Dyno Nobel (DNL) Stock Overview
Manufactures and distributes industrial explosives, chemicals, and fertilizers in the United States and Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
DNL Community Fair Values
Create NarrativeSee what 30 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Dyno Nobel Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$3.68 |
| 52 Week High | AU$3.72 |
| 52 Week Low | AU$2.60 |
| Beta | 0.36 |
| 1 Month Change | 13.58% |
| 3 Month Change | 12.88% |
| 1 Year Change | 40.46% |
| 3 Year Change | 21.45% |
| 5 Year Change | 59.31% |
| Change since IPO | 406.89% |
Recent News & Updates
Narrative Update • May 20
DNL: Lower Discount Rate And Dividend Payout Will Support Measured Return Outlook
Analysts have raised their price target on Dyno Nobel to A$3.61 from A$3.43, reflecting updated assumptions that include a slightly lower discount rate, a modestly higher profit margin and a reduced future P/E multiple, even as forecast revenue growth is marked down a touch. What's in the News Dyno Nobel declared an ordinary dividend of A$0.046 per share for the six months ended March 31, 2026, providing cash returns to shareholders for this period (Key Developments).Analysis Article • May 19
Dyno Nobel's (ASX:DNL) Performance Is Even Better Than Its Earnings Suggest
Dyno Nobel Limited ( ASX:DNL ) recently posted some strong earnings, and the market responded positively. We did some...Recent updates
Narrative Update • May 20
DNL: Lower Discount Rate And Dividend Payout Will Support Measured Return Outlook
Analysts have raised their price target on Dyno Nobel to A$3.61 from A$3.43, reflecting updated assumptions that include a slightly lower discount rate, a modestly higher profit margin and a reduced future P/E multiple, even as forecast revenue growth is marked down a touch. What's in the News Dyno Nobel declared an ordinary dividend of A$0.046 per share for the six months ended March 31, 2026, providing cash returns to shareholders for this period (Key Developments).Analysis Article • May 19
Dyno Nobel's (ASX:DNL) Performance Is Even Better Than Its Earnings Suggest
Dyno Nobel Limited ( ASX:DNL ) recently posted some strong earnings, and the market responded positively. We did some...Narrative Update • Apr 27
DNL: Slightly Higher P/E Assumptions Will Support A Measured Return Outlook
Analysts have nudged their price target on Dyno Nobel slightly higher to A$21.10 from A$20.90, citing a small adjustment in discount rate assumptions and updated expectations around revenue trends, profit margins, and future P/E levels. Valuation Changes Fair Value: A$3.43 is unchanged, indicating no revision to the core valuation estimate.Narrative Update • Apr 11
DNL: Refined Discount Rate And P/E Framework Will Support Measured Future Return Profile
Analysts have raised their A$ price target for Dyno Nobel by A$X.X0, citing updated assumptions for the discount rate, profit margin and future P/E that, in their view, better reflect the company’s current risk profile and earnings power. Analyst Commentary Bullish Takeaways Bullish analysts see the higher A$ price target as more aligned with their revised discount rate and earnings assumptions, which they view as better capturing Dyno Nobel’s current risk profile.Narrative Update • Mar 28
DNL: Refined Discount Rate And P/E Assumptions Will Guide Balanced Return Outlook
Analysts have lifted their A$ price target on Dyno Nobel by A$X to A$Y. This reflects updated assumptions around discount rates, revenue growth, profit margins and a slightly higher future P/E multiple following recent research updates.Narrative Update • Mar 13
DNL: Expanded Buyback And Jefferies Upgrade Will Support Forward P/E Repricing
Analysts have trimmed their A$ price target for Dyno Nobel, reflecting slightly lower fair value and margin assumptions, along with updated views on revenue trends and future P/E multiples following recent research, including the Jefferies upgrade rationale. Analyst Commentary Bullish Takeaways Bullish analysts see the revised A$ price targets as still offering some upside relative to their updated fair value work, even after trimming assumptions.Narrative Update • Feb 27
DNL: Buyback Expansion And Refined P/E Assumptions Will Shape Future Rating Balance
Analysts have lifted their A$ fair value estimate for Dyno Nobel by A$0.00, citing modest adjustments to the discount rate and P/E assumptions following the recent upgrade in Street research coverage. Analyst Commentary Bullish Takeaways Bullish analysts see the recent upgrade in research coverage as a signal that the market is paying closer attention to Dyno Nobel's earnings profile and P/E assumptions, which can support a more confident fair value framework.Narrative Update • Feb 11
DNL: Buybacks And P/E Assumptions Will Shape Balanced Rating Outlook
Analyst price targets for Dyno Nobel have been revised to A$3.59 from A$3.35. Analysts point to updated assumptions around discount rates, profit margins and future P/E as key reasons for the change.Narrative Update • Jan 27
DNL: Buybacks And Dividends Will Support Mixed Rating Outlook
Dyno Nobel's analyst price target has been revised slightly higher to A$3.59 from A$3.54, as analysts factor in modest adjustments to fair value, discount rate, revenue growth, profit margin and future P/E assumptions following recent mixed rating actions. Analyst Commentary Bullish Takeaways Bullish analysts are comfortable lifting fair value assumptions slightly, which supports the higher A$3.59 price target and reflects some confidence in Dyno Nobel's ability to execute against current forecasts.Narrative Update • Jan 12
DNL: Neutral View Suggests Buybacks And Dividends Will Steady Future Returns
Narrative Update: Dyno Nobel Analyst Target Revision Analysts have lowered their price target for Dyno Nobel to A$3.35 from A$3.54, citing valuation as the key driver of the updated view. Analyst Commentary Analyst commentary around Dyno Nobel is centered on valuation, with the recent move to a Neutral stance and a A$3.35 price target suggesting that, in their view, the share price now more closely reflects fundamentals.Analysis Article • Jan 09
Insufficient Growth At Dyno Nobel Limited (ASX:DNL) Hampers Share Price
Dyno Nobel Limited's ( ASX:DNL ) price-to-sales (or "P/S") ratio of 1.6x might make it look like a strong buy right now...Analysis Article • Dec 22
Dyno Nobel Limited (ASX:DNL) Shares Could Be 30% Below Their Intrinsic Value Estimate
Key Insights Using the 2 Stage Free Cash Flow to Equity, Dyno Nobel fair value estimate is AU$4.68 Dyno Nobel is...Narrative Update • Dec 18
DNL: Share Buyback And Dividend Policy Will Support Future Upside Potential
Analysts cut their price target on Dyno Nobel by A$0.08 to A$3.35. This reflects a more cautious stance on valuation despite only modest tweaks to growth and discount rate assumptions.Analysis Article • Dec 05
Dyno Nobel (ASX:DNL) Has A Pretty Healthy Balance Sheet
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Dec 04
DNL: Dividend Payout And Neutral Rating Will Shape Steady Near Term Outlook
Analysts have modestly lowered their price target on Dyno Nobel to A$3.35 from A$3.54, citing valuation concerns following its recent outperformance. Analyst Commentary Analysts note that the downgrade to Neutral is primarily driven by valuation following Dyno Nobel's recent share price strength, rather than a material deterioration in fundamentals.Narrative Update • Nov 20
DNL: Dividend Declaration and Forecast Metrics Signal Steady Outlook Ahead
Dyno Nobel's analyst price target has been revised upward from $3.30 to $3.51. This change reflects increased optimism from analysts based on improved revenue growth projections and slightly higher expected profit margins.Narrative Update • Nov 05
DNL: Fair Value Estimate Will Remain Stable Amid Slight Forecast Adjustments
Analysts have raised their price target for Dyno Nobel slightly, from $3.29 to $3.30. They cite modest improvements in revenue growth expectations and a marginally lower discount rate in their updated forecasts.Narrative Update • Oct 22
Analysts Lift Dyno Nobel Price Target as Valuation Edges Up Despite Lower Growth
Analysts have raised their price target for Dyno Nobel slightly to $3.29 from $3.28, citing updated discount rates and revised growth expectations. Valuation Changes Fair Value has increased marginally, moving from A$3.28 to A$3.29 per share.Narrative Update • Oct 08
Dyno Nobel Asia Pacific's Record Earnings And Advanced Technology To Drive Global Explosives Leadership
Analysts have raised their price target for Dyno Nobel from $3.06 to $3.28. This reflects improved profit margin projections and a slightly lower discount rate, despite expectations for reduced revenue growth.Narrative Update • Sep 24
Dyno Nobel Asia Pacific's Record Earnings And Advanced Technology To Drive Global Explosives Leadership
Dyno Nobel's consensus analyst price target has increased to A$3.06, primarily reflecting a higher future P/E multiple, despite revenue growth forecasts remaining largely unchanged. Valuation Changes Summary of Valuation Changes for Dyno Nobel The Consensus Analyst Price Target has risen slightly from A$2.98 to A$3.06.Analysis Article • Sep 06
Dyno Nobel Limited's (ASX:DNL) Intrinsic Value Is Potentially 45% Above Its Share Price
Key Insights Dyno Nobel's estimated fair value is AU$4.32 based on 2 Stage Free Cash Flow to Equity Dyno Nobel is...Analysis Article • Aug 15
Dyno Nobel Limited's (ASX:DNL) Low P/S No Reason For Excitement
ASX:DNL 1 Year Share Price vs Fair Value Explore Dyno Nobel's Fair Values from the Community and select yours Dyno...New Narrative • Aug 03
Pure Explosives Focus And Global Expansion Will Drive Success
Refocusing on core explosives business and leveraging advanced technologies is expected to drive higher margins, improved capital efficiency, and sustained earnings growth.Analysis Article • Jul 23
Dyno Nobel (ASX:DNL) Seems To Use Debt Quite Sensibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • May 14
Dyno Nobel (ASX:DNL) Is Paying Out Less In Dividends Than Last Year
The board of Dyno Nobel Limited ( ASX:DNL ) has announced that the dividend on 3rd of July will be reduced by 44% from...Analysis Article • Feb 13
Does Incitec Pivot (ASX:IPL) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Jan 20
Incitec Pivot Limited's (ASX:IPL) Prospects Need A Boost To Lift Shares
Incitec Pivot Limited's ( ASX:IPL ) price-to-sales (or "P/S") ratio of 1x might make it look like a strong buy right...
New Narrative • Dec 19
Dyno Nobel Asia Pacific's Record Earnings And Advanced Technology To Drive Global Explosives Leadership
Incitec Pivot's strategy to lead in global explosives aims to double earnings through advanced technology, affecting revenue and growth.Analysis Article • Nov 15
Incitec Pivot (ASX:IPL) Will Pay A Larger Dividend Than Last Year At A$0.063
Incitec Pivot Limited ( ASX:IPL ) will increase its dividend from last year's comparable payment on the 18th of...Analysis Article • Oct 07
Incitec Pivot Limited's (ASX:IPL) Business And Shares Still Trailing The Industry
You may think that with a price-to-sales (or "P/S") ratio of 1.1x Incitec Pivot Limited ( ASX:IPL ) is definitely a...Analysis Article • Aug 28
Is Incitec Pivot (ASX:IPL) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Jun 14
Incitec Pivot Limited's (ASX:IPL) Business And Shares Still Trailing The Industry
With a price-to-sales (or "P/S") ratio of 1.1x Incitec Pivot Limited ( ASX:IPL ) may be sending very bullish signals at...Analysis Article • May 24
Incitec Pivot's (ASX:IPL) Dividend Will Be Reduced To A$0.043
Incitec Pivot Limited's ( ASX:IPL ) dividend is being reduced from last year's payment covering the same period to...Analysis Article • Feb 06
An Intrinsic Calculation For Incitec Pivot Limited (ASX:IPL) Suggests It's 41% Undervalued
Key Insights The projected fair value for Incitec Pivot is AU$4.55 based on 2 Stage Free Cash Flow to Equity Incitec...Analysis Article • Jan 16
Incitec Pivot Limited's (ASX:IPL) Earnings Haven't Escaped The Attention Of Investors
There wouldn't be many who think Incitec Pivot Limited's ( ASX:IPL ) price-to-earnings (or "P/E") ratio of 19.3x is...Analysis Article • Dec 01
Incitec Pivot's (ASX:IPL) Shareholders Will Receive A Smaller Dividend Than Last Year
Incitec Pivot Limited's ( ASX:IPL ) dividend is being reduced from last year's payment covering the same period to...Analysis Article • Nov 17
Incitec Pivot's (ASX:IPL) Dividend Will Be Reduced To A$0.05
Incitec Pivot Limited's ( ASX:IPL ) dividend is being reduced from last year's payment covering the same period to...Analysis Article • Nov 10
Here's Why We Think Incitec Pivot (ASX:IPL) Is Well Worth Watching
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Sep 01
A Look At The Intrinsic Value Of Incitec Pivot Limited (ASX:IPL)
Key Insights Incitec Pivot's estimated fair value is AU$3.33 based on 2 Stage Free Cash Flow to Equity With AU$3.01...Analysis Article • Jun 27
Incitec Pivot (ASX:IPL) Seems To Use Debt Quite Sensibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • May 18
Incitec Pivot (ASX:IPL) Is Looking To Continue Growing Its Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • May 04
Incitec Pivot Limited's (ASX:IPL) Intrinsic Value Is Potentially 33% Above Its Share Price
Key Insights Using the 2 Stage Free Cash Flow to Equity, Incitec Pivot fair value estimate is AU$4.17 Current share...Shareholder Returns
| DNL | AU Chemicals | AU Market | |
|---|---|---|---|
| 7D | -0.3% | -0.5% | 0.08% |
| 1Y | 40.5% | 21.1% | 3.1% |
Return vs Industry: DNL exceeded the Australian Chemicals industry which returned 21.1% over the past year.
Return vs Market: DNL exceeded the Australian Market which returned 3.1% over the past year.
Price Volatility
| DNL volatility | |
|---|---|
| DNL Average Weekly Movement | 5.1% |
| Chemicals Industry Average Movement | 12.7% |
| Market Average Movement | 10.4% |
| 10% most volatile stocks in AU Market | 17.6% |
| 10% least volatile stocks in AU Market | 4.4% |
Stable Share Price: DNL has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: DNL's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1831 | 5,500 | Mauro de Moraes | www.dynonobel.com.au |
Dyno Nobel Limited, together with its subsidiaries, manufactures and distributes industrial explosives, chemicals, and fertilizers in the United States and Australia. It offers packaged explosives, including Powermite, a cartridge explosive; and Dynosplit for pre-split applications, as well as ammonium nitrates. The company also provides initiation systems, such as BlastWeb II, an underground blasting system; CE4 Commander Blasting System and DigiShot Plus.4G, an electronic blasting systems; and electronic detonators, such as DigiShot, DigiShot Plus, DigiShot Plus.4G, and GeoShot for a range of applications, such as surface and underground mining, quarrying, and construction, as well as bulk technologies under TITAN series and software products, such as ViewShot 3D, DIFFERENTIAL ENERGY2, and Nobel Fire.
Dyno Nobel Limited Fundamentals Summary
| DNL fundamental statistics | |
|---|---|
| Market cap | AU$6.46b |
| Earnings (TTM) | AU$255.40m |
| Revenue (TTM) | AU$3.91b |
25.3x
P/E Ratio1.7x
P/S RatioIs DNL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DNL income statement (TTM) | |
|---|---|
| Revenue | AU$3.91b |
| Cost of Revenue | AU$1.68b |
| Gross Profit | AU$2.22b |
| Other Expenses | AU$1.97b |
| Earnings | AU$255.40m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Nov 09, 2026
| Earnings per share (EPS) | 0.15 |
| Gross Margin | 56.90% |
| Net Profit Margin | 6.54% |
| Debt/Equity Ratio | 34.8% |
How did DNL perform over the long term?
See historical performance and comparisonDividends
3.2%
Current Dividend Yield100%
Payout RatioDoes DNL pay a reliable dividends?
See DNL dividend history and benchmarks| Dyno Nobel dividend dates | |
|---|---|
| Ex Dividend Date | Jun 12 2026 |
| Dividend Pay Date | Jul 02 2026 |
| Days until Ex dividend | 18 days |
| Days until Dividend pay date | 38 days |
Does DNL pay a reliable dividends?
See DNL dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/24 23:48 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Dyno Nobel Limited is covered by 35 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Matthew Kratochvil | Alliance Global Partners |
| Josh Kannourakis | Barrenjoey Markets Pty Limited |
| Brook Campbell-Crawford | Barrenjoey Markets Pty Limited |