| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
BPT Stock Overview
Beach Energy Limited operates as an oil and gas exploration and production company.
Rewards
Risk Analysis
BPT passed our risk checks.
Beach Energy Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$1.43 |
| 52 Week High | AU$1.90 |
| 52 Week Low | AU$1.01 |
| Beta | 2.22 |
| 1 Month Change | 17.21% |
| 3 Month Change | -1.38% |
| 1 Year Change | -23.53% |
| 3 Year Change | -15.88% |
| 5 Year Change | 86.93% |
| Change since IPO | 191.85% |
Recent News & Updates
Beach Energy (ASX:BPT) Takes On Some Risk With Its Use Of Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Estimating The Intrinsic Value Of Beach Energy Limited (ASX:BPT)
Today we will run through one way of estimating the intrinsic value of Beach Energy Limited ( ASX:BPT ) by taking the...
Shareholder Returns
| BPT | AU Oil and Gas | AU Market | |
|---|---|---|---|
| 7D | 2.1% | -1.2% | -2.8% |
| 1Y | -23.5% | 4.8% | 5.8% |
Return vs Industry: BPT underperformed the Australian Oil and Gas industry which returned 4.8% over the past year.
Return vs Market: BPT underperformed the Australian Market which returned 5.8% over the past year.
Price Volatility
| BPT volatility | |
|---|---|
| BPT Average Weekly Movement | 5.6% |
| Oil and Gas Industry Average Movement | 10.7% |
| 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: BPT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BPT's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1961 | n/a | Morne Engelbrecht | https://www.beachenergy.com.au |
Beach Energy Limited operates as an oil and gas exploration and production company. The company engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. It also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons.
Beach Energy Fundamentals Summary
| BPT fundamental statistics | |
|---|---|
| Market Cap | AU$3.26b |
| Earnings (TTM) | AU$316.50m |
| Revenue (TTM) | AU$1.56b |
10.3x
P/E Ratio2.1x
P/S RatioIs BPT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BPT income statement (TTM) | |
|---|---|
| Revenue | AU$1.56b |
| Cost of Revenue | AU$967.10m |
| Gross Profit | AU$594.90m |
| Expenses | AU$278.40m |
| Earnings | AU$316.50m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 14, 2022
| Earnings per share (EPS) | 0.14 |
| Gross Margin | 38.09% |
| Net Profit Margin | 20.26% |
| Debt/Equity Ratio | 5.6% |
How did BPT perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield14%
Payout RatioValuation
Is Beach Energy 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: BPT (A$1.43) is trading below our estimate of fair value (A$3.86)
Significantly Below Fair Value: BPT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BPT is good value based on its PE Ratio (10.3x) compared to the Australian Oil and Gas industry average (26.1x).
PE vs Market: BPT is good value based on its PE Ratio (10.3x) compared to the Australian market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: BPT is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: BPT is good value based on its PB Ratio (1.1x) compared to the AU Oil and Gas industry average (2.4x).
Future Growth
How is Beach Energy forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
9.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BPT's forecast earnings growth (9.3% per year) is above the savings rate (1.9%).
Earnings vs Market: BPT's earnings (9.3% per year) are forecast to grow slower than the Australian market (10.9% per year).
High Growth Earnings: BPT's earnings are forecast to grow, but not significantly.
Revenue vs Market: BPT's revenue (9.3% per year) is forecast to grow faster than the Australian market (4.9% per year).
High Growth Revenue: BPT's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BPT's Return on Equity is forecast to be low in 3 years time (11.1%).
Past Performance
How has Beach Energy performed over the past 5 years?
28.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BPT has high quality earnings.
Growing Profit Margin: BPT's current net profit margins (20.3%) are lower than last year (28.9%).
Past Earnings Growth Analysis
Earnings Trend: BPT has become profitable over the past 5 years, growing earnings by 28.4% per year.
Accelerating Growth: BPT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BPT had negative earnings growth (-36.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-50.5%).
Return on Equity
High ROE: BPT's Return on Equity (10.3%) is considered low.
Financial Health
How is Beach Energy's financial position?
Financial Position Analysis
Short Term Liabilities: BPT's short term assets (A$670.9M) exceed its short term liabilities (A$399.0M).
Long Term Liabilities: BPT's short term assets (A$670.9M) do not cover its long term liabilities (A$1.2B).
Debt to Equity History and Analysis
Debt Level: BPT's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: BPT's debt to equity ratio has reduced from 13.6% to 5.6% over the past 5 years.
Debt Coverage: BPT's debt is well covered by operating cash flow (436.4%).
Interest Coverage: BPT earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Beach Energy current dividend yield, its reliability and sustainability?
1.40%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BPT's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.25%).
High Dividend: BPT's dividend (1.4%) is low compared to the top 25% of dividend payers in the Australian market (5.56%).
Stability and Growth of Payments
Stable Dividend: BPT's dividend payments have been volatile in the past 10 years.
Growing Dividend: BPT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.4%), BPT's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BPT's dividends in 3 years are forecast to be thoroughly covered by earnings (14.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Morne Engelbrecht
0.17
Tenure
AU$839,404
Compensation
Mr. Morne Engelbrecht, BCom (Hons), CA(ANZ &SA), MAICD, serves as Acting Chief Executive Officer at Beach Energy Limited since November 02, 2021. Mr. Engelbrecht had been the Chief Financial Officer of Be...
CEO Compensation Analysis
Compensation vs Market: Morne's total compensation ($USD604.80K) is below average for companies of similar size in the Australian market ($USD1.39M).
Compensation vs Earnings: Morne's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BPT's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: BPT's board of directors are considered experienced (4.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BPT 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
Beach Energy Limited's employee growth, exchange listings and data sources
Key Information
- Name: Beach Energy Limited
- Ticker: BPT
- Exchange: ASX
- Founded: 1961
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: AU$3.258b
- Shares outstanding: 2.28b
- Website: https://www.beachenergy.com.au
Number of Employees
Location
- Beach Energy Limited
- 80 Flinders Street
- Level 8
- Adelaide
- South Australia
- 5000
- 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.