Briscoe Group Limited, together with its subsidiaries, engages in the retail of homeware and sporting goods in New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$7.14|
|52 Week High||NZ$4.03|
|52 Week Low||NZ$7.26|
|1 Month Change||2.44%|
|3 Month Change||25.26%|
|1 Year Change||75.43%|
|3 Year Change||113.13%|
|5 Year Change||95.08%|
|Change since IPO||402.82%|
Recent News & Updates
Briscoe Group (NZSE:BGP) Is Reinvesting At Lower Rates Of Return
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Are Investors Undervaluing Briscoe Group Limited (NZSE:BGP) By 44%?
How far off is Briscoe Group Limited ( NZSE:BGP ) from its intrinsic value? Using the most recent financial data, we'll...
Capital Allocation Trends At Briscoe Group (NZSE:BGP) Aren't Ideal
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Here's How We Evaluate Briscoe Group Limited's (NZSE:BGP) Dividend
Dividend paying stocks like Briscoe Group Limited ( NZSE:BGP ) tend to be popular with investors, and for good reason...
|BGP||NZ Specialty Retail||NZ Market|
Return vs Industry: BGP exceeded the NZ Specialty Retail industry which returned 46.9% over the past year.
Return vs Market: BGP exceeded the NZ Market which returned 4% over the past year.
Stable Share Price: BGP is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BGP's weekly volatility (3%) has been stable over the past year.
About the Company
Briscoe Group Limited, together with its subsidiaries, engages in the retail of homeware and sporting goods in New Zealand. The company operates through two segments, Homeware and Sporting Goods. It operates 88 retail stores, including 46 stores under the Briscoes Homeware brand; 1 store under the Living & Giving brand; and 41 stores under the Rebel Sport brand.
Briscoe Group Fundamentals Summary
|BGP fundamental statistics|
Is BGP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BGP income statement (TTM)|
|Cost of Revenue||NZ$417.31m|
Last Reported Earnings
Aug 01, 2021
Next Earnings Date
|Earnings per share (EPS)||0.42|
|Net Profit Margin||12.07%|
How did BGP perform over the long term?See historical performance and comparison
3.5%Current Dividend Yield
Is Briscoe Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BGP (NZ$7.14) is trading above our estimate of fair value (NZ$4.7)
Significantly Below Fair Value: BGP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BGP is poor value based on its PE Ratio (17.1x) compared to the NZ Specialty Retail industry average (14x).
PE vs Market: BGP is good value based on its PE Ratio (17.1x) compared to the NZ market (22.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BGP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BGP is overvalued based on its PB Ratio (5.6x) compared to the NZ Specialty Retail industry average (2.6x).
How is Briscoe Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if BGP's forecast earnings growth is above the savings rate (2.1%).
Earnings vs Market: Insufficient data to determine if BGP's earnings are forecast to grow faster than the NZ market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BGP's revenue (2.9% per year) is forecast to grow slower than the NZ market (5.2% per year).
High Growth Revenue: BGP's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BGP's Return on Equity is forecast to be high in 3 years time (30.2%)
How has Briscoe Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BGP has high quality earnings.
Growing Profit Margin: BGP's current net profit margins (12.1%) are higher than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: BGP's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: BGP's earnings growth over the past year (48.2%) exceeds its 5-year average (6.5% per year).
Earnings vs Industry: BGP earnings growth over the past year (48.2%) exceeded the Specialty Retail industry 20%.
Return on Equity
High ROE: BGP's Return on Equity (32.8%) is considered high.
How is Briscoe Group's financial position?
Financial Position Analysis
Short Term Liabilities: BGP's short term assets (NZ$201.3M) exceed its short term liabilities (NZ$105.7M).
Long Term Liabilities: BGP's short term assets (NZ$201.3M) do not cover its long term liabilities (NZ$265.1M).
Debt to Equity History and Analysis
Debt Level: BGP is debt free.
Reducing Debt: BGP has not had any debt for past 5 years.
Debt Coverage: BGP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BGP has no debt, therefore coverage of interest payments is not a concern.
What is Briscoe Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BGP's dividend (3.5%) is higher than the bottom 25% of dividend payers in the NZ market (2.41%).
High Dividend: BGP's dividend (3.5%) is low compared to the top 25% of dividend payers in the NZ market (4.82%).
Stability and Growth of Payments
Stable Dividend: BGP's dividend payments have been volatile in the past 10 years.
Growing Dividend: BGP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60%), BGP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BGP's dividends in 3 years are forecast to be covered by earnings (69.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Rodney Adrian Duke, also known as Rod, has been Group Managing Director of Briscoe Group Limited since 1991. From 1981 to 1988, Mr. Duke served in the positions of New South Wales Manager of Homecraft/...
CEO Compensation Analysis
Compensation vs Market: Rod's total compensation ($USD742.13K) is about average for companies of similar size in the NZ market ($USD672.97K).
Compensation vs Earnings: Rod's compensation has been consistent with company performance over the past year.
Experienced Management: BGP's management team is seasoned and experienced (12.2 years average tenure).
Experienced Board: BGP's board of directors are considered experienced (5.3 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Briscoe Group Limited's employee growth, exchange listings and data sources
- Name: Briscoe Group Limited
- Ticker: BGP
- Exchange: NZSE
- Founded: 1781
- Industry: Homefurnishing Retail
- Sector: Retail
- Market Cap: NZ$1.600b
- Shares outstanding: 222.56m
- Website: https://www.briscoegroup.co.nz
Number of Employees
- Briscoe Group Limited
- 1 Taylors Road
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/28 06:01|
|End of Day Share Price||2021/10/28 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.