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$1.93|
|52 Week High||AU$3.39|
|52 Week Low||AU$1.66|
|1 Month Change||-21.22%|
|3 Month Change||8.43%|
|1 Year Change||-12.27%|
|3 Year Change||64.26%|
|5 Year Change||22.93%|
|Change since IPO||82.08%|
Recent News & Updates
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...
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...
|BLX||AU Specialty Retail||AU Market|
Return vs Industry: BLX exceeded the Australian Specialty Retail industry which returned -23.6% over the past year.
Return vs Market: BLX underperformed the Australian Market which returned -10.8% over the past year.
|BLX Average Weekly Movement||9.2%|
|Specialty Retail Industry Average Movement||7.1%|
|Market Average Movement||9.4%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.2%|
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
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 pendant, track, bathroom, outdoor, garden, solar, security and sensor, deck, LED lighting products; and ceiling, down, spot & bar, strip & cabinet, and interior wall lights, as well as lamps.
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$93.93m|
Last Reported Earnings
Jun 26, 2022
Next Earnings Date
|Earnings per share (EPS)||0.18|
|Net Profit Margin||13.35%|
How did BLX perform over the long term?See historical performance and comparison
4.8%Current Dividend Yield
Is BLX undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
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|
PWR Peter Warren Automotive Holdings
BBN Baby Bunting Group
ASG Autosports Group
MHJ Michael Hill International
BLX Beacon Lighting Group
Price-To-Earnings vs Peers: BLX is good value based on its Price-To-Earnings Ratio (10.6x) compared to the peer average (12.9x).
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 (10.6x) compared to the Australian Specialty Retail industry average (9.3x)
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||10.6x|
|Fair PE Ratio||11.6x|
Price-To-Earnings vs Fair Ratio: BLX is good value based on its Price-To-Earnings Ratio (10.6x) compared to the estimated Fair Price-To-Earnings Ratio (11.6x).
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$1.93) is trading below our estimate of fair value (A$4.94)
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 more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is Beacon Lighting Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score2/6
Future Growth Score 2/6
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 earnings are forecast to decline over the next 3 years (-1% per year).
Earnings vs Market: BLX's earnings are forecast to decline over the next 3 years (-1% per year).
High Growth Earnings: BLX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BLX's revenue (4.8% per year) is forecast to grow faster than the Australian market (3.7% per year).
High Growth Revenue: BLX's revenue (4.8% 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 (21.7%)
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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 (13.3%) are higher than last year (13%).
Past Earnings Growth Analysis
Earnings Trend: BLX's earnings have grown significantly by 20.6% per year over the past 5 years.
Accelerating Growth: BLX's earnings growth over the past year (8.3%) is below its 5-year average (20.6% per year).
Earnings vs Industry: BLX earnings growth over the past year (8.3%) exceeded the Specialty Retail industry -0.5%.
Return on Equity
High ROE: BLX's Return on Equity (30.4%) 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$131.8M) exceed its short term liabilities (A$88.9M).
Long Term Liabilities: BLX's short term assets (A$131.8M) exceed its long term liabilities (A$99.5M).
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 45.3% to 14.6% over the past 5 years.
Debt Coverage: BLX's debt is well covered by operating cash flow (267.9%).
Interest Coverage: BLX's interest payments on its debt are well covered by EBIT (11x 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
|Beacon Lighting Group Dividend Yield vs Market|
|Company (Beacon Lighting Group)||4.8%|
|Market Bottom 25% (AU)||2.8%|
|Market Top 25% (AU)||7.2%|
|Industry Average (Specialty Retail)||6.4%|
|Analyst forecast in 3 Years (Beacon Lighting Group)||4.5%|
Notable Dividend: BLX's dividend (4.82%) is higher than the bottom 25% of dividend payers in the Australian market (2.8%).
High Dividend: BLX's dividend (4.82%) is low compared to the top 25% of dividend payers in the Australian market (7.16%).
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 (51%), BLX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.5%), 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
|Glen Robinson's Compensation vs Beacon Lighting Group Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 26 2022||AU$669k||AU$398k|
|Mar 26 2022||n/a||n/a|
|Dec 26 2021||n/a||n/a|
|Sep 26 2021||n/a||n/a|
|Jun 27 2021||AU$681k||AU$382k|
|Mar 27 2021||n/a||n/a|
|Dec 27 2020||n/a||n/a|
|Sep 27 2020||n/a||n/a|
|Jun 28 2020||AU$519k||AU$346k|
|Mar 28 2020||n/a||n/a|
|Dec 29 2019||n/a||n/a|
|Sep 29 2019||n/a||n/a|
|Jun 30 2019||AU$474k||AU$357k|
|Mar 31 2019||n/a||n/a|
|Dec 23 2018||n/a||n/a|
|Sep 23 2018||n/a||n/a|
|Jun 24 2018||AU$520k||AU$352k|
|Mar 24 2018||n/a||n/a|
|Dec 24 2017||n/a||n/a|
|Sep 24 2017||n/a||n/a|
|Jun 25 2017||n/a||n/a|
|Mar 25 2017||n/a||n/a|
|Dec 25 2016||n/a||n/a|
|Sep 25 2016||n/a||n/a|
Compensation vs Market: Glen's total compensation ($USD431.26K) is below average for companies of similar size in the Australian market ($USD618.04K).
Compensation vs Earnings: Glen's compensation has been consistent with company performance over the past year.
Experienced Board: BLX's board of directors are considered experienced (8.6 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
|10 Mar 22||BuyAU$7,058,964||Pendal Group Limited||Company||2,921,355||AU$2.42|
|09 Mar 22||SellAU$389,323||Pendal Group Limited||Company||157,606||AU$2.67|
|12 Oct 21||SellAU$3,417,699||Moelis Australia Asset Management Ltd||Company||1,518,435||AU$2.25|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
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$431.010m
- Shares outstanding: 223.32m
- Website: https://www.beaconlightinggroup.com.au
Number of Employees
- Beacon Lighting Group Limited
- 5 Bastow Place
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BLX||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Apr 2014|
|BLX||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Apr 2014|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/01 00:00|
|End of Day Share Price||2022/09/30 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.