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← CockpitCompetitor Analysis › BFG.AX Bell Financial Group LimitedOpen in the cockpit ↗

Bell Financial Group LimitedBFG.AXCompetitor analysis, valuation and peers

Australia · AUD·Financials›Investment Banks/Brokers
Momentum weak 36
Mkt cap
$300M
US dollars, full cap
Free float
36%
of shares outstanding
$/day
$155,126
20-day average traded
Fwd P/E
8.8×
forward earnings
ROIC−WACC
n/a
WACC 7.4%
Hurdle
n/a
no reverse DCF
Next earnings
103 days
17 Feb 2027
Close · AUDA$1.36
1D-1.1%
1W-3.5%
1M-2.9%
3M-12.3%
6M-4.9%
YTD+3.4%
1Y+9.2%
ATR %2.9%
52w lowhigh15.5% off high

What Bell Financial does

Employees: 720

Bell Financial at a glance

Size Bell Financial (BFG.AX) is an Australia Financials company (Investment Banks/Brokers) with a market value of $300M, the 316th largest of 316 Australia companies the cockpit tracks. Shares closed at A$1.36 on 6 Nov 2026.

Performance Over six months the shares fell 4.9%, against +5.0% for the median peer and +4.1% for the Australia market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue grew 29.5% over the last twelve months (peer median +28.5%); the operating margin is 26.7% (peer median 30.6%).

Valuation It trades at 8.8× forward earnings against a peer median of 15.2× (2nd cheapest of 6).

Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).

Relative performance

10011011 May 202611 Aug 20266 Nov 2026Peer median 104BFG.AX 97
Six months, rebased to 100: Bell Financial against the median of its 20 peers (local-currency closes).

Bell Financial financials

Reported figures in AUD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueA$337MA$296MA$279MA$249MA$241M
Revenue growth—+6%+12%+3%—
Gross profitA$326MA$285MA$268MA$238MA$231M
EBITDAA$102MA$83.8MA$78.7MA$64.5MA$55.2M
Net incomeA$48.4MA$36.0MA$30.7MA$24.3MA$25.7M
Free cash flowA$100MA$79.1M-A$2.50M-A$51.9MA$6.62M
Capital expenditureA$656,000A$225,000A$439,000A$828,000A$436,000
Total debtn/aA$667MA$644MA$615MA$557M

Quarterly statements and history in the cockpit →

Bell Financial competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-20%-10%0%0015000064GEMIARSSBLXTP1476EQUIALNTBWBABGSHAREINDIALEON60165864602460218613SGFIN8707003470BFG.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Bell Financial is the large dot.

Fundamentals: revenue growth against valuation

0%+200%+400%10×15×20×XTPEQUIBWBLEONSGFINBFG.AXRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Bell Financial is the large dot.

Bell Financial competitors and peer comparison

How Bell Financial compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Bell Financial against its 20 peers (data as of 6 Nov 2026)
MeasureBFG.AXPeer medianRank in peer set
1-month return-2.9%-5.9%9th highest of 21
6-month return-4.9%+5.0%8th lowest of 21
Distance from 52-week high-15.5%-18.5%10th highest of 21
Revenue growth (TTM)+29.5%+28.5%9th highest of 20
Operating margin26.7%30.6%10th lowest of 20
Forward P/E8.8×15.2×2nd cheapest of 6

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Bell Financial BFG.AXAustralia$300M-5%+30%27%8.8×n/an/a
Hyundai Motor Securities 001500.KSSouth Korea$311M-38%+121%22%n/an/an/a
Get Nice 0064.HKHong Kong$314M+30%-30%33%n/an/an/a
Gemini Space Station GEMIUnited States$322M-45%+28%-293%n/an/an/a
Anand Rathi Share and Stock Brokers ARSSBL.NSIndia$325M-17%+10%21%n/an/an/a
sino Aktiengesellschaft XTP.DEGermany$329M+21%+458%75%7.2×n/an/a
Financial Street Securities 1476.HKHong Kong$350M-41%+11%21%n/an/an/a
Equita EQUI.MIItaly$360M+4%+25%25%12.8×n/an/a
Alantra Partners ALNT.MCSpain$370M-16%+15%9%n/an/an/a
Baader Bank Aktiengesellschaft BWB.DEGermany$374M+1%+2%14%16.4×n/an/a
ABG Sundal Collier ABG.OLNorway$398M+2%n/an/an/an/an/a
Share India Securities SHAREINDIA.NSIndia$427M+24%+27%32%n/an/an/a
Leonteq LEON.SWSwitzerland$437M+36%-32%-17%15.2×n/an/a
Concord Securities 6016.TWOTaiwan$439M+6%+327%35%n/an/an/a
Concord International Securities 5864.TWOTaiwan$443M+6%+42%95%n/an/an/a
Capital Futures 6024.TWTaiwan$456M+6%+29%11%n/an/an/a
Good Finance Securities 6021.TWOTaiwan$473M+50%+425%76%n/an/an/a
Marusan Securities 8613.TJapan$484M+10%+21%31%n/an/an/a
SG Finserve SGFIN.NSIndia$486M+15%+103%52%21.3×n/an/a
IwaiCosmo 8707.TJapan$517M-6%+33%46%n/an/an/a
Yuanta Securities Korea 003470.KSSouth Korea$554M-28%+76%34%n/an/an/a

Questions

Which companies are Bell Financial's closest peers?
The cockpit's peer set: Hyundai Motor Securities (001500.KS), Get Nice (0064.HK), Gemini Space Station (GEMI), Anand Rathi Share and Stock Brokers (ARSSBL.NS), sino Aktiengesellschaft (XTP.DE), Financial Street Securities (1476.HK), Equita (EQUI.MI), Alantra Partners (ALNT.MC).
Is Bell Financial expensive compared with its peers?
On forward p/e it trades at 8.8× against a peer median of 15.2×, 2nd cheapest of 6 in its peer set.
How has Bell Financial stock performed?
Over six months to 6 Nov 2026 the shares returned -4.9% against +5.0% for the median peer; over one year +9.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.