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Beacon Lighting Group LimitedASX:BLX Stock Report

Market Cap AU$360.1m
Share Price
AU$1.57
AU$2.64
40.5% undervalued intrinsic discount
1Y-51.1%
7D1.6%
1D
Portfolio Value
View

Beacon Lighting Group Limited

ASX:BLX Stock Report

Market Cap: AU$360.1m

Beacon Lighting Group (BLX) Stock Overview

Engages in the retail of lighting products in Australia and internationally. More details

BLX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance1/6
Financial Health6/6
Dividends4/6

BLX Community Fair Values

Create Narrative

See what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.

Beacon Lighting Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Beacon Lighting Group
Historical stock prices
Current Share PriceAU$1.57
52 Week HighAU$3.80
52 Week LowAU$1.44
Beta1.05
1 Month Change-3.38%
3 Month Change-27.98%
1 Year Change-51.09%
3 Year Change-1.26%
5 Year Change-19.69%
Change since IPO48.11%

Recent News & Updates

New Narrative May 13

Trade Expansion And Store Network Growth Will Reshape This Lighting Retailer’s Future

Catalysts About Beacon Lighting Group Beacon Lighting Group designs, sources and sells lighting, ceiling fans and electrical accessories across Australia and selected international markets. What are the underlying business or industry changes driving this perspective?
Narrative Update May 08

BLX: Lower Growth Assumptions Will Support Future Margin And P/E Appeal

Analysts have trimmed their price target on Beacon Lighting Group to A$2.64 from A$2.92, reflecting updated views on its fair value, discount rate, revenue growth, profit margin and future P/E assumptions. Valuation Changes Fair Value: reduced from A$2.92 to A$2.64, indicating a modest reset in the assessed share valuation.
New Narrative Apr 28

Trade Mix And Store Rollout Challenges Will Temper Margins Yet Support Longer Term Potential

Catalysts About Beacon Lighting Group Beacon Lighting Group operates a vertically integrated network focused on lighting, ceiling fans and electrical accessories for retail and trade customers in Australia and selected international markets. What are the underlying business or industry changes driving this perspective?
Narrative Update Apr 24

BLX: Higher Required Return Will Support Future Margin And P/E Appeal

Analysts have reaffirmed their fair value estimate for Beacon Lighting Group at A$2.92 per share, with only minor model adjustments to the discount rate, long term revenue growth, profit margin and future P/E assumptions shaping the updated price target view. Valuation Changes Fair Value: A$2.92 per share remains unchanged, with the updated estimate matching the prior figure.
Narrative Update Apr 06

BLX: Higher Required Return Will Support Future Margin And P/E Appeal

Analysts have maintained the fair value estimate for Beacon Lighting Group at A$2.92 per share, while making slight adjustments to key inputs such as the discount rate and future P/E assumptions. These changes have resulted in only a marginal impact on their overall price target rationale.

Recent updates

New Narrative May 13

Trade Expansion And Store Network Growth Will Reshape This Lighting Retailer’s Future

Catalysts About Beacon Lighting Group Beacon Lighting Group designs, sources and sells lighting, ceiling fans and electrical accessories across Australia and selected international markets. What are the underlying business or industry changes driving this perspective?
Narrative Update May 08

BLX: Lower Growth Assumptions Will Support Future Margin And P/E Appeal

Analysts have trimmed their price target on Beacon Lighting Group to A$2.64 from A$2.92, reflecting updated views on its fair value, discount rate, revenue growth, profit margin and future P/E assumptions. Valuation Changes Fair Value: reduced from A$2.92 to A$2.64, indicating a modest reset in the assessed share valuation.
New Narrative Apr 28

Trade Mix And Store Rollout Challenges Will Temper Margins Yet Support Longer Term Potential

Catalysts About Beacon Lighting Group Beacon Lighting Group operates a vertically integrated network focused on lighting, ceiling fans and electrical accessories for retail and trade customers in Australia and selected international markets. What are the underlying business or industry changes driving this perspective?
Narrative Update Apr 24

BLX: Higher Required Return Will Support Future Margin And P/E Appeal

Analysts have reaffirmed their fair value estimate for Beacon Lighting Group at A$2.92 per share, with only minor model adjustments to the discount rate, long term revenue growth, profit margin and future P/E assumptions shaping the updated price target view. Valuation Changes Fair Value: A$2.92 per share remains unchanged, with the updated estimate matching the prior figure.
Narrative Update Apr 06

BLX: Higher Required Return Will Support Future Margin And P/E Appeal

Analysts have maintained the fair value estimate for Beacon Lighting Group at A$2.92 per share, while making slight adjustments to key inputs such as the discount rate and future P/E assumptions. These changes have resulted in only a marginal impact on their overall price target rationale.
Narrative Update Mar 23

BLX: Higher Required Return Will Support Future Margin And P/E Appeal

Analysts have maintained their A$2.92 price target for Beacon Lighting Group, with small tweaks to the discount rate, revenue growth, profit margin and assumed future P/E resulting in a broadly unchanged valuation outlook. Valuation Changes Fair Value: A$2.92 remains unchanged, indicating a stable central valuation estimate.
Narrative Update Mar 08

BLX: Higher Required Return Will Still Support Favourable Margin Outlook

Analysts have trimmed their price target for Beacon Lighting Group from A$3.05 to A$2.92, as slightly higher discount rate assumptions and a more conservative profit margin outlook offset only modest changes in revenue growth and future P/E settings. Valuation Changes Fair Value: trimmed from A$3.05 to A$2.92.
Narrative Update Feb 21

BLX: Higher Required Return Will Still Support Positive Long Term Outlook

Analysts have revised their fair value estimate for Beacon Lighting Group from A$3.62 to A$3.05, reflecting updated views on its discount rate, revenue growth, profit margins and future P/E assumptions. Valuation Changes Fair Value: reduced from A$3.62 to A$3.05, a moderate cut to the central valuation view.
New Narrative Feb 19

Beacon Trade and Vertical Integration leading Growth. However, economic headwinds and store rollouts could continue to fuel OpEx

Equity Research Report-Beacon Lighting Group Company Name: Beacon Lighting Group ASX: BLX Sector: Consumer Cyclical Analyst Rating: ✅ Buy Target Price: $2.62 Current Price: $2.51 Valuation Method: Discounted Earnings Date: 19/02/2026 Analyst Name: Julian Kearney 1. Investment Thesis - Despite facing notable economic headwinds over the next 12–18 months due to RBA rate hikes, current valuations indicate moderate upside potential relative to the present share price.
Analysis Article Aug 31

Beacon Lighting Group's (ASX:BLX) Dividend Will Be A$0.039

The board of Beacon Lighting Group Limited ( ASX:BLX ) has announced that it will pay a dividend of A$0.039 per share...
Analysis Article Aug 29

Analysts Are Updating Their Beacon Lighting Group Limited (ASX:BLX) Estimates After Its Annual Results

Shareholders might have noticed that Beacon Lighting Group Limited ( ASX:BLX ) filed its yearly result this time last...
Analysis Article Jun 02

At AU$3.58, Is It Time To Put Beacon Lighting Group Limited (ASX:BLX) On Your Watch List?

Beacon Lighting Group Limited ( ASX:BLX ), is not the largest company out there, but it saw a double-digit share price...
Analysis Article May 15

Beacon Lighting Group Limited's (ASX:BLX) Business Is Yet to Catch Up With Its Share Price

When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") below 17x, you may consider...
Analysis Article Feb 25

Beacon Lighting Group (ASX:BLX) Will Pay A Dividend Of A$0.041

The board of Beacon Lighting Group Limited ( ASX:BLX ) has announced that it will pay a dividend on the 21st of March...
Analysis Article Feb 22

Beacon Lighting Group Limited (ASX:BLX) Analysts Are Pretty Bullish On The Stock After Recent Results

The half-yearly results for Beacon Lighting Group Limited ( ASX:BLX ) were released last week, making it a good time to...
User avatar
New Narrative Feb 09

New US Partnership With Home Depot Will Expand Market Reach

Expansion of the store network and a focus on trade sales are set to increase market reach and customer base, boosting revenue and stabilizing margins.
Analysis Article Sep 13

Optimistic Investors Push Beacon Lighting Group Limited (ASX:BLX) Shares Up 25% But Growth Is Lacking

The Beacon Lighting Group Limited ( ASX:BLX ) share price has done very well over the last month, posting an excellent...
Analysis Article Aug 24

Beacon Lighting Group's (ASX:BLX) Dividend Is Being Reduced To A$0.038

Beacon Lighting Group Limited ( ASX:BLX ) has announced it will be reducing its dividend payable on the 20th of...
Analysis Article Feb 22

There May Be Some Bright Spots In Beacon Lighting Group's (ASX:BLX) Earnings

Soft earnings didn't appear to concern Beacon Lighting Group Limited's ( ASX:BLX ) shareholders over the last week. We...
Analysis Article Feb 17

Beacon Lighting Group (ASX:BLX) Will Pay A Dividend Of A$0.041

Beacon Lighting Group Limited ( ASX:BLX ) will pay a dividend of A$0.041 on the 15th of March. This means that the...
Analysis Article Feb 13

Is It Time To Consider Buying Beacon Lighting Group Limited (ASX:BLX)?

Beacon Lighting Group Limited ( ASX:BLX ), is not the largest company out there, but it received a lot of attention...
Analysis Article Dec 04

Some Investors May Be Worried About Beacon Lighting Group's (ASX:BLX) Returns On Capital

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Analysis Article Oct 10

When Should You Buy Beacon Lighting Group Limited (ASX:BLX)?

Beacon Lighting Group Limited ( ASX:BLX ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article Aug 29

Beacon Lighting Group (ASX:BLX) Will Pay A Smaller Dividend Than Last Year

Beacon Lighting Group Limited's ( ASX:BLX ) dividend is being reduced from last year's payment covering the same period...
Analysis Article Jun 08

Beacon Lighting Group (ASX:BLX) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Feb 08

Is Now The Time To Look At Buying Beacon Lighting Group Limited (ASX:BLX)?

While Beacon Lighting Group Limited ( ASX:BLX ) might not be the most widely known stock at the moment, it saw a decent...
Analysis Article Jan 20

Here's Why We Think Beacon Lighting Group (ASX:BLX) Might Deserve Your Attention Today

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Oct 13

Beacon Lighting Group (ASX:BLX) Is Aiming To Keep Up Its Impressive Returns

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Analysis Article Sep 28

Should You Be Adding Beacon Lighting Group (ASX:BLX) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Aug 21

Beacon Lighting Group (ASX:BLX) Is Paying Out A Larger Dividend Than Last Year

Beacon Lighting Group Limited's ( ASX:BLX ) periodic dividend will be increasing on the 20th of September to A$0.05...
Analysis Article Jul 30

What Does Beacon Lighting Group Limited's (ASX:BLX) Share Price Indicate?

While Beacon Lighting Group Limited ( ASX:BLX ) might not be the most widely known stock at the moment, it saw a...
Analysis Article Jul 07

Beacon Lighting Group's (ASX:BLX) Returns On Capital Not Reflecting Well On The Business

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Analysis Article Jun 15

Here's Why Beacon Lighting Group (ASX:BLX) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Mar 07

Beacon Lighting Group (ASX:BLX) Is Reinvesting At Lower Rates Of Return

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysis Article Feb 20

Beacon Lighting Group (ASX:BLX) Is Increasing Its Dividend To AU$0.043

The board of Beacon Lighting Group Limited ( ASX:BLX ) has announced that the dividend on 11th of March will be...
Analysis Article Dec 27

Is There An Opportunity With Beacon Lighting Group Limited's (ASX:BLX) 23% Undervaluation?

In this article we are going to estimate the intrinsic value of Beacon Lighting Group Limited ( ASX:BLX ) by projecting...

Shareholder Returns

BLXAU Specialty RetailAU Market
7D1.6%-2.3%0.08%
1Y-51.1%-28.1%3.1%

Return vs Industry: BLX underperformed the Australian Specialty Retail industry which returned -28.1% over the past year.

Return vs Market: BLX underperformed the Australian Market which returned 3.1% over the past year.

Price Volatility

Is BLX's price volatile compared to industry and market?
BLX volatility
BLX Average Weekly Movement6.8%
Specialty Retail Industry Average Movement6.7%
Market Average Movement10.4%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market4.3%

Stable Share Price: BLX has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: BLX's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19671,130Glen Robinsonwww.beaconlighting.com.au

Beacon Lighting Group Limited engages in the retail of lighting products in Australia and internationally. The company designs, develops, sources, imports, distributes, merchandises, markets, and sells light fittings, ceiling fans, and light globes, as well as energy products. It also provides pendant, track, bathroom, outdoor, downlight, step, smart, LED, ceiling, DIY, spot and bar, strip and cabinet, wall light and sconce, and lamp lightning products, as well as candles.

Beacon Lighting Group Limited Fundamentals Summary

How do Beacon Lighting Group's earnings and revenue compare to its market cap?
BLX fundamental statistics
Market capAU$360.07m
Earnings (TTM)AU$28.31m
Revenue (TTM)AU$334.88m
12.7x
P/E Ratio
1.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BLX income statement (TTM)
RevenueAU$334.88m
Cost of RevenueAU$103.85m
Gross ProfitAU$231.03m
Other ExpensesAU$202.72m
EarningsAU$28.31m

Last Reported Earnings

Dec 28, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin68.99%
Net Profit Margin8.45%
Debt/Equity Ratio14.5%

How did BLX perform over the long term?

See historical performance and comparison

Dividends

5.1%
Current Dividend Yield
65%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 22:01
End of Day Share Price 2026/05/25 00:00
Earnings2025/12/28
Annual Earnings2025/06/29

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.

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 Github.

Analyst Sources

Beacon Lighting Group Limited is covered by 12 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Forres SalekianBarrenjoey Markets Pty Limited
Aryan NoroziBarrenjoey Markets Pty Limited
Chamithri RatnapalaBell Potter