Diamond Hill Investment Stock Piotroski F Score

DHIL Stock  USD 155.60  4.04  2.53%   
This module uses fundamental data of Diamond Hill to approximate its Piotroski F score. Diamond Hill F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Diamond Hill Investment. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Diamond Hill financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Diamond Hill Altman Z Score, Diamond Hill Correlation, Diamond Hill Valuation, as well as analyze Diamond Hill Alpha and Beta and Diamond Hill Hype Analysis.
  
Net Debt is expected to rise to about (44.6 M) this year. The value of Short and Long Term Debt Total is expected to slide to about 148.2 K. At this time, Diamond Hill's Average Payables is quite stable compared to the past year. PB Ratio is expected to rise to 4.44 this year, although the value of Free Cash Flow Yield will most likely fall to 0.04.
At this time, it appears that Diamond Hill's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Healthy
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Diamond Hill Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Diamond Hill is to make sure Diamond is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Diamond Hill's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Diamond Hill's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.110.1819
Way Down
Slightly volatile
Gross Profit Margin0.420.4178
Slightly Up
Very volatile
Total Current Liabilities33.9 M35.7 M
Notably Down
Slightly volatile
Non Current Liabilities Total34.4 M36.2 M
Notably Down
Slightly volatile
Total Assets243.7 M232.1 M
Sufficiently Up
Slightly volatile
Total Current Assets66.7 M70.2 M
Notably Down
Slightly volatile
Total Cash From Operating Activities22.5 M34.7 M
Way Down
Slightly volatile

Diamond Hill Investment F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Diamond Hill's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Diamond Hill in a much-optimized way.

About Diamond Hill Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

57.09

At this time, Diamond Hill's Book Value Per Share is quite stable compared to the past year.

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.
201920202021202220232024 (projected)
Market Cap482.7M479.8M617.6M575.0M488.3M246.7M
Enterprise Value392.6M383.9M539.0M513.2M441.4M463.5M

Diamond Hill ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Diamond Hill's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Diamond Hill's managers, analysts, and investors.
Environmental
Governance
Social

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.

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When determining whether Diamond Hill Investment is a strong investment it is important to analyze Diamond Hill's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamond Hill's future performance. For an informed investment choice regarding Diamond Stock, refer to the following important reports:
Is Asset Management & Custody Banks space 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
1.431
Dividend Share
6
Earnings Share
17.6
Revenue Per Share
52.138
Quarterly Revenue Growth
0.097
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.