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How to buy Beacon Lighting Group shares | A$1.26

Own Beacon Lighting Group shares in just a few minutes.

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Beacon Lighting Group Limited is a specialty retail business based in Australia. Beacon Lighting Group shares (BLX) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1.26 – an increase of 2.02% over the previous week. Beacon Lighting Group has a trailing 12-month revenue of around $253.3 million.

How to buy shares in Beacon Lighting Group

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Beacon Lighting Group. Find the share by name or ticker symbol: BLX. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Beacon Lighting Group reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price of $1.26, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Beacon Lighting Group. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Beacon Lighting Group's share price?

Since the stock market crash in March caused by coronavirus, Beacon Lighting Group's share price has had significant positive movement.

Its last market close was $1.26, which is 15.87% up on its pre-crash value of $1.06 and 223.08% up on the lowest point reached during the March crash when the shares fell as low as $0.39.

If you had bought $1,000 worth of Beacon Lighting Group shares at the start of February 2020, those shares would have been worth $419.05 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,200.00.

Beacon Lighting Group share price

Use our graph to track the performance of BLX stocks over time.

Beacon Lighting Group shares at a glance

Information last updated 2020-09-15.
Latest market closeAUDA$1.26
52-week rangeAUDA$0.39 - AUDA$1.4
50-day moving average AUDA$1.2053
200-day moving average AUDA$0.9396
Target priceAUDA$1.46
PE ratio 11.9802
Dividend yield AUDA$0.05 (3.9%)
Earnings per share (TTM) AUDA$0.101

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
AUD 5
No
ASX shares
Trade ASX stocks and ETFs with a flat $5 brokerage fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
ThinkMarkets Share Trading
AUD 8
No
ASX shares, ETFs
Fast sign-up: Start trading in just a few minutes
Switch between your ASX share trading account and your forex account on your mobile and access some of the lowest brokerage fees on the market with a flat $8 commission (until $200,000).
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
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Is it a good time to buy Beacon Lighting Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Beacon Lighting Group price performance over time

Historical closes compared with the last close of A$1.26

1 week (2020-09-14) 2.44%
1 month (2020-08-21) -3.08%
3 months (2020-06-19) 12.50%
6 months (2020-03-20) 121.05%
1 year (2019-09-20) 9.57%
2 years (2018-09-21) -10.64%
3 years (2017-09-21) -13.10%
5 years (2015-09-21) -34.03%

Is Beacon Lighting Group under- or over-valued?

Valuing Beacon Lighting Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Beacon Lighting Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Beacon Lighting Group's P/E ratio

Beacon Lighting Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Beacon Lighting Group shares trade at around 12x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Beacon Lighting Group's EBITDA

Beacon Lighting Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $34.7 million (£0.0 million).

The EBITDA is a measure of a Beacon Lighting Group's overall financial performance and is widely used to measure a its profitability.

Beacon Lighting Group financials

Revenue TTM $253.3 million
Operating margin TTM 11.96%
Gross profit TTM $162.3 million
Return on assets TTM 8.76%
Return on equity TTM 26.12%
Profit margin 8.77%
Book value 0.393
Market capitalisation $273.6 million

TTM: trailing 12 months

Beacon Lighting Group share dividends

46%

Dividend payout ratio: 45.54% of net profits

Recently Beacon Lighting Group has paid out, on average, around 45.54% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.9% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Beacon Lighting Group shareholders could enjoy a 3.9% return on their shares, in the form of dividend payments. In Beacon Lighting Group's case, that would currently equate to about A$0.05 per share.

While Beacon Lighting Group's payout ratio might seem fairly standard, it's worth remembering that Beacon Lighting Group may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 3 September 2020 (the "ex-dividend date").

Beacon Lighting Group share price volatility

Over the last 12 months, Beacon Lighting Group's shares have ranged in value from as little as $0.39 up to $1.4. A popular way to gauge a stock's volatility is its "beta".

BLX.AU volatility(beta: 1.43)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Beacon Lighting Group's is 1.4289. This would suggest that Beacon Lighting Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Beacon Lighting Group overview

Beacon Lighting Group Limited operates as a specialist retailer of lighting products in Australia and internationally. It designs, develops, sources, imports, distributes, merchandises, promotes, and sells light fittings, ceiling fans, and light globes, as well as energy products. The company's products include pendants, table lamps, floor lamps, ceiling fans, chandeliers, exteriors, globes, down lights, wall lights, spotlights, bathroom lighting products, batten fixes, flush mounts, accessories, and solar panels. It serves middle to upper residential lighting market. The company operates through a network of 106 company stores, 4 franchised stores, and 4 commercial sales offices. It also offers its products online. Beacon Lighting Group Limited was founded in 1967 and is based in Mulgrave, Australia.

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