DUG Technology Ltd

ASX:DUG Stock Report

Market Cap: AU$318.4m

DUG Technology Past Earnings Performance

Past criteria checks 3/6

DUG Technology has been growing earnings at an average annual rate of 56%, while the Software industry saw earnings growing at 14.6% annually. Revenues have been growing at an average rate of 16% per year. DUG Technology's return on equity is 0.9%, and it has net margins of 2.1%.

Key information

56.04%

Earnings growth rate

61.69%

EPS growth rate

Software Industry Growth22.05%
Revenue growth rate15.97%
Return on equity0.93%
Net Margin2.14%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Narrative Update May 04

DUG: Lower Multiple And Forecast Margins Will Shape Fairly Valued Outlook

Analysts have trimmed their fair value estimate for DUG Technology slightly to A$2.42 as revised assumptions for revenue growth, profit margins and future P/E expectations are incorporated into updated price targets. Valuation Changes Fair Value: Trimmed slightly from A$2.43 to A$2.42 per share.
Narrative Update Apr 20

DUG: Higher Discount Rate Will Still Support Future Upside Potential

Analysts have adjusted their price target on DUG Technology slightly lower to A$2.43 from A$2.52, reflecting updated views on the discount rate, revenue growth, profit margins and future P/E assumptions. Valuation Changes Fair Value: revised slightly lower from A$2.52 to A$2.43.
Narrative Update Apr 06

DUG: Lower Discount Rate Will Support Further Upside Potential

Analysts have lifted their price target on DUG Technology to A$2.52 from A$2.48, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. Valuation Changes Fair Value: A$2.48 to A$2.52, a slight upward adjustment reflecting refreshed model inputs.
Narrative Update Mar 23

DUG: Updated Growth Assumptions Will Support Further Upside Potential

Analysts have slightly adjusted their price target on DUG Technology to A$2.48 from A$2.48, reflecting updated assumptions around revenue growth, profit margins and future P/E without materially changing their overall valuation view. Valuation Changes Fair Value: A$2.48 is essentially unchanged, moving from A$2.48 to A$2.48 on updated inputs.
Narrative Update Mar 09

DUG: Higher Margin Assumptions Will Support Further Upside Potential

Analysts have adjusted their fair value estimate for DUG Technology from A$2.43 to A$2.48, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. Valuation Changes Fair Value: updated from A$2.43 to A$2.48, representing a small upward adjustment in the modelled estimate.
Narrative Update Feb 22

DUG: Refined Margin And P/E Assumptions Will Support Further Upside

Analysts have trimmed their price target for DUG Technology to A$2.43 from A$2.47, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E, which slightly adjust their view of the company’s risk and earnings profile. Valuation Changes Fair Value: Adjusted slightly lower from A$2.47 to A$2.43.
Narrative Update Feb 08

DUG: Higher Margin Outlook And Richer P/E Assumptions Will Support Upside

Analysts have lifted their price target on DUG Technology to A$2.47 from A$2.38, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. Valuation Changes Fair Value: Updated fair value per share moved from A$2.38 to A$2.47, a small uplift in the model output.
Narrative Update Jan 22

DUG: Higher Margin Outlook Will Support Future Upside Potential

Analysts have nudged their price target for DUG Technology slightly higher to reflect small adjustments to fair value, discount rate, revenue growth and profit margin assumptions, while also trimming the future P/E input. Valuation Changes Fair Value: Adjusted slightly from 2.38 to 2.38, reflecting a very small change in the model output.
Narrative Update Jan 08

DUG: Higher Margin Expectations Will Support Upside Despite Slightly Lower Fair Value Estimate

Analysts have trimmed their fair value estimate for DUG Technology from A$2.41 to A$2.38, reflecting slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E, while keeping their overall thesis intact. Valuation Changes Fair value estimate trimmed slightly from A$2.41 to A$2.38 per share.
Narrative Update Dec 15

DUG: Stronger Future Margins And Earnings Are Expected To Drive Upside

Narrative Update on DUG Technology The analyst price target for DUG Technology has been raised from approximately A$2.12 to A$2.41, as analysts now expect stronger revenue growth, modestly higher profit margins, and a slightly richer future price to earnings multiple. Valuation Changes The fair value estimate has risen moderately from A$2.12 to A$2.41 per share, reflecting a higher intrinsic valuation for DUG Technology.
Analysis Article Nov 13

Some DUG Technology Ltd (ASX:DUG) Shareholders Look For Exit As Shares Take 25% Pounding

The DUG Technology Ltd ( ASX:DUG ) share price has softened a substantial 25% over the previous 30 days, handing back...
Analysis Article Sep 22

DUG Technology Ltd (ASX:DUG) Stock Rockets 82% As Investors Are Less Pessimistic Than Expected

Despite an already strong run, DUG Technology Ltd ( ASX:DUG ) shares have been powering on, with a gain of 82% in the...
Narrative Update Sep 17

International Expansion And Imaging Technology Will Drive Future Success

The consensus price target for DUG Technology has risen to A$2.84, driven primarily by an improved revenue growth outlook and a higher forecast P/E multiple. Valuation Changes Summary of Valuation Changes for DUG Technology The Consensus Analyst Price Target has significantly risen from A$2.50 to A$2.84.
Analysis Article Aug 25

Analysts Have Been Trimming Their DUG Technology Ltd (ASX:DUG) Price Target After Its Latest Report

DUG Technology Ltd ( ASX:DUG ) missed earnings with its latest yearly results, disappointing overly-optimistic...
Narrative Update Aug 25

Global Rollout Of Nomad And Immersion Cooling Technologies Will Open New Market Opportunities

Despite an increase in consensus revenue growth forecasts for DUG Technology, a sharp rise in the future P/E ratio has outweighed this improvement, leading to a reduced fair value estimate from A$2.36 to A$2.19. Valuation Changes Summary of Valuation Changes for DUG Technology The Consensus Analyst Price Target has fallen from A$2.36 to A$2.19.
Analysis Article Aug 04

DUG Technology (ASX:DUG) Is Looking To Continue Growing Its Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Jun 23

DUG Technology Ltd's (ASX:DUG) Price Is Right But Growth Is Lacking After Shares Rocket 26%

The DUG Technology Ltd ( ASX:DUG ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article May 05

Little Excitement Around DUG Technology Ltd's (ASX:DUG) Revenues

With a price-to-sales (or "P/S") ratio of 1.6x DUG Technology Ltd ( ASX:DUG ) may be sending bullish signals at the...
Analysis Article Apr 08

The Return Trends At DUG Technology (ASX:DUG) Look Promising

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
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New Narrative Feb 09

Saudi Aramco Collaboration And Elastic MP-FWI Will Fuel Future Expansion

Middle East expansion and technology partnerships, like with Saudi Aramco, indicate potential revenue growth from high-margin projects.
Analysis Article Dec 12

DUG Technology Ltd's (ASX:DUG) 26% Cheaper Price Remains In Tune With Earnings

Unfortunately for some shareholders, the DUG Technology Ltd ( ASX:DUG ) share price has dived 26% in the last thirty...
Analysis Article Sep 24

DUG Technology Ltd (ASX:DUG) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless

DUG Technology Ltd ( ASX:DUG ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article Aug 13

Estimating The Intrinsic Value Of DUG Technology Ltd (ASX:DUG)

Key Insights Using the 2 Stage Free Cash Flow to Equity, DUG Technology fair value estimate is AU$3.20 DUG Technology's...
Analysis Article May 06

These 4 Measures Indicate That DUG Technology (ASX:DUG) Is Using Debt Reasonably Well

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Jan 23

DUG Technology Ltd's (ASX:DUG) Popularity With Investors Is Under Threat From Overpricing

When you see that almost half of the companies in the Software industry in Australia have price-to-sales ratios (or...
Analysis Article Aug 29

There's Been No Shortage Of Growth Recently For DUG Technology's (ASX:DUG) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Jul 14

Calculating The Fair Value Of DUG Technology Ltd (ASX:DUG)

Key Insights The projected fair value for DUG Technology is AU$1.34 based on 2 Stage Free Cash Flow to Equity DUG...
Analysis Article May 25

Market Cool On DUG Technology Ltd's (ASX:DUG) Revenues

With a price-to-sales (or "P/S") ratio of 2.1x DUG Technology Ltd ( ASX:DUG ) may be sending bullish signals at the...
Analysis Article Apr 27

Investors Will Want DUG Technology's (ASX:DUG) Growth In ROCE To Persist

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Analysis Article Apr 17

When Will DUG Technology Ltd (ASX:DUG) Become Profitable?

DUG Technology Ltd ( ASX:DUG ) is possibly approaching a major achievement in its business, so we would like to shine...

Revenue & Expenses Breakdown

How DUG Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:DUG Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2574210
30 Sep 2568-110
30 Jun 2563-410
31 Mar 2563-310
31 Dec 2464-210
30 Sep 2465010
30 Jun 2466310
31 Mar 2461310
31 Dec 2357410
30 Sep 2354410
30 Jun 2351510
31 Mar 2346210
31 Dec 2241-110
30 Sep 2237-510
30 Jun 2234-910
31 Mar 2234-1210
31 Dec 2133-1610
30 Sep 2136-1610
30 Jun 2138-1610
31 Mar 2139-1610
31 Dec 2041-1510
30 Sep 2043-1310
30 Jun 2045-1220
30 Jun 1952-300
30 Jun 1849-200

Quality Earnings: DUG has high quality earnings.

Growing Profit Margin: DUG became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DUG has become profitable over the past 5 years, growing earnings by 56% per year.

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

Earnings vs Industry: DUG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (16.2%).


Return on Equity

High ROE: DUG's Return on Equity (0.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 03:12
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

DUG Technology Ltd is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Allan FranklinCanaccord Genuity
Katherine ThompsonEdison Investment Research
Lindsay BettiolOrd Minnett Limited