BWX TECHNOLOGIES INC (BWXT) Stock Fundamental Analysis
USA - NYSE:BWXT - US05605H1005 - Common Stock
209.01 USD
+5.19 (+2.55%)
207.3 USD
-1.71 (-0.82%)
Taking everything into account, BWXT scores 5 out of 10 in our fundamental rating. BWXT was compared to 69 industry peers in the Aerospace & Defense industry. BWXT has only an average score on both its financial health and profitability. 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.
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
The Return On Assets of BWXT (7.96%) is better than 86.96% of its industry peers.
The Return On Equity of BWXT (24.86%) is better than 92.75% of its industry peers.
The Return On Invested Capital of BWXT (8.15%) is better than 72.46% of its industry peers.
BWXT had an Average Return On Invested Capital over the past 3 years of 10.89%. This is above the industry average of 8.33%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.96% | ||
| ROE | 24.86% | ||
| ROIC | 8.15% |
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
BWXT has a better Profit Margin (10.28%) than 82.61% of its industry peers.
BWXT's Profit Margin has declined in the last couple of years.
BWXT has a better Operating Margin (11.23%) than 75.36% of its industry peers.
BWXT's Operating Margin has declined in the last couple of years.
BWXT's Gross Margin of 24.26% is in line compared to the rest of the industry. BWXT outperforms 50.72% of its industry peers.
BWXT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.23% | ||
| PM (TTM) | 10.28% | ||
| GM | 24.26% |
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.
BWXT has less shares outstanding than it did 5 years ago.
The debt/assets ratio for BWXT has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.66 indicates that BWXT is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 6.66, BWXT is doing good in the industry, outperforming 71.01% of the companies in the same industry.
The Debt to FCF ratio of BWXT is 4.25, which is a neutral value as it means it would take BWXT, 4.25 years of fcf income to pay off all of its debts.
BWXT's Debt to FCF ratio of 4.25 is fine compared to the rest of the industry. BWXT outperforms 79.71% 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.
The Debt to Equity ratio of BWXT (1.28) is worse than 79.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 4.25 | ||
| Altman-Z | 6.66 |
ROIC/WACC0.84
WACC9.66%
2.3 Liquidity
A Current Ratio of 1.69 indicates that BWXT should not have too much problems paying its short term obligations.
BWXT has a worse Current ratio (1.69) than 60.87% of its industry peers.
A Quick Ratio of 1.60 indicates that BWXT should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.60, BWXT is doing good in the industry, outperforming 60.87% of the companies in the same industry.
| 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 12.88% over the past year.
The Earnings Per Share has been growing slightly by 4.83% on average over the past years.
Looking at the last year, BWXT shows a quite strong growth in Revenue. The Revenue has grown by 10.13% in the last year.
The Revenue has been growing slightly by 7.37% on average over the past years.
EPS 1Y (TTM)12.88%
EPS 3Y2.86%
EPS 5Y4.83%
EPS Q2Q%24.39%
Revenue 1Y (TTM)10.13%
Revenue growth 3Y8.37%
Revenue growth 5Y7.37%
Sales Q2Q%12.11%
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.
The Revenue is expected to grow by 8.90% on average over the next years. This is quite good.
EPS Next Y14.64%
EPS Next 2Y10.48%
EPS Next 3Y10.44%
EPS Next 5Y11.2%
Revenue Next Year15.9%
Revenue Next 2Y12.65%
Revenue Next 3Y11.45%
Revenue Next 5Y8.9%
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
With a Price/Earnings ratio of 56.80, BWXT can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as BWXT.
When comparing the Price/Earnings ratio of BWXT to the average of the S&P500 Index (27.29), we can say BWXT is valued expensively.
With a Price/Forward Earnings ratio of 51.42, BWXT can be considered very expensive at the moment.
BWXT's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.85, BWXT is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.8 | ||
| Fwd PE | 51.42 |
4.2 Price Multiples
BWXT's Enterprise Value to EBITDA ratio is in line with the industry average.
65.22% of the companies in the same industry are more expensive than BWXT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.02 | ||
| EV/EBITDA | 49.46 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
BWXT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.88
PEG (5Y)11.75
EPS Next 2Y10.48%
EPS Next 3Y10.44%
5. Dividend
5.1 Amount
BWXT has a yearly dividend return of 0.51%, which is pretty low.
BWXT's Dividend Yield is a higher than the industry average which is at 1.16.
Compared to an average S&P500 Dividend Yield of 2.38, BWXT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
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
30.84% of the earnings are spent on dividend by BWXT. This is a low number and sustainable payout ratio.
The dividend of BWXT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP30.84%
EPS Next 2Y10.48%
EPS Next 3Y10.44%
209.01
+5.19 (+2.55%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners96.11%
Inst Owner Change0%
Ins Owners0.36%
Ins Owner Change-3.16%
Market Cap19.10B
Analysts83.33
Price Target196.55 (-5.96%)
Short Float %2.77%
Short Ratio2.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
Yearly Dividend0.97
Dividend Growth(5Y)7.06%
DP30.84%
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)4.61%
PT rev (3m)39.31%
EPS NQ rev (1m)-0.95%
EPS NQ rev (3m)-3.36%
EPS NY rev (1m)-0.06%
EPS NY rev (3m)6.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.15%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)1.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.8 | ||
| Fwd PE | 51.42 | ||
| P/S | 6.67 | ||
| P/FCF | 53.02 | ||
| P/OCF | 36.79 | ||
| P/B | 16.13 | ||
| P/tB | 55.05 | ||
| EV/EBITDA | 49.46 |
EPS(TTM)3.68
EY1.76%
EPS(NY)4.06
Fwd EY1.94%
FCF(TTM)3.94
FCFY1.89%
OCF(TTM)5.68
OCFY2.72%
SpS31.34
BVpS12.96
TBVpS3.8
PEG (NY)3.88
PEG (5Y)11.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.96% | ||
| ROE | 24.86% | ||
| ROCE | 10.34% | ||
| ROIC | 8.15% | ||
| ROICexc | 8.25% | ||
| ROICexgc | 11.34% | ||
| OM | 11.23% | ||
| PM (TTM) | 10.28% | ||
| GM | 24.26% | ||
| FCFM | 12.58% |
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%
ROICexcg growth 3Y-3.82%
ROICexcg 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 Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.28 | ||
| Debt/FCF | 4.25 | ||
| Debt/EBITDA | 3.65 | ||
| Cap/Depr | 167.51% | ||
| Cap/Sales | 5.55% | ||
| Interest Coverage | 4.58 | ||
| Cash Conversion | 124.67% | ||
| Profit Quality | 122.4% | ||
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.6 | ||
| Altman-Z | 6.66 |
F-Score5
WACC9.66%
ROIC/WACC0.84
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)12.88%
EPS 3Y2.86%
EPS 5Y4.83%
EPS Q2Q%24.39%
EPS Next Y14.64%
EPS Next 2Y10.48%
EPS Next 3Y10.44%
EPS Next 5Y11.2%
Revenue 1Y (TTM)10.13%
Revenue growth 3Y8.37%
Revenue growth 5Y7.37%
Sales Q2Q%12.11%
Revenue Next Year15.9%
Revenue Next 2Y12.65%
Revenue Next 3Y11.45%
Revenue Next 5Y8.9%
EBIT growth 1Y-8.66%
EBIT growth 3Y2.74%
EBIT growth 5Y1.98%
EBIT Next Year41.13%
EBIT Next 3Y19.99%
EBIT Next 5Y14.22%
FCF growth 1Y435.34%
FCF growth 3Y50.39%
FCF growth 5Y21.23%
OCF growth 1Y116.06%
OCF growth 3Y1.9%
OCF growth 5Y7.89%