BECTON DICKINSON AND CO (BOX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BOX - US0758871091 - Common Stock
170.85 EUR
+1.85 (+1.09%)
Taking everything into account, BOX scores 5 out of 10 in our fundamental rating. BOX was compared to 63 industry peers in the Health Care Equipment & Supplies industry. BOX has a medium profitability rating, but doesn't score so well on its financial health evaluation. BOX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year BOX was profitable.
- In the past year BOX had a positive cash flow from operations.
- BOX had positive earnings in each of the past 5 years.
- In the past 5 years BOX always reported a positive cash flow from operatings.
1.2 Ratios
- BOX has a Return On Assets of 3.03%. This is comparable to the rest of the industry: BOX outperforms 49.21% of its industry peers.
- With a Return On Equity value of 6.61%, BOX perfoms like the industry average, outperforming 52.38% of the companies in the same industry.
- BOX has a Return On Invested Capital (6.24%) which is comparable to the rest of the industry.
- BOX had an Average Return On Invested Capital over the past 3 years of 5.64%. This is below the industry average of 9.95%.
- The last Return On Invested Capital (6.24%) for BOX is above the 3 year average (5.64%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.03% | ||
| ROE | 6.61% | ||
| ROIC | 6.24% |
ROA(3y)2.9%
ROA(5y)3.12%
ROE(3y)6.24%
ROE(5y)6.77%
ROIC(3y)5.64%
ROIC(5y)5.24%
1.3 Margins
- The Profit Margin of BOX (7.68%) is comparable to the rest of the industry.
- In the last couple of years the Profit Margin of BOX has grown nicely.
- BOX has a better Operating Margin (15.70%) than 73.02% of its industry peers.
- BOX's Operating Margin has improved in the last couple of years.
- BOX has a Gross Margin of 45.79%. This is in the lower half of the industry: BOX underperforms 68.25% of its industry peers.
- BOX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.7% | ||
| PM (TTM) | 7.68% | ||
| GM | 45.79% |
OM growth 3Y4.99%
OM growth 5Y10.71%
PM growth 3Y-4.96%
PM growth 5Y10%
GM growth 3Y0.22%
GM growth 5Y0.65%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BOX is destroying value.
- Compared to 1 year ago, BOX has less shares outstanding
- Compared to 5 years ago, BOX has less shares outstanding
- BOX has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.20 indicates that BOX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- BOX has a Altman-Z score of 2.20. This is comparable to the rest of the industry: BOX outperforms 46.03% of its industry peers.
- The Debt to FCF ratio of BOX is 7.18, which is on the high side as it means it would take BOX, 7.18 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 7.18, BOX is in line with its industry, outperforming 47.62% of the companies in the same industry.
- BOX has a Debt/Equity ratio of 0.73. This is a neutral value indicating BOX is somewhat dependend on debt financing.
- The Debt to Equity ratio of BOX (0.73) is worse than 74.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 7.18 | ||
| Altman-Z | 2.2 |
ROIC/WACC0.67
WACC9.37%
2.3 Liquidity
- A Current Ratio of 1.11 indicates that BOX should not have too much problems paying its short term obligations.
- BOX's Current ratio of 1.11 is on the low side compared to the rest of the industry. BOX is outperformed by 71.43% of its industry peers.
- BOX has a Quick Ratio of 1.11. This is a bad value and indicates that BOX is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.64, BOX is not doing good in the industry: 79.37% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
- BOX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.57%, which is quite good.
- The Earnings Per Share has been growing slightly by 7.19% on average over the past years.
- The Revenue has grown by 8.24% in the past year. This is quite good.
- The Revenue has been growing slightly by 6.32% on average over the past years.
EPS 1Y (TTM)9.57%
EPS 3Y5.64%
EPS 5Y7.19%
EPS Q2Q%3.94%
Revenue 1Y (TTM)8.24%
Revenue growth 3Y4.99%
Revenue growth 5Y6.32%
Sales Q2Q%8.33%
3.2 Future
- BOX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.59% yearly.
- BOX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.38% yearly.
EPS Next Y4.17%
EPS Next 2Y5.22%
EPS Next 3Y5.36%
EPS Next 5Y6.59%
Revenue Next Year2.91%
Revenue Next 2Y3.14%
Revenue Next 3Y3.19%
Revenue Next 5Y3.38%
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 stable.
- 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 14.03, the valuation of BOX can be described as correct.
- 96.83% of the companies in the same industry are more expensive than BOX, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of BOX to the average of the S&P500 Index (28.87), we can say BOX is valued rather cheaply.
- A Price/Forward Earnings ratio of 13.46 indicates a correct valuation of BOX.
- Based on the Price/Forward Earnings ratio, BOX is valued cheaper than 87.30% of the companies in the same industry.
- BOX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.96.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.03 | ||
| Fwd PE | 13.46 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BOX indicates a somewhat cheap valuation: BOX is cheaper than 73.02% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of BOX indicates a somewhat cheap valuation: BOX is cheaper than 76.19% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.62 | ||
| EV/EBITDA | 12.8 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BOX does not grow enough to justify the current Price/Earnings ratio.
- BOX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.36
PEG (5Y)1.95
EPS Next 2Y5.22%
EPS Next 3Y5.36%
5. Dividend
5.1 Amount
- BOX has a Yearly Dividend Yield of 2.04%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 0.96, BOX pays a better dividend. On top of this BOX pays more dividend than 80.95% of the companies listed in the same industry.
- BOX's Dividend Yield is comparable with the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.04% |
5.2 History
- The dividend of BOX has a limited annual growth rate of 3.22%.
Dividend Growth(5Y)3.22%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- 71.28% of the earnings are spent on dividend by BOX. This is not a sustainable payout ratio.
- BOX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP71.28%
EPS Next 2Y5.22%
EPS Next 3Y5.36%
BECTON DICKINSON AND CO / BOX.DE FAQ
What is the fundamental rating for BOX stock?
ChartMill assigns a fundamental rating of 5 / 10 to BOX.DE.
What is the valuation status for BOX stock?
ChartMill assigns a valuation rating of 6 / 10 to BECTON DICKINSON AND CO (BOX.DE). This can be considered as Fairly Valued.
What is the profitability of BOX stock?
BECTON DICKINSON AND CO (BOX.DE) has a profitability rating of 6 / 10.
What are the PE and PB ratios of BECTON DICKINSON AND CO (BOX.DE) stock?
The Price/Earnings (PE) ratio for BECTON DICKINSON AND CO (BOX.DE) is 14.03 and the Price/Book (PB) ratio is 2.27.
What is the financial health of BECTON DICKINSON AND CO (BOX.DE) stock?
The financial health rating of BECTON DICKINSON AND CO (BOX.DE) is 3 / 10.