Reports
3
Rudi’s View: A Rally With No Earnings Support

Nov 14 2024 - Rudi's View
4
Australian Broker Call *Extra* Edition – Nov 13, 2024

Nov 13 2024 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Nov 12, 2024

Nov 12 2024 - Daily Market Reports

Latest Real Estate News

1
REA Group: A Tale Of Two Cities

Aug 19 2024 - Australia
2
Weak Listings Not Insurmountable For REA Group

Feb 14 2023 - Australia
3
REA Group Heading Higher

Aug 16 2022 - Technicals
4
ESG Focus: Will Your Property Be Uninsurable By 2030?

May 05 2022 - ESG Focus
5
Can REA Group Stay The FY22 Course?

Feb 07 2022 - Australia
6
Is Valuation The Issue Now For REA Group?

Nov 08 2021 - Australia
7
REA: Wait For Lower Entry Point

Aug 17 2021 - Technicals
8
REA Group: Upside Break?

May 04 2021 - Technicals
9
REA Group Instils Confidence, Valuation Not So

Feb 08 2021 - Australia
10
Australian Broker Call *Extra* Edition – Sep 16, 2020

Sep 16 2020 - Daily Market Reports