Balwin Properties Limited develops and sells residential properties in the low-to-middle market segments in South Africa. More Details
Mediocre balance sheet second-rate dividend payer.
Share Price & News
How has Balwin Properties's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BWN is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BWN's weekly volatility (6%) has been stable over the past year.
7 Day Return
ZA Real Estate
1 Year Return
ZA Real Estate
Return vs Industry: BWN exceeded the ZA Real Estate industry which returned 19.1% over the past year.
Return vs Market: BWN exceeded the ZA Market which returned 16.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Balwin Properties's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHave Insiders Been Selling Balwin Properties Limited (JSE:BWN) Shares?
2 months ago | Simply Wall StAre Dividend Investors Getting More Than They Bargained For With Balwin Properties Limited's (JSE:BWN) Dividend?
4 months ago | Simply Wall StIntroducing Balwin Properties (JSE:BWN), The Stock That Zoomed 120% In The Last Year
Is Balwin Properties 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: BWN (ZAR3.72) is trading above our estimate of fair value (ZAR2.9)
Significantly Below Fair Value: BWN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BWN is good value based on its PE Ratio (5.2x) compared to the ZA Real Estate industry average (12.6x).
PE vs Market: BWN is good value based on its PE Ratio (5.2x) compared to the ZA market (12.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BWN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BWN's PB Ratio (0.5x) is in line with the ZA Real Estate industry average.
How is Balwin Properties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Balwin Properties 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.
How has Balwin Properties performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BWN has high quality earnings.
Growing Profit Margin: BWN's current net profit margins (12.4%) are lower than last year (14.1%).
Past Earnings Growth Analysis
Earnings Trend: BWN's earnings have declined by 11.7% per year over the past 5 years.
Accelerating Growth: BWN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BWN had negative earnings growth (-18.3%) over the past year, making it difficult to compare to the Real Estate industry average (-18.3%).
Return on Equity
High ROE: BWN's Return on Equity (10.5%) is considered low.
How is Balwin Properties's financial position?
Financial Position Analysis
Short Term Liabilities: BWN's short term assets (ZAR5.3B) exceed its short term liabilities (ZAR1.8B).
Long Term Liabilities: BWN's short term assets (ZAR5.3B) exceed its long term liabilities (ZAR387.4M).
Debt to Equity History and Analysis
Debt Level: BWN's debt to equity ratio (59.4%) is considered high.
Reducing Debt: BWN's debt to equity ratio has increased from 16.7% to 59.4% over the past 5 years.
Debt Coverage: BWN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BWN earns more interest than it pays, so coverage of interest payments is not a concern.
What is Balwin Properties's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BWN's dividend (8.71%) is higher than the bottom 25% of dividend payers in the ZA market (2.74%).
High Dividend: BWN's dividend (8.71%) is in the top 25% of dividend payers in the ZA market (7.8%)
Stability and Growth of Payments
Stable Dividend: BWN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BWN has only been paying a dividend for 5 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (50%), BWN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Brookes (56 yo)
Mr. Stephen Volker Brookes, also known as Steve, has been the Chief Executive Officer and Executive Director of Balwin Properties Limited since January 1996 and since November 14, 2003 respectively. Mr. Br...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD830.12K) is above average for companies of similar size in the ZA market ($USD286.83K).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Experienced Management: BWN's management team is seasoned and experienced (9.2 years average tenure).
Experienced Board: BWN'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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Balwin Properties Limited's company bio, employee growth, exchange listings and data sources
- Name: Balwin Properties Limited
- Ticker: BWN
- Exchange: JSE
- Founded: 1996
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: R1.746b
- Shares outstanding: 469.25m
- Website: https://www.balwin.co.za
- Balwin Properties Limited
- Townsend Office Park
- Block 1
- South Africa
Balwin Properties Limited develops and sells residential properties in the low-to-middle market segments in South Africa. The company offers sectional title apartments. It also operates as a network infras...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/25 17:03|
|End of Day Share Price||2021/07/23 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.