KE HOLDINGS INC-ADR (BEKE) Stock Fundamental Analysis
USA - NYSE:BEKE - US4824971042 - ADR
18.45 USD
-0.04 (-0.22%)
18.44 USD
-0.01 (-0.05%)
Overall BEKE gets a fundamental rating of 5 out of 10. We evaluated BEKE against 64 industry peers in the Real Estate Management & Development industry. BEKE has an average financial health and profitability rating. BEKE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year BEKE was profitable.
In the past year BEKE had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: BEKE reported negative net income in multiple years.
In the past 5 years BEKE always reported a positive cash flow from operatings.
1.2 Ratios
BEKE has a Return On Assets of 3.15%. This is amongst the best in the industry. BEKE outperforms 81.25% of its industry peers.
The Return On Equity of BEKE (5.67%) is better than 71.88% of its industry peers.
With a decent Return On Invested Capital value of 3.04%, BEKE is doing good in the industry, outperforming 67.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 5.67% | ||
| ROIC | 3.04% |
ROA(3y)2.22%
ROA(5y)1.37%
ROE(3y)3.95%
ROE(5y)2.43%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BEKE has a Profit Margin of 3.78%. This is in the better half of the industry: BEKE outperforms 75.00% of its industry peers.
BEKE has a Operating Margin (3.43%) which is in line with its industry peers.
With a Gross Margin value of 22.15%, BEKE perfoms like the industry average, outperforming 48.44% of the companies in the same industry.
BEKE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.43% | ||
| PM (TTM) | 3.78% | ||
| GM | 22.15% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.81%
GM growth 5Y0.05%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BEKE is destroying value.
The number of shares outstanding for BEKE has been reduced compared to 1 year ago.
BEKE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, BEKE has an improved debt to assets ratio.
2.2 Solvency
BEKE has an Altman-Z score of 2.84. This is not the best score and indicates that BEKE is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.84, BEKE is doing good in the industry, outperforming 68.75% of the companies in the same industry.
BEKE has a debt to FCF ratio of 0.11. This is a very positive value and a sign of high solvency as it would only need 0.11 years to pay back of all of its debts.
The Debt to FCF ratio of BEKE (0.11) is better than 92.19% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that BEKE is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.00, BEKE belongs to the top of the industry, outperforming 85.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.11 | ||
| Altman-Z | 2.84 |
ROIC/WACC0.41
WACC7.48%
2.3 Liquidity
BEKE has a Current Ratio of 1.48. This is a normal value and indicates that BEKE is financially healthy and should not expect problems in meeting its short term obligations.
BEKE has a Current ratio (1.48) which is in line with its industry peers.
A Quick Ratio of 1.48 indicates that BEKE should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.48, BEKE is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.48 |
3. Growth
3.1 Past
BEKE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.62%.
The Earnings Per Share has been growing by 47.15% on average over the past years. This is a very strong growth
Looking at the last year, BEKE shows a very strong growth in Revenue. The Revenue has grown by 32.52%.
BEKE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.22% yearly.
EPS 1Y (TTM)-19.62%
EPS 3Y47.15%
EPS 5YN/A
EPS Q2Q%-31.84%
Revenue 1Y (TTM)32.52%
Revenue growth 3Y4.99%
Revenue growth 5Y15.22%
Sales Q2Q%11.3%
3.2 Future
BEKE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.00% yearly.
Based on estimates for the next years, BEKE will show a small growth in Revenue. The Revenue will grow by 2.38% on average per year.
EPS Next Y-8.81%
EPS Next 2Y9.22%
EPS Next 3Y13%
EPS Next 5YN/A
Revenue Next Year14.76%
Revenue Next 2Y13.57%
Revenue Next 3Y13.48%
Revenue Next 5Y2.38%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.60, which indicates a rather expensive current valuation of BEKE.
78.13% of the companies in the same industry are more expensive than BEKE, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.57. BEKE is around the same levels.
The Price/Forward Earnings ratio is 18.09, which indicates a rather expensive current valuation of BEKE.
BEKE's Price/Forward Earnings ratio is rather cheap when compared to the industry. BEKE is cheaper than 87.50% of the companies in the same industry.
BEKE's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.09.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.6 | ||
| Fwd PE | 18.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BEKE is valued a bit cheaper than the industry average as 76.56% of the companies are valued more expensively.
65.63% of the companies in the same industry are more expensive than BEKE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 62.92 | ||
| EV/EBITDA | 16.71 |
4.3 Compensation for Growth
A more expensive valuation may be justified as BEKE's earnings are expected to grow with 13.00% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.22%
EPS Next 3Y13%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.94%, BEKE has a reasonable but not impressive dividend return.
BEKE's Dividend Yield is rather good when compared to the industry average which is at 3.60. BEKE pays more dividend than 90.63% of the companies in the same industry.
BEKE's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
5.2 History
BEKE has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
DPN/A
EPS Next 2Y9.22%
EPS Next 3Y13%
18.45
-0.04 (-0.22%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners10.47%
Inst Owner Change-0.95%
Ins Owners4.9%
Ins Owner ChangeN/A
Market Cap21.66B
Revenue(TTM)103.05B
Net Income(TTM)3.90B
Analysts89.17
Price Target20.88 (13.17%)
Short Float %3.54%
Short Ratio4.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.94% |
Yearly Dividend0.34
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.87%
Min EPS beat(2)-2.77%
Max EPS beat(2)-0.96%
EPS beat(4)0
Avg EPS beat(4)-24.59%
Min EPS beat(4)-49.05%
Max EPS beat(4)-0.96%
EPS beat(8)4
Avg EPS beat(8)-3.36%
EPS beat(12)7
Avg EPS beat(12)14.72%
EPS beat(16)10
Avg EPS beat(16)15.87%
Revenue beat(2)1
Avg Revenue beat(2)5.74%
Min Revenue beat(2)-2.23%
Max Revenue beat(2)13.71%
Revenue beat(4)2
Avg Revenue beat(4)5.15%
Min Revenue beat(4)-8.74%
Max Revenue beat(4)17.88%
Revenue beat(8)3
Avg Revenue beat(8)1.59%
Revenue beat(12)4
Avg Revenue beat(12)1.34%
Revenue beat(16)8
Avg Revenue beat(16)4.06%
PT rev (1m)-6.89%
PT rev (3m)-1.13%
EPS NQ rev (1m)0.69%
EPS NQ rev (3m)-28.32%
EPS NY rev (1m)-15.26%
EPS NY rev (3m)-26.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-22.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.6 | ||
| Fwd PE | 18.09 | ||
| P/S | 1.5 | ||
| P/FCF | 62.92 | ||
| P/OCF | 62.92 | ||
| P/B | 2.24 | ||
| P/tB | 2.44 | ||
| EV/EBITDA | 16.71 |
EPS(TTM)0.75
EY4.07%
EPS(NY)1.02
Fwd EY5.53%
FCF(TTM)0.29
FCFY1.59%
OCF(TTM)0.29
OCFY1.59%
SpS12.33
BVpS8.22
TBVpS7.56
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.15% | ||
| ROE | 5.67% | ||
| ROCE | 4.53% | ||
| ROIC | 3.04% | ||
| ROICexc | 7.17% | ||
| ROICexgc | 8.62% | ||
| OM | 3.43% | ||
| PM (TTM) | 3.78% | ||
| GM | 22.15% | ||
| FCFM | 2.38% |
ROA(3y)2.22%
ROA(5y)1.37%
ROE(3y)3.95%
ROE(5y)2.43%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.81%
GM growth 5Y0.05%
F-Score3
Asset Turnover0.83
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.11 | ||
| Debt/EBITDA | 0.01 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 53.93% | ||
| Profit Quality | 62.86% | ||
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.48 | ||
| Altman-Z | 2.84 |
F-Score3
WACC7.48%
ROIC/WACC0.41
Cap/Depr(3y)72.52%
Cap/Depr(5y)79.49%
Cap/Sales(3y)1.18%
Cap/Sales(5y)1.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-19.62%
EPS 3Y47.15%
EPS 5YN/A
EPS Q2Q%-31.84%
EPS Next Y-8.81%
EPS Next 2Y9.22%
EPS Next 3Y13%
EPS Next 5YN/A
Revenue 1Y (TTM)32.52%
Revenue growth 3Y4.99%
Revenue growth 5Y15.22%
Sales Q2Q%11.3%
Revenue Next Year14.76%
Revenue Next 2Y13.57%
Revenue Next 3Y13.48%
Revenue Next 5Y2.38%
EBIT growth 1Y23.38%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year21.8%
EBIT Next 3Y25.68%
EBIT Next 5Y15.63%
FCF growth 1Y-79.72%
FCF growth 3Y57.19%
FCF growth 5YN/A
OCF growth 1Y-79.72%
OCF growth 3Y37.99%
OCF growth 5Y142.51%