BABY BUNTING GROUP LIMITED (BBN)
Share Price Analysis and Chart

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BBN - BABY BUNTING GROUP LIMITED

FNArena Sector : Apparel & Footwear
Year End: June
GICS Industry Group : Retailing
Debt/EBITDA: 3.32
Index: ALL-ORDS

Baby Bunting is Australia's number one provider of nursery and baby products, including prams, car seats and babywear. Established in 1979, it became a listed company in 2015.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.75

07 Oct
2024

-0.030

OPEN

$1.77

-1.69%

HIGH

$1.77

60,046

LOW

$1.70

TARGET
$1.74 -0.6% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AX1 . CCX . CTT . MOZ . MYR . PMV . UNI .
FNARENA'S MARKET CONSENSUS FORECASTS
BBN: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 1.3 7.9 xxx
DPS (cps) xxx 0.0 5.2 xxx
EPS Growth xxx - 82.9% 100.0% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 22.8 xxx
Dividend Yield xxx N/A 2.9% xxx
Div Pay Ratio(%) xxx N/A 66.3% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

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: 04/03 - ex-div 1.8c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx1.3
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx498.4 M
Book Value Per Share xxxxxxxxxxxxxxx74.8
Net Operating Cash Flow xxxxxxxxxxxxxxx40.1 M
Net Profit Margin xxxxxxxxxxxxxxx0.34 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx1.63 %
Return on Invested Capital xxxxxxxxxxxxxxx0.69 %
Return on Assets xxxxxxxxxxxxxxx0.50 %
Return on Equity xxxxxxxxxxxxxxx1.63 %
Return on Total Capital xxxxxxxxxxxxxxx5.13 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx25.5 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx37 M
Long Term Debt xxxxxxxxxxxxxxx138 M
Total Debt xxxxxxxxxxxxxxx175 M
Goodwill - Gross xxxxxxxxxxxxxxx45 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx10 M
Price To Book Value xxxxxxxxxxxxxxx2.07

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx8.6 M
Capex % of Sales xxxxxxxxxxxxxxx1.73 %
Cost of Goods Sold xxxxxxxxxxxxxxx353 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx131 M
Research & Development xxxxxxxxxxxxxxx0 M
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

0.2

No. Of Recommendations

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

Citi

xx/xx/xxxx

3

xxxxxxx/xxxx xxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

21/08/2024

3

Hold

$1.60

-8.57%

Baby Bunting's FY24 result appears to have met Ord Minnett's subdued expectations.

Looking ahead, the broker observes a 3.5% jump in the first seven weeks of FY25 trading, suggesting stabilising conditions.

Management retains FY25 gross profit margin guidance of 40% but the broker considers them to be ambitious given challenging retail conditions and the higher cost of living, expecting wage inflation and higher freight prices will weigh.

Hold rating and $1.60 target price retained. 

FORECAST
Ord Minnett forecasts a full year FY25 dividend of 5.00 cents and EPS of 7.50 cents.
Ord Minnett forecasts a full year FY26 dividend of 8.00 cents and EPS of 11.20 cents.

Morgans

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

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

Wilsons

22/08/2024

1

Overweight

$2.10

20.00%

Baby Bunting posted FY24 group sales that were down -3% and net profit that was down -75%, yet Wilsons notes the first half trading update was positive amid gross margin momentum and like-for-like sales stability.

Going forward the broker is encouraged by the return to growth that was achieved despite the removal of the key loyalty program and major pricing changes that drove gross margin expansion.

Overweight rating retained. Target is raised to $2.10 from $1.80.

FORECAST
Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of 8.10 cents.
Wilsons forecasts a full year FY26 dividend of 7.80 cents and EPS of 15.70 cents.
Access Extra Coverage Research History >

BBN STOCK CHART

FNArena News on BBN

1
Caution & Gyrations Dominated August Results

Sep 02 2024 - Australia
2
Weekly Ratings, Targets, Forecast Changes – 23-08-24

Aug 26 2024 - Weekly Reports
3
Australian Broker Call *Extra* Edition – Aug 22, 2024

Aug 22 2024 - Daily Market Reports
4
FNArena Corporate Results Monitor – 21-08-2024

Aug 21 2024 - Australia
5
Rudi’s View: Diverging Risks In A Polarised Market

Jul 03 2024 - Rudi's View

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