Executive Summary
Bluechiip Limited develops and commercializes wireless tracking solutions for the healthcare and life science, security, defense, and manufacturing industries. More Details
Risk Analysis
Snowflake Analysis
Flawless balance sheet and overvalued.
Share Price & News
How has Bluechiip's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BCT is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: BCT's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.
Market Performance
7 Day Return
-7.8%
BCT
2.2%
AU Electronic
-0.3%
AU Market
1 Year Return
-67.6%
BCT
35.9%
AU Electronic
-1.6%
AU Market
Return vs Industry: BCT underperformed the Australian Electronic industry which returned 35.9% over the past year.
Return vs Market: BCT underperformed the Australian Market which returned -1.6% over the past year.
Shareholder returns
| BCT | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.8% | 2.2% | -0.3% |
| 30 Day | -6.0% | 8.2% | 0.5% |
| 90 Day | -13.0% | 10.5% | 10.1% |
| 1 Year | -67.6%-67.6% | 39.3%35.9% | 1.7%-1.6% |
| 3 Year | -21.7%-21.7% | 132.3%115.9% | 26.2%10.7% |
| 5 Year | 45.5%42.4% | 210.5%184.1% | 68.7%35.5% |
Long-Term Price Volatility Vs. Market
How volatile is Bluechiip's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
We Think Bluechiip (ASX:BCT) Needs To Drive Business Growth Carefully1 month ago | Simply Wall St
How Many Bluechiip Limited (ASX:BCT) Shares Did Insiders Buy, In The Last Year?2 months ago | Simply Wall St
A Quick Analysis On Bluechiip's (ASX:BCT) CEO SalaryValuation
Is Bluechiip undervalued compared to its fair value and its price relative to the market?
2.74x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BCT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BCT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BCT is unprofitable, so we can't compare its PE Ratio to the XO Electronic industry average.
PE vs Market: BCT is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BCT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BCT is good value based on its PB Ratio (2.7x) compared to the AU Electronic industry average (4.2x).
Next Steps
Future Growth
How is Bluechiip forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
25.0%
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bluechiip has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Bluechiip's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Bluechiip competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has Bluechiip performed over the past 5 years?
-21.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BCT is currently unprofitable.
Growing Profit Margin: BCT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BCT is unprofitable, and losses have increased over the past 5 years at a rate of 21.1% per year.
Accelerating Growth: Unable to compare BCT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BCT is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-0.9%).
Return on Equity
High ROE: BCT has a negative Return on Equity (-44.29%), as it is currently unprofitable.
Next Steps
Financial Health
How is Bluechiip's financial position?
Financial Position Analysis
Short Term Liabilities: BCT's short term assets (A$10.8M) exceed its short term liabilities (A$605.7K).
Long Term Liabilities: BCT's short term assets (A$10.8M) exceed its long term liabilities (A$88.9K).
Debt to Equity History and Analysis
Debt Level: BCT is debt free.
Reducing Debt: BCT has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BCT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BCT has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 14.6% each year.
Next Steps
Dividend
What is Bluechiip current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BCT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BCT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BCT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BCT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BCT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.0yrs
Average board tenure
CEO
Andrew McLellan
6yrs
Tenure
AU$443,501
Compensation
Mr. Andrew McLellan, MBA, B Eng (Hons), GAICD has been the Chief Executive Officer, Managing Director and Executive Director of Bluechiip Limited since January 27, 2015. Mr. McLellan has vast experience in...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD342.31K) is about average for companies of similar size in the Australian market ($USD294.44K).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 6yrs | AU$443.50k | 1.29% A$ 359.6k | |
| Non-Executive Chairman | 7yrs | AU$70.00k | 4.57% A$ 1.3m | |
| Non-Executive Director | 6.08yrs | AU$40.00k | 1.56% A$ 434.6k | |
| Independent Director | 3.5yrs | AU$40.00k | 0.084% A$ 23.5k |
6.0yrs
Average Tenure
Experienced Board: BCT's board of directors are considered experienced (6 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
Bluechiip Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bluechiip Limited
- Ticker: BCT
- Exchange: ASX
- Founded: 2003
- Industry: Electronic Components
- Sector: Tech
- Market Cap: AU$27.873m
- Shares outstanding: 593.05m
- Website: https://www.bluechiip.com
Location
- Bluechiip Limited
- 1 Dalmore Drive
- Caribbean Business Park
- Scoresby
- Victoria
- 3179
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BCT | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jun 2011 |
| BCT | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jun 2011 |
| 1BL | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 2011 |
Biography
Bluechiip Limited develops and commercializes wireless tracking solutions for the healthcare and life science, security, defense, and manufacturing industries. The company offers Bluechiip products, such a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 07:07 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.