KONINKLIJKE BAM GROEP NV (BAMNB.AS) Stock Fundamental Analysis
AMS:BAMNB - Euronext Amsterdam - NL0000337319 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to BAMNB. BAMNB was compared to 41 industry peers in the Construction & Engineering industry. BAMNB scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. BAMNB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year BAMNB was profitable.
BAMNB had a positive operating cash flow in the past year.
Of the past 5 years BAMNB 4 years were profitable.
Of the past 5 years BAMNB 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.11%, BAMNB is doing worse than 67.50% of the companies in the same industry.
Looking at the Return On Equity, with a value of 9.18%, BAMNB is doing worse than 70.00% of the companies in the same industry.
BAMNB's Return On Invested Capital of 7.54% is on the low side compared to the rest of the industry. BAMNB is outperformed by 60.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BAMNB is below the industry average of 11.40%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.11% | ||
| ROE | 9.18% | ||
| ROIC | 7.54% |
ROA(3y)3.76%
ROA(5y)1.87%
ROE(3y)16.79%
ROE(5y)6.44%
ROIC(3y)8.76%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of BAMNB (1.27%) is worse than 82.50% of its industry peers.
BAMNB's Profit Margin has improved in the last couple of years.
The Operating Margin of BAMNB (1.92%) is worse than 82.50% of its industry peers.
In the last couple of years the Operating Margin of BAMNB has grown nicely.
Looking at the Gross Margin, with a value of 27.21%, BAMNB is doing worse than 77.50% of the companies in the same industry.
In the last couple of years the Gross Margin of BAMNB has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.92% | ||
| PM (TTM) | 1.27% | ||
| GM | 27.21% |
OM growth 3Y23.98%
OM growth 5Y26.14%
PM growth 3Y72.61%
PM growth 5Y50.49%
GM growth 3Y-22.03%
GM growth 5Y-14.4%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BAMNB is still creating some value.
The number of shares outstanding for BAMNB has been reduced compared to 1 year ago.
The number of shares outstanding for BAMNB has been reduced compared to 5 years ago.
The debt/assets ratio for BAMNB is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.20 indicates that BAMNB is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.20, BAMNB perfoms like the industry average, outperforming 57.50% of the companies in the same industry.
BAMNB has a debt to FCF ratio of 1.89. This is a very positive value and a sign of high solvency as it would only need 1.89 years to pay back of all of its debts.
BAMNB has a Debt to FCF ratio of 1.89. This is in the better half of the industry: BAMNB outperforms 72.50% of its industry peers.
A Debt/Equity ratio of 0.27 indicates that BAMNB is not too dependend on debt financing.
The Debt to Equity ratio of BAMNB (0.27) is better than 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 1.89 | ||
| Altman-Z | 2.2 |
ROIC/WACC1.05
WACC7.17%
2.3 Liquidity
A Current Ratio of 0.98 indicates that BAMNB may have some problems paying its short term obligations.
BAMNB has a worse Current ratio (0.98) than 67.50% of its industry peers.
BAMNB has a Quick Ratio of 0.98. This is a bad value and indicates that BAMNB is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of BAMNB (0.80) is worse than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.8 |
3. Growth
3.1 Past
BAMNB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -52.76%.
BAMNB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 49.63% yearly.
BAMNB shows a small growth in Revenue. In the last year, the Revenue has grown by 2.94%.
Measured over the past years, BAMNB shows a decrease in Revenue. The Revenue has been decreasing by -2.10% on average per year.
EPS 1Y (TTM)-52.76%
EPS 3Y67.62%
EPS 5Y49.63%
EPS Q2Q%-75.76%
Revenue 1Y (TTM)2.94%
Revenue growth 3Y-4.08%
Revenue growth 5Y-2.1%
Sales Q2Q%0.13%
3.2 Future
BAMNB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.77% yearly.
BAMNB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.44% yearly.
EPS Next Y33.74%
EPS Next 2Y23.84%
EPS Next 3Y13.77%
EPS Next 5YN/A
Revenue Next Year4.44%
Revenue Next 2Y3.68%
Revenue Next 3Y3.3%
Revenue Next 5Y0.44%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 23.88, which indicates a rather expensive current valuation of BAMNB.
75.00% of the companies in the same industry are cheaper than BAMNB, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of BAMNB to the average of the S&P500 Index (26.35), we can say BAMNB is valued inline with the index average.
The Price/Forward Earnings ratio is 9.57, which indicates a very decent valuation of BAMNB.
Based on the Price/Forward Earnings ratio, BAMNB is valued a bit cheaper than the industry average as 72.50% of the companies are valued more expensively.
BAMNB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.88 | ||
| Fwd PE | 9.57 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BAMNB indicates a somewhat cheap valuation: BAMNB is cheaper than 67.50% of the companies listed in the same industry.
BAMNB's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.88 | ||
| EV/EBITDA | 6.22 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BAMNB's earnings are expected to grow with 13.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.71
PEG (5Y)0.48
EPS Next 2Y23.84%
EPS Next 3Y13.77%
5. Dividend
5.1 Amount
BAMNB has a Yearly Dividend Yield of 3.49%. Purely for dividend investing, there may be better candidates out there.
BAMNB's Dividend Yield is a higher than the industry average which is at 3.61.
Compared to an average S&P500 Dividend Yield of 2.42, BAMNB pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
5.2 History
On average, the dividend of BAMNB grows each year by 18.60%, which is quite nice.
Dividend Growth(5Y)18.6%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
BAMNB pays out 31.78% of its income as dividend. This is a sustainable payout ratio.
The dividend of BAMNB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP31.78%
EPS Next 2Y23.84%
EPS Next 3Y13.77%
AMS:BAMNB (6/20/2025, 7:00:00 PM)
7.165
+0.01 (+0.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners35.77%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap2.04B
Analysts85.45
Price Target6.09 (-15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
Yearly Dividend0.1
Dividend Growth(5Y)18.6%
DP31.78%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.36%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.88 | ||
| Fwd PE | 9.57 | ||
| P/S | 0.32 | ||
| P/FCF | 11.88 | ||
| P/OCF | 7.93 | ||
| P/B | 2.27 | ||
| P/tB | 3.72 | ||
| EV/EBITDA | 6.22 |
EPS(TTM)0.3
EY4.19%
EPS(NY)0.75
Fwd EY10.45%
FCF(TTM)0.6
FCFY8.42%
OCF(TTM)0.9
OCFY12.61%
SpS22.73
BVpS3.15
TBVpS1.93
PEG (NY)0.71
PEG (5Y)0.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.11% | ||
| ROE | 9.18% | ||
| ROCE | 10.06% | ||
| ROIC | 7.54% | ||
| ROICexc | 19.82% | ||
| ROICexgc | 77% | ||
| OM | 1.92% | ||
| PM (TTM) | 1.27% | ||
| GM | 27.21% | ||
| FCFM | 2.65% |
ROA(3y)3.76%
ROA(5y)1.87%
ROE(3y)16.79%
ROE(5y)6.44%
ROIC(3y)8.76%
ROIC(5y)N/A
ROICexc(3y)17.07%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)11.68%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-17.99%
ROICexc growth 3YN/A
ROICexc growth 5Y3.69%
OM growth 3Y23.98%
OM growth 5Y26.14%
PM growth 3Y72.61%
PM growth 5Y50.49%
GM growth 3Y-22.03%
GM growth 5Y-14.4%
F-Score7
Asset Turnover1.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.27 | ||
| Debt/FCF | 1.89 | ||
| Debt/EBITDA | 0.93 | ||
| Cap/Depr | 64.54% | ||
| Cap/Sales | 1.32% | ||
| Interest Coverage | 6.71 | ||
| Cash Conversion | 100.22% | ||
| Profit Quality | 208.35% | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.8 | ||
| Altman-Z | 2.2 |
F-Score7
WACC7.17%
ROIC/WACC1.05
Cap/Depr(3y)71.69%
Cap/Depr(5y)60.2%
Cap/Sales(3y)1.36%
Cap/Sales(5y)1.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-52.76%
EPS 3Y67.62%
EPS 5Y49.63%
EPS Q2Q%-75.76%
EPS Next Y33.74%
EPS Next 2Y23.84%
EPS Next 3Y13.77%
EPS Next 5YN/A
Revenue 1Y (TTM)2.94%
Revenue growth 3Y-4.08%
Revenue growth 5Y-2.1%
Sales Q2Q%0.13%
Revenue Next Year4.44%
Revenue Next 2Y3.68%
Revenue Next 3Y3.3%
Revenue Next 5Y0.44%
EBIT growth 1Y-20.64%
EBIT growth 3Y18.91%
EBIT growth 5Y23.49%
EBIT Next Year132.3%
EBIT Next 3Y39.68%
EBIT Next 5YN/A
FCF growth 1Y701.15%
FCF growth 3Y-6.32%
FCF growth 5Y-9.18%
OCF growth 1Y142.83%
OCF growth 3Y-2.61%
OCF growth 5Y-6.77%