Bingo Industries Limited, together with its subsidiaries, provides waste management solutions for domestic and commercial businesses in Australia.
Solid track record and good value.
Share Price & News
How has Bingo Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BI6's share price has been volatile over the past 3 months.
7 Day Return
DE Commercial Services
1 Year Return
DE Commercial Services
Return vs Industry: BI6 exceeded the German Commercial Services industry which returned -31.6% over the past year.
Return vs Market: BI6 exceeded the German Market which returned -17.5% over the past year.
Price Volatility Vs. Market
How volatile is Bingo Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Bingo Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BI6 (€1.05) is trading below our estimate of fair value (€2.07)
Significantly Below Fair Value: BI6 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BI6 is good value based on its PE Ratio (26.2x) compared to the Commercial Services industry average (95.5x).
PE vs Market: BI6 is poor value based on its PE Ratio (26.2x) compared to the German market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: BI6 is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: BI6 is good value based on its PB Ratio (1.5x) compared to the DE Commercial Services industry average (2.5x).
How is Bingo Industries forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BI6's forecast earnings growth (14.4% per year) is above the savings rate (-0.4%).
Earnings vs Market: BI6's earnings (14.4% per year) are forecast to grow faster than the German market (14.4% per year).
High Growth Earnings: BI6's earnings are forecast to grow, but not significantly.
Revenue vs Market: BI6's revenue (8.4% per year) is forecast to grow faster than the German market (4.1% per year).
High Growth Revenue: BI6's revenue (8.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BI6's Return on Equity is forecast to be low in 3 years time (9.3%).
How has Bingo Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BI6 has high quality earnings.
Growing Profit Margin: BI6's current net profit margins (10.2%) are higher than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: BI6's earnings have grown significantly by 23.4% per year over the past 5 years.
Accelerating Growth: BI6's earnings growth over the past year (40.3%) exceeds its 5-year average (23.4% per year).
Earnings vs Industry: BI6 earnings growth over the past year (40.3%) exceeded the Commercial Services industry 10.4%.
Return on Equity
High ROE: BI6's Return on Equity (5.6%) is considered low.
How is Bingo Industries's financial position?
Financial Position Analysis
Short Term Liabilities: BI6's short term assets (A$138.2M) exceed its short term liabilities (A$106.6M).
Long Term Liabilities: BI6's short term assets (A$138.2M) do not cover its long term liabilities (A$419.1M).
Debt to Equity History and Analysis
Debt Level: BI6's debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BI6's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BI6's debt is well covered by operating cash flow (29%).
Interest Coverage: BI6's interest payments on its debt are well covered by EBIT (6.3x coverage).
Inventory Level: BI6 has a high level of physical assets or inventory.
Debt Coverage by Assets: BI6's debt is not covered by short term assets (assets are 0.4x debt).
What is Bingo Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BI6's dividend (1.92%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: BI6's dividend (1.92%) is low compared to the top 25% of dividend payers in the German market (4.97%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, BI6 has been paying a dividend for less than 10 years.
Growing Dividend: BI6's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.9%), BI6's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BI6's dividends in 3 years are forecast to be well covered by earnings (42.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Daniel Tartak has been the Chief Executive Officer of Bingo Industries Limited since July 2015 and has been its Managing Director and Executive Director since March 03, 2017. Mr. Tartak has experience ...
CEO Compensation Analysis
Compensation vs Market: Daniel's total compensation ($USD709.07K) is below average for companies of similar size in the German market ($USD1.34M).
Compensation vs Earnings: Daniel's compensation has increased by more than 20% in the past year.
|MD, CEO & Executive Director||4.75yrs||AU$1.15m||19.82% A$137.5m|
|Chief Financial Officer||0.42yr||AU$640.99k||0.044% A$304.4k|
|Chief Executive of Victoria||no data||AU$537.49k||0.012% A$80.8k|
|Chief Executive of B&D NSW||1.25yrs||AU$332.46k||no data|
|Chief Information Officer||no data||no data||no data|
|General Manager of Strategy & Investor Relations||no data||no data||no data|
|General Counsel & Joint Company Secretary||no data||no data||no data|
|General Manger of Marketing||no data||no data||no data|
|Chief People & Culture Officer||no data||no data||no data|
|Chief Safety||no data||no data||no data|
Experienced Management: BI6's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
|MD, CEO & Executive Director||4.75yrs||AU$1.15m||19.82% A$137.5m|
|Independent Non-Executive Director||3.08yrs||AU$131.43k||0.013% A$90.2k|
|Non-Executive Director||0.50yr||no data||0.00061% A$4.2k|
|Independent Non Executive Chairman||no data||AU$197.50k||0.031% A$214.6k|
|Non-Executive Director||3.08yrs||AU$159.32k||0.0085% A$58.9k|
|Non-Executive Director||1.08yrs||AU$27.50k||11.82% A$82.0m|
|Independent Non-Executive Director||1.75yrs||AU$107.85k||0.018% A$127.3k|
Experienced Board: BI6's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BI6 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 36%.
Bingo Industries Limited's company bio, employee growth, exchange listings and data sources
- Name: Bingo Industries Limited
- Ticker: BI6
- Exchange: DB
- Founded: 2017
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: AU$1.242b
- Listing Market Cap: AU$693.479m
- Shares outstanding: 653.81m
- Website: https://www.bingoindustries.com.au
Number of Employees
- Bingo Industries Limited
- 305 Parramatta Road
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BIN||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||May 2017|
|BIN||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||May 2017|
|BI6||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||May 2017|
Bingo Industries Limited, together with its subsidiaries, provides waste management solutions for domestic and commercial businesses in Australia. It operates through three segments: Collections, Post Collections, and Other. It collects and transports building, demolition, industrial, and commercial waste from customers to post-collection facilities; and provides bins on hire. The company also diverts waste from landfill by sorting and processing mixed waste received from customers to be reused, recycled, or sent to other facilities for further processing; and manufactures and supplies bins. It operates through a network of 15 sites in New South Wales (NSW); and truck fleet of approximately 350 trucks in NSW and Victoria. Bingo Industries Limited was incorporated in 2017 and is based in Auburn, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 02:54|
|End of Day Share Price||2020/03/31 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.