BLOOM ENERGY CORP- A (BE) Stock Fundamental Analysis
USA - NYSE:BE - US0937121079 - Common Stock
101.42 USD
+7.05 (+7.47%)
103.34 USD
+1.92 (+1.89%)
Taking everything into account, BE scores 5 out of 10 in our fundamental rating. BE was compared to 92 industry peers in the Electrical Equipment industry. Both the profitability and the financial health of BE get a neutral evaluation. Nothing too spectacular is happening here. BE is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
BE had positive earnings in the past year.
BE had a positive operating cash flow in the past year.
In the past 5 years BE always reported negative net income.
BE had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
BE has a Return On Assets of 0.93%. This is in the better half of the industry: BE outperforms 68.48% of its industry peers.
With a decent Return On Equity value of 3.98%, BE is doing good in the industry, outperforming 73.91% of the companies in the same industry.
BE has a Return On Invested Capital of 2.67%. This is in the better half of the industry: BE outperforms 66.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.93% | ||
| ROE | 3.98% | ||
| ROIC | 2.67% |
ROA(3y)-9.7%
ROA(5y)-9.89%
ROE(3y)-51.27%
ROE(5y)-90.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 1.45%, BE is in the better half of the industry, outperforming 69.57% of the companies in the same industry.
With a decent Operating Margin value of 4.45%, BE is doing good in the industry, outperforming 69.57% of the companies in the same industry.
BE has a better Gross Margin (30.30%) than 71.74% of its industry peers.
In the last couple of years the Gross Margin of BE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.45% | ||
| PM (TTM) | 1.45% | ||
| GM | 30.3% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.54%
GM growth 5Y17.17%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BE is destroying value.
Compared to 1 year ago, BE has more shares outstanding
The number of shares outstanding for BE has been increased compared to 5 years ago.
Compared to 1 year ago, BE has an improved debt to assets ratio.
2.2 Solvency
BE has an Altman-Z score of 6.12. This indicates that BE is financially healthy and has little risk of bankruptcy at the moment.
BE has a Altman-Z score of 6.12. This is amongst the best in the industry. BE outperforms 86.96% of its industry peers.
BE has a debt to FCF ratio of 31.45. This is a negative value and a sign of low solvency as BE would need 31.45 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 31.45, BE is doing good in the industry, outperforming 65.22% of the companies in the same industry.
A Debt/Equity ratio of 2.27 is on the high side and indicates that BE has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.27, BE is doing worse than 76.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.27 | ||
| Debt/FCF | 31.45 | ||
| Altman-Z | 6.12 |
ROIC/WACC0.32
WACC8.32%
2.3 Liquidity
BE has a Current Ratio of 4.99. This indicates that BE is financially healthy and has no problem in meeting its short term obligations.
BE has a better Current ratio (4.99) than 88.04% of its industry peers.
A Quick Ratio of 3.21 indicates that BE has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 3.21, BE belongs to the top of the industry, outperforming 84.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.99 | ||
| Quick Ratio | 3.21 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 5600.00% over the past year.
BE shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.72%.
The Revenue has been growing by 13.42% on average over the past years. This is quite good.
EPS 1Y (TTM)5600%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%266.67%
Revenue 1Y (TTM)22.72%
Revenue growth 3Y14.88%
Revenue growth 5Y13.42%
Sales Q2Q%19.5%
3.2 Future
The Earnings Per Share is expected to grow by 53.33% on average over the next years. This is a very strong growth
Based on estimates for the next years, BE will show a very strong growth in Revenue. The Revenue will grow by 22.08% on average per year.
EPS Next Y168.65%
EPS Next 2Y115.63%
EPS Next 3Y102.08%
EPS Next 5Y53.33%
Revenue Next Year24.76%
Revenue Next 2Y24.15%
Revenue Next 3Y30.71%
Revenue Next 5Y22.08%
3.3 Evolution
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
A Price/Earnings ratio of 184.40 indicates a quite expensive valuation of BE.
Compared to the rest of the industry, the Price/Earnings ratio of BE indicates a somewhat cheap valuation: BE is cheaper than 65.22% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.67. BE is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 114.80 indicates a quite expensive valuation of BE.
Based on the Price/Forward Earnings ratio, BE is valued a bit cheaper than the industry average as 61.96% of the companies are valued more expensively.
BE's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 184.4 | ||
| Fwd PE | 114.8 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BE indicates a somewhat cheap valuation: BE is cheaper than 61.96% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, BE is valued a bit cheaper than 65.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 538.59 | ||
| EV/EBITDA | 184.34 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as BE's earnings are expected to grow with 102.08% in the coming years.
PEG (NY)1.09
PEG (5Y)N/A
EPS Next 2Y115.63%
EPS Next 3Y102.08%
5. Dividend
5.1 Amount
No dividends for BE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
101.42
+7.05 (+7.47%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners93.97%
Inst Owner Change-0.07%
Ins Owners2.83%
Ins Owner Change-123.12%
Market Cap23.73B
Revenue(TTM)1.63B
Net Income(TTM)23.65M
Analysts72.73
Price Target51.25 (-49.47%)
Short Float %18.86%
Short Ratio3.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP4%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)472.95%
Min EPS beat(2)142.76%
Max EPS beat(2)803.14%
EPS beat(4)3
Avg EPS beat(4)218.38%
Min EPS beat(4)-111.83%
Max EPS beat(4)803.14%
EPS beat(8)4
Avg EPS beat(8)149.21%
EPS beat(12)5
Avg EPS beat(12)88.66%
EPS beat(16)5
Avg EPS beat(16)42.01%
Revenue beat(2)2
Avg Revenue beat(2)5.59%
Min Revenue beat(2)3.46%
Max Revenue beat(2)7.71%
Revenue beat(4)3
Avg Revenue beat(4)0.83%
Min Revenue beat(4)-16.08%
Max Revenue beat(4)8.23%
Revenue beat(8)5
Avg Revenue beat(8)-2.67%
Revenue beat(12)8
Avg Revenue beat(12)-0.83%
Revenue beat(16)10
Avg Revenue beat(16)-1.57%
PT rev (1m)24.7%
PT rev (3m)113.26%
EPS NQ rev (1m)1.63%
EPS NQ rev (3m)1.56%
EPS NY rev (1m)0%
EPS NY rev (3m)10.31%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)0.29%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)1.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 184.4 | ||
| Fwd PE | 114.8 | ||
| P/S | 14.56 | ||
| P/FCF | 538.59 | ||
| P/OCF | 260.89 | ||
| P/B | 39.91 | ||
| P/tB | 39.91 | ||
| EV/EBITDA | 184.34 |
EPS(TTM)0.55
EY0.54%
EPS(NY)0.88
Fwd EY0.87%
FCF(TTM)0.19
FCFY0.19%
OCF(TTM)0.39
OCFY0.38%
SpS6.97
BVpS2.54
TBVpS2.54
PEG (NY)1.09
PEG (5Y)N/A
Graham Number5.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.93% | ||
| ROE | 3.98% | ||
| ROCE | 3.38% | ||
| ROIC | 2.67% | ||
| ROICexc | 3.65% | ||
| ROICexgc | 3.65% | ||
| OM | 4.45% | ||
| PM (TTM) | 1.45% | ||
| GM | 30.3% | ||
| FCFM | 2.7% |
ROA(3y)-9.7%
ROA(5y)-9.89%
ROE(3y)-51.27%
ROE(5y)-90.79%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.54%
GM growth 5Y17.17%
F-Score8
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.27 | ||
| Debt/FCF | 31.45 | ||
| Debt/EBITDA | 10.89 | ||
| Cap/Depr | 90.71% | ||
| Cap/Sales | 2.88% | ||
| Interest Coverage | 1.3 | ||
| Cash Conversion | 73.25% | ||
| Profit Quality | 186.31% | ||
| Current Ratio | 4.99 | ||
| Quick Ratio | 3.21 | ||
| Altman-Z | 6.12 |
F-Score8
WACC8.32%
ROIC/WACC0.32
Cap/Depr(3y)144.77%
Cap/Depr(5y)119.97%
Cap/Sales(3y)6.67%
Cap/Sales(5y)5.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5600%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%266.67%
EPS Next Y168.65%
EPS Next 2Y115.63%
EPS Next 3Y102.08%
EPS Next 5Y53.33%
Revenue 1Y (TTM)22.72%
Revenue growth 3Y14.88%
Revenue growth 5Y13.42%
Sales Q2Q%19.5%
Revenue Next Year24.76%
Revenue Next 2Y24.15%
Revenue Next 3Y30.71%
Revenue Next 5Y22.08%
EBIT growth 1Y146.52%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year326.2%
EBIT Next 3Y132.82%
EBIT Next 5Y75.65%
FCF growth 1Y107.69%
FCF growth 3YN/A
FCF growth 5Y-21.71%
OCF growth 1Y120.02%
OCF growth 3YN/A
OCF growth 5Y-10.9%