166.1 USD
-0.55 (-0.33%)
166.1 USD
0 (0%)
Taking everything into account, BCPC scores 6 out of 10 in our fundamental rating. BCPC was compared to 83 industry peers in the Chemicals industry. Both the health and profitability get an excellent rating, making BCPC a very profitable company, without any liquidiy or solvency issues. BCPC is valied quite expensively at the moment, while it does show a decent growth rate. This makes BCPC very considerable for quality investing!
1. Profitability
1.1 Basic Checks
- BCPC had positive earnings in the past year.
- In the past year BCPC had a positive cash flow from operations.
- BCPC had positive earnings in each of the past 5 years.
- In the past 5 years BCPC always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 8.98%, BCPC belongs to the best of the industry, outperforming 92.77% of the companies in the same industry.
- The Return On Equity of BCPC (11.50%) is better than 80.72% of its industry peers.
- BCPC's Return On Invested Capital of 10.44% is amongst the best of the industry. BCPC outperforms 85.54% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for BCPC is above the industry average of 6.11%.
- The 3 year average ROIC (8.80%) for BCPC is below the current ROIC(10.44%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.98% | ||
| ROE | 11.5% | ||
| ROIC | 10.44% |
ROA(3y)7.15%
ROA(5y)7.34%
ROE(3y)10.9%
ROE(5y)10.78%
ROIC(3y)8.8%
ROIC(5y)8.82%
1.3 Margins
- The Profit Margin of BCPC (14.72%) is better than 93.98% of its industry peers.
- BCPC's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 20.23%, BCPC belongs to the top of the industry, outperforming 85.54% of the companies in the same industry.
- In the last couple of years the Operating Margin of BCPC has grown nicely.
- Looking at the Gross Margin, with a value of 35.82%, BCPC is in the better half of the industry, outperforming 71.08% of the companies in the same industry.
- BCPC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.23% | ||
| PM (TTM) | 14.72% | ||
| GM | 35.82% |
OM growth 3Y6.43%
OM growth 5Y3.44%
PM growth 3Y3.85%
PM growth 5Y1.7%
GM growth 3Y5.02%
GM growth 5Y1.43%
2. Health
2.1 Basic Checks
- BCPC has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- BCPC has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for BCPC has been increased compared to 5 years ago.
- Compared to 1 year ago, BCPC has an improved debt to assets ratio.
2.2 Solvency
- BCPC has an Altman-Z score of 11.03. This indicates that BCPC is financially healthy and has little risk of bankruptcy at the moment.
- With an excellent Altman-Z score value of 11.03, BCPC belongs to the best of the industry, outperforming 98.80% of the companies in the same industry.
- BCPC has a debt to FCF ratio of 0.96. This is a very positive value and a sign of high solvency as it would only need 0.96 years to pay back of all of its debts.
- BCPC has a better Debt to FCF ratio (0.96) than 95.18% of its industry peers.
- A Debt/Equity ratio of 0.12 indicates that BCPC is not too dependend on debt financing.
- BCPC has a better Debt to Equity ratio (0.12) than 87.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.96 | ||
| Altman-Z | 11.03 |
ROIC/WACC0.68
WACC15.36%
2.3 Liquidity
- A Current Ratio of 2.72 indicates that BCPC has no problem at all paying its short term obligations.
- The Current ratio of BCPC (2.72) is better than 74.70% of its industry peers.
- A Quick Ratio of 1.67 indicates that BCPC should not have too much problems paying its short term obligations.
- BCPC has a better Quick ratio (1.67) than 68.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.72 | ||
| Quick Ratio | 1.67 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 18.33% over the past year.
- Measured over the past 5 years, BCPC shows a small growth in Earnings Per Share. The EPS has been growing by 6.55% on average per year.
- The Revenue has been growing slightly by 7.55% in the past year.
- Measured over the past years, BCPC shows a quite strong growth in Revenue. The Revenue has been growing by 8.18% on average per year.
EPS 1Y (TTM)18.33%
EPS 3Y7.05%
EPS 5Y6.55%
EPS Q2Q%19.47%
Revenue 1Y (TTM)7.55%
Revenue growth 3Y6.08%
Revenue growth 5Y8.18%
Sales Q2Q%11.51%
3.2 Future
- Based on estimates for the next years, BCPC will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.22% on average per year.
- BCPC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.87% yearly.
EPS Next Y19.01%
EPS Next 2Y13.92%
EPS Next 3Y11.25%
EPS Next 5Y11.22%
Revenue Next Year8.25%
Revenue Next 2Y7.3%
Revenue Next 3Y6.01%
Revenue Next 5Y5.87%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 33.42, the valuation of BCPC can be described as expensive.
- BCPC's Price/Earnings ratio is in line with the industry average.
- When comparing the Price/Earnings ratio of BCPC to the average of the S&P500 Index (28.87), we can say BCPC is valued inline with the index average.
- With a Price/Forward Earnings ratio of 29.22, BCPC can be considered very expensive at the moment.
- Based on the Price/Forward Earnings ratio, BCPC is valued a bit more expensive than 60.24% of the companies in the same industry.
- BCPC's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.96.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.42 | ||
| Fwd PE | 29.22 |
4.2 Price Multiples
- BCPC's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. BCPC is more expensive than 77.11% of the companies in the same industry.
- BCPC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.29 | ||
| EV/EBITDA | 21.96 |
4.3 Compensation for Growth
- BCPC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- BCPC has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.76
PEG (5Y)5.11
EPS Next 2Y13.92%
EPS Next 3Y11.25%
5. Dividend
5.1 Amount
- BCPC has a yearly dividend return of 0.57%, which is pretty low.
- BCPC's Dividend Yield is slightly below the industry average, which is at 2.23.
- With a Dividend Yield of 0.57, BCPC pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.57% |
5.2 History
- On average, the dividend of BCPC grows each year by 11.02%, which is quite nice.
- BCPC has been paying a dividend for at least 10 years, so it has a reliable track record.
- BCPC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)11.02%
Div Incr Years15
Div Non Decr Years26
5.3 Sustainability
- 18.95% of the earnings are spent on dividend by BCPC. This is a low number and sustainable payout ratio.
- BCPC's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP18.95%
EPS Next 2Y13.92%
EPS Next 3Y11.25%
BALCHEM CORP / BCPC FAQ
What is the ChartMill fundamental rating of BALCHEM CORP (BCPC) stock?
ChartMill assigns a fundamental rating of 6 / 10 to BCPC.
Can you provide the valuation status for BALCHEM CORP?
ChartMill assigns a valuation rating of 2 / 10 to BALCHEM CORP (BCPC). This can be considered as Overvalued.
What is the profitability of BCPC stock?
BALCHEM CORP (BCPC) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for BCPC stock?
The Price/Earnings (PE) ratio for BALCHEM CORP (BCPC) is 33.42 and the Price/Book (PB) ratio is 4.15.
Is the dividend of BALCHEM CORP sustainable?
The dividend rating of BALCHEM CORP (BCPC) is 5 / 10 and the dividend payout ratio is 18.95%.