DMP 1.33% $32.71 domino's pizza enterprises limited

DMP chart, page-63

  1. 521 Posts.
    lightbulb Created with Sketch. 2
    Welcome to the market. There are a lot of stocks in this market now that are overvalued. But continue to rise. And many undervalued that continue to fall. I don't know what else to say really. Value no longer seems to be the market norm. Maybe this is how this market will be from now on.

    I do buy dominos pizzas and like them a lot. I get them quite regularly. That said there share price is extremely expensive. But then again its been like this for the last 5 plus years. Share price and value are totally disconnected from each other. Share price in 2012 has gone from $8 to $80 in 2016. Yet its intrinsic value in 2012 has only gone from $3.50 to $9 in 2016. That is a share price increase of 800% and only a intrinsic increase of 100%. That is a 700% difference.

    I can not find any rational reason why dominos is trading where it is now and where it has been in the past. How can any broker justify having a $100 price target on a stock that has a actual value of less than $10 in 2017. Yet it is currently over $50. I really don't know what the answer is.
 
watchlist Created with Sketch. Add DMP (ASX) to my watchlist
(20min delay)
Last
$32.71
Change
-0.440(1.33%)
Mkt cap ! $2.865B
Open High Low Value Volume
$33.10 $33.19 $32.60 $3.084M 93.90K

Buyers (Bids)

No. Vol. Price($)
3 22 $32.69
 

Sellers (Offers)

Price($) Vol. No.
$32.71 93 5
View Market Depth
Last trade - 12.39pm 04/12/2024 (20 minute delay) ?
DMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.