The Becker Milk Company Limited owns and manages retail commercial properties primarily in Ontario, Canada.
+ 1 more risk
Excellent balance sheet second-rate dividend payer.
Share Price & News
How has Becker Milk's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BEK.B has not had significant price volatility in the past 3 months.
7 Day Return
CA Real Estate
1 Year Return
CA Real Estate
Return vs Industry: BEK.B underperformed the Canadian Real Estate industry which returned -11.8% over the past year.
Return vs Market: BEK.B exceeded the Canadian Market which returned -24.6% over the past year.
Price Volatility Vs. Market
How volatile is Becker Milk's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThe Becker Milk Company Limited (TSE:BEK.B) Is Yielding 6.7% - But Is It A Buy?
1 month ago | Simply Wall StWhy The Becker Milk Company Limited's (TSE:BEK.B) High P/E Ratio Isn't Necessarily A Bad Thing
2 months ago | Simply Wall StHere's Why We Don't Think Becker Milk's (TSE:BEK.B) Statutory Earnings Reflect Its Underlying Earnings Potential
Is Becker Milk 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: BEK.B (CA$11.5) is trading above our estimate of fair value (CA$11.2)
Significantly Below Fair Value: BEK.B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BEK.B is poor value based on its PE Ratio (15.4x) compared to the Real Estate industry average (10.5x).
PE vs Market: BEK.B is poor value based on its PE Ratio (15.4x) compared to the Canadian market (10.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BEK.B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BEK.B is overvalued based on its PB Ratio (0.7x) compared to the CA Real Estate industry average (0.6x).
How is Becker Milk forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Becker Milk has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Becker Milk's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Becker Milk competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Becker Milk performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BEK.B has high quality earnings.
Growing Profit Margin: BEK.B's current net profit margins (42.6%) are lower than last year (70%).
Past Earnings Growth Analysis
Earnings Trend: BEK.B's earnings have declined by -2.1% per year over the past 5 years.
Accelerating Growth: BEK.B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BEK.B had negative earnings growth (-34.2%) over the past year, making it difficult to compare to the Real Estate industry average (-22.9%).
Return on Equity
High ROE: BEK.B's Return on Equity (4.4%) is considered low.
How is Becker Milk's financial position?
Financial Position Analysis
Short Term Liabilities: BEK.B's short term assets (CA$2.4M) exceed its short term liabilities (CA$991.7K).
Long Term Liabilities: BEK.B's short term assets (CA$2.4M) do not cover its long term liabilities (CA$3.9M).
Debt to Equity History and Analysis
Debt Level: BEK.B is debt free.
Reducing Debt: BEK.B has not had any debt for past 5 years.
Debt Coverage: BEK.B has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BEK.B has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: BEK.B has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if BEK.B's debt is covered by short term assets.
What is Becker Milk's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BEK.B's dividend (6.96%) is higher than the bottom 25% of dividend payers in the Canadian market (2.7%).
High Dividend: BEK.B's dividend (6.96%) is low compared to the top 25% of dividend payers in the Canadian market (8.68%).
Stability and Growth of Payments
Stable Dividend: BEK.B's dividends per share have been stable in the past 10 years.
Growing Dividend: BEK.B's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (107.4%), BEK.B's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Geoffrey W. Pottow
Dr. Geoffrey W. J. Pottow, Ph.D., Eng. serves as Chairman of the Board, Chief Executive Officer and President of The Becker Milk Company Limited. Dr. Pottow has been a Director of Becker Milk Company Ltd., ...
CEO Compensation Analysis
Compensation vs Market: Geoffrey W.'s total compensation ($USD152.45K) is about average for companies of similar size in the Canadian market ($USD157.67K).
Compensation vs Earnings: Geoffrey W.'s compensation has been consistent with company performance over the past year.
|Chairman||no data||CA$215.46k||no data|
|Vice Chairman||no data||CA$115.46k||no data|
|Independent Director||22.25yrs||CA$26.00k||no data|
|Independent Director||2.75yrs||CA$27.00k||no data|
|Independent Director||1.75yrs||CA$23.67k||no data|
Experienced Board: BEK.B's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
The Becker Milk Company Limited's company bio, employee growth, exchange listings and data sources
- Name: The Becker Milk Company Limited
- Ticker: BEK.B
- Exchange: TSX
- Founded: 1957
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: CA$20.615m
- Shares outstanding: 1.81m
- Website: https://null
Number of Employees
- The Becker Milk Company Limited
- 82 Richmond Street East
- M5C 1P1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BEK.B||TSX (The Toronto Stock Exchange)||Yes||Class B Special Shares||CA||CAD||Jan 1975|
|BCKM.F||OTCPK (Pink Sheets LLC)||Yes||Class B Special Shares||US||USD||Jan 1975|
The Becker Milk Company Limited owns and manages retail commercial properties primarily in Ontario, Canada. As of April 30, 2019, it owned and managed 51 commercial properties, including single store sites and multi-store plazas located in Metro Toronto and the other areas of southern Ontario; and leased 58 retail stores. The company was founded in 1957 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 23:32|
|End of Day Share Price||2020/04/03 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.