BECHTLE AG (BC8.DE) Stock Fundamental Analysis
FRA:BC8 - Deutsche Boerse Ag - DE0005158703 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to BC8. BC8 was compared to 71 industry peers in the IT Services industry. While BC8 has a great health rating, its profitability is only average at the moment. BC8 does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year BC8 was profitable.
In the past year BC8 had a positive cash flow from operations.
BC8 had positive earnings in each of the past 5 years.
In the past 5 years BC8 always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of BC8 (5.82%) is better than 66.20% of its industry peers.
The Return On Equity of BC8 (12.84%) is comparable to the rest of the industry.
With a decent Return On Invested Capital value of 9.55%, BC8 is doing good in the industry, outperforming 60.56% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BC8 is in line with the industry average of 10.92%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.82% | ||
| ROE | 12.84% | ||
| ROIC | 9.55% |
ROA(3y)6.7%
ROA(5y)6.98%
ROE(3y)14.8%
ROE(5y)15.62%
ROIC(3y)12.02%
ROIC(5y)11.98%
1.3 Margins
The Profit Margin of BC8 (3.89%) is comparable to the rest of the industry.
BC8's Profit Margin has improved in the last couple of years.
BC8's Operating Margin of 5.57% is in line compared to the rest of the industry. BC8 outperforms 47.89% of its industry peers.
BC8's Operating Margin has improved in the last couple of years.
BC8's Gross Margin of 18.05% is on the low side compared to the rest of the industry. BC8 is outperformed by 80.28% of its industry peers.
In the last couple of years the Gross Margin of BC8 has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.57% | ||
| PM (TTM) | 3.89% | ||
| GM | 18.05% |
OM growth 3Y0.2%
OM growth 5Y6.64%
PM growth 3Y-3.72%
PM growth 5Y4.18%
GM growth 3Y1.35%
GM growth 5Y4.79%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so BC8 is creating value.
BC8 has about the same amout of shares outstanding than it did 1 year ago.
BC8 has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, BC8 has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.91 indicates that BC8 is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 3.91, BC8 belongs to the best of the industry, outperforming 83.10% of the companies in the same industry.
The Debt to FCF ratio of BC8 is 1.25, which is an excellent value as it means it would take BC8, only 1.25 years of fcf income to pay off all of its debts.
BC8 has a Debt to FCF ratio of 1.25. This is amongst the best in the industry. BC8 outperforms 80.28% of its industry peers.
BC8 has a Debt/Equity ratio of 0.21. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.21, BC8 is doing good in the industry, outperforming 70.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.25 | ||
| Altman-Z | 3.91 |
ROIC/WACC1.49
WACC6.43%
2.3 Liquidity
BC8 has a Current Ratio of 1.64. This is a normal value and indicates that BC8 is financially healthy and should not expect problems in meeting its short term obligations.
BC8's Current ratio of 1.64 is fine compared to the rest of the industry. BC8 outperforms 74.65% of its industry peers.
BC8 has a Quick Ratio of 1.41. This is a normal value and indicates that BC8 is financially healthy and should not expect problems in meeting its short term obligations.
BC8 has a Quick ratio of 1.41. This is in the better half of the industry: BC8 outperforms 70.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.41 |
3. Growth
3.1 Past
BC8 shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.02%.
Measured over the past 5 years, BC8 shows a small growth in Earnings Per Share. The EPS has been growing by 7.58% on average per year.
Looking at the last year, BC8 shows a decrease in Revenue. The Revenue has decreased by -1.82% in the last year.
The Revenue has been growing slightly by 3.25% on average over the past years.
EPS 1Y (TTM)-8.02%
EPS 3Y1.89%
EPS 5Y7.58%
EPS Q2Q%-6.56%
Revenue 1Y (TTM)-1.82%
Revenue growth 3Y5.93%
Revenue growth 5Y3.25%
Sales Q2Q%-4.16%
3.2 Future
The Earnings Per Share is expected to grow by 6.76% on average over the next years.
Based on estimates for the next years, BC8 will show a small growth in Revenue. The Revenue will grow by 3.74% on average per year.
EPS Next Y2.65%
EPS Next 2Y5.99%
EPS Next 3Y6.76%
EPS Next 5YN/A
Revenue Next Year1.94%
Revenue Next 2Y3.83%
Revenue Next 3Y4.55%
Revenue Next 5Y3.74%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BC8 is valuated rather expensively with a Price/Earnings ratio of 19.64.
Based on the Price/Earnings ratio, BC8 is valued a bit cheaper than the industry average as 63.38% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 25.91, BC8 is valued a bit cheaper.
With a Price/Forward Earnings ratio of 19.13, BC8 is valued on the expensive side.
BC8's Price/Forward Earnings is on the same level as the industry average.
BC8's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.64 | ||
| Fwd PE | 19.13 |
4.2 Price Multiples
BC8's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. BC8 is more expensive than 60.56% of the companies in the same industry.
61.97% of the companies in the same industry are more expensive than BC8, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.28 | ||
| EV/EBITDA | 9.58 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
BC8 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)7.41
PEG (5Y)2.59
EPS Next 2Y5.99%
EPS Next 3Y6.76%
5. Dividend
5.1 Amount
BC8 has a Yearly Dividend Yield of 1.80%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.87, BC8 has a dividend in line with its industry peers.
BC8's Dividend Yield is slightly below the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
5.2 History
On average, the dividend of BC8 grows each year by 16.00%, which is quite nice.
Dividend Growth(5Y)16%
Div Incr Years4
Div Non Decr Years5
5.3 Sustainability
BC8 pays out 35.93% of its income as dividend. This is a sustainable payout ratio.
The dividend of BC8 is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP35.93%
EPS Next 2Y5.99%
EPS Next 3Y6.76%
FRA:BC8 (5/22/2025, 5:36:15 PM)
38.3
-0.7 (-1.79%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners41.11%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap4.83B
Analysts73
Price Target42.88 (11.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.8% |
Yearly Dividend0.7
Dividend Growth(5Y)16%
DP35.93%
Div Incr Years4
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.02%
Min EPS beat(2)-9.76%
Max EPS beat(2)-2.28%
EPS beat(4)0
Avg EPS beat(4)-4.9%
Min EPS beat(4)-9.76%
Max EPS beat(4)-2.28%
EPS beat(8)2
Avg EPS beat(8)-2.1%
EPS beat(12)4
Avg EPS beat(12)-0.87%
EPS beat(16)8
Avg EPS beat(16)1.95%
Revenue beat(2)1
Avg Revenue beat(2)-0.15%
Min Revenue beat(2)-0.86%
Max Revenue beat(2)0.55%
Revenue beat(4)1
Avg Revenue beat(4)-5.58%
Min Revenue beat(4)-16.2%
Max Revenue beat(4)0.55%
Revenue beat(8)3
Avg Revenue beat(8)-0.68%
Revenue beat(12)6
Avg Revenue beat(12)-0.42%
Revenue beat(16)6
Avg Revenue beat(16)-6.42%
PT rev (1m)-2%
PT rev (3m)-0.86%
EPS NQ rev (1m)-7.02%
EPS NQ rev (3m)-22.58%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.5%
Revenue NQ rev (1m)-1.99%
Revenue NQ rev (3m)-6.59%
Revenue NY rev (1m)-2.6%
Revenue NY rev (3m)-3.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.64 | ||
| Fwd PE | 19.13 | ||
| P/S | 0.77 | ||
| P/FCF | 10.28 | ||
| P/OCF | 8.65 | ||
| P/B | 2.52 | ||
| P/tB | 5.35 | ||
| EV/EBITDA | 9.58 |
EPS(TTM)1.95
EY5.09%
EPS(NY)2
Fwd EY5.23%
FCF(TTM)3.73
FCFY9.73%
OCF(TTM)4.43
OCFY11.57%
SpS50.05
BVpS15.17
TBVpS7.16
PEG (NY)7.41
PEG (5Y)2.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.82% | ||
| ROE | 12.84% | ||
| ROCE | 13.47% | ||
| ROIC | 9.55% | ||
| ROICexc | 13.16% | ||
| ROICexgc | 28.2% | ||
| OM | 5.57% | ||
| PM (TTM) | 3.89% | ||
| GM | 18.05% | ||
| FCFM | 7.45% |
ROA(3y)6.7%
ROA(5y)6.98%
ROE(3y)14.8%
ROE(5y)15.62%
ROIC(3y)12.02%
ROIC(5y)11.98%
ROICexc(3y)15.84%
ROICexc(5y)15.71%
ROICexgc(3y)29.63%
ROICexgc(5y)28.23%
ROCE(3y)16.94%
ROCE(5y)16.89%
ROICexcg growth 3Y4.87%
ROICexcg growth 5Y7.72%
ROICexc growth 3Y-3.54%
ROICexc growth 5Y2.28%
OM growth 3Y0.2%
OM growth 5Y6.64%
PM growth 3Y-3.72%
PM growth 5Y4.18%
GM growth 3Y1.35%
GM growth 5Y4.79%
F-Score5
Asset Turnover1.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.25 | ||
| Debt/EBITDA | 0.82 | ||
| Cap/Depr | 63.19% | ||
| Cap/Sales | 1.41% | ||
| Interest Coverage | 16.95 | ||
| Cash Conversion | 113.53% | ||
| Profit Quality | 191.24% | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.41 | ||
| Altman-Z | 3.91 |
F-Score5
WACC6.43%
ROIC/WACC1.49
Cap/Depr(3y)72%
Cap/Depr(5y)67.96%
Cap/Sales(3y)1.45%
Cap/Sales(5y)1.35%
Profit Quality(3y)113.31%
Profit Quality(5y)113.66%
High Growth Momentum
Growth
EPS 1Y (TTM)-8.02%
EPS 3Y1.89%
EPS 5Y7.58%
EPS Q2Q%-6.56%
EPS Next Y2.65%
EPS Next 2Y5.99%
EPS Next 3Y6.76%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.82%
Revenue growth 3Y5.93%
Revenue growth 5Y3.25%
Sales Q2Q%-4.16%
Revenue Next Year1.94%
Revenue Next 2Y3.83%
Revenue Next 3Y4.55%
Revenue Next 5Y3.74%
EBIT growth 1Y-8.1%
EBIT growth 3Y6.14%
EBIT growth 5Y10.1%
EBIT Next Year41.69%
EBIT Next 3Y17.46%
EBIT Next 5Y10.99%
FCF growth 1Y31.19%
FCF growth 3Y27.55%
FCF growth 5Y27.87%
OCF growth 1Y21.59%
OCF growth 3Y25.19%
OCF growth 5Y24.58%