Bapcor Ltd (BAP) AI Stock Analysis

• Market Cap: €1.08B
• Dividend Yield: 4.26%
• Average Volume (3M): 1.16M
• Price to Earnings (P/E): 38.2
• Beta (1Y): 1.38
• Revenue Growth: -3.00%
• EPS Growth: N/A
• Country: AU
• Employees: 5,400
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 0.10
• Shares Outstanding: 339,412,500
• 10 Day Avg. Volume: 1,054,886
• 30 Day Avg. Volume: 1,158,987
• PEG Ratio: -0.52
• Price to Book (P/B): 2.01
• Price to Sales (P/S): 0.87
• P/FCF Ratio: 17.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €3.80
• Price Target Upside: 19.87% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 8

• Rating: 46 Neutral
• Price Target: AU$3.00 ▼(-5.36% Downside)

Bapcor Ltd's overall stock score reflects significant challenges in financial performance and technical analysis. The company's declining revenue and profit margins, along with bearish technical indicators, weigh heavily on the score. High valuation metrics further contribute to the cautious outlook, despite a reasonable dividend yield.

Bapcor Ltd Business Overview & Revenue Model

Company Description

Bapcor Limited sells and distributes vehicle parts, accessories, automotive equipment, and services and solutions in Australia, New Zealand, and Thailand. The company operates through four segments: Bapcor Trade, Bapcor Specialist Wholesale, Bapcor Retail, and Bapcor NZ. The Bapcor Trade segment offers automotive aftermarket parts and consumables to trade workshops for the service and repair of passenger and commercial vehicles; automotive workshop equipment, such as vehicle hoists and scanning equipment, including the servicing of the equipment; and automotive accessories and maintenance products to do-it-yourself vehicle owners. As of June 30, 2022, it operated 210 stores. The Bapcor Specialist Wholesale segment engages in the automotive aftermarket wholesale of brake, bearing, electrical, suspension, 4WD, cooling, diesel, and engine control systems and parts for light and heavy commercial vehicles. The Bapcor Retail segment operates 404 company owned and franchise stores comprising 136 Autobarn stores, 94 Autopro stores, 108 Midas and ABS stores, and 66 Opposite Lock stores. Bapcor NZ segment is involved in the wholesale of batteries, steering and suspension products, auto electrical and precision equipment, and vehicle workshop equipment; and diesel distribution activities. This segment also supplies automotive parts and accessories to workshops, trucks, and trailer parts through the Truck and Trailer Parts brand. It operates through a network of 76 stores in 88 locations, as well as 130 Battery Town and shock Shop locations. The company was formerly known as Burson Group Limited and changed its name to Bapcor Limited in July 2016. Bapcor Limited was founded in 1971 and is based in Melbourne, Australia.

How the Company Makes Money

Bapcor generates revenue primarily through the sale of automotive parts and accessories across its various business segments. The trade segment, which serves professional mechanics and workshops, represents a significant portion of its revenue, as these customers typically make bulk purchases of high-margin products. The retail segment, which targets individual consumers, contributes through direct sales in physical stores and online platforms. Bapcor also earns revenue from its wholesale operations by supplying parts to other retailers and workshops. Key revenue streams include sales from branded products, private label items, and exclusive partnerships with major automotive manufacturers. Additionally, Bapcor benefits from economies of scale, a strong brand presence, and a growing consumer preference for vehicle maintenance and repair, all of which support its earnings growth.

Bapcor Ltd Financial Statement Overview

Summary

Bapcor Ltd faces challenges in maintaining profitability and growth. The income statement shows stable gross profit margins but declining net profit margins and revenue growth. The balance sheet indicates moderate financial stability with manageable leverage but reduced return on equity. Cash flow constraints are evident with declining free cash flow growth.

Income Statement

Bapcor Ltd's income statement shows a mixed performance. The gross profit margin is stable, indicating consistent cost management. However, the net profit margin is low, reflecting challenges in converting revenue into profit. Revenue growth has been negative recently, suggesting potential market or operational challenges. The EBIT and EBITDA margins have also declined, indicating pressure on operating efficiency.

Balance Sheet

The balance sheet reflects moderate financial stability. The debt-to-equity ratio is reasonable, suggesting manageable leverage levels. However, the return on equity has decreased significantly, indicating reduced profitability for shareholders. The equity ratio is stable, showing a balanced asset structure.

Cash Flow

Cash flow analysis reveals concerns with declining free cash flow growth, which may impact future investments or debt repayments. The operating cash flow to net income ratio is moderate, indicating some efficiency in cash generation. However, the free cash flow to net income ratio has decreased, highlighting potential cash flow constraints.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.98B	1.98B	2.04B	2.02B	1.84B	1.76B
Gross Profit	895.23M	895.23M	923.60M	400.40M	377.77M	353.93M
EBITDA	116.68M	116.68M	-28.49M	272.06M	285.63M	271.85M
Net Income	28.14M	28.14M	-158.31M	106.45M	125.76M	118.77M
Balance Sheet
Total Assets	1.83B	1.83B	1.90B	2.21B	2.09B	1.87B
Cash, Cash Equivalents and Short-Term Investments	58.58M	58.58M	71.59M	78.63M	80.21M	39.60M
Total Debt	642.21M	642.21M	694.16M	642.42M	599.71M	430.56M
Total Liabilities	971.27M	971.27M	1.01B	1.08B	996.18M	826.91M
Stockholders Equity	854.08M	854.08M	893.51M	1.12B	1.09B	1.04B
Cash Flow
Free Cash Flow	98.47M	98.47M	68.54M	172.38M	47.42M	80.82M
Operating Cash Flow	133.63M	133.63M	125.80M	213.73M	104.82M	135.86M
Investing Cash Flow	-50.68M	-50.68M	-57.62M	-59.01M	-64.50M	-70.59M
Financing Cash Flow	-96.28M	-96.28M	-76.26M	-157.22M	771.00K	-150.84M

Bapcor Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.17
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BAP, the sentiment is Negative. The current price of 3.17 is below the 20-day moving average (MA) of 3.18, below the 50-day MA of 3.48, and below the 200-day MA of 4.43, indicating a bearish trend. The MACD of -0.09 indicates Negative momentum. The RSI at 38.50 is Neutral, neither overbought nor oversold. The STOCH value of 49.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BAP.

Bapcor Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JBH	75 Outperform	AU$12.27B	26.54	29.12%	2.19%	10.03%	5.38%
SUL	69 Neutral	AU$3.71B	16.75	16.46%	6.99%	4.83%	-7.62%
NCK	64 Neutral	AU$1.89B	32.80	21.99%	2.85%	5.79%	-31.70%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
TPW	61 Neutral	$2.76B	240.76	8.81%	―	20.66%	543.24%
BLX	60 Neutral	AU$697.20M	23.55	16.86%	2.63%	1.89%	-3.30%
BAP	46 Neutral	€1.08B	38.24	3.40%	4.26%	-3.00%	―

Bapcor Ltd Corporate Events

Bapcor Limited Announces Director Departure

Bapcor Limited has announced the cessation of James Scott Charles Todd as a director, effective July 23, 2025. This change in the board of directors may impact the company’s governance and strategic direction, as Todd held significant interests through the Tamkin Trust and the Tamkin Superannuation Fund, which collectively own 35,000 shares.

The most recent analyst rating on (AU:BAP) stock is a Hold with a A$5.40 price target. To see the full list of analyst forecasts on Bapcor Ltd stock, see the AU:BAP Stock Forecast page.

Bapcor Limited Announces Director Departure

Bapcor Limited has announced the cessation of Mark Bernhard as a director, effective from July 23, 2025. Bernhard held 37,500 fully-paid ordinary shares in the company. This change in directorship may impact the company’s governance and strategic direction, although no immediate implications for stakeholders have been detailed.

The most recent analyst rating on (AU:BAP) stock is a Hold with a A$5.40 price target. To see the full list of analyst forecasts on Bapcor Ltd stock, see the AU:BAP Stock Forecast page.

Bapcor Ltd Reports FY25 Trading Update and Strategic Changes

Bapcor Ltd has announced a trading update for the second half of FY25, revealing a pro-forma net profit after tax of $81-82 million and a statutory net profit after tax of $31-34 million. The company’s performance was impacted by weaker sales, particularly in May and June, and significant disruptions in its Specialist Wholesale segment due to consolidation activities. Despite these challenges, Bapcor has made strategic investments in IT systems and marketing, aiming for future growth. The company has also conducted a comprehensive review of its balance sheet, identifying significant non-cash items that affected its statutory profit. With a refreshed leadership team and strategy, Bapcor is focused on simplifying operations and achieving sustainable growth.

The most recent analyst rating on (AU:BAP) stock is a Hold with a A$5.40 price target. To see the full list of analyst forecasts on Bapcor Ltd stock, see the AU:BAP Stock Forecast page.

Bapcor Ltd Sees Increased Stake by Host-Plus Pty Limited

Bapcor Limited has announced a change in the interests of a substantial holder, Host-Plus Pty Limited, which has increased its voting power from 5.68% to 6.92%. This change reflects a significant shift in the ownership structure, potentially impacting the company’s governance and stakeholder dynamics.

The most recent analyst rating on (AU:BAP) stock is a Hold with a A$5.40 price target. To see the full list of analyst forecasts on Bapcor Ltd stock, see the AU:BAP Stock Forecast page.

Bapcor Ltd Announces Cessation of Performance Rights

Bapcor Ltd has announced the cessation of 176,830 performance rights, as the conditions for these securities were not met or became incapable of being satisfied. This cessation may impact the company’s capital structure and could have implications for stakeholders, particularly in terms of employee incentives and future financial planning.

The most recent analyst rating on (AU:BAP) stock is a Hold with a A$5.40 price target. To see the full list of analyst forecasts on Bapcor Ltd stock, see the AU:BAP Stock Forecast page.

Bapcor Ltd Announces Cessation of Performance Rights

Bapcor Ltd has announced the cessation of 369,288 performance rights, as the conditions for these securities were not met or became incapable of being satisfied as of June 30, 2025. This cessation may impact Bapcor’s capital structure and could have implications for stakeholders, particularly in terms of performance-based incentives and the company’s operational strategies moving forward.

The most recent analyst rating on (AU:BAP) stock is a Hold with a A$5.40 price target. To see the full list of analyst forecasts on Bapcor Ltd stock, see the AU:BAP Stock Forecast page.

Bapcor Limited’s Strategic Presentation at Macquarie Conference

Bapcor Limited announced that its Executive Chair and CEO, Angus McKay, will present at the Macquarie Australia Conference. This presentation is significant as it offers insights into Bapcor’s current strategies and future plans, potentially impacting its market positioning and stakeholder interests.

Bapcor Appoints Kim Kerr as New CFO

Bapcor Limited has appointed Kim Kerr as its new Chief Financial Officer, effective 12 May 2025. Kim brings extensive experience from her previous role as CFO at Orica Ltd and will be instrumental in implementing Bapcor’s recently announced business strategy. Her appointment follows the resignation of former CFO George Saoud, who will assist in the transition.