XASX
BFL
Market cap2.59bUSD
Jul 16, Last price
8.48AUD
1D
3.29%
1Q
16.16%
IPO
63.08%
Name
BSP Financial Group Ltd
Chart & Performance
Profile
BSP Financial Group Limited provides commercial banking and finance services to individual and corporate customers in Papua New Guinea, the Solomon Islands, the Fiji, the Cook Islands, Samoa, Tonga, Vanuatu, Cambodia, and Laos. The company's products and services include transaction, saving, solicitor's trust, foreign currency,and business cheque accounts, as well as term deposits; personal, home, personal asset, bridging, tailored business, commercial and residential property investment, construction development, and seasonal finance loans; debit cards; SME business loans; overdraft, asset financing, insurance premium funding, prioritized loan processing, safety deposit box, and electronic banking services; and online business banking services. It also offers FX payment, foreign currency notes, and tax clearance procedure services; documentary collection, trade refinance, and letters of credit; and fund management and life insurance business service. The company was formerly known as Bank of South Pacific Limited and changed its name to BSP Financial Group Limited in March 2021. BSP Financial Group Limited was founded in 1957 and is based in Port Moresby, Papua New Guinea.
Valuation
Title PGK in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 2,961,485 12.17% | 2,640,183 2.66% | 2,571,812 9.85% | |||||||
Cost of revenue | 439,171 | 571,826 | ||||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 2,961,485 | 2,201,012 | 1,999,986 | |||||||
NOPBT Margin | 100.00% | 83.37% | 77.77% | |||||||
Operating Taxes | 787,319 | 663,178 | 344,039 | |||||||
Tax Rate | 26.59% | 30.13% | 17.20% | |||||||
NOPAT | 2,174,166 | 1,537,834 | 1,655,947 | |||||||
Net income | 1,037,711 16.57% | 890,215 -17.65% | 1,081,069 0.54% | |||||||
Dividends | (712,684) | (831,616) | (788,906) | |||||||
Dividend yield | 22.90% | 32.84% | 34.46% | |||||||
Proceeds from repurchase of equity | (23) | |||||||||
BB yield | 0.00% | |||||||||
Debt | ||||||||||
Debt current | 279,816 | 532,061 | ||||||||
Long-term debt | 246,480 | |||||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 32,470,285 | 32,707,957 | (246,480) | |||||||
Net debt | (5,235,794) | (22,640,882) | (18,015,856) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,375,909 | (699,202) | 2,658,200 | |||||||
CAPEX | (135,381) | (74,798) | ||||||||
Cash from investing activities | 380,308 | (1,363,827) | (379,460) | |||||||
Cash from financing activities | (1,566,279) | 2,446,757 | ||||||||
FCF | 6,248,078 | 2,034,393 | 2,123,201 | |||||||
Balance | ||||||||||
Cash | 5,235,794 | 15,424,136 | 13,405,932 | |||||||
Long term investments | 7,496,562 | 5,388,465 | ||||||||
Excess cash | 5,087,720 | 22,788,689 | 18,665,806 | |||||||
Stockholders' equity | 4,653,066 | 4,243,330 | 4,013,053 | |||||||
Invested Capital | 32,470,285 | 32,987,773 | 30,409,112 | |||||||
ROIC | 6.64% | 4.85% | 5.75% | |||||||
ROCE | 7.98% | 5.91% | 5.81% | |||||||
EV | ||||||||||
Common stock shares outstanding | 467,220 | 467,220 | 467,223 | |||||||
Price | 6.66 22.88% | 5.42 10.61% | 4.90 14.75% | |||||||
Market cap | 3,111,685 22.88% | 2,532,332 10.61% | 2,289,393 14.75% | |||||||
EV | (2,089,375) | (20,107,849) | (15,725,736) | |||||||
EBITDA | 3,091,747 | 2,201,012 | 2,077,700 | |||||||
EV/EBITDA | ||||||||||
Interest | 118,097 | 89,936 | ||||||||
Interest/NOPBT | 5.37% | 4.50% |