NV Bekaert
Market Cap
€2.1b
Last Updated
2021/05/16 17:45 UTC
Data Sources
Company Financials +
Executive Summary
NV Bekaert SA provides steel wire transformation and coating technologies worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with adequate balance sheet.
Similar Companies
Share Price & News
How has NV Bekaert's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BEKB is not significantly more volatile than the rest of Belgian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BEKB's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-3.7%
BEKB
-0.3%
BE Metals and Mining
0.4%
BE Market
1 Year Return
110.0%
BEKB
54.2%
BE Metals and Mining
36.4%
BE Market
Return vs Industry: BEKB exceeded the Belgian Metals and Mining industry which returned 54% over the past year.
Return vs Market: BEKB exceeded the Belgian Market which returned 38.6% over the past year.
Shareholder returns
| BEKB | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.7% | -0.3% | 0.4% |
| 30 Day | 1.5% | 3.3% | 4.2% |
| 90 Day | 25.4% | 21.7% | 7.3% |
| 1 Year | 113.9%110.0% | 55.0%54.2% | 38.5%36.4% |
| 3 Year | 18.2%12.0% | -13.9%-15.2% | 1.3%-3.6% |
| 5 Year | 8.6%-1.0% | -11.4%-13.8% | 0.1%-9.1% |
Long-Term Price Volatility Vs. Market
How volatile is NV Bekaert's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
NV Bekaert's (EBR:BEKB) Dividend Will Be Increased To €0.701 week ago | Simply Wall St
NV Bekaert SA (EBR:BEKB) Looks Like A Good Stock, And It's Going Ex-Dividend Soon2 weeks ago | Simply Wall St
NV Bekaert's (EBR:BEKB) Returns Have Hit A WallValuation
Is NV Bekaert undervalued compared to its fair value and its price relative to the market?
15.7x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BEKB (€37.38) is trading above our estimate of fair value (€17.1)
Significantly Below Fair Value: BEKB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BEKB is poor value based on its PE Ratio (15.7x) compared to the European Metals and Mining industry average (13.4x).
PE vs Market: BEKB is good value based on its PE Ratio (15.7x) compared to the Belgian market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: BEKB is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: BEKB is good value based on its PB Ratio (1.5x) compared to the XE Metals and Mining industry average (1.9x).
Future Growth
How is NV Bekaert forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
17.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BEKB's forecast earnings growth (17.3% per year) is above the savings rate (1.2%).
Earnings vs Market: BEKB's earnings (17.3% per year) are forecast to grow faster than the Belgian market (14.5% per year).
High Growth Earnings: BEKB's earnings are forecast to grow, but not significantly.
Revenue vs Market: BEKB's revenue (3.4% per year) is forecast to grow slower than the Belgian market (4.6% per year).
High Growth Revenue: BEKB's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BEKB's Return on Equity is forecast to be low in 3 years time (11%).
Past Performance
How has NV Bekaert performed over the past 5 years?
-15.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BEKB has high quality earnings.
Growing Profit Margin: BEKB's current net profit margins (3.6%) are higher than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: BEKB's earnings have declined by 15.5% per year over the past 5 years.
Accelerating Growth: BEKB's earnings growth over the past year (227%) exceeds its 5-year average (-15.5% per year).
Earnings vs Industry: BEKB earnings growth over the past year (227%) exceeded the Metals and Mining industry 11.9%.
Return on Equity
High ROE: BEKB's Return on Equity (9.6%) is considered low.
Financial Health
How is NV Bekaert's financial position?
Financial Position Analysis
Short Term Liabilities: BEKB's short term assets (€2.5B) exceed its short term liabilities (€1.6B).
Long Term Liabilities: BEKB's short term assets (€2.5B) exceed its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: BEKB's debt to equity ratio (99.7%) is considered high.
Reducing Debt: BEKB's debt to equity ratio has increased from 87% to 99.7% over the past 5 years.
Debt Coverage: BEKB's debt is well covered by operating cash flow (33%).
Interest Coverage: BEKB's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
Dividend
What is NV Bekaert current dividend yield, its reliability and sustainability?
2.68%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BEKB's dividend (2.68%) is higher than the bottom 25% of dividend payers in the Belgian market (1.73%).
High Dividend: BEKB's dividend (2.68%) is low compared to the top 25% of dividend payers in the Belgian market (4.44%).
Stability and Growth of Payments
Stable Dividend: BEKB's dividend payments have been volatile in the past 10 years.
Growing Dividend: BEKB's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42%), BEKB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BEKB's dividends in 3 years are forecast to be well covered by earnings (29.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Oswald Schmid (61 yo)
1
Tenure
€734,149
Compensation
Mr. Oswald Schmid is the Chief Executive Officer at NV Bekaert SA since March 02, 2021. He served as the Chief Operations Officer at NV Bekaert SA since December 1, 2019 until 2021 and had been its Interim...
CEO Compensation Analysis
Compensation vs Market: Oswald's total compensation ($USD891.07K) is about average for companies of similar size in the Belgian market ($USD891.07K).
Compensation vs Earnings: Insufficient data to compare Oswald's compensation with company performance.
Leadership Team
Experienced Management: BEKB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: BEKB's board of directors are considered experienced (5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
NV Bekaert SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: NV Bekaert SA
- Ticker: BEKB
- Exchange: ENXTBR
- Founded: 1880
- Industry: Steel
- Sector: Materials
- Market Cap: €2.125b
- Shares outstanding: 56.84m
- Website: https://www.bekaert.com
Number of Employees
Location
- NV Bekaert SA
- Bekaertstraat 2
- Zwevegem
- West Flanders
- 8550
- Belgium
Listings
Biography
NV Bekaert SA provides steel wire transformation and coating technologies worldwide. It operates through four business units: Rubber Reinforcement, Steel Wire Solutions, Specialty Businesses, and Bridon-Be...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/16 17:45 |
| End of Day Share Price | 2021/05/14 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.