DORCHESTER MINERALS LP (DMLP) Fundamental Analysis & Valuation
NASDAQ:DMLP • US25820R1059
Current stock price
28.11 USD
-0.59 (-2.06%)
At close:
28.5 USD
+0.39 (+1.39%)
After Hours:
This DMLP fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. DMLP Profitability Analysis
1.1 Basic Checks
- In the past year DMLP was profitable.
- In the past year DMLP had a positive cash flow from operations.
- DMLP had positive earnings in each of the past 5 years.
- In the past 5 years DMLP always reported a positive cash flow from operatings.
1.2 Ratios
- DMLP's Return On Assets of 17.85% is amongst the best of the industry. DMLP outperforms 94.74% of its industry peers.
- DMLP has a Return On Equity of 18.10%. This is amongst the best in the industry. DMLP outperforms 82.30% of its industry peers.
- DMLP has a better Return On Invested Capital (14.82%) than 93.30% of its industry peers.
- DMLP had an Average Return On Invested Capital over the past 3 years of 27.76%. This is above the industry average of 22.77%.
- The last Return On Invested Capital (14.82%) for DMLP is well below the 3 year average (27.76%), which needs to be investigated, but indicates that DMLP had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.85% | ||
| ROE | 18.1% | ||
| ROIC | 14.82% |
ROA(3y)33.31%
ROA(5y)43.54%
ROE(3y)34.08%
ROE(5y)44.68%
ROIC(3y)27.76%
ROIC(5y)36.3%
1.3 Margins
- DMLP has a better Profit Margin (36.15%) than 90.43% of its industry peers.
- DMLP's Profit Margin has declined in the last couple of years.
- DMLP has a Operating Margin of 37.53%. This is amongst the best in the industry. DMLP outperforms 86.12% of its industry peers.
- DMLP's Operating Margin has declined in the last couple of years.
- DMLP's Gross Margin of 89.63% is amongst the best of the industry. DMLP outperforms 94.74% of its industry peers.
- In the last couple of years the Gross Margin of DMLP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.53% | ||
| PM (TTM) | 36.15% | ||
| GM | 89.63% |
OM growth 3Y-21.12%
OM growth 5Y-4.28%
PM growth 3Y-21.18%
PM growth 5Y-4.37%
GM growth 3Y-1.03%
GM growth 5Y0.4%
2. DMLP Health Analysis
2.1 Basic Checks
- DMLP has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- The number of shares outstanding for DMLP has been increased compared to 1 year ago.
- DMLP has more shares outstanding than it did 5 years ago.
- There is no outstanding debt for DMLP. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- There is no outstanding debt for DMLP. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACC1.65
WACC8.98%
2.3 Liquidity
- DMLP has a Current Ratio of 15.54. This indicates that DMLP is financially healthy and has no problem in meeting its short term obligations.
- DMLP has a better Current ratio (15.54) than 96.65% of its industry peers.
- DMLP has a Quick Ratio of 15.54. This indicates that DMLP is financially healthy and has no problem in meeting its short term obligations.
- The Quick ratio of DMLP (15.54) is better than 96.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 15.54 | ||
| Quick Ratio | 15.54 |
3. DMLP Growth Analysis
3.1 Past
- The earnings per share for DMLP have decreased strongly by -46.73% in the last year.
- Measured over the past years, DMLP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.71% on average per year.
- DMLP shows a decrease in Revenue. In the last year, the revenue decreased by -5.38%.
- Measured over the past years, DMLP shows a very strong growth in Revenue. The Revenue has been growing by 26.65% on average per year.
EPS 1Y (TTM)-46.73%
EPS 3Y-29.79%
EPS 5Y13.71%
EPS Q2Q%11.63%
Revenue 1Y (TTM)-5.38%
Revenue growth 3Y-3.64%
Revenue growth 5Y26.65%
Sales Q2Q%5.41%
3.2 Future
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. DMLP Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 24.23, DMLP is valued on the expensive side.
- DMLP's Price/Earnings ratio is in line with the industry average.
- DMLP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.23 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- DMLP's Enterprise Value to EBITDA ratio is in line with the industry average.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of DMLP indicates a rather cheap valuation: DMLP is cheaper than 85.17% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.24 | ||
| EV/EBITDA | 10.86 |
4.3 Compensation for Growth
- The excellent profitability rating of DMLP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.77
EPS Next 2YN/A
EPS Next 3YN/A
5. DMLP Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 9.89%, DMLP is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.26, DMLP pays a better dividend. On top of this DMLP pays more dividend than 93.78% of the companies listed in the same industry.
- DMLP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.89% |
5.2 History
- On average, the dividend of DMLP grows each year by 14.92%, which is quite nice.
- DMLP has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)14.92%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 247.85% of the earnings are spent on dividend by DMLP. This is not a sustainable payout ratio.
- DMLP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP247.85%
EPS Next 2YN/A
EPS Next 3YN/A
DMLP Fundamentals: All Metrics, Ratios and Statistics
28.11
-0.59 (-2.06%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-24 2026-02-24
Earnings (Next)04-30 2026-04-30
Inst Owners28.34%
Inst Owner Change0.12%
Ins Owners6.01%
Ins Owner Change3.65%
Market Cap1.36B
Revenue(TTM)152.83M
Net Income(TTM)55.25M
Analysts0
Price TargetN/A
Short Float %1.25%
Short Ratio3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.89% |
Yearly Dividend2.87
Dividend Growth(5Y)14.92%
DP247.85%
Div Incr Years0
Div Non Decr Years0
Ex-Date02-02 2026-02-02 (0.755712)
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.23 | ||
| Fwd PE | N/A | ||
| P/S | 8.88 | ||
| P/FCF | 10.24 | ||
| P/OCF | 10.24 | ||
| P/B | 4.44 | ||
| P/tB | 4.44 | ||
| EV/EBITDA | 10.86 |
EPS(TTM)1.16
EY4.13%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)2.75
FCFY9.77%
OCF(TTM)2.75
OCFY9.77%
SpS3.17
BVpS6.32
TBVpS6.32
PEG (NY)N/A
PEG (5Y)1.77
Graham Number12.8483 (-54.29%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.85% | ||
| ROE | 18.1% | ||
| ROCE | 18.76% | ||
| ROIC | 14.82% | ||
| ROICexc | 17.17% | ||
| ROICexgc | 17.17% | ||
| OM | 37.53% | ||
| PM (TTM) | 36.15% | ||
| GM | 89.63% | ||
| FCFM | 86.69% |
ROA(3y)33.31%
ROA(5y)43.54%
ROE(3y)34.08%
ROE(5y)44.68%
ROIC(3y)27.76%
ROIC(5y)36.3%
ROICexc(3y)34.86%
ROICexc(5y)46.14%
ROICexgc(3y)34.86%
ROICexgc(5y)46.14%
ROCE(3y)35.14%
ROCE(5y)45.95%
ROICexgc growth 3Y-39.66%
ROICexgc growth 5Y-5.68%
ROICexc growth 3Y-39.66%
ROICexc growth 5Y-5.68%
OM growth 3Y-21.12%
OM growth 5Y-4.28%
PM growth 3Y-21.18%
PM growth 5Y-4.37%
GM growth 3Y-1.03%
GM growth 5Y0.4%
F-Score5
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 107.14% | ||
| Profit Quality | 239.78% | ||
| Current Ratio | 15.54 | ||
| Quick Ratio | 15.54 | ||
| Altman-Z | N/A |
F-Score5
WACC8.98%
ROIC/WACC1.65
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)171.72%
Profit Quality(5y)147.1%
High Growth Momentum
Growth
EPS 1Y (TTM)-46.73%
EPS 3Y-29.79%
EPS 5Y13.71%
EPS Q2Q%11.63%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.38%
Revenue growth 3Y-3.64%
Revenue growth 5Y26.65%
Sales Q2Q%5.41%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-37.96%
EBIT growth 3Y-23.99%
EBIT growth 5Y21.23%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-0.12%
FCF growth 3Y-3.43%
FCF growth 5Y27.45%
OCF growth 1Y-0.12%
OCF growth 3Y-3.43%
OCF growth 5Y27.45%
DORCHESTER MINERALS LP / DMLP Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for DORCHESTER MINERALS LP?
ChartMill assigns a fundamental rating of 6 / 10 to DMLP.
What is the valuation status for DMLP stock?
ChartMill assigns a valuation rating of 3 / 10 to DORCHESTER MINERALS LP (DMLP). This can be considered as Overvalued.
What is the profitability of DMLP stock?
DORCHESTER MINERALS LP (DMLP) has a profitability rating of 8 / 10.
Can you provide the financial health for DMLP stock?
The financial health rating of DORCHESTER MINERALS LP (DMLP) is 7 / 10.
Is the dividend of DORCHESTER MINERALS LP sustainable?
The dividend rating of DORCHESTER MINERALS LP (DMLP) is 6 / 10 and the dividend payout ratio is 247.85%.