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DBF

Duxton Farms ASX:DBF Stock Report

Last Price

AU$1.82

Market Cap

AU$75.8m

7D

-6.0%

1Y

25.2%

Updated

07 Aug, 2022

Data

Company Financials
DBF fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends1/6

DBF Stock Overview

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

Duxton Farms Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Duxton Farms
Historical stock prices
Current Share PriceAU$1.82
52 Week HighAU$1.95
52 Week LowAU$1.40
Beta0.066
1 Month Change-1.89%
3 Month Change-0.82%
1 Year Change25.17%
3 Year Change48.77%
5 Year Changen/a
Change since IPO14.87%

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...

Shareholder Returns

DBFAU FoodAU Market
7D-6.0%1.6%1.0%
1Y25.2%-11.4%-7.9%

Return vs Industry: DBF exceeded the Australian Food industry which returned -11.4% over the past year.

Return vs Market: DBF exceeded the Australian Market which returned -7.9% over the past year.

Price Volatility

Is DBF's price volatile compared to industry and market?
DBF volatility
DBF Average Weekly Movement4.6%
Food Industry Average Movement6.7%
Market Average Movement10.6%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market4.7%

Stable Share Price: DBF is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: DBF's weekly volatility (5%) has been stable over the past year.

About the Company

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

Duxton Farms Ltd 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 Farms Fundamentals Summary

How do Duxton Farms's earnings and revenue compare to its market cap?
DBF fundamental statistics
Market CapAU$75.85m
Earnings (TTM)-AU$3.04m
Revenue (TTM)AU$17.22m

4.4x

P/S Ratio

-24.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DBF income statement (TTM)
RevenueAU$17.22m
Cost of RevenueAU$14.47m
Gross ProfitAU$2.75m
Other ExpensesAU$5.80m
Earnings-AU$3.04m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.073
Gross Margin15.98%
Net Profit Margin-17.68%
Debt/Equity Ratio27.0%

How did DBF perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

0%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is DBF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DBF?

Other financial metrics that can be useful for relative valuation.

DBF key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue6.1x
Enterprise Value/EBITDA-30.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does DBF's PS Ratio compare to its peers?

DBF PS Ratio vs Peers
The above table shows the PS ratio for DBF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average5.3x
AHF Australian Dairy Nutritionals Group
2.3xn/aAU$41.7m
LGL Lynch Group Holdings
0.9x8.0%AU$293.0m
TSN Sustainable Nutrition Group
6.2xn/aAU$16.9m
WOA Wide Open Agriculture
11.8x56.1%AU$76.8m
DBF Duxton Farms
4.4xn/aAU$75.8m

Price-To-Sales vs Peers: DBF is good value based on its Price-To-Sales Ratio (4.4x) compared to the peer average (5.3x).


Price to Earnings Ratio vs Industry

How does DBF's PE Ratio compare vs other companies in the AU Food Industry?

Price-To-Sales vs Industry: DBF is expensive based on its Price-To-Sales Ratio (4.4x) compared to the Australian Food industry average (1.6x)


Price to Sales Ratio vs Fair Ratio

What is DBF's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DBF PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate DBF's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of DBF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DBF (A$1.82) is trading above our estimate of fair value (A$0.77)

Significantly Below Fair Value: DBF is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.4%

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 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.


Discover growth companies

  • Duxton Farms competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Duxton Farms performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


30.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DBF is currently unprofitable.

Growing Profit Margin: DBF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DBF is unprofitable, but has reduced losses over the past 5 years at a rate of 30.3% per year.

Accelerating Growth: Unable to compare DBF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DBF is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (82.3%).


Return on Equity

High ROE: DBF has a negative Return on Equity (-2.8%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Duxton Farms's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: DBF's short term assets (A$18.6M) exceed its short term liabilities (A$7.3M).

Long Term Liabilities: DBF's short term assets (A$18.6M) do not cover its long term liabilities (A$38.6M).


Debt to Equity History and Analysis

Debt Level: DBF's net debt to equity ratio (25.5%) is considered satisfactory.

Reducing Debt: DBF's debt to equity ratio has increased from 14.4% to 27% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: DBF has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: DBF has less than a year of cash runway if free cash flow continues to grow at historical rates of 7% each year.


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Dividend

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

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.42%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: DBF's dividend (3.42%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).

High Dividend: DBF's dividend (3.42%) is low compared to the top 25% of dividend payers in the Australian market (6.24%).


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.


Earnings Payout to Shareholders

Earnings Coverage: Unable to calculate sustainability of dividends as DBF has not reported any payouts.


Cash Payout to Shareholders

Cash Flow Coverage: DBF is paying a dividend but the company has no free cash flows.


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Management

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

3.4yrs

Average management tenure


CEO

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


Leadership Team

Experienced Management: DBF's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: DBF's board of directors are considered experienced (4.9 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.


Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Duxton Farms Ltd
  • Ticker: DBF
  • Exchange: ASX
  • Founded: 2008
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: AU$75.848m
  • Shares outstanding: 41.79m
  • Website: https://www.duxtonfarms.com

Location

  • Duxton Farms Ltd
  • 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 Analysis2022/08/07 00:00
End of Day Share Price2022/08/05 00:00
Earnings2021/12/31
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.