Obermatt

Dunelm

LSE:DNLM · GB00B1CKQ739
Specialty RetailMedium

360

92
EV / EBIT71
Price / Owner Earnings55
Owner Earnings Yield79
Dividend Yield91
Price/Sales21
EV / Gross Profit60
Price/Book10
Return on Capital98
Cash Return on Capital98
Return on Equity100
EBIT Margin71
Gross Profitability92
Cash Conversion39
Accruals72
Owner Earnings Margin77
Sales growth46
Profit Growth70
Long-Term EPS Growth28
Owner Earnings Growth39
Reinvestment6
Price momentum13
Debt load29
Refinancing32
Debt Payback61
Liquidity93
Analyst ratings50
Opinion Changes35
Price Target Upside82
Market mood90
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Dunelm clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUK
IndustrySpecialty Retail
SizeMedium
TypePublic Company
ExchangeLSE
Founded2003
ISINGB00B1CKQ739
Last UpdateApr 2, 2026
Themes
Green Consumer GoodsLifestyleOnline GroceryFast-Moving Consumer GoodsHome ImprovementConsumer GoodsFurnitureHome DecorProduct Design

Description

Dunelm Group plc (Dunelm) engages in the retail of homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and arm…

Analysis

Quality compounder

Dunelm Group plc is a quality compounder: a well-run business trading at a price that reflects what it is worth. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is attractive. You pay 11.3× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -2% yearly growth; analysts expect 2%. The price, in other words, assumes less than the experts do.

The trajectory is tepid and the balance sheet is adequate. The company scores 12/20 on our value-creation score: creating some value. Analysts lean positive.

What to watch: The financial cushion is thinner than comfortable. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
30
2023202420252026

All-time high

85

Jan 2023

All-time low

10

May 2024

Average rank

29

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
21
13
13
20
Price/Earnings
61
41
35
34
Price/Book
10
5
3
8
Dividend Yield
91
81
94
74
Value (overall)
35
26
22
31

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →