Duxton Farms Limited (AU:DBF)
ASX:DBF
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Duxton Farms Limited
(Sydney:DBF)
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Rating:45Neutral
Price Target:
AU$0.67
▼(-16.91% Downside)
Action:ReiteratedDate:01/24/26
The score is held down primarily by weak financial performance—sharp FY2025 profitability deterioration and ongoing negative operating/free cash flow—despite a serviceable balance sheet. Technicals also indicate a weak trend with only early signs of oversold conditions. Valuation is partially supported by the very high dividend yield, but losses (negative P/E) cap the upside.
Positive Factors
Serviceable balance sheet; moderate leverage
Moderate debt-to-equity (around 0.29–0.54 historically; ~0.43 in FY2025) indicates the company retains borrowing capacity and isn’t over-levered relative to assets. That structural cushioning supports operations and refinancing ability across business cycles.
Negative Factors
Sharp revenue decline and margin compression
A 22.8% revenue drop combined with gross margin collapsing to ~11.6% materially reduces core profitability and scale economics. Structural revenue weakness and margin compression weaken pricing power, strain operating leverage, and make earnings recovery more challenging.
Read all positive and negative factors
Positive Factors
Negative Factors
Serviceable balance sheet; moderate leverage
Moderate debt-to-equity (around 0.29–0.54 historically; ~0.43 in FY2025) indicates the company retains borrowing capacity and isn’t over-levered relative to assets. That structural cushioning supports operations and refinancing ability across business cycles.
Read all positive factors
Duxton Farms Limited (DBF) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$73.92M
Dividend Yield29.49%
Average Volume (3M)95.79K
Price to Earnings (P/E)―
Beta (1Y)-0.04
Revenue Growth-16.73%
EPS Growth-343.82%
CountryAU
EmployeesN/A
SectorConsumer Defensive
Sector Strength42
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)-0.15
Shares Outstanding107,129,585
10 Day Avg. Volume62,717
30 Day Avg. Volume95,789
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.55
Price to Sales (P/S)2.70
P/FCF Ratio-2.16
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Duxton Farms Limited Business Overview & Revenue Model
Company Description
Duxton Farms Limited primarily engages in the sowing and harvesting of dryland and irrigated crops in Australia. The company is also involved in the infrastructure maintenance and upgrade; trading and breeding of livestock; and sale of grains, pul...
How the Company Makes Money
null...
Duxton Farms Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
58
Neutral
Cash Flow
23
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 17.27M | 20.05M | 24.08M | 7.30M | 16.64M | 17.84M |
| Gross Profit | 906.00K | 2.33M | 10.98M | -5.86M | 4.08M | 8.57M |
| EBITDA | -14.06M | 0.00 | 0.00 | -12.47M | -2.30M | 3.48M |
| Net Income | -25.21M | -12.51M | 5.19M | -10.09M | -3.17M | 1.41M |
Balance Sheet | ||||||
| Total Assets | 266.14M | 169.37M | 189.01M | 183.58M | 160.44M | 125.90M |
| Cash, Cash Equivalents and Short-Term Investments | 765.00K | 23.28M | 28.62M | 13.00K | 12.00K | 3.59M |
| Total Debt | 120.49M | 42.48M | 43.15M | 58.17M | 34.89M | 26.82M |
| Total Liabilities | 123.41M | 70.99M | 69.15M | 75.27M | 52.85M | 38.65M |
| Stockholders Equity | 142.73M | 98.38M | 119.86M | 108.31M | 107.59M | 87.25M |
Cash Flow | ||||||
| Free Cash Flow | -41.19M | -25.04M | -23.27M | -19.18M | -8.79M | -12.47M |
| Operating Cash Flow | -22.68M | -6.60M | -5.26M | -12.45M | -6.40M | 3.60M |
| Investing Cash Flow | 4.49M | 11.67M | 49.22M | -7.96M | -3.99M | 7.71M |
| Financing Cash Flow | 10.37M | -11.73M | -3.87M | 14.24M | 1.49M | -7.74M |
Duxton Farms Limited Technical Analysis
Negative
0.81
Price Trends
0.75
Negative
0.79
Negative
0.90
Negative
Market Momentum
-0.02
Negative
40.48
Neutral
13.89
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:DBF, the sentiment is Negative. The current price of 0.81 is above the 20-day moving average (MA) of 0.71, above the 50-day MA of 0.75, and below the 200-day MA of 0.90, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 40.48 is Neutral, neither overbought nor oversold. The STOCH value of 13.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:DBF.
Duxton Farms Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | AU$53.08M | 1.39 | 28.29% | ― | 2.63% | ― | |
70 Neutral | AU$19.17M | -5.78 | 4.51% | ― | 18.35% | 55.88% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
52 Neutral | AU$1.23M | -1.19 | -229.02% | ― | 17.85% | 52.81% | |
45 Neutral | AU$73.92M | -1.37 | -20.91% | 29.49% | -16.73% | -343.82% | |
45 Neutral | AU$55.77M | -7.71 | -0.43% | ― | 4.34% | ― |
* Consumer Defensive Sector Average
AU:DBF
Duxton Farms Limited
0.69
-0.36
-34.22%
AU:WNR
Wingara Ag Ltd.
0.01
0.00
0.00%
AU:FRM
Farm Pride Foods Limited
0.23
0.05
27.78%
AU:MCA
Murray Cod Australia Limited
0.45
-0.69
-60.53%
AU:AAP
Australian Agricultural Projects Ltd.
0.05
0.01
30.00%
Duxton Farms Limited Corporate Events
Duxton Farms Sells Cowaribin Property as It Rebalances Post‑Merger Portfolio
Mar 19, 2026
Duxton Farms Ltd has completed the sale of its Cowaribin farming property to a private buyer for AU$6.0 million on a vacant possession basis, transferring 939.83 hectares of land and 32 megalitres of stock and domestic water entitlements. The disp...
Duxton Farms Director Edouard Peter Increases Direct Shareholding
Mar 17, 2026
Duxton Farms director Edouard Peter has increased his direct holding in the company through an on-market purchase of 39,588 fully paid ordinary shares over 11–13 March 2026. The acquisition, worth about $27,917, lifts his direct interest to ...
Duxton Farms Director Edouard Peter Increases Direct Shareholding via On-Market Purchase
Mar 6, 2026
Duxton Farms has disclosed a change in director Edouard Peter’s interest following an on-market purchase of 8,855 fully paid ordinary shares at $0.75 per share. The transaction increases his direct holding to 393,788 shares, while his extens...
Duxton Farms Swings to Deep Half-Year Loss as It Consolidates Agricultural Assets
Feb 26, 2026
Duxton Farms reported a sharp deterioration in its half-year results to 31 December 2025, with revenue from ordinary activities down 24% to $8.7 million and a net loss after tax of $15.8 million, compared with a $3.1 million loss a year earlier. D...
Duxton Farms to Release 17.3 Million Shares From Voluntary Escrow
Feb 20, 2026
Duxton Farms Limited will see 17,330,997 ordinary fully paid shares released from voluntary escrow on 27 February 2026. These shares were originally issued as part of a strategic merger completed in 2025, and their release will increase the freely...
‘Duxton Farms Sells Cowaribin Property for $6m to Rebalance Portfolio’
Feb 5, 2026
Duxton Farms Ltd has agreed to sell its ‘Cowaribin’ property, comprising 939.83 hectares and 32 megalitres of stock and domestic water entitlements, to a private buyer for AU$6.0 million on a vacant possession basis, with settlement du...
Duxton Farms Underscores Scale and Diversification in Q2 FY2026 Update
Jan 30, 2026
Duxton Farms Limited reported on its Q2 FY2026 activities, highlighting its broad national footprint of approximately 183,000 hectares of owned and leased land and 584 government apiary sites across six Australian states and territories. The compa...
Duxton Farms to Sell Forbes Cropping Portfolio as It Accelerates Strategic Shift
Jan 28, 2026
Duxton Farms has appointed CBRE Group to sell three irrigated and dryland cropping properties near Forbes, New South Wales—‘Walla Wallah’, ‘Yarranlea’ and ‘West Plains’—along with an 8.6 gigalitre La...
Duxton Farms Updates Market on Daily On‑Market Share Buy‑Back Activity
Jan 27, 2026
Duxton Farms Limited, listed on the ASX under the code DBF, has an on-market share buy-back program in place for its ordinary fully paid shares. The company has updated the market with a daily buy-back notification dated 27 January 2026, reporting...
Duxton Farms Completes $5.1m Sale of ‘Merriment’ Property to Reposition Portfolio
Jan 13, 2026
Duxton Farms Ltd has completed the sale of its ‘Merriment’ property to a private buyer for AU$5.1 million, including 534.7 hectares of land and 828 megalitres of water entitlements, on a vacant possession basis. The company plans to re...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.