Bapcor Limited sells and distributes automotive aftermarket parts, accessories, equipment, and services and solutions in Australia, New Zealand, and Thailand.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$7.98|
|52 Week High||AU$6.69|
|52 Week Low||AU$8.60|
|1 Month Change||5.14%|
|3 Month Change||-2.33%|
|1 Year Change||-0.13%|
|3 Year Change||16.84%|
|5 Year Change||59.28%|
|Change since IPO||289.27%|
Recent News & Updates
It's Unlikely That Bapcor Limited's (ASX:BAP) CEO Will See A Huge Pay Rise This Year
CEO Darryl Abotomey has done a decent job of delivering relatively good performance at Bapcor Limited ( ASX:BAP...
We Think Bapcor (ASX:BAP) Can Stay On Top Of Its Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Calculating The Fair Value Of Bapcor Limited (ASX:BAP)
Today we will run through one way of estimating the intrinsic value of Bapcor Limited ( ASX:BAP ) by estimating the...
Here's Why I Think Bapcor (ASX:BAP) Might Deserve Your Attention Today
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
|BAP||AU Retail Distributors||AU Market|
Return vs Industry: BAP underperformed the Australian Retail Distributors industry which returned 6.4% over the past year.
Return vs Market: BAP underperformed the Australian Market which returned 24.3% over the past year.
Stable Share Price: BAP is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BAP's weekly volatility (4%) has been stable over the past year.
About the Company
Bapcor Limited sells and distributes automotive aftermarket parts, accessories, equipment, and services and solutions in Australia, New Zealand, and Thailand. The company operates through four segments: Bapcor Trade, Bapcor Specialist Wholesale, Bapcor Retail, and Bapcor NZ. The Bapcor Trade segment offers automotive aftermarket parts and consumables to trade workshops for the service and repair of passenger and commercial vehicles; automotive workshop equipment, such as vehicle hoists and scanning equipment, including the servicing of the equipment; and automotive accessories and maintenance products to do-it-yourself vehicle owners.
Bapcor Fundamentals Summary
|BAP fundamental statistics|
Is BAP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BAP income statement (TTM)|
|Cost of Revenue||AU$949.28m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.35|
|Net Profit Margin||6.74%|
How did BAP perform over the long term?See historical performance and comparison
2.5%Current Dividend Yield
Is Bapcor undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BAP (A$7.98) is trading below our estimate of fair value (A$9.8)
Significantly Below Fair Value: BAP is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BAP is poor value based on its PE Ratio (22.8x) compared to the Australian Retail Distributors industry average (10.6x).
PE vs Market: BAP is poor value based on its PE Ratio (22.8x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: BAP is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: BAP's PB Ratio (2.6x) is in line with the AU Retail Distributors industry average.
How is Bapcor forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BAP's forecast earnings growth (8.8% per year) is above the savings rate (1.9%).
Earnings vs Market: BAP's earnings (8.8% per year) are forecast to grow slower than the Australian market (11.8% per year).
High Growth Earnings: BAP's earnings are forecast to grow, but not significantly.
Revenue vs Market: BAP's revenue (5.2% per year) is forecast to grow slower than the Australian market (5.4% per year).
High Growth Revenue: BAP's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BAP's Return on Equity is forecast to be low in 3 years time (12.9%).
How has Bapcor performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BAP has high quality earnings.
Growing Profit Margin: BAP's current net profit margins (6.7%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: BAP's earnings have grown by 15.7% per year over the past 5 years.
Accelerating Growth: BAP's earnings growth over the past year (50%) exceeds its 5-year average (15.7% per year).
Earnings vs Industry: BAP earnings growth over the past year (50%) exceeded the Retail Distributors industry 28.8%.
Return on Equity
High ROE: BAP's Return on Equity (11.4%) is considered low.
How is Bapcor's financial position?
Financial Position Analysis
Short Term Liabilities: BAP's short term assets (A$682.8M) exceed its short term liabilities (A$363.7M).
Long Term Liabilities: BAP's short term assets (A$682.8M) exceed its long term liabilities (A$382.3M).
Debt to Equity History and Analysis
Debt Level: BAP's debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: BAP's debt to equity ratio has reduced from 40.2% to 19.6% over the past 5 years.
Debt Coverage: BAP's debt is well covered by operating cash flow (66.5%).
Interest Coverage: BAP's interest payments on its debt are well covered by EBIT (13.1x coverage).
What is Bapcor current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BAP's dividend (2.51%) is higher than the bottom 25% of dividend payers in the Australian market (2.21%).
High Dividend: BAP's dividend (2.51%) is low compared to the top 25% of dividend payers in the Australian market (5.33%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, BAP has been paying a dividend for less than 10 years.
Growing Dividend: BAP's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57.2%), BAP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BAP's dividends in 3 years are forecast to be covered by earnings (54.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Darryl Abotomey (65 yo)
Mr. Darryl Gregor Abotomey, BCom, FCPA, MAICD, serves as Non-Executive Non Independent Director at Tye Soon Limited since April 26, 2021. He has been the Chief Executive Officer and Managing Director of Ba...
CEO Compensation Analysis
Compensation vs Market: Darryl's total compensation ($USD2.86M) is above average for companies of similar size in the Australian market ($USD1.38M).
Compensation vs Earnings: Darryl's compensation has increased by more than 20% in the past year.
Experienced Management: BAP's management team is considered experienced (2.6 years average tenure).
Experienced Board: BAP's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BAP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bapcor Limited's employee growth, exchange listings and data sources
- Name: Bapcor Limited
- Ticker: BAP
- Exchange: ASX
- Founded: 1971
- Industry: Distributors
- Sector: Retail
- Market Cap: AU$2.746b
- Shares outstanding: 339.41m
- Website: https://www.bapcor.com.au
Number of Employees
- Bapcor Limited
- 61 Gower Street
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/27 07:02|
|End of Day Share Price||2021/10/27 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.