BECTON DICKINSON AND CO (BOX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BOX - US0758871091 - Common Stock
169 EUR
-8.85 (-4.98%)
Taking everything into account, BOX scores 4 out of 10 in our fundamental rating. BOX was compared to 67 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- BOX had positive earnings in the past year.
- BOX had a positive operating cash flow in the past year.
- 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
- The Return On Assets of BOX (3.03%) is comparable to the rest of the industry.
- With a Return On Equity value of 6.61%, BOX perfoms like the industry average, outperforming 49.25% of the companies in the same industry.
- BOX has a Return On Invested Capital (6.24%) which is in line with its industry peers.
- The Average Return On Invested Capital over the past 3 years for BOX is below the industry average of 9.84%.
- 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
- BOX's Profit Margin of 7.68% is in line compared to the rest of the industry. BOX outperforms 55.22% of its industry peers.
- BOX's Profit Margin has improved in the last couple of years.
- BOX has a Operating Margin of 15.70%. This is in the better half of the industry: BOX outperforms 71.64% of its industry peers.
- In the last couple of years the Operating Margin of BOX has grown nicely.
- BOX's Gross Margin of 45.79% is on the low side compared to the rest of the industry. BOX is outperformed by 65.67% of its industry peers.
- In the last couple of years the Gross Margin of BOX has remained more or less at the same level.
| 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BOX is destroying value.
- The number of shares outstanding for BOX has been reduced compared to 1 year ago.
- The number of shares outstanding for BOX has been reduced compared to 5 years ago.
- Compared to 1 year ago, BOX has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.22 indicates that BOX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- BOX has a Altman-Z score (2.22) which is in line with 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.
- BOX has a Debt to FCF ratio (7.18) which is comparable to the rest of the 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 74.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 7.18 | ||
| Altman-Z | 2.22 |
ROIC/WACC0.66
WACC9.39%
2.3 Liquidity
- BOX has a Current Ratio of 1.11. This is a normal value and indicates that BOX is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of BOX (1.11) is worse than 73.13% of its industry peers.
- A Quick Ratio of 0.64 indicates that BOX may have some problems paying its short term obligations.
- BOX has a Quick ratio of 0.64. This is amonst the worse of the industry: BOX underperforms 80.60% of its industry peers.
| 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.
- BOX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.19% yearly.
- BOX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.24%.
- Measured over the past years, BOX shows a small growth in Revenue. The Revenue has been growing by 6.32% on average per year.
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
- Based on estimates for the next years, BOX will show a small growth in Earnings Per Share. The EPS will grow by 6.59% on average per year.
- BOX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.38% yearly.
EPS Next Y4.14%
EPS Next 2Y5.2%
EPS Next 3Y5.3%
EPS Next 5Y6.59%
Revenue Next Year2.91%
Revenue Next 2Y3.14%
Revenue Next 3Y3.19%
Revenue Next 5Y3.38%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 13.72 indicates a correct valuation of BOX.
- Compared to the rest of the industry, the Price/Earnings ratio of BOX indicates a rather cheap valuation: BOX is cheaper than 95.52% of the companies listed in the same industry.
- BOX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.21.
- BOX is valuated correctly with a Price/Forward Earnings ratio of 13.17.
- Based on the Price/Forward Earnings ratio, BOX is valued cheaper than 85.07% 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 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.72 | ||
| Fwd PE | 13.17 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BOX is valued a bit cheaper than 73.13% of the companies 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 76.12% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.15 | ||
| EV/EBITDA | 12.99 |
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)3.31
PEG (5Y)1.91
EPS Next 2Y5.2%
EPS Next 3Y5.3%
5. Dividend
5.1 Amount
- BOX has a Yearly Dividend Yield of 2.02%.
- BOX's Dividend Yield is a higher than the industry average which is at 0.95.
- Compared to an average S&P500 Dividend Yield of 1.82, BOX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.02% |
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.
- The dividend of BOX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP71.28%
EPS Next 2Y5.2%
EPS Next 3Y5.3%
BECTON DICKINSON AND CO / BOX.DE FAQ
What is the fundamental rating for BOX stock?
ChartMill assigns a fundamental rating of 4 / 10 to BOX.DE.
What is the valuation status for BOX stock?
ChartMill assigns a valuation rating of 5 / 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 13.72 and the Price/Book (PB) ratio is 2.22.
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.