FLETCHER BUILDING LIMITED (FBU)
Share Price Analysis and Chart

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FBU

FBU - FLETCHER BUILDING LIMITED

FNArena Sector : Building Products & Services
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 3.73
Index: ASX200 | ASX300 | ALL-ORDS

Fletcher Building is a New Zealand construction & engineering company. It also manufactures and markets a range of building products in Australia and New Zealand. It was de-merged from Fletcher Challenge and listed on the ASX & NZX in 2001.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.85

03 Nov
2025

-0.010

OPEN

$2.85

-0.35%

HIGH

$2.87

855,256

LOW

$2.84

TARGET
$3.13 9.8% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ACF . BRI . FBR . JHX . MGH . RWC . SFC . SRG . WGN .
FNARENA'S MARKET CONSENSUS FORECASTS
FBU: 1
Title FY26
Forecast		 FY27
Forecast
EPS (cps) 15.8 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 18.7 xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

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: 14/09 - ex-div 14.7c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx-37.7
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx6,379.6 M
Book Value Per Share xxxxxxxxxxxxxxx312.9
Net Operating Cash Flow xxxxxxxxxxxxxxx477.1 M
Net Profit Margin xxxxxxxxxxxxxxx-5.25 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx-10.52 %
Return on Invested Capital xxxxxxxxxxxxxxx-5.76 %
Return on Assets xxxxxxxxxxxxxxx-4.34 %
Return on Equity xxxxxxxxxxxxxxx-10.52 %
Return on Total Capital xxxxxxxxxxxxxxx5.54 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx221.7 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx215 M
Long Term Debt xxxxxxxxxxxxxxx2,257 M
Total Debt xxxxxxxxxxxxxxx2,472 M
Goodwill - Gross xxxxxxxxxxxxxxx412 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx129 M
Price To Book Value xxxxxxxxxxxxxxx0.86

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx255.4 M
Capex % of Sales xxxxxxxxxxxxxxx4.00 %
Cost of Goods Sold xxxxxxxxxxxxxxx4,601 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,444 M
Research & Development xxxxxxxxxxxxxxx2 M
Investments - Total xxxxxxxxxxxxxxx358 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

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

-

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

-

xx.xx%

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Citi

14/10/2025

1

Buy

-

-

Fletcher Building's September quarter update was broadly in line with Citi’s expectations, with patchy trading conditions across key segments.

The broker notes sequential improvement in Wallboards, Cement and Ready Mix, while Frame and Truss volumes remained positive. Residential and Aggregates activity weakened, highlighting continued softness in housing and infrastructure demand.

Management is targeting further cost reductions of around -NZ$100m, mainly through back-office efficiencies, which could help de-risk FY26 earnings.

The broker maintains its view that housing recovery remains the key driver for operational improvement.

Buy rating. NZ$3.50 target.

FORECAST
Citi forecasts a full year FY26 dividend of 0.00 cents and EPS of 17.52 cents.
Citi forecasts a full year FY27 dividend of 5.90 cents and EPS of 23.52 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$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

20/10/2025

1

Buy

-

-

Buy rating and NZ$4.15 price target retained for Fletcher Building as the Q1 trading update provided further confirmation of ongoing soft dynamics across most divisions, Jarden comments.

Management is seen as doing its best, ramping up its scheduled cost-out program, but the broker observes management is also still indicating margins are still under pressure.

In line with management's own outlook, Jarden is not expecting anything meaningful in recovery before FY27.
Access Extra Coverage Research History >

FBU STOCK CHART

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Sep 10 2025 - Rudi's View
5
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Aug 21 2025 - Australia

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