NV Bekaert SA provides steel wire transformation and coating technologies worldwide.
Adequate balance sheet with acceptable track record.
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 has not had significant price volatility in the past 3 months.
7 Day Return
BE Metals and Mining
1 Year Return
BE Metals and Mining
Return vs Industry: BEKB underperformed the Belgian Metals and Mining industry which returned -23.7% over the past year.
Return vs Market: BEKB underperformed the Belgian Market which returned -22.3% over the past year.
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
11 hours ago | Simply Wall StKnow This Before Buying NV Bekaert SA (EBR:BEKB) For Its Dividend
3 weeks ago | Simply Wall StHere's Why NV Bekaert's (EBR:BEKB) Statutory Earnings Are Arguably Too Conservative
1 month ago | Simply Wall StDoes This Valuation Of NV Bekaert SA (EBR:BEKB) Imply Investors Are Overpaying?
Is NV Bekaert undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BEKB (€17.69) is trading above our estimate of fair value (€13.39)
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 (24.2x) compared to the Metals and Mining industry average (10x).
PE vs Market: BEKB is poor value based on its PE Ratio (24.2x) compared to the Belgian market (14x).
Price to Earnings Growth Ratio
PEG Ratio: BEKB is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: BEKB is overvalued based on its PB Ratio (0.7x) compared to the BE Metals and Mining industry average (0.7x).
How is NV Bekaert forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BEKB's forecast earnings growth (31.8% per year) is above the savings rate (1.6%).
Earnings vs Market: BEKB's earnings (31.8% per year) are forecast to grow faster than the Belgian market (18.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BEKB's revenue (1.2% per year) is forecast to grow slower than the Belgian market (3.2% per year).
High Growth Revenue: BEKB's revenue (1.2% 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 (9.5%).
How has NV Bekaert performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BEKB has a large one-off loss of €88.6M impacting its December 31 2019 financial results.
Growing Profit Margin: BEKB's current net profit margins (1%) are higher than last year (0.9%).
Past Earnings Growth Analysis
Earnings Trend: BEKB's earnings have declined by -4.3% per year over the past 5 years.
Accelerating Growth: BEKB's earnings growth over the past year (3.9%) exceeds its 5-year average (-4.3% per year).
Earnings vs Industry: BEKB earnings growth over the past year (3.9%) exceeded the Metals and Mining industry 0.5%.
Return on Equity
High ROE: BEKB's Return on Equity (3.1%) is considered low.
How is NV Bekaert's financial position?
Financial Position Analysis
Short Term Liabilities: BEKB's short term assets (€2.3B) exceed its short term liabilities (€1.4B).
Long Term Liabilities: BEKB's short term assets (€2.3B) exceed its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: BEKB's debt to equity ratio (99.3%) is considered high.
Reducing Debt: BEKB's debt to equity ratio has increased from 88.8% to 99.3% over the past 5 years.
Debt Coverage: BEKB's debt is well covered by operating cash flow (34.5%).
Interest Coverage: BEKB's interest payments on its debt are well covered by EBIT (3.7x coverage).
What is NV Bekaert current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BEKB's dividend (3.96%) is higher than the bottom 25% of dividend payers in the Belgian market (2.56%).
High Dividend: BEKB's dividend (3.96%) is low compared to the top 25% of dividend payers in the Belgian market (5.66%).
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 high payout ratio (95.7%), BEKB's dividend payments are not 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 (35.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Oswald Schmid (61yo)
Mr. Oswald Schmid serves as Chief Operations Officer at NV Bekaert SA since December 1, 2019 and serves as its Interim Chief Executive Officer since May 12, 2020. He serves as Director at NV Bekaert SA sin ...
|COO, Interim CEO & Director||0.17yr||no data||no data|
|Chief Financial Officer||1yr||no data||no data|
|Chief Information Officer||0.50yr||no data||no data|
|Chief Communications Officer & Investor Relations Officer||no data||no data||no data|
|Senior VP of Legal||1.5yrs||no data||no data|
|Executive VP of Strategy||1.5yrs||no data||no data|
|Chief Human Resources Officer||2.83yrs||no data||no data|
|Chief Operating Officer of Ropes BBRG||no data||no data||no data|
|Senior Vice President of Steel Wire Solutions - EMEA||3yrs||no data||no data|
|Chief Strategy Officer BBRG||2.5yrs||no data||no data|
Experienced Management: BEKB's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
|COO, Interim CEO & Director||0.17yr||no data||no data|
|Independent Director||6.17yrs||€67.20k||no data|
|Independent Director||2.17yrs||€74.70k||no data|
|Independent Chairman||1.17yrs||€466.67k||no data|
Experienced Board: BEKB's board of directors are considered experienced (4.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NV Bekaert SA's company bio, employee growth, exchange listings and data sources
- Name: NV Bekaert SA
- Ticker: BEKB
- Exchange: ENXTBR
- Founded: 1880
- Industry: Steel
- Sector: Materials
- Market Cap: €968.909m
- Shares outstanding: 56.56m
- Website: https://www.bekaert.com
Number of Employees
- NV Bekaert SA
- Bekaertstraat 2
- West Flanders
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BK8N||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Jan 1992|
|BEKB||ENXTBR (Euronext Brussels)||Yes||Bearer Shares||BE||EUR||Jan 1992|
|0OQJ||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||EUR||Jan 1992|
|BEKBB||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||EUR||Jan 1992|
|BEKB||WBAG (Wiener Boerse AG)||Yes||Bearer Shares||AT||EUR||Jan 1992|
|BEKA.Y||OTCPK (Pink Sheets LLC)||UNSPONSOR ADR||US||USD||Nov 2008|
NV Bekaert SA provides steel wire transformation and coating technologies worldwide. The company offers automotive products, such as exhaust systems, steering systems, interior seat, interior door, interior and exterior products, exterior (windscreen), drive train, corner products, and exterior bumpers; roads and bridges, elevator, building industry, heating, and perimeter fencing products, as well as concrete, masonry, plaster, and environment reinforcement products; and alternative energy, steel cord reinforced thermoplastic and rubber tapes, oil platform, power & telecom cables, flexible pipes, and specialities. It also provides domestic, sports and leisure, textiles, paper goods, and medical products; textile and transport products, as well as paper, glass, and plastic materials; and textile machinery, tools, machine constructions, brush wires, and engineering products. The company serves automotive, construction, energy and utility, agriculture, consumer goods, basic materials, and equipment industries. NV Bekaert SA was founded in 1880 and is headquartered in Zwevegem, Belgium.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/06 20:48|
|End of Day Share Price||2020/07/06 00:00|
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.