BALCHEM CORP (BCPC) Stock Fundamental Analysis
USA - NASDAQ:BCPC - US0576652004 - Common Stock
156.75 USD
-0.24 (-0.15%)
156.75 USD
0 (0%)
Taking everything into account, BCPC scores 7 out of 10 in our fundamental rating. BCPC was compared to 82 industry peers in the Chemicals industry. BCPC scores excellent points on both the profitability and health parts. This is a solid base for a good stock. BCPC is quite expensive at the moment. It does show a decent growth rate. With these ratings, BCPC could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year BCPC was profitable.
BCPC had a positive operating cash flow in the past year.
Each year in the past 5 years BCPC has been profitable.
Each year in the past 5 years BCPC had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.98%, BCPC belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
Looking at the Return On Equity, with a value of 11.50%, BCPC belongs to the top of the industry, outperforming 80.49% of the companies in the same industry.
BCPC has a Return On Invested Capital of 10.44%. This is amongst the best in the industry. BCPC outperforms 87.80% of its industry peers.
BCPC had an Average Return On Invested Capital over the past 3 years of 8.80%. This is above the industry average of 6.13%.
The 3 year average ROIC (8.80%) for BCPC is below the current ROIC(10.44%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.98% | ||
| ROE | 11.5% | ||
| ROIC | 10.44% |
ROA(3y)7.15%
ROA(5y)7.34%
ROE(3y)10.9%
ROE(5y)10.78%
ROIC(3y)8.8%
ROIC(5y)8.82%
1.3 Margins
Looking at the Profit Margin, with a value of 14.72%, BCPC belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
BCPC's Profit Margin has improved in the last couple of years.
BCPC's Operating Margin of 20.23% is amongst the best of the industry. BCPC outperforms 86.59% of its industry peers.
BCPC's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 35.82%, BCPC is doing good in the industry, outperforming 71.95% of the companies in the same industry.
BCPC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.23% | ||
| PM (TTM) | 14.72% | ||
| GM | 35.82% |
OM growth 3Y6.43%
OM growth 5Y3.44%
PM growth 3Y3.85%
PM growth 5Y1.7%
GM growth 3Y5.02%
GM growth 5Y1.43%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BCPC is creating some value.
BCPC has more shares outstanding than it did 1 year ago.
The number of shares outstanding for BCPC has been increased compared to 5 years ago.
Compared to 1 year ago, BCPC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 10.53 indicates that BCPC is not in any danger for bankruptcy at the moment.
BCPC has a Altman-Z score of 10.53. This is amongst the best in the industry. BCPC outperforms 100.00% of its industry peers.
The Debt to FCF ratio of BCPC is 0.96, which is an excellent value as it means it would take BCPC, only 0.96 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.96, BCPC belongs to the top of the industry, outperforming 96.34% of the companies in the same industry.
BCPC has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
BCPC's Debt to Equity ratio of 0.12 is amongst the best of the industry. BCPC outperforms 90.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.96 | ||
| Altman-Z | 10.53 |
ROIC/WACC1.21
WACC8.6%
2.3 Liquidity
A Current Ratio of 2.72 indicates that BCPC has no problem at all paying its short term obligations.
BCPC has a Current ratio of 2.72. This is in the better half of the industry: BCPC outperforms 76.83% of its industry peers.
BCPC has a Quick Ratio of 1.67. This is a normal value and indicates that BCPC is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of BCPC (1.67) is better than 69.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.72 | ||
| Quick Ratio | 1.67 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 18.33% over the past year.
The Earnings Per Share has been growing slightly by 6.55% on average over the past years.
Looking at the last year, BCPC shows a small growth in Revenue. The Revenue has grown by 7.55% in the last year.
The Revenue has been growing by 8.18% on average over the past years. This is quite good.
EPS 1Y (TTM)18.33%
EPS 3Y7.05%
EPS 5Y6.55%
EPS Q2Q%19.47%
Revenue 1Y (TTM)7.55%
Revenue growth 3Y6.08%
Revenue growth 5Y8.18%
Sales Q2Q%11.51%
3.2 Future
BCPC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.22% yearly.
The Revenue is expected to grow by 5.68% on average over the next years.
EPS Next Y19.93%
EPS Next 2Y13.43%
EPS Next 3Y10.22%
EPS Next 5YN/A
Revenue Next Year8.15%
Revenue Next 2Y7.02%
Revenue Next 3Y5.68%
Revenue Next 5YN/A
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 31.54 indicates a quite expensive valuation of BCPC.
62.20% of the companies in the same industry are cheaper than BCPC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of BCPC to the average of the S&P500 Index (25.89), we can say BCPC is valued slightly more expensively.
With a Price/Forward Earnings ratio of 27.81, BCPC can be considered very expensive at the moment.
62.20% of the companies in the same industry are cheaper than BCPC, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of BCPC to the average of the S&P500 Index (34.59), we can say BCPC is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.54 | ||
| Fwd PE | 27.81 |
4.2 Price Multiples
71.95% of the companies in the same industry are cheaper than BCPC, based on the Enterprise Value to EBITDA ratio.
BCPC's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.49 | ||
| EV/EBITDA | 20.75 |
4.3 Compensation for Growth
BCPC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of BCPC may justify a higher PE ratio.
PEG (NY)1.58
PEG (5Y)4.82
EPS Next 2Y13.43%
EPS Next 3Y10.22%
5. Dividend
5.1 Amount
With a yearly dividend of 0.57%, BCPC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.96, BCPC is paying slightly less dividend.
With a Dividend Yield of 0.57, BCPC pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.57% |
5.2 History
On average, the dividend of BCPC grows each year by 11.02%, which is quite nice.
BCPC has paid a dividend for at least 10 years, which is a reliable track record.
BCPC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.02%
Div Incr Years15
Div Non Decr Years26
5.3 Sustainability
18.95% of the earnings are spent on dividend by BCPC. This is a low number and sustainable payout ratio.
BCPC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP18.95%
EPS Next 2Y13.43%
EPS Next 3Y10.22%
156.75
-0.24 (-0.15%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryChemicals
Earnings (Last)
Earnings (Next)
Inst Owners90.92%
Inst Owner Change-0.02%
Ins Owners0.44%
Ins Owner Change0.18%
Market Cap5.09B
Revenue(TTM)1.01B
Net Income(TTM)149.20M
Analysts82.5
Price Target204.68 (30.58%)
Short Float %1.35%
Short Ratio2.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.57% |
Yearly Dividend0.79
Dividend Growth(5Y)11.02%
DP18.95%
Div Incr Years15
Div Non Decr Years26
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.32%
Min EPS beat(2)-0.39%
Max EPS beat(2)1.03%
EPS beat(4)2
Avg EPS beat(4)-0.16%
Min EPS beat(4)-1.56%
Max EPS beat(4)1.03%
EPS beat(8)5
Avg EPS beat(8)0.7%
EPS beat(12)9
Avg EPS beat(12)6.39%
EPS beat(16)12
Avg EPS beat(16)8.18%
Revenue beat(2)2
Avg Revenue beat(2)0.81%
Min Revenue beat(2)0.06%
Max Revenue beat(2)1.56%
Revenue beat(4)2
Avg Revenue beat(4)-0.09%
Min Revenue beat(4)-1.94%
Max Revenue beat(4)1.56%
Revenue beat(8)3
Avg Revenue beat(8)-1.34%
Revenue beat(12)3
Avg Revenue beat(12)-2.53%
Revenue beat(16)6
Avg Revenue beat(16)-0.88%
PT rev (1m)0.17%
PT rev (3m)1.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.77%
EPS NY rev (1m)0.98%
EPS NY rev (3m)1.48%
Revenue NQ rev (1m)-0.41%
Revenue NQ rev (3m)0.49%
Revenue NY rev (1m)0.67%
Revenue NY rev (3m)1.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.54 | ||
| Fwd PE | 27.81 | ||
| P/S | 5.02 | ||
| P/FCF | 31.49 | ||
| P/OCF | 25.24 | ||
| P/B | 3.92 | ||
| P/tB | 16.21 | ||
| EV/EBITDA | 20.75 |
EPS(TTM)4.97
EY3.17%
EPS(NY)5.64
Fwd EY3.6%
FCF(TTM)4.98
FCFY3.18%
OCF(TTM)6.21
OCFY3.96%
SpS31.22
BVpS39.98
TBVpS9.67
PEG (NY)1.58
PEG (5Y)4.82
Graham Number66.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.98% | ||
| ROE | 11.5% | ||
| ROCE | 13.36% | ||
| ROIC | 10.44% | ||
| ROICexc | 10.9% | ||
| ROICexgc | 32.99% | ||
| OM | 20.23% | ||
| PM (TTM) | 14.72% | ||
| GM | 35.82% | ||
| FCFM | 15.94% |
ROA(3y)7.15%
ROA(5y)7.34%
ROE(3y)10.9%
ROE(5y)10.78%
ROIC(3y)8.8%
ROIC(5y)8.82%
ROICexc(3y)9.17%
ROICexc(5y)9.39%
ROICexgc(3y)30.05%
ROICexgc(5y)29.29%
ROCE(3y)11.26%
ROCE(5y)11.29%
ROICexgc growth 3Y4.31%
ROICexgc growth 5Y6.46%
ROICexc growth 3Y0.05%
ROICexc growth 5Y5.05%
OM growth 3Y6.43%
OM growth 5Y3.44%
PM growth 3Y3.85%
PM growth 5Y1.7%
GM growth 3Y5.02%
GM growth 5Y1.43%
F-Score8
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 0.96 | ||
| Debt/EBITDA | 0.62 | ||
| Cap/Depr | 89.16% | ||
| Cap/Sales | 3.95% | ||
| Interest Coverage | 17.51 | ||
| Cash Conversion | 80.66% | ||
| Profit Quality | 108.31% | ||
| Current Ratio | 2.72 | ||
| Quick Ratio | 1.67 | ||
| Altman-Z | 10.53 |
F-Score8
WACC8.6%
ROIC/WACC1.21
Cap/Depr(3y)80.14%
Cap/Depr(5y)76.56%
Cap/Sales(3y)4.39%
Cap/Sales(5y)4.53%
Profit Quality(3y)110.66%
Profit Quality(5y)119.6%
High Growth Momentum
Growth
EPS 1Y (TTM)18.33%
EPS 3Y7.05%
EPS 5Y6.55%
EPS Q2Q%19.47%
EPS Next Y19.93%
EPS Next 2Y13.43%
EPS Next 3Y10.22%
EPS Next 5YN/A
Revenue 1Y (TTM)7.55%
Revenue growth 3Y6.08%
Revenue growth 5Y8.18%
Sales Q2Q%11.51%
Revenue Next Year8.15%
Revenue Next 2Y7.02%
Revenue Next 3Y5.68%
Revenue Next 5YN/A
EBIT growth 1Y18.58%
EBIT growth 3Y12.89%
EBIT growth 5Y11.9%
EBIT Next Year40.84%
EBIT Next 3Y15.37%
EBIT Next 5YN/A
FCF growth 1Y37.88%
FCF growth 3Y5.93%
FCF growth 5Y8.77%
OCF growth 1Y27.59%
OCF growth 3Y4.28%
OCF growth 5Y7.89%
BALCHEM CORP / BCPC FAQ
What is the ChartMill fundamental rating of BALCHEM CORP (BCPC) stock?
ChartMill assigns a fundamental rating of 7 / 10 to BCPC.
What is the valuation status for BCPC stock?
ChartMill assigns a valuation rating of 2 / 10 to BALCHEM CORP (BCPC). This can be considered as Overvalued.
What is the profitability of BCPC stock?
BALCHEM CORP (BCPC) has a profitability rating of 9 / 10.
What are the PE and PB ratios of BALCHEM CORP (BCPC) stock?
The Price/Earnings (PE) ratio for BALCHEM CORP (BCPC) is 31.54 and the Price/Book (PB) ratio is 3.92.
How sustainable is the dividend of BALCHEM CORP (BCPC) stock?
The dividend rating of BALCHEM CORP (BCPC) is 5 / 10 and the dividend payout ratio is 18.95%.