Benjamin Hornigold Ltd. (AU:BHD)
ASX:BHD
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Benjamin Hornigold Ltd.
(Sydney:BHD)
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Rating:48Neutral
Price Target:
AU$0.18
▼(-1.11% Downside)
Action:ReiteratedDate:03/24/26
The score is held back primarily by deteriorating financial performance (recent losses, volatile revenue, and negative 2025 cash flow) despite a low-debt balance sheet. Technical signals are bearish (negative MACD and below key moving averages), partially tempered by oversold RSI. Valuation is comparatively low on P/E, offering some support but not enough to offset operational weakness.
Positive Factors
Conservative balance sheet (zero debt)
Zero leverage materially limits solvency risk and preserves financial optionality. Over 2–6 months this allows the firm to fund opportunistic investments, absorb further trading losses without refinancing, and pursue recoveries or restructurings without near-term debt pressure.
Negative Factors
Deteriorating profitability
Sustained losses erode equity and reduce reinvestment capacity, undermining the firm’s ability to generate long-term returns from its strategy. Persistent negative margins pressure management to alter risk profile or seek external capital, impairing durable performance.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet (zero debt)
Zero leverage materially limits solvency risk and preserves financial optionality. Over 2–6 months this allows the firm to fund opportunistic investments, absorb further trading losses without refinancing, and pursue recoveries or restructurings without near-term debt pressure.
Read all positive factors
Benjamin Hornigold Ltd. (BHD) vs. iShares MSCI Australia ETF (EWA)
Market Cap
N/A
Dividend YieldN/A
Average Volume (3M)8.70K
Price to Earnings (P/E)5.3
Beta (1Y)0.01
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)<0.01
Shares Outstanding24,155,241
10 Day Avg. Volume300
30 Day Avg. Volume8,703
Financial Highlights & Ratios
PEG Ratio-0.24
Price to Book (P/B)0.71
Price to Sales (P/S)23.73
P/FCF Ratio-11.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Benjamin Hornigold Ltd. Business Overview & Revenue Model
Company Description
Benjamin Hornigold Ltd. (BHD) is an investment company involved in the financial services sector. The company focuses on capital growth through investment in a diversified portfolio of assets, including but not limited to, equities, fixed income, ...
Benjamin Hornigold Ltd. Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
72
Positive
Cash Flow
34
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 182.99K | 410.24K | 66.62K | 1.65M | 1.83M |
| Gross Profit | 182.99K | 410.24K | 453.08K | -1.02M | 1.47M |
| EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 120.47K |
| Net Income | -709.25K | -566.93K | 87.38K | -1.24M | 1.26M |
Balance Sheet | |||||
| Total Assets | 6.55M | 7.30M | 7.74M | 7.71M | 8.82M |
| Cash, Cash Equivalents and Short-Term Investments | 6.52M | 7.27M | 3.29M | 7.45M | 2.01M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 423.88K | 467.72K | 335.60K | 395.06K | 263.61K |
| Stockholders Equity | 6.13M | 6.84M | 7.40M | 7.32M | 8.55M |
Cash Flow | |||||
| Free Cash Flow | -387.17K | 252.54K | 1.95M | -675.96K | -5.53M |
| Operating Cash Flow | -387.17K | 252.54K | 1.95M | -675.96K | -5.53M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 8.30M |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Benjamin Hornigold Ltd. Technical Analysis
Negative
0.18
Price Trends
0.19
Negative
0.19
Negative
0.18
Negative
Market Momentum
>-0.01
Negative
29.28
Positive
>-0.01
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 below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.19, and below the 200-day MA of 0.18, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 29.28 is Positive, neither overbought nor oversold. The STOCH value of >-0.01 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
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | AU$60.75M | 2.97 | 35.99% | 6.39% | 22.67% | 19.47% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
54 Neutral | AU$26.98M | 38.35 | 1.46% | 2.94% | 38.32% | ― | |
54 Neutral | AU$9.79M | 18.32 | 1.01% | 3.50% | -50.00% | -52.07% | |
53 Neutral | AU$26.79M | 46.88 | 4.11% | 2.03% | 18.17% | ― | |
53 Neutral | AU$9.72M | -1.31 | 91.73% | ― | ― | ― | |
48 Neutral | ― | 5.33 | -0.28% | ― | ― | ― |
* Financial Sector Average
AU:BHD
Benjamin Hornigold Ltd.
0.18
0.00
0.00%
AU:LCE
London City Equities Ltd
0.85
0.01
1.19%
AU:IPC
Imperial Pacific Limited
1.80
0.19
11.80%
AU:CIW
Clime Investment Management Ltd
0.33
>-0.01
-2.40%
AU:MAM
Microequities Asset Management Group Ltd.
0.47
-0.01
-2.52%
AU:KBC
Keybridge Capital Limited
0.05
0.00
0.00%
Benjamin Hornigold Ltd. Corporate Events
Benjamin Hornigold Posts Lower NTA but Holds Course on Opportunistic Strategy and Litigation Recovery
Mar 13, 2026
Benjamin Hornigold Ltd reported an unaudited pre‑tax net tangible asset value of 26.11 cents per share as at 28 February 2026, after a negative gross portfolio return of 3.32% for the month. The NTA figure does not include an additional 12 c...
Benjamin Hornigold Director Increases Indirect Shareholding
Mar 5, 2026
Benjamin Hornigold Ltd. has disclosed a change in director Sulieman Ravell’s relevant interests in the company’s ordinary shares, reflecting a modest on-market purchase. Through various related entities, including S4 Super Pty Ltd and ...
Benjamin Hornigold Director Increases Indirect Shareholding
Mar 1, 2026
Benjamin Hornigold Ltd. has disclosed a change in the shareholding of director Sulieman Ravell, detailing both his direct and indirect interests in the company. The update, lodged under ASX listing rule 3.19A.2, clarifies the structures through wh...
Benjamin Hornigold Posts NTA Gain as It Presses Ahead With Debt Recovery
Jan 14, 2026
Benjamin Hornigold reported an unaudited pre-tax net tangible asset value of 26.68 cents per share as at 31 December 2025, with a positive gross portfolio return of 0.92% for the month, highlighting a modest uplift in its investment portfolio. The...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.