Royal Boskalis Westminster NV (BOKA.AS)

NL0000852580 - Common Stock

32.82  -0.02 (-0.06%)

Fundamental Rating

2

Taking everything into account, BOKA scores 2 out of 10 in our fundamental rating. BOKA was compared to 34 industry peers in the Construction & Engineering industry. Both the profitability and financial health of BOKA have multiple concerns. While showing a medium growth rate, BOKA is valued expensive at the moment.



1

1. Profitability

1.1 Basic Checks

BOKA had positive earnings in the past year.
In the past year BOKA had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: BOKA reported negative net income in multiple years.
BOKA had a positive operating cash flow in 4 of the past 5 years.

1.2 Ratios

Industry RankSector Rank
ROA 3.83%
ROE 7.82%
ROIC 6.08%
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

BOKA's Operating Margin has declined in the last couple of years.
Industry RankSector Rank
OM 7.14%
PM (TTM) 6%
GM N/A
OM growth 3Y27.03%
OM growth 5Y-13.56%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A

1

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BOKA is still creating some value.
The number of shares outstanding for BOKA has been reduced compared to 1 year ago.
BOKA has about the same debt/assets ratio as last year.

2.2 Solvency

A Debt/Equity ratio of 0.20 indicates that BOKA is not too dependend on debt financing.
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF N/A
Altman-Z N/A
ROIC/WACC1.08
WACC5.63%

2.3 Liquidity

A Current Ratio of 0.91 indicates that BOKA may have some problems paying its short term obligations.
BOKA has a Quick Ratio of 0.91. This is a bad value and indicates that BOKA is not financially healthy enough and could expect problems in meeting its short term obligations.
Industry RankSector Rank
Current Ratio 0.91
Quick Ratio 0.27

5

3. Growth

3.1 Past

BOKA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 171.23%, which is quite impressive.
The Revenue has grown by 25.75% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 2.63% on average over the past years.
EPS 1Y (TTM)171.23%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q61.75%
Revenue 1Y (TTM)25.75%
Revenue growth 3Y4.79%
Revenue growth 5Y2.63%
Revenue growth Q2Q22.09%

3.2 Future

BOKA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.44% yearly.
BOKA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.91% yearly.
EPS Next Y33.27%
EPS Next 2Y24.07%
EPS Next 3Y18.61%
EPS Next 5Y15.44%
Revenue Next Year16.21%
Revenue Next 2Y11.42%
Revenue Next 3Y9.26%
Revenue Next 5Y5.91%

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

2

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 21.74 indicates a rather expensive valuation of BOKA.
The average S&P500 Price/Earnings ratio is at 26.42. BOKA is around the same levels.
The Price/Forward Earnings ratio is 19.54, which indicates a rather expensive current valuation of BOKA.
BOKA is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.74, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 21.74
Fwd PE 19.54

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA 8.22

4.3 Compensation for Growth

BOKA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BOKA's earnings are expected to grow with 18.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.65
PEG (5Y)N/A
EPS Next 2Y24.07%
EPS Next 3Y18.61%

2

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 1.52%, BOKA has a reasonable but not impressive dividend return.
Compared to the average S&P500 Dividend Yield of 2.34, BOKA is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.52%

5.2 History

Dividend Growth(5Y)N/A
Div Incr YearsN/A
Div Non Decr YearsN/A

5.3 Sustainability

33.18% of the earnings are spent on dividend by BOKA. This is a low number and sustainable payout ratio.
DP33.18%
EPS Next 2Y24.07%
EPS Next 3Y18.61%

Royal Boskalis Westminster NV

AMS:BOKA (11/8/2022, 7:00:00 PM)

32.82

-0.02 (-0.06%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.24B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 1.52%
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 RankSector Rank
PE 21.74
Fwd PE 19.54
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)0.65
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 3.83%
ROE 7.82%
ROCE
ROIC
ROICexc
ROICexgc
OM 7.14%
PM (TTM) 6%
GM N/A
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 Turnover0.64
Health
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 0.91
Quick Ratio 0.27
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)171.23%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y33.27%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)25.75%
Revenue growth 3Y4.79%
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