Beach Energy Limited

ASX:BPT Stock Report

Market Cap: AU$3.1b

Beach Energy Valuation

Is BPT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BPT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BPT (A$1.36) is trading below our estimate of fair value (A$6.49)

Significantly Below Fair Value: BPT is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BPT?

Key metric: As BPT is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for BPT. This is calculated by dividing BPT's market cap by their current revenue.
What is BPT's PS Ratio?
PS Ratio1.7x
SalesAU$1.80b
Market CapAU$3.09b

Price to Sales Ratio vs Peers

How does BPT's PS Ratio compare to its peers?

The above table shows the PS ratio for BPT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.7x
AEL Amplitude Energy
2.3x13.0%AU$501.6m
STO Santos
2.3x6.9%AU$20.7b
KAR Karoon Energy
0.8x-7.5%AU$1.0b
HZN Horizon Oil
1.6x4.8%AU$292.8m
BPT Beach Energy
1.7x4.4%AU$3.1b

Price-To-Sales vs Peers: BPT is good value based on its Price-To-Sales Ratio (1.7x) compared to the peer average (1.7x).

Price to Sales Ratio vs Industry

How does BPT's PS Ratio compare vs other companies in the AU Oil and Gas Industry?

38 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.4.4x6.3%
BPT Beach Energy
 1.7x4.4%US$1.93b
WDS Woodside Energy Group
2.2x1.8%US$27.97b
STO Santos
2.3x6.9%US$12.97b
BPT 1.7xIndustry Avg. 4.4xNo. of Companies38PS020406080100+
38 CompaniesEstimated GrowthMarket Cap
Industry Avg.4.4x8.0%
BPT Beach Energy
 1.7x45.5%US$1.93b
No more companies

Price-To-Sales vs Industry: BPT is good value based on its Price-To-Sales Ratio (1.7x) compared to the Australian Oil and Gas industry average (4.4x).

Price to Sales Ratio vs Fair Ratio

What is BPT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BPT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.7x
Fair PS Ratio2x

Price-To-Sales vs Fair Ratio: BPT is good value based on its Price-To-Sales Ratio (1.7x) compared to the estimated Fair Price-To-Sales Ratio (2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BPT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$1.36
AU$1.52
+12.5%
20.4%AU$2.40AU$1.20n/a16
Dec ’25AU$1.23
AU$1.53
+24.2%
20.5%AU$2.40AU$1.10n/a15
Nov ’25AU$1.27
AU$1.53
+20.7%
20.5%AU$2.40AU$1.10n/a15
Oct ’25AU$1.19
AU$1.51
+27.1%
21.0%AU$2.40AU$1.10n/a16
Sep ’25AU$1.25
AU$1.58
+26.5%
24.9%AU$2.58AU$1.10n/a17
Aug ’25AU$1.52
AU$1.78
+16.8%
19.5%AU$2.58AU$1.30n/a17
Jul ’25AU$1.48
AU$1.78
+20.3%
18.8%AU$2.58AU$1.40n/a17
Jun ’25AU$1.68
AU$1.90
+13.3%
14.0%AU$2.58AU$1.56n/a17
May ’25AU$1.56
AU$1.90
+22.1%
14.0%AU$2.58AU$1.56n/a17
Apr ’25AU$1.84
AU$1.98
+8.1%
12.1%AU$2.58AU$1.65n/a17
Mar ’25AU$1.64
AU$1.92
+17.3%
13.5%AU$2.58AU$1.65n/a17
Feb ’25AU$1.67
AU$1.80
+7.7%
13.7%AU$2.50AU$1.55n/a16
Jan ’25AU$1.60
AU$1.79
+12.0%
14.6%AU$2.50AU$1.50n/a17
Dec ’24AU$1.49
AU$1.79
+20.5%
14.8%AU$2.50AU$1.50AU$1.2317
Nov ’24AU$1.55
AU$1.79
+15.5%
14.8%AU$2.50AU$1.50AU$1.2717
Oct ’24AU$1.64
AU$1.79
+8.9%
13.4%AU$2.50AU$1.50AU$1.1917
Sep ’24AU$1.59
AU$1.82
+15.1%
15.5%AU$2.52AU$1.50AU$1.2519
Aug ’24AU$1.65
AU$1.88
+13.7%
19.6%AU$3.10AU$1.50AU$1.5219
Jul ’24AU$1.35
AU$1.83
+35.3%
20.2%AU$3.00AU$1.35AU$1.4819
Jun ’24AU$1.41
AU$1.82
+29.5%
20.6%AU$3.00AU$1.35AU$1.6818
May ’24AU$1.49
AU$1.86
+25.3%
19.6%AU$3.00AU$1.48AU$1.5618
Apr ’24AU$1.42
AU$1.89
+33.3%
19.3%AU$3.00AU$1.48AU$1.8418
Mar ’24AU$1.44
AU$1.90
+32.3%
19.1%AU$3.00AU$1.50AU$1.6418
Feb ’24AU$1.48
AU$2.00
+35.0%
20.8%AU$3.08AU$1.45AU$1.6718
Jan ’24AU$1.60
AU$2.09
+31.0%
18.0%AU$3.08AU$1.54AU$1.6018
Dec ’23AU$1.85
AU$2.12
+14.9%
18.1%AU$3.08AU$1.54AU$1.4916

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 03:28
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Beach Energy Limited is covered by 29 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Dale KoendersBarrenjoey Markets Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited