Domino's Pizza Enterprises Limited (DMP)
Views and News
Essentials
Half-year Performance & Estimates - DMP
| Year-end June | 1H12A | FY12A | 1H13A | FY13A | 1H14A | FY14E | FY15E |
|---|---|---|---|---|---|---|---|
| Sales, $m | 133.5 | 186.3 | 140.9 | 209.5 | 265.4 | 587.0 | 737.0 |
| EBITDA, $m | 23.0 | 46.4 | 26.5 | 52.9 | 41.4 | 92.3 | 115.7 |
| EBIT, $m | 18.1 | 36.4 | 20.6 | 40.1 | 31.7 | 72.6 | 93.4 |
| Report NPAT, $m | 12.6 | 27.0 | 14.6 | 28.7 | 21.4 | ||
| Adj. NPAT, $m | 21.4 | 45.3 | 56.3 | ||||
| Reported EPS, ¢ | 18.00 | 38.00 | 21.00 | 41.00 | 25.00 | ||
| Adjusted EPS, ¢ | 25.00 | 53.00 | 65.15 | ||||
| EPS %FY/Growth | 47% | 51% | 8% | 19% | 29% | 23% | |
| Dividend, ¢ | 13.0 | 27.1 | 15.5 | 30.9 | 17.7 | 37.00 | 45.00 |
| Franking, % | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| EBITDA Margin | 13% | 25% | 19% | 25% | 16% | 15.7% | 15.7% |
| NPAT Margin | 8% | 14% | 10% | 14% | 8% | 7.7% | 7.6% |
| ROE, % | 11% | 23% | 13% | 28% | 8% | ||
| EBIT/Interest | 55.9 | -27.2 | 65.2 | -57.5 | 28.02 | ||
| Net Debt / Equity | -0.18 | -0.22 | -0.08 | 0.20 | 0.40 | ||
| CashFlow/Sh, ¢ | 21.4 | 54.4 | 18.4 | 47.3 | 40.8 | 80.9 | 99.0 |
| Y/E Shares, m | 69.2 | 70.0 | 70.2 | 70.2 | 85.9 |
| Notes |
| Data sourced from IRESS Market Technology Limited. EPS Growth compared with the pcp is shown in most columns except the first half years which show their percentage of full year EPS. In a handful of cases, unadjusted share splits, or changes between positive and negative values, may give strange changes in ratios. |
Recent News Highlights
As at 31/12/2012 : see details at www.dominos.com.au
| 21/06/2013 Joins the S&P/ASX 200 Index |
| 07/11/2012 2012 AGM, Presentation & Notes |
| 08/10/2012 Annual Report 2012, & Commentary |
| 26/09/2012 Announcement Regarding AGM & Proposed Capital Return |
| 14/08/2012 FY12 Full Year Results to 31 July 2012, Report & Presentation |
| 14/02/2012 1H12 - Half Year Results & Presentation |
Russell Research in the media
Stock Picks for The Bull.com.au - 24 June 2013
HOLD - Domino's Pizza Enterprises Limited (DMP)
Domino's displays innovation and high product standards. A leader in mobile and online delivery, it's built a large base of outlets. Experience in Australia and New Zealand is deployed across Europe. Joining the S&P/ASX 300 Index in March, it is now in the 200 Index. Earnings growth at 20% and net cash underpins the P/E and a 3% franked FY14 yield. Add to positions.
Stock Picks for Sunday Herald Sun – 24 February 2013
HOLD Domino's Pizza Enterprises, DMP, $10.80
Domino's has proven its popularity and its model. Last half saw 16 per cent earnings growth. New stores are to roll out still faster, particularly in Europe.
Stock Picks for The Bull.com.au - 20 August 2012
HOLD Domino’s Pizza Enterprises, DMP ($9.70)
Full year 2012 saw 24 per cent earnings per share and dividend growth, a 31 per cent return on capital, same store sales up 6.5 per cent and an increasing cash surplus continuing an 11-year trend. Expect record store openings next year and online sales above 50 per cent.
Company Overview
Profile
Domino's Pizza Enterprises
Rating: ♣
Category: Potent Stock ; Large
Action:
Website: www.dominos.com.au
| ASX code: | DMP |
| Closing Price, 20/06/14: | $ 20.790 |
| Market Capitalisation: | $ 1,787 million |
| 52 Week High: | $ 22.32 |
| 52 Week Low: | $ 10.37 |
| Sector: | Restaurants |
| Index: | S&P/ASX 300 Index |
Summary of Fundamentals
| Year-end June | FY12A | FY13A | FY14E | FY15E |
|---|---|---|---|---|
| NPAT, $m | 27.0 | 28.7 | 45.3 | 56.3 |
| Reported EPS, ¢ | 38.00 | 41.00 | ||
| Adjusted EPS, ¢ | 30.40 | 53.00 | 65.15 | |
| EPS Growth, % | 23% | -20% | 74% | 23% |
| P/E Ratio, x | 54.71 | 68.39 | 39.23 | 31.91 |
| Dividend, ¢ | 27.1 | 30.9 | 37.00 | 45.00 |
| Franking, % | 100% | 100% | 100% | 100% |
| Div. Yield, % | 1.30 | 1.49 | 1.78 | 2.16 |
Notes
| Our Adjusted EPS is used for the last year and forward estimates and as basis for EPS Growth and P/E Ratio. We currently use Reported data for all historic NPAT, for the prior year EPS and as base for last year EPS growth. |
| Data & Chart sourced from IRESS Market Technology Ltd. |
One Year Chart
As at 23 June 2014
Other Highlights
| Sector: | Restaurants |
| Return on Equity, FY13 : | 28% |
| Net Debt to Equity, FY13 : | 20 % |
| EBIT / Interest Cover, FY13 : | -57.49 x |
| Gicscode: | 25301040 |
| First Listed: | 16-May-05 |
Business Activities
Domino's Pizza Enterprises Limited (DMP) holds franchises for the (US) Domino's Pizza brand in Australia, New Zealand, France and Belgium, the Netherlands and Monaco. It is the largest pizza chain in Australia and brand franchisee worldwide.
Glossary:
| ♠ | "A Core Stock" - reliable long-term yield & growth |
| ♥ | "We like it" - a seasoned performer, growth & yield |
| ♦ | "A tough scout" - creating a potential breakthrough |
| ♣ | "A steady performer" - giving reliable yield or growth |
| Best Stocks | Portfolio of selected attractive investments |
| Potential | Stocks that may have good improvement prospects |
| Speculative | More risky usually smaller stocks with spec. upside |
| Midcaps | In RR Midcap Index, $ 70m to 1,500m market cap. |
| Large Stocks | Larger Stocks upwards of $ 1,500m market cap |