BRENNTAG SE (BNR.DE) Stock Fundamental Analysis
FRA:BNR - Deutsche Boerse Ag - DE000A1DAHH0 - Common Stock - Currency: EUR
Taking everything into account, BNR scores 6 out of 10 in our fundamental rating. BNR was compared to 16 industry peers in the Trading Companies & Distributors industry. BNR scores excellent on profitability, but there are some minor concerns on its financial health. BNR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
BNR had positive earnings in the past year.
In the past year BNR had a positive cash flow from operations.
Each year in the past 5 years BNR has been profitable.
BNR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BNR has a Return On Assets of 4.55%. This is in the better half of the industry: BNR outperforms 68.75% of its industry peers.
BNR has a better Return On Equity (11.20%) than 75.00% of its industry peers.
BNR's Return On Invested Capital of 8.14% is amongst the best of the industry. BNR outperforms 81.25% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BNR is in line with the industry average of 8.95%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.55% | ||
| ROE | 11.2% | ||
| ROIC | 8.14% |
ROA(3y)6.44%
ROA(5y)5.89%
ROE(3y)15.54%
ROE(5y)14.24%
ROIC(3y)10.38%
ROIC(5y)9.54%
1.3 Margins
The Profit Margin of BNR (3.25%) is better than 75.00% of its industry peers.
In the last couple of years the Profit Margin of BNR has declined.
BNR has a Operating Margin of 5.59%. This is in the better half of the industry: BNR outperforms 75.00% of its industry peers.
BNR's Operating Margin has been stable in the last couple of years.
BNR has a Gross Margin of 24.91%. This is amongst the best in the industry. BNR outperforms 81.25% of its industry peers.
BNR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.59% | ||
| PM (TTM) | 3.25% | ||
| GM | 24.91% |
OM growth 3Y2.37%
OM growth 5Y-0.17%
PM growth 3Y1.94%
PM growth 5Y-1.93%
GM growth 3Y1.82%
GM growth 5Y3%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BNR is creating value.
The number of shares outstanding for BNR has been reduced compared to 1 year ago.
Compared to 5 years ago, BNR has less shares outstanding
Compared to 1 year ago, BNR has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.00 indicates that BNR is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.00, BNR is in line with its industry, outperforming 56.25% of the companies in the same industry.
The Debt to FCF ratio of BNR is 6.12, which is on the high side as it means it would take BNR, 6.12 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 6.12, BNR belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
A Debt/Equity ratio of 0.54 indicates that BNR is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.54, BNR perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 6.12 | ||
| Altman-Z | 3 |
ROIC/WACC1.5
WACC5.44%
2.3 Liquidity
BNR has a Current Ratio of 1.49. This is a normal value and indicates that BNR is financially healthy and should not expect problems in meeting its short term obligations.
BNR has a worse Current ratio (1.49) than 62.50% of its industry peers.
A Quick Ratio of 1.05 indicates that BNR should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.05, BNR is doing worse than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
BNR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -14.85%.
BNR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.13% yearly.
The Revenue has been growing slightly by 0.10% in the past year.
Measured over the past years, BNR shows a small growth in Revenue. The Revenue has been growing by 4.84% on average per year.
EPS 1Y (TTM)-14.85%
EPS 3Y5.61%
EPS 5Y4.13%
EPS Q2Q%-4.12%
Revenue 1Y (TTM)0.1%
Revenue growth 3Y4.13%
Revenue growth 5Y4.84%
Sales Q2Q%1.73%
3.2 Future
Based on estimates for the next years, BNR will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.92% on average per year.
The Revenue is expected to grow by 2.64% on average over the next years.
EPS Next Y27.35%
EPS Next 2Y19.18%
EPS Next 3Y15.63%
EPS Next 5Y13.92%
Revenue Next Year3.42%
Revenue Next 2Y3.73%
Revenue Next 3Y3.74%
Revenue Next 5Y2.64%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 15.47, which indicates a correct valuation of BNR.
Based on the Price/Earnings ratio, BNR is valued a bit cheaper than 68.75% of the companies in the same industry.
BNR is valuated rather cheaply when we compare the Price/Earnings ratio to 25.82, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.78, the valuation of BNR can be described as reasonable.
Based on the Price/Forward Earnings ratio, BNR is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 21.76. BNR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.47 | ||
| Fwd PE | 10.78 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BNR is valued a bit cheaper than the industry average as 68.75% of the companies are valued more expensively.
BNR's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.52 | ||
| EV/EBITDA | 7.94 |
4.3 Compensation for Growth
BNR's 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.
A more expensive valuation may be justified as BNR's earnings are expected to grow with 15.63% in the coming years.
PEG (NY)0.57
PEG (5Y)3.74
EPS Next 2Y19.18%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
BNR has a Yearly Dividend Yield of 3.47%.
BNR's Dividend Yield is a higher than the industry average which is at 2.64.
BNR's Dividend Yield is a higher than the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.47% |
5.2 History
The dividend of BNR is nicely growing with an annual growth rate of 11.61%!
Dividend Growth(5Y)11.61%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
57.29% 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 around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP57.29%
EPS Next 2Y19.18%
EPS Next 3Y15.63%
FRA:BNR (5/23/2025, 7:00:00 PM)
56.78
-2.48 (-4.18%)
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 Cap8.20B
Analysts72.31
Price Target74.93 (31.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.47% |
Yearly Dividend2.08
Dividend Growth(5Y)11.61%
DP57.29%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-11.71%
Min EPS beat(2)-15.52%
Max EPS beat(2)-7.9%
EPS beat(4)0
Avg EPS beat(4)-15.3%
Min EPS beat(4)-27.4%
Max EPS beat(4)-7.9%
EPS beat(8)0
Avg EPS beat(8)-12.96%
EPS beat(12)1
Avg EPS beat(12)-12.68%
EPS beat(16)2
Avg EPS beat(16)-14.16%
Revenue beat(2)1
Avg Revenue beat(2)-0.42%
Min Revenue beat(2)-2.8%
Max Revenue beat(2)1.96%
Revenue beat(4)1
Avg Revenue beat(4)-0.92%
Min Revenue beat(4)-2.8%
Max Revenue beat(4)1.96%
Revenue beat(8)1
Avg Revenue beat(8)-4.04%
Revenue beat(12)4
Avg Revenue beat(12)-1.74%
Revenue beat(16)8
Avg Revenue beat(16)0.23%
PT rev (1m)-2.62%
PT rev (3m)-0.81%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.22%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.59%
Revenue NQ rev (1m)-1.67%
Revenue NQ rev (3m)-2.25%
Revenue NY rev (1m)-0.87%
Revenue NY rev (3m)-1.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.47 | ||
| Fwd PE | 10.78 | ||
| P/S | 0.5 | ||
| P/FCF | 14.52 | ||
| P/OCF | 9.16 | ||
| P/B | 1.74 | ||
| P/tB | 10.44 | ||
| EV/EBITDA | 7.94 |
EPS(TTM)3.67
EY6.46%
EPS(NY)5.27
Fwd EY9.28%
FCF(TTM)3.91
FCFY6.89%
OCF(TTM)6.2
OCFY10.92%
SpS112.94
BVpS32.71
TBVpS5.44
PEG (NY)0.57
PEG (5Y)3.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.55% | ||
| ROE | 11.2% | ||
| ROCE | 11.22% | ||
| ROIC | 8.14% | ||
| ROICexc | 8.98% | ||
| ROICexgc | 19.29% | ||
| OM | 5.59% | ||
| PM (TTM) | 3.25% | ||
| GM | 24.91% | ||
| FCFM | 3.46% |
ROA(3y)6.44%
ROA(5y)5.89%
ROE(3y)15.54%
ROE(5y)14.24%
ROIC(3y)10.38%
ROIC(5y)9.54%
ROICexc(3y)11.57%
ROICexc(5y)10.67%
ROICexgc(3y)23.99%
ROICexgc(5y)22.82%
ROCE(3y)14.3%
ROCE(5y)13.14%
ROICexcg growth 3Y-2.27%
ROICexcg growth 5Y1.33%
ROICexc growth 3Y-0.91%
ROICexc growth 5Y0.16%
OM growth 3Y2.37%
OM growth 5Y-0.17%
PM growth 3Y1.94%
PM growth 5Y-1.93%
GM growth 3Y1.82%
GM growth 5Y3%
F-Score5
Asset Turnover1.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 6.12 | ||
| Debt/EBITDA | 1.87 | ||
| Cap/Depr | 72.07% | ||
| Cap/Sales | 2.03% | ||
| Interest Coverage | 35.05 | ||
| Cash Conversion | 65.35% | ||
| Profit Quality | 106.71% | ||
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 3 |
F-Score5
WACC5.44%
ROIC/WACC1.5
Cap/Depr(3y)75.19%
Cap/Depr(5y)69.17%
Cap/Sales(3y)1.8%
Cap/Sales(5y)1.69%
Profit Quality(3y)123.27%
Profit Quality(5y)126.13%
High Growth Momentum
Growth
EPS 1Y (TTM)-14.85%
EPS 3Y5.61%
EPS 5Y4.13%
EPS Q2Q%-4.12%
EPS Next Y27.35%
EPS Next 2Y19.18%
EPS Next 3Y15.63%
EPS Next 5Y13.92%
Revenue 1Y (TTM)0.1%
Revenue growth 3Y4.13%
Revenue growth 5Y4.84%
Sales Q2Q%1.73%
Revenue Next Year3.42%
Revenue Next 2Y3.73%
Revenue Next 3Y3.74%
Revenue Next 5Y2.64%
EBIT growth 1Y-11.49%
EBIT growth 3Y6.6%
EBIT growth 5Y4.66%
EBIT Next Year39.03%
EBIT Next 3Y16.77%
EBIT Next 5Y12.29%
FCF growth 1Y-46.4%
FCF growth 3Y43.44%
FCF growth 5Y-3.72%
OCF growth 1Y-32.16%
OCF growth 3Y32.35%
OCF growth 5Y0.49%