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BHD

Benjamin HornigoldASX:BHD Stock Report

Market Cap

AU$6.9m

7D

-1.8%

1Y

14.3%

Updated

19 Oct, 2021

Data

Company Financials
BHD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

BHD Overview

Benjamin Hornigold Limited operates as an investment company in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Benjamin Hornigold
Historical stock prices
Current Share PriceAU$0.28
52 Week HighAU$0.24
52 Week LowAU$0.34
Beta0.25
1 Month Change-5.09%
3 Month Change-12.50%
1 Year Change14.29%
3 Year Changen/a
5 Year Changen/a
Change since IPO-73.83%

Recent News & Updates

Feb 13
Should You Take Comfort From Insider Transactions At Benjamin Hornigold Limited (ASX:BHD)?

Should You Take Comfort From Insider Transactions At Benjamin Hornigold Limited (ASX:BHD)?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...

Shareholder Returns

BHDAU Capital MarketsAU Market
7D-1.8%2.9%1.7%
1Y14.3%22.7%20.3%

Return vs Industry: BHD underperformed the Australian Capital Markets industry which returned 22.7% over the past year.

Return vs Market: BHD underperformed the Australian Market which returned 20.3% over the past year.

Price Volatility

Is BHD's price volatile compared to industry and market?
BHD volatility
BHD Beta0.25
Industry Beta0.99
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2016n/aPeter Zieglerhttps://www.bhdlimited.com.au

Benjamin Hornigold Limited operates as an investment company in Australia. It provides investors with an exposure to investment portfolio, which is invested in a small number of investments in undervalued assets that provide growth opportunities with the aim of achieving above average returns over the medium to long term. The company was incorporated in 2016 and is based in Sydney, Australia.

Benjamin Hornigold Fundamentals Summary

How do Benjamin Hornigold's earnings and revenue compare to its market cap?
BHD fundamental statistics
Market CapAU$6.88m
Earnings (TTM)AU$1.26m
Revenue (TTM)AU$1.96m

5.4x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BHD income statement (TTM)
RevenueAU$1.96m
Cost of RevenueAU$0
Gross ProfitAU$1.96m
ExpensesAU$703.37k
EarningsAU$1.26m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.052
Gross Margin100.00%
Net Profit Margin64.19%
Debt/Equity Ratio0.0%

How did BHD perform over the long term?

See historical performance and comparison

Valuation

Is Benjamin Hornigold undervalued compared to its fair value and its price relative to the market?

5.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BHD's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BHD's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BHD is good value based on its PE Ratio (5.4x) compared to the Australian Capital Markets industry average (16.8x).

PE vs Market: BHD is good value based on its PE Ratio (5.4x) compared to the Australian market (19.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BHD is good value based on its PB Ratio (0.8x) compared to the AU Capital Markets industry average (1.4x).


Future Growth

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

9.0%

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 Benjamin Hornigold 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 Benjamin Hornigold performed over the past 5 years?

32.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BHD has high quality earnings.

Growing Profit Margin: BHD became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BHD has become profitable over the past 5 years, growing earnings by 32.9% per year.

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

Earnings vs Industry: BHD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (12.8%).


Return on Equity

High ROE: BHD's Return on Equity (14.7%) is considered low.


Financial Health

How is Benjamin Hornigold's financial position?


Financial Position Analysis

Short Term Liabilities: BHD's short term assets (A$8.8M) exceed its short term liabilities (A$263.6K).

Long Term Liabilities: BHD has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BHD is debt free.

Reducing Debt: BHD has not had any debt for past 5 years.

Debt Coverage: BHD has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BHD has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Benjamin Hornigold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BHD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BHD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BHD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BHD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BHD'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?

2.3yrs

Average board tenure


CEO

Peter Ziegler (61 yo)

2.33yrs

Tenure

AU$2,347

Compensation

Mr. Peter Alexander Ziegler, BCom (Hons), LLB (Hons), MFM (Queensland), FCPA, ACA, FTIA, CTA, serves as Joint Managing Director of Benjamin Hornigold Limited. Mr. Ziegler has been the Chairman of the Board...


Board Members

Experienced Board: BHD's board of directors are not considered experienced ( 2.3 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: BHD 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

Benjamin Hornigold Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Benjamin Hornigold Limited
  • Ticker: BHD
  • Exchange: ASX
  • Founded: 2016
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: AU$6.884m
  • Shares outstanding: 24.16m
  • Website: https://www.bhdlimited.com.au

Location

  • Benjamin Hornigold Limited
  • 171 Clarence Street
  • Level 10
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 07:01
End of Day Share Price2021/10/19 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.