Diamond Return On Tangible Assets from 2010 to 2024

DHIL Stock  USD 169.66  0.50  0.30%   
Diamond Hill Return On Tangible Assets yearly trend continues to be quite stable with very little volatility. The value of Return On Tangible Assets are projected to decrease to 0.11. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.18193645
Current Value
0.11
Quarterly Volatility
0.08669324
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Diamond Hill financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamond Hill's main balance sheet or income statement drivers, such as Depreciation And Amortization of 707.4 K, Interest Expense of 36.2 M or Selling General Administrative of 12.7 M, as well as many indicators such as Price To Sales Ratio of 3.75, Dividend Yield of 0.0344 or PTB Ratio of 4.44. Diamond financial statements analysis is a perfect complement when working with Diamond Hill Valuation or Volatility modules.
  
Check out the analysis of Diamond Hill Correlation against competitors.

Latest Diamond Hill's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Diamond Hill Investment over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Diamond Hill's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diamond Hill's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Diamond Return On Tangible Assets Regression Statistics

Arithmetic Mean0.24
Geometric Mean0.23
Coefficient Of Variation35.97
Mean Deviation0.07
Median0.23
Standard Deviation0.09
Sample Variance0.01
Range0.3006
R-Value(0.83)
Mean Square Error0
R-Squared0.69
Significance0.0001
Slope(0.02)
Total Sum of Squares0.11

Diamond Return On Tangible Assets History

2024 0.11
2023 0.18
2022 0.17
2021 0.27
2019 0.21
2018 0.15
2017 0.2

About Diamond Hill Financial Statements

Diamond Hill investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how Diamond Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.18  0.11 

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When determining whether Diamond Hill Investment is a strong investment it is important to analyze Diamond Hill's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamond Hill's future performance. For an informed investment choice regarding Diamond Stock, refer to the following important reports:
Check out the analysis of Diamond Hill Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamond Hill. If investors know Diamond will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamond Hill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.431
Dividend Share
6
Earnings Share
17.61
Revenue Per Share
52.138
Quarterly Revenue Growth
0.097
The market value of Diamond Hill Investment is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.