BASTEI LUBBE AG (BST.DE) Stock Fundamental Analysis
FRA:BST - Deutsche Boerse Ag - DE000A1X3YY0 - Common Stock - Currency: EUR
We assign a fundamental rating of 6 out of 10 to BST. BST was compared to 65 industry peers in the Media industry. Both the health and profitability get an excellent rating, making BST a very profitable company, without any liquidiy or solvency issues. BST has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year BST was profitable.
BST had a positive operating cash flow in the past year.
BST had positive earnings in 4 of the past 5 years.
Each year in the past 5 years BST had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.12%, BST belongs to the top of the industry, outperforming 91.04% of the companies in the same industry.
The Return On Equity of BST (16.93%) is better than 82.09% of its industry peers.
With an excellent Return On Invested Capital value of 13.94%, BST belongs to the best of the industry, outperforming 92.54% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BST is in line with the industry average of 8.66%.
The last Return On Invested Capital (13.94%) for BST is above the 3 year average (9.96%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.12% | ||
| ROE | 16.93% | ||
| ROIC | 13.94% |
ROA(3y)7.51%
ROA(5y)4.38%
ROE(3y)13.64%
ROE(5y)7.38%
ROIC(3y)9.96%
ROIC(5y)9.63%
1.3 Margins
Looking at the Profit Margin, with a value of 9.23%, BST belongs to the top of the industry, outperforming 80.60% of the companies in the same industry.
In the last couple of years the Profit Margin of BST has grown nicely.
BST's Operating Margin of 13.47% is amongst the best of the industry. BST outperforms 86.57% of its industry peers.
In the last couple of years the Operating Margin of BST has grown nicely.
BST's Gross Margin of 51.42% is in line compared to the rest of the industry. BST outperforms 49.25% of its industry peers.
BST's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.47% | ||
| PM (TTM) | 9.23% | ||
| GM | 51.42% |
OM growth 3Y-3.07%
OM growth 5Y34.53%
PM growth 3Y-0.74%
PM growth 5Y61.94%
GM growth 3Y1.27%
GM growth 5Y2.49%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so BST is creating value.
The number of shares outstanding for BST remains at a similar level compared to 1 year ago.
Compared to 5 years ago, BST has about the same amount of shares outstanding.
The debt/assets ratio for BST has been reduced compared to a year ago.
2.2 Solvency
BST has an Altman-Z score of 4.11. This indicates that BST is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.11, BST belongs to the top of the industry, outperforming 97.01% of the companies in the same industry.
BST has a debt to FCF ratio of 1.43. This is a very positive value and a sign of high solvency as it would only need 1.43 years to pay back of all of its debts.
The Debt to FCF ratio of BST (1.43) is better than 88.06% of its industry peers.
BST has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.08, BST belongs to the best of the industry, outperforming 88.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 4.11 |
ROIC/WACC2.03
WACC6.88%
2.3 Liquidity
BST has a Current Ratio of 1.58. This is a normal value and indicates that BST is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of BST (1.58) is better than 83.58% of its industry peers.
BST has a Quick Ratio of 1.14. This is a normal value and indicates that BST is financially healthy and should not expect problems in meeting its short term obligations.
BST's Quick ratio of 1.14 is fine compared to the rest of the industry. BST outperforms 68.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
The earnings per share for BST have decreased strongly by -16.28% in the last year.
BST shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 70.55% yearly.
BST shows a small growth in Revenue. In the last year, the Revenue has grown by 4.75%.
BST shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.96% yearly.
EPS 1Y (TTM)-16.28%
EPS 3Y6.35%
EPS 5Y70.55%
EPS Q2Q%-27.79%
Revenue 1Y (TTM)4.75%
Revenue growth 3Y5.98%
Revenue growth 5Y4.96%
Sales Q2Q%1.71%
3.2 Future
BST is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.04% yearly.
BST is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.29% yearly.
EPS Next Y28.36%
EPS Next 2Y10.63%
EPS Next 3Y8.04%
EPS Next 5YN/A
Revenue Next Year6.76%
Revenue Next 2Y5.76%
Revenue Next 3Y4.74%
Revenue Next 5Y4.29%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.07, the valuation of BST can be described as correct.
The rest of the industry has a similar Price/Earnings ratio as BST.
Compared to an average S&P500 Price/Earnings ratio of 29.35, BST is valued a bit cheaper.
A Price/Forward Earnings ratio of 12.56 indicates a correct valuation of BST.
The rest of the industry has a similar Price/Forward Earnings ratio as BST.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, BST is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.07 | ||
| Fwd PE | 12.56 |
4.2 Price Multiples
BST's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as BST.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.4 | ||
| EV/EBITDA | 6.72 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of BST may justify a higher PE ratio.
PEG (NY)0.53
PEG (5Y)0.21
EPS Next 2Y10.63%
EPS Next 3Y8.04%
5. Dividend
5.1 Amount
BST has a Yearly Dividend Yield of 2.88%.
Compared to an average industry Dividend Yield of 4.64, BST pays a bit more dividend than its industry peers.
BST's Dividend Yield is a higher than the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
37.02% of the earnings are spent on dividend by BST. This is a low number and sustainable payout ratio.
DP37.02%
EPS Next 2Y10.63%
EPS Next 3Y8.04%
FRA:BST (3/7/2025, 7:00:00 PM)
10.4
0 (0%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners5.72%
Inst Owner ChangeN/A
Ins Owners36.09%
Ins Owner ChangeN/A
Market Cap138.32M
Analysts85.71
Price Target12.65 (21.63%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.88% |
Yearly Dividend0.16
Dividend Growth(5Y)N/A
DP37.02%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)10.06%
PT rev (3m)10.06%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)11.69%
EPS NY rev (3m)30.3%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.16%
Revenue NY rev (3m)3.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.07 | ||
| Fwd PE | 12.56 | ||
| P/S | 1.19 | ||
| P/FCF | 32.4 | ||
| P/OCF | 22.09 | ||
| P/B | 2.19 | ||
| P/tB | 2.45 | ||
| EV/EBITDA | 6.72 |
EPS(TTM)0.69
EY6.63%
EPS(NY)0.83
Fwd EY7.96%
FCF(TTM)0.32
FCFY3.09%
OCF(TTM)0.47
OCFY4.53%
SpS8.71
BVpS4.75
TBVpS4.25
PEG (NY)0.53
PEG (5Y)0.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.12% | ||
| ROE | 16.93% | ||
| ROCE | 22.34% | ||
| ROIC | 13.94% | ||
| ROICexc | 18.1% | ||
| ROICexgc | 20.67% | ||
| OM | 13.47% | ||
| PM (TTM) | 9.23% | ||
| GM | 51.42% | ||
| FCFM | 3.68% |
ROA(3y)7.51%
ROA(5y)4.38%
ROE(3y)13.64%
ROE(5y)7.38%
ROIC(3y)9.96%
ROIC(5y)9.63%
ROICexc(3y)13.78%
ROICexc(5y)12.83%
ROICexgc(3y)16.78%
ROICexgc(5y)15.43%
ROCE(3y)15.96%
ROCE(5y)15.44%
ROICexcg growth 3Y-4.58%
ROICexcg growth 5YN/A
ROICexc growth 3Y-2.13%
ROICexc growth 5Y30.85%
OM growth 3Y-3.07%
OM growth 5Y34.53%
PM growth 3Y-0.74%
PM growth 5Y61.94%
GM growth 3Y1.27%
GM growth 5Y2.49%
F-Score7
Asset Turnover1.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 1.43 | ||
| Debt/EBITDA | 0.26 | ||
| Cap/Depr | 57.22% | ||
| Cap/Sales | 1.72% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 32.8% | ||
| Profit Quality | 39.9% | ||
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 4.11 |
F-Score7
WACC6.88%
ROIC/WACC2.03
Cap/Depr(3y)15.38%
Cap/Depr(5y)14.34%
Cap/Sales(3y)0.54%
Cap/Sales(5y)0.57%
Profit Quality(3y)129.59%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-16.28%
EPS 3Y6.35%
EPS 5Y70.55%
EPS Q2Q%-27.79%
EPS Next Y28.36%
EPS Next 2Y10.63%
EPS Next 3Y8.04%
EPS Next 5YN/A
Revenue 1Y (TTM)4.75%
Revenue growth 3Y5.98%
Revenue growth 5Y4.96%
Sales Q2Q%1.71%
Revenue Next Year6.76%
Revenue Next 2Y5.76%
Revenue Next 3Y4.74%
Revenue Next 5Y4.29%
EBIT growth 1Y20.71%
EBIT growth 3Y2.72%
EBIT growth 5Y41.2%
EBIT Next Year37.28%
EBIT Next 3Y13.03%
EBIT Next 5YN/A
FCF growth 1Y-63.94%
FCF growth 3Y-54.19%
FCF growth 5Y-35.88%
OCF growth 1Y-49.47%
OCF growth 3Y-46.62%
OCF growth 5Y-29.38%