BASTEI LUBBE AG (BST.DE) Stock Fundamental Analysis
FRA:BST - Deutsche Boerse Ag - DE000A1X3YY0 - Common Stock - Currency: EUR
We assign a fundamental rating of 7 out of 10 to BST. BST was compared to 62 industry peers in the Media industry. BST scores excellent points on both the profitability and health parts. This is a solid base for a good stock. BST is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
BST had positive earnings in the past year.
In the past year BST had a positive cash flow from operations.
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
BST has a Return On Assets of 10.12%. This is amongst the best in the industry. BST outperforms 91.94% of its industry peers.
With an excellent Return On Equity value of 16.93%, BST belongs to the best of the industry, outperforming 82.26% of the companies in the same industry.
With an excellent Return On Invested Capital value of 13.94%, BST belongs to the best of the industry, outperforming 95.16% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BST is in line with the industry average of 8.25%.
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
BST has a Profit Margin of 9.23%. This is amongst the best in the industry. BST outperforms 83.87% of its industry peers.
BST's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 13.47%, BST belongs to the best of the industry, outperforming 87.10% of the companies in the same industry.
In the last couple of years the Operating Margin of BST has grown nicely.
BST has a Gross Margin (51.42%) which is comparable to the rest of the industry.
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.
BST has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, BST has an improved debt to assets ratio.
2.2 Solvency
BST has an Altman-Z score of 4.00. This indicates that BST is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of BST (4.00) is better than 98.39% of its industry peers.
The Debt to FCF ratio of BST is 1.43, which is an excellent value as it means it would take BST, only 1.43 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.43, BST belongs to the top of the industry, outperforming 90.32% of the companies in the same industry.
A Debt/Equity ratio of 0.08 indicates that BST is not too dependend on debt financing.
BST has a better Debt to Equity ratio (0.08) than 85.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 1.43 | ||
| Altman-Z | 4 |
ROIC/WACC2.01
WACC6.94%
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.
With an excellent Current ratio value of 1.58, BST belongs to the best of the industry, outperforming 80.65% of the companies in the same industry.
A Quick Ratio of 1.14 indicates that BST should not have too much problems paying its short term obligations.
The Quick ratio of BST (1.14) is better than 67.74% 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.
The Earnings Per Share has been growing by 70.55% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 4.75% in the past year.
Measured over the past years, BST shows a small growth in Revenue. The Revenue has been growing by 4.96% on average per year.
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
The Earnings Per Share is expected to grow by 8.04% on average over the next years. This is quite good.
BST is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.71% 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 5Y1.71%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.23, the valuation of BST can be described as correct.
Based on the Price/Earnings ratio, BST is valued a bit cheaper than the industry average as 61.29% of the companies are valued more expensively.
BST's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.45.
The Price/Forward Earnings ratio is 11.86, which indicates a very decent valuation of BST.
61.29% of the companies in the same industry are more expensive than BST, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of BST to the average of the S&P500 Index (21.90), we can say BST is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.23 | ||
| Fwd PE | 11.86 |
4.2 Price Multiples
BST's Enterprise Value to EBITDA ratio is in line with the industry average.
BST's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.59 | ||
| EV/EBITDA | 6.32 |
4.3 Compensation for Growth
BST's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BST has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.5
PEG (5Y)0.2
EPS Next 2Y10.63%
EPS Next 3Y8.04%
5. Dividend
5.1 Amount
BST has a Yearly Dividend Yield of 2.99%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.99, BST has a dividend in line with its industry peers.
BST's Dividend Yield is a higher than the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.99% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
BST pays out 37.02% of its income as dividend. This is a sustainable payout ratio.
DP37.02%
EPS Next 2Y10.63%
EPS Next 3Y8.04%
FRA:BST (7/2/2025, 7:00:00 PM)
9.82
-0.06 (-0.61%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners5.73%
Inst Owner ChangeN/A
Ins Owners39.08%
Ins Owner ChangeN/A
Market Cap130.61M
Analysts85.71
Price Target12.65 (28.82%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.99% |
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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.23 | ||
| Fwd PE | 11.86 | ||
| P/S | 1.13 | ||
| P/FCF | 30.59 | ||
| P/OCF | 20.86 | ||
| P/B | 2.07 | ||
| P/tB | 2.31 | ||
| EV/EBITDA | 6.32 |
EPS(TTM)0.69
EY7.03%
EPS(NY)0.83
Fwd EY8.43%
FCF(TTM)0.32
FCFY3.27%
OCF(TTM)0.47
OCFY4.79%
SpS8.71
BVpS4.75
TBVpS4.25
PEG (NY)0.5
PEG (5Y)0.2
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 |
F-Score7
WACC6.94%
ROIC/WACC2.01
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 5Y1.71%
EBIT growth 1Y20.71%
EBIT growth 3Y2.72%
EBIT growth 5Y41.2%
EBIT Next Year49.67%
EBIT Next 3Y15.04%
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%