| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
BWF Stock Overview
BlackWall Limited (ASX:BWF), formerly BlackWall Property Funds Limited, conducts vertically integrated property funds management business.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.85 |
| 52 Week High | AU$0.88 |
| 52 Week Low | AU$0.37 |
| Beta | 1.08 |
| 1 Month Change | 42.86% |
| 3 Month Change | 29.77% |
| 1 Year Change | 97.67% |
| 3 Year Change | 3.66% |
| 5 Year Change | 6.25% |
| Change since IPO | 240.00% |
Recent News & Updates
Shareholder Returns
| BWF | AU Capital Markets | AU Market | |
|---|---|---|---|
| 7D | 23.2% | -5.4% | -2.8% |
| 1Y | 97.7% | 16.1% | 5.8% |
Return vs Industry: BWF exceeded the Australian Capital Markets industry which returned 16.1% over the past year.
Return vs Market: BWF exceeded the Australian Market which returned 5.8% over the past year.
Price Volatility
| BWF volatility | |
|---|---|
| BWF Average Weekly Movement | 6.7% |
| Capital Markets Industry Average Movement | 4.5% |
| Market Average Movement | 8.6% |
| 10% most volatile stocks in AU Market | 15.4% |
| 10% least volatile stocks in AU Market | 3.7% |
Stable Share Price: BWF is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BWF's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 20 | Tim Brown | https://www.blackwall.com.au |
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 estate on behalf of retail, high net worth and institutional property investors. It operates two wholly-owned subsidiaries, Blackwall Property Funds and WOTSO.
BlackWall Fundamentals Summary
| BWF fundamental statistics | |
|---|---|
| Market Cap | AU$55.44m |
| Earnings (TTM) | AU$3.05m |
| Revenue (TTM) | AU$7.29m |
18.2x
P/E Ratio7.6x
P/S RatioIs BWF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BWF income statement (TTM) | |
|---|---|
| Revenue | AU$7.29m |
| Cost of Revenue | AU$3.70m |
| Gross Profit | AU$3.59m |
| Expenses | AU$535.00k |
| Earnings | AU$3.05m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.047 |
| Gross Margin | 49.25% |
| Net Profit Margin | 41.90% |
| Debt/Equity Ratio | 0% |
How did BWF perform over the long term?
See historical performance and comparisonDividends
6.1%
Current Dividend Yield103%
Payout RatioValuation
Is BlackWall undervalued compared to its fair value and its price relative to the market?
25.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BWF (A$0.85) is trading below our estimate of fair value (A$1.14)
Significantly Below Fair Value: BWF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BWF is poor value based on its PE Ratio (18.2x) compared to the Australian Capital Markets industry average (16.1x).
PE vs Market: BWF is good value based on its PE Ratio (18.2x) compared to the Australian market (18.6x).
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 is overvalued based on its PB Ratio (2.5x) compared to the AU Capital Markets industry average (1.3x).
Future Growth
How is BlackWall forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
8.3%
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.
Past Performance
How has BlackWall performed over the past 5 years?
-4.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BWF has high quality earnings.
Growing Profit Margin: BWF's current net profit margins (41.9%) are higher than last year (41.1%).
Past Earnings Growth Analysis
Earnings Trend: BWF's earnings have declined by 4.6% per year over the past 5 years.
Accelerating Growth: BWF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BWF had negative earnings growth (-28.8%) over the past year, making it difficult to compare to the Capital Markets industry average (37.7%).
Return on Equity
High ROE: BWF's Return on Equity (13.9%) is considered low.
Financial Health
How is BlackWall's financial position?
Financial Position Analysis
Short Term Liabilities: BWF's short term assets (A$3.5M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: BWF's short term assets (A$3.5M) exceed its long term liabilities (A$3.4M).
Debt to Equity History and Analysis
Debt Level: BWF is debt free.
Reducing Debt: BWF has no debt compared to 5 years ago when its debt to equity ratio was 19.9%.
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
Dividend
What is BlackWall current dividend yield, its reliability and sustainability?
6.12%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BWF's dividend (6.12%) is higher than the bottom 25% of dividend payers in the Australian market (2.25%).
High Dividend: BWF's dividend (6.12%) is in the top 25% of dividend payers in the Australian market (5.56%)
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 9 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (103.4%), BWF'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?
3.2yrs
Average management tenure
CEO
Tim Brown
2.42yrs
Tenure
AU$275,000
Compensation
Mr. Timothy Brown, also known as Tim, served as Interim Company Secretary at Wotso Property Formerly Blackwall Fund Services Limited since March 27, 2020 until April 23, 2020. Mr. Brown serves as the Chief...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD198.14K) is below average for companies of similar size in the Australian market ($USD291.61K).
Compensation vs Earnings: Tim's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BWF's management team is considered experienced (3.2 years average tenure).
Board Members
Experienced Board: BWF's board of directors are considered experienced (3.2 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 3.3%.
Top Shareholders
Company Information
BlackWall Limited's employee growth, exchange listings and data sources
Key Information
- Name: BlackWall Limited
- Ticker: BWF
- Exchange: ASX
- Founded: NaN
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: AU$55.443m
- Shares outstanding: 65.23m
- 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
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/23 07:01 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.