BHP Competitors

BHP Stock  USD 57.69  0.16  0.28%   
BHP Group Limited competes with Materion, Vizsla Resources, Electra Battery, US GoldMining, and BAIYU Holdings; as well as few others. The company runs under Metals & Mining sector within Materials industry. Analyzing BHP Group competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of BHP Group to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out BHP Group Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of BHP Group competition on your existing holdings.
  
As of 03/29/2024, Return On Capital Employed is likely to grow to -0.15. In addition to that, Return On Assets is likely to grow to -0.07. At this time, BHP Group's Non Currrent Assets Other are relatively stable compared to the past year. As of 03/29/2024, Intangible Assets is likely to grow to about 452.3 M, while Total Current Assets are likely to drop slightly above 14.1 B.
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BHP Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
56.6257.9159.20
Details
Intrinsic
Valuation
LowRealHigh
51.9262.7864.07
Details
Naive
Forecast
LowNextHigh
55.8457.1358.42
Details
7 Analysts
Consensus
LowTargetHigh
60.2366.1973.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BHP Group. Your research has to be compared to or analyzed against BHP Group's peers to derive any actionable benefits. When done correctly, BHP Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in BHP Group Limited.

BHP Group Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between BHP Group and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of BHP and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of BHP Group Limited does not affect the price movement of the other competitor.
MTRN
VZLA
ELBM
USGOW
BYU
MTRN
-0.670.6-0.550.39
MTRN
VZLA
-0.67-0.510.27-0.35
VZLA
ELBM
0.6-0.51-0.350.51
ELBM
USGOW
-0.550.27-0.350.07
USGOW
BYU
0.39-0.350.510.07
BYU
MTRN
VZLA
ELBM
USGOW
BYU
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
ELBMMTRN
BYUELBM
BYUMTRN
USGOWVZLA
BYUUSGOW
  
High negative correlations   
VZLAMTRN
USGOWMTRN
ELBMVZLA
USGOWELBM
BYUVZLA

Risk-Adjusted Indicators

There is a big difference between BHP Stock performing well and BHP Group Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze BHP Group's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare BHP Group Limited and related stocks such as Materion, Vizsla Resources Corp, and Electra Battery Materials Net Income Over Time
Select Fundamental
201020112012201320142015201620172018201920202021202220232024
MTRN26.1 M40 M24.7 M19.7 M41.7 M32.2 M25.7 M11.5 M20.8 M50.7 M15.5 M72.5 M86 M95.7 M100.5 M
VZLA(76.22)(76.22)(76.22)(76.22)(76.22)(76.22)(76.22)(76.22)(889.7 K)(4.2 M)(11.7 M)(4.3 M)(13.1 M)(11.8 M)(11.2 M)
ELBM(104.3 K)(104.3 K)(104.3 K)(240.3 K)(1.4 M)(147.9 K)(2.3 M)(26.8 M)(26.8 M)(116.4 M)(2.4 M)(34.9 M)12.6 M(8.9 M)(9.3 M)
USGOW(595 K)(595 K)(595 K)(595 K)(595 K)(595 K)(595 K)(595 K)(595 K)(595 K)(697.3 K)(1.7 M)(9.4 M)(8.4 M)(8 M)
BYU(8.6 M)(8.6 M)(8.6 M)(8.6 M)(8.6 M)(8.6 M)(8.6 M)(8.6 M)(8.6 M)(8.6 M)(6 M)(940.4 K)4.5 M(719.8 K)(755.8 K)

BHP Group Limited and related stocks such as Materion, Vizsla Resources Corp, and Electra Battery Materials Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in BHP Group Limited financial statement analysis. It represents the amount of money remaining after all of BHP Group Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

BHP Group Competitive Analysis

The better you understand BHP Group competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, BHP Group's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across BHP Group's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
BHPMTRNVZLAELBMUSGOWBYU
 0.28 
 57.69 
BHP
 5.22 
 131.75 
Materion
 4.72 
 1.33 
Vizsla
 2.27 
 0.45 
Electra
 9.09 
 1.32 
USGOW
 8.89 
 1.47 
BAIYU
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
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(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
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BHP Group Competition Performance Charts

Five steps to successful analysis of BHP Group Competition

BHP Group's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by BHP Group Limited in relation to its competition. BHP Group's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of BHP Group in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact BHP Group's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to BHP Group Limited, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your BHP Group position

In addition to having BHP Group in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When determining whether BHP Group Limited is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BHP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bhp Group Limited Stock. Highlighted below are key reports to facilitate an investment decision about Bhp Group Limited Stock:
Check out BHP Group Correlation with its peers.
Note that the BHP Group Limited information on this page should be used as a complementary analysis to other BHP Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running BHP Group's price analysis, check to measure BHP Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BHP Group is operating at the current time. Most of BHP Group's value examination focuses on studying past and present price action to predict the probability of BHP Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BHP Group's price. Additionally, you may evaluate how the addition of BHP Group to your portfolios can decrease your overall portfolio volatility.
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Is BHP Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BHP Group. If investors know BHP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BHP Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Dividend Share
1.52
Earnings Share
2.92
Revenue Per Share
21.974
Quarterly Revenue Growth
0.057
The market value of BHP Group Limited is measured differently than its book value, which is the value of BHP that is recorded on the company's balance sheet. Investors also form their own opinion of BHP Group's value that differs from its market value or its book value, called intrinsic value, which is BHP Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BHP Group's market value can be influenced by many factors that don't directly affect BHP Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BHP Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if BHP Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BHP Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.