BEAZER HOMES USA INC (BZH) Stock Fundamental Analysis
USA - NYSE:BZH - US07556Q8814 - Common Stock
26.08 USD
-0.24 (-0.91%)
26.4199 USD
+0.34 (+1.3%)
BZH gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 63 industry peers in the Household Durables industry. BZH has a medium profitability rating, but doesn't score so well on its financial health evaluation. BZH is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
BZH had positive earnings in the past year.
In the past year BZH has reported a negative cash flow from operations.
In the past 5 years BZH has always been profitable.
Of the past 5 years BZH 4 years had a positive operating cash flow.
1.2 Ratios
BZH has a Return On Assets of 2.49%. This is comparable to the rest of the industry: BZH outperforms 44.44% of its industry peers.
The Return On Equity of BZH (5.56%) is comparable to the rest of the industry.
The Return On Invested Capital of BZH (2.99%) is worse than 66.67% of its industry peers.
BZH had an Average Return On Invested Capital over the past 3 years of 8.40%. This is below the industry average of 10.51%.
The 3 year average ROIC (8.40%) for BZH is well above the current ROIC(2.99%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.49% | ||
| ROE | 5.56% | ||
| ROIC | 2.99% |
ROA(3y)7.26%
ROA(5y)6.05%
ROE(3y)16.42%
ROE(5y)14.98%
ROIC(3y)8.4%
ROIC(5y)7.29%
1.3 Margins
BZH has a Profit Margin of 2.84%. This is comparable to the rest of the industry: BZH outperforms 46.03% of its industry peers.
BZH's Profit Margin has improved in the last couple of years.
BZH has a Operating Margin of 3.47%. This is in the lower half of the industry: BZH underperforms 60.32% of its industry peers.
BZH's Operating Margin has improved in the last couple of years.
The Gross Margin of BZH (16.13%) is worse than 88.89% of its industry peers.
BZH's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.47% | ||
| PM (TTM) | 2.84% | ||
| GM | 16.13% |
OM growth 3Y-3.38%
OM growth 5Y17.22%
PM growth 3Y1.81%
PM growth 5YN/A
GM growth 3Y-1.13%
GM growth 5Y3.95%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BZH is destroying value.
The number of shares outstanding for BZH has been reduced compared to 1 year ago.
The number of shares outstanding for BZH has been increased compared to 5 years ago.
The debt/assets ratio for BZH has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.45 indicates that BZH is not a great score, but indicates only limited risk for bankruptcy at the moment.
BZH has a Altman-Z score (2.45) which is comparable to the rest of the industry.
BZH has a Debt/Equity ratio of 0.94. This is a neutral value indicating BZH is somewhat dependend on debt financing.
The Debt to Equity ratio of BZH (0.94) is worse than 73.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.45 |
ROIC/WACC0.3
WACC10.01%
2.3 Liquidity
A Current Ratio of 8.35 indicates that BZH has no problem at all paying its short term obligations.
With an excellent Current ratio value of 8.35, BZH belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
A Quick Ratio of 0.55 indicates that BZH may have some problems paying its short term obligations.
BZH's Quick ratio of 0.55 is on the low side compared to the rest of the industry. BZH is outperformed by 68.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.35 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
BZH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -52.59%.
Measured over the past years, BZH shows a very strong growth in Earnings Per Share. The EPS has been growing by 43.29% on average per year.
The Revenue has grown by 9.97% in the past year. This is quite good.
Measured over the past years, BZH shows a small growth in Revenue. The Revenue has been growing by 2.22% on average per year.
EPS 1Y (TTM)-52.59%
EPS 3Y4.23%
EPS 5Y43.29%
EPS Q2Q%-101.14%
Revenue 1Y (TTM)9.97%
Revenue growth 3Y2.87%
Revenue growth 5Y2.22%
Sales Q2Q%-8.45%
3.2 Future
The Earnings Per Share is expected to decrease by -9.50% on average over the next years.
The Revenue is expected to grow by 5.29% on average over the next years.
EPS Next Y-70.88%
EPS Next 2Y-33.52%
EPS Next 3Y-9.5%
EPS Next 5YN/A
Revenue Next Year-1.85%
Revenue Next 2Y1.77%
Revenue Next 3Y5.29%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
BZH is valuated reasonably with a Price/Earnings ratio of 11.85.
Based on the Price/Earnings ratio, BZH is valued a bit cheaper than 60.32% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.20. BZH is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 13.03 indicates a correct valuation of BZH.
BZH's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of BZH to the average of the S&P500 Index (22.71), we can say BZH is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.85 | ||
| Fwd PE | 13.03 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BZH indicates a slightly more expensive valuation: BZH is more expensive than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.22 |
4.3 Compensation for Growth
A cheap valuation may be justified as BZH's earnings are expected to decrease with -9.50% in the coming years.
PEG (NY)N/A
PEG (5Y)0.27
EPS Next 2Y-33.52%
EPS Next 3Y-9.5%
5. Dividend
5.1 Amount
BZH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
26.08
-0.24 (-0.91%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners87.27%
Inst Owner Change0.11%
Ins Owners5.88%
Ins Owner Change0.39%
Market Cap775.36M
Analysts84.44
Price Target30.6 (17.33%)
Short Float %6.19%
Short Ratio4.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-23.99%
Min EPS beat(2)-102.37%
Max EPS beat(2)54.4%
EPS beat(4)2
Avg EPS beat(4)-22.98%
Min EPS beat(4)-102.37%
Max EPS beat(4)54.4%
EPS beat(8)5
Avg EPS beat(8)-3.05%
EPS beat(12)9
Avg EPS beat(12)9.79%
EPS beat(16)13
Avg EPS beat(16)21.01%
Revenue beat(2)1
Avg Revenue beat(2)-0.05%
Min Revenue beat(2)-3.41%
Max Revenue beat(2)3.31%
Revenue beat(4)3
Avg Revenue beat(4)0.78%
Min Revenue beat(4)-3.41%
Max Revenue beat(4)3.31%
Revenue beat(8)4
Avg Revenue beat(8)-1.54%
Revenue beat(12)7
Avg Revenue beat(12)1.04%
Revenue beat(16)9
Avg Revenue beat(16)0.73%
PT rev (1m)0%
PT rev (3m)-15.09%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-17.45%
EPS NY rev (1m)-29.25%
EPS NY rev (3m)-31.5%
Revenue NQ rev (1m)-1.55%
Revenue NQ rev (3m)-1.77%
Revenue NY rev (1m)0.44%
Revenue NY rev (3m)-1.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.85 | ||
| Fwd PE | 13.03 | ||
| P/S | 0.32 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.64 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | 18.22 |
EPS(TTM)2.2
EY8.44%
EPS(NY)2
Fwd EY7.68%
FCF(TTM)-2
FCFYN/A
OCF(TTM)-1.1
OCFYN/A
SpS80.25
BVpS40.94
TBVpS40.55
PEG (NY)N/A
PEG (5Y)0.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.49% | ||
| ROE | 5.56% | ||
| ROCE | 3.42% | ||
| ROIC | 2.99% | ||
| ROICexc | 3.1% | ||
| ROICexgc | 3.17% | ||
| OM | 3.47% | ||
| PM (TTM) | 2.84% | ||
| GM | 16.13% | ||
| FCFM | N/A |
ROA(3y)7.26%
ROA(5y)6.05%
ROE(3y)16.42%
ROE(5y)14.98%
ROIC(3y)8.4%
ROIC(5y)7.29%
ROICexc(3y)9.56%
ROICexc(5y)8.41%
ROICexgc(3y)9.76%
ROICexgc(5y)8.56%
ROCE(3y)9.6%
ROCE(5y)8.34%
ROICexcg growth 3Y-9.53%
ROICexcg growth 5Y14.5%
ROICexc growth 3Y-9.92%
ROICexc growth 5Y14.16%
OM growth 3Y-3.38%
OM growth 5Y17.22%
PM growth 3Y1.81%
PM growth 5YN/A
GM growth 3Y-1.13%
GM growth 5Y3.95%
F-Score4
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 11.3 | ||
| Cap/Depr | 144.72% | ||
| Cap/Sales | 1.12% | ||
| Interest Coverage | 1.01 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 8.35 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 2.45 |
F-Score4
WACC10.01%
ROIC/WACC0.3
Cap/Depr(3y)142.9%
Cap/Depr(5y)120.18%
Cap/Sales(3y)0.84%
Cap/Sales(5y)0.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-52.59%
EPS 3Y4.23%
EPS 5Y43.29%
EPS Q2Q%-101.14%
EPS Next Y-70.88%
EPS Next 2Y-33.52%
EPS Next 3Y-9.5%
EPS Next 5YN/A
Revenue 1Y (TTM)9.97%
Revenue growth 3Y2.87%
Revenue growth 5Y2.22%
Sales Q2Q%-8.45%
Revenue Next Year-1.85%
Revenue Next 2Y1.77%
Revenue Next 3Y5.29%
Revenue Next 5YN/A
EBIT growth 1Y-43.73%
EBIT growth 3Y-0.61%
EBIT growth 5Y19.83%
EBIT Next Year5.15%
EBIT Next 3Y19.23%
EBIT Next 5YN/A
FCF growth 1Y-118.38%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-109.6%
OCF growth 3YN/A
OCF growth 5YN/A