Skip to Content
Morningstar

Bapcor Ltd BAP Stock Quote

Morningstar Rating
| Rating as of

XASX: BAP

Show Full Chart
Market Open

| Currency in AUD

  • Last Close 6.94
  • Sector Consumer Cyclical
  • Industry Specialty Retail
  • Investment Style Mid Blend
  • Day Range 6.77  –  6.87
  • Year Range 5.81  –  7.09
  • Market Cap 2.3233 Bil
  • Volume / Avg 227,448.0 /  736,046.8
  • Price / Sales 1.17
  • Price / Book 2.10
  • Forward Div Yield 3.52%
  • Trailing Div Yield 2.30%

Morningstar‘s Stock Analysis BAP

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Bapcor Earnings: Retail Woes Offset by Strength in Trade

Angus Hewitt Equity Analyst

Analyst Note

| Angus Hewitt |

We maintain our AUD 8 fair value estimate for Bapcor. Underlying fiscal 2023 net profit after tax of AUD 125 million was 5% lower than fiscal 2022 and about 7% below our prior forecast. Better-than-expected top-line growth was offset by weaker margins, particularly in retail. The dichotomy between discretionary and nondiscretionary automotive expenditure has manifested in the results. Rising cost of living pressures weighed on retail profitability, while the trade and wholesale divisions proved resilient. We lower our fiscal 2024 underlying NPAT forecast by about 10% to AUD 138 million. We anticipate the subdued retail environment, which is more exposed to discretionary purchases, will continue to weigh on profitability into fiscal 2024. Despite the weaker near-term outlook, the underlying dynamics in automotive spare parts are positive, and we make no material changes to our long-term forecasts.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics BAP

More

Company Profile BAP

Business Description

Bapcor is one of the largest automotive spare parts and accessories businesses in Australia and New Zealand. The firm principally distributes automotive spare parts and accessories to independent and chain mechanic workshops in Australia and New Zealand through Burson-branded stores. Bapcor also operates a retail automotive spare parts and accessories business in Australia, catering to the do-it-yourself customer, under the AutoPro and Autobarn brands. The specialist wholesale business is a brand owner and wholesaler of specialised parts.

Contact
127-139, Link Road, Melbourne Airport
Melbourne, VIC, 3045, AUS
Sector Consumer Cyclical
Industry Specialty Retail
Employees 5,000

Competitors & Peers BAP

More on BAP’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of BAP’s competitive advantage.

Bapcor Ltd

XASX: BAP

Advance Auto Parts Inc

XNYS: AAP

Genuine Parts Co

XNYS: GPC

O'Reilly Automotive Inc

XNAS: ORLY
Price
6.8558.24145.64926.47
Currency
AUDUSDUSDUSD
Change
−$0.10 (1.37%) −$1.88 (3.13%) −$3.62 (2.43%) −$19.36 (2.05%)
Market Cap
2.32 Bil3.46 Bil20.45 Bil55.83 Bil
Industry
Specialty Retail Specialty Retail Specialty Retail Specialty Retail
Sector
Consumer Cyclical
Consumer Cyclical
Consumer Cyclical
Consumer Cyclical

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Bapcor Ltd Stock

Yes. BAP has a forward dividend yield of 3.31%. See BAP’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

BAP’s market cap is 2.32 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

BAP’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

BAP’s price/sales is 1.17.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

BAP’s price/forward earnings is 22.22.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

BAP’s price/book is 2.10.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See BAP’s valuation ratios compared to the Market Index.

BAP’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare BAP’s historical performance against its industry peers and the overall market.