BLUESCOPE STEEL LIMITED (BSL)
Share Price Analysis and Chart

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BSL - BLUESCOPE STEEL LIMITED

FNArena Sector : Steel & Scrap
Year End: June
GICS Industry Group : Materials
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

BlueScope Steel is an Australian manufacturer of coated and painted flat steel products for the construction and engineering sector. It was de-merged from BHP and listed in 2002.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$19.16

20 Mar
2023

-0.580

OPEN

$19.39

-2.94%

HIGH

$19.55

1,110,415

LOW

$19.15

TARGET
$18.617 -2.8% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
SGM .
FNARENA'S MARKET CONSENSUS FORECASTS
BSL: 1
Title FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx 571.5 204.3 xxx
DPS (cps) xxx 50.0 83.9 xxx
EPS Growth xxx 100.0% - 64.3% xxx
DPS Growth xxx 0.0% 67.7% xxx
PE Ratio xxx N/A 9.4 xxx
Dividend Yield xxx N/A 4.4% xxx
Div Pay Ratio(%) xxx 8.7% 41.1% xxx

Dividend yield today if purchased 3 years ago: 5.28%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 2.53

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: 24/02 - ex-div 25c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx571.5
DPS All xxxxxxxxxxxxxxx50.0
Sales/Revenue xxxxxxxxxxxxxxx18,990.9 M
Book Value Per Share xxxxxxxxxxxxxxx2,085.4
Net Operating Cash Flow xxxxxxxxxxxxxxx2,472.0 M
Net Profit Margin xxxxxxxxxxxxxxx14.78 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx32.24 %
Return on Invested Capital xxxxxxxxxxxxxxx29.53 %
Return on Assets xxxxxxxxxxxxxxx18.87 %
Return on Equity xxxxxxxxxxxxxxx32.24 %
Return on Total Capital xxxxxxxxxxxxxxx34.51 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx1,382.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

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

Citi

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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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Credit Suisse

21/02/2023

5

Downgrade to Underperform from Neutral

$14.40

-24.84%

BlueScope Steel's first half result was in line with guidance but second half guidance is below expectation. 

In 2021, Credit Suisse concluded there was no evidence Australian Steel Products was outperforming spreads over five years, while NorthStar had underperformed.

Strong realised pricing  and market share growth in Colorbond and other products in the interim led the broker to a rethink.

But on the first half result and second half guidance, Credit Suisse now suggests this may have been cyclical, not structural.

Target falls to $14.40 from $19.90, downgrade to Underperform from Neutral.

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

4

xxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

BSL STOCK CHART

FNArena News on BSL

1
Australian Broker Call *Extra* Edition – Mar 06, 2023

Mar 06 2023 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Mar 02, 2023

Mar 02 2023 - Daily Market Reports
3
Weekly Ratings, Targets, Forecast Changes – 24-02-23

Feb 27 2023 - Weekly Reports
4
Rudi’s View: M&A Targets – Who’s Next?

Feb 22 2023 - Rudi's View
5
FNArena Corporate Results Monitor – 21-02-2023

Feb 21 2023 - Australia

Latest Steel & Scrap News

1
BlueScope Steel Undervalued?

Nov 21 2022 - Australia
2
BlueScope Steel Committed To Emissions Targets

Sep 28 2022 - ESG Focus
3
BlueScope Steel Transforms US Operations

Apr 13 2022 - Australia
4
Sims Shines In The Scrap Yard

Feb 16 2022 - Australia
5
Positive Trends Should Galvanise Sims

Nov 11 2021 - Australia
6
ESG Focus: Forrest’s Green Steel Plan

Jun 02 2021 - ESG Focus
7
Steel Prices Still Underpinning BlueScope

Apr 28 2021 - Australia
8
Accelerating Demand For Scrap Drives Sims

Apr 20 2021 - Australia
9
BlueScope On Top Of The Housing Boom

Feb 01 2021 - Australia
10
Treasure Chest: Questioning BlueScope Steel Takeover Talk

Nov 24 2020 - Treasure Chest