BARCO N.V. (BAR.BR) Stock Fundamental Analysis
EBR:BAR - Euronext Brussels - BE0974362940 - Common Stock - Currency: EUR
We assign a fundamental rating of 6 out of 10 to BAR. BAR was compared to 49 industry peers in the Electronic Equipment, Instruments & Components industry. BAR has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. BAR is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
BAR had positive earnings in the past year.
In the past year BAR had a positive cash flow from operations.
BAR had positive earnings in 4 of the past 5 years.
Of the past 5 years BAR 4 years had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 6.91%, BAR belongs to the best of the industry, outperforming 87.76% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.08%, BAR is in the better half of the industry, outperforming 79.59% of the companies in the same industry.
BAR has a Return On Invested Capital of 9.08%. This is amongst the best in the industry. BAR outperforms 83.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BAR is in line with the industry average of 7.79%.
The last Return On Invested Capital (9.08%) for BAR is above the 3 year average (6.03%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.91% | ||
| ROE | 10.08% | ||
| ROIC | 9.08% |
ROA(3y)4.76%
ROA(5y)4.39%
ROE(3y)7.09%
ROE(5y)6.84%
ROIC(3y)6.03%
ROIC(5y)5.89%
1.3 Margins
BAR has a Profit Margin of 7.63%. This is amongst the best in the industry. BAR outperforms 91.84% of its industry peers.
In the last couple of years the Profit Margin of BAR has remained more or less at the same level.
Looking at the Operating Margin, with a value of 9.72%, BAR belongs to the top of the industry, outperforming 87.76% of the companies in the same industry.
In the last couple of years the Operating Margin of BAR has remained more or less at the same level.
The Gross Margin of BAR (41.76%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of BAR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.72% | ||
| PM (TTM) | 7.63% | ||
| GM | 41.76% |
OM growth 3Y93.55%
OM growth 5Y1.3%
PM growth 3YN/A
PM growth 5Y0.93%
GM growth 3Y4.26%
GM growth 5Y0.79%
2. Health
2.1 Basic Checks
BAR has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for BAR has been reduced compared to 1 year ago.
Compared to 5 years ago, BAR has more shares outstanding
BAR has a worse debt/assets ratio than last year.
2.2 Solvency
BAR has an Altman-Z score of 4.29. This indicates that BAR is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of BAR (4.29) is better than 83.67% of its industry peers.
The Debt to FCF ratio of BAR is 1.24, which is an excellent value as it means it would take BAR, only 1.24 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.24, BAR belongs to the top of the industry, outperforming 89.80% of the companies in the same industry.
BAR has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.05, BAR belongs to the best of the industry, outperforming 89.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 1.24 | ||
| Altman-Z | 4.29 |
ROIC/WACC1.2
WACC7.55%
2.3 Liquidity
A Current Ratio of 3.11 indicates that BAR has no problem at all paying its short term obligations.
BAR has a better Current ratio (3.11) than 89.80% of its industry peers.
A Quick Ratio of 2.16 indicates that BAR has no problem at all paying its short term obligations.
BAR has a better Quick ratio (2.16) than 91.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.11 | ||
| Quick Ratio | 2.16 |
3. Growth
3.1 Past
BAR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -34.33%.
BAR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.59% yearly.
Looking at the last year, BAR shows a very negative growth in Revenue. The Revenue has decreased by -12.91% in the last year.
BAR shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.42% yearly.
EPS 1Y (TTM)-34.33%
EPS 3YN/A
EPS 5Y0.59%
EPS Q2Q%-72.22%
Revenue 1Y (TTM)-12.91%
Revenue growth 3Y10.89%
Revenue growth 5Y0.42%
Sales Q2Q%-16.59%
3.2 Future
BAR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.33% yearly.
Based on estimates for the next years, BAR will show a small growth in Revenue. The Revenue will grow by 1.58% on average per year.
EPS Next Y-37.33%
EPS Next 2Y-6.43%
EPS Next 3Y-0.77%
EPS Next 5Y2.33%
Revenue Next Year-8.36%
Revenue Next 2Y-2.2%
Revenue Next 3Y-0.26%
Revenue Next 5Y1.58%
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.
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
With a Price/Earnings ratio of 18.82, BAR is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of BAR indicates a somewhat cheap valuation: BAR is cheaper than 71.43% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 29.35, BAR is valued a bit cheaper.
With a Price/Forward Earnings ratio of 13.53, BAR is valued correctly.
67.35% of the companies in the same industry are more expensive than BAR, based on the Price/Forward Earnings ratio.
BAR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.82 | ||
| Fwd PE | 13.53 |
4.2 Price Multiples
65.31% of the companies in the same industry are more expensive than BAR, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as BAR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.13 | ||
| EV/EBITDA | 7.8 |
4.3 Compensation for Growth
The decent profitability rating of BAR may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)31.79
EPS Next 2Y-6.43%
EPS Next 3Y-0.77%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.05%, BAR has a reasonable but not impressive dividend return.
BAR's Dividend Yield is a higher than the industry average which is at 3.31.
Compared to an average S&P500 Dividend Yield of 2.33, BAR pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
5.2 History
On average, the dividend of BAR grows each year by 8.08%, which is quite nice.
Dividend Growth(5Y)8.08%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
BAR pays out 49.65% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of BAR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP49.65%
EPS Next 2Y-6.43%
EPS Next 3Y-0.77%
EBR:BAR (3/7/2025, 7:00:00 PM)
11.67
-0.02 (-0.17%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners20.95%
Inst Owner ChangeN/A
Ins Owners25.25%
Ins Owner ChangeN/A
Market Cap1.08B
Analysts72.73
Price Target12.96 (11.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
Yearly Dividend0.44
Dividend Growth(5Y)8.08%
DP49.65%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.28%
PT rev (3m)-0.84%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.51%
EPS NY rev (3m)-1.65%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.43%
Revenue NY rev (3m)-1.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.82 | ||
| Fwd PE | 13.53 | ||
| P/S | 1.03 | ||
| P/FCF | 27.13 | ||
| P/OCF | 11.49 | ||
| P/B | 1.36 | ||
| P/tB | 1.6 | ||
| EV/EBITDA | 7.8 |
EPS(TTM)0.62
EY5.31%
EPS(NY)0.86
Fwd EY7.39%
FCF(TTM)0.43
FCFY3.69%
OCF(TTM)1.02
OCFY8.7%
SpS11.3
BVpS8.56
TBVpS7.29
PEG (NY)N/A
PEG (5Y)31.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.91% | ||
| ROE | 10.08% | ||
| ROCE | 11.14% | ||
| ROIC | 9.08% | ||
| ROICexc | 9.17% | ||
| ROICexgc | 10.53% | ||
| OM | 9.72% | ||
| PM (TTM) | 7.63% | ||
| GM | 41.76% | ||
| FCFM | 3.81% |
ROA(3y)4.76%
ROA(5y)4.39%
ROE(3y)7.09%
ROE(5y)6.84%
ROIC(3y)6.03%
ROIC(5y)5.89%
ROICexc(3y)9.2%
ROICexc(5y)9.59%
ROICexgc(3y)11.63%
ROICexgc(5y)12.91%
ROCE(3y)7.38%
ROCE(5y)7.2%
ROICexcg growth 3Y104.89%
ROICexcg growth 5Y-14.98%
ROICexc growth 3Y108.85%
ROICexc growth 5Y-8.92%
OM growth 3Y93.55%
OM growth 5Y1.3%
PM growth 3YN/A
PM growth 5Y0.93%
GM growth 3Y4.26%
GM growth 5Y0.79%
F-Score8
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 1.24 | ||
| Debt/EBITDA | 0.26 | ||
| Cap/Depr | 134.71% | ||
| Cap/Sales | 5.18% | ||
| Interest Coverage | 55.8 | ||
| Cash Conversion | 66.23% | ||
| Profit Quality | 49.86% | ||
| Current Ratio | 3.11 | ||
| Quick Ratio | 2.16 | ||
| Altman-Z | 4.29 |
F-Score8
WACC7.55%
ROIC/WACC1.2
Cap/Depr(3y)80.37%
Cap/Depr(5y)64.51%
Cap/Sales(3y)3.17%
Cap/Sales(5y)2.67%
Profit Quality(3y)323.06%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-34.33%
EPS 3YN/A
EPS 5Y0.59%
EPS Q2Q%-72.22%
EPS Next Y-37.33%
EPS Next 2Y-6.43%
EPS Next 3Y-0.77%
EPS Next 5Y2.33%
Revenue 1Y (TTM)-12.91%
Revenue growth 3Y10.89%
Revenue growth 5Y0.42%
Sales Q2Q%-16.59%
Revenue Next Year-8.36%
Revenue Next 2Y-2.2%
Revenue Next 3Y-0.26%
Revenue Next 5Y1.58%
EBIT growth 1Y13.27%
EBIT growth 3Y114.63%
EBIT growth 5Y1.72%
EBIT Next Year3.2%
EBIT Next 3Y10.68%
EBIT Next 5Y6.22%
FCF growth 1Y507.29%
FCF growth 3YN/A
FCF growth 5Y-9.07%
OCF growth 1Y239.5%
OCF growth 3YN/A
OCF growth 5Y0.97%