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Big River Industries Limited (BRI) Fair Value & Analysis

Basic Materials · AU · Market cap A$136M

BR Big River Industries Limited BRI · AU
PriceA$1.42
Fair ValueA$2.12
Upside+49.3%
Quality55/100
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Mixed Growth
Thin margins · 0.9% net margin
Low debt · generates free cash flow
2.82% dividend yield
Ranks above peers (9/14)
Narrow moat 29/100
Evidence: High Range A$1.32 – A$2.94 Share as image

Fair value as of: Jul 14, 2026

From 15 valuation models · updated 27 days ago

Fair value updated Jul 14, 2026, revised from A$2.22 to A$2.12 (−4.5%) since Jun 24, 2026.

A solid business, screening 49% undervalued on our models.

What matters now

  • Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (A$1.32 to A$2.94) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

A$2.39 A$1.15 Fair Value A$2.12 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range A$1.15 – A$2.39 · fair‑value band A$1.32 – A$2.94 · the A$1.42 price screens below the A$2.12 fair value. Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

Big River Industries Limited (BRI) currently trades at A$1.42, while our model-based Fair Value estimate is A$2.12, implying the stock looks roughly 49.3% undervalued today. The Quality Score stands at 55/100 (solid quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Big River Industries Limited generated revenue of A$400M at a net margin of 0.9%. Revenue declined 2.7% year over year. It earns a return on equity of 3.4%. Net debt stands at A$53.0M. Fundamentals as of Jul 14, 2026

Our scenario range runs from A$1.32 (bear case) to A$2.94 (bull case); at A$1.42, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 3% below its 52-week high and 18% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -32% fair-value upside, at 49%, BRI screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF A$1.79 A$2.82 A$4.19 80
Rev-Margin DCF A$1.20 A$1.99 A$3.01 74
ROIC Compounder A$0.4700 A$0.5600 A$0.6300 72
All 15 models by family
DCF Models
FCF DCF A$1.83 A$3.02 A$4.72 38
5Y Revenue Exit A$1.20 A$1.98 A$2.99 39
5Y EBITDA Exit A$1.78 A$3.17 A$4.87 41
10Y Revenue Exit A$1.41 A$2.17 A$3.24 36
10Y EBITDA Exit A$1.77 A$2.91 A$4.57 37
Earnings-Based
EPV A$0.4700 A$0.5600 A$0.6300 59
Dividend Discount
Gordon GGM A$0.2500 A$0.4200 A$0.5400 70
DDM Multi-Stage A$0.2500 A$0.4000 A$0.4500 61
Multiples
EV/EBIT A$0.9700 A$1.38 A$1.79 53
EV/EBITDA A$1.97 A$2.71 A$3.45 54
EV/Revenue A$0.8100 A$1.26 A$1.72 43
Asset-Based
NCAV (Graham) A$0.5400 A$0.7200 A$1.08 50
Growth DCF
Growth DCF A$1.79 A$2.82 A$4.19 80
Rev-Margin DCF A$1.20 A$1.99 A$3.01 74
Economic Profit
ROIC Compounder A$0.4700 A$0.5600 A$0.6300 72

Widest divergence: DCF Models (A$2.91) versus Dividend Discount (A$0.4000). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) A$400M
Revenue growth (YoY) -2.7%
Net margin 0.9%
Return on equity 3.4%
Free cash flow A$21.1M FY2025
P/E ratio 36.0
More key figures
Operating margin 2.9%
EPS (TTM) A$0.0400
Dividend yield 2.8%
EPS growth (YoY) +145%
Net debt A$53.0M FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 54 · Market factors (momentum, volatility) 62

Profitability 36
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 52
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 92
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 59
Distance to the 52-week high (market factor)
Net Issuance 75
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Big River Industries Limited, together with its subsidiaries, engages in the manufacture, distribution, and retail of timber and building products in Australia and New Zealand. The company operates through Panels and Construction segments.

Full company description

Big River Industries Limited, together with its subsidiaries, engages in the manufacture, distribution, and retail of timber and building products in Australia and New Zealand. The company operates through Panels and Construction segments. It offers building materials, such as building products, pine framing, fibre cement, LVL, I-beams and laminated beams, structural and decorative hardwoods, plywood, sheet materials, timber moldings, particle board flooring, landscape and fencing supplies, timber flooring and decking, doors, door furniture, external timber cladding, builders' hardware, formwork materials, insulation, and others. The company also provides formwork products, including formply, formwork LVL, PVC wall system, steel reinforcing products, and armourdeck steel decking, as well as formwork accessories; and bridge products comprising engineered plywood bridge decking, girder beams, and structural kerbing. In addition, it offers flooring products, including engineered wood panels, oak flooring, hardwood stair tread, prefinished and uncoated engineered timber, and solid tongue and groove flooring; and flooring accessories consisting of trims/beading/scotia, foam and rubber flooring underlays, aluminum trims, floor coatings, adhesives, fixings/nails, and other products. Further, the company provides plywood products, such as anti-slip, structural appearance grade, hardwood, sound barrier fencing, structural, T&G ply flooring and roofing products, and V-grooved plywood and panelling products; MaxiWall, an autoclaved aerated concrete (AAC) panel; MaxiFloor, an AAC flooring product; and Armourcab, a decorative wood panelling. It sells its products to professional builders, formworkers, construction companies, and building contractors in the residential, non-residential and infrastructure markets. Big River Industries Limited was incorporated in 2015 and is headquartered in Junction Hill, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Big River Industries Limited reported revenue of A$405M in FY2025 versus A$281M in FY2021, a compound +9.5%/yr. Reported net income was −A$14.8M in FY2025.

Growth Quality 61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$405M
Latest YoY
−2.3%
Avg. growth/yr (3Y) 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.
−0.3%
Avg. growth/yr (5Y) 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.
+10.2%
Avg. growth/yr (14Y) 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.
+7.9%
Revenue +9.5%/yr
FY21 A$281M
FY22 A$409M
FY23 A$449M
FY24 A$415M
FY25 A$405M
Net income
FY21 A$1.8M
FY22 A$21.3M
FY23 A$22.2M
FY24 A$8.0M
FY25 −A$14.8M

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Cite: Fair Value Calculator (2026). "Big River Industries Limited Fair Value". https://www.fairvalue-calculator.com/stock/BRI

Peer Group

Lumber & Wood Production · 76 stocks

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.

Quality Score 55 · Above median
Fair Value upside +49% · Top 25%
Return on equity (TTM) 3% · Above median
Return on assets 3% · Above median
Net margin (TTM) 1% · Above median
Operating margin (TTM) 3% · Above median
Revenue growth -3% · Below median
Dividend yield (TTM) 2.8% · Above median
Debt / equity 0.45× · Higher than 75% of peers

Valuation Multiples vs Lumber & Wood Production median · lower = cheaper

P/E (TTM) 36.0× · Pricier than median
P/B 0.94× · Pricier than median
P/S (TTM) 0.24× · Cheaper than median
P/FCF 4.5× · Pricier than median
EV/EBITDA 7.0× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 99 · sector 16
FUTURE 0 · sector 0
PAST 14 · sector 0
HEALTH 77 · sector 92
DIVIDEND 56 · sector 32

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Lumber & Wood Production stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Simpson Manufacturing Co SSD $188.80 $147.92 -22%
West Fraser Timber Co WFG C$98.54 C$51.55 -48%
UFP Industries, Inc UFPI $85.93 $108.78 +27%
Stella-Jones Inc SJ C$78.93 C$96.01 +22%
Boise Cascade Company BCC $76.06 $51.92 -32%
Century Plyboards (India) Limited CENTURYPLY ₹799.50 ₹201.01 -75%
DeHua TB New Decoration Material Co 002043 ¥11.74 ¥14.78 +26%
Canfor Corporation CFP C$14.17 C$4.54 -68%
Interfor Corporation IFP C$13.45 C$6.43 -52%
Kangxin New Materials Co 600076 ¥3.05 ¥0.6700 -78%

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Frequently asked questions

Is Big River Industries Limited (BRI) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of A$2.12 versus a price of A$1.42, about +49% (undervalued).
What is the fair value of BRI?
Our model-based fair value for Big River Industries Limited is A$2.12 (as of Jul 14, 2026), built from audited fundamentals. The current price is A$1.42.
What is the quality score of BRI?
Big River Industries Limited has a Quality Score of 55/100. 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 revenue of Big River Industries Limited (BRI)?
Big River Industries Limited reported trailing-twelve-month revenue of about A$400M (latest available figure, as of Jul 14, 2026).
What is the net profit margin of BRI?
The net profit margin of Big River Industries Limited is about 0.9%, meaning it keeps roughly 0.9% of revenue as net income. Based on the latest reported figures.
Does Big River Industries Limited pay a dividend?
Big River Industries Limited currently shows a dividend yield of about 3.03% relative to its recent price (as of Jul 14, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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