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: 4.19
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

$2.67

27 Jun
2025

0.000

OPEN

$2.70

0.000

HIGH

$2.72

880,472

LOW

$2.67

TARGET
$3.04 13.9% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
ACF . BKW . BRI . FBR . JHX . JLG . MGH . RWC . SFC . SRG . WGN .
FNARENA'S MARKET CONSENSUS FORECASTS
FBU: 1
Title FY25
Forecast		 FY26
Forecast
EPS (cps) 13.8 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 19.4 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 © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-26.0
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx7,107.4 M
Book Value Per Share xxxxxxxxxxxxxxx377.6
Net Operating Cash Flow xxxxxxxxxxxxxxx368.2 M
Net Profit Margin xxxxxxxxxxxxxxx-1.12 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-2.49 %
Return on Invested Capital xxxxxxxxxxxxxxx-1.30 %
Return on Assets xxxxxxxxxxxxxxx-0.97 %
Return on Equity xxxxxxxxxxxxxxx-2.49 %
Return on Total Capital xxxxxxxxxxxxxxx7.19 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-118.4 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 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx228 M
Long Term Debt xxxxxxxxxxxxxxx3,005 M
Total Debt xxxxxxxxxxxxxxx3,234 M
Goodwill - Gross xxxxxxxxxxxxxxx587 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx284 M
Price To Book Value xxxxxxxxxxxxxxx0.66

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx371.9 M
Capex % of Sales xxxxxxxxxxxxxxx5.23 %
Cost of Goods Sold xxxxxxxxxxxxxxx5,107 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,540 M
Research & Development xxxxxxxxxxxxxxx3 M
Investments - Total xxxxxxxxxxxxxxx335 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

0.0

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%

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Citi

19/06/2025

1

Buy

-

-

Citi revised its view on the housing market in New Zealand, now expecting a more muted recovery, which translates to a similar view on Fletcher Building.

The broker previously expected interest rate cuts to drive a housing recovery, but notes house prices and consents in the Auckland market have underperformed the rest of New Zealand.

Buy retained to reflect a stabilising market. Target cut to NZ$3.75 from NZ$3.90.

FORECAST
Citi forecasts a full year FY25 dividend of 0.00 cents and EPS of 13.41 cents.
Citi forecasts a full year FY26 dividend of 5.02 cents and EPS of 19.89 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$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

26/06/2025

1

Buy

-

-

At Fletcher Building's investor day, the company indicated the NZ business seems to have bottomed, with Australia still trying to bottom, and FY26 likely to be another challenging year operationally.

The analyst also noted a lift in significant items of around NZ$345m, which was not expected. Jarden has lowered earnings before interest and tax forecasts for FY25–FY27.

Buy rating retained. Target cut to NZ$4.14 from NZ$4.30.

FORECAST
Jarden forecasts a full year FY25 dividend of 0.00 cents and EPS of 22.35 cents.
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of 17.51 cents.
Access Extra Coverage Research History >

FBU STOCK CHART

FNArena News on FBU

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