BEKAERT NV (BEKB.BR) Stock Fundamental Analysis
EBR:BEKB - Euronext Brussels - BE0974258874 - Common Stock - Currency: EUR
Taking everything into account, BEKB scores 6 out of 10 in our fundamental rating. BEKB was compared to 38 industry peers in the Metals & Mining industry. BEKB scores excellent on profitability, but there are some minor concerns on its financial health. BEKB may be a bit undervalued, certainly considering the very reasonable score on growth Finally BEKB also has an excellent dividend rating. With these ratings, BEKB could be worth investigating further for value and dividend 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.
In the past 5 years BEKB always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.74%, BEKB is in the better half of the industry, outperforming 71.05% of the companies in the same industry.
BEKB has a better Return On Equity (10.58%) than 73.68% of its industry peers.
BEKB's Return On Invested Capital of 8.58% is amongst the best of the industry. BEKB outperforms 81.58% of its industry peers.
BEKB had an Average Return On Invested Capital over the past 3 years of 9.70%. This is above the industry average of 6.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.74% | ||
| ROE | 10.58% | ||
| ROIC | 8.58% |
ROA(3y)5.85%
ROA(5y)5.81%
ROE(3y)11.83%
ROE(5y)13.07%
ROIC(3y)9.7%
ROIC(5y)9.75%
1.3 Margins
BEKB has a Profit Margin of 6.04%. This is in the better half of the industry: BEKB outperforms 71.05% of its industry peers.
In the last couple of years the Profit Margin of BEKB has grown nicely.
BEKB has a Operating Margin of 8.28%. This is in the better half of the industry: BEKB outperforms 60.53% of its industry peers.
BEKB's Operating Margin has improved in the last couple of years.
BEKB has a Gross Margin of 16.64%. This is in the lower half of the industry: BEKB underperforms 60.53% of its industry peers.
BEKB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.28% | ||
| PM (TTM) | 6.04% | ||
| GM | 16.64% |
OM growth 3Y-3.87%
OM growth 5Y9.21%
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.
The number of shares outstanding for BEKB has been reduced compared to 1 year ago.
The number of shares outstanding for BEKB has been reduced compared to 5 years ago.
BEKB has a better debt/assets ratio than last year.
2.2 Solvency
BEKB has an Altman-Z score of 2.78. This is not the best score and indicates that BEKB is in the grey zone with still only limited risk for bankruptcy at the moment.
BEKB has a better Altman-Z score (2.78) than 76.32% of its industry peers.
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.
With a decent Debt to FCF ratio value of 5.27, BEKB is doing good in the industry, outperforming 68.42% of the companies in the same industry.
A Debt/Equity ratio of 0.22 indicates that BEKB is not too dependend on debt financing.
BEKB has a Debt to Equity ratio of 0.22. This is in the better half of the industry: BEKB outperforms 65.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 5.27 | ||
| Altman-Z | 2.78 |
ROIC/WACC1.1
WACC7.83%
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.
The Current ratio of BEKB (1.72) is better than 60.53% of its industry peers.
BEKB has a Quick Ratio of 1.06. This is a normal value and indicates that BEKB is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.06, BEKB is in line with its industry, outperforming 52.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
The earnings per share for BEKB have decreased by -3.28% in the last year.
BEKB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 44.16% yearly.
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
Based on estimates for the next years, BEKB will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.84% on average per year.
BEKB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.92% yearly.
EPS Next Y13.07%
EPS Next 2Y11.84%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-8.55%
Revenue Next 2Y-3.36%
Revenue Next 3Y-1.01%
Revenue Next 5Y4.92%
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 7.88, which indicates a rather cheap valuation of BEKB.
Based on the Price/Earnings ratio, BEKB is valued cheaper than 92.11% of the companies in the same industry.
When comparing the Price/Earnings ratio of BEKB to the average of the S&P500 Index (28.63), we can say BEKB is valued rather cheaply.
A Price/Forward Earnings ratio of 6.97 indicates a rather cheap valuation of BEKB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BEKB indicates a rather cheap valuation: BEKB is cheaper than 94.74% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.72, BEKB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.88 | ||
| Fwd PE | 6.97 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, BEKB is valued cheaper than 84.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.82 | ||
| EV/EBITDA | N/A |
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.
BEKB has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.6
PEG (5Y)0.18
EPS Next 2Y11.84%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.73%, BEKB has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.64, BEKB pays a better dividend. On top of this BEKB pays more dividend than 81.58% of the companies listed in the same industry.
BEKB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.73% |
5.2 History
The dividend of BEKB is nicely growing with an annual growth rate of 20.79%!
Dividend Growth(5Y)20.79%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
39.42% of the earnings are spent on dividend by BEKB. This is a low number and sustainable payout ratio.
The dividend of BEKB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP39.42%
EPS Next 2Y11.84%
EPS Next 3YN/A
EBR:BEKB (3/21/2025, 7:00:00 PM)
35.94
-0.28 (-0.77%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners23.53%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.95B
Analysts78.46
Price Target45.24 (25.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.73% |
Yearly Dividend1.8
Dividend Growth(5Y)20.79%
DP39.42%
Div Incr Years3
Div Non Decr Years3
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)-0.96%
PT rev (3m)-5.46%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-5.02%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.87%
Revenue NY rev (3m)-5.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.88 | ||
| Fwd PE | 6.97 | ||
| P/S | 0.49 | ||
| P/FCF | 12.82 | ||
| P/OCF | 5.22 | ||
| P/B | 0.86 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.56
EY12.69%
EPS(NY)5.16
Fwd EY14.35%
FCF(TTM)2.8
FCFY7.8%
OCF(TTM)6.89
OCFY19.17%
SpS72.9
BVpS41.59
TBVpS36.82
PEG (NY)0.6
PEG (5Y)0.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.74% | ||
| ROE | 10.58% | ||
| ROCE | 11.25% | ||
| ROIC | 8.58% | ||
| ROICexc | 10.38% | ||
| ROICexgc | 11.64% | ||
| OM | 8.28% | ||
| PM (TTM) | 6.04% | ||
| GM | 16.64% | ||
| FCFM | 3.85% |
ROA(3y)5.85%
ROA(5y)5.81%
ROE(3y)11.83%
ROE(5y)13.07%
ROIC(3y)9.7%
ROIC(5y)9.75%
ROICexc(3y)12.46%
ROICexc(5y)13.2%
ROICexgc(3y)13.83%
ROICexgc(5y)14.69%
ROCE(3y)12.72%
ROCE(5y)12.79%
ROICexcg growth 3Y-9.41%
ROICexcg growth 5Y5.92%
ROICexc growth 3Y-10.12%
ROICexc growth 5Y5.61%
OM growth 3Y-3.87%
OM growth 5Y9.21%
PM growth 3Y-10.25%
PM growth 5Y44.56%
GM growth 3Y-2.61%
GM growth 5Y4.9%
F-Score5
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 5.27 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 5.6% | ||
| Interest Coverage | 11.46 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 63.72% | ||
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 2.78 |
F-Score5
WACC7.83%
ROIC/WACC1.1
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
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 Y13.07%
EPS Next 2Y11.84%
EPS Next 3YN/A
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 Year-8.55%
Revenue Next 2Y-3.36%
Revenue Next 3Y-1.01%
Revenue Next 5Y4.92%
EBIT growth 1Y-16.09%
EBIT growth 3Y-10.1%
EBIT growth 5Y7.31%
EBIT Next Year71.11%
EBIT Next 3YN/A
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%