B&C SPEAKERS SPA (BEC.MI) Stock Fundamental Analysis
Europe - BIT:BEC - IT0001268561 - Common Stock
15.2 EUR
-0.2 (-1.3%)
BEC gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 35 industry peers in the Household Durables industry. BEC gets an excellent profitability rating and is at the same time showing great financial health properties. BEC scores decently on growth, while it is valued quite cheap. This could make an interesting combination. BEC also has an excellent dividend rating. These ratings could make BEC a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
In the past year BEC was profitable.
In the past year BEC had a positive cash flow from operations.
Each year in the past 5 years BEC has been profitable.
Each year in the past 5 years BEC had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 21.88%, BEC belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
BEC has a Return On Equity of 38.43%. This is amongst the best in the industry. BEC outperforms 100.00% of its industry peers.
BEC has a Return On Invested Capital of 34.84%. This is amongst the best in the industry. BEC outperforms 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BEC is significantly above the industry average of 9.94%.
The last Return On Invested Capital (34.84%) for BEC is above the 3 year average (26.56%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.88% | ||
| ROE | 38.43% | ||
| ROIC | 34.84% |
ROA(3y)17.3%
ROA(5y)12.66%
ROE(3y)31.96%
ROE(5y)24.15%
ROIC(3y)26.56%
ROIC(5y)19.74%
1.3 Margins
BEC has a Profit Margin of 12.95%. This is amongst the best in the industry. BEC outperforms 97.06% of its industry peers.
BEC's Profit Margin has improved in the last couple of years.
BEC's Operating Margin of 19.52% is amongst the best of the industry. BEC outperforms 97.06% of its industry peers.
In the last couple of years the Operating Margin of BEC has remained more or less at the same level.
Looking at the Gross Margin, with a value of 38.18%, BEC is in line with its industry, outperforming 52.94% of the companies in the same industry.
BEC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.52% | ||
| PM (TTM) | 12.95% | ||
| GM | 38.18% |
OM growth 3Y9.42%
OM growth 5Y0.76%
PM growth 3Y17.26%
PM growth 5Y2.99%
GM growth 3Y1.29%
GM growth 5Y-0.86%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BEC is creating value.
Compared to 1 year ago, BEC has less shares outstanding
BEC has less shares outstanding than it did 5 years ago.
The debt/assets ratio for BEC has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.78 indicates that BEC is not in any danger for bankruptcy at the moment.
BEC has a Altman-Z score of 6.78. This is amongst the best in the industry. BEC outperforms 97.06% of its industry peers.
BEC has a debt to FCF ratio of 2.48. This is a good value and a sign of high solvency as BEC would need 2.48 years to pay back of all of its debts.
BEC has a better Debt to FCF ratio (2.48) than 82.35% of its industry peers.
A Debt/Equity ratio of 0.36 indicates that BEC is not too dependend on debt financing.
BEC has a better Debt to Equity ratio (0.36) than 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 2.48 | ||
| Altman-Z | 6.78 |
ROIC/WACC4.5
WACC7.74%
2.3 Liquidity
BEC has a Current Ratio of 3.42. This indicates that BEC is financially healthy and has no problem in meeting its short term obligations.
BEC's Current ratio of 3.42 is amongst the best of the industry. BEC outperforms 91.18% of its industry peers.
A Quick Ratio of 2.08 indicates that BEC has no problem at all paying its short term obligations.
The Quick ratio of BEC (2.08) is better than 97.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.42 | ||
| Quick Ratio | 2.08 |
3. Growth
3.1 Past
BEC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.88%.
Measured over the past years, BEC shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.74% on average per year.
Looking at the last year, BEC shows a small growth in Revenue. The Revenue has grown by 5.38% in the last year.
BEC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.26% yearly.
EPS 1Y (TTM)-19.88%
EPS 3Y52.14%
EPS 5Y15.74%
EPS Q2Q%-51.4%
Revenue 1Y (TTM)5.38%
Revenue growth 3Y30.43%
Revenue growth 5Y12.26%
Sales Q2Q%-1.14%
3.2 Future
The Earnings Per Share is expected to grow by 4.89% on average over the next years.
BEC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.40% yearly.
EPS Next Y8.76%
EPS Next 2Y7.73%
EPS Next 3Y4.89%
EPS Next 5YN/A
Revenue Next Year6.45%
Revenue Next 2Y5.43%
Revenue Next 3Y3.4%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
Based on the Price/Earnings ratio of 8.54, the valuation of BEC can be described as reasonable.
88.24% of the companies in the same industry are more expensive than BEC, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of BEC to the average of the S&P500 Index (25.89), we can say BEC is valued rather cheaply.
The Price/Forward Earnings ratio is 9.47, which indicates a very decent valuation of BEC.
The rest of the industry has a similar Price/Forward Earnings ratio as BEC.
The average S&P500 Price/Forward Earnings ratio is at 34.59. BEC is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.54 | ||
| Fwd PE | 9.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BEC is valued a bit cheaper than 76.47% of the companies in the same industry.
61.76% of the companies in the same industry are more expensive than BEC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.32 | ||
| EV/EBITDA | 5.47 |
4.3 Compensation for Growth
BEC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BEC has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.97
PEG (5Y)0.54
EPS Next 2Y7.73%
EPS Next 3Y4.89%
5. Dividend
5.1 Amount
BEC has a Yearly Dividend Yield of 6.49%, which is a nice return.
BEC's Dividend Yield is rather good when compared to the industry average which is at 5.17. BEC pays more dividend than 85.29% of the companies in the same industry.
BEC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.49% |
5.2 History
On average, the dividend of BEC grows each year by 7.01%, which is quite nice.
Dividend Growth(5Y)7.01%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BEC pays out 55.55% of its income as dividend. This is a bit on the high side, but may be sustainable.
BEC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP55.55%
EPS Next 2Y7.73%
EPS Next 3Y4.89%
BIT:BEC (11/14/2025, 7:00:00 PM)
15.2
-0.2 (-1.3%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners29.4%
Inst Owner ChangeN/A
Ins Owners52.73%
Ins Owner ChangeN/A
Market Cap167.20M
Revenue(TTM)151.00M
Net Income(TTM)19.56M
Analysts80
Price Target19.71 (29.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.49% |
Yearly Dividend0.7
Dividend Growth(5Y)7.01%
DP55.55%
Div Incr Years0
Div Non Decr Years0
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.54 | ||
| Fwd PE | 9.47 | ||
| P/S | 1.11 | ||
| P/FCF | 17.32 | ||
| P/OCF | 14.44 | ||
| P/B | 3.28 | ||
| P/tB | 3.48 | ||
| EV/EBITDA | 5.47 |
EPS(TTM)1.78
EY11.71%
EPS(NY)1.61
Fwd EY10.57%
FCF(TTM)0.88
FCFY5.77%
OCF(TTM)1.05
OCFY6.92%
SpS13.73
BVpS4.63
TBVpS4.36
PEG (NY)0.97
PEG (5Y)0.54
Graham Number13.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 21.88% | ||
| ROE | 38.43% | ||
| ROCE | 43.39% | ||
| ROIC | 34.84% | ||
| ROICexc | 41.82% | ||
| ROICexgc | 44.02% | ||
| OM | 19.52% | ||
| PM (TTM) | 12.95% | ||
| GM | 38.18% | ||
| FCFM | 6.39% |
ROA(3y)17.3%
ROA(5y)12.66%
ROE(3y)31.96%
ROE(5y)24.15%
ROIC(3y)26.56%
ROIC(5y)19.74%
ROICexc(3y)31.8%
ROICexc(5y)24.11%
ROICexgc(3y)33.73%
ROICexgc(5y)25.74%
ROCE(3y)32.9%
ROCE(5y)24.32%
ROICexgc growth 3Y17.34%
ROICexgc growth 5Y-0.79%
ROICexc growth 3Y18.52%
ROICexc growth 5Y-0.06%
OM growth 3Y9.42%
OM growth 5Y0.76%
PM growth 3Y17.26%
PM growth 5Y2.99%
GM growth 3Y1.29%
GM growth 5Y-0.86%
F-Score5
Asset Turnover1.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 2.48 | ||
| Debt/EBITDA | 0.57 | ||
| Cap/Depr | 67.1% | ||
| Cap/Sales | 1.28% | ||
| Interest Coverage | 20.82 | ||
| Cash Conversion | 35.78% | ||
| Profit Quality | 49.34% | ||
| Current Ratio | 3.42 | ||
| Quick Ratio | 2.08 | ||
| Altman-Z | 6.78 |
F-Score5
WACC7.74%
ROIC/WACC4.5
Cap/Depr(3y)55.55%
Cap/Depr(5y)40.71%
Cap/Sales(3y)1.4%
Cap/Sales(5y)1.24%
Profit Quality(3y)64.2%
Profit Quality(5y)115.86%
High Growth Momentum
Growth
EPS 1Y (TTM)-19.88%
EPS 3Y52.14%
EPS 5Y15.74%
EPS Q2Q%-51.4%
EPS Next Y8.76%
EPS Next 2Y7.73%
EPS Next 3Y4.89%
EPS Next 5YN/A
Revenue 1Y (TTM)5.38%
Revenue growth 3Y30.43%
Revenue growth 5Y12.26%
Sales Q2Q%-1.14%
Revenue Next Year6.45%
Revenue Next 2Y5.43%
Revenue Next 3Y3.4%
Revenue Next 5YN/A
EBIT growth 1Y5.28%
EBIT growth 3Y42.71%
EBIT growth 5Y13.11%
EBIT Next Year19.14%
EBIT Next 3Y7.76%
EBIT Next 5YN/A
FCF growth 1Y-29.27%
FCF growth 3Y96.38%
FCF growth 5Y0.44%
OCF growth 1Y-19.96%
OCF growth 3Y90.76%
OCF growth 5Y2.37%
B&C SPEAKERS SPA / BEC.MI FAQ
What is the fundamental rating for BEC stock?
ChartMill assigns a fundamental rating of 8 / 10 to BEC.MI.
Can you provide the valuation status for B&C SPEAKERS SPA?
ChartMill assigns a valuation rating of 7 / 10 to B&C SPEAKERS SPA (BEC.MI). This can be considered as Undervalued.
How profitable is B&C SPEAKERS SPA (BEC.MI) stock?
B&C SPEAKERS SPA (BEC.MI) has a profitability rating of 9 / 10.
Can you provide the financial health for BEC stock?
The financial health rating of B&C SPEAKERS SPA (BEC.MI) is 10 / 10.
Can you provide the expected EPS growth for BEC stock?
The Earnings per Share (EPS) of B&C SPEAKERS SPA (BEC.MI) is expected to grow by 8.76% in the next year.