BOYD GROUP SERVICES INC (BYD.CA) Stock Fundamental Analysis
TSX:BYD - Toronto Stock Exchange - CA1033101082 - Common Stock - Currency: CAD
Overall BYD gets a fundamental rating of 4 out of 10. We evaluated BYD against 24 industry peers in the Commercial Services & Supplies industry. While BYD is still in line with the averages on profitability rating, there are concerns on its financial health. BYD 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 BYD was profitable.
In the past year BYD had a positive cash flow from operations.
Each year in the past 5 years BYD has been profitable.
Each year in the past 5 years BYD had a positive operating cash flow.
1.2 Ratios
BYD's Return On Assets of 1.64% is in line compared to the rest of the industry. BYD outperforms 54.17% of its industry peers.
BYD has a Return On Equity of 4.90%. This is comparable to the rest of the industry: BYD outperforms 58.33% of its industry peers.
The Return On Invested Capital of BYD (4.45%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for BYD is below the industry average of 8.05%.
The last Return On Invested Capital (4.45%) for BYD is above the 3 year average (4.36%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.64% | ||
| ROE | 4.9% | ||
| ROIC | 4.45% |
ROA(3y)2.25%
ROA(5y)2.56%
ROE(3y)6.4%
ROE(5y)7.1%
ROIC(3y)4.36%
ROIC(5y)5.03%
1.3 Margins
With a decent Profit Margin value of 1.35%, BYD is doing good in the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of BYD has declined.
BYD's Operating Margin of 4.22% is in line compared to the rest of the industry. BYD outperforms 45.83% of its industry peers.
BYD's Operating Margin has been stable in the last couple of years.
BYD has a better Gross Margin (45.39%) than 75.00% of its industry peers.
BYD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.22% | ||
| PM (TTM) | 1.35% | ||
| GM | 45.39% |
OM growth 3Y1.34%
OM growth 5Y-0.97%
PM growth 3Y2.07%
PM growth 5Y-6.71%
GM growth 3Y-0.4%
GM growth 5Y0.14%
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.
Compared to 1 year ago, BYD has about the same amount of shares outstanding.
BYD has more shares outstanding than it did 5 years ago.
BYD has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.72 indicates that BYD is not a great score, but indicates only limited risk for bankruptcy at the moment.
BYD's Altman-Z score of 2.72 is fine compared to the rest of the industry. BYD outperforms 70.83% of its industry peers.
BYD has a debt to FCF ratio of 5.02. This is a neutral value as BYD would need 5.02 years to pay back of all of its debts.
BYD has a better Debt to FCF ratio (5.02) than 70.83% of its industry peers.
BYD has a Debt/Equity ratio of 1.36. This is a high value indicating a heavy dependency on external financing.
BYD has a Debt to Equity ratio of 1.36. This is comparable to the rest of the industry: BYD outperforms 41.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 5.02 | ||
| Altman-Z | 2.72 |
ROIC/WACC0.6
WACC7.41%
2.3 Liquidity
A Current Ratio of 0.70 indicates that BYD may have some problems paying its short term obligations.
BYD's Current ratio of 0.70 is on the low side compared to the rest of the industry. BYD is outperformed by 62.50% of its industry peers.
BYD has a Quick Ratio of 0.70. 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 has a Quick ratio of 0.55. This is in the lower half of the industry: BYD underperforms 70.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
The earnings per share for BYD have decreased strongly by -47.07% in the last year.
BYD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.47% yearly.
BYD shows a small growth in Revenue. In the last year, the Revenue has grown by 7.56%.
The Revenue has been growing by 15.41% on average over the past years. This is quite good.
EPS 1Y (TTM)-47.07%
EPS 3Y28.99%
EPS 5Y4.47%
EPS Q2Q%-85%
Revenue 1Y (TTM)7.56%
Revenue growth 3Y23.66%
Revenue growth 5Y15.41%
Sales Q2Q%1.96%
3.2 Future
The Earnings Per Share is expected to grow by 7.45% on average over the next years.
BYD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.51% yearly.
EPS Next Y-66.78%
EPS Next 2Y-6.28%
EPS Next 3Y7.45%
EPS Next 5YN/A
Revenue Next Year4.13%
Revenue Next 2Y6.08%
Revenue Next 3Y7.51%
Revenue Next 5YN/A
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 80.89, which means the current valuation is very expensive for BYD.
BYD's Price/Earnings is on the same level as the industry average.
BYD is valuated expensively when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
BYD is valuated quite expensively with a Price/Forward Earnings ratio of 45.79.
BYD's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, BYD is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 80.89 | ||
| Fwd PE | 45.79 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BYD indicates a somewhat cheap valuation: BYD is cheaper than 62.50% of the companies listed in the same industry.
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 | 14.29 | ||
| EV/EBITDA | 13.93 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)18.09
EPS Next 2Y-6.28%
EPS Next 3Y7.45%
5. Dividend
5.1 Amount
BYD has a yearly dividend return of 0.25%, which is pretty low.
Compared to an average industry Dividend Yield of 2.38, BYD pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.25, BYD pays less dividend than the S&P500 average, which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
5.2 History
The dividend of BYD has a limited annual growth rate of 1.37%.
BYD has paid a dividend for at least 10 years, which is a reliable track record.
BYD has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.37%
Div Incr Years16
Div Non Decr Years16
5.3 Sustainability
BYD pays out 22.85% of its income as dividend. This is a sustainable payout ratio.
The dividend of BYD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP22.85%
EPS Next 2Y-6.28%
EPS Next 3Y7.45%
TSX:BYD (3/7/2025, 7:00:00 PM)
241.06
-0.02 (-0.01%)
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 Cap5.18B
Analysts78.75
Price Target277.44 (15.09%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.25% |
Yearly Dividend0.63
Dividend Growth(5Y)1.37%
DP22.85%
Div Incr Years16
Div Non Decr Years16
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-42.37%
Min EPS beat(2)-69.21%
Max EPS beat(2)-15.52%
EPS beat(4)0
Avg EPS beat(4)-35%
Min EPS beat(4)-69.21%
Max EPS beat(4)-15.52%
EPS beat(8)2
Avg EPS beat(8)-15.94%
EPS beat(12)5
Avg EPS beat(12)5.32%
EPS beat(16)5
Avg EPS beat(16)-5.59%
Revenue beat(2)0
Avg Revenue beat(2)-2%
Min Revenue beat(2)-2.2%
Max Revenue beat(2)-1.79%
Revenue beat(4)0
Avg Revenue beat(4)-1.6%
Min Revenue beat(4)-2.2%
Max Revenue beat(4)-1.16%
Revenue beat(8)3
Avg Revenue beat(8)0.37%
Revenue beat(12)7
Avg Revenue beat(12)1.45%
Revenue beat(16)9
Avg Revenue beat(16)0.14%
PT rev (1m)2.08%
PT rev (3m)3.03%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.38%
EPS NY rev (1m)0.36%
EPS NY rev (3m)-2.42%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.01%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 80.89 | ||
| Fwd PE | 45.79 | ||
| P/S | 1.18 | ||
| P/FCF | 14.29 | ||
| P/OCF | 10.96 | ||
| P/B | 4.29 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.93 |
EPS(TTM)2.98
EY1.24%
EPS(NY)5.26
Fwd EY2.18%
FCF(TTM)16.87
FCFY7%
OCF(TTM)22
OCFY9.13%
SpS204.21
BVpS56.14
TBVpS-9.92
PEG (NY)N/A
PEG (5Y)18.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.64% | ||
| ROE | 4.9% | ||
| ROCE | 6.25% | ||
| ROIC | 4.45% | ||
| ROICexc | 4.55% | ||
| ROICexgc | 8.91% | ||
| OM | 4.22% | ||
| PM (TTM) | 1.35% | ||
| GM | 45.39% | ||
| FCFM | 8.26% |
ROA(3y)2.25%
ROA(5y)2.56%
ROE(3y)6.4%
ROE(5y)7.1%
ROIC(3y)4.36%
ROIC(5y)5.03%
ROICexc(3y)4.42%
ROICexc(5y)5.14%
ROICexgc(3y)9.71%
ROICexgc(5y)12.31%
ROCE(3y)6.14%
ROCE(5y)7.07%
ROICexcg growth 3Y0.1%
ROICexcg growth 5Y-27.17%
ROICexc growth 3Y7.88%
ROICexc growth 5Y-8.08%
OM growth 3Y1.34%
OM growth 5Y-0.97%
PM growth 3Y2.07%
PM growth 5Y-6.71%
GM growth 3Y-0.4%
GM growth 5Y0.14%
F-Score5
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.36 | ||
| Debt/FCF | 5.02 | ||
| Debt/EBITDA | 3.3 | ||
| Cap/Depr | 35.21% | ||
| Cap/Sales | 2.51% | ||
| Interest Coverage | 1.25 | ||
| Cash Conversion | 94.94% | ||
| Profit Quality | 613.77% | ||
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 2.72 |
F-Score5
WACC7.41%
ROIC/WACC0.6
Cap/Depr(3y)24.5%
Cap/Depr(5y)23.21%
Cap/Sales(3y)1.78%
Cap/Sales(5y)1.71%
Profit Quality(3y)529.46%
Profit Quality(5y)493.05%
High Growth Momentum
Growth
EPS 1Y (TTM)-47.07%
EPS 3Y28.99%
EPS 5Y4.47%
EPS Q2Q%-85%
EPS Next Y-66.78%
EPS Next 2Y-6.28%
EPS Next 3Y7.45%
EPS Next 5YN/A
Revenue 1Y (TTM)7.56%
Revenue growth 3Y23.66%
Revenue growth 5Y15.41%
Sales Q2Q%1.96%
Revenue Next Year4.13%
Revenue Next 2Y6.08%
Revenue Next 3Y7.51%
Revenue Next 5YN/A
EBIT growth 1Y-20.85%
EBIT growth 3Y25.32%
EBIT growth 5Y14.3%
EBIT Next Year90.58%
EBIT Next 3Y39.02%
EBIT Next 5YN/A
FCF growth 1Y10.93%
FCF growth 3Y13.62%
FCF growth 5Y18.7%
OCF growth 1Y22.02%
OCF growth 3Y16.03%
OCF growth 5Y19.42%