BENETEAU (BEN.PA) Stock Fundamental Analysis
EPA:BEN - Euronext Paris - Matif - FR0000035164 - Common Stock - Currency: EUR
Taking everything into account, BEN scores 4 out of 10 in our fundamental rating. BEN was compared to 15 industry peers in the Leisure Products industry. While BEN is still in line with the averages on profitability rating, there are concerns on its financial health. BEN is valued correctly, but it does not seem to be growing. BEN also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year BEN was profitable.
BEN had a positive operating cash flow in the past year.
BEN had positive earnings in 4 of the past 5 years.
Of the past 5 years BEN 4 years had a positive operating cash flow.
1.2 Ratios
BEN's Return On Assets of 6.51% is fine compared to the rest of the industry. BEN outperforms 66.67% of its industry peers.
BEN's Return On Equity of 13.89% is in line compared to the rest of the industry. BEN outperforms 60.00% of its industry peers.
With a Return On Invested Capital value of 8.51%, BEN perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BEN is below the industry average of 12.80%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.51% | ||
| ROE | 13.89% | ||
| ROIC | 8.51% |
ROA(3y)6.81%
ROA(5y)3.53%
ROE(3y)15.96%
ROE(5y)8.13%
ROIC(3y)9.62%
ROIC(5y)N/A
1.3 Margins
BEN has a better Profit Margin (9.71%) than 73.33% of its industry peers.
In the last couple of years the Profit Margin of BEN has grown nicely.
With a decent Operating Margin value of 13.08%, BEN is doing good in the industry, outperforming 80.00% of the companies in the same industry.
BEN's Operating Margin has improved in the last couple of years.
BEN has a better Gross Margin (59.50%) than 73.33% of its industry peers.
BEN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.08% | ||
| PM (TTM) | 9.71% | ||
| GM | 59.5% |
OM growth 3YN/A
OM growth 5Y15.51%
PM growth 3YN/A
PM growth 5Y21.52%
GM growth 3Y2.6%
GM growth 5Y2.24%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BEN is still creating some value.
BEN has more shares outstanding than it did 1 year ago.
BEN has less shares outstanding than it did 5 years ago.
BEN has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.32 indicates that BEN is not a great score, but indicates only limited risk for bankruptcy at the moment.
BEN has a Altman-Z score of 2.32. This is in the lower half of the industry: BEN underperforms 60.00% of its industry peers.
BEN has a debt to FCF ratio of 404.34. This is a negative value and a sign of low solvency as BEN would need 404.34 years to pay back of all of its debts.
The Debt to FCF ratio of BEN (404.34) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.45 indicates that BEN is not too dependend on debt financing.
BEN's Debt to Equity ratio of 0.45 is on the low side compared to the rest of the industry. BEN is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 404.34 | ||
| Altman-Z | 2.32 |
ROIC/WACC1.3
WACC6.56%
2.3 Liquidity
A Current Ratio of 1.34 indicates that BEN should not have too much problems paying its short term obligations.
BEN has a Current ratio (1.34) which is comparable to the rest of the industry.
A Quick Ratio of 0.83 indicates that BEN may have some problems paying its short term obligations.
With a Quick ratio value of 0.83, BEN perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.83 |
3. Growth
3.1 Past
The earnings per share for BEN have decreased strongly by -29.76% in the last year.
Measured over the past years, BEN shows a very strong growth in Earnings Per Share. The EPS has been growing by 24.90% on average per year.
The Revenue for BEN has decreased by -24.72% in the past year. This is quite bad
The Revenue has been growing slightly by 2.62% on average over the past years.
EPS 1Y (TTM)-29.76%
EPS 3YN/A
EPS 5Y24.9%
EPS Q2Q%-57.64%
Revenue 1Y (TTM)-24.72%
Revenue growth 3Y2.91%
Revenue growth 5Y2.62%
Sales Q2Q%-31.53%
3.2 Future
BEN is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -24.49% yearly.
The Revenue is expected to decrease by -6.00% on average over the next years.
EPS Next Y-57.23%
EPS Next 2Y-40.84%
EPS Next 3Y-24.49%
EPS Next 5YN/A
Revenue Next Year-31.07%
Revenue Next 2Y-23.53%
Revenue Next 3Y-14.14%
Revenue Next 5Y-6%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.14, the valuation of BEN can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of BEN indicates a rather cheap valuation: BEN is cheaper than 93.33% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of BEN to the average of the S&P500 Index (29.62), we can say BEN is valued rather cheaply.
The Price/Forward Earnings ratio is 16.75, which indicates a correct valuation of BEN.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BEN is on the same level as its industry peers.
BEN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.14 | ||
| Fwd PE | 16.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BEN is valued cheaper than 93.33% of the companies in the same industry.
BEN's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 768.12 | ||
| EV/EBITDA | 3.14 |
4.3 Compensation for Growth
The decent profitability rating of BEN may justify a higher PE ratio.
BEN's earnings are expected to decrease with -24.49% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.29
EPS Next 2Y-40.84%
EPS Next 3Y-24.49%
5. Dividend
5.1 Amount
BEN has a Yearly Dividend Yield of 7.21%, which is a nice return.
BEN's Dividend Yield is rather good when compared to the industry average which is at 3.58. BEN pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.27, BEN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.21% |
5.2 History
The dividend of BEN is nicely growing with an annual growth rate of 47.79%!
Dividend Growth(5Y)47.79%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
BEN pays out 57.82% of its income as dividend. This is a bit on the high side, but may be sustainable.
BEN's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP57.82%
EPS Next 2Y-40.84%
EPS Next 3Y-24.49%
EPA:BEN (2/24/2025, 9:11:14 AM)
10.28
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)
Earnings (Next)
Inst Owners14.65%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap851.08M
Analysts77.78
Price Target12.53 (21.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.21% |
Yearly Dividend0.42
Dividend Growth(5Y)47.79%
DP57.82%
Div Incr Years2
Div Non Decr Years2
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)5.14%
PT rev (3m)-3.91%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)25.85%
EPS NY rev (3m)25.85%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)19.88%
Revenue NY rev (3m)13.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.14 | ||
| Fwd PE | 16.75 | ||
| P/S | 0.7 | ||
| P/FCF | 768.12 | ||
| P/OCF | 10.46 | ||
| P/B | 1.01 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 3.14 |
EPS(TTM)1.44
EY14.01%
EPS(NY)0.61
Fwd EY5.97%
FCF(TTM)0.01
FCFY0.13%
OCF(TTM)0.98
OCFY9.56%
SpS14.6
BVpS10.21
TBVpS9.6
PEG (NY)N/A
PEG (5Y)0.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.51% | ||
| ROE | 13.89% | ||
| ROCE | 15.76% | ||
| ROIC | 8.51% | ||
| ROICexc | 10.52% | ||
| ROICexgc | 11.02% | ||
| OM | 13.08% | ||
| PM (TTM) | 9.71% | ||
| GM | 59.5% | ||
| FCFM | 0.09% |
ROA(3y)6.81%
ROA(5y)3.53%
ROE(3y)15.96%
ROE(5y)8.13%
ROIC(3y)9.62%
ROIC(5y)N/A
ROICexc(3y)15.27%
ROICexc(5y)N/A
ROICexgc(3y)17.88%
ROICexgc(5y)N/A
ROCE(3y)17.97%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y5.58%
ROICexc growth 3YN/A
ROICexc growth 5Y8.56%
OM growth 3YN/A
OM growth 5Y15.51%
PM growth 3YN/A
PM growth 5Y21.52%
GM growth 3Y2.6%
GM growth 5Y2.24%
F-Score5
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 404.34 | ||
| Debt/EBITDA | 1.76 | ||
| Cap/Depr | 139% | ||
| Cap/Sales | 6.64% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 37.7% | ||
| Profit Quality | 0.94% | ||
| Current Ratio | 1.34 | ||
| Quick Ratio | 0.83 | ||
| Altman-Z | 2.32 |
F-Score5
WACC6.56%
ROIC/WACC1.3
Cap/Depr(3y)111.48%
Cap/Depr(5y)95.45%
Cap/Sales(3y)4.99%
Cap/Sales(5y)5.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-29.76%
EPS 3YN/A
EPS 5Y24.9%
EPS Q2Q%-57.64%
EPS Next Y-57.23%
EPS Next 2Y-40.84%
EPS Next 3Y-24.49%
EPS Next 5YN/A
Revenue 1Y (TTM)-24.72%
Revenue growth 3Y2.91%
Revenue growth 5Y2.62%
Sales Q2Q%-31.53%
Revenue Next Year-31.07%
Revenue Next 2Y-23.53%
Revenue Next 3Y-14.14%
Revenue Next 5Y-6%
EBIT growth 1Y-23.16%
EBIT growth 3YN/A
EBIT growth 5Y18.54%
EBIT Next Year-51.99%
EBIT Next 3Y-10.27%
EBIT Next 5YN/A
FCF growth 1Y-46.63%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y10.11%
OCF growth 3Y-54.44%
OCF growth 5Y-35.61%