| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
BLX Stock Overview
Beacon Lighting Group Limited retails lighting products in Australia and internationally.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$2.92 |
| 52 Week High | AU$3.39 |
| 52 Week Low | AU$1.61 |
| Beta | 1.16 |
| 1 Month Change | 1.74% |
| 3 Month Change | 20.17% |
| 1 Year Change | 78.05% |
| 3 Year Change | 149.57% |
| 5 Year Change | 89.61% |
| Change since IPO | 175.47% |
Recent News & Updates
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...
Beacon Lighting Group's (ASX:BLX) Dividend Will Be Increased To AU$0.046
The board of Beacon Lighting Group Limited ( ASX:BLX ) has announced that it will be increasing its dividend on the...
Beacon Lighting Group's (ASX:BLX) Dividend Will Be Increased To AU$0.046
The board of Beacon Lighting Group Limited ( ASX:BLX ) has announced that it will be increasing its dividend on the...
Shareholder Returns
| BLX | AU Specialty Retail | AU Market | |
|---|---|---|---|
| 7D | 0.7% | 2.0% | 0.5% |
| 1Y | 78.0% | 8.2% | 10.3% |
Return vs Industry: BLX exceeded the Australian Specialty Retail industry which returned 8.4% over the past year.
Return vs Market: BLX exceeded the Australian Market which returned 10.4% over the past year.
Price Volatility
| BLX volatility | |
|---|---|
| BLX Average Weekly Movement | 8.5% |
| Specialty Retail Industry Average Movement | 5.3% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in AU Market | 15.2% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: BLX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: BLX's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1967 | 1,100 | Glen Robinson | https://www.beaconlightinggroup.com.au |
Beacon Lighting Group Limited retails lighting products in Australia and internationally. The company designs, develops, sources, imports, distributes, merchandises, promotes, and sells light fittings, ceiling fans, and light globes, as well as energy products. It provides table and floor lamps, pendants, chandeliers, ceiling lights and fans, downlights, spotlights, bar lights, track lights, strips and cabinet lights, wall lights, bathroom lights, exteriors, LED lights, exhaust fans, bathroom heaters, wall fans, mammoth fans, air purifies, desk lights, garden lights, flush mounts, batten fixes, accessories, and solar panels.
Beacon Lighting Group Fundamentals Summary
| BLX fundamental statistics | |
|---|---|
| Market Cap | AU$652.10m |
| Earnings (TTM) | AU$37.63m |
| Revenue (TTM) | AU$289.50m |
17.3x
P/E Ratio2.3x
P/S RatioIs BLX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BLX income statement (TTM) | |
|---|---|
| Revenue | AU$289.50m |
| Cost of Revenue | AU$91.34m |
| Gross Profit | AU$198.15m |
| Expenses | AU$160.52m |
| Earnings | AU$37.63m |
Last Reported Earnings
Jun 27, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.17 |
| Gross Margin | 68.45% |
| Net Profit Margin | 13.00% |
| Debt/Equity Ratio | 16.9% |
How did BLX perform over the long term?
See historical performance and comparisonDividends
3.0%
Current Dividend Yield52%
Payout RatioValuation
Is Beacon Lighting Group undervalued compared to its fair value and its price relative to the market?
17.33x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BLX (A$2.92) is trading above our estimate of fair value (A$2.32)
Significantly Below Fair Value: BLX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BLX is poor value based on its PE Ratio (17.3x) compared to the Australian Specialty Retail industry average (11.4x).
PE vs Market: BLX is good value based on its PE Ratio (17.3x) compared to the Australian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: BLX is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: BLX is overvalued based on its PB Ratio (5.8x) compared to the AU Specialty Retail industry average (3.6x).
Future Growth
How is Beacon Lighting Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
3.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BLX's forecast earnings growth (3.6% per year) is above the savings rate (1.9%).
Earnings vs Market: BLX's earnings (3.6% per year) are forecast to grow slower than the Australian market (11.3% per year).
High Growth Earnings: BLX's earnings are forecast to grow, but not significantly.
Revenue vs Market: BLX's revenue (6.9% per year) is forecast to grow faster than the Australian market (4.9% per year).
High Growth Revenue: BLX's revenue (6.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BLX's Return on Equity is forecast to be high in 3 years time (23.1%)
Past Performance
How has Beacon Lighting Group performed over the past 5 years?
13.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLX has high quality earnings.
Growing Profit Margin: BLX's current net profit margins (13%) are higher than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: BLX's earnings have grown by 13.9% per year over the past 5 years.
Accelerating Growth: BLX's earnings growth over the past year (69.5%) exceeds its 5-year average (13.9% per year).
Earnings vs Industry: BLX earnings growth over the past year (69.5%) underperformed the Specialty Retail industry 91.8%.
Return on Equity
High ROE: BLX's Return on Equity (33.6%) is considered high.
Financial Health
How is Beacon Lighting Group's financial position?
Financial Position Analysis
Short Term Liabilities: BLX's short term assets (A$110.9M) exceed its short term liabilities (A$79.2M).
Long Term Liabilities: BLX's short term assets (A$110.9M) exceed its long term liabilities (A$98.6M).
Debt to Equity History and Analysis
Debt Level: BLX has more cash than its total debt.
Reducing Debt: BLX's debt to equity ratio has reduced from 34.6% to 16.9% over the past 5 years.
Debt Coverage: BLX's debt is well covered by operating cash flow (322.9%).
Interest Coverage: BLX's interest payments on its debt are well covered by EBIT (10.4x coverage).
Balance Sheet
Dividend
What is Beacon Lighting Group current dividend yield, its reliability and sustainability?
3.01%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BLX's dividend (3.01%) is higher than the bottom 25% of dividend payers in the Australian market (2.18%).
High Dividend: BLX's dividend (3.01%) is low compared to the top 25% of dividend payers in the Australian market (5.39%).
Stability and Growth of Payments
Stable Dividend: BLX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BLX's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52%), BLX's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BLX's dividends in 3 years are forecast to be covered by earnings (55.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.9yrs
Average board tenure
CEO
Glen Robinson (39 yo)
8.5yrs
Tenure
AU$681,290
Compensation
Mr. Glen Robinson has been the Chief Executive Officer at Beacon Lighting Group Limited since July 2013. Mr. Robinson has a strong understanding of all aspects of the business with a particular passion for...
CEO Compensation Analysis
Compensation vs Market: Glen's total compensation ($USD492.23K) is below average for companies of similar size in the Australian market ($USD745.16K).
Compensation vs Earnings: Glen's compensation has increased by more than 20% in the past year.
Board Members
Experienced Board: BLX's board of directors are considered experienced (7.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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
Beacon Lighting Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: Beacon Lighting Group Limited
- Ticker: BLX
- Exchange: ASX
- Founded: 1967
- Industry: Home Improvement Retail
- Sector: Retail
- Implied Market Cap: AU$652.099m
- Shares outstanding: 223.32m
- Website: https://www.beaconlightinggroup.com.au
Number of Employees
Location
- Beacon Lighting Group Limited
- 5 Bastow Place
- Mulgrave
- Victoria
- 3170
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:36 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/06/27 |
| Annual Earnings | 2021/06/27 |
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.