Big River Industries Limited, together with its subsidiaries, engages in the manufacture, distribution, and retail of timber products and building supplies in Australia and New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.04|
|52 Week High||AU$1.24|
|52 Week Low||AU$2.30|
|1 Month Change||-2.39%|
|3 Month Change||-7.27%|
|1 Year Change||37.84%|
|3 Year Change||4.08%|
|5 Year Change||n/a|
|Change since IPO||35.10%|
Recent News & Updates
|BRI||AU Forestry||AU Market|
Return vs Industry: BRI underperformed the Australian Forestry industry which returned 43.6% over the past year.
Return vs Market: BRI exceeded the Australian Market which returned 25.4% over the past year.
Stable Share Price: BRI is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BRI's weekly volatility (6%) has been stable over the past year.
About the Company
Big River Industries Limited, together with its subsidiaries, engages in the manufacture, distribution, and retail of timber products and building supplies in Australia and New Zealand. The company offers building products, such as pine framing, fiber cement, hardwood for structural and decorative purposes, plywood, sheet materials, particle board flooring, landscaping and fencing supplies, doors, door furniture, and external timber cladding products; LVL, I-beams, and laminated beams; timber flooring, and decking products; and formwork, insulation, and other products. It also provides formwork products, such as armourform formply, LVL formwork, armourdeck steel decking, steel reinforcing, and PVC wall system, as well as formwork accessories; bridge products, including engineered plywood bridge decking, girder beams, and structural kerbing.
Big River Industries Fundamentals Summary
|BRI fundamental statistics|
Is BRI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BRI income statement (TTM)|
|Cost of Revenue||AU$199.25m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.026|
|Net Profit Margin||0.64%|
How did BRI perform over the long term?See historical performance and comparison
2.9%Current Dividend Yield
Is Big River Industries 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: BRI (A$2.04) is trading above our estimate of fair value (A$1.59)
Significantly Below Fair Value: BRI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BRI is poor value based on its PE Ratio (90.6x) compared to the Global Forestry industry average (13.8x).
PE vs Market: BRI is poor value based on its PE Ratio (90.6x) compared to the Australian market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: BRI is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: BRI is overvalued based on its PB Ratio (1.7x) compared to the XO Forestry industry average (0.7x).
How is Big River Industries forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BRI's forecast earnings growth (35.4% per year) is above the savings rate (1.9%).
Earnings vs Market: BRI's earnings (35.4% per year) are forecast to grow faster than the Australian market (11.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BRI's revenue (7.9% per year) is forecast to grow faster than the Australian market (5.3% per year).
High Growth Revenue: BRI's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BRI's Return on Equity is forecast to be low in 3 years time (10.6%).
How has Big River Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRI has a large one-off loss of A$10.0M impacting its June 30 2021 financial results.
Growing Profit Margin: BRI's current net profit margins (0.6%) are lower than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: BRI's earnings have grown by 4.9% per year over the past 5 years.
Accelerating Growth: BRI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BRI had negative earnings growth (-59.1%) over the past year, making it difficult to compare to the Forestry industry average (42%).
Return on Equity
High ROE: BRI's Return on Equity (1.9%) is considered low.
How is Big River Industries's financial position?
Financial Position Analysis
Short Term Liabilities: BRI's short term assets (A$117.5M) exceed its short term liabilities (A$64.3M).
Long Term Liabilities: BRI's short term assets (A$117.5M) exceed its long term liabilities (A$50.8M).
Debt to Equity History and Analysis
Debt Level: BRI's debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: BRI's debt to equity ratio has reduced from 38.9% to 28.9% over the past 5 years.
Debt Coverage: BRI's debt is well covered by operating cash flow (51.6%).
Interest Coverage: BRI's interest payments on its debt are well covered by EBIT (6.4x coverage).
What is Big River Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BRI's dividend (2.94%) is higher than the bottom 25% of dividend payers in the Australian market (2.34%).
High Dividend: BRI's dividend (2.94%) is low compared to the top 25% of dividend payers in the Australian market (5.42%).
Stability and Growth of Payments
Stable Dividend: BRI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BRI's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (216.9%), BRI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BRI's dividends in 3 years are forecast to be well covered by earnings (49.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. James Bernard Bindon, also known as Jim, has been the Chief Executive Officer and Managing Director of Big River Industries Limited since 2005. Mr. Bindon served as the Chief Financial Officer and Comp...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD692.82K) is above average for companies of similar size in the Australian market ($USD281.32K).
Compensation vs Earnings: Jim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: BRI's management team is seasoned and experienced (12.2 years average tenure).
Experienced Board: BRI's board of directors are considered experienced (3.9 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 29.1%.
Big River Industries Limited's employee growth, exchange listings and data sources
- Name: Big River Industries Limited
- Ticker: BRI
- Exchange: ASX
- Founded: 2015
- Industry: Forest Products
- Sector: Materials
- Market Cap: AU$164.475m
- Shares outstanding: 80.63m
- Website: https://bigriverindustries.com.au
- Big River Industries Limited
- Trenayr Road
- Junction Hill
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 16:01|
|End of Day Share Price||2021/09/23 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.