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DBF

Duxton Broadacre FarmsASX:DBF Stock Report

Market Cap

AU$71.9m

7D

3.4%

1Y

39.5%

Updated

18 Oct, 2021

Data

Company Financials
DBF fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends1/6

DBF Overview

Duxton Broadacre Farms Limited primarily engages in the sowing and harvesting of dryland and irrigated crops in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Duxton Broadacre Farms
Historical stock prices
Current Share PriceAU$1.66
52 Week HighAU$1.10
52 Week LowAU$1.70
Beta0.11
1 Month Change5.73%
3 Month Change14.48%
1 Year Change39.50%
3 Year Change16.90%
5 Year Changen/a
Change since IPO5.06%

Recent News & Updates

Jul 05
Calculating The Fair Value Of Duxton Broadacre Farms Limited (ASX:DBF)

Calculating The Fair Value Of Duxton Broadacre Farms Limited (ASX:DBF)

Today we will run through one way of estimating the intrinsic value of Duxton Broadacre Farms Limited ( ASX:DBF ) by...

Mar 06
Robust Earnings May Not Tell The Whole Story For Duxton Broadacre Farms (ASX:DBF)

Robust Earnings May Not Tell The Whole Story For Duxton Broadacre Farms (ASX:DBF)

Duxton Broadacre Farms Limited ( ASX:DBF ) just released a solid earnings report, and the stock displayed some...

Mar 05
How Many Duxton Broadacre Farms Limited (ASX:DBF) Shares Did Insiders Buy, In The Last Year?

How Many Duxton Broadacre Farms Limited (ASX:DBF) Shares Did Insiders Buy, In The Last Year?

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...

Shareholder Returns

DBFAU FoodAU Market
7D3.4%-0.1%1.7%
1Y39.5%0.8%20.3%

Return vs Industry: DBF exceeded the Australian Food industry which returned 1.5% over the past year.

Return vs Market: DBF exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is DBF's price volatile compared to industry and market?
DBF volatility
DBF Beta0.11
Industry Beta0.54
Market Beta1

Stable Share Price: DBF is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: DBF's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008n/an/ahttps://www.duxtonbroadacre.com

Duxton Broadacre Farms Limited primarily engages in the sowing and harvesting of dryland and irrigated crops in Australia. The company is also involved in the infrastructure maintenance and upgrade; trading and breeding of livestock; and sale of grains, pulses, and lucerne. Its products include hay, cotton, chickpea, wheat, barley, and field peas, as well as cattle, sheep, and wool.

Duxton Broadacre Farms Fundamentals Summary

How do Duxton Broadacre Farms's earnings and revenue compare to its market cap?
DBF fundamental statistics
Market CapAU$71.92m
Earnings (TTM)AU$972.00k
Revenue (TTM)AU$17.84m

74.0x

P/E Ratio

4.0x

P/S Ratio


Dividends

3.7%

Current Dividend Yield

274%

Payout Ratio

Valuation

Is Duxton Broadacre Farms undervalued compared to its fair value and its price relative to the market?

6.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DBF (A$1.66) is trading below our estimate of fair value (A$1.77)

Significantly Below Fair Value: DBF is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: DBF is poor value based on its PE Ratio (74x) compared to the Australian Food industry average (19.3x).

PE vs Market: DBF is poor value based on its PE Ratio (74x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DBF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DBF is good value based on its PB Ratio (0.8x) compared to the AU Food industry average (1.6x).


Future Growth

How is Duxton Broadacre Farms forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.7%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Duxton Broadacre Farms has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Duxton Broadacre Farms performed over the past 5 years?

32.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DBF has high quality earnings.

Growing Profit Margin: DBF became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: DBF has become profitable over the past 5 years, growing earnings by 32% per year.

Accelerating Growth: DBF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: DBF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (45.2%).


Return on Equity

High ROE: DBF's Return on Equity (1.1%) is considered low.


Financial Health

How is Duxton Broadacre Farms's financial position?


Financial Position Analysis

Short Term Liabilities: DBF's short term assets (A$18.3M) exceed its short term liabilities (A$7.3M).

Long Term Liabilities: DBF's short term assets (A$18.3M) do not cover its long term liabilities (A$31.3M).


Debt to Equity History and Analysis

Debt Level: DBF's debt to equity ratio (27.9%) is considered satisfactory.

Reducing Debt: DBF's debt to equity ratio has increased from 17.5% to 27.9% over the past 5 years.

Debt Coverage: DBF's debt is not well covered by operating cash flow (14.8%).

Interest Coverage: DBF's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Dividend

What is Duxton Broadacre Farms's current dividend yield, its reliability and sustainability?

3.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DBF's dividend (3.73%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: DBF's dividend (3.73%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether DBF's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if DBF's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (273.9%), DBF's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Duxton Broadacre Farms has no CEO, or we have no data on them.


Leadership Team

Experienced Management: DBF's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: DBF's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Duxton Broadacre Farms Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Duxton Broadacre Farms Limited
  • Ticker: DBF
  • Exchange: ASX
  • Founded: 2008
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$71.925m
  • Shares outstanding: 43.33m
  • Website: https://www.duxtonbroadacre.com

Location

  • Duxton Broadacre Farms Limited
  • Duxton House
  • 7 Pomona Road
  • Stirling
  • South Australia
  • 5152
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:38
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.