BSA Limited

ASX:BSA Stock Report

Market Cap: AU$24.8m

BSA Past Earnings Performance

Past criteria checks 1/6

BSA has been growing earnings at an average annual rate of 40.6%, while the Construction industry saw earnings growing at 27.9% annually. Revenues have been declining at an average rate of 12.1% per year. BSA's return on equity is 16.4%, and it has net margins of 1.4%.

Key information

40.64%

Earnings growth rate

40.12%

EPS growth rate

Construction Industry Growth15.20%
Revenue growth rate-12.07%
Return on equity16.42%
Net Margin1.36%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Analysis Article Jun 11

Is There Now An Opportunity In BSA Limited (ASX:BSA)?

While BSA Limited ( ASX:BSA ) might not have the largest market cap around , it led the ASX gainers with a relatively...
Analysis Article Feb 18

Is BSA Limited (ASX:BSA) Potentially Undervalued?

BSA Limited ( ASX:BSA ), is not the largest company out there, but it received a lot of attention from a substantial...
User avatar
New Narrative Feb 09

Focusing On Core Telco And Smart Energy Will Strengthen Outlook Despite Contract Risks

Strategic divestment and focus on core markets poised to enhance revenue growth in telco and smart energy sectors.
Analysis Article Oct 18

BSA Limited (ASX:BSA) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Despite an already strong run, BSA Limited ( ASX:BSA ) shares have been powering on, with a gain of 27% in the last...
Analysis Article Sep 30

Is BSA (ASX:BSA) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Sep 03

Should You Be Adding BSA (ASX:BSA) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jul 31

BSA Limited's (ASX:BSA) Shares Leap 38% Yet They're Still Not Telling The Full Story

BSA Limited ( ASX:BSA ) shareholders have had their patience rewarded with a 38% share price jump in the last month...
Analysis Article Jul 29

What Is BSA Limited's (ASX:BSA) Share Price Doing?

BSA Limited ( ASX:BSA ), is not the largest company out there, but it led the ASX gainers with a relatively large price...
Analysis Article Apr 29

BSA Limited's (ASX:BSA) Low P/S No Reason For Excitement

BSA Limited's ( ASX:BSA ) price-to-sales (or "P/S") ratio of 0.2x might make it look like a buy right now compared to...
Analysis Article Feb 10

Is Now An Opportune Moment To Examine BSA Limited (ASX:BSA)?

BSA Limited ( ASX:BSA ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the...
Analysis Article Apr 18

Investors Could Be Concerned With BSA's (ASX:BSA) Returns On Capital

What financial metrics can indicate to us that a company is maturing or even in decline? More often than not, we'll see...
Analysis Article Mar 18

Introducing BSA (ASX:BSA), A Stock That Climbed 62% In The Last Five Years

Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
Analysis Article Feb 24

BSA's (ASX:BSA) Soft Earnings Are Actually Better Than They Appear

The subdued market reaction suggests that BSA Limited's ( ASX:BSA ) recent earnings didn't contain any surprises...
Analysis Article Feb 08

Is BSA Limited's (ASX:BSA) Latest Stock Performance A Reflection Of Its Financial Health?

Most readers would already be aware that BSA's (ASX:BSA) stock increased significantly by 20% over the past three...
Analysis Article Jan 18

Are Investors Concerned With What's Going On At BSA (ASX:BSA)?

What financial metrics can indicate to us that a company is maturing or even in decline? When we see a declining return...
Analysis Article Dec 28

Do Institutions Own BSA Limited (ASX:BSA) Shares?

A look at the shareholders of BSA Limited ( ASX:BSA ) can tell us which group is most powerful. Institutions will often...
Analysis Article Dec 10

BSA (ASX:BSA) Has A Pretty Healthy Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 19

BSA (ASX:BSA) Shareholders Booked A 78% Gain In The Last Five Years

Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...

Revenue & Expenses Breakdown

How BSA makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:BSA Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 25162230
30 Sep 25224340
30 Jun 25287450
31 Mar 252851150
31 Dec 242831960
30 Sep 242691950
30 Jun 242561950
31 Dec 232381280
30 Sep 23239960
30 Jun 23240650
31 Dec 22245-1800
30 Sep 22244-2800
30 Jun 22244-3800
31 Mar 22288-2900
31 Dec 21332-1900
30 Sep 21377-1000
30 Jun 21423000
31 Mar 21431200
31 Dec 20440400
30 Sep 20463600
30 Jun 20486800
31 Mar 2050810-10
31 Dec 1953011-20
30 Sep 1950011-10
30 Jun 194701100
31 Dec 183341040
30 Sep 18381950
30 Jun 18428960
31 Mar 18553370
31 Dec 17543570
30 Sep 17518570
30 Jun 17492470
31 Mar 17494170
31 Dec 16495-170
30 Sep 16504-270
30 Jun 16512-270
31 Mar 16524170
31 Dec 15535370
30 Sep 15540470

Quality Earnings: BSA has a large one-off loss of A$10.5M impacting its last 12 months of financial results to 31st December, 2025.

Growing Profit Margin: BSA's current net profit margins (1.4%) are lower than last year (6.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BSA's earnings have grown significantly by 40.6% per year over the past 5 years.

Accelerating Growth: BSA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BSA had negative earnings growth (-88.4%) over the past year, making it difficult to compare to the Construction industry average (12.2%).


Return on Equity

High ROE: BSA's Return on Equity (16.4%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/01 20:44
End of Day Share Price 2026/07/01 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

BSA Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Warren JeffriesCanaccord Genuity
Andrew ButterellShaw and Partners Limited