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Dusk Group (DSK) Fair Value & Analysis

Consumer Cyclical · AU · Market cap A$47.9M

DG Dusk Group DSK · AU
PriceA$0.6850
Fair ValueA$1.56
Upside+127.7%
Quality77/100
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Mixed Growth
Thin margins · 3.5% net margin
generates free cash flow
7.79% dividend yield
Ranks above peers (13/13)
Moderate moat 50/100
Evidence: High Range A$1.17 – A$1.94 Share as image

Fair value as of: Jul 18, 2026

From 25 valuation models · updated 23 days ago

Share price −9.9% over the past month.

A strong business, screening 128% undervalued on our models.

What matters now

  • The rarer combination: high quality (77/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (A$1.17). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

A$2.55 A$0.4640 Fair Value A$1.56 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range A$0.4640 – A$2.55 · fair‑value band A$1.17 – A$1.94 · the A$0.6850 price screens below the A$1.56 fair value. Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Dusk Group (DSK) currently trades at A$0.6850, while our model-based Fair Value estimate is A$1.56, implying the stock looks roughly 127.7% undervalued today. The Quality Score stands at 77/100 (high quality), in the Consumer Cyclical 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: high), always confirm before acting.

Over the trailing twelve months, Dusk Group generated revenue of A$142M at a net margin of 3.5%. Revenue grew 5.1% year over year. It earns a return on equity of 11.5%. Net debt stands at A$17.7M. Fundamentals as of Jul 18, 2026

Our scenario range runs from A$1.17 (bear case) to A$1.94 (bull case); at A$0.6850, the current price sits below 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 30% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -24% fair-value upside, at 128%, DSK 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
Residual Income A$0.4500 A$0.5100 A$0.7000 76
Growth DCF A$3.59 A$4.48 A$5.49 72
Gordon GGM A$0.9800 A$1.50 A$1.98 70
All 25 models by family
DCF Models
FCF DCF A$3.55 A$4.56 A$5.73 38
Owner Earnings A$3.05 A$3.90 A$4.89 31
5Y Revenue Exit A$2.73 A$3.60 A$4.65 39
5Y EBITDA Exit A$5.62 A$8.76 A$12.30 41
5Y P/E Exit A$2.34 A$2.90 A$3.45 38
10Y Revenue Exit A$3.04 A$3.82 A$4.74 36
10Y EBITDA Exit A$4.63 A$6.81 A$9.52 37
10Y P/E Exit A$2.87 A$3.41 A$3.99 35
Earnings-Based
Graham-Dodd A$0.4800 A$1.18 A$1.52 54
PEG = 1.0 A$0.2100 A$0.3000 A$0.3900 46
EPV A$4.04 A$4.49 A$4.85 59
Dividend Discount
Gordon GGM A$0.9800 A$1.50 A$1.98 70
DDM Multi-Stage A$0.9800 A$1.34 A$1.66 61
Multiples
P/E Multiple A$1.17 A$1.56 A$1.94 63
P/S Multiple A$0.9000 A$1.20 A$1.50 58
P/B Multiple A$0.9000 A$1.20 A$1.50 55
EV/EBIT A$8.13 A$10.74 A$13.34 53
EV/EBITDA A$8.33 A$11.00 A$13.67 54
EV/Revenue A$2.18 A$2.97 A$3.76 43
Asset-Based
NCAV (Graham) A$0.2600 A$0.3400 A$0.5100 50
Growth DCF
Growth DCF A$3.59 A$4.48 A$5.49 72
Rev-Margin DCF A$2.73 A$3.67 A$4.70 67
Economic Profit
Residual Income A$0.4500 A$0.5100 A$0.7000 76
ROIC Compounder A$4.07 A$4.54 A$4.94 67
Growth Earnings
Growth-Adj P/E A$0.8900 A$1.27 A$1.65 68

Widest divergence: DCF Models (A$3.82) versus Asset-Based (A$0.3400). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) A$142M
Revenue growth (YoY) +5.1%
Net margin 3.5%
Return on equity 11.5%
Free cash flow A$25.4M FY2024
P/E ratio 9.6
More key figures
Operating margin 17.1%
EPS (TTM) A$0.0800
Dividend yield 7.8%
EPS growth (YoY) +6.0%
Net debt A$17.7M FY2024

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 77/100

Of which business quality 77 · Market factors (momentum, volatility) 30

Profitability 64
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 86
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 90
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.

About the company

Dusk Group Limited retails scented and unscented candles, home decor, home fragrances, and gift solutions in Australia. The company offers candle accessories; wax melts and wax melt burners; reed, oil, and ultrasonic diffusers; oil and wax burners; diffuser accessories; and incense and incense holders, as well as essential and fragrant oils, reed refills, …

Full company description

Dusk Group Limited retails scented and unscented candles, home decor, home fragrances, and gift solutions in Australia. The company offers candle accessories; wax melts and wax melt burners; reed, oil, and ultrasonic diffusers; oil and wax burners; diffuser accessories; and incense and incense holders, as well as essential and fragrant oils, reed refills, and room sprays. It also provides perfumes, body care and bath products, and soaps; room sprays, home cleaning products, and pillow mist; plates; linens, lighting products, glasses, and mugs; and gift cards and sets. The company operates through a network of physical and online stores under the Dusk brand name. Dusk Group Limited was incorporated in 2014 and is based in Alexandria, Australia.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Dusk Group reported revenue of A$137M in FY2024 versus A$149M in FY2020, a compound −2.0%/yr. Reported net income was A$4.4M in FY2024, compounding −33.0%/yr from FY2020.

Growth Quality 64/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
A$137M
Latest YoY
+7.8%
Avg. 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.
−0.2%
Avg. 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.
+6.4%
Avg. growth/yr (8Y) 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.
+9.8%
Revenue −2.0%/yr
FY20 A$149M
FY21 A$138M
FY22 A$138M
FY23 A$127M
FY24 A$137M
Net income −33.0%/yr
FY20 A$21.9M
FY21 A$18.5M
FY22 A$11.6M
FY23 A$4.3M
FY24 A$4.4M

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Cite: Fair Value Calculator (2026). "Dusk Group Fair Value". https://www.fairvalue-calculator.com/stock/DSK

Peer Group

Specialty Retail · 221 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 77 · Top 25%
Fair Value upside +128% · Top 25%
Return on equity (TTM) 12% · Above median
Return on assets 6% · Above median
Net margin (TTM) 3% · Above median
Operating margin (TTM) 17% · Top 25%
Revenue growth 5% · Above median
Dividend yield (TTM) 7.8% · Top 25%

Valuation Multiples vs Specialty Retail median · lower = cheaper

P/E (TTM) 9.6× · Cheaper than 75% of peers
P/B 1.07× · Cheaper than median
P/S (TTM) 0.24× · Cheaper than median
P/FCF 1.3× · Cheaper than median
EV/EBITDA 2.9× · Cheaper 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.

VALUE 100 · sector 29
FUTURE 26 · sector 23
PAST 46 · sector 27
HEALTH 0 · sector 94
DIVIDEND 100 · sector 51

Insider activity: 45/100

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Specialty Retail stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Casey's General Stores, Inc CASY $827.04 $405.44 -51%
Williams-Sonoma, Inc WSM $222.84 $164.16 -26%
Ulta Beauty, Inc ULTA $479.57 $488.39 +2%
DICK'S Sporting Goods, Inc DKS $208.89 $181.10 -13%
Best Buy Co BBY $83.98 $109.12 +30%
China Tourism Group 601888 ¥52.90 ¥40.40 -24%
Tractor Supply Company TSCO $31.01 $35.52 +15%
Murphy USA Inc MUSA $618.57 $423.35 -32%
Five Below, Inc FIVE $197.71 $117.29 -41%
Taiwan Mobile Co 3045 110.50 TWD 80.98 TWD -27%

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Frequently asked questions

Is Dusk Group (DSK) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of A$1.56 versus a price of A$0.6850, about +128% (undervalued).
What is the fair value of DSK?
Our model-based fair value for Dusk Group is A$1.56 (as of Jul 18, 2026), built from audited fundamentals. The current price is A$0.6850.
What is the quality score of DSK?
Dusk Group has a Quality Score of 77/100. 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 Dusk Group (DSK)?
Dusk Group reported trailing-twelve-month revenue of about A$142M (latest available figure, as of Jul 18, 2026).
What is the net profit margin of DSK?
The net profit margin of Dusk Group is about 3.5%, meaning it keeps roughly 3.5% of revenue as net income. Based on the latest reported figures.
Does Dusk Group pay a dividend?
Dusk Group currently shows a dividend yield of about 8.25% relative to its recent price (as of Jul 18, 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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