Deterra Royalties Limited operates as a royalty investment company in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$3.98|
|52 Week High||AU$3.52|
|52 Week Low||AU$5.35|
|1 Month Change||2.58%|
|3 Month Change||-16.74%|
|1 Year Change||-13.48%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-13.48%|
Recent News & Updates
Deterra Royalties Limited (ASX:DRR) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Deterra Royalties Limited ( ASX:DRR ) just released its yearly report and things are looking bullish. The company beat...
|DRR||AU Metals and Mining||AU Market|
Return vs Industry: DRR underperformed the Australian Metals and Mining industry which returned 12.5% over the past year.
Return vs Market: DRR underperformed the Australian Market which returned 21.4% over the past year.
Stable Share Price: DRR is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: DRR's weekly volatility (5%) has been stable over the past year.
About the Company
Deterra Royalties Limited operates as a royalty investment company in Australia. The company’s principal asset is the Mining Area C Royalty, an iron ore located in the Pilbara, Western Australia. It is also involved in the management and acquisition of a portfolio of royalties across bulk commodities, base metals, and battery metals.
Deterra Royalties Fundamentals Summary
|DRR fundamental statistics|
Is DRR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DRR income statement (TTM)|
|Cost of Revenue||AU$4.97m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.18|
|Net Profit Margin||64.91%|
How did DRR perform over the long term?See historical performance and comparison
3.5%Current Dividend Yield
Is Deterra Royalties undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DRR (A$3.98) is trading above our estimate of fair value (A$3.3)
Significantly Below Fair Value: DRR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DRR is poor value based on its PE Ratio (22.3x) compared to the Australian Metals and Mining industry average (14.3x).
PE vs Market: DRR is poor value based on its PE Ratio (22.3x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: DRR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DRR is overvalued based on its PB Ratio (34.1x) compared to the AU Metals and Mining industry average (2.6x).
How is Deterra Royalties forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DRR's earnings are forecast to decline over the next 3 years (-4.2% per year).
Earnings vs Market: DRR's earnings are forecast to decline over the next 3 years (-4.2% per year).
High Growth Earnings: DRR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DRR's revenue is expected to decline over the next 3 years (-1.2% per year).
High Growth Revenue: DRR's revenue is forecast to decline over the next 3 years (-1.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DRR's Return on Equity is forecast to be very high in 3 years time (175.8%).
How has Deterra Royalties performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: DRR has high quality earnings.
Growing Profit Margin: DRR's current net profit margins (64.9%) are higher than last year (64%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if DRR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare DRR's past year earnings growth to its 5-year average.
Earnings vs Industry: DRR earnings growth over the past year (59.5%) exceeded the Metals and Mining industry 35.3%.
Return on Equity
High ROE: DRR's Return on Equity (152.7%) is considered outstanding.
How is Deterra Royalties's financial position?
Financial Position Analysis
Short Term Liabilities: DRR's short term assets (A$79.8M) exceed its short term liabilities (A$11.8M).
Long Term Liabilities: DRR's short term assets (A$79.8M) exceed its long term liabilities (A$15.5M).
Debt to Equity History and Analysis
Debt Level: DRR is debt free.
Reducing Debt: DRR has not had any debt for past 5 years.
Debt Coverage: DRR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DRR has no debt, therefore coverage of interest payments is not a concern.
What is Deterra Royalties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DRR's dividend (3.51%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: DRR's dividend (3.51%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether DRR's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DRR's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (78.3%), DRR's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DRR's dividends in 3 years are not forecast to be well covered by earnings (98% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Julian Andrews, B.Com (Hons), PhD, CFA, GAICD is the MD and Director at Deterra Royalties Limited since June 15, 2020 and its CEO since November 2, 2020. He served as Head of Business Development at Il...
CEO Compensation Analysis
Compensation vs Market: Julian's total compensation ($USD854.11K) is below average for companies of similar size in the Australian market ($USD1.38M).
Compensation vs Earnings: Insufficient data to compare Julian's compensation with company performance.
Experienced Management: DRR's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: DRR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DRR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: DRR only recently listed within the past 12 months.
Deterra Royalties Limited's employee growth, exchange listings and data sources
- Name: Deterra Royalties Limited
- Ticker: DRR
- Exchange: ASX
- Founded: 2020
- Industry: Steel
- Sector: Materials
- Market Cap: AU$2.098b
- Shares outstanding: 528.50m
- Website: https://deterraroyalties.com
- Deterra Royalties Limited
- 216 St Georges Terrace
- Level 5
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 07:04|
|End of Day Share Price||2021/10/22 00:00|
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.