Hi,
I am quite interested to understand how Dixon Homes is different from their competitors.
Main elements I have been able to find so far :
- they have no display homes,
- their staff costs seem much lower than their competitors.
According to the figures I could find, they have been stable at around 7 % of revenues for a long time*, while the industry has much a much higher ratio (around 16 % for the last figures I could find, for the period 2014-2019).
- very low level of advertising (between 0.4 % and 0.5 % for the last 2 years).
Also interesting to compare with Simonds Group in FY 23 :
- Tamawood had a higher gross margin : 17.5 % vs 16.5 % for Simonds (in FY 22 : 20.1 % vs 19.7 %),
- but the main difference is regarding the cost structure :
. staff costs /revenue : 8.9 % for Tamawood vs 11.3 % for Simonds,
. advertising / sales : 0.4 % for Tamawood vs 2.9 % for Simonds (what is classified as "marketing and selling expenses" for Simonds).
Please do not hesitate to correct and/or add on the above.
Thanks.
* some increase for this ratio in FY 22 and FY 23 to 8.5 % - 9 %, but came back to 7.4 % during Q1 24.
- Forums
- ASX - By Stock
- TWD
- Business model
Business model
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TWD (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.48 |
Change
0.030(1.22%) |
Mkt cap ! $93.42M |
Open | High | Low | Value | Volume |
$2.47 | $2.49 | $2.45 | $27.00K | 10.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 45 | $2.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.55 | 3809 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45 | 2.480 |
2 | 4776 | 2.450 |
2 | 5250 | 2.400 |
1 | 1260 | 2.380 |
1 | 1293 | 2.320 |
Price($) | Vol. | No. |
---|---|---|
2.550 | 3809 | 1 |
2.580 | 462 | 1 |
2.730 | 787 | 1 |
2.890 | 10000 | 1 |
2.900 | 90094 | 1 |
Last trade - 15.11pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
$2.48 |
  |
Change
0.030 ( 1.22 %) |
|||
Open | High | Low | Volume | ||
$2.48 | $2.48 | $2.48 | 260 | ||
Last updated 14.47pm 14/06/2024 ? |
Featured News
TWD (ASX) Chart |