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Duxton Farms Ltd (DBF) Fair Value & Analysis

Consumer Defensive · AU · Market cap A$48.2M (≈ $34.5M) · ISIN AU000000DBF4

DF Duxton Farms Ltd DBF · AU
PriceA$0.4100
Fair ValueA$0.7300
Upside+78.1%
Quality31/100
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Strengths

Trades 44% below our fair value of A$0.7300

Risks

!Expensive Growth (revenue 5y +13.4 %/yr)
!Loss-making · -146.0% net margin
!Low debt · negative free cash flow
!Trails peers (3/11)
Expensive Growth (revenue 5y +13.4 %/yr)
Loss-making · -146.0% net margin
Low debt · negative free cash flow
Trails peers (3/11)
Narrow moat 10/100
Evidence: Low Range A$0.3300 – A$1.27 Share as image

Fair value as of: Aug 22, 2026

From 3 valuation models · updated 9 days ago

Share price −8.9% over the past month.

Below-average quality, trading 44% below our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The large discount to fair value meets weak quality (31/100). That raises the risk this is a value trap rather than a bargain.
  • The model range is unusually wide (A$0.3300 to A$1.27). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

A$1.49 A$0.4100 Fair Value A$0.7300 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.

How to read this chart

60‑month range A$0.4100 – A$1.49 · fair‑value band A$0.3300 – A$1.27 · the A$0.4100 price screens below the A$0.7300 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 22, 2026.

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Analysis

Duxton Farms Ltd (DBF) currently trades at A$0.4100, while our model-based Fair Value estimate is A$0.7300, implying the stock looks roughly 78.1% undervalued today. The Quality Score stands at 31/100 (below-average quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Trailing-twelve-month revenue stands at A$17.3M. Revenue declined 24.2% year over year. It earns a return on equity of -19.5%. Net debt stands at A$19.2M. Fundamentals as of Aug 22, 2026

Our scenario range runs from A$0.3300 (bear case) to A$1.27 (bull case); at A$0.4100, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 65% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -19% fair-value upside, at 78%, DBF screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Gordon GGM A$0.2300 A$0.3900 A$0.5100 68
DDM Multi-Stage A$0.2300 A$0.3700 A$0.4200 67
NCAV (Graham) A$0.4600 A$0.6200 A$0.9200 54
All 3 models by family
Dividend Discount
Gordon GGM A$0.2300 A$0.3900 A$0.5100 68
DDM Multi-Stage A$0.2300 A$0.3700 A$0.4200 67
Asset-Based
NCAV (Graham) A$0.4600 A$0.6200 A$0.9200 54

Widest divergence: Asset-Based (A$0.6200) versus Dividend Discount (A$0.3700). Highest evidence: Gordon GGM (68).

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Key figures & financial health

P/S ratio 3.32 TTM
EPS (TTM) A$-0.3800
Dividend yield 6.3%
Net margin -62.4% FY2025
Return on equity -19.5% TTM
Return on assets (EBIT) -3.1% avg 5y
More key figures
Profitability
Operating margin -115% TTM
Growth
Revenue (TTM) A$17.3M TTM
Revenue growth (YoY) -24.2% 3y avg +6.4%
EPS growth (YoY) -85.5%
Balance sheet & cash flow
Free cash flow −A$25.0M FY2025
Net debt A$19.2M FY2025

Figures from reported company fundamentals · as of Aug 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 31/100

Of which business quality 32 · Market factors (momentum, volatility) 24

Profitability 1
Margins and returns on capital today
Quality Growth 9
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 64
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 8
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 88
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Duxton Farms Limited engages in the sowing and harvesting of dryland and irrigated crops primarily in Australia. It is also involved in the infrastructure maintenance and upgrade; trading and breeding of livestock; and sale of grains, pulses, and lucerne.

Full company description

Duxton Farms Limited engages in the sowing and harvesting of dryland and irrigated crops primarily in Australia. It is also involved in the infrastructure maintenance and upgrade; trading and breeding of livestock; and sale of grains, pulses, and lucerne. In addition, the company offers hay, cotton, wheat, barley, canola, faba beans, and chick peas, as well as cattle, sheep, and wool. The company was formerly known as Duxton Broadacre Farms Limited and changed its name to Duxton Farms Limited in December 2021. Duxton Farms Limited was incorporated in 2008 and is based in Stirling, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Duxton Farms Ltd reported revenue of A$20.0M in FY2025 versus A$17.8M in FY2021, a compound +3.0%/yr. Reported net income was −A$12.5M in FY2025.

Growth Quality 31/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
A$20.0M
Latest YoY
−16.7%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+6.4%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.4%
Avg. revenue growth/yr (10Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.3%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +3.0%/yr
FY21 A$17.8M
FY22 A$16.6M
FY23 A$7.3M
FY24 A$24.1M
FY25 A$20.0M
Net income
FY21 A$1.4M
FY22 −A$3.2M
FY23 −A$10.1M
FY24 A$5.2M
FY25 −A$12.5M

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Cite: Fair Value Calculator (2026). "Duxton Farms Ltd Fair Value". https://www.fairvalue-calculator.com/stock/DBF

Peer Group

Farm Products · 297 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 31 · Bottom 25%
Fair Value upside +78% · Top 25%
Return on assets -5% · Bottom 25%
Net margin (TTM) -146% · Bottom 25%
Operating margin (TTM) -115% · Bottom 25%
Revenue growth -24% · Bottom 25%
Dividend yield (TTM) 6.3% · Top 25%
Debt / equity 0.35× · Higher than median

Valuation Multiples vs Farm Products median · lower = cheaper

P/B 0.35× · Cheaper than median
P/S (TTM) 2.00× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 28
FUTURE0 · sector 21
PAST0 · sector 19
HEALTH82 · sector 94
DIVIDEND100 · sector 49

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Farm Products stocks, each showing price versus our Fair Value estimate (as of Aug 22, 2026).

Stock Price Fair Value vs Fair Value
Archer-Daniels-Midland Company ADM $81.54 $38.02 -53%
Muyuan Foods Group 002714 ¥40.15 ¥47.42 +18%
Bunge Global SA BG $111.57 $56.19 -50%
Tyson Foods, Inc TSN $55.40 $28.60 -48%
Wens Foodstuff Group 300498 ¥13.80 ¥11.18 -19%
Mowi ASA MOWI kr 206.00 kr 260.70 +27%
Fujian Wanchen Food Group 300972 ¥201.06 ¥143.09 -29%
United Plantations Berhad 2089 32.60 MYR 23.34 MYR -28%
PT Charoen Pokphand Indonesia Tbk, CPIN 2,960 IDR 6,818 IDR +130%
Charoen Pokphand Foods Public Company CPF 23.40 THB 43.24 THB +85%

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Frequently asked questions

Is Duxton Farms Ltd (DBF) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of A$0.7300 versus a price of A$0.4100, about +78% (undervalued).
What is the fair value of DBF?
Our model-based fair value for Duxton Farms Ltd is A$0.7300 (as of Aug 22, 2026), built from audited fundamentals. The current price: A$0.4100.
What is the quality score of DBF?
Duxton Farms Ltd has a Quality Score of 31/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Duxton Farms Ltd (DBF)?
Duxton Farms Ltd reported trailing-twelve-month revenue of about A$17.3M (latest available figure, as of Aug 22, 2026).
What is the net profit margin of DBF?
The net profit margin of Duxton Farms Ltd is about -146.0%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Duxton Farms Ltd pay a dividend?
Duxton Farms Ltd currently shows a dividend yield of about 6.28% relative to its recent price (as of Aug 22, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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