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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.43x16.81x19.42x4.95% 1.99B
40.16x15.49x16.17x5.18% 58.47B
17.14x23.77x28.68x3.36% 17.71B
9.48x12.56x15.4x5.26% 17.41B
20.66x17.3x25.75x4.8% 15.52B
11.17x14.11x16.79x4.93% 13.24B
9.84x21.96x29.68x2.85% 10.59B
29.39x11.4x17.89x3.75% 10.59B
16.3x12.84x19.53x5.83% 10.02B
27.89x7.34x11.76x5.75% 8.73B
Average 19.45x 15.36x 20.11x 4.66% 16.43B
Weighted average by Cap. 25.15x 15.71x 19.39x 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