DMP 3.20% $35.45 domino's pizza enterprises limited

DMP, just what is happening?, page-286

  1. 1,003 Posts.
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    Share price goes up, down ,sideways...

    I think anyone worrying about the daily price movements in this current environment is only causing themselves unnecessary worry. I think a far better thing to look at (which is much more reassuring) is the historical ROE:

    22= 41%
    21= 49%
    20= 38%
    19= 42%
    18= 51

    There aren't many businesses listed on the ASX that have a better ROE than Dominos. In my portfolio I only hold LOV that has a better return on equity. DMP has a ROE higher than CSL, RMD, REA, WES, TNE etc. etc.

    Where the SP will be in 6 months or even one years time who knows, but I'm backing DMP to be materially higher in 3-5 years than where it is today.

 
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