BWX TECHNOLOGIES INC (BWXT) Stock Fundamental Analysis
USA - NYSE:BWXT - US05605H1005 - Common Stock
179.81 USD
+3.9 (+2.22%)
183.67 USD
+3.86 (+2.15%)
BWXT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 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. BWXT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BWXT was profitable.
BWXT had a positive operating cash flow in the past year.
In the past 5 years BWXT has always been profitable.
BWXT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.92%, BWXT belongs to the top of the industry, outperforming 84.51% of the companies in the same industry.
BWXT has a better Return On Equity (24.75%) than 91.55% of its industry peers.
BWXT has a better Return On Invested Capital (8.16%) than 73.24% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BWXT is above the industry average of 8.47%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.92% | ||
| ROE | 24.75% | ||
| ROIC | 8.16% |
ROA(3y)9.29%
ROA(5y)10.45%
ROE(3y)28.1%
ROE(5y)35.48%
ROIC(3y)10.9%
ROIC(5y)11.52%
1.3 Margins
BWXT has a Profit Margin of 10.23%. This is amongst the best in the industry. BWXT outperforms 81.69% of its industry peers.
BWXT's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 11.23%, BWXT is doing good in the industry, outperforming 74.65% of the companies in the same industry.
BWXT's Operating Margin has declined in the last couple of years.
BWXT has a Gross Margin (24.26%) 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 | 11.23% | ||
| PM (TTM) | 10.23% | ||
| GM | 24.26% |
OM growth 3Y-5.16%
OM growth 5Y-4.99%
PM growth 3Y-10.2%
PM growth 5Y-4.13%
GM growth 3Y-2.2%
GM growth 5Y-2.93%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BWXT is still creating some value.
Compared to 1 year ago, BWXT has less shares outstanding
Compared to 5 years ago, BWXT has less shares outstanding
Compared to 1 year ago, BWXT has an improved debt to assets ratio.
2.2 Solvency
BWXT has an Altman-Z score of 6.02. This indicates that BWXT is financially healthy and has little risk of bankruptcy at the moment.
BWXT has a Altman-Z score of 6.02. This is in the better half of the industry: BWXT outperforms 70.42% of its industry peers.
BWXT has a debt to FCF ratio of 4.26. This is a neutral value as BWXT would need 4.26 years to pay back of all of its debts.
The Debt to FCF ratio of BWXT (4.26) is better than 78.87% of its industry peers.
A Debt/Equity ratio of 1.28 is on the high side and indicates that BWXT has dependencies on debt financing.
BWXT has a Debt to Equity ratio of 1.28. This is amonst the worse of the industry: BWXT underperforms 83.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 4.26 | ||
| Altman-Z | 6.02 |
ROIC/WACC0.84
WACC9.66%
2.3 Liquidity
BWXT has a Current Ratio of 1.69. This is a normal value and indicates that BWXT is financially healthy and should not expect problems in meeting its short term obligations.
BWXT has a Current ratio of 1.69. This is in the lower half of the industry: BWXT underperforms 61.97% of its industry peers.
BWXT has a Quick Ratio of 1.60. This is a normal value and indicates that BWXT is financially healthy and should not expect problems in meeting its short term obligations.
BWXT has a better Quick ratio (1.60) than 60.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.6 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.57% over the past year.
BWXT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.83% yearly.
Looking at the last year, BWXT shows a quite strong growth in Revenue. The Revenue has grown by 8.31% in the last year.
BWXT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.37% yearly.
EPS 1Y (TTM)12.57%
EPS 3Y2.86%
EPS 5Y4.83%
EPS Q2Q%20.48%
Revenue 1Y (TTM)8.31%
Revenue growth 3Y8.37%
Revenue growth 5Y7.37%
Sales Q2Q%28.92%
3.2 Future
Based on estimates for the next years, BWXT will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.20% on average per year.
BWXT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.90% yearly.
EPS Next Y14.52%
EPS Next 2Y10.75%
EPS Next 3Y11.68%
EPS Next 5Y11.2%
Revenue Next Year16.12%
Revenue Next 2Y13.14%
Revenue Next 3Y12.6%
Revenue Next 5Y8.9%
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
A Price/Earnings ratio of 46.70 indicates a quite expensive valuation of BWXT.
BWXT's Price/Earnings is on the same level as the industry average.
BWXT is valuated expensively when we compare the Price/Earnings ratio to 25.47, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 44.02, which means the current valuation is very expensive for BWXT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BWXT is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of BWXT to the average of the S&P500 Index (35.42), we can say BWXT is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.7 | ||
| Fwd PE | 44.02 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as BWXT.
Based on the Price/Free Cash Flow ratio, BWXT is valued a bit cheaper than the industry average as 66.20% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.65 | ||
| EV/EBITDA | 43.03 |
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 decent profitability rating of BWXT may justify a higher PE ratio.
PEG (NY)3.22
PEG (5Y)9.66
EPS Next 2Y10.75%
EPS Next 3Y11.68%
5. Dividend
5.1 Amount
BWXT has a yearly dividend return of 0.56%, which is pretty low.
Compared to an average industry Dividend Yield of 1.37, BWXT pays a better dividend. On top of this BWXT pays more dividend than 80.28% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, 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 6.97%!
BWXT has paid a dividend for at least 10 years, which is a reliable track record.
As BWXT did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)6.97%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
BWXT pays out 31.06% of its income as dividend. This is a sustainable payout ratio.
BWXT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP31.06%
EPS Next 2Y10.75%
EPS Next 3Y11.68%
179.81
+3.9 (+2.22%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners96.11%
Inst Owner Change-4.48%
Ins Owners0.36%
Ins Owner Change-6.4%
Market Cap16.43B
Revenue(TTM)2.70B
Net Income(TTM)293.00M
Analysts82.35
Price Target210.8 (17.23%)
Short Float %2.04%
Short Ratio1.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.56% |
Yearly Dividend0.96
Dividend Growth(5Y)6.97%
DP31.06%
Div Incr Years9
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.82%
Min EPS beat(2)19.54%
Max EPS beat(2)26.1%
EPS beat(4)4
Avg EPS beat(4)15.35%
Min EPS beat(4)4.98%
Max EPS beat(4)26.1%
EPS beat(8)8
Avg EPS beat(8)11%
EPS beat(12)10
Avg EPS beat(12)8.29%
EPS beat(16)12
Avg EPS beat(16)6.38%
Revenue beat(2)2
Avg Revenue beat(2)4.59%
Min Revenue beat(2)3.79%
Max Revenue beat(2)5.38%
Revenue beat(4)4
Avg Revenue beat(4)2.71%
Min Revenue beat(4)0.04%
Max Revenue beat(4)5.38%
Revenue beat(8)7
Avg Revenue beat(8)2.78%
Revenue beat(12)8
Avg Revenue beat(12)1.73%
Revenue beat(16)10
Avg Revenue beat(16)0.6%
PT rev (1m)7.25%
PT rev (3m)32.05%
EPS NQ rev (1m)0.62%
EPS NQ rev (3m)-2.97%
EPS NY rev (1m)-0.11%
EPS NY rev (3m)5.94%
Revenue NQ rev (1m)0.71%
Revenue NQ rev (3m)0.62%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)1.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.7 | ||
| Fwd PE | 44.02 | ||
| P/S | 5.74 | ||
| P/FCF | 45.65 | ||
| P/OCF | 31.67 | ||
| P/B | 13.88 | ||
| P/tB | 47.5 | ||
| EV/EBITDA | 43.03 |
EPS(TTM)3.85
EY2.14%
EPS(NY)4.08
Fwd EY2.27%
FCF(TTM)3.94
FCFY2.19%
OCF(TTM)5.68
OCFY3.16%
SpS31.34
BVpS12.95
TBVpS3.79
PEG (NY)3.22
PEG (5Y)9.66
Graham Number33.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.92% | ||
| ROE | 24.75% | ||
| ROCE | 10.35% | ||
| ROIC | 8.16% | ||
| ROICexc | 8.26% | ||
| ROICexgc | 11.36% | ||
| OM | 11.23% | ||
| PM (TTM) | 10.23% | ||
| GM | 24.26% | ||
| FCFM | 12.57% |
ROA(3y)9.29%
ROA(5y)10.45%
ROE(3y)28.1%
ROE(5y)35.48%
ROIC(3y)10.9%
ROIC(5y)11.52%
ROICexc(3y)11.2%
ROICexc(5y)11.81%
ROICexgc(3y)14.15%
ROICexgc(5y)15.28%
ROCE(3y)13.82%
ROCE(5y)14.77%
ROICexgc growth 3Y-3.8%
ROICexgc growth 5Y-11.01%
ROICexc growth 3Y-2.14%
ROICexc growth 5Y-7.65%
OM growth 3Y-5.16%
OM growth 5Y-4.99%
PM growth 3Y-10.2%
PM growth 5Y-4.13%
GM growth 3Y-2.2%
GM growth 5Y-2.93%
F-Score5
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 4.26 | ||
| Debt/EBITDA | 3.65 | ||
| Cap/Depr | 167.37% | ||
| Cap/Sales | 5.55% | ||
| Interest Coverage | 4.6 | ||
| Cash Conversion | 124.55% | ||
| Profit Quality | 122.87% | ||
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.6 | ||
| Altman-Z | 6.02 |
F-Score5
WACC9.66%
ROIC/WACC0.84
Cap/Depr(3y)212.97%
Cap/Depr(5y)301.85%
Cap/Sales(3y)6.88%
Cap/Sales(5y)9.46%
Profit Quality(3y)65.38%
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 Y14.52%
EPS Next 2Y10.75%
EPS Next 3Y11.68%
EPS Next 5Y11.2%
Revenue 1Y (TTM)8.31%
Revenue growth 3Y8.37%
Revenue growth 5Y7.37%
Sales Q2Q%28.92%
Revenue Next Year16.12%
Revenue Next 2Y13.14%
Revenue Next 3Y12.6%
Revenue Next 5Y8.9%
EBIT growth 1Y-8.68%
EBIT growth 3Y2.78%
EBIT growth 5Y2.01%
EBIT Next Year41.13%
EBIT Next 3Y19.99%
EBIT Next 5Y14.22%
FCF growth 1Y434.92%
FCF growth 3Y50.24%
FCF growth 5Y21.16%
OCF growth 1Y115.98%
OCF growth 3Y1.86%
OCF growth 5Y7.87%
BWX TECHNOLOGIES INC / BWXT FAQ
What is the ChartMill fundamental rating of BWX TECHNOLOGIES INC (BWXT) stock?
ChartMill assigns a fundamental rating of 5 / 10 to BWXT.
Can you provide the valuation status for BWX TECHNOLOGIES INC?
ChartMill assigns a valuation rating of 2 / 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.
Can you provide the PE and PB ratios for BWXT stock?
The Price/Earnings (PE) ratio for BWX TECHNOLOGIES INC (BWXT) is 46.7 and the Price/Book (PB) ratio is 13.88.
How sustainable is the dividend of BWX TECHNOLOGIES INC (BWXT) stock?
The dividend rating of BWX TECHNOLOGIES INC (BWXT) is 6 / 10 and the dividend payout ratio is 31.06%.