Diamond Historical Financial Ratios
| DHIL Stock | USD 147.89 1.37 0.92% |
Diamond Hill is recently reporting on over 103 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 4.55 or Days Sales Outstanding of 55.2 will help investors to properly organize and evaluate Diamond Hill Investment financial condition quickly.
Diamond |
About Diamond Financial Ratios Analysis
Diamond Hill InvestmentFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Diamond Hill investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Diamond financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Diamond Hill history.
Diamond Hill Financial Ratios Chart
Diamond Hill Investment financial ratios usually calculated using numerical values taken directly from Diamond Hill financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Diamond Hill. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, Diamond Hill's Operating Cash Flow Per Share is quite stable compared to the past year. PB Ratio is expected to rise to 4.55 this year, although the value of Average Payables will most likely fall to about 2.6 M. Add Fundamental
Dividend Yield
Dividend Yield is Diamond Hill Investment dividend as a percentage of Diamond Hill stock price. Diamond Hill Investment dividend yield is a measure of Diamond Hill stock productivity, which can be interpreted as interest rate earned on an Diamond Hill investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Most ratios from Diamond Hill's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Diamond Hill Investment current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Diamond Hill's Operating Cash Flow Per Share is quite stable compared to the past year. PB Ratio is expected to rise to 4.55 this year, although the value of Average Payables will most likely fall to about 2.6 M.
| 2022 | 2023 | 2024 (projected) | PTB Ratio | 3.51 | 3.05 | 4.55 | Dividend Yield | 0.0534 | 0.0362 | 0.0344 |
Diamond Hill fundamentals Correlations
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Diamond Hill Account Relationship Matchups
High Positive Relationship
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Diamond Hill fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 3.53 | 3.8 | 3.39 | 3.72 | 3.57 | 3.75 | |
| Dividend Yield | 0.0535 | 0.0627 | 0.0791 | 0.0534 | 0.0362 | 0.0344 | |
| Ptb Ratio | 3.71 | 2.61 | 3.35 | 3.51 | 3.05 | 4.55 | |
| Days Sales Outstanding | 56.3 | 52.16 | 40.96 | 44.4 | 52.57 | 55.2 | |
| Book Value Per Share | 37.88 | 57.26 | 58.0 | 52.67 | 54.37 | 57.09 | |
| Operating Cash Flow Per Share | 16.58 | 18.59 | 8.28 | 12.71 | 15.46 | 16.24 | |
| Stock Based Compensation To Revenue | 0.0665 | 0.0612 | 0.0407 | 0.069 | 0.0856 | 0.0813 | |
| Capex To Depreciation | (0.61) | (2.47) | (0.86) | (0.0736) | (0.0168) | (0.0177) | |
| Pb Ratio | 3.71 | 2.61 | 3.35 | 3.51 | 3.05 | 4.55 | |
| Ev To Sales | 2.87 | 3.04 | 2.96 | 3.32 | 3.24 | 3.4 | |
| Free Cash Flow Per Share | 16.37 | 17.83 | 7.93 | 12.67 | 15.46 | 16.23 | |
| Roic | 0.0952 | 0.18 | 0.24 | 0.28 | 0.23 | 0.26 | |
| Net Income Per Share | 17.39 | 12.03 | 23.34 | 13.01 | 14.32 | 15.04 | |
| Payables Turnover | 7.64 | 7.98 | 9.39 | 7.2 | 8.28 | 8.42 | |
| Sales General And Administrative To Revenue | 0.08 | 0.0972 | 0.0871 | 0.077 | 0.0881 | 0.11 | |
| Average Inventory | (2.1M) | (1.0M) | 11.5M | 0.5 | 0.45 | 0.43 | |
| Capex To Revenue | (0.005181) | (0.0194) | (0.006065) | (6.57E-4) | (1.59E-4) | (1.51E-4) | |
| Cash Per Share | 54.47 | 30.64 | 60.32 | 20.34 | 15.94 | 12.36 | |
| Pocfratio | 8.47 | 8.03 | 23.47 | 14.56 | 10.71 | 11.24 | |
| Payout Ratio | 0.47 | 0.61 | 0.51 | 0.98 | 0.76 | 0.4 | |
| Capex To Operating Cash Flow | (0.0124) | (0.041) | (0.042) | (0.00257) | (4.76E-4) | (4.52E-4) | |
| Pfcf Ratio | 8.58 | 8.37 | 24.5 | 14.6 | 10.71 | 14.65 | |
| Days Payables Outstanding | 47.78 | 45.75 | 38.86 | 50.68 | 58.28 | 57.78 | |
| Income Quality | 0.95 | 1.57 | 0.35 | 1.07 | 1.08 | 0.85 | |
| Roe | 0.46 | 0.21 | 0.4 | 0.25 | 0.26 | 0.23 | |
| Ev To Operating Cash Flow | 6.89 | 6.42 | 20.48 | 13.0 | 9.69 | 10.18 | |
| Pe Ratio | 8.08 | 12.41 | 8.32 | 14.22 | 11.56 | 12.14 | |
| Return On Tangible Assets | 0.22 | 0.15 | 0.26 | 0.16 | (0.0192) | (0.0183) | |
| Ev To Free Cash Flow | 6.98 | 6.7 | 21.38 | 13.03 | 9.7 | 13.82 | |
| Earnings Yield | 0.0882 | 0.12 | 0.0806 | 0.0703 | 0.0865 | 0.0908 | |
| Net Debt To E B I T D A | (5.17) | (2.4) | (1.31) | (0.73) | (0.88) | (0.93) | |
| Current Ratio | 3.32 | 3.28 | 2.22 | 2.07 | 1.97 | 1.87 | |
| Tangible Book Value Per Share | 60.24 | 60.18 | 63.59 | 57.21 | 54.37 | 57.09 | |
| Receivables Turnover | 6.48 | 7.0 | 8.91 | 8.22 | 6.94 | 4.74 |
Pair Trading with Diamond Hill
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Diamond Hill position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Diamond Hill will appreciate offsetting losses from the drop in the long position's value.Moving together with Diamond Stock
| 0.63 | AC | Associated Capital | PairCorr |
Moving against Diamond Stock
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| 0.69 | TW | Tradeweb Markets Earnings Call Next Week | PairCorr |
| 0.69 | AXP | American Express Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Diamond Hill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamond Hill when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Diamond Hill - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Diamond Hill Investment to buy it.
The correlation of Diamond Hill is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Diamond Hill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamond Hill Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Diamond Hill can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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When running Diamond Hill's price analysis, check to measure Diamond Hill's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamond Hill is operating at the current time. Most of Diamond Hill's value examination focuses on studying past and present price action to predict the probability of Diamond Hill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamond Hill's price. Additionally, you may evaluate how the addition of Diamond Hill to your portfolios can decrease your overall portfolio volatility.
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Is Diamond Hill's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamond Hill. If investors know Diamond will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamond Hill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 6 | Earnings Share 14.33 | Revenue Per Share 46.366 | Quarterly Revenue Growth (0.03) |
The market value of Diamond Hill Investment is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.