DXN Limited (DXN) Fair Value & Analysis

Technology · AU · Market cap A$57.2M

Below-average quality, and screening another 86% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case (A$0.0340). The favourable scenario is already priced in.
• Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts.
• The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
• A fairly wide model range (A$0.0170 to A$0.0340) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range A$0.0150 – A$0.2450 · fair‑value band A$0.0170 – A$0.0340 · the A$0.1800 price screens above the A$0.0255 fair value. Dashed = 300-day average. As of Jul 19, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

DXN Limited (DXN) currently trades at A$0.1800, while our model-based Fair Value estimate is A$0.0255, implying the stock looks roughly 85.8% overvalued today. The Quality Score stands at 36/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, DXN Limited generated revenue of A$10.9M at a net margin of -39.9%. Revenue declined 65.5% year over year. Net debt stands at A$3.3M. Fundamentals as of Jul 19, 2026

Our scenario range runs from A$0.0170 (bear case) to A$0.0340 (bull case); at A$0.1800, the current price sits above 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 18% below its 52-week high. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at -86%, DXN screens richer 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.

Widest divergence: Dividend Discount (A$0.0300) versus Asset-Based (A$0.0100). Highest evidence: Gordon GGM (70).

Key figures & financial health

Quality Score breakdown

About the company

DXN Limited engages in the design, manufacture, and operation of data centers in Australia. It operates through three segments: Data Centre Manufacturing, Data Centre Operations, and Data Centre as a Service. The company engineers, constructs, and commissions modular data centers for edge data centers and telecommunication applications.

Full company description

DXN Limited engages in the design, manufacture, and operation of data centers in Australia. It operates through three segments: Data Centre Manufacturing, Data Centre Operations, and Data Centre as a Service. The company engineers, constructs, and commissions modular data centers for edge data centers and telecommunication applications. It also offers space, power, cooling, and physical security for clients to house computer servers, related storage, and networking equipment. In addition, the company provides data center solutions, including colocation, edge data, and micro data centers, as well as DXN modules/built-to-order. Further, it offers connectivity solutions comprising cloud interconnection, fiber cross-connects, internet, and cloud span services, as well as engineering as a service, project management, data center management, and maintenance and support services. DXN Limited was incorporated in 2017 and is based in Sydney, Australia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

DXN Limited reported revenue of A$16.0M in FY2025 versus A$8.0M in FY2021, a compound +18.8%/yr. Reported net income was −A$2.3M in FY2025.

DXN screens 86% overvalued. Compare with International Business Machines Corporation →

Peer Group

Information Technology Services · 475 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.

Valuation Multiples vs Information Technology Services median · lower = cheaper

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 0: the price sits above our fair-value range.

Values & ESG

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

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

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Explore undervalued stocks

More undervalued Technology stocks →

Frequently asked questions

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.