BECTON DICKINSON AND CO (BOX.DE) Stock Fundamental Analysis
FRA:BOX - Deutsche Boerse Ag - US0758871091 - Common Stock - Currency: EUR
Taking everything into account, BOX scores 4 out of 10 in our fundamental rating. BOX was compared to 59 industry peers in the Health Care Equipment & Supplies industry. BOX has a medium profitability rating, but doesn't score so well on its financial health evaluation. BOX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BOX was profitable.
BOX had a positive operating cash flow in the past year.
BOX had positive earnings in each of the past 5 years.
Each year in the past 5 years BOX had a positive operating cash flow.
1.2 Ratios
BOX's Return On Assets of 2.79% is in line compared to the rest of the industry. BOX outperforms 49.15% of its industry peers.
Looking at the Return On Equity, with a value of 6.02%, BOX is in line with its industry, outperforming 57.63% of the companies in the same industry.
With a Return On Invested Capital value of 4.10%, BOX perfoms like the industry average, outperforming 47.46% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BOX is below the industry average of 8.57%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.79% | ||
| ROE | 6.02% | ||
| ROIC | 4.1% |
ROA(3y)2.96%
ROA(5y)2.8%
ROE(3y)6.26%
ROE(5y)6.09%
ROIC(3y)4.19%
ROIC(5y)3.65%
1.3 Margins
The Profit Margin of BOX (7.28%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of BOX has grown nicely.
The Operating Margin of BOX (13.06%) is better than 66.10% of its industry peers.
BOX's Operating Margin has improved in the last couple of years.
BOX has a Gross Margin of 44.64%. This is in the lower half of the industry: BOX underperforms 64.41% of its industry peers.
BOX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.06% | ||
| PM (TTM) | 7.28% | ||
| GM | 44.64% |
OM growth 3Y5.79%
OM growth 5Y2.6%
PM growth 3Y-6.88%
PM growth 5Y6.19%
GM growth 3Y0%
GM growth 5Y-1.08%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BOX is destroying value.
The number of shares outstanding for BOX has been reduced compared to 1 year ago.
Compared to 5 years ago, BOX has more shares outstanding
BOX has a worse debt/assets ratio than last year.
2.2 Solvency
BOX has an Altman-Z score of 2.01. This is not the best score and indicates that BOX is in the grey zone with still only limited risk for bankruptcy at the moment.
BOX has a Altman-Z score of 2.01. This is comparable to the rest of the industry: BOX outperforms 50.85% of its industry peers.
BOX has a debt to FCF ratio of 7.44. This is a slightly negative value and a sign of low solvency as BOX would need 7.44 years to pay back of all of its debts.
With a Debt to FCF ratio value of 7.44, BOX perfoms like the industry average, outperforming 54.24% of the companies in the same industry.
BOX has a Debt/Equity ratio of 0.70. This is a neutral value indicating BOX is somewhat dependend on debt financing.
BOX has a Debt to Equity ratio of 0.70. This is in the lower half of the industry: BOX underperforms 74.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 7.44 | ||
| Altman-Z | 2.01 |
ROIC/WACC0.55
WACC7.48%
2.3 Liquidity
A Current Ratio of 1.13 indicates that BOX should not have too much problems paying its short term obligations.
BOX has a Current ratio of 1.13. This is in the lower half of the industry: BOX underperforms 71.19% of its industry peers.
BOX has a Quick Ratio of 1.13. This is a bad value and indicates that BOX is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of BOX (0.64) is worse than 81.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
BOX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.21%, which is quite good.
BOX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.41% yearly.
BOX shows a small growth in Revenue. In the last year, the Revenue has grown by 5.84%.
BOX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.14% yearly.
EPS 1Y (TTM)15.21%
EPS 3Y0.23%
EPS 5Y2.41%
EPS Q2Q%5.68%
Revenue 1Y (TTM)5.84%
Revenue growth 3Y1.79%
Revenue growth 5Y3.14%
Sales Q2Q%4.5%
3.2 Future
BOX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.08% yearly.
The Revenue is expected to grow by 5.57% on average over the next years.
EPS Next Y8.86%
EPS Next 2Y6.35%
EPS Next 3Y7.31%
EPS Next 5Y6.08%
Revenue Next Year8.3%
Revenue Next 2Y6.57%
Revenue Next 3Y5.95%
Revenue Next 5Y5.57%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.09 indicates a correct valuation of BOX.
Compared to the rest of the industry, the Price/Earnings ratio of BOX indicates a rather cheap valuation: BOX is cheaper than 94.92% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.57, BOX is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 11.44, the valuation of BOX can be described as reasonable.
Based on the Price/Forward Earnings ratio, BOX is valued cheaply inside the industry as 84.75% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of BOX to the average of the S&P500 Index (22.41), we can say BOX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.09 | ||
| Fwd PE | 11.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BOX is valued a bit cheaper than 77.97% of the companies in the same industry.
BOX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BOX is cheaper than 86.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.84 | ||
| EV/EBITDA | 13.47 |
4.3 Compensation for Growth
BOX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.36
PEG (5Y)5.01
EPS Next 2Y6.35%
EPS Next 3Y7.31%
5. Dividend
5.1 Amount
BOX has a yearly dividend return of 0.61%, which is pretty low.
In the last 3 months the price of BOX has falen by -30.25%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 2.07, BOX pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, BOX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
5.2 History
The dividend of BOX has a limited annual growth rate of 0.75%.
Dividend Growth(5Y)0.75%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
75.71% of the earnings are spent on dividend by BOX. This is not a sustainable payout ratio.
BOX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP75.71%
EPS Next 2Y6.35%
EPS Next 3Y7.31%
FRA:BOX (6/16/2025, 7:00:00 PM)
147.95
-3.7 (-2.44%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners92.78%
Inst Owner ChangeN/A
Ins Owners0.57%
Ins Owner ChangeN/A
Market Cap42.40B
Analysts74.29
Price Target196.27 (32.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
Yearly Dividend3.3
Dividend Growth(5Y)0.75%
DP75.71%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.57%
Min EPS beat(2)1.1%
Max EPS beat(2)14.05%
EPS beat(4)4
Avg EPS beat(4)5%
Min EPS beat(4)0.11%
Max EPS beat(4)14.05%
EPS beat(8)7
Avg EPS beat(8)4.46%
EPS beat(12)10
Avg EPS beat(12)4.47%
EPS beat(16)14
Avg EPS beat(16)6.3%
Revenue beat(2)1
Avg Revenue beat(2)-1.07%
Min Revenue beat(2)-2.51%
Max Revenue beat(2)0.37%
Revenue beat(4)2
Avg Revenue beat(4)-0.86%
Min Revenue beat(4)-2.51%
Max Revenue beat(4)0.37%
Revenue beat(8)3
Avg Revenue beat(8)-0.7%
Revenue beat(12)6
Avg Revenue beat(12)-0.06%
Revenue beat(16)7
Avg Revenue beat(16)-0.41%
PT rev (1m)-2.07%
PT rev (3m)-25.95%
EPS NQ rev (1m)-0.3%
EPS NQ rev (3m)-4.08%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.67%
Revenue NQ rev (1m)-0.11%
Revenue NQ rev (3m)0.04%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.09 | ||
| Fwd PE | 11.44 | ||
| P/S | 2.34 | ||
| P/FCF | 18.84 | ||
| P/OCF | 14.79 | ||
| P/B | 1.93 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.47 |
EPS(TTM)12.24
EY8.27%
EPS(NY)12.93
Fwd EY8.74%
FCF(TTM)7.85
FCFY5.31%
OCF(TTM)10
OCFY6.76%
SpS63.24
BVpS76.5
TBVpS-34.36
PEG (NY)1.36
PEG (5Y)5.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.79% | ||
| ROE | 6.02% | ||
| ROCE | 5.83% | ||
| ROIC | 4.1% | ||
| ROICexc | 4.16% | ||
| ROICexgc | 20.17% | ||
| OM | 13.06% | ||
| PM (TTM) | 7.28% | ||
| GM | 44.64% | ||
| FCFM | 12.42% |
ROA(3y)2.96%
ROA(5y)2.8%
ROE(3y)6.26%
ROE(5y)6.09%
ROIC(3y)4.19%
ROIC(5y)3.65%
ROICexc(3y)4.33%
ROICexc(5y)3.8%
ROICexgc(3y)22.89%
ROICexgc(5y)20.24%
ROCE(3y)5.98%
ROCE(5y)5.22%
ROICexcg growth 3Y6%
ROICexcg growth 5Y0.79%
ROICexc growth 3Y6.82%
ROICexc growth 5Y5.36%
OM growth 3Y5.79%
OM growth 5Y2.6%
PM growth 3Y-6.88%
PM growth 5Y6.19%
GM growth 3Y0%
GM growth 5Y-1.08%
F-Score7
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 7.44 | ||
| Debt/EBITDA | 3.47 | ||
| Cap/Depr | 29.93% | ||
| Cap/Sales | 3.4% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 64.77% | ||
| Profit Quality | 170.57% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 2.01 |
F-Score7
WACC7.48%
ROIC/WACC0.55
Cap/Depr(3y)37.86%
Cap/Depr(5y)40.69%
Cap/Sales(3y)4.42%
Cap/Sales(5y)4.86%
Profit Quality(3y)142.37%
Profit Quality(5y)192.14%
High Growth Momentum
Growth
EPS 1Y (TTM)15.21%
EPS 3Y0.23%
EPS 5Y2.41%
EPS Q2Q%5.68%
EPS Next Y8.86%
EPS Next 2Y6.35%
EPS Next 3Y7.31%
EPS Next 5Y6.08%
Revenue 1Y (TTM)5.84%
Revenue growth 3Y1.79%
Revenue growth 5Y3.14%
Sales Q2Q%4.5%
Revenue Next Year8.3%
Revenue Next 2Y6.57%
Revenue Next 3Y5.95%
Revenue Next 5Y5.57%
EBIT growth 1Y-4.35%
EBIT growth 3Y7.69%
EBIT growth 5Y5.82%
EBIT Next Year33.02%
EBIT Next 3Y13.37%
EBIT Next 5Y13.84%
FCF growth 1Y126.68%
FCF growth 3Y-3.8%
FCF growth 5Y5.31%
OCF growth 1Y57.14%
OCF growth 3Y-6.5%
OCF growth 5Y2.66%