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Fletcher Building Limited is a building materials business based in Australia. Fletcher Building shares (FBU) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Fletcher Building has a trailing 12-month revenue of around $8.1 billion. If you're looking to buy shares, check out the steps below.
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| 52-week range | $3.671 - $7.4607 |
|---|---|
| 50-day moving average | $6.9528 |
| 200-day moving average | $6.9394 |
| Target price | $8.13 |
| PE ratio | 19.5376 |
| Dividend yield | $0.3 (4.5%) |
| Earnings per share (TTM) | $0.346 |
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.
Historical closes compared with the last close of A$6.76
| 1 week (2021-10-07) | 0.15% |
|---|---|
| 1 month (2021-09-17) | -7.14% |
| 3 months (2021-07-17) | -1.89% |
| 6 months (2021-04-16) | 1.20% |
| 1 year (2020-10-16) | 70.71% |
|---|---|
| 2 years (2019-10-17) | 51.91% |
| 3 years (2018-10-17) | 20.07% |
| 5 years (2016-10-17) | -27.63% |
Valuing Fletcher Building stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Fletcher Building's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Fletcher Building's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Fletcher Building shares trade at around 20x 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.
Fletcher Building's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.1511. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Fletcher Building's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Fletcher Building's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $831 million (£0.0 million).
The EBITDA is a measure of a Fletcher Building's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $8.1 billion |
|---|---|
| Operating margin TTM | 8.01% |
| Gross profit TTM | $2.3 billion |
| Return on assets TTM | 4.84% |
| Return on equity TTM | 8.68% |
| Profit margin | 3.76% |
| Book value | 4.598 |
| Market capitalisation | $5.6 billion |
TTM: trailing 12 months
Dividend payout ratio: 63.33% of net profits
Recently Fletcher Building has paid out, on average, around 63.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.22% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Fletcher Building shareholders could enjoy a 4.22% return on their shares, in the form of dividend payments. In Fletcher Building's case, that would currently equate to about A$0.3 per share.
Fletcher Building'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 25 August 2021 (the "ex-dividend date").
Fletcher Building's shares were split on a 2:1 basis on 12 November 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Fletcher Building shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Fletcher Building shares which in turn could have impacted Fletcher Building's share price.
Over the last 12 months, Fletcher Building's shares have ranged in value from as little as $3.671 up to $7.4607. 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 Fletcher Building's is 1.1649. This would suggest that Fletcher Building's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building products in New Zealand, Australia, and internationally. It operates through Building Products, Distribution, Concrete, Residential and Development, Construction, and Australia segments. The Building Products segment manufactures, markets, distributes, and sells building products used to build homes, buildings, and infrastructure, including insulations, plasterboards, laminate surfaces, and plastic and concrete piping for the commercial and residential markets. The Distribution segment distributes building, plumbing, and pipeline products under the PlaceMakers, Mico, and Forman Building Systems brands. The Concrete segment engages in the extraction of aggregates, and production of cement and concrete. The Residential and Development segment builds residential homes; and develops and sells residential and commercial land. The Construction segment builds and maintains public and commercial buildings, transport and utilities infrastructure, and buildings and infrastructure, as well as designs, constructs, and maintains roads and civil infrastructure. The Australia segment manufactures and distributes building materials, such as insulation, plasterboard, laminate surfaces, steel roofing, and plastic and concrete piping for a range of industries across Australia. It also operates approximately 225 retail sites. The company was founded in 1909 and is headquartered in Auckland, New Zealand.
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