Bluescope Steel 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 $17.1 billion. If you're looking to buy shares, check out the steps below.
To buy shares listed in Australia such as Bluescope Steel, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose or you can see our list of the best share trading platforms in Australia. Then follow these steps.
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| 52-week range | $17.0405 - $24.255 |
|---|---|
| 50-day moving average | $20.6234 |
| 200-day moving average | $21.8583 |
| Target price | $23.57 |
| PE ratio | 11.2067 |
| Dividend yield | $0.55 (2.99%) |
| Earnings per share (TTM) | $1.79 |
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.
Historical closes compared with the last close of A$20.06
| 1 week (2024-08-30) | -2.90% |
|---|---|
| 1 month (2024-08-07) | -0.10% |
| 3 months (2024-06-07) | -5.11% |
| 6 months (2024-03-07) | -9.56% |
| 1 year (2023-09-07) | -5.64% |
|---|---|
| 2 years (2022-09-07) | 27.12% |
| 3 years (2021-09-07) | -13.61% |
| 5 years (2019-09-06) | 56.96% |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Bluescope Steel shares trade at around 11x 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 (earnings before interest, taxes, depreciation and amortisation) is $1.9 billion (£0.0 million).
The EBITDA is a measure of a Bluescope Steel's overall financial performance and is widely used to measure stock profitability.
| Revenue TTM | $17.1 billion |
|---|---|
| Operating margin TTM | 7.07% |
| Gross profit TTM | $6.8 billion |
| Return on assets TTM | 5.16% |
| Return on equity TTM | 8.49% |
| Profit margin | 4.72% |
| Book value | 24.417 |
| Market capitalisation | $8.8 billion |
TTM: trailing 12 months
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.
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.).
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.
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.
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.
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.
Bluescope Steel Ltd 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 |
Dividend payout ratio: 28.01% of net profits
Recently Bluescope Steel has paid out, on average, around 28.01% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.99% 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 2.99% return on their shares, in the form of dividend payments. In Bluescope Steel's case, that would currently equate to about A$0.55 per share.
While Bluescope Steel's payout ratio might seem fairly standard, it's worth remembering that Bluescope Steel 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 9 September 2024 (the "ex-dividend date").
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 the split, the next day you would own 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.
Over the last 12 months, Bluescope Steel's shares have ranged in value from as little as $17.0405 up to $24.255. 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 Bluescope Steel's is 1.305. 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 Limited engages in the production and marketing of metal coated and painted steel building products in Australia, New Zealand, Asia, North America, and internationally. The company operates through five segments: Australian Steel Products, North Star BlueScope Steel, Buildings and Coated Products North America, Coated Products Asia, and New Zealand & Pacific Islands. The company offers coated and painted flat steel products, including zinc/aluminium alloy coated steel; galvanized and zinc/aluminium alloy coated pre-painted steel; and manufactures pipes and tubes. It is also involved in the supply of hot rolled coils; provision of engineered building solutions, such as coil paintings; and development of industrial properties, primarily warehouses and distribution centres. In addition, the company provides metal coating, painting, and steel building solutions; steel slabs, billets, plates, cold rolled coils, reinforcing coils, rods, wires, and bars, as well as value added coated and painted steel solutions; and operates ferrous and non-ferrous scrap metal recyclers. It offers its products under the COLORBOND, COLORSTEEL, TRUECORE, ZINCALUME, TRU-SPEC, LYSAGHT, FIELDERS, Orrcon Steel, BUTLER, and VARCO PRUDEN brand names for residential and non-residential building, construction, automotive, manufacturing, infrastructure, packaging, transport, agriculture, and mining industries. 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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