Diamond Hill’s NOPAT margin has fallen from 48% to nearly 41%, while invested capital turns have risen from 0.99 to 1.2, the net effect of which is that returns on invested capital (ROIC) have grown ...
I maintain a hold rating on DHIL stock, as recent underperformance appears tied to broader market weakness, not company-specific issues. Despite a dip in net income, Diamond Hill Investment Group ...