Executive Summary
Boral Limited manufactures and supplies building and construction materials in Australia, North America, Asia, and internationally.
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Undervalued with moderate growth potential.
Similar Companies
Share Price & News
How has Boral's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BLD's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
3.3%
BLD
3.2%
AU Basic Materials
1.9%
AU Market
1 Year Return
-27.0%
BLD
4.9%
AU Basic Materials
-8.4%
AU Market
Return vs Industry: BLD underperformed the Australian Basic Materials industry which returned 4.9% over the past year.
Return vs Market: BLD underperformed the Australian Market which returned -8.4% over the past year.
Shareholder returns
| BLD | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.3% | 3.2% | 1.9% |
| 30 Day | 0.8% | 7.1% | 1.7% |
| 90 Day | 33.9% | 28.3% | 13.2% |
| 1 Year | -22.4%-27.0% | 7.8%4.9% | -4.6%-8.4% |
| 3 Year | -36.7%-45.1% | 11.7%0.2% | 19.4%3.7% |
| 5 Year | -28.0%-42.9% | 24.1%3.1% | 39.5%9.4% |
Price Volatility Vs. Market
How volatile is Boral's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Are Boral's (ASX:BLD) Statutory Earnings A Good Reflection Of Its Earnings Potential?3 weeks ago | Simply Wall St
Is It Too Late To Consider Buying Boral Limited (ASX:BLD)?1 month ago | Simply Wall St
Read This Before Selling Boral Limited (ASX:BLD) SharesValuation
Is Boral undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BLD (A$3.71) is trading below our estimate of fair value (A$8.27)
Significantly Below Fair Value: BLD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BLD is good value based on its PE Ratio (25.6x) compared to the AU Basic Materials industry average (28.4x).
PE vs Market: BLD is poor value based on its PE Ratio (25.6x) compared to the Australian market (16x).
Price to Earnings Growth Ratio
PEG Ratio: BLD is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: BLD is good value based on its PB Ratio (0.8x) compared to the AU Basic Materials industry average (1.6x).
Next Steps
Future Growth
How is Boral forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
25.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BLD's forecast earnings growth (25.8% per year) is above the savings rate (2.3%).
Earnings vs Market: BLD's earnings (25.8% per year) are forecast to grow faster than the Australian market (14.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BLD's revenue (3% per year) is forecast to grow slower than the Australian market (4.1% per year).
High Growth Revenue: BLD's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BLD's Return on Equity is forecast to be low in 3 years time (5.5%).
Next Steps
Past Performance
How has Boral performed over the past 5 years?
5.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLD has high quality earnings.
Growing Profit Margin: BLD's current net profit margins (2.9%) are lower than last year (7.8%).
Past Earnings Growth Analysis
Earnings Trend: BLD's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: BLD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BLD had negative earnings growth (-61.4%) over the past year, making it difficult to compare to the Basic Materials industry average (-55.8%).
Return on Equity
High ROE: BLD's Return on Equity (2.9%) is considered low.
Next Steps
Financial Health
How is Boral's financial position?
Financial Position Analysis
Short Term Liabilities: BLD's short term assets (A$1.7B) exceed its short term liabilities (A$1.3B).
Long Term Liabilities: BLD's short term assets (A$1.7B) do not cover its long term liabilities (A$2.6B).
Debt to Equity History and Analysis
Debt Level: BLD's debt to equity ratio (41.5%) is considered high.
Reducing Debt: BLD's debt to equity ratio has increased from 35.5% to 41.5% over the past 5 years.
Debt Coverage: BLD's debt is well covered by operating cash flow (31%).
Interest Coverage: BLD's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Boral current dividend yield, its reliability and sustainability?
6.20%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BLD's dividend (6.2%) is higher than the bottom 25% of dividend payers in the Australian market (2.47%).
High Dividend: BLD's dividend (6.2%) is low compared to the top 25% of dividend payers in the Australian market (6.61%).
Stability and Growth of Payments
Stable Dividend: BLD's dividend payments have been volatile in the past 10 years.
Growing Dividend: BLD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (158.7%), BLD's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BLD's dividends in 3 years are forecast to be covered by earnings (59.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Zlatko Todorcevski (52 yo)
0.083
Tenure
Mr. Zlatko Todorcevski, BCom (Accounting), MBA. FGPA, FGIA, serves as Chief Executive Officer, Managing Director and Director at Boral Limited since July 01, 2020. Mr. Todorcevski serves as Director of Col ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group President Ventures & CFO | no data | AU$1.44m | no data | |
| Executive Officer | 0.083yr | AU$3.84m | 0.11% A$ 4.8m | |
| Group President of HSE | 0.25yr | AU$1.02m | no data | |
| President & CEO of Boral Australia | 1.5yrs | AU$323.50k | no data | |
| CEO, MD & Director | 0.083yr | no data | 0.0041% A$ 185.5k | |
| Group Communications & Investor Relations Director | no data | no data | no data | |
| Group General Counsel | 7.08yrs | no data | no data | |
| Group Head of Strategy | 1.58yrs | no data | no data | |
| Group Human Resources Director | 6.75yrs | no data | no data | |
| Acting President & CEO of Boral North America | no data | AU$261.70k | no data | |
| Acting President of Roofing North America | 0.17yr | no data | no data | |
| Company Secretary | 7.17yrs | no data | no data |
1.5yrs
Average Tenure
52yo
Average Age
Experienced Management: BLD's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 0.083yr | no data | 0.0041% A$ 185.5k | |
| Independent Non-Executive Director | 1.92yrs | AU$147.40k | 0.0060% A$ 274.2k | |
| Independent Non-Executive Director | 11.92yrs | AU$197.20k | 0.014% A$ 639.8k | |
| Independent Non-Executive Director | 10.67yrs | AU$197.40k | 0.0032% A$ 146.0k | |
| Independent Non-Executive Director | 4.42yrs | AU$192.40k | 0.0037% A$ 169.2k | |
| Independent Non-Executive Chairman | 2.08yrs | AU$465.60k | 0.0088% A$ 398.3k | |
| Independent Non-Executive Director | 10.42yrs | AU$208.30k | 0.0039% A$ 175.5k |
4.4yrs
Average Tenure
63yo
Average Age
Experienced Board: BLD's board of directors are considered experienced (4.4 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 4.5%.
Top Shareholders
Company Information
Boral Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Boral Limited
- Ticker: BLD
- Exchange: ASX
- Founded: 1946
- Industry: Construction Materials
- Sector: Materials
- Market Cap: AU$4.547b
- Shares outstanding: 1.23b
- Website: https://www.boral.com.au
Number of Employees
Location
- Boral Limited
- 15 Blue Street
- Level 18
- North Sydney
- New South Wales
- 2060
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BOAL.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Feb 2000 |
| HQK | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Feb 2000 |
| BLD | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Feb 2000 |
| BLD | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Feb 2000 |
| BOAL.Y | OTCPK (Pink Sheets LLC) | SPONSORED ADR | US | USD | Aug 2000 |
Biography
Boral Limited manufactures and supplies building and construction materials in Australia, North America, Asia, and internationally. It offers asphalt, blocks, bricks, cement materials, concrete, pavers and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/09 10:34 |
| End of Day Share Price | 2020/08/07 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/06/30 |
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.