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BKI

BKI InvestmentASX:BKI Stock Report

Market Cap

AU$1.2b

7D

0.9%

1Y

14.9%

Updated

18 Oct, 2021

Data

Company Financials
BKI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends1/6

BKI Overview

BKI Investment Company Limited is a publicly owned investment manager.

Risk Analysis

Dividend of 3.1% is not well covered by earnings


Price History & Performance

Summary of all time highs, changes and price drops for BKI Investment
Historical stock prices
Current Share PriceAU$1.62
52 Week HighAU$1.38
52 Week LowAU$1.67
Beta0.66
1 Month Change-1.22%
3 Month Change-1.52%
1 Year Change14.95%
3 Year Change7.67%
5 Year Change2.87%
Change since IPO63.13%

Recent News & Updates

Shareholder Returns

BKIAU Capital MarketsAU Market
7D0.9%1.9%0.9%
1Y14.9%21.7%20.2%

Return vs Industry: BKI underperformed the Australian Capital Markets industry which returned 21.7% over the past year.

Return vs Market: BKI underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is BKI's price volatile compared to industry and market?
BKI volatility
BKI Beta0.66
Industry Beta0.98
Market Beta1

Stable Share Price: BKI is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: BKI's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/an/ahttps://bkilimited.com.au

BKI Investment Company Limited is a publicly owned investment manager. The firm invests in the public equity markets. It invest in the stocks of companies operating across diversified sectors.

BKI Investment Fundamentals Summary

How do BKI Investment's earnings and revenue compare to its market cap?
BKI fundamental statistics
Market CapAU$1.20b
Earnings (TTM)AU$36.65m
Revenue (TTM)AU$40.15m

32.7x

P/E Ratio

29.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BKI income statement (TTM)
RevenueAU$40.15m
Cost of RevenueAU$0
Gross ProfitAU$40.15m
ExpensesAU$3.51m
EarningsAU$36.65m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.049
Gross Margin100.00%
Net Profit Margin91.26%
Debt/Equity Ratio0.0%

How did BKI perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

101%

Payout Ratio

Valuation

Is BKI Investment undervalued compared to its fair value and its price relative to the market?

32.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BKI (A$1.62) is trading above our estimate of fair value (A$0.79)

Significantly Below Fair Value: BKI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BKI is poor value based on its PE Ratio (32.7x) compared to the Australian Capital Markets industry average (16.3x).

PE vs Market: BKI is poor value based on its PE Ratio (32.7x) compared to the Australian market (19.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BKI is good value based on its PB Ratio (1x) compared to the AU Capital Markets industry average (1.4x).


Future Growth

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

9.1%

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 BKI Investment 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 BKI Investment performed over the past 5 years?

0.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BKI has high quality earnings.

Growing Profit Margin: BKI's current net profit margins (91.3%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: BKI's earnings have grown by 0.4% per year over the past 5 years.

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

Earnings vs Industry: BKI had negative earnings growth (-24.6%) over the past year, making it difficult to compare to the Capital Markets industry average (12.8%).


Return on Equity

High ROE: BKI's Return on Equity (3.1%) is considered low.


Financial Health

How is BKI Investment's financial position?


Financial Position Analysis

Short Term Liabilities: BKI's short term assets (A$76.8M) exceed its short term liabilities (A$11.6M).

Long Term Liabilities: BKI's short term assets (A$76.8M) do not cover its long term liabilities (A$103.4M).


Debt to Equity History and Analysis

Debt Level: BKI is debt free.

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

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

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


Balance Sheet


Dividend

What is BKI Investment current dividend yield, its reliability and sustainability?

3.10%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BKI's dividend (3.1%) is higher than the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: BKI's dividend (3.1%) is low compared to the top 25% of dividend payers in the Australian market (5.32%).


Stability and Growth of Payments

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

Growing Dividend: BKI's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (100.7%), BKI's dividend payments are not well 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?

18.0yrs

Average board tenure


CEO

BKI Investment has no CEO, or we have no data on them.


Board Members

Experienced Board: BKI's board of directors are seasoned and experienced ( 18 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BKI 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

BKI Investment Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: BKI Investment Company Limited
  • Ticker: BKI
  • Exchange: ASX
  • Founded: 2003
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: AU$1.196b
  • Shares outstanding: 740.76m
  • Website: https://bkilimited.com.au

Number of Employees


Location

  • BKI Investment Company Limited
  • 151 Clarence Street
  • Level 14
  • 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 Analysis2021/10/18 15:21
End of Day Share Price2021/10/18 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.