Brickworks Ltd

BKW: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$35.00	Ndrm	Kndrnxjls

Brickworks and Soul Pattinson Earnings: Housing Construction Slowdown Set to Weigh Near-Term

Johannes Faul

Sep 29, 2023

We maintain our fair value estimates for Brickworks and Washington H. Soul Pattinson, or WHSP, of AUD 28.00 per share and AUD 26.90 per share, respectively. At current prices, shares in Brickworks trade at a 14% discount to our fair value estimate while WHSP trades at a 19% premium.

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