It is question of investor trust at the moment. DPZ has performed better than market expectations over last few reporting seasons. DMP on the other hand didn’t achieve investor expectations or their own management expectations. But the turn around is around the corner in my opinion as well as many analysts. DMP much difficult business to forecast as they operate in many foreign markets whereas DPZ is North America only.
ANZ, Germany,Singapore are doing very well and Taiwan and Netherlands okay. Last presentation Don said Japan has produced good results for 7 weeks of 2024. Just achieving the restructuring savings of $35M of DMP share alone will push 2025 EPS to $1.80 to 2.0 range.
Once the investor confidence returns DMP will get the same PE ratio as DPZ or any other fast food business of 28 to 30 on forward earnings and start moving up. At least this is my belief in holding DMP shares at this valuation.
It is question of investor trust at the moment. DPZ has...
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Last
$39.11 |
Change
0.060(0.15%) |
Mkt cap ! $3.556B | |||
| Open | High | Low | Value | Volume |
| $39.09 | $39.45 | $38.76 | $8.004M | 204.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 275 | $39.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.13 | 12 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$39.04 |
Change
0.060 ( 0.15 %) |
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| Open | High | Low | Volume | ||
| $39.05 | $39.45 | $38.76 | 46618 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| DMP (ASX) Chart |