DETERRA ROYALTIES LIMITED (DRR)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

DRR

DRR - DETERRA ROYALTIES LIMITED

FNArena Sector : Iron Ore
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0
Index: ASX200 | ASX300 | ALL-ORDS

Deterra Royalties is an Australian resource royalty investment company. The company was demerged from Iluka Resources and listed on the ASX in 2020. Its cornerstone asset is the MAC Royalty, a royalty over iron ore produced from specific tenements of BHP's Mining Area C in Western Australia.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.75

16 May
2025

0.070

OPEN

$3.69

1.90%

HIGH

$3.75

881,428

LOW

$3.69

TARGET
$4.16 10.9% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ARI . BCI . CIA . FEX . FMG . GEN . GRR . MGX . MIN .
FNARENA'S MARKET CONSENSUS FORECASTS
DRR: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 29.3 30.7 xxx
DPS (cps) xxx 29.3 24.1 xxx
EPS Growth xxx 1.6% 4.7% xxx
DPS Growth xxx 1.5% - 17.8% xxx
PE Ratio xxx N/A 12.2 xxx
Dividend Yield xxx N/A 6.4% xxx
Div Pay Ratio(%) xxx 100.0% 78.5% xxx

Dividend yield today if purchased 3 years ago: 6.58%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 7.81

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: 27/08 - ex-div 14.40c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 20192021202220232024
EPS Basic xxxxxxxxxxxx29.3
DPS All xxxxxxxxxxxx29.3
Sales/Revenue xxxxxxxxxxxx240.5 M
Book Value Per Share xxxxxxxxxxxx15.2
Net Operating Cash Flow xxxxxxxxxxxx169.6 M
Net Profit Margin xxxxxxxxxxxx64.40 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20192021202220232024
Return on Capital Employed xxxxxxxxxxxx179.59 %
Return on Invested Capital xxxxxxxxxxxx179.05 %
Return on Assets xxxxxxxxxxxx140.26 %
Return on Equity xxxxxxxxxxxx179.59 %
Return on Total Capital xxxxxxxxxxxx262.68 %
Free Cash Flow ex dividends xxxxxxxxxxxx1.7 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 20192021202220232024
Short-Term Debt xxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxx31 M
Price To Book Value xxxxxxxxxxxx26.25

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20192021202220232024
Capex xxxxxxxxxxxx0.1 M
Capex % of Sales xxxxxxxxxxxx0.04 %
Cost of Goods Sold xxxxxxxxxxxx10 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxx4 M
Research & Development xxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxx0 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

0.6

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

3

xxxxxxxxx xx xxxxxxx xxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

09/04/2025

3

Equal-weight

$3.90

4.00%

Morgan Stanley considers tariffs, possible recessions, and a focus on miners' cost curves, alongside changes to commodity price forecasts.

The analyst emphasises the company’s exposure to high-grade iron ore, the mining area C (MAC) asset, and its lower sensitivity to iron ore price changes as a royalty company as positives.

Morgan Stanley lowers FY25 EPS by -1% and raises FY26 by 5%.

Target price unchanged at $3.90, with Equal-weight rating retained.

FORECAST
Morgan Stanley forecasts a full year FY25 dividend of 22.20 cents and EPS of 31.00 cents.
Morgan Stanley forecasts a full year FY26 dividend of 25.10 cents and EPS of 33.00 cents.

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

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

Canaccord Genuity

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Goldman Sachs

13/04/2025

3

Downgrade to Neutral from Buy

$3.60

-4.00%

A recent China trip and a review of supply/dynamics due to the impact of global tariffs have resulted in Goldman Sachs downgrading most commodity price forecasts while raising estimates for precious metals.

This resulted in downgrades to 2025 and 2026 EBITDA and price targets for most companies under their coverage.

In addition to revisions to commodity prices, the broker increased freight cost estimates for Deterra Royalties. EBITDA forecast for FY25 lifted by 1% but cut by -2% for FY26.

Rating downgraded to Neutral from Buy. Target cut to $3.60 from $4.70.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 20.10 cents and EPS of 26.90 cents.
Goldman Sachs forecasts a full year FY26 dividend of 18.60 cents and EPS of 24.80 cents.
Access Extra Coverage Research History >

DRR STOCK CHART

FNArena News on DRR

1
Australian Broker Call *Extra* Edition – May 08, 2025

May 08 2025 - Daily Market Reports
2
Weekly Ratings, Targets, Forecast Changes – 18-04-25

Apr 22 2025 - Weekly Reports
3
In Case You Missed It – BC Extra Upgrades & Downgrades – 17-04-25

Apr 17 2025 - Weekly Reports
4
Australian Broker Call *Extra* Edition – Apr 14, 2025

Apr 14 2025 - Daily Market Reports
5
Weekly Ratings, Targets, Forecast Changes – 28-03-25

Mar 31 2025 - Weekly Reports

Latest Iron Ore News

1
Bargain Hunters Interest For Champion Iron?

May 08 2025 - Technicals
2
Positive Reversal For Fortescue

May 06 2025 - Technicals
3
Fortescue: Quo Vadis The Dividend?

Feb 24 2025 - Commodities
4
Fortescue Looks Poised

Nov 05 2024 - Technicals
5
Quality Ore Elevates A Champion

Oct 10 2024 - ESG Focus
6
The Downs And Ups Of Mineral Resources

Sep 19 2024 - Commodities
7
Fortescue Shares Oversold

Jul 09 2024 - Technicals
8
Rudi’s View: Copper, Lithium, Retailers & TechnologyOne

Jun 27 2024 - Rudi's View
9
Deterra Seeks Growth Through Diversification

Jun 18 2024 - Small Caps
10
ESG Focus: The Little Big Things – 15-05-2024

May 15 2024 - ESG Focus