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Dalrymple Bay Infrastructure Limited

DBI.AXIndustrialsASX

Integrated Freight & Logistics

PriceMA150MA200
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Financials · Annual
Revenue
$659.4M
-2.9% YoY
Net Income
$29.3M
-64.2% YoY
EBITDA
$296.0M
-0.2% YoY
Free Cash Flow
-$47.9M

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About Dalrymple Bay Infrastructure Limited

Headquartered within the industrials sector, Dalrymple Bay Infrastructure Limited focuses on Integrated Freight & Logistics services and products. Dalrymple Bay Infrastructure Limited owns the lease of and right to operate the Dalrymple Bay terminal, a metallurgical coal export facility in Bowen Basin in Queensland, Australia. Valued at $2.71B, DBI.AX is a mid-cap name in its sector. It provides terminal infrastructure and services for producers and consumers of Australian coal exports.

Key stats
Market Cap$2.71B
P/E (TTM)91.17
Fwd P/E22.22
EPS$0.06
Beta0.28
52W Change+34.9%
Dividend Yield4.61%
ROE2.8%
Analysis

Dalrymple Bay Infrastructure Limited carries $2.20B in total debt against $129.3M in cash reserves — debt is roughly 17.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow is running at -$47.9M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at 2.8%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 4.5% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $579.1M to $659.4M.

DBI.AX's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. At over 50x earnings, DBI.AX carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Dalrymple Bay Infrastructure Limited's trajectory.

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