Bhp Group Limited Stock Beta

BHP Stock

USD 58.73 2.90 4.71%

BHP Group Limited fundamentals help investors to digest information that contributes to BHP Group's financial success or failures. It also enables traders to predict the movement of BHP Stock. The fundamental analysis module provides a way to measure BHP Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BHP Group stock.

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

BHP Group Limited Company Beta Analysis

BHP Group's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current BHP Group Beta

0.86

Most of BHP Group's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BHP Group Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

BHP Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for BHP Group is extremely important. It helps to project a fair market value of BHP Stock properly, considering its historical fundamentals such as Beta. Since BHP Group's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of BHP Group's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of BHP Group's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Long Term Debt	Good Will	Short Term Investments	Common Stock	Property Plant Equipment	Current Deferred Revenue	Treasury Stock	Long Term Investments	Short Long Term Debt	Net Tangible Assets	Deferred Long Term Liab	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.98	0.69	0.98	0.71	0.98	0.57	0.16	0.7	0.86	0.82	0.66	-0.24	-0.49	0.96	-0.05	-0.15	0.11	0.04	0.12	0.04	0.19	0.2	0.22	0.11	0.13	-0.11
Total Stockholder Equity	0.98		0.72	1.0	0.73	0.93	0.5	0.08	0.78	0.85	0.84	0.7	-0.16	-0.55	0.96	0.08	-0.27	0.24	0.16	0.25	0.17	0.27	0.29	0.32	0.23	0.19	-0.22
Net Debt	0.69	0.72		0.75	0.41	0.62	-0.13	0.16	0.93	0.53	0.83	0.84	-0.36	-0.59	0.78	0.38	-0.49	0.51	0.42	0.53	0.48	0.69	0.44	0.6	0.33	-0.02	-0.44
Retained Earnings	0.98	1.0	0.75		0.71	0.92	0.47	0.07	0.81	0.84	0.85	0.73	-0.17	-0.55	0.96	0.13	-0.31	0.27	0.19	0.3	0.21	0.31	0.31	0.36	0.26	0.2	-0.24
Net Receivables	0.71	0.73	0.41	0.71		0.72	0.37	0.33	0.49	0.83	0.36	0.61	0.25	-0.11	0.76	0.09	-0.44	0.21	0.32	0.21	0.29	-0.16	-0.12	-0.06	-0.16	-0.16	0.18
Total Liab	0.98	0.93	0.62	0.92	0.72		0.61	0.26	0.58	0.87	0.74	0.6	-0.24	-0.41	0.94	-0.15	-0.07	0.0	-0.04	-0.01	-0.05	0.07	0.09	0.08	-0.04	0.03	0.01
Total Current Assets	0.57	0.5	-0.13	0.47	0.37	0.61		0.08	-0.08	0.53	0.22	-0.12	-0.08	-0.07	0.38	-0.47	0.38	-0.47	-0.44	-0.42	-0.5	-0.44	-0.17	-0.31	-0.13	0.41	0.27
Short Term Debt	0.16	0.08	0.16	0.07	0.33	0.26	0.08		0.01	0.24	-0.05	0.13	-0.48	0.24	0.3	-0.46	0.1	-0.22	-0.18	-0.39	-0.21	-0.47	-0.7	-0.63	-0.75	-0.66	0.6
Intangible Assets	0.7	0.78	0.93	0.81	0.49	0.58	-0.08	0.01		0.52	0.84	0.86	-0.22	-0.6	0.78	0.48	-0.63	0.59	0.55	0.66	0.6	0.68	0.48	0.66	0.5	0.14	-0.49
Accounts Payable	0.86	0.85	0.53	0.84	0.83	0.87	0.53	0.24	0.52		0.58	0.53	-0.04	-0.39	0.86	-0.02	-0.16	0.09	0.04	0.07	0.04	-0.03	0.06	0.02	-0.06	-0.01	0.0
Long Term Debt	0.82	0.84	0.83	0.85	0.36	0.74	0.22	-0.05	0.84	0.58		0.72	-0.36	-0.79	0.83	0.11	-0.17	0.23	0.09	0.27	0.15	0.62	0.5	0.56	0.5	0.26	-0.52
Good Will	0.66	0.7	0.84	0.73	0.61	0.6	-0.12	0.13	0.86	0.53	0.72		-0.08	-0.36	0.78	0.31	-0.54	0.36	0.44	0.51	0.5	0.52	0.21	0.49	0.24	-0.13	-0.21
Short Term Investments	-0.24	-0.16	-0.36	-0.17	0.25	-0.24	-0.08	-0.48	-0.22	-0.04	-0.36	-0.08		0.21	-0.27	0.33	-0.28	0.22	0.32	0.26	0.31	-0.11	0.11	0.09	0.21	0.15	-0.04
Common Stock	-0.49	-0.55	-0.59	-0.55	-0.11	-0.41	-0.07	0.24	-0.6	-0.39	-0.79	-0.36	0.21		-0.5	-0.27	0.12	-0.4	-0.09	-0.31	-0.13	-0.64	-0.73	-0.6	-0.62	-0.34	0.82
Property Plant Equipment	0.96	0.96	0.78	0.96	0.76	0.94	0.38	0.3	0.78	0.86	0.83	0.78	-0.27	-0.5		0.0	-0.25	0.2	0.12	0.17	0.13	0.22	0.14	0.21	0.06	-0.05	-0.11
Current Deferred Revenue	-0.05	0.08	0.38	0.13	0.09	-0.15	-0.47	-0.46	0.48	-0.02	0.11	0.31	0.33	-0.27	0.0		-0.87	0.84	0.91	0.96	0.92	0.66	0.65	0.74	0.58	0.26	-0.62
Treasury Stock	-0.15	-0.27	-0.49	-0.31	-0.44	-0.07	0.38	0.1	-0.63	-0.16	-0.17	-0.54	-0.28	0.12	-0.25	-0.87		-0.79	-0.98	-0.9	-0.98	-0.47	-0.34	-0.53	-0.35	-0.02	0.33
Long Term Investments	0.11	0.24	0.51	0.27	0.21	0.0	-0.47	-0.22	0.59	0.09	0.23	0.36	0.22	-0.4	0.2	0.84	-0.79		0.81	0.85	0.82	0.59	0.62	0.65	0.45	0.04	-0.62
Short Long Term Debt	0.04	0.16	0.42	0.19	0.32	-0.04	-0.44	-0.18	0.55	0.04	0.09	0.44	0.32	-0.09	0.12	0.91	-0.98	0.81		0.92	0.99	0.5	0.39	0.56	0.38	0.06	-0.37
Net Tangible Assets	0.12	0.25	0.53	0.3	0.21	-0.01	-0.42	-0.39	0.66	0.07	0.27	0.51	0.26	-0.31	0.17	0.96	-0.9	0.85	0.92		0.95	0.72	0.64	0.81	0.62	0.28	-0.61
Deferred Long Term Liab	0.04	0.17	0.48	0.21	0.29	-0.05	-0.5	-0.21	0.6	0.04	0.15	0.5	0.31	-0.13	0.13	0.92	-0.98	0.82	0.99	0.95		0.57	0.44	0.63	0.44	0.08	-0.42
Long Term Debt Total	0.19	0.27	0.69	0.31	-0.16	0.07	-0.44	-0.47	0.68	-0.03	0.62	0.52	-0.11	-0.64	0.22	0.66	-0.47	0.59	0.5	0.72	0.57		0.82	0.95	0.78	0.34	-0.83
Capital Surpluse	0.2	0.29	0.44	0.31	-0.12	0.09	-0.17	-0.7	0.48	0.06	0.5	0.21	0.11	-0.73	0.14	0.65	-0.34	0.62	0.39	0.64	0.44	0.82		0.89	0.82	0.55	-0.95
Net Invested Capital	0.22	0.32	0.6	0.36	-0.06	0.08	-0.31	-0.63	0.66	0.02	0.56	0.49	0.09	-0.6	0.21	0.74	-0.53	0.65	0.56	0.81	0.63	0.95	0.89		0.86	0.51	-0.86
Cash And Equivalents	0.11	0.23	0.33	0.26	-0.16	-0.04	-0.13	-0.75	0.5	-0.06	0.5	0.24	0.21	-0.62	0.06	0.58	-0.35	0.45	0.38	0.62	0.44	0.78	0.82	0.86		0.74	-0.83
Net Working Capital	0.13	0.19	-0.02	0.2	-0.16	0.03	0.41	-0.66	0.14	-0.01	0.26	-0.13	0.15	-0.34	-0.05	0.26	-0.02	0.04	0.06	0.28	0.08	0.34	0.55	0.51	0.74		-0.48
Capital Stock	-0.11	-0.22	-0.44	-0.24	0.18	0.01	0.27	0.6	-0.49	0.0	-0.52	-0.21	-0.04	0.82	-0.11	-0.62	0.33	-0.62	-0.37	-0.61	-0.42	-0.83	-0.95	-0.86	-0.83	-0.48

Click cells to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict BHP Group

In accordance with the recently published financial statements, BHP Group Limited has a Beta of 0.859. This indicator is about the same for the Metals & Mining average (which is currently at 0.87) sector and significantly higher than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.

BHP Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BHP Group's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BHP Group could also be used in its relative valuation, which is a method of valuing BHP Group by comparing valuation metrics of similar companies.

BHP Group is currently under evaluation in beta category among related companies.

BHP Group ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, BHP Group's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to BHP Group's managers, analysts, and investors.

Environmental

Governance

Social

BHP Group Institutional Holders

Institutional Holdings refers to the ownership stake in BHP Group that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of BHP Group's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing BHP Group's value.

		Shares
Royal Bank Of Canada	2023-12-31	1.5 M
Fmr Inc	2023-12-31	1.5 M
State Farm Mutual Automobile Ins Co	2023-12-31	1.3 M
Sih Partners Lllp	2023-12-31	1.3 M
Westwood Global Investments Llc	2023-12-31	1.2 M
Atlantic Trust Group, Llc	2023-12-31	942 K
Lmr Partners Llp	2023-12-31	901.9 K
Wells Fargo & Co	2023-12-31	836.7 K
Jane Street Group, Llc	2023-12-31	823.5 K
Fisher Asset Management, Llc	2023-12-31	19.9 M
Harding Loevner L.p.	2023-12-31	10.7 M

BHP Group returns are very sensitive to returns on the market. As the market goes up or down, BHP Group is expected to follow.

BHP Fundamentals

	Return On Equity	0.19
	Return On Asset	0.15
	Profit Margin	0.13 %
	Operating Margin	0.39 %
	Current Valuation	329.78 B
	Shares Outstanding	2.54 B
	Shares Owned By Insiders	0.02 %
	Shares Owned By Institutions	3.66 %
	Number Of Shares Shorted	8 M
	Price To Earning	7.62 X
	Price To Book	3.58 X
	Price To Sales	2.71 X
	Revenue	53.82 B
	Gross Profit	43.23 B
	EBITDA	27.12 B
	Net Income	21.4 B
	Cash And Equivalents	5.22 B
	Cash Per Share	6.93 X
	Total Debt	22.34 B
	Debt To Equity	0.37 %
	Current Ratio	1.69 X
	Book Value Per Share	8.17 X
	Cash Flow From Operations	18.7 B
	Short Ratio	2.73 X
	Earnings Per Share	2.92 X
	Target Price	63.35
	Number Of Employees	49.09 K
	Beta	0.86
	Market Capitalization	156.28 B
	Total Asset	101.3 B
	Retained Earnings	39.79 B
	Working Capital	4.31 B
	Current Asset	17.71 B
	Current Liabilities	12.34 B
	Annual Yield	0.05 %
	Five Year Return	6.18 %
	Net Asset	101.3 B
	Last Dividend Paid	1.52

About BHP Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze BHP Group Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BHP Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BHP Group Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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

Details

Is BHP Stock a good investment?

Details

What is BHP Group's Net Worth?

Details

Largest Other Industrial Metals & Mining Companies

View

Largest Basic Materials Companies

View

Check out BHP Group Piotroski F Score and BHP Group Altman Z Score 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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.

	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Portfolio Anywhere Track or share privately all of your investments from the convenience of any device
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account
	USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA
	Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios.
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Money Managers Screen money managers from public funds and ETFs managed around the world
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Bhp Group Limited Stock Beta

BHP Group Limited Company Beta Analysis

Beta

Covariance

Variance

Current BHP Group Beta

BHP Beta Driver Correlations

BHP Beta Peer Comparison

BHP Group ESG Sustainability

BHP Group Institutional Holders

BHP Fundamentals

About BHP Group Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for BHP Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY