BERTRANDT AG (BDT.DE) Stock Fundamental Analysis
FRA:BDT - Deutsche Boerse Ag - DE0005232805 - Common Stock - Currency: EUR
Taking everything into account, BDT scores 3 out of 10 in our fundamental rating. BDT was compared to 30 industry peers in the Professional Services industry. BDT scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. BDT has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BDT has reported negative net income.
In the past year BDT had a positive cash flow from operations.
BDT had positive earnings in 4 of the past 5 years.
Each year in the past 5 years BDT had a positive operating cash flow.
1.2 Ratios
The Return On Assets of BDT (-8.77%) is worse than 82.76% of its industry peers.
With a Return On Equity value of -21.22%, BDT is not doing good in the industry: 82.76% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.77% | ||
| ROE | -21.22% | ||
| ROIC | N/A |
ROA(3y)-1.13%
ROA(5y)-0.45%
ROE(3y)-3.21%
ROE(5y)-1.4%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of BDT (87.11%) is better than 79.31% of its industry peers.
In the last couple of years the Gross Margin of BDT has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for BDT so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 87.11% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.74%
GM growth 5Y-0.63%
2. Health
2.1 Basic Checks
BDT does not have a ROIC to compare to the WACC, probably because it is not profitable.
BDT has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for BDT remains at a similar level compared to 5 years ago.
The debt/assets ratio for BDT is higher compared to a year ago.
2.2 Solvency
BDT has an Altman-Z score of 2.23. This is not the best score and indicates that BDT is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of BDT (2.23) is comparable to the rest of the industry.
The Debt to FCF ratio of BDT is 5.33, which is a neutral value as it means it would take BDT, 5.33 years of fcf income to pay off all of its debts.
BDT has a Debt to FCF ratio of 5.33. This is comparable to the rest of the industry: BDT outperforms 44.83% of its industry peers.
A Debt/Equity ratio of 0.75 indicates that BDT is somewhat dependend on debt financing.
BDT has a Debt to Equity ratio of 0.75. This is comparable to the rest of the industry: BDT outperforms 55.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 5.33 | ||
| Altman-Z | 2.23 |
ROIC/WACCN/A
WACC5.1%
2.3 Liquidity
A Current Ratio of 2.16 indicates that BDT has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.16, BDT belongs to the top of the industry, outperforming 96.55% of the companies in the same industry.
A Quick Ratio of 2.16 indicates that BDT has no problem at all paying its short term obligations.
The Quick ratio of BDT (2.16) is better than 96.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.16 | ||
| Quick Ratio | 2.16 |
3. Growth
3.1 Past
BDT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -376.17%.
BDT shows a decrease in Revenue. In the last year, the revenue decreased by -3.48%.
The Revenue has been growing slightly by 2.30% on average over the past years.
EPS 1Y (TTM)-376.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-145.92%
Revenue 1Y (TTM)-3.48%
Revenue growth 3Y11.92%
Revenue growth 5Y2.3%
Sales Q2Q%-13.64%
3.2 Future
Based on estimates for the next years, BDT will show a very strong growth in Earnings Per Share. The EPS will grow by 56.92% on average per year.
BDT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.65% yearly.
EPS Next Y-36.01%
EPS Next 2Y85.19%
EPS Next 3Y56.92%
EPS Next 5YN/A
Revenue Next Year-4.46%
Revenue Next 2Y-0.08%
Revenue Next 3Y1.04%
Revenue Next 5Y3.65%
3.3 Evolution
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
BDT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
BDT is valuated cheaply with a Price/Forward Earnings ratio of 5.87.
Based on the Price/Forward Earnings ratio, BDT is valued cheaply inside the industry as 96.55% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, BDT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.87 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BDT indicates a slightly more expensive valuation: BDT is more expensive than 75.86% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, BDT is valued cheaply inside the industry as 96.55% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.68 | ||
| EV/EBITDA | 31.91 |
4.3 Compensation for Growth
BDT's earnings are expected to grow with 56.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y85.19%
EPS Next 3Y56.92%
5. Dividend
5.1 Amount
BDT has a yearly dividend return of 0.94%, which is pretty low.
Compared to an average industry Dividend Yield of 2.84, BDT has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, BDT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
5.2 History
The dividend of BDT decreases each year by -9.71%.
Dividend Growth(5Y)-9.71%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
The earnings of BDT are negative and hence is the payout ratio. BDT will probably not be able to sustain this dividend level.
DP-15.71%
EPS Next 2Y85.19%
EPS Next 3Y56.92%
FRA:BDT (3/7/2025, 7:00:00 PM)
26.6
+0.1 (+0.38%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners25.48%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap269.72M
Analysts81.82
Price Target30.73 (15.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
Yearly Dividend1.2
Dividend Growth(5Y)-9.71%
DP-15.71%
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)4.91%
PT rev (3m)-9.11%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-73.77%
EPS NY rev (3m)-72.61%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.67%
Revenue NY rev (3m)-7.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.87 | ||
| P/S | 0.23 | ||
| P/FCF | 4.68 | ||
| P/OCF | 3.51 | ||
| P/B | 0.74 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 31.91 |
EPS(TTM)-8.78
EYN/A
EPS(NY)4.53
Fwd EY17.03%
FCF(TTM)5.68
FCFY21.35%
OCF(TTM)7.58
OCFY28.5%
SpS116.92
BVpS35.87
TBVpS30.75
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.77% | ||
| ROE | -21.22% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 87.11% | ||
| FCFM | 4.86% |
ROA(3y)-1.13%
ROA(5y)-0.45%
ROE(3y)-3.21%
ROE(5y)-1.4%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.74%
GM growth 5Y-0.63%
F-Score3
Asset Turnover1.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 5.33 | ||
| Debt/EBITDA | 19.53 | ||
| Cap/Depr | 17.23% | ||
| Cap/Sales | 1.63% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 549.96% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.16 | ||
| Quick Ratio | 2.16 | ||
| Altman-Z | 2.23 |
F-Score3
WACC5.1%
ROIC/WACCN/A
Cap/Depr(3y)39.53%
Cap/Depr(5y)56.28%
Cap/Sales(3y)2.33%
Cap/Sales(5y)3.43%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-376.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-145.92%
EPS Next Y-36.01%
EPS Next 2Y85.19%
EPS Next 3Y56.92%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.48%
Revenue growth 3Y11.92%
Revenue growth 5Y2.3%
Sales Q2Q%-13.64%
Revenue Next Year-4.46%
Revenue Next 2Y-0.08%
Revenue Next 3Y1.04%
Revenue Next 5Y3.65%
EBIT growth 1Y-295.78%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1077.17%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y378.06%
FCF growth 3Y17.64%
FCF growth 5Y51.24%
OCF growth 1Y99.91%
OCF growth 3Y1.44%
OCF growth 5Y1.24%