Diamond Hill Investment Stock Net Income
| DHIL Stock | USD 150.83 2.43 1.64% |
Diamond Hill Investment fundamentals help investors to digest information that contributes to Diamond Hill's financial success or failures. It also enables traders to predict the movement of Diamond Stock. The fundamental analysis module provides a way to measure Diamond Hill's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Diamond Hill stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 42.2 M | 21.4 M | |
| Net Income Applicable To Common Shares | 46.5 M | 31.9 M | |
| Net Income From Continuing Ops | 46.5 M | 44.3 M | |
| Net Income Per Share | 14.32 | 15.04 | |
| Net Income Per E B T | 0.72 | 0.83 |
Diamond | Net Income |
Diamond Hill Investment Company Net Income Analysis
Diamond Hill's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Diamond Hill Net Income | 42.23 M |
Most of Diamond Hill's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Diamond Hill Investment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Diamond Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Diamond Hill is extremely important. It helps to project a fair market value of Diamond Stock properly, considering its historical fundamentals such as Net Income. Since Diamond Hill's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Diamond Hill's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Diamond Hill's interrelated accounts and indicators.
Diamond Net Income Historical Pattern
Today, most investors in Diamond Hill Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Diamond Hill's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Diamond Hill net income as a starting point in their analysis.
Diamond Hill Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Diamond Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Diamond Hill Investment reported net income of 42.23 M. This is 96.69% lower than that of the Capital Markets sector and 84.5% lower than that of the Financials industry. The net income for all United States stocks is 92.6% higher than that of the company.
Diamond Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Diamond Hill's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Diamond Hill could also be used in its relative valuation, which is a method of valuing Diamond Hill by comparing valuation metrics of similar companies.Diamond Hill is currently under evaluation in net income category among related companies.
Diamond Hill Current Valuation Drivers
We derive many important indicators used in calculating different scores of Diamond Hill from analyzing Diamond Hill's financial statements. These drivers represent accounts that assess Diamond Hill's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Diamond Hill's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 482.7M | 479.8M | 617.6M | 575.0M | 488.3M | 246.7M | |
| Enterprise Value | 392.6M | 383.9M | 539.0M | 513.2M | 442.1M | 464.2M |
Diamond Hill Institutional Holders
Institutional Holdings refers to the ownership stake in Diamond Hill that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Diamond Hill's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Diamond Hill's value.| Shares | Charles Schwab Investment Management Inc | 2023-12-31 | 42.3 K | Punch & Associates Inv Mgmt Inc | 2023-12-31 | 34.3 K | Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 33.1 K | Northern Trust Corp | 2023-12-31 | 32 K | Dean C H & Associates Inc | 2023-12-31 | 28.5 K | Aqr Capital Management Llc | 2023-12-31 | 28.3 K | Jbf Capital, Inc. | 2023-12-31 | 26.4 K | American Century Companies Inc | 2023-12-31 | 25.2 K | Bank Of New York Mellon Corp | 2023-12-31 | 25 K | Blackrock Inc | 2023-12-31 | 258.7 K | Vanguard Group Inc | 2023-12-31 | 162.4 K |
Diamond Fundamentals
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.0921 | ||||
| Profit Margin | 0.31 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 378.22 M | ||||
| Shares Outstanding | 2.82 M | ||||
| Shares Owned By Insiders | 4.68 % | ||||
| Shares Owned By Institutions | 71.07 % | ||||
| Number Of Shares Shorted | 31.76 K | ||||
| Price To Earning | 11.05 X | ||||
| Price To Book | 2.64 X | ||||
| Price To Sales | 3.11 X | ||||
| Revenue | 136.58 M | ||||
| Gross Profit | 85.1 M | ||||
| EBITDA | 52.35 M | ||||
| Net Income | 42.23 M | ||||
| Cash And Equivalents | 63.19 M | ||||
| Cash Per Share | 20.82 X | ||||
| Total Debt | 800 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 2.41 X | ||||
| Book Value Per Share | 56.79 X | ||||
| Cash Flow From Operations | 45.6 M | ||||
| Short Ratio | 1.47 X | ||||
| Earnings Per Share | 14.33 X | ||||
| Number Of Employees | 129 | ||||
| Beta | 0.92 | ||||
| Market Capitalization | 420.85 M | ||||
| Total Asset | 232.09 M | ||||
| Retained Earnings | 153.54 M | ||||
| Working Capital | 34.48 M | ||||
| Current Asset | 77.46 M | ||||
| Current Liabilities | 29.64 M | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 232.09 M | ||||
| Last Dividend Paid | 6.0 |
About Diamond Hill Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Diamond Hill Investment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Diamond Hill using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Diamond Hill Investment based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 against Diamond Stock
| 0.74 | DFS | Discover Financial Financial Report 17th of July 2024 | PairCorr |
| 0.72 | APO | Apollo Global Management Financial Report 14th of May 2024 | PairCorr |
| 0.71 | MA | Mastercard Financial Report 25th of April 2024 | PairCorr |
| 0.69 | AXP | American Express Buyout Trend | PairCorr |
| 0.66 | AMK | AssetMark Financial Financial Report 1st of May 2024 | 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 Diamond Hill Piotroski F Score and Diamond Hill Altman Z Score analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Diamond Stock analysis
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.