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 5 out of 10 in our fundamental rating. BE was compared to 94 industry peers in the Electrical Equipment industry. BE has an average financial health and profitability rating. BE is growing strongly while it is still valued neutral. This is a good combination!
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.
In the past 5 years BE reported 4 times negative operating cash flow.
1.2 Ratios
BE has a Return On Assets of 0.17%. This is in the better half of the industry: BE outperforms 69.15% of its industry peers.
BE has a better Return On Equity (0.78%) than 69.15% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.06%, BE is in the better half of the industry, outperforming 64.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.17% | ||
| ROE | 0.78% | ||
| ROIC | 2.06% |
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 Profit Margin (0.29%) than 69.15% of its industry peers.
BE has a better Operating Margin (3.38%) than 70.21% of its industry peers.
BE has a better Gross Margin (29.10%) than 68.09% of its industry peers.
BE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.38% | ||
| PM (TTM) | 0.29% | ||
| GM | 29.1% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BE is destroying value.
Compared to 1 year ago, BE has more shares outstanding
The number of shares outstanding for BE has been increased compared to 5 years ago.
BE has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.77, we must say that BE is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 0.77, BE perfoms like the industry average, outperforming 51.06% of the companies in the same industry.
BE has a debt to FCF ratio of 18.02. This is a negative value and a sign of low solvency as BE would need 18.02 years to pay back of all of its debts.
BE has a Debt to FCF ratio of 18.02. This is in the better half of the industry: BE outperforms 65.96% of its industry peers.
A Debt/Equity ratio of 2.16 is on the high side and indicates that BE has dependencies on debt financing.
The Debt to Equity ratio of BE (2.16) is worse than 77.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.16 | ||
| Debt/FCF | 18.02 | ||
| Altman-Z | 0.77 |
ROIC/WACC0.21
WACC9.65%
2.3 Liquidity
BE has a Current Ratio of 3.44. This indicates that BE is financially healthy and has no problem in meeting its short term obligations.
BE has a better Current ratio (3.44) than 79.79% of its industry peers.
BE has a Quick Ratio of 2.39. This indicates that BE is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of BE (2.39) is better than 79.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.44 | ||
| Quick Ratio | 2.39 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 425.00% over the past year.
Looking at the last year, BE shows a very strong growth in Revenue. The Revenue has grown by 20.95%.
Measured over the past years, BE shows a quite strong growth in Revenue. The Revenue has been growing by 13.42% on average per year.
EPS 1Y (TTM)425%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%117.65%
Revenue 1Y (TTM)20.95%
Revenue growth 3Y14.88%
Revenue growth 5Y13.42%
Sales Q2Q%38.56%
3.2 Future
The Earnings Per Share is expected to grow by 40.22% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 16.36% on average over the next years. This is quite good.
EPS Next Y143.54%
EPS Next 2Y105.43%
EPS Next 3Y91.48%
EPS Next 5Y40.22%
Revenue Next Year23.45%
Revenue Next 2Y21.6%
Revenue Next 3Y21.66%
Revenue Next 5Y16.36%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 62.15 indicates a quite expensive valuation of BE.
BE's Price/Earnings ratio is a bit cheaper when compared to the industry. BE is cheaper than 70.21% of the companies in the same industry.
BE is valuated expensively when we compare the Price/Earnings ratio to 27.28, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 30.23, which means the current valuation is very expensive for BE.
70.21% of the companies in the same industry are more expensive than BE, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, BE is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 62.15 | ||
| Fwd PE | 30.23 |
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 65.96% of the companies listed in the same industry.
65.96% of the companies in the same industry are more expensive than BE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 73.2 | ||
| EV/EBITDA | 55.32 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BE's earnings are expected to grow with 91.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.43
PEG (5Y)N/A
EPS Next 2Y105.43%
EPS Next 3Y91.48%
5. Dividend
5.1 Amount
BE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
24.24
+1.68 (+7.45%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners91.67%
Inst Owner Change8.5%
Ins Owners2.87%
Ins Owner Change2.1%
Market Cap5.63B
Analysts73.94
Price Target24.03 (-0.87%)
Short Float %24.14%
Short Ratio8.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.01
Dividend Growth(5Y)N/A
DP32.75%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)91.1%
Min EPS beat(2)39.45%
Max EPS beat(2)142.76%
EPS beat(4)2
Avg EPS beat(4)9.8%
Min EPS beat(4)-111.83%
Max EPS beat(4)142.76%
EPS beat(8)3
Avg EPS beat(8)47.16%
EPS beat(12)4
Avg EPS beat(12)20.69%
EPS beat(16)4
Avg EPS beat(16)-26.55%
Revenue beat(2)2
Avg Revenue beat(2)7.97%
Min Revenue beat(2)7.71%
Max Revenue beat(2)8.23%
Revenue beat(4)3
Avg Revenue beat(4)1.47%
Min Revenue beat(4)-16.08%
Max Revenue beat(4)8.23%
Revenue beat(8)4
Avg Revenue beat(8)-3.96%
Revenue beat(12)8
Avg Revenue beat(12)-0.88%
Revenue beat(16)9
Avg Revenue beat(16)-2.13%
PT rev (1m)-2.83%
PT rev (3m)-6.19%
EPS NQ rev (1m)-18.2%
EPS NQ rev (3m)49.07%
EPS NY rev (1m)-2.54%
EPS NY rev (3m)13.9%
Revenue NQ rev (1m)-0.31%
Revenue NQ rev (3m)-2.52%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)1.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 62.15 | ||
| Fwd PE | 30.23 | ||
| P/S | 3.6 | ||
| P/FCF | 73.2 | ||
| P/OCF | 43.78 | ||
| P/B | 9.73 | ||
| P/tB | 9.73 | ||
| EV/EBITDA | 55.32 |
EPS(TTM)0.39
EY1.61%
EPS(NY)0.8
Fwd EY3.31%
FCF(TTM)0.33
FCFY1.37%
OCF(TTM)0.55
OCFY2.28%
SpS6.74
BVpS2.49
TBVpS2.49
PEG (NY)0.43
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.17% | ||
| ROE | 0.78% | ||
| ROCE | 2.61% | ||
| ROIC | 2.06% | ||
| ROICexc | 3.4% | ||
| ROICexgc | 3.4% | ||
| OM | 3.38% | ||
| PM (TTM) | 0.29% | ||
| GM | 29.1% | ||
| FCFM | 4.92% |
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-Score7
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.16 | ||
| Debt/FCF | 18.02 | ||
| Debt/EBITDA | 11.85 | ||
| Cap/Depr | 98.4% | ||
| Cap/Sales | 3.3% | ||
| Interest Coverage | 1.03 | ||
| Cash Conversion | 122.03% | ||
| Profit Quality | 1715.5% | ||
| Current Ratio | 3.44 | ||
| Quick Ratio | 2.39 | ||
| Altman-Z | 0.77 |
F-Score7
WACC9.65%
ROIC/WACC0.21
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)425%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%117.65%
EPS Next Y143.54%
EPS Next 2Y105.43%
EPS Next 3Y91.48%
EPS Next 5Y40.22%
Revenue 1Y (TTM)20.95%
Revenue growth 3Y14.88%
Revenue growth 5Y13.42%
Sales Q2Q%38.56%
Revenue Next Year23.45%
Revenue Next 2Y21.6%
Revenue Next 3Y21.66%
Revenue Next 5Y16.36%
EBIT growth 1Y128.25%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year319.18%
EBIT Next 3Y111.11%
EBIT Next 5Y64.04%
FCF growth 1Y114.27%
FCF growth 3YN/A
FCF growth 5Y-21.71%
OCF growth 1Y131.06%
OCF growth 3YN/A
OCF growth 5Y-10.9%