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Added to YB: 2024-10-29

Pitch date: 2024-10-27

BXB.AX [neutral]

Brambles Limited

-2.86%

current return

Author Info

Company Info

Brambles Limited operates as a supply-chain logistics company. It operates through CHEP Americas, CHEP EMEA, and CHEP Asia-Pacific segments.

Market Cap

AUD 21.3B

Pitch Price

AUD 17.47

Price Target

N/A

Dividend

2.91%

EV/EBITDA

10.81

P/E

23.49

EV/Sales

3.42

Sector

Commercial Services and Supplies

Category

value

Show full summary:
Brambles - some thoughts

BXB.AX (quick dive): Global leader in pallet pooling. 20% ROE, high ROA. History of poor capital allocation in non-pallet businesses, but now focused on core CHEP wooden pallet business. COVID increased demand & costs. Potential for improved cash flow & pricing power. Consider renaming to CHEP to cement focus.

Read full article (18 min)