BHP GROUP LIMITED (BHP)
Share Price Analysis and Chart

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BHP - BHP GROUP LIMITED

FNArena Sector : Bulks
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.72
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

BHP Group is an Anglo-Australian multinational bulks, metals and (soon to be) potash producer. BHP is Australia's largest company by market cap, representing circa 11% of the ASX200. As the Broken Hill Proprietary Co it was first listed in August 1885.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$40.61

21 Jan
2025

0.370

OPEN

$40.64

0.92%

HIGH

$40.97

5,710,971

LOW

$40.23

TARGET
$45.233

-0.07 change from previous day

 11.4% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
RIO .
FNARENA'S MARKET CONSENSUS FORECASTS
BHP: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 308.3 xxx
DPS (cps) 167.8 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 13.0 xxx
Dividend Yield 4.2% xxx
Div Pay Ratio(%) 54.4% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 5.09%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.73

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: 12/09 - ex-div 109.21c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx237.8
DPS All xxxxxxxxxxxxxxx220.6
Sales/Revenue xxxxxxxxxxxxxxx84,936.7 M
Book Value Per Share xxxxxxxxxxxxxxx1,323.3
Net Operating Cash Flow xxxxxxxxxxxxxxx31,535.8 M
Net Profit Margin xxxxxxxxxxxxxxx14.19 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx17.99 %
Return on Invested Capital xxxxxxxxxxxxxxx13.05 %
Return on Assets xxxxxxxxxxxxxxx7.89 %
Return on Equity xxxxxxxxxxxxxxx17.99 %
Return on Total Capital xxxxxxxxxxxxxxx33.33 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx6,369.7 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx3,120 M
Long Term Debt xxxxxxxxxxxxxxx27,901 M
Total Debt xxxxxxxxxxxxxxx31,022 M
Goodwill - Gross xxxxxxxxxxxxxxx2,083 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx19,105 M
Price To Book Value xxxxxxxxxxxxxxx3.23

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx14,151.0 M
Capex % of Sales xxxxxxxxxxxxxxx16.66 %
Cost of Goods Sold xxxxxxxxxxxxxxx41,080 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx8,691 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx4,329 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

0.8

No. Of Recommendations

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

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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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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Morgan Stanley

22/01/2025

1

Overweight

$48.50

19.43%

Morgan Stanley describes BHP Group's second quarter as "strong" operationally, with most products meeting or exceeding both the broker's and consensus forecasts.

The analysts anticipate a slightly negative impact on revenue and earnings (EBITDA) due to lower realised copper prices. A stronger performance for copper in Chile offset weaker-than-expected Copper South America sales, explains the broker.

Overweight rating. Target $48.50. The industry view remains Attractive.

FORECAST
Morgan Stanley forecasts a full year FY25 dividend of 175.01 cents and EPS of 321.11 cents.
Morgan Stanley forecasts a full year FY26 dividend of 200.88 cents and EPS of 330.24 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

1

xxx

$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

Goldman Sachs

22/01/2025

1

Buy

$46.80

15.24%

Goldman Sachs observes BHP Group announced a strong 2Q25 report with copper and iron ore production exceeding expectations and reaching the upper end of guidance. Unit costs in IH25 are trending at the top end of FY25 guidance, the broker states.

Realised copper and iron ore prices were softer than anticipated.

The analyst estimates net debt will reach US$14bn in FY25, with potential peak capex of US$15bn and net debt of US$20bn. BHP's net debt ceiling appears "conservative" to the broker, who suggests a balance sheet target based on a leverage ratio would be more appropriate than net debt.

The broker lowers EPS estimates by -4% in FY25 and -1% in FY26. Target price moves down to $46.80 from $47.50.

No change to Buy rating.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 156.75 cents and EPS of 315.02 cents.
Goldman Sachs forecasts a full year FY26 dividend of 171.97 cents and EPS of 342.41 cents.
Access Extra Coverage Research History >

BHP STOCK CHART

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