BECTON DICKINSON AND CO (BOX.DE) Stock Fundamental Analysis
FRA:BOX - Deutsche Boerse Ag - US0758871091 - Common Stock - Currency: EUR
BOX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 54 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 is valued quite cheap, while showing a decent growth score. This is a good combination!
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
The Return On Assets of BOX (3.20%) is comparable to the rest of the industry.
BOX has a better Return On Equity (6.94%) than 64.81% of its industry peers.
BOX's Return On Invested Capital of 4.37% is in line compared to the rest of the industry. BOX outperforms 55.56% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BOX is below the industry average of 7.93%.
The last Return On Invested Capital (4.37%) for BOX is above the 3 year average (4.19%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.2% | ||
| ROE | 6.94% | ||
| ROIC | 4.37% |
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
The Profit Margin of BOX (8.47%) is better than 62.96% of its industry peers.
In the last couple of years the Profit Margin of BOX has grown nicely.
The Operating Margin of BOX (14.14%) is better than 79.63% of its industry peers.
BOX's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 45.35%, BOX perfoms like the industry average, outperforming 40.74% of the companies in the same industry.
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 | 14.14% | ||
| PM (TTM) | 8.47% | ||
| GM | 45.35% |
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.
The number of shares outstanding for BOX has been increased compared to 5 years ago.
Compared to 1 year ago, BOX has a worse debt to assets ratio.
2.2 Solvency
BOX has an Altman-Z score of 2.18. 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.
The Altman-Z score of BOX (2.18) is better than 61.11% of its industry peers.
The Debt to FCF ratio of BOX is 6.39, which is on the high side as it means it would take BOX, 6.39 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.39, BOX is in the better half of the industry, outperforming 64.81% of the companies in the same industry.
A Debt/Equity ratio of 0.69 indicates that BOX is somewhat dependend on debt financing.
The Debt to Equity ratio of BOX (0.69) is worse than 68.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 6.39 | ||
| Altman-Z | 2.18 |
ROIC/WACC0.55
WACC7.98%
2.3 Liquidity
A Current Ratio of 1.13 indicates that BOX should not have too much problems paying its short term obligations.
BOX has a worse Current ratio (1.13) than 64.81% of its industry peers.
BOX has a Quick Ratio of 1.13. 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 0.63, BOX is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
BOX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.69%, which is quite good.
The Earnings Per Share has been growing slightly by 2.41% on average over the past years.
The Revenue has been growing slightly by 5.89% in the past year.
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)16.69%
EPS 3Y0.23%
EPS 5Y2.41%
EPS Q2Q%27.99%
Revenue 1Y (TTM)5.89%
Revenue growth 3Y1.79%
Revenue growth 5Y3.14%
Sales Q2Q%9.82%
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 6.95% on average per year.
BOX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.55% yearly.
EPS Next Y10.71%
EPS Next 2Y9.62%
EPS Next 3Y9.3%
EPS Next 5Y6.95%
Revenue Next Year8.27%
Revenue Next 2Y6.61%
Revenue Next 3Y6.1%
Revenue Next 5Y5.55%
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
BOX is valuated correctly with a Price/Earnings ratio of 14.59.
90.74% of the companies in the same industry are more expensive than BOX, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.78, BOX is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 12.83, the valuation of BOX can be described as correct.
Based on the Price/Forward Earnings ratio, BOX is valued cheaply inside the industry as 81.48% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 21.32. BOX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 12.83 |
4.2 Price Multiples
BOX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BOX is cheaper than 81.48% of the companies in the same industry.
85.19% 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 | 19.85 | ||
| EV/EBITDA | 14.53 |
4.3 Compensation for Growth
The 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)1.36
PEG (5Y)6.04
EPS Next 2Y9.62%
EPS Next 3Y9.3%
5. Dividend
5.1 Amount
BOX has a Yearly Dividend Yield of 2.03%. Purely for dividend investing, there may be better candidates out there.
The stock price of BOX dropped by -22.47% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
BOX's Dividend Yield is rather good when compared to the industry average which is at 2.39. BOX pays more dividend than 81.48% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.46, BOX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
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
64.47% 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.
DP64.47%
EPS Next 2Y9.62%
EPS Next 3Y9.3%
FRA:BOX (4/25/2025, 7:00:00 PM)
178.7
-0.35 (-0.2%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners93.61%
Inst Owner ChangeN/A
Ins Owners0.57%
Ins Owner ChangeN/A
Market Cap51.31B
Analysts81.9
Price Target239.15 (33.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.03% |
Yearly Dividend3.34
Dividend Growth(5Y)0.75%
DP64.47%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.08%
Min EPS beat(2)0.11%
Max EPS beat(2)14.05%
EPS beat(4)4
Avg EPS beat(4)6.15%
Min EPS beat(4)0.11%
Max EPS beat(4)14.05%
EPS beat(8)7
Avg EPS beat(8)4.73%
EPS beat(12)10
Avg EPS beat(12)4.82%
EPS beat(16)14
Avg EPS beat(16)6.48%
Revenue beat(2)2
Avg Revenue beat(2)0.21%
Min Revenue beat(2)0.06%
Max Revenue beat(2)0.37%
Revenue beat(4)2
Avg Revenue beat(4)-0.45%
Min Revenue beat(4)-1.37%
Max Revenue beat(4)0.37%
Revenue beat(8)4
Avg Revenue beat(8)-0.15%
Revenue beat(12)6
Avg Revenue beat(12)-0.1%
Revenue beat(16)7
Avg Revenue beat(16)-0.99%
PT rev (1m)-9.77%
PT rev (3m)-11.66%
EPS NQ rev (1m)0.08%
EPS NQ rev (3m)-5.15%
EPS NY rev (1m)0.06%
EPS NY rev (3m)0.08%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)-2.06%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)-0.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.59 | ||
| Fwd PE | 12.83 | ||
| P/S | 2.82 | ||
| P/FCF | 19.85 | ||
| P/OCF | 15.97 | ||
| P/B | 2.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.53 |
EPS(TTM)12.25
EY6.86%
EPS(NY)13.92
Fwd EY7.79%
FCF(TTM)9
FCFY5.04%
OCF(TTM)11.19
OCFY6.26%
SpS63.29
BVpS77.29
TBVpS-35.61
PEG (NY)1.36
PEG (5Y)6.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.2% | ||
| ROE | 6.94% | ||
| ROCE | 6.21% | ||
| ROIC | 4.37% | ||
| ROICexc | 4.44% | ||
| ROICexgc | 21.73% | ||
| OM | 14.14% | ||
| PM (TTM) | 8.47% | ||
| GM | 45.35% | ||
| FCFM | 14.22% |
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-Score8
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 6.39 | ||
| Debt/EBITDA | 3.32 | ||
| Cap/Depr | 30.62% | ||
| Cap/Sales | 3.46% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 69.51% | ||
| Profit Quality | 167.96% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 2.18 |
F-Score8
WACC7.98%
ROIC/WACC0.55
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)16.69%
EPS 3Y0.23%
EPS 5Y2.41%
EPS Q2Q%27.99%
EPS Next Y10.71%
EPS Next 2Y9.62%
EPS Next 3Y9.3%
EPS Next 5Y6.95%
Revenue 1Y (TTM)5.89%
Revenue growth 3Y1.79%
Revenue growth 5Y3.14%
Sales Q2Q%9.82%
Revenue Next Year8.27%
Revenue Next 2Y6.61%
Revenue Next 3Y6.1%
Revenue Next 5Y5.55%
EBIT growth 1Y7.95%
EBIT growth 3Y7.69%
EBIT growth 5Y5.82%
EBIT Next Year33.47%
EBIT Next 3Y14.99%
EBIT Next 5Y15.14%
FCF growth 1Y115.72%
FCF growth 3Y-3.8%
FCF growth 5Y5.31%
OCF growth 1Y54.73%
OCF growth 3Y-6.5%
OCF growth 5Y2.66%