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Burckhardt Compression Holding

SWX:BCHN
Snowflake Description

Reasonable growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BCHN
SWX
CHF779M
Market Cap
  1. Home
  2. CH
  3. Capital Goods
Company description

Burckhardt Compression Holding AG manufactures and sells reciprocating compressors worldwide. The last earnings update was 52 days ago. More info.


Add to Portfolio Compare Print
  • Burckhardt Compression Holding has significant price volatility in the past 3 months.
BCHN Share Price and Events
7 Day Returns
-3.8%
SWX:BCHN
-0.4%
CH Machinery
0.1%
CH Market
1 Year Returns
-35.8%
SWX:BCHN
-16.3%
CH Machinery
4.7%
CH Market
BCHN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Burckhardt Compression Holding (BCHN) -3.8% -9.5% -24.3% -35.8% -22.8% -52.2%
CH Machinery -0.4% -3.8% -8.3% -16.3% 15.7% 19.2%
CH Market 0.1% 0.1% 2.9% 4.7% 15.1% 13.3%
1 Year Return vs Industry and Market
  • BCHN underperformed the Machinery industry which returned -16.3% over the past year.
  • BCHN underperformed the Market in Switzerland which returned 4.7% over the past year.
Price Volatility
BCHN
Industry
5yr Volatility vs Market

BCHN Value

 Is Burckhardt Compression Holding undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Burckhardt Compression Holding to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Burckhardt Compression Holding.

SWX:BCHN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.2%
Perpetual Growth Rate 10-Year CH Government Bond Rate 3.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SWX:BCHN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CH Govt Bond Rate 3.3%
Equity Risk Premium S&P Global 6%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.081 (1 + (1- 18%) (18.45%))
1.164
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.16
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.28% + (1.164 * 5.96%)
10.21%

Discounted Cash Flow Calculation for SWX:BCHN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Burckhardt Compression Holding is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SWX:BCHN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CHF, Millions) Source Present Value
Discounted (@ 10.21%)
2020 33.44 Analyst x2 30.34
2021 39.44 Analyst x2 32.47
2022 55.69 Analyst x2 41.60
2023 66.80 Analyst x1 45.28
2024 72.02 Analyst x1 44.29
2025 76.51 Est @ 6.23% 42.69
2026 80.60 Est @ 5.35% 40.80
2027 84.41 Est @ 4.72% 38.77
2028 88.03 Est @ 4.29% 36.69
2029 91.54 Est @ 3.99% 34.62
Present value of next 10 years cash flows CHF387.55
SWX:BCHN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CHF91.54 × (1 + 3.28%) ÷ (10.21% – 3.28%)
CHF1,362.64
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CHF1,362.64 ÷ (1 + 10.21%)10
CHF515.32
SWX:BCHN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CHF387.55 + CHF515.32
CHF902.87
Equity Value per Share
(CHF)
= Total value / Shares Outstanding
= CHF902.87 / 3.39
CHF266.02
SWX:BCHN Discount to Share Price
Calculation Result
Value per share (CHF) From above. CHF266.02
Current discount Discount to share price of CHF229.50
= -1 x (CHF229.50 - CHF266.02) / CHF266.02
13.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Burckhardt Compression Holding is available for.
Intrinsic value
14%
Share price is CHF229.5 vs Future cash flow value of CHF266.02
Current Discount Checks
For Burckhardt Compression Holding to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Burckhardt Compression Holding's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Burckhardt Compression Holding's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Burckhardt Compression Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Burckhardt Compression Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SWX:BCHN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CHF CHF8.15
SWX:BCHN Share Price ** SWX (2019-07-19) in CHF CHF229.5
Switzerland Machinery Industry PE Ratio Median Figure of 24 Publicly-Listed Machinery Companies 16.96x
Switzerland Market PE Ratio Median Figure of 174 Publicly-Listed Companies 18.09x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Burckhardt Compression Holding.

SWX:BCHN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SWX:BCHN Share Price ÷ EPS (both in CHF)

= 229.5 ÷ 8.15

28.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Burckhardt Compression Holding is overvalued based on earnings compared to the CH Machinery industry average.
  • Burckhardt Compression Holding is overvalued based on earnings compared to the Switzerland market.
Price based on expected Growth
Does Burckhardt Compression Holding's expected growth come at a high price?
Raw Data
SWX:BCHN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 28.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
23.8%per year
Switzerland Machinery Industry PEG Ratio Median Figure of 22 Publicly-Listed Machinery Companies 2.11x
Switzerland Market PEG Ratio Median Figure of 124 Publicly-Listed Companies 2.28x

*Line of best fit is calculated by linear regression .

SWX:BCHN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 28.18x ÷ 23.8%

1.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Burckhardt Compression Holding is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Burckhardt Compression Holding's assets?
Raw Data
SWX:BCHN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CHF CHF89.12
SWX:BCHN Share Price * SWX (2019-07-19) in CHF CHF229.5
Switzerland Machinery Industry PB Ratio Median Figure of 25 Publicly-Listed Machinery Companies 2.12x
Switzerland Market PB Ratio Median Figure of 215 Publicly-Listed Companies 1.64x
SWX:BCHN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SWX:BCHN Share Price ÷ Book Value per Share (both in CHF)

= 229.5 ÷ 89.12

2.58x

* Primary Listing of Burckhardt Compression Holding.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Burckhardt Compression Holding is overvalued based on assets compared to the CH Machinery industry average.
X
Value checks
We assess Burckhardt Compression Holding's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Burckhardt Compression Holding has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BCHN Future Performance

 How is Burckhardt Compression Holding expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
23.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Burckhardt Compression Holding expected to grow at an attractive rate?
  • Burckhardt Compression Holding's earnings growth is expected to exceed the low risk savings rate of 3.3%.
Growth vs Market Checks
  • Burckhardt Compression Holding's earnings growth is expected to exceed the Switzerland market average.
  • Burckhardt Compression Holding's revenue growth is expected to exceed the Switzerland market average.
Annual Growth Rates Comparison
Raw Data
SWX:BCHN Future Growth Rates Data Sources
Data Point Source Value (per year)
SWX:BCHN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 23.8%
SWX:BCHN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 6.1%
Switzerland Machinery Industry Earnings Growth Rate Market Cap Weighted Average 10.2%
Switzerland Machinery Industry Revenue Growth Rate Market Cap Weighted Average 4.2%
Switzerland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
Switzerland Market Revenue Growth Rate Market Cap Weighted Average 3.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SWX:BCHN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in CHF Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SWX:BCHN Future Estimates Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-03-31
2023-03-31 733 1
2022-03-31 728 81 55 4
2021-03-31 718 76 46 5
2020-03-31 647 56 32 5
SWX:BCHN Past Financials Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income *
2019-03-31 599 42 28
2018-12-31 582 52 25
2018-09-30 566 63 21
2018-06-30 580 54 25
2018-03-31 595 44 29
2017-12-31 585 44 29
2017-09-30 575 43 30
2017-06-30 566 44 30
2017-03-31 558 46 31
2016-12-31 536 47 35
2016-09-30 514 48 39
2016-06-30 501 44 47

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Burckhardt Compression Holding's earnings are expected to grow significantly at over 20% yearly.
  • Burckhardt Compression Holding's revenue is expected to grow by 6.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SWX:BCHN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Burckhardt Compression Holding Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:BCHN Future Estimates Data
Date (Data in CHF Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31 16.22 16.81 15.34 3.00
2021-03-31 13.53 14.60 10.90 4.00
2020-03-31 9.45 10.50 8.42 4.00
SWX:BCHN Past Financials Data
Date (Data in CHF Millions) EPS *
2019-03-31 8.15
2018-12-31 7.19
2018-09-30 6.25
2018-06-30 7.37
2018-03-31 8.51
2017-12-31 8.70
2017-09-30 8.89
2017-06-30 9.01
2017-03-31 9.12
2016-12-31 10.34
2016-09-30 11.55
2016-06-30 13.94

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Burckhardt Compression Holding is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Burckhardt Compression Holding's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Switzerland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Switzerland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Burckhardt Compression Holding has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BCHN Past Performance

  How has Burckhardt Compression Holding performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Burckhardt Compression Holding's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Burckhardt Compression Holding's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Burckhardt Compression Holding's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Burckhardt Compression Holding's 1-year earnings growth is negative, it can't be compared to the CH Machinery industry average.
Earnings and Revenue History
Burckhardt Compression Holding's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Burckhardt Compression Holding Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:BCHN Past Revenue, Cash Flow and Net Income Data
Date (Data in CHF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 599.28 27.64 86.54 8.71
2018-12-31 582.48 24.52 83.73 8.44
2018-09-30 565.69 21.39 80.93 8.16
2018-06-30 580.13 25.11 80.70 8.08
2018-03-31 594.57 28.84 80.47 8.00
2017-12-31 584.85 29.44 78.54 8.10
2017-09-30 575.12 30.05 76.61 8.20
2017-06-30 566.42 30.48 76.95 8.50
2017-03-31 557.73 30.91 77.29 8.80
2016-12-31 535.78 35.08 80.76 9.36
2016-09-30 513.84 39.26 84.22 9.92
2016-06-30 500.54 47.38 81.17 10.77
2016-03-31 487.24 55.51 78.12 11.62
2015-12-31 503.89 58.33 74.95 11.64
2015-09-30 520.54 61.16 71.78 11.65
2015-06-30 497.09 59.36 70.53 11.20
2015-03-31 473.64 57.56 69.28 10.75
2014-12-31 468.25 56.89 67.78 10.28
2014-09-30 462.86 56.23 66.28 9.81
2014-06-30 453.91 55.08 65.03 9.31
2014-03-31 444.96 53.93 63.78 8.81
2013-12-31 414.57 53.04 62.99 8.67
2013-09-30 384.18 52.16 62.19 8.53
2013-06-30 375.43 53.51 60.19 8.13
2013-03-31 366.68 54.86 58.19 7.73
2012-12-31 355.95 56.24 54.71 7.75
2012-09-30 345.23 57.63 51.22 7.78

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Burckhardt Compression Holding has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Burckhardt Compression Holding used its assets less efficiently than the CH Machinery industry average last year based on Return on Assets.
  • Burckhardt Compression Holding's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Burckhardt Compression Holding's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Burckhardt Compression Holding has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BCHN Health

 How is Burckhardt Compression Holding's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Burckhardt Compression Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Burckhardt Compression Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Burckhardt Compression Holding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Burckhardt Compression Holding's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Burckhardt Compression Holding Company Filings, last reported 3 months ago.

SWX:BCHN Past Debt and Equity Data
Date (Data in CHF Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 345.03 143.73 83.01
2018-12-31 345.03 143.73 83.01
2018-09-30 307.60 102.74 65.36
2018-06-30 307.60 102.74 65.36
2018-03-31 335.20 140.73 75.08
2017-12-31 335.20 140.73 75.08
2017-09-30 309.62 136.99 61.48
2017-06-30 309.62 136.99 61.48
2017-03-31 317.10 142.14 74.89
2016-12-31 317.10 142.14 74.89
2016-09-30 321.40 189.40 70.50
2016-06-30 321.40 189.40 70.50
2016-03-31 355.09 32.04 125.28
2015-12-31 355.09 32.04 125.28
2015-09-30 336.30 26.30 147.30
2015-06-30 336.30 26.30 147.30
2015-03-31 338.55 27.16 178.48
2014-12-31 338.55 27.16 178.48
2014-09-30 325.20 28.10 152.30
2014-06-30 325.20 28.10 152.30
2014-03-31 358.49 36.21 201.99
2013-12-31 358.49 36.21 201.99
2013-09-30 323.20 38.00 161.50
2013-06-30 323.20 38.00 161.50
2013-03-31 325.43 39.16 189.99
2012-12-31 325.43 39.16 189.99
2012-09-30 281.80 41.40 150.40
  • Burckhardt Compression Holding's level of debt (41.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (10.1% vs 41.7% today).
  • Debt is well covered by operating cash flow (29.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 34.6x coverage).
X
Financial health checks
We assess Burckhardt Compression Holding's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Burckhardt Compression Holding has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BCHN Dividends

 What is Burckhardt Compression Holding's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.61%
Current annual income from Burckhardt Compression Holding dividends. Estimated to be 3.44% next year.
If you bought CHF2,000 of Burckhardt Compression Holding shares you are expected to receive CHF52 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Burckhardt Compression Holding's pays a higher dividend yield than the bottom 25% of dividend payers in Switzerland (1.98%).
  • Burckhardt Compression Holding's dividend is below the markets top 25% of dividend payers in Switzerland (3.75%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SWX:BCHN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Switzerland Machinery Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 2.4%
Switzerland Market Average Dividend Yield Market Cap Weighted Average of 167 Stocks 3%
Switzerland Minimum Threshold Dividend Yield 10th Percentile 1.3%
Switzerland Bottom 25% Dividend Yield 25th Percentile 2%
Switzerland Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SWX:BCHN Future Dividends Estimate Data
Date (Data in CHF) Dividend per Share (annual) Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31 9.03 5.00
2021-03-31 8.29 5.00
2020-03-31 6.36 5.00
SWX:BCHN Past Annualized Dividends Data
Date (Data in CHF) Dividend per share (annual) Avg. Yield (%)
2019-05-28 6.000 2.382
2018-05-29 6.000 1.968
2017-06-20 7.000 2.286
2016-06-07 10.000 3.539
2015-07-06 10.000 3.045
2014-06-10 10.000 2.496
2013-06-04 9.000 2.270
2012-06-05 7.000 2.370
2011-05-25 5.000 2.228
2010-06-08 5.000 2.126
2009-06-09 6.000 3.458

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Burckhardt Compression Holding's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.8x coverage).
X
Income/ dividend checks
We assess Burckhardt Compression Holding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Burckhardt Compression Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Burckhardt Compression Holding has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BCHN Management

 What is the CEO of Burckhardt Compression Holding's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Marcel Pawlicek
COMPENSATION CHF770,000
AGE 56
TENURE AS CEO 8.3 years
CEO Bio

Mr. Marcel Pawlicek has been the Chief Executive Officer of Burckhardt Compression Holding AG since April 1, 2011 and serves as its Member of The Executive Board. Mr. Pawlicek served as a Chief Operating Officer of Services Division at Burckhardt Compression Holding AG since June 2016 until August 2016. He serves as the Chief Executive Officer and Member of Executive Board of Burckhardt Compression AG. He served as an Interim Head of Design & Manufacturing Department at Burckhardt Compression Holding AG since April 1, 2011. He served as a Vice President of Design & Manufacturing at Burckhardt Compression from March 1, 2008 to April 1, 2011. Mr. Pawlicek served as Vice President of customer support services at Burckhardt Compression AG until February 29, 2008. He served as Head of sales and contracting hpi, sulzer-Burckhardt AG, switzerland since 1999 to 2000, Project Manager and Marketing & Sales Manager for Burckhardt compressors, sulzer inc. USA from 1989 to 1999 and Design Engineer of sulzer- Burckhardt AG, switzerland since 1986 to 1989. Mr. Pawlicek holds a mechanical engineering degree from HTL Winterthur Polytechnic and earned an MBA in Marketing and International Business from Fordham University in New York during his assignment in the USA.

CEO Compensation
  • Marcel's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Marcel's remuneration is about average for companies of similar size in Switzerland.
Management Team Tenure

Average tenure and age of the Burckhardt Compression Holding management team in years:

11.1
Average Tenure
53.5
Average Age
  • The average tenure for the Burckhardt Compression Holding management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Marcel Pawlicek

TITLE
CEO & Member of Executive Board
COMPENSATION
CHF770K
AGE
56
TENURE
8.3 yrs

Rolf Brändli

TITLE
CFO, VP of Finance & Administration
AGE
51
TENURE
10.8 yrs

Rainer Dübi

TITLE
President of Services Division & Member of Executive Board
AGE
50
TENURE
0.4 yrs

Sandra Pitt

TITLE
Chief Human Resources Officer & Member of Executive Board
AGE
48
TENURE
4.1 yrs

Fabrice Billard

TITLE
President of Systems Division & Member of Executive Board
AGE
48
TENURE
2.8 yrs

Marco Scanderbeg

TITLE
Vice President of Marketing & Communications
AGE
53
TENURE
13.5 yrs

Matthias Tanner

TITLE
Vice President of Contracting
AGE
55
TENURE
12.3 yrs

René Guthauser

TITLE
Vice President of Quality & Infrastructure
AGE
54
TENURE
14.5 yrs

Robert Züst

TITLE
Vice President of Components
AGE
56
TENURE
11.3 yrs

Narasimha Rao

TITLE
Managing Director of Burckhardt Compression (India) Private Ltd
AGE
57
TENURE
14.5 yrs
Board of Directors Tenure

Average tenure and age of the Burckhardt Compression Holding board of directors in years:

7.7
Average Tenure
58
Average Age
  • The tenure for the Burckhardt Compression Holding board of directors is about average.
Board of Directors

Valentin Vogt

TITLE
Chairman of the Board
COMPENSATION
CHF161K
AGE
59
TENURE
8.3 yrs

Urs Leinhäuser

TITLE
Non-Executive Director
COMPENSATION
CHF101K
AGE
60
TENURE
12.5 yrs

Monika Schädle

TITLE
Non-Executive Director
COMPENSATION
CHF111K
AGE
57
TENURE
7.1 yrs

Stephan Bross

TITLE
Non-Executive Director
COMPENSATION
CHF95K
AGE
57
TENURE
5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CHF) Value (CHF)
X
Management checks
We assess Burckhardt Compression Holding's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Burckhardt Compression Holding has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BCHN News

Simply Wall St News

A Closer Look At Burckhardt Compression Holding AG's (VTX:BCHN) Uninspiring ROE

Over the last twelve months Burckhardt Compression Holding has recorded a ROE of 7.4%. … That means that for every CHF1 worth of shareholders' equity, it generated CHF0.074 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Read This Before Judging Burckhardt Compression Holding AG's (VTX:BCHN) ROE

Over the last twelve months Burckhardt Compression Holding has recorded a ROE of 7.4%. … That means that for every CHF1 worth of shareholders' equity, it generated CHF0.074 in profit. … See our latest analysis for Burckhardt Compression Holding?

Simply Wall St -

Burckhardt Compression Holding AG (VTX:BCHN): The Return Story

and want to begin learning the link between Burckhardt Compression Holding AG (VTX:BCHN)’s return fundamentals and stock market performance. … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … Therefore, looking at how efficiently Burckhardt Compression Holding is able to use capital to create earnings will help us understand your potential return.

Simply Wall St -

Who Are The Top Investors In Burckhardt Compression Holding AG (VTX:BCHN)?

In this article, I'm going to take a look at Burckhardt Compression Holding AG’s (VTX:BCHN) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … See our latest analysis for Burckhardt Compression Holding

Simply Wall St -

Burckhardt Compression Holding AG (VTX:BCHN): Did It Outperform The Industry?

In this article, I will take a look at Burckhardt Compression Holding AG's (VTX:BCHN) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … See our latest analysis for Burckhardt Compression Holding? … BCHN's trailing twelve-month earnings (from 31 March 2018) of CHF28.84m has

Simply Wall St -

How Should You Think About Burckhardt Compression Holding AG's (VTX:BCHN) Risks?

If you are looking to invest in Burckhardt Compression Holding AG’s (VTX:BCHN), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … Different characteristics of a stock expose it to various levels of market risk. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one.

Simply Wall St -

Did Burckhardt Compression Holding AG (VTX:BCHN) Create Value For Investors Over The Past Year?

Burckhardt Compression Holding AG’s (VTX:BCHN) most recent return on equity was a substandard 8.66% relative to its industry performance of 12.62% over the past year. … Though BCHN's recent performance is underwhelming, it is useful to understand what ROE is made up of and how it should be interpreted. … View our latest analysis for Burckhardt Compression Holding

Simply Wall St -

Calculating The Intrinsic Value Of Burckhardt Compression Holding AG (VTX:BCHN)

by taking the expected future cash flows and discounting them to today's value. … Discounted Cash Flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model

Simply Wall St -

Burckhardt Compression Holding AG (VTX:BCHN): What You Have To Know Before Buying For The Upcoming Dividend

Below, I will explain how holding Burckhardt Compression Holding can impact your portfolio income stream, by analysing the stock's most recent financial data and dividend attributes. … Check out our latest analysis for Burckhardt Compression Holding … Whenever I am looking at a potential dividend stock investment, I always check these five metrics:

Simply Wall St -

Is Burckhardt Compression Holding AG's (VTX:BCHN) PE Ratio A Signal To Sell For Investors?

and want to better understand how you can grow your money by investing in Burckhardt Compression Holding AG (VTX:BCHN). … Burckhardt Compression Holding AG (VTX:BCHN) trades with a trailing P/E of 41.4x, which is higher than the industry average of 24.7x. … While BCHN might seem like a stock to avoid or sell if you own it, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions

Simply Wall St -

BCHN Company Info

Description

Burckhardt Compression Holding AG manufactures and sells reciprocating compressors worldwide. The company offers Laby, a labyrinth piston compressor that compresses bone-dry, dirty, abrasive, and other gases; Laby-GI compressor for offshore vessels and installations; Process Gas Compressors API 618 for high-pressure compression of hydrogen, hydrocarbon, and corrosive gasses; Hyper Compressor, a high-pressure reciprocating compressor for low density polyethylene plants; and standard high pressure compressor that compresses air, hydrogen, nitrogen, helium, argon, natural gas, and other non-corrosive gases and gas mixtures. It also provides various compressor components, such as compressor valves, rings and packings, capital parts, labyrinth piston compressor components, and hyper/secondary compressor parts. In addition, the company offers services comprising valve, spare parts logistic, revamp and upgrade, component repair, field, condition monitoring and diagnostic, technical support, and training services. It provides compressor solutions for upstream oil and gas, marine, gas transport and storage, refinery, petrochemical/chemical, and industrial gas sectors. Burckhardt Compression Holding AG was founded in 1844 and is headquartered in Winterthur, Switzerland.

Details
Name: Burckhardt Compression Holding AG
BCHN
Exchange: SWX
Founded: 1844
CHF778,923,229
3,394,001
Website: http://www.burckhardtcompression.com
Address: Burckhardt Compression Holding AG
Im Link 5,
PO Box 65,
Winterthur,
Zurich, 8404,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SWX BCHN Registered Shares SIX Swiss Exchange CH CHF 26. Jun 2006
DB B5H Registered Shares Deutsche Boerse AG DE EUR 26. Jun 2006
LSE 0QNN Registered Shares London Stock Exchange GB CHF 26. Jun 2006
Number of employees
Current staff
Staff numbers
2,346
Burckhardt Compression Holding employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/19 20:59
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/07/11
Last earnings filing: 2019/05/28
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.