BEFESA SA (BFSA.DE) Stock Fundamental Analysis
FRA:BFSA - Deutsche Boerse Ag - LU1704650164 - Common Stock - Currency: EUR
BFSA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 44 industry peers in the Commercial Services & Supplies industry. There are concerns on the financial health of BFSA while its profitability can be described as average. BFSA has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BFSA was profitable.
In the past year BFSA had a positive cash flow from operations.
Each year in the past 5 years BFSA has been profitable.
Each year in the past 5 years BFSA had a positive operating cash flow.
1.2 Ratios
BFSA's Return On Assets of 2.88% is fine compared to the rest of the industry. BFSA outperforms 71.74% of its industry peers.
Looking at the Return On Equity, with a value of 7.26%, BFSA is in the better half of the industry, outperforming 60.87% of the companies in the same industry.
BFSA has a better Return On Invested Capital (6.07%) than 65.22% of its industry peers.
BFSA had an Average Return On Invested Capital over the past 3 years of 6.94%. This is in line with the industry average of 7.74%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.88% | ||
| ROE | 7.26% | ||
| ROIC | 6.07% |
ROA(3y)4.64%
ROA(5y)5.13%
ROE(3y)12.08%
ROE(5y)15.03%
ROIC(3y)6.94%
ROIC(5y)7.81%
1.3 Margins
With a decent Profit Margin value of 4.65%, BFSA is doing good in the industry, outperforming 67.39% of the companies in the same industry.
BFSA's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 9.83%, BFSA is in the better half of the industry, outperforming 71.74% of the companies in the same industry.
In the last couple of years the Operating Margin of BFSA has declined.
With a decent Gross Margin value of 52.65%, BFSA is doing good in the industry, outperforming 60.87% of the companies in the same industry.
BFSA's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.83% | ||
| PM (TTM) | 4.65% | ||
| GM | 52.65% |
OM growth 3Y-14.07%
OM growth 5Y-14.93%
PM growth 3Y-14.58%
PM growth 5Y-17.08%
GM growth 3Y-4.05%
GM growth 5Y-12.49%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BFSA is creating some value.
Compared to 1 year ago, BFSA has about the same amount of shares outstanding.
The number of shares outstanding for BFSA has been increased compared to 5 years ago.
The debt/assets ratio for BFSA is higher compared to a year ago.
2.2 Solvency
BFSA has an Altman-Z score of 1.45. This is a bad value and indicates that BFSA is not financially healthy and even has some risk of bankruptcy.
BFSA has a Altman-Z score of 1.45. This is comparable to the rest of the industry: BFSA outperforms 50.00% of its industry peers.
The Debt to FCF ratio of BFSA is 7.77, which is on the high side as it means it would take BFSA, 7.77 years of fcf income to pay off all of its debts.
BFSA has a Debt to FCF ratio (7.77) which is in line with its industry peers.
BFSA has a Debt/Equity ratio of 0.91. This is a neutral value indicating BFSA is somewhat dependend on debt financing.
The Debt to Equity ratio of BFSA (0.91) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 7.77 | ||
| Altman-Z | 1.45 |
ROIC/WACC1.02
WACC5.95%
2.3 Liquidity
BFSA has a Current Ratio of 1.00. This is a normal value and indicates that BFSA is financially healthy and should not expect problems in meeting its short term obligations.
BFSA's Current ratio of 1.00 is on the low side compared to the rest of the industry. BFSA is outperformed by 65.22% of its industry peers.
BFSA has a Quick Ratio of 1.00. This is a bad value and indicates that BFSA is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.69, BFSA is not doing good in the industry: 73.91% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
BFSA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.95%, which is quite good.
The earnings per share for BFSA have been decreasing by -11.36% on average. This is quite bad
The Revenue has been growing slightly by 0.75% in the past year.
BFSA shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.39% yearly.
EPS 1Y (TTM)17.95%
EPS 3Y1.18%
EPS 5Y-11.36%
EPS Q2Q%-33.33%
Revenue 1Y (TTM)0.75%
Revenue growth 3Y25.01%
Revenue growth 5Y10.39%
Sales Q2Q%1.72%
3.2 Future
The Earnings Per Share is expected to grow by 21.44% on average over the next years. This is a very strong growth
Based on estimates for the next years, BFSA will show a small growth in Revenue. The Revenue will grow by 5.43% on average per year.
EPS Next Y7.87%
EPS Next 2Y22.59%
EPS Next 3Y21.44%
EPS Next 5YN/A
Revenue Next Year4.28%
Revenue Next 2Y5.57%
Revenue Next 3Y6.39%
Revenue Next 5Y5.43%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
BFSA is valuated rather expensively with a Price/Earnings ratio of 17.94.
69.57% of the companies in the same industry are more expensive than BFSA, based on the Price/Earnings ratio.
BFSA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 29.35.
The Price/Forward Earnings ratio is 11.36, which indicates a very decent valuation of BFSA.
Based on the Price/Forward Earnings ratio, BFSA is valued a bit cheaper than 71.74% of the companies in the same industry.
BFSA's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.94 | ||
| Fwd PE | 11.36 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BFSA.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BFSA is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.94 | ||
| EV/EBITDA | 7.77 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of BFSA may justify a higher PE ratio.
BFSA's earnings are expected to grow with 21.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.28
PEG (5Y)N/A
EPS Next 2Y22.59%
EPS Next 3Y21.44%
5. Dividend
5.1 Amount
BFSA has a Yearly Dividend Yield of 2.49%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.64, BFSA pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, BFSA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.49% |
5.2 History
The dividend of BFSA is nicely growing with an annual growth rate of 7.70%!
Dividend Growth(5Y)7.7%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
BFSA pays out 52.71% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of BFSA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP52.71%
EPS Next 2Y22.59%
EPS Next 3Y21.44%
FRA:BFSA (3/7/2025, 7:00:00 PM)
24.76
-0.96 (-3.73%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners67.54%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap990.40M
Analysts82.11
Price Target33.6 (35.7%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.49% |
Yearly Dividend1.25
Dividend Growth(5Y)7.7%
DP52.71%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-43.92%
Min EPS beat(2)-71.79%
Max EPS beat(2)-16.06%
EPS beat(4)1
Avg EPS beat(4)-15.82%
Min EPS beat(4)-71.79%
Max EPS beat(4)65.76%
EPS beat(8)1
Avg EPS beat(8)-28.42%
EPS beat(12)5
Avg EPS beat(12)1.82%
EPS beat(16)7
Avg EPS beat(16)2.59%
Revenue beat(2)0
Avg Revenue beat(2)-5.39%
Min Revenue beat(2)-7.5%
Max Revenue beat(2)-3.27%
Revenue beat(4)0
Avg Revenue beat(4)-5.44%
Min Revenue beat(4)-7.5%
Max Revenue beat(4)-3.27%
Revenue beat(8)1
Avg Revenue beat(8)-7.34%
Revenue beat(12)3
Avg Revenue beat(12)-3.75%
Revenue beat(16)5
Avg Revenue beat(16)-3.43%
PT rev (1m)0.58%
PT rev (3m)-0.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.12%
EPS NY rev (1m)-2.63%
EPS NY rev (3m)-13.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.94 | ||
| Fwd PE | 11.36 | ||
| P/S | 0.83 | ||
| P/FCF | 10.94 | ||
| P/OCF | 5.76 | ||
| P/B | 1.3 | ||
| P/tB | 32.76 | ||
| EV/EBITDA | 7.77 |
EPS(TTM)1.38
EY5.57%
EPS(NY)2.18
Fwd EY8.8%
FCF(TTM)2.26
FCFY9.14%
OCF(TTM)4.3
OCFY17.36%
SpS29.78
BVpS19.08
TBVpS0.76
PEG (NY)2.28
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.88% | ||
| ROE | 7.26% | ||
| ROCE | 7.3% | ||
| ROIC | 6.07% | ||
| ROICexc | 6.42% | ||
| ROICexgc | 12.41% | ||
| OM | 9.83% | ||
| PM (TTM) | 4.65% | ||
| GM | 52.65% | ||
| FCFM | 7.6% |
ROA(3y)4.64%
ROA(5y)5.13%
ROE(3y)12.08%
ROE(5y)15.03%
ROIC(3y)6.94%
ROIC(5y)7.81%
ROICexc(3y)7.79%
ROICexc(5y)9.01%
ROICexgc(3y)15.5%
ROICexgc(5y)18.34%
ROCE(3y)8.34%
ROCE(5y)9.39%
ROICexcg growth 3Y-18.45%
ROICexcg growth 5Y-21.23%
ROICexc growth 3Y-14.69%
ROICexc growth 5Y-18.61%
OM growth 3Y-14.07%
OM growth 5Y-14.93%
PM growth 3Y-14.58%
PM growth 5Y-17.08%
GM growth 3Y-4.05%
GM growth 5Y-12.49%
F-Score6
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 7.77 | ||
| Debt/EBITDA | 3.35 | ||
| Cap/Depr | 90.54% | ||
| Cap/Sales | 6.83% | ||
| Interest Coverage | 3.04 | ||
| Cash Conversion | 83.08% | ||
| Profit Quality | 163.49% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | 1.45 |
F-Score6
WACC5.95%
ROIC/WACC1.02
Cap/Depr(3y)140.18%
Cap/Depr(5y)153.99%
Cap/Sales(3y)8.98%
Cap/Sales(5y)9.43%
Profit Quality(3y)33.72%
Profit Quality(5y)43.84%
High Growth Momentum
Growth
EPS 1Y (TTM)17.95%
EPS 3Y1.18%
EPS 5Y-11.36%
EPS Q2Q%-33.33%
EPS Next Y7.87%
EPS Next 2Y22.59%
EPS Next 3Y21.44%
EPS Next 5YN/A
Revenue 1Y (TTM)0.75%
Revenue growth 3Y25.01%
Revenue growth 5Y10.39%
Sales Q2Q%1.72%
Revenue Next Year4.28%
Revenue Next 2Y5.57%
Revenue Next 3Y6.39%
Revenue Next 5Y5.43%
EBIT growth 1Y13.76%
EBIT growth 3Y7.42%
EBIT growth 5Y-6.08%
EBIT Next Year107.77%
EBIT Next 3Y37.64%
EBIT Next 5Y24.12%
FCF growth 1Y217.14%
FCF growth 3Y-26.42%
FCF growth 5Y-24.71%
OCF growth 1Y40.59%
OCF growth 3Y8.23%
OCF growth 5Y2.47%