BOWEN COKING COAL LIMITED (BCB)
Share Price Analysis and Chart

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BCB - BOWEN COKING COAL LIMITED

FNArena Sector : Coal
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -4.57
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.01

25 Sep
2024

0.000

OPEN

$0.01

0.000

HIGH

$0.01

0

LOW

$0.01

TARGET
$0.05 400.0% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
BCB: 1
Title FY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps) xxx - 3.7 0.2 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 6.0 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A 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
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-3.7
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx441.9 M
Book Value Per Share xxxxxxxxxxxxxxx0.3
Net Operating Cash Flow xxxxxxxxxxxxxxx-3.6 M
Net Profit Margin xxxxxxxxxxxxxxx-21.60 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-425.94 %
Return on Invested Capital xxxxxxxxxxxxxxx-104.94 %
Return on Assets xxxxxxxxxxxxxxx-25.68 %
Return on Equity xxxxxxxxxxxxxxx-425.94 %
Return on Total Capital xxxxxxxxxxxxxxx-38.30 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-86.1 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 xxxxxxxxxxxxxxx50 M
Long Term Debt xxxxxxxxxxxxxxx109 M
Total Debt xxxxxxxxxxxxxxx159 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx22 M
Price To Book Value xxxxxxxxxxxxxxx15.16

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx85.2 M
Capex % of Sales xxxxxxxxxxxxxxx19.28 %
Cost of Goods Sold xxxxxxxxxxxxxxx491 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx20 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx2 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

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

23/09/2024

1

Buy

$0.05

400.00%

Bowen Coking Coal announced FY24 financial reports including a FY25 trading update.

As per Shaw and Partners, the company reported an annual net loss but the 2H24 was a turnaround to profitability. The broker notes higher mining rates over the last four months of an average 311kt p.a. are well above the 250kt p.a. target.

Shaw and Partners cuts EBITDA forecasts by -20% and -36% for FY25/FY26, respectively, because of increased cost estimates and a delay in the refurbishment of the second stage of Burton CHPP until FY24.

Target price at 5c and Buy rating, High risk unchanged with an upbeat outlook on coking coal.

FORECAST
Shaw and Partners forecasts a full year FY25 dividend of 0.00 cents and EPS of 0.20 cents.
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.30 cents.

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

Petra Capital

01/08/2024

1

Buy

$0.08

700.00%

Operationally, Bowen Coking Coal's Burton complex is producing well, but transport logistics, closure costs, and prices have offset some of those improvements, Petra Capital notes.

The key element however is the balance sheet. In the June Q report, management discusses options around coal prepayments, working capital facilities, and royalty deferrals.

These are possible, but Petra forecasts that Bowen will need an equity injection in the near-term to cover its upcoming debt and capex commitments. Target falls to 8c from 12c, Buy retained.

FORECAST
Petra Capital forecasts a full year FY25 dividend of 0.00 cents and EPS of 1.60 cents.

BCB STOCK CHART