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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
BFSA had positive earnings in the past year.
BFSA had a positive operating cash flow in the past year.
BFSA had positive earnings in each of the past 5 years.
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 has a Return On Equity (6.99%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 5.58%, BFSA is in line with its industry, outperforming 55.81% of the companies in the same industry.
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
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.
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.
The Gross Margin of BFSA (53.92%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of BFSA has declined.
| 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.
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.
Looking at the Altman-Z score, with a value of 1.63, BFSA is in line with its industry, outperforming 46.51% of the companies in the same industry.
BFSA has a debt to FCF ratio of 5.23. This is a neutral value as BFSA would need 5.23 years to pay back of 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.
BFSA has a Debt/Equity ratio of 0.79. This is a neutral value indicating BFSA is somewhat dependend on debt financing.
The Debt to Equity ratio of BFSA (0.79) is comparable to the rest of the industry.
| 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.
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 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
The Earnings Per Share has grown by an nice 14.50% over the past year.
The earnings per share for BFSA have been decreasing by -12.17% on average. This is quite bad
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
BFSA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.88% yearly.
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
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 18.28 indicates a rather expensive valuation of BFSA.
Based on the Price/Earnings ratio, BFSA is valued a bit cheaper than 65.12% of the companies in the same industry.
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.
Based on the Price/Forward Earnings ratio of 10.80, the valuation of BFSA can be described as reasonable.
69.77% of the companies in the same industry are more expensive than BFSA, based on the Price/Forward Earnings ratio.
BFSA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.28 | ||
| Fwd PE | 10.8 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BFSA.
BFSA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BFSA is cheaper than 72.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8 | ||
| EV/EBITDA | 8.4 |
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 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.
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 (6/12/2025, 7:00:00 PM)
27.42
-0.48 (-1.72%)
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 (31.15%)
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 | 18.28 | ||
| Fwd PE | 10.8 | ||
| P/S | 0.88 | ||
| P/FCF | 8 | ||
| P/OCF | 5.19 | ||
| P/B | 1.28 | ||
| P/tB | 9.45 | ||
| EV/EBITDA | 8.4 |
EPS(TTM)1.5
EY5.47%
EPS(NY)2.54
Fwd EY9.26%
FCF(TTM)3.43
FCFY12.5%
OCF(TTM)5.28
OCFY19.26%
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
WACC6.58%
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%