(BW) Babcock & Wilcox Enterprises - Overview
Sector: Industrials | Industry: Specialty Industrial Machinery | Exchange: NYSE (USA) | Market Cap: 2.931m USD | Total Return: 2310.4% in 12m
Avg Turnover: 54.1M
Qual. Beats: 0
Rev. Trend: -89.5%
Qual. Beats: 1
Warnings
Negative Equity with losses - insolvent profile
Share dilution 36.7% YoY
High Debt/EBITDA (5.2) with thin interest coverage (0.9)
High Debt while negative Cash Flow
Interest Coverage Ratio 0.9 is critical
Altman Z'' -9.44 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
Leader
Babcock & Wilcox Enterprises, Inc. (BW) specializes in energy and emissions control technologies for the industrial, utility, and municipal sectors. The company’s portfolio includes advanced chemical looping technology for hydrogen and syngas production, as well as a comprehensive suite of steam generation equipment and aftermarket maintenance services.
Operating within the heavy electrical equipment industry, the company relies on a recurring revenue model driven by service contracts and parts replacement for critical infrastructure. This sector is currently undergoing a transition as traditional boiler manufacturers pivot toward decarbonization solutions and renewable energy integration.
Investors can evaluate the firms long-term valuation metrics and growth potential on ValueRay. Founded in 1867 and headquartered in Akron, Ohio, the company maintains a global footprint with operations spanning North America, Europe, and Southeast Asia.
- Growth in BrightLoop hydrogen technology adoption drives long-term valuation
- Backlog execution in renewable energy segment impacts quarterly revenue performance
- High interest rates increase debt servicing costs for leveraged balance sheet
- Decarbonization mandates accelerate demand for carbon capture and emissions control
- Global supply chain stability dictates margins for large-scale boiler projects
| Net Income: -128.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.08 > 0.02 and ΔFCF/TA 9.10 > 1.0 |
| NWC/Revenue: -0.49% < 20% (prev -4.30%; Δ 3.82% < -1%) |
| CFO/TA -0.06 > 3% & CFO -42.6m > Net Income -128.9m |
| Net Debt (201.2m) to EBITDA (38.4m): 5.24 < 3 |
| Current Ratio: 0.99 > 1.5 & < 3 |
| Outstanding Shares: last quarter (133.8m) vs 12m ago 36.58% < -2% |
| Gross Margin: 24.70% > 18% (prev 0.24%; Δ 2.45k% > 0.5%) |
| Asset Turnover: 90.48% > 50% (prev 91.48%; Δ -0.99% > 0%) |
| Interest Coverage Ratio: 0.91 > 6 (EBITDA TTM 38.4m / Interest Expense TTM 30.9m) |
| A: -0.00 (Total Current Assets 491.3m - Total Current Liabilities 494.5m) / Total Assets 757.8m |
| B: -2.35 (Retained Earnings -1.78b / Total Assets 757.8m) |
| C: 0.04 (EBIT TTM 28.2m / Avg Total Assets 738.8m) |
| D: -1.92 (Book Value of Equity -1.79b / Total Liabilities 929.9m) |
| Altman-Z'' = -9.44 = D |
| DSRI: 1.16 (Receivables 227.7m/193.9m, Revenue 668.5m/658.4m) |
| GMI: 0.96 (GM 24.70% / 23.74%) |
| AQI: 1.27 (AQ_t 0.24 / AQ_t-1 0.19) |
| SGI: 1.02 (Revenue 668.5m / 658.4m) |
| TATA: -0.11 (NI -128.9m - CFO -42.6m) / TA 757.8m) |
| Beneish M = -2.88 (Cap -4..+1) = A |
As of May 25, 2026, the stock is trading at USD 20.54 with a total of 2,325,842 shares traded.
Over the past week, the price has changed by -12.86%,
over one month by +31.31%,
over three months by +107.41% and
over the past year by +2310.43%.
Babcock & Wilcox Enterprises has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold BW.
- StrongBuy: 1
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 24.7 | 20.1% |
P/S = 4.3366
P/B = 60.5649
P/EG = -0.08
Revenue TTM = 668.5m USD
EBIT TTM = 28.2m USD
EBITDA TTM = 38.4m USD
Long Term Debt = 206.1m USD (from longTermDebt, last quarter)
Short Term Debt = 75.4m USD (from shortTermDebt, last quarter)
Debt = 368.1m USD (from shortLongTermDebtTotal, last quarter) + Leases 46.1m
Net Debt = 201.2m USD (calculated: Debt 368.1m - CCE 166.9m)
Enterprise Value = 3.13b USD (2.93b + Debt 368.1m - CCE 166.9m)
Interest Coverage Ratio = 0.91 (Ebit TTM 28.2m / Interest Expense TTM 30.9m)
EV/FCF = -50.34x (Enterprise Value 3.13b / FCF TTM -62.2m)
FCF Yield = -1.99% (FCF TTM -62.2m / Enterprise Value 3.13b)
FCF Margin = -9.31% (FCF TTM -62.2m / Revenue TTM 668.5m)
Net Margin = -19.28% (Net Income TTM -128.9m / Revenue TTM 668.5m)
Gross Margin = 24.70% ((Revenue TTM 668.5m - Cost of Revenue TTM 503.3m) / Revenue TTM)
Gross Margin QoQ = 20.27% (prev 25.65%)
Tobins Q-Ratio = 4.13 (Enterprise Value 3.13b / Total Assets 757.8m)
Interest Expense / Debt = 8.41% (Interest Expense 30.9m / Debt 368.1m)
Taxrate = 21.0% (US default 21%)
NOPAT = 22.3m (EBIT 28.2m * (1 - 21.00%))
Current Ratio = 0.99 (Total Current Assets 491.3m / Total Current Liabilities 494.5m)
Debt / Equity = -2.14 (negative equity) (Debt 368.1m / totalStockholderEquity, last quarter -172.1m)
Debt / EBITDA = 5.24 (Net Debt 201.2m / EBITDA 38.4m)
Debt / FCF = -3.23 (negative FCF - burning cash) (Net Debt 201.2m / FCF TTM -62.2m)
Total Stockholder Equity = -211.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -17.45% (Net Income -128.9m / Total Assets 757.8m)
RoE = -8.23% (Net Income TTM -128.9m / Total Stockholder Equity 1.57b)
RoCE = 1.59% (EBIT 28.2m / Capital Employed (Equity 1.57b + L.T.Debt 206.1m))
RoIC = 7.20% (NOPAT 22.3m / Invested Capital 309.9m)
WACC = 17.06% (E(2.93b)/V(3.30b) * Re(18.37%) + D(368.1m)/V(3.30b) * Rd(8.41%) * (1-Tc(0.21)))
Discount Rate = 18.37% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 97.75 | Cagr: 19.95%
[DCF] Fair Price = unknown (Cash Flow -62.2m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.14 | # QB: 0
Revenue Correlation: -89.47 | Revenue CAGR: -21.20% | SUE: 1.40 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.03 | Chg30d=N/A | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.07 | Chg30d=+12.44% | Revisions=-14% | Analysts=2
EPS current Year (2026-12-31): EPS=0.16 | Chg30d=-15.79% | Revisions=-20% | GrowthEPS=+167.5% | GrowthRev=+58.9%
EPS next Year (2027-12-31): EPS=0.49 | Chg30d=-30.00% | Revisions=-43% | GrowthEPS=+206.2% | GrowthRev=+30.0%
[Analyst] Revisions Ratio: -43%