XASXBWP
Market cap1.51bUSD
Dec 23, Last price
3.39AUD
1D
0.59%
1Q
-9.84%
Jan 2017
13.38%
Name
BWP Trust
Chart & Performance
Profile
Established and listed on the Australian Securities Exchange (ASX) in 1998 (see prospectus), BWP Trust (BWP or the Trust) is a real estate investment trust investing in and managing commercial properties throughout Australia. The majority of the Trust's properties are large format retailing properties, in particular, Bunnings Warehouses, leased to Bunnings Group Limited (Bunnings). Bunnings is the leading retailer of home improvement and outdoor living products in Australia and New Zealand, and a major supplier to project builders, commercial trades people, and the housing industry. Full details on the Trust's property portfolio can be found in the Our Properties section of this website. The Trust is managed by an external responsible entity, BWP Management Limited (the responsible entity) which is appointed under the Trust's constitution and operates under an Australian Financial Services Licence. The responsible entity is committed to managing the Trust solely and is paid an annual fee based on the gross assets of the Trust. Both Bunnings and the responsible entity are wholly-owned subsidiaries of Wesfarmers Limited (Wesfarmers), one of Australia's largest listed companies. Wesfarmers also owns approximately 24.75 per cent of the issued units in the Trust.
IPO date
Sep 16, 1998
Employees
0
Domiciled in
AU
Incorporated in
AU
Valuation
Title AUD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑06 | 2023‑06 | 2022‑06 | 2021‑06 | 2020‑06 | 2019‑06 | 2018‑06 | 2017‑06 | 2016‑06 | 2015‑06 | |
Income | ||||||||||
Revenues | 174,460 10.31% | 158,156 3.19% | 153,266 0.67% | |||||||
Cost of revenue | 28,865 | 27,050 | 23,886 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 145,595 | 131,106 | 129,380 | |||||||
NOPBT Margin | 83.45% | 82.90% | 84.42% | |||||||
Operating Taxes | 827 | 128,478 | ||||||||
Tax Rate | 0.63% | 99.30% | ||||||||
NOPAT | 145,595 | 130,279 | 902 | |||||||
Net income | 180,222 391.16% | 36,693 -92.46% | 486,637 84.91% | |||||||
Dividends | (117,492) | (117,492) | (117,492) | |||||||
Dividend yield | 5.14% | 5.04% | 4.70% | |||||||
Proceeds from repurchase of equity | (6,147) | |||||||||
BB yield | 0.27% | |||||||||
Debt | ||||||||||
Debt current | 72,837 | 71,284 | ||||||||
Long-term debt | 771,599 | 468,473 | 452,700 | |||||||
Deferred revenue | 8,350 | 7,024 | ||||||||
Other long-term liabilities | 75,854 | |||||||||
Net debt | 744,299 | 524,138 | 512,129 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 128,763 | 119,752 | 111,036 | |||||||
CAPEX | ||||||||||
Cash from investing activities | (23,139) | (10,153) | 4,350 | |||||||
Cash from financing activities | (95,156) | (104,622) | (136,599) | |||||||
FCF | (396,689) | 186,188 | (453,485) | |||||||
Balance | ||||||||||
Cash | 27,300 | 16,832 | 11,855 | |||||||
Long term investments | 340 | |||||||||
Excess cash | 18,577 | 9,264 | 4,192 | |||||||
Stockholders' equity | 2,707,550 | 2,405,880 | 2,486,339 | |||||||
Invested Capital | 3,460,572 | 3,015,415 | 3,089,009 | |||||||
ROIC | 4.50% | 4.27% | 0.03% | |||||||
ROCE | 4.18% | 4.46% | 4.29% | |||||||
EV | ||||||||||
Common stock shares outstanding | 660,306 | 642,384 | 642,384 | |||||||
Price | 3.46 -4.68% | 3.63 -6.68% | 3.89 -8.69% | |||||||
Market cap | 2,284,657 -2.02% | 2,331,853 -6.68% | 2,498,873 -8.69% | |||||||
EV | 3,028,956 | 2,855,991 | 3,011,002 | |||||||
EBITDA | 145,595 | 131,106 | 129,380 | |||||||
EV/EBITDA | 20.80 | 21.78 | 23.27 | |||||||
Interest | 25,444 | 16,719 | 12,987 | |||||||
Interest/NOPBT | 17.48% | 12.75% | 10.04% |