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BOURSE DIRECT (BSD.PA) Stock Fundamental Analysis

EPA:BSD - FR0000074254 - Common Stock

4.2 EUR
+0.01 (+0.24%)
Last: 9/3/2025, 7:00:00 PM
Fundamental Rating

4

Taking everything into account, BSD scores 4 out of 10 in our fundamental rating. BSD was compared to 112 industry peers in the Capital Markets industry. BSD has an average financial health and profitability rating. BSD has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

In the past year BSD was profitable.
In the past year BSD had a positive cash flow from operations.
BSD had positive earnings in each of the past 5 years.
BSD had a positive operating cash flow in 4 of the past 5 years.
BSD.PA Yearly Net Income VS EBIT VS OCF VS FCFBSD.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5M 10M 15M 20M

1.2 Ratios

BSD has a Return On Assets of 1.43%. This is comparable to the rest of the industry: BSD outperforms 56.25% of its industry peers.
BSD has a Return On Equity of 23.39%. This is amongst the best in the industry. BSD outperforms 87.50% of its industry peers.
Industry RankSector Rank
ROA 1.43%
ROE 23.39%
ROIC N/A
ROA(3y)1.09%
ROA(5y)0.86%
ROE(3y)17.85%
ROE(5y)14.68%
ROIC(3y)N/A
ROIC(5y)N/A
BSD.PA Yearly ROA, ROE, ROICBSD.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

BSD has a better Profit Margin (24.93%) than 70.54% of its industry peers.
In the last couple of years the Profit Margin of BSD has grown nicely.
BSD does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 24.93%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y18.38%
PM growth 5Y42.78%
GM growth 3YN/A
GM growth 5YN/A
BSD.PA Yearly Profit, Operating, Gross MarginsBSD.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

4

2. Health

2.1 Basic Checks

BSD has less shares outstanding than it did 1 year ago.
The number of shares outstanding for BSD has been reduced compared to 5 years ago.
Compared to 1 year ago, BSD has an improved debt to assets ratio.
BSD.PA Yearly Shares OutstandingBSD.PA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
BSD.PA Yearly Total Debt VS Total AssetsBSD.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

BSD has a debt to FCF ratio of 0.45. This is a very positive value and a sign of high solvency as it would only need 0.45 years to pay back of all of its debts.
BSD has a better Debt to FCF ratio (0.45) than 94.64% of its industry peers.
A Debt/Equity ratio of 0.11 indicates that BSD is not too dependend on debt financing.
The Debt to Equity ratio of BSD (0.11) is better than 75.89% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 0.45
Altman-Z N/A
ROIC/WACCN/A
WACCN/A
BSD.PA Yearly LT Debt VS Equity VS FCFBSD.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M 80M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
BSD.PA Yearly Current Assets VS Current LiabilitesBSD.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M

4

3. Growth

3.1 Past

The earnings per share for BSD have decreased by -0.95% in the last year.
BSD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 64.53% yearly.
Looking at the last year, BSD shows a small growth in Revenue. The Revenue has grown by 2.92% in the last year.
The Revenue has been growing by 18.50% on average over the past years. This is quite good.
EPS 1Y (TTM)-0.95%
EPS 3Y41.16%
EPS 5Y64.53%
EPS Q2Q%-10%
Revenue 1Y (TTM)2.92%
Revenue growth 3Y17.2%
Revenue growth 5Y18.5%
Sales Q2Q%-3.03%

3.2 Future

BSD is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.94% yearly.
Based on estimates for the next years, BSD will show a small growth in Revenue. The Revenue will grow by 0.79% on average per year.
EPS Next Y-8.97%
EPS Next 2Y-1.94%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.41%
Revenue Next 2Y0.79%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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.
BSD.PA Yearly Revenue VS EstimatesBSD.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 20M 40M 60M
BSD.PA Yearly EPS VS EstimatesBSD.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3

5

4. Valuation

4.1 Price/Earnings Ratio

BSD is valuated correctly with a Price/Earnings ratio of 12.35.
BSD's Price/Earnings ratio is a bit cheaper when compared to the industry. BSD is cheaper than 74.11% of the companies in the same industry.
BSD is valuated cheaply when we compare the Price/Earnings ratio to 26.84, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 11.09, the valuation of BSD can be described as reasonable.
83.93% of the companies in the same industry are more expensive than BSD, based on the Price/Forward Earnings ratio.
BSD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.48.
Industry RankSector Rank
PE 12.35
Fwd PE 11.09
BSD.PA Price Earnings VS Forward Price EarningsBSD.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Price/Free Cash Flow ratio, BSD is valued cheaper than 82.14% of the companies in the same industry.
Industry RankSector Rank
P/FCF 12.09
EV/EBITDA N/A
BSD.PA Per share dataBSD.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.5 1

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)0.19
EPS Next 2Y-1.94%
EPS Next 3YN/A

6

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 4.65%, BSD is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.88, BSD pays a bit more dividend than its industry peers.
BSD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
Industry RankSector Rank
Dividend Yield 4.65%

5.2 History

The dividend of BSD is nicely growing with an annual growth rate of 58.74%!
Dividend Growth(5Y)58.74%
Div Incr Years5
Div Non Decr Years6
BSD.PA Yearly Dividends per shareBSD.PA Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 0.05 0.1 0.15

5.3 Sustainability

DPN/A
EPS Next 2Y-1.94%
EPS Next 3YN/A
BSD.PA Yearly Income VS Free CF VS DividendBSD.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5M 10M 15M 20M

BOURSE DIRECT

EPA:BSD (9/3/2025, 7:00:00 PM)

4.2

+0.01 (+0.24%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)07-30 2025-07-30
Earnings (Next)10-15 2025-10-15
Inst Owners5.58%
Inst Owner ChangeN/A
Ins Owners80.99%
Ins Owner ChangeN/A
Market Cap222.18M
Analysts83.33
Price Target7.4 (76.19%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.65%
Yearly Dividend0.08
Dividend Growth(5Y)58.74%
DPN/A
Div Incr Years5
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-12.35%
EPS NY rev (3m)-12.35%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.89%
Revenue NY rev (3m)-4.03%
Valuation
Industry RankSector Rank
PE 12.35
Fwd PE 11.09
P/S 3.02
P/FCF 12.09
P/OCF 10.76
P/B 2.84
P/tB 4.48
EV/EBITDA N/A
EPS(TTM)0.34
EY8.1%
EPS(NY)0.38
Fwd EY9.02%
FCF(TTM)0.35
FCFY8.27%
OCF(TTM)0.39
OCFY9.29%
SpS1.39
BVpS1.48
TBVpS0.94
PEG (NY)N/A
PEG (5Y)0.19
Profitability
Industry RankSector Rank
ROA 1.43%
ROE 23.39%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 24.93%
GM N/A
FCFM 25.01%
ROA(3y)1.09%
ROA(5y)0.86%
ROE(3y)17.85%
ROE(5y)14.68%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y18.38%
PM growth 5Y42.78%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.06
Health
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 0.45
Debt/EBITDA N/A
Cap/Depr 66.65%
Cap/Sales 3.08%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 100.33%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)102.89%
Cap/Depr(5y)99.45%
Cap/Sales(3y)5.34%
Cap/Sales(5y)4.9%
Profit Quality(3y)130.22%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.95%
EPS 3Y41.16%
EPS 5Y64.53%
EPS Q2Q%-10%
EPS Next Y-8.97%
EPS Next 2Y-1.94%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.92%
Revenue growth 3Y17.2%
Revenue growth 5Y18.5%
Sales Q2Q%-3.03%
Revenue Next Year-0.41%
Revenue Next 2Y0.79%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year7.71%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y16.65%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y13.84%
OCF growth 3YN/A
OCF growth 5Y84.2%