Market Cap
AU$121.4m
Last Updated
2021/05/07 08:58 UTC
Data Sources
Company Financials +
Executive Summary
BSA Limited, together with its subsidiaries, operates as a technical services contracting company in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with excellent balance sheet.
Similar Companies
Share Price & News
How has BSA's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BSA is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BSA's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-9.7%
BSA
0.4%
AU Commercial Services
0.3%
AU Market
1 Year Return
3.7%
BSA
17.6%
AU Commercial Services
35.9%
AU Market
Return vs Industry: BSA underperformed the Australian Commercial Services industry which returned 17.6% over the past year.
Return vs Market: BSA underperformed the Australian Market which returned 37.3% over the past year.
Shareholder returns
| BSA | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.7% | 0.4% | 0.3% |
| 30 Day | -1.8% | 4.6% | 1.8% |
| 90 Day | -9.7% | 2.7% | 2.8% |
| 1 Year | 7.3%3.7% | 21.0%17.6% | 39.9%35.9% |
| 3 Year | -6.2%-13.8% | 8.8%2.8% | 30.1%14.7% |
| 5 Year | 27.9%15.7% | 11.2%4.1% | 60.1%29.9% |
Long-Term Price Volatility Vs. Market
How volatile is BSA's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Investors Could Be Concerned With BSA's (ASX:BSA) Returns On Capital1 month ago | Simply Wall St
Introducing BSA (ASX:BSA), A Stock That Climbed 62% In The Last Five Years2 months ago | Simply Wall St
BSA's (ASX:BSA) Soft Earnings Are Actually Better Than They AppearValuation
Is BSA undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BSA (A$0.28) is trading below our estimate of fair value (A$0.65)
Significantly Below Fair Value: BSA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BSA's PE Ratio (27.2x) is in line with the AU Commercial Services industry average.
PE vs Market: BSA is poor value based on its PE Ratio (27.2x) compared to the Australian market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: BSA is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: BSA is overvalued based on its PB Ratio (3.7x) compared to the AU Commercial Services industry average (2.6x).
Future Growth
How is BSA forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
37.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSA's forecast earnings growth (37.1% per year) is above the savings rate (1.9%).
Earnings vs Market: BSA's earnings (37.1% per year) are forecast to grow faster than the Australian market (14% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BSA's revenue (10.8% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: BSA's revenue (10.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BSA's Return on Equity is forecast to be high in 3 years time (23.9%)
Past Performance
How has BSA performed over the past 5 years?
35.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSA has a large one-off gain of A$4.3M impacting its December 31 2020 financial results.
Growing Profit Margin: BSA's current net profit margins (1%) are lower than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: BSA has become profitable over the past 5 years, growing earnings by 35.3% per year.
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 (-60.9%) over the past year, making it difficult to compare to the Commercial Services industry average (6.2%).
Return on Equity
High ROE: BSA's Return on Equity (13.5%) is considered low.
Financial Health
How is BSA's financial position?
Financial Position Analysis
Short Term Liabilities: BSA's short term assets (A$81.1M) exceed its short term liabilities (A$80.9M).
Long Term Liabilities: BSA's short term assets (A$81.1M) exceed its long term liabilities (A$17.7M).
Debt to Equity History and Analysis
Debt Level: BSA's debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: BSA's debt to equity ratio has reduced from 11.4% to 1.5% over the past 5 years.
Debt Coverage: BSA's debt is well covered by operating cash flow (4731.9%).
Interest Coverage: BSA's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
Dividend
What is BSA current dividend yield, its reliability and sustainability?
3.57%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BSA's dividend (3.57%) is higher than the bottom 25% of dividend payers in the Australian market (2.03%).
High Dividend: BSA's dividend (3.57%) is low compared to the top 25% of dividend payers in the Australian market (5.25%).
Stability and Growth of Payments
Stable Dividend: BSA's dividend payments have been volatile in the past 10 years.
Growing Dividend: BSA's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (97.3%), BSA's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BSA's dividends in 3 years are forecast to be covered by earnings (55.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Tim Harris (49 yo)
1.17yrs
Tenure
AU$893,816
Compensation
Mr. Timothy M. Harris, also known as Tim, BA (Hons.) ACA, has been Managing Director and Chief Executive Officer at BSA Limited since March 09, 2020 and serves as its Executive Director since April 2020. M...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD694.82K) is above average for companies of similar size in the Australian market ($USD287.37K).
Compensation vs Earnings: Tim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: BSA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: BSA's board of directors are considered experienced (4 years average tenure).
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
BSA Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: BSA Limited
- Ticker: BSA
- Exchange: ASX
- Founded: 1999
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: AU$121.415m
- Shares outstanding: 433.63m
- Website: https://www.bsa.com.au
Location
- BSA Limited
- 3 Thomas Holt Drive
- Level 7
- Macquarie Park
- New South Wales
- 2113
- Australia
Listings
Biography
BSA Limited, together with its subsidiaries, operates as a technical services contracting company in Australia. It operates through BSA Communications & Utility Infrastructure, and BSA Advanced Property So...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/07 08:58 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.