BWX TECHNOLOGIES INC (BWXT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BWXT - US05605H1005 - Common Stock
181.85 USD
+9.01 (+5.21%)
182.23 USD
+0.38 (+0.21%)
We assign a fundamental rating of 6 out of 10 to BWXT. BWXT was compared to 71 industry peers in the Aerospace & Defense industry. Both the profitability and the financial health of BWXT get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, BWXT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
BWXT had positive earnings in the past year.
BWXT had a positive operating cash flow in the past year.
Each year in the past 5 years BWXT has been profitable.
BWXT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BWXT's Return On Assets of 8.12% is amongst the best of the industry. BWXT outperforms 85.92% of its industry peers.
Looking at the Return On Equity, with a value of 24.72%, BWXT belongs to the top of the industry, outperforming 91.55% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 8.36%, BWXT is in the better half of the industry, outperforming 71.83% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BWXT is above the industry average of 8.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.12% | ||
| ROE | 24.72% | ||
| ROIC | 8.36% |
ROA(3y)9.29%
ROA(5y)10.45%
ROE(3y)28.09%
ROE(5y)35.48%
ROIC(3y)10.89%
ROIC(5y)11.51%
1.3 Margins
With an excellent Profit Margin value of 10.04%, BWXT belongs to the best of the industry, outperforming 80.28% of the companies in the same industry.
In the last couple of years the Profit Margin of BWXT has declined.
With a decent Operating Margin value of 10.87%, BWXT is doing good in the industry, outperforming 73.24% of the companies in the same industry.
BWXT's Operating Margin has declined in the last couple of years.
BWXT has a Gross Margin (23.54%) which is in line with its industry peers.
In the last couple of years the Gross Margin of BWXT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.87% | ||
| PM (TTM) | 10.04% | ||
| GM | 23.54% |
OM growth 3Y-5.2%
OM growth 5Y-5.02%
PM growth 3Y-10.2%
PM growth 5Y-4.14%
GM growth 3Y-2.2%
GM growth 5Y-2.93%
2. Health
2.1 Basic Checks
BWXT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for BWXT remains at a similar level compared to 1 year ago.
Compared to 5 years ago, BWXT has less shares outstanding
BWXT has a better debt/assets ratio than last year.
2.2 Solvency
BWXT has an Altman-Z score of 5.89. This indicates that BWXT is financially healthy and has little risk of bankruptcy at the moment.
BWXT has a Altman-Z score of 5.89. This is in the better half of the industry: BWXT outperforms 66.20% of its industry peers.
BWXT has a debt to FCF ratio of 3.27. This is a good value and a sign of high solvency as BWXT would need 3.27 years to pay back of all of its debts.
BWXT has a Debt to FCF ratio of 3.27. This is amongst the best in the industry. BWXT outperforms 81.69% of its industry peers.
A Debt/Equity ratio of 1.21 is on the high side and indicates that BWXT has dependencies on debt financing.
The Debt to Equity ratio of BWXT (1.21) is worse than 80.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 3.27 | ||
| Altman-Z | 5.89 |
ROIC/WACC0.86
WACC9.75%
2.3 Liquidity
A Current Ratio of 1.71 indicates that BWXT should not have too much problems paying its short term obligations.
With a Current ratio value of 1.71, BWXT is not doing good in the industry: 64.79% of the companies in the same industry are doing better.
BWXT has a Quick Ratio of 1.62. This is a normal value and indicates that BWXT is financially healthy and should not expect problems in meeting its short term obligations.
BWXT's Quick ratio of 1.62 is in line compared to the rest of the industry. BWXT outperforms 57.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.62 |
3. Growth
3.1 Past
BWXT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.57%, which is quite good.
The Earnings Per Share has been growing slightly by 4.83% on average over the past years.
BWXT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 14.01%.
Measured over the past years, BWXT shows a small growth in Revenue. The Revenue has been growing by 7.37% on average per year.
EPS 1Y (TTM)12.57%
EPS 3Y2.86%
EPS 5Y4.83%
EPS Q2Q%20.48%
Revenue 1Y (TTM)14.01%
Revenue growth 3Y8.37%
Revenue growth 5Y7.37%
Sales Q2Q%28.92%
3.2 Future
BWXT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.94% yearly.
Based on estimates for the next years, BWXT will show a quite strong growth in Revenue. The Revenue will grow by 11.38% on average per year.
EPS Next Y16.66%
EPS Next 2Y13.41%
EPS Next 3Y12.77%
EPS Next 5Y12.94%
Revenue Next Year17.55%
Revenue Next 2Y16.94%
Revenue Next 3Y13.32%
Revenue Next 5Y11.38%
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
The Price/Earnings ratio is 47.23, which means the current valuation is very expensive for BWXT.
BWXT's Price/Earnings ratio is in line with the industry average.
BWXT's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.60.
With a Price/Forward Earnings ratio of 42.46, BWXT can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as BWXT.
When comparing the Price/Forward Earnings ratio of BWXT to the average of the S&P500 Index (23.23), we can say BWXT is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.23 | ||
| Fwd PE | 42.46 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BWXT is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, BWXT is valued a bit cheaper than the industry average as 76.06% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.03 | ||
| EV/EBITDA | 39.61 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BWXT does not grow enough to justify the current Price/Earnings ratio.
BWXT has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as BWXT's earnings are expected to grow with 12.77% in the coming years.
PEG (NY)2.83
PEG (5Y)9.77
EPS Next 2Y13.41%
EPS Next 3Y12.77%
5. Dividend
5.1 Amount
With a yearly dividend of 0.56%, BWXT is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.39, BWXT pays a better dividend. On top of this BWXT pays more dividend than 83.10% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.00, BWXT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.56% |
5.2 History
The dividend of BWXT is nicely growing with an annual growth rate of 7.06%!
BWXT has been paying a dividend for at least 10 years, so it has a reliable track record.
BWXT has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)7.06%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
29.88% of the earnings are spent on dividend by BWXT. This is a low number and sustainable payout ratio.
BWXT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP29.88%
EPS Next 2Y13.41%
EPS Next 3Y12.77%
181.85
+9.01 (+5.21%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners94.44%
Inst Owner Change-4.98%
Ins Owners0.35%
Ins Owner Change-3.76%
Market Cap16.63B
Revenue(TTM)3.06B
Net Income(TTM)306.96M
Analysts82.35
Price Target225.65 (24.09%)
Short Float %2.52%
Short Ratio1.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.56% |
Yearly Dividend0.97
Dividend Growth(5Y)7.06%
DP29.88%
Div Incr Years9
Div Non Decr Years9
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20.22%
Min EPS beat(2)14.33%
Max EPS beat(2)26.1%
EPS beat(4)4
Avg EPS beat(4)17.69%
Min EPS beat(4)10.79%
Max EPS beat(4)26.1%
EPS beat(8)8
Avg EPS beat(8)12.28%
EPS beat(12)11
Avg EPS beat(12)10.01%
EPS beat(16)13
Avg EPS beat(16)7.67%
Revenue beat(2)2
Avg Revenue beat(2)6%
Min Revenue beat(2)5.38%
Max Revenue beat(2)6.62%
Revenue beat(4)4
Avg Revenue beat(4)4.35%
Min Revenue beat(4)1.62%
Max Revenue beat(4)6.62%
Revenue beat(8)7
Avg Revenue beat(8)3.56%
Revenue beat(12)9
Avg Revenue beat(12)2.63%
Revenue beat(16)11
Avg Revenue beat(16)1.56%
PT rev (1m)0.5%
PT rev (3m)18.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.08%
EPS NY rev (1m)1.87%
EPS NY rev (3m)1.76%
Revenue NQ rev (1m)-0.16%
Revenue NQ rev (3m)-2.34%
Revenue NY rev (1m)1.23%
Revenue NY rev (3m)1.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.23 | ||
| Fwd PE | 42.46 | ||
| P/S | 5.44 | ||
| P/FCF | 36.03 | ||
| P/OCF | 26.44 | ||
| P/B | 13.39 | ||
| P/tB | 40.56 | ||
| EV/EBITDA | 39.61 |
EPS(TTM)3.85
EY2.12%
EPS(NY)4.28
Fwd EY2.36%
FCF(TTM)5.05
FCFY2.78%
OCF(TTM)6.88
OCFY3.78%
SpS33.46
BVpS13.58
TBVpS4.48
PEG (NY)2.83
PEG (5Y)9.77
Graham Number34.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.12% | ||
| ROE | 24.72% | ||
| ROCE | 10.6% | ||
| ROIC | 8.36% | ||
| ROICexc | 8.57% | ||
| ROICexgc | 11.78% | ||
| OM | 10.87% | ||
| PM (TTM) | 10.04% | ||
| GM | 23.54% | ||
| FCFM | 15.09% |
ROA(3y)9.29%
ROA(5y)10.45%
ROE(3y)28.09%
ROE(5y)35.48%
ROIC(3y)10.89%
ROIC(5y)11.51%
ROICexc(3y)11.19%
ROICexc(5y)11.8%
ROICexgc(3y)14.13%
ROICexgc(5y)15.27%
ROCE(3y)13.82%
ROCE(5y)14.77%
ROICexgc growth 3Y-3.82%
ROICexgc growth 5Y-11.02%
ROICexc growth 3Y-2.17%
ROICexc growth 5Y-7.67%
OM growth 3Y-5.2%
OM growth 5Y-5.02%
PM growth 3Y-10.2%
PM growth 5Y-4.14%
GM growth 3Y-2.2%
GM growth 5Y-2.93%
F-Score5
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | 3.27 | ||
| Debt/EBITDA | 3.44 | ||
| Cap/Depr | 163.08% | ||
| Cap/Sales | 5.47% | ||
| Interest Coverage | 5.02 | ||
| Cash Conversion | 144.55% | ||
| Profit Quality | 150.34% | ||
| Current Ratio | 1.71 | ||
| Quick Ratio | 1.62 | ||
| Altman-Z | 5.89 |
F-Score5
WACC9.75%
ROIC/WACC0.86
Cap/Depr(3y)213.4%
Cap/Depr(5y)302.1%
Cap/Sales(3y)6.87%
Cap/Sales(5y)9.46%
Profit Quality(3y)65.42%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.57%
EPS 3Y2.86%
EPS 5Y4.83%
EPS Q2Q%20.48%
EPS Next Y16.66%
EPS Next 2Y13.41%
EPS Next 3Y12.77%
EPS Next 5Y12.94%
Revenue 1Y (TTM)14.01%
Revenue growth 3Y8.37%
Revenue growth 5Y7.37%
Sales Q2Q%28.92%
Revenue Next Year17.55%
Revenue Next 2Y16.94%
Revenue Next 3Y13.32%
Revenue Next 5Y11.38%
EBIT growth 1Y-7.9%
EBIT growth 3Y2.74%
EBIT growth 5Y1.98%
EBIT Next Year40.75%
EBIT Next 3Y20.48%
EBIT Next 5Y14.83%
FCF growth 1Y440.38%
FCF growth 3Y50.39%
FCF growth 5Y21.23%
OCF growth 1Y151.94%
OCF growth 3Y1.9%
OCF growth 5Y7.89%
BWX TECHNOLOGIES INC / BWXT FAQ
What is the ChartMill fundamental rating of BWX TECHNOLOGIES INC (BWXT) stock?
ChartMill assigns a fundamental rating of 6 / 10 to BWXT.
What is the valuation status of BWX TECHNOLOGIES INC (BWXT) stock?
ChartMill assigns a valuation rating of 3 / 10 to BWX TECHNOLOGIES INC (BWXT). This can be considered as Overvalued.
How profitable is BWX TECHNOLOGIES INC (BWXT) stock?
BWX TECHNOLOGIES INC (BWXT) has a profitability rating of 6 / 10.
How financially healthy is BWX TECHNOLOGIES INC?
The financial health rating of BWX TECHNOLOGIES INC (BWXT) is 6 / 10.
Can you provide the dividend sustainability for BWXT stock?
The dividend rating of BWX TECHNOLOGIES INC (BWXT) is 6 / 10 and the dividend payout ratio is 29.88%.