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BWP Trust (ASX: BWP) - Financials

Current share price for BWP : $3.410 0.04 (1.16%)

BWP Trust (BWP) is a listed managed investment scheme which invests in commercial real estate throughout Australia. The majority of its properties are Bunnings Warehouse properties tenanted by Bunnings Group Limited, a wholly owned subsidiary of Wesfarmers Limited. The BWP Trust is managed by unlisted responsible entity, BWP Management Limited.

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BWP Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2023 18.6 ¢ 17.7 ¢ 18.3 ¢ 0% $3.75 0 145.8% -2.1%
2022 17.3 ¢ 17.9 ¢ 18.3 ¢ 0% $3.87 0 138.1% -4.5%
2021 17.5 ¢ 17.7 ¢ 18.3 ¢ 0% $3.29 0 196.3% 16%

BWP Historical Financials

2023 2022 2021
Rental Income ($M) 157.9 153.2 152.2
Investment Income ($M) 0.2
Other Income ($M)
Property Expenses ($M) -9.2 -7.8 -7.8
Management Expense Ratio (%) 0.8 0.7 0.7
Net Profit Before Abs ($M) 113.6 114.7 114
Net Profit After Abs ($M) 36.7 486.6 263.2
Shareholders Equity ($M) 2,405.9 2,486.3 2,116.4
Return on Equity (%) 4.7 4.6 5.4
Payout Ratio (%) 103 102 103

BWP Cashflow

2023 2022 2021
Customer Receipts ($M) 178 166 168
Net Operating Cashflow ($M) 119.8 111 112.3
Net Investing Cashflow ($M) -10 4 3
Net Financing Cashflow ($M) -105 -137 -146

BWP Market & Earnings

2023 2022 2021
Market Cap ($M) 2,332 2,499 2,737
Net Gearing (%) 18.8 17.8 20.9
Net Interest Cover (%) 7.89 9.35 8.63
Dividend Yield (%) 5 4.7 4.3
NTA Per Share ($) 3.75 3.87 3.29
EBT Before Abs ($M) 113.6 114.7 114

BWP Balance Sheet

2023 2022 2021
Cash ($M)16.8 11.9 33.1
Current Investments ($M)
Receivables ($M)6.42 8.86 5.44
Other Current Assets ($M) 14.5
Total Current Assets ($M)23.3 20.7 53
Non-Current Investments ($M)
Property ($M)
Other Non-Current Assets ($M)0.34
Total Non-Current Assets ($M)2,937 3,001 2,622
Total Assets ($M)2,960 3,022 2,675
Creditors ($M)26.3 20.4 23.2
Provisions ($M)59.5 59.5 59.5
Deferred Taxes ($M)
Other Current Liabilities ($M) 111.1
Total Current Liabilities ($M)85.8 80 193.8
Borrowings ($M)
Other Non-Current Liabilities ($M)
Total Non-Current Liabilities ($M)468.5 455.6 364.4
Total Liabilities ($M)554.3 535.6 558.2
Shareholders Equity ($M)2,406 2,486 2,116

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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