Want to see AU:BHD full AI Analyst Report?
Top Page
Benjamin Hornigold Ltd.
(Sydney:BHD)
Select Model
Select Model
Rating:48Neutral
Price Target:
AU$0.22
▲(23.89% Upside)
Action:Reiterated
Date:03/24/26
The score is held back primarily by deteriorating financial performance (recent losses, volatile revenue, and negative 2025 cash flow) despite a low-debt balance sheet. Technical signals are bearish (negative MACD and below key moving averages), partially tempered by oversold RSI. Valuation is comparatively low on P/E, offering some support but not enough to offset operational weakness.
Positive Factors
Low leverage
A zero‑debt capital structure is a durable strength for an asset manager: it removes interest expense, lowers solvency risk, and preserves flexibility to withstand prolonged operating weakness or fund strategic investments without immediate refinancing pressure.
Negative Factors
Deteriorating profitability
A sustained swing from modest profit to multi‑year losses reflects underlying operating deterioration. Persistent negative margins erode retained earnings, weaken return on capital, and constrain reinvestment into product, distribution, or technology critical for long‑term competitiveness.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
A zero‑debt capital structure is a durable strength for an asset manager: it removes interest expense, lowers solvency risk, and preserves flexibility to withstand prolonged operating weakness or fund strategic investments without immediate refinancing pressure.
Read all positive factors
Benjamin Hornigold Ltd. (BHD) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$5.43M
Dividend YieldN/A
Average Volume (3M)8.70K
Price to Earnings (P/E)―
Beta (1Y)0.14
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)-0.03
Shares Outstanding24,155,241
10 Day Avg. Volume300
30 Day Avg. Volume8,703
Financial Highlights & Ratios
PEG Ratio-0.24
Price to Book (P/B)0.71
Price to Sales (P/S)23.73
P/FCF Ratio-11.22
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Benjamin Hornigold Ltd. Business Overview & Revenue Model
Company Description
Operating from its Sydney, Australia base, Benjamin Hornigold Limited functions as an investment vehicle. Established in 2016, the firm offers investors access to a concentrated portfolio. This portfolio is strategically constructed from a select ...
Benjamin Hornigold Ltd. Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
72
Positive
Cash Flow
34
Negative
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 182.99K | 410.24K | 66.62K | 1.65M | 1.83M |
| Gross Profit | 182.99K | 410.24K | 453.08K | -1.02M | 1.47M |
| EBITDA | 0.00 | 0.00 | 87.38K | 0.00 | 1.21M |
| Net Income | -709.25K | -566.93K | 87.38K | -1.24M | 1.26M |
Balance Sheet | |||||
| Total Assets | 6.55M | 7.30M | 7.74M | 7.71M | 8.82M |
| Cash, Cash Equivalents and Short-Term Investments | 6.52M | 7.27M | 3.29M | 7.45M | 2.01M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 423.88K | 467.72K | 335.60K | 395.06K | 263.61K |
| Stockholders Equity | 6.13M | 6.84M | 7.40M | 7.32M | 8.55M |
Cash Flow | |||||
| Free Cash Flow | -387.17K | 252.54K | 1.95M | -675.96K | -5.53M |
| Operating Cash Flow | -387.17K | 252.54K | 1.95M | -675.96K | -5.53M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 8.30M |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Benjamin Hornigold Ltd. Technical Analysis
Positive
0.18
Price Trends
0.19
Positive
0.18
Positive
0.19
Positive
Market Momentum
<0.01
Negative
97.54
Negative
37.04
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BHD, the sentiment is Positive. The current price of 0.18 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.19, and below the 200-day MA of 0.19, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 97.54 is Negative, neither overbought nor oversold. The STOCH value of 37.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BHD.
Benjamin Hornigold Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | AU$2.74M | 30.33 | 1.14% | ― | -95.73% | -98.27% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
61 Neutral | AU$49.19M | -32.61 | -1.84% | 6.89% | -26.20% | -112.45% | |
53 Neutral | AU$9.72M | 1.36 | 91.73% | ― | ― | ― | |
48 Neutral | AU$5.43M | -321.43 | -0.28% | ― | ― | ― | |
46 Neutral | AU$13.41M | -3.49 | -14.03% | 4.83% | -116.24% | -230.04% |
* Financial Sector Average
AU:BHD
Benjamin Hornigold Ltd.
0.23
0.05
25.00%
AU:GC1
Glennon Small Companies Ltd
0.40
-0.10
-19.52%
AU:SB2
Salter Brothers Emerging Companies Ltd.
0.60
-0.07
-10.98%
AU:ECP
ECP Emerging Growth Ltd.
0.73
-0.48
-40.03%
AU:OEQ
Orion Equities Limited
0.18
0.02
12.90%
AU:KBC
Keybridge Capital Limited
0.05
0.00
0.00%
Benjamin Hornigold Ltd. Corporate Events
Benjamin Hornigold Posts Higher NTA as Litigation Recovery Progresses
Jul 13, 2026
Benjamin Hornigold Ltd reported an unaudited net tangible asset value of 28.28 cents per share before tax as at 30 June 2026, reflecting a positive gross portfolio return of 0.24% for the month. The stated NTA excludes a material amount of unrecog...
Benjamin Hornigold Agrees $800,000 Settlement in Director Litigation
Jun 29, 2026
Benjamin Hornigold Ltd has entered into a deed to settle a claim against one of its directors for $800,000, subject to a condition subsequent. This settlement represents a significant step toward resolving ongoing litigation that has involved the ...
Benjamin Hornigold Shares Reinstated to Trading on ASX
Jun 16, 2026
Benjamin Hornigold Limited has had its securities reinstated to trading on the ASX as of 16 June 2026, after the company lodged its net tangible asset backing report for the month ended 31 May 2026. The move restores liquidity and market access fo...
Benjamin Hornigold Posts NTA Gain While Pursuing Debt Recoveries
May 13, 2026
Benjamin Hornigold Ltd reported an unaudited net tangible asset value of 25.36 cents per share before tax as at 30 April 2026, alongside a positive gross portfolio return of 1.92% for the month. The NTA figure does not include an additional 12 cen...
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.