BlackWall
Market Cap
AU$28.7m
Last Updated
2020/10/31 10:35 UTC
Data Sources
Company Financials
Executive Summary
BlackWall Limited (ASX:BWF), formerly BlackWall Property Funds Limited, conducts vertically integrated property funds management business. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with solid track record.
Share Price & News
How has BlackWall's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BWF's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-6.2%
BWF
-4.7%
AU Capital Markets
-3.9%
AU Market
1 Year Return
-48.0%
BWF
-4.9%
AU Capital Markets
-9.6%
AU Market
Return vs Industry: BWF underperformed the Australian Capital Markets industry which returned -4.9% over the past year.
Return vs Market: BWF underperformed the Australian Market which returned -9.6% over the past year.
Shareholder returns
| BWF | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.2% | -4.7% | -3.9% |
| 30 Day | -3.2% | 3.3% | 1.8% |
| 90 Day | 26.4% | 0.8% | 1.7% |
| 1 Year | -43.2%-48.0% | -1.4%-4.9% | -6.4%-9.6% |
| 3 Year | -39.3%-48.9% | 26.7%10.9% | 12.3%-1.9% |
| 5 Year | 46.4%11.0% | 59.8%26.7% | 40.0%11.3% |
Price Volatility Vs. Market
How volatile is BlackWall's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Benign Growth For BlackWall Limited (ASX:BWF) Underpins Its Share Price2 years ago | Simply Wall St
BlackWall Limited (ASX:BWF): Commentary On Fundamentals2 years ago | Simply Wall St
BlackWall And Other Top Cheap StocksValuation
Is BlackWall 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: BWF (A$0.46) is trading below our estimate of fair value (A$0.99)
Significantly Below Fair Value: BWF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BWF is good value based on its PE Ratio (6.8x) compared to the AU Capital Markets industry average (23x).
PE vs Market: BWF is good value based on its PE Ratio (6.8x) compared to the Australian market (20.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BWF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BWF's PB Ratio (1.3x) is in line with the AU Capital Markets industry average.
Next Steps
Future Growth
How is BlackWall forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
9.3%
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 BlackWall 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.
Next Steps
- Examine whether BlackWall is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- BlackWall competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
Past Performance
How has BlackWall performed over the past 5 years?
6.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BWF has high quality earnings.
Growing Profit Margin: BWF's current net profit margins (35.5%) are higher than last year (33.8%).
Past Earnings Growth Analysis
Earnings Trend: BWF's earnings have grown by 6.4% per year over the past 5 years.
Accelerating Growth: BWF's earnings growth over the past year (21.7%) exceeds its 5-year average (6.4% per year).
Earnings vs Industry: BWF earnings growth over the past year (21.7%) exceeded the Capital Markets industry -7.9%.
Return on Equity
High ROE: BWF's Return on Equity (19.3%) is considered low.
Next Steps
Financial Health
How is BlackWall's financial position?
Financial Position Analysis
Short Term Liabilities: BWF's short term assets (A$4.2M) exceed its short term liabilities (A$1.6M).
Long Term Liabilities: BWF's short term assets (A$4.2M) exceed its long term liabilities (A$4.2M).
Debt to Equity History and Analysis
Debt Level: BWF is debt free.
Reducing Debt: BWF had no debt 5 years ago.
Debt Coverage: BWF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BWF has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is BlackWall current dividend yield, its reliability and sustainability?
9.01%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BWF's dividend (9.01%) is higher than the bottom 25% of dividend payers in the Australian market (2.23%).
High Dividend: BWF's dividend (9.01%) is in the top 25% of dividend payers in the Australian market (5.53%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, BWF has been paying a dividend for less than 10 years.
Growing Dividend: BWF's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61.4%), BWF's dividend 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?
1.2yrs
Average management tenure
CEO
Tim Brown
1.17yrs
Tenure
AU$275,000
Compensation
Mr. Timothy Brown, also known as Tim, served as Interim Company Secretary at Blackwall Property Trust Formerly Blackwall Fund Services Limited since March 27, 2020 until April 23, 2020. Mr. Brown serves as ...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD193.54K) is about average for companies of similar size in the Australian market ($USD274.23K).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Executive Chairman | 1.17yrs | AU$95.83k | 8.69% A$ 2.5m | |
| Joint MD | 1.17yrs | AU$275.00k | 2.31% A$ 662.7k | |
| Joint MD | 1.17yrs | AU$275.00k | 0.85% A$ 243.4k | |
| Company Secretary | 0.42yr | no data | no data | |
| External Advisor | 4yrs | no data | no data |
1.2yrs
Average Tenure
Experienced Management: BWF's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Non-Executive Chairman | 1.17yrs | AU$95.83k | 8.69% A$ 2.5m | |
| Joint MD | 1.17yrs | AU$275.00k | 2.31% A$ 662.7k | |
| Joint MD | 1.17yrs | AU$275.00k | 0.85% A$ 243.4k | |
| Non-Executive Director | no data | AU$85.00k | 3.11% A$ 892.4k | |
| Non-Executive Director | 10yrs | AU$85.00k | 3.83% A$ 1.1m |
2.0yrs
Average Tenure
Experienced Board: BWF's board of directors are not considered experienced ( 2 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: BWF 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
BlackWall Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: BlackWall Limited
- Ticker: BWF
- Exchange: ASX
- Founded:
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$28.729m
- Shares outstanding: 63.14m
- Website: https://www.blackwall.com.au
Number of Employees
Location
- BlackWall Limited
- 50 Yeo Street
- Level 1
- Neutral Bay
- New South Wales
- 2089
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BWF | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Oct 2011 |
| BWF | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Oct 2011 |
Biography
BlackWall Limited (ASX:BWF), formerly BlackWall Property Funds Limited, conducts vertically integrated property funds management business. The firm manages, develops and finance income-producing real estat ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/31 10:35 |
| End of Day Share Price | 2020/10/29 00:00 |
| Earnings | 2020/06/30 |
| 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.