Boyd Group Services Inc. operates non-franchised collision repair centers in the United States and Canada. More Details
Reasonable growth potential with proven track record.
Share Price & News
How has Boyd Group Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BYD is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BYD's weekly volatility (3%) has been stable over the past year.
7 Day Return
CA Commercial Services
1 Year Return
CA Commercial Services
Return vs Industry: BYD underperformed the Canadian Commercial Services industry which returned 47.8% over the past year.
Return vs Market: BYD underperformed the Canadian Market which returned 28.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Boyd Group Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StIs Boyd Group Services (TSE:BYD) Using Too Much Debt?
2 weeks ago | Simply Wall StSome Investors May Be Worried About Boyd Group Services' (TSE:BYD) Returns On Capital
Is Boyd Group Services 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: BYD (CA$242.07) is trading above our estimate of fair value (CA$210.39)
Significantly Below Fair Value: BYD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BYD is poor value based on its PE Ratio (77.2x) compared to the Canadian Commercial Services industry average (25.6x).
PE vs Market: BYD is poor value based on its PE Ratio (77.2x) compared to the Canadian market (12.8x).
Price to Earnings Growth Ratio
PEG Ratio: BYD is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: BYD is overvalued based on its PB Ratio (5.6x) compared to the CA Commercial Services industry average (2.5x).
How is Boyd Group Services forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BYD's forecast earnings growth (56.7% per year) is above the savings rate (1.5%).
Earnings vs Market: BYD's earnings (56.7% per year) are forecast to grow faster than the Canadian market (12.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BYD's revenue (19.8% per year) is forecast to grow faster than the Canadian market (6.2% per year).
High Growth Revenue: BYD's revenue (19.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BYD's Return on Equity is forecast to be high in 3 years time
How has Boyd Group Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BYD has high quality earnings.
Growing Profit Margin: BYD's current net profit margins (3%) are higher than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: BYD has become profitable over the past 5 years, growing earnings by 14.5% per year.
Accelerating Growth: BYD's earnings growth over the past year (58.4%) exceeds its 5-year average (14.5% per year).
Earnings vs Industry: BYD earnings growth over the past year (58.4%) underperformed the Commercial Services industry 109.5%.
Return on Equity
High ROE: BYD's Return on Equity (7.2%) is considered low.
How is Boyd Group Services's financial position?
Financial Position Analysis
Short Term Liabilities: BYD's short term assets ($191.4M) do not cover its short term liabilities ($340.6M).
Long Term Liabilities: BYD's short term assets ($191.4M) do not cover its long term liabilities ($656.4M).
Debt to Equity History and Analysis
Debt Level: BYD's debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: BYD's debt to equity ratio has reduced from 47.1% to 32.6% over the past 5 years.
Debt Coverage: BYD's debt is well covered by operating cash flow (107.9%).
Interest Coverage: BYD's interest payments on its debt are well covered by EBIT (3.3x coverage).
What is Boyd Group Services's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BYD's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.64%).
High Dividend: BYD's dividend (0.23%) is low compared to the top 25% of dividend payers in the Canadian market (4.51%).
Stability and Growth of Payments
Stable Dividend: BYD is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.
Growing Dividend: BYD is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: BYD is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BYD's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tim O'Day (62 yo)
Mr. Timothy O'Day, also known as Tim, has been the Chief Executive Officer of Boyd Group Services Inc. (formerly known as Boyd Group Income Fund) since January 2, 2020 and its President since January 04, 2...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD2.13M) is about average for companies of similar size in the Canadian market ($USD2.93M).
Compensation vs Earnings: Tim's compensation has increased by more than 20% in the past year.
Experienced Management: BYD's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: BYD'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: BYD insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Boyd Group Services Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Boyd Group Services Inc.
- Ticker: BYD
- Exchange: TSX
- Founded: 1990
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: CA$5.198b
- Shares outstanding: 21.47m
- Website: https://www.boydgroup.com
Number of Employees
- Boyd Group Services Inc.
- 1745 Ellice Avenue
- Unit C1
- R3H 1A6
Boyd Group Services Inc. operates non-franchised collision repair centers in the United States and Canada. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/19 22:15|
|End of Day Share Price||2021/09/17 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.