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BKI Investment Co. Ltd. (BKI) AI Stock Analysis

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AU:BKI

BKI Investment Co. Ltd.

(ASX:BKI)

Select Model
Rating:71Outperform
Price Target:AUD 2.00â–²(10.80% Upside)
Action:reiterated
Date:11/01/26

The score is primarily driven by strong financial stability (notably zero debt) and high profitability with solid cash conversion, offset by revenue/cash-flow volatility. Technical signals are broadly neutral to slightly weak, while valuation is supported by a high dividend yield but tempered by a mid-range P/E.

Positive Factors
Debt-free balance sheetA debt-free balance sheet materially reduces financial risk and interest obligations, preserving flexibility through market cycles. Rising equity and assets also indicate a strengthening capital base that can support continued portfolio investing without relying on leverage.
Negative Factors
Volatile revenueThe uneven revenue path shows that BKI’s results can vary materially across reporting periods, consistent with dependence on investment and market-related income. Such volatility makes forward earnings less predictable and can complicate sustainable growth planning.

BKI Investment Co. Ltd. (BKI) vs. iShares MSCI Australia ETF (EWA)

-5%0%5%10%15%20%25%AU:BKI+11.21%EWA+17.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
AUD 1.46B
Dividend Yield
5.48%
Average Volume (3M)
329.45K
Price to Earnings (P/E)
22.6
Beta (1Y)
0.40
Revenue Growth
2.72%
EPS Growth
4.18%
Country
Australia
Employees
0
Sector
Financial
Sector Strength
68
Industry
Asset Management

BKI Investment Co. Ltd. Business Overview & Revenue Model

Company Description

BKI Investment Company Limited functions as a publicly listed investment management entity, primarily directing its capital into publicly traded shares. The firm strategically allocates funds across a diverse range of sectors, with a notable preferen...

BKI Investment Co. Ltd. Financial Statement Overview

Summary

Strong overall financial profile supported by a debt-free balance sheet, consistently high profitability, and generally solid earnings-to-cash conversion. The main constraint is volatility in revenue and free cash flow across years, indicating results can fluctuate meaningfully with market/investment income conditions.

Income Statement

74Positive

Balance Sheet

86Very Positive

Cash Flow

78Positive
Financial statement breakdown
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue72.38M72.38M70.16M68.34M77.55M104.60M
Gross Profit70.72M70.72M70.16M68.34M72.75M63.39M
EBITDA69.78M69.78M67.93M65.89M70.34M61.25M
Net Income64.42M64.42M61.86M64.39M70.07M100.80M
Balance Sheet
Total Assets1.67B1.67B1.58B1.48B1.40B1.24B
Cash, Cash Equivalents and Short-Term Investments75.13M75.13M98.44M99.40M105.22M72.08M
Total Debt000000
Total Liabilities158.68M158.68M140.75M113.15M97.30M73.13M
Stockholders Equity1.52B1.52B1.44B1.37B1.30B1.17B
Cash Flow
Free Cash Flow63.28M63.28M64.32M63.55M73.91M100.17M
Operating Cash Flow63.28M63.28M64.32M63.55M73.91M100.17M
Investing Cash Flow12.58M12.58M-5.32M-14.25M-55.90M-23.48M
Financing Cash Flow-64.17M-64.17M-59.96M-55.13M15.13M-45.22M

BKI Investment Co. Ltd. Technical Analysis

Technical Analysis SentimentPositive
Last Price1.80

Price Trends

50DMA1.79Positive
100DMA1.81Negative
200DMA1.76Positive

Market Momentum

MACD0.00Negative
RSI53.19Neutral
STOCH58.73Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BKI, the sentiment is Positive. The current price of 1.80 is above the 20-day moving average (MA) of 1.78, above the 50-day MA of 1.79, and above the 200-day MA of 1.76, indicating a bullish trend. The MACD of 0.00 indicates Negative momentum. The RSI at 53.19 is Neutral, neither overbought nor oversold. The STOCH value of 58.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:BKI.

BKI Investment Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (68)

Financial Indicators

AU:BKI against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
AU:L1GAU:L1G78OutperformAUD 3.06B19.2849.77%2.49%586.06%463.96%
AU:BKIAU:BKI71OutperformAUD 1.46B22.624.35%5.48%2.72%4.18%
Sector *68Neutral$18.00B11.429.92%3.81%9.73%1.22%
AU:MFFAU:MFF67NeutralAUD 3.14B19.096.21%3.99%44.63%-63.30%
AU:MIRAU:MIR65NeutralAUD 543.92M41.902.07%4.30%45.10%44.28%
AU:PPTAU:PPT61NeutralAUD 2.13B23.325.64%6.62%-16.00%―

* Financial Sector Average

Performance Comparison

-20%0%20%AU:BKIAU:PPTAU:L1GAU:MFFAU:MIRDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
AU:BKI and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:BKIBKI Investment Co. Ltd.1.800.169.59%
AU:PPTPerpetual Limited18.420.955.46%
AU:L1GPlatinum Asset Management Ltd1.210.1615.42%
AU:MFFMFF Capital Investments Ltd.5.260.7516.66%
AU:MIRMirrabooka Investments Ltd2.43-0.62-20.35%

BKI Investment Co. Ltd. Corporate Events

BKI Investment Company Trades Below Weekly Pre-Tax NTA

Oct 25, 2026

BKI Investment Company reported a pre-tax net tangible asset backing of $2.07 per share as of 23 October 2026, based on unaudited and indicative figures. On the same date, BKI shares closed at $1.755 on the ASX, highlighting a discount of the market...

BKI Investment Company Posts Weekly NTA of $2.04 as Shares Trade at Discount

Oct 19, 2026

BKI Investment Company Limited has reported a weekly unaudited pre-tax net tangible asset value of $2.04 per share as at 16 October 2026, underscoring the underlying value of its diversified Australian equity portfolio. Over the same period, the comp...

BKI Investment Investors Back Board and Pay at 2026 AGM

Oct 13, 2026

BKI Investment Company Limited, a research-driven listed investment company on the ASX, invests for the long term in profitable, high-yielding and well-managed Australian companies. Its diversified equity portfolio, managed by Contact Asset Managemen...

BKI Investment Company Holds 2026 AGM and Releases Investor Presentations

Oct 12, 2026

BKI Investment Company Limited has confirmed it will hold its 2026 Annual General Meeting today in Sydney, with proceedings scheduled for 11:00 a.m. AEDT at MUFG Corporate Markets. The company has released the Chairman’s and Investment Manager’s pres...

BKI Investment Company Shares Trade Below Updated Pre-Tax NTA

Oct 11, 2026

BKI Investment Company reported an unaudited pre-tax net tangible asset value of $2.03 per share as at 9 October 2026, providing the market with an updated indication of the underlying value of its investment portfolio. On the same date, the company’...

BKI rides energy and AI tailwinds to extend outperformance

Oct 7, 2026

BKI’s portfolio outperformed the market in September, falling 0.2% against a 1.9% decline in the S&P/ASX 300 Accumulation Index. For the year to 30 September 2026, its total shareholder return including franking credits reached 9.5%, beating the benc...

BKI Investment Shares Trade Below Reported Net Tangible Asset Backing

Oct 4, 2026

BKI Investment Company reported a pre-tax net tangible asset backing of $2.01 per share as at 2 October 2026, with the figure described as unaudited and indicative only. The company’s shares closed at $1.77 on the same date, indicating a discount to...

BKI Investment Posts Weekly NTA Update and Dividend-Adjusted Valuation

Sep 28, 2026

BKI Investment Company reported a pre-tax net tangible assets per share figure of $2.00 as at 25 September 2026, reflecting the impact of its FY2027 September quarter dividend of $0.0195 per share, which recently traded ex-dividend. The company also...

BKI Investment Company Posts Weekly NTA and Share Price Update

Sep 14, 2026

BKI Investment Company reported a pre-tax net tangible asset backing of $2.04 per share as at 11 September 2026, noting that the figure is unaudited and indicative. The company also disclosed that its shares closed at $1.825 on the same date, giving...

BKI Investment Company Reports Strong FY26 as Defensive and Growth Holdings Power Dividend Momentum

Sep 7, 2026

BKI Investment Company reported a strong FY26 financial outcome and highlighted that most of its portfolio holdings met or exceeded expectations during the August 2026 reporting season, despite uneven economic conditions and higher funding costs. The...

BKI Investment Company Posts Weekly NTA and Share Price Update

Sep 6, 2026

BKI Investment Company reported a weekly pre-tax net tangible assets per share of $2.07 as at 4 September 2026, noting that the figure is unaudited and indicative. The company also disclosed that its shares closed at $1.88 on the same date, giving in...

BKI Outperforms Benchmark and Lifts Income Stream with Quarterly Dividend

Sep 4, 2026

BKI reported a strong rolling year to 31 August 2026, with portfolio performance including franking credits of 8.3% significantly ahead of the S&P/ASX 300 Accumulation Index’s 5.7%, and pre-tax NTA closing at $2.07 per share despite trading ex-divide...

BKI Investment Company Declares Fully Franked September Quarterly Dividend

Sep 1, 2026

BKI Investment Company Limited has declared a fully franked September quarterly dividend for FY2027 of 1.95 cents per share, with the ex-dividend date set for 16 September 2026 and payment scheduled for 30 September 2026. The timetable gives investor...

BKI Investment Company Shares Trade Below Weekly Pre-Tax NTA

Aug 31, 2026

BKI Investment Company has reported an unaudited pre-tax net tangible assets value of $2.07 per share as of 28 August 2026, offering investors a snapshot of the underlying value of its listed investment portfolio. The company’s shares closed at $1.85...

BKI Sets Date and Digital Access Options for 2026 Annual General Meeting

Aug 28, 2026

BKI Investment Company Limited has released the notice of its 2026 Annual General Meeting, including the shareholder letter, meeting notice, and sample proxy form, in line with ASX listing requirements. The company will hold its 23rd AGM on 13 Octobe...

BKI Enhances Transparency With Material Business Risk Disclosure

Aug 28, 2026

BKI Investment Company Limited has released a detailed material business risk disclosure following discussions with the Australian Securities and Investments Commission about its 2026 Annual Report. The new disclosure supplements the company’s operat...

BKI Investment Company Posts Weekly NTA Update After Final Dividend

Aug 23, 2026

BKI Investment Company Limited reported a pre-tax net tangible asset value of $2.07 per share as at 21 August 2026, reflecting the impact of its FY2026 final dividend of $0.04 per share that went ex-dividend on 14 August. The figure is described as u...

BKI Investment Company Shares Trade Below Unaudited NTA

Aug 10, 2026

BKI Investment Company reported an unaudited pre-tax net tangible asset backing of $2.15 per share as at 7 August 2026, against a closing share price of $1.95 on the same date. The figures highlight a discount of the market price to underlying asset...

BKI lifts earnings, outperforms index and moves to quarterly dividends

Aug 10, 2026

BKI reported a resilient portfolio performance in July 2026, delivering a 2.7% monthly return and lifting pre-tax NTA to $2.13 per share, driven particularly by strong gains in energy and financials holdings such as Woodside Energy and the major bank...

BKI Director Robert Millner Increases Indirect Shareholding via On-Market Purchases

Aug 6, 2026

BKI Investment Company Limited has reported a change in director Robert Dobson Millner’s relevant interests in the company’s ordinary fully paid shares. Millner, through a combination of direct and indirect holdings via several related entities, acqu...

BKI Investment Shares Trade Below Weekly NTA

Aug 3, 2026

BKI Investment Company Limited reported an unaudited pre-tax net tangible asset value of $2.13 per share as at 31 July 2026, compared with a closing share price of $1.90 on the same date. The gap between NTA and market price suggests the stock is tra...

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: Nov 01, 2026