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Bell Equipment JSE:BEL Stock Report

Last Price

R37.98

Market Cap

R3.6b

7D

-1.3%

1Y

65.9%

Updated

23 Dec, 2024

Data

Company Financials

Bell Equipment Limited

JSE:BEL Stock Report

Market Cap: R3.6b

BEL Stock Overview

Manufactures, distributes, and supports a range of materials handling equipment in South Africa, Europe, Rest of Africa, and internationally. More details

BEL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 95.2% below our estimate of its fair value

Earnings grew by 27.3% over the past year

Risk Analysis

Significant insider selling over the past 3 months


My Notes

Capture your thoughts, links and company narrative

Bell Equipment Limited Competitors

Invicta Holdings

JSE:IVT

R3.2b

Hudaco Industries

JSE:HDC

R5.8b

Raubex Group

JSE:RBX

R9.5b

Aveng

JSE:AEG

R1.5b

Price History & Performance

Summary of share price highs, lows and changes for Bell Equipment
Historical stock prices
Current Share PriceR37.98
52 Week HighR51.90
52 Week LowR22.50
Beta0.36
1 Month Change-7.12%
3 Month Change-15.60%
1 Year Change65.85%
3 Year Change211.06%
5 Year Change310.59%
Change since IPO507.68%

Recent News & Updates

Recent updates

Is Now The Time To Put Bell Equipment (JSE:BEL) On Your Watchlist?

Sep 13
Is Now The Time To Put Bell Equipment (JSE:BEL) On Your Watchlist?

Bell Equipment Limited's (JSE:BEL) Share Price Boosted 67% But Its Business Prospects Need A Lift Too

Aug 10
Bell Equipment Limited's (JSE:BEL) Share Price Boosted 67% But Its Business Prospects Need A Lift Too

There's Been No Shortage Of Growth Recently For Bell Equipment's (JSE:BEL) Returns On Capital

Jul 17
There's Been No Shortage Of Growth Recently For Bell Equipment's (JSE:BEL) Returns On Capital

Bell Equipment Limited's (JSE:BEL) Business And Shares Still Trailing The Market

Jun 26
Bell Equipment Limited's (JSE:BEL) Business And Shares Still Trailing The Market

Here's Why Bell Equipment (JSE:BEL) Has Caught The Eye Of Investors

Apr 26
Here's Why Bell Equipment (JSE:BEL) Has Caught The Eye Of Investors

We Ran A Stock Scan For Earnings Growth And Bell Equipment (JSE:BEL) Passed With Ease

Sep 09
We Ran A Stock Scan For Earnings Growth And Bell Equipment (JSE:BEL) Passed With Ease

Is Bell Equipment (JSE:BEL) A Risky Investment?

Nov 03
Is Bell Equipment (JSE:BEL) A Risky Investment?

Bell Equipment (JSE:BEL) Is Looking To Continue Growing Its Returns On Capital

Aug 23
Bell Equipment (JSE:BEL) Is Looking To Continue Growing Its Returns On Capital

Returns At Bell Equipment (JSE:BEL) Appear To Be Weighed Down

Feb 12
Returns At Bell Equipment (JSE:BEL) Appear To Be Weighed Down

Returns On Capital At Bell Equipment (JSE:BEL) Have Stalled

Oct 04
Returns On Capital At Bell Equipment (JSE:BEL) Have Stalled

We Think Bell Equipment Limited's (JSE:BEL) CEO Compensation Package Needs To Be Put Under A Microscope

Jun 12
We Think Bell Equipment Limited's (JSE:BEL) CEO Compensation Package Needs To Be Put Under A Microscope

Returns On Capital At Bell Equipment (JSE:BEL) Paint A Concerning Picture

Jun 02
Returns On Capital At Bell Equipment (JSE:BEL) Paint A Concerning Picture

Does Bell Equipment (JSE:BEL) Have A Healthy Balance Sheet?

Apr 28
Does Bell Equipment (JSE:BEL) Have A Healthy Balance Sheet?

Bell Equipment (JSE:BEL) Shareholders Have Enjoyed A 45% Share Price Gain

Mar 17
Bell Equipment (JSE:BEL) Shareholders Have Enjoyed A 45% Share Price Gain

Is Bell Equipment (JSE:BEL) Using Too Much Debt?

Dec 01
Is Bell Equipment (JSE:BEL) Using Too Much Debt?

Shareholder Returns

BELZA MachineryZA Market
7D-1.3%-1.2%-2.7%
1Y65.9%11.3%11.4%

Return vs Industry: BEL exceeded the ZA Machinery industry which returned 11.3% over the past year.

Return vs Market: BEL exceeded the ZA Market which returned 11.4% over the past year.

Price Volatility

Is BEL's price volatile compared to industry and market?
BEL volatility
BEL Average Weekly Movement3.8%
Machinery Industry Average Movement6.4%
Market Average Movement4.2%
10% most volatile stocks in ZA Market9.0%
10% least volatile stocks in ZA Market2.5%

Stable Share Price: BEL has not had significant price volatility in the past 3 months compared to the ZA market.

Volatility Over Time: BEL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1954n/aAshley Bellwww.bellequipment.com

Bell Equipment Limited manufactures, distributes, and supports a range of materials handling equipment in South Africa, Europe, Rest of Africa, and internationally. The company offers articulated dump trucks (ADT); backhoe loaders; kobelco and JCB excavators; motor graders; telescopic handlers; wheel and skid steel loaders; single drum and tandem asphalt rollers; rough terrain and bell forklifts; tracked carriers; underground mining trucks; and underground rockscalers for mining and construction sector. It also provides cone crushers, conveyors, impact and jaw crushers, and screens for crushing and screens; articulated tractors, attachments, container trucks, custom load bodies, hooklift trucks, versa trucks, and water tankers for application equipment; mini excavators, loadalls, cane loaders, cane pro, haulage tractors, slew loaders and versalifts for agriculture sector; and forklifts, haulage tractors, loggers, and timber trucks, as well as LogPro and skogger for forestry sector.

Bell Equipment Limited Fundamentals Summary

How do Bell Equipment's earnings and revenue compare to its market cap?
BEL fundamental statistics
Market capR3.63b
Earnings (TTM)R743.89m
Revenue (TTM)R13.89b

4.9x

P/E Ratio

0.3x

P/S Ratio

Is BEL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BEL income statement (TTM)
RevenueR13.89b
Cost of RevenueR11.00b
Gross ProfitR2.89b
Other ExpensesR2.15b
EarningsR743.89m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Mar 28, 2025

Earnings per share (EPS)7.78
Gross Margin20.82%
Net Profit Margin5.36%
Debt/Equity Ratio29.4%

How did BEL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 22:21
End of Day Share Price 2024/12/23 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bell Equipment Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul RossAfrifocus Securities (Pty) Ltd.
Julian Benjamin WentzelMacquarie Research
John ArronRencap Securities (Pty) Limited