Domain Holdings Australia Ltd Ordinary Shares
DHG: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$8.60 | Bpsjgd | Jvq |
Domain's FVE Maintained at AUD 3.00 Following Slightly Stronger-Than-Expected Result
We have maintained our fair value estimate for narrow-moat-rated Domain Holdings at AUD 3.00 per share following its fiscal 2020 financial result. Although the company reported a huge aftertax loss of AUD 228 million, this was largely due to a AUD 250 million one-off and noncash impairment of goodwill, which has no material impact on the business going forward.