Benjamin Hornigold Ltd. (BHD) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 3.39K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.04
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Consumer Defensive
• Sector Strength: 76
• Industry: Asset Management
• EPS (TTM): -0.02
• Shares Outstanding: 24,155,241
• 10 Day Avg. Volume: 4,500
• 30 Day Avg. Volume: 3,390
• PEG Ratio: 0.26
• Price to Book (P/B): 0.70
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.72
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: ―

Benjamin Hornigold Ltd. is challenged by erratic financial performance with low profitability and inconsistent cash flows, despite having no debt. The technical indicators are weak, showing little market momentum, and the negative P/E ratio indicates an unattractive valuation. The lack of earnings call data or significant corporate events provides no additional insights to offset these concerns.

Benjamin Hornigold Ltd. Business Overview & Revenue Model

Company Description

Benjamin Hornigold Limited operates as an investment company in Australia. The company provides investors with an exposure to investment portfolio, which is invested in a small number of investments in undervalued assets that provide growth opportunities with the aim of achieving above average returns over the medium to long term. Benjamin Hornigold Limited was incorporated in 2016 and is based in Sydney, Australia.

How the Company Makes Money

BHD generates revenue primarily through the appreciation of its investment portfolio and the dividends or interest earned from these investments. The company invests in a variety of asset classes to ensure a diversified income stream. Key revenue streams include capital gains from the sale of appreciated assets, and income from dividends and interest payments. BHD may also engage in partnerships with other investment firms or financial institutions to enhance its portfolio management capabilities and investment opportunities. The company relies on its expertise in asset management and market analysis to identify lucrative investment opportunities and optimize its returns.

Benjamin Hornigold Ltd. Financial Statement Overview

Summary

Benjamin Hornigold Ltd. faces challenges in profitability and consistent revenue growth, despite a sound equity position with no debt. Fluctuating cash flows further complicate its financial outlook, underscoring the need for strategic improvements in financial management and operational execution.

Income Statement

Benjamin Hornigold Ltd. has shown erratic revenue trends with a significant revenue increase in the latest year, yet struggles with profitability as evidenced by negative EBIT and net income margins. The company faces challenges in achieving consistent revenue growth, impacting its overall financial performance.

Balance Sheet

The company has maintained a strong equity position with zero debt, as reflected in its solid equity ratio. However, the declining total assets and stockholders' equity over recent years suggest potential risks in asset management and growth sustainability.

Cash Flow

Cash flow from operations has been volatile, with significant fluctuations in free cash flow. Recent improvements in free cash flow are notable, yet the lack of consistency in cash generation presents a challenge for long-term financial stability.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
-70.05K	410.24K	66.62K	1.65M	1.68M	-261.77K
	Gross Profit
-70.05K	410.24K	-603.67K	1.65M	1.96M	-326.70K
	EBIT
-654.00K	-509.11K	87.38K	-1.24M	1.09M	-750.24K
	EBITDA
0.00	0.00	0.00	0.00	120.47K	154.50K
	Net Income Common Stockholders
-710.12K	-566.93K	87.38K	-1.24M	1.26M	-750.24K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.84M	7.27M	3.29M	1.33M	8.28M	7.54M
	Total Assets
6.87M	7.30M	7.74M	7.71M	8.82M	7.57M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-3.06M	-3.54M	-3.29M	-1.33M	-2.01M	-7.54M
	Total Liabilities
502.65K	467.72K	335.60K	395.06K	263.61K	272.64K
	Stockholders Equity
6.37M	6.84M	7.40M	7.32M	8.55M	7.29M
Cash Flow		Free Cash Flow
-945.94K	252.54K	1.95M	-675.96K	-5.53M	-1.13M
	Operating Cash Flow
-945.94K	252.54K	1.95M	-675.96K	-5.53M	-1.13M
	Investing Cash Flow
0.00	0.00	0.00	0.00	8.30M	8.30M
	Financing Cash Flow
0.00	0.00	0.00	0.00	0.00	0.00

Benjamin Hornigold Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.18
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BHD, the sentiment is Negative. The current price of 0.18 is above the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.18, and below the 200-day MA of 0.20, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 25.94 is Positive, neither overbought nor oversold. The STOCH value of 14.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BHD.

Benjamin Hornigold Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WAM	73 Outperform		6.41	14.95%	9.87%	46.53%	35.15%
Sector *	65 Neutral	$8.84B	14.90	4.69%	203.33%	3.49%	-1.84%
BHD	42 Neutral		―		―	―	―
AFOVF			31.61	3.68%	―	―	―
AGVNF			26.72	3.96%	4.01%	―	―

Benjamin Hornigold Ltd. Corporate Events

Benjamin Hornigold Ltd Reports Negative Portfolio Return and Pursues Debt Recovery

Benjamin Hornigold Ltd reported a negative gross portfolio return of 1.29% for the month, with an unaudited Net Tangible Asset per share of 24.71 cents before tax. The company is actively pursuing outstanding debts from John Bridgeman Ltd and JB Financial Group Pty Ltd, which, if recovered, could significantly benefit shareholders.

Change in Substantial Holding for Benjamin Hornigold Ltd.

Benjamin Hornigold Ltd. has reported a change in the substantial holding of its voting shares, with Sulieman Ravell now holding a 9.84% voting power. This change reflects adjustments in the indirect interests through entities such as S4 Family Services Pty Ltd and S4 Super Pty Ltd, impacting the company’s shareholder structure.

Benjamin Hornigold Ltd Reports Monthly NTA and Pursues Debt Recovery

Benjamin Hornigold Ltd reported a negative gross portfolio return of 0.61% for the month, with an unaudited Net Tangible Asset (NTA) per share before tax at 25.18 cents as of February 28, 2025. The company continues to pursue outstanding debts from John Bridgeman Ltd and JB Financial Group Pty Ltd, with recent court proceedings resulting in orders for costs against individuals and entities involved, potentially benefiting shareholders if debts are recovered.

Takeovers Panel Declines Proceedings in Benjamin Hornigold Ltd Dispute

Benjamin Hornigold Ltd, listed on the ASX under the ticker BHD, is involved in a legal dispute concerning its own affairs and those of Keybridge Capital Limited, which is under administration. The Takeovers Panel has decided not to proceed with the applications from Benjamin Hornigold Ltd, as the issues overlap with ongoing Supreme Court proceedings in New South Wales. The Panel found no reasonable prospect of declaring unacceptable circumstances, thus choosing not to conduct further proceedings.

Benjamin Hornigold Ltd Reports Increased Losses Amid Revenue Decline

Benjamin Hornigold Ltd reported a significant downturn in its financial performance for the half-year ended December 31, 2024. The company experienced a 197% decrease in revenue from ordinary activities, resulting in a loss of $464,805 after tax, marking a 45% increase in losses compared to the previous year. The company’s investments and sales activities also saw a decline, contributing to the negative financial results. The net tangible assets per ordinary security decreased from 29 cents to 26 cents, and no dividends were declared for the period.

Benjamin Hornigold Ltd Challenges Keybridge Capital’s Management Actions

Benjamin Hornigold Ltd (ASX: BHD) has submitted two applications to the Panel concerning its own affairs and those of Keybridge Capital Limited (ASX: KBC), which is currently under administration. The applications highlight concerns over Keybridge’s management actions, including the issuance of shares and the appointment of a voluntary administrator, which BHD claims have created unacceptable circumstances impacting its shareholding and market operations. The situation involves significant control and disclosure issues, with potential implications for market transparency and governance.

Benjamin Hornigold Ltd Sees Positive Returns and Navigates Legal Challenges

Benjamin Hornigold Ltd reported a positive gross portfolio return of 2.38% for the month. The company’s Net Tangible Assets per share before tax increased slightly from 25.94 cents in December 2024 to 26.44 cents in January 2025. The company continues to navigate ongoing litigation related to loans extended to John Bridgeman Ltd and JB Financial Group Pty Ltd, with recent court proceedings resulting in orders for payment against individuals linked to these companies.