Duxton Water Limited provides water supply solutions through its water entitlements.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.41|
|52 Week High||AU$1.30|
|52 Week Low||AU$1.48|
|1 Month Change||0.71%|
|3 Month Change||3.30%|
|1 Year Change||5.22%|
|3 Year Change||4.06%|
|5 Year Change||35.58%|
|Change since IPO||28.18%|
Recent News & Updates
Estimating The Intrinsic Value Of Duxton Water Limited (ASX:D2O)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Duxton Water Limited...
With EPS Growth And More, Duxton Water (ASX:D2O) Is Interesting
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Should Duxton Water Limited (ASX:D2O) Be Part Of Your Dividend Portfolio?
Today we'll take a closer look at Duxton Water Limited ( ASX:D2O ) from a dividend investor's perspective. Owning a...
|D2O||AU Water Utilities||AU Market|
Return vs Industry: D2O underperformed the Australian Water Utilities industry which returned 9.3% over the past year.
Return vs Market: D2O underperformed the Australian Market which returned 27.3% over the past year.
Stable Share Price: D2O is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: D2O's weekly volatility (3%) has been stable over the past year.
About the Company
Duxton Water Limited provides water supply solutions through its water entitlements. It serves various agricultural industries, including dairy, viticulture, citrus, broadacre, olives, nut production, and dried fruit. The company was incorporated in 2016 and is based in Stirling, Australia.
Is Duxton Water undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: D2O (A$1.41) is trading below our estimate of fair value (A$1.64)
Significantly Below Fair Value: D2O is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: D2O is good value based on its PE Ratio (11.2x) compared to the Global Water Utilities industry average (16x).
PE vs Market: D2O is good value based on its PE Ratio (11.2x) compared to the Australian market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate D2O's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: D2O is good value based on its PB Ratio (1.2x) compared to the XX Water Utilities industry average (1.5x).
How is Duxton Water forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Utilities 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 Water 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.
How has Duxton Water performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: D2O has a large one-off gain of A$5.5M impacting its June 30 2021 financial results.
Growing Profit Margin: D2O's current net profit margins (39.9%) are higher than last year (1.1%).
Past Earnings Growth Analysis
Earnings Trend: D2O's earnings have grown significantly by 37.6% per year over the past 5 years.
Accelerating Growth: D2O's earnings growth over the past year (2594.1%) exceeds its 5-year average (37.6% per year).
Earnings vs Industry: D2O earnings growth over the past year (2594.1%) exceeded the Water Utilities industry 13.8%.
Return on Equity
High ROE: D2O's Return on Equity (10.6%) is considered low.
How is Duxton Water's financial position?
Financial Position Analysis
Short Term Liabilities: D2O's short term assets (A$11.5M) exceed its short term liabilities (A$1.8M).
Long Term Liabilities: D2O's short term assets (A$11.5M) do not cover its long term liabilities (A$106.8M).
Debt to Equity History and Analysis
Debt Level: D2O's debt to equity ratio (74.7%) is considered high.
Reducing Debt: Insufficient data to determine if D2O's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: D2O's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: D2O's interest payments on its debt are well covered by EBIT (12.7x coverage).
What is Duxton Water current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: D2O's dividend (4.4%) is higher than the bottom 25% of dividend payers in the Australian market (2.33%).
High Dividend: D2O's dividend (4.4%) is low compared to the top 25% of dividend payers in the Australian market (5.26%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, D2O has been paying a dividend for less than 10 years.
Growing Dividend: D2O's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.8%), D2O's dividend payments are 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Duxton Water has no CEO, or we have no data on them.
Experienced Board: D2O's board of directors are considered experienced (4 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Duxton Water Limited's employee growth, exchange listings and data sources
- Name: Duxton Water Limited
- Ticker: D2O
- Exchange: ASX
- Founded: 2016
- Industry: Water Utilities
- Sector: Utilities
- Market Cap: AU$168.974m
- Shares outstanding: 119.84m
- Website: https://www.duxtonwater.com.au
- Duxton Water Limited
- Duxton House
- 7 Pomona Road
- South Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 15:37|
|End of Day Share Price||2021/09/16 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.