DORCHESTER MINERALS LP (DMLP) Fundamental Analysis & Valuation
NASDAQ:DMLP • US25820R1059
Current stock price
27.57 USD
+0.32 (+1.17%)
At close:
27.5 USD
-0.07 (-0.25%)
Pre-Market:
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
- DMLP had positive earnings in the past year.
- 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 has a better Return On Assets (17.85%) than 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 82.78% of its industry peers.
- DMLP has a Return On Invested Capital of 14.82%. This is amongst the best in the industry. DMLP outperforms 92.82% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for DMLP is above the industry average of 23.05%.
- 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
- Looking at the Profit Margin, with a value of 36.15%, DMLP belongs to the top of the industry, outperforming 90.43% of the companies in the same industry.
- DMLP's Profit Margin has declined in the last couple of years.
- Looking at the Operating Margin, with a value of 37.53%, DMLP belongs to the top of the industry, outperforming 86.12% of the companies in the same industry.
- In the last couple of years the Operating Margin of DMLP has declined.
- DMLP's Gross Margin of 89.63% is amongst the best of the industry. DMLP outperforms 94.26% 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so DMLP is creating value.
- DMLP has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, DMLP has more shares outstanding
- DMLP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the 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/WACC1.64
WACC9.03%
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.
- The Current ratio of DMLP (15.54) is better 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.
- With an excellent Quick ratio value of 15.54, DMLP belongs to the best of the industry, outperforming 96.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 15.54 | ||
| Quick Ratio | 15.54 |
3. DMLP Growth Analysis
3.1 Past
- DMLP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -46.73%.
- DMLP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 13.71% yearly.
- DMLP shows a decrease in Revenue. In the last year, the revenue decreased by -5.38%.
- The Revenue has been growing by 26.65% on average over the past years. This is a very strong growth!
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
- Based on the Price/Earnings ratio of 23.77, the valuation of DMLP can be described as rather expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of DMLP is on the same level as its industry peers.
- DMLP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.77 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DMLP is on the same level as its industry peers.
- DMLP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. DMLP is cheaper than 87.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.04 | ||
| EV/EBITDA | 10.42 |
4.3 Compensation for Growth
- DMLP has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.73
EPS Next 2YN/A
EPS Next 3YN/A
5. DMLP Dividend Analysis
5.1 Amount
- DMLP has a Yearly Dividend Yield of 10.25%, which is a nice return.
- Compared to an average industry Dividend Yield of 3.29, DMLP pays a better dividend. On top of this DMLP pays more dividend than 95.22% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.89, DMLP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.25% |
5.2 History
- The dividend of DMLP is nicely growing with an annual growth rate of 14.92%!
- DMLP has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of DMLP decreased recently.
Dividend Growth(5Y)14.92%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- DMLP pays out 247.85% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of DMLP is growing, but the earnings are growing slower. 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
27.57
+0.32 (+1.17%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-24 2026-02-24
Earnings (Next)05-06 2026-05-06
Inst Owners29.51%
Inst Owner Change18.42%
Ins Owners6.01%
Ins Owner Change3.65%
Market Cap1.33B
Revenue(TTM)152.83M
Net Income(TTM)55.25M
Analysts0
Price TargetN/A
Short Float %1.29%
Short Ratio3.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.25% |
Yearly Dividend2.87
Dividend Growth(5Y)14.92%
DP247.85%
Div Incr Years1
Div Non Decr Years1
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 | 23.77 | ||
| Fwd PE | N/A | ||
| P/S | 8.71 | ||
| P/FCF | 10.04 | ||
| P/OCF | 10.04 | ||
| P/B | 4.36 | ||
| P/tB | 4.36 | ||
| EV/EBITDA | 10.42 |
EPS(TTM)1.16
EY4.21%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)2.75
FCFY9.96%
OCF(TTM)2.75
OCFY9.96%
SpS3.17
BVpS6.32
TBVpS6.32
PEG (NY)N/A
PEG (5Y)1.73
Graham Number12.85
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
WACC9.03%
ROIC/WACC1.64
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.
Can you provide the profitability details for DORCHESTER MINERALS LP?
DORCHESTER MINERALS LP (DMLP) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for DMLP stock?
The Price/Earnings (PE) ratio for DORCHESTER MINERALS LP (DMLP) is 23.77 and the Price/Book (PB) ratio is 4.36.
Can you provide the dividend sustainability for DMLP stock?
The dividend rating of DORCHESTER MINERALS LP (DMLP) is 6 / 10 and the dividend payout ratio is 247.85%.