Dorchester Minerals, L.P.
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
17.3122.8825.6712.458.7612.6117.309.888.6211.1811.758.76
Price/Sales ratio
12.019.5214.338.356.448.448.067.426.597.539.146.44
Price/Book Value ratio
8.114.148.045.27-1.535.924.474.876.566.653.37-1.53
Price/Cash Flow ratio
13.5810.9519.0310.877.5510.079.609.867.658.829.617.55
Price/Free Cash Flow ratio
13.5810.9519.0311.137.5610.079.609.867.658.8211.337.56
Price/Earnings Growth ratio
4.74-0.320.440.150.21-1.23-0.290.040.11-0.740.480.21
Dividend Yield
7.73%12.06%5.05%7.89%12.27%10.64%12.75%7.77%11.71%10.65%10.47%10.64%
Profitability Indicator Ratios
Gross Profit Margin
76.20%57.16%69.11%75.67%80.26%74.68%62.49%80.66%81.28%76.48%79.33%74.68%
Operating Profit Margin
68.32%41.57%55.82%67.06%73.56%66.96%46.59%75.11%76.46%69.66%66.76%66.96%
Pretax Profit Margin
69.41%41.6%55.82%67.06%73.56%66.96%46.59%75.11%76.46%69.66%66.76%66.96%
Net Profit Margin
69.41%41.6%55.82%67.06%73.56%66.96%46.59%75.11%76.46%67.39%66.02%66.96%
Effective Tax Rate
-1.57%N/A-23.00%N/A16.29%25.36%3.22%3.34%3.43%N/A-5.46%25.36%
Return on Assets
46.39%17.97%31.19%41.74%61.31%45.14%24.75%47.80%74.10%57.77%28.19%45.14%
Return On Equity
46.86%18.11%31.32%42.34%-17.55%46.97%25.85%49.27%76.14%59.52%48.71%-17.55%
Return on Capital Employed
46.13%18.09%31.32%42.03%61.65%46.07%25.29%48.73%75.56%61.15%28.94%46.07%
Liquidity Ratios
Current Ratio
26.8623.8853.7039.8061.9711.979.70N/AN/AN/A14.2111.97
Quick Ratio
31.7028.8269.4539.8075.6214.969.7016.6422.5715.6014.2114.96
Cash ratio
16.1513.3329.8621.7037.626.495.9810.0911.9410.529.336.49
Days of Sales Outstanding
59.1064.6563.9073.4458.9459.9554.3571.7146.4050.5462.4758.94
Days of Inventory outstanding
-112.07-70.57-136.30N/A-167.50-129.19N/AN/A-166.02N/AN/A-167.50
Operating Cycle
-52.96-5.92-72.3973.44-108.56-69.2454.3571.71-119.6250.5462.47-108.56
Days of Payables Outstanding
22.9512.867.9215.6810.6237.5432.7250.7635.7439.7559.2910.62
Cash Conversion Cycle
-75.91-18.78-80.3257.75-119.19-106.7921.6320.94-155.3610.793.18-119.19
Debt Ratios
Debt Ratio
N/AN/AN/AN/AN/A0.00N/AN/A0.000.000.000.00
Debt Equity Ratio
N/AN/AN/AN/AN/A0.00N/AN/A0.000.000.000.00
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
N/AN/AN/AN/AN/A0.00N/AN/A0.000.000.000.00
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/A213.25N/AN/A523.31514.12524.61213.25
Company Equity Multiplier
1.011.001.001.01-0.281.041.041.031.021.031.01-0.28
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.880.860.750.760.850.830.830.750.860.850.800.83
Free Cash Flow / Operating Cash Flow Ratio
1110.970.991111110.99
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/A213.25N/AN/A523.31514.12524.61213.25
Short Term Coverage Ratio
N/AN/AN/AN/AN/A213.25N/AN/A523.31514.12524.61213.25
Dividend Payout Ratio
133.82%276.18%129.73%98.36%107.60%134.36%220.61%76.82%100.99%119.18%154.71%107.60%