This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsBoral (BLD) 주식 개요Boral Limited는 호주에서 수직적으로 통합된 건축 자재 회사로 운영되고 있습니다. 자세히 보기BLD 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장1/6과거 실적4/6재무 건전성6/6배당3/6강점수익은 매년 11.09% 증가할 것으로 예상됩니다.지난 1년간 수익이 583.1% 증가했습니다.위험 분석불안정한 배당 실적모든 위험 점검 보기BLD Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$5.8525.0% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-155m6b2016201920222025202620282031Revenue AU$4.1bEarnings AU$236.8mAdvancedSet Fair ValueView all narrativesBoral Limited 경쟁사CSRSymbol: ASX:CSRMarket cap: AU$4.3bJames Hardie IndustriesSymbol: ASX:JHXMarket cap: AU$16.2bWagners HoldingSymbol: ASX:WGNMarket cap: AU$944.7mLynas Rare EarthsSymbol: ASX:LYCMarket cap: AU$18.7b가격 이력 및 성과Boral 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가AU$5.8552주 최고가AU$6.3352주 최저가AU$3.94베타1.41개월 변동1.39%3개월 변동-1.85%1년 변동44.09%3년 변동-20.84%5년 변동8.94%IPO 이후 변동4.09%최근 뉴스 및 업데이트Board Change • Jun 26Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Jacqueline Chow was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공시 • Jun 24Boral Limited Announces Appointment of Gitanjali Bhalla and Robert Cotterill to the BoardBoral Limited advised that Gitanjali Bhalla and Robert Cotterill have been appointed to the Board effective 24 June 2024.공시 • May 18Boral Limited(ASX:BLD) dropped from FTSE All-World Index (USD)Boral Limited(ASX:BLD) dropped from FTSE All-World Index (USD)공시 • Apr 12Boral Limited (ASX:BLD) announces an Equity Buyback for 55,154,421 shares, representing 5% for AUD 354.09 million.Boral Limited (ASX:BLD) announces a share repurchase program. Under the program, the company will repurchase up to 55,154,421 shares, representing 5% of company's issued share capital for AUD 354.09 million. The shares will be repurchased at no more than AUD 6.42 per share. The purpose of the program is to provide enhanced liquidity for company's shareholders. The program will be valid till April 24, 2025. As of April 11, 2024, the company had 1,103,088,419 shares in issue.공시 • Mar 20Seven Group Holdings Limited (ASX:SVW) cancelled the acquisition of remaining 28.4% stake in Boral Limited (ASX:BLD).Seven Group Holdings Limited (ASX:SVW) made an offer to acquire remaining 28.4% stake in Boral Limited (ASX:BLD) for AUD 2 billion on February 19, 2024. Under the Merger Offer, SGH Bidder would acquire all of your Boral Shares for 0.1116 SGH Shares for each Boral Share and AUD 1.50 cash (the “Minimum Consideration”). The Merger Offer Consideration will increase by a further AUD 0.10 in cash if SGH Bidder reaches compulsory acquisition by achieving voting power of 90.6% or more. If both of these increases occur, SGH Bidder would acquire all of your Boral Shares for 0.1116 SGH Shares for each Boral Share and AUD 1.70 cash (the “Maximum Consideration”). The aggregate values of the Minimum Consideration and Maximum Consideration are AUD 6.05 and AUD 6.25 per Boral Share. SGH already has sufficient committed funding to make available to SGH Bidder to pay the Maximum Cash Offer Amount (and costs associated with the Offer) from a combination of SGH Group’s existing cash reserves (SGH has allocated cash of AUD 121 million out of its existing cash reserves for the purpose of partially funding the consideration under the Offer); committed and undrawn facilities under the SGH Corporate Loan Facility of AUD 765 million; AUD 240 million undrawn OEM facilities available to fund machines and rental equipment which are otherwise currently funded via the SGH Corporate Loan Facility; AUD 350 million undrawn master script loan agreements with three lenders of which AUD 200 million is currently permitted under the SGH Corporate Loan Facility with over AUD 1 billion of listed securities within the Group available to provide as security. SGH intends to enter into a transaction facility, SGH has received AUD 3 billion of “highly confident” commitments from domestic banks which are party to SGH’s current syndicated facility agreement, based on which it intends to enter into a new unsecured syndicated term loan bridge facility for up to AUD 400 million, to be provided to a related entity of SGH by a group of existing lenders to Corporate Loan Facility. The Board committee of Boral’s independent directors will communicate its recommended response to the SGH Offer in Boral’s Target’s Statement, which is expected to be dispatched to shareholders by March 19, 2024. The Target’s Statement will include an Independent Expert's Report opining on whether the Offer is fair and reasonable to Boral shareholders. At this stage, shareholders are advised to TAKE NO ACTION in response to the SGH Offer. The Offer scheduled to close on April 4, 2024. The Offer is not subject to any minimum acceptance condition. The Offer is only conditional upon the customary condition of no prescribed occurrences in relation to Boral. Barrenjoey Advisory Pty Limited and Macquarie Securities (Australia) Ltd. acted as financial advisor, Herbert Smith Freehills acted as legal advisor and Boardroom Pty Limited acted as Transfer agent to Seven Group Holdings Limited and Allens acted as legal advisor and UBS Securities Australia Ltd financial advisor to Boral Limited. The fee for professional services paid or payable to Barrenjoey as financial adviser to SGH Bidder is up to AUD 3.5 million. The fee for professional services paid or payable to Macquarie Capital as financial adviser to SGH Bidder is up to AUD 3.5 million. The fee for professional services paid or payable to Herbert Smith Freehills as legal adviser to date is approximately AUD 450,000. Seven Group Holdings Limited (ASX:SVW) cancelled the acquisition of remaining 28.4% stake in Boral Limited (ASX:BLD) on March 19, 2024.Reported Earnings • Feb 10First half 2024 earnings released: EPS: AU$0.11 (vs AU$0.063 in 1H 2023)First half 2024 results: EPS: AU$0.11 (up from AU$0.063 in 1H 2023). Revenue: AU$1.84b (up 9.4% from 1H 2023). Net income: AU$122.0m (up 75% from 1H 2023). Profit margin: 6.6% (up from 4.1% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Basic Materials industry in Australia. Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.더 많은 업데이트 보기Recent updatesBoard Change • Jun 26Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Jacqueline Chow was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공시 • Jun 24Boral Limited Announces Appointment of Gitanjali Bhalla and Robert Cotterill to the BoardBoral Limited advised that Gitanjali Bhalla and Robert Cotterill have been appointed to the Board effective 24 June 2024.공시 • May 18Boral Limited(ASX:BLD) dropped from FTSE All-World Index (USD)Boral Limited(ASX:BLD) dropped from FTSE All-World Index (USD)공시 • Apr 12Boral Limited (ASX:BLD) announces an Equity Buyback for 55,154,421 shares, representing 5% for AUD 354.09 million.Boral Limited (ASX:BLD) announces a share repurchase program. Under the program, the company will repurchase up to 55,154,421 shares, representing 5% of company's issued share capital for AUD 354.09 million. The shares will be repurchased at no more than AUD 6.42 per share. The purpose of the program is to provide enhanced liquidity for company's shareholders. The program will be valid till April 24, 2025. As of April 11, 2024, the company had 1,103,088,419 shares in issue.공시 • Mar 20Seven Group Holdings Limited (ASX:SVW) cancelled the acquisition of remaining 28.4% stake in Boral Limited (ASX:BLD).Seven Group Holdings Limited (ASX:SVW) made an offer to acquire remaining 28.4% stake in Boral Limited (ASX:BLD) for AUD 2 billion on February 19, 2024. Under the Merger Offer, SGH Bidder would acquire all of your Boral Shares for 0.1116 SGH Shares for each Boral Share and AUD 1.50 cash (the “Minimum Consideration”). The Merger Offer Consideration will increase by a further AUD 0.10 in cash if SGH Bidder reaches compulsory acquisition by achieving voting power of 90.6% or more. If both of these increases occur, SGH Bidder would acquire all of your Boral Shares for 0.1116 SGH Shares for each Boral Share and AUD 1.70 cash (the “Maximum Consideration”). The aggregate values of the Minimum Consideration and Maximum Consideration are AUD 6.05 and AUD 6.25 per Boral Share. SGH already has sufficient committed funding to make available to SGH Bidder to pay the Maximum Cash Offer Amount (and costs associated with the Offer) from a combination of SGH Group’s existing cash reserves (SGH has allocated cash of AUD 121 million out of its existing cash reserves for the purpose of partially funding the consideration under the Offer); committed and undrawn facilities under the SGH Corporate Loan Facility of AUD 765 million; AUD 240 million undrawn OEM facilities available to fund machines and rental equipment which are otherwise currently funded via the SGH Corporate Loan Facility; AUD 350 million undrawn master script loan agreements with three lenders of which AUD 200 million is currently permitted under the SGH Corporate Loan Facility with over AUD 1 billion of listed securities within the Group available to provide as security. SGH intends to enter into a transaction facility, SGH has received AUD 3 billion of “highly confident” commitments from domestic banks which are party to SGH’s current syndicated facility agreement, based on which it intends to enter into a new unsecured syndicated term loan bridge facility for up to AUD 400 million, to be provided to a related entity of SGH by a group of existing lenders to Corporate Loan Facility. The Board committee of Boral’s independent directors will communicate its recommended response to the SGH Offer in Boral’s Target’s Statement, which is expected to be dispatched to shareholders by March 19, 2024. The Target’s Statement will include an Independent Expert's Report opining on whether the Offer is fair and reasonable to Boral shareholders. At this stage, shareholders are advised to TAKE NO ACTION in response to the SGH Offer. The Offer scheduled to close on April 4, 2024. The Offer is not subject to any minimum acceptance condition. The Offer is only conditional upon the customary condition of no prescribed occurrences in relation to Boral. Barrenjoey Advisory Pty Limited and Macquarie Securities (Australia) Ltd. acted as financial advisor, Herbert Smith Freehills acted as legal advisor and Boardroom Pty Limited acted as Transfer agent to Seven Group Holdings Limited and Allens acted as legal advisor and UBS Securities Australia Ltd financial advisor to Boral Limited. The fee for professional services paid or payable to Barrenjoey as financial adviser to SGH Bidder is up to AUD 3.5 million. The fee for professional services paid or payable to Macquarie Capital as financial adviser to SGH Bidder is up to AUD 3.5 million. The fee for professional services paid or payable to Herbert Smith Freehills as legal adviser to date is approximately AUD 450,000. Seven Group Holdings Limited (ASX:SVW) cancelled the acquisition of remaining 28.4% stake in Boral Limited (ASX:BLD) on March 19, 2024.Reported Earnings • Feb 10First half 2024 earnings released: EPS: AU$0.11 (vs AU$0.063 in 1H 2023)First half 2024 results: EPS: AU$0.11 (up from AU$0.063 in 1H 2023). Revenue: AU$1.84b (up 9.4% from 1H 2023). Net income: AU$122.0m (up 75% from 1H 2023). Profit margin: 6.6% (up from 4.1% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Basic Materials industry in Australia. Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공시 • Jan 18+ 1 more updateBoral Limited Announces Chief Financial Officer ChangeBoral Limited announced that Belinda Shaw, Chief Financial Officer, has resigned and provided notice from her position. Stefan Camphausen will join Boral as Chief Financial Officer. Stefan is an experienced executive and has a considerable background as a CFO of complex industrial organizations in Australia and in Europe, leading large finance teams. His most recent role is as CFO of Bapcor, an ASX-listed firm. Stefan is expected to join Boral latest by July 2024, with exact start dates yet to be confirmed. Belinda will continue as CFO until Stefan joins Boral. Stefan Camphausen is an experienced CFO with more than 25 years of professional experience, including more than a decade of CFO experience across complex industrial organizations in Australia and Europe. Stefan has a demonstrated track record of leading large finance teams and successfully leading cultural and transformational change to enable growth and drive operational and financial efficiency. His most recent role was as CFO of Bapcor, an ASX-listed firm. Prior to Bapcor, Stefan was Chief Financial Officer of ASX-listed CIMIC Group and has held the CFO roles of increasing responsibility at CPB Contractors and Thiess, and senior finance roles at Hochtief in Europe. Stefan has a Bachelor of Business Administration from the University of Applied Sciences in Essen Germany, and an MBA from the NIMBAS-Bradford Management School in Utrecht Netherlands.공시 • Dec 21Boral Limited, Annual General Meeting, Oct 29, 2024Boral Limited, Annual General Meeting, Oct 29, 2024.공시 • Nov 28Boral Limited to Report Q2, 2024 Results on Feb 09, 2024Boral Limited announced that they will report Q2, 2024 results on Feb 09, 2024공시 • Sep 25Boral Limited Announces Retirement of Karen Moses as Non-Executive DirectorBoral Limited announced the retirement of Karen Moses as a non-executive director of the Board effective the close of the Annual General Meeting on, 26 October 2023. Ms Moses has been a non-executive director of Boral since March 2016 and is the Chair of the Health, Safety and Environment Committee and a member of the Audit and Risk and Independent and Related Party Committees.Buying Opportunity • Aug 30Now 23% undervaluedOver the last 90 days, the stock is up 15%. The fair value is estimated to be AU$5.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to AU$5.10, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 19x in the Basic Materials industry in Australia. Total returns to shareholders of 138% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$6.05 per share.공시 • Aug 12Boral Limited Announces Company Secretary ChangesBoral Limited (Boral) announced that Jean-Paul Wallace was appointed General Counsel on 1 August 2023 and has been appointed as Company Secretary effective 11 August 2023. In accordance with ASX Listing Rule 3.16.1, the company announced that Peter Lim, Interim General Counsel and CompanySecretary, has resigned as Company Secretary of Boral also with effect from 11 August 2023. In accordance with ASX Listing Rule 12.6, Jean-Paul Wallace is now responsible for communication with the ASX in relation to Listing Rule matters.Reported Earnings • Aug 11Full year 2023 earnings released: EPS: AU$0.14 (vs AU$0.015 loss in FY 2022)Full year 2023 results: EPS: AU$0.14 (up from AU$0.015 loss in FY 2022). Revenue: AU$3.46b (up 17% from FY 2022). Net income: AU$158.0m (up AU$175.0m from FY 2022). Profit margin: 4.6% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Basic Materials industry in Australia. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Aug 03Now 20% undervaluedOver the last 90 days, the stock is up 7.5%. The fair value is estimated to be AU$5.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.Buying Opportunity • Jul 18Now 20% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be AU$5.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.공시 • Jun 06Boral Limited Announces Board Changes, Effective June 30, 2023Boral Limited announced the retirement of Paul Rayner as a non-executive Director of the Board effective 30 June 2023. Mr. Rayner has been a non-executive Director of Boral since 5 September 2008, and serves as the Chairman of the Audit & Risk Committee. Mark Johnson has been appointed the Chairman of the Audit & Risk Committee, effective 30 June 2023. During his time as Chairman of the Audit & Risk Committee, Paul oversaw improvements in the Committee's processes and activities to ensure it added value to the group's financial reporting and risk management functions.공시 • May 09Boral Limited, Annual General Meeting, Oct 26, 2023Boral Limited, Annual General Meeting, Oct 26, 2023.공시 • May 08Boral Limited to Report Fiscal Year 2023 Results on Aug 10, 2023Boral Limited announced that they will report fiscal year 2023 results on Aug 10, 2023공시 • Feb 08Boral Limited Provides Earnings Guidance for the Second Half of Fiscal Year 2023Boral Limited provides earnings guidance for the second half of fiscal year 2023. The company expects second half of fiscal year 2023 EBIT to be broadly in line with first half fiscal year 2023.Reported Earnings • Feb 08First half 2023 earnings released: EPS: AU$0.063 (vs AU$0.02 in 1H 2022)First half 2023 results: EPS: AU$0.063 (up from AU$0.02 in 1H 2022). Revenue: AU$1.68b (up 12% from 1H 2022). Net income: AU$69.6m (up 219% from 1H 2022). Profit margin: 4.1% (up from 1.5% in 1H 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Basic Materials industry in Australia. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • Jan 27Boral Limited to Report First Half, 2023 Results on Feb 08, 2023Boral Limited announced that they will report first half, 2023 results on Feb 08, 2023Board Change • Dec 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO, MD & Executive Director Vik Bansal was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Nov 16Independent Non-Executive Director recently bought AU$56k worth of stockOn the 8th of November, Jacqueline Chow bought around 20k shares on-market at roughly AU$2.80 per share. This transaction increased Jacqueline's direct individual holding by 20x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth AU$75k. Insiders have collectively bought AU$470k more in shares than they have sold in the last 12 months.Board Change • Oct 18High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. 1 highly experienced director. Independent Non-Executive Director Paul Rayner is the most experienced director on the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Recent Insider Transactions • Sep 02Independent Non-Executive Director recently bought AU$75k worth of stockOn the 29th of August, Alan Robert Sindel bought around 25k shares on-market at roughly AU$3.00 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$414k more in shares than they have sold in the last 12 months.Reported Earnings • Aug 24Full year 2022 earnings released: AU$0.015 loss per share (vs AU$0.016 profit in FY 2021)Full year 2022 results: AU$0.015 loss per share (down from AU$0.016 profit in FY 2021). Revenue: AU$2.96b (up 1.1% from FY 2021). Net loss: AU$17.0m (down 189% from profit in FY 2021). Over the next year, revenue is forecast to grow 9.2%, compared to a 12% growth forecast for the Basic Materials industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Jacqueline Chow was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Apr 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Jacqueline Chow was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 17First half 2022 earnings: Revenues exceed analyst expectationsFirst half 2022 results: Revenue: AU$2.38b (down 12% from 1H 2021). Net income: AU$145.0m (up 26% from 1H 2021). Profit margin: 6.1% (up from 4.3% in 1H 2021). Revenue exceeded analyst estimates by 23%. Over the next year, revenue is forecast to grow 34%, compared to a 18% growth forecast for the industry in Australia.Buying Opportunity • Feb 05Now 41% undervalued after recent price dropOver the last 90 days, the stock is down 42%. The fair value is estimated to be AU$6.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% per annum over the last 3 years. The company has become profitable over the last year.Recent Insider Transactions • Dec 26CEO, MD & Director recently bought AU$239k worth of stockOn the 21st of December, Zlatko Todorcevski bought around 39k shares on-market at roughly AU$6.05 per share. This was the largest purchase by an insider in the last 3 months. Zlatko has been a buyer over the last 12 months, purchasing a net total of AU$747k worth in shares.Reported Earnings • Sep 25Full year 2021 earnings released: EPS AU$0.016 (vs AU$0.013 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: AU$2.92b (down 6.2% from FY 2020). Net income: AU$19.1m (up AU$34.7m from FY 2020). Profit margin: 0.7% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 26Full year 2021 earnings released: EPS AU$0.43 (vs AU$0.95 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$5.85b (up 3.1% from FY 2020). Net income: AU$5.61b (up AU$6.75b from FY 2020). Profit margin: 96% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Executive Departure • Aug 04Independent Non-Executive Chairman Kathryn Fagg has left the companyOn the 30th of July, Kathryn Fagg's tenure as Independent Non-Executive Chairman ended after 3.1 years in the role. As of March 2021, Kathryn still personally held 127.35k shares (AU$702k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.13 years, which is considered inexperienced in the Simply Wall St Risk Model.Board Change • Aug 02High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Chairman Ryan Stokes was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Is New 90 Day High Low • Mar 10New 90-day high: AU$5.54The company is up 16% from its price of AU$4.78 on 10 December 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$8.23 per share.Recent Insider Transactions • Feb 24Independent Non-Executive Director recently bought AU$76k worth of stockOn the 19th of February, Deborah O’Toole bought around 15k shares on-market at roughly AU$5.09 per share. In the last 3 months, there was an even bigger purchase from another insider worth AU$508k. Insiders have collectively bought AU$880k more in shares than they have sold in the last 12 months.Recent Insider Transactions • Feb 17CEO, MD & Director recently bought AU$508k worth of stockOn the 10th of February, Zlatko Todorcevski bought around 100k shares on-market at roughly AU$5.08 per share. This was the largest purchase by an insider in the last 3 months. Zlatko has been a buyer over the last 12 months, purchasing a net total of AU$513k worth in shares.Analyst Estimate Surprise Post Earnings • Feb 12Revenue misses expectationsRevenue missed analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 1.1%, compared to a 9.1% growth forecast for the Basic Materials industry in Australia.Reported Earnings • Feb 10First half 2021 earnings released: EPS AU$0.094 (vs AU$0.10 in 1H 2020)The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: AU$2.70b (down 8.7% from 1H 2020). Net income: AU$115.4m (down 2.7% from 1H 2020). Profit margin: 4.3% (up from 4.0% in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 03New 90-day high: AU$5.22The company is up 6.0% from its price of AU$4.93 on 05 November 2020. The Australian market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Basic Materials industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$7.72 per share.공시 • Jan 16Boral Reportedly Hires BoA for US Sell-OffBoral Limited (ASX:BLD) is forging ahead with a potential $2 billion sale of its US building products unit after appointing Bank of America to advise on a deal amid mounting shareholder pressure for a divestment. Boral said in October 2020 it would consider offloading its US building products businesses after receiving interest from suitors, depending on performance. Sources told The Australian the appointment of the investment bank was a clear signal Boral was now looking for a sale in 2021 in a process that could fetch the Sydney-based company $2 billion given the current strength in the US construction market. Shareholders including its largest investor, the Kerry Stokes-controlled Seven Group, have been pushing for it to offload its underperforming US division to unlock value for investors, particularly after it took a hefty $1.2 billion write down at its results, underlining the loss of value in the business. Boral is understood to be moving towards receiving formal offers from bidders. If it does sell US assets, it will mark yet another retreat by an Australian company from an offshore foray since Headwaters was acquired for $3.5 billion in late 2016. The mandate win for Bank of America saw the firm draw on its strong credentials and relationships in the US, and pip Macquarie Capital which had been Boral’s long-time adviser. Other US investment banks had also been jostling for the advisory role. The Australian’s Dataroom column revealed in October that Bank of America was in a strong position to win the sell-side Boral role. Bank of America is also close to Boral’s new Chief Executive Officer Zlatko Todorcevski, given his former role as Brambles’ Chief Financial Officer. The logistics group used Bank of America as a strategic adviser. Morgan Stanley upgraded Boral to overweight on January 14, 2021, saying further transformation was to come, including potential asset sales. “Boral has flagged an intention to test the market in 2021 and we believe that a favourable outcome could represent meaningful valuation upside for Boral,” the broker said. Cost-out initiatives and strengthening markets including momentum in housing may deliver a strong result for the company. The construction player said in October it would also look at new supply options for its fly-ash business, championed by Mr. Kane, due to the decline of coal-fired power plants in the US. It remains open to a divestment of fly-ash in addition to building products but said one buyer was unlikely to scoop up both. As Boral gets a sales process under way, investment bankers and lawyers are gearing up for a busy 2021 for takeovers and divestments.공시 • Dec 19General Shale Brick, Inc. signed an agreement to acquire Meridian Brick LLC from Lone Star Funds (Unspecified Vehicle), managed by Lone Star Americas Acquisitions, Inc. and Boral Limited (ASX:BLD) for approximately $250 million.General Shale Brick, Inc. signed an agreement to acquire Meridian Brick LLC from Lone Star Funds (Unspecified Vehicle), managed by Lone Star Americas Acquisitions, Inc. and Boral Limited (ASX:BLD) for approximately $250 million on December 18, 2020. The purchase price of $250 million is subject to customary adjustments. Boral will receive $125 million for it's 50% share in Meridian Brick LLC. The transaction consideration will be financed from existing credit lines. Meridian Brick generated revenues in excess of $400 million in the financial year to June 30, 2020. As part of this process, Meridian’s leadership was refreshed with the appointment of a new Chief Executive Officer in December 2018, and a stronger focus on improving performance. Meridian Brick employees will be joining General Shale. The transaction is subject to various closing conditions and regulatory approvals. The transaction is also subject to competition clearance and satisfaction of other conditions typical for a transaction of this nature. Completion of the transaction is targeted to occur in the first half of 2021. The acquisition will immediately double Wienerberger’s (parent entity of General Shale) North American revenues to greater than $800 million. Wienerberger AG expected EBITDA for North America is greater than $120 million post synergies by 2023.공시 • Oct 29Boral Limited Announces Board ChangesBoral Limited announced that John Marlay, who joined the Board in December 2009 and Eileen Doyle, who joined in March 2010, will retire from the Board of Boral.공시 • Oct 27Gebr. Knauf KG entered into an agreement to acquire 50% stake in USG Boral Joint Venture from Boral Limited (ASX:BLD) for $1 billion.Gebr. Knauf KG entered into an agreement to acquire 50% stake in USG Boral Joint Venture from Boral Limited (ASX:BLD) for $1 billion on October 27, 2020. If either party terminates Gebr. Knauf must pay to Boral a termination fee of $50 million. Prior to transaction close, Boral to receive a normal dividend of $32 million from USG Boral. Purchase price represents an attractive multiple of 15.1 times FY2020 normalized EBITDA of AUD 190 million ($131.2 million). Transaction is subject to typical conditions precedent including in relation to regulatory matters. The transaction is expected to close in FY2021. Final cash proceeds from the transaction are subject to typical post completion adjustments and will be applied to reduce net debt and fund growth investment in the retained portfolio.공시 • Oct 15Kathryn Fagg to Retire from the Board of Boral LimitedIn advance of Boral's Annual General Meeting (AGM) to be held on 27 October 2020, the Board has engaged with shareholders and listened to concerns that have been raised regarding director accountability for past performance and, for some shareholders, the level of current Board representation by Seven Group Holdings having regard to the level of uncertainty around Board renewal. The Board respects the position of shareholders on both issues. Boral's Chairman, Kathryn Fagg, has indicated that she is willing to retire from the Board.공시 • Oct 14+ 1 more updateBoral Limited Announces Executive ChangesBoral Limited announced that Tino La Spina has been appointed Strategy Officer of the company, effective 14 October 2020. Tino replaces Rosaline Ng who will work with Tino during a transition period and leave Boral in early 2021. Tino joins Boral after 14 years at Qantas in a number of strategy and finance roles, including as Group CFO for five years and most recently as CEO Qantas International. His responsibilities have encompassed all aspects of finance and strategy including balance sheet management, capital allocation, technology, procurement and portfolio re-alignment.공시 • Sep 28+ 1 more updateBoral Limited Announces Board ChangesBoral Limited announced that John Marlay and Eileen Doyle, who joined the Board in December 2009 and March 2010, respectively, will retire at the conclusion of this year's AGM.공시 • Sep 22A consortium of investors including Linc Property, Birchmead Property Group and Fini Group Pty Ltd. entered into an agreement to acquire Midland Brick from Boral Limited (ASX:BLD) for AUD 86 million.A consortium of investors including Linc Property, Birchmead Property Group and Fini Group Pty Ltd. entered into an agreement to acquire Midland Brick from Boral Limited (ASX:BLD) for AUD 86 million on August 23, 2019. The transaction is s subject to a number of customary pre-closing conditions (including third party consents and approval from The Australian Competition and Consumer Commission ) and is expected to complete by the end of this calendar year, or soon after. Proceeds from the sale will be used to reduce debt and fund strategic growth opportunities. As of February 10, 2020, transaction is expected to complete in second half of FY2020. As of August 28, 2020, transaction is expected to complete in FY2021. Stephen Dobbs and Malika Chandrasegaran of Herbert Smith Freehills acted as legal advisor to Boral Limited. Squire Patton Boggs acted as legal advisor to Linc Property Pty Ltd, Fini Group Pty Ltd. and Birchmead Pty Ltd.공시 • Aug 30Boral Limited Unable to Provide Guidance on Fiscal Year 2021Boral Limited unable to provide guidance on fiscal year 2021. The business environment remains challenging with continued disruptions and risks due to COVID-19, declining demand in key housing markets and mixed views on market recovery. At this point in time, the company unable to provide guidance on fiscal year 2021 due to insufficient market visibility and uncertainty.공시 • Aug 24Boral Limited Determines Not to Pay Final Dividend for Fiscal 2020The Board of Boral Limited has determined not to pay a final dividend for FY2020 given the significant uncertainty in the economic outlook and on the basis that Boral's interim dividend of 9.5 cents per share paid on 15 April 2020 represents approximately 63% of full year earnings. This payout ratio is in line with Boral's dividend policy to pay 50% to 70% of earnings before significant items, subject to the Company's financial position.주주 수익률BLDAU Basic MaterialsAU 시장7D0%-4.1%-1.7%1Y44.1%2.2%1.0%전체 주주 수익률 보기수익률 대 산업: BLD은 지난 1년 동안 2.2%의 수익을 기록한 Australian Basic Materials 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: BLD은 지난 1년 동안 1%를 기록한 Australian 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is BLD's price volatile compared to industry and market?BLD volatilityBLD Average Weekly Movement2.9%Basic Materials Industry Average Movement5.5%Market Average Movement10.5%10% most volatile stocks in AU Market17.4%10% least volatile stocks in AU Market4.4%안정적인 주가: BLD는 지난 3개월 동안 Australian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: BLD의 주간 변동성(3%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트19464,606Vik Bansalwww.boral.com.auBoral Limited는 호주에서 수직적으로 통합된 건축 자재 회사로 운영되고 있습니다. 이 회사는 건설 자재 및 부동산 부문을 통해 운영됩니다. 시멘트 인프라, 역청, 건설 자재 재활용, 아스팔트 및 콘크리트 배치 작업에 종사합니다.더 보기Boral Limited 기초 지표 요약Boral의 순이익과 매출은 시가총액과 어떻게 비교됩니까?BLD 기초 통계시가총액AU$6.30b순이익 (TTM)AU$210.40m매출 (TTM)AU$3.62b30.0x주가수익비율(P/E)1.7x주가매출비율(P/S)BLD는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표BLD 손익계산서 (TTM)매출AU$3.62b매출원가AU$2.58b총이익AU$1.04b기타 비용AU$825.40m순이익AU$210.40m최근 보고된 실적Dec 31, 2023다음 실적 발표일Aug 09, 2024주당순이익(EPS)0.19총이익률28.62%순이익률5.81%부채/자본 비율39.8%BLD의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당4.5%현재 배당 수익률n/a배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/07/04 00:05종가2024/06/06 00:00수익2023/12/31연간 수익2023/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Boral Limited는 12명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Shaurya VisenBofA Global ResearchAndrew ScottCGS InternationalSamuel SeowCitigroup Inc9명의 분석가 더 보기
Board Change • Jun 26Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Jacqueline Chow was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공시 • Jun 24Boral Limited Announces Appointment of Gitanjali Bhalla and Robert Cotterill to the BoardBoral Limited advised that Gitanjali Bhalla and Robert Cotterill have been appointed to the Board effective 24 June 2024.
공시 • May 18Boral Limited(ASX:BLD) dropped from FTSE All-World Index (USD)Boral Limited(ASX:BLD) dropped from FTSE All-World Index (USD)
공시 • Apr 12Boral Limited (ASX:BLD) announces an Equity Buyback for 55,154,421 shares, representing 5% for AUD 354.09 million.Boral Limited (ASX:BLD) announces a share repurchase program. Under the program, the company will repurchase up to 55,154,421 shares, representing 5% of company's issued share capital for AUD 354.09 million. The shares will be repurchased at no more than AUD 6.42 per share. The purpose of the program is to provide enhanced liquidity for company's shareholders. The program will be valid till April 24, 2025. As of April 11, 2024, the company had 1,103,088,419 shares in issue.
공시 • Mar 20Seven Group Holdings Limited (ASX:SVW) cancelled the acquisition of remaining 28.4% stake in Boral Limited (ASX:BLD).Seven Group Holdings Limited (ASX:SVW) made an offer to acquire remaining 28.4% stake in Boral Limited (ASX:BLD) for AUD 2 billion on February 19, 2024. Under the Merger Offer, SGH Bidder would acquire all of your Boral Shares for 0.1116 SGH Shares for each Boral Share and AUD 1.50 cash (the “Minimum Consideration”). The Merger Offer Consideration will increase by a further AUD 0.10 in cash if SGH Bidder reaches compulsory acquisition by achieving voting power of 90.6% or more. If both of these increases occur, SGH Bidder would acquire all of your Boral Shares for 0.1116 SGH Shares for each Boral Share and AUD 1.70 cash (the “Maximum Consideration”). The aggregate values of the Minimum Consideration and Maximum Consideration are AUD 6.05 and AUD 6.25 per Boral Share. SGH already has sufficient committed funding to make available to SGH Bidder to pay the Maximum Cash Offer Amount (and costs associated with the Offer) from a combination of SGH Group’s existing cash reserves (SGH has allocated cash of AUD 121 million out of its existing cash reserves for the purpose of partially funding the consideration under the Offer); committed and undrawn facilities under the SGH Corporate Loan Facility of AUD 765 million; AUD 240 million undrawn OEM facilities available to fund machines and rental equipment which are otherwise currently funded via the SGH Corporate Loan Facility; AUD 350 million undrawn master script loan agreements with three lenders of which AUD 200 million is currently permitted under the SGH Corporate Loan Facility with over AUD 1 billion of listed securities within the Group available to provide as security. SGH intends to enter into a transaction facility, SGH has received AUD 3 billion of “highly confident” commitments from domestic banks which are party to SGH’s current syndicated facility agreement, based on which it intends to enter into a new unsecured syndicated term loan bridge facility for up to AUD 400 million, to be provided to a related entity of SGH by a group of existing lenders to Corporate Loan Facility. The Board committee of Boral’s independent directors will communicate its recommended response to the SGH Offer in Boral’s Target’s Statement, which is expected to be dispatched to shareholders by March 19, 2024. The Target’s Statement will include an Independent Expert's Report opining on whether the Offer is fair and reasonable to Boral shareholders. At this stage, shareholders are advised to TAKE NO ACTION in response to the SGH Offer. The Offer scheduled to close on April 4, 2024. The Offer is not subject to any minimum acceptance condition. The Offer is only conditional upon the customary condition of no prescribed occurrences in relation to Boral. Barrenjoey Advisory Pty Limited and Macquarie Securities (Australia) Ltd. acted as financial advisor, Herbert Smith Freehills acted as legal advisor and Boardroom Pty Limited acted as Transfer agent to Seven Group Holdings Limited and Allens acted as legal advisor and UBS Securities Australia Ltd financial advisor to Boral Limited. The fee for professional services paid or payable to Barrenjoey as financial adviser to SGH Bidder is up to AUD 3.5 million. The fee for professional services paid or payable to Macquarie Capital as financial adviser to SGH Bidder is up to AUD 3.5 million. The fee for professional services paid or payable to Herbert Smith Freehills as legal adviser to date is approximately AUD 450,000. Seven Group Holdings Limited (ASX:SVW) cancelled the acquisition of remaining 28.4% stake in Boral Limited (ASX:BLD) on March 19, 2024.
Reported Earnings • Feb 10First half 2024 earnings released: EPS: AU$0.11 (vs AU$0.063 in 1H 2023)First half 2024 results: EPS: AU$0.11 (up from AU$0.063 in 1H 2023). Revenue: AU$1.84b (up 9.4% from 1H 2023). Net income: AU$122.0m (up 75% from 1H 2023). Profit margin: 6.6% (up from 4.1% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Basic Materials industry in Australia. Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Board Change • Jun 26Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Jacqueline Chow was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공시 • Jun 24Boral Limited Announces Appointment of Gitanjali Bhalla and Robert Cotterill to the BoardBoral Limited advised that Gitanjali Bhalla and Robert Cotterill have been appointed to the Board effective 24 June 2024.
공시 • May 18Boral Limited(ASX:BLD) dropped from FTSE All-World Index (USD)Boral Limited(ASX:BLD) dropped from FTSE All-World Index (USD)
공시 • Apr 12Boral Limited (ASX:BLD) announces an Equity Buyback for 55,154,421 shares, representing 5% for AUD 354.09 million.Boral Limited (ASX:BLD) announces a share repurchase program. Under the program, the company will repurchase up to 55,154,421 shares, representing 5% of company's issued share capital for AUD 354.09 million. The shares will be repurchased at no more than AUD 6.42 per share. The purpose of the program is to provide enhanced liquidity for company's shareholders. The program will be valid till April 24, 2025. As of April 11, 2024, the company had 1,103,088,419 shares in issue.
공시 • Mar 20Seven Group Holdings Limited (ASX:SVW) cancelled the acquisition of remaining 28.4% stake in Boral Limited (ASX:BLD).Seven Group Holdings Limited (ASX:SVW) made an offer to acquire remaining 28.4% stake in Boral Limited (ASX:BLD) for AUD 2 billion on February 19, 2024. Under the Merger Offer, SGH Bidder would acquire all of your Boral Shares for 0.1116 SGH Shares for each Boral Share and AUD 1.50 cash (the “Minimum Consideration”). The Merger Offer Consideration will increase by a further AUD 0.10 in cash if SGH Bidder reaches compulsory acquisition by achieving voting power of 90.6% or more. If both of these increases occur, SGH Bidder would acquire all of your Boral Shares for 0.1116 SGH Shares for each Boral Share and AUD 1.70 cash (the “Maximum Consideration”). The aggregate values of the Minimum Consideration and Maximum Consideration are AUD 6.05 and AUD 6.25 per Boral Share. SGH already has sufficient committed funding to make available to SGH Bidder to pay the Maximum Cash Offer Amount (and costs associated with the Offer) from a combination of SGH Group’s existing cash reserves (SGH has allocated cash of AUD 121 million out of its existing cash reserves for the purpose of partially funding the consideration under the Offer); committed and undrawn facilities under the SGH Corporate Loan Facility of AUD 765 million; AUD 240 million undrawn OEM facilities available to fund machines and rental equipment which are otherwise currently funded via the SGH Corporate Loan Facility; AUD 350 million undrawn master script loan agreements with three lenders of which AUD 200 million is currently permitted under the SGH Corporate Loan Facility with over AUD 1 billion of listed securities within the Group available to provide as security. SGH intends to enter into a transaction facility, SGH has received AUD 3 billion of “highly confident” commitments from domestic banks which are party to SGH’s current syndicated facility agreement, based on which it intends to enter into a new unsecured syndicated term loan bridge facility for up to AUD 400 million, to be provided to a related entity of SGH by a group of existing lenders to Corporate Loan Facility. The Board committee of Boral’s independent directors will communicate its recommended response to the SGH Offer in Boral’s Target’s Statement, which is expected to be dispatched to shareholders by March 19, 2024. The Target’s Statement will include an Independent Expert's Report opining on whether the Offer is fair and reasonable to Boral shareholders. At this stage, shareholders are advised to TAKE NO ACTION in response to the SGH Offer. The Offer scheduled to close on April 4, 2024. The Offer is not subject to any minimum acceptance condition. The Offer is only conditional upon the customary condition of no prescribed occurrences in relation to Boral. Barrenjoey Advisory Pty Limited and Macquarie Securities (Australia) Ltd. acted as financial advisor, Herbert Smith Freehills acted as legal advisor and Boardroom Pty Limited acted as Transfer agent to Seven Group Holdings Limited and Allens acted as legal advisor and UBS Securities Australia Ltd financial advisor to Boral Limited. The fee for professional services paid or payable to Barrenjoey as financial adviser to SGH Bidder is up to AUD 3.5 million. The fee for professional services paid or payable to Macquarie Capital as financial adviser to SGH Bidder is up to AUD 3.5 million. The fee for professional services paid or payable to Herbert Smith Freehills as legal adviser to date is approximately AUD 450,000. Seven Group Holdings Limited (ASX:SVW) cancelled the acquisition of remaining 28.4% stake in Boral Limited (ASX:BLD) on March 19, 2024.
Reported Earnings • Feb 10First half 2024 earnings released: EPS: AU$0.11 (vs AU$0.063 in 1H 2023)First half 2024 results: EPS: AU$0.11 (up from AU$0.063 in 1H 2023). Revenue: AU$1.84b (up 9.4% from 1H 2023). Net income: AU$122.0m (up 75% from 1H 2023). Profit margin: 6.6% (up from 4.1% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Basic Materials industry in Australia. Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공시 • Jan 18+ 1 more updateBoral Limited Announces Chief Financial Officer ChangeBoral Limited announced that Belinda Shaw, Chief Financial Officer, has resigned and provided notice from her position. Stefan Camphausen will join Boral as Chief Financial Officer. Stefan is an experienced executive and has a considerable background as a CFO of complex industrial organizations in Australia and in Europe, leading large finance teams. His most recent role is as CFO of Bapcor, an ASX-listed firm. Stefan is expected to join Boral latest by July 2024, with exact start dates yet to be confirmed. Belinda will continue as CFO until Stefan joins Boral. Stefan Camphausen is an experienced CFO with more than 25 years of professional experience, including more than a decade of CFO experience across complex industrial organizations in Australia and Europe. Stefan has a demonstrated track record of leading large finance teams and successfully leading cultural and transformational change to enable growth and drive operational and financial efficiency. His most recent role was as CFO of Bapcor, an ASX-listed firm. Prior to Bapcor, Stefan was Chief Financial Officer of ASX-listed CIMIC Group and has held the CFO roles of increasing responsibility at CPB Contractors and Thiess, and senior finance roles at Hochtief in Europe. Stefan has a Bachelor of Business Administration from the University of Applied Sciences in Essen Germany, and an MBA from the NIMBAS-Bradford Management School in Utrecht Netherlands.
공시 • Dec 21Boral Limited, Annual General Meeting, Oct 29, 2024Boral Limited, Annual General Meeting, Oct 29, 2024.
공시 • Nov 28Boral Limited to Report Q2, 2024 Results on Feb 09, 2024Boral Limited announced that they will report Q2, 2024 results on Feb 09, 2024
공시 • Sep 25Boral Limited Announces Retirement of Karen Moses as Non-Executive DirectorBoral Limited announced the retirement of Karen Moses as a non-executive director of the Board effective the close of the Annual General Meeting on, 26 October 2023. Ms Moses has been a non-executive director of Boral since March 2016 and is the Chair of the Health, Safety and Environment Committee and a member of the Audit and Risk and Independent and Related Party Committees.
Buying Opportunity • Aug 30Now 23% undervaluedOver the last 90 days, the stock is up 15%. The fair value is estimated to be AU$5.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to AU$5.10, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 19x in the Basic Materials industry in Australia. Total returns to shareholders of 138% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$6.05 per share.
공시 • Aug 12Boral Limited Announces Company Secretary ChangesBoral Limited (Boral) announced that Jean-Paul Wallace was appointed General Counsel on 1 August 2023 and has been appointed as Company Secretary effective 11 August 2023. In accordance with ASX Listing Rule 3.16.1, the company announced that Peter Lim, Interim General Counsel and CompanySecretary, has resigned as Company Secretary of Boral also with effect from 11 August 2023. In accordance with ASX Listing Rule 12.6, Jean-Paul Wallace is now responsible for communication with the ASX in relation to Listing Rule matters.
Reported Earnings • Aug 11Full year 2023 earnings released: EPS: AU$0.14 (vs AU$0.015 loss in FY 2022)Full year 2023 results: EPS: AU$0.14 (up from AU$0.015 loss in FY 2022). Revenue: AU$3.46b (up 17% from FY 2022). Net income: AU$158.0m (up AU$175.0m from FY 2022). Profit margin: 4.6% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Basic Materials industry in Australia. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Aug 03Now 20% undervaluedOver the last 90 days, the stock is up 7.5%. The fair value is estimated to be AU$5.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.
Buying Opportunity • Jul 18Now 20% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be AU$5.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.
공시 • Jun 06Boral Limited Announces Board Changes, Effective June 30, 2023Boral Limited announced the retirement of Paul Rayner as a non-executive Director of the Board effective 30 June 2023. Mr. Rayner has been a non-executive Director of Boral since 5 September 2008, and serves as the Chairman of the Audit & Risk Committee. Mark Johnson has been appointed the Chairman of the Audit & Risk Committee, effective 30 June 2023. During his time as Chairman of the Audit & Risk Committee, Paul oversaw improvements in the Committee's processes and activities to ensure it added value to the group's financial reporting and risk management functions.
공시 • May 09Boral Limited, Annual General Meeting, Oct 26, 2023Boral Limited, Annual General Meeting, Oct 26, 2023.
공시 • May 08Boral Limited to Report Fiscal Year 2023 Results on Aug 10, 2023Boral Limited announced that they will report fiscal year 2023 results on Aug 10, 2023
공시 • Feb 08Boral Limited Provides Earnings Guidance for the Second Half of Fiscal Year 2023Boral Limited provides earnings guidance for the second half of fiscal year 2023. The company expects second half of fiscal year 2023 EBIT to be broadly in line with first half fiscal year 2023.
Reported Earnings • Feb 08First half 2023 earnings released: EPS: AU$0.063 (vs AU$0.02 in 1H 2022)First half 2023 results: EPS: AU$0.063 (up from AU$0.02 in 1H 2022). Revenue: AU$1.68b (up 12% from 1H 2022). Net income: AU$69.6m (up 219% from 1H 2022). Profit margin: 4.1% (up from 1.5% in 1H 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Basic Materials industry in Australia. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • Jan 27Boral Limited to Report First Half, 2023 Results on Feb 08, 2023Boral Limited announced that they will report first half, 2023 results on Feb 08, 2023
Board Change • Dec 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO, MD & Executive Director Vik Bansal was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Nov 16Independent Non-Executive Director recently bought AU$56k worth of stockOn the 8th of November, Jacqueline Chow bought around 20k shares on-market at roughly AU$2.80 per share. This transaction increased Jacqueline's direct individual holding by 20x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth AU$75k. Insiders have collectively bought AU$470k more in shares than they have sold in the last 12 months.
Board Change • Oct 18High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. 1 highly experienced director. Independent Non-Executive Director Paul Rayner is the most experienced director on the board, commencing their role in 2008. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Recent Insider Transactions • Sep 02Independent Non-Executive Director recently bought AU$75k worth of stockOn the 29th of August, Alan Robert Sindel bought around 25k shares on-market at roughly AU$3.00 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$414k more in shares than they have sold in the last 12 months.
Reported Earnings • Aug 24Full year 2022 earnings released: AU$0.015 loss per share (vs AU$0.016 profit in FY 2021)Full year 2022 results: AU$0.015 loss per share (down from AU$0.016 profit in FY 2021). Revenue: AU$2.96b (up 1.1% from FY 2021). Net loss: AU$17.0m (down 189% from profit in FY 2021). Over the next year, revenue is forecast to grow 9.2%, compared to a 12% growth forecast for the Basic Materials industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Jacqueline Chow was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Apr 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Jacqueline Chow was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 17First half 2022 earnings: Revenues exceed analyst expectationsFirst half 2022 results: Revenue: AU$2.38b (down 12% from 1H 2021). Net income: AU$145.0m (up 26% from 1H 2021). Profit margin: 6.1% (up from 4.3% in 1H 2021). Revenue exceeded analyst estimates by 23%. Over the next year, revenue is forecast to grow 34%, compared to a 18% growth forecast for the industry in Australia.
Buying Opportunity • Feb 05Now 41% undervalued after recent price dropOver the last 90 days, the stock is down 42%. The fair value is estimated to be AU$6.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% per annum over the last 3 years. The company has become profitable over the last year.
Recent Insider Transactions • Dec 26CEO, MD & Director recently bought AU$239k worth of stockOn the 21st of December, Zlatko Todorcevski bought around 39k shares on-market at roughly AU$6.05 per share. This was the largest purchase by an insider in the last 3 months. Zlatko has been a buyer over the last 12 months, purchasing a net total of AU$747k worth in shares.
Reported Earnings • Sep 25Full year 2021 earnings released: EPS AU$0.016 (vs AU$0.013 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: AU$2.92b (down 6.2% from FY 2020). Net income: AU$19.1m (up AU$34.7m from FY 2020). Profit margin: 0.7% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 26Full year 2021 earnings released: EPS AU$0.43 (vs AU$0.95 loss in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$5.85b (up 3.1% from FY 2020). Net income: AU$5.61b (up AU$6.75b from FY 2020). Profit margin: 96% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Executive Departure • Aug 04Independent Non-Executive Chairman Kathryn Fagg has left the companyOn the 30th of July, Kathryn Fagg's tenure as Independent Non-Executive Chairman ended after 3.1 years in the role. As of March 2021, Kathryn still personally held 127.35k shares (AU$702k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.13 years, which is considered inexperienced in the Simply Wall St Risk Model.
Board Change • Aug 02High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Non-Executive Chairman Ryan Stokes was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Is New 90 Day High Low • Mar 10New 90-day high: AU$5.54The company is up 16% from its price of AU$4.78 on 10 December 2020. The Australian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$8.23 per share.
Recent Insider Transactions • Feb 24Independent Non-Executive Director recently bought AU$76k worth of stockOn the 19th of February, Deborah O’Toole bought around 15k shares on-market at roughly AU$5.09 per share. In the last 3 months, there was an even bigger purchase from another insider worth AU$508k. Insiders have collectively bought AU$880k more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Feb 17CEO, MD & Director recently bought AU$508k worth of stockOn the 10th of February, Zlatko Todorcevski bought around 100k shares on-market at roughly AU$5.08 per share. This was the largest purchase by an insider in the last 3 months. Zlatko has been a buyer over the last 12 months, purchasing a net total of AU$513k worth in shares.
Analyst Estimate Surprise Post Earnings • Feb 12Revenue misses expectationsRevenue missed analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 1.1%, compared to a 9.1% growth forecast for the Basic Materials industry in Australia.
Reported Earnings • Feb 10First half 2021 earnings released: EPS AU$0.094 (vs AU$0.10 in 1H 2020)The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: AU$2.70b (down 8.7% from 1H 2020). Net income: AU$115.4m (down 2.7% from 1H 2020). Profit margin: 4.3% (up from 4.0% in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 03New 90-day high: AU$5.22The company is up 6.0% from its price of AU$4.93 on 05 November 2020. The Australian market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Basic Materials industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$7.72 per share.
공시 • Jan 16Boral Reportedly Hires BoA for US Sell-OffBoral Limited (ASX:BLD) is forging ahead with a potential $2 billion sale of its US building products unit after appointing Bank of America to advise on a deal amid mounting shareholder pressure for a divestment. Boral said in October 2020 it would consider offloading its US building products businesses after receiving interest from suitors, depending on performance. Sources told The Australian the appointment of the investment bank was a clear signal Boral was now looking for a sale in 2021 in a process that could fetch the Sydney-based company $2 billion given the current strength in the US construction market. Shareholders including its largest investor, the Kerry Stokes-controlled Seven Group, have been pushing for it to offload its underperforming US division to unlock value for investors, particularly after it took a hefty $1.2 billion write down at its results, underlining the loss of value in the business. Boral is understood to be moving towards receiving formal offers from bidders. If it does sell US assets, it will mark yet another retreat by an Australian company from an offshore foray since Headwaters was acquired for $3.5 billion in late 2016. The mandate win for Bank of America saw the firm draw on its strong credentials and relationships in the US, and pip Macquarie Capital which had been Boral’s long-time adviser. Other US investment banks had also been jostling for the advisory role. The Australian’s Dataroom column revealed in October that Bank of America was in a strong position to win the sell-side Boral role. Bank of America is also close to Boral’s new Chief Executive Officer Zlatko Todorcevski, given his former role as Brambles’ Chief Financial Officer. The logistics group used Bank of America as a strategic adviser. Morgan Stanley upgraded Boral to overweight on January 14, 2021, saying further transformation was to come, including potential asset sales. “Boral has flagged an intention to test the market in 2021 and we believe that a favourable outcome could represent meaningful valuation upside for Boral,” the broker said. Cost-out initiatives and strengthening markets including momentum in housing may deliver a strong result for the company. The construction player said in October it would also look at new supply options for its fly-ash business, championed by Mr. Kane, due to the decline of coal-fired power plants in the US. It remains open to a divestment of fly-ash in addition to building products but said one buyer was unlikely to scoop up both. As Boral gets a sales process under way, investment bankers and lawyers are gearing up for a busy 2021 for takeovers and divestments.
공시 • Dec 19General Shale Brick, Inc. signed an agreement to acquire Meridian Brick LLC from Lone Star Funds (Unspecified Vehicle), managed by Lone Star Americas Acquisitions, Inc. and Boral Limited (ASX:BLD) for approximately $250 million.General Shale Brick, Inc. signed an agreement to acquire Meridian Brick LLC from Lone Star Funds (Unspecified Vehicle), managed by Lone Star Americas Acquisitions, Inc. and Boral Limited (ASX:BLD) for approximately $250 million on December 18, 2020. The purchase price of $250 million is subject to customary adjustments. Boral will receive $125 million for it's 50% share in Meridian Brick LLC. The transaction consideration will be financed from existing credit lines. Meridian Brick generated revenues in excess of $400 million in the financial year to June 30, 2020. As part of this process, Meridian’s leadership was refreshed with the appointment of a new Chief Executive Officer in December 2018, and a stronger focus on improving performance. Meridian Brick employees will be joining General Shale. The transaction is subject to various closing conditions and regulatory approvals. The transaction is also subject to competition clearance and satisfaction of other conditions typical for a transaction of this nature. Completion of the transaction is targeted to occur in the first half of 2021. The acquisition will immediately double Wienerberger’s (parent entity of General Shale) North American revenues to greater than $800 million. Wienerberger AG expected EBITDA for North America is greater than $120 million post synergies by 2023.
공시 • Oct 29Boral Limited Announces Board ChangesBoral Limited announced that John Marlay, who joined the Board in December 2009 and Eileen Doyle, who joined in March 2010, will retire from the Board of Boral.
공시 • Oct 27Gebr. Knauf KG entered into an agreement to acquire 50% stake in USG Boral Joint Venture from Boral Limited (ASX:BLD) for $1 billion.Gebr. Knauf KG entered into an agreement to acquire 50% stake in USG Boral Joint Venture from Boral Limited (ASX:BLD) for $1 billion on October 27, 2020. If either party terminates Gebr. Knauf must pay to Boral a termination fee of $50 million. Prior to transaction close, Boral to receive a normal dividend of $32 million from USG Boral. Purchase price represents an attractive multiple of 15.1 times FY2020 normalized EBITDA of AUD 190 million ($131.2 million). Transaction is subject to typical conditions precedent including in relation to regulatory matters. The transaction is expected to close in FY2021. Final cash proceeds from the transaction are subject to typical post completion adjustments and will be applied to reduce net debt and fund growth investment in the retained portfolio.
공시 • Oct 15Kathryn Fagg to Retire from the Board of Boral LimitedIn advance of Boral's Annual General Meeting (AGM) to be held on 27 October 2020, the Board has engaged with shareholders and listened to concerns that have been raised regarding director accountability for past performance and, for some shareholders, the level of current Board representation by Seven Group Holdings having regard to the level of uncertainty around Board renewal. The Board respects the position of shareholders on both issues. Boral's Chairman, Kathryn Fagg, has indicated that she is willing to retire from the Board.
공시 • Oct 14+ 1 more updateBoral Limited Announces Executive ChangesBoral Limited announced that Tino La Spina has been appointed Strategy Officer of the company, effective 14 October 2020. Tino replaces Rosaline Ng who will work with Tino during a transition period and leave Boral in early 2021. Tino joins Boral after 14 years at Qantas in a number of strategy and finance roles, including as Group CFO for five years and most recently as CEO Qantas International. His responsibilities have encompassed all aspects of finance and strategy including balance sheet management, capital allocation, technology, procurement and portfolio re-alignment.
공시 • Sep 28+ 1 more updateBoral Limited Announces Board ChangesBoral Limited announced that John Marlay and Eileen Doyle, who joined the Board in December 2009 and March 2010, respectively, will retire at the conclusion of this year's AGM.
공시 • Sep 22A consortium of investors including Linc Property, Birchmead Property Group and Fini Group Pty Ltd. entered into an agreement to acquire Midland Brick from Boral Limited (ASX:BLD) for AUD 86 million.A consortium of investors including Linc Property, Birchmead Property Group and Fini Group Pty Ltd. entered into an agreement to acquire Midland Brick from Boral Limited (ASX:BLD) for AUD 86 million on August 23, 2019. The transaction is s subject to a number of customary pre-closing conditions (including third party consents and approval from The Australian Competition and Consumer Commission ) and is expected to complete by the end of this calendar year, or soon after. Proceeds from the sale will be used to reduce debt and fund strategic growth opportunities. As of February 10, 2020, transaction is expected to complete in second half of FY2020. As of August 28, 2020, transaction is expected to complete in FY2021. Stephen Dobbs and Malika Chandrasegaran of Herbert Smith Freehills acted as legal advisor to Boral Limited. Squire Patton Boggs acted as legal advisor to Linc Property Pty Ltd, Fini Group Pty Ltd. and Birchmead Pty Ltd.
공시 • Aug 30Boral Limited Unable to Provide Guidance on Fiscal Year 2021Boral Limited unable to provide guidance on fiscal year 2021. The business environment remains challenging with continued disruptions and risks due to COVID-19, declining demand in key housing markets and mixed views on market recovery. At this point in time, the company unable to provide guidance on fiscal year 2021 due to insufficient market visibility and uncertainty.
공시 • Aug 24Boral Limited Determines Not to Pay Final Dividend for Fiscal 2020The Board of Boral Limited has determined not to pay a final dividend for FY2020 given the significant uncertainty in the economic outlook and on the basis that Boral's interim dividend of 9.5 cents per share paid on 15 April 2020 represents approximately 63% of full year earnings. This payout ratio is in line with Boral's dividend policy to pay 50% to 70% of earnings before significant items, subject to the Company's financial position.
