Beacon Lighting Group Limited

ASX:BLX Stock Report

Market Cap: AU$350.9m

Beacon Lighting Group Past Earnings Performance

Past criteria checks 1/6

Beacon Lighting Group's earnings have been declining at an average annual rate of -6.2%, while the Specialty Retail industry saw earnings declining at 4% annually. Revenues have been growing at an average rate of 3.4% per year. Beacon Lighting Group's return on equity is 14.7%, and it has net margins of 8.5%.

Key information

-6.19%

Earnings growth rate

-6.73%

EPS growth rate

Specialty Retail Industry Growth19.75%
Revenue growth rate3.36%
Return on equity14.74%
Net Margin8.45%
Last Earnings Update28 Dec 2025

Recent past performance 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...
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...

Revenue & Expenses Breakdown

How Beacon Lighting Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:BLX Revenue, expenses and earnings (AUD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
28 Dec 25335281840
28 Sep 25332291820
29 Jun 25329291790
29 Mar 25329301780
29 Dec 24329301780
29 Sep 24326301760
30 Jun 24324301730
31 Mar 24319301690
24 Dec 23314311640
24 Sep 23313321610
25 Jun 23313341580
25 Mar 23316361570
25 Dec 22318391560
25 Sep 22312401520
26 Jun 22305411480
26 Mar 22297391440
26 Dec 21289381410
26 Sep 21289381400
27 Jun 21289381390
27 Mar 21285351380
27 Dec 20281321370
27 Sep 20267271340
28 Jun 20253221310
28 Mar 20247201310
29 Dec 19242171310
29 Sep 19244171320
30 Jun 19247161340
31 Mar 19245181320
23 Dec 18243201300
23 Sep 18240201290
24 Jun 18238201280
24 Mar 18234191250
24 Dec 17230181220
24 Sep 17224181180
25 Jun 17217171140
25 Mar 17212171100
25 Dec 16207171060
25 Sep 16202171030
26 Jun 16197181010
26 Mar 1619419990
27 Dec 1519119980
27 Sep 1518718970
28 Jun 1518317950

Quality Earnings: BLX has high quality earnings.

Growing Profit Margin: BLX's current net profit margins (8.5%) are lower than last year (9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BLX's earnings have declined by 6.2% per year over the past 5 years.

Accelerating Growth: BLX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BLX had negative earnings growth (-4.5%) over the past year, making it difficult to compare to the Specialty Retail industry average (2.8%).


Return on Equity

High ROE: BLX's Return on Equity (14.7%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

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