Bapcor Limited

ASX:BAP Stock Report

Market Cap: AU$1.6b

Bapcor Valuation

Is BAP 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: BAP (A$4.72) is trading below our estimate of fair value (A$9.65)

Significantly Below Fair Value: BAP is trading below fair value by more than 20%.

Key Valuation Metric

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

Key metric: As BAP is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for BAP. This is calculated by dividing BAP's market cap by their current revenue.
What is BAP's PS Ratio?
PS Ratio0.8x
SalesAU$2.04b
Market CapAU$1.60b

Price to Sales Ratio vs Peers

How does BAP's PS Ratio compare to its peers?

The above table shows the PS ratio for BAP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.2x
SNL Supply Network
4.7x12.9%AU$1.4b
NTD NTAW Holdings
0.08xn/aAU$43.6m
TPW Temple & Webster Group
3.1x15.8%AU$1.6b
JAT Jatcorp
0.8xn/aAU$41.6m
BAP Bapcor
0.8x3.6%AU$1.6b

Price-To-Sales vs Peers: BAP is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (2.2x).

Price to Sales Ratio vs Industry

How does BAP's PS Ratio compare vs other companies in the Global Retail Distributors Industry?

79 CompaniesPrice / SalesEstimated GrowthMarket Cap
BAP 0.8xIndustry Avg. 0.7xNo. of Companies79PS01.22.43.64.86+
79 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: BAP is expensive based on its Price-To-Sales Ratio (0.8x) compared to the Global Retail Distributors industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

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

BAP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.8x
Fair PS Ratio1x

Price-To-Sales vs Fair Ratio: BAP is good value based on its Price-To-Sales Ratio (0.8x) compared to the estimated Fair Price-To-Sales Ratio (1x).

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 BAP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentAU$4.72
AU$5.42
+14.9%
12.7%AU$7.30AU$4.80n/a9
Dec ’25AU$4.51
AU$5.37
+19.0%
12.6%AU$7.30AU$4.80n/a10
Nov ’25AU$4.51
AU$5.37
+19.0%
12.6%AU$7.30AU$4.80n/a10
Oct ’25AU$5.40
AU$5.43
+0.5%
13.0%AU$7.30AU$4.80n/a9
Sep ’25AU$4.89
AU$5.43
+10.9%
13.0%AU$7.30AU$4.80n/a9
Aug ’25AU$5.18
AU$5.27
+1.7%
15.3%AU$7.30AU$4.26n/a9
Jul ’25AU$5.06
AU$5.27
+4.2%
16.2%AU$7.30AU$4.26n/a8
Jun ’25AU$4.25
AU$5.00
+17.5%
16.3%AU$7.30AU$4.00n/a11
May ’25AU$5.78
AU$6.46
+11.8%
14.2%AU$8.00AU$4.65n/a11
Apr ’25AU$6.31
AU$6.60
+4.5%
11.1%AU$8.00AU$5.60n/a11
Mar ’25AU$5.84
AU$6.53
+11.8%
12.8%AU$8.00AU$5.00n/a11
Feb ’25AU$5.71
AU$6.60
+15.5%
11.8%AU$8.00AU$5.20n/a10
Jan ’25AU$5.54
AU$6.96
+25.6%
11.0%AU$8.00AU$5.30n/a9
Dec ’24AU$5.34
AU$6.96
+30.3%
11.0%AU$8.00AU$5.30AU$4.519
Nov ’24AU$5.46
AU$6.96
+27.4%
11.0%AU$8.00AU$5.30AU$4.519
Oct ’24AU$6.80
AU$7.55
+11.1%
8.6%AU$8.45AU$6.20AU$5.409
Sep ’24AU$6.65
AU$7.55
+13.6%
8.6%AU$8.45AU$6.20AU$4.899
Aug ’24AU$6.24
AU$7.40
+18.6%
11.7%AU$8.50AU$5.90AU$5.1810
Jul ’24AU$5.94
AU$7.42
+25.0%
11.7%AU$8.50AU$5.90AU$5.0610
Jun ’24AU$6.11
AU$7.75
+26.8%
12.0%AU$9.18AU$5.90AU$4.2510
May ’24AU$6.64
AU$7.75
+16.7%
12.0%AU$9.18AU$5.90AU$5.7810
Apr ’24AU$6.38
AU$7.75
+21.4%
12.0%AU$9.18AU$5.90AU$6.3110
Mar ’24AU$6.65
AU$7.69
+15.6%
11.8%AU$9.18AU$5.90AU$5.8411
Feb ’24AU$6.42
AU$7.79
+21.4%
11.9%AU$9.70AU$6.00AU$5.7111
Jan ’24AU$6.46
AU$7.88
+22.0%
10.0%AU$9.70AU$6.80AU$5.5411
Dec ’23AU$6.97
AU$7.88
+13.1%
10.0%AU$9.70AU$6.80AU$5.3411

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 06:43
End of Day Share Price 2024/12/31 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Bapcor Limited is covered by 18 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Andrew HodgeCanaccord Genuity
Sam TeegerCitigroup Inc