DLH HOLDINGS CORP (DLHC) Fundamental Analysis & Valuation
NASDAQ:DLHC • US23335Q1004
5.64 USD
-0.33 (-5.53%)
At close: Mar 10, 2026
5.75 USD
+0.11 (+1.95%)
After Hours: 3/10/2026, 8:18:53 PM
This DLHC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, DLHC scores 2 out of 10 in our fundamental rating. DLHC was compared to 87 industry peers in the Professional Services industry. DLHC may be in some trouble as it scores bad on both profitability and health. DLHC is valued expensive and it does not seem to be growing.
1. DLHC Profitability Analysis
1.1 Basic Checks
- DLHC had negative earnings in the past year.
- In the past year DLHC had a positive cash flow from operations.
- DLHC had positive earnings in each of the past 5 years.
- In the past 5 years DLHC always reported a positive cash flow from operatings.
1.2 Ratios
- DLHC has a Return On Assets (-0.38%) which is comparable to the rest of the industry.
- DLHC has a Return On Equity of -0.96%. This is comparable to the rest of the industry: DLHC outperforms 42.53% of its industry peers.
- DLHC has a Return On Invested Capital (4.49%) which is comparable to the rest of the industry.
- DLHC had an Average Return On Invested Capital over the past 3 years of 7.48%. This is significantly below the industry average of 12.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.38% | ||
| ROE | -0.96% | ||
| ROIC | 4.49% |
ROA(3y)1.08%
ROA(5y)4.44%
ROE(3y)3.12%
ROE(5y)10.02%
ROIC(3y)7.48%
ROIC(5y)11.41%
1.3 Margins
- DLHC's Profit Margin has declined in the last couple of years.
- With a Operating Margin value of 3.90%, DLHC perfoms like the industry average, outperforming 48.28% of the companies in the same industry.
- In the last couple of years the Operating Margin of DLHC has declined.
- DLHC has a worse Gross Margin (18.68%) than 74.71% of its industry peers.
- In the last couple of years the Gross Margin of DLHC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.9% | ||
| PM (TTM) | N/A | ||
| GM | 18.68% |
OM growth 3Y-17.18%
OM growth 5Y-6.68%
PM growth 3Y-59.37%
PM growth 5Y-34.95%
GM growth 3Y1.12%
GM growth 5Y-2.8%
2. DLHC Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DLHC is destroying value.
- DLHC has more shares outstanding than it did 1 year ago.
- DLHC has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, DLHC has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.63, we must say that DLHC is in the distress zone and has some risk of bankruptcy.
- DLHC has a Altman-Z score of 1.63. This is in the lower half of the industry: DLHC underperforms 60.92% of its industry peers.
- The Debt to FCF ratio of DLHC is 4.41, which is a neutral value as it means it would take DLHC, 4.41 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 4.41, DLHC is in line with its industry, outperforming 54.02% of the companies in the same industry.
- A Debt/Equity ratio of 1.03 is on the high side and indicates that DLHC has dependencies on debt financing.
- DLHC has a worse Debt to Equity ratio (1.03) than 71.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 4.41 | ||
| Altman-Z | 1.63 |
ROIC/WACC0.44
WACC10.22%
2.3 Liquidity
- A Current Ratio of 0.97 indicates that DLHC may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.97, DLHC is doing worse than 79.31% of the companies in the same industry.
- DLHC has a Quick Ratio of 0.97. This is a bad value and indicates that DLHC is not financially healthy enough and could expect problems in meeting its short term obligations.
- DLHC has a Quick ratio of 0.97. This is in the lower half of the industry: DLHC underperforms 79.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 |
3. DLHC Growth Analysis
3.1 Past
- DLHC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -104.55%.
- The earnings per share for DLHC have been decreasing by -29.88% on average. This is quite bad
- DLHC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -17.04%.
- DLHC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.49% yearly.
EPS 1Y (TTM)-104.55%
EPS 3Y-57.47%
EPS 5Y-29.88%
EPS Q2Q%-150%
Revenue 1Y (TTM)-17.04%
Revenue growth 3Y-4.47%
Revenue growth 5Y10.49%
Sales Q2Q%-24.11%
3.2 Future
- Based on estimates for the next years, DLHC will show a very negative growth in Earnings Per Share. The EPS will decrease by -120.36% on average per year.
- DLHC is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -17.69% yearly.
EPS Next Y-569.2%
EPS Next 2Y-120.36%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-32.28%
Revenue Next 2Y-17.69%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. DLHC Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for DLHC. In the last year negative earnings were reported.
- Also next year DLHC is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, DLHC is valued a bit cheaper than 77.01% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, DLHC is valued cheaply inside the industry as 97.70% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.7 | ||
| EV/EBITDA | 7.38 |
4.3 Compensation for Growth
- A cheap valuation may be justified as DLHC's earnings are expected to decrease with -120.36% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-120.36%
EPS Next 3YN/A
5. DLHC Dividend Analysis
5.1 Amount
- No dividends for DLHC!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
DLHC Fundamentals: All Metrics, Ratios and Statistics
5.64
-0.33 (-5.53%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)02-09 2026-02-09/amc
Earnings (Next)05-05 2026-05-05
Inst Owners67.55%
Inst Owner Change2.25%
Ins Owners12.42%
Ins Owner Change2.5%
Market Cap81.72M
Revenue(TTM)322.61M
Net Income(TTM)-1.08M
Analysts82.86
Price Target10.2 (80.85%)
Short Float %0.53%
Short Ratio4.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-126.05%
Min EPS beat(2)-296.08%
Max EPS beat(2)43.98%
EPS beat(4)1
Avg EPS beat(4)-67.51%
Min EPS beat(4)-296.08%
Max EPS beat(4)43.98%
EPS beat(8)3
Avg EPS beat(8)-33.61%
EPS beat(12)6
Avg EPS beat(12)-22.6%
EPS beat(16)9
Avg EPS beat(16)-9.67%
Revenue beat(2)0
Avg Revenue beat(2)-4.53%
Min Revenue beat(2)-5.28%
Max Revenue beat(2)-3.79%
Revenue beat(4)0
Avg Revenue beat(4)-3.36%
Min Revenue beat(4)-5.28%
Max Revenue beat(4)-1.56%
Revenue beat(8)1
Avg Revenue beat(8)-4.03%
Revenue beat(12)1
Avg Revenue beat(12)-4.06%
Revenue beat(16)2
Avg Revenue beat(16)-3.11%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-100%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-31.43%
EPS NY rev (3m)-70.37%
Revenue NQ rev (1m)-10.77%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.3%
Revenue NY rev (3m)-4.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.25 | ||
| P/FCF | 2.7 | ||
| P/OCF | 2.73 | ||
| P/B | 0.73 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.38 |
EPS(TTM)-0.02
EYN/A
EPS(NY)-0.29
Fwd EYN/A
FCF(TTM)2.09
FCFY37.02%
OCF(TTM)2.07
OCFY36.69%
SpS22.26
BVpS7.74
TBVpS-7.85
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.38% | ||
| ROE | -0.96% | ||
| ROCE | 5.19% | ||
| ROIC | 4.49% | ||
| ROICexc | 4.5% | ||
| ROICexgc | 66.78% | ||
| OM | 3.9% | ||
| PM (TTM) | N/A | ||
| GM | 18.68% | ||
| FCFM | 9.38% |
ROA(3y)1.08%
ROA(5y)4.44%
ROE(3y)3.12%
ROE(5y)10.02%
ROIC(3y)7.48%
ROIC(5y)11.41%
ROICexc(3y)7.49%
ROICexc(5y)11.97%
ROICexgc(3y)141.56%
ROICexgc(5y)N/A
ROCE(3y)8.65%
ROCE(5y)13.18%
ROICexgc growth 3Y-13.01%
ROICexgc growth 5Y-1.07%
ROICexc growth 3Y-36.15%
ROICexc growth 5Y-8.79%
OM growth 3Y-17.18%
OM growth 5Y-6.68%
PM growth 3Y-59.37%
PM growth 5Y-34.95%
GM growth 3Y1.12%
GM growth 5Y-2.8%
F-Score4
Asset Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 4.41 | ||
| Debt/EBITDA | 3.9 | ||
| Cap/Depr | 1.58% | ||
| Cap/Sales | 0.08% | ||
| Interest Coverage | 0.97 | ||
| Cash Conversion | 100.76% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 1.63 |
F-Score4
WACC10.22%
ROIC/WACC0.44
Cap/Depr(3y)3.44%
Cap/Depr(5y)4.59%
Cap/Sales(3y)0.15%
Cap/Sales(5y)0.14%
Profit Quality(3y)1375.61%
Profit Quality(5y)915.51%
High Growth Momentum
Growth
EPS 1Y (TTM)-104.55%
EPS 3Y-57.47%
EPS 5Y-29.88%
EPS Q2Q%-150%
EPS Next Y-569.2%
EPS Next 2Y-120.36%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-17.04%
Revenue growth 3Y-4.47%
Revenue growth 5Y10.49%
Sales Q2Q%-24.11%
Revenue Next Year-32.28%
Revenue Next 2Y-17.69%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-46.94%
EBIT growth 3Y-20.88%
EBIT growth 5Y3.11%
EBIT Next Year17.09%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y9.16%
FCF growth 3Y295.63%
FCF growth 5Y3.55%
OCF growth 1Y6.59%
OCF growth 3Y165.32%
OCF growth 5Y3.6%
DLH HOLDINGS CORP / DLHC FAQ
What is the fundamental rating for DLHC stock?
ChartMill assigns a fundamental rating of 2 / 10 to DLHC.
What is the valuation status of DLH HOLDINGS CORP (DLHC) stock?
ChartMill assigns a valuation rating of 2 / 10 to DLH HOLDINGS CORP (DLHC). This can be considered as Overvalued.
What is the profitability of DLHC stock?
DLH HOLDINGS CORP (DLHC) has a profitability rating of 3 / 10.
How financially healthy is DLH HOLDINGS CORP?
The financial health rating of DLH HOLDINGS CORP (DLHC) is 1 / 10.