BEACON LIGHTING GROUP LIMITED (BLX)
Share Price Analysis and Chart

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BLX - BEACON LIGHTING GROUP LIMITED

FNArena Sector : Furniture & Renovation
Year End: June
GICS Industry Group : Retailing
Debt/EBITDA: 1.85
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.05

23 Dec
2024

0.000

OPEN

$3.05

0.000

HIGH

$3.05

0

LOW

$3.05

TARGET
$3.207 5.1% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ADH . GWA . HVN . JBH . JYC . NCK . REH . TPW .
FNARENA'S MARKET CONSENSUS FORECASTS
BLX: 1
Title FY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps) xxx 13.4 13.9 xxx
DPS (cps) xxx 7.9 8.1 xxx
EPS Growth xxx - 11.3% 3.7% xxx
DPS Growth xxx - 4.8% 1.9% xxx
PE Ratio xxx N/A 22.0 xxx
Dividend Yield xxx N/A 2.6% xxx
Div Pay Ratio(%) xxx 59.2% 58.1% xxx

Dividend yield today if purchased 3 years ago: 2.76%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

2.59

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: 05/09 - ex-div 3.8c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx13.4
DPS All xxxxxxxxxxxxxxx7.9
Sales/Revenue xxxxxxxxxxxxxxx323.5 M
Book Value Per Share xxxxxxxxxxxxxxx73.1
Net Operating Cash Flow xxxxxxxxxxxxxxx75.1 M
Net Profit Margin xxxxxxxxxxxxxxx9.30 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx19.12 %
Return on Invested Capital xxxxxxxxxxxxxxx11.51 %
Return on Assets xxxxxxxxxxxxxxx8.20 %
Return on Equity xxxxxxxxxxxxxxx19.12 %
Return on Total Capital xxxxxxxxxxxxxxx16.13 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx52.5 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 xxxxxxxxxxxxxxx52 M
Long Term Debt xxxxxxxxxxxxxxx105 M
Total Debt xxxxxxxxxxxxxxx157 M
Goodwill - Gross xxxxxxxxxxxxxxx14 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx36 M
Price To Book Value xxxxxxxxxxxxxxx3.42

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx9.0 M
Capex % of Sales xxxxxxxxxxxxxxx2.78 %
Cost of Goods Sold xxxxxxxxxxxxxxx100 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx173 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx20 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

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Citi

22/10/2024

1

Buy

$3.12

2.30%

While October and November will have a greater impact in driving 1H25 results for Beacon Lighting, following 1Q results Citi suggests consensus may have to slightly reduce its expectation for 1H like-for-like sales growth of 1.5%.

In an initial take, the analyst deduces from a rather opaque update that 1Q25 sales momentum was positive for online and trade, implying retail like-for-like sales are still on the decline.

Positive catalysts for the stock price should be warmer weather (fan sales) and/or a reduction in interest rates, believes the broker.

Buy rating. Target $3.12.

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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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

28/10/2024

2

Overweight

$3.00

-1.64%

Post Beacon Lighting's AGM update, Jarden sees stable trade growth and a potential retail recovery in FY26.

Management highlighted robust momentum in the trade segment, offsetting softness in retail, with trade expected to achieve a 16.5% compound average growth rate through FY28.

Jarden's EPS forecast is lowered slighly for FY25 with FY26-27 estimates revised up by around 1-2%.

The gross margin forecast remains stable at 68%, supported by cost control and new product releases. 

Target rises to $3 from $2.70, Overweight retained.

FORECAST
Jarden forecasts a full year FY25 dividend of 9.90 cents and EPS of 13.80 cents.
Jarden forecasts a full year FY26 dividend of 11.00 cents and EPS of 16.20 cents.

BLX STOCK CHART