Company Valuation: BWP Trust

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,737 2,499 2,332 2,469 2,512 2,819 - -
Change - -8.69% -6.68% 5.87% 1.73% 12.25% - -
Enterprise Value (EV) 1 3,178 2,943 2,783 3,213 3,293 3,513 3,568 3,597
Change - -7.41% -5.41% 15.43% 2.5% 6.69% 1.57% 0.79%
P/E 10.4x 5.14x 63.6x 12.7x 9.46x 12.4x 17.6x 17.1x
PBR 1.29x 1.01x 0.97x 0.91x 0.88x 0.92x 0.91x 0.88x
PEG - 0.1x -0.7x 0x 0.3x -0.8x -0.6x 5.6x
Capitalization / Revenue 18x 16.3x 14.7x 14.2x 12.4x 13.5x 13x 12.4x
EV / Revenue 20.9x 19.2x 17.6x 18.4x 16.2x 16.8x 16.4x 15.8x
EV / EBITDA 24.6x 22.9x 21.5x 22.2x 20x 19.4x 18.9x 18.2x
EV / EBIT 24.6x 22.9x 21.5x 22.2x 20x 19.5x 18.9x 18.2x
EV / FCF 27.7x 25.5x 25.4x - 34.9x 215x 30.9x 29.5x
FCF Yield 3.61% 3.92% 3.94% - 2.87% 0.46% 3.23% 3.39%
Dividend per Share 2 0.1829 0.1829 0.1829 0.1829 0.1865 0.1927 0.1959 0.2037
Rate of return 4.29% 4.7% 5.04% 5.29% 5.3% 4.95% 5.04% 5.24%
EPS 2 0.4099 0.7575 0.0571 0.2729 0.3722 0.313 0.2209 0.2276
Distribution rate 44.6% 24.1% 320% 67% 50.1% 61.6% 88.7% 89.5%
Net sales 1 152.2 153.3 158.2 174.5 203.3 209.1 217.1 227.2
EBITDA 1 128.9 128.5 129.4 144.7 164.7 181 188.4 197.1
EBIT 1 128.9 128.5 129.4 144.7 164.7 180.6 188.6 197.7
Net income 1 263.2 486.6 36.69 180.2 265.6 254.8 190.4 196.1
Net Debt 1 441.6 443.7 451.6 744.3 781.7 694.2 749.3 777.3
Reference price 2 4.260 3.890 3.630 3.460 3.520 3.890 3.890 3.890
Nbr of stocks (in thousands) 642,384 642,384 642,384 713,511 713,511 724,733 - -
Announcement Date 03/08/21 02/08/22 01/08/23 13/08/24 04/08/25 - - -
1AUD in Million2AUD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.43x16.81x19.42x4.95% 1.99B
39.58x15.8x16.06x5.27% 58.56B
16.66x23.3x28.11x3.46% 17.28B
9.42x12.54x15.37x5.3% 17.3B
20.33x17.11x25.48x4.87% 15.29B
10.6x13.97x16.62x5.02% 12.99B
9.66x21.68x29.31x2.91% 10.41B
28.26x11.1x17.42x3.9% 10.18B
15.99x12.21x18.99x6.02% 9.8B
26.92x7.23x11.58x5.96% 8.42B
Average 18.98x 15.17x 19.83x 4.77% 16.22B
Weighted average by Cap. 24.74x 15.66x 19.12x 4.86%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield