DDH1 LIMITED (DDH)
Share Price Analysis and Chart

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DDH - DDH1 LIMITED

FNArena Sector : Mining Sector Contracting
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.55
Index: ALL-ORDS

DDH1 Limited is a mineral drilling company specialising in deep hole directional drilling services across Australia. Founded in 2006, the company listed on the ASX in March 2021.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.825

08 Jun
2023

0.015

OPEN

$0.81

1.85%

HIGH

$0.83

436,211

LOW

$0.80

TARGET
$1.125 36.4% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ALQ . ANG . BLY . C79 . CDA . CDD . DCG . DOW . EHL . GNG . IMD . IPG . IPL . LBL . LYL . MAD . MAH . MIN . MLG . MND . MSV . MYE . NWH . ORI . PRN . RAN . RCR . RDG . RUL . SRG . SVW . SXE . XRF .
FNARENA'S MARKET CONSENSUS FORECASTS
DDH: 1
Title FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx 9.6 13.4 xxx
DPS (cps) xxx 5.2 5.9 xxx
EPS Growth xxx - 45.0% 39.8% xxx
DPS Growth xxx 100.0% 13.4% xxx
PE Ratio xxx N/A 6.2 xxx
Dividend Yield xxx N/A 7.0% xxx
Div Pay Ratio(%) xxx 54.0% 43.8% xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 6.22

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 20/03 - ex-div 3.33c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 2019202020212022
EPS Basic xxxxxxxxx9.6
DPS All xxxxxxxxx5.2
Sales/Revenue xxxxxxxxx415.4 M
Book Value Per Share xxxxxxxxx82.4
Net Operating Cash Flow xxxxxxxxx84.1 M
Net Profit Margin xxxxxxxxx8.63 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 2019202020212022
Return on Capital Employed xxxxxxxxx12.46 %
Return on Invested Capital xxxxxxxxx11.44 %
Return on Assets xxxxxxxxx8.96 %
Return on Equity xxxxxxxxx12.46 %
Return on Total Capital xxxxxxxxx17.16 %
Free Cash Flow ex dividends xxxxxxxxx1.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 2019202020212022
Short-Term Debt xxxxxxxxx4 M
Long Term Debt xxxxxxxxx45 M
Total Debt xxxxxxxxx49 M
Goodwill - Gross xxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxx18 M
Price To Book Value xxxxxxxxx0.78

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 2019202020212022
Capex xxxxxxxxx65.6 M
Capex % of Sales xxxxxxxxx15.79 %
Cost of Goods Sold xxxxxxxxx279 M
Selling, General & Admin. Exp & Other xxxxxxxxx82 M
Research & Development xxxxxxxxx-
Investments - Total xxxxxxxxx3 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Macquarie

01/03/2023

1

Outperform

$1.05

27.27%

First half results from DDH1 were pre-released. In the update the company indicated adverse weather had affected the business in January and February, delaying regulatory approvals and drilling programs.

Activity is expected to improve through the second half. The main downside risk, Macquarie assesses is a material slump in commodity prices that reduces demand for drilling services. Outperform maintained. Target is reduced to $1.05 from $1.15.

FORECAST
Macquarie forecasts a full year FY23 dividend of 5.80 cents and EPS of 14.60 cents.
Macquarie forecasts a full year FY24 dividend of 6.70 cents and EPS of 16.70 cents.
Access Stockbroker Research History >

DDH STOCK CHART

FNArena News on DDH

1
Australian Broker Call *Extra* Edition – May 23, 2023

May 23 2023 - Daily Market Reports
2
Rudi’s Comprehensive February 2023 Review

Mar 23 2023 - Feature Stories
3
Australian Broker Call *Extra* Edition – Mar 15, 2023

Mar 15 2023 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Mar 10, 2023

Mar 10 2023 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Feb 17, 2023

Feb 17 2023 - Daily Market Reports

Latest Mining Sector Contracting News

1
Gold & Copper Add Confidence To DDH1’s Future

Feb 08 2023 - Small Caps
2
Mader Group Targets US Growth

Dec 22 2022 - Small Caps
3
Perenti Pleases with Guidance Upgrade

Dec 22 2022 - Small Caps
4
The Evolution of Imdex

Sep 15 2022 - Small Caps
5
Treasure Chest: Mining Services Undervalued

May 18 2022 - Treasure Chest
6
DDH1 On The Expansion Trail

Sep 10 2021 - Small Caps
7
New Work The Catalyst For Monadelphous

Aug 27 2021 - Australia
8
Labour Pressures Weigh On NRW Holdings

Aug 24 2021 - Australia
9
Finding Winners In Mining Services

Aug 18 2021 - Weekly Reports
10
Contractors: The Best & Worst Of Times

Jun 17 2021 - Australia