BEFESA SA (BFSA.DE) Stock Fundamental Analysis
FRA:BFSA - Deutsche Boerse Ag - LU1704650164 - Common Stock - Currency: EUR
BFSA gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 43 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
BFSA had positive earnings in the past year.
BFSA had a positive operating cash flow in the past year.
BFSA had positive earnings in each of the past 5 years.
BFSA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BFSA has a better Return On Assets (3.05%) than 65.12% of its industry peers.
BFSA has a Return On Equity (6.99%) which is comparable to the rest of the industry.
The Return On Invested Capital of BFSA (5.58%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for BFSA is in line with the industry average of 7.41%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 6.99% | ||
| ROIC | 5.58% |
ROA(3y)3.64%
ROA(5y)4.16%
ROE(3y)8.78%
ROE(5y)11.47%
ROIC(3y)6.03%
ROIC(5y)6.41%
1.3 Margins
With a decent Profit Margin value of 4.80%, BFSA is doing good in the industry, outperforming 67.44% of the companies in the same industry.
BFSA's Profit Margin has declined in the last couple of years.
BFSA has a Operating Margin of 9.62%. This is in the better half of the industry: BFSA outperforms 74.42% of its industry peers.
BFSA's Operating Margin has declined in the last couple of years.
BFSA has a Gross Margin of 53.92%. This is comparable to the rest of the industry: BFSA outperforms 55.81% of its industry peers.
In the last couple of years the Gross Margin of BFSA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.62% | ||
| PM (TTM) | 4.8% | ||
| GM | 53.92% |
OM growth 3Y-16.45%
OM growth 5Y-14%
PM growth 3Y-30.35%
PM growth 5Y-20.31%
GM growth 3Y-1.79%
GM growth 5Y-12.3%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BFSA is destroying value.
BFSA has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, BFSA has more shares outstanding
BFSA has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.64, we must say that BFSA is in the distress zone and has some risk of bankruptcy.
BFSA has a Altman-Z score of 1.64. This is comparable to the rest of the industry: BFSA outperforms 46.51% of its industry peers.
The Debt to FCF ratio of BFSA is 5.23, which is a neutral value as it means it would take BFSA, 5.23 years of fcf income to pay off all of its debts.
BFSA has a Debt to FCF ratio of 5.23. This is in the better half of the industry: BFSA outperforms 65.12% of its industry peers.
BFSA has a Debt/Equity ratio of 0.79. This is a neutral value indicating BFSA is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.79, BFSA perfoms like the industry average, outperforming 51.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 5.23 | ||
| Altman-Z | 1.64 |
ROIC/WACC0.86
WACC6.5%
2.3 Liquidity
A Current Ratio of 1.28 indicates that BFSA should not have too much problems paying its short term obligations.
The Current ratio of BFSA (1.28) is comparable to the rest of the industry.
A Quick Ratio of 0.92 indicates that BFSA may have some problems paying its short term obligations.
BFSA's Quick ratio of 0.92 is in line compared to the rest of the industry. BFSA outperforms 44.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.92 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.50% over the past year.
BFSA shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -12.17% yearly.
BFSA shows a small growth in Revenue. In the last year, the Revenue has grown by 7.96%.
Measured over the past years, BFSA shows a quite strong growth in Revenue. The Revenue has been growing by 13.84% on average per year.
EPS 1Y (TTM)14.5%
EPS 3Y-22.13%
EPS 5Y-12.17%
EPS Q2Q%95.83%
Revenue 1Y (TTM)7.96%
Revenue growth 3Y14.68%
Revenue growth 5Y13.84%
Sales Q2Q%3.24%
3.2 Future
The Earnings Per Share is expected to grow by 22.13% on average over the next years. This is a very strong growth
BFSA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.09% yearly.
EPS Next Y69.71%
EPS Next 2Y41.39%
EPS Next 3Y26.91%
EPS Next 5Y22.13%
Revenue Next Year6.87%
Revenue Next 2Y6.61%
Revenue Next 3Y5.93%
Revenue Next 5Y4.09%
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 accelerating.
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 18.73, the valuation of BFSA can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of BFSA indicates a somewhat cheap valuation: BFSA is cheaper than 65.12% of the companies listed in the same industry.
BFSA is valuated rather cheaply when we compare the Price/Earnings ratio to 27.45, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.07 indicates a reasonable valuation of BFSA.
69.77% of the companies in the same industry are more expensive than BFSA, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.90. BFSA is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.73 | ||
| Fwd PE | 11.07 |
4.2 Price Multiples
BFSA's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BFSA indicates a somewhat cheap valuation: BFSA is cheaper than 74.42% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.2 | ||
| EV/EBITDA | 8.45 |
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.
A more expensive valuation may be justified as BFSA's earnings are expected to grow with 26.91% in the coming years.
PEG (NY)0.27
PEG (5Y)N/A
EPS Next 2Y41.39%
EPS Next 3Y26.91%
5. Dividend
5.1 Amount
BFSA has a Yearly Dividend Yield of 2.28%. Purely for dividend investing, there may be better candidates out there.
BFSA's Dividend Yield is a higher than the industry average which is at 4.15.
Compared to an average S&P500 Dividend Yield of 2.42, BFSA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.28% |
5.2 History
The dividend of BFSA decreases each year by -11.17%.
Dividend Growth(5Y)-11.17%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
BFSA pays out 48.67% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP48.67%
EPS Next 2Y41.39%
EPS Next 3Y26.91%
FRA:BFSA (7/4/2025, 9:39:44 AM)
28.1
-0.02 (-0.07%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners65.55%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.12B
Analysts82.22
Price Target35.96 (27.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.28% |
Yearly Dividend0.73
Dividend Growth(5Y)-11.17%
DP48.67%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.87%
Min EPS beat(2)-5.78%
Max EPS beat(2)-1.96%
EPS beat(4)0
Avg EPS beat(4)-23.9%
Min EPS beat(4)-71.79%
Max EPS beat(4)-1.96%
EPS beat(8)1
Avg EPS beat(8)-23.23%
EPS beat(12)3
Avg EPS beat(12)-6.98%
EPS beat(16)6
Avg EPS beat(16)1.34%
Revenue beat(2)0
Avg Revenue beat(2)-4.5%
Min Revenue beat(2)-7.06%
Max Revenue beat(2)-1.94%
Revenue beat(4)0
Avg Revenue beat(4)-4.94%
Min Revenue beat(4)-7.5%
Max Revenue beat(4)-1.94%
Revenue beat(8)0
Avg Revenue beat(8)-4.36%
Revenue beat(12)3
Avg Revenue beat(12)-2.92%
Revenue beat(16)3
Avg Revenue beat(16)-4.28%
PT rev (1m)2.42%
PT rev (3m)7.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-11.86%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.73 | ||
| Fwd PE | 11.07 | ||
| P/S | 0.9 | ||
| P/FCF | 8.2 | ||
| P/OCF | 5.32 | ||
| P/B | 1.31 | ||
| P/tB | 9.69 | ||
| EV/EBITDA | 8.45 |
EPS(TTM)1.5
EY5.34%
EPS(NY)2.54
Fwd EY9.03%
FCF(TTM)3.43
FCFY12.2%
OCF(TTM)5.28
OCFY18.79%
SpS31.23
BVpS21.46
TBVpS2.9
PEG (NY)0.27
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | 6.99% | ||
| ROCE | 7.12% | ||
| ROIC | 5.58% | ||
| ROICexc | 5.98% | ||
| ROICexgc | 11.32% | ||
| OM | 9.62% | ||
| PM (TTM) | 4.8% | ||
| GM | 53.92% | ||
| FCFM | 10.98% |
ROA(3y)3.64%
ROA(5y)4.16%
ROE(3y)8.78%
ROE(5y)11.47%
ROIC(3y)6.03%
ROIC(5y)6.41%
ROICexc(3y)6.54%
ROICexc(5y)7.24%
ROICexgc(3y)12.37%
ROICexgc(5y)14.59%
ROCE(3y)7.69%
ROCE(5y)8.17%
ROICexcg growth 3Y-14.94%
ROICexcg growth 5Y-15.03%
ROICexc growth 3Y-11.26%
ROICexc growth 5Y-13.94%
OM growth 3Y-16.45%
OM growth 5Y-14%
PM growth 3Y-30.35%
PM growth 5Y-20.31%
GM growth 3Y-1.79%
GM growth 5Y-12.3%
F-Score6
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 5.23 | ||
| Debt/EBITDA | 3.35 | ||
| Cap/Depr | 88.67% | ||
| Cap/Sales | 5.93% | ||
| Interest Coverage | 2.84 | ||
| Cash Conversion | 103.69% | ||
| Profit Quality | 228.56% | ||
| Current Ratio | 1.28 | ||
| Quick Ratio | 0.92 | ||
| Altman-Z | 1.64 |
F-Score6
WACC6.5%
ROIC/WACC0.86
Cap/Depr(3y)122.67%
Cap/Depr(5y)130.04%
Cap/Sales(3y)7.92%
Cap/Sales(5y)8.33%
Profit Quality(3y)113.86%
Profit Quality(5y)93.62%
High Growth Momentum
Growth
EPS 1Y (TTM)14.5%
EPS 3Y-22.13%
EPS 5Y-12.17%
EPS Q2Q%95.83%
EPS Next Y69.71%
EPS Next 2Y41.39%
EPS Next 3Y26.91%
EPS Next 5Y22.13%
Revenue 1Y (TTM)7.96%
Revenue growth 3Y14.68%
Revenue growth 5Y13.84%
Sales Q2Q%3.24%
Revenue Next Year6.87%
Revenue Next 2Y6.61%
Revenue Next 3Y5.93%
Revenue Next 5Y4.09%
EBIT growth 1Y17.65%
EBIT growth 3Y-4.19%
EBIT growth 5Y-2.09%
EBIT Next Year99.54%
EBIT Next 3Y31.34%
EBIT Next 5Y19.67%
FCF growth 1Y850.24%
FCF growth 3Y40.44%
FCF growth 5Y33.08%
OCF growth 1Y69.57%
OCF growth 3Y17.61%
OCF growth 5Y13.35%