BENETEAU (BEN.PA) Stock Fundamental Analysis
EPA:BEN - Euronext Paris - Matif - FR0000035164 - Common Stock - Currency: EUR
BEN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 15 industry peers in the Leisure Products industry. While BEN is still in line with the averages on profitability rating, there are concerns on its financial health. BEN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BEN had positive earnings in the past year.
In the past year BEN had a positive cash flow from operations.
Of the past 5 years BEN 4 years were profitable.
BEN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
BEN has a better Return On Assets (6.51%) than 66.67% of its industry peers.
The Return On Equity of BEN (13.89%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 8.51%, BEN perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BEN is below the industry average of 12.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.51% | ||
| ROE | 13.89% | ||
| ROIC | 8.51% |
ROA(3y)6.81%
ROA(5y)3.53%
ROE(3y)15.96%
ROE(5y)8.13%
ROIC(3y)9.62%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 9.71%, BEN is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Profit Margin of BEN has grown nicely.
Looking at the Operating Margin, with a value of 13.08%, BEN is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
BEN's Operating Margin has improved in the last couple of years.
BEN has a better Gross Margin (59.50%) than 73.33% of its industry peers.
BEN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.08% | ||
| PM (TTM) | 9.71% | ||
| GM | 59.5% |
OM growth 3YN/A
OM growth 5Y15.51%
PM growth 3YN/A
PM growth 5Y21.52%
GM growth 3Y2.6%
GM growth 5Y2.24%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BEN is still creating some value.
Compared to 1 year ago, BEN has more shares outstanding
BEN has less shares outstanding than it did 5 years ago.
The debt/assets ratio for BEN is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.21 indicates that BEN is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.21, BEN is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
The Debt to FCF ratio of BEN is 404.34, which is on the high side as it means it would take BEN, 404.34 years of fcf income to pay off all of its debts.
BEN's Debt to FCF ratio of 404.34 is in line compared to the rest of the industry. BEN outperforms 60.00% of its industry peers.
BEN has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
BEN has a Debt to Equity ratio of 0.45. This is in the lower half of the industry: BEN underperforms 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 404.34 | ||
| Altman-Z | 2.21 |
ROIC/WACC1.36
WACC6.26%
2.3 Liquidity
A Current Ratio of 1.34 indicates that BEN should not have too much problems paying its short term obligations.
BEN has a Current ratio (1.34) which is in line with its industry peers.
BEN has a Quick Ratio of 1.34. This is a bad value and indicates that BEN is not financially healthy enough and could expect problems in meeting its short term obligations.
BEN has a Quick ratio of 0.83. This is comparable to the rest of the industry: BEN outperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
BEN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -29.76%.
Measured over the past years, BEN shows a very strong growth in Earnings Per Share. The EPS has been growing by 24.90% on average per year.
The Revenue for BEN has decreased by -24.72% in the past year. This is quite bad
The Revenue has been growing slightly by 2.62% on average over the past years.
EPS 1Y (TTM)-29.76%
EPS 3YN/A
EPS 5Y24.9%
EPS Q2Q%-57.64%
Revenue 1Y (TTM)-24.72%
Revenue growth 3Y2.91%
Revenue growth 5Y2.62%
Sales Q2Q%-31.53%
3.2 Future
Based on estimates for the next years, BEN will show a very negative growth in Earnings Per Share. The EPS will decrease by -16.39% on average per year.
BEN is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -6.56% yearly.
EPS Next Y-57.23%
EPS Next 2Y-44.12%
EPS Next 3Y-26.69%
EPS Next 5Y-16.39%
Revenue Next Year-30.67%
Revenue Next 2Y-23.98%
Revenue Next 3Y-15.7%
Revenue Next 5Y-6.56%
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.
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
Based on the Price/Earnings ratio of 5.57, the valuation of BEN can be described as very cheap.
Based on the Price/Earnings ratio, BEN is valued cheaper than 93.33% of the companies in the same industry.
BEN is valuated cheaply when we compare the Price/Earnings ratio to 28.88, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 14.66 indicates a correct valuation of BEN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BEN is on the same level as its industry peers.
BEN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.57 | ||
| Fwd PE | 14.66 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BEN indicates a rather cheap valuation: BEN is cheaper than 86.67% of the companies listed in the same industry.
BEN's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 599.63 | ||
| EV/EBITDA | 2.35 |
4.3 Compensation for Growth
The decent profitability rating of BEN may justify a higher PE ratio.
A cheap valuation may be justified as BEN's earnings are expected to decrease with -26.69% in the coming years.
PEG (NY)N/A
PEG (5Y)0.22
EPS Next 2Y-44.12%
EPS Next 3Y-26.69%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.84%, BEN has a reasonable but not impressive dividend return.
BEN's Dividend Yield is comparable with the industry average which is at 3.44.
Compared to an average S&P500 Dividend Yield of 2.45, BEN has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
5.2 History
On average, the dividend of BEN grows each year by 47.79%, which is quite nice.
Dividend Growth(5Y)47.79%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
BEN pays out 57.82% of its income as dividend. This is a bit on the high side, but may be sustainable.
BEN's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP57.82%
EPS Next 2Y-44.12%
EPS Next 3Y-26.69%
EPA:BEN (4/30/2025, 7:00:00 PM)
8.025
-0.18 (-2.19%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners14.65%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap664.39M
Analysts82.22
Price Target11.93 (48.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.84% |
Yearly Dividend0.42
Dividend Growth(5Y)47.79%
DP57.82%
Div Incr Years2
Div Non Decr Years2
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)-6.25%
PT rev (3m)0.17%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)25.85%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)20.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.57 | ||
| Fwd PE | 14.66 | ||
| P/S | 0.55 | ||
| P/FCF | 599.63 | ||
| P/OCF | 8.16 | ||
| P/B | 0.79 | ||
| P/tB | 0.84 | ||
| EV/EBITDA | 2.35 |
EPS(TTM)1.44
EY17.94%
EPS(NY)0.55
Fwd EY6.82%
FCF(TTM)0.01
FCFY0.17%
OCF(TTM)0.98
OCFY12.25%
SpS14.6
BVpS10.21
TBVpS9.6
PEG (NY)N/A
PEG (5Y)0.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.51% | ||
| ROE | 13.89% | ||
| ROCE | 15.76% | ||
| ROIC | 8.51% | ||
| ROICexc | 10.52% | ||
| ROICexgc | 11.02% | ||
| OM | 13.08% | ||
| PM (TTM) | 9.71% | ||
| GM | 59.5% | ||
| FCFM | 0.09% |
ROA(3y)6.81%
ROA(5y)3.53%
ROE(3y)15.96%
ROE(5y)8.13%
ROIC(3y)9.62%
ROIC(5y)N/A
ROICexc(3y)15.27%
ROICexc(5y)N/A
ROICexgc(3y)17.88%
ROICexgc(5y)N/A
ROCE(3y)17.97%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y5.58%
ROICexc growth 3YN/A
ROICexc growth 5Y8.56%
OM growth 3YN/A
OM growth 5Y15.51%
PM growth 3YN/A
PM growth 5Y21.52%
GM growth 3Y2.6%
GM growth 5Y2.24%
F-Score5
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 404.34 | ||
| Debt/EBITDA | 1.76 | ||
| Cap/Depr | 139% | ||
| Cap/Sales | 6.64% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 37.7% | ||
| Profit Quality | 0.94% | ||
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 2.21 |
F-Score5
WACC6.26%
ROIC/WACC1.36
Cap/Depr(3y)111.48%
Cap/Depr(5y)95.45%
Cap/Sales(3y)4.99%
Cap/Sales(5y)5.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-29.76%
EPS 3YN/A
EPS 5Y24.9%
EPS Q2Q%-57.64%
EPS Next Y-57.23%
EPS Next 2Y-44.12%
EPS Next 3Y-26.69%
EPS Next 5Y-16.39%
Revenue 1Y (TTM)-24.72%
Revenue growth 3Y2.91%
Revenue growth 5Y2.62%
Sales Q2Q%-31.53%
Revenue Next Year-30.67%
Revenue Next 2Y-23.98%
Revenue Next 3Y-15.7%
Revenue Next 5Y-6.56%
EBIT growth 1Y-23.16%
EBIT growth 3YN/A
EBIT growth 5Y18.54%
EBIT Next Year-38.32%
EBIT Next 3Y-13.12%
EBIT Next 5Y-6.73%
FCF growth 1Y-46.63%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y10.11%
OCF growth 3Y-54.44%
OCF growth 5Y-35.61%