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Rubicon Water Limited (RWL) Fair Value & Analysis

Utilities · AU · Market cap A$16.9M

RW Rubicon Water Limited RWL · AU
PriceA$0.0610
Fair ValueA$0.1336
Upside+119.0%
Quality91/100
Evidence: Low Range A$0.0848 – A$0.1824

Fair value as of: Jun 26, 2026

From 7 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from A$0.1800 to A$0.1336 (−25.8%) since Jun 25, 2026. Share price −22.5% over the past month.

Price vs Fair Value (12 months)

A$0.2706 A$0.0551 Fair Value A$0.1336 Jun 2025 Jun 2026

12‑month range A$0.0551 – A$0.2706 · fair‑value band A$0.0848 – A$0.1824 · the A$0.0610 price screens below the A$0.1336 fair value. As of Jun 26, 2026.

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Analysis

Rubicon Water Limited (RWL) currently trades at A$0.0610, while our model-based Fair Value estimate is A$0.1336 — implying the stock looks roughly 119.0% undervalued today. We read business quality at 91/100 (high quality), in the Utilities 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.

Over the trailing twelve months, Rubicon Water Limited generated revenue of A$66.1M at a net margin of -17.7%. Revenue declined 9.4% year over year. It earns a return on equity of -18.9%. Net debt stands at A$17.6M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) A$66.1M
Revenue growth (YoY) -9.4%
Net margin -17.7%
Return on equity -18.9%
Free cash flow A$4.7M FY2024
Operating margin -26.4%
More key figures
EPS (TTM) A$-0.0500
EPS growth (YoY) -90.4%
Net debt A$17.6M FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Rubicon Water Limited designs, manufactures, installs, and maintains irrigation automation software and hardware in Australia, New Zealand, Asia, and internationally. The company offers network control solutions, including total channel control, low energy pipeline, site management, and water and energy solutions; flow, water level, and climate measurement solutions; and operations software solutions. It also provides surface irrigation, irrigation automation, and precise irrigation scheduling solutions. The company was founded in 1995 and is headquartered in Melbourne, Australia.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Rubicon Water Limited reported revenue of A$69.1M in FY2024 versus A$81.5M in FY2020, a compound −4.1%/yr. Reported net income was −A$6.8M in FY2024.

Revenue −4.1%/yr
FY20 A$81.5M
FY21 A$65.3M
FY22 A$55.2M
FY23 A$58.4M
FY24 A$69.1M
Net income
FY20 A$8.3M
FY21 −A$438K
FY22 −A$10.9M
FY23 −A$10.7M
FY24 −A$6.8M

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Similar stocks

6 more Utilities - Regulated Water stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
American Water Works Company A1WK34 R$162.24 R$74.29 -54%
SBS SBS $5.42 $7.58 +40%
SBSP3 SBSP3 R$27.52 R$31.23 +13%
United Utilities Group UUGRY $34.94 $29.62 -15%
Severn Trent PLC STRNY $38.53 $27.88 -28%
Essential Utilities, Inc WTRG $36.68 $23.46 -36%

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Frequently asked questions

Is Rubicon Water Limited (RWL) undervalued?
As of Jun 26, 2026, our model estimates a fair value of A$0.1336 versus a price of A$0.0610 — about +119% (undervalued). Model-based estimate, not financial advice.
What is the fair value of RWL?
Our 21-model fair value for Rubicon Water Limited is A$0.1336 (as of Jun 26, 2026), built from audited fundamentals. The current price is A$0.0610.
What is the quality score of RWL?
Rubicon Water Limited has a Quality Score of 91/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Rubicon Water Limited (RWL)?
Rubicon Water Limited reported trailing-twelve-month revenue of about A$66.1M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of RWL?
The net profit margin of Rubicon Water Limited is about -17.7%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.