BECTON DICKINSON AND CO (BOX.DE) Stock Fundamental Analysis
Europe - FRA:BOX - US0758871091 - Common Stock
164.5 EUR
+4.2 (+2.62%)
Taking everything into account, BOX scores 5 out of 10 in our fundamental rating. BOX was compared to 59 industry peers in the Health Care Equipment & Supplies industry. There are concerns on the financial health of BOX while its profitability can be described as average. 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.
Each year in the past 5 years BOX had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 2.93%, BOX perfoms like the industry average, outperforming 47.46% of the companies in the same industry.
BOX's Return On Equity of 6.30% is in line compared to the rest of the industry. BOX outperforms 52.54% of its industry peers.
BOX has a Return On Invested Capital of 4.55%. This is comparable to the rest of the industry: BOX outperforms 44.07% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BOX is below the industry average of 9.04%.
The last Return On Invested Capital (4.55%) for BOX is above the 3 year average (4.19%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.93% | ||
| ROE | 6.3% | ||
| ROIC | 4.55% |
ROA(3y)2.96%
ROA(5y)2.8%
ROE(3y)6.26%
ROE(5y)6.09%
ROIC(3y)4.19%
ROIC(5y)3.65%
1.3 Margins
BOX has a Profit Margin of 7.51%. This is comparable to the rest of the industry: BOX outperforms 55.93% of its industry peers.
BOX's Profit Margin has improved in the last couple of years.
BOX has a Operating Margin of 14.13%. This is in the better half of the industry: BOX outperforms 69.49% of its industry peers.
In the last couple of years the Operating Margin of BOX has grown nicely.
Looking at the Gross Margin, with a value of 45.08%, BOX is doing worse than 62.71% of the companies in the same industry.
BOX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.13% | ||
| PM (TTM) | 7.51% | ||
| GM | 45.08% |
OM growth 3Y5.79%
OM growth 5Y2.6%
PM growth 3Y-6.88%
PM growth 5Y6.19%
GM growth 3Y0%
GM growth 5Y-1.08%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BOX is destroying value.
The number of shares outstanding for BOX has been reduced compared to 1 year ago.
BOX has more shares outstanding than it did 5 years ago.
BOX has a worse debt/assets ratio than last year.
2.2 Solvency
BOX has an Altman-Z score of 2.13. This is not the best score and indicates that BOX is in the grey zone with still only limited risk for bankruptcy at the moment.
BOX's Altman-Z score of 2.13 is in line compared to the rest of the industry. BOX outperforms 45.76% of its industry peers.
The Debt to FCF ratio of BOX is 7.58, which is on the high side as it means it would take BOX, 7.58 years of fcf income to pay off all of its debts.
BOX's Debt to FCF ratio of 7.58 is in line compared to the rest of the industry. BOX outperforms 47.46% of its industry peers.
BOX has a Debt/Equity ratio of 0.69. This is a neutral value indicating BOX is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.69, BOX is doing worse than 72.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 7.58 | ||
| Altman-Z | 2.13 |
ROIC/WACC0.67
WACC6.78%
2.3 Liquidity
A Current Ratio of 1.10 indicates that BOX should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.10, BOX is doing worse than 71.19% of the companies in the same industry.
A Quick Ratio of 0.62 indicates that BOX may have some problems paying its short term obligations.
With a Quick ratio value of 0.62, BOX is not doing good in the industry: 83.05% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
BOX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.75%, which is quite good.
Measured over the past 5 years, BOX shows a small growth in Earnings Per Share. The EPS has been growing by 2.41% on average per year.
BOX shows a small growth in Revenue. In the last year, the Revenue has grown by 7.86%.
Measured over the past years, BOX shows a small growth in Revenue. The Revenue has been growing by 3.14% on average per year.
EPS 1Y (TTM)11.75%
EPS 3Y0.23%
EPS 5Y2.41%
EPS Q2Q%5.14%
Revenue 1Y (TTM)7.86%
Revenue growth 3Y1.79%
Revenue growth 5Y3.14%
Sales Q2Q%8.94%
3.2 Future
The Earnings Per Share is expected to grow by 8.32% on average over the next years. This is quite good.
BOX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.36% yearly.
EPS Next Y10.38%
EPS Next 2Y6.79%
EPS Next 3Y7.2%
EPS Next 5Y8.32%
Revenue Next Year8.43%
Revenue Next 2Y6.47%
Revenue Next 3Y5.83%
Revenue Next 5Y5.36%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.44, BOX is valued correctly.
Based on the Price/Earnings ratio, BOX is valued cheaply inside the industry as 96.61% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of BOX to the average of the S&P500 Index (27.69), we can say BOX is valued rather cheaply.
With a Price/Forward Earnings ratio of 12.77, BOX is valued correctly.
81.36% of the companies in the same industry are more expensive than BOX, based on the Price/Forward Earnings ratio.
BOX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.18.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.44 | ||
| Fwd PE | 12.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BOX is valued a bit cheaper than the industry average as 67.80% of the companies are valued more expensively.
77.97% of the companies in the same industry are more expensive than BOX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.55 | ||
| EV/EBITDA | 13.51 |
4.3 Compensation for Growth
BOX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of BOX may justify a higher PE ratio.
PEG (NY)1.3
PEG (5Y)5.57
EPS Next 2Y6.79%
EPS Next 3Y7.2%
5. Dividend
5.1 Amount
BOX has a Yearly Dividend Yield of 2.25%. Purely for dividend investing, there may be better candidates out there.
BOX's Dividend Yield is rather good when compared to the industry average which is at 2.36. BOX pays more dividend than 83.05% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, BOX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.25% |
5.2 History
The dividend of BOX has a limited annual growth rate of 0.75%.
Dividend Growth(5Y)0.75%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
BOX pays out 73.10% of its income as dividend. This is not a sustainable payout ratio.
BOX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP73.1%
EPS Next 2Y6.79%
EPS Next 3Y7.2%
FRA:BOX (10/20/2025, 7:00:00 PM)
164.5
+4.2 (+2.62%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners92.24%
Inst Owner ChangeN/A
Ins Owners0.57%
Ins Owner ChangeN/A
Market Cap47.15B
Analysts73.33
Price Target188.46 (14.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.25% |
Yearly Dividend3.25
Dividend Growth(5Y)0.75%
DP73.1%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.11%
Min EPS beat(2)1.1%
Max EPS beat(2)7.13%
EPS beat(4)4
Avg EPS beat(4)5.6%
Min EPS beat(4)0.11%
Max EPS beat(4)14.05%
EPS beat(8)7
Avg EPS beat(8)5.28%
EPS beat(12)10
Avg EPS beat(12)4.61%
EPS beat(16)14
Avg EPS beat(16)6.05%
Revenue beat(2)0
Avg Revenue beat(2)-1.55%
Min Revenue beat(2)-2.51%
Max Revenue beat(2)-0.58%
Revenue beat(4)2
Avg Revenue beat(4)-0.67%
Min Revenue beat(4)-2.51%
Max Revenue beat(4)0.37%
Revenue beat(8)3
Avg Revenue beat(8)-0.76%
Revenue beat(12)5
Avg Revenue beat(12)-0.34%
Revenue beat(16)6
Avg Revenue beat(16)-0.52%
PT rev (1m)0.71%
PT rev (3m)-1.64%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.83%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)1.4%
Revenue NQ rev (1m)0.12%
Revenue NQ rev (3m)0.29%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.44 | ||
| Fwd PE | 12.77 | ||
| P/S | 2.57 | ||
| P/FCF | 21.55 | ||
| P/OCF | 16.89 | ||
| P/B | 2.16 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.51 |
EPS(TTM)12.24
EY7.44%
EPS(NY)12.88
Fwd EY7.83%
FCF(TTM)7.63
FCFY4.64%
OCF(TTM)9.74
OCFY5.92%
SpS64.02
BVpS76.25
TBVpS-32.67
PEG (NY)1.3
PEG (5Y)5.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.93% | ||
| ROE | 6.3% | ||
| ROCE | 6.46% | ||
| ROIC | 4.55% | ||
| ROICexc | 4.62% | ||
| ROICexgc | 22.15% | ||
| OM | 14.13% | ||
| PM (TTM) | 7.51% | ||
| GM | 45.08% | ||
| FCFM | 11.92% |
ROA(3y)2.96%
ROA(5y)2.8%
ROE(3y)6.26%
ROE(5y)6.09%
ROIC(3y)4.19%
ROIC(5y)3.65%
ROICexc(3y)4.33%
ROICexc(5y)3.8%
ROICexgc(3y)22.89%
ROICexgc(5y)20.24%
ROCE(3y)5.98%
ROCE(5y)5.22%
ROICexcg growth 3Y6%
ROICexcg growth 5Y0.79%
ROICexc growth 3Y6.82%
ROICexc growth 5Y5.36%
OM growth 3Y5.79%
OM growth 5Y2.6%
PM growth 3Y-6.88%
PM growth 5Y6.19%
GM growth 3Y0%
GM growth 5Y-1.08%
F-Score7
Asset Turnover0.39
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 7.58 | ||
| Debt/EBITDA | 3.22 | ||
| Cap/Depr | 29.1% | ||
| Cap/Sales | 3.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 59.82% | ||
| Profit Quality | 158.78% | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 2.13 |
F-Score7
WACC6.78%
ROIC/WACC0.67
Cap/Depr(3y)37.86%
Cap/Depr(5y)40.69%
Cap/Sales(3y)4.42%
Cap/Sales(5y)4.86%
Profit Quality(3y)142.37%
Profit Quality(5y)192.14%
High Growth Momentum
Growth
EPS 1Y (TTM)11.75%
EPS 3Y0.23%
EPS 5Y2.41%
EPS Q2Q%5.14%
EPS Next Y10.38%
EPS Next 2Y6.79%
EPS Next 3Y7.2%
EPS Next 5Y8.32%
Revenue 1Y (TTM)7.86%
Revenue growth 3Y1.79%
Revenue growth 5Y3.14%
Sales Q2Q%8.94%
Revenue Next Year8.43%
Revenue Next 2Y6.47%
Revenue Next 3Y5.83%
Revenue Next 5Y5.36%
EBIT growth 1Y2.55%
EBIT growth 3Y7.69%
EBIT growth 5Y5.82%
EBIT Next Year32.89%
EBIT Next 3Y13.13%
EBIT Next 5Y13.97%
FCF growth 1Y46.38%
FCF growth 3Y-3.8%
FCF growth 5Y5.31%
OCF growth 1Y23.4%
OCF growth 3Y-6.5%
OCF growth 5Y2.66%