BLOOM ENERGY CORP- A (BE) Stock Fundamental Analysis
NYSE:BE - New York Stock Exchange, Inc. - US0937121079 - Common Stock - Currency: USD
Taking everything into account, BE scores 4 out of 10 in our fundamental rating. BE was compared to 93 industry peers in the Electrical Equipment industry. BE has an average financial health and profitability rating. BE has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
BE had positive earnings in the past year.
BE had a positive operating cash flow in the past year.
In the past 5 years BE always reported negative net income.
BE had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
BE has a better Return On Assets (-1.10%) than 63.44% of its industry peers.
BE has a better Return On Equity (-5.20%) than 63.44% of its industry peers.
Looking at the Return On Invested Capital, with a value of 0.90%, BE is in the better half of the industry, outperforming 63.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.1% | ||
| ROE | -5.2% | ||
| ROIC | 0.9% |
ROA(3y)-9.7%
ROA(5y)-9.89%
ROE(3y)-51.27%
ROE(5y)-90.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
BE has a better Operating Margin (1.55%) than 64.52% of its industry peers.
Looking at the Gross Margin, with a value of 27.46%, BE is in the better half of the industry, outperforming 64.52% of the companies in the same industry.
In the last couple of years the Gross Margin of BE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.55% | ||
| PM (TTM) | N/A | ||
| GM | 27.46% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.54%
GM growth 5Y17.17%
2. Health
2.1 Basic Checks
BE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, BE has more shares outstanding
BE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BE has been reduced compared to a year ago.
2.2 Solvency
BE has an Altman-Z score of 0.69. This is a bad value and indicates that BE is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of BE (0.69) is comparable to the rest of the industry.
BE has a debt to FCF ratio of 41.88. This is a negative value and a sign of low solvency as BE would need 41.88 years to pay back of all of its debts.
BE has a Debt to FCF ratio of 41.88. This is in the better half of the industry: BE outperforms 64.52% of its industry peers.
A Debt/Equity ratio of 2.24 is on the high side and indicates that BE has dependencies on debt financing.
The Debt to Equity ratio of BE (2.24) is worse than 77.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.24 | ||
| Debt/FCF | 41.88 | ||
| Altman-Z | 0.69 |
ROIC/WACC0.11
WACC7.81%
2.3 Liquidity
BE has a Current Ratio of 3.21. This indicates that BE is financially healthy and has no problem in meeting its short term obligations.
BE has a better Current ratio (3.21) than 80.65% of its industry peers.
BE has a Quick Ratio of 2.35. This indicates that BE is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.35, BE belongs to the top of the industry, outperforming 82.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.21 | ||
| Quick Ratio | 2.35 |
3. Growth
3.1 Past
BE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 211.76%, which is quite impressive.
Looking at the last year, BE shows a quite strong growth in Revenue. The Revenue has grown by 10.52% in the last year.
BE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.42% yearly.
EPS 1Y (TTM)211.76%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%514.29%
Revenue 1Y (TTM)10.52%
Revenue growth 3Y14.88%
Revenue growth 5Y13.42%
Sales Q2Q%60.37%
3.2 Future
Based on estimates for the next years, BE will show a very strong growth in Earnings Per Share. The EPS will grow by 35.42% on average per year.
BE is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.30% yearly.
EPS Next Y113.82%
EPS Next 2Y102.63%
EPS Next 3Y87.71%
EPS Next 5Y35.42%
Revenue Next Year21.66%
Revenue Next 2Y21.26%
Revenue Next 3Y21.87%
Revenue Next 5Y14.3%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
BE is valuated quite expensively with a Price/Earnings ratio of 121.47.
67.74% of the companies in the same industry are more expensive than BE, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 29.35. BE is valued rather expensively when compared to this.
BE is valuated quite expensively with a Price/Forward Earnings ratio of 56.81.
Based on the Price/Forward Earnings ratio, BE is valued a bit cheaper than 66.67% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.10. BE is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 121.47 | ||
| Fwd PE | 56.81 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BE indicates a somewhat cheap valuation: BE is cheaper than 62.37% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BE indicates a somewhat cheap valuation: BE is cheaper than 64.52% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 160.43 | ||
| EV/EBITDA | 77.7 |
4.3 Compensation for Growth
BE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
BE's earnings are expected to grow with 87.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.07
PEG (5Y)N/A
EPS Next 2Y102.63%
EPS Next 3Y87.71%
5. Dividend
5.1 Amount
BE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
23.08
+0.69 (+3.08%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners85.53%
Inst Owner Change4.39%
Ins Owners3.02%
Ins Owner Change4.13%
Market Cap5.32B
Analysts73.55
Price Target25.62 (11.01%)
Short Float %23.09%
Short Ratio7.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP-5.02%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-36.19%
Min EPS beat(2)-111.83%
Max EPS beat(2)39.45%
EPS beat(4)1
Avg EPS beat(4)-39.18%
Min EPS beat(4)-111.83%
Max EPS beat(4)39.45%
EPS beat(8)2
Avg EPS beat(8)27.59%
EPS beat(12)3
Avg EPS beat(12)-8.93%
EPS beat(16)4
Avg EPS beat(16)-35.07%
Revenue beat(2)1
Avg Revenue beat(2)-3.37%
Min Revenue beat(2)-16.08%
Max Revenue beat(2)9.33%
Revenue beat(4)2
Avg Revenue beat(4)-2.36%
Min Revenue beat(4)-16.08%
Max Revenue beat(4)9.33%
Revenue beat(8)4
Avg Revenue beat(8)-4.46%
Revenue beat(12)7
Avg Revenue beat(12)-2.25%
Revenue beat(16)8
Avg Revenue beat(16)-3.15%
PT rev (1m)1.4%
PT rev (3m)26.79%
EPS NQ rev (1m)-1.05%
EPS NQ rev (3m)-58.6%
EPS NY rev (1m)1.62%
EPS NY rev (3m)4.65%
Revenue NQ rev (1m)-0.66%
Revenue NQ rev (3m)-4.24%
Revenue NY rev (1m)2.43%
Revenue NY rev (3m)1.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 121.47 | ||
| Fwd PE | 56.81 | ||
| P/S | 3.61 | ||
| P/FCF | 160.43 | ||
| P/OCF | 57.8 | ||
| P/B | 9.45 | ||
| P/tB | 9.45 | ||
| EV/EBITDA | 77.7 |
EPS(TTM)0.19
EY0.82%
EPS(NY)0.41
Fwd EY1.76%
FCF(TTM)0.14
FCFY0.62%
OCF(TTM)0.4
OCFY1.73%
SpS6.4
BVpS2.44
TBVpS2.44
PEG (NY)1.07
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.1% | ||
| ROE | -5.2% | ||
| ROCE | 1.13% | ||
| ROIC | 0.9% | ||
| ROICexc | 1.49% | ||
| ROICexgc | 1.49% | ||
| OM | 1.55% | ||
| PM (TTM) | N/A | ||
| GM | 27.46% | ||
| FCFM | 2.25% |
ROA(3y)-9.7%
ROA(5y)-9.89%
ROE(3y)-51.27%
ROE(5y)-90.79%
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 3Y10.54%
GM growth 5Y17.17%
F-Score6
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.24 | ||
| Debt/FCF | 41.88 | ||
| Debt/EBITDA | 16.6 | ||
| Cap/Depr | 110.94% | ||
| Cap/Sales | 3.99% | ||
| Interest Coverage | 0.41 | ||
| Cash Conversion | 121.12% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.21 | ||
| Quick Ratio | 2.35 | ||
| Altman-Z | 0.69 |
F-Score6
WACC7.81%
ROIC/WACC0.11
Cap/Depr(3y)144.77%
Cap/Depr(5y)119.97%
Cap/Sales(3y)6.67%
Cap/Sales(5y)5.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)211.76%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%514.29%
EPS Next Y113.82%
EPS Next 2Y102.63%
EPS Next 3Y87.71%
EPS Next 5Y35.42%
Revenue 1Y (TTM)10.52%
Revenue growth 3Y14.88%
Revenue growth 5Y13.42%
Sales Q2Q%60.37%
Revenue Next Year21.66%
Revenue Next 2Y21.26%
Revenue Next 3Y21.87%
Revenue Next 5Y14.3%
EBIT growth 1Y111.36%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year417.51%
EBIT Next 3Y128.31%
EBIT Next 5Y65.92%
FCF growth 1Y107.27%
FCF growth 3YN/A
FCF growth 5Y-21.71%
OCF growth 1Y124.7%
OCF growth 3YN/A
OCF growth 5Y-10.9%