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 2,841 - -
Change - -8.69% -6.68% 5.87% 1.73% 13.12% - -
Enterprise Value (EV) 1 3,178 2,943 2,783 3,213 3,293 3,535 3,590 3,618
Change - -7.41% -5.41% 15.43% 2.5% 7.34% 1.56% 0.78%
P/E 10.4x 5.14x 63.6x 12.7x 9.46x 12.5x 17.7x 17.2x
PBR 1.29x 1.01x 0.97x 0.91x 0.88x 0.93x 0.92x 0.89x
PEG - 0.1x -0.7x 0x 0.3x -0.8x -0.6x 5.63x
Capitalization / Revenue 18x 16.3x 14.7x 14.2x 12.4x 13.6x 13.1x 12.5x
EV / Revenue 20.9x 19.2x 17.6x 18.4x 16.2x 16.9x 16.6x 16x
EV / EBITDA 24.6x 22.9x 21.5x 22.2x 20x 19.5x 19x 18.3x
EV / EBIT 24.6x 22.9x 21.5x 22.2x 20x 19.5x 19x 18.3x
EV / FCF 27.7x 25.5x 25.4x - 34.9x 216x 31.1x 29.7x
FCF Yield 3.61% 3.92% 3.94% - 2.87% 0.46% 3.21% 3.37%
Dividend per Share 2 0.1829 0.1829 0.1829 0.1829 0.1865 0.1927 0.1961 0.2039
Rate of return 4.29% 4.7% 5.04% 5.29% 5.3% 4.92% 5% 5.2%
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% 88.8% 89.6%
Net sales 1 152.2 153.3 158.2 174.5 203.3 208.9 216.3 226.4
EBITDA 1 128.9 128.5 129.4 144.7 164.7 181.2 188.5 197.3
EBIT 1 128.9 128.5 129.4 144.7 164.7 180.8 188.7 197.9
Net income 1 263.2 486.6 36.69 180.2 265.6 254.8 190.4 196.1
Net Debt 1 441.6 443.7 451.6 744.3 781.7 693.9 749 776.9
Reference price 2 4.260 3.890 3.630 3.460 3.520 3.920 3.920 3.920
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.53x16.92x19.51x4.92% 1.98B
41.99x16.08x16.66x4.98% 61.27B
9.39x12.65x15.79x5.3% 17.1B
12.27x23.11x27.22x3.65% 16.34B
20.41x17.18x25.18x4.85% 15.22B
10.86x13.69x16.4x5.19% 12.38B
32.53x11.61x18.32x3.6% 10.89B
7.94x22.45x30.39x2.81% 10.65B
16.07x12.35x19.29x6.08% 9.71B
24.35x7.28x11.92x5.74% 8.75B
Average 18.83x 15.33x 20.07x 4.71% 16.43B
Weighted average by Cap. 25.63x 15.78x 19.33x 4.76%

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