BWX TECHNOLOGIES INC (BWXT) Stock Fundamental Analysis
USA - NYSE:BWXT - US05605H1005 - Common Stock
181.96 USD
+1.34 (+0.74%)
181.26 USD
-0.7 (-0.38%)
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 only an average score on both its financial health and profitability. BWXT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
BWXT had positive earnings in the past year.
In the past year BWXT had a positive cash flow from operations.
In the past 5 years BWXT has always been profitable.
In the past 5 years BWXT always reported a positive cash flow from operatings.
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.
BWXT has a better Return On Equity (24.86%) than 94.20% of its industry peers.
With a decent Return On Invested Capital value of 8.15%, BWXT is doing good in the industry, outperforming 72.46% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BWXT is above the industry average of 8.29%.
| 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.
In the last couple of years the Profit Margin of BWXT has declined.
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.
BWXT has a Gross Margin (24.26%) which is comparable to the rest of the industry.
BWXT's Gross Margin has declined in the last couple of years.
| 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
BWXT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
BWXT has about the same amout of shares outstanding than it did 1 year ago.
BWXT has less shares outstanding than it did 5 years ago.
BWXT has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 6.04 indicates that BWXT is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 6.04, BWXT is doing good in the industry, outperforming 68.12% 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.
BWXT has a better Debt to FCF ratio (4.25) than 78.26% of its industry peers.
BWXT has a Debt/Equity ratio of 1.28. This is a high value indicating a heavy dependency on external financing.
BWXT's Debt to Equity ratio of 1.28 is on the low side compared to the rest of the industry. BWXT is outperformed by 79.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 4.25 | ||
| Altman-Z | 6.04 |
ROIC/WACC0.83
WACC9.81%
2.3 Liquidity
A Current Ratio of 1.69 indicates that BWXT should not have too much problems paying its short term obligations.
BWXT's Current ratio of 1.69 is on the low side compared to the rest of the industry. BWXT is outperformed by 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
BWXT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.88%, which is quite good.
BWXT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.83% yearly.
Looking at the last year, BWXT shows a quite strong growth in Revenue. The Revenue has grown by 10.13% in the last year.
BWXT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.37% yearly.
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
The Earnings Per Share is expected to grow by 11.20% on average over the next years. This is quite good.
The Revenue is expected to grow by 8.90% on average over the next years. This is quite good.
EPS Next Y14.64%
EPS Next 2Y10.48%
EPS Next 3Y10.44%
EPS Next 5Y11.2%
Revenue Next Year15.83%
Revenue Next 2Y12.62%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 49.45, which means the current valuation is very expensive for BWXT.
The rest of the industry has a similar Price/Earnings ratio as BWXT.
When comparing the Price/Earnings ratio of BWXT to the average of the S&P500 Index (27.67), we can say BWXT is valued expensively.
A Price/Forward Earnings ratio of 44.77 indicates a quite expensive valuation of BWXT.
The rest of the industry has a similar Price/Forward Earnings ratio as BWXT.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.13, BWXT is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.45 | ||
| Fwd PE | 44.77 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BWXT is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, BWXT is valued a bit cheaper than 68.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.16 | ||
| EV/EBITDA | 43.23 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
BWXT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.38
PEG (5Y)10.23
EPS Next 2Y10.48%
EPS Next 3Y10.44%
5. Dividend
5.1 Amount
BWXT has a yearly dividend return of 0.57%, which is pretty low.
BWXT's Dividend Yield is a higher than the industry average which is at 1.45.
With a Dividend Yield of 0.57, BWXT pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.57% |
5.2 History
The dividend of BWXT is nicely growing with an annual growth rate of 7.06%!
BWXT has been paying a dividend for at least 10 years, so it has 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 2Y10.48%
EPS Next 3Y10.44%
181.96
+1.34 (+0.74%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners96.11%
Inst Owner Change1.64%
Ins Owners0.36%
Ins Owner Change-3.16%
Market Cap16.63B
Analysts81.11
Price Target189.81 (4.31%)
Short Float %2.75%
Short Ratio2.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.57% |
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)1.74%
PT rev (3m)34.53%
EPS NQ rev (1m)-0.13%
EPS NQ rev (3m)-2.44%
EPS NY rev (1m)-0.06%
EPS NY rev (3m)5.42%
Revenue NQ rev (1m)-0.18%
Revenue NQ rev (3m)-0.15%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)1.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 49.45 | ||
| Fwd PE | 44.77 | ||
| P/S | 5.81 | ||
| P/FCF | 46.16 | ||
| P/OCF | 32.03 | ||
| P/B | 14.04 | ||
| P/tB | 47.92 | ||
| EV/EBITDA | 43.23 |
EPS(TTM)3.68
EY2.02%
EPS(NY)4.06
Fwd EY2.23%
FCF(TTM)3.94
FCFY2.17%
OCF(TTM)5.68
OCFY3.12%
SpS31.34
BVpS12.96
TBVpS3.8
PEG (NY)3.38
PEG (5Y)10.23
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 | 6.04 |
F-Score5
WACC9.81%
ROIC/WACC0.83
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 Y14.64%
EPS Next 2Y10.48%
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 Year15.83%
Revenue Next 2Y12.62%
Revenue Next 3Y11.17%
Revenue Next 5Y8.9%
EBIT growth 1Y-8.66%
EBIT growth 3Y2.74%
EBIT growth 5Y1.98%
EBIT Next Year41.13%
EBIT Next 3Y19.99%
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%