BECTON DICKINSON AND CO (BOX.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:BOX - US0758871091 - Common Stock
176.05 EUR
-1.8 (-1.01%)
We assign a fundamental rating of 4 out of 10 to BOX. BOX was compared to 67 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 correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- BOX had positive earnings in the past year.
- In the past year BOX had a positive cash flow from operations.
- In the past 5 years BOX has always been profitable.
- In the past 5 years BOX always reported a positive cash flow from operatings.
1.2 Ratios
- BOX's Return On Assets of 3.03% is in line compared to the rest of the industry. BOX outperforms 46.27% of its industry peers.
- BOX's Return On Equity of 6.61% is in line compared to the rest of the industry. BOX outperforms 49.25% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 6.24%, BOX is in line with its industry, outperforming 55.22% of the companies in the same industry.
- BOX had an Average Return On Invested Capital over the past 3 years of 5.64%. This is below the industry average of 9.84%.
- The 3 year average ROIC (5.64%) for BOX is below the current ROIC(6.24%), indicating increased profibility in the last year.
| 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.
- The Operating Margin of BOX (15.70%) is better than 71.64% of its industry peers.
- BOX's Operating Margin has improved in the last couple of years.
- With a Gross Margin value of 45.79%, BOX is not doing good in the industry: 65.67% of the companies in the same industry are doing better.
- 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BOX is destroying value.
- BOX has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, BOX has less shares outstanding
- The debt/assets ratio for BOX has been reduced compared to a year ago.
2.2 Solvency
- BOX has an Altman-Z score of 2.22. 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 2.22 is in line compared to the rest of the industry. BOX outperforms 47.76% 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.
- 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.
- BOX has a worse Debt to Equity ratio (0.73) 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.
- Looking at the Current ratio, with a value of 1.11, BOX is doing worse than 73.13% of the companies in the same industry.
- 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: 80.60% 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.
- 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
- BOX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.59% yearly.
- The Revenue is expected to grow by 3.38% on average over the next years.
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 14.34 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.
- When comparing the Price/Earnings ratio of BOX to the average of the S&P500 Index (27.32), we can say BOX is valued slightly cheaper.
- With a Price/Forward Earnings ratio of 13.76, BOX is valued correctly.
- 82.09% of the companies in the same industry are more expensive than BOX, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of BOX to the average of the S&P500 Index (24.32), we can say BOX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.34 | ||
| Fwd PE | 13.76 |
4.2 Price Multiples
- 70.15% of the companies in the same industry are more expensive than BOX, based on the Enterprise Value to EBITDA ratio.
- 77.61% 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 | 22.09 | ||
| EV/EBITDA | 13.01 |
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)3.46
PEG (5Y)1.99
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 1.83, 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 14.34 and the Price/Book (PB) ratio is 2.32.
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.