BENEFITFOCUS INC (BNFT)
US08180D1063 - Common Stock
Taking everything into account, BNFT scores 2 out of 10 in our fundamental rating. BNFT was compared to 276 industry peers in the Software industry. BNFT may be in some trouble as it scores bad on both profitability and health. BNFT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BNFT was profitable.
In the past year BNFT had a positive cash flow from operations.
In the past 5 years BNFT always reported negative net income.
In multiple years BNFT reported negative operating cash flow during the last 5 years.
1.2 Ratios
The profitability ratios for BNFT are negative, so there is not much use analyzing them.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Gross Margin value of 50.35%, BNFT is not doing good in the industry: 69.10% of the companies in the same industry are doing better.
BNFT's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for BNFT so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 50.35% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.18%
GM growth 5Y2.2%
2. Health
2.1 Basic Checks
BNFT does not have a ROIC to compare to the WACC, probably because it is not profitable.
BNFT has more shares outstanding than it did 1 year ago.
The debt/assets ratio for BNFT has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.99, we must say that BNFT is in the distress zone and has some risk of bankruptcy.
BNFT has a worse Altman-Z score (-0.99) than 80.07% of its industry peers.
BNFT has a debt to FCF ratio of 65.75. This is a negative value and a sign of low solvency as BNFT would need 65.75 years to pay back of all of its debts.
With a Debt to FCF ratio value of 65.75, BNFT perfoms like the industry average, outperforming 59.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 65.75 | ||
| Altman-Z | -0.99 |
ROIC/WACCN/A
WACC10.98%
2.3 Liquidity
BNFT has a Current Ratio of 1.42. This is a normal value and indicates that BNFT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.42, BNFT is doing worse than 60.13% of the companies in the same industry.
A Quick Ratio of 1.42 indicates that BNFT should not have too much problems paying its short term obligations.
BNFT's Quick ratio of 1.42 is in line compared to the rest of the industry. BNFT outperforms 40.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 116.67% over the past year.
The Revenue has decreased by -5.72% in the past year.
Measured over the past years, BNFT shows a small growth in Revenue. The Revenue has been growing by 2.15% on average per year.
EPS 1Y (TTM)116.67%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q36.84%
Revenue 1Y (TTM)-5.72%
Revenue growth 3Y0.56%
Revenue growth 5Y2.15%
Revenue growth Q2Q-9.41%
3.2 Future
Based on estimates for the next years, BNFT will show a very strong growth in Earnings Per Share. The EPS will grow by 117.19% on average per year.
Based on estimates for the next years, BNFT will show a small growth in Revenue. The Revenue will grow by 0.93% on average per year.
EPS Next Y180.75%
EPS Next 2Y105.18%
EPS Next 3Y117.19%
EPS Next 5YN/A
Revenue Next Year-2.12%
Revenue Next 2Y-0.22%
Revenue Next 3Y0.93%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 350.00 indicates a quite expensive valuation of BNFT.
Compared to the rest of the industry, the Price/Earnings ratio of BNFT is on the same level as its industry peers.
When comparing the Price/Earnings ratio of BNFT to the average of the S&P500 Index (24.84), we can say BNFT is valued expensively.
A Price/Forward Earnings ratio of 39.59 indicates a quite expensive valuation of BNFT.
71.43% of the companies in the same industry are more expensive than BNFT, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.35. BNFT is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 350 | ||
| Fwd PE | 39.59 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BNFT is valued cheaply inside the industry as 81.40% of the companies are valued more expensively.
BNFT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BNFT is cheaper than 63.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 202.47 | ||
| EV/EBITDA | 23.2 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BNFT does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as BNFT's earnings are expected to grow with 117.19% in the coming years.
PEG (NY)1.94
PEG (5Y)N/A
EPS Next 2Y105.18%
EPS Next 3Y117.19%
5. Dividend
5.1 Amount
No dividends for BNFT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BENEFITFOCUS INC
NASDAQ:BNFT (1/23/2023, 7:12:24 PM)
After market: 10.5 0 (0%)10.5
+0.01 (+0.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap361.42M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 350 | ||
| Fwd PE | 39.59 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.94
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 50.35% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.42 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)116.67%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y180.75%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-5.72%
Revenue growth 3Y0.56%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y