BlueScope Steel Future Growth

Future criteria checks 1/6

BlueScope Steel is forecast to grow earnings and revenue by 8.1% and 1.3% per annum respectively. EPS is expected to grow by 9.2% per annum. Return on equity is forecast to be 7.6% in 3 years.

Key information

8.1%

Earnings growth rate

9.2%

EPS growth rate

Metals and Mining earnings growth	10.5%
Revenue growth rate	1.3%
Future return on equity	7.6%
Analyst coverage	Good
Last updated	17 Dec 2024

Recent future growth updates

BlueScope Steel Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Aug 20

Recent updates

Is BlueScope Steel (ASX:BSL) Using Too Much Debt?

Dec 11

Why Investors Shouldn't Be Surprised By BlueScope Steel Limited's (ASX:BSL) Low P/E

Sep 26

BlueScope Steel (ASX:BSL) Is Increasing Its Dividend To A$0.30

Aug 21

BlueScope Steel Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Aug 20

BlueScope Steel Limited's (ASX:BSL) Intrinsic Value Is Potentially 72% Above Its Share Price

May 21

Improved Earnings Required Before BlueScope Steel Limited (ASX:BSL) Shares Find Their Feet

Apr 26

These 4 Measures Indicate That BlueScope Steel (ASX:BSL) Is Using Debt Reasonably Well

Mar 14

BlueScope Steel (ASX:BSL) Has Announced A Dividend Of A$0.25

Feb 21

Is There An Opportunity With BlueScope Steel Limited's (ASX:BSL) 30% Undervaluation?

Feb 05

Earnings and Revenue Growth Forecasts

ASX:BSL - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	17,153	817	890	1,673	10
6/30/2026	16,689	692	131	1,328	11
6/30/2025	15,722	408	95	1,433	11
6/30/2024	17,055	805	434	1,410	N/A
3/31/2024	17,249	825	639	1,588	N/A
12/31/2023	17,479	844	845	1,766	N/A
9/30/2023	17,861	924	1,094	1,959	N/A
6/30/2023	18,207	1,003	1,342	2,151	N/A
3/31/2023	18,579	1,383	1,557	2,328	N/A
12/31/2022	18,951	1,762	1,772	2,505	N/A
9/30/2022	18,991	2,285	1,740	2,488	N/A
6/30/2022	19,030	2,807	1,708	2,472	N/A
3/31/2022	17,768	2,654	1,514	2,319	N/A
12/31/2021	16,507	2,501	1,320	2,165	N/A
9/30/2021	14,705	1,842	1,109	1,912	N/A
6/30/2021	12,902	1,183	898	1,658	N/A
3/31/2021	12,088	708	720	1,403	N/A
12/31/2020	11,273	233	543	1,148	N/A
9/30/2020	11,299	167	391	983	N/A
6/30/2020	11,324	101	238	818	N/A
12/31/2019	12,042	584	772	1,265	N/A
9/30/2019	12,308	802	1,038	1,474	N/A
6/30/2019	12,573	1,021	1,304	1,682	N/A
12/31/2018	12,478	1,767	1,077	1,436	N/A
9/30/2018	12,002	1,681	904	1,288	N/A
6/30/2018	11,526	1,595	731	1,141	N/A
3/31/2018	11,213	1,207	N/A	N/A	N/A
12/31/2017	10,900	818	N/A	1,029	N/A
9/30/2017	10,726	761	N/A	1,081	N/A
6/30/2017	10,552	704	N/A	1,132	N/A
12/31/2016	9,763	698	N/A	1,248	N/A
9/30/2016	9,426	627	N/A	1,100	N/A
6/30/2016	9,088	556	N/A	952	N/A
3/31/2016	8,921	296	N/A	N/A	N/A
12/31/2015	8,639	238	N/A	554	N/A
9/30/2015	8,590	186	N/A	546	N/A
6/30/2015	8,540	134	N/A	539	N/A
3/31/2015	8,402	92	N/A	N/A	N/A
12/31/2014	8,264	50	N/A	429	N/A
9/30/2014	8,094	3	N/A	418	N/A
6/30/2014	7,923	-43	N/A	407	N/A
3/31/2014	7,755	-62	N/A	N/A	N/A
12/31/2013	7,586	-81	N/A	244	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BSL's forecast earnings growth (8.1% per year) is above the savings rate (2.6%).

Earnings vs Market: BSL's earnings (8.1% per year) are forecast to grow slower than the Australian market (12.6% per year).

High Growth Earnings: BSL's earnings are forecast to grow, but not significantly.

Revenue vs Market: BSL's revenue (1.3% per year) is forecast to grow slower than the Australian market (5.8% per year).

High Growth Revenue: BSL's revenue (1.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BSL's Return on Equity is forecast to be low in 3 years time (7.6%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 23:54
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

BlueScope Steel Limited is covered by 29 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Russell Wright	Barclay Pearce Capital Pty Limited
Megan Kirby-Lewis	Barrenjoey Markets Pty Limited
April Lowis	Barrenjoey Markets Pty Limited

BlueScope Steel Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 19%

BlueScope Steel Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Consensus EPS estimates fall by 11%

Consensus EPS estimates increase by 11%

Price target increased to AU$26.28

Analysts increase EPS estimates to AU$1.65

Recent updates

Is BlueScope Steel (ASX:BSL) Using Too Much Debt?

Consensus EPS estimates fall by 19%

Why Investors Shouldn't Be Surprised By BlueScope Steel Limited's (ASX:BSL) Low P/E

Upcoming dividend of AU$0.30 per share

MD, CEO & Executive Director recently sold AU$2.4m worth of stock

BlueScope Steel (ASX:BSL) Is Increasing Its Dividend To A$0.30

BlueScope Steel Limited Announces Fully Franked Final Dividend for the Six Months Ended June 30, 2024, Payable on October 15, 2024

Final dividend of AU$0.30 announced

BlueScope Steel Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Full year 2024 earnings: EPS and revenues miss analyst expectations

New major risk - Revenue and earnings growth

BlueScope Steel Limited to Report Fiscal Year 2025 Results on Aug 18, 2025

BlueScope Steel Limited to Report First Half, 2025 Results on Feb 17, 2025

Now 21% undervalued after recent price drop

BlueScope Steel Limited's (ASX:BSL) Intrinsic Value Is Potentially 72% Above Its Share Price

Improved Earnings Required Before BlueScope Steel Limited (ASX:BSL) Shares Find Their Feet

These 4 Measures Indicate That BlueScope Steel (ASX:BSL) Is Using Debt Reasonably Well

BlueScope Steel (ASX:BSL) Has Announced A Dividend Of A$0.25

First half dividend of AU$0.25 announced

First half 2024 earnings: EPS in line with expectations, revenues disappoint

Is There An Opportunity With BlueScope Steel Limited's (ASX:BSL) 30% Undervaluation?

High number of new directors

Bluescope Steel Limited Appoints Alistair Field as Director

Consensus EPS estimates fall by 11%

New minor risk - Shareholder dilution

MD, CEO & Executive Director exercised options and sold AU$3.1m worth of stock

Upcoming dividend of AU$0.25 per share at 2.3% yield

Full year 2023 earnings: EPS misses analyst expectations

Bluescope Steel Limited Announces Dividend, Payable on October 17, 2023

Now 20% undervalued

BlueScope Steel Limited Appoints Mr. Alistair Field as Non-Executive Director, Effect from 15 January 2024

BlueScope Steel Limited, Annual General Meeting, Nov 19, 2024

Consensus EPS estimates increase by 11%

Now 21% undervalued

Independent Non-Executive Director recently bought AU$293k worth of stock

First half 2023 earnings: EPS and revenues exceed analyst expectations

BlueScope Steel Limited Announces Fully Franked Interim Dividend for the Six Months Ended December 31, 2022, Payable on March 28, 2023

Now 23% undervalued

Now 20% undervalued

BlueScope Steel Limited Announces CFO Changes

High number of new directors

High number of new directors

High number of new directors

MD, CEO & Executive Director recently sold AU$2.6m worth of stock

Upcoming dividend of AU$0.25 per share

Full year 2022 earnings: Revenues exceed analyst expectations

BlueScope Steel Limited Announces Unfranked Dividend for the Six Months Ended June 30, 2022, Payable on October 12, 2022

BlueScope Steel Limited to Report Fiscal Year 2023 Results on Aug 21, 2023

BlueScope Steel Limited (ASX:BSL) completed the acquisition of Coil Coatings Business of Cornerstone Building Brands, Inc. (NYSE:CNR).

BlueScope Steel Limited Announces Resignation of Mark Hutchinson from the Company's Board

BlueScope Steel Limited (ASX:BSL) entered into a binding agreement to acquire Coil Coatings Business of Cornerstone Building Brands, Inc. (NYSE:CNR) for $500 million.

First half 2022 earnings: EPS exceeds analyst expectations

BlueScope Steel Limited Announces Unfranked Interim Dividend for the Six Months Ended December 31, 2021, Payable on March 29, 2022

MD, CEO & Executive Director exercised options and sold AU$2.3m worth of stock

Upcoming dividend of AU$0.44 per share

BlueScope Steel Limited (ASX:BSL) announces an Equity Buyback for AUD 500 million worth of its shares.

Price target increased to AU$26.28

New 90-day high: AU$18.93

First half 2021 earnings released: EPS AU$0.64 (vs AU$0.38 in 1H 2020)

Revenue beats expectations

BlueScope Steel Limited Appoints Gretta Stephens as Chief Executive Climate Change

Analysts increase EPS estimates to AU$1.65

BlueScope Steel Limited Revised Earnings Guidance for the First Half of 2021

New 90-day high: AU$18.64

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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