Beacon Lighting Group Ltd (BLX) AI Stock Analysis

• Market Cap: AU$509.14M
• Dividend Yield: 2.86%
• Average Volume (3M): 113.22K
• Price to Earnings (P/E): 17.9
• Beta (1Y): 1.00
• Revenue Growth: 1.89%
• EPS Growth: -3.30%
• Country: AU
• Employees: 1,130
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 0.07
• Shares Outstanding: 229,342,150
• 10 Day Avg. Volume: 64,876
• 30 Day Avg. Volume: 113,220
• PEG Ratio: 0.00
• Price to Book (P/B): 4.50
• Price to Sales (P/S): 2.50
• P/FCF Ratio: 15.36
• 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: AU$3.06
• Price Target Upside: 37.84% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): 0.13
• Revenue Forecast (FY): AU$341.70M

• Rating: 55 Neutral
• Price Target: AU$2.00 ▼(-9.91% Downside)
• Action: Reiterated Date: 11/01/25
• Date: Action: Reiterated 11/01/25

Beacon Lighting Group Ltd's overall stock score is primarily influenced by its stable financial performance, despite some challenges in growth and cash flow. The technical analysis indicates a bearish trend, which negatively impacts the score. The valuation is moderate, providing a balanced view. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Stable Gross Margin

A consistent gross margin near 69% indicates durable product-level pricing power and sourcing stability. For a specialty retailer, steady gross margins cushion operating profit from sales volatility and input cost swings, supporting long-term margin sustainability even if top-line growth slows.

Diversified Sales Channels

A multi-channel model (company stores, e-commerce and trade/wholesale) reduces reliance on any single demand source. This structural diversification supports resilience to local retail cycles, enables cross-channel fulfillment efficiencies, and positions the company to capture both consumer and professional project demand over months to years.

Improving Leverage

A reduction in debt-to-equity signals modest deleveraging and improved balance sheet flexibility. Lower leverage reduces interest burden and increases capacity for strategic investment or dividend support, enhancing financial resilience and optionality over a multi-quarter horizon.

Negative Factors

Declining Revenue Growth

A negative year-over-year revenue print is structurally concerning for a specialty retailer: shrinking top-line reduces operating leverage, pressures unit economics, and limits reinvestment capacity. Reversing this trend is crucial to sustain margins and fund growth initiatives over subsequent quarters.

Weaker Cash Generation

Material decline in operating and free cash flow reduces internal funding for capex, inventory and omnichannel expansion. Persistently weaker cash conversion can force external financing, constrain dividends or limit marketing/inventory investments, weakening competitive positioning over the medium term.

Eroding Profitability Metrics

Falling net margin indicates margin compression after gross margins are held, pointing to rising operating costs or weaker scale benefits. Combined with a declining ROE noted elsewhere, this suggests returns on capital are slipping, which can reduce reinvestment returns and shareholder value over time if not addressed.

Beacon Lighting Group Ltd Business Overview & Revenue Model

Company Description

Beacon Lighting Group Limited retails lighting products in Australia and internationally. The company designs, develops, sources, imports, distributes, merchandises, promotes, and sells light fittings, ceiling fans, and light globes, as well as energy products. It provides pendant, track, bathroom, outdoor, garden, solar, security and sensor, deck, LED lighting products; and ceiling, down, spot & bar, strip & cabinet, and interior wall lights, as well as lamps. The company also offers ceiling, exhaust, portable indoor, outdoor, and mammoth fans; air purifiers; pendants and chandeliers; switches and dimmers, and cameras; power points, LED drivers and transformers, and smoke alarms; outdoor heaters; candles and accessories, flush mounts, decorative and cleaning products; and clearance products. It offers its products under the Lucci, LEDlux, Mayfair, and Fanaway brands. The company operates 117 stores and 2 franchised stores. It also offers its products online. Beacon Lighting Group Limited was founded in 1967 and is based in Mulgrave, Australia.

How the Company Makes Money

Beacon Lighting generates revenue primarily through the sale of its wide range of lighting products in retail stores and online. The company operates a network of retail outlets across Australia, where it sells directly to consumers. Additionally, Beacon Lighting earns income through wholesale distribution to commercial clients and contractors, providing lighting solutions for larger projects. Key revenue streams include direct retail sales, online sales, and wholesale partnerships with builders and electrical contractors. Furthermore, the company's focus on energy-efficient and sustainable lighting products appeals to environmentally conscious consumers, enhancing its market position and contributing to its earnings.

Beacon Lighting Group Ltd Financial Statement Overview

Summary

Beacon Lighting Group Ltd demonstrates stable profitability with consistent gross profit margins. However, the recent decline in revenue growth and profitability metrics such as net profit margin and return on equity indicate potential challenges. The balance sheet shows a slight improvement in leverage, but cash flow metrics highlight reduced cash generation. Overall, the company maintains a stable financial position, but there are areas of concern regarding growth and cash flow.

Income Statement

Beacon Lighting Group Ltd has shown a stable gross profit margin over the years, maintaining around 69%. However, the net profit margin has slightly decreased to 8.93% in 2025 from 9.27% in 2024. The revenue growth rate has turned negative at -0.77% in 2025, indicating a decline in sales compared to the previous year. The EBIT and EBITDA margins have also decreased, reflecting a reduction in operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has improved slightly to 0.90 in 2025 from 0.95 in 2024, indicating a reduction in leverage. Return on equity has decreased to 16.08% in 2025 from 18.16% in 2024, suggesting a decline in profitability. The equity ratio remains stable, indicating a balanced capital structure.

Cash Flow

Operating cash flow has decreased to $63.97 million in 2025 from $75.05 million in 2024, and free cash flow has also declined. The free cash flow growth rate is negative at -13.48%, indicating reduced cash generation. The operating cash flow to net income ratio is 0.65, showing a moderate conversion of income to cash.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	333.83M	328.92M	324.81M	312.44M	304.79M	289.31M
Gross Profit	229.99M	227.22M	224.56M	211.82M	210.86M	197.97M
EBITDA	53.23M	87.07M	86.48M	85.64M	92.69M	85.96M
Net Income	28.31M	29.37M	30.10M	33.64M	40.73M	37.63M
Balance Sheet
Total Assets	409.31M	394.78M	367.07M	332.92M	353.92M	320.64M
Cash, Cash Equivalents and Short-Term Investments	54.50M	55.22M	46.21M	20.68M	28.00M	33.83M
Total Debt	295.79M	164.36M	157.22M	149.38M	144.02M	141.38M
Total Liabilities	217.25M	212.17M	201.28M	183.82M	219.79M	208.45M
Stockholders Equity	192.06M	182.61M	165.79M	149.10M	134.13M	112.20M
Cash Flow
Free Cash Flow	48.27M	53.46M	66.05M	37.28M	42.80M	53.31M
Operating Cash Flow	59.21M	63.97M	75.05M	48.92M	52.41M	61.22M
Investing Cash Flow	-15.84M	-11.35M	-19.93M	-13.68M	-14.13M	-24.55M
Financing Cash Flow	-36.88M	-43.58M	-39.63M	-42.55M	-44.12M	-47.70M

Beacon Lighting Group Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.22
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BLX, the sentiment is Negative. The current price of 2.22 is below the 20-day moving average (MA) of 2.46, below the 50-day MA of 2.62, and below the 200-day MA of 3.11, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 27.71 is Positive, neither overbought nor oversold. The STOCH value of 6.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:BLX.

Beacon Lighting Group Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHM	70 Neutral	AU$57.02M	7.61	17.58%	6.10%	-13.36%	14.09%
JYC	67 Neutral	AU$171.21M	23.28	21.22%	5.01%	1.82%	-18.84%
DSK	66 Neutral	AU$58.22M	11.88	12.71%	9.03%	8.39%	3.21%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
NCK	61 Neutral	AU$1.60B	23.25	21.99%	2.63%	5.79%	-31.70%
ADH	60 Neutral	AU$335.17M	17.47	11.70%	5.85%	3.99%	-18.35%
BLX	55 Neutral	AU$509.14M	17.93	16.86%	2.86%	1.89%	-3.30%

Beacon Lighting Group Ltd Corporate Events

Beacon Lighting Sets H1 FY2026 Results Release and Investor Call

Beacon Lighting Group has scheduled the release of its interim financial results for the first half of FY2026, covering the 26 weeks ended 28 December 2025, on 19 February 2026. The company will host a teleconference for shareholders featuring its executive chairman, CEO and CFO, who will present the results and take questions from investors.

On the morning of the release, Beacon Lighting will publish its H1 FY2026 interim financial report and results presentation on both the ASX platform and its own website. The event provides investors and other stakeholders with a structured opportunity to assess the company’s recent trading performance and financial position, helping to shape market expectations for the remainder of the financial year.

The most recent analyst rating on (AU:BLX) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Beacon Lighting Group Ltd stock, see the AU:BLX Stock Forecast page.