Brickworks Limited manufactures, sells, and distributes building products in Australia.
Excellent balance sheet established dividend payer.
Share Price & News
How has Brickworks's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BKW has not had significant price volatility in the past 3 months.
7 Day Return
AU Basic Materials
1 Year Return
AU Basic Materials
Return vs Industry: BKW underperformed the Australian Basic Materials industry which returned 23.8% over the past year.
Return vs Market: BKW underperformed the Australian Market which returned 14.6% over the past year.
Price Volatility Vs. Market
How volatile is Brickworks's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StHere's Why We Think Brickworks (ASX:BKW) Is Well Worth Watching
2 weeks ago | Simply Wall StHere's What We Think About Brickworks Limited's (ASX:BKW) CEO Pay
3 weeks ago | Simply Wall StDoes Brickworks Limited's (ASX:BKW) P/E Ratio Signal A Buying Opportunity?
Is Brickworks undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BKW (A$19.72) is trading above our estimate of fair value (A$11.39)
Significantly Below Fair Value: BKW is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BKW is good value based on its PE Ratio (15x) compared to the Basic Materials industry average (24.3x).
PE vs Market: BKW is good value based on its PE Ratio (15x) compared to the Australian market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: BKW's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BKW is good value based on its PB Ratio (1.4x) compared to the AU Basic Materials industry average (1.9x).
How is Brickworks forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BKW's earnings are forecast to decline over the next 3 years (-6.2% per year).
Earnings vs Market: BKW's earnings are forecast to decline over the next 3 years (-6.2% per year).
High Growth Earnings: BKW's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BKW's revenue (4% per year) is forecast to grow slower than the Australian market (4.2% per year).
High Growth Revenue: BKW's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BKW's Return on Equity is forecast to be low in 3 years time (7.3%).
How has Brickworks performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKW has high quality earnings.
Growing Profit Margin: BKW's current net profit margins (21.4%) are lower than last year (22.8%).
Past Earnings Growth Analysis
Earnings Trend: BKW's earnings have grown significantly by 21.4% per year over the past 5 years.
Accelerating Growth: BKW's earnings growth over the past year (10.1%) is below its 5-year average (21.4% per year).
Earnings vs Industry: BKW earnings growth over the past year (10.1%) exceeded the Basic Materials industry -37%.
Return on Equity
High ROE: BKW's Return on Equity (9.1%) is considered low.
Return on Assets
Return on Capital Employed
How is Brickworks's financial position?
Financial Position Analysis
Short Term Liabilities: BKW's short term assets (A$495.0M) exceed its short term liabilities (A$261.8M).
Long Term Liabilities: BKW's short term assets (A$495.0M) do not cover its long term liabilities (A$663.8M).
Debt to Equity History and Analysis
Debt Level: BKW's debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: BKW's debt to equity ratio has reduced from 18.3% to 15.4% over the past 5 years.
Debt Coverage: BKW's debt is well covered by operating cash flow (37%).
Interest Coverage: BKW's interest payments on its debt are well covered by EBIT (3.4x coverage).
Inventory Level: BKW has a high level of physical assets or inventory.
Debt Coverage by Assets: BKW's debt is covered by short term assets (assets are 1.5x debt).
What is Brickworks's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: BKW's dividend (2.89%) is higher than the bottom 25% of dividend payers in the Australian market (2.29%).
High Dividend: BKW's dividend (2.89%) is low compared to the top 25% of dividend payers in the Australian market (5.35%).
Stability and Growth of Payments
Stable Dividend: BKW's dividends per share have been stable in the past 10 years.
Growing Dividend: BKW's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.3%), BKW's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BKW's dividends in 3 years are forecast to be covered by earnings (51% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lindsay Partridge (64yo)
Mr. Lindsay R. Partridge, AM; BSc. Hons.Ceramic Eng; SFCDA; Dip.CD has been the Managing Director of Brickworks Ltd. since 2000 and joined since 1985. Mr. Partridge served as the Chief Executive Officer of ...
CEO Compensation Analysis
Compensation vs Market: Lindsay's total compensation ($USD2.16M) is above average for companies of similar size in the Australian market ($USD1.37M).
Compensation vs Earnings: Lindsay's compensation has been consistent with company performance over the past year.
|MD & Executive Director||0yrs||AU$3.25m||0.14% A$4.3m|
|Chief Financial Officer||3.7yrs||AU$1.40m||0.026% A$766.5k|
|President of Brickworks Building Products North America||1.1yrs||AU$381.97k||0.029% A$846.3k|
|Executive General Manager of Land & Development||14.1yrs||AU$1.15m||0.082% A$2.4m|
|Group General Manager of Operations||3yrs||AU$250.63k||no data|
|Company Secretary & General Counsel||4.8yrs||no data||no data|
|Group General Manager of Sales & Export||17.1yrs||AU$459.74k||no data|
|General Manager of Corporate Development||0yrs||no data||no data|
|General Manager of Austral Masonry||5yrs||AU$183.89k||no data|
Experienced Management: BKW's management team is considered experienced (4.8 years average tenure).
|MD & Executive Director||0yrs||AU$3.25m||0.14% A$4.3m|
|Non Executive Chairman||21.1yrs||AU$256.00k||2.3% A$67.9m|
|Independent Non-Executive Director||5.6yrs||AU$141.10k||0.0079% A$232.9k|
|Deputy Chairman||0yrs||AU$128.00k||0.16% A$4.8m|
|Independent Non-Executive Director||11.7yrs||AU$141.10k||0.012% A$359.2k|
|Lead Independent Director||0yrs||AU$136.30k||0.011% A$313.9k|
|Independent Non-Executive Director||0.3yrs||no data||0.00033% A$9.8k|
|Independent Non-Executive Director||0.08yrs||no data||0.00067% A$19.8k|
Experienced Board: BKW's board of directors are considered experienced (8.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BKW 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.
Brickworks Limited's company bio, employee growth, exchange listings and data sources
- Name: Brickworks Limited
- Ticker: BKW
- Exchange: ASX
- Founded: 1934
- Industry: Construction Materials
- Sector: Materials
- Market Cap: AU$2.956b
- Shares outstanding: 149.90m
- Website: https://www.brickworks.com.au
Number of Employees
- Brickworks Limited
- 738 - 780 Wallgrove Road
- Horsley Park
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BKW||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|BRKW.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|BKW||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
Brickworks Limited manufactures, sells, and distributes building products in Australia. It operates through Building Products Australia, Building Products North America, Property, and Investments segments. The company manufactures vitrified clay, concrete, and timber products for use in the building industry. Its products primarily include bricks, masonry blocks, pavers, roof tiles, floor tiles, precast walling and flooring panels, and fiber cement walling panels, as well as retaining wall systems, precast concrete panels, concrete and terracotta roof tiles, and specialized façade systems. The company offers its building products under the Austral Bricks, Austral Masonry, Austral Precast, Bristile Roofing, Auswest Timber, Pronto Panel, Daniel Robertson, Nubrik, Bowral Bricks, Terracade, INEX, and NZ Brick Distributors brands. It also exports its products. In addition, the company develops and sells residential and industrial land; and invests in property trusts and the Australian share market. Brickworks Limited was founded in 1934 and is headquartered in Horsley Park, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 10:33|
|End of Day Share Price||2020/02/21 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.