Added to YB: 2026-08-26
Pitch date: 2026-08-21
BHP [neutral]
BHP Group Limited
+0.52%
current return
Author Info
No bio for this author
Company Info
BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, and South America.
Market Cap
AUD 237.4B
Pitch Price
AUD 67.32
Price Target
N/A
Dividend
4.24%
EV/EBITDA
8.02
P/E
24.18
EV/Sales
4.30
Sector
Metals and Mining
Category
growth
Theodosian Capital | Stocks Update 21/8/2026 - BHP – Strong FY results
BHP (earnings): FY26: revenue $59bn (+15%), underlying EBITDA $33bn (+27%), EPS 260c (+30%), ROCE 26.1%. DPS 172c (+56%). Net debt cut 33% to $8.7bn (below $10-20bn target), aided by $4.3bn silver streaming + $2.0bn GIP power deal. Guides $55bn capex over 5yrs to fund copper (Resolution/Vicuna, targeting 2Mtpa by 2035), Pilbara iron ore and Jansen potash (84% done, first output mid-CY27). Author sees a core long-term commodity holding; not cheap at 18.1x fwd (Koyfin) but not excessive.
Read full article (2 min)