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.

8

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.
DMLP Yearly Net Income VS EBIT VS OCF VS FCFDMLP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M

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 RankSector 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%
DMLP Yearly ROA, ROE, ROICDMLP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

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 RankSector 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%
DMLP Yearly Profit, Operating, Gross MarginsDMLP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

7

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.
DMLP Yearly Shares OutstandingDMLP Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
DMLP Yearly Total Debt VS Total AssetsDMLP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

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 RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z N/A
ROIC/WACC1.65
WACC8.98%
DMLP Yearly LT Debt VS Equity VS FCFDMLP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

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 RankSector Rank
Current Ratio 15.54
Quick Ratio 15.54
DMLP Yearly Current Assets VS Current LiabilitesDMLP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M

3

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.
DMLP Yearly Revenue VS EstimatesDMLP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
DMLP Yearly EPS VS EstimatesDMLP Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 0.5 1 1.5 2

3

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 RankSector Rank
PE 24.23
Fwd PE N/A
DMLP Price Earnings VS Forward Price EarningsDMLP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

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 RankSector Rank
P/FCF 10.24
EV/EBITDA 10.86
DMLP Per share dataDMLP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

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

6

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 RankSector 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
DMLP Yearly Dividends per shareDMLP Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

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 Yearly Income VS Free CF VS DividendDMLP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
DMLP Dividend Payout.DMLP Dividend Payout, showing the Payout Ratio.DMLP Dividend Payout.PayoutRetained Earnings

DMLP Fundamentals: All Metrics, Ratios and Statistics

DORCHESTER MINERALS LP

NASDAQ:DMLP (4/24/2026, 8:00:01 PM)

After market: 28.5 +0.39 (+1.39%)

28.11

-0.59 (-2.06%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-24
Earnings (Next)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 RankSector 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
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 RankSector 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 RankSector 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 RankSector 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%.