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BLY

Boart Longyear GroupASX:BLY Stock Report

Market Cap

AU$849.3m

7D

-8.3%

1Y

-62.2%

Updated

27 Nov, 2021

Data

Company Financials
BLY fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

BLY Stock Overview

Boart Longyear Group Ltd provides drilling services, drilling equipment, and performance tooling for mining and mineral drilling companies in North America, the Asia Pacific, Latin America, Europe, the Middle East, and Africa.

Boart Longyear Group Competitors

Imdex

ASX:IMD

AU$1.1b

Perenti Global

ASX:PRN

AU$599.9m

Macmahon Holdings

ASX:MAH

AU$388.5m

GR Engineering Services

ASX:GNG

AU$324.1m

Price History & Performance

Summary of all time highs, changes and price drops for Boart Longyear Group
Historical stock prices
Current Share PriceAU$2.87
52 Week HighAU$23.90
52 Week LowAU$2.87
Beta1.58
1 Month Change-7.42%
3 Month Change-51.36%
1 Year Change-62.24%
3 Year Change-84.06%
5 Year Change-99.60%
Change since IPO-100.00%

Recent News & Updates

Sep 08
Boart Longyear's (ASX:BLY) Returns On Capital Are Heading Higher

Boart Longyear's (ASX:BLY) Returns On Capital Are Heading Higher

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...

May 19
Here's Why Shareholders May Want To Be Cautious With Increasing Boart Longyear Limited's (ASX:BLY) CEO Pay Packet

Here's Why Shareholders May Want To Be Cautious With Increasing Boart Longyear Limited's (ASX:BLY) CEO Pay Packet

In the past three years, the share price of Boart Longyear Limited ( ASX:BLY ) has struggled to grow and now...

Mar 22
Returns At Boart Longyear (ASX:BLY) Are On The Way Up

Returns At Boart Longyear (ASX:BLY) Are On The Way Up

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

BLYAU Metals and MiningAU Market
7D-8.3%2.0%-1.6%
1Y-62.2%8.9%11.7%

Return vs Industry: BLY underperformed the Australian Metals and Mining industry which returned 8.9% over the past year.

Return vs Market: BLY underperformed the Australian Market which returned 11.7% over the past year.

Price Volatility

Is BLY's price volatile compared to industry and market?
BLY volatility
BLY Average Weekly Movement11.2%
Metals and Mining Industry Average Movement10.4%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.8%
10% least volatile stocks in AU Market3.7%

Stable Share Price: BLY is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: BLY's weekly volatility has decreased from 18% to 11% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1890n/aJeff Olsenhttps://www.boartlongyear.com

Boart Longyear Group Ltd provides drilling services, drilling equipment, and performance tooling for mining and mineral drilling companies in North America, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company operates through two segments, Global Drilling Services and Global Products. It offers diamond coring exploration, reverse circulation, large diameter rotary, mine dewatering, water supply drilling, pump services, production, and sonic drilling services.

Boart Longyear Group Fundamentals Summary

How do Boart Longyear Group's earnings and revenue compare to its market cap?
BLY fundamental statistics
Market CapUS$604.52m
Earnings (TTM)-US$75.45m
Revenue (TTM)US$795.10m

0.8x

P/S Ratio

-8.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BLY income statement (TTM)
RevenueUS$795.10m
Cost of RevenueUS$647.93m
Gross ProfitUS$147.17m
ExpensesUS$222.63m
Earnings-US$75.45m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.25
Gross Margin18.51%
Net Profit Margin-9.49%
Debt/Equity Ratio-181.5%

How did BLY perform over the long term?

See historical performance and comparison

Valuation

Is Boart Longyear Group undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Boart Longyear Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Boart Longyear Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Boart Longyear Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.1%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Boart Longyear Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Boart Longyear Group performed over the past 5 years?

24.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLY is currently unprofitable.

Growing Profit Margin: BLY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BLY is unprofitable, but has reduced losses over the past 5 years at a rate of 24% per year.

Accelerating Growth: Unable to compare BLY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BLY is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: BLY's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Boart Longyear Group's financial position?


Financial Position Analysis

Short Term Liabilities: BLY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: BLY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: BLY has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: BLY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable BLY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BLY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.4% per year.


Dividend

What is Boart Longyear Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BLY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BLY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BLY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BLY's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BLY is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BLY'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?

5.2yrs

Average management tenure


CEO

Jeff Olsen

5.67yrs

Tenure

US$964,515

Compensation

Mr. Jeffrey R. Olsen, also known as Jeff, has been the Chief Executive Officer and President of Boart Longyear Group Ltd. (formerly known as Boart Longyear Limited) since March 1, 2016. Mr. Olsen served as...


CEO Compensation Analysis

Compensation vs Market: Jeff's total compensation ($USD964.52K) is about average for companies of similar size in the Australian market ($USD975.56K).

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


Leadership Team

Experienced Management: BLY's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: BLY's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 6586.6%.


Top Shareholders

Company Information

Boart Longyear Group Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Boart Longyear Group Ltd.
  • Ticker: BLY
  • Exchange: ASX
  • Founded: 1890
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$849.292m
  • Shares outstanding: 295.92m
  • Website: https://www.boartlongyear.com

Number of Employees


Location

  • Boart Longyear Group Ltd.
  • 2455 South 3600 West
  • West Valley City
  • Utah
  • 84119
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 07:00
End of Day Share Price2021/11/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.