Bapcor Limited sells and distributes automotive aftermarket parts, accessories, equipment, and services in Australia, New Zealand, and Thailand. More Details
Excellent balance sheet second-rate dividend payer.
Share Price & News
How has Bapcor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BAP has not had significant price volatility in the past 3 months.
7 Day Return
AU Retail Distributors
1 Year Return
AU Retail Distributors
Return vs Industry: BAP matched the Australian Retail Distributors industry which returned -2.7% over the past year.
Return vs Market: BAP exceeded the Australian Market which returned -10.9% over the past year.
Price Volatility Vs. Market
How volatile is Bapcor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThe Independent Non-Executive Director of Bapcor Limited (ASX:BAP), James Scott Todd, Just Bought A Few More Shares
1 week ago | Simply Wall StBapcor Limited's (ASX:BAP) Intrinsic Value Is Potentially 33% Above Its Share Price
2 weeks ago | Simply Wall StReturns On Capital At Bapcor (ASX:BAP) Paint An Interesting Picture
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$6.93) is trading below our estimate of fair value (A$9.22)
Significantly Below Fair Value: BAP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BAP is poor value based on its PE Ratio (25.7x) compared to the XX Retail Distributors industry average (17.7x).
PE vs Market: BAP is poor value based on its PE Ratio (25.7x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: BAP is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: BAP's PB Ratio (2.4x) 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 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BAP's forecast earnings growth (13.8% per year) is above the savings rate (2.3%).
Earnings vs Market: BAP's earnings (13.8% per year) are forecast to grow slower than the Australian market (17.3% per year).
High Growth Earnings: BAP's earnings are forecast to grow, but not significantly.
Revenue vs Market: BAP's revenue (6.3% per year) is forecast to grow faster than the Australian market (4.5% per year).
High Growth Revenue: BAP's revenue (6.3% 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 (11.5%).
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 (5.4%) are lower than last year (7.5%).
Past Earnings Growth Analysis
Earnings Trend: BAP's earnings have grown significantly by 24.1% per year over the past 5 years.
Accelerating Growth: BAP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BAP had negative earnings growth (-18.4%) over the past year, making it difficult to compare to the Retail Distributors industry average (-0.5%).
Return on Equity
High ROE: BAP's Return on Equity (8%) is considered low.
How is Bapcor's financial position?
Financial Position Analysis
Short Term Liabilities: BAP's short term assets (A$653.8M) exceed its short term liabilities (A$329.4M).
Long Term Liabilities: BAP's short term assets (A$653.8M) exceed its long term liabilities (A$368.5M).
Debt to Equity History and Analysis
Debt Level: BAP's debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: BAP's debt to equity ratio has increased from 1.1% to 23.3% over the past 5 years.
Debt Coverage: BAP's debt is well covered by operating cash flow (87.4%).
Interest Coverage: BAP's interest payments on its debt are well covered by EBIT (7x coverage).
What is Bapcor current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BAP's dividend (2.53%) is higher than the bottom 25% of dividend payers in the Australian market (2.34%).
High Dividend: BAP's dividend (2.53%) is low compared to the top 25% of dividend payers in the Australian market (5.7%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, BAP has been paying a dividend for less than 10 years.
Growing Dividend: BAP's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.9%), BAP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BAP's dividends in 3 years are forecast to be covered by earnings (54.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Darryl Abotomey (64 yo)
Mr. Darryl G. Abotomey, BCom, FCPA, MAICD, has been the Chief Executive Officer and Managing Director of Bapcor Limited since October 2011. Mr. Abotomey has been the Chief Executive Officer and Managing Di ...
CEO Compensation Analysis
Compensation vs Market: Darryl's total compensation ($USD2.03M) is above average for companies of similar size in the Australian market ($USD1.42M).
Compensation vs Earnings: Darryl's compensation has been consistent with company performance over the past year.
|MD, CEO & Director||9yrs||AU$2.83m||0.42% |
|Chief Operating Officer||1.25yrs||AU$651.75k||no data|
|Executive General Manager of Human Resources||3.42yrs||AU$669.85k||no data|
|Executive General Manager of Trade||1.75yrs||AU$1.09m||0.13% |
|Executive General Manager of Specialist Wholesale Group – Mechanical||no data||AU$870.23k||0.0081% |
|Executive General Manager - Bapcor New Zealand||2yrs||AU$729.61k||no data|
|Executive General Manager of Retail||1.5yrs||AU$720.57k||no data|
|Executive General Manager of Specialist Wholesale Group - Engine Management||1.67yrs||AU$690.33k||no data|
|CFO & Company Secretary||0.25yr||no data||no data|
|Executive General Manager of Strategic Development & Investor Relations||0.25yr||no data||no data|
Experienced Management: BAP's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
|MD, CEO & Director||9yrs||AU$2.83m||0.42% |
|Independent Non-Executive Director||0.083yr||no data||no data|
|Independent Non-Executive Director||0.083yr||no data||0.0029% |
|Independent Non-Executive Chairman||2.5yrs||AU$270.02k||0.025% |
|Independent Non–Executive Director||2.08yrs||AU$137.04k||0.0069% |
|Independent Non-Executive Director||4.42yrs||AU$127.47k||0.012% |
|Independent Non-Executive Director||6.58yrs||AU$137.04k||0.012% |
Experienced Board: BAP's board of directors are not considered experienced ( 2.5 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 been diluted in the past year, with total shares outstanding growing by 19.3%.
Bapcor Limited's company bio, employee growth, exchange listings and data sources
- Name: Bapcor Limited
- Ticker: BAP
- Exchange: ASX
- Founded: 1971
- Industry: Distributors
- Sector: Retail
- Market Cap: AU$2.305b
- Shares outstanding: 339.41m
- Website: https://www.bapcor.com.au
Number of Employees
- Bapcor Limited
- 61 Gower Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BAP||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Apr 2014|
|BAP||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Apr 2014|
|0BS||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Apr 2014|
Bapcor Limited sells and distributes automotive aftermarket parts, accessories, equipment, and services in Australia, New Zealand, and Thailand. The company operates in four segments: Trade, Bapcor NZ, Spe ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/01 10:41|
|End of Day Share Price||2020/10/01 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.