BUREAU VERITAS SA (BVI.PA) Stock Fundamental Analysis
EPA:BVI - FR0006174348 - Common Stock
26.4 EUR
+0.32 (+1.23%)
BVI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 29 industry peers in the Professional Services industry. While BVI has a great profitability rating, there are some minor concerns on its financial health. BVI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BVI had positive earnings in the past year.
BVI had a positive operating cash flow in the past year.
BVI had positive earnings in each of the past 5 years.
In the past 5 years BVI always reported a positive cash flow from operatings.
1.2 Ratios
BVI has a better Return On Assets (10.02%) than 86.21% of its industry peers.
BVI has a better Return On Equity (45.59%) than 82.76% of its industry peers.
BVI's Return On Invested Capital of 15.56% is amongst the best of the industry. BVI outperforms 82.76% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BVI is in line with the industry average of 10.83%.
The last Return On Invested Capital (15.56%) for BVI is above the 3 year average (11.84%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.02% | ||
| ROE | 45.59% | ||
| ROIC | 15.56% |
ROA(3y)7.35%
ROA(5y)6.04%
ROE(3y)26.65%
ROE(5y)23.15%
ROIC(3y)11.84%
ROIC(5y)10.41%
1.3 Margins
BVI has a better Profit Margin (10.25%) than 79.31% of its industry peers.
BVI's Profit Margin has improved in the last couple of years.
BVI's Operating Margin of 14.51% is fine compared to the rest of the industry. BVI outperforms 79.31% of its industry peers.
In the last couple of years the Operating Margin of BVI has remained more or less at the same level.
BVI's Gross Margin of 103.28% is amongst the best of the industry. BVI outperforms 96.55% of its industry peers.
In the last couple of years the Gross Margin of BVI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.51% | ||
| PM (TTM) | 10.25% | ||
| GM | 103.28% |
OM growth 3Y1.18%
OM growth 5Y0.5%
PM growth 3Y2.59%
PM growth 5Y4.81%
GM growth 3Y1.43%
GM growth 5Y0.65%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so BVI is creating value.
The number of shares outstanding for BVI has been reduced compared to 1 year ago.
Compared to 5 years ago, BVI has about the same amount of shares outstanding.
The debt/assets ratio for BVI is higher compared to a year ago.
2.2 Solvency
BVI has an Altman-Z score of 3.21. This indicates that BVI is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of BVI (3.21) is better than 72.41% of its industry peers.
BVI has a debt to FCF ratio of 3.04. This is a good value and a sign of high solvency as BVI would need 3.04 years to pay back of all of its debts.
BVI has a better Debt to FCF ratio (3.04) than 89.66% of its industry peers.
BVI has a Debt/Equity ratio of 1.56. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.56, BVI is doing worse than 65.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 3.04 | ||
| Altman-Z | 3.21 |
ROIC/WACC2.38
WACC6.53%
2.3 Liquidity
A Current Ratio of 1.18 indicates that BVI should not have too much problems paying its short term obligations.
BVI has a Current ratio (1.18) which is comparable to the rest of the industry.
BVI has a Quick Ratio of 1.18. This is a normal value and indicates that BVI is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.18, BVI is in the better half of the industry, outperforming 62.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.92% over the past year.
Measured over the past 5 years, BVI shows a small growth in Earnings Per Share. The EPS has been growing by 6.23% on average per year.
The Revenue has been growing slightly by 7.12% in the past year.
Measured over the past years, BVI shows a small growth in Revenue. The Revenue has been growing by 4.12% on average per year.
EPS 1Y (TTM)6.92%
EPS 3Y8.85%
EPS 5Y6.23%
EPS Q2Q%1.56%
Revenue 1Y (TTM)7.12%
Revenue growth 3Y7.81%
Revenue growth 5Y4.12%
Sales Q2Q%5.65%
3.2 Future
BVI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.09% yearly.
Based on estimates for the next years, BVI will show a small growth in Revenue. The Revenue will grow by 7.02% on average per year.
EPS Next Y4.99%
EPS Next 2Y6.86%
EPS Next 3Y7.32%
EPS Next 5Y7.09%
Revenue Next Year4.55%
Revenue Next 2Y4.89%
Revenue Next 3Y5.34%
Revenue Next 5Y7.02%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.99, the valuation of BVI can be described as rather expensive.
75.86% of the companies in the same industry are more expensive than BVI, based on the Price/Earnings ratio.
BVI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.06.
BVI is valuated correctly with a Price/Forward Earnings ratio of 16.75.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BVI is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.69, BVI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.99 | ||
| Fwd PE | 16.75 |
4.2 Price Multiples
BVI's Enterprise Value to EBITDA ratio is in line with the industry average.
BVI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.11 | ||
| EV/EBITDA | 11.08 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BVI does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of BVI may justify a higher PE ratio.
PEG (NY)3.81
PEG (5Y)3.05
EPS Next 2Y6.86%
EPS Next 3Y7.32%
5. Dividend
5.1 Amount
BVI has a Yearly Dividend Yield of 3.45%. Purely for dividend investing, there may be better candidates out there.
BVI's Dividend Yield is a higher than the industry average which is at 3.04.
BVI's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
5.2 History
The dividend of BVI is nicely growing with an annual growth rate of 32.58%!
Dividend Growth(5Y)32.58%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
64.39% of the earnings are spent on dividend by BVI. This is not a sustainable payout ratio.
The dividend of BVI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP64.39%
EPS Next 2Y6.86%
EPS Next 3Y7.32%
EPA:BVI (9/5/2025, 7:00:00 PM)
26.4
+0.32 (+1.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners78.26%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap11.98B
Analysts80
Price Target34.4 (30.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
Yearly Dividend0.9
Dividend Growth(5Y)32.58%
DP64.39%
Div Incr Years4
Div Non Decr Years4
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)-0.08%
PT rev (3m)-0.67%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.91%
EPS NY rev (3m)-3.91%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.35%
Revenue NY rev (3m)-1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.99 | ||
| Fwd PE | 16.75 | ||
| P/S | 1.87 | ||
| P/FCF | 14.11 | ||
| P/OCF | 11.97 | ||
| P/B | 8.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.08 |
EPS(TTM)1.39
EY5.27%
EPS(NY)1.58
Fwd EY5.97%
FCF(TTM)1.87
FCFY7.09%
OCF(TTM)2.2
OCFY8.35%
SpS14.13
BVpS3.18
TBVpS-2.53
PEG (NY)3.81
PEG (5Y)3.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.02% | ||
| ROE | 45.59% | ||
| ROCE | 22.82% | ||
| ROIC | 15.56% | ||
| ROICexc | 19.8% | ||
| ROICexgc | 103.04% | ||
| OM | 14.51% | ||
| PM (TTM) | 10.25% | ||
| GM | 103.28% | ||
| FCFM | 13.24% |
ROA(3y)7.35%
ROA(5y)6.04%
ROE(3y)26.65%
ROE(5y)23.15%
ROIC(3y)11.84%
ROIC(5y)10.41%
ROICexc(3y)16.62%
ROICexc(5y)14.87%
ROICexgc(3y)78.54%
ROICexgc(5y)69.9%
ROCE(3y)17.37%
ROCE(5y)15.28%
ROICexcg growth 3Y20.39%
ROICexcg growth 5Y9.91%
ROICexc growth 3Y8.51%
ROICexc growth 5Y5.26%
OM growth 3Y1.18%
OM growth 5Y0.5%
PM growth 3Y2.59%
PM growth 5Y4.81%
GM growth 3Y1.43%
GM growth 5Y0.65%
F-Score7
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 3.04 | ||
| Debt/EBITDA | 1.84 | ||
| Cap/Depr | 52.04% | ||
| Cap/Sales | 2.36% | ||
| Interest Coverage | 24.48 | ||
| Cash Conversion | 81.92% | ||
| Profit Quality | 129.18% | ||
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z | 3.21 |
F-Score7
WACC6.53%
ROIC/WACC2.38
Cap/Depr(3y)49.76%
Cap/Depr(5y)44.07%
Cap/Sales(3y)2.44%
Cap/Sales(5y)2.38%
Profit Quality(3y)144.23%
Profit Quality(5y)231.8%
High Growth Momentum
Growth
EPS 1Y (TTM)6.92%
EPS 3Y8.85%
EPS 5Y6.23%
EPS Q2Q%1.56%
EPS Next Y4.99%
EPS Next 2Y6.86%
EPS Next 3Y7.32%
EPS Next 5Y7.09%
Revenue 1Y (TTM)7.12%
Revenue growth 3Y7.81%
Revenue growth 5Y4.12%
Sales Q2Q%5.65%
Revenue Next Year4.55%
Revenue Next 2Y4.89%
Revenue Next 3Y5.34%
Revenue Next 5Y7.02%
EBIT growth 1Y10.09%
EBIT growth 3Y9.08%
EBIT growth 5Y4.64%
EBIT Next Year40.38%
EBIT Next 3Y17.17%
EBIT Next 5Y12.56%
FCF growth 1Y23.47%
FCF growth 3Y8.5%
FCF growth 5Y4.31%
OCF growth 1Y18.57%
OCF growth 3Y8.19%
OCF growth 5Y4.06%