BRENNTAG SE (BNR.DE) Stock Fundamental Analysis
FRA:BNR - Deutsche Boerse Ag - DE000A1DAHH0 - Common Stock - Currency: EUR
Overall BNR gets a fundamental rating of 5 out of 10. We evaluated BNR against 15 industry peers in the Trading Companies & Distributors industry. BNR has an average financial health and profitability rating. BNR has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year BNR was profitable.
In the past year BNR had a positive cash flow from operations.
BNR had positive earnings in each of the past 5 years.
BNR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of BNR (4.60%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 11.34%, BNR is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
BNR's Return On Invested Capital of 8.11% is fine compared to the rest of the industry. BNR outperforms 80.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BNR is in line with the industry average of 8.89%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.6% | ||
| ROE | 11.34% | ||
| ROIC | 8.11% |
ROA(3y)6.44%
ROA(5y)5.89%
ROE(3y)15.54%
ROE(5y)14.24%
ROIC(3y)10.38%
ROIC(5y)9.54%
1.3 Margins
The Profit Margin of BNR (3.30%) is better than 66.67% of its industry peers.
BNR's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 5.64%, BNR is doing good in the industry, outperforming 73.33% of the companies in the same industry.
BNR's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 24.80%, BNR is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Gross Margin of BNR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.64% | ||
| PM (TTM) | 3.3% | ||
| GM | 24.8% |
OM growth 3Y2.37%
OM growth 5Y-0.17%
PM growth 3Y1.94%
PM growth 5Y-1.93%
GM growth 3Y1.82%
GM growth 5Y3%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), BNR is creating value.
The number of shares outstanding for BNR has been reduced compared to 1 year ago.
Compared to 5 years ago, BNR has less shares outstanding
Compared to 1 year ago, BNR has a worse debt to assets ratio.
2.2 Solvency
BNR has an Altman-Z score of 2.98. This is not the best score and indicates that BNR is in the grey zone with still only limited risk for bankruptcy at the moment.
BNR has a Altman-Z score (2.98) which is in line with its industry peers.
The Debt to FCF ratio of BNR is 6.37, which is on the high side as it means it would take BNR, 6.37 years of fcf income to pay off all of its debts.
BNR's Debt to FCF ratio of 6.37 is fine compared to the rest of the industry. BNR outperforms 80.00% of its industry peers.
BNR has a Debt/Equity ratio of 0.55. This is a neutral value indicating BNR is somewhat dependend on debt financing.
The Debt to Equity ratio of BNR (0.55) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 6.37 | ||
| Altman-Z | 2.98 |
ROIC/WACC1.44
WACC5.63%
2.3 Liquidity
BNR has a Current Ratio of 1.46. This is a normal value and indicates that BNR is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of BNR (1.46) is worse than 73.33% of its industry peers.
A Quick Ratio of 1.03 indicates that BNR should not have too much problems paying its short term obligations.
BNR has a worse Quick ratio (1.03) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
The earnings per share for BNR have decreased strongly by -21.73% in the last year.
Measured over the past 5 years, BNR shows a small growth in Earnings Per Share. The EPS has been growing by 4.13% on average per year.
Looking at the last year, BNR shows a decrease in Revenue. The Revenue has decreased by -3.44% in the last year.
The Revenue has been growing slightly by 4.84% on average over the past years.
EPS 1Y (TTM)-21.73%
EPS 3Y5.61%
EPS 5Y4.13%
EPS Q2Q%-4.3%
Revenue 1Y (TTM)-3.44%
Revenue growth 3Y4.13%
Revenue growth 5Y4.84%
Sales Q2Q%1.18%
3.2 Future
BNR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.92% yearly.
BNR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.64% yearly.
EPS Next Y27.35%
EPS Next 2Y19.18%
EPS Next 3Y15.63%
EPS Next 5Y13.92%
Revenue Next Year4.34%
Revenue Next 2Y4.19%
Revenue Next 3Y3.91%
Revenue Next 5Y2.64%
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
The Price/Earnings ratio is 15.70, which indicates a correct valuation of BNR.
Based on the Price/Earnings ratio, BNR is valued a bit cheaper than 66.67% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.79, BNR is valued a bit cheaper.
BNR is valuated correctly with a Price/Forward Earnings ratio of 12.33.
80.00% of the companies in the same industry are more expensive than BNR, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.38. BNR is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.7 | ||
| Fwd PE | 12.33 |
4.2 Price Multiples
BNR's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as BNR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.05 | ||
| EV/EBITDA | 8.21 |
4.3 Compensation for Growth
BNR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of BNR may justify a higher PE ratio.
A more expensive valuation may be justified as BNR's earnings are expected to grow with 15.63% in the coming years.
PEG (NY)0.57
PEG (5Y)3.8
EPS Next 2Y19.18%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.77%, BNR has a reasonable but not impressive dividend return.
BNR's Dividend Yield is a higher than the industry average which is at 2.83.
Compared to an average S&P500 Dividend Yield of 2.47, BNR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.77% |
5.2 History
The dividend of BNR is nicely growing with an annual growth rate of 11.61%!
Dividend Growth(5Y)11.61%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
56.55% of the earnings are spent on dividend by BNR. This is a bit on the high side, but may be sustainable.
BNR's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP56.55%
EPS Next 2Y19.18%
EPS Next 3Y15.63%
FRA:BNR (4/25/2025, 7:00:00 PM)
58.24
+2.5 (+4.49%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners57.94%
Inst Owner ChangeN/A
Ins Owners15%
Ins Owner ChangeN/A
Market Cap8.41B
Analysts72.31
Price Target75.34 (29.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.77% |
Yearly Dividend2.08
Dividend Growth(5Y)11.61%
DP56.55%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-17.65%
Min EPS beat(2)-27.4%
Max EPS beat(2)-7.9%
EPS beat(4)0
Avg EPS beat(4)-14.4%
Min EPS beat(4)-27.4%
Max EPS beat(4)-7.9%
EPS beat(8)0
Avg EPS beat(8)-11.06%
EPS beat(12)2
Avg EPS beat(12)-10.61%
EPS beat(16)2
Avg EPS beat(16)-15.18%
Revenue beat(2)1
Avg Revenue beat(2)0.25%
Min Revenue beat(2)-1.46%
Max Revenue beat(2)1.96%
Revenue beat(4)1
Avg Revenue beat(4)-1.98%
Min Revenue beat(4)-7.02%
Max Revenue beat(4)1.96%
Revenue beat(8)1
Avg Revenue beat(8)-4.22%
Revenue beat(12)5
Avg Revenue beat(12)-1.21%
Revenue beat(16)8
Avg Revenue beat(16)0.12%
PT rev (1m)-0.28%
PT rev (3m)-1.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.52%
EPS NY rev (1m)-4.54%
EPS NY rev (3m)-8.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.35%
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-1.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.7 | ||
| Fwd PE | 12.33 | ||
| P/S | 0.52 | ||
| P/FCF | 15.05 | ||
| P/OCF | 9.33 | ||
| P/B | 1.78 | ||
| P/tB | 12.33 | ||
| EV/EBITDA | 8.21 |
EPS(TTM)3.71
EY6.37%
EPS(NY)4.72
Fwd EY8.11%
FCF(TTM)3.87
FCFY6.64%
OCF(TTM)6.24
OCFY10.71%
SpS112.46
BVpS32.74
TBVpS4.72
PEG (NY)0.57
PEG (5Y)3.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.6% | ||
| ROE | 11.34% | ||
| ROCE | 11.18% | ||
| ROIC | 8.11% | ||
| ROICexc | 8.97% | ||
| ROICexgc | 19.76% | ||
| OM | 5.64% | ||
| PM (TTM) | 3.3% | ||
| GM | 24.8% | ||
| FCFM | 3.44% |
ROA(3y)6.44%
ROA(5y)5.89%
ROE(3y)15.54%
ROE(5y)14.24%
ROIC(3y)10.38%
ROIC(5y)9.54%
ROICexc(3y)11.57%
ROICexc(5y)10.67%
ROICexgc(3y)23.99%
ROICexgc(5y)22.82%
ROCE(3y)14.3%
ROCE(5y)13.14%
ROICexcg growth 3Y-2.27%
ROICexcg growth 5Y1.33%
ROICexc growth 3Y-0.91%
ROICexc growth 5Y0.16%
OM growth 3Y2.37%
OM growth 5Y-0.17%
PM growth 3Y1.94%
PM growth 5Y-1.93%
GM growth 3Y1.82%
GM growth 5Y3%
F-Score5
Asset Turnover1.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 6.37 | ||
| Debt/EBITDA | 1.92 | ||
| Cap/Depr | 77.05% | ||
| Cap/Sales | 2.11% | ||
| Interest Coverage | 39.12 | ||
| Cash Conversion | 66.27% | ||
| Profit Quality | 104.2% | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 2.98 |
F-Score5
WACC5.63%
ROIC/WACC1.44
Cap/Depr(3y)75.19%
Cap/Depr(5y)69.17%
Cap/Sales(3y)1.8%
Cap/Sales(5y)1.69%
Profit Quality(3y)123.27%
Profit Quality(5y)126.13%
High Growth Momentum
Growth
EPS 1Y (TTM)-21.73%
EPS 3Y5.61%
EPS 5Y4.13%
EPS Q2Q%-4.3%
EPS Next Y27.35%
EPS Next 2Y19.18%
EPS Next 3Y15.63%
EPS Next 5Y13.92%
Revenue 1Y (TTM)-3.44%
Revenue growth 3Y4.13%
Revenue growth 5Y4.84%
Sales Q2Q%1.18%
Revenue Next Year4.34%
Revenue Next 2Y4.19%
Revenue Next 3Y3.91%
Revenue Next 5Y2.64%
EBIT growth 1Y-18.46%
EBIT growth 3Y6.6%
EBIT growth 5Y4.66%
EBIT Next Year43.99%
EBIT Next 3Y17.46%
EBIT Next 5Y12.29%
FCF growth 1Y-58.44%
FCF growth 3Y43.44%
FCF growth 5Y-3.72%
OCF growth 1Y-45.9%
OCF growth 3Y32.35%
OCF growth 5Y0.49%