BLOOM ENERGY CORP- A (BE) Stock Fundamental Analysis
NYSE:BE - New York Stock Exchange, Inc. - US0937121079 - Common Stock - Currency: USD
BE gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 94 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 growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
BE had positive earnings in the past year.
In the past year BE had a positive cash flow from operations.
BE had negative earnings in each of the past 5 years.
BE had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 0.17%, BE is doing good in the industry, outperforming 69.15% of the companies in the same industry.
Looking at the Return On Equity, with a value of 0.78%, BE is in the better half of the industry, outperforming 69.15% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.06%, BE is in the better half of the industry, outperforming 64.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.17% | ||
| ROE | 0.78% | ||
| ROIC | 2.06% |
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
With a decent Profit Margin value of 0.29%, BE is doing good in the industry, outperforming 69.15% of the companies in the same industry.
BE has a Operating Margin of 3.38%. This is in the better half of the industry: BE outperforms 70.21% of its industry peers.
BE's Gross Margin of 29.10% is fine compared to the rest of the industry. BE outperforms 68.09% of its industry peers.
BE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.38% | ||
| PM (TTM) | 0.29% | ||
| GM | 29.1% |
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
BE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
The debt/assets ratio for BE has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.72, we must say that BE is in the distress zone and has some risk of bankruptcy.
BE has a Altman-Z score of 0.72. This is comparable to the rest of the industry: BE outperforms 52.13% of its industry peers.
BE has a debt to FCF ratio of 18.02. This is a negative value and a sign of low solvency as BE would need 18.02 years to pay back of all of its debts.
BE's Debt to FCF ratio of 18.02 is fine compared to the rest of the industry. BE outperforms 65.96% of its industry peers.
A Debt/Equity ratio of 2.16 is on the high side and indicates that BE has dependencies on debt financing.
With a Debt to Equity ratio value of 2.16, BE is not doing good in the industry: 77.66% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.16 | ||
| Debt/FCF | 18.02 | ||
| Altman-Z | 0.72 |
ROIC/WACC0.21
WACC9.64%
2.3 Liquidity
A Current Ratio of 3.44 indicates that BE has no problem at all paying its short term obligations.
With a decent Current ratio value of 3.44, BE is doing good in the industry, outperforming 79.79% of the companies in the same industry.
A Quick Ratio of 2.39 indicates that BE has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.39, BE is in the better half of the industry, outperforming 79.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.44 | ||
| Quick Ratio | 2.39 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 425.00% over the past year.
The Revenue has grown by 20.95% in the past year. This is a very strong growth!
Measured over the past years, BE shows a quite strong growth in Revenue. The Revenue has been growing by 13.42% on average per year.
EPS 1Y (TTM)425%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%117.65%
Revenue 1Y (TTM)20.95%
Revenue growth 3Y14.88%
Revenue growth 5Y13.42%
Sales Q2Q%38.56%
3.2 Future
BE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 40.22% yearly.
BE is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.36% yearly.
EPS Next Y149.88%
EPS Next 2Y106.18%
EPS Next 3Y91.48%
EPS Next 5Y40.22%
Revenue Next Year23.73%
Revenue Next 2Y21.74%
Revenue Next 3Y21.66%
Revenue Next 5Y16.36%
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
With a Price/Earnings ratio of 58.74, BE can be considered very expensive at the moment.
Based on the Price/Earnings ratio, BE is valued a bit cheaper than 69.15% of the companies in the same industry.
BE is valuated expensively when we compare the Price/Earnings ratio to 26.57, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 28.36 indicates a quite expensive valuation of BE.
BE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BE is cheaper than 69.15% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.41. BE is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.74 | ||
| Fwd PE | 28.36 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BE is valued a bit cheaper than 65.96% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BE indicates a somewhat cheap valuation: BE is cheaper than 65.96% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 69.18 | ||
| EV/EBITDA | 53.98 |
4.3 Compensation for Growth
BE's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BE's earnings are expected to grow with 91.48% in the coming years.
PEG (NY)0.39
PEG (5Y)N/A
EPS Next 2Y106.18%
EPS Next 3Y91.48%
5. Dividend
5.1 Amount
No dividends for BE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
22.91
+0.96 (+4.37%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners91.67%
Inst Owner Change8.5%
Ins Owners2.87%
Ins Owner Change6.57%
Market Cap5.32B
Analysts73.94
Price Target24.15 (5.41%)
Short Float %24.07%
Short Ratio7.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP32.75%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)91.1%
Min EPS beat(2)39.45%
Max EPS beat(2)142.76%
EPS beat(4)2
Avg EPS beat(4)9.8%
Min EPS beat(4)-111.83%
Max EPS beat(4)142.76%
EPS beat(8)3
Avg EPS beat(8)47.16%
EPS beat(12)4
Avg EPS beat(12)20.69%
EPS beat(16)4
Avg EPS beat(16)-26.55%
Revenue beat(2)2
Avg Revenue beat(2)7.97%
Min Revenue beat(2)7.71%
Max Revenue beat(2)8.23%
Revenue beat(4)3
Avg Revenue beat(4)1.47%
Min Revenue beat(4)-16.08%
Max Revenue beat(4)8.23%
Revenue beat(8)4
Avg Revenue beat(8)-3.96%
Revenue beat(12)8
Avg Revenue beat(12)-0.88%
Revenue beat(16)9
Avg Revenue beat(16)-2.13%
PT rev (1m)-2.32%
PT rev (3m)-5.7%
EPS NQ rev (1m)-18.2%
EPS NQ rev (3m)-50.57%
EPS NY rev (1m)0%
EPS NY rev (3m)16.86%
Revenue NQ rev (1m)-0.44%
Revenue NQ rev (3m)-0.23%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.74 | ||
| Fwd PE | 28.36 | ||
| P/S | 3.4 | ||
| P/FCF | 69.18 | ||
| P/OCF | 41.38 | ||
| P/B | 9.2 | ||
| P/tB | 9.2 | ||
| EV/EBITDA | 53.98 |
EPS(TTM)0.39
EY1.7%
EPS(NY)0.81
Fwd EY3.53%
FCF(TTM)0.33
FCFY1.45%
OCF(TTM)0.55
OCFY2.42%
SpS6.74
BVpS2.49
TBVpS2.49
PEG (NY)0.39
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.17% | ||
| ROE | 0.78% | ||
| ROCE | 2.61% | ||
| ROIC | 2.06% | ||
| ROICexc | 3.4% | ||
| ROICexgc | 3.4% | ||
| OM | 3.38% | ||
| PM (TTM) | 0.29% | ||
| GM | 29.1% | ||
| FCFM | 4.92% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score7
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.16 | ||
| Debt/FCF | 18.02 | ||
| Debt/EBITDA | 11.85 | ||
| Cap/Depr | 98.4% | ||
| Cap/Sales | 3.3% | ||
| Interest Coverage | 1.03 | ||
| Cash Conversion | 122.03% | ||
| Profit Quality | 1715.5% | ||
| Current Ratio | 3.44 | ||
| Quick Ratio | 2.39 | ||
| Altman-Z | 0.72 |
F-Score7
WACC9.64%
ROIC/WACC0.21
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)425%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%117.65%
EPS Next Y149.88%
EPS Next 2Y106.18%
EPS Next 3Y91.48%
EPS Next 5Y40.22%
Revenue 1Y (TTM)20.95%
Revenue growth 3Y14.88%
Revenue growth 5Y13.42%
Sales Q2Q%38.56%
Revenue Next Year23.73%
Revenue Next 2Y21.74%
Revenue Next 3Y21.66%
Revenue Next 5Y16.36%
EBIT growth 1Y128.25%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year319.18%
EBIT Next 3Y111.11%
EBIT Next 5Y64.04%
FCF growth 1Y114.27%
FCF growth 3YN/A
FCF growth 5Y-21.71%
OCF growth 1Y131.06%
OCF growth 3YN/A
OCF growth 5Y-10.9%