DETERRA ROYALTIES LIMITED (DRR)
Share Price Analysis and Chart

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DRR

DRR - DETERRA ROYALTIES LIMITED

FNArena Sector : Iron Ore
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.63
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

$4.13

27 Aug
2026

-0.090

OPEN

$4.23

-2.13%

HIGH

$4.25

2,078,490

LOW

$4.12

TARGET
$4.55 10.2% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ARI . CIA . FEX . FMG . GEN . GRR . MGX . MIN .
FNARENA'S MARKET CONSENSUS FORECASTS
DRR: 1
Title FY25
Actual		 FY26
Actual		 FY27
Forecast		 FY28
Forecast
EPS (cps) xxx 31.0 26.7 xxx
DPS (cps) xxx 23.2 20.6 xxx
EPS Growth xxx 5.4% - 14.0% xxx
DPS Growth xxx 5.5% - 11.0% xxx
PE Ratio xxx N/A 15.5 xxx
Dividend Yield xxx N/A 5.0% xxx
Div Pay Ratio(%) xxx 74.8% 77.3% xxx

Dividend yield today if purchased 3 years ago: 5.21%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.60

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: 25/08 - ex-div 10.80c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx31.0
DPS All xxxxxxxxxxxxxxx23.2
Sales/Revenue xxxxxxxxxxxxxxx242.4 M
Book Value Per Share xxxxxxxxxxxxxxx26.9
Net Operating Cash Flow xxxxxxxxxxxxxxx169.5 M
Net Profit Margin xxxxxxxxxxxxxxx67.74 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx122.86 %
Return on Invested Capital xxxxxxxxxxxxxxx46.53 %
Return on Assets xxxxxxxxxxxxxxx37.71 %
Return on Equity xxxxxxxxxxxxxxx122.86 %
Return on Total Capital xxxxxxxxxxxxxxx64.28 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx36.5 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 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx143 M
Total Debt xxxxxxxxxxxxxxx143 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx11 M
Price To Book Value xxxxxxxxxxxxxxx17.45

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx2.9 M
Capex % of Sales xxxxxxxxxxxxxxx1.20 %
Cost of Goods Sold xxxxxxxxxxxxxxx1 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx14 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

0.1

No. Of Recommendations

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

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Macquarie

19/08/2026

3

Neutral

$4.70

13.80%

Deterra Royalties' FY26 result was in line across all metrics, Macquarie reports. Asset sales reduce net debt to $133m from $271m last year. The dividend was in line on a consistent 75% payout ratio.

Deterra successfully completed the disposal of non-core precious metal assets, reducing the effective cost of acquiring Thacker Pass. Management stated that volatility in commodity and equity markets has caused delays in the acquisition pipeline.

Balance sheet capacity supports medium-term growth optionality, but ongoing MAC concentration and the unresolved CEO appointment limit near-term conviction, Macquarie suggests. Neutral and $4.70 target retained.

FORECAST
Macquarie forecasts a full year FY27 dividend of 19.70 cents and EPS of 25.40 cents.
Macquarie forecasts a full year FY28 dividend of 22.40 cents and EPS of 27.90 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxx xx xxxxxxxxxxx xxxx xxxxxxxxxx

$xx.xx

(xx/xx/xxxx)

xx.xx%

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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 >

DRR STOCK CHART

FNArena News on DRR

1
FNArena Corporate Results Monitor – 19-08-2026

Aug 19 2026 - Australia
2
Weekly Ratings, Targets, Forecast Changes – 10-07-26

Jul 13 2026 - Weekly Reports
3
Rudi’s View: July’s Stock Pickers’ Favourites

Jul 09 2026 - Rudi's View
4
Rudi’s View: Stagflation, No Recession

Apr 30 2026 - Rudi's View
5
The Investment Case For Deterra Royalties

Apr 14 2026 - Commodities

Latest Iron Ore News

1
Rising Costs Hit Fortescue Hard

Aug 05 2026 - Commodities
2
Breakout Opportunity In Mineral Resources

Apr 14 2026 - Technicals
3
Fortescue Shares Finding Technical Support

Nov 18 2025 - Technicals
4
Risk Has Shifted To More Upside For MinRes

Oct 16 2025 - Technicals
5
Mineral Resources Shares Targeting $45

Sep 10 2025 - Technicals
6
Can Champion Iron Deliver On Growth Projects?

Aug 06 2025 - Commodities
7
Execution Remains Key For Mineral Resources

Aug 01 2025 - Commodities
8
Iron Ore Worries Overshadow Fortescue’s FY26

Jul 28 2025 - Australia
9
Bargain Hunters Interest For Champion Iron?

May 08 2025 - Technicals
10
Positive Reversal For Fortescue

May 06 2025 - Technicals