BEFESA SA (BFSA.DE) Stock Fundamental Analysis
FRA:BFSA - Deutsche Boerse Ag - LU1704650164 - Common Stock - Currency: EUR
Overall BFSA gets a fundamental rating of 4 out of 10. We evaluated BFSA 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.
BFSA had a positive operating cash flow in the past year.
BFSA had positive earnings in each of the past 5 years.
Each year in the past 5 years BFSA had a positive operating cash flow.
1.2 Ratios
The Return On Assets of BFSA (3.05%) is better than 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 of 5.58%. This is comparable to the rest of the industry: BFSA outperforms 55.81% of its industry peers.
BFSA had an Average Return On Invested Capital over the past 3 years of 6.03%. This 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
Looking at the Profit Margin, with a value of 4.80%, BFSA is in the better half of the industry, outperforming 72.09% of the companies in the same industry.
In the last couple of years the Profit Margin of BFSA has declined.
Looking at the Operating Margin, with a value of 9.62%, BFSA is in the better half of the industry, outperforming 76.74% of the companies in the same industry.
In the last couple of years the Operating Margin of BFSA has declined.
BFSA's Gross Margin of 53.92% is in line compared to the rest of the industry. BFSA outperforms 55.81% of its industry peers.
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.
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
Based on the Altman-Z score of 1.62, we must say that BFSA is in the distress zone and has some risk of bankruptcy.
BFSA has a Altman-Z score (1.62) which is in line with 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.
BFSA's Debt to FCF ratio of 5.23 is fine compared to the rest of the industry. BFSA outperforms 65.12% of its industry peers.
A Debt/Equity ratio of 0.79 indicates that BFSA is somewhat dependend on debt financing.
BFSA has a Debt to Equity ratio (0.79) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 5.23 | ||
| Altman-Z | 1.62 |
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.
The Current ratio of BFSA (1.28) is comparable to the rest of the industry.
BFSA has a Quick Ratio of 1.28. This is a bad value and indicates that BFSA is not financially healthy enough and could expect problems in meeting its short term obligations.
BFSA's Quick ratio of 0.92 is in line compared to the rest of the industry. BFSA outperforms 46.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.50% over the past year.
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.
Looking at the last year, BFSA shows a small growth in Revenue. The Revenue has grown by 7.96% in the last year.
Measured over the past years, BFSA shows a quite strong growth in Revenue. The Revenue has been growing by 13.84% on average per year.
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
The Price/Earnings ratio is 18.19, which indicates a rather expensive current valuation of BFSA.
Based on the Price/Earnings ratio, BFSA is valued a bit cheaper than the industry average as 69.77% of the companies are valued more expensively.
BFSA is valuated rather cheaply when we compare the Price/Earnings ratio to 26.60, which is the current average of the S&P500 Index.
BFSA is valuated reasonably with a Price/Forward Earnings ratio of 10.75.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BFSA indicates a somewhat cheap valuation: BFSA is cheaper than 67.44% of the companies listed in the same industry.
BFSA is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.39, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.19 | ||
| Fwd PE | 10.75 |
4.2 Price Multiples
BFSA's Enterprise Value to EBITDA ratio is in line with the industry average.
BFSA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BFSA is cheaper than 74.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.96 | ||
| EV/EBITDA | 8.31 |
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.
BFSA's earnings are expected to grow with 26.91% in the coming years. This may justify a more expensive valuation.
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.
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
BFSA pays out 48.67% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP48.67%
EPS Next 2Y41.39%
EPS Next 3Y26.91%
FRA:BFSA (6/13/2025, 5:29:55 PM)
27.28
-0.14 (-0.51%)
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 Cap1.09B
Analysts82.22
Price Target35.96 (31.82%)
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 | 18.19 | ||
| Fwd PE | 10.75 | ||
| P/S | 0.87 | ||
| P/FCF | 7.96 | ||
| P/OCF | 5.17 | ||
| P/B | 1.27 | ||
| P/tB | 9.41 | ||
| EV/EBITDA | 8.31 |
EPS(TTM)1.5
EY5.5%
EPS(NY)2.54
Fwd EY9.31%
FCF(TTM)3.43
FCFY12.57%
OCF(TTM)5.28
OCFY19.36%
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 | 1.62 |
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%