Diversified Royalty Corp
TSX:DIV

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Diversified Royalty Corp
TSX:DIV
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Price: 2.98 CAD Market Closed
Market Cap: 452.1m CAD

Relative Value

The Relative Value of one DIV stock under the Base Case scenario is 3.18 CAD. Compared to the current market price of 2.98 CAD, Diversified Royalty Corp is Undervalued by 6%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

DIV Relative Value
Base Case
3.18 CAD
Undervaluation 6%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
61
vs Industry
5
Median 3Y
7.7
Median 5Y
7.8
Industry
0.5
Forward
6.9
vs History
31
vs Industry
40
Median 3Y
15.7
Median 5Y
14.9
Industry
16.8
Forward
15.2
vs History
68
vs Industry
30
Median 3Y
11.8
Median 5Y
11.7
Industry
8.2
vs History
vs Industry
30
Median 3Y
4.7
Median 5Y
4.7
Industry
16.7
vs History
15
vs Industry
38
Median 3Y
1.7
Median 5Y
1.6
Industry
1.6
vs History
65
vs Industry
2
Median 3Y
11.6
Median 5Y
11.7
Industry
0.7
Forward
10.1
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
2.3
vs History
33
vs Industry
23
Median 3Y
13.3
Median 5Y
13.4
Industry
8.3
Forward
10.6
vs History
33
vs Industry
35
Median 3Y
13.4
Median 5Y
13.4
Industry
12.6
Forward
11.8
vs History
68
vs Industry
18
Median 3Y
17.7
Median 5Y
17.5
Industry
9.6
vs History
39
vs Industry
19
Median 3Y
15.2
Median 5Y
15.2
Industry
13.4
vs History
22
vs Industry
35
Median 3Y
1.3
Median 5Y
1.3
Industry
1

Multiples Across Competitors

DIV Competitors Multiples
Diversified Royalty Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Diversified Royalty Corp
TSX:DIV
499.3m CAD 7.6 18.4 14.4 14.5
US
O'Reilly Automotive Inc
NASDAQ:ORLY
78.7B USD 4.7 33.1 22.7 26
US
Carvana Co
NYSE:CVNA
73B USD 4.9 183.5 49.5 61.2
US
Autozone Inc
NYSE:AZO
62.3B USD 3.3 24.3 16.6 19.2
ZA
Motus Holdings Ltd
JSE:MTH
16.6B Zac 0 0 0 0
US
Penske Automotive Group Inc
NYSE:PAG
11B USD 0.4 11.6 10.8 12.1
TW
Hotai Motor Co Ltd
TWSE:2207
327.6B TWD 1.3 17.3 25.1 66.2
ZA
Super Group Ltd
JSE:SPG
10.4B Zac 0 0 0 0
US
Carmax Inc
NYSE:KMX
10.1B USD 0.4 20.1 56 135.4
US
Murphy Usa Inc
NYSE:MUSA
8.4B USD 0.4 17.1 10.4 14.1
US
Lithia Motors Inc
NYSE:LAD
8.4B USD 0.2 9.8 10.9 12.9
P/E Multiple
Earnings Growth PEG
CA
Diversified Royalty Corp
TSX:DIV
Average P/E: 37.3
18.4
N/A N/A
US
O'Reilly Automotive Inc
NASDAQ:ORLY
33.1
10%
3.3
US
Carvana Co
NYSE:CVNA
183.5
92%
2
US
Autozone Inc
NYSE:AZO
24.3
6%
4.1
ZA
M
Motus Holdings Ltd
JSE:MTH
Not Available
15%
N/A
US
Penske Automotive Group Inc
NYSE:PAG
11.6
2%
5.8
TW
Hotai Motor Co Ltd
TWSE:2207
17.3
N/A N/A
ZA
S
Super Group Ltd
JSE:SPG
Not Available
-33%
N/A
US
Carmax Inc
NYSE:KMX
20.1
19%
1.1
US
Murphy Usa Inc
NYSE:MUSA
17.1
6%
2.9
US
Lithia Motors Inc
NYSE:LAD
9.8
12%
0.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Diversified Royalty Corp
TSX:DIV
Average EV/EBITDA: 24
14.4
8%
1.8
US
O'Reilly Automotive Inc
NASDAQ:ORLY
22.7
8%
2.8
US
Carvana Co
NYSE:CVNA
49.5
35%
1.4
US
Autozone Inc
NYSE:AZO
16.6
5%
3.3
ZA
M
Motus Holdings Ltd
JSE:MTH
Not Available
19%
N/A
US
Penske Automotive Group Inc
NYSE:PAG
10.8
2%
5.4
TW
Hotai Motor Co Ltd
TWSE:2207
25.1
N/A N/A
ZA
S
Super Group Ltd
JSE:SPG
Not Available
-22%
N/A
US
Carmax Inc
NYSE:KMX
56
44%
1.3
US
Murphy Usa Inc
NYSE:MUSA
10.4
5%
2.1
US
Lithia Motors Inc
NYSE:LAD
10.9
7%
1.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Diversified Royalty Corp
TSX:DIV
Average EV/EBIT: 40.2
14.5
4%
3.6
US
O'Reilly Automotive Inc
NASDAQ:ORLY
26
8%
3.2
US
Carvana Co
NYSE:CVNA
61.2
40%
1.5
US
Autozone Inc
NYSE:AZO
19.2
5%
3.8
ZA
M
Motus Holdings Ltd
JSE:MTH
Not Available
4%
N/A
US
Penske Automotive Group Inc
NYSE:PAG
12.1
0%
N/A
TW
Hotai Motor Co Ltd
TWSE:2207
66.2
N/A N/A
ZA
S
Super Group Ltd
JSE:SPG
Not Available
-16%
N/A
US
Carmax Inc
NYSE:KMX
135.4
80%
1.7
US
Murphy Usa Inc
NYSE:MUSA
14.1
5%
2.8
US
Lithia Motors Inc
NYSE:LAD
12.9
8%
1.6