D2O Relative Valuation - Duxton Water Ltd - Alpha Spread

Duxton Water Ltd
ASX:D2O

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Duxton Water Ltd
ASX:D2O
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Price: 1.355 AUD 0.74% Market Closed
Market Cap: 199.8m AUD
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Relative Value

The Relative Value of one D2O stock under the Base Case scenario is 2.391 AUD. Compared to the current market price of 1.355 AUD, Duxton Water Ltd is Undervalued by 43%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

D2O Relative Value
Base Case
2.391 AUD
Undervaluation 43%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
41
vs Industry
6
Median 3Y
9.9
Median 5Y
6.2
Industry
1.7
Forward
7.2
vs History
66
vs Industry
15
Median 3Y
20.4
Median 5Y
19.6
Industry
15.1
Forward
17.2
vs History
vs Industry
1
Median 3Y
-29.8
Median 5Y
-27.2
Industry
7
vs History
vs Industry
Median 3Y
-29.1
Median 5Y
-11.3
Industry
13.7
vs History
71
vs Industry
47
Median 3Y
1.3
Median 5Y
1.2
Industry
1.4
vs History
41
vs Industry
5
Median 3Y
15.6
Median 5Y
9.6
Industry
2.8
Forward
10.6
vs History
82
vs Industry
18
Median 3Y
16.8
Median 5Y
15.4
Industry
7.5
vs History
95
vs Industry
17
Median 3Y
21.2
Median 5Y
20.2
Industry
10.2
Forward
13
vs History
95
vs Industry
29
Median 3Y
21.2
Median 5Y
20.2
Industry
14.7
Forward
13
vs History
vs Industry
1
Median 3Y
-44.9
Median 5Y
-44.9
Industry
11
vs History
vs Industry
Median 3Y
-16.4
Median 5Y
-12.9
Industry
15.3
vs History
65
vs Industry
28
Median 3Y
1.1
Median 5Y
1.1
Industry
0.9

Multiples Across Competitors

D2O Competitors Multiples
Duxton Water Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Duxton Water Ltd
ASX:D2O
211.9m AUD 6.8 18 11.9 11.9
US
American Water Works Company Inc
NYSE:AWK
28.7B USD 6.6 30 18 26.5
BR
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP
BOVESPA:SBSP3
64.7B BRL 2.4 15.9 7.3 10.2
UK
Severn Trent PLC
LSE:SVT
7.9B GBP 3.4 56.2 16.1 29.5
US
Essential Utilities Inc
NYSE:WTRG
10.4B USD 5.4 18.7 16.8 25.4
UK
United Utilities Group PLC
LSE:UU
7.2B GBP 3.7 56.4 16.5 31.4
BR
Basic Sanitation Company of the State of Sao Paulo SABESP
SWB:SAJA
4.5B EUR 1 6.8 3.9 5.4
HK
Guangdong Investment Ltd
HKEX:270
30.1B HKD 1.2 10 5.8 8.3
US
California Water Service Group
NYSE:CWT
3.2B USD 3.2 18.1 14.1 23.4
US
American States Water Co
NYSE:AWR
3.2B USD 5.6 29.6 18.6 23.1
CN
Beijing Capital Eco-Environment Protection Group Co Ltd
SSE:600008
20.6B CNY 1 15.6 14.8 14.8

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