B&C SPEAKERS SPA (BEC.MI) Stock Fundamental Analysis

Europe • Euronext Milan • BIT:BEC • IT0001268561

13.85 EUR
0 (0%)
Last: Feb 3, 2026, 02:11 PM
Fundamental Rating

8

Taking everything into account, BEC scores 8 out of 10 in our fundamental rating. BEC was compared to 33 industry peers in the Household Durables industry. BEC scores excellent points on both the profitability and health parts. This is a solid base for a good stock. A decent growth rate in combination with a cheap valuation! Better keep an eye on BEC. Finally BEC also has an excellent dividend rating. With these ratings, BEC could be worth investigating further for value and dividend investing!.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • In the past year BEC was profitable.
  • In the past year BEC had a positive cash flow from operations.
  • Each year in the past 5 years BEC has been profitable.
  • In the past 5 years BEC always reported a positive cash flow from operatings.
BEC.MI Yearly Net Income VS EBIT VS OCF VS FCFBEC.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 21.88%, BEC belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • The Return On Equity of BEC (38.43%) is better than 100.00% of its industry peers.
  • BEC has a Return On Invested Capital of 34.84%. This is amongst the best in the industry. BEC outperforms 100.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for BEC is significantly above the industry average of 9.38%.
  • The 3 year average ROIC (26.56%) for BEC is below the current ROIC(34.84%), indicating increased profibility in the last year.
Industry RankSector 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%
BEC.MI Yearly ROA, ROE, ROICBEC.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

1.3 Margins

  • With an excellent Profit Margin value of 12.95%, BEC belongs to the best of the industry, outperforming 96.97% 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 96.97% of its industry peers.
  • In the last couple of years the Operating Margin of BEC has remained more or less at the same level.
  • The Gross Margin of BEC (38.18%) is comparable to the rest of the industry.
  • In the last couple of years the Gross Margin of BEC has remained more or less at the same level.
Industry RankSector 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%
BEC.MI Yearly Profit, Operating, Gross MarginsBEC.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

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10

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BEC is creating value.
  • BEC has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, BEC has less shares outstanding
  • Compared to 1 year ago, BEC has an improved debt to assets ratio.
BEC.MI Yearly Shares OutstandingBEC.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
BEC.MI Yearly Total Debt VS Total AssetsBEC.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M

2.2 Solvency

  • An Altman-Z score of 6.55 indicates that BEC is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of BEC (6.55) is better than 96.97% 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 81.82% 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 63.64% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 2.48
Altman-Z 6.55
ROIC/WACC4.53
WACC7.69%
BEC.MI Yearly LT Debt VS Equity VS FCFBEC.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M

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 87.88% 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.
  • With an excellent Quick ratio value of 2.08, BEC belongs to the best of the industry, outperforming 96.97% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 3.42
Quick Ratio 2.08
BEC.MI Yearly Current Assets VS Current LiabilitesBEC.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

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4

3. Growth

3.1 Past

  • The earnings per share for BEC have decreased strongly by -19.88% in the last year.
  • The Earnings Per Share has been growing by 15.74% on average over the past years. This is quite good.
  • BEC shows a small growth in Revenue. In the last year, the Revenue has grown by 5.38%.
  • The Revenue has been growing by 12.26% on average over the past years. This is quite good.
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.
  • BEC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.40% yearly.
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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • 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.
BEC.MI Yearly Revenue VS EstimatesBEC.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M 100M
BEC.MI Yearly EPS VS EstimatesBEC.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2020 2022 2023 2024 2025 2026 2027 0.5 1 1.5

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8

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 7.78, the valuation of BEC can be described as very cheap.
  • BEC's Price/Earnings ratio is rather cheap when compared to the industry. BEC is cheaper than 90.91% of the companies in the same industry.
  • BEC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.41.
  • With a Price/Forward Earnings ratio of 8.62, the valuation of BEC can be described as very reasonable.
  • 69.70% of the companies in the same industry are more expensive than BEC, based on the Price/Forward Earnings ratio.
  • BEC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.64.
Industry RankSector Rank
PE 7.78
Fwd PE 8.62
BEC.MI Price Earnings VS Forward Price EarningsBEC.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BEC indicates a somewhat cheap valuation: BEC is cheaper than 78.79% of the companies listed in the same industry.
  • BEC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BEC is cheaper than 66.67% of the companies in the same industry.
Industry RankSector Rank
P/FCF 15.79
EV/EBITDA 5.01
BEC.MI Per share dataBEC.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

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)0.89
PEG (5Y)0.49
EPS Next 2Y7.73%
EPS Next 3Y4.89%

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7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 7.12%, BEC is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 2.76, BEC pays a better dividend. On top of this BEC pays more dividend than 87.88% of the companies listed in the same industry.
  • BEC's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 7.12%

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%
BEC.MI Yearly Income VS Free CF VS DividendBEC.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
BEC.MI Dividend Payout.BEC.MI Dividend Payout, showing the Payout Ratio.BEC.MI Dividend Payout.PayoutRetained Earnings

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B&C SPEAKERS SPA

BIT:BEC (2/3/2026, 2:11:31 PM)

13.85

0 (0%)

Chartmill FA Rating
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)11-11
Earnings (Next)03-17
Inst Owners29.78%
Inst Owner ChangeN/A
Ins Owners52.73%
Ins Owner ChangeN/A
Market Cap152.35M
Revenue(TTM)151.00M
Net Income(TTM)19.56M
Analysts80
Price Target19.71 (42.31%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 7.12%
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 RankSector Rank
PE 7.78
Fwd PE 8.62
P/S 1.01
P/FCF 15.79
P/OCF 13.16
P/B 2.99
P/tB 3.18
EV/EBITDA 5.01
EPS(TTM)1.78
EY12.85%
EPS(NY)1.61
Fwd EY11.59%
FCF(TTM)0.88
FCFY6.33%
OCF(TTM)1.05
OCFY7.6%
SpS13.73
BVpS4.63
TBVpS4.36
PEG (NY)0.89
PEG (5Y)0.49
Graham Number13.61
Profitability
Industry RankSector 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 RankSector 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 6.55
F-Score5
WACC7.69%
ROIC/WACC4.53
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.


What is the valuation status of B&C SPEAKERS SPA (BEC.MI) stock?

ChartMill assigns a valuation rating of 8 / 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.


What is the earnings growth outlook for B&C SPEAKERS SPA?

The Earnings per Share (EPS) of B&C SPEAKERS SPA (BEC.MI) is expected to grow by 8.76% in the next year.


How sustainable is the dividend of B&C SPEAKERS SPA (BEC.MI) stock?

The dividend rating of B&C SPEAKERS SPA (BEC.MI) is 7 / 10 and the dividend payout ratio is 55.55%.