B&C SPEAKERS SPA (BEC.MI) Stock Fundamental Analysis
Europe - BIT:BEC - IT0001268561 - Common Stock
15.2 EUR
-0.05 (-0.33%)
BEC gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 35 industry peers in the Household Durables industry. Both the health and profitability get an excellent rating, making BEC a very profitable company, without any liquidiy or solvency issues. BEC may be a bit undervalued, certainly considering the very reasonable score on growth BEC also has an excellent dividend rating. This makes BEC very considerable for value and dividend investing!
1. Profitability
1.1 Basic Checks
BEC had positive earnings in the past year.
In the past year BEC had a positive cash flow from operations.
BEC had positive earnings in each of the past 5 years.
BEC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of BEC (21.88%) is better than 100.00% of its industry peers.
Looking at the Return On Equity, with a value of 38.43%, BEC belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Return On Invested Capital of BEC (34.84%) is better than 100.00% of its industry peers.
BEC had an Average Return On Invested Capital over the past 3 years of 26.56%. This is significantly above the industry average of 9.51%.
The 3 year average ROIC (26.56%) for BEC is below the current ROIC(34.84%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.88% | ||
| ROE | 38.43% | ||
| ROIC | 34.84% |
ROA(3y)17.3%
ROA(5y)12.66%
ROE(3y)31.96%
ROE(5y)24.15%
ROIC(3y)26.56%
ROIC(5y)19.74%
1.3 Margins
With an excellent Profit Margin value of 12.95%, BEC belongs to the best of the industry, outperforming 97.14% of the companies in the same industry.
BEC's Profit Margin has improved in the last couple of years.
BEC's Operating Margin of 19.52% is amongst the best of the industry. BEC outperforms 97.14% of its industry peers.
In the last couple of years the Operating Margin of BEC has remained more or less at the same level.
BEC's Gross Margin of 38.18% is in line compared to the rest of the industry. BEC outperforms 54.29% of its industry peers.
In the last couple of years the Gross Margin of BEC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.52% | ||
| PM (TTM) | 12.95% | ||
| GM | 38.18% |
OM growth 3Y9.42%
OM growth 5Y0.76%
PM growth 3Y17.26%
PM growth 5Y2.99%
GM growth 3Y1.29%
GM growth 5Y-0.86%
2. Health
2.1 Basic Checks
BEC has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
BEC has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, BEC has less shares outstanding
BEC has a better debt/assets ratio than last year.
2.2 Solvency
BEC has an Altman-Z score of 6.78. This indicates that BEC is financially healthy and has little risk of bankruptcy at the moment.
BEC has a better Altman-Z score (6.78) than 97.14% of its industry peers.
BEC has a debt to FCF ratio of 2.48. This is a good value and a sign of high solvency as BEC would need 2.48 years to pay back of all of its debts.
The Debt to FCF ratio of BEC (2.48) is better than 85.71% of its industry peers.
A Debt/Equity ratio of 0.36 indicates that BEC is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.36, BEC perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 2.48 | ||
| Altman-Z | 6.78 |
ROIC/WACC4.5
WACC7.74%
2.3 Liquidity
A Current Ratio of 3.42 indicates that BEC has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.42, BEC belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
BEC has a Quick Ratio of 2.08. This indicates that BEC is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of BEC (2.08) is better than 97.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.42 | ||
| Quick Ratio | 2.08 |
3. Growth
3.1 Past
BEC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.88%.
The Earnings Per Share has been growing by 15.74% on average over the past years. This is quite good.
The Revenue has been growing slightly by 5.38% in the past year.
Measured over the past years, BEC shows a quite strong growth in Revenue. The Revenue has been growing by 12.26% on average per year.
EPS 1Y (TTM)-19.88%
EPS 3Y52.14%
EPS 5Y15.74%
EPS Q2Q%-51.4%
Revenue 1Y (TTM)5.38%
Revenue growth 3Y30.43%
Revenue growth 5Y12.26%
Sales Q2Q%-1.14%
3.2 Future
Based on estimates for the next years, BEC will show a small growth in Earnings Per Share. The EPS will grow by 4.89% on average per year.
The Revenue is expected to grow by 3.40% on average over the next years.
EPS Next Y8.76%
EPS Next 2Y7.73%
EPS Next 3Y4.89%
EPS Next 5YN/A
Revenue Next Year6.45%
Revenue Next 2Y5.43%
Revenue Next 3Y3.4%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 8.54, the valuation of BEC can be described as reasonable.
Based on the Price/Earnings ratio, BEC is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
BEC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.83.
BEC is valuated reasonably with a Price/Forward Earnings ratio of 9.47.
BEC's Price/Forward Earnings ratio is in line with the industry average.
BEC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 32.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.54 | ||
| Fwd PE | 9.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BEC is valued a bit cheaper than 74.29% of the companies in the same industry.
62.86% of the companies in the same industry are more expensive than BEC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.32 | ||
| EV/EBITDA | 5.47 |
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.
BEC has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.97
PEG (5Y)0.54
EPS Next 2Y7.73%
EPS Next 3Y4.89%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.62%, BEC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.83, BEC pays a better dividend. On top of this BEC pays more dividend than 82.86% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, BEC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.62% |
5.2 History
On average, the dividend of BEC grows each year by 7.01%, which is quite nice.
Dividend Growth(5Y)7.01%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BEC pays out 55.55% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of BEC is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP55.55%
EPS Next 2Y7.73%
EPS Next 3Y4.89%
BIT:BEC (11/6/2025, 1:14:34 PM)
15.2
-0.05 (-0.33%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners29.4%
Inst Owner ChangeN/A
Ins Owners52.73%
Ins Owner ChangeN/A
Market Cap167.20M
Revenue(TTM)151.00M
Net Income(TTM)19.56M
Analysts80
Price Target19.71 (29.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.62% |
Yearly Dividend0.7
Dividend Growth(5Y)7.01%
DP55.55%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.54 | ||
| Fwd PE | 9.47 | ||
| P/S | 1.11 | ||
| P/FCF | 17.32 | ||
| P/OCF | 14.44 | ||
| P/B | 3.28 | ||
| P/tB | 3.48 | ||
| EV/EBITDA | 5.47 |
EPS(TTM)1.78
EY11.71%
EPS(NY)1.61
Fwd EY10.57%
FCF(TTM)0.88
FCFY5.77%
OCF(TTM)1.05
OCFY6.92%
SpS13.73
BVpS4.63
TBVpS4.36
PEG (NY)0.97
PEG (5Y)0.54
Graham Number13.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.88% | ||
| ROE | 38.43% | ||
| ROCE | 43.39% | ||
| ROIC | 34.84% | ||
| ROICexc | 41.82% | ||
| ROICexgc | 44.02% | ||
| OM | 19.52% | ||
| PM (TTM) | 12.95% | ||
| GM | 38.18% | ||
| FCFM | 6.39% |
ROA(3y)17.3%
ROA(5y)12.66%
ROE(3y)31.96%
ROE(5y)24.15%
ROIC(3y)26.56%
ROIC(5y)19.74%
ROICexc(3y)31.8%
ROICexc(5y)24.11%
ROICexgc(3y)33.73%
ROICexgc(5y)25.74%
ROCE(3y)32.9%
ROCE(5y)24.32%
ROICexgc growth 3Y17.34%
ROICexgc growth 5Y-0.79%
ROICexc growth 3Y18.52%
ROICexc growth 5Y-0.06%
OM growth 3Y9.42%
OM growth 5Y0.76%
PM growth 3Y17.26%
PM growth 5Y2.99%
GM growth 3Y1.29%
GM growth 5Y-0.86%
F-Score5
Asset Turnover1.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 2.48 | ||
| Debt/EBITDA | 0.57 | ||
| Cap/Depr | 67.1% | ||
| Cap/Sales | 1.28% | ||
| Interest Coverage | 20.82 | ||
| Cash Conversion | 35.78% | ||
| Profit Quality | 49.34% | ||
| Current Ratio | 3.42 | ||
| Quick Ratio | 2.08 | ||
| Altman-Z | 6.78 |
F-Score5
WACC7.74%
ROIC/WACC4.5
Cap/Depr(3y)55.55%
Cap/Depr(5y)40.71%
Cap/Sales(3y)1.4%
Cap/Sales(5y)1.24%
Profit Quality(3y)64.2%
Profit Quality(5y)115.86%
High Growth Momentum
Growth
EPS 1Y (TTM)-19.88%
EPS 3Y52.14%
EPS 5Y15.74%
EPS Q2Q%-51.4%
EPS Next Y8.76%
EPS Next 2Y7.73%
EPS Next 3Y4.89%
EPS Next 5YN/A
Revenue 1Y (TTM)5.38%
Revenue growth 3Y30.43%
Revenue growth 5Y12.26%
Sales Q2Q%-1.14%
Revenue Next Year6.45%
Revenue Next 2Y5.43%
Revenue Next 3Y3.4%
Revenue Next 5YN/A
EBIT growth 1Y5.28%
EBIT growth 3Y42.71%
EBIT growth 5Y13.11%
EBIT Next Year19.14%
EBIT Next 3Y7.76%
EBIT Next 5YN/A
FCF growth 1Y-29.27%
FCF growth 3Y96.38%
FCF growth 5Y0.44%
OCF growth 1Y-19.96%
OCF growth 3Y90.76%
OCF growth 5Y2.37%
B&C SPEAKERS SPA / BEC.MI FAQ
What is the fundamental rating for BEC stock?
ChartMill assigns a fundamental rating of 8 / 10 to BEC.MI.
Can you provide the valuation status for B&C SPEAKERS SPA?
ChartMill assigns a valuation rating of 7 / 10 to B&C SPEAKERS SPA (BEC.MI). This can be considered as Undervalued.
How profitable is B&C SPEAKERS SPA (BEC.MI) stock?
B&C SPEAKERS SPA (BEC.MI) has a profitability rating of 9 / 10.
Can you provide the financial health for BEC stock?
The financial health rating of B&C SPEAKERS SPA (BEC.MI) is 9 / 10.
Can you provide the expected EPS growth for BEC stock?
The Earnings per Share (EPS) of B&C SPEAKERS SPA (BEC.MI) is expected to grow by 8.76% in the next year.