BEFESA SA (BFSA.DE) Stock Fundamental Analysis
FRA:BFSA - Deutsche Boerse Ag - LU1704650164 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to BFSA. BFSA was compared to 43 industry peers in the Commercial Services & Supplies industry. BFSA has a medium profitability rating, but doesn't score so well on its financial health evaluation. BFSA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year BFSA was profitable.
BFSA had a positive operating cash flow in the past year.
Each year in the past 5 years BFSA has been profitable.
BFSA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BFSA's Return On Assets of 3.05% is fine compared to the rest of the industry. BFSA outperforms 67.44% of its industry peers.
BFSA's Return On Equity of 6.99% is in line compared to the rest of the industry. BFSA outperforms 53.49% of its industry peers.
BFSA has a Return On Invested Capital (5.58%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for BFSA is in line with the industry average of 6.99%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 6.99% | ||
| ROIC | 5.58% |
ROA(3y)3.64%
ROA(5y)4.16%
ROE(3y)8.78%
ROE(5y)11.47%
ROIC(3y)6.03%
ROIC(5y)6.41%
1.3 Margins
BFSA has a Profit Margin of 4.80%. This is in the better half of the industry: BFSA outperforms 72.09% of its industry peers.
In the last couple of years the Profit Margin of BFSA has declined.
BFSA has a Operating Margin of 9.62%. This is in the better half of the industry: BFSA outperforms 76.74% of its industry peers.
In the last couple of years the Operating Margin of BFSA has declined.
Looking at the Gross Margin, with a value of 53.92%, BFSA is in line with its industry, outperforming 55.81% of the companies in the same industry.
BFSA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.62% | ||
| PM (TTM) | 4.8% | ||
| GM | 53.92% |
OM growth 3Y-16.45%
OM growth 5Y-14%
PM growth 3Y-30.35%
PM growth 5Y-20.31%
GM growth 3Y-1.79%
GM growth 5Y-12.3%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BFSA is destroying value.
BFSA has about the same amout of shares outstanding than it did 1 year ago.
BFSA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BFSA is higher compared to a year ago.
2.2 Solvency
BFSA has an Altman-Z score of 1.63. This is a bad value and indicates that BFSA is not financially healthy and even has some risk of bankruptcy.
BFSA's Altman-Z score of 1.63 is in line compared to the rest of the industry. BFSA outperforms 46.51% of its industry peers.
The Debt to FCF ratio of BFSA is 5.23, which is a neutral value as it means it would take BFSA, 5.23 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 5.23, BFSA is doing good in the industry, outperforming 65.12% of the companies in the same industry.
A Debt/Equity ratio of 0.79 indicates that BFSA is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.79, BFSA is in line with its industry, outperforming 46.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 5.23 | ||
| Altman-Z | 1.63 |
ROIC/WACC0.85
WACC6.59%
2.3 Liquidity
A Current Ratio of 1.28 indicates that BFSA should not have too much problems paying its short term obligations.
BFSA has a Current ratio (1.28) which is in line with its industry peers.
A Quick Ratio of 0.92 indicates that BFSA may have some problems paying its short term obligations.
BFSA has a Quick ratio (0.92) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
BFSA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.50%, which is quite good.
Measured over the past years, BFSA shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -12.17% on average per year.
BFSA shows a small growth in Revenue. In the last year, the Revenue has grown by 7.96%.
The Revenue has been growing by 13.84% on average over the past years. This is quite good.
EPS 1Y (TTM)14.5%
EPS 3Y-22.13%
EPS 5Y-12.17%
EPS Q2Q%95.83%
Revenue 1Y (TTM)7.96%
Revenue growth 3Y14.68%
Revenue growth 5Y13.84%
Sales Q2Q%3.24%
3.2 Future
Based on estimates for the next years, BFSA will show a very strong growth in Earnings Per Share. The EPS will grow by 21.88% on average per year.
Based on estimates for the next years, BFSA will show a small growth in Revenue. The Revenue will grow by 4.09% on average per year.
EPS Next Y69.71%
EPS Next 2Y41.39%
EPS Next 3Y26.91%
EPS Next 5Y21.88%
Revenue Next Year6.87%
Revenue Next 2Y6.61%
Revenue Next 3Y5.93%
Revenue Next 5Y4.09%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.29 indicates a rather expensive valuation of BFSA.
Based on the Price/Earnings ratio, BFSA is valued a bit cheaper than the industry average as 65.12% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.55. BFSA is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 10.81, the valuation of BFSA can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BFSA indicates a somewhat cheap valuation: BFSA is cheaper than 69.77% of the companies listed in the same industry.
BFSA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.29 | ||
| Fwd PE | 10.81 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BFSA.
72.09% of the companies in the same industry are more expensive than BFSA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8 | ||
| EV/EBITDA | 8.4 |
4.3 Compensation for Growth
BFSA's 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 BFSA's earnings are expected to grow with 26.91% in the coming years.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y41.39%
EPS Next 3Y26.91%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.32%, BFSA has a reasonable but not impressive dividend return.
BFSA's Dividend Yield is a higher than the industry average which is at 4.20.
Compared to an average S&P500 Dividend Yield of 2.39, BFSA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
5.2 History
The dividend of BFSA decreases each year by -11.17%.
Dividend Growth(5Y)-11.17%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
48.67% of the earnings are spent on dividend by BFSA. This is a bit on the high side, but may be sustainable.
DP48.67%
EPS Next 2Y41.39%
EPS Next 3Y26.91%
FRA:BFSA (6/12/2025, 5:20:16 PM)
27.44
-0.46 (-1.65%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners67.54%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.10B
Analysts82.22
Price Target35.96 (31.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.32% |
Yearly Dividend0.73
Dividend Growth(5Y)-11.17%
DP48.67%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.87%
Min EPS beat(2)-5.78%
Max EPS beat(2)-1.96%
EPS beat(4)0
Avg EPS beat(4)-23.9%
Min EPS beat(4)-71.79%
Max EPS beat(4)-1.96%
EPS beat(8)1
Avg EPS beat(8)-23.23%
EPS beat(12)3
Avg EPS beat(12)-6.98%
EPS beat(16)6
Avg EPS beat(16)1.34%
Revenue beat(2)0
Avg Revenue beat(2)-4.5%
Min Revenue beat(2)-7.06%
Max Revenue beat(2)-1.94%
Revenue beat(4)0
Avg Revenue beat(4)-4.94%
Min Revenue beat(4)-7.5%
Max Revenue beat(4)-1.94%
Revenue beat(8)0
Avg Revenue beat(8)-4.36%
Revenue beat(12)3
Avg Revenue beat(12)-2.92%
Revenue beat(16)3
Avg Revenue beat(16)-4.28%
PT rev (1m)5.75%
PT rev (3m)7.27%
EPS NQ rev (1m)-11.86%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.09%
Revenue NQ rev (1m)-3.83%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.29 | ||
| Fwd PE | 10.81 | ||
| P/S | 0.88 | ||
| P/FCF | 8 | ||
| P/OCF | 5.2 | ||
| P/B | 1.28 | ||
| P/tB | 9.46 | ||
| EV/EBITDA | 8.4 |
EPS(TTM)1.5
EY5.47%
EPS(NY)2.54
Fwd EY9.25%
FCF(TTM)3.43
FCFY12.49%
OCF(TTM)5.28
OCFY19.25%
SpS31.23
BVpS21.46
TBVpS2.9
PEG (NY)0.26
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 6.99% | ||
| ROCE | 7.12% | ||
| ROIC | 5.58% | ||
| ROICexc | 5.98% | ||
| ROICexgc | 11.32% | ||
| OM | 9.62% | ||
| PM (TTM) | 4.8% | ||
| GM | 53.92% | ||
| FCFM | 10.98% |
ROA(3y)3.64%
ROA(5y)4.16%
ROE(3y)8.78%
ROE(5y)11.47%
ROIC(3y)6.03%
ROIC(5y)6.41%
ROICexc(3y)6.54%
ROICexc(5y)7.24%
ROICexgc(3y)12.37%
ROICexgc(5y)14.59%
ROCE(3y)7.69%
ROCE(5y)8.17%
ROICexcg growth 3Y-14.94%
ROICexcg growth 5Y-15.03%
ROICexc growth 3Y-11.26%
ROICexc growth 5Y-13.94%
OM growth 3Y-16.45%
OM growth 5Y-14%
PM growth 3Y-30.35%
PM growth 5Y-20.31%
GM growth 3Y-1.79%
GM growth 5Y-12.3%
F-Score6
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 5.23 | ||
| Debt/EBITDA | 3.35 | ||
| Cap/Depr | 88.67% | ||
| Cap/Sales | 5.93% | ||
| Interest Coverage | 2.84 | ||
| Cash Conversion | 103.69% | ||
| Profit Quality | 228.56% | ||
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.92 | ||
| Altman-Z | 1.63 |
F-Score6
WACC6.59%
ROIC/WACC0.85
Cap/Depr(3y)122.67%
Cap/Depr(5y)130.04%
Cap/Sales(3y)7.92%
Cap/Sales(5y)8.33%
Profit Quality(3y)113.86%
Profit Quality(5y)93.62%
High Growth Momentum
Growth
EPS 1Y (TTM)14.5%
EPS 3Y-22.13%
EPS 5Y-12.17%
EPS Q2Q%95.83%
EPS Next Y69.71%
EPS Next 2Y41.39%
EPS Next 3Y26.91%
EPS Next 5Y21.88%
Revenue 1Y (TTM)7.96%
Revenue growth 3Y14.68%
Revenue growth 5Y13.84%
Sales Q2Q%3.24%
Revenue Next Year6.87%
Revenue Next 2Y6.61%
Revenue Next 3Y5.93%
Revenue Next 5Y4.09%
EBIT growth 1Y17.65%
EBIT growth 3Y-4.19%
EBIT growth 5Y-2.09%
EBIT Next Year99.54%
EBIT Next 3Y31.34%
EBIT Next 5Y19.67%
FCF growth 1Y850.24%
FCF growth 3Y40.44%
FCF growth 5Y33.08%
OCF growth 1Y69.57%
OCF growth 3Y17.61%
OCF growth 5Y13.35%