Executive Summary
Baby Bunting Group Limited operates as specialty retailer of baby goods in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with excellent balance sheet.
Similar Companies
Share Price & News
How has Baby Bunting Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BBN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BBN's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-6.2%
BBN
-0.05%
AU Specialty Retail
0.3%
AU Market
1 Year Return
76.3%
BBN
44.1%
AU Specialty Retail
12.5%
AU Market
Return vs Industry: BBN exceeded the Australian Specialty Retail industry which returned 44.1% over the past year.
Return vs Market: BBN exceeded the Australian Market which returned 12.5% over the past year.
Shareholder returns
| BBN | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.2% | -0.05% | 0.3% |
| 30 Day | -1.5% | 0.9% | 2.2% |
| 90 Day | 22.8% | 7.7% | 4.0% |
| 1 Year | 80.7%76.3% | 50.1%44.1% | 16.1%12.5% |
| 3 Year | 295.1%264.7% | 85.5%62.6% | 31.1%15.1% |
| 5 Year | 151.6%115.1% | 101.7%60.3% | 62.5%31.3% |
Long-Term Price Volatility Vs. Market
How volatile is Baby Bunting Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
At AU$5.49, Is Baby Bunting Group Limited (ASX:BBN) Worth Looking At Closely?1 week ago | Simply Wall St
Baby Bunting Group Limited (ASX:BBN) Is About To Go Ex-Dividend, And It Pays A 2.1% Yield2 weeks ago | Simply Wall St
Here's Why I Think Baby Bunting Group (ASX:BBN) Is An Interesting StockValuation
Is Baby Bunting Group undervalued compared to its fair value and its price relative to the market?
8.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BBN (A$5.27) is trading below our estimate of fair value (A$5.73)
Significantly Below Fair Value: BBN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BBN is poor value based on its PE Ratio (53x) compared to the AU Specialty Retail industry average (15x).
PE vs Market: BBN is poor value based on its PE Ratio (53x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: BBN is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: BBN is overvalued based on its PB Ratio (7.1x) compared to the AU Specialty Retail industry average (3x).
Next Steps
Future Growth
How is Baby Bunting Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
29.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BBN's forecast earnings growth (29.3% per year) is above the savings rate (2%).
Earnings vs Market: BBN's earnings (29.3% per year) are forecast to grow faster than the Australian market (15.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BBN's revenue (10.9% per year) is forecast to grow faster than the Australian market (5.6% per year).
High Growth Revenue: BBN's revenue (10.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BBN's Return on Equity is forecast to be high in 3 years time (28.9%)
Next Steps
Past Performance
How has Baby Bunting Group performed over the past 5 years?
6.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BBN has high quality earnings.
Growing Profit Margin: BBN's current net profit margins (2.9%) are lower than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: BBN's earnings have grown by 6.3% per year over the past 5 years.
Accelerating Growth: BBN's earnings growth over the past year (8.2%) exceeds its 5-year average (6.3% per year).
Earnings vs Industry: BBN earnings growth over the past year (8.2%) underperformed the Specialty Retail industry 35.5%.
Return on Equity
High ROE: BBN's Return on Equity (13.2%) is considered low.
Next Steps
Financial Health
How is Baby Bunting Group's financial position?
Financial Position Analysis
Short Term Liabilities: BBN's short term assets (A$120.0M) exceed its short term liabilities (A$89.7M).
Long Term Liabilities: BBN's short term assets (A$120.0M) exceed its long term liabilities (A$111.0M).
Debt to Equity History and Analysis
Debt Level: BBN's debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: BBN's debt to equity ratio has increased from 7.9% to 30.6% over the past 5 years.
Debt Coverage: BBN's debt is well covered by operating cash flow (141.4%).
Interest Coverage: BBN's interest payments on its debt are well covered by EBIT (5.8x coverage).
Balance Sheet
Next Steps
Dividend
What is Baby Bunting Group current dividend yield, its reliability and sustainability?
2.31%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BBN's dividend (2.31%) is higher than the bottom 25% of dividend payers in the Australian market (2.09%).
High Dividend: BBN's dividend (2.31%) is low compared to the top 25% of dividend payers in the Australian market (5.52%).
Stability and Growth of Payments
Stable Dividend: BBN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BBN's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (122.7%), BBN's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BBN's dividends in 3 years are forecast to be covered by earnings (70.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.5yrs
Average management tenure
CEO
Matt Spencer
9.08yrs
Tenure
AU$1,028,156
Compensation
Mr. Matthew Spencer, also known as Matt, has been the Chief Executive Officer and Managing Director of Baby Bunting Group Limited since February 2012 and has been its Executive Director since April 23, 201...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD803.00K) is about average for companies of similar size in the Australian market ($USD723.83K).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 9.08yrs | AU$1.03m | 0.95% A$ 6.7m | |
| CFO & Company Secretary | 7.17yrs | AU$721.12k | 0.17% A$ 1.2m | |
| General Manager of Operations | no data | no data | no data | |
| Group Legal Counsel & Company Secretary | 5.08yrs | no data | no data | |
| General Manager of Merchandise & Marketing | 7.83yrs | no data | no data | |
| General Manager of Human Resources | no data | no data | no data |
7.5yrs
Average Tenure
Experienced Management: BBN's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 9.08yrs | AU$1.03m | 0.95% A$ 6.7m | |
| Independent Non-Executive Director | 6.58yrs | AU$95.00k | 0.12% A$ 813.0k | |
| Independent Non-Executive Director | 2.25yrs | AU$87.50k | 0.015% A$ 108.4k | |
| Independent Non-Executive Chairman | 4.33yrs | AU$142.50k | 0.46% A$ 3.3m | |
| Independent Non-Executive Director | 4.17yrs | AU$87.50k | 0.028% A$ 195.1k | |
| Independent Non-Executive Director | 5.08yrs | AU$102.50k | 0.015% A$ 108.4k |
4.7yrs
Average Tenure
Experienced Board: BBN's board of directors are considered experienced (4.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BBN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Baby Bunting Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Baby Bunting Group Limited
- Ticker: BBN
- Exchange: ASX
- Founded: 1979
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: AU$700.568m
- Shares outstanding: 129.26m
- Website: https://www.babybuntingcorporate.com.au
Number of Employees
Location
- Baby Bunting Group Limited
- 955 Taylors Road
- Dandenong South
- Victoria
- 3175
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BBN | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Oct 2015 |
| BBN | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Oct 2015 |
| B14 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Oct 2015 |
Biography
Baby Bunting Group Limited operates as specialty retailer of baby goods in Australia. The company’s principal product categories include prams, cots and nursery furniture, car safety, toys, babywear, feedi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 07:04 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/12/27 |
| Annual Earnings | 2020/06/28 |
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.