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BFG

Bell Financial GroupASX:BFG Stock Report

Market Cap

AU$543.7m

7D

-0.3%

1Y

31.4%

Updated

23 Sep, 2021

Data

Company Financials
BFG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance6/6
Financial Health4/6
Dividends4/6

BFG Overview

Bell Financial Group Limited (Bell Financial Group) is an Australian-based provider of stockbroking, investment and financial advisory services to private, institutional and corporate clients.

Bell Financial Group Competitors

Australian Finance Group

ASX:AFG

AU$777.8m

Price History & Performance

Summary of all time highs, changes and price drops for Bell Financial Group
Historical stock prices
Current Share PriceAU$1.70
52 Week HighAU$1.24
52 Week LowAU$2.02
Beta1.29
1 Month Change2.42%
3 Month Change-5.04%
1 Year Change31.40%
3 Year Change62.20%
5 Year Change120.13%
Change since IPO-28.18%

Recent News & Updates

May 09
What To Know Before Buying Bell Financial Group Limited (ASX:BFG) For Its Dividend

What To Know Before Buying Bell Financial Group Limited (ASX:BFG) For Its Dividend

Today we'll take a closer look at Bell Financial Group Limited ( ASX:BFG ) from a dividend investor's perspective...

Apr 21
It Looks Like Shareholders Would Probably Approve Bell Financial Group Limited's (ASX:BFG) CEO Compensation Package

It Looks Like Shareholders Would Probably Approve Bell Financial Group Limited's (ASX:BFG) CEO Compensation Package

It would be hard to discount the role that CEO Alastair Provan has played in delivering the impressive results at Bell...

Mar 29
Do Bell Financial Group's (ASX:BFG) Earnings Warrant Your Attention?

Do Bell Financial Group's (ASX:BFG) Earnings Warrant Your Attention?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Mar 12
Bell Financial Group Limited's (ASX:BFG) CEO Looks Like They Deserve Their Pay Packet

Bell Financial Group Limited's (ASX:BFG) CEO Looks Like They Deserve Their Pay Packet

The performance at Bell Financial Group Limited ( ASX:BFG ) has been quite strong recently and CEO Alastair Provan has...

Feb 26
Bell Financial Group (ASX:BFG) Could Be A Buy For Its Upcoming Dividend

Bell Financial Group (ASX:BFG) Could Be A Buy For Its Upcoming Dividend

Readers hoping to buy Bell Financial Group Limited ( ASX:BFG ) for its dividend will need to make their move shortly...

Shareholder Returns

BFGAU Capital MarketsAU Market
7D-0.3%-3.3%-2.3%
1Y31.4%26.8%25.4%

Return vs Industry: BFG exceeded the Australian Capital Markets industry which returned 26.8% over the past year.

Return vs Market: BFG exceeded the Australian Market which returned 25.4% over the past year.

Price Volatility

Is BFG's price volatile compared to industry and market?
BFG volatility
BFG Beta1.29
Industry Beta1.03
Market Beta1

Stable Share Price: BFG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BFG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1970760Alastair Provanhttps://www.bellfg.com.au

Bell Financial Group Limited (Bell Financial Group) is an Australian-based provider of stockbroking, investment and financial advisory services to private, institutional and corporate clients. The Group is also a developer of proprietary technology, platforms, products and services for the Australian stockbroking market.

Bell Financial Group Fundamentals Summary

How do Bell Financial Group's earnings and revenue compare to its market cap?
BFG fundamental statistics
Market CapAU$543.66m
Earnings (TTM)AU$47.18m
Revenue (TTM)AU$296.90m

11.5x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BFG income statement (TTM)
RevenueAU$296.90m
Cost of RevenueAU$23.44m
Gross ProfitAU$273.46m
ExpensesAU$226.29m
EarningsAU$47.18m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin92.10%
Net Profit Margin15.89%
Debt/Equity Ratio25.6%

How did BFG perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

75%

Payout Ratio

Valuation

Is Bell Financial Group undervalued compared to its fair value and its price relative to the market?

13.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BFG (A$1.7) is trading below our estimate of fair value (A$1.96)

Significantly Below Fair Value: BFG is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BFG is good value based on its PE Ratio (11.5x) compared to the Australian Capital Markets industry average (18.6x).

PE vs Market: BFG is good value based on its PE Ratio (11.5x) compared to the Australian market (18.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BFG is overvalued based on its PB Ratio (2.4x) compared to the AU Capital Markets industry average (1.4x).


Future Growth

How is Bell Financial Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.4%

Forecasted Diversified Financials 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 Bell Financial Group 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 Bell Financial Group performed over the past 5 years?

23.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BFG has high quality earnings.

Growing Profit Margin: BFG's current net profit margins (15.9%) are higher than last year (12.9%).


Past Earnings Growth Analysis

Earnings Trend: BFG's earnings have grown significantly by 23.4% per year over the past 5 years.

Accelerating Growth: BFG's earnings growth over the past year (43.6%) exceeds its 5-year average (23.4% per year).

Earnings vs Industry: BFG earnings growth over the past year (43.6%) exceeded the Capital Markets industry 12.8%.


Return on Equity

High ROE: BFG's Return on Equity (20.8%) is considered high.


Financial Health

How is Bell Financial Group's financial position?


Financial Position Analysis

Short Term Liabilities: BFG's short term assets (A$1.0B) exceed its short term liabilities (A$910.9M).

Long Term Liabilities: BFG's short term assets (A$1.0B) exceed its long term liabilities (A$58.3M).


Debt to Equity History and Analysis

Debt Level: BFG's debt to equity ratio (25.6%) is considered satisfactory.

Reducing Debt: BFG's debt to equity ratio has increased from 15.7% to 25.6% over the past 5 years.

Debt Coverage: BFG's debt is well covered by operating cash flow (98.5%).

Interest Coverage: Insufficient data to determine if BFG's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Bell Financial Group current dividend yield, its reliability and sustainability?

6.49%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BFG's dividend (6.49%) is higher than the bottom 25% of dividend payers in the Australian market (2.34%).

High Dividend: BFG's dividend (6.49%) is in the top 25% of dividend payers in the Australian market (5.42%)


Stability and Growth of Payments

Stable Dividend: BFG's dividend payments have been volatile in the past 10 years.

Growing Dividend: BFG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (75.1%), BFG's payments are 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?

0.7yrs

Average management tenure


CEO

Alastair Provan

32.67yrs

Tenure

AU$1,044,275

Compensation

Mr. Alastair Provan has been Executive Chairman of Bell Financial Group Ltd. since August 15, 2019. He has been the Managing Director of Bell Financial Group Limited since 1989 and served as its Acting Cha...


CEO Compensation Analysis

Compensation vs Market: Alastair's total compensation ($USD758.31K) is about average for companies of similar size in the Australian market ($USD749.11K).

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


Leadership Team

Experienced Management: BFG's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: BFG's board of directors are considered experienced (7.3 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

Bell Financial Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Bell Financial Group Limited
  • Ticker: BFG
  • Exchange: ASX
  • Founded: 1970
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: AU$543.661m
  • Shares outstanding: 320.74m
  • Website: https://www.bellfg.com.au

Number of Employees


Location

  • Bell Financial Group Limited
  • 101 Collins Street
  • Level 29
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 16:01
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.