BERTRANDT AG (BDT.DE) Stock Fundamental Analysis
FRA:BDT - Deutsche Boerse Ag - DE0005232805 - Common Stock - Currency: EUR
Overall BDT gets a fundamental rating of 4 out of 10. We evaluated BDT against 30 industry peers in the Professional Services industry. The financial health of BDT is average, but there are quite some concerns on its profitability. BDT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BDT has reported negative net income.
BDT had a positive operating cash flow in the past year.
BDT had positive earnings in 4 of the past 5 years.
In the past 5 years BDT always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of BDT (-8.77%) is worse than 85.19% of its industry peers.
With a Return On Equity value of -21.22%, BDT is not doing good in the industry: 85.19% 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
BDT has a Gross Margin of 87.11%. This is in the better half of the industry: BDT outperforms 77.78% of its industry peers.
BDT's Gross Margin has been stable in the last couple of years.
BDT does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| 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.
Compared to 1 year ago, BDT has about the same amount of shares outstanding.
BDT has about the same amout of shares outstanding than it did 5 years ago.
BDT has a worse debt/assets ratio than last year.
2.2 Solvency
BDT has an Altman-Z score of 2.15. 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 (2.15) is worse than 62.96% of its industry peers.
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.
With a Debt to FCF ratio value of 5.33, BDT is not doing good in the industry: 62.96% of the companies in the same industry are doing better.
BDT has a Debt/Equity ratio of 0.75. This is a neutral value indicating 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 55.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 5.33 | ||
| Altman-Z | 2.15 |
ROIC/WACCN/A
WACC4.86%
2.3 Liquidity
BDT has a Current Ratio of 2.16. This indicates that BDT is financially healthy and has no problem in meeting its short term obligations.
BDT has a better Current ratio (2.16) than 96.30% of its industry peers.
BDT has a Quick Ratio of 2.16. This indicates that BDT is financially healthy and has no problem in meeting its short term obligations.
BDT has a Quick ratio of 2.16. This is amongst the best in the industry. BDT outperforms 96.30% 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 -353.42%.
The Revenue has been growing slightly by 2.49% in the past year.
The Revenue has been growing slightly by 2.30% on average over the past years.
EPS 1Y (TTM)-353.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-800.39%
Revenue 1Y (TTM)2.49%
Revenue growth 3Y11.92%
Revenue growth 5Y2.3%
Sales Q2Q%-11.36%
3.2 Future
The Earnings Per Share is expected to grow by 55.72% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 3.65% on average over the next years.
EPS Next Y143.98%
EPS Next 2Y72.57%
EPS Next 3Y55.72%
EPS Next 5YN/A
Revenue Next Year-2.84%
Revenue Next 2Y0.85%
Revenue Next 3Y1.2%
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 5.99.
Based on the Price/Forward Earnings ratio, BDT is valued cheaper than 96.30% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 92.74. BDT is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.99 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BDT indicates a rather expensive valuation: BDT more expensive than 81.48% of the companies listed in the same industry.
92.59% of the companies in the same industry are more expensive than BDT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.4 | ||
| EV/EBITDA | 26.94 |
4.3 Compensation for Growth
BDT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BDT's earnings are expected to grow with 55.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y72.57%
EPS Next 3Y55.72%
5. Dividend
5.1 Amount
BDT has a Yearly Dividend Yield of 1.30%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.85, BDT has a dividend in line with its industry peers.
With a Dividend Yield of 1.30, BDT pays less dividend than the S&P500 average, which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
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
BDT has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-15.71%
EPS Next 2Y72.57%
EPS Next 3Y55.72%
BERTRANDT AG
FRA:BDT (2/5/2025, 10:05:52 AM)
19.3
-0.45 (-2.28%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners26.93%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap195.70M
Analysts74.55
Price Target29.29 (51.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
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)0%
PT rev (3m)-15.9%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)4.42%
EPS NY rev (3m)-8.67%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-5.97%
Revenue NY rev (3m)-8.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.99 | ||
| P/S | 0.17 | ||
| P/FCF | 3.4 | ||
| P/OCF | 2.55 | ||
| P/B | 0.54 | ||
| P/tB | 0.63 | ||
| EV/EBITDA | 26.94 |
EPS(TTM)-7.64
EYN/A
EPS(NY)3.22
Fwd EY16.69%
FCF(TTM)5.68
FCFY29.42%
OCF(TTM)7.58
OCFY39.29%
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 | 2.15 |
F-Score3
WACC4.86%
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)-353.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-800.39%
EPS Next Y143.98%
EPS Next 2Y72.57%
EPS Next 3Y55.72%
EPS Next 5YN/A
Revenue 1Y (TTM)2.49%
Revenue growth 3Y11.92%
Revenue growth 5Y2.3%
Sales Q2Q%-11.36%
Revenue Next Year-2.84%
Revenue Next 2Y0.85%
Revenue Next 3Y1.2%
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%