BERENTZEN-GRUPPE AG (BEZ.DE) Stock Fundamental Analysis
FRA:BEZ - Deutsche Boerse Ag - DE0005201602 - Common Stock - Currency: EUR
Taking everything into account, BEZ scores 4 out of 10 in our fundamental rating. BEZ was compared to 24 industry peers in the Beverages industry. The financial health of BEZ is average, but there are quite some concerns on its profitability. BEZ has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year BEZ has reported negative net income.
BEZ had a positive operating cash flow in the past year.
BEZ had positive earnings in 4 of the past 5 years.
Of the past 5 years BEZ 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.91%, BEZ is doing worse than 87.50% of the companies in the same industry.
Looking at the Return On Equity, with a value of -2.70%, BEZ is doing worse than 87.50% of the companies in the same industry.
With a Return On Invested Capital value of 6.06%, BEZ is not doing good in the industry: 70.83% of the companies in the same industry are doing better.
BEZ had an Average Return On Invested Capital over the past 3 years of 5.68%. This is in line with the industry average of 7.34%.
The last Return On Invested Capital (6.06%) for BEZ is above the 3 year average (5.68%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.91% | ||
| ROE | -2.7% | ||
| ROIC | 6.06% |
ROA(3y)0.37%
ROA(5y)0.91%
ROE(3y)1.11%
ROE(5y)2.69%
ROIC(3y)5.68%
ROIC(5y)5.02%
1.3 Margins
BEZ has a worse Operating Margin (5.32%) than 79.17% of its industry peers.
BEZ's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 44.18%, BEZ is in line with its industry, outperforming 45.83% of the companies in the same industry.
In the last couple of years the Gross Margin of BEZ has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.32% | ||
| PM (TTM) | N/A | ||
| GM | 44.18% |
OM growth 3Y3.18%
OM growth 5Y0.33%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.94%
GM growth 5Y-0.2%
2. Health
2.1 Basic Checks
BEZ has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for BEZ remains at a similar level compared to 1 year ago.
BEZ has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for BEZ is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.20 indicates that BEZ 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 2.20, BEZ is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
The Debt to FCF ratio of BEZ is 28.12, which is on the high side as it means it would take BEZ, 28.12 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BEZ (28.12) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.25 indicates that BEZ is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.25, BEZ belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 28.12 | ||
| Altman-Z | 2.2 |
ROIC/WACC0.7
WACC8.65%
2.3 Liquidity
BEZ has a Current Ratio of 1.14. This is a normal value and indicates that BEZ is financially healthy and should not expect problems in meeting its short term obligations.
BEZ has a Current ratio (1.14) which is in line with its industry peers.
BEZ has a Quick Ratio of 1.14. This is a bad value and indicates that BEZ is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.46, BEZ is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
BEZ shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -244.73%.
The Revenue has decreased by -2.00% in the past year.
Measured over the past years, BEZ shows a small growth in Revenue. The Revenue has been growing by 1.68% on average per year.
EPS 1Y (TTM)-244.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1408.7%
Revenue 1Y (TTM)-2%
Revenue growth 3Y7.58%
Revenue growth 5Y1.68%
Sales Q2Q%-2.94%
3.2 Future
BEZ is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 190.22% yearly.
BEZ is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.52% yearly.
EPS Next Y1077.78%
EPS Next 2Y318.99%
EPS Next 3Y190.22%
EPS Next 5YN/A
Revenue Next Year0.56%
Revenue Next 2Y3.97%
Revenue Next 3Y5.76%
Revenue Next 5Y4.52%
3.3 Evolution
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 negative for BEZ. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 10.22, which indicates a very decent valuation of BEZ.
BEZ's Price/Forward Earnings ratio is rather cheap when compared to the industry. BEZ is cheaper than 83.33% of the companies in the same industry.
BEZ is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.89, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.22 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BEZ is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BEZ indicates a slightly more expensive valuation: BEZ is more expensive than 75.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 82.55 | ||
| EV/EBITDA | 2.66 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BEZ's earnings are expected to grow with 190.22% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y318.99%
EPS Next 3Y190.22%
5. Dividend
5.1 Amount
BEZ has a Yearly Dividend Yield of 2.52%.
BEZ's Dividend Yield is comparable with the industry average which is at 2.71.
Compared to an average S&P500 Dividend Yield of 2.40, BEZ has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.52% |
5.2 History
The dividend of BEZ decreases each year by -20.31%.
Dividend Growth(5Y)-20.31%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
The earnings of BEZ are negative and hence is the payout ratio. BEZ will probably not be able to sustain this dividend level.
DP-67.49%
EPS Next 2Y318.99%
EPS Next 3Y190.22%
FRA:BEZ (5/14/2025, 7:00:00 PM)
4.54
+0.01 (+0.22%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners13.21%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap43.58M
Analysts83.33
Price Target9.69 (113.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.52% |
Yearly Dividend0.09
Dividend Growth(5Y)-20.31%
DP-67.49%
Div Incr Years0
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)0%
PT rev (3m)4.78%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.3%
EPS NY rev (3m)-3.3%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.02%
Revenue NY rev (3m)-4.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.22 | ||
| P/S | 0.24 | ||
| P/FCF | 82.55 | ||
| P/OCF | 6.08 | ||
| P/B | 0.94 | ||
| P/tB | 1.16 | ||
| EV/EBITDA | 2.66 |
EPS(TTM)-0.13
EYN/A
EPS(NY)0.44
Fwd EY9.79%
FCF(TTM)0.06
FCFY1.21%
OCF(TTM)0.75
OCFY16.45%
SpS18.95
BVpS4.83
TBVpS3.92
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.91% | ||
| ROE | -2.7% | ||
| ROCE | 14.73% | ||
| ROIC | 6.06% | ||
| ROICexc | 7.06% | ||
| ROICexgc | 8.37% | ||
| OM | 5.32% | ||
| PM (TTM) | N/A | ||
| GM | 44.18% | ||
| FCFM | 0.29% |
ROA(3y)0.37%
ROA(5y)0.91%
ROE(3y)1.11%
ROE(5y)2.69%
ROIC(3y)5.68%
ROIC(5y)5.02%
ROICexc(3y)6.84%
ROICexc(5y)7.02%
ROICexgc(3y)8.27%
ROICexgc(5y)9.12%
ROCE(3y)13.79%
ROCE(5y)12.2%
ROICexcg growth 3Y-14.69%
ROICexcg growth 5Y-22.99%
ROICexc growth 3Y-8.72%
ROICexc growth 5Y-14.52%
OM growth 3Y3.18%
OM growth 5Y0.33%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.94%
GM growth 5Y-0.2%
F-Score5
Asset Turnover1.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 28.12 | ||
| Debt/EBITDA | 0.62 | ||
| Cap/Depr | 75.82% | ||
| Cap/Sales | 3.65% | ||
| Interest Coverage | 2.2 | ||
| Cash Conversion | 38.88% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.46 | ||
| Altman-Z | 2.2 |
F-Score5
WACC8.65%
ROIC/WACC0.7
Cap/Depr(3y)99.61%
Cap/Depr(5y)90.98%
Cap/Sales(3y)4.65%
Cap/Sales(5y)4.62%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-244.73%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1408.7%
EPS Next Y1077.78%
EPS Next 2Y318.99%
EPS Next 3Y190.22%
EPS Next 5YN/A
Revenue 1Y (TTM)-2%
Revenue growth 3Y7.58%
Revenue growth 5Y1.68%
Sales Q2Q%-2.94%
Revenue Next Year0.56%
Revenue Next 2Y3.97%
Revenue Next 3Y5.76%
Revenue Next 5Y4.52%
EBIT growth 1Y15.91%
EBIT growth 3Y11.01%
EBIT growth 5Y2.02%
EBIT Next Year166.65%
EBIT Next 3Y53.14%
EBIT Next 5YN/A
FCF growth 1Y104.21%
FCF growth 3Y-44.77%
FCF growth 5Y-43.83%
OCF growth 1Y334.04%
OCF growth 3Y-14.87%
OCF growth 5Y-15.46%