Added to YB: 2024-10-29
Pitch date: 2024-10-27
BXB.AX [neutral]
Brambles Limited
+27.71%
current return
Author Info
Company Info
Brambles Limited operates as a supply-chain logistics company. It operates through CHEP North America and Latin America; CHEP Europe, Middle East, Africa, and India; and CHEP Australia, New Zealand and Asia, excluding India segments.
Market Cap
AUD 16.9B
Pitch Price
AUD 17.72
Price Target
N/A
Dividend
3.09%
EV/EBITDA
9.48
P/E
20.97
EV/Sales
2.87
Sector
Commercial Services and Supplies
Category
value
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.
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