BKI Investment Company Ltd (BKI) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of BKI Investment Company Ltd stock A$1.60, price A$1.79, that is 10.6% below the price, quality 60 out of 100. Rating: overvalued. Calculated from audited financials with 2 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range A$1.32 – A$1.91 · fair‑value band A$1.20 – A$2.00 · the A$1.79 price screens above the A$1.60 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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BKI Investment Company Limited is a publicly owned investment manager. The firm invests in the public equity markets. It invest in the stocks of companies operating across diversified sectors. It also invest in well managed, quality Australian companies.
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The firm primarily invests in dividend paying stocks of companies. It employs bottom up approach with a focus on merits of individual companies rather than market and economic trends to create its portfolio. The firm conducts in-house research to make its investments.
BKI Investment Company Limited was formed on October 17, 2003 and is based in Sydney, Australia.
Stock analysis
BKI Investment Company Ltd (BKI) currently trades at A$1.79, while our model-based Fair Value estimate is A$1.60, 11% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 2 models at a data quality of 96/100, which puts the data coverage at high.
Scenario range: A$1.20 (bear) to A$2.00 (bull), the price of A$1.79 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Financial Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
BKI Investment Company Ltd reported revenue of A$72.4M in FY2026 versus A$105M in FY2022, a compound −8.8%/yr. Reported net income was A$64.4M in FY2026, compounding −10.6%/yr from FY2022.
Key figures
Market cap A$1.4B (≈ $996M) Small · P/E ratio 22.4 · P/S ratio 20.4 · EPS (TTM) A$0.0800 · Dividend yield 4.5% · Net margin 91.1% · Return on equity 4.4% · Return on assets (EBIT) 4.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 65 out of 100 (low confidence).
What moves the price
The share trades about 6% below its 52-week high and 12% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −16% fair-value upside, at −11%, BKI screens cheaper than that median.
Fair Value models
BearA$1.20Fair Value A$1.60BullA$2.00
Price A$1.79 · Downside -10.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+3.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−2.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.7%
Start year 2021 (pandemic). Over 10 years: +4.9% a year
Revenue growth 22 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+8.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+3.8%
Dividend (yield on the price)4.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.3.8% vs 0.7%, picking up
Profit margin 2004 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.85% → 96%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+24.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Australia: IMF forecast 3.0% a year to 2030, 2.9% from 2016 to 2025) that is about +20.8% a year for the price.
Compare BKI Investment Company Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Asset Management · 587 stocks
Beats the industry median on 4/14 measures
Overall it trails its industry peers.
Valuation
Quality Score60 · Above median
Fair Value upside−10.6% · Below median
Profitability
Return on equity (12 months)4.4% · Below median
Return on assets3.9% · Below median
Net margin (12 months)91.1% · Top 25%
Operating margin (12 months)96.2% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)1.1% · Below median
Dividend yield (12 months)4.5% · Above median
Balance sheet
Debt / equity0.91× · Highest 25%
Valuation Multiplesvs Asset Management median · lower = cheaper
P/E (12 months)22.4× · Priciest 25%
P/B0.95× · Pricier than median
P/S (12 months)20.43× · Priciest 25%
Price / free cash flow (fiscal year)22.8× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "BKI Investment Company Ltd Fair Value". https://www.fairvalue-calculator.com/stock/BKI
Frequently asked questions
Is BKI Investment Company Ltd (BKI) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of A$1.60 versus a price of A$1.79, about 11% lower (overvalued).
What is the fair value of BKI?
Our model-based fair value for BKI Investment Company Ltd is A$1.60 (as of Nov 5, 2026), built from audited fundamentals. The current price: A$1.79.
What is the quality score of BKI?
BKI Investment Company Ltd has a Quality Score of 60/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for BKI Investment Company Ltd (BKI)?
Our model-based price target is the fair value of A$1.60 (as of Nov 5, 2026) from 2 valuation models. Cautious scenario A$1.20, optimistic scenario A$2.00. It is a calculation from audited fundamentals, not an analyst target.
What is the BKI Investment Company Ltd stock forecast for 2026?
Our models put fair value at A$1.60, about 11% lower versus a price of A$1.79 (overvalued). Cautious scenario A$1.20, optimistic scenario A$2.00. The calculation is refreshed regularly with new filings.
What is the revenue of BKI Investment Company Ltd (BKI)?
BKI Investment Company Ltd reported trailing-twelve-month revenue of about A$70.7M (latest available figure, as of Nov 5, 2026).
Does BKI Investment Company Ltd pay a dividend?
BKI Investment Company Ltd currently shows a dividend yield of 4.47% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of BKI Investment Company Ltd (BKI) and when is the ex-dividend date?
BKI Investment Company Ltd pays a dividend of A$0.08 per share a year, a dividend yield of 4.5%. The last ex-dividend date was Sep 16, 2026. A dividend has been paid every year since at least 2004. The payout ratio is 100% of earnings. Free cash flow covers the dividend 0.98 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into BKI Investment Company Ltd (BKI)?
For today's price to be fair in a discounted-cash-flow model, BKI Investment Company Ltd would have to grow free cash flow by +24.3 % per year for five years (discount rate 9.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +12.7 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of BKI use?
Our models discount BKI Investment Company Ltd at 9.6 %: a base by market capitalisation (small), damped by beta 0.36, country premium for Australia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For BKI Investment Company Ltd that is +24.3 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.6 %) and the same formula as our fair value.
How much growth has BKI Investment Company Ltd (BKI) delivered so far?
Over the past 5 years revenue at BKI Investment Company Ltd grew +12.7 % a year. The price currently implies free-cash-flow growth of +24.3 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of BKI Investment Company Ltd (BKI) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into BKI Investment Company Ltd (+24.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of BKI Investment Company Ltd (BKI)?
The free-cash-flow yield on the price is 4.38 %: that much free cash flow BKI Investment Company Ltd produces per unit of market value. When it exceeds the discount rate of our models (9.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of BKI Investment Company Ltd (BKI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For BKI Investment Company Ltd it is A$1.60 per share (as of Nov 5, 2026), against a price of A$1.79. It is the blended result of 2 valuation models in 2 families (Multiples, Asset-Based).
Is BKI Investment Company Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, BKI trades above its calculated fair value: price A$1.79, fair value A$1.60, a gap of about −11% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BKI?
No. The price is what the market pays today (A$1.79); the fair value is what the company's own numbers justify (A$1.60). For BKI Investment Company Ltd the two are A$0.1900 per share apart. That gap is exactly why we show both numbers side by side.
How much is BKI Investment Company Ltd worth?
The market values BKI Investment Company Ltd at about A$1.4B (market capitalisation, as of Nov 5, 2026). Per share that is A$1.79; our models calculate a fair value of A$1.60 per share.
What do the bullish and bearish scenarios say about BKI?
Our models span a range for BKI Investment Company Ltd: cautious scenario A$1.20, base A$1.60, optimistic A$2.00 per share (as of Nov 5, 2026, price A$1.79). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BKI?
BKI Investment Company Ltd trades at a price-to-earnings ratio of 22.4 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of A$1.60 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings: 21.0. Other multiples: P/B 1.0, P/S 20.4, EV/EBITDA 39.7.
How solid is the balance sheet of BKI Investment Company Ltd (BKI)?
Balance-sheet figures for BKI Investment Company Ltd (as of Nov 5, 2026): return on equity 4.4%, debt of 0.91 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is BKI from its 52-week high?
BKI Investment Company Ltd trades at A$1.79, about 6% below its 52-week high of A$1.91 and 12% above the low of A$1.60 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of A$1.60 is for.
Which stocks are comparable to BKI Investment Company Ltd?
From the same area (Financial Services) we also value Blackstone Inc, Brookfield Asset Management Ltd, KKR & Co, Apollo Global Management, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is BKI Investment Company Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price A$1.79, calculated fair value A$1.60 (−11%), Quality Score 60/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BKI calculated?
We run BKI Investment Company Ltd through 2 models from 2 families: Multiples, Asset-Based. Every model gets the same audited fundamentals; the fair value of A$1.60 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. BKI Investment Company Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of BKI Investment Company Ltd (BKI)?
The closing price on Nov 9, 2026 was A$1.79. Our model-based fair value is A$1.60, about 11% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with BKI Investment Company Ltd right now?
For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly. The price sits in the upper half of our model range, so the margin of safety is thin. The data supports the verdict: every model runs on fully documented inputs.
Key figures of BKI Investment Company Ltd
How large is the market capitalisation of BKI Investment Company Ltd (BKI)?
The market capitalisation of BKI Investment Company Ltd is A$1.4B (≈ $996M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of BKI Investment Company Ltd (BKI)?
The price-to-sales ratio of BKI Investment Company Ltd is 20.4 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of BKI Investment Company Ltd (BKI)?
Earnings per share at BKI Investment Company Ltd are A$0.0800 (price ÷ EPS = P/E 22.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of BKI Investment Company Ltd (BKI)?
The dividend yield of BKI Investment Company Ltd is 4.5% (payout 100%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of BKI Investment Company Ltd (BKI)?
The net margin of BKI Investment Company Ltd is 91.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of BKI Investment Company Ltd (BKI)?
The return on equity (ROE) of BKI Investment Company Ltd is 4.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of BKI Investment Company Ltd (BKI)?
On an EBIT basis the return on assets of BKI Investment Company Ltd is 4.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of BKI Investment Company Ltd (BKI)?
The operating margin of BKI Investment Company Ltd is 96.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at BKI Investment Company Ltd (BKI)?
Revenue at BKI Investment Company Ltd is growing +1.1% versus a year earlier (3y avg −2.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at BKI Investment Company Ltd (BKI)?
Earnings per share at BKI Investment Company Ltd are growing −1.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does BKI Investment Company Ltd (BKI) hold?
BKI Investment Company Ltd holds more cash than debt, A$55.1M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 5, 2026