B&C SPEAKERS SPA (BEC.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:BEC - IT0001268561 - Common Stock
15.2 EUR
-0.35 (-2.25%)
We assign a fundamental rating of 8 out of 10 to BEC. BEC was compared to 32 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally BEC also has an excellent dividend rating. These ratings could make BEC a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
BEC had positive earnings in the past year.
BEC had a positive operating cash flow in the past year.
In the past 5 years BEC has always been profitable.
In the past 5 years BEC always reported a positive cash flow from operatings.
1.2 Ratios
BEC has a better Return On Assets (21.88%) than 100.00% of its industry peers.
The Return On Equity of BEC (38.43%) is better than 100.00% of its industry peers.
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 8.34%.
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
The Profit Margin of BEC (12.95%) is better than 94.44% of its industry peers.
BEC's Profit Margin has improved in the last couple of years.
BEC has a Operating Margin of 19.52%. This is amongst the best in the industry. BEC outperforms 94.44% of its industry peers.
In the last couple of years the Operating Margin of BEC has remained more or less at the same level.
Looking at the Gross Margin, with a value of 38.18%, BEC is in line with its industry, outperforming 50.00% of the companies in the same industry.
BEC's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BEC is creating value.
The number of shares outstanding for BEC has been reduced compared to 1 year ago.
BEC has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, BEC has an improved debt to assets ratio.
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 Altman-Z score of 6.78. This is amongst the best in the industry. BEC outperforms 97.22% 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.
BEC has a better Debt to FCF ratio (2.48) than 80.56% of its industry peers.
BEC has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
BEC has a better Debt to Equity ratio (0.36) than 63.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 2.48 | ||
| Altman-Z | 6.78 |
ROIC/WACC4.55
WACC7.65%
2.3 Liquidity
BEC has a Current Ratio of 3.42. This indicates that BEC is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 3.42, BEC belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
A Quick Ratio of 2.08 indicates that BEC has no problem at all paying its short term obligations.
BEC has a Quick ratio of 2.08. This is amongst the best in the industry. BEC outperforms 97.22% 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%.
Measured over the past years, BEC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.74% on average per year.
Looking at the last year, BEC shows a small growth in Revenue. The Revenue has grown by 5.38% in the last 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
BEC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.89% yearly.
Based on estimates for the next years, BEC will show a small growth in Revenue. The Revenue will grow by 3.40% on average per year.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
BEC is valuated reasonably with a Price/Earnings ratio of 8.54.
Based on the Price/Earnings ratio, BEC is valued cheaply inside the industry as 88.89% 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 26.77.
With a Price/Forward Earnings ratio of 9.47, the valuation of BEC can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BEC is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.35, BEC is valued rather cheaply.
| 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 the industry average as 77.78% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BEC indicates a somewhat cheap valuation: BEC is cheaper than 61.11% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.32 | ||
| EV/EBITDA | 5.47 |
4.3 Compensation for Growth
BEC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of BEC 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 6.60%, BEC is a good candidate for dividend investing.
BEC's Dividend Yield is rather good when compared to the industry average which is at 2.58. BEC pays more dividend than 83.33% of the companies in the same industry.
BEC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.6% |
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
55.55% of the earnings are spent on dividend by BEC. 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 (12/30/2025, 7:00:00 PM)
15.2
-0.35 (-2.25%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners29.81%
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 | 6.6% |
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
WACC7.65%
ROIC/WACC4.55
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 10 / 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.