Brisbane Broncos Limited (BBL) AI Stock Analysis

Brisbane Broncos Limited

(ASX:BBL)

Select Model

Rating:61Neutral

Price Target:AUD 1.50▼(-1.64% Downside)

Action:reiterated

Date:10/18/26

The score is anchored by solid financial fundamentals: a virtually debt-free balance sheet, growing equity and sharply improved free cash flow, alongside double-digit revenue growth. This is tempered by negative operating margins, which show that profitability depends on NRL distributions rather than core operations. Technical signals are the main drag, with the share price below all key moving averages and negative MACD momentum. Valuation is fair at 14.6x earnings with a modest 1.37% yield, resulting in a moderately positive overall assessment.

Positive Factors

Conservative Balance SheetMinimal leverage relative to equity and assets gives Brisbane Broncos financial flexibility and reduces exposure to interest costs or refinancing pressure. This supports resilience through weaker operating periods and preserves capacity to fund operations, investment, or shareholder returns.

Negative Factors

Weak Operating ProfitabilityNegative EBIT and EBITDA show that core operating activities are not consistently producing profit, despite positive net income. This weakens the margin of safety, makes results more dependent on items outside operations, and could limit durable earnings growth if costs increase.

Brisbane Broncos Limited (BBL) vs. iShares MSCI Australia ETF (EWA)

Market Cap: AUD 149.51M
Dividend Yield: 1.29%
Average Volume (3M): 14.29K
Price to Earnings (P/E): 15.2
Beta (1Y): 0.29
Revenue Growth: 29.11%
EPS Growth: 30.93%
Country: Australia
Employees: 17
Sector: Communication Services
Sector Strength: 60
Industry: Entertainment

Brisbane Broncos Limited Business Overview & Revenue Model

Company Description

Brisbane Broncos Limited, together with its subsidiaries, is involved in the management and operation of the Brisbane Broncos Rugby League Football teams in Australia. Brisbane Broncos Limited was incorporated in 1987 and is headquartered in Red Hill...

Brisbane Broncos Limited Financial Statement Overview

Summary

Brisbane Broncos combines a debt-free, steadily strengthening balance sheet (equity up to $53.6M, near-zero leverage, ROE ~12-13%) with strong cash generation (operating cash flow nearly doubled to $13.7M and free cash flow up 127% to $11.3M). Revenue grew 11.1% to $73.1M with net income of $7.8M. The key offset is weak core profitability: thin gross margins and persistently negative EBIT/EBITDA mean bottom-line profits depend heavily on NRL distributions and other non-operating income, a structural risk that caps the score.

Income Statement

58Neutral

Balance Sheet

75Positive

Cash Flow

72Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	84.94M	73.09M	60.58M	54.86M	43.48M	35.72M
Gross Profit	12.78M	6.66M	4.67M	2.93M	1.59M	4.79M
EBITDA	14.91M	-12.40M	-13.57M	-12.83M	-12.18M	5.52M
Net Income	9.80M	7.77M	5.72M	5.63M	3.23M	2.90M
Balance Sheet
Total Assets	77.22M	75.56M	63.42M	58.25M	55.04M	53.23M
Cash, Cash Equivalents and Short-Term Investments	34.43M	35.97M	26.66M	22.81M	19.83M	18.40M
Total Debt	66.58K	119.92K	0	0	0	0
Total Liabilities	18.53M	21.96M	15.63M	14.71M	15.66M	16.11M
Stockholders Equity	58.69M	53.60M	47.79M	43.54M	39.38M	37.12M
Cash Flow
Free Cash Flow	8.49M	11.27M	5.31M	4.46M	2.41M	2.86M
Operating Cash Flow	11.33M	13.72M	7.15M	5.73M	3.24M	3.17M
Investing Cash Flow	-2.84M	-2.45M	-1.83M	-1.28M	-832.38K	-311.03K
Financing Cash Flow	-2.94M	-1.96M	-1.47M	-1.47M	-980.41K	-490.20K

Brisbane Broncos Limited Technical Analysis

Technical Analysis SentimentPositive

Last Price1.52

Price Trends

50DMA1.56Negative

100DMA1.44Positive

200DMA1.56Negative

Market Momentum

MACD-0.01Negative

RSI52.02Neutral

STOCH80.56Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BBL, the sentiment is Positive. The current price of 1.52 is above the 20-day moving average (MA) of 1.48, below the 50-day MA of 1.56, and below the 200-day MA of 1.56, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 52.02 is Neutral, neither overbought nor oversold. The STOCH value of 80.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BBL.

Brisbane Broncos Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (60)

Financial Indicators

AU:BBL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AU:BBL	61Neutral	AUD 151.96M	15.21	17.45%	1.29%	29.11%	30.93%
Sector *	60Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
AU:EVT	59Neutral	AUD 2.48B	49.37	5.44%	2.70%	6.99%	51.92%
AU:SEG	59Neutral	AUD 90.96M	40.91	2.67%	3.70%	39.72%	―
AU:EXP	58Neutral	AUD 65.61M	-217.50	-0.20%	―	-3.52%	69.23%
AU:VVA	58Neutral	AUD 144.34M	10.87	10.70%	2.13%	―	―
AU:NEC	45Neutral	AUD 1.06B	-2.63	-29.93%	10.79%	-18.21%	-430.03%

* Communication Services Sector Average

Performance Comparison

AU:BBL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
AU:BBL	Brisbane Broncos Limited	1.52	0.35	29.46%
AU:SEG	Sports Entertainment Group Limited	0.27	0.02	8.87%
AU:NEC	Nine Entertainment Co. Holdings Limited	0.69	-0.38	-35.17%
AU:VVA	Viva Leisure Ltd.	1.41	-0.23	-13.87%
AU:EXP	Experience Co Ltd	0.09	-0.06	-42.00%
AU:EVT	Event Hospitality & Entertainment Ltd.	15.18	1.12	7.95%

Brisbane Broncos Limited Corporate Events

Brisbane Broncos Posts Strong Half-Year Profit on Surging Crowds and Memberships

Aug 25, 2026

Brisbane Broncos Limited reported a strong half-year result to 30 June 2026, with profit before tax rising to $11.57 million from $8.69 million a year earlier and profit after tax increasing to $8.03 million from $6.01 million. Earnings before intere...

Brisbane Broncos Forecast Stronger Half-Year Profit on Crowd-Driven Revenue Lift

Aug 18, 2026

Brisbane Broncos Limited expects to report a half-year net profit before tax of about $11.57 million for the period to 30 June 2026, up from $8.69 million a year earlier. The improvement is driven by higher average home crowds, stronger consumer and...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 18, 2026

Brisbane Broncos Limited AI Stock Analysis