DUG TECHNOLOGY LIMITED (DUG)
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DUG

DUG - DUG TECHNOLOGY LIMITED

FNArena Sector : Cloud services
Year End: June
GICS Industry Group : Software & Services
Debt/EBITDA: 2.17
Index: ALL-ORDS | ALL-TECH

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.06

24 Mar
2025

-0.040

OPEN

$1.12

-3.64%

HIGH

$1.12

145,039

LOW

$1.05

TARGET
$2.665 151.4% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
DUG: 1
Title FY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps) xxx 3.6 - 1.9 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx - 43.2% N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

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
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx3.6
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx100.0 M
Book Value Per Share xxxxxxxxxxxxxxx37.5
Net Operating Cash Flow xxxxxxxxxxxxxxx18.2 M
Net Profit Margin xxxxxxxxxxxxxxx4.23 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx11.15 %
Return on Invested Capital xxxxxxxxxxxxxxx6.56 %
Return on Assets xxxxxxxxxxxxxxx4.43 %
Return on Equity xxxxxxxxxxxxxxx11.15 %
Return on Total Capital xxxxxxxxxxxxxxx17.12 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-29.5 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 xxxxxxxxxxxxxxx16 M
Long Term Debt xxxxxxxxxxxxxxx37 M
Total Debt xxxxxxxxxxxxxxx52 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx14 M
Price To Book Value xxxxxxxxxxxxxxx7.37

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx47.8 M
Capex % of Sales xxxxxxxxxxxxxxx47.81 %
Cost of Goods Sold xxxxxxxxxxxxxxx65 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx22 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 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

1.0

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

xx/xx/xxxx

1

xxx, xxxx xxxx

$xx.xx

xx.xx%

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Ord Minnett

28/02/2025

1

Buy

$2.33

119.81%

Ord Minnett notes Dug Technology's 1H result disappointed with revenue down -4% y/y and EBITDA down -26%.

The broker reckons bad news appears to be out of the way with the company's order book increasing sharply to $42.2m at the end of January vs $32.9m in end-December.

Given the soft 1H, the broker cut EBITDA forecast for FY25-27 by -9-27%. Target price drops to $2.33 from $2.67, and Buy maintained.

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -2.30 cents.
Ord Minnett forecasts a full year FY26 dividend of 0.00 cents and EPS of 2.70 cents.

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

Wilsons

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

Canaccord Genuity

21/11/2024

1

Buy

$3.20

201.89%

DUG Technology delivered FY24 revenue growth of 29% year-on-year and anticipates further growth of 11% in FY25, supported by a record sales pipeline, notes Canaccord Genuity.

The company’s Elastic MP-FWI technology has gained validation from leading players like Chevron and Shell, positioning it as a key tool for seismic reservoir management, suggests the analyst.

While quarterly performance has been volatile, management aims to achieve $8m for earnings EBITDA per quarter in 2H25 with a margin near 36%, highlights the broker, driven by pipeline conversion and increased demand for Elastic MP-FWI.

Canaccord retains a Buy rating and a $3.20 target price, viewing the recent share price sell-off as overdone.

FORECAST
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 1.00 cents.
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 4.00 cents.

DUG STOCK CHART