Logo image of DMLP

DORCHESTER MINERALS LP (DMLP) Stock Fundamental Analysis

NASDAQ:DMLP - Nasdaq - US25820R1059 - Currency: USD

29.26  -0.07 (-0.24%)

Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to DMLP. DMLP was compared to 212 industry peers in the Oil, Gas & Consumable Fuels industry. DMLP gets an excellent profitability rating and is at the same time showing great financial health properties. DMLP has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

Quickly go to:

8

1. Profitability

1.1 Basic Checks

DMLP had positive earnings in the past year.
DMLP had a positive operating cash flow in the past year.
In the past 5 years DMLP has always been profitable.
DMLP had a positive operating cash flow in each of the past 5 years.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M

1.2 Ratios

DMLP has a Return On Assets of 24.32%. This is amongst the best in the industry. DMLP outperforms 95.28% of its industry peers.
Looking at the Return On Equity, with a value of 24.66%, DMLP belongs to the top of the industry, outperforming 85.85% of the companies in the same industry.
DMLP's Return On Invested Capital of 20.14% is amongst the best of the industry. DMLP outperforms 94.34% of its industry peers.
DMLP had an Average Return On Invested Capital over the past 3 years of 42.72%. This is significantly above the industry average of 27.42%.
The last Return On Invested Capital (20.14%) for DMLP is well below the 3 year average (42.72%), which needs to be investigated, but indicates that DMLP had better years and this may not be a problem.
Industry RankSector Rank
ROA 24.32%
ROE 24.66%
ROIC 20.14%
ROA(3y)51.22%
ROA(5y)44.77%
ROE(3y)52.56%
ROE(5y)46.07%
ROIC(3y)42.72%
ROIC(5y)37.34%
DMLP Yearly ROA, ROE, ROICDMLP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

1.3 Margins

The Profit Margin of DMLP (55.22%) is better than 93.40% of its industry peers.
DMLP's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 57.24%, DMLP belongs to the best of the industry, outperforming 92.45% of the companies in the same industry.
DMLP's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 90.99%, DMLP belongs to the best of the industry, outperforming 96.23% of the companies in the same industry.
In the last couple of years the Gross Margin of DMLP has remained more or less at the same level.
Industry RankSector Rank
OM 57.24%
PM (TTM) 55.22%
GM 90.99%
OM growth 3Y-8.68%
OM growth 5Y-3.1%
PM growth 3Y-8.71%
PM growth 5Y-3.12%
GM growth 3Y-0.32%
GM growth 5Y-0.14%
DMLP Yearly Profit, Operating, Gross MarginsDMLP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

More info and screens

7

2. Health

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.
The number of shares outstanding for DMLP has been increased compared to 5 years ago.
DMLP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
DMLP Yearly Shares OutstandingDMLP Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
DMLP Yearly Total Debt VS Total AssetsDMLP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 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/WACC1.92
WACC10.49%
DMLP Yearly LT Debt VS Equity VS FCFDMLP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.3 Liquidity

DMLP has a Current Ratio of 15.97. This indicates that DMLP is financially healthy and has no problem in meeting its short term obligations.
DMLP has a better Current ratio (15.97) than 96.70% of its industry peers.
A Quick Ratio of 15.97 indicates that DMLP has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 15.97, DMLP belongs to the best of the industry, outperforming 96.70% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 15.97
Quick Ratio 15.97
DMLP Yearly Current Assets VS Current LiabilitesDMLP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

More info and screens

2

3. Growth

3.1 Past

DMLP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -23.28%.
Measured over the past 5 years, DMLP shows a small growth in Earnings Per Share. The EPS has been growing by 7.30% on average per year.
The Revenue has decreased by -1.39% in the past year.
DMLP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.44% yearly.
EPS 1Y (TTM)-23.28%
EPS 3Y3.22%
EPS 5Y7.3%
EPS Q2Q%-67.77%
Revenue 1Y (TTM)-1.39%
Revenue growth 3Y20.03%
Revenue growth 5Y15.44%
Sales Q2Q%-21.24%

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 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
DMLP Yearly EPS VS EstimatesDMLP Yearly EPS VS EstimatesYearly EPS VS Estimates 2024 0.5 1 1.5 2

More info and screens

4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 13.80, which indicates a correct valuation of DMLP.
DMLP's Price/Earnings ratio is in line with the industry average.
DMLP is valuated cheaply when we compare the Price/Earnings ratio to 28.92, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 13.8
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 is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, DMLP is valued a bit cheaper than the industry average as 69.34% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 10.44
EV/EBITDA 9.93
DMLP Per share dataDMLP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

DMLP has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.89
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

6

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 11.02%, DMLP is a good candidate for dividend investing.
DMLP's Dividend Yield is rather good when compared to the industry average which is at 7.41. DMLP pays more dividend than 88.68% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.51, DMLP pays a better dividend.
Industry RankSector Rank
Dividend Yield 11.02%

5.2 History

The dividend of DMLP is nicely growing with an annual growth rate of 10.55%!
DMLP has paid a dividend for at least 10 years, which is a reliable track record.
DMLP has decreased its dividend recently.
Dividend Growth(5Y)10.55%
Div Incr Years1
Div Non Decr Years1
DMLP Yearly Dividends per shareDMLP Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

DMLP pays out 170.27% 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.
DP170.27%
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
DMLP Dividend Payout.DMLP Dividend Payout, showing the Payout Ratio.DMLP Dividend Payout.PayoutRetained Earnings

More info and screens

DORCHESTER MINERALS LP

NASDAQ:DMLP (4/24/2025, 8:04:04 PM)

29.26

-0.07 (-0.24%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-20 2025-02-20/amc
Earnings (Next)05-01 2025-05-01
Inst Owners26.14%
Inst Owner Change-0.19%
Ins Owners6.05%
Ins Owner Change0.1%
Market Cap1.39B
Analysts0
Price TargetN/A
Short Float %1.01%
Short Ratio2.62
Dividend
Industry RankSector Rank
Dividend Yield 11.02%
Yearly Dividend3.49
Dividend Growth(5Y)10.55%
DP170.27%
Div Incr Years1
Div Non Decr Years1
Ex-Date02-03 2025-02-03 (0.739412)
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 13.8
Fwd PE N/A
P/S 8.58
P/FCF 10.44
P/OCF 10.44
P/B 3.83
P/tB 3.83
EV/EBITDA 9.93
EPS(TTM)2.12
EY7.25%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)2.8
FCFY9.58%
OCF(TTM)2.8
OCFY9.58%
SpS3.41
BVpS7.64
TBVpS7.64
PEG (NY)N/A
PEG (5Y)1.89
Profitability
Industry RankSector Rank
ROA 24.32%
ROE 24.66%
ROCE 25.5%
ROIC 20.14%
ROICexc 22.82%
ROICexgc 22.82%
OM 57.24%
PM (TTM) 55.22%
GM 90.99%
FCFM 82.12%
ROA(3y)51.22%
ROA(5y)44.77%
ROE(3y)52.56%
ROE(5y)46.07%
ROIC(3y)42.72%
ROIC(5y)37.34%
ROICexc(3y)55.19%
ROICexc(5y)47.3%
ROICexgc(3y)55.19%
ROICexgc(5y)47.3%
ROCE(3y)54.08%
ROCE(5y)47.27%
ROICexcg growth 3Y-21.92%
ROICexcg growth 5Y-11.51%
ROICexc growth 3Y-21.92%
ROICexc growth 5Y-11.51%
OM growth 3Y-8.68%
OM growth 5Y-3.1%
PM growth 3Y-8.71%
PM growth 5Y-3.12%
GM growth 3Y-0.32%
GM growth 5Y-0.14%
F-Score5
Asset Turnover0.44
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 98.09%
Profit Quality 148.7%
Current Ratio 15.97
Quick Ratio 15.97
Altman-Z N/A
F-Score5
WACC10.49%
ROIC/WACC1.92
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)130.68%
Profit Quality(5y)136.31%
High Growth Momentum
Growth
EPS 1Y (TTM)-23.28%
EPS 3Y3.22%
EPS 5Y7.3%
EPS Q2Q%-67.77%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1.39%
Revenue growth 3Y20.03%
Revenue growth 5Y15.44%
Sales Q2Q%-21.24%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-18.98%
EBIT growth 3Y9.61%
EBIT growth 5Y11.85%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-5.15%
FCF growth 3Y23.57%
FCF growth 5Y14.95%
OCF growth 1Y-5.15%
OCF growth 3Y23.57%
OCF growth 5Y14.95%