(BEKB) NV Bekaert - Ratings and Ratios
Steel Wire,Steel Cord,Wire Rope,Coating,Mesh
Description: BEKB NV Bekaert
NV Bekaert SA, traded as BEKB on the Brussels stock exchange, is a Belgian company operating in the Industrial Machinery & Supplies & Components sub-industry. The companys market capitalization stands at approximately 1.805 billion EUR, indicating a significant presence in the market.
To evaluate the companys financial health, we can examine its Price-to-Earnings (P/E) ratio, which is currently at 10.70, suggesting that the stock might be undervalued relative to its earnings. The forward P/E ratio is even lower at 7.45, indicating potential for growth. The Return on Equity (RoE) of 22.92% is a strong indicator of the companys ability to generate profits from shareholders equity.
Key economic drivers for Bekaert include global demand for steel wire and cord products, which are used in various industries such as tire reinforcement, construction, and industrial applications. The companys performance is likely influenced by factors like global automotive production, infrastructure spending, and commodity prices. Monitoring these drivers is essential to understanding the companys future prospects.
From a trading perspective, the stocks beta of 1.424 suggests that it is more volatile than the overall market, which may present both opportunities and risks for investors. The current price of 37.55 EUR is near its 52-week high of 38.20 EUR, indicating a strong upward trend. The Average True Range (ATR) of 0.90 EUR or 2.40% implies moderate daily price movements.
To further analyze Bekaerts potential, its crucial to examine its income statement, particularly the yearly Income Tax Expense, which can significantly impact net earnings. A thorough review of the companys tax strategy and its implications on profitability is necessary. Additionally, monitoring key performance indicators (KPIs) such as revenue growth, operating margin, and cash flow generation will provide insights into the companys operational efficiency and ability to sustain its growth trajectory.
BEKB Stock Overview
| Market Cap in USD | 2,277m |
| Sub-Industry | Industrial Machinery & Supplies & Components |
| IPO / Inception |
BEKB Stock Ratings
| Growth Rating | 63.0% |
| Fundamental | 75.8% |
| Dividend Rating | 76.9% |
| Return 12m vs S&P 500 | -6.68% |
| Analyst Rating | - |
BEKB Dividends
| Dividend Yield 12m | 3.69% |
| Yield on Cost 5y | 9.07% |
| Annual Growth 5y | 38.75% |
| Payout Consistency | 92.6% |
| Payout Ratio | 39.7% |
BEKB Growth Ratios
| Growth Correlation 3m | 86.2% |
| Growth Correlation 12m | 51.7% |
| Growth Correlation 5y | 50.6% |
| CAGR 5y | 21.02% |
| CAGR/Max DD 5y | 0.49 |
| Sharpe Ratio 12m | -0.15 |
| Alpha | -3.72 |
| Beta | 0.753 |
| Volatility | 21.47% |
| Current Volume | 22.2k |
| Average Volume 20d | 34.2k |
| Stop Loss | 37.4 (-3.2%) |
| Signal | -2.13 |
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income (493.5m TTM) > 0 and > 6% of Revenue (6% = 497.1m TTM) |
| FCFTA 0.11 (>2.0%) and ΔFCFTA 6.56pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 10.90% (prev 26.89%; Δ -16.00pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.21 (>3.0%) and CFO 873.3m > Net Income 493.5m (YES >=105%, WARN >=100%) |
| Net Debt (-504.4m) to EBITDA (882.0m) ratio: -0.57 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.72 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (52.4m) change vs 12m ago NaN% (target <= -2.0% for YES) |
| Gross Margin 17.23% (prev 14.19%; Δ 3.04pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 201.0% (prev 138.5%; Δ 62.55pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 7.88 (EBITDA TTM 882.0m / Interest Expense TTM 78.1m) >= 6 (WARN >= 3) |
Altman Z'' 5.55
| (A) 0.22 = (Total Current Assets 2.15b - Total Current Liabilities 1.25b) / Total Assets 4.16b |
| (B) 0.54 = Retained Earnings (Balance) 2.25b / Total Assets 4.16b |
| (C) 0.15 = EBIT TTM 615.0m / Avg Total Assets 4.12b |
| (D) 1.30 = Book Value of Equity 2.41b / Total Liabilities 1.85b |
| Total Rating: 5.55 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 75.77
| 1. Piotroski 7.50pt = 2.50 |
| 2. FCF Yield 14.16% = 5.0 |
| 3. FCF Margin 5.64% = 1.41 |
| 4. Debt/Equity 0.82 = 2.18 |
| 5. Debt/Ebitda 2.10 = -0.19 |
| 6. ROIC - WACC 14.83% = 12.50 |
| 7. RoE 22.92% = 1.91 |
| 8. Rev. Trend -7.82% = -0.39 |
| 9. Rev. CAGR 2.56% = 0.32 |
| 10. EPS Trend 21.61% = 0.54 |
| 11. EPS CAGR 0.0% = 0.0 |
What is the price of BEKB shares?
Over the past week, the price has changed by -0.51%, over one month by +8.11%, over three months by +9.65% and over the past year by +9.82%.
Is NV Bekaert a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BEKB is around 41.02 EUR . This means that BEKB is currently overvalued and has a potential downside of 6.13%.
Is BEKB a buy, sell or hold?
What are the forecasts/targets for the BEKB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 43.7 | 13.1% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 44.2 | 14.4% |
BEKB Fundamental Data Overview
Market Cap EUR = 1.95b (1.95b EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 506.7m EUR (Cash And Short Term Investments, last quarter)
P/E Trailing = 11.5522
P/E Forward = 8.1103
P/S = 0.5076
P/B = 0.9346
Beta = 1.427
Revenue TTM = 8.29b EUR
EBIT TTM = 615.0m EUR
EBITDA TTM = 882.0m EUR
Long Term Debt = 601.5m EUR (from nonCurrentLiabilitiesTotal, last quarter)
Short Term Debt = 1.25b EUR (from totalCurrentLiabilities, last quarter)
Debt = 1.85b EUR (Calculated: Short Term 1.25b + Long Term 601.5m)
Net Debt = -504.4m EUR (from netDebt column, last quarter)
Enterprise Value = 3.30b EUR (1.95b + Debt 1.85b - CCE 506.7m)
Interest Coverage Ratio = 7.88 (Ebit TTM 615.0m / Interest Expense TTM 78.1m)
FCF Yield = 14.16% (FCF TTM 467.2m / Enterprise Value 3.30b)
FCF Margin = 5.64% (FCF TTM 467.2m / Revenue TTM 8.29b)
Net Margin = 5.96% (Net Income TTM 493.5m / Revenue TTM 8.29b)
Gross Margin = 17.23% ((Revenue TTM 8.29b - Cost of Revenue TTM 6.86b) / Revenue TTM)
Tobins Q-Ratio = 1.37 (Enterprise Value 3.30b / Book Value Of Equity 2.41b)
Interest Expense / Debt = 1.03% (Interest Expense 19.1m / Debt 1.85b)
Taxrate = 24.40% (from yearly Income Tax Expense: 62.9m / 257.6m)
NOPAT = 465.0m (EBIT 615.0m * (1 - 24.40%))
Current Ratio = 1.72 (Total Current Assets 2.15b / Total Current Liabilities 1.25b)
Debt / Equity = 0.82 (Debt 1.85b / last Quarter total Stockholder Equity 2.26b)
Debt / EBITDA = 2.10 (Net Debt -504.4m / EBITDA 882.0m)
Debt / FCF = 3.96 (Debt 1.85b / FCF TTM 467.2m)
Total Stockholder Equity = 2.15b (last 4 quarters mean)
RoA = 11.86% (Net Income 493.5m, Total Assets 4.16b )
RoE = 22.92% (Net Income TTM 493.5m / Total Stockholder Equity 2.15b)
RoCE = 22.32% (Ebit 615.0m / (Equity 2.15b + L.T.Debt 601.5m))
RoIC = 19.73% (NOPAT 465.0m / Invested Capital 2.36b)
WACC = 4.90% (E(1.95b)/V(3.80b) * Re(8.79%)) + (D(1.85b)/V(3.80b) * Rd(1.03%) * (1-Tc(0.24)))
Shares Correlation 5-Years: -100.0 | Cagr: -3.52%
Discount Rate = 8.79% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 79.05% ; FCFE base≈356.5m ; Y1≈439.8m ; Y5≈750.4m
Fair Price DCF = 220.5 (DCF Value 11.08b / Shares Outstanding 50.3m; 5y FCF grow 25.0% → 3.0% )
Revenue Correlation: -7.82 | Revenue CAGR: 2.56%
Rev Growth-of-Growth: -108.7
EPS Correlation: 21.61 | EPS CAGR: 0.0%
EPS Growth-of-Growth: -186.6