BELDEN INC (BDC) Stock Fundamental Analysis
USA - NYSE:BDC - US0774541066 - Common Stock
119.74 USD
-0.1 (-0.08%)
119.74 USD
0 (0%)
BDC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 123 industry peers in the Electronic Equipment, Instruments & Components industry. While BDC belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. BDC is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
BDC had positive earnings in the past year.
BDC had a positive operating cash flow in the past year.
BDC had positive earnings in 4 of the past 5 years.
In the past 5 years BDC always reported a positive cash flow from operatings.
1.2 Ratios
BDC has a Return On Assets of 6.63%. This is in the better half of the industry: BDC outperforms 79.67% of its industry peers.
BDC has a better Return On Equity (18.36%) than 87.80% of its industry peers.
BDC has a better Return On Invested Capital (9.11%) than 78.86% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BDC is in line with the industry average of 9.53%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.63% | ||
| ROE | 18.36% | ||
| ROIC | 9.11% |
ROA(3y)7.17%
ROA(5y)4.32%
ROE(3y)19.47%
ROE(5y)11.55%
ROIC(3y)10.45%
ROIC(5y)9.19%
1.3 Margins
BDC has a Profit Margin of 8.57%. This is in the better half of the industry: BDC outperforms 75.61% of its industry peers.
In the last couple of years the Profit Margin of BDC has grown nicely.
The Operating Margin of BDC (11.17%) is better than 77.24% of its industry peers.
BDC's Operating Margin has been stable in the last couple of years.
The Gross Margin of BDC (38.23%) is better than 64.23% of its industry peers.
BDC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.17% | ||
| PM (TTM) | 8.57% | ||
| GM | 38.23% |
OM growth 3Y-3.13%
OM growth 5Y0.98%
PM growth 3Y42.67%
PM growth 5YN/A
GM growth 3Y3.44%
GM growth 5Y0.07%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BDC is creating some value.
The number of shares outstanding for BDC has been reduced compared to 1 year ago.
BDC has less shares outstanding than it did 5 years ago.
The debt/assets ratio for BDC has been reduced compared to a year ago.
2.2 Solvency
BDC has an Altman-Z score of 3.12. This indicates that BDC is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.12, BDC perfoms like the industry average, outperforming 47.97% of the companies in the same industry.
The Debt to FCF ratio of BDC is 6.06, which is on the high side as it means it would take BDC, 6.06 years of fcf income to pay off all of its debts.
BDC's Debt to FCF ratio of 6.06 is in line compared to the rest of the industry. BDC outperforms 57.72% of its industry peers.
A Debt/Equity ratio of 1.04 is on the high side and indicates that BDC has dependencies on debt financing.
BDC has a worse Debt to Equity ratio (1.04) than 90.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 6.06 | ||
| Altman-Z | 3.12 |
ROIC/WACC1.03
WACC8.82%
2.3 Liquidity
BDC has a Current Ratio of 1.99. This is a normal value and indicates that BDC is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.99, BDC is not doing good in the industry: 60.16% of the companies in the same industry are doing better.
A Quick Ratio of 1.37 indicates that BDC should not have too much problems paying its short term obligations.
BDC has a worse Quick ratio (1.37) than 61.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.37 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.87% over the past year.
The Earnings Per Share has been growing slightly by 6.00% on average over the past years.
The Revenue has grown by 13.42% in the past year. This is quite good.
Measured over the past years, BDC shows a small growth in Revenue. The Revenue has been growing by 2.92% on average per year.
EPS 1Y (TTM)24.87%
EPS 3Y10.05%
EPS 5Y6%
EPS Q2Q%15.88%
Revenue 1Y (TTM)13.42%
Revenue growth 3Y2.26%
Revenue growth 5Y2.92%
Sales Q2Q%6.61%
3.2 Future
BDC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.03% yearly.
BDC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.20% yearly.
EPS Next Y17.07%
EPS Next 2Y10.74%
EPS Next 3Y9.82%
EPS Next 5Y12.03%
Revenue Next Year9.5%
Revenue Next 2Y7.27%
Revenue Next 3Y6.23%
Revenue Next 5Y5.2%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.22 indicates a correct valuation of BDC.
Based on the Price/Earnings ratio, BDC is valued cheaper than 86.99% of the companies in the same industry.
BDC's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.06.
A Price/Forward Earnings ratio of 15.33 indicates a correct valuation of BDC.
Based on the Price/Forward Earnings ratio, BDC is valued cheaply inside the industry as 84.55% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 32.73. BDC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.22 | ||
| Fwd PE | 15.33 |
4.2 Price Multiples
74.80% of the companies in the same industry are more expensive than BDC, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, BDC is valued cheaper than 81.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.19 | ||
| EV/EBITDA | 13.49 |
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.
The decent profitability rating of BDC may justify a higher PE ratio.
PEG (NY)0.95
PEG (5Y)2.7
EPS Next 2Y10.74%
EPS Next 3Y9.82%
5. Dividend
5.1 Amount
With a yearly dividend of 0.17%, BDC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.14, BDC pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.17, BDC pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.17% |
5.2 History
The dividend of BDC decreases each year by -24.30%.
BDC has been paying a dividend for at least 10 years, so it has a reliable track record.
BDC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-24.3%
Div Incr Years0
Div Non Decr Years20
5.3 Sustainability
BDC pays out 3.53% of its income as dividend. This is a sustainable payout ratio.
DP3.53%
EPS Next 2Y10.74%
EPS Next 3Y9.82%
119.74
-0.1 (-0.08%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners103.8%
Inst Owner Change-1%
Ins Owners1.33%
Ins Owner Change-3.68%
Market Cap4.74B
Revenue(TTM)2.66B
Net Income(TTM)228.02M
Analysts78
Price Target145.45 (21.47%)
Short Float %2.63%
Short Ratio3.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.17% |
Yearly Dividend0.2
Dividend Growth(5Y)-24.3%
DP3.53%
Div Incr Years0
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.14%
Min EPS beat(2)1.76%
Max EPS beat(2)6.52%
EPS beat(4)4
Avg EPS beat(4)6.73%
Min EPS beat(4)1.76%
Max EPS beat(4)12.37%
EPS beat(8)8
Avg EPS beat(8)10.58%
EPS beat(12)11
Avg EPS beat(12)8.75%
EPS beat(16)15
Avg EPS beat(16)9.32%
Revenue beat(2)2
Avg Revenue beat(2)1.45%
Min Revenue beat(2)1.14%
Max Revenue beat(2)1.77%
Revenue beat(4)4
Avg Revenue beat(4)1.03%
Min Revenue beat(4)0.5%
Max Revenue beat(4)1.77%
Revenue beat(8)8
Avg Revenue beat(8)2.08%
Revenue beat(12)10
Avg Revenue beat(12)1.44%
Revenue beat(16)13
Avg Revenue beat(16)1.78%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)1.24%
EPS NQ rev (3m)0.98%
EPS NY rev (1m)0.73%
EPS NY rev (3m)3.66%
Revenue NQ rev (1m)0.3%
Revenue NQ rev (3m)0.28%
Revenue NY rev (1m)0.48%
Revenue NY rev (3m)1.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.22 | ||
| Fwd PE | 15.33 | ||
| P/S | 1.78 | ||
| P/FCF | 22.19 | ||
| P/OCF | 12.85 | ||
| P/B | 3.82 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.49 |
EPS(TTM)7.38
EY6.16%
EPS(NY)7.81
Fwd EY6.52%
FCF(TTM)5.4
FCFY4.51%
OCF(TTM)9.32
OCFY7.78%
SpS67.17
BVpS31.35
TBVpS-5.05
PEG (NY)0.95
PEG (5Y)2.7
Graham Number72.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.63% | ||
| ROE | 18.36% | ||
| ROCE | 10.6% | ||
| ROIC | 9.11% | ||
| ROICexc | 10.26% | ||
| ROICexgc | 24.37% | ||
| OM | 11.17% | ||
| PM (TTM) | 8.57% | ||
| GM | 38.23% | ||
| FCFM | 8.03% |
ROA(3y)7.17%
ROA(5y)4.32%
ROE(3y)19.47%
ROE(5y)11.55%
ROIC(3y)10.45%
ROIC(5y)9.19%
ROICexc(3y)13.44%
ROICexc(5y)11.83%
ROICexgc(3y)33.71%
ROICexgc(5y)30.15%
ROCE(3y)12.15%
ROCE(5y)10.69%
ROICexgc growth 3Y1.45%
ROICexgc growth 5Y-1.29%
ROICexc growth 3Y-5.56%
ROICexc growth 5Y3.4%
OM growth 3Y-3.13%
OM growth 5Y0.98%
PM growth 3Y42.67%
PM growth 5YN/A
GM growth 3Y3.44%
GM growth 5Y0.07%
F-Score7
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 6.06 | ||
| Debt/EBITDA | 3.05 | ||
| Cap/Depr | 122.23% | ||
| Cap/Sales | 5.84% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 86.98% | ||
| Profit Quality | 93.77% | ||
| Current Ratio | 1.99 | ||
| Quick Ratio | 1.37 | ||
| Altman-Z | 3.12 |
F-Score7
WACC8.82%
ROIC/WACC1.03
Cap/Depr(3y)115.8%
Cap/Depr(5y)107.58%
Cap/Sales(3y)4.64%
Cap/Sales(5y)4.64%
Profit Quality(3y)88.38%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.87%
EPS 3Y10.05%
EPS 5Y6%
EPS Q2Q%15.88%
EPS Next Y17.07%
EPS Next 2Y10.74%
EPS Next 3Y9.82%
EPS Next 5Y12.03%
Revenue 1Y (TTM)13.42%
Revenue growth 3Y2.26%
Revenue growth 5Y2.92%
Sales Q2Q%6.61%
Revenue Next Year9.5%
Revenue Next 2Y7.27%
Revenue Next 3Y6.23%
Revenue Next 5Y5.2%
EBIT growth 1Y17.53%
EBIT growth 3Y-0.94%
EBIT growth 5Y3.92%
EBIT Next Year35.99%
EBIT Next 3Y15.51%
EBIT Next 5Y12.42%
FCF growth 1Y-13.01%
FCF growth 3Y7.9%
FCF growth 5Y5.96%
OCF growth 1Y1.85%
OCF growth 3Y8.97%
OCF growth 5Y4.92%
BELDEN INC / BDC FAQ
What is the fundamental rating for BDC stock?
ChartMill assigns a fundamental rating of 6 / 10 to BDC.
What is the valuation status for BDC stock?
ChartMill assigns a valuation rating of 7 / 10 to BELDEN INC (BDC). This can be considered as Undervalued.
How profitable is BELDEN INC (BDC) stock?
BELDEN INC (BDC) has a profitability rating of 7 / 10.
What are the PE and PB ratios of BELDEN INC (BDC) stock?
The Price/Earnings (PE) ratio for BELDEN INC (BDC) is 16.22 and the Price/Book (PB) ratio is 3.82.
What is the expected EPS growth for BELDEN INC (BDC) stock?
The Earnings per Share (EPS) of BELDEN INC (BDC) is expected to grow by 17.07% in the next year.