BHP GROUP LIMITED (BHP)
Share Price Analysis and Chart

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BHP - BHP GROUP LIMITED

FNArena Sector : Bulks
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.83
Index: ASX20 | ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

BHP Group is an Anglo-Australian multinational bulks, metals and (soon to be) potash producer. BHP is Australia's largest company by market cap, representing circa 11% of the ASX200. As the Broken Hill Proprietary Co it was first listed in August 1885.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$45.09

18 Apr
2024

0.650

OPEN

$44.93

1.46%

HIGH

$45.42

8,702,905

LOW

$44.90

TARGET
$45.133

+0.12 change from previous day

 0.1% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
RIO .
FNARENA'S MARKET CONSENSUS FORECASTS
BHP: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 405.9 xxx
DPS (cps) 231.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 11.0 xxx
Dividend Yield 5.2% xxx
Div Pay Ratio(%) 56.9% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 5.58%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.94

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 07/03 - ex-div 110.02c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx379.3
DPS All xxxxxxxxxxxxxxx261.4
Sales/Revenue xxxxxxxxxxxxxxx80,007.7 M
Book Value Per Share xxxxxxxxxxxxxxx1,319.9
Net Operating Cash Flow xxxxxxxxxxxxxxx27,802.1 M
Net Profit Margin xxxxxxxxxxxxxxx24.01 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx29.06 %
Return on Invested Capital xxxxxxxxxxxxxxx21.94 %
Return on Assets xxxxxxxxxxxxxxx13.22 %
Return on Equity xxxxxxxxxxxxxxx29.06 %
Return on Total Capital xxxxxxxxxxxxxxx32.59 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-1,932.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx10,776 M
Long Term Debt xxxxxxxxxxxxxxx22,793 M
Total Debt xxxxxxxxxxxxxxx33,569 M
Goodwill - Gross xxxxxxxxxxxxxxx2,087 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx18,714 M
Price To Book Value xxxxxxxxxxxxxxx3.41

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx10,530.0 M
Capex % of Sales xxxxxxxxxxxxxxx13.16 %
Cost of Goods Sold xxxxxxxxxxxxxxx38,879 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx8,333 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx4,109 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

19/04/2024

3

Equal-weight

$47.00

4.24%

Morgan Stanley assesses a weak 3Q operationally for BHP Group. Management lowered met coal production guidance by -8%, while cost guidance worsened by -8% to US$122/t due to higher rainfall and suspension of production due to a fatality.

WA iron ore production missed forecasts by the broker and consensus by -3.3% and -1.9%, respectively, partly due to heavy rain and ramping-up of operations, note the analysts.

Morgan Stanley suggests a good finish to FY24 is required to meet both iron ore and copper guidance.

The Equal-weight rating and $47 target are maintained. Industry view is Attractive. Rio Tinto ((RIO)) is preferred by the broker because of better growth, a superior balance sheet and an improving operational performance.

FORECAST
Morgan Stanley forecasts a full year FY24 dividend of 223.78 cents and EPS of 403.41 cents.
Morgan Stanley forecasts a full year FY25 dividend of 228.34 cents and EPS of 453.65 cents.

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial
Access Stockbroker Research History >

BHP STOCK CHART

FNArena News on BHP

1
Rudi’s View: Shaky Sentiment Ahead Of Corporate Updates

Apr 17 2024 - Rudi's View
2
Next Week At A Glance – 15-19 Apr 2024

Apr 12 2024 - Weekly Reports
3
Material Matters: Pressure On Dividends, Steel & Iron Ore

Apr 04 2024 - Commodities
4
ESG Focus: Decarbonisation, Renewables & Cyber Crime

Apr 03 2024 - ESG Focus
5
Rudi’s View: Investor Worries, Gold, Westpac, and Conviction Buys

Apr 03 2024 - Rudi's View

Latest Bulks News

1
ESG Focus: Decarbonisation, Renewables & Cyber Crime

Apr 03 2024 - ESG Focus
2
Fortescue: Ready To Rally

Mar 26 2024 - Technicals
3
Better Times Ahead for New Hope?

Mar 20 2024 - Australia
4
Time To Buy BHP

Mar 12 2024 - Technicals
5
Rio Tinto: Rally Two Years In The Making

Dec 12 2023 - Technicals
6
ESG Focus: Grid Set To Enter An Iron Age

Sep 21 2023 - ESG Focus
7
Iron Ore: Uptrend

Sep 20 2023 - Technicals
8
ESG Focus: The Little Big Things – 14-09-2023 – IGO, Rio, BHP, Santos, Woodside

Sep 18 2023 - ESG Focus
9
Rudi Interviewed: Have Cash, Can Be Patient

Aug 10 2023 - Rudi's View
10
Organic And Inorganic Opportunities For Coronado

Jul 24 2023 - Australia