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General Information

Domino's Pizza Enterprises Limited
DMP
http://www.dominos.com.au
Restaurants
3,365
87

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$63.54 $63.00 $63.75 $63.00 $62.57 59980 $0.97 ( 1.55% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Company Overview

Business Description
Domino's Pizza Enterprises Limited (DMP) is engaged in the operation of retail food outlets and franchise service. The Company holds the exclusive master franchise rights for the Domino's brand and network in Australia, New Zealand, France, Belgium, the Netherlands, Japan and the Principality of Monaco. The Domino's brand is owned by Domino's Pizza, Inc. Domino’s operates within the Quick Service Restaurant (QSR) pizza segment of the fast food market in Australia and New Zealand.
Strategy Analysis
DMP is implementing a number of strategies to expand and insulate the business from a tougher economic climate. In particular, there is continued focus on organic growth, coupled with a sell down of corporate stores. Across Australia and New Zealand there has been a shift towards increasing the quality of offerings, as well as menu expansion into sides such as pasta and chicken wings. The substitution of premium ingredients which are also available as toppings, at a surcharge, are being advertised heavily. Advertising through online, social-network sites, mobile and TV-based technology should serve as a cheaper form of promotion across all geographical areas. Domino's Pizza Enterprises reported NPAT up 15.71% to $14.54m for the half-year ended 30 December 2012, driven by same-store sales and supported by successful marketing promotions. Revenues from ordinary activities were $140.8m, up 7.59% from last year. Diluted EPS was 20.6 cents compared to 18.0 cents last year. Net operating cash flow was $12.88m compared to $14.75m last year. The interim dividend declared was 15.5 cents, compared with 13.0 cents last year. During the half-year, the company added 11 new stores to its network in Australia and NZ, and 15 in Europe. This brings the total store network to 934 at the end of the period.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2016 F 77.9 90.4 27.7% 43.1 63.0 1.6% 50.0%
2015 F 61.0 70.8 33.3% 55.0 49.0 1.3% 50.0%
2014 A 45.8 53.1 23.6% 30.9 36.7 2.2% 100.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2014 A 2015 F 2016 F 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F
Domino's Pizza Enterprises (DMP) $3,238M 0.2812 0.3145 0.2533 69.5353 52.8988 42.2092 0.98% 1.34% 1.67%
Retail Food Group (RFG) $1,087M 0.0223 0.3459 0.1114 25.1888 18.7149 16.8392 3.30% 4.35% 4.65%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 2.61 56.50 12.90 1.99
Market 0.99 17.10 1.31 2.36
Sector 1.34 18.40 2.49 1.36

Directors

Name Position Start Date
Mr Donald Jeffrey Meij Chief Executive Officer, Managing Director 24/08/2001
Mr Jack James Cowin Non-Executive Chairman, Non-Executive Director 20/03/2014
Mr Norman Ross Adler Non-Executive Deputy Chairman, Non-Executive Director 23/03/2005
Mr Paul Burgess Cave Non-Executive Director 23/03/2005
Mr Grant Bryce Bourke Non-Executive Director 24/08/2001
Ms Lynda Kathryn Elfriede O'Grady Non-Executive Director 16/04/2015

Management

Name Position
Patrick McMichael Australia / New Zealand Franchise Development Manager
Allan Collins Chief Marketing Officer ANZ and Group Marketing Director
Craig A Ryan Company Secretary
Richard Coney Group Chief Financial Officer
John Harney Group Chief Procurement Officer
Scott Oelkers President and Chief Executive Officer of Japan

Substantial Shareholders

Holding Name
16,683,217 (19.41%) Somad Holdings Pty Limited
12,773,827 (14.86%) FMR LLC and FIL (formerly FMR Corp and FIL)
7,288,724 (8.48%) Hyperion Asset Management Limited

Calendar of Events

Date Event
10 February 2016 Report (Interim)
13 October 2015 Report (Prelim)
25 September 2015 Report (Annual)
11 August 2015 Report (Annual)
11 August 2015 Report (Prelim)
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