BRICKWORKS LIMITED (BKW)
Share Price Analysis and Chart

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BKW - BRICKWORKS LIMITED

FNArena Sector : Building Products & Services
Year End: July
GICS Industry Group : Materials
Debt/EBITDA: 9.71
Index: ASX200 | ASX300 | ALL-ORDS

Brickworks is an Australian manufacturer and supplier of building materials, including bricks, pavers, concrete blocks and terracotta products. The company was formed in 1934 and listed on the ASX in 1962. Still has a controversial cross-ownership with Washington H Soul Pattinson.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$25.96

13 Dec
2024

0.130

OPEN

$25.76

0.50%

HIGH

$26.05

124,291

LOW

$25.62

TARGET
$30.625 18.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ACF . BRI . FBR . FBU . JHX . JLG . MGH . RWC . SFC . SRG . WGN .
FNARENA'S MARKET CONSENSUS FORECASTS
BKW: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 88.2 128.7 xxx
DPS (cps) xxx 67.0 61.5 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx 3.1% - 8.2% xxx
PE Ratio xxx N/A 20.2 xxx
Dividend Yield xxx N/A 2.4% xxx
Div Pay Ratio(%) xxx N/A 47.8% xxx

Dividend yield today if purchased 3 years ago: 2.74%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.58

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: 04/11 - ex-div 43c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-88.2
DPS All xxxxxxxxxxxxxxx67.0
Sales/Revenue xxxxxxxxxxxxxxx1,083.1 M
Book Value Per Share xxxxxxxxxxxxxxx2,222.9
Net Operating Cash Flow xxxxxxxxxxxxxxx104.0 M
Net Profit Margin xxxxxxxxxxxxxxx-10.82 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-3.38 %
Return on Invested Capital xxxxxxxxxxxxxxx-2.47 %
Return on Assets xxxxxxxxxxxxxxx-1.96 %
Return on Equity xxxxxxxxxxxxxxx-3.38 %
Return on Total Capital xxxxxxxxxxxxxxx1.00 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-69.9 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 xxxxxxxxxxxxxxx55 M
Long Term Debt xxxxxxxxxxxxxxx1,294 M
Total Debt xxxxxxxxxxxxxxx1,349 M
Goodwill - Gross xxxxxxxxxxxxxxx308 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx63 M
Price To Book Value xxxxxxxxxxxxxxx1.30

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx74.9 M
Capex % of Sales xxxxxxxxxxxxxxx6.91 %
Cost of Goods Sold xxxxxxxxxxxxxxx749 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx286 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx4,259 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

0.4

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Bell Potter

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxx

$xx.xx

xx.xx%

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Morgans

30/09/2024

3

Hold

$28.75

10.75%

Following Brickworks' FY24 result, Morgans has an unchanged view: the short-to medium-term outlook remains relatively soft, which will see group strategy shifting to cashflow generation from investment.

For the longer-term, the broker believes the business remains well positioned to capitalise on improved market conditions. It's felt margins are set to benefit from recent plant investment, portfolio rationalisation and restructuring.

A fully franked final dividend of 43 cents was declared, a 1 cent increase on the previous corresponding period.

The target falls to $28.75 from $30.00 after Morgans adopts a -10% discount to net tangible assets (NTA) for the investment in WH Soul Pattinson ((SOL)). Hold.

FORECAST
Morgans forecasts a full year FY25 dividend of 69.00 cents and EPS of 95.00 cents.
Morgans forecasts a full year FY26 dividend of 71.00 cents and EPS of 130.00 cents.

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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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

Jarden

28/11/2024

3

Neutral

$30.00

15.56%

After attending the Brickworks AGM, the analysts at Jarden observe management has implemented cost controls to mitigate lower
volumes, while the company further progresses its property trust portfolio.

The 1Q trading update revealed weaker conditions across the core bricks/masonry businesses, highlights the broker. Building Products Australia revenues fell by -5% year-on-year, missing the 1H consensus forecast by -3%.

Jarden hints at potential structural challenges relating to material substitution as Building Products North American revenues fell by -12% year-on-year, significantly below the consensus expectation and underperformed the general market.

The target falls to $29.10 from $30. Neutral.

FORECAST
Jarden forecasts a full year FY25 dividend of 69.00 cents and EPS of 114.30 cents.
Jarden forecasts a full year FY26 dividend of 71.00 cents and EPS of 146.00 cents.
Access Extra Coverage Research History >

BKW STOCK CHART

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