BWX TECHNOLOGIES INC (BWXT)
US05605H1005 - Common Stock
We assign a fundamental rating of 6 out of 10 to BWXT. BWXT was compared to 64 industry peers in the Aerospace & Defense industry. BWXT has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. While showing a medium growth rate, BWXT is valued expensive at the moment. Finally BWXT also has an excellent dividend rating. These ratings would make BWXT suitable for dividend investing!
1. Profitability
1.1 Basic Checks
In the past year BWXT was profitable.
In the past year BWXT had a positive cash flow from operations.
Each year in the past 5 years BWXT has 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 8.95%, BWXT belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
BWXT's Return On Equity of 26.34% is amongst the best of the industry. BWXT outperforms 95.31% of its industry peers.
BWXT has a Return On Invested Capital of 10.72%. This is amongst the best in the industry. BWXT outperforms 85.94% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BWXT is above the industry average of 8.55%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.95% | ||
| ROE | 26.34% | ||
| ROIC | 10.72% |
ROA(3y)10.09%
ROA(5y)11.04%
ROE(3y)35.39%
ROE(5y)42.34%
ROIC(3y)10.82%
ROIC(5y)12.07%
1.3 Margins
With a decent Profit Margin value of 9.85%, BWXT is doing good in the industry, outperforming 78.13% of the companies in the same industry.
In the last couple of years the Profit Margin of BWXT has declined.
BWXT has a Operating Margin of 13.36%. This is amongst the best in the industry. BWXT outperforms 87.50% of its industry peers.
BWXT's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 24.86%, BWXT perfoms like the industry average, outperforming 56.25% of the companies in the same industry.
BWXT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.36% | ||
| PM (TTM) | 9.85% | ||
| GM | 24.86% |
OM growth 3Y-2.89%
OM growth 5Y-2.68%
PM growth 3Y-9.13%
PM growth 5Y-4.83%
GM growth 3Y-2.83%
GM growth 5Y-2.37%
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 more shares outstanding than it did 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
An Altman-Z score of 5.47 indicates that BWXT is not in any danger for bankruptcy at the moment.
BWXT has a better Altman-Z score (5.47) than 82.81% of its industry peers.
BWXT has a debt to FCF ratio of 5.69. This is a neutral value as BWXT would need 5.69 years to pay back of all of its debts.
BWXT's Debt to FCF ratio of 5.69 is fine compared to the rest of the industry. BWXT outperforms 70.31% of its industry peers.
BWXT has a Debt/Equity ratio of 1.29. This is a high value indicating a heavy dependency on external financing.
BWXT has a worse Debt to Equity ratio (1.29) than 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 5.69 | ||
| Altman-Z | 5.47 |
ROIC/WACC1.2
WACC8.95%
2.3 Liquidity
BWXT has a Current Ratio of 2.18. This indicates that BWXT is financially healthy and has no problem in meeting its short term obligations.
BWXT has a Current ratio of 2.18. This is in the better half of the industry: BWXT outperforms 60.94% of its industry peers.
BWXT has a Quick Ratio of 2.11. This indicates that BWXT is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.11, BWXT is in the better half of the industry, outperforming 79.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.18 | ||
| Quick Ratio | 2.11 |
3. Growth
3.1 Past
The earnings per share for BWXT have decreased by -3.19% in the last year.
Measured over the past 5 years, BWXT shows a small growth in Earnings Per Share. The EPS has been growing by 4.86% on average per year.
The Revenue has grown by 11.80% in the past year. This is quite good.
The Revenue has been growing slightly by 6.76% on average over the past years.
EPS 1Y (TTM)-3.19%
EPS 3Y0%
EPS 5Y4.86%
EPS growth Q2Q8.6%
Revenue 1Y (TTM)11.8%
Revenue growth 3Y5.54%
Revenue growth 5Y6.76%
Revenue growth Q2Q16.23%
3.2 Future
The Earnings Per Share is expected to grow by 12.75% on average over the next years. This is quite good.
Based on estimates for the next years, BWXT will show a small growth in Revenue. The Revenue will grow by 3.15% on average per year.
EPS Next Y5.72%
EPS Next 2Y7.31%
EPS Next 3Y11.03%
EPS Next 5Y12.75%
Revenue Next Year7.5%
Revenue Next 2Y6.3%
Revenue Next 3Y6.53%
Revenue Next 5Y3.15%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 31.68, the valuation of BWXT can be described as expensive.
64.06% of the companies in the same industry are more expensive than BWXT, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 24.92. BWXT is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 29.96 indicates a quite expensive valuation of BWXT.
Based on the Price/Forward Earnings ratio, BWXT is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.49, BWXT is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.68 | ||
| Fwd PE | 29.96 |
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 the industry average as 65.63% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.31 | ||
| EV/EBITDA | 24.05 |
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)5.53
PEG (5Y)6.52
EPS Next 2Y7.31%
EPS Next 3Y11.03%
5. Dividend
5.1 Amount
BWXT has a Yearly Dividend Yield of 1.01%.
BWXT's Dividend Yield is rather good when compared to the industry average which is at 1.34. BWXT pays more dividend than 82.81% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, BWXT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.01% |
5.2 History
The dividend of BWXT is nicely growing with an annual growth rate of 7.23%!
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)7.23%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
34.56% of the earnings are spent on dividend by BWXT. This is a low number and sustainable payout ratio.
The dividend of BWXT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP34.56%
EPS Next 2Y7.31%
EPS Next 3Y11.03%
BWX TECHNOLOGIES INC
NYSE:BWXT (4/26/2024, 7:04:01 PM)
After market: 95.99 0 (0%)95.99
+1.3 (+1.37%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.77B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.01% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.68 | ||
| Fwd PE | 29.96 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)5.53
PEG (5Y)6.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.95% | ||
| ROE | 26.34% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 13.36% | ||
| PM (TTM) | 9.85% | ||
| GM | 24.86% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.18 | ||
| Quick Ratio | 2.11 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-3.19%
EPS 3Y0%
EPS 5Y
EPS growth Q2Q
EPS Next Y5.72%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)11.8%
Revenue growth 3Y5.54%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y