BHP Financial Ratios Analysis

BHP Stock

USD 57.99 0.42 0.72%

Most ratios from BHP Group's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into BHP Group Limited current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out BHP Group Valuation and BHP Group Correlation analysis.

At this time, BHP Group's POCF Ratio is relatively stable compared to the past year. As of 04/19/2024, PFCF Ratio is likely to grow to 23.47, while Invested Capital is likely to drop 0.72.

	2021	2022	2023	2024 (projected)
Dividend Yield	0.13	0.0878	0.0238	0.0283
Price To Sales Ratio	2.18	2.81	1.13	1.66

Dividend Yield Price To Sales Ratio

BHP Group fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Invested Capital	Operating Cash Flow Per Share	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality
Price To Sales Ratio		-0.02	0.77	-0.47	0.56	-0.42	-0.67	0.26	-0.69	0.77	0.99	-0.02	0.72	-0.64	0.29	0.58	-0.65	-0.77	0.16	0.79	-0.6	0.39	-0.3	-0.1	0.57	0.52
Dividend Yield	-0.02		-0.22	-0.77	0.7	0.67	-0.46	0.78	0.42	-0.22	-0.13	0.78	0.44	-0.48	0.76	0.5	-0.59	0.36	0.9	-0.5	0.63	0.76	0.65	0.02	0.63	0.33
Ptb Ratio	0.77	-0.22		-0.11	0.21	-0.34	-0.47	0.17	-0.77	1.0	0.77	-0.05	0.68	-0.42	0.31	0.45	-0.21	-0.64	-0.16	0.75	-0.74	0.0	-0.33	0.01	0.12	0.35
Days Sales Outstanding	-0.47	-0.77	-0.11		-0.88	-0.3	0.63	-0.67	-0.08	-0.11	-0.39	-0.52	-0.66	0.57	-0.67	-0.56	0.81	0.07	-0.85	-0.02	-0.22	-0.96	-0.45	0.05	-0.88	-0.74
Book Value Per Share	0.56	0.7	0.21	-0.88		0.34	-0.78	0.84	0.0	0.21	0.46	0.68	0.79	-0.8	0.76	0.81	-0.85	-0.09	0.89	0.0	0.25	0.85	0.44	-0.06	0.85	0.7
Free Cash Flow Yield	-0.42	0.67	-0.34	-0.3	0.34		-0.26	0.7	0.72	-0.34	-0.54	0.88	0.22	-0.18	0.64	0.27	-0.05	0.8	0.64	-0.8	0.75	0.3	0.9	0.18	0.06	0.27
Invested Capital	-0.67	-0.46	-0.47	0.63	-0.78	-0.26		-0.73	0.25	-0.47	-0.57	-0.56	-0.88	0.92	-0.75	-0.88	0.8	0.23	-0.59	-0.23	0.04	-0.58	-0.27	0.08	-0.66	-0.7
Operating Cash Flow Per Share	0.26	0.78	0.17	-0.67	0.84	0.7	-0.73		0.16	0.17	0.14	0.95	0.79	-0.75	0.94	0.8	-0.6	0.2	0.87	-0.32	0.43	0.62	0.62	0.01	0.56	0.53
Capex To Depreciation	-0.69	0.42	-0.77	-0.08	0.0	0.72	0.25	0.16		-0.77	-0.74	0.43	-0.39	0.3	0.04	-0.26	0.18	0.94	0.39	-0.86	0.8	0.19	0.81	0.33	-0.07	-0.03
Pb Ratio	0.77	-0.22	1.0	-0.11	0.21	-0.34	-0.47	0.17	-0.77		0.77	-0.05	0.68	-0.42	0.31	0.45	-0.21	-0.64	-0.16	0.75	-0.74	0.0	-0.33	0.01	0.12	0.35
Ev To Sales	0.99	-0.13	0.77	-0.39	0.46	-0.54	-0.57	0.14	-0.74	0.77		-0.15	0.64	-0.54	0.17	0.48	-0.56	-0.83	0.05	0.86	-0.67	0.31	-0.41	-0.13	0.49	0.46
Free Cash Flow Per Share	-0.02	0.78	-0.05	-0.52	0.68	0.88	-0.56	0.95	0.43	-0.05	-0.15		0.57	-0.56	0.86	0.63	-0.4	0.5	0.83	-0.57	0.62	0.5	0.79	0.1	0.37	0.4
Roic	0.72	0.44	0.68	-0.66	0.79	0.22	-0.88	0.79	-0.39	0.68	0.64	0.57		-0.85	0.85	0.89	-0.66	-0.33	0.56	0.31	-0.15	0.54	0.2	-0.09	0.57	0.7
Inventory Turnover	-0.64	-0.48	-0.42	0.57	-0.8	-0.18	0.92	-0.75	0.3	-0.42	-0.54	-0.56	-0.85		-0.75	-0.97	0.81	0.28	-0.6	-0.18	0.0	-0.5	-0.16	0.06	-0.65	-0.48
Net Income Per Share	0.29	0.76	0.31	-0.67	0.76	0.64	-0.75	0.94	0.04	0.31	0.17	0.86	0.85	-0.75		0.82	-0.54	0.13	0.75	-0.19	0.29	0.55	0.54	-0.01	0.47	0.55
Days Of Inventory On Hand	0.58	0.5	0.45	-0.56	0.81	0.27	-0.88	0.8	-0.26	0.45	0.48	0.63	0.89	-0.97	0.82		-0.7	-0.2	0.61	0.13	0.05	0.47	0.24	-0.06	0.57	0.51
Payables Turnover	-0.65	-0.59	-0.21	0.81	-0.85	-0.05	0.8	-0.6	0.18	-0.21	-0.56	-0.4	-0.66	0.81	-0.54	-0.7		0.31	-0.72	-0.18	-0.03	-0.81	-0.17	0.03	-0.96	-0.56
Capex To Revenue	-0.77	0.36	-0.64	0.07	-0.09	0.8	0.23	0.2	0.94	-0.64	-0.83	0.5	-0.33	0.28	0.13	-0.2	0.31		0.3	-0.89	0.77	0.03	0.82	0.32	-0.24	-0.07
Cash Per Share	0.16	0.9	-0.16	-0.85	0.89	0.64	-0.59	0.87	0.39	-0.16	0.05	0.83	0.56	-0.6	0.75	0.61	-0.72	0.3		-0.42	0.6	0.86	0.7	0.03	0.77	0.54
Pocfratio	0.79	-0.5	0.75	-0.02	0.0	-0.8	-0.23	-0.32	-0.86	0.75	0.86	-0.57	0.31	-0.18	-0.19	0.13	-0.18	-0.89	-0.42		-0.84	-0.05	-0.7	-0.26	0.12	0.23
Interest Coverage	-0.6	0.63	-0.74	-0.22	0.25	0.75	0.04	0.43	0.8	-0.74	-0.67	0.62	-0.15	0.0	0.29	0.05	-0.03	0.77	0.6	-0.84		0.33	0.7	-0.17	0.09	0.01
Payout Ratio	0.39	0.76	0.0	-0.96	0.85	0.3	-0.58	0.62	0.19	0.0	0.31	0.5	0.54	-0.5	0.55	0.47	-0.81	0.03	0.86	-0.05	0.33		0.5	-0.08	0.9	0.72
Capex To Operating Cash Flow	-0.3	0.65	-0.33	-0.45	0.44	0.9	-0.27	0.62	0.81	-0.33	-0.41	0.79	0.2	-0.16	0.54	0.24	-0.17	0.82	0.7	-0.7	0.7	0.5		0.34	0.23	0.44
Pfcf Ratio	-0.1	0.02	0.01	0.05	-0.06	0.18	0.08	0.01	0.33	0.01	-0.13	0.1	-0.09	0.06	-0.01	-0.06	0.03	0.32	0.03	-0.26	-0.17	-0.08	0.34		0.01	-0.14
Days Payables Outstanding	0.57	0.63	0.12	-0.88	0.85	0.06	-0.66	0.56	-0.07	0.12	0.49	0.37	0.57	-0.65	0.47	0.57	-0.96	-0.24	0.77	0.12	0.09	0.9	0.23	0.01		0.58
Income Quality	0.52	0.33	0.35	-0.74	0.7	0.27	-0.7	0.53	-0.03	0.35	0.46	0.4	0.7	-0.48	0.55	0.51	-0.56	-0.07	0.54	0.23	0.01	0.72	0.44	-0.14	0.58

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BHP Group Account Relationship Matchups

BHP Group fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	2.61	2.89	2.18	2.81	1.13	1.66
Dividend Yield	0.0613	0.0481	0.13	0.0878	0.0238	0.0283
Ptb Ratio	2.34	3.2	3.16	3.4	2.52	2.16
Book Value Per Share	18.93	20.27	17.77	17.57	3.13	2.98
Free Cash Flow Yield	0.0719	0.13	0.18	0.0769	0.0447	0.0491
Pb Ratio	2.34	3.2	3.16	3.4	2.52	2.16
Inventory Turnover	5.49	5.17	5.14	5.01	9.27	6.82
Net Income Per Share	3.15	4.47	8.99	5.1	(0.84)	(0.8)
Payables Turnover	3.9	4.51	4.74	4.15	7.96	5.41
Pocfratio	7.14	6.03	4.42	8.08	6.08	6.26
Interest Coverage	13.07	44.74	52.75	19.33	0.88	0.84
Payout Ratio	0.86	0.7	0.78	1.03	(0.22)	(0.21)
Pfcf Ratio	13.9	7.66	5.45	13.0	22.35	23.47
Income Quality	1.97	2.36	1.59	1.45	(1.55)	(1.47)
Roe	0.17	0.22	0.51	0.29	(0.27)	(0.25)
Pe Ratio	14.09	14.53	6.25	11.69	(9.43)	(8.96)
Ev To Free Cash Flow	15.59	7.93	5.42	13.86	33.26	34.92
Earnings Yield	0.0709	0.0688	0.16	0.0855	(0.11)	(0.1)
Receivables Turnover	11.51	8.98	11.44	10.55	7.23	6.38

Pair Trading with BHP Group

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BHP Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BHP Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with BHP Stock

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Moving against BHP Stock

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0.54	ELBM	Electra Battery Materials Financial Report 8th of May 2024	Pair Corr
0.47	NMG	Nouveau Monde Graphite Financial Report 8th of May 2024	Pair Corr

The ability to find closely correlated positions to BHP Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BHP Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BHP Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BHP Group Limited to buy it.

The correlation of BHP Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BHP Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BHP Group Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for BHP Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In BHP

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Is BHP Stock a good investment?

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What is BHP Group's Net Worth?

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Check out BHP Group Valuation and BHP Group Correlation analysis.

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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for BHP Stock analysis

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.

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BHP Financial Ratios Analysis

BHP Group fundamentals Correlations

BHP Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BHP Group fundamentals Accounts

Pair Trading with BHP Group

Moving together with BHP Stock

Moving against BHP Stock

Complementary Tools for BHP Stock analysis

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Pb Ratio	+ 1.0	Ptb Ratio
Ev To Sales	+ 0.99	Price To Sales Ratio
Free Cash Flow Per Share	+ 0.95	Operating Cash Flow Per Share
Net Income Per Share	+ 0.94	Operating Cash Flow Per Share
Capex To Revenue	+ 0.94	Capex To Depreciation
Inventory Turnover	+ 0.92	Invested Capital

Days Of Inventory On Hand	- 0.97	Inventory Turnover
Days Payables Outstanding	- 0.96	Payables Turnover
Payout Ratio	- 0.96	Days Sales Outstanding
Pocfratio	- 0.89	Capex To Revenue
Days Of Inventory On Hand	- 0.88	Invested Capital
Roic	- 0.88	Invested Capital