BRENNTAG SE (BNR.DE) Stock Fundamental Analysis
FRA:BNR - Deutsche Boerse Ag - DE000A1DAHH0 - Common Stock - Currency: EUR
Taking everything into account, BNR scores 5 out of 10 in our fundamental rating. BNR was compared to 15 industry peers in the Trading Companies & Distributors industry. BNR has an average financial health and profitability rating. BNR has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BNR was profitable.
BNR had a positive operating cash flow in the past year.
BNR had positive earnings in 4 of the past 5 years.
BNR had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
BNR has a Return On Assets (4.87%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of 12.45%, BNR is in line with its industry, outperforming 60.00% of the companies in the same industry.
BNR's Return On Invested Capital of 8.70% is fine compared to the rest of the industry. BNR outperforms 73.33% of its industry peers.
BNR had an Average Return On Invested Capital over the past 3 years of 10.41%. This is in line with the industry average of 8.56%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.87% | ||
| ROE | 12.45% | ||
| ROIC | 8.7% |
ROA(3y)6.37%
ROA(5y)6.06%
ROE(3y)15.57%
ROE(5y)14.63%
ROIC(3y)10.41%
ROIC(5y)9.54%
1.3 Margins
The Profit Margin of BNR (3.36%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of BNR has grown nicely.
BNR has a Operating Margin of 5.71%. This is in the better half of the industry: BNR outperforms 73.33% of its industry peers.
BNR's Operating Margin has improved in the last couple of years.
The Gross Margin of BNR (24.66%) is better than 80.00% of its industry peers.
In the last couple of years the Gross Margin of BNR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.71% | ||
| PM (TTM) | 3.36% | ||
| GM | 24.66% |
OM growth 3Y3%
OM growth 5Y2.91%
PM growth 3Y2.44%
PM growth 5Y2.97%
GM growth 3Y-0.58%
GM growth 5Y2.97%
2. Health
2.1 Basic Checks
BNR has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
There is no outstanding debt for BNR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
BNR has an Altman-Z score of 3.14. This indicates that BNR is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of BNR (3.14) is comparable to the rest of the industry.
BNR has a debt to FCF ratio of 5.11. This is a neutral value as BNR would need 5.11 years to pay back of all of its debts.
BNR's Debt to FCF ratio of 5.11 is fine compared to the rest of the industry. BNR outperforms 80.00% of its industry peers.
BNR has a Debt/Equity ratio of 0.58. This is a neutral value indicating BNR is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.58, BNR is in line with its industry, outperforming 53.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 5.11 | ||
| Altman-Z | 3.14 |
ROIC/WACC1.55
WACC5.6%
2.3 Liquidity
BNR has a Current Ratio of 1.47. This is a normal value and indicates that BNR is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of BNR (1.47) is worse than 73.33% of its industry peers.
A Quick Ratio of 1.04 indicates that BNR should not have too much problems paying its short term obligations.
BNR has a Quick ratio of 1.04. This is in the lower half of the industry: BNR underperforms 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
The earnings per share for BNR have decreased strongly by -21.73% in the last year.
Measured over the past 5 years, BNR shows a small growth in Earnings Per Share. The EPS has been growing by 4.13% on average per year.
EPS 1Y (TTM)-21.73%
EPS 3Y5.61%
EPS 5Y4.13%
EPS Q2Q%-4.3%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.18%
3.2 Future
The Earnings Per Share is expected to grow by 10.52% on average over the next years. This is quite good.
Based on estimates for the next years, BNR will show a small growth in Revenue. The Revenue will grow by 1.68% on average per year.
EPS Next Y32.1%
EPS Next 2Y21.4%
EPS Next 3Y18.47%
EPS Next 5Y10.52%
Revenue Next Year5.09%
Revenue Next 2Y4.65%
Revenue Next 3Y2.39%
Revenue Next 5Y1.68%
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
A Price/Earnings ratio of 17.14 indicates a rather expensive valuation of BNR.
The rest of the industry has a similar Price/Earnings ratio as BNR.
Compared to an average S&P500 Price/Earnings ratio of 28.63, BNR is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 12.97, the valuation of BNR can be described as correct.
BNR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BNR is cheaper than 66.67% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.72. BNR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.14 | ||
| Fwd PE | 12.97 |
4.2 Price Multiples
BNR's Enterprise Value to EBITDA is on the same level as the industry average.
BNR's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.78 | ||
| EV/EBITDA | 8.71 |
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.
BNR has a very decent profitability rating, which may justify a higher PE ratio.
BNR's earnings are expected to grow with 18.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.53
PEG (5Y)4.15
EPS Next 2Y21.4%
EPS Next 3Y18.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.30%, BNR has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.66, BNR pays a bit more dividend than its industry peers.
BNR's Dividend Yield is a higher than the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.3% |
5.2 History
On average, the dividend of BNR grows each year by 12.90%, which is quite nice.
Dividend Growth(5Y)12.9%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
55.68% of the earnings are spent on dividend by BNR. This is a bit on the high side, but may be sustainable.
BNR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP55.68%
EPS Next 2Y21.4%
EPS Next 3Y18.47%
FRA:BNR (3/21/2025, 7:00:00 PM)
63.58
-0.16 (-0.25%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners57.94%
Inst Owner ChangeN/A
Ins Owners15%
Ins Owner ChangeN/A
Market Cap9.18B
Analysts70.77
Price Target75.54 (18.81%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.3% |
Yearly Dividend2.02
Dividend Growth(5Y)12.9%
DP55.68%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-18.88%
Min EPS beat(2)-27.4%
Max EPS beat(2)-10.37%
EPS beat(4)0
Avg EPS beat(4)-17.09%
Min EPS beat(4)-27.4%
Max EPS beat(4)-10.37%
EPS beat(8)0
Avg EPS beat(8)-16.27%
EPS beat(12)2
Avg EPS beat(12)-13.66%
EPS beat(16)3
Avg EPS beat(16)-14.21%
Revenue beat(2)0
Avg Revenue beat(2)-1.42%
Min Revenue beat(2)-1.46%
Max Revenue beat(2)-1.39%
Revenue beat(4)0
Avg Revenue beat(4)-4.06%
Min Revenue beat(4)-7.02%
Max Revenue beat(4)-1.39%
Revenue beat(8)1
Avg Revenue beat(8)-4.36%
Revenue beat(12)5
Avg Revenue beat(12)-0.72%
Revenue beat(16)8
Avg Revenue beat(16)0.06%
PT rev (1m)0%
PT rev (3m)-1.89%
EPS NQ rev (1m)-5.39%
EPS NQ rev (3m)-14.19%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.03%
Revenue NQ rev (1m)0.67%
Revenue NQ rev (3m)0.33%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-1.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.14 | ||
| Fwd PE | 12.97 | ||
| P/S | 0.57 | ||
| P/FCF | 13.78 | ||
| P/OCF | 8.76 | ||
| P/B | 2.1 | ||
| P/tB | 14.26 | ||
| EV/EBITDA | 8.71 |
EPS(TTM)3.71
EY5.84%
EPS(NY)4.9
Fwd EY7.71%
FCF(TTM)4.62
FCFY7.26%
OCF(TTM)7.26
OCFY11.42%
SpS112.13
BVpS30.28
TBVpS4.46
PEG (NY)0.53
PEG (5Y)4.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.87% | ||
| ROE | 12.45% | ||
| ROCE | 12% | ||
| ROIC | 8.7% | ||
| ROICexc | 9.63% | ||
| ROICexgc | 20.76% | ||
| OM | 5.71% | ||
| PM (TTM) | 3.36% | ||
| GM | 24.66% | ||
| FCFM | 4.12% |
ROA(3y)6.37%
ROA(5y)6.06%
ROE(3y)15.57%
ROE(5y)14.63%
ROIC(3y)10.41%
ROIC(5y)9.54%
ROICexc(3y)11.64%
ROICexc(5y)10.65%
ROICexgc(3y)24.42%
ROICexgc(5y)22.55%
ROCE(3y)14.35%
ROCE(5y)13.16%
ROICexcg growth 3Y5.47%
ROICexcg growth 5Y3.24%
ROICexc growth 3Y7.15%
ROICexc growth 5Y4.01%
OM growth 3Y3%
OM growth 5Y2.91%
PM growth 3Y2.44%
PM growth 5Y2.97%
GM growth 3Y-0.58%
GM growth 5Y2.97%
F-Score5
Asset Turnover1.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | 5.11 | ||
| Debt/EBITDA | 1.86 | ||
| Cap/Depr | 88.2% | ||
| Cap/Sales | 2.36% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.22% | ||
| Profit Quality | 122.39% | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 3.14 |
F-Score5
WACC5.6%
ROIC/WACC1.55
Cap/Depr(3y)67.29%
Cap/Depr(5y)67.67%
Cap/Sales(3y)1.56%
Cap/Sales(5y)1.59%
Profit Quality(3y)102.62%
Profit Quality(5y)134.23%
High Growth Momentum
Growth
EPS 1Y (TTM)-21.73%
EPS 3Y5.61%
EPS 5Y4.13%
EPS Q2Q%-4.3%
EPS Next Y32.1%
EPS Next 2Y21.4%
EPS Next 3Y18.47%
EPS Next 5Y10.52%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.18%
Revenue Next Year5.09%
Revenue Next 2Y4.65%
Revenue Next 3Y2.39%
Revenue Next 5Y1.68%
EBIT growth 1Y-14.79%
EBIT growth 3Y15.92%
EBIT growth 5Y9.11%
EBIT Next Year21.34%
EBIT Next 3Y11.56%
EBIT Next 5Y6.73%
FCF growth 1Y58.44%
FCF growth 3Y9.64%
FCF growth 5Y46.75%
OCF growth 1Y59.14%
OCF growth 3Y10.96%
OCF growth 5Y34.67%