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Blackmores is a packaged foods business based in Australia. Blackmores shares (BKL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Blackmores has a trailing 12-month revenue of around $645 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Blackmores
To buy shares listed in Australia such as Blackmores, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
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Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
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Search for Blackmores. Find the share by name or ticker symbol: BKL. Research its history to confirm it's a solid investment against your financial goals.
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Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Blackmores reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
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Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
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Check on your investment. Congratulations, you own a part of Blackmores. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
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Blackmores stock price (ASX:BKL)
Use our graph to track the performance of BKL stocks over time.Blackmores shares at a glance
Information last updated 2023-09-22.
| 52-week range | $90.2528 - $94.73 |
|---|---|
| 50-day moving average | $94.4644 |
| 200-day moving average | $83.0339 |
| Target price | $74.78 |
| PE ratio | 53.8239 |
| Dividend yield | $1.19 (1.26%) |
| Earnings per share (TTM) | $1.76 |
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Blackmores stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Blackmores price performance over time
Historical closes compared with the last close of A$94.73
| 1 year (2023-04-24) | 21.20% |
|---|---|
| 2 years (2022-04-22) | 31.92% |
| 3 years (2021-04-23) | 25.47% |
| 5 years (2019-04-24) | 1.21% |
Is Blackmores under- or over-valued?
Valuing Blackmores stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Blackmores's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Blackmores's P/E ratio
Blackmores's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 54x. In other words, Blackmores shares trade at around 54x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Blackmores's EBITDA
Blackmores's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $70.1 million (£0.0 million).
The EBITDA is a measure of a Blackmores's overall financial performance and is widely used to measure stock profitability.
Blackmores financials
| Revenue TTM | $645 million |
|---|---|
| Operating margin TTM | 8.52% |
| Gross profit TTM | $403.4 million |
| Return on assets TTM | 5.84% |
| Return on equity TTM | 9.36% |
| Profit margin | 5.37% |
| Book value | 21.554 |
| Market capitalisation | $1.8 billion |
TTM: trailing 12 months
Blackmores share dividends
Dividend payout ratio: 3.38% of net profits
Recently Blackmores has paid out, on average, around 3.38% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.84% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Blackmores shareholders could enjoy a 1.84% return on their shares, in the form of dividend payments. In Blackmores's case, that would currently equate to about A$1.19 per share.
While Blackmores's payout ratio might seem low, this can signify that Blackmores is investing more in its future growth.
The latest dividend was paid out to all shareholders who bought their shares by 24 July 2023 (the "ex-dividend date").
Have Blackmores's shares ever split?
Blackmores's shares were split on a 1.0286:1 basis on 31 October 1991. So if you had owned 1 share the day before the split, the next day you would own 1.0286 shares. This wouldn't directly have changed the overall worth of your Blackmores shares – just the quantity. However, indirectly, the new 2.8% lower share price could have impacted the market appetite for Blackmores shares which in turn could have impacted Blackmores's share price.
Blackmores share price volatility
Over the last 12 months, Blackmores's shares have ranged in value from as little as $90.2528 up to $94.73. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Blackmores's is 0.6147. This would suggest that Blackmores's shares are less volatile than average (for this exchange).
Blackmores overview
Blackmores Limited develops, sells, and markets natural health products for humans and animals in Australia, New Zealand, Asia, China, and India. The company offers vitamins, and herbal and mineral nutritional supplements. It also provides products for various conditions related to arthritis, joints, bones, and muscles; brain health; cold, flu, and immunity; digestive health; energy and exercise; everyday health; and eye health. In addition, the company offers products in the areas of fish and nutritional oils; heart and circulation; infant nutrition; kids health; men's health; multivitamins; nails, hair, and skin; pet health; probiotics; pregnancy and preconception; stress relief and sleep support; weight management; wellbeing management; and women's health. It provides its products through retail and online channels. The company was founded in 1930 and is headquartered in Sydney, Australia.
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Blackmores in the news
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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