BWP Trust

ASX:BWP Stock Report

Market Cap: AU$2.4b

BWP Trust Valuation

Is BWP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BWP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BWP (A$3.42) is trading below our estimate of fair value (A$3.62)

Significantly Below Fair Value: BWP is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BWP?

Other financial metrics that can be useful for relative valuation.

BWP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue18.3x
Enterprise Value/EBITDAn/a
PEG Ratio-3.6x

Price to Earnings Ratio vs Peers

How does BWP's PE Ratio compare to its peers?

The above table shows the PE ratio for BWP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average77.3x
RGN Region Group
146.5x21.3%AU$2.5b
HDN HomeCo Daily Needs REIT
31.2x20.0%AU$2.6b
CQR Charter Hall Retail REIT
113.5x22.3%AU$2.0b
VCX Vicinity Centres
17.9x6.1%AU$9.8b
BWP BWP Trust
13.5x-3.8%AU$2.4b

Price-To-Earnings vs Peers: BWP is good value based on its Price-To-Earnings Ratio (13.5x) compared to the peer average (77.3x).

Price to Earnings Ratio vs Industry

How does BWP's PE Ratio compare vs other companies in the Global Retail REITs Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a16.9%
 n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a16.9%
 n/an/an/a
No more companies

Price-To-Earnings vs Industry: BWP is good value based on its Price-To-Earnings Ratio (13.5x) compared to the Global Retail REITs industry average (19.2x).

Price to Earnings Ratio vs Fair Ratio

What is BWP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BWP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.5x
Fair PE Ratio18.6x

Price-To-Earnings vs Fair Ratio: BWP is good value based on its Price-To-Earnings Ratio (13.5x) compared to the estimated Fair Price-To-Earnings Ratio (18.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BWP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$3.42
AU$3.76
+10.1%
7.1%AU$4.25AU$3.40n/a7
Oct ’25AU$3.73
AU$3.73
-0.04%
5.7%AU$4.01AU$3.40n/a7
Sep ’25AU$3.62
AU$3.65
+0.7%
4.3%AU$3.82AU$3.40n/a8
Aug ’25AU$3.56
AU$3.60
+1.1%
3.7%AU$3.80AU$3.40n/a8
Jul ’25AU$3.51
AU$3.60
+2.6%
3.7%AU$3.80AU$3.40n/a8
Jun ’25AU$3.73
AU$3.57
-4.2%
4.7%AU$3.80AU$3.30n/a8
May ’25AU$3.50
AU$3.54
+1.2%
4.4%AU$3.80AU$3.30n/a7
Apr ’25AU$3.61
AU$3.51
-2.7%
3.4%AU$3.64AU$3.30n/a7
Mar ’25AU$3.49
AU$3.51
+0.7%
3.4%AU$3.64AU$3.30n/a7
Feb ’25AU$3.35
AU$3.51
+4.7%
3.5%AU$3.64AU$3.30n/a6
Jan ’25AU$3.53
AU$3.50
-0.8%
3.3%AU$3.64AU$3.30n/a7
Dec ’24AU$3.45
AU$3.46
+0.1%
4.7%AU$3.64AU$3.14n/a8
Nov ’24AU$3.31
AU$3.46
+4.4%
4.7%AU$3.64AU$3.14AU$3.428
Oct ’24AU$3.35
AU$3.50
+4.4%
5.6%AU$3.80AU$3.14AU$3.738
Sep ’24AU$3.68
AU$3.50
-4.9%
5.6%AU$3.80AU$3.14AU$3.628
Aug ’24AU$3.67
AU$3.54
-3.6%
5.7%AU$3.75AU$3.14AU$3.568
Jul ’24AU$3.63
AU$3.58
-1.4%
6.2%AU$3.90AU$3.14AU$3.518
Jun ’24AU$3.73
AU$3.58
-4.0%
6.7%AU$3.90AU$3.14AU$3.737
May ’24AU$3.88
AU$3.66
-5.8%
4.7%AU$3.90AU$3.35AU$3.506
Apr ’24AU$3.78
AU$3.65
-3.5%
4.3%AU$3.90AU$3.35AU$3.617
Mar ’24AU$3.86
AU$3.64
-5.7%
4.1%AU$3.90AU$3.35AU$3.498
Feb ’24AU$3.94
AU$3.69
-6.4%
4.1%AU$4.00AU$3.45AU$3.358
Jan ’24AU$3.91
AU$3.70
-5.4%
4.6%AU$4.00AU$3.45AU$3.538
Dec ’23AU$4.14
AU$3.70
-10.7%
4.6%AU$4.00AU$3.45AU$3.458
Nov ’23AU$4.09
AU$3.72
-9.0%
5.9%AU$4.20AU$3.45AU$3.318

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y