BEKAERT NV (BEKB.BR) Stock Fundamental Analysis
EBR:BEKB - Euronext Brussels - BE0974258874 - Common Stock - Currency: EUR
Overall BEKB gets a fundamental rating of 6 out of 10. We evaluated BEKB against 40 industry peers in the Metals & Mining industry. While BEKB has a great profitability rating, there are some minor concerns on its financial health. BEKB scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make BEKB suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year BEKB was profitable.
In the past year BEKB had a positive cash flow from operations.
BEKB had positive earnings in each of the past 5 years.
BEKB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of BEKB (5.74%) is better than 72.50% of its industry peers.
Looking at the Return On Equity, with a value of 10.58%, BEKB is in the better half of the industry, outperforming 72.50% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 8.83%, BEKB is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BEKB is above the industry average of 7.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.74% | ||
| ROE | 10.58% | ||
| ROIC | 8.83% |
ROA(3y)5.85%
ROA(5y)5.81%
ROE(3y)11.83%
ROE(5y)13.07%
ROIC(3y)9.61%
ROIC(5y)9.69%
1.3 Margins
With a decent Profit Margin value of 6.04%, BEKB is doing good in the industry, outperforming 65.00% of the companies in the same industry.
In the last couple of years the Profit Margin of BEKB has grown nicely.
Looking at the Operating Margin, with a value of 8.53%, BEKB is in line with its industry, outperforming 60.00% of the companies in the same industry.
In the last couple of years the Operating Margin of BEKB has grown nicely.
BEKB's Gross Margin of 17.28% is on the low side compared to the rest of the industry. BEKB is outperformed by 60.00% of its industry peers.
BEKB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.53% | ||
| PM (TTM) | 6.04% | ||
| GM | 17.28% |
OM growth 3Y-4.84%
OM growth 5Y8.55%
PM growth 3Y-10.25%
PM growth 5Y44.56%
GM growth 3Y-2.61%
GM growth 5Y4.9%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BEKB is still creating some value.
Compared to 1 year ago, BEKB has less shares outstanding
The number of shares outstanding for BEKB has been reduced compared to 5 years ago.
The debt/assets ratio for BEKB has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.86 indicates that BEKB is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.86, BEKB is in the better half of the industry, outperforming 77.50% of the companies in the same industry.
The Debt to FCF ratio of BEKB is 5.27, which is a neutral value as it means it would take BEKB, 5.27 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BEKB (5.27) is better than 65.00% of its industry peers.
A Debt/Equity ratio of 0.22 indicates that BEKB is not too dependend on debt financing.
BEKB's Debt to Equity ratio of 0.22 is in line compared to the rest of the industry. BEKB outperforms 52.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 5.27 | ||
| Altman-Z | 2.86 |
ROIC/WACC1.06
WACC8.35%
2.3 Liquidity
BEKB has a Current Ratio of 1.72. This is a normal value and indicates that BEKB is financially healthy and should not expect problems in meeting its short term obligations.
BEKB's Current ratio of 1.72 is in line compared to the rest of the industry. BEKB outperforms 52.50% of its industry peers.
A Quick Ratio of 1.06 indicates that BEKB should not have too much problems paying its short term obligations.
BEKB has a Quick ratio (1.06) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
BEKB shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.28%.
Measured over the past years, BEKB shows a very strong growth in Earnings Per Share. The EPS has been growing by 44.16% on average per year.
The Revenue has decreased by -8.55% in the past year.
The Revenue has been decreasing by -1.75% on average over the past years.
EPS 1Y (TTM)-3.28%
EPS 3Y-13.68%
EPS 5Y44.16%
EPS Q2Q%1.1%
Revenue 1Y (TTM)-8.55%
Revenue growth 3Y-6.49%
Revenue growth 5Y-1.75%
Sales Q2Q%-5.59%
3.2 Future
The Earnings Per Share is expected to grow by 13.69% on average over the next years. This is quite good.
BEKB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.82% yearly.
EPS Next Y14.12%
EPS Next 2Y12.82%
EPS Next 3Y13.69%
EPS Next 5YN/A
Revenue Next Year0.62%
Revenue Next 2Y1.97%
Revenue Next 3Y2.34%
Revenue Next 5Y6.82%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
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
The Price/Earnings ratio is 8.09, which indicates a very decent valuation of BEKB.
82.50% of the companies in the same industry are more expensive than BEKB, based on the Price/Earnings ratio.
BEKB is valuated cheaply when we compare the Price/Earnings ratio to 27.18, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 7.09, the valuation of BEKB can be described as very cheap.
Based on the Price/Forward Earnings ratio, BEKB is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of BEKB to the average of the S&P500 Index (35.34), we can say BEKB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.09 | ||
| Fwd PE | 7.09 |
4.2 Price Multiples
72.50% of the companies in the same industry are more expensive than BEKB, based on the Enterprise Value to EBITDA ratio.
95.00% of the companies in the same industry are more expensive than BEKB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.77 | ||
| EV/EBITDA | 4.58 |
4.3 Compensation for Growth
BEKB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of BEKB may justify a higher PE ratio.
A more expensive valuation may be justified as BEKB's earnings are expected to grow with 13.69% in the coming years.
PEG (NY)0.57
PEG (5Y)0.18
EPS Next 2Y12.82%
EPS Next 3Y13.69%
5. Dividend
5.1 Amount
BEKB has a Yearly Dividend Yield of 3.55%.
Compared to an average industry Dividend Yield of 3.08, BEKB pays a bit more dividend than its industry peers.
BEKB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.55% |
5.2 History
The dividend of BEKB is nicely growing with an annual growth rate of 20.69%!
Dividend Growth(5Y)20.69%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
39.25% of the earnings are spent on dividend by BEKB. This is a low number and sustainable payout ratio.
BEKB's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP39.25%
EPS Next 2Y12.82%
EPS Next 3Y13.69%
EBR:BEKB (7/16/2025, 12:51:55 PM)
36.875
-0.08 (-0.2%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners23.83%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.94B
Analysts78.46
Price Target43.93 (19.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.55% |
Yearly Dividend1.79
Dividend Growth(5Y)20.69%
DP39.25%
Div Incr Years4
Div Non Decr Years4
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)-2.9%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.16%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.09 | ||
| Fwd PE | 7.09 | ||
| P/S | 0.49 | ||
| P/FCF | 12.77 | ||
| P/OCF | 5.2 | ||
| P/B | 0.86 | ||
| P/tB | 0.97 | ||
| EV/EBITDA | 4.58 |
EPS(TTM)4.56
EY12.37%
EPS(NY)5.2
Fwd EY14.11%
FCF(TTM)2.89
FCFY7.83%
OCF(TTM)7.1
OCFY19.24%
SpS75.1
BVpS42.85
TBVpS37.93
PEG (NY)0.57
PEG (5Y)0.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.74% | ||
| ROE | 10.58% | ||
| ROCE | 11.59% | ||
| ROIC | 8.83% | ||
| ROICexc | 10.69% | ||
| ROICexgc | 11.99% | ||
| OM | 8.53% | ||
| PM (TTM) | 6.04% | ||
| GM | 17.28% | ||
| FCFM | 3.85% |
ROA(3y)5.85%
ROA(5y)5.81%
ROE(3y)11.83%
ROE(5y)13.07%
ROIC(3y)9.61%
ROIC(5y)9.69%
ROICexc(3y)12.35%
ROICexc(5y)13.13%
ROICexgc(3y)13.71%
ROICexgc(5y)14.61%
ROCE(3y)12.6%
ROCE(5y)12.71%
ROICexcg growth 3Y-10.33%
ROICexcg growth 5Y5.28%
ROICexc growth 3Y-11.03%
ROICexc growth 5Y4.97%
OM growth 3Y-4.84%
OM growth 5Y8.55%
PM growth 3Y-10.25%
PM growth 5Y44.56%
GM growth 3Y-2.61%
GM growth 5Y4.9%
F-Score6
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 5.27 | ||
| Debt/EBITDA | 1.01 | ||
| Cap/Depr | 146.46% | ||
| Cap/Sales | 5.6% | ||
| Interest Coverage | 11.8 | ||
| Cash Conversion | 76.47% | ||
| Profit Quality | 63.72% | ||
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 2.86 |
F-Score6
WACC8.35%
ROIC/WACC1.06
Cap/Depr(3y)118.59%
Cap/Depr(5y)100.71%
Cap/Sales(3y)4.72%
Cap/Sales(5y)4.05%
Profit Quality(3y)70.56%
Profit Quality(5y)112.61%
High Growth Momentum
Growth
EPS 1Y (TTM)-3.28%
EPS 3Y-13.68%
EPS 5Y44.16%
EPS Q2Q%1.1%
EPS Next Y14.12%
EPS Next 2Y12.82%
EPS Next 3Y13.69%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.55%
Revenue growth 3Y-6.49%
Revenue growth 5Y-1.75%
Sales Q2Q%-5.59%
Revenue Next Year0.62%
Revenue Next 2Y1.97%
Revenue Next 3Y2.34%
Revenue Next 5Y6.82%
EBIT growth 1Y-13.57%
EBIT growth 3Y-11.01%
EBIT growth 5Y6.65%
EBIT Next Year51.75%
EBIT Next 3Y20.2%
EBIT Next 5Y17.71%
FCF growth 1Y-33.77%
FCF growth 3Y-12.6%
FCF growth 5Y-18.07%
OCF growth 1Y-14.97%
OCF growth 3Y-0.93%
OCF growth 5Y-6.54%