BLX Stock Overview
Beacon Lighting Group Limited retails lighting products in Australia and internationally.
Beacon Lighting Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.28|
|52 Week High||AU$3.39|
|52 Week Low||AU$1.66|
|1 Month Change||8.06%|
|3 Month Change||8.06%|
|1 Year Change||25.62%|
|3 Year Change||125.74%|
|5 Year Change||82.40%|
|Change since IPO||115.09%|
Recent News & Updates
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...
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...
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...
|BLX||AU Specialty Retail||AU Market|
Return vs Industry: BLX exceeded the Australian Specialty Retail industry which returned -17.9% over the past year.
Return vs Market: BLX exceeded the Australian Market which returned -8.5% over the past year.
|BLX Average Weekly Movement||8.3%|
|Specialty Retail Industry Average Movement||6.4%|
|Market Average Movement||10.6%|
|10% most volatile stocks in AU Market||18.1%|
|10% least volatile stocks in AU Market||4.6%|
Stable Share Price: BLX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: BLX's weekly volatility (8%) has been stable over the past year.
About the Company
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|
Is BLX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BLX income statement (TTM)|
|Cost of Revenue||AU$88.95m|
Last Reported Earnings
Dec 26, 2021
Next Earnings Date
Aug 18, 2022
|Earnings per share (EPS)||0.17|
|Net Profit Margin||13.15%|
How did BLX perform over the long term?See historical performance and comparison
3.9%Current Dividend Yield
Is BLX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BLX?
Other financial metrics that can be useful for relative valuation.
|What is BLX's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does BLX's PE Ratio compare to its peers?
|BLX PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
ASG Autosports Group
BBN Baby Bunting Group
PWR Peter Warren Automotive Holdings
BLX Beacon Lighting Group
Price-To-Earnings vs Peers: BLX is good value based on its Price-To-Earnings Ratio (13.4x) compared to the peer average (15.7x).
Price to Earnings Ratio vs Industry
How does BLX's PE Ratio compare vs other companies in the AU Specialty Retail Industry?
Price-To-Earnings vs Industry: BLX is expensive based on its Price-To-Earnings Ratio (13.4x) compared to the Australian Specialty Retail industry average (10.5x)
Price to Earnings Ratio vs Fair Ratio
What is BLX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||13.4x|
|Fair PE Ratio||12.9x|
Price-To-Earnings vs Fair Ratio: BLX is expensive based on its Price-To-Earnings Ratio (13.4x) compared to the estimated Fair Price-To-Earnings Ratio (12.9x).
Share Price vs Fair Value
What is the Fair Price of BLX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BLX (A$2.28) is trading below our estimate of fair value (A$4.57)
Significantly Below Fair Value: BLX is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Beacon Lighting Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BLX's forecast earnings growth (3.2% per year) is above the savings rate (1.8%).
Earnings vs Market: BLX's earnings (3.2% per year) are forecast to grow slower than the Australian market (6.1% per year).
High Growth Earnings: BLX's earnings are forecast to grow, but not significantly.
Revenue vs Market: BLX's revenue (7.7% per year) is forecast to grow faster than the Australian market (5.6% per year).
High Growth Revenue: BLX's revenue (7.7% 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 (21.5%)
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How has Beacon Lighting Group performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BLX has high quality earnings.
Growing Profit Margin: BLX's current net profit margins (13.1%) are higher than last year (11.3%).
Past Earnings Growth Analysis
Earnings Trend: BLX's earnings have grown by 18.4% per year over the past 5 years.
Accelerating Growth: BLX's earnings growth over the past year (20.1%) exceeds its 5-year average (18.4% per year).
Earnings vs Industry: BLX earnings growth over the past year (20.1%) underperformed the Specialty Retail industry 21.4%.
Return on Equity
High ROE: BLX's Return on Equity (30.6%) is considered high.
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How is Beacon Lighting Group's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BLX's short term assets (A$127.4M) exceed its short term liabilities (A$91.9M).
Long Term Liabilities: BLX's short term assets (A$127.4M) exceed its long term liabilities (A$102.4M).
Debt to Equity History and Analysis
Debt Level: BLX has more cash than its total debt.
Reducing Debt: BLX's debt to equity ratio has reduced from 35.6% to 16.8% over the past 5 years.
Debt Coverage: BLX's debt is well covered by operating cash flow (256.4%).
Interest Coverage: BLX's interest payments on its debt are well covered by EBIT (10.4x coverage).
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What is Beacon Lighting Group current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BLX's dividend (3.9%) is higher than the bottom 25% of dividend payers in the Australian market (2.56%).
High Dividend: BLX's dividend (3.9%) is low compared to the top 25% of dividend payers in the Australian market (6.36%).
Stability and Growth of Payments
Stable Dividend: BLX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BLX's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.2%), BLX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.2%), BLX's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Glen Robinson (40 yo)
Mr. Glen Robinson has been the Chief Executive Officer at Beacon Lighting Group Limited since July 2013. Mr. Robinson has a strong understanding of all aspects of the business with a particular passion for...
CEO Compensation Analysis
Compensation vs Market: Glen's total compensation ($USD483.91K) is below average for companies of similar size in the Australian market ($USD769.87K).
Compensation vs Earnings: Glen's compensation has increased by more than 20% in the past year.
Experienced Board: BLX's board of directors are considered experienced (8.5 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Beacon Lighting Group Limited's employee growth, exchange listings and data sources
- Name: Beacon Lighting Group Limited
- Ticker: BLX
- Exchange: ASX
- Founded: 1967
- Industry: Home Improvement Retail
- Sector: Retail
- Implied Market Cap: AU$509.173m
- Shares outstanding: 223.32m
- Website: https://www.beaconlightinggroup.com.au
Number of Employees
- Beacon Lighting Group Limited
- 5 Bastow Place
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/14 00:00|
|End of Day Share Price||2022/08/12 00:00|
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.