Brambles
Market Cap
AU$16.5b
Last Updated
2020/07/15 10:33 UTC
Data Sources
Company Financials +
Executive Summary
Brambles Limited operates as a supply-chain logistics company.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Brambles's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BXB has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.4%
BXB
-2.0%
AU Commercial Services
-1.2%
AU Market
1 Year Return
-10.7%
BXB
-20.6%
AU Commercial Services
-11.2%
AU Market
Return vs Industry: BXB exceeded the Australian Commercial Services industry which returned -20.6% over the past year.
Return vs Market: BXB matched the Australian Market which returned -11.2% over the past year.
Shareholder returns
| BXB | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.4% | -2.0% | -1.2% |
| 30 Day | 1.7% | -3.1% | 1.7% |
| 90 Day | -3.5% | 0.9% | 10.5% |
| 1 Year | -6.0%-10.7% | -16.7%-20.6% | -7.5%-11.2% |
| 3 Year | 25.4%12.6% | 13.6%1.1% | 16.9%1.5% |
| 5 Year | 16.5%-0.8% | 28.8%5.1% | 28.6%0.8% |
Price Volatility Vs. Market
How volatile is Brambles's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
A Look At The Fair Value Of Brambles Limited (ASX:BXB)4 weeks ago | Simply Wall St
Should We Worry About Brambles Limited's (ASX:BXB) P/E Ratio?1 month ago | Simply Wall St
These 4 Measures Indicate That Brambles (ASX:BXB) Is Using Debt Reasonably WellValuation
Is Brambles undervalued compared to its fair value and its price relative to the market?
26.13x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BXB (A$10.99) is trading above our estimate of fair value (A$9.03)
Significantly Below Fair Value: BXB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BXB is poor value based on its PE Ratio (26.1x) compared to the AU Commercial Services industry average (15.7x).
PE vs Market: BXB is poor value based on its PE Ratio (26.1x) compared to the Australian market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: BXB is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: BXB is overvalued based on its PB Ratio (3.8x) compared to the AU Commercial Services industry average (1.4x).
Next Steps
Future Growth
How is Brambles forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
9.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BXB's forecast earnings growth (9.3% per year) is above the savings rate (2.3%).
Earnings vs Market: BXB's earnings (9.3% per year) are forecast to grow slower than the Australian market (14% per year).
High Growth Earnings: BXB's earnings are forecast to grow, but not significantly.
Revenue vs Market: BXB's revenue (4.4% per year) is forecast to grow faster than the Australian market (4.2% per year).
High Growth Revenue: BXB's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BXB's Return on Equity is forecast to be high in 3 years time (23.2%)
Next Steps
Past Performance
How has Brambles performed over the past 5 years?
-5.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BXB has a large one-off loss of $217.7M impacting its December 31 2019 financial results.
Growing Profit Margin: BXB's current net profit margins (9.5%) are higher than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: BXB's earnings have declined by 5.7% per year over the past 5 years.
Accelerating Growth: BXB's earnings growth over the past year (21.6%) exceeds its 5-year average (-5.7% per year).
Earnings vs Industry: BXB earnings growth over the past year (21.6%) exceeded the Commercial Services industry 0.9%.
Return on Equity
High ROE: BXB's Return on Equity (15%) is considered low.
Next Steps
Financial Health
How is Brambles's financial position?
Financial Position Analysis
Short Term Liabilities: BXB's short term assets ($1.9B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: BXB's short term assets ($1.9B) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: BXB's debt to equity ratio (57.8%) is considered high.
Reducing Debt: BXB's debt to equity ratio has reduced from 116% to 57.8% over the past 5 years.
Debt Coverage: BXB's debt is well covered by operating cash flow (75.1%).
Interest Coverage: BXB's interest payments on its debt are well covered by EBIT (11.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Brambles's current dividend yield, its reliability and sustainability?
1.41%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BXB's dividend (1.41%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.58%).
High Dividend: BXB's dividend (1.41%) is low compared to the top 25% of dividend payers in the Australian market (6.58%).
Stability and Growth of Payments
Stable Dividend: BXB is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: BXB is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: BXB is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BXB's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
Graham Chipchase (57yo)
3.42yrs
Tenure
US$2,576,000
Compensation
Mr. Graham Andrew Chipchase has been the Chief Executive Officer and Executive Director at Brambles Limited since February 20, 2017, joined in Brambles at the beginning of January 2017. Mr. Chipchase serve ...
CEO Compensation Analysis
Compensation vs Market: Graham's total compensation ($USD2.58M) is below average for companies of similar size in the Australian market ($USD4.01M).
Compensation vs Earnings: Graham's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chairman of Executive Leadership Team & Executive Director | 3.42yrs | US$2.58m | 0.0023% $374.2k | |
| CFO & Executive Director | 3.25yrs | US$1.49m | 0.0015% $248.9k | |
| President of CHEP Europe | 3.42yrs | US$813.00k | 0.00014% $23.1k | |
| President of CHEP North America | 3.33yrs | US$744.00k | 0.00097% $159.9k | |
| Chief Information Officer | 3.08yrs | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Group VP of Legal & Secretariat and Company Secretary | 3.42yrs | no data | no data | |
| Group Senior Vice President of Human Resources | 1.83yrs | no data | no data | |
| Senior Vice President of Global Supply Chain | 9.42yrs | no data | no data | |
| Senior Vice President of Strategy & Innovation | 1.42yrs | no data | no data | |
| President of CHEP Aerospace Solutions | 8.67yrs | no data | no data | |
| President of CHEP Asia Pacific | 5.75yrs | no data | no data |
3.4yrs
Average Tenure
54.5yo
Average Age
Experienced Management: BXB's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chairman of Executive Leadership Team & Executive Director | 3.42yrs | US$2.58m | 0.0023% $374.2k | |
| CFO & Executive Director | 3.25yrs | US$1.49m | 0.0015% $248.9k | |
| Member of the USA Advisory Board | 9.83yrs | no data | no data | |
| Independent Non-Executive Director | 14.08yrs | US$188.00k | 0.00099% $163.2k | |
| Independent Non-Executive Director | 2.08yrs | US$167.00k | 0.0013% $219.2k | |
| Independent Non-Executive Director | 6yrs | US$203.00k | 0.0016% $262.1k | |
| Independent Non-Executive Director | 8.58yrs | US$165.00k | 0.0010% $164.8k | |
| Independent Non-Executive Chairman | no data | US$104.00k | no data | |
| Independent Non-Executive Director | 5.08yrs | US$171.00k | 0.0013% $219.2k | |
| Independent Non-Executive Director | 1.33yrs | US$47.00k | 0.00034% $56.0k | |
| Member of the USA Advisory Board | 9.83yrs | no data | no data | |
| Independent Non-Executive Director | 4.5yrs | US$173.00k | 0.0023% $384.1k |
5.1yrs
Average Tenure
62yo
Average Age
Experienced Board: BXB's board of directors are considered experienced (5.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BXB 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
Brambles Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Brambles Limited
- Ticker: BXB
- Exchange: ASX
- Founded: 1875
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: AU$16.483b
- Shares outstanding: 1.51b
- Website: https://www.brambles.com
Number of Employees
Location
- Brambles Limited
- Angel Place
- Level 10
- Sydney
- New South Wales
- 2000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BXB | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| R1H | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| BMBL.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| BXB | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| BXBL.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Oct 2008 |
Biography
Brambles Limited operates as a supply-chain logistics company. The company operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa and India; and CHEP Australia, New Zealand and Asia, excluding India segments. It engages in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates, and containers. The company serves customers in the fast-moving consumer goods, fresh produce, beverage, retail, and general manufacturing industries in the Americas, Europe, Australia, and internationally. Brambles Limited was founded in 1875 and is based in Sydney, Australia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/15 10:33 |
| End of Day Share Price | 2020/07/15 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/06/30 |
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.