BAPCOR LIMITED (BAP)
Share Price Analysis and Chart

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BAP - BAPCOR LIMITED

FNArena Sector : Automobiles & Components
Year End: June
GICS Industry Group : Retailing
Debt/EBITDA: 3.35
Index: ASX200 | ASX300 | ALL-ORDS

Bapcor is Australia's leading provider of aftermarket automotive parts and accessories. Its brands include Autopro, Auto Barn and Burson Auto Parts. Originally founded in 1971, it became a listed company in 2014.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.52

21 Nov
2024

-0.040

OPEN

$4.60

-0.88%

HIGH

$4.60

456,963

LOW

$4.50

TARGET
$5.24 15.9% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AMA . AOV . APE . ARB . ASG . CAR . IFM . MTO . MXI . PWH . PWR . RPM . SFC . SNL . SUL . VMT .
FNARENA'S MARKET CONSENSUS FORECASTS
BAP: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 46.6 29.3 xxx
DPS (cps) xxx 15.0 16.5 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx - 31.8% 9.7% xxx
PE Ratio xxx N/A 15.6 xxx
Dividend Yield xxx N/A 3.6% xxx
Div Pay Ratio(%) xxx N/A 56.2% xxx

Dividend yield today if purchased 3 years ago: 2.01%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 3.28

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 5.50c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-46.6
DPS All xxxxxxxxxxxxxxx15.0
Sales/Revenue xxxxxxxxxxxxxxx2,036.9 M
Book Value Per Share xxxxxxxxxxxxxxx263.3
Net Operating Cash Flow xxxxxxxxxxxxxxx125.8 M
Net Profit Margin xxxxxxxxxxxxxxx-7.77 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-15.69 %
Return on Invested Capital xxxxxxxxxxxxxxx-9.84 %
Return on Assets xxxxxxxxxxxxxxx-7.54 %
Return on Equity xxxxxxxxxxxxxxx-15.69 %
Return on Total Capital xxxxxxxxxxxxxxx6.73 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx22.2 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 xxxxxxxxxxxxxxx66 M
Long Term Debt xxxxxxxxxxxxxxx628 M
Total Debt xxxxxxxxxxxxxxx694 M
Goodwill - Gross xxxxxxxxxxxxxxx552 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx72 M
Price To Book Value xxxxxxxxxxxxxxx1.95

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx57.3 M
Capex % of Sales xxxxxxxxxxxxxxx2.81 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,695 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx229 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx8 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

0.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

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Ord Minnett

17/10/2024

3

Hold

$5.30

17.26%

Ord Minnett observes 1Q25 sales growth for Bapcor as a meagre 0.7% as reported at the company's AGM update, compared to 7.7% growth in sales for the first five weeks of FY25.

The analyst notes retail continues to struggle with trade and specialist performing well.

Earnings will be driven by expected cost savings of -$20m-$30m in FY25, including a headcount reduction and warehouse consolidation, with a weighting to 2H25. This is in line with management's previous guidance.

Adjusting for the more sluggish sales growth, Ord Minnett reduces earnings forecasts by -2.5% for FY25 and FY26.

Hold rating unchanged. Target price declines to $5.30 from $5.40.

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 17.00 cents and EPS of 29.40 cents.
Ord Minnett forecasts a full year FY26 dividend of 19.00 cents and EPS of 32.50 cents.

Macquarie

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

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UBS

xx/xx/xxxx

-1

xx xxxxxx

xx.xx%

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Access Stockbroker Research History >
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

Canaccord Genuity

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Goldman Sachs

26/08/2024

3

Neutral

$5.20

15.04%

Bapcor's FY24 result was in line with estimates with the company announcing various cost reduction measures to offset a deteriorating operating performance given the challenging environment.

The broker is cautious regarding the timing of any material turnaround until there is evidence of operating improvement and a robust strategic direction. Neutral maintained. Target is $5.20.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 15.00 cents and EPS of 29.00 cents.
Goldman Sachs forecasts a full year FY26 dividend of 15.00 cents and EPS of 34.00 cents.
Access Extra Coverage Research History >

BAP STOCK CHART

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2
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