Inactive Instrument

Financials BHP Group Plc London S.E.

Equities

BHP

GB00BH0P3Z91

Diversified Mining

Real-time Estimate Cboe Europe 11:30:00 2024-05-03 am EDT 5-day change 1st Jan Change
2,242 GBX +0.47% Intraday chart for BHP Group Plc -3.42% -5.77%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 139,218 116,017 169,397 143,969 151,748 140,649 - -
Enterprise Value (EV) 1 148,433 129,555 174,904 144,302 162,914 152,043 151,829 151,743
P/E ratio 18.1 x 15.7 x 16.3 x 4.67 x 11.8 x 19.2 x 10.8 x 11.8 x
Yield 4.6% 4.86% 8.27% 11.4% 5.67% 5.41% 5.42% 4.91%
Capitalization / Revenue 3.14 x 2.7 x 2.79 x 2.21 x 2.82 x 2.55 x 2.58 x 2.7 x
EV / Revenue 3.35 x 3.02 x 2.88 x 2.22 x 3.03 x 2.76 x 2.79 x 2.91 x
EV / EBITDA 6.41 x 5.87 x 4.68 x 3.55 x 5.83 x 5.31 x 5.31 x 5.51 x
EV / FCF 13.8 x 16.1 x 8.7 x 5.72 x 13.6 x 15.7 x 14.4 x 15.2 x
FCF Yield 7.24% 6.23% 11.5% 17.5% 7.35% 6.35% 6.95% 6.58%
Price to Book 3.17 x 2.61 x 3.59 x 3.2 x 3.41 x 3.18 x 2.88 x 2.71 x
Nbr of stocks (in thousands) 5,057,685 5,056,735 5,057,690 5,061,151 5,064,466 5,069,816 - -
Reference price 2 28.89 24.72 36.41 28.45 29.96 27.72 27.72 27.72
Announcement Date 8/19/19 8/17/20 8/17/21 8/15/22 8/21/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 44,288 42,931 60,817 65,098 53,817 55,169 54,457 52,098
EBITDA 1 23,158 22,071 37,379 40,634 27,956 28,638 28,592 27,520
EBIT 1 17,065 15,874 30,291 34,400 22,820 22,451 23,499 21,090
Operating Margin 38.53% 36.98% 49.81% 52.84% 42.4% 40.69% 43.15% 40.48%
Earnings before Tax (EBT) 1 15,049 13,510 24,601 33,137 21,401 17,386 21,485 20,018
Net income 1 8,306 7,956 11,304 30,900 12,921 7,866 13,245 12,766
Net margin 18.75% 18.53% 18.59% 47.47% 24.01% 14.26% 24.32% 24.5%
EPS 2 1.599 1.570 2.235 6.093 2.547 1.443 2.576 2.357
Free Cash Flow 1 10,748 8,066 20,114 25,215 11,968 9,659 10,556 9,989
FCF margin 24.27% 18.79% 33.07% 38.73% 22.24% 17.51% 19.38% 19.17%
FCF Conversion (EBITDA) 46.41% 36.55% 53.81% 62.05% 42.81% 33.73% 36.92% 36.3%
FCF Conversion (Net income) 129.4% 101.38% 177.94% 81.6% 92.62% 122.79% 79.7% 78.25%
Dividend per Share 2 1.330 1.200 3.010 3.250 1.700 1.499 1.501 1.361
Announcement Date 8/19/19 8/17/20 8/17/21 8/15/22 8/21/23 - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 9,215 13,538 5,507 333 11,166 11,393 11,179 11,093
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.3979 x 0.6134 x 0.1473 x 0.008195 x 0.3994 x 0.3978 x 0.391 x 0.4031 x
Free Cash Flow 1 10,748 8,066 20,114 25,215 11,968 9,659 10,556 9,989
ROE (net income / shareholders' equity) 17.7% 19% 31.7% 49.5% 28.9% 28.3% 28.2% 24.1%
ROA (Net income/ Total Assets) 8.57% 8.81% 15.9% 30.3% 13.2% 13.4% 14.6% 12.9%
Assets 1 96,886 90,306 71,047 102,047 98,231 58,546 90,611 98,642
Book Value Per Share 2 9.120 9.480 10.10 8.880 8.790 8.710 9.630 10.20
Cash Flow per Share 2 3.440 3.100 5.370 5.780 3.690 3.980 4.200 3.970
Capex 1 6,250 7,640 6,606 5,855 6,733 9,585 9,748 9,411
Capex / Sales 14.11% 17.8% 10.86% 8.99% 12.51% 17.37% 17.9% 18.06%
Announcement Date 8/19/19 8/17/20 8/17/21 8/15/22 8/21/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
27.72 USD
Average target price
30.7 USD
Spread / Average Target
+10.74%
Consensus