BWX TECHNOLOGIES INC (BWXT) Stock Fundamental Analysis
NYSE:BWXT - US05605H1005 - Common Stock
163.64 USD
-0.15 (-0.09%)
163.64 USD
0 (0%)
Taking everything into account, BWXT scores 5 out of 10 in our fundamental rating. BWXT was compared to 69 industry peers in the Aerospace & Defense industry. BWXT has an average financial health and profitability rating. BWXT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BWXT was profitable.
BWXT had a positive operating cash flow in the past year.
BWXT had positive earnings in each of the past 5 years.
Each year in the past 5 years BWXT had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.96%, BWXT belongs to the top of the industry, outperforming 86.96% of the companies in the same industry.
Looking at the Return On Equity, with a value of 24.86%, BWXT belongs to the top of the industry, outperforming 94.20% of the companies in the same industry.
The Return On Invested Capital of BWXT (8.15%) is better than 72.46% of its industry peers.
BWXT had an Average Return On Invested Capital over the past 3 years of 10.89%. This is above the industry average of 8.22%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.96% | ||
| ROE | 24.86% | ||
| ROIC | 8.15% |
ROA(3y)9.29%
ROA(5y)10.45%
ROE(3y)28.09%
ROE(5y)35.48%
ROIC(3y)10.89%
ROIC(5y)11.51%
1.3 Margins
BWXT has a Profit Margin of 10.28%. This is amongst the best in the industry. BWXT outperforms 82.61% of its industry peers.
BWXT's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 11.23%, BWXT is in the better half of the industry, outperforming 75.36% of the companies in the same industry.
BWXT's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 24.26%, BWXT perfoms like the industry average, outperforming 50.72% of the companies in the same industry.
In the last couple of years the Gross Margin of BWXT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.23% | ||
| PM (TTM) | 10.28% | ||
| GM | 24.26% |
OM growth 3Y-5.2%
OM growth 5Y-5.02%
PM growth 3Y-10.2%
PM growth 5Y-4.14%
GM growth 3Y-2.2%
GM growth 5Y-2.93%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BWXT is creating some value.
The number of shares outstanding for BWXT remains at a similar level compared to 1 year ago.
Compared to 5 years ago, BWXT has less shares outstanding
The debt/assets ratio for BWXT has been reduced compared to a year ago.
2.2 Solvency
BWXT has an Altman-Z score of 5.67. This indicates that BWXT is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.67, BWXT is in the better half of the industry, outperforming 65.22% of the companies in the same industry.
BWXT has a debt to FCF ratio of 4.25. This is a neutral value as BWXT would need 4.25 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.25, BWXT is in the better half of the industry, outperforming 78.26% of the companies in the same industry.
BWXT has a Debt/Equity ratio of 1.28. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.28, BWXT is not doing good in the industry: 79.71% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 4.25 | ||
| Altman-Z | 5.67 |
ROIC/WACC0.85
WACC9.57%
2.3 Liquidity
BWXT has a Current Ratio of 1.69. This is a normal value and indicates that BWXT is financially healthy and should not expect problems in meeting its short term obligations.
BWXT has a Current ratio of 1.69. This is in the lower half of the industry: BWXT underperforms 62.32% of its industry peers.
A Quick Ratio of 1.60 indicates that BWXT should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.60, BWXT is doing good in the industry, outperforming 62.32% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.6 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.88% over the past year.
Measured over the past 5 years, BWXT shows a small growth in Earnings Per Share. The EPS has been growing by 4.83% on average per year.
BWXT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.13%.
Measured over the past years, BWXT shows a small growth in Revenue. The Revenue has been growing by 7.37% on average per year.
EPS 1Y (TTM)12.88%
EPS 3Y2.86%
EPS 5Y4.83%
EPS Q2Q%24.39%
Revenue 1Y (TTM)10.13%
Revenue growth 3Y8.37%
Revenue growth 5Y7.37%
Sales Q2Q%12.11%
3.2 Future
BWXT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.20% yearly.
Based on estimates for the next years, BWXT will show a quite strong growth in Revenue. The Revenue will grow by 8.90% on average per year.
EPS Next Y14.71%
EPS Next 2Y10.4%
EPS Next 3Y10.44%
EPS Next 5Y11.2%
Revenue Next Year15.72%
Revenue Next 2Y12.65%
Revenue Next 3Y11.17%
Revenue Next 5Y8.9%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
BWXT is valuated quite expensively with a Price/Earnings ratio of 44.47.
The rest of the industry has a similar Price/Earnings ratio as BWXT.
The average S&P500 Price/Earnings ratio is at 27.06. BWXT is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 40.32, the valuation of BWXT can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BWXT is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.69, BWXT is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.47 | ||
| Fwd PE | 40.32 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BWXT.
BWXT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BWXT is cheaper than 69.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.51 | ||
| EV/EBITDA | 39.54 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BWXT does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of BWXT may justify a higher PE ratio.
PEG (NY)3.02
PEG (5Y)9.2
EPS Next 2Y10.4%
EPS Next 3Y10.44%
5. Dividend
5.1 Amount
BWXT has a yearly dividend return of 0.61%, which is pretty low.
BWXT's Dividend Yield is rather good when compared to the industry average which is at 1.64. BWXT pays more dividend than 81.16% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, BWXT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
5.2 History
On average, the dividend of BWXT grows each year by 7.06%, which is quite nice.
BWXT has paid a dividend for at least 10 years, which is a reliable track record.
BWXT has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)7.06%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
30.84% of the earnings are spent on dividend by BWXT. This is a low number and sustainable payout ratio.
BWXT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP30.84%
EPS Next 2Y10.4%
EPS Next 3Y10.44%
163.64
-0.15 (-0.09%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners96.65%
Inst Owner Change1.66%
Ins Owners0.39%
Ins Owner Change-3.97%
Market Cap14.96B
Analysts81.11
Price Target187.88 (14.81%)
Short Float %3.35%
Short Ratio2.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.61% |
Yearly Dividend0.97
Dividend Growth(5Y)7.06%
DP30.84%
Div Incr Years9
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.82%
Min EPS beat(2)19.54%
Max EPS beat(2)26.1%
EPS beat(4)4
Avg EPS beat(4)15.35%
Min EPS beat(4)4.98%
Max EPS beat(4)26.1%
EPS beat(8)8
Avg EPS beat(8)11%
EPS beat(12)10
Avg EPS beat(12)8.29%
EPS beat(16)12
Avg EPS beat(16)6.38%
Revenue beat(2)2
Avg Revenue beat(2)4.59%
Min Revenue beat(2)3.79%
Max Revenue beat(2)5.38%
Revenue beat(4)4
Avg Revenue beat(4)2.71%
Min Revenue beat(4)0.04%
Max Revenue beat(4)5.38%
Revenue beat(8)7
Avg Revenue beat(8)2.78%
Revenue beat(12)8
Avg Revenue beat(12)1.73%
Revenue beat(16)10
Avg Revenue beat(16)0.6%
PT rev (1m)27.94%
PT rev (3m)35.76%
EPS NQ rev (1m)-2.06%
EPS NQ rev (3m)-2.46%
EPS NY rev (1m)6.11%
EPS NY rev (3m)6.81%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)0.91%
Revenue NY rev (1m)1.38%
Revenue NY rev (3m)1.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.47 | ||
| Fwd PE | 40.32 | ||
| P/S | 5.22 | ||
| P/FCF | 41.51 | ||
| P/OCF | 28.81 | ||
| P/B | 12.63 | ||
| P/tB | 43.1 | ||
| EV/EBITDA | 39.54 |
EPS(TTM)3.68
EY2.25%
EPS(NY)4.06
Fwd EY2.48%
FCF(TTM)3.94
FCFY2.41%
OCF(TTM)5.68
OCFY3.47%
SpS31.34
BVpS12.96
TBVpS3.8
PEG (NY)3.02
PEG (5Y)9.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.96% | ||
| ROE | 24.86% | ||
| ROCE | 10.34% | ||
| ROIC | 8.15% | ||
| ROICexc | 8.25% | ||
| ROICexgc | 11.34% | ||
| OM | 11.23% | ||
| PM (TTM) | 10.28% | ||
| GM | 24.26% | ||
| FCFM | 12.58% |
ROA(3y)9.29%
ROA(5y)10.45%
ROE(3y)28.09%
ROE(5y)35.48%
ROIC(3y)10.89%
ROIC(5y)11.51%
ROICexc(3y)11.19%
ROICexc(5y)11.8%
ROICexgc(3y)14.13%
ROICexgc(5y)15.27%
ROCE(3y)13.82%
ROCE(5y)14.77%
ROICexcg growth 3Y-3.82%
ROICexcg growth 5Y-11.02%
ROICexc growth 3Y-2.17%
ROICexc growth 5Y-7.67%
OM growth 3Y-5.2%
OM growth 5Y-5.02%
PM growth 3Y-10.2%
PM growth 5Y-4.14%
GM growth 3Y-2.2%
GM growth 5Y-2.93%
F-Score5
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 4.25 | ||
| Debt/EBITDA | 3.65 | ||
| Cap/Depr | 167.51% | ||
| Cap/Sales | 5.55% | ||
| Interest Coverage | 4.58 | ||
| Cash Conversion | 124.67% | ||
| Profit Quality | 122.4% | ||
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.6 | ||
| Altman-Z | 5.67 |
F-Score5
WACC9.57%
ROIC/WACC0.85
Cap/Depr(3y)213.4%
Cap/Depr(5y)302.1%
Cap/Sales(3y)6.87%
Cap/Sales(5y)9.46%
Profit Quality(3y)65.42%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.88%
EPS 3Y2.86%
EPS 5Y4.83%
EPS Q2Q%24.39%
EPS Next Y14.71%
EPS Next 2Y10.4%
EPS Next 3Y10.44%
EPS Next 5Y11.2%
Revenue 1Y (TTM)10.13%
Revenue growth 3Y8.37%
Revenue growth 5Y7.37%
Sales Q2Q%12.11%
Revenue Next Year15.72%
Revenue Next 2Y12.65%
Revenue Next 3Y11.17%
Revenue Next 5Y8.9%
EBIT growth 1Y-8.66%
EBIT growth 3Y2.74%
EBIT growth 5Y1.98%
EBIT Next Year38.69%
EBIT Next 3Y19.52%
EBIT Next 5Y14.22%
FCF growth 1Y435.34%
FCF growth 3Y50.39%
FCF growth 5Y21.23%
OCF growth 1Y116.06%
OCF growth 3Y1.9%
OCF growth 5Y7.89%