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Rivco Australia Ltd (RIV) Fair Value & Analysis

AU · Market cap A$230M

RA Rivco Australia Ltd RIV · AU
PriceA$1.42
Fair ValueA$2.35
Upside+66.1%
Quality47/100
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Expensive Growth
Highly profitable · 42.1% net margin
Low debt
5.16% dividend yield
Moderate moat 50/100
Evidence: High Range A$1.76 – A$2.93 Share as image

Fair value as of: Jul 10, 2026

From 15 valuation models · updated 31 days ago

Fair value updated Jul 10, 2026, revised from A$2.32 to A$2.35 (+1.3%) since Jun 25, 2026. Share price −1.0% over the past month.

Below-average quality, screening 66% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (A$1.76). The market is more pessimistic than our downside scenario.
  • Solid quality (47/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

A$1.54 A$1.04 Fair Value A$2.35 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 10, 2026.

How to read this chart

60‑month range A$1.04 – A$1.54 · fair‑value band A$1.76 – A$2.93 · the A$1.42 price screens below the A$2.35 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 10, 2026.

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Analysis

Rivco Australia Ltd (RIV) currently trades at A$1.42, while our model-based Fair Value estimate is A$2.35, implying the stock looks roughly 66.1% undervalued today. The Quality Score stands at 47/100 (below-average quality). 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, Rivco Australia Ltd generated revenue of A$52.1M at a net margin of 42.1%. Revenue grew 79.2% year over year. It earns a return on equity of 10.8%. Fundamentals as of Jul 10, 2026

Our scenario range runs from A$1.76 (bear case) to A$2.93 (bull case); at A$1.42, 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 8% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.

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$1.04 A$1.12 A$1.25 76
ROIC Compounder A$1.15 A$1.32 A$1.61 72
Gordon GGM A$0.4400 A$0.7300 A$0.9500 70
All 15 models by family
Earnings-Based
Graham-Dodd A$0.9200 A$6.38 A$8.96 54
Lynch FV A$3.30 A$4.71 A$6.13 50
PEG = 1.0 A$3.30 A$4.71 A$6.13 46
EPV A$1.15 A$1.30 A$1.42 59
Dividend Discount
Gordon GGM A$0.4400 A$0.7300 A$0.9500 70
DDM Multi-Stage A$0.4400 A$0.6900 A$0.7800 61
Multiples
P/E Multiple A$2.02 A$2.69 A$3.37 63
P/S Multiple A$0.6000 A$0.8000 A$1.00 58
P/B Multiple A$1.72 A$2.29 A$2.86 55
EV/EBIT A$2.92 A$3.93 A$4.95 53
EV/Revenue A$0.4400 A$0.6800 A$0.9200 43
Asset-Based
NCAV (Graham) A$0.6400 A$0.8600 A$1.29 50
Economic Profit
Residual Income A$1.04 A$1.12 A$1.25 76
ROIC Compounder A$1.15 A$1.32 A$1.61 72
Growth Earnings
Growth-Adj P/E A$4.25 A$6.07 A$7.89 68

Widest divergence: Growth Earnings (A$6.07) versus Dividend Discount (A$0.6900). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) A$52.1M
Revenue growth (YoY) +79.2%
Net margin 42.1%
Return on equity 10.8%
Operating margin -15.1%
Dividend yield 5.2%
More key figures
EPS growth (YoY) +191%

Figures from reported company fundamentals · as of Jul 10, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 45 · Market factors (momentum, volatility) 52

Profitability 51
Margins and returns on capital today
Quality Growth 90
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 45
Disciplined investing over empire-building
Low Volatility 93
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 32
Distance to the 52-week high (market factor)
Net Issuance 33
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

Rivco Australia Ltd provides water supply solutions to Australian irrigators and farmers. The company operates through the Permanent Water and Temporary Water segments. It acquires and manages a portfolio of water entitlements; and offers temporary water allocations.

Full company description

Rivco Australia Ltd provides water supply solutions to Australian irrigators and farmers. The company operates through the Permanent Water and Temporary Water segments. It acquires and manages a portfolio of water entitlements; and offers temporary water allocations. The company was formerly known as Duxton Water Limited and changed its name to Rivco Australia Ltd in October 2025. The company was incorporated in 2016 and is based in Unley, Australia.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Rivco Australia Ltd reported revenue of A$52.1M in FY2025 versus A$20.0M in FY2022, a compound +37.6%/yr. Reported net income was A$21.9M in FY2025, compounding +29.8%/yr from FY2022.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
A$52.1M
Latest YoY
+108.5%
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.
+37.6%
Revenue +37.6%/yr
FY22 A$20.0M
FY23 A$20.9M
FY24 A$25.0M
FY25 A$52.1M
Net income +29.8%/yr
FY22 A$10.0M
FY23 A$6.3M
FY24 A$9.3M
FY25 A$21.9M

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Cite: Fair Value Calculator (2026). "Rivco Australia Ltd Fair Value". https://www.fairvalue-calculator.com/stock/RIV

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 0
FUTURE 100 · sector 0
PAST 43 · sector 0
HEALTH 95 · sector 0
DIVIDEND 100 · sector 0

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.

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Frequently asked questions

Is Rivco Australia Ltd (RIV) overvalued or undervalued?
As of Jul 10, 2026, our model estimates a fair value of A$2.35 versus a price of A$1.42, about +66% (undervalued).
What is the fair value of RIV?
Our model-based fair value for Rivco Australia Ltd is A$2.35 (as of Jul 10, 2026), built from audited fundamentals. The current price is A$1.42.
What is the quality score of RIV?
Rivco Australia Ltd has a Quality Score of 47/100. 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 Rivco Australia Ltd (RIV)?
Rivco Australia Ltd reported trailing-twelve-month revenue of about A$52.1M (latest available figure, as of Jul 10, 2026).
What is the net profit margin of RIV?
The net profit margin of Rivco Australia Ltd is about 42.1%, meaning it keeps roughly 42.1% of revenue as net income. Based on the latest reported figures.
Does Rivco Australia Ltd pay a dividend?
Rivco Australia Ltd currently shows a dividend yield of about 5.16% relative to its recent price (as of Jul 10, 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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