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Duxton Water Ltd.
(Sydney:D2O)
Duxton Water Ltd. (D2O) vs. iShares MSCI Australia ETF (EWA)
Duxton Water Ltd. Business Overview & Revenue Model
Duxton Water Ltd. Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 24.84M | 20.75M | 11.96M | 20.44M | 31.58M |
| Gross Profit | 24.42M | 20.36M | 11.19M | 6.75M | 8.23M |
| EBITDA | 19.98M | 15.46M | 171.00K | 11.81M | 16.65M |
| Net Income | 9.33M | 6.33M | 10.01M | 8.54M | 8.70M |
Balance Sheet | |||||
| Total Assets | 313.40M | 324.64M | 276.65M | 255.80M | 258.69M |
| Cash, Cash Equivalents and Short-Term Investments | 825.00K | 1.83M | 1.25M | 6.22M | 2.76M |
| Total Debt | 116.00M | 116.50M | 125.00M | 106.00M | 109.30M |
| Total Liabilities | 117.64M | 132.05M | 131.79M | 109.76M | 114.60M |
| Stockholders Equity | 195.76M | 192.59M | 144.86M | 146.04M | 144.09M |
Cash Flow | |||||
| Free Cash Flow | -34.91M | -52.42M | -26.17M | -2.11M | -16.45M |
| Operating Cash Flow | -7.10M | -7.57M | 1.28M | 7.81M | -5.43M |
| Investing Cash Flow | 12.80M | -24.18M | -14.07M | 5.54M | -377.00K |
| Financing Cash Flow | -6.71M | 32.33M | 7.82M | -9.89M | 7.82M |
Duxton Water Ltd. Technical Analysis
Duxton Water Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$228.57M | 23.90 | 7.04% | 2.33% | 6.82% | -31.21% | |
66 Neutral | $17.37B | 18.10 | 5.54% | 3.61% | 6.63% | 11.55% | |
59 Neutral | 9.01 | 12.36% | 4.99% | 31.10% | 113.65% | ||
49 Neutral | AU$44.53M | ― | -11.36% | ― | 18.27% | 53.69% | |
47 Neutral | ― | -48.27% | ― | >-0.01% | 31.60% | ||
44 Neutral | AU$3.54M | 130.00 | 0.29% | ― | 7.44% | ― |
Duxton Water Ltd. Corporate Events
Duxton Water Limited has achieved significant strategic and operational milestones in the past quarter, including the internalization of management and the repayment of $108 million in debt, reducing its total debt to $18 million. The company also secured new leases and maintained a 52% lease percentage, while strategically forward selling a portion of its unleased allocation holdings to manage market pricing uncertainty. Additionally, the company acquired water entitlements below market value, and the Ricardo Entitlement Index saw a marginal increase, reflecting improved transactional activity due to drier conditions and higher yields on high-security assets.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.11 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has secured new lease agreements, maintaining its leased percentage at approximately 52% as of July 2025, which offers greater revenue certainty. The company is in discussions for additional leases and has seen increased market prices for high-security entitlement leases due to a drier climate and reduced water supply. The government has updated its water entitlement sale process, with decisions pending. Additionally, Duxton Water paid an early termination fee for management internalization, partially offset by an asset valuation uplift, resulting in a net decrease in NAV.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. has announced an update on its ongoing share buy-back program, reporting the purchase of 40,000 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 2,166,000. This buy-back initiative is part of the company’s strategy to manage its capital structure, potentially enhancing shareholder value and demonstrating confidence in its market position.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. has announced an update regarding its ongoing on-market buy-back program. As of June 30, 2025, the company has bought back a total of 2,166,000 ordinary fully paid securities, including 10,000 on the previous day. This buy-back initiative is part of Duxton Water’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited announced an update on its ongoing on-market buy-back program, revealing that a total of 2,085,258 securities had been bought back before the previous day, with an additional 70,742 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. announced an update on its ongoing on-market buy-back program, revealing that a total of 2,046,000 securities had been bought back before the previous day, with an additional 39,258 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and demonstrating confidence in its market position.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. has announced an update regarding its ongoing on-market buy-back program. As of June 25, 2025, the company has repurchased a total of 2,046,000 ordinary fully paid securities, with 19,940 bought back on the previous day. This buy-back initiative is part of Duxton Water’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.11 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited announced a change in the director’s interest, specifically regarding Edouard Peter’s indirect interest in securities. The change involves the acquisition of 3,000,000 performance rights under the terms of a Transitional Services Agreement, which could impact the company’s governance and potentially influence investor perceptions.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited announced a change in the director’s interest, with Director Brendan Rinaldi acquiring an additional 10,000 fully paid ordinary shares through an on-market trade, bringing his total to 22,500 shares. This acquisition may indicate confidence in the company’s future prospects and could impact stakeholder perceptions positively, reflecting a potential strengthening of the company’s market position.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. has announced an update on its ongoing on-market buy-back program, with a total of 26,302 ordinary fully paid securities bought back on the previous day, adding to a cumulative total of 1,999,758 securities. This buy-back initiative reflects the company’s strategy to manage its capital structure effectively and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has announced the extension of its on-market share buyback program until June 19, 2026, which the Board believes is in the best interest of all existing shareholders. While the company can buy back up to 10% of its issued capital annually without shareholder approval, there is no guarantee it will purchase the full amount available. This move reflects the company’s strategic efforts to enhance shareholder value and maintain a strong position in the Australian water market.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. has announced an extension to its on-market buy-back program for its ordinary fully paid shares, as indicated by the ASX security code D2O. This move reflects the company’s ongoing strategy to manage its capital efficiently, potentially enhancing shareholder value and signaling confidence in its market position.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. announced an update on its ongoing on-market buy-back program, revealing that a total of 1,892,000 securities had been bought back before the previous day, with an additional 107,758 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has announced an update regarding its ongoing share buy-back program. As of June 20, 2025, the company has repurchased a total of 1,788,000 securities, with an additional 104,000 securities bought back on the previous day. This buy-back strategy is part of the company’s efforts to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has announced an update on its ongoing on-market buy-back program, revealing that a total of 40,000 ordinary fully paid securities were bought back on the previous day, bringing the total number of securities bought back to 1,748,000. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to optimizing financial performance and market positioning.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited announced an update on its ongoing on-market buy-back of ordinary fully paid securities, with a total of 8,232 securities bought back on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has announced an update regarding its ongoing on-market buy-back program for its ordinary fully paid securities, identified by the ASX security code D2O. As of June 16, 2025, the company has repurchased a total of 1,733,172 securities, with 1,701 bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited announced the approval of its internalisation proposal during its 2024 Annual General Meeting, aiming to transition to a fully internalised business within 18 months. The company also completed a $121 million sale of entitlements to the Australian Government, using $108 million to repay debt, reducing its net debt ratio to approximately 3%. This positions Duxton Water to capitalize on future opportunities. Despite stable portfolio valuations and net asset value, allocation prices have risen, and the company is preparing for the new water year with several leases secured, expecting to be 52% leased from July 2025.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has announced an update regarding its ongoing on-market buy-back program. As of June 12, 2025, the company has repurchased a total of 1,716,000 ordinary fully paid securities, with 10,000 bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited announced an update on its ongoing share buy-back program, revealing that a total of 48,281 ordinary fully paid securities were bought back on the previous day, adding to the cumulative total of 1,657,719 securities repurchased. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has announced an update regarding its ongoing on-market buy-back program. The company reported that it bought back a total of 91,286 ordinary fully paid securities on the previous day, adding to the 1,566,433 securities already repurchased. This buy-back initiative is part of Duxton Water’s strategy to manage its capital structure effectively, potentially enhancing shareholder value by reducing the number of shares outstanding.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited announced a proposed issue of 3,000,000 performance rights as part of a new securities placement. This move is likely aimed at enhancing the company’s financial flexibility and operational capacity, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. has announced an update on its ongoing on-market buy-back program, revealing that a total of 1,316,000 securities were bought back before the previous day, with an additional 250,433 securities purchased on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value, indicating a proactive approach to optimizing its financial operations.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. has announced an update on its ongoing on-market buy-back program. As of June 5, 2025, the company has repurchased a total of 1,316,000 ordinary fully paid securities, with 15,000 bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited announced the results of its Annual General Meeting where all proposed resolutions were carried. Key resolutions included the adoption of the remuneration report, re-election of directors, approval of equity securities issuance, and termination of the Investment Management Agreement. These decisions reflect the company’s strategic focus on governance and operational adjustments, potentially impacting its market operations and stakeholder relationships.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited held its FY2024 Annual General Meeting, emphasizing the importance of understanding market risks and the potential for changes in economic trends. The company highlighted that past performance is not indicative of future results, and investors should consider their financial situation before investing.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has announced an update regarding its ongoing on-market buy-back program. As of May 29, 2025, the company has repurchased a total of 1,273,734 ordinary fully paid securities, with an additional 27,266 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. has announced an update on its ongoing buy-back program, with a total of 1,271,000 securities bought back before the previous day and an additional 2,734 securities bought back on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has announced an update regarding its ongoing on-market buy-back program. As of May 27, 2025, the company has repurchased a total of 1,267,489 securities, with an additional 3,511 securities bought back on the previous day. This buy-back initiative is part of Duxton Water’s strategy to manage its capital structure and enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has announced an update regarding its ongoing on-market buy-back program, revealing that a total of 1,241,000 securities have been bought back prior to the previous day, with an additional 26,489 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. has announced an update on its ongoing on-market buy-back program, reporting the buy-back of 798 ordinary fully paid securities on the previous day, bringing the total to 1,231,000 securities bought back to date. This buy-back initiative is part of the company’s strategy to manage its capital efficiently and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. has announced an update regarding its ongoing on-market buy-back program, with a total of 1,191,000 securities bought back before the previous day and an additional 40,000 securities acquired on the previous day. This buy-back initiative reflects the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value, indicating a proactive approach in its financial management.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. has announced an update on its ongoing share buy-back program, reporting the acquisition of 11,711 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 1,179,289. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting its commitment to optimizing financial performance and market positioning.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has announced a proposal to internalize its management team and key business functions, which is subject to shareholder approval at the upcoming AGM. This move aims to enhance cost efficiency, governance, and control over operations, aligning management more closely with shareholder interests, and is unanimously supported by the company’s directors.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has confirmed the settlement of a $121 million sale of water entitlements to the Australian Government, aimed at supporting environmental water flows. The sale, executed at a premium to market value, has allowed the company to significantly reduce its debt, decreasing its Net Loan-to-Value Ratio to approximately 3%, and positions it strategically within the water market.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has announced a proposal to internalize its management team, subject to shareholder approval at the upcoming AGM. The company paid its 16th consecutive dividend and achieved a total NAV return of 11% over the last three months. Despite a quiet water entitlement market, temporary water markets remained active due to dry conditions, leading to increased allocation prices. The company is expanding its lease portfolio and has secured forward contracts for the 2025/2026 water year, enhancing revenue visibility.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. has announced an update regarding its ongoing share buy-back program. As of May 15, 2025, the company has repurchased a total of 1,179,289 ordinary fully paid securities, including 18,289 shares bought back on the previous day. This buy-back initiative is part of Duxton Water’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Ltd. has announced an update on its ongoing share buy-back program, reporting the repurchase of 30,000 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 1,131,000. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a proactive approach in its financial management.
The most recent analyst rating on (AU:D2O) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:D2O Stock Forecast page.
Duxton Water Limited has announced an update regarding its ongoing on-market buy-back program. As of May 8, 2025, the company has repurchased a total of 1,131,000 ordinary fully paid securities, including 40,000 bought back on the previous day. This buy-back initiative is part of Duxton Water’s strategy to manage its capital structure and potentially enhance shareholder value.
Duxton Water Ltd. announced the cessation of 315,000 fully paid ordinary securities due to an on-market buy-back, effective May 7, 2025. This move is part of the company’s capital management strategy, potentially impacting its share value and reflecting its commitment to optimizing shareholder returns.
Duxton Water Ltd. announced an update on its ongoing on-market buy-back program, revealing that a total of 1,051,000 securities had been bought back prior to the previous day, with an additional 30,000 securities acquired on the previous day. This buy-back initiative is part of Duxton Water’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting the company’s commitment to optimizing its financial operations and market positioning.
Duxton Water Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of May 5, 2025, the company has bought back a total of 1,033,584 securities, with an additional 17,416 securities purchased on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.