Dorchester Minerals Lp Stock Return On Equity

DMLP Stock

USD 32.81 0.27 0.83%

Dorchester Minerals LP fundamentals help investors to digest information that contributes to Dorchester Minerals' financial success or failures. It also enables traders to predict the movement of Dorchester Stock. The fundamental analysis module provides a way to measure Dorchester Minerals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dorchester Minerals stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.60	0.65

As of 12/11/2024, Return On Equity is likely to grow to 0.65.

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Dorchester Minerals LP Company Return On Equity Analysis

Dorchester Minerals' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Dorchester Minerals Return On Equity

0.4

Most of Dorchester Minerals' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dorchester Minerals LP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Dorchester Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Dorchester Minerals is extremely important. It helps to project a fair market value of Dorchester Stock properly, considering its historical fundamentals such as Return On Equity. Since Dorchester Minerals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dorchester Minerals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dorchester Minerals' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Accounts Payable	Total Liab	Property Plant Equipment	Net Debt	Net Receivables	Total Current Assets	Common Stock	Current Deferred Revenue	Short Term Debt	Net Tangible Assets	Deferred Long Term Liab	Accumulated Depreciation	Net Invested Capital	Net Working Capital
Total Assets		0.34	0.5	0.23	0.15	-0.67	0.95	0.73	0.5	0.32	0.15	0.64	0.49	0.28	0.76	0.74
Total Stockholder Equity	0.34		0.54	0.43	-0.28	-0.37	0.27	0.4	0.41	0.13	0.3	0.34	0.19	0.39	0.49	0.36
Accounts Payable	0.5	0.54		0.91	-0.36	-0.89	0.49	0.89	0.7	0.51	0.74	0.69	0.66	0.37	0.84	0.77
Total Liab	0.23	0.43	0.91		-0.33	-0.7	0.27	0.68	0.62	0.53	0.73	0.61	0.67	0.49	0.67	0.58
Property Plant Equipment	0.15	-0.28	-0.36	-0.33		0.32	0.13	-0.24	-0.48	0.04	-0.5	0.04	-0.25	0.25	-0.23	-0.24
Net Debt	-0.67	-0.37	-0.89	-0.7	0.32		-0.69	-0.99	-0.68	-0.48	-0.73	-0.76	-0.62	-0.08	-0.9	-0.91
Net Receivables	0.95	0.27	0.49	0.27	0.13	-0.69		0.73	0.57	0.25	0.22	0.71	0.53	0.24	0.8	0.81
Total Current Assets	0.73	0.4	0.89	0.68	-0.24	-0.99	0.73		0.66	0.47	0.65	0.74	0.66	0.15	0.89	0.89
Common Stock	0.5	0.41	0.7	0.62	-0.48	-0.68	0.57	0.66		0.07	0.43	0.41	0.75	0.25	0.81	0.77
Current Deferred Revenue	0.32	0.13	0.51	0.53	0.04	-0.48	0.25	0.47	0.07		0.51	0.68	0.21	0.17	0.41	0.37
Short Term Debt	0.15	0.3	0.74	0.73	-0.5	-0.73	0.22	0.65	0.43	0.51		0.7	0.28	0.06	0.64	0.66
Net Tangible Assets	0.64	0.34	0.69	0.61	0.04	-0.76	0.71	0.74	0.41	0.68	0.7		0.33	0.31	0.79	0.79
Deferred Long Term Liab	0.49	0.19	0.66	0.67	-0.25	-0.62	0.53	0.66	0.75	0.21	0.28	0.33		0.27	0.62	0.56
Accumulated Depreciation	0.28	0.39	0.37	0.49	0.25	-0.08	0.24	0.15	0.25	0.17	0.06	0.31	0.27		0.3	0.1
Net Invested Capital	0.76	0.49	0.84	0.67	-0.23	-0.9	0.8	0.89	0.81	0.41	0.64	0.79	0.62	0.3		0.97
Net Working Capital	0.74	0.36	0.77	0.58	-0.24	-0.91	0.81	0.89	0.77	0.37	0.66	0.79	0.56	0.1	0.97

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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

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Predict Dorchester Minerals

Return On Equity Over Time

Dorchester Total Stockholder Equity

Total Stockholder Equity

194.72 Million

At this time, Dorchester Minerals' Total Stockholder Equity is relatively stable compared to the past year.

Based on the latest financial disclosure, Dorchester Minerals LP has a Return On Equity of 0.3966. This is 120.03% lower than that of the Oil, Gas & Consumable Fuels sector and 77.72% lower than that of the Energy industry. The return on equity for all United States stocks is notably lower than that of the firm.

Dorchester Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dorchester Minerals' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dorchester Minerals could also be used in its relative valuation, which is a method of valuing Dorchester Minerals by comparing valuation metrics of similar companies.

Dorchester Minerals is currently under evaluation in return on equity category among its peers.

Dorchester Minerals ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Dorchester Minerals' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dorchester Minerals' managers, analysts, and investors.

Environmental

Governance

Social

Dorchester Fundamentals

	Return On Equity	0.4
	Return On Asset	0.24
	Profit Margin	0.67 %
	Operating Margin	0.68 %
	Current Valuation	1.52 B
	Shares Outstanding	47.34 M
	Shares Owned By Insiders	12.79 %
	Shares Owned By Institutions	26.09 %
	Number Of Shares Shorted	472.63 K
	Price To Earning	48.15 X
	Price To Book	3.97 X
	Price To Sales	9.51 X
	Revenue	163.8 M
	Gross Profit	157.91 M
	EBITDA	140.62 M
	Net Income	110.39 M
	Cash And Equivalents	42.98 M
	Cash Per Share	1.14 X
	Total Debt	1.31 M
	Debt To Equity	0.01 %
	Current Ratio	16.62 X
	Book Value Per Share	8.39 X
	Cash Flow From Operations	139.84 M
	Short Ratio	7.70 X
	Earnings Per Share	2.80 X
	Number Of Employees	27
	Beta	1.07
	Market Capitalization	1.58 B
	Total Asset	191.06 M
	Retained Earnings	130.61 M
	Working Capital	65.24 M
	Current Asset	12.78 M
	Current Liabilities	535 K
	Annual Yield	0.10 %
	Five Year Return	10.09 %
	Net Asset	191.06 M
	Last Dividend Paid	3.49

About Dorchester Minerals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dorchester Minerals LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dorchester Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dorchester Minerals LP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Dorchester Minerals

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dorchester Minerals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dorchester Minerals will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dorchester Stock

0.7	AR	Antero Resources Corp	Pair Corr
0.75	EP	Empire Petroleum Corp	Pair Corr
0.96	LB	LandBridge Company	Pair Corr
0.82	PR	Permian Resources	Pair Corr

Moving against Dorchester Stock

0.88	BRN	Barnwell Industries Earnings Call This Week	Pair Corr
0.76	BRY	Berry Petroleum Corp	Pair Corr
0.6	APA	APA Corporation	Pair Corr
0.53	EGY	Vaalco Energy	Pair Corr
0.52	DVN	Devon Energy	Pair Corr

The ability to find closely correlated positions to Dorchester Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorchester Minerals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dorchester Minerals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dorchester Minerals LP to buy it.

The correlation of Dorchester Minerals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dorchester Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorchester Minerals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Dorchester Minerals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Dorchester Stock Analysis

When running Dorchester Minerals' price analysis, check to measure Dorchester Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dorchester Minerals is operating at the current time. Most of Dorchester Minerals' value examination focuses on studying past and present price action to predict the probability of Dorchester Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorchester Minerals' price. Additionally, you may evaluate how the addition of Dorchester Minerals to your portfolios can decrease your overall portfolio volatility.

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