BHP GROUP LIMITED (BHP)
Share Price Analysis and Chart

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BHP

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

$40.15

20 Feb
2025

-0.830

OPEN

$40.40

-2.03%

HIGH

$40.55

11,593,432

LOW

$39.71

TARGET
$44.933 11.9% 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) 330.9 xxx
DPS (cps) 156.5 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 12.5 xxx
Dividend Yield 3.8% xxx
Div Pay Ratio(%) 47.3% 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: 4.81%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.57

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

UBS

xx/xx/xxxx

3

xxxxxxx

$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

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

19/02/2025

1

Add

$48.10

19.80%

First half results from BHP Group were largely in line with expectations. Morgans has some concerns regarding the company's ability to pursue US$20-30bn in new copper growth projects globally.

The main issue is whether such growth can be supported as well as an above-market dividend yield, along with potential acquisitions, such as Anglo American.

The broker considers it a "better than average probability" a fresh approach will be made for Anglo American.

Add rating maintained. Target is reduced to $48.10 from $49.70.

FORECAST
Morgans forecasts a full year FY25 dividend of 154.22 cents and EPS of 424.49 cents.
Morgans forecasts a full year FY26 dividend of 167.97 cents and EPS of 334.40 cents.

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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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

20/02/2025

1

Buy

$49.40

23.04%

Goldman Sachs notes BHP Group's 1H25 result was in line with forecast, but highlighted the copper division's EBITDA was 6% higher than its estimate.

The broker remains bullish on copper and expects BHP’s copper EBITDA to increase by US$5bn to US$12bn by FY26 (45% of group EBITDA).  The analyst reiterated its view that the group's net debt ceiling is "conservative."

The broker lifted FY26 EBITDA estimate by 1% and lowered copper unit's costs at Escondida and Spence going forward. Target price rises to  $49.4 from $46.8, and Buy retained.

FORECAST
Goldman Sachs forecasts a full year FY25 dividend of 155.75 cents and EPS of 311.50 cents.
Goldman Sachs forecasts a full year FY26 dividend of 172.54 cents and EPS of 343.56 cents.
Access Extra Coverage Research History >

BHP STOCK CHART

FNArena News on BHP

1
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Feb 21 2025 - Weekly Reports
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Feb 20 2025 - Daily Market Reports
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FNArena Corporate Results Monitor – 19-02-2025

Feb 19 2025 - Australia
5
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