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BKG

Booktopia GroupASX:BKG Stock Report

Market Cap

AU$349.9m

7D

-1.5%

1Y

n/a

Updated

17 Oct, 2021

Data

Company Financials +
BKG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

BKG Overview

Booktopia Group Limited operates as an online book retailer in Australia.

Rewards

Trading at 72.3% below our estimate of its fair value

Earnings are forecast to grow 60.42% per year

Risk Analysis

No risks detected for BKG from our risk checks.

Booktopia Group Competitors

Apple

NasdaqGS:AAPL

US$2.4t

Amazon.com

NasdaqGS:AMZN

US$1.7t

Woolworths Group

ASX:WOW

AU$50.8b

Price History & Performance

Summary of all time highs, changes and price drops for Booktopia Group
Historical stock prices
Current Share PriceAU$2.55
52 Week HighAU$2.34
52 Week LowAU$3.06
Beta0
1 Month Change-6.25%
3 Month Change0.39%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-6.25%

Recent News & Updates

May 12
Estimating The Fair Value Of Booktopia Group Limited (ASX:BKG)

Estimating The Fair Value Of Booktopia Group Limited (ASX:BKG)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Booktopia Group...

Apr 07
Here's Why We're Not At All Concerned With Booktopia Group's (ASX:BKG) Cash Burn Situation

Here's Why We're Not At All Concerned With Booktopia Group's (ASX:BKG) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...

Mar 03
Is Booktopia Group Limited (ASX:BKG) Popular Amongst Insiders?

Is Booktopia Group Limited (ASX:BKG) Popular Amongst Insiders?

A look at the shareholders of Booktopia Group Limited ( ASX:BKG ) can tell us which group is most powerful...

Shareholder Returns

BKGAU Online RetailAU Market
7D-1.5%1.2%0.9%
1Yn/a-32.1%20.2%

Return vs Industry: Insufficient data to determine how BKG performed against the Australian Online Retail industry.

Return vs Market: Insufficient data to determine how BKG performed against the Australian Market.

Price Volatility

Is BKG's price volatile compared to industry and market?
BKG volatility
BKG Beta0
Industry Beta1.04
Market Beta1

Stable Share Price: BKG is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BKG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/aTony Nashhttps://www.booktopia.com.au

Booktopia Group Limited operates as an online book retailer in Australia. It also sells eBooks, DVDs, audiobooks, magazines, calendars and diaries, stationery, and gift cards. The company offers books that cover various subjects, such as biographies and true stories; business and management; history; family and health; personal development; self-help and travel and holidays; modern and contemporary fiction; Australian fiction; crime and mystery; thrillers and suspense; romance; picture books; children’s fiction; young adult; manga; gift guides; cooking, food, and drink; sports; and art and entertainment books.

Booktopia Group Fundamentals Summary

How do Booktopia Group's earnings and revenue compare to its market cap?
BKG fundamental statistics
Market CapAU$349.90m
Earnings (TTM)-AU$18.08m
Revenue (TTM)AU$223.89m

1.6x

P/S Ratio

-19.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BKG income statement (TTM)
RevenueAU$223.89m
Cost of RevenueAU$191.37m
Gross ProfitAU$32.51m
ExpensesAU$50.59m
Earnings-AU$18.08m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.13
Gross Margin14.52%
Net Profit Margin-8.07%
Debt/Equity Ratio0%

How did BKG perform over the long term?

See historical performance and comparison

Valuation

Is Booktopia Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BKG (A$2.55) is trading below our estimate of fair value (A$9.22)

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


Price To Earnings Ratio

PE vs Industry: BKG is unprofitable, so we can't compare its PE Ratio to the Australian Online Retail industry average.

PE vs Market: BKG is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BKG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BKG is overvalued based on its PB Ratio (11.5x) compared to the AU Online Retail industry average (6.5x).


Future Growth

How is Booktopia Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

60.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BKG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: BKG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BKG's is expected to become profitable in the next 3 years.

Revenue vs Market: BKG's revenue (16.8% per year) is forecast to grow faster than the Australian market (5.5% per year).

High Growth Revenue: BKG's revenue (16.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BKG's Return on Equity is forecast to be very high in 3 years time (42.6%).


Past Performance

How has Booktopia Group performed over the past 5 years?

-55.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BKG is currently unprofitable.

Growing Profit Margin: BKG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BKG is unprofitable, and losses have increased over the past 5 years at a rate of 55% per year.

Accelerating Growth: Unable to compare BKG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BKG is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (55.1%).


Return on Equity

High ROE: BKG has a negative Return on Equity (-59.48%), as it is currently unprofitable.


Financial Health

How is Booktopia Group's financial position?


Financial Position Analysis

Short Term Liabilities: BKG's short term assets (A$32.8M) do not cover its short term liabilities (A$34.3M).

Long Term Liabilities: BKG's short term assets (A$32.8M) exceed its long term liabilities (A$12.2M).


Debt to Equity History and Analysis

Debt Level: BKG is debt free.

Reducing Debt: BKG had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BKG has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BKG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Booktopia Group current dividend yield, its reliability and sustainability?

1.11%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BKG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BKG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BKG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BKG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BKG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Tony Nash

14.75yrs

Tenure

AU$719,861

Compensation

Mr. Antony Louis Nash, also known as Tony, is Chief Executive Officer at Booktopia Group Limited since 2007 and serves as its MD & Director. He is in the establishment of Booktopia while working in his fam...


CEO Compensation Analysis

Compensation vs Market: Tony's total compensation ($USD534.30K) is about average for companies of similar size in the Australian market ($USD556.28K).

Compensation vs Earnings: Insufficient data to compare Tony's compensation with company performance.


Leadership Team

Experienced Management: BKG's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: BKG's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BKG insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: BKG only recently listed within the past 12 months.


Top Shareholders

Company Information

Booktopia Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Booktopia Group Limited
  • Ticker: BKG
  • Exchange: ASX
  • Founded: 2004
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: AU$349.899m
  • Shares outstanding: 137.22m
  • Website: https://www.booktopia.com.au

Number of Employees


Location

  • Booktopia Group Limited
  • Unit E1
  • 3-29 Birnie Avenue
  • Lidcombe
  • New South Wales
  • 2141
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:03
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.