Domain Holdings Australia Ltd Ordinary Shares
DHG: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$6.10 | Ptskq | Xfmb |
Domain Fair Value Estimate Increased to AUD 3.50 Following Stronger-Than-Expected First-Half Result
We have increased our fair value estimate for narrow-moat Domain Holdings by 9% to AUD 3.50 per share following its stronger-than-expected first-half result. The fair value increase is due to higher revenue growth and profit margin expansion assumptions over the next decade, largely due to a stronger-than-expected yield, or revenue per-listing, growth from the residential division.