BEKAERT NV (BEKB.BR) Stock Fundamental Analysis
EBR:BEKB - Euronext Brussels - BE0974258874 - Common Stock - Currency: EUR
BEKB gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 37 industry peers in the Metals & Mining industry. BEKB scores excellent on profitability, but 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.
BEKB had a positive operating cash flow in the past year.
Each year in the past 5 years BEKB has been profitable.
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 75.68% of the companies in the same industry.
With a decent Return On Equity value of 10.58%, BEKB is doing good in the industry, outperforming 75.68% of the companies in the same industry.
With an excellent Return On Invested Capital value of 8.83%, BEKB belongs to the best of the industry, outperforming 81.08% 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 6.20%.
| 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
BEKB has a Profit Margin of 6.04%. This is in the better half of the industry: BEKB outperforms 72.97% of its industry peers.
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 the better half of the industry, outperforming 64.86% of the companies in the same industry.
BEKB's Operating Margin has improved in the last couple of years.
BEKB's Gross Margin of 17.28% is in line compared to the rest of the industry. BEKB outperforms 45.95% 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
BEKB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
BEKB has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, BEKB has less shares outstanding
The debt/assets ratio for BEKB has been reduced compared to a year ago.
2.2 Solvency
BEKB has an Altman-Z score of 2.83. 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.
The Altman-Z score of BEKB (2.83) is better than 75.68% 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.
BEKB has a better Debt to FCF ratio (5.27) than 70.27% of its industry peers.
A Debt/Equity ratio of 0.22 indicates that BEKB is not too dependend on debt financing.
BEKB has a Debt to Equity ratio (0.22) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 5.27 | ||
| Altman-Z | 2.83 |
ROIC/WACC1.03
WACC8.61%
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 comparable to the rest of the industry.
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 of 1.06. This is comparable to the rest of the industry: BEKB outperforms 51.35% of its industry peers.
| 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.
BEKB shows a decrease in Revenue. In the last year, the revenue decreased by -8.55%.
BEKB shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.75% yearly.
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
BEKB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.69% yearly.
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 Year0.72%
Revenue Next 2Y2.02%
Revenue Next 3Y2.12%
Revenue Next 5Y6.82%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.71, the valuation of BEKB can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of BEKB indicates a rather cheap valuation: BEKB is cheaper than 86.49% of the companies listed in the same industry.
BEKB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.29.
Based on the Price/Forward Earnings ratio of 6.76, the valuation of BEKB can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BEKB indicates a rather cheap valuation: BEKB is cheaper than 91.89% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.42, BEKB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.71 | ||
| Fwd PE | 6.76 |
4.2 Price Multiples
BEKB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BEKB is cheaper than 81.08% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BEKB is valued cheaper than 91.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.55 | ||
| EV/EBITDA | 4.45 |
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.
BEKB's earnings are expected to grow with 13.69% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.55
PEG (5Y)0.17
EPS Next 2Y12.82%
EPS Next 3Y13.69%
5. Dividend
5.1 Amount
BEKB has a Yearly Dividend Yield of 3.92%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.85, BEKB pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.43, BEKB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
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 Years3
Div Non Decr Years3
5.3 Sustainability
39.25% 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.
DP39.25%
EPS Next 2Y12.82%
EPS Next 3Y13.69%
EBR:BEKB (5/7/2025, 9:14:34 AM)
35.175
+0.32 (+0.93%)
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 Cap1.91B
Analysts78.46
Price Target44.08 (25.32%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
Yearly Dividend1.79
Dividend Growth(5Y)20.69%
DP39.25%
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)-2.58%
PT rev (3m)-3.51%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.16%
EPS NY rev (3m)0.96%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.72%
Revenue NY rev (3m)-1.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.71 | ||
| Fwd PE | 6.76 | ||
| P/S | 0.48 | ||
| P/FCF | 12.55 | ||
| P/OCF | 5.11 | ||
| P/B | 0.85 | ||
| P/tB | 0.96 | ||
| EV/EBITDA | 4.45 |
EPS(TTM)4.56
EY12.96%
EPS(NY)5.2
Fwd EY14.79%
FCF(TTM)2.8
FCFY7.97%
OCF(TTM)6.89
OCFY19.58%
SpS72.9
BVpS41.59
TBVpS36.82
PEG (NY)0.55
PEG (5Y)0.17
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 | 2.83 |
F-Score6
WACC8.61%
ROIC/WACC1.03
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 Year0.72%
Revenue Next 2Y2.02%
Revenue Next 3Y2.12%
Revenue Next 5Y6.82%
EBIT growth 1Y-13.57%
EBIT growth 3Y-11.01%
EBIT growth 5Y6.65%
EBIT Next Year59.62%
EBIT Next 3Y20.96%
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%