Diamond Hill Investment Group, Inc.

Diamond Hill Investment Group, Inc.

DHILยทNASDAQ

$174.99

+0.0000%
Financial ServicesAsset Management

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.

At a Glance

Live Snapshot
Market Cap$473.29M
EPS17.9100
P/E Ratio9.77
Earnings Date05/05/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is compressed (P/E 9.8).

Valuation inputs: P/E 9.8, earnings yield +10.2%, momentum 0.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +27.6%, ROIC +0.1%).

Profitability stack: net margin +30.9%, ROE +27.6%, ROIC +0.1%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +32.2%, momentum 0.0%, net margin +30.9%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

dhil

Diamond Hill Investment Group, Inc. Market vs Earnings Trajectory

DHIL ยท NASDAQ

Loading price and EPS data...

Diamond Hill Investment Group, Inc.

Diamond Hill Investment Group, Inc. Fair Value Envelope

DHIL ยท NASDAQ

Our analysis suggests that DHIL has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $174.99, this represents a potential HIDDEN relative to our calculated worth for Diamond Hill Investment Group, Inc..

Intrinsic Value
Current Price: $174.99
3Y+38.0%
5Y+49.0%
10Y+33.0%
3Y+2.0%
5Y+25.0%
10Y+16.0%
3Y+21.0%
5Y+26.0%
10Y+6.0%
3Y-16863.0%
5Y-11173.0%
10Y-33074.0%
3Y-23090.0%
5Y-15894.0%
10Y-46322.0%
3Y+4.0%
5Y-1.0%
10Y+30.0%
Diamond Hill Investment Group, Inc.

Diamond Hill Investment Group, Inc. Profit Bridge

DHIL ยท NASDAQ
Revenue157.86M
Cost of Goods Sold (6.30M)
Gross Profit151.56M
Operating Expenses (90.87M)
Operating Income60.68M
Interest Expense (0.00)
Other Income/Expense6.60M
Pretax Income67.28M
Income Tax (17.92M)
Net Income48.76M
Net Income
48.76M

Profitability Analysis

Gross Margin

96.0%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

38.4%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

30.9%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

26.6%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

96.01%
Gross Profit Margin
113%
3Y+74.0%
5Y+94.0%
10Y+63.0%
38.44%
Operating Profit Margin
32%
3Y-8.0%
5Y+7.0%
10Y-17.0%
30.89%
Net Profit Margin
8%
3Y+18.0%
5Y+1.0%
10Y-9.0%
27.64%
Return on Equity
4%
3Y+12.0%
5Y+32.0%
10Y-16.0%
18.73%
Return on Assets
6%
3Y+16.0%
5Y+27.0%
10Y-19.0%
0.06%
Return on Invested Capital
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
DHIL

Diamond Hill Investment Group, Inc. Cash Conversion Engine

DHIL ยท NASDAQ
Net Income48.76B
Depreciation & Amortization1.19B
Stock-Based Compensation13.40B
Change in Working Capital3.60M
Others-65.77B
Capital Expenditures-2.44B
Free Cash Flow-9.05B

Cash Flow Quality Analysis

FCF Conversion Rate

-18.6%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

-36.8%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-59525.0%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$3.60M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

dhil

Diamond Hill Investment Group, Inc. Funding & Solvency Profile

DHIL ยท NASDAQ
Cash & Cash Equivalents42.42B
Net Receivables19.26B
Inventory0.00
Other Current Assets-3.48M
Total Current Assets62 B
Property, Plant & Equipment9.82B
Goodwill & Intangible Assets0.00
Long-Term Investments177.40M
Other Non-Current Assets-184.84M
Total Non-Current Assets10 B
Total Assets
260.40M

Financial Health Analysis

Current Ratio

75115.85x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.48x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

62 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

23689% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

dhil

Diamond Hill Investment Group, Inc. Street Expectations Map

DHIL ยท NASDAQ

No Target Data

No analyst price targets available for dhil.

dhil

Diamond Hill Investment Group, Inc. Insider Positioning

DHIL ยท NASDAQ

During the last 12 months, insiders have purchased $3K and sold $481K worth of DHIL shares, resulting in $477K of net selling activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

12

1.72K

Sold

250

35.27K

Net Activity

-34K

-$34K

9-12 Months

Bought

12

1.76K

Sold

3.1K

445.63K

Net Activity

-444K

-$444K

Top Buyers

1
TL

Thomas L'Quentus

Director

24 sharesโ€ข2 transactions

$3K

Top Sellers

1
QJA

Quinif Jo Ann

Officer: President Of Dhcm

2.8K sharesโ€ข1 transactions

$396K

2
MPR

Meyer Paula R

Director

350 sharesโ€ข1 transactions

$50K

3
TL

Thomas L'Quentus

Director

250 sharesโ€ข1 transactions

$35K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $477K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.01:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

3 insider sellers vs. 1 buyers. Widespread selling across multiple insiders may signal concerns.

3.22%
Dividend Yield
3Y+8.0%
5Y-60.0%
10Y-98.0%
ย 

dhil Dividend History

DHIL
10Y CAGR 6%
Latest $5.5
Annual $11.5
Dividend growth trend
Last Period: +267%