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BWX

BWXASX:BWX Stock Report

Market Cap

AU$769.0m

7D

-1.2%

1Y

11.7%

Updated

19 Oct, 2021

Data

Company Financials +
BWX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance4/6
Financial Health5/6
Dividends0/6

BWX Overview

BWX Limited, together with its subsidiaries, develops, manufactures, markets, distributes, and sells natural body, hair, and skin care products in Australia, the United States, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for BWX
Historical stock prices
Current Share PriceAU$4.78
52 Week HighAU$3.60
52 Week LowAU$5.63
Beta1.74
1 Month Change-3.04%
3 Month Change-4.59%
1 Year Change11.68%
3 Year Change37.75%
5 Year Change-5.72%
Change since IPO111.50%

Recent News & Updates

Jul 06
Here's Why I Think BWX (ASX:BWX) Is An Interesting Stock

Here's Why I Think BWX (ASX:BWX) Is An Interesting Stock

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

BWXAU Personal ProductsAU Market
7D-1.2%2.3%1.7%
1Y11.7%17.6%20.3%

Return vs Industry: BWX underperformed the Australian Personal Products industry which returned 17.6% over the past year.

Return vs Market: BWX underperformed the Australian Market which returned 20.3% over the past year.

Price Volatility

Is BWX's price volatile compared to industry and market?
BWX volatility
BWX Beta1.74
Industry Beta0.70
Market Beta1

Stable Share Price: BWX is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BWX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013310Dave Fenlonhttps://bwxltd.com

BWX Limited, together with its subsidiaries, develops, manufactures, markets, distributes, and sells natural body, hair, and skin care products in Australia, the United States, and internationally. The company is also involved in the online sale of its products. In addition, it provides health, beauty, and wellbeing products sourced from third parties through the Nourished Life e-commerce site; and vegan, ethical, and sustainable products through Flora and Fauna.

BWX Fundamentals Summary

How do BWX's earnings and revenue compare to its market cap?
BWX fundamental statistics
Market CapAU$769.05m
Earnings (TTM)AU$23.68m
Revenue (TTM)AU$194.08m

32.5x

P/E Ratio

4.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BWX income statement (TTM)
RevenueAU$194.08m
Cost of RevenueAU$79.04m
Gross ProfitAU$115.04m
ExpensesAU$91.36m
EarningsAU$23.68m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin59.28%
Net Profit Margin12.20%
Debt/Equity Ratio14.6%

How did BWX perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

24%

Payout Ratio

Valuation

Is BWX undervalued compared to its fair value and its price relative to the market?

41.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BWX (A$4.78) is trading below our estimate of fair value (A$8.18)

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


Price To Earnings Ratio

PE vs Industry: BWX is poor value based on its PE Ratio (32.5x) compared to the Global Personal Products industry average (26.8x).

PE vs Market: BWX is poor value based on its PE Ratio (32.5x) compared to the Australian market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: BWX is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: BWX is good value based on its PB Ratio (2.1x) compared to the AU Personal Products industry average (2.9x).


Future Growth

How is BWX forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

20.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BWX's forecast earnings growth (20.6% per year) is above the savings rate (1.9%).

Earnings vs Market: BWX's earnings (20.6% per year) are forecast to grow faster than the Australian market (11.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BWX's revenue (19% per year) is forecast to grow faster than the Australian market (5.4% per year).

High Growth Revenue: BWX's revenue (19% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BWX's Return on Equity is forecast to be low in 3 years time (8.1%).


Past Performance

How has BWX performed over the past 5 years?

9.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BWX has a large one-off gain of A$6.9M impacting its June 30 2021 financial results.

Growing Profit Margin: BWX's current net profit margins (12.2%) are higher than last year (7.8%).


Past Earnings Growth Analysis

Earnings Trend: BWX's earnings have grown by 9% per year over the past 5 years.

Accelerating Growth: BWX's earnings growth over the past year (60.9%) exceeds its 5-year average (9% per year).

Earnings vs Industry: BWX earnings growth over the past year (60.9%) exceeded the Personal Products industry 23%.


Return on Equity

High ROE: BWX's Return on Equity (6.6%) is considered low.


Financial Health

How is BWX's financial position?


Financial Position Analysis

Short Term Liabilities: BWX's short term assets (A$162.3M) exceed its short term liabilities (A$65.6M).

Long Term Liabilities: BWX's short term assets (A$162.3M) exceed its long term liabilities (A$72.1M).


Debt to Equity History and Analysis

Debt Level: BWX's debt to equity ratio (14.6%) is considered satisfactory.

Reducing Debt: BWX's debt to equity ratio has increased from 7.8% to 14.6% over the past 5 years.

Debt Coverage: BWX's debt is well covered by operating cash flow (48.8%).

Interest Coverage: BWX's interest payments on its debt are well covered by EBIT (9.7x coverage).


Balance Sheet


Dividend

What is BWX current dividend yield, its reliability and sustainability?

0.86%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BWX's dividend (0.86%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.27%).

High Dividend: BWX's dividend (0.86%) is low compared to the top 25% of dividend payers in the Australian market (5.28%).


Stability and Growth of Payments

Stable Dividend: BWX is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.

Growing Dividend: BWX 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: BWX is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BWX's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Dave Fenlon

2.25yrs

Tenure

AU$1,702,596

Compensation

Mr. David John Fenlon, also known as Dave, is a Non-Executive Director of Quintis Ltd since 2020. He has been Director of BWX Limited since April 16, 2018 and serves as its Group CEO & Managing Director si...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD1.26M) is above average for companies of similar size in the Australian market ($USD732.79K).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BWX's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: BWX's board of directors are considered experienced (3.1 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.3%.


Top Shareholders

Company Information

BWX Limited's employee growth, exchange listings and data sources


Key Information

  • Name: BWX Limited
  • Ticker: BWX
  • Exchange: ASX
  • Founded: 2013
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: AU$769.045m
  • Shares outstanding: 160.89m
  • Website: https://bwxltd.com

Number of Employees


Location

  • BWX Limited
  • 2 Darby Way
  • Dandenong
  • Victoria
  • 3175
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 15:53
End of Day Share Price2021/10/19 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.