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BLX.AX ASX Home Improvement Products & Services Retailers

Blx.Ax

A$1,59
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LatestThe Week Ahead: 27 July-31 July 2026
Last 30 days
1D5D1M3M6MYTD1Y5YMax
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Mcap
364,7M AUD
P/E
EV / Rev
Div yield
7,47 %
Op margin
14,8 %
ROE
16,1 %
Net margin
8,9 %
Debt / equity
0,90
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

BLX.AX operates as a home improvement products and services retailer, generating revenue primarily through the sale of goods and services to consumers in the retail sector.

Business. BLX.AX is a retailer operating within the Home Improvement Products & Services industry, classified under the Consumer Cyclicals sector. The company generates revenue through the sale of products, with key performance indicators including same-store sales growth, traffic, and average ticket size. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not available in the provided data. Consequently, the business is described at the industry level without geographic or segment-specific breakdowns.

Classification92 %
SectorConsumer Cyclicals
Business sectorRetailers
IndustryHome Improvement Products & Services Retailers
ActivityRetailers
Generated · model-assisted
Sell-side consensus
BUY9 analysts
5 buy4 hold0 sell
Avg 12m price target2,76

Analyst recommendations

9 analysts · consensus Buy
Buy5
Hold4
Sell0
12-month price target
2,76
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
9 analysts · indicative
Ownership
not yet wired
Profitability
16,1 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

1
  • MARKETSThe Week Ahead: 27 July-31 July 20262026-07-26
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to BLX.AX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · 2026-07-26

    Composite-score breakdown

    Synthesis

    Business

    BLX.AX is a retailer operating within the Home Improvement Products & Services industry, classified under the Consumer Cyclicals sector. The company generates revenue through the sale of products, with key performance indicators including same-store sales growth, traffic, and average ticket size. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not available in the provided data. Consequently, the business is described at the industry level without geographic or segment-specific breakdowns.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorRetailers
    IndustryHome Improvement Products & Services Retailers
    ActivityRetailers
    AI synthesis
    GENERATED

    BLX.AX maintains a capital structure with a debt-to-equity ratio of 0.9, indicating a moderate reliance on debt financing. The company's liquidity position is characterized by a current ratio of 1.73, suggesting it has sufficient short-term assets to cover its short-term liabilities. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.

    Profitability metrics show a return on equity (ROE) of 16.08% and a return on assets (ROA) of 7.44%, both of which are strong indicators of efficient asset utilization and profitability. These figures are benchmarked against industry norms, where ROE and ROA typically reflect the effectiveness of capital deployment and operational efficiency.

    The company's revenue is concentrated in the home improvement retail segment, with no disclosed geographic diversification. This concentration may expose the company to regional economic fluctuations and consumer spending trends, which could impact its overall performance.

    BLX.AX has demonstrated a growth trajectory with a revenue of AUD 329.43 million. The company's outlook for the current fiscal year is positive, with a focus on maintaining and potentially expanding its market share in the home improvement retail sector. The company's capital expenditure of AUD -10.51 million indicates a strategic approach to asset management and cost control.

    Risk factors include a medium liquidity risk due to the company's current ratio and a negative net cash position. The dilution risk is assessed as low, with no significant dilution potential identified in the basic shares outstanding. The company's risk assessment also highlights the importance of monitoring its debt levels and liquidity position to ensure financial stability.

    Recent events and filings indicate that the company is actively managing its financial obligations and capital structure. The company's financial snapshot and valuation metrics suggest a stable and growing business, supported by strong profitability and a reasonable debt load. Analyst estimates provide a range of price targets, with a mean of AUD 2.76 and a median of AUD 2.75, indicating a generally positive outlook from the investment community.

    Key takeaways
    • BLX.AX has a strong ROE of 16.08% and ROA of 7.44%, indicating efficient use of equity and assets.
    • The company's debt-to-equity ratio of 0.9 suggests a balanced capital structure with moderate debt reliance.
    • BLX.AX's current ratio of 1.73 indicates a healthy liquidity position, though its net cash is negative after subtracting total debt.
    • Analysts have a generally positive outlook, with a mean price target of AUD 2.76 and a median of AUD 2.75.
    • The company's revenue is concentrated in the home improvement retail segment, which may expose it to regional economic fluctuations.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    A$1,59
    Market cap
    A$350.9M
    Enterprise value
    A$515.3M
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    8.1x
    P / B
    1.9x
    P / Tangible book
    1.9x
    Tangible book
    A$182.6M
    Net cash
    -A$164.4M
    Current ratio
    1.7
    Debt / equity
    0.9
    ROA
    7.4%
    ROE
    16.1%
    Cash conversion
    218.0%
    CapEx / revenue
    -3.2%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Corporate & Institutional Banking
    disclosed · segment_methodology
    Treasury & Capital Markets
    low · segment_methodology

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,13
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    9
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-04 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate0,13
    Revenueno estimateno estimate340,2M UNKNOWN ERROR IN UNIVERSE PROCESSING
    Operating incomeno estimateno estimate50,2M UNKNOWN ERROR IN UNIVERSE PROCESSING
    Full-year consensus mean (period as reported by source) · consensus in UNKNOWN ERROR IN UNIVERSE PROCESSING. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution9 analysts
    Strong buy2
    Buy3
    Hold4
    Sell0
    Strong sell0
    12-month price targetA$2,76 · Median A$2,75
    Low A$2,13High A$3,35
    Operating income · consensus50,2M UNKNOWN ERROR IN UNIVERSE PROCESSING
    EPS surprise
    +2,1 %
    reported vs consensus · beat
    Revenue surprise
    −3,3 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowA$2,13
    MeanA$2,76
    MedianA$2,75
    HighA$3,35
    SpotA$1,59
    +73.9 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin14,8 %Best in class
    Net Margin8,9 %Best in class
    ROE16,1 %Best in class
    Capex / Rev-3,2 %Bottom quartile
    D/E0,90Bottom quartile
    Cash Conv2,18Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • BLX.AX Market data — financials · 2026-05-27
    • Beacon Lighting Group Ltd Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Leadership

    • Glen RobinsonChief Executive Officer, Executive Director
    • Ian RobinsonExecutive Chairman of the Board

    Insider activity

    — missing data

    Short positioning

    519.3Kshares short-10.9% vs prior
    2.81days to cover
    70.2%short of daily vol
    29fails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    BLX.AXCanonical
    ASX · AUD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · 2026-07-26
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-07-27 00:00 UTCTRANSCRIPTEarnings call — Q3 2026
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-05-01 17:07 UTCFILINGRegulatory filing →
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage