BEFESA SA (BFSA.DE) Stock Fundamental Analysis
FRA:BFSA - Deutsche Boerse Ag - LU1704650164 - Common Stock - Currency: EUR
BFSA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 43 industry peers in the Commercial Services & Supplies industry. While BFSA is still in line with the averages on profitability rating, there are concerns on its financial health. BFSA has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BFSA was profitable.
In the past year BFSA had a positive cash flow from operations.
In the past 5 years BFSA has always been profitable.
In the past 5 years BFSA always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.05%, BFSA is in the better half of the industry, outperforming 67.44% of the companies in the same industry.
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.
The Return On Invested Capital of BFSA (5.58%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital 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.
BFSA has a Gross Margin (53.92%) which is comparable to the rest of the 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BFSA is destroying value.
BFSA has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, BFSA has more shares outstanding
Compared to 1 year ago, BFSA has a worse debt to assets ratio.
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.
With a Altman-Z score value of 1.63, BFSA perfoms like the industry average, outperforming 44.19% of the companies in the same industry.
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.
The Debt to FCF ratio of BFSA (5.23) is better than 65.12% of its industry peers.
BFSA has a Debt/Equity ratio of 0.79. This is a neutral value indicating BFSA is somewhat dependend on debt financing.
BFSA's Debt to Equity ratio of 0.79 is in line compared to the rest of the industry. BFSA outperforms 46.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 5.23 | ||
| Altman-Z | 1.63 |
ROIC/WACC0.85
WACC6.58%
2.3 Liquidity
BFSA has a Current Ratio of 1.28. This is a normal value and indicates that BFSA is financially healthy and should not expect problems in meeting 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.
With a Quick ratio value of 0.92, BFSA perfoms like the industry average, outperforming 46.51% of the companies in the same 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.
BFSA shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -12.17% yearly.
BFSA shows a small growth in Revenue. In the last year, the Revenue has grown by 7.96%.
BFSA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.84% yearly.
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.
BFSA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.09% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.63 indicates a rather expensive valuation of BFSA.
Based on the Price/Earnings ratio, BFSA is valued a bit cheaper than 67.44% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.59, BFSA is valued a bit cheaper.
The Price/Forward Earnings ratio is 11.01, which indicates a very decent valuation of BFSA.
69.77% of the companies in the same industry are more expensive than BFSA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of BFSA to the average of the S&P500 Index (22.39), we can say BFSA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.63 | ||
| Fwd PE | 11.01 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BFSA is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BFSA indicates a somewhat cheap valuation: BFSA is cheaper than 74.42% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.15 | ||
| EV/EBITDA | 8.34 |
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)0.27
PEG (5Y)N/A
EPS Next 2Y41.39%
EPS Next 3Y26.91%
5. Dividend
5.1 Amount
BFSA has a Yearly Dividend Yield of 2.32%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.20, BFSA pays a bit more dividend than its industry peers.
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 (6/11/2025, 3:43:55 PM)
27.94
+0.34 (+1.23%)
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 Cap1.12B
Analysts82.22
Price Target35.96 (28.7%)
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 | 18.63 | ||
| Fwd PE | 11.01 | ||
| P/S | 0.89 | ||
| P/FCF | 8.15 | ||
| P/OCF | 5.29 | ||
| P/B | 1.3 | ||
| P/tB | 9.63 | ||
| EV/EBITDA | 8.34 |
EPS(TTM)1.5
EY5.37%
EPS(NY)2.54
Fwd EY9.09%
FCF(TTM)3.43
FCFY12.27%
OCF(TTM)5.28
OCFY18.9%
SpS31.23
BVpS21.46
TBVpS2.9
PEG (NY)0.27
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
WACC6.58%
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%