BUREAU VERITAS SA (BVI.PA) Stock Fundamental Analysis
Europe - EPA:BVI - FR0006174348 - Common Stock
28.64 EUR
+0.04 (+0.14%)
Taking everything into account, BVI scores 6 out of 10 in our fundamental rating. BVI was compared to 32 industry peers in the Professional Services industry. BVI has an excellent profitability rating, but there are some minor concerns on its financial health. BVI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BVI was profitable.
BVI had a positive operating cash flow in the past year.
In the past 5 years BVI has always been profitable.
BVI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BVI has a better Return On Assets (10.02%) than 84.38% of its industry peers.
The Return On Equity of BVI (45.59%) is better than 78.13% of its industry peers.
The Return On Invested Capital of BVI (15.56%) is better than 78.13% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BVI is in line with the industry average of 11.46%.
The last Return On Invested Capital (15.56%) for BVI is above the 3 year average (11.84%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.02% | ||
| ROE | 45.59% | ||
| ROIC | 15.56% |
ROA(3y)7.35%
ROA(5y)6.04%
ROE(3y)26.65%
ROE(5y)23.15%
ROIC(3y)11.84%
ROIC(5y)10.41%
1.3 Margins
BVI has a better Profit Margin (10.25%) than 78.13% of its industry peers.
In the last couple of years the Profit Margin of BVI has grown nicely.
Looking at the Operating Margin, with a value of 14.51%, BVI is in the better half of the industry, outperforming 78.13% of the companies in the same industry.
BVI's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 103.28%, BVI belongs to the top of the industry, outperforming 96.88% of the companies in the same industry.
In the last couple of years the Gross Margin of BVI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.51% | ||
| PM (TTM) | 10.25% | ||
| GM | 103.28% |
OM growth 3Y1.18%
OM growth 5Y0.5%
PM growth 3Y2.59%
PM growth 5Y4.81%
GM growth 3Y1.43%
GM growth 5Y0.65%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so BVI is creating value.
The number of shares outstanding for BVI has been reduced compared to 1 year ago.
BVI has about the same amout of shares outstanding than it did 5 years ago.
BVI has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.34 indicates that BVI is not in any danger for bankruptcy at the moment.
BVI has a Altman-Z score of 3.34. This is in the better half of the industry: BVI outperforms 78.13% of its industry peers.
The Debt to FCF ratio of BVI is 3.04, which is a good value as it means it would take BVI, 3.04 years of fcf income to pay off all of its debts.
BVI has a better Debt to FCF ratio (3.04) than 84.38% of its industry peers.
A Debt/Equity ratio of 1.56 is on the high side and indicates that BVI has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.56, BVI is doing worse than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 3.04 | ||
| Altman-Z | 3.34 |
ROIC/WACC2.27
WACC6.84%
2.3 Liquidity
A Current Ratio of 1.18 indicates that BVI should not have too much problems paying its short term obligations.
The Current ratio of BVI (1.18) is comparable to the rest of the industry.
BVI has a Quick Ratio of 1.18. This is a normal value and indicates that BVI is financially healthy and should not expect problems in meeting its short term obligations.
BVI's Quick ratio of 1.18 is fine compared to the rest of the industry. BVI outperforms 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.92% over the past year.
The Earnings Per Share has been growing slightly by 6.23% on average over the past years.
Looking at the last year, BVI shows a small growth in Revenue. The Revenue has grown by 7.12% in the last year.
BVI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.12% yearly.
EPS 1Y (TTM)6.92%
EPS 3Y8.85%
EPS 5Y6.23%
EPS Q2Q%1.56%
Revenue 1Y (TTM)7.12%
Revenue growth 3Y7.81%
Revenue growth 5Y4.12%
Sales Q2Q%5.65%
3.2 Future
Based on estimates for the next years, BVI will show a small growth in Earnings Per Share. The EPS will grow by 7.59% on average per year.
Based on estimates for the next years, BVI will show a small growth in Revenue. The Revenue will grow by 6.95% on average per year.
EPS Next Y5.29%
EPS Next 2Y6.96%
EPS Next 3Y7.34%
EPS Next 5Y7.59%
Revenue Next Year4.24%
Revenue Next 2Y4.68%
Revenue Next 3Y5.17%
Revenue Next 5Y6.95%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
BVI is valuated rather expensively with a Price/Earnings ratio of 20.60.
Based on the Price/Earnings ratio, BVI is valued a bit cheaper than the industry average as 71.88% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.67, BVI is valued a bit cheaper.
With a Price/Forward Earnings ratio of 18.14, BVI is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as BVI.
The average S&P500 Price/Forward Earnings ratio is at 23.33. BVI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.6 | ||
| Fwd PE | 18.14 |
4.2 Price Multiples
BVI's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, BVI is valued a bit cheaper than the industry average as 65.63% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.31 | ||
| EV/EBITDA | 12.02 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of BVI may justify a higher PE ratio.
PEG (NY)3.9
PEG (5Y)3.31
EPS Next 2Y6.96%
EPS Next 3Y7.34%
5. Dividend
5.1 Amount
BVI has a Yearly Dividend Yield of 3.29%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.26, BVI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, BVI pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
5.2 History
The dividend of BVI is nicely growing with an annual growth rate of 32.58%!
Dividend Growth(5Y)32.58%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
BVI pays out 64.39% of its income as dividend. This is not a sustainable payout ratio.
The dividend of BVI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP64.39%
EPS Next 2Y6.96%
EPS Next 3Y7.34%
EPA:BVI (10/24/2025, 1:53:41 PM)
28.64
+0.04 (+0.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners44.67%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap13.00B
Revenue(TTM)6.41B
Net Income(TTM)657.40M
Analysts80
Price Target34.27 (19.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
Yearly Dividend0.9
Dividend Growth(5Y)32.58%
DP64.39%
Div Incr Years4
Div Non Decr Years4
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)-0.38%
PT rev (3m)-0.45%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.28%
EPS NY rev (3m)-3.64%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.12%
Revenue NY rev (3m)-1.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.6 | ||
| Fwd PE | 18.14 | ||
| P/S | 2.03 | ||
| P/FCF | 15.31 | ||
| P/OCF | 12.99 | ||
| P/B | 9.02 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.02 |
EPS(TTM)1.39
EY4.85%
EPS(NY)1.58
Fwd EY5.51%
FCF(TTM)1.87
FCFY6.53%
OCF(TTM)2.2
OCFY7.7%
SpS14.13
BVpS3.18
TBVpS-2.53
PEG (NY)3.9
PEG (5Y)3.31
Graham Number9.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.02% | ||
| ROE | 45.59% | ||
| ROCE | 22.82% | ||
| ROIC | 15.56% | ||
| ROICexc | 19.8% | ||
| ROICexgc | 103.04% | ||
| OM | 14.51% | ||
| PM (TTM) | 10.25% | ||
| GM | 103.28% | ||
| FCFM | 13.24% |
ROA(3y)7.35%
ROA(5y)6.04%
ROE(3y)26.65%
ROE(5y)23.15%
ROIC(3y)11.84%
ROIC(5y)10.41%
ROICexc(3y)16.62%
ROICexc(5y)14.87%
ROICexgc(3y)78.54%
ROICexgc(5y)69.9%
ROCE(3y)17.37%
ROCE(5y)15.28%
ROICexgc growth 3Y20.39%
ROICexgc growth 5Y9.91%
ROICexc growth 3Y8.51%
ROICexc growth 5Y5.26%
OM growth 3Y1.18%
OM growth 5Y0.5%
PM growth 3Y2.59%
PM growth 5Y4.81%
GM growth 3Y1.43%
GM growth 5Y0.65%
F-Score7
Asset Turnover0.98
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.56 | ||
| Debt/FCF | 3.04 | ||
| Debt/EBITDA | 1.84 | ||
| Cap/Depr | 52.04% | ||
| Cap/Sales | 2.36% | ||
| Interest Coverage | 24.48 | ||
| Cash Conversion | 81.92% | ||
| Profit Quality | 129.18% | ||
| Current Ratio | 1.18 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z | 3.34 |
F-Score7
WACC6.84%
ROIC/WACC2.27
Cap/Depr(3y)49.76%
Cap/Depr(5y)44.07%
Cap/Sales(3y)2.44%
Cap/Sales(5y)2.38%
Profit Quality(3y)144.23%
Profit Quality(5y)231.8%
High Growth Momentum
Growth
EPS 1Y (TTM)6.92%
EPS 3Y8.85%
EPS 5Y6.23%
EPS Q2Q%1.56%
EPS Next Y5.29%
EPS Next 2Y6.96%
EPS Next 3Y7.34%
EPS Next 5Y7.59%
Revenue 1Y (TTM)7.12%
Revenue growth 3Y7.81%
Revenue growth 5Y4.12%
Sales Q2Q%5.65%
Revenue Next Year4.24%
Revenue Next 2Y4.68%
Revenue Next 3Y5.17%
Revenue Next 5Y6.95%
EBIT growth 1Y10.09%
EBIT growth 3Y9.08%
EBIT growth 5Y4.64%
EBIT Next Year37.54%
EBIT Next 3Y16.06%
EBIT Next 5Y12.48%
FCF growth 1Y23.47%
FCF growth 3Y8.5%
FCF growth 5Y4.31%
OCF growth 1Y18.57%
OCF growth 3Y8.19%
OCF growth 5Y4.06%