How to buy Beacon Lighting Group (BLX) shares
Learn how to easily invest in Beacon Lighting Group shares.
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Beacon Lighting Group 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 in Australian dollars. Beacon Lighting Group has a trailing 12-month revenue of around $289.3 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Beacon Lighting Group
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- 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.
- 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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Beacon Lighting Group. Optimise your portfolio by tracking how your stock and 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 affect your stock.
What's in this guide?
- Beacon Lighting Group key stats
- Compare share trading platforms
- Is Beacon Lighting Group stock a buy or sell?
- Beacon Lighting Group performance over time
- Are Beacon Lighting Group shares over-valued?
- Beacon Lighting Group's financials
- How volatile are Beacon Lighting Group shares?
- Does Beacon Lighting Group pay a dividend?
- Other common questions
Beacon Lighting Group stock price (ASX:BLX)Use our graph to track the performance of BLX stocks over time.
Beacon Lighting Group shares at a glance
|52-week range||$1.5819 - $3.3331|
|50-day moving average||$2.2348|
|200-day moving average||$2.5134|
|Dividend yield||$0.089 (5%)|
|Earnings per share (TTM)||$0.171|
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We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
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. However, this is not a recommendation. 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
|1 week (2022-06-16)||0.86%|
|1 month (2022-05-26)||-10.20%|
|3 months (2022-03-25)||-35.53%|
|6 months (2021-12-24)||-43.77%|
|1 year (2021-06-25)||-5.38%|
|2 years (2020-06-26)||62.96%|
|3 years (2019-06-26)||62.21%|
|5 years (2017-06-26)||30.37%|
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 10x. In other words, Beacon Lighting Group shares trade at around 10x 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 $64.9 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||$289.3 million|
|Operating margin TTM||20.73%|
|Gross profit TTM||$198.2 million|
|Return on assets TTM||12.04%|
|Return on equity TTM||31.87%|
|Market capitalisation||$394.2 million|
TTM: trailing 12 months
Beacon Lighting Group share dividends
Dividend payout ratio: 52.35% of net profits
Recently Beacon Lighting Group has paid out, on average, around 52.35% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5% 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 5% return on their shares, in the form of dividend payments. In Beacon Lighting Group's case, that would currently equate to about A$0.089 per share.
Beacon Lighting Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 3 March 2022 (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 $1.5819 up to $3.3331. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Beacon Lighting Group's is 1.3156. 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 retails lighting products in Australia and internationally. The company designs, develops, sources, imports, distributes, merchandises, promotes, and sells light fittings, ceiling fans, and light globes, as well as energy products. It provides table and floor lamps, pendants, chandeliers, ceiling lights and fans, downlights, spotlights, bar lights, track lights, strips and cabinet lights, wall lights, bathroom lights, exteriors, LED lights, exhaust fans, bathroom heaters, wall fans, mammoth fans, air purifies, desk lights, garden lights, flush mounts, batten fixes, accessories, and solar panels. It operates the Lucci, LEDlux, and Fanaway brands. As of June 31, 2021, the company operates through its 113 stores and 2 franchised stores. It also offers its products online. Beacon Lighting Group Limited was founded in 1967 and is based in Mulgrave, Australia.
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Frequently asked questions
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