BWP Trust (AU:BWP)
ASX:BWP
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BWP Stock Chart & Stats
AU$3.87
-AU$0.01(-0.30%)
At close: 4:00 PM EST
AU$3.87
-AU$0.01(-0.30%)
Day’s Range― - ―
52-Week RangeAU$3.45 - AU$4.11
Previous CloseN/A
Volume1.24M
Average Volume (3M)1.03M
Market Cap
AU$2.94B
Enterprise ValueAU$3.71B
Total Cash (Recent Filing)AU$54.42M
Total Debt (Recent Filing)AU$980.50M
Price to Earnings (P/E)3.2
Beta0.47
Next Earnings
Aug 10, 2026EPS Estimate
0.09Next Dividend Ex-DateN/A
Dividend Yield4.87%
Share Statistics
EPS (TTM)0.46
Shares Outstanding785,127,000
10 Day Avg. Volume687,773
30 Day Avg. Volume1,026,791
Financial Highlights & Ratios
PEG Ratio0.26
Price to Book (P/B)0.88
Price to Sales (P/S)12.39
P/FCF Ratio20.97
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$3.88Price Target Upside0.37% Upside
Rating ConsensusHold
Number of Analyst Covering7
EPS Forecast (FY)0.19
Revenue Forecast (FY)AU$204.84M
Bulls Say, Bears Say
Bulls Say
Extended WALE & High OccupancyA 7.5-year WALE and 96.7% occupancy materially reduce near-term lease rollover risk and support durable rental income. Strong LFR leasing spreads and like‑for‑like rental growth point to ongoing tenant demand for large-format logistics/retail space, underpinning stable cash flows over the medium term.
Prudent Leverage & Credit ProfileGearing within board targets, an A3 (stable) credit rating and recent five‑year MTN issuance enhance access to capital and lower refinancing risk. A 4.4% weighted average cost of debt and sufficient liquidity to cover near-term maturities strengthen balance sheet resilience and support funding for redevelopment and distributions.
FFO Growth & Distribution DisciplineConsistent FFO expansion and an affirmed distribution increase signal sustainable operating cash generation. A clear payout range (90–110% of FFO) provides a framework balancing unitholder returns with reinvestment needs, supporting predictable distributions while allowing for reinvestment in repurposing and strategic acquisitions.
Bears Say
Weak Free Cash Flow TrendNegative free cash flow growth and a declining operating cash flow to net income ratio indicate weaker cash conversion. Over several months this can constrain capital for repurposing, force higher reliance on external financing or asset sales, and pressure distribution coverage if trends persist.
High Tenant ConcentrationExtremely concentrated income toward a single corporate group and a few national retailers raises counterparty and sector risk. Structural changes in a major tenant’s footprint or lease negotiations (eg. market reviews) would have outsized impact on occupancy and rental income, reducing resilience to shocks.
Repurposing & Execution Timing RiskWhile repurposing can lift long‑run yields, it creates temporary vacancies and uncertain cashflow timing. The need for approvals and tenant notifications, plus development funding spreads, means income recognition and expected yield‑on‑cost are subject to execution risk, potentially delaying returns and increasing carry costs.
BWP Trust News
BWP FAQ
What was BWP Trust’s price range in the past 12 months?
BWP Trust lowest share price was AU$3.45 and its highest was AU$4.11 in the past 12 months.
What is BWP Trust’s market cap?
BWP Trust’s market cap is AU$2.94B.
When is BWP Trust’s upcoming earnings report date?
BWP Trust’s upcoming earnings report date is Aug 10, 2026 which is in 87 days.
How were BWP Trust’s earnings last quarter?
BWP Trust released its earnings results on Feb 12, 2026. The company reported AU$0.306 earnings per share for the quarter, beating the consensus estimate of AU$0.096 by AU$0.21.
Is BWP Trust overvalued?
According to Wall Street analysts BWP Trust’s price is currently Undervalued.
Does BWP Trust pay dividends?
BWP Trust pays a Semiannually dividend of AU$0.095 which represents an annual dividend yield of 4.87%. See more information on BWP Trust dividends here
What is BWP Trust’s EPS estimate?
BWP Trust’s EPS estimate is 0.09.
How many shares outstanding does BWP Trust have?
BWP Trust has 785,127,000 shares outstanding.
What happened to BWP Trust’s price movement after its last earnings report?
BWP Trust reported an EPS of AU$0.306 in its last earnings report, beating expectations of AU$0.096. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of BWP Trust?
Currently, no hedge funds are holding shares in AU:BWP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
BWP Trust Stock Smart Score
Neutral
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.72%
12-Months-Change
Fundamentals
Return on Equity
11.25%
Trailing 12-Months
Asset Growth
11.50%
Trailing 12-Months
Company Description
BWP Trust
Established and listed on the Australian Securities Exchange ("ASX") in 1998 (see prospectus), BWP Trust ("BWP" or "the Trust") is a real estate investment trust investing in and managing commercial properties throughout Australia. The majority of the Trust's properties are large format retailing properties, in particular, Bunnings Warehouses, leased to Bunnings Group Limited ("Bunnings"). Bunnings is the leading retailer of home improvement and outdoor living products in Australia and New Zealand, and a major supplier to project builders, commercial trades people, and the housing industry. Full details on the Trust's property portfolio can be found in the Our Properties section of this website. The Trust is managed by an external responsible entity, BWP Management Limited ("the responsible entity") which is appointed under the Trust's constitution and operates under an Australian Financial Services Licence. The responsible entity is committed to managing the Trust solely and is paid an annual fee based on the gross assets of the Trust. Both Bunnings and the responsible entity are wholly-owned subsidiaries of Wesfarmers Limited ("Wesfarmers"), one of Australia's largest listed companies. Wesfarmers also owns approximately 24.75 per cent of the issued units in the Trust.
BWP Stock 12 Month Forecast
Average Price Target
AU$3.88
▲(0.37% Upside)
Technical Analysis
Region Group
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Charter Hall Retail REIT
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Charter Hall Long WALE REIT
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HomeCo Daily Needs REIT
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Centuria Industrial REIT
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Options Prices
Currently, No data available
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