DALRYMPLE BAY INFRASTRUCTURE LIMITED (DBI)
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DBI - DALRYMPLE BAY INFRASTRUCTURE LIMITED

FNArena Sector : Infrastructure & Utilities
Year End: December
GICS Industry Group : NONE
Debt/EBITDA: 8.62
Index: ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.54

20 Dec
2024

0.050

OPEN

$3.50

1.43%

HIGH

$3.54

531,910

LOW

$3.47

TARGET
$3.45 -2.5% downside
Franking for last dividend paid out: 67%
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 FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx 14.9 15.6 xxx
DPS (cps) xxx 20.8 22.0 xxx
EPS Growth xxx 7.2% 4.6% xxx
DPS Growth xxx 8.4% 5.8% xxx
PE Ratio xxx N/A 22.7 xxx
Dividend Yield xxx N/A 6.2% xxx
Div Pay Ratio(%) xxx 139.5% 141.0% xxx

Dividend yield today if purchased 3 years ago: 10.30%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

5.88

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 © 2024 FactSet UK Limited. All rights reserved
Title 20192020202120222023
EPS Basic xxxxxxxxxxxx14.9
DPS All xxxxxxxxxxxx20.8
Sales/Revenue xxxxxxxxxxxx642.1 M
Book Value Per Share xxxxxxxxxxxx221.9
Net Operating Cash Flow xxxxxxxxxxxx172.1 M
Net Profit Margin xxxxxxxxxxxx11.51 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20192020202120222023
Return on Capital Employed xxxxxxxxxxxx6.55 %
Return on Invested Capital xxxxxxxxxxxx2.55 %
Return on Assets xxxxxxxxxxxx1.93 %
Return on Equity xxxxxxxxxxxx6.55 %
Return on Total Capital xxxxxxxxxxxx6.72 %
Free Cash Flow ex dividends xxxxxxxxxxxx70.7 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 20192020202120222023
Short-Term Debt xxxxxxxxxxxx448 M
Long Term Debt xxxxxxxxxxxx1,834 M
Total Debt xxxxxxxxxxxx2,282 M
Goodwill - Gross xxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxx451 M
Price To Book Value xxxxxxxxxxxx1.21

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20192020202120222023
Capex xxxxxxxxxxxx39.1 M
Capex % of Sales xxxxxxxxxxxx6.09 %
Cost of Goods Sold xxxxxxxxxxxx413 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxx4 M
Research & Development xxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxx100 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

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Citi

27/08/2024

1

Buy

$3.40

-3.95%

Dalrymple Bay Infrastructure reported "solid" 1H24 earnings, Citi notes, including 8% growth in revenue from terminal infrastructure charge.

A 10.8c dividend was announced. The broker forecasts the dividend to grow to 22.5c in the next 12-months offering an attractive yield around 7.2%.

A further circa $395m in projects are in progress, with the asset base expected to increase by circa $165m in FY26 and $116m in FY27, a boost to the long-term growth in terminal charges as inflation eases, the broker highlights.

Buy rating unchanged. Target price lifts to $3.40 from $3.

FORECAST
Citi forecasts a full year FY24 dividend of 22.00 cents and EPS of 15.60 cents.
Citi forecasts a full year FY25 dividend of 22.90 cents and EPS of 18.50 cents.

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

DBI STOCK CHART