BKL Stock Overview
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$69.62|
|52 Week High||AU$103.97|
|52 Week Low||AU$65.00|
|1 Month Change||-1.93%|
|3 Month Change||-5.05%|
|1 Year Change||-4.94%|
|3 Year Change||-22.57%|
|5 Year Change||-27.36%|
|Change since IPO||2,431.64%|
Recent News & Updates
Is There An Opportunity With Blackmores Limited's (ASX:BKL) 34% Undervaluation?
Today we will run through one way of estimating the intrinsic value of Blackmores Limited ( ASX:BKL ) by taking the...
|BKL||AU Personal Products||AU Market|
Return vs Industry: BKL exceeded the Australian Personal Products industry which returned -34.4% over the past year.
Return vs Market: BKL exceeded the Australian Market which returned -11.3% over the past year.
|BKL Average Weekly Movement||4.8%|
|Personal Products Industry Average Movement||9.3%|
|Market Average Movement||9.7%|
|10% most volatile stocks in AU Market||16.3%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: BKL is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BKL's weekly volatility (5%) 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$235.20m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 18, 2022
|Earnings per share (EPS)||1.55|
|Net Profit Margin||4.87%|
How did BKL perform over the long term?See historical performance and comparison
1.8%Current Dividend Yield
Is BKL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BKL?
Other financial metrics that can be useful for relative valuation.
|What is BKL's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does BKL's PE Ratio compare to its peers?
|BKL PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
605009 Hangzhou Haoyue Personal Care
PZC PZ Cussons
IWIN Irwin Naturals
Price-To-Earnings vs Peers: BKL is good value based on its Price-To-Earnings Ratio (44.9x) compared to the peer average (46.1x).
Price to Earnings Ratio vs Industry
How does BKL's PE Ratio compare vs other companies in the Global Personal Products Industry?
Price-To-Earnings vs Industry: BKL is expensive based on its Price-To-Earnings Ratio (44.9x) compared to the Global Personal Products industry average (22.2x)
Price to Earnings Ratio vs Fair Ratio
What is BKL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||44.9x|
|Fair PE Ratio||41.2x|
Price-To-Earnings vs Fair Ratio: BKL is expensive based on its Price-To-Earnings Ratio (44.9x) compared to the estimated Fair Price-To-Earnings Ratio (41.2x).
Share Price vs Fair Value
What is the Fair Price of BKL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BKL (A$69.62) is trading below our estimate of fair value (A$151.56)
Significantly Below Fair Value: BKL is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: BKL is poor value based on its PEG Ratio (1.6x)
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How is Blackmores forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BKL's forecast earnings growth (27.5% per year) is above the savings rate (1.8%).
Earnings vs Market: BKL's earnings (27.5% per year) are forecast to grow faster than the Australian market (6% per year).
High Growth Earnings: BKL's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BKL's revenue (11.1% per year) is forecast to grow faster than the Australian market (5.2% per year).
High Growth Revenue: BKL's revenue (11.1% 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 (15.4%).
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How has Blackmores performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKL has high quality earnings.
Growing Profit Margin: BKL's current net profit margins (4.9%) are higher than last year (1.6%).
Past Earnings Growth Analysis
Earnings Trend: BKL's earnings have declined by 29.3% per year over the past 5 years.
Accelerating Growth: BKL's earnings growth over the past year (233.4%) exceeds its 5-year average (-29.3% per year).
Earnings vs Industry: BKL earnings growth over the past year (233.4%) exceeded the Personal Products industry 14.3%.
Return on Equity
High ROE: BKL's Return on Equity (9.5%) is considered low.
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How is Blackmores's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BKL's short term assets (A$347.1M) exceed its short term liabilities (A$142.4M).
Long Term Liabilities: BKL's short term assets (A$347.1M) exceed its long term liabilities (A$37.7M).
Debt to Equity History and Analysis
Debt Level: BKL is debt free.
Reducing Debt: BKL has no debt compared to 5 years ago when its debt to equity ratio was 71.4%.
Debt Coverage: BKL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BKL has no debt, therefore coverage of interest payments is not a concern.
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What is Blackmores's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BKL's dividend (1.81%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.74%).
High Dividend: BKL's dividend (1.81%) is low compared to the top 25% of dividend payers in the Australian market (6.85%).
Stability and Growth of Payments
Stable Dividend: BKL's dividend payments have been volatile in the past 10 years.
Growing Dividend: BKL's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.4%), BKL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.7%), BKL's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alastair Symington (47 yo)
Mr. Alastair Symington., BEc, PostGradDip IntBus, MAICD, has been Chief Executive Officer and Managing Director of Blackmores Limited since October 1, 2019. Mr. Alastair serves as Director of Blackmores Li...
CEO Compensation Analysis
Compensation vs Market: Alastair's total compensation ($USD1.59M) is above average for companies of similar size in the Australian market ($USD1.04M).
Compensation vs Earnings: Alastair's compensation has increased by more than 20% in the past year.
Experienced Management: BKL's management team is considered experienced (2.3 years average tenure).
Experienced Board: BKL's board of directors are not considered experienced ( 1.2 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
- Implied Market Cap: AU$1.353b
- Shares outstanding: 19.43m
- 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||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 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.