BONHEUR ASA (BONHR.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:BONHR - NO0003110603 - Common Stock
256 NOK
+1 (+0.39%)
BONHR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 18 industry peers in the Industrial Conglomerates industry. Both the profitability and the financial health of BONHR get a neutral evaluation. Nothing too spectacular is happening here. BONHR has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- BONHR had positive earnings in the past year.
- In the past year BONHR had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: BONHR reported negative net income in multiple years.
- Of the past 5 years BONHR 4 years had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 4.69%, BONHR is doing good in the industry, outperforming 61.11% of the companies in the same industry.
- BONHR has a better Return On Equity (14.29%) than 61.11% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 9.46%, BONHR is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for BONHR is above the industry average of 7.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.69% | ||
| ROE | 14.29% | ||
| ROIC | 9.46% |
ROA(3y)3.58%
ROA(5y)0.79%
ROE(3y)12.39%
ROE(5y)1.6%
ROIC(3y)10.7%
ROIC(5y)N/A
1.3 Margins
- BONHR has a Profit Margin (9.38%) which is in line with its industry peers.
- With a decent Operating Margin value of 18.10%, BONHR is doing good in the industry, outperforming 72.22% of the companies in the same industry.
- In the last couple of years the Operating Margin of BONHR has grown nicely.
- BONHR has a Gross Margin of 101.05%. This is amongst the best in the industry. BONHR outperforms 100.00% of its industry peers.
- In the last couple of years the Gross Margin of BONHR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.1% | ||
| PM (TTM) | 9.38% | ||
| GM | 101.05% |
OM growth 3Y8.8%
OM growth 5Y21.26%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.72%
GM growth 5Y0.76%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BONHR is creating some value.
- Compared to 1 year ago, BONHR has about the same amount of shares outstanding.
- BONHR has about the same amout of shares outstanding than it did 5 years ago.
- Compared to 1 year ago, BONHR has an improved debt to assets ratio.
2.2 Solvency
- BONHR has an Altman-Z score of 1.77. This is a bad value and indicates that BONHR is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 1.77, BONHR is doing worse than 61.11% of the companies in the same industry.
- The Debt to FCF ratio of BONHR is 71.19, which is on the high side as it means it would take BONHR, 71.19 years of fcf income to pay off all of its debts.
- BONHR's Debt to FCF ratio of 71.19 is on the low side compared to the rest of the industry. BONHR is outperformed by 66.67% of its industry peers.
- A Debt/Equity ratio of 0.87 indicates that BONHR is somewhat dependend on debt financing.
- BONHR has a Debt to Equity ratio (0.87) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 71.19 | ||
| Altman-Z | 1.77 |
ROIC/WACC1.23
WACC7.68%
2.3 Liquidity
- A Current Ratio of 1.59 indicates that BONHR should not have too much problems paying its short term obligations.
- BONHR's Current ratio of 1.59 is fine compared to the rest of the industry. BONHR outperforms 66.67% of its industry peers.
- BONHR has a Quick Ratio of 1.54. This is a normal value and indicates that BONHR is financially healthy and should not expect problems in meeting its short term obligations.
- The Quick ratio of BONHR (1.54) is better than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.59 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 90.07% over the past year.
- BONHR shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.13%.
- Measured over the past years, BONHR shows a decrease in Revenue. The Revenue has been decreasing by -9.42% on average per year.
EPS 1Y (TTM)90.07%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%68.75%
Revenue 1Y (TTM)22.13%
Revenue growth 3Y3.58%
Revenue growth 5Y-9.42%
Sales Q2Q%-5.55%
3.2 Future
- Based on estimates for the next years, BONHR will show a very strong growth in Earnings Per Share. The EPS will grow by 63.27% on average per year.
- Based on estimates for the next years, BONHR will show a quite strong growth in Revenue. The Revenue will grow by 13.34% on average per year.
EPS Next YN/A
EPS Next 2Y249.22%
EPS Next 3Y129.06%
EPS Next 5Y63.27%
Revenue Next YearN/A
Revenue Next 2Y32.73%
Revenue Next 3Y26.61%
Revenue Next 5Y13.34%
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.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 7.80, the valuation of BONHR can be described as very cheap.
- BONHR's Price/Earnings ratio is rather cheap when compared to the industry. BONHR is cheaper than 94.44% of the companies in the same industry.
- When comparing the Price/Earnings ratio of BONHR to the average of the S&P500 Index (28.82), we can say BONHR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.8 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BONHR is valued cheaper than 88.89% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of BONHR indicates a slightly more expensive valuation: BONHR is more expensive than 72.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 79.07 | ||
| EV/EBITDA | 3.85 |
4.3 Compensation for Growth
- The decent profitability rating of BONHR may justify a higher PE ratio.
- BONHR's earnings are expected to grow with 129.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y249.22%
EPS Next 3Y129.06%
5. Dividend
5.1 Amount
- BONHR has a Yearly Dividend Yield of 2.67%. Purely for dividend investing, there may be better candidates out there.
- BONHR's Dividend Yield is a higher than the industry average which is at 2.95.
- Compared to an average S&P500 Dividend Yield of 1.82, BONHR pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.67% |
5.2 History
- The dividend of BONHR decreases each year by -15.51%.
Dividend Growth(5Y)-15.51%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- BONHR pays out 40.28% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP40.28%
EPS Next 2Y249.22%
EPS Next 3Y129.06%
BONHEUR ASA / BONHR.OL FAQ
What is the ChartMill fundamental rating of BONHEUR ASA (BONHR.OL) stock?
ChartMill assigns a fundamental rating of 5 / 10 to BONHR.OL.
What is the valuation status for BONHR stock?
ChartMill assigns a valuation rating of 5 / 10 to BONHEUR ASA (BONHR.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for BONHEUR ASA?
BONHEUR ASA (BONHR.OL) has a profitability rating of 6 / 10.
Can you provide the dividend sustainability for BONHR stock?
The dividend rating of BONHEUR ASA (BONHR.OL) is 4 / 10 and the dividend payout ratio is 40.28%.