BEAZER HOMES USA INC (BZH) Stock Fundamental Analysis
NYSE:BZH - New York Stock Exchange, Inc. - US07556Q8814 - Common Stock - Currency: USD
BZH gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 64 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
BZH had positive earnings in the past year.
BZH had a negative operating cash flow in the past year.
In the past 5 years BZH has always been profitable.
Of the past 5 years BZH 4 years had a positive operating cash flow.
1.2 Ratios
BZH has a Return On Assets of 4.68%. This is comparable to the rest of the industry: BZH outperforms 50.00% of its industry peers.
Looking at the Return On Equity, with a value of 9.85%, BZH is in line with its industry, outperforming 48.44% of the companies in the same industry.
With a Return On Invested Capital value of 4.74%, BZH perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
BZH had an Average Return On Invested Capital over the past 3 years of 8.40%. This is below the industry average of 12.29%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.68% | ||
| ROE | 9.85% | ||
| ROIC | 4.74% |
ROA(3y)7.26%
ROA(5y)6.05%
ROE(3y)16.42%
ROE(5y)14.98%
ROIC(3y)8.4%
ROIC(5y)7.29%
1.3 Margins
With a Profit Margin value of 5.04%, BZH perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Profit Margin of BZH has grown nicely.
With a Operating Margin value of 5.26%, BZH perfoms like the industry average, outperforming 40.63% of the companies in the same industry.
In the last couple of years the Operating Margin of BZH has grown nicely.
Looking at the Gross Margin, with a value of 17.44%, BZH is doing worse than 82.81% of the companies in the same industry.
In the last couple of years the Gross Margin of BZH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.26% | ||
| PM (TTM) | 5.04% | ||
| GM | 17.44% |
OM growth 3Y-3.38%
OM growth 5Y17.22%
PM growth 3Y1.81%
PM growth 5YN/A
GM growth 3Y-1.13%
GM growth 5Y3.95%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BZH is destroying value.
The number of shares outstanding for BZH has been reduced compared to 1 year ago.
BZH has more 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 2.51. 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.
Looking at the Altman-Z score, with a value of 2.51, BZH is in line with its industry, outperforming 43.75% of the companies in the same industry.
A Debt/Equity ratio of 0.87 indicates that BZH is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.87, BZH is not doing good in the industry: 73.44% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.51 |
ROIC/WACC0.49
WACC9.66%
2.3 Liquidity
A Current Ratio of 8.95 indicates that BZH has no problem at all paying its short term obligations.
BZH's Current ratio of 8.95 is amongst the best of the industry. BZH outperforms 90.63% of its industry peers.
BZH has a Quick Ratio of 8.95. This is a bad value and indicates that BZH is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.58, BZH is not doing good in the industry: 67.19% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.95 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
The earnings per share for BZH have decreased strongly by -40.35% in the last year.
Measured over the past years, BZH shows a very strong growth in Earnings Per Share. The EPS has been growing by 43.29% on average per year.
Looking at the last year, BZH shows a small growth in Revenue. The Revenue has grown by 5.59% in the last year.
Measured over the past years, BZH shows a small growth in Revenue. The Revenue has been growing by 2.22% on average per year.
EPS 1Y (TTM)-40.35%
EPS 3Y4.23%
EPS 5Y43.29%
EPS Q2Q%-66.67%
Revenue 1Y (TTM)5.59%
Revenue growth 3Y2.87%
Revenue growth 5Y2.22%
Sales Q2Q%4.39%
3.2 Future
The Earnings Per Share is expected to grow by 8.42% on average over the next years. This is quite good.
BZH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.93% yearly.
EPS Next Y-21.37%
EPS Next 2Y8.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.88%
Revenue Next 2Y13.93%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
BZH is valuated cheaply with a Price/Earnings ratio of 6.88.
Based on the Price/Earnings ratio, BZH is valued cheaply inside the industry as 81.25% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.22, BZH is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 3.99, the valuation of BZH can be described as very cheap.
Based on the Price/Forward Earnings ratio, BZH is valued cheaply inside the industry as 92.19% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.86, BZH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.88 | ||
| Fwd PE | 3.99 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BZH.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.15 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.16
EPS Next 2Y8.42%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for BZH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
21.25
+1.72 (+8.81%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners82.52%
Inst Owner Change-0.07%
Ins Owners5.68%
Ins Owner Change4.74%
Market Cap663.00M
Analysts88.57
Price Target40.8 (92%)
Short Float %8.05%
Short Ratio5.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-21.98%
Min EPS beat(2)-67.67%
Max EPS beat(2)23.72%
EPS beat(4)3
Avg EPS beat(4)-0.67%
Min EPS beat(4)-67.67%
Max EPS beat(4)36.94%
EPS beat(8)6
Avg EPS beat(8)14.93%
EPS beat(12)10
Avg EPS beat(12)18.92%
EPS beat(16)14
Avg EPS beat(16)28.77%
Revenue beat(2)2
Avg Revenue beat(2)1.61%
Min Revenue beat(2)0.17%
Max Revenue beat(2)3.05%
Revenue beat(4)2
Avg Revenue beat(4)-1.09%
Min Revenue beat(4)-6.28%
Max Revenue beat(4)3.05%
Revenue beat(8)5
Avg Revenue beat(8)0.25%
Revenue beat(12)7
Avg Revenue beat(12)0.92%
Revenue beat(16)8
Avg Revenue beat(16)0.12%
PT rev (1m)0%
PT rev (3m)-5.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-68.93%
EPS NY rev (1m)0%
EPS NY rev (3m)-22.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-12.93%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.88 | ||
| Fwd PE | 3.99 | ||
| P/S | 0.27 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.54 | ||
| P/tB | 0.54 | ||
| EV/EBITDA | 11.15 |
EPS(TTM)3.09
EY14.54%
EPS(NY)5.33
Fwd EY25.06%
FCF(TTM)-2.99
FCFYN/A
OCF(TTM)-2.29
OCFYN/A
SpS77.32
BVpS39.55
TBVpS39.19
PEG (NY)N/A
PEG (5Y)0.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.68% | ||
| ROE | 9.85% | ||
| ROCE | 5.42% | ||
| ROIC | 4.74% | ||
| ROICexc | 4.91% | ||
| ROICexgc | 5.04% | ||
| OM | 5.26% | ||
| PM (TTM) | 5.04% | ||
| GM | 17.44% | ||
| FCFM | N/A |
ROA(3y)7.26%
ROA(5y)6.05%
ROE(3y)16.42%
ROE(5y)14.98%
ROIC(3y)8.4%
ROIC(5y)7.29%
ROICexc(3y)9.56%
ROICexc(5y)8.41%
ROICexgc(3y)9.76%
ROICexgc(5y)8.56%
ROCE(3y)9.6%
ROCE(5y)8.34%
ROICexcg growth 3Y-9.53%
ROICexcg growth 5Y14.5%
ROICexc growth 3Y-9.92%
ROICexc growth 5Y14.16%
OM growth 3Y-3.38%
OM growth 5Y17.22%
PM growth 3Y1.81%
PM growth 5YN/A
GM growth 3Y-1.13%
GM growth 5Y3.95%
F-Score3
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.46 | ||
| Cap/Depr | 131.99% | ||
| Cap/Sales | 0.91% | ||
| Interest Coverage | 1.67 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 8.95 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 2.51 |
F-Score3
WACC9.66%
ROIC/WACC0.49
Cap/Depr(3y)142.9%
Cap/Depr(5y)120.18%
Cap/Sales(3y)0.84%
Cap/Sales(5y)0.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-40.35%
EPS 3Y4.23%
EPS 5Y43.29%
EPS Q2Q%-66.67%
EPS Next Y-21.37%
EPS Next 2Y8.42%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.59%
Revenue growth 3Y2.87%
Revenue growth 5Y2.22%
Sales Q2Q%4.39%
Revenue Next Year12.88%
Revenue Next 2Y13.93%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-25.08%
EBIT growth 3Y-0.61%
EBIT growth 5Y19.83%
EBIT Next Year66.79%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-264.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-198.93%
OCF growth 3YN/A
OCF growth 5YN/A