DLH Holdings Corp (DLHC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of DLH Holdings Corp stock $5.06, price $3.61, upside +40.2%, quality 46 out of 100. Rating: undervalued. Calculated from audited financials with 20 of our 26 valuation models and 37 quality factors, updated daily.
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DLH Holdings Corp
DLHC · USThe stock costs 29% less than our calculation considers fair.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range $2.74 – $21.23 · fair‑value band $3.66 – $9.58 · the $3.61 price screens below the $5.06 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 3 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.
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Company profile
DLH Holdings Corp. provides technology-enabled business process outsourcing, program management solutions, and public health research and analytics services in the United States.
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It offers digital transformation and cyber security solutions, including artificial intelligence and machine learning, cloud enablement, cybersecurity ecosystem, big data analytics, and modeling and simulation to the National Institutes of Health (NIH), Defense Health Agency (DHA), US Army Medical Research and Development Command (MRDC), and US Navy.
The company also provides science research and development services and solutions, such as data analytics, testing and evaluation, clinical trials research services, and epidemiology studies to support multiple operating divisions, including NIH and the Center for Disease Control and Prevention, as well as the Military Health System.
In addition, it offers systems engineering and integration solutions in the areas of command, control, communications, computers, cyber, intelligence, surveillance, and reconnaissance (C5ISR); modeling, simulation and training, performance-based logistics, and system modernization; and technology-powered health solutions and software engineering on behalf of the US Navy, HHS, VA, and other federal customers.
Further, the company holds the trademark, Infinibyte, for cloud-based solution. The company was formerly known as TeamStaff, Inc. and changed its name to DLH Holdings Corp. in June 2012. DLH Holdings Corp. was incorporated in 1969 and is headquartered in Atlanta, Georgia.
Stock analysis
DLH Holdings Corp (DLHC) currently trades at $3.61, while our model-based Fair Value estimate is $5.06, implying the stock looks roughly 29% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $23.02 per share, and 15 of the 20 models we run sit above the $3.61 price.
Bear case: the Earnings-Based group reads lowest at $1.65, and 5 of the 20 models stay below the price. Data coverage for this calculation is low.
Scenario range: $3.66 (bear) to $9.58 (bull), the price of $3.61 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
DLH Holdings Corp reported revenue of $344M in FY2025 versus $246M in FY2021, a compound +8.8%/yr. Reported net income was $1.4M in FY2025, compounding −39.5%/yr from FY2021.
Key figures
Market cap $51.9M Micro · P/S ratio 0.21 · EPS (TTM) $−1.49 · Net margin −8.5% · Return on equity −20.8% · Return on assets (EBIT) 9.4% (5-year average) · Operating margin −8.9% · Revenue (TTM) $254M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 22 out of 100 (medium confidence).
What moves the price
The share trades about 45% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −12% fair-value upside, at 40%, DLHC screens cheaper than that median.
Fair Value models
All 20 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, no officer or director bought or sold shares on the open market.
- SaleMink Brook Asset Management LLC10% owner199,099 shares at $3.70$736,666Oct 1, 2026
- BuyMink Brook Asset Management LLC10% owner45× since Dec 11, 2025: 500,466 shares, avg. $4.70$2.4MOct 1, 2026
Plus 8 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
Growth Forecast
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Compare DLH Holdings Corp with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Business Services · 229 stocks
Valuation Multiplesvs Specialty Business Services median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/S ratio by industry
- EBIT margin by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: Industrials
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Specialty Business Services stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Copart, Inc CPRT | $31.95 | $35.15 | +10% | vs DLHC |
| RB Global, Inc RBA | C$131.85 | C$145.04 | +10% | vs DLHC |
| Wolters Kluwer N.V WKL | €90.08 | €98.05 | +9% | vs DLHC |
| Global Payments Inc GPN | $97.40 | $87.83 | −10% | vs DLHC |
| Brambles Limited BXB | A$21.79 | A$19.10 | −12% | vs DLHC |
| Cintas Corporation CTAS | $222.36 | $188.90 | −15% | vs DLHC |
| Rentokil Initial plc RTO | $23.61 | $19.63 | −17% | vs DLHC |
| Thomson Reuters Corporation TRI | $112.57 | $70.75 | −37% | vs DLHC |
| Aramark ARMK | $52.54 | $23.04 | −56% | vs DLHC |
| UL Solutions Inc ULS | $78.65 | $33.46 | −57% | vs DLHC |
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Key figures of DLH Holdings Corp
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