Definitive Analysis
Financial Statements
Company Industry Sector
Periods / Units
Fundamentals
Margins Returns Growth Rates Metrics/Ratios
Valuations
Projections DCF DDM EPV Multiples Valuations
Miscellaneous
Indicators Charts WACC Beta Predictability
Analysis Mode
Full Access
See Pricing Start Trial
Multiples Valuation: Duxton Water Limited

Duxton Water Limited (D2O.AX)

Industry: Regulated Water Model: Peers Multiples Valuation

Valuation Snapshot

Winsorized Fair Value
Range (Low - High) $0.78 — $20.18
Selected (Average) $6.62
Upside to Live 332.44%
Full Range Fair Value
Range (Low - High) $0.86 — $21.40
Selected (Average) $7.08
Upside to Live 362.80%
Live Price $1.53

Industry Peers Data

TickerRankNameRev TTM (M) Trailing P/EForward P/ETrailing EV/EBITDAForward EV/EBITDATrailing EV/EBITForward EV/EBIT
RWL.AX 58 Rubicon Water Limi 84 - - - - - -
1026.HK 59 Universal Technolo 84 - - - - - -
YORW 60 The York Water Com 77 21.86 20.97 15.41 14.46 21.02 23.17
688096.SS 61 Jiangsu Jingyuan E 74 - - 261.67 358.19 - -
CEWATER.NS 62 Concord Enviro Sys 61 22.21 22.21 13.26 13.26 74.55 16.24
GWRS 63 Global Water Resou 55 64.14 48.81 10.54 9.60 23.54 33.27
688296.SS 64 Zhejiang Heda Tech 53 - - - - - -
D2O.AX 65 Duxton Water Limit 49 6.48 6.48 24.50 24.50 1.67 4.03
600187.SS 66 Heilongjiang Inter 26 245.90 270.29 127.51 170.10 - 165.77
VWTR 67 Vidler Water Resou 26 9.11 9.11 20.06 19.53 - 21.00
PCYO 68 Pure Cycle Corpora 26 19.50 17.08 11.97 8.93 10.16 22.77
NXFIL.AS 69 NX Filtration N.V. 23 - - - - - -
0HS4.L 70 Cadiz Inc. 16 - - - - - -
AQP.CO 71 Aquaporin A/S 6 - - - - - -

Implied Valuation Analysis

Line Item Trailing P/EForward P/ETrailing EV/EBITDAForward EV/EBITDATrailing EV/EBITForward EV/EBIT
Winsorized Median Multiple20.6819.0313.2613.2621.0221.89
Full Range Median Multiple22.0421.5915.4114.4622.2822.97
Industry Multiple63.7964.7465.7784.8632.3247.04
Market Implied Multiple6.526.5224.6524.651.684.05
Company (D2O.AX) Multiple6.486.4824.5024.501.674.03
(*) Net Income / EBITDA / Revenue25257710142
Winsorized Enterprise ValueN/AN/A91912,131918
Full Range Median Enterprise ValueN/AN/A1061002,259963
(-) Net Debt999999
Winsorized Equity Value51046982822,122909
Full Range Median Equity Value54353397912,250954
(/) Shares Outstanding105105105105105105
Winsorized Fair Value$4.85$4.46$0.78$0.78$20.18$8.64
Full Range Median Fair Value$5.17$5.06$0.92$0.86$21.40$9.07
Current Price$1.53$1.53$1.53$1.53$1.53$1.53
Upside / Downside217.01%191.61%-48.80%-48.80%1,218.90%464.76%
Safety Margin30.0%30.0%30.0%30.0%30.0%30.0%
Buy Price$3.40$3.12$0.55$0.55$14.13$6.05
Buy / Don't BuyBUYBUYDon’t BuyDon’t BuyBUYBUY