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BOL

Boom LogisticsASX:BOL Stock Report

Market Cap

AU$74.9m

7D

2.9%

1Y

52.2%

Updated

22 Oct, 2021

Data

Company Financials
BOL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends2/6

BOL Overview

Boom Logistics Limited provides lifting solutions and specialized labor services to mining and resources, wind, energy and utilities, infrastructure and construction, industrial maintenance, and telecommunication sectors in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Boom Logistics
Historical stock prices
Current Share PriceAU$0.17
52 Week HighAU$0.12
52 Week LowAU$0.20
Beta1.35
1 Month Change-5.41%
3 Month Change0%
1 Year Change52.17%
3 Year Change-2.78%
5 Year Change66.67%
Change since IPO-85.17%

Recent News & Updates

Mar 01
A Quick Analysis On Boom Logistics' (ASX:BOL) CEO Salary

A Quick Analysis On Boom Logistics' (ASX:BOL) CEO Salary

Tony Spassopoulos became the CEO of Boom Logistics Limited ( ASX:BOL ) in 2018, and we think it's a good time to look...

Shareholder Returns

BOLAU Trade DistributorsAU Market
7D2.9%1.8%0.7%
1Y52.2%17.8%21.4%

Return vs Industry: BOL exceeded the Australian Trade Distributors industry which returned 17.8% over the past year.

Return vs Market: BOL exceeded the Australian Market which returned 21.4% over the past year.

Price Volatility

Is BOL's price volatile compared to industry and market?
BOL volatility
BOL Beta1.35
Industry Beta0.83
Market Beta1

Stable Share Price: BOL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BOL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000445Tony Spassopouloshttps://www.boomlogistics.com.au

Boom Logistics Limited provides lifting solutions and specialized labor services to mining and resources, wind, energy and utilities, infrastructure and construction, industrial maintenance, and telecommunication sectors in Australia. The company operates in two segments, Lifting Solutions and Labour Hire. It offers mobile and crawler cranes for wet and dry hire with short or long term hire facilities; travel towers and access equipment, and associated services.

Boom Logistics Fundamentals Summary

How do Boom Logistics's earnings and revenue compare to its market cap?
BOL fundamental statistics
Market CapAU$74.86m
Earnings (TTM)AU$1.23m
Revenue (TTM)AU$173.26m

61.0x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BOL income statement (TTM)
RevenueAU$173.26m
Cost of RevenueAU$38.33m
Gross ProfitAU$134.93m
ExpensesAU$133.70m
EarningsAU$1.23m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0029
Gross Margin77.88%
Net Profit Margin0.71%
Debt/Equity Ratio21.3%

How did BOL perform over the long term?

See historical performance and comparison

Dividends

11.4%

Current Dividend Yield

522%

Payout Ratio

Valuation

Is Boom Logistics undervalued compared to its fair value and its price relative to the market?

48.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BOL (A$0.18) is trading below our estimate of fair value (A$0.34)

Significantly Below Fair Value: BOL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BOL is poor value based on its PE Ratio (61x) compared to the Australian Trade Distributors industry average (28.5x).

PE vs Market: BOL is poor value based on its PE Ratio (61x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BOL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BOL is good value based on its PB Ratio (0.7x) compared to the AU Trade Distributors industry average (1.6x).


Future Growth

How is Boom Logistics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.8%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Boom Logistics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Boom Logistics performed over the past 5 years?

27.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOL has a large one-off gain of A$647.0K impacting its June 30 2021 financial results.

Growing Profit Margin: BOL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BOL has become profitable over the past 5 years, growing earnings by 27.1% per year.

Accelerating Growth: BOL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BOL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (28.1%).


Return on Equity

High ROE: BOL's Return on Equity (1.1%) is considered low.


Financial Health

How is Boom Logistics's financial position?


Financial Position Analysis

Short Term Liabilities: BOL's short term assets (A$48.3M) do not cover its short term liabilities (A$72.1M).

Long Term Liabilities: BOL's short term assets (A$48.3M) exceed its long term liabilities (A$11.8M).


Debt to Equity History and Analysis

Debt Level: BOL's debt to equity ratio (21.3%) is considered satisfactory.

Reducing Debt: BOL's debt to equity ratio has reduced from 30.2% to 21.3% over the past 5 years.

Debt Coverage: BOL's debt is well covered by operating cash flow (99.7%).

Interest Coverage: BOL's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


Dividend

What is Boom Logistics's current dividend yield, its reliability and sustainability?

11.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BOL's dividend (11.43%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: BOL's dividend (11.43%) is in the top 25% of dividend payers in the Australian market (5.31%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, BOL has been paying a dividend for less than 10 years.

Growing Dividend: BOL's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (521.7%), BOL's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Tony Spassopoulos (56 yo)

3.08yrs

Tenure

AU$777,198

Compensation

Mr. Tony Theodore Spassopoulos, BBus (Management), MBA has been a Managing Director, Chief Executive Officer and Director at Boom Logistics Limited since September 20, 2018. Mr. Spassopoulos served as Dire...


CEO Compensation Analysis

Compensation vs Market: Tony's total compensation ($USD582.04K) is above average for companies of similar size in the Australian market ($USD303.33K).

Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BOL's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: BOL's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Boom Logistics Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Boom Logistics Limited
  • Ticker: BOL
  • Exchange: ASX
  • Founded: 2000
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: AU$74.860m
  • Shares outstanding: 427.77m
  • Website: https://www.boomlogistics.com.au

Number of Employees


Location

  • Boom Logistics Limited
  • 55 Southbank Boulevard
  • Suite B
  • Southbank
  • Victoria
  • 3006
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:37
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.