BRAVURA SOLUTIONS LIMITED (BVS)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

BVS - BRAVURA SOLUTIONS LIMITED

Year End: June
GICS Industry Group : NONE
Debt/EBITDA: 0.62
Index: ALL-ORDS | ALL-TECH

Bravura Solutions is an Australian company providing software solutions for the wealth management, life insurance and funds administration industries. Established in 2004 it first listed in 2006, before relisting in 2016 following restructuring.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.57

02 Dec
2024

0.030

OPEN

$1.56

1.95%

HIGH

$1.61

1,131,919

LOW

$1.56

TARGET
$1.51 -3.8% downside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
AEF . AMP . ASX . AVC . CGF . CVW . ENN . GDC . GDG . GQG . HMC . HUB . IFL . IFT . IRE . KAM . KSL . MAF . MFG . MQG . NGI . NWL . PAC . PNI . PPS . PPT . PTM . QAL . RPL . RZI .
FNARENA'S MARKET CONSENSUS FORECASTS
BVS: 1
Title FY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps) xxx 2.0 4.7 xxx
DPS (cps) xxx 0.0 1.7 xxx
EPS Growth xxx N/A 100.0% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 33.4 xxx
Dividend Yield xxx N/A 1.1% xxx
Div Pay Ratio(%) xxx N/A 36.2% 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

Last ex-div: 02/09 - ex-div 3.2c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx2.0
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx249.0 M
Book Value Per Share xxxxxxxxxxxxxxx29.8
Net Operating Cash Flow xxxxxxxxxxxxxxx29.9 M
Net Profit Margin xxxxxxxxxxxxxxx3.52 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx6.76 %
Return on Invested Capital xxxxxxxxxxxxxxx5.99 %
Return on Assets xxxxxxxxxxxxxxx3.58 %
Return on Equity xxxxxxxxxxxxxxx6.76 %
Return on Total Capital xxxxxxxxxxxxxxx8.16 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx26.1 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 xxxxxxxxxxxxxxx5 M
Long Term Debt xxxxxxxxxxxxxxx13 M
Total Debt xxxxxxxxxxxxxxx17 M
Goodwill - Gross xxxxxxxxxxxxxxx220 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx90 M
Price To Book Value xxxxxxxxxxxxxxx3.62

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx6.5 M
Capex % of Sales xxxxxxxxxxxxxxx2.61 %
Cost of Goods Sold xxxxxxxxxxxxxxx210 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx27 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 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

0.5

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

15/08/2024

3

Neutral

$1.32

-15.92%

Bravura Solutions' FY24 result was broadly in line with guidance. FY25 earnings guidance is ahead of Macquarie's expectations, despite revenue guidance being below.

The balance sheet is in a strong position and will be further strengthened by the receipt of licence fee payments from Fidelity. This will fund a $20m buyback in FY25, the broker notes.

Earnings continue to be supported by better-than-expected outcomes on costs. Valuation appeal is emerging, however Macquarie needs to see evidence of sustainable top-line growth to take a more positive view.

Target rises to $1.32 from $1.26, Neutral retained.

FORECAST
Macquarie forecasts a full year FY25 dividend of 2.80 cents and EPS of 4.70 cents.
Macquarie forecasts a full year FY26 dividend of 3.00 cents and EPS of 5.00 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

Wilsons

19/08/2024

1

Overweight

$1.47

-6.37%

Bravura Solutions' FY24 numbers were all in line with guidance and consensus. The annualisation of further cost out remains the key financial driver in the short term, Wilsons suggests.

The broker sees FY24 as the year of stabilisation, FY25 as the year of consolidation and incremental investment, and FY26 as the year when Bravura returns to top-line growth and favourable operating leverage comes through.

The company announced a capital buyback of $20m with the flagged, but yet-to-be-approved $75m capital return expected in March quarter.

Target rises to $1.47 from $1.43, Overweight retained.

FORECAST
Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of 5.10 cents.
Wilsons forecasts a full year FY26 dividend of 3.40 cents and EPS of 5.70 cents.

BVS STOCK CHART