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 listed in Australian Dollars. Bluescope Steel has a trailing 12-month revenue of around $11.3 billion.
How to buy shares in Bluescope Steel
- 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.
- 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.
- 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.
- 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.
- Decide on how many to buy. At today's price of $N/A, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- 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.
What's in this guide?
- Bluescope Steel key stats
- Compare share trading platforms
- Is Bluescope Steel stock a buy or sell?
- Bluescope Steel performance over time
- Is Bluescope Steel suitable for ethical investing?
- Are Bluescope Steel shares over-valued?
- Bluescope Steel's financials
- How volatile are Bluescope Steel shares?
- Does Bluescope Steel pay a dividend?
- Have Bluescope Steel shares ever split?
- Other common questions
Bluescope Steel share priceUse our graph to track the performance of BSL stocks over time.
Bluescope Steel shares at a glance
|52-week range||AUDA$8.03 - AUDA$16.09|
|50-day moving average||AUDA$12.6978|
|200-day moving average||AUDA$11.1935|
|Dividend yield||AUDA$0.16 (1.25%)|
|Earnings per share (TTM)||AUDA$0.189|
Standard brokerage - Australian shares
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- Brokerage - AU shares: From AUD 5 or 0.05%
- Brokerage - US shares: USD 0
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- Support - After hours: Yes
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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.
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 65x. In other words, Bluescope Steel shares trade at around 65x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Bluescope Steel's EBITDA
Bluescope Steel's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $928.8 million.
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||$11.3 billion|
|Operating margin TTM||4.54%|
|Gross profit TTM||$4.4 billion|
|Return on assets TTM||2.77%|
|Return on equity TTM||1.78%|
|Market capitalisation||$6.4 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: 38.47
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Bluescope Steel's overall score of 38.47 (as at 07/31/2020) is pretty weak – landing it in it in the 80th 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: 6.89/100
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
|Total ESG score||38.47|
|Total ESG percentile||79.92|
|Environmental score percentile||6|
|Social score percentile||6|
|Governance score percentile||6|
|Level of controversy||2|
Bluescope Steel share dividends
Dividend payout ratio: 70.11% of net profits
Recently Bluescope Steel has paid out, on average, around 70.11% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.25% 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 1.25% return on their shares, in the form of dividend payments. In Bluescope Steel's case, that would currently equate to about A$0.16 per share.
Bluescope Steel'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 7 September 2020 (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 $8.03 up to $16.09. A popular way to gauge a stock's volatility is its "beta".
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 1.6946. 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, Thailand, Indonesia, Malaysia, Vietnam, North America, and China. 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 under the Butler, Varco Pruden, EcoBuild, and PROBUILD brands. It serves customers in the 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.
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