DALRYMPLE BAY INFRASTRUCTURE LIMITED (DBI)
Share Price Analysis and Chart

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DBI

DBI - DALRYMPLE BAY INFRASTRUCTURE LIMITED

FNArena Sector : Infrastructure & Utilities
Year End: December
GICS Industry Group : NONE
Debt/EBITDA: 6.81
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.39

15 Oct
2025

0.010

OPEN

$4.41

0.23%

HIGH

$4.42

1,657,282

LOW

$4.35

TARGET
$4.947 12.7% upside
Franking for last dividend paid out: 65%
OTHER COMPANIES IN THE SAME SECTOR
AGL . AIA . ALX . APA . CEN . GNE . GNP . MEZ . ORG . SRJ . TCL .
FNARENA'S MARKET CONSENSUS FORECASTS
DBI: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 16.5 18.6 xxx
DPS (cps) xxx 22.0 24.0 xxx
EPS Growth xxx 10.7% 12.4% xxx
DPS Growth xxx 5.8% 9.1% xxx
PE Ratio xxx N/A 23.2 xxx
Dividend Yield xxx N/A 5.6% xxx
Div Pay Ratio(%) xxx 133.3% 129.4% xxx

Dividend yield today if purchased 3 years ago: 9.52%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.10

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 29/08 - ex-div 5.38c (franking 67%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic 5.3-22.625.913.914.916.5
DPS All 0.00.018.019.220.822.0
Sales/Revenue 442.5 M23.4 M505.1 M623.8 M642.1 M766.5 M
Book Value Per Share -173.9213.0233.6221.9219.5
Net Operating Cash Flow 105.9 M-3.6 M109.2 M189.3 M172.1 M167.0 M
Net Profit Margin 5.97 %-482.85 %25.56 %11.06 %11.51 %10.67 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed --13.40 %6.23 %6.55 %7.48 %
Return on Invested Capital --4.01 %2.23 %2.55 %2.75 %
Return on Assets --3.64 %1.88 %1.93 %2.24 %
Return on Equity --13.40 %6.23 %6.55 %7.48 %
Return on Total Capital --4.56 %6.92 %6.72 %7.59 %
Free Cash Flow ex dividends 72.2 M-3.6 M41.4 M96.7 M70.7 M59.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt -33 M9 M440 M448 M0 M
Long Term Debt -2,259 M2,253 M1,707 M1,834 M1,929 M
Total Debt -2,293 M2,262 M2,146 M2,282 M1,929 M
Goodwill - Gross ------
Cash & Equivalents - Generic -139 M42 M193 M451 M90 M
Price To Book Value -1.200.951.041.211.64

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex 33.7 M1.6 M47.8 M46.3 M39.1 M82.3 M
Capex % of Sales 7.62 %7.03 %9.46 %7.43 %6.09 %10.74 %
Cost of Goods Sold 282 M13 M348 M389 M413 M520 M
Selling, General & Admin. Exp & Other 18 M1 M9 M6 M4 M4 M
Research & Development ------
Investments - Total -0 M0 M249 M100 M86 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.8

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx xx xxxxxxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

17/09/2025

2

Upgrade to Accumulate from Hold

$4.73

7.74%

Morgans upgraded Dalrymple Bay Infrastructure to Accumulate from Hold following recent share price weakness.

The fall was triggered by the full exit of IPO foundation shareholder Brookfield with the sale of the remaining 26% stake at $4.05/sh. The broker doesn't see the exit as impacting the business fundamentals.

The stock will enter the S&P/ASX200 index from September 22, the broker reminds.

Next known catalyst is the outcome of the capital allocation review expected in February 2026, along with FY25 results.

No change to forecasts. Target unchanged at $4.73.

FORECAST
Morgans forecasts a full year FY25 dividend of 24.00 cents.
Morgans forecasts a full year FY26 dividend of 25.00 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

DBI STOCK CHART

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