How to buy Bluescope Steel (BSL) shares

Learn how to easily invest in Bluescope Steel shares.

BlueScope Steel Limited
AU: BSL - AUD
STEEL
A$21.63
- A$0.05 ( - 0.23%)

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BlueScope Steel Limited is a steel business based in Australia. Bluescope Steel shares (BSL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Bluescope Steel has a trailing 12-month revenue of around $12.9 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Bluescope Steel

  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 Bluescope Steel. Find the share by name or ticker symbol: BSL. 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 Bluescope Steel 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, 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 Bluescope Steel. 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.

Bluescope Steel stock price (ASX:BSL)

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

Bluescope Steel shares at a glance

Information last updated 2021-09-24.
52-week range$12.4938 - $25.8756
50-day moving average $23.8484
200-day moving average $21.945
Target price$27.72
PE ratio 9.2121
Dividend yield $0.31 (1.43%)
Earnings per share (TTM) $2.348

Compare share trading platforms

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.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
AUD $5
No
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
ThinkMarkets Share Trading
AUD $8
No
ASX shares
Limited-time offer: Get 10 free ASX trades ($0 brokerage) when you open a share trading account with ThinkMarkets(T&Cs apply).$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
AUD $11 or 0.1%
No
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
HSBC Online Share Trading
AUD $19.95
No
ASX shares, mFunds, ETFs, Bonds
Limited time offer: Get up to $100 in brokerage rebates on your first 5 trades when you sign up to a HSBC Online Share Trading account (T&Cs apply). Make trades online with brokerage fees starting from just $19.95 with an HSBC Online Share Trading account. Plus gain access to complimentary expert research, trading ideas and tools.
Bell Direct Share Trading
AUD $15
No
ASX shares, mFunds, ETFs
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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Compare up to 4 providers

Is it a good time to buy Bluescope Steel 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.

Bluescope Steel price performance over time

Historical closes compared with the last close of A$21.63

1 week (2021-09-17) -5.96%
1 month (2021-08-25) -12.82%
3 months (2021-06-25) -2.83%
6 months (2021-03-25) 15.98%
1 year (2020-09-25) 69.38%
2 years (2019-09-25) 80.55%
3 years (2018-09-25) 32.29%
5 years (2016-09-23) 179.10%

Is Bluescope Steel under- or over-valued?

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

Bluescope Steel's P/E ratio

Bluescope Steel's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Bluescope Steel shares trade at around 9x 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.

Bluescope Steel's EBITDA

Bluescope Steel's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.1 billion (£1.1 billion).

The EBITDA is a measure of a Bluescope Steel's overall financial performance and is widely used to measure a its profitability.

Bluescope Steel financials

Revenue TTM $12.9 billion
Operating margin TTM 13.14%
Gross profit TTM $5.5 billion
Return on assets TTM 8.58%
Return on equity TTM 17.07%
Profit margin 9.25%
Book value 15.145
Market capitalisation $10.9 billion

TTM: trailing 12 months

Bluescope Steel's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Bluescope Steel.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Bluescope Steel's total ESG risk score

Total ESG risk: 41.02

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Bluescope Steel's overall score of 41.02 (as at 12/31/2018) is pretty weak – landing it in it in the 81st percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Bluescope Steel is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Bluescope Steel's environmental score

Environmental score: 19.5/100

Bluescope Steel's environmental score of 19.5 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Bluescope Steel is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Bluescope Steel's social score

Social score: 15.58/100

Bluescope Steel's social score of 15.58 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Bluescope Steel is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Bluescope Steel's governance score

Governance score: 9.93/100

Bluescope Steel's governance score puts it squarely in the 6th percentile of companies rated in the same sector. That could suggest that Bluescope Steel is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Bluescope Steel's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Bluescope Steel scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Bluescope Steel has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

BlueScope Steel Limited was last rated for ESG on: 2019-01-01.

Total ESG score 41.02
Total ESG percentile 81.36
Environmental score 19.5
Environmental score percentile 6
Social score 15.58
Social score percentile 6
Governance score 9.93
Governance score percentile 6
Level of controversy 2

Bluescope Steel share dividends

13%

Dividend payout ratio: 13.48% of net profits

Recently Bluescope Steel has paid out, on average, around 13.48% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.43% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Bluescope Steel shareholders could enjoy a 1.43% return on their shares, in the form of dividend payments. In Bluescope Steel's case, that would currently equate to about A$0.31 per share.

While Bluescope Steel's payout ratio might seem low, this can signify that Bluescope Steel is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 6 September 2021 (the "ex-dividend date").

Have Bluescope Steel's shares ever split?

Bluescope Steel's shares were split on a 1:6 basis on 6 December 2012. So if you had owned 6 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Bluescope Steel shares – just the quantity. However, indirectly, the new 500% higher share price could have impacted the market appetite for Bluescope Steel shares which in turn could have impacted Bluescope Steel's share price.

Bluescope Steel share price volatility

Over the last 12 months, Bluescope Steel's shares have ranged in value from as little as $12.4938 up to $25.8756. A popular way to gauge a stock's volatility is its "beta".

BSL.AU volatility(beta: 1.38)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 Bluescope Steel's is 1.3808. This would suggest that Bluescope Steel's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Bluescope Steel overview

BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, New Zealand, Thailand, Indonesia, Malaysia, Vietnam, North America, the Pacific Islands, and Asia. The company operates through five segments: Australian Steel Products, North Star BlueScope Steel, Building Products Asia & North America, Buildings North America, and New Zealand & Pacific Islands. It offers steel slabs, plates, hot and cold rolled coils, coated and painted strip products, roof and wall claddings, and purlins and house framings under the LYSAGHT steel building products, COLORBOND steel, COLORSTEEL, ZINCALUME steel, GALVABOND steel, GALVASPAN steel, BlueScope Zacs, and SuperDyma brands. The company also provides engineered building solutions to industrial and commercial markets under the Butler, Varco Pruden, EcoBuild, and PROBUILD brands. It serves customers in the residential and non-residential building, and construction; manufacturing, automotive and transport, agricultural, and mining industries directly, as well as through a network of service centers and steel distribution businesses. The company was formerly known as BHP Steel Limited and changed its name to BlueScope Steel Limited in November 2003. BlueScope Steel Limited was founded in 1885 and is headquartered in Melbourne, Australia.

Bluescope Steel in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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