BEAZER HOMES USA INC (BZH)
US07556Q8814 - Common Stock
We assign a fundamental rating of 4 out of 10 to BZH. BZH was compared to 67 industry peers in the Household Durables industry. BZH has a medium profitability rating, but doesn't score so well on its financial health evaluation. BZH has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BZH was profitable.
In the past year BZH had a positive cash flow from operations.
Of the past 5 years BZH 4 years were profitable.
In the past 5 years BZH always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of BZH (6.53%) is comparable to the rest of the industry.
The Return On Equity of BZH (13.92%) is better than 62.12% of its industry peers.
BZH's Return On Invested Capital of 6.67% is in line compared to the rest of the industry. BZH outperforms 51.52% of its industry peers.
BZH had an Average Return On Invested Capital over the past 3 years of 8.56%. This is in line with the industry average of 10.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.53% | ||
| ROE | 13.92% | ||
| ROIC | 6.67% |
ROA(3y)7.42%
ROA(5y)4.16%
ROE(3y)18.24%
ROE(5y)9.75%
ROIC(3y)8.56%
ROIC(5y)6.48%
1.3 Margins
With a Profit Margin value of 7.26%, BZH perfoms like the industry average, outperforming 59.09% of the companies in the same industry.
In the last couple of years the Profit Margin of BZH has grown nicely.
BZH has a Operating Margin (7.88%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of BZH has grown nicely.
Looking at the Gross Margin, with a value of 20.25%, BZH is doing worse than 81.82% of the companies in the same industry.
BZH's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.88% | ||
| PM (TTM) | 7.26% | ||
| GM | 20.25% |
OM growth 3Y27.88%
OM growth 5Y14.06%
PM growth 3Y43.07%
PM growth 5YN/A
GM growth 3Y6.83%
GM growth 5Y3.79%
2. Health
2.1 Basic Checks
BZH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, BZH has more shares outstanding
BZH has less shares outstanding than it did 5 years ago.
BZH has a better debt/assets ratio than last year.
2.2 Solvency
BZH has an Altman-Z score of 2.63. This is not the best score and indicates that BZH is in the grey zone with still only limited risk for bankruptcy at the moment.
BZH has a Altman-Z score (2.63) which is comparable to the rest of the industry.
The Debt to FCF ratio of BZH is 58.46, which is on the high side as it means it would take BZH, 58.46 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BZH (58.46) is worse than 72.73% of its industry peers.
A Debt/Equity ratio of 0.87 indicates that BZH is somewhat dependend on debt financing.
BZH has a Debt to Equity ratio of 0.87. This is in the lower half of the industry: BZH underperforms 75.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 58.46 | ||
| Altman-Z | 2.63 |
ROIC/WACC0.63
WACC10.66%
2.3 Liquidity
A Current Ratio of 8.07 indicates that BZH has no problem at all paying its short term obligations.
The Current ratio of BZH (8.07) is better than 86.36% of its industry peers.
A Quick Ratio of 0.64 indicates that BZH may have some problems paying its short term obligations.
The Quick ratio of BZH (0.64) is worse than 74.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.07 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
BZH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -26.38%.
BZH shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.45% yearly.
BZH shows a decrease in Revenue. In the last year, the revenue decreased by -6.90%.
The Revenue has been growing slightly by 0.93% on average over the past years.
EPS 1Y (TTM)-26.38%
EPS 3Y40.95%
EPS 5Y21.45%
EPS growth Q2Q-15.66%
Revenue 1Y (TTM)-6.9%
Revenue growth 3Y1.23%
Revenue growth 5Y0.93%
Revenue growth Q2Q-13.06%
3.2 Future
The Earnings Per Share is expected to grow by 2.66% on average over the next years.
Based on estimates for the next years, BZH will show a quite strong growth in Revenue. The Revenue will grow by 8.00% on average per year.
EPS Next Y-9.02%
EPS Next 2Y2.66%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.04%
Revenue Next 2Y8%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 decreasing.
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 5.49, which indicates a rather cheap valuation of BZH.
BZH's Price/Earnings ratio is rather cheap when compared to the industry. BZH is cheaper than 95.45% of the companies in the same industry.
When comparing the Price/Earnings ratio of BZH to the average of the S&P500 Index (27.73), we can say BZH is valued rather cheaply.
BZH is valuated cheaply with a Price/Forward Earnings ratio of 5.07.
96.97% of the companies in the same industry are more expensive than BZH, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 20.41. BZH is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.49 | ||
| Fwd PE | 5.07 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BZH.
Based on the Price/Free Cash Flow ratio, BZH is valued a bit more expensive than 72.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 52.4 | ||
| EV/EBITDA | 9.62 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.26
EPS Next 2Y2.66%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BZH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BEAZER HOMES USA INC
NYSE:BZH (5/3/2024, 7:04:00 PM)
After market: 27.7 0 (0%)27.7
+0.69 (+2.55%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap873.66M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 5.49 | ||
| Fwd PE | 5.07 | ||
| 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)N/A
PEG (5Y)0.26
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.53% | ||
| ROE | 13.92% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.88% | ||
| PM (TTM) | 7.26% | ||
| GM | 20.25% | ||
| 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 Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 8.07 | ||
| Quick Ratio | 0.64 | ||
| 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)-26.38%
EPS 3Y40.95%
EPS 5Y
EPS growth Q2Q
EPS Next Y-9.02%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-6.9%
Revenue growth 3Y1.23%
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