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 93 industry peers in the Electrical Equipment industry. BE has an average financial health and profitability rating. BE has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BE was profitable.
In the past year BE had a positive cash flow from operations.
BE had negative earnings in each of the past 5 years.
In the past 5 years BE reported 4 times negative operating cash flow.
1.2 Ratios
BE's Return On Assets of 0.17% is fine compared to the rest of the industry. BE outperforms 67.74% of its industry peers.
BE has a better Return On Equity (0.78%) than 68.82% of its industry peers.
With a decent Return On Invested Capital value of 2.06%, BE is doing good in the industry, outperforming 64.52% 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
The Profit Margin of BE (0.29%) is better than 68.82% of its industry peers.
BE has a better Operating Margin (3.38%) than 68.82% of its industry peers.
BE has a Gross Margin of 29.10%. This is in the better half of the industry: BE outperforms 66.67% of its industry peers.
In the last couple of years the Gross Margin of BE has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BE is destroying value.
BE has more shares outstanding than it did 1 year ago.
BE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, BE has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.69, we must say that BE is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.69, BE perfoms like the industry average, outperforming 55.91% of the companies in the same industry.
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 has a Debt to FCF ratio of 18.02. This is in the better half of the industry: BE outperforms 66.67% 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.
BE's Debt to Equity ratio of 2.16 is on the low side compared to the rest of the industry. BE is outperformed by 77.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.16 | ||
| Debt/FCF | 18.02 | ||
| Altman-Z | 1.69 |
ROIC/WACC0.15
WACC14.1%
2.3 Liquidity
A Current Ratio of 3.44 indicates that BE has no problem at all paying its short term obligations.
BE's Current ratio of 3.44 is amongst the best of the industry. BE outperforms 80.65% of its industry peers.
BE has a Quick Ratio of 2.39. This indicates that BE is financially healthy and has no problem in meeting 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 78.49% 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 5600.00% over the past year.
Looking at the last year, BE shows a quite strong growth in Revenue. The Revenue has grown by 10.53% in the last year.
BE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.42% yearly.
EPS 1Y (TTM)5600%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%266.67%
Revenue 1Y (TTM)10.53%
Revenue growth 3Y14.88%
Revenue growth 5Y13.42%
Sales Q2Q%19.5%
3.2 Future
Based on estimates for the next years, BE will show a very strong growth in Earnings Per Share. The EPS will grow by 40.22% on average per year.
The Revenue is expected to grow by 16.36% on average over the next years. This is quite good.
EPS Next Y143.54%
EPS Next 2Y105.43%
EPS Next 3Y91.69%
EPS Next 5Y40.22%
Revenue Next Year23.52%
Revenue Next 2Y22.28%
Revenue Next 3Y22.33%
Revenue Next 5Y16.36%
3.3 Evolution
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
BE is valuated quite expensively with a Price/Earnings ratio of 65.64.
BE's Price/Earnings ratio is a bit cheaper when compared to the industry. BE is cheaper than 68.82% of the companies in the same industry.
BE is valuated expensively when we compare the Price/Earnings ratio to 27.24, which is the current average of the S&P500 Index.
BE is valuated quite expensively with a Price/Forward Earnings ratio of 45.02.
BE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BE is cheaper than 66.67% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.42, BE is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 65.64 | ||
| Fwd PE | 45.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BE is valued a bit cheaper than 64.52% of the companies in the same industry.
65.59% of the companies in the same industry are more expensive than BE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 109.01 | ||
| EV/EBITDA | 85.16 |
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.
A more expensive valuation may be justified as BE's earnings are expected to grow with 91.69% in the coming years.
PEG (NY)0.46
PEG (5Y)N/A
EPS Next 2Y105.43%
EPS Next 3Y91.69%
5. Dividend
5.1 Amount
No dividends for BE!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
36.1
-0.62 (-1.69%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners91.67%
Inst Owner Change0.65%
Ins Owners2.87%
Ins Owner Change-117.43%
Market Cap8.38B
Analysts74.38
Price Target24.94 (-30.91%)
Short Float %21.73%
Short Ratio6.75
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)3.8%
PT rev (3m)-3.63%
EPS NQ rev (1m)-5.34%
EPS NQ rev (3m)2.95%
EPS NY rev (1m)0%
EPS NY rev (3m)13.2%
Revenue NQ rev (1m)-0.39%
Revenue NQ rev (3m)-3.46%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 65.64 | ||
| Fwd PE | 45.02 | ||
| P/S | 5.36 | ||
| P/FCF | 109.01 | ||
| P/OCF | 65.2 | ||
| P/B | 14.5 | ||
| P/tB | 14.5 | ||
| EV/EBITDA | 85.16 |
EPS(TTM)0.55
EY1.52%
EPS(NY)0.8
Fwd EY2.22%
FCF(TTM)0.33
FCFY0.92%
OCF(TTM)0.55
OCFY1.53%
SpS6.74
BVpS2.49
TBVpS2.49
PEG (NY)0.46
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 | 1.69 |
F-Score7
WACC14.1%
ROIC/WACC0.15
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 Y143.54%
EPS Next 2Y105.43%
EPS Next 3Y91.69%
EPS Next 5Y40.22%
Revenue 1Y (TTM)10.53%
Revenue growth 3Y14.88%
Revenue growth 5Y13.42%
Sales Q2Q%19.5%
Revenue Next Year23.52%
Revenue Next 2Y22.28%
Revenue Next 3Y22.33%
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%