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BWF

BlackWallASX:BWF Stock Report

Last Price

AU$0.85

Market Cap

AU$55.4m

7D

23.2%

1Y

97.7%

Updated

23 Jan, 2022

Data

Company Financials
BWF fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

BWF Stock Overview

BlackWall Limited (ASX:BWF), formerly BlackWall Property Funds Limited, conducts vertically integrated property funds management business.

Price History & Performance

Summary of all time highs, changes and price drops for BlackWall
Historical stock prices
Current Share PriceAU$0.85
52 Week HighAU$0.88
52 Week LowAU$0.37
Beta1.08
1 Month Change42.86%
3 Month Change29.77%
1 Year Change97.67%
3 Year Change3.66%
5 Year Change6.25%
Change since IPO240.00%

Recent News & Updates

Shareholder Returns

BWFAU Capital MarketsAU Market
7D23.2%-5.4%-2.8%
1Y97.7%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

Is BWF's price volatile compared to industry and market?
BWF volatility
BWF Average Weekly Movement6.7%
Capital Markets Industry Average Movement4.5%
Market Average Movement8.6%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

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

FoundedEmployeesCEOWebsite
n/a20Tim Brownhttps://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

How do BlackWall's earnings and revenue compare to its market cap?
BWF fundamental statistics
Market CapAU$55.44m
Earnings (TTM)AU$3.05m
Revenue (TTM)AU$7.29m

18.2x

P/E Ratio

7.6x

P/S Ratio


Dividends

6.1%

Current Dividend Yield

103%

Payout Ratio

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 07:01
End of Day Share Price2022/01/21 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.