BWP Group

BWP Group

3.55
AUD
+0.03
(+0.85%)
2.34BMarket Cap
Feb 09Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.21
0.23
0.23
0.24
0.24
0.24
0.24
0.24
0.24
0.25
0.26
0.28
0.28
- -
Basic EPS, GAAP
0.24
0.33
0.48
0.35
0.28
0.26
0.33
0.41
0.76
0.06
0.27
0.37
0.56
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.1
0.12
0.16
0.17
0.18
0.18
0.2
0.18
0.18
0.18
0.18
0.18
0.19
0.1
Book Value per Share
2.06
2.24
2.55
2.73
2.84
2.91
3.05
3.28
3.86
3.73
3.78
3.97
4.28
3.91
Tangible Book Value per Share
2.06
2.24
2.55
2.73
2.84
2.91
3.05
3.28
3.86
3.73
3.78
3.97
4.11
3.91
Basic Weighted Avg Shares
615
642
645
645
645
645
645
645
645
645
663
716
730
693
Sales/Revenue/Turnover
127
145
150
152
153
156
156
152
153
158
174
203
207
- -
Operating Margin (%)
88.53
87.91
88
88.19
87.79
86.68
85.1
84.7
83.82
82.34
82.87
82.59
87.45
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
149
210
311
224
183
169
211
263
487
37
180
266
408
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.1
- -
Profit Margin (%)
117.43
145.26
206.89
146.93
119.46
108.74
135.35
172.89
317.6
23.24
103.75
131.02
197.01
- -
Working Capital
5
-27
-38
-22
-189
-67
-10
-141
-59
-63
-56
-186
25
-45
LT Debt
448
485
472
471
257
413
503
364
456
468
772
656
759
787
Total Equity
1,311
1,442
1,645
1,762
1,833
1,875
1,969
2,116
2,486
2,406
2,708
2,840
3,363
2,799
Return on Invested Capital (%)
7.27
6.9
6.53
6.17
5.95
5.9
5.57
5.09
4.64
4.47
4.53
4.7
4.66
- -
Return on Capital (%)
10.99
12.8
16.56
11.3
9.04
8.26
9.5
10.99
18.09
1.84
6.47
8.44
11.61
- -
Return on Common Equity (%)
12.7
15.26
20.12
13.14
10.19
9.14
10.96
12.88
21.15
1.5
7.05
9.58
13.17
- -

Capital Structure

AUD

•

in mil. unless spec.
Dec'25
ST Debt
- -
LT Borrowings
787
LT Finance Leases
- -
Preferred Equity and Hybrid Capital
- -
Shares Outstanding
716
Market Capitalization
2,340

Working Capital

AUD

•

in mil. unless spec.
Dec'25
Total Current Assets
51
Cash, Cash Equivalents & STI
28
Accounts Receivable, Net
12
Inventories
- -
Total Current Liabilities
97
Payables & Accruals
31
ST Debt
- -
Deferred Revenue
- -

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.6%
10.02%
18.43%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
48.04%
96.95%
53.78%
Sales/Revenue/Turnover
3.42%
6.54%
2.27%
Total Cash Common Dividend
- -
- -
2.78%

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
174
2025
100
- -
203
2026
- -
- -
207

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.27
2025
0.22
- -
0.37
2026
- -
- -
0.56

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.18
2025
0.09
- -
0.18
2026
- -
- -
0.19

Company Description

CEO
Mark Scatena
Full Time Employees
14
Sector
Finance
Industry
Real estate investment trusts
Address
Brookfield Place Tower 2 Perth WA Australia 6000
IPO Date
Sep 16, 1998
Business
BWP Trust (ASX:BWP; OTC:BUNNF) operates as a real estate investment trust that invests in and manages a portfolio of commercial properties throughout Australia, with a primary focus on large-format retailing warehouses and bulky goods properties leased predominantly to Bunnings Group Limited, Australia's leading home improvement and outdoor living retailer; the portfolio comprises approximately 84 geographically diversified assets across most Australian states, featuring long-term leases emphasizing high-visibility sites with access to arterial roads and serving retail customers, project builders, commercial tradespeople, and the housing industry. Established in 1998 and listed on the Australian Securities Exchange, the company maintains its headquarters at Level 14, Brookfield Place Tower 2, 123 St Georges Terrace, Perth, Western Australia. In recent developments, BWP Trust completed its merger with Newmark Property REIT in 2024, acquiring nine additional quality large-format retailing assets to form a combined $3.5 billion portfolio and executed compulsory acquisition of Newmark in June 2024; the trust internalized its management structure effective August 1, 2025, transitioning from external management by BWP Management Limited—a subsidiary fully owned by Wesfarmers Limited, which holds a 23% stake in BWP—to in-house operations alongside a significant lease reset for many Bunnings-tenanted properties.

Company News

  • BWP Trust (OTCMKTS:BUNNF) Short Interest Up 322.0% in July