BEFESA SA (BFSA.DE) Stock Fundamental Analysis
FRA:BFSA - Deutsche Boerse Ag - LU1704650164 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to BFSA. BFSA was compared to 44 industry peers in the Commercial Services & Supplies industry. BFSA has a medium profitability rating, but doesn't score so well on its financial health evaluation. BFSA has a correct valuation and a medium growth rate. Finally BFSA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year BFSA was profitable.
BFSA had a positive operating cash flow in the past year.
Each year in the past 5 years BFSA has been profitable.
BFSA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BFSA has a better Return On Assets (2.88%) than 65.85% of its industry peers.
BFSA has a Return On Equity (7.26%) which is comparable to the rest of the industry.
BFSA has a Return On Invested Capital of 6.07%. This is in the better half of the industry: BFSA outperforms 60.98% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BFSA is in line with the industry average of 7.78%.
| 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 63.41% of the companies in the same industry.
In the last couple of years the Profit Margin of BFSA has declined.
The Operating Margin of BFSA (9.83%) is better than 65.85% of its industry peers.
In the last couple of years the Operating Margin of BFSA has declined.
BFSA has a Gross Margin of 52.65%. This is comparable to the rest of the industry: BFSA outperforms 58.54% of its industry peers.
In the last couple of years the Gross Margin of BFSA has declined.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BFSA is still creating some 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
Compared to 1 year ago, BFSA has a worse debt to assets ratio.
2.2 Solvency
BFSA has an Altman-Z score of 1.38. This is a bad value and indicates that BFSA is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.38, BFSA is not doing good in the industry: 63.41% of the companies in the same industry are doing better.
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 comparable to the rest of the industry.
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 | 1.38 |
ROIC/WACC1.07
WACC5.67%
2.3 Liquidity
A Current Ratio of 1.00 indicates that BFSA should not have too much problems paying its short term obligations.
The Current ratio of BFSA (1.00) is worse than 70.73% 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.
Looking at the Quick ratio, with a value of 0.69, BFSA is doing worse than 82.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 17.95% over the past year.
The earnings per share for BFSA have been decreasing by -11.36% on average. This is quite bad
Looking at the last year, BFSA shows a small growth in Revenue. The Revenue has grown by 0.75% in the last 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
BFSA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.71% yearly.
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 Y10.79%
EPS Next 2Y24.08%
EPS Next 3Y22.71%
EPS Next 5YN/A
Revenue Next Year4.28%
Revenue Next 2Y5.8%
Revenue Next 3Y6.7%
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.
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
The Price/Earnings ratio is 15.28, which indicates a correct valuation of BFSA.
Based on the Price/Earnings ratio, BFSA is valued a bit cheaper than the industry average as 70.73% of the companies are valued more expensively.
BFSA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.47.
A Price/Forward Earnings ratio of 9.44 indicates a reasonable valuation of BFSA.
BFSA's Price/Forward Earnings ratio is rather cheap when compared to the industry. BFSA is cheaper than 80.49% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of BFSA to the average of the S&P500 Index (92.74), we can say BFSA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.28 | ||
| Fwd PE | 9.44 |
4.2 Price Multiples
BFSA's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, BFSA is valued a bit cheaper than the industry average as 63.41% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.31 | ||
| EV/EBITDA | 7.1 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
BFSA's earnings are expected to grow with 22.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.42
PEG (5Y)N/A
EPS Next 2Y24.08%
EPS Next 3Y22.71%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.35%, BFSA has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.80, BFSA pays a better dividend. On top of this BFSA pays more dividend than 82.93% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.28, BFSA pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.35% |
5.2 History
On average, the dividend of BFSA grows each year by 7.70%, which is quite nice.
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 2Y24.08%
EPS Next 3Y22.71%
BEFESA SA
FRA:BFSA (2/5/2025, 11:26:05 AM)
21.08
-0.22 (-1.03%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners67.7%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap843.20M
Analysts81.11
Price Target33.41 (58.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.35% |
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%
PT rev (3m)-13.53%
EPS NQ rev (1m)5.12%
EPS NQ rev (3m)12%
EPS NY rev (1m)-10.68%
EPS NY rev (3m)-17.84%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.15%
Revenue NY rev (1m)-0.63%
Revenue NY rev (3m)-1.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.28 | ||
| Fwd PE | 9.44 | ||
| P/S | 0.71 | ||
| P/FCF | 9.31 | ||
| P/OCF | 4.9 | ||
| P/B | 1.1 | ||
| P/tB | 27.89 | ||
| EV/EBITDA | 7.1 |
EPS(TTM)1.38
EY6.55%
EPS(NY)2.23
Fwd EY10.59%
FCF(TTM)2.26
FCFY10.74%
OCF(TTM)4.3
OCFY20.39%
SpS29.78
BVpS19.08
TBVpS0.76
PEG (NY)1.42
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 | 1.38 |
F-Score6
WACC5.67%
ROIC/WACC1.07
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 Y10.79%
EPS Next 2Y24.08%
EPS Next 3Y22.71%
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 2Y5.8%
Revenue Next 3Y6.7%
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%