DMP 0.24% $37.95 domino's pizza enterprises limited

I noticed it last night, incredible 75% gain from one year low....

  1. 817 Posts.
    lightbulb Created with Sketch. 146
    I noticed it last night, incredible 75% gain from one year low. FWD PE running above 30 now. But if you look at the expected growth rates DMP is almost double that of DPZ for next two years. DMP is around 20 PE on expected 2026 earnings. The difference in my opinion is DPZ came up with actual numbers over last 3 quarters or so, which showed steady growth and market is prepared to accept moderate growth in the future. On the hand DMP misfired over last 18 months or so and it needs to proof it’s execution capabilities again. It needs to show moderate growth beyond 2026 , not impossible targets. Actual numbers matter in judging company performance.
    I am holding on to the belief that DMP will come good as it is operating in few markets internationally which has growth potential through market share, despite flat population growth.
    when the performance has been below par only way to get confidence is through few good ones in the future. As DMP business model is not broken in my opinion, we will have to wait patiently. If DMP catches up to DPZ PE ratios some time in the future, I will be satisfied.
 
watchlist Created with Sketch. Add DMP (ASX) to my watchlist
(20min delay)
Last
$37.95
Change
-0.090(0.24%)
Mkt cap ! $3.450B
Open High Low Value Volume
$37.89 $38.22 $37.73 $6.594M 173.8K

Buyers (Bids)

No. Vol. Price($)
1 203 $37.94
 

Sellers (Offers)

Price($) Vol. No.
$37.95 1174 1
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
$38.06
  Change
-0.090 ( 0.30 %)
Open High Low Volume
$37.95 $38.17 $37.74 20763
Last updated 15.59pm 10/05/2024 ?
DMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.