$174.99
+0.0000%Diamond Hill Investment Group, Inc., through its subsidiary, Diamond Hill Capital Management, Inc., provides investment advisory and fund administration services in the United States. It sponsors, distributes, and offers investment advisory and related services to its clients through pooled investment vehicles, including the Diamond Hill Funds, separately managed accounts, and model delivery programs. The company also provides fund administration services, including portfolio and regulatory compliance, treasury and financial oversight, and general business management and governance of the mutual fund complex, as well as oversight of back-office service providers, such as the custodian, fund accountant, and transfer agent. The company was founded in 1990 and is based in Columbus, Ohio.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.3B | -$1.7B | -$827.3M | -$413.7M | -$206.8M | -$103.4M | -$51.7M | -$25.9M | -$12.9M | -$6.5M |
| Maintenance CapEx | -$243.5M | -$121.8M | -$60.9M | -$30.4M | -$15.2M | -$7.6M | -$3.8M | -$1.9M | -$951.2K | -$475.6K |
| Owner Earnings | -$3.6B | -$1.8B | -$888.2M | -$444.1M | -$222.0M | -$111.0M | -$55.5M | -$27.8M | -$13.9M | -$6.9M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | -$3.3B | -$1.5B | -$705.1M | -$326.4M | -$151.1M | -$70.0M | -$32.4M | -$15.0M | -$6.9M | -$3.2M |
Continue your DHIL research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.