BOYD GROUP SERVICES INC (BYD.CA) Stock Fundamental Analysis
TSX:BYD - Toronto Stock Exchange - CA1033101082 - Common Stock - Currency: CAD
Taking everything into account, BYD scores 4 out of 10 in our fundamental rating. BYD was compared to 24 industry peers in the Commercial Services & Supplies industry. BYD has a medium profitability rating, but doesn't score so well on its financial health evaluation. BYD is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BYD was profitable.
BYD had a positive operating cash flow in the past year.
BYD had positive earnings in each of the past 5 years.
In the past 5 years BYD always reported a positive cash flow from operatings.
1.2 Ratios
BYD's Return On Assets of 1.00% is fine compared to the rest of the industry. BYD outperforms 62.50% of its industry peers.
BYD has a Return On Equity (2.95%) which is in line with its industry peers.
BYD has a Return On Invested Capital (4.11%) which is in line with its industry peers.
BYD had an Average Return On Invested Capital over the past 3 years of 5.13%. This is below the industry average of 8.20%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1% | ||
| ROE | 2.95% | ||
| ROIC | 4.11% |
ROA(3y)2.19%
ROA(5y)2.1%
ROE(3y)6.3%
ROE(5y)5.64%
ROIC(3y)5.13%
ROIC(5y)4.64%
1.3 Margins
BYD has a better Profit Margin (0.80%) than 62.50% of its industry peers.
BYD's Profit Margin has declined in the last couple of years.
BYD has a Operating Margin (3.62%) which is in line with its industry peers.
BYD's Operating Margin has declined in the last couple of years.
BYD's Gross Margin of 45.48% is fine compared to the rest of the industry. BYD outperforms 75.00% of its industry peers.
BYD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.62% | ||
| PM (TTM) | 0.8% | ||
| GM | 45.48% |
OM growth 3Y6.46%
OM growth 5Y-11.36%
PM growth 3Y-14.01%
PM growth 5Y-22.24%
GM growth 3Y0.65%
GM growth 5Y0.04%
2. Health
2.1 Basic Checks
BYD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for BYD remains at a similar level compared to 1 year ago.
The number of shares outstanding for BYD has been increased compared to 5 years ago.
The debt/assets ratio for BYD is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.57 indicates that BYD is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.57, BYD is doing good in the industry, outperforming 70.83% of the companies in the same industry.
BYD has a debt to FCF ratio of 5.37. This is a neutral value as BYD would need 5.37 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.37, BYD is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
BYD has a Debt/Equity ratio of 1.35. This is a high value indicating a heavy dependency on external financing.
BYD has a Debt to Equity ratio (1.35) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | 5.37 | ||
| Altman-Z | 2.57 |
ROIC/WACC0.55
WACC7.43%
2.3 Liquidity
A Current Ratio of 0.62 indicates that BYD may have some problems paying its short term obligations.
BYD's Current ratio of 0.62 is on the low side compared to the rest of the industry. BYD is outperformed by 75.00% of its industry peers.
BYD has a Quick Ratio of 0.62. This is a bad value and indicates that BYD is not financially healthy enough and could expect problems in meeting its short term obligations.
BYD's Quick ratio of 0.45 is on the low side compared to the rest of the industry. BYD is outperformed by 79.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.45 |
3. Growth
3.1 Past
BYD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -65.55%.
BYD shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -17.70% yearly.
BYD shows a small growth in Revenue. In the last year, the Revenue has grown by 4.22%.
Measured over the past years, BYD shows a quite strong growth in Revenue. The Revenue has been growing by 12.27% on average per year.
EPS 1Y (TTM)-65.55%
EPS 3Y3.2%
EPS 5Y-17.7%
EPS Q2Q%-68.82%
Revenue 1Y (TTM)4.22%
Revenue growth 3Y17.92%
Revenue growth 5Y12.27%
Sales Q2Q%1.67%
3.2 Future
The Earnings Per Share is expected to grow by 54.69% on average over the next years. This is a very strong growth
BYD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.11% yearly.
EPS Next Y90.25%
EPS Next 2Y83.85%
EPS Next 3Y65.64%
EPS Next 5Y54.69%
Revenue Next Year6.69%
Revenue Next 2Y8.49%
Revenue Next 3Y9.34%
Revenue Next 5Y10.11%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 101.06 indicates a quite expensive valuation of BYD.
BYD's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 28.79. BYD is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 53.18, the valuation of BYD can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BYD is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, BYD is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 101.06 | ||
| Fwd PE | 53.18 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BYD is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, BYD is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.43 | ||
| EV/EBITDA | 12.96 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
BYD's earnings are expected to grow with 65.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.12
PEG (5Y)N/A
EPS Next 2Y83.85%
EPS Next 3Y65.64%
5. Dividend
5.1 Amount
BYD has a yearly dividend return of 0.30%, which is pretty low.
Compared to an average industry Dividend Yield of 2.42, BYD pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.47, BYD's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
5.2 History
The dividend of BYD has a limited annual growth rate of 1.52%.
BYD has paid a dividend for at least 10 years, which is a reliable track record.
BYD has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.52%
Div Incr Years16
Div Non Decr Years16
5.3 Sustainability
38.48% of the earnings are spent on dividend by BYD. This is a low number and sustainable payout ratio.
The dividend of BYD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP38.48%
EPS Next 2Y83.85%
EPS Next 3Y65.64%
TSX:BYD (4/25/2025, 7:00:00 PM)
202.11
-2.24 (-1.1%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)
Earnings (Next)
Inst Owners52.4%
Inst Owner ChangeN/A
Ins Owners0.37%
Ins Owner ChangeN/A
Market Cap4.34B
Analysts78.75
Price Target273.52 (35.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
Yearly Dividend0.61
Dividend Growth(5Y)1.52%
DP38.48%
Div Incr Years16
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-19.35%
Min EPS beat(2)-69.21%
Max EPS beat(2)30.51%
EPS beat(4)1
Avg EPS beat(4)-23.25%
Min EPS beat(4)-69.21%
Max EPS beat(4)30.51%
EPS beat(8)3
Avg EPS beat(8)-10.21%
EPS beat(12)5
Avg EPS beat(12)-0.64%
EPS beat(16)6
Avg EPS beat(16)-3.13%
Revenue beat(2)0
Avg Revenue beat(2)-1.07%
Min Revenue beat(2)-1.79%
Max Revenue beat(2)-0.34%
Revenue beat(4)0
Avg Revenue beat(4)-1.4%
Min Revenue beat(4)-2.2%
Max Revenue beat(4)-0.34%
Revenue beat(8)2
Avg Revenue beat(8)0.14%
Revenue beat(12)6
Avg Revenue beat(12)1.33%
Revenue beat(16)9
Avg Revenue beat(16)0.58%
PT rev (1m)-1.41%
PT rev (3m)1.57%
EPS NQ rev (1m)-68.33%
EPS NQ rev (3m)-68.41%
EPS NY rev (1m)-15.28%
EPS NY rev (3m)-26.02%
Revenue NQ rev (1m)-3.97%
Revenue NQ rev (3m)-4.04%
Revenue NY rev (1m)-1.34%
Revenue NY rev (3m)-1.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 101.06 | ||
| Fwd PE | 53.18 | ||
| P/S | 1.02 | ||
| P/FCF | 13.43 | ||
| P/OCF | 9.98 | ||
| P/B | 3.76 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.96 |
EPS(TTM)2
EY0.99%
EPS(NY)3.8
Fwd EY1.88%
FCF(TTM)15.05
FCFY7.44%
OCF(TTM)20.24
OCFY10.02%
SpS198.37
BVpS53.68
TBVpS-9.69
PEG (NY)1.12
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1% | ||
| ROE | 2.95% | ||
| ROCE | 5.48% | ||
| ROIC | 4.11% | ||
| ROICexc | 4.15% | ||
| ROICexgc | 8.11% | ||
| OM | 3.62% | ||
| PM (TTM) | 0.8% | ||
| GM | 45.48% | ||
| FCFM | 7.58% |
ROA(3y)2.19%
ROA(5y)2.1%
ROE(3y)6.3%
ROE(5y)5.64%
ROIC(3y)5.13%
ROIC(5y)4.64%
ROICexc(3y)5.18%
ROICexc(5y)4.74%
ROICexgc(3y)10.88%
ROICexgc(5y)10.65%
ROCE(3y)6.83%
ROCE(5y)6.19%
ROICexcg growth 3Y9.42%
ROICexcg growth 5Y-16.32%
ROICexc growth 3Y17.12%
ROICexc growth 5Y-11.35%
OM growth 3Y6.46%
OM growth 5Y-11.36%
PM growth 3Y-14.01%
PM growth 5Y-22.24%
GM growth 3Y0.65%
GM growth 5Y0.04%
F-Score4
Asset Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.35 | ||
| Debt/FCF | 5.37 | ||
| Debt/EBITDA | 3.35 | ||
| Cap/Depr | 35.71% | ||
| Cap/Sales | 2.62% | ||
| Interest Coverage | 1.02 | ||
| Cash Conversion | 93.12% | ||
| Profit Quality | 948.78% | ||
| Current Ratio | 0.62 | ||
| Quick Ratio | 0.45 | ||
| Altman-Z | 2.57 |
F-Score4
WACC7.43%
ROIC/WACC0.55
Cap/Depr(3y)28.51%
Cap/Depr(5y)25.72%
Cap/Sales(3y)2%
Cap/Sales(5y)1.92%
Profit Quality(3y)618.7%
Profit Quality(5y)601.82%
High Growth Momentum
Growth
EPS 1Y (TTM)-65.55%
EPS 3Y3.2%
EPS 5Y-17.7%
EPS Q2Q%-68.82%
EPS Next Y90.25%
EPS Next 2Y83.85%
EPS Next 3Y65.64%
EPS Next 5Y54.69%
Revenue 1Y (TTM)4.22%
Revenue growth 3Y17.92%
Revenue growth 5Y12.27%
Sales Q2Q%1.67%
Revenue Next Year6.69%
Revenue Next 2Y8.49%
Revenue Next 3Y9.34%
Revenue Next 5Y10.11%
EBIT growth 1Y-36.74%
EBIT growth 3Y25.53%
EBIT growth 5Y-0.48%
EBIT Next Year255.56%
EBIT Next 3Y70.31%
EBIT Next 5Y45.72%
FCF growth 1Y-21.96%
FCF growth 3Y13.25%
FCF growth 5Y3.51%
OCF growth 1Y-12.37%
OCF growth 3Y16.78%
OCF growth 5Y7.03%