BEFESA SA (BFSA.DE) Stock Fundamental Analysis
FRA:BFSA - Deutsche Boerse Ag - LU1704650164 - Common Stock - Currency: EUR
Taking everything into account, BFSA scores 4 out of 10 in our fundamental rating. 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 is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BFSA had positive earnings in the past year.
In the past year BFSA had a positive cash flow from operations.
BFSA had positive earnings in 4 of the past 5 years.
BFSA had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.88%, BFSA is in the better half of the industry, outperforming 62.79% of the companies in the same industry.
BFSA has a Return On Equity (7.26%) which is comparable to the rest of the industry.
BFSA has a better Return On Invested Capital (6.07%) than 65.12% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BFSA is in line with the industry average of 7.30%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.88% | ||
| ROE | 7.26% | ||
| ROIC | 6.07% |
ROA(3y)4.64%
ROA(5y)5.13%
ROE(3y)12.08%
ROE(5y)15.03%
ROIC(3y)6.94%
ROIC(5y)7.81%
1.3 Margins
BFSA has a better Profit Margin (4.65%) than 65.12% of its industry peers.
In the last couple of years the Profit Margin of BFSA has declined.
BFSA has a better Operating Margin (9.83%) than 74.42% 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 52.65%, BFSA is in the better half of the industry, outperforming 60.47% of the companies in the same industry.
BFSA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.83% | ||
| PM (TTM) | 4.65% | ||
| GM | 52.65% |
OM growth 3Y-14.07%
OM growth 5Y-14.93%
PM growth 3Y-14.58%
PM growth 5Y-17.08%
GM growth 3Y-4.05%
GM growth 5Y-12.49%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BFSA is still creating some value.
BFSA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
Based on the Altman-Z score of 1.49, we must say that BFSA is in the distress zone and has some risk of bankruptcy.
BFSA has a Altman-Z score (1.49) which is in line with its industry peers.
The Debt to FCF ratio of BFSA is 7.77, which is on the high side as it means it would take BFSA, 7.77 years of fcf income to pay off all of its debts.
BFSA has a Debt to FCF ratio of 7.77. This is comparable to the rest of the industry: BFSA outperforms 55.81% of its industry peers.
BFSA has a Debt/Equity ratio of 0.91. This is a neutral value indicating BFSA is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.91, BFSA perfoms like the industry average, outperforming 48.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 7.77 | ||
| Altman-Z | 1.49 |
ROIC/WACC0.99
WACC6.11%
2.3 Liquidity
A Current Ratio of 1.00 indicates that BFSA should not have too much problems paying its short term obligations.
With a Current ratio value of 1.00, BFSA is not doing good in the industry: 60.47% of the companies in the same industry are doing better.
BFSA has a Quick Ratio of 1.00. 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 worse Quick ratio (0.69) than 74.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The earnings per share for BFSA have decreased strongly by -12.41% in the last year.
The earnings per share for BFSA have been decreasing by -12.17% on average. This is quite bad
EPS 1Y (TTM)-12.41%
EPS 3Y-22.13%
EPS 5Y-12.17%
EPS Q2Q%-14.47%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%17.29%
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 22.22% 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 5Y22.22%
Revenue Next Year6.63%
Revenue Next 2Y7.24%
Revenue Next 3Y5.72%
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 20.68, which indicates a rather expensive current valuation of BFSA.
BFSA's Price/Earnings is on the same level as the industry average.
BFSA is valuated rather cheaply when we compare the Price/Earnings ratio to 27.85, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 12.18 indicates a correct valuation of BFSA.
Based on the Price/Forward 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/Forward Earnings ratio is at 20.77. BFSA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.68 | ||
| Fwd PE | 12.18 |
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 is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.6 | ||
| EV/EBITDA | 8.14 |
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)0.3
PEG (5Y)N/A
EPS Next 2Y41.39%
EPS Next 3Y26.91%
5. Dividend
5.1 Amount
BFSA has a Yearly Dividend Yield of 2.64%.
Compared to an average industry Dividend Yield of 4.07, BFSA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, BFSA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.64% |
5.2 History
The dividend of BFSA is nicely growing with an annual growth rate of 7.70%!
Dividend Growth(5Y)7.7%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
BFSA pays out 52.71% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of BFSA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP52.71%
EPS Next 2Y41.39%
EPS Next 3Y26.91%
FRA:BFSA (5/2/2025, 10:11:27 AM)
26.26
-0.44 (-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 Cap1.05B
Analysts82.22
Price Target34 (29.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.64% |
Yearly Dividend1.25
Dividend Growth(5Y)7.7%
DP52.71%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-43.92%
Min EPS beat(2)-71.79%
Max EPS beat(2)-16.06%
EPS beat(4)1
Avg EPS beat(4)-15.82%
Min EPS beat(4)-71.79%
Max EPS beat(4)65.76%
EPS beat(8)1
Avg EPS beat(8)-28.42%
EPS beat(12)5
Avg EPS beat(12)1.82%
EPS beat(16)7
Avg EPS beat(16)2.59%
Revenue beat(2)0
Avg Revenue beat(2)-5.39%
Min Revenue beat(2)-7.5%
Max Revenue beat(2)-3.27%
Revenue beat(4)0
Avg Revenue beat(4)-5.44%
Min Revenue beat(4)-7.5%
Max Revenue beat(4)-3.27%
Revenue beat(8)1
Avg Revenue beat(8)-7.34%
Revenue beat(12)3
Avg Revenue beat(12)-3.75%
Revenue beat(16)5
Avg Revenue beat(16)-3.43%
PT rev (1m)1.2%
PT rev (3m)1.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.79%
EPS NY rev (1m)0%
EPS NY rev (3m)-16.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.36%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.68 | ||
| Fwd PE | 12.18 | ||
| P/S | 0.88 | ||
| P/FCF | 11.6 | ||
| P/OCF | 6.11 | ||
| P/B | 1.38 | ||
| P/tB | 34.74 | ||
| EV/EBITDA | 8.14 |
EPS(TTM)1.27
EY4.84%
EPS(NY)2.16
Fwd EY8.21%
FCF(TTM)2.26
FCFY8.62%
OCF(TTM)4.3
OCFY16.37%
SpS29.78
BVpS19.08
TBVpS0.76
PEG (NY)0.3
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.88% | ||
| ROE | 7.26% | ||
| ROCE | 7.3% | ||
| ROIC | 6.07% | ||
| ROICexc | 6.42% | ||
| ROICexgc | 12.41% | ||
| OM | 9.83% | ||
| PM (TTM) | 4.65% | ||
| GM | 52.65% | ||
| FCFM | 7.6% |
ROA(3y)4.64%
ROA(5y)5.13%
ROE(3y)12.08%
ROE(5y)15.03%
ROIC(3y)6.94%
ROIC(5y)7.81%
ROICexc(3y)7.79%
ROICexc(5y)9.01%
ROICexgc(3y)15.5%
ROICexgc(5y)18.34%
ROCE(3y)8.34%
ROCE(5y)9.39%
ROICexcg growth 3Y-18.45%
ROICexcg growth 5Y-21.23%
ROICexc growth 3Y-14.69%
ROICexc growth 5Y-18.61%
OM growth 3Y-14.07%
OM growth 5Y-14.93%
PM growth 3Y-14.58%
PM growth 5Y-17.08%
GM growth 3Y-4.05%
GM growth 5Y-12.49%
F-Score6
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 7.77 | ||
| Debt/EBITDA | 3.35 | ||
| Cap/Depr | 90.54% | ||
| Cap/Sales | 6.83% | ||
| Interest Coverage | 3.04 | ||
| Cash Conversion | 83.08% | ||
| Profit Quality | 163.49% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 1.49 |
F-Score6
WACC6.11%
ROIC/WACC0.99
Cap/Depr(3y)140.18%
Cap/Depr(5y)153.99%
Cap/Sales(3y)8.98%
Cap/Sales(5y)9.43%
Profit Quality(3y)33.72%
Profit Quality(5y)43.84%
High Growth Momentum
Growth
EPS 1Y (TTM)-12.41%
EPS 3Y-22.13%
EPS 5Y-12.17%
EPS Q2Q%-14.47%
EPS Next Y69.71%
EPS Next 2Y41.39%
EPS Next 3Y26.91%
EPS Next 5Y22.22%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%17.29%
Revenue Next Year6.63%
Revenue Next 2Y7.24%
Revenue Next 3Y5.72%
Revenue Next 5Y4.09%
EBIT growth 1Y13.76%
EBIT growth 3Y7.42%
EBIT growth 5Y-6.08%
EBIT Next Year106.17%
EBIT Next 3Y37.49%
EBIT Next 5Y22.12%
FCF growth 1Y217.14%
FCF growth 3Y-26.42%
FCF growth 5Y-24.71%
OCF growth 1Y40.59%
OCF growth 3Y8.23%
OCF growth 5Y2.47%