ASX:BRI

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Big River Industries

Market Cap

AU$157.2m

Last Updated

2021/08/05 15:49 UTC

Data Sources

Company Financials +

Executive Summary

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. More Details


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.

Share Price & News

How has Big River Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BRI is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BRI's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-3.5%

BRI

-0.6%

AU Forestry

1.1%

AU Market


1 Year Return

31.8%

BRI

50.0%

AU Forestry

26.8%

AU Market

Return vs Industry: BRI underperformed the Australian Forestry industry which returned 50% over the past year.

Return vs Market: BRI exceeded the Australian Market which returned 26.8% over the past year.


Shareholder returns

BRIIndustryMarket
7 Day-3.5%-0.6%1.1%
30 Day-9.3%1.2%3.4%
90 Day8.3%18.9%5.7%
1 Year36.2%31.8%51.8%50.0%31.5%26.8%
3 Year22.7%12.4%-24.4%-28.2%35.1%18.7%
5 Yearn/a61.7%27.7%67.5%35.0%

Long-Term Price Volatility Vs. Market

How volatile is Big River Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Big River Industries undervalued compared to its fair value and its price relative to the market?

1.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: BRI (A$1.95) is trading above our estimate of fair value (A$1.63)

Significantly Below Fair Value: BRI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BRI is unprofitable, so we can't compare its PE Ratio to the Global Forestry industry average.

PE vs Market: BRI is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BRI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BRI is overvalued based on its PB Ratio (1.8x) compared to the XO Forestry industry average (0.7x).


Future Growth

How is Big River Industries forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

107.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BRI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: BRI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BRI's is expected to become profitable in the next 3 years.

Revenue vs Market: BRI's revenue (10% per year) is forecast to grow faster than the Australian market (5.1% per year).

High Growth Revenue: BRI's revenue (10% 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 (10.1%).


Past Performance

How has Big River Industries performed over the past 5 years?

14.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRI is currently unprofitable.

Growing Profit Margin: BRI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BRI is unprofitable, but has reduced losses over the past 5 years at a rate of 14.4% per year.

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

Earnings vs Industry: BRI is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (16.8%).


Return on Equity

High ROE: BRI has a negative Return on Equity (-5.17%), as it is currently unprofitable.


Financial Health

How is Big River Industries's financial position?


Financial Position Analysis

Short Term Liabilities: BRI's short term assets (A$83.0M) exceed its short term liabilities (A$44.8M).

Long Term Liabilities: BRI's short term assets (A$83.0M) exceed its long term liabilities (A$28.6M).


Debt to Equity History and Analysis

Debt Level: BRI's debt to equity ratio (17.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if BRI's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: BRI's debt is well covered by operating cash flow (125.6%).

Interest Coverage: BRI's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


Dividend

What is Big River Industries's current dividend yield, its reliability and sustainability?

2.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BRI's dividend (2.67%) is higher than the bottom 25% of dividend payers in the Australian market (1.96%).

High Dividend: BRI's dividend (2.67%) is low compared to the top 25% of dividend payers in the Australian market (4.96%).


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: BRI is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: BRI's dividends in 3 years are forecast to be covered by earnings (54.9% payout ratio).


Next Steps

Management

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

12.1yrs

Average management tenure


CEO

Jim Bindon

16.58yrs

Tenure

AU$463,583

Compensation

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 ($USD341.70K) is about average for companies of similar size in the Australian market ($USD271.53K).

Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: BRI's management team is seasoned and experienced (12.1 years average tenure).


Board Members

Experienced Board: BRI's board of directors are considered experienced (3.8 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 29.1%.


Top Shareholders

Company Information

Big River Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Big River Industries Limited
  • Ticker: BRI
  • Exchange: ASX
  • Founded: 2015
  • Industry: Forest Products
  • Sector: Materials
  • Market Cap: AU$157.219m
  • Shares outstanding: 80.63m
  • Website: https://bigriverindustries.com.au

Location

  • Big River Industries Limited
  • Trenayr Road
  • Junction Hill
  • New South Wales
  • 2460
  • Australia

Listings


Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/05 15:49
End of Day Share Price2021/08/05 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.