FLETCHER BUILDING LIMITED (FBU)
Share Price Analysis and Chart

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FBU

FBU - FLETCHER BUILDING LIMITED

FNArena Sector : Building Products & Services
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 3.73
Index: ASX200 | ASX300 | ALL-ORDS

Fletcher Building is a New Zealand construction & engineering company. It also manufactures and markets a range of building products in Australia and New Zealand. It was de-merged from Fletcher Challenge and listed on the ASX & NZX in 2001.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.29

30 Apr
2026

-0.010

OPEN

$2.32

-0.43%

HIGH

$2.33

503,511

LOW

$2.26

TARGET
$2.76 20.5% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ACF . BRI . FBR . JHX . MGH . RWC . SFC . SRG . WGN .
FNARENA'S MARKET CONSENSUS FORECASTS
FBU: 1
Title FY26
Forecast		 FY27
Forecast
EPS (cps) 12.0 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 19.8 xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 14/09 - ex-div 14.7c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx-37.7
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx6,379.6 M
Book Value Per Share xxxxxxxxxxxxxxx312.9
Net Operating Cash Flow xxxxxxxxxxxxxxx477.1 M
Net Profit Margin xxxxxxxxxxxxxxx-5.25 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx-10.52 %
Return on Invested Capital xxxxxxxxxxxxxxx-5.76 %
Return on Assets xxxxxxxxxxxxxxx-4.34 %
Return on Equity xxxxxxxxxxxxxxx-10.52 %
Return on Total Capital xxxxxxxxxxxxxxx5.54 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx221.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx215 M
Long Term Debt xxxxxxxxxxxxxxx2,257 M
Total Debt xxxxxxxxxxxxxxx2,472 M
Goodwill - Gross xxxxxxxxxxxxxxx412 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx129 M
Price To Book Value xxxxxxxxxxxxxxx0.86

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx255.4 M
Capex % of Sales xxxxxxxxxxxxxxx4.00 %
Cost of Goods Sold xxxxxxxxxxxxxxx4,601 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,444 M
Research & Development xxxxxxxxxxxxxxx2 M
Investments - Total xxxxxxxxxxxxxxx358 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.5

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

5

xxxxxxxxxxxx

-

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

-

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Citi

01/04/2026

3

Neutral

-

-

Citi assesses potential risks from rising resin costs on A&NZ Building Products exposures, noting force majeure events and widening crack spreads are creating early signs of supply pressure.

The broker identifies Reece and Fletcher Building as more exposed to potential disruption linked to the Middle East conflict.

It's felt Reliance Worldwide and James Hardie Industries face more moderate and limited impacts, respectively, due to differences in sourcing and regional exposure.

For Fletcher Building, Neutral rating and target of NZ$3.70.

FORECAST
Citi forecasts a full year FY26 dividend of 0.00 cents and EPS of 12.31 cents.
Citi forecasts a full year FY27 dividend of 3.52 cents and EPS of 18.46 cents.

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

16/04/2026

1

Buy

$3.675

60.46%

Jarden maintains a Buy rating and NZ$4.16 target price following the release of 3QFY26 volumes showing early signs of stabilisation.

Trading conditions remain highly competitive with ongoing margin pressure across most divisions, particularly in Distribution, Concrete, and Steel.

Commentary posits the recovery appears uneven and primarily supported by alterations and additions project activity, as demand for new-builds remains weak.

The observation is made that company management is cautious regarding the final quarter due to rising fuel and input costs expected to weigh on margins.

Jarden analysts continue to expect a meaningful recovery in construction activity is unlikely before 2027.

FORECAST
Jarden forecasts a full year FY26 dividend of 3.52 cents and EPS of 10.02 cents.
Jarden forecasts a full year FY27 dividend of 3.52 cents and EPS of 10.11 cents.
Access Extra Coverage Research History >

FBU STOCK CHART

FNArena News on FBU

Latest Building Products & Services News

1
James Hardie Partly Shielded From Housing Downturn

May 19 2022 - Australia
2
Treasure Chest: Too Soon For Reliance Worldwide

Apr 06 2022 - Treasure Chest
3
Johns Lyng Heats Up To Global Warming Events

Mar 23 2022 - Small Caps
4
Building Materials Sector To Withstand Higher Rates

Feb 09 2022 - Australia
5
Sturdy Housing Markets Underpin James Hardie

Nov 10 2021 - Australia
6
CSR Builds To Property Segment Momentum

Nov 09 2021 - Australia
7
Buying Trigger For Johns Lyng Group

Nov 02 2021 - Technicals
8
Has Reliance Worldwide’s Upswing Peaked?

Aug 27 2021 - Australia
9
Johns Lyng Grows In Catastrophe And Strata

Jul 08 2021 - Small Caps
10
Treasure Chest: Boral Sale Adds Complexity

Jun 22 2021 - Treasure Chest