Blackmores Limited develops, sells, and markets natural health products for humans and animals in Australia, New Zealand, Asia, China, and internationally.
No risks detected for BKL from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$100.75|
|52 Week High||AU$62.16|
|52 Week Low||AU$102.92|
|1 Month Change||12.91%|
|3 Month Change||31.03%|
|1 Year Change||61.02%|
|3 Year Change||-17.01%|
|5 Year Change||-6.58%|
|Change since IPO||3,563.64%|
Recent News & Updates
|BKL||AU Personal Products||AU Market|
Return vs Industry: BKL exceeded the Australian Personal Products industry which returned 24.6% over the past year.
Return vs Market: BKL exceeded the Australian Market which returned 21.4% over the past year.
Stable Share Price: BKL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BKL's weekly volatility (6%) has been stable over the past year.
About the Company
Blackmores Limited develops, sells, and markets natural health products for humans and animals in Australia, New Zealand, Asia, China, and internationally. The company offers vitamins, and herbal and mineral nutritional supplements. It also provides products for various conditions related to arthritis, joints, bones, and muscles; brain health; cold, flu, and immunity; digestive health; energy and exercise; essentials; everyday health; and eye health.
Blackmores Fundamentals Summary
|BKL fundamental statistics|
Is BKL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BKL income statement (TTM)|
|Cost of Revenue||AU$222.25m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.24|
|Net Profit Margin||4.16%|
How did BKL perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is Blackmores undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BKL (A$100.75) is trading below our estimate of fair value (A$111.14)
Significantly Below Fair Value: BKL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BKL is poor value based on its PE Ratio (81.5x) compared to the Global Personal Products industry average (26.7x).
PE vs Market: BKL is poor value based on its PE Ratio (81.5x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: BKL is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: BKL is overvalued based on its PB Ratio (5.2x) compared to the AU Personal Products industry average (2.6x).
How is Blackmores forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BKL's forecast earnings growth (26.9% per year) is above the savings rate (1.9%).
Earnings vs Market: BKL's earnings (26.9% per year) are forecast to grow faster than the Australian market (11.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BKL's revenue (11.6% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: BKL's revenue (11.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BKL's Return on Equity is forecast to be low in 3 years time (17.2%).
How has Blackmores performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKL has high quality earnings.
Growing Profit Margin: BKL's current net profit margins (4.2%) are higher than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: BKL's earnings have declined by 30.9% per year over the past 5 years.
Accelerating Growth: BKL's earnings growth over the past year (97.3%) exceeds its 5-year average (-30.9% per year).
Earnings vs Industry: BKL earnings growth over the past year (97.3%) exceeded the Personal Products industry 23%.
Return on Equity
High ROE: BKL's Return on Equity (7.6%) is considered low.
How is Blackmores's financial position?
Financial Position Analysis
Short Term Liabilities: BKL's short term assets (A$321.6M) exceed its short term liabilities (A$144.2M).
Long Term Liabilities: BKL's short term assets (A$321.6M) exceed its long term liabilities (A$37.3M).
Debt to Equity History and Analysis
Debt Level: BKL is debt free.
Reducing Debt: BKL has no debt compared to 5 years ago when its debt to equity ratio was 30.7%.
Debt Coverage: BKL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BKL has no debt, therefore coverage of interest payments is not a concern.
What is Blackmores's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BKL's dividend (0.83%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.27%).
High Dividend: BKL's dividend (0.83%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).
Stability and Growth of Payments
Stable Dividend: BKL is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: BKL is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: BKL is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BKL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alastair Symington (48 yo)
Mr. Alastair Symington., BEc, PostGradDip IntBus, MAICD, has been Chief Executive Officer and Managing Director of Blackmores Limited since October 1, 2019. Mr. Alastair serves as Director of Blackmores Li...
CEO Compensation Analysis
Compensation vs Market: Alastair's total compensation ($USD1.01M) is about average for companies of similar size in the Australian market ($USD1.38M).
Compensation vs Earnings: Insufficient data to compare Alastair's compensation with company performance.
Experienced Management: BKL's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: BKL's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Blackmores Limited's employee growth, exchange listings and data sources
- Name: Blackmores Limited
- Ticker: BKL
- Exchange: ASX
- Founded: 1930
- Industry: Personal Products
- Sector: Household
- Market Cap: AU$1.958b
- Shares outstanding: 19.38m
- Website: https://www.blackmores.com.au
Number of Employees
- Blackmores Limited
- 20 Jubilee Avenue
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 07:02|
|End of Day Share Price||2021/10/22 00:00|
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.