Beacon Lighting Group Limited

ASX:BLX Stock Report

Market Cap: AU$350.9m

Beacon Lighting Group Management

Management criteria checks 3/4

Beacon Lighting Group's CEO is Glen Robinson, appointed in Jul 2013, has a tenure of 12.92 years. total yearly compensation is A$875.82K, comprised of 74.3% salary and 25.7% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth A$410.93K. The average tenure of the management team and the board of directors is 4.3 years and 12.3 years respectively.

Key information

Glen Robinson

Chief executive officer

AU$875.8k

Total compensation

CEO salary percentage74.25%
CEO tenure12.9yrs
CEO ownership0.1%
Management average tenure4.3yrs
Board average tenure12.3yrs

Recent management updates

Recent updates

Narrative Update Jun 07

BLX: Lower Margin And P/E Assumptions Will Support Future Upside Potential

Analysts have trimmed their price target on Beacon Lighting Group to A$2.40 from A$2.64, reflecting adjusted assumptions around fair value, discount rate, revenue growth, profit margins and future P/E expectations. What's in the News No recent company-specific news items for Beacon Lighting Group were identified from the provided sources.
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...
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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...

CEO Compensation Analysis

How has Glen Robinson's remuneration changed compared to Beacon Lighting Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 28 2025n/an/a

AU$28m

Sep 28 2025n/an/a

AU$29m

Jun 29 2025n/an/a

AU$29m

Mar 29 2025n/an/a

AU$30m

Dec 29 2024n/an/a

AU$30m

Sep 29 2024n/an/a

AU$30m

Jun 30 2024n/an/a

AU$30m

Mar 31 2024n/an/a

AU$30m

Dec 24 2023n/an/a

AU$31m

Sep 24 2023n/an/a

AU$32m

Jun 25 2023AU$563kAU$394k

AU$34m

Mar 25 2023n/an/a

AU$36m

Dec 25 2022n/an/a

AU$39m

Sep 25 2022n/an/a

AU$40m

Jun 26 2022AU$655kAU$384k

AU$41m

Mar 26 2022n/an/a

AU$39m

Dec 26 2021n/an/a

AU$38m

Sep 26 2021n/an/a

AU$38m

Jun 27 2021AU$681kAU$382k

AU$38m

Mar 27 2021n/an/a

AU$35m

Dec 27 2020n/an/a

AU$32m

Sep 27 2020n/an/a

AU$27m

Jun 28 2020AU$519kAU$346k

AU$22m

Mar 28 2020n/an/a

AU$20m

Dec 29 2019n/an/a

AU$17m

Sep 29 2019n/an/a

AU$17m

Jun 30 2019AU$474kAU$357k

AU$16m

Compensation vs Market: Glen's total compensation ($USD613.96K) is about average for companies of similar size in the Australian market ($USD629.79K).

Compensation vs Earnings: Glen's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Glen Robinson (44 yo)

12.9yrs
Tenure
AU$875,818
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...


Leadership Team

NamePositionTenureCompensationOwnership
Ian Robinson
Executive Chairman12.9yrsAU$214.06k55.17%
A$ 193.6m
Glen Robinson
CEO & Director12.9yrsAU$875.82k0.12%
A$ 410.9k
David Speirs
CFO & Company Secretaryless than a yearAU$550.29k0.052%
A$ 180.9k
Barry Martens
Chief Operating Officerno dataAU$116.19k0.055%
A$ 193.1k
Prue Robinson
Chief Marketing Officer & Executive Directorno dataAU$385.64k0.055%
A$ 191.9k
Michael Tan
Chief Information Officerno datano datano data
Eva Zelos
Group Human Resources Manager4.3yrsno datano data
4.3yrs
Average Tenure
62.5yo
Average Age

Experienced Management: BLX's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ian Robinson
Executive Chairman12.9yrsAU$214.06k55.17%
A$ 193.6m
Glen Robinson
CEO & Director12.3yrsAU$875.82k0.12%
A$ 410.9k
Prue Robinson
Chief Marketing Officer & Executive Director2.4yrsAU$385.64k0.055%
A$ 191.9k
James Barr
Independent Non-Executive Deputy Chairman12.3yrsAU$135.00k0.13%
A$ 471.9k
Neil Osborne
Independent Non-Executive Director12.3yrsAU$120.00k0.13%
A$ 459.0k
Daniel Palumbo
Independent Non-Executive Director2.4yrsAU$110.00k0.0046%
A$ 16.2k
12.3yrs
Average Tenure
68yo
Average Age

Experienced Board: BLX's board of directors are seasoned and experienced ( 12.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/10 20:46
End of Day Share Price 2026/06/10 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 11 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