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Duxton Water

ASX:D2O
Snowflake Description

Mediocre balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
D2O
ASX
A$149M
Market Cap
  1. Home
  2. AU
  3. Utilities
Company description

Duxton Water Limited provides water supply solutions through its water entitlements. The last earnings update was 37 days ago. More info.


Add to Portfolio Compare Print
  • Duxton Water has significant price volatility in the past 3 months.
D2O Share Price and Events
7 Day Returns
1.6%
ASX:D2O
-4.6%
Global Water Utilities
5%
AU Market
1 Year Returns
-21.9%
ASX:D2O
-6%
Global Water Utilities
-19.2%
AU Market
D2O Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Duxton Water (D2O) 1.6% -12.9% -12.3% -21.9% 17.9% -
Global Water Utilities -4.6% -15.2% -11.9% -6% -6.8% -6.7%
AU Market 5% -20.3% -25.8% -19.2% -16.8% -17.5%
1 Year Return vs Industry and Market
  • D2O underperformed the Water Utilities industry which returned -6% over the past year.
  • D2O underperformed the Market in Australia which returned -19.2% over the past year.
Price Volatility
D2O
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Duxton Water undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Duxton Water to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Duxton Water.

ASX:D2O Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in AUD A$ 0.059
Payout Ratio Company Filings (2019-12-31) 5693.6%
Discount Rate (Cost of Equity) See below 5.4%
Perpetual Growth Rate 10-Year AU Government Bond Rate 1.1%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:D2O
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 1.1%
Equity Risk Premium S&P Global 5.4%
Water Utilities Unlevered Beta Simply Wall St/ S&P Global 0.44
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.437 (1 + (1- 30%) (63.25%))
0.333
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.08% + (0.8 * 5.44%)
5.43%

Discounted Cash Flow Calculation for ASX:D2O using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Duxton Water is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

ASX:D2O Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= A$0.06 / (5.43% - 1.08%)
A$1.36
ASX:D2O Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$1.36
Current discount Discount to share price of A$1.25
= -1 x (A$1.25 - A$1.36) / A$1.36
7.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Duxton Water is available for.
Intrinsic value
8%
Share price is A$1.25 vs Future cash flow value of A$1.36
Current Discount Checks
For Duxton Water to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Duxton Water's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Duxton Water's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Duxton Water's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Duxton Water's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:D2O PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$0.06
ASX:D2O Share Price ** ASX (2020-04-03) in AUD A$1.25
Global Water Utilities Industry PE Ratio Median Figure of 81 Publicly-Listed Water Utilities Companies 15.28x
Australia Market PE Ratio Median Figure of 515 Publicly-Listed Companies 12.99x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Duxton Water.

ASX:D2O PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:D2O Share Price ÷ EPS (both in AUD)

= 1.25 ÷ 0.06

19.67x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Duxton Water is overvalued based on earnings compared to the Global Water Utilities industry average.
  • Duxton Water is overvalued based on earnings compared to the Australia market.
Price based on expected Growth
Does Duxton Water's expected growth come at a high price?
Raw Data
ASX:D2O PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.67x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
6.6%per year
Global Water Utilities Industry PEG Ratio Median Figure of 36 Publicly-Listed Water Utilities Companies 1.79x
Australia Market PEG Ratio Median Figure of 336 Publicly-Listed Companies 1x

*Line of best fit is calculated by linear regression .

ASX:D2O PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 19.67x ÷ 6.6%

2.97x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Duxton Water is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Duxton Water's assets?
Raw Data
ASX:D2O PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$1.19
ASX:D2O Share Price * ASX (2020-04-03) in AUD A$1.25
Global Water Utilities Industry PB Ratio Median Figure of 91 Publicly-Listed Water Utilities Companies 1.15x
Australia Market PB Ratio Median Figure of 1,614 Publicly-Listed Companies 1.24x
ASX:D2O PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:D2O Share Price ÷ Book Value per Share (both in AUD)

= 1.25 ÷ 1.19

1.05x

* Primary Listing of Duxton Water.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Duxton Water is good value based on assets compared to the Global Water Utilities industry average.
X
Value checks
We assess Duxton Water's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Water Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Water Utilities industry average (and greater than 0)? (1 check)
  5. Duxton Water has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Duxton Water expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Duxton Water expected to grow at an attractive rate?
  • Duxton Water's earnings growth is expected to exceed the low risk savings rate of 1.1%.
Growth vs Market Checks
  • Duxton Water's earnings growth is positive but not above the Australia market average.
  • Duxton Water's revenues are expected to decrease over the next 1-3 years, this is below the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:D2O Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:D2O Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 6.6%
ASX:D2O Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -40.2%
Global Water Utilities Industry Earnings Growth Rate Market Cap Weighted Average 9.8%
Global Water Utilities Industry Revenue Growth Rate Market Cap Weighted Average 8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 10.2%
Australia Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:D2O Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:D2O Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 32 9 9 1
2021-12-31 33 9 9 1
2020-12-31 48 8 8 1
2020-04-04
ASX:D2O Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 96 25 7
2019-09-30 91 11 8
2019-06-30 85 -2 9
2019-03-31 57 -8 8
2018-12-31 28 -14 7
2018-09-30 19 -7 5
2018-06-30 10 0 2
2018-03-31 7 1 2
2017-12-31 4 2 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Duxton Water's earnings are expected to grow by 6.6% yearly, however this is not considered high growth (20% yearly).
  • Duxton Water's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:D2O Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Duxton Water Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:D2O Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.07 0.07 0.07 1.00
2021-12-31 0.08 0.08 0.08 1.00
2020-12-31 0.06 0.06 0.06 1.00
2020-04-04
ASX:D2O Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 0.06
2019-09-30 0.07
2019-06-30 0.08
2019-03-31 0.08
2018-12-31 0.09
2018-09-30 0.06
2018-06-30 0.03
2018-03-31 0.03
2017-12-31 0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Duxton Water is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Duxton Water's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Global market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Duxton Water has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Duxton Water performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Duxton Water's growth in the last year to its industry (Water Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Duxton Water's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Duxton Water's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Duxton Water's earnings growth has not exceeded the Global Water Utilities industry average in the past year (2.2% vs 5.5%).
Earnings and Revenue History
Duxton Water's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Duxton Water Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:D2O Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 96.45 7.43 6.95
2019-09-30 90.68 8.03 5.36
2019-06-30 84.90 8.63 3.78
2019-03-31 56.56 7.95 3.59
2018-12-31 28.21 7.27 3.41
2018-09-30 19.26 4.77 2.63
2018-06-30 10.32 2.27 1.85
2018-03-31 7.21 2.17 1.54
2017-12-31 4.11 2.07 1.24
2016-12-31 1.26 -0.35 0.39

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Duxton Water has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Duxton Water used its assets less efficiently than the Global Water Utilities industry average last year based on Return on Assets.
  • Duxton Water has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Duxton Water's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Water Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Duxton Water has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Duxton Water's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Duxton Water's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Duxton Water is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Duxton Water's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Duxton Water's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Duxton Water Company Filings, last reported 3 months ago.

ASX:D2O Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 142.68 94.20 0.75
2019-09-30 142.68 94.20 0.75
2019-06-30 143.18 56.50 1.70
2019-03-31 143.18 56.50 1.70
2018-12-31 125.03 38.83 2.67
2018-09-30 125.03 38.83 2.67
2018-06-30 96.94 1.50 1.35
2018-03-31 96.94 1.50 1.35
2017-12-31 77.38 2.00 2.88
2016-12-31 68.80 0.00 17.33
  • Duxton Water's level of debt (66%) compared to net worth is high (greater than 40%).
  • Unable to establish if Duxton Water's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (26.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.3x coverage).
X
Financial health checks
We assess Duxton Water's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Duxton Water has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.48%
Current annual income from Duxton Water dividends. Estimated to be 4.72% next year.
If you bought A$2,000 of Duxton Water shares you are expected to receive A$90 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Duxton Water's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (3.17%).
  • Duxton Water's dividend is below the markets top 25% of dividend payers in Australia (8.1%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:D2O Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Global Water Utilities Industry Average Dividend Yield Market Cap Weighted Average of 72 Stocks 3.4%
Australia Market Average Dividend Yield Market Cap Weighted Average of 367 Stocks 5.5%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.7%
Australia Bottom 25% Dividend Yield 25th Percentile 3.2%
Australia Top 25% Dividend Yield 75th Percentile 8.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:D2O Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.06 1.00
2021-12-31 0.06 1.00
2020-12-31 0.06 1.00
2020-04-04
ASX:D2O Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2020-02-10 0.056 4.153
2019-08-08 0.054 3.859
2018-12-14 0.052 3.551
2018-08-24 0.050 3.730
2018-03-06 0.048 4.123
2017-09-15 0.023 2.136

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Duxton Water has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Duxton Water only paid a dividend in the past 3 years.
Current Payout to shareholders
What portion of Duxton Water's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.2x coverage).
X
Income/ dividend checks
We assess Duxton Water's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Duxton Water afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Duxton Water has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Duxton Water's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Duxton Water has no CEO, or we have no data on them.
Management Team

Katelyn Adams

TITLE
Company Secretary
TENURE
1.1 yrs
Board of Directors Tenure

Average tenure of the Duxton Water board of directors in years:

4
Average Tenure
  • The tenure for the Duxton Water board of directors is about average.
Board of Directors

Ed Peter

TITLE
Non-Executive Chairman

Dirk Wiedmann

TITLE
Deputy Chairman of the Board
COMPENSATION
A$35K
TENURE
1.3 yrs

Peter Michell

TITLE
Independent Non-Executive Director
COMPENSATION
A$35K
TENURE
4 yrs

Stephen Duerden

TITLE
Non-Executive Director
TENURE
4 yrs

Dennis Mutton

TITLE
Independent Non-Executive Director
COMPENSATION
A$39K
TENURE
4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
19. Dec 19 Buy Edouard Peter Individual 19. Dec 19 19. Dec 19 10,000 A$1.39 A$13,900
18. Dec 19 Sell Edouard Peter Individual 16. Dec 19 16. Dec 19 -1,599,987 A$1.38 A$-2,207,982
18. Dec 19 Buy Edouard Peter Individual 13. Dec 19 17. Dec 19 1,650,488 A$1.39 A$2,293,444
20. Nov 19 Buy Edouard Peter Individual 19. Nov 19 19. Nov 19 28,701 A$1.45 A$41,473
X
Management checks
We assess Duxton Water's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Duxton Water has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What To Know Before Buying Duxton Water Limited (ASX:D2O) For Its Dividend

Is Duxton Water Limited (ASX:D2O) a good dividend stock? … Last year, Duxton Water paid a dividend while reporting negative free cash flow. … Earnings per share are sharply up, but we wonder if paying out more than half its earnings (leaving less for reinvestment) is an implicit signal that Duxton Water's growth will be slower in the future. Any one year of performance can be misleading for a variety of reasons, so we wouldn't like to form any strong conclusions based on these numbers alone. We'd also point out that Duxton Water issued a meaningful number of new shares in the past year. Regularly issuing new shares can be detrimental - it's hard to grow dividends per share when new shares are regularly being created. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing.

Simply Wall St -

If You Like EPS Growth Then Check Out Duxton Water (ASX:D2O) Before It's Too Late

Check out our latest analysis for Duxton Water Duxton Water's Improving Profits In the last three years Duxton Water's earnings per share took off like a rocket; fast, and from a low base. … Like the last firework on New Year's Eve accelerating into the sky, Duxton Water's EPS shot from AU$0.032 to AU$0.085, over the last year. … The good news is that Duxton Water insiders spent a whopping AU$1.6m on stock in just one year, and I didn't see any selling.

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Is Duxton Water Limited (ASX:D2O) Investing Effectively In Its Business?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Duxton Water: 0.068 = AU$11m ÷ (AU$169m - AU$5.0m) (Based on the trailing twelve months to December 2018.) Therefore, Duxton Water has an ROCE of 6.8%. … What Are Current Liabilities, And How Do They Affect Duxton Water's ROCE? … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE.

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Know This Before Buying Duxton Water Limited (ASX:D2O) For Its Dividend

In the last few years Duxton Water Limited (ASX:D2O) has paid a dividend to shareholders. … Let's dig deeper into whether Duxton Water should have a place in your portfolio. … Check out our latest analysis for Duxton Water

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Duxton Water Limited (ASX:D2O) Insiders Increased Their Holdings

So we'll take a look at whether insiders have been buying or selling shares in Duxton Water Limited (ASX:D2O). … In any event it's generally a positive if insiders are buying shares at around the current price. … In the last twelve months there was more buying than selling by Duxton Water insiders

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What does Duxton Water Limited's (ASX:D2O) Balance Sheet Tell Us About Its Future?

Investors are always looking for growth in small-cap stocks like Duxton Water Limited (ASX:D2O), with a market cap of AU$162m. … However, an important fact which most ignore is: how financially healthy is the business? … I believe these basic checks tell most of the story you need to know.

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A Closer Look At Duxton Water Limited's (ASX:D2O) Uninspiring ROE

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … That means that for every A$1 worth of shareholders' equity, it generated A$0.023 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Read This Before Buying Duxton Water Limited (ASX:D2O) For Its Dividend

Duxton Water Limited (ASX:D2O) has started paying a dividend to shareholders. … Does Duxton Water tick all the boxes of a great dividend stock? … 5 checks you should do on a dividend stock

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Be Careful About Buying Duxton Water Limited (ASX:D2O) For The 3.69% Dividend

In the past, Duxton Water Limited (ASX:D2O) has returned an average of 3.00% per year to investors in the form of dividend payouts. … Let's take a look at Duxton Water in more detail. … See our latest analysis for Duxton Water

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Does Duxton Water Limited's (ASX:D2O) Stock Price Account For Its Growth?

Growth expectations for Duxton Water Limited (ASX:D2O) are high, but many investors are starting to ask whether its last close at A$1.175 can still be rationalized by the future potential. … What can we expect from Duxton Water in the future. … One reason why investors are attracted to D2O is the high growth potential in the near future

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Company Info

Description

Duxton Water Limited provides water supply solutions through its water entitlements. It serves various agricultural industries, including dairy, viticulture, citrus, broadacre, olives, almonds, and dried fruit. The company was incorporated in 2016 and is based in Stirling, Australia.

Details
Name: Duxton Water Limited
D2O
Exchange: ASX
Founded: 2016
A$148,934,782
119,147,826
Website: http://www.duxtonwater.com.au
Address: Duxton Water Limited
Duxton House,
7 Pomona Road,
Stirling,
South Australia, 5152,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX D2O Ordinary Shares Australian Securities Exchange AU AUD 16. Sep 2016
CHIA D2O Ordinary Shares Chi-X Australia AU AUD 16. Sep 2016
Number of employees
Current staff
Staff numbers
0
Duxton Water employees.
Industry
Water Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 11:05
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/03/24
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.