BELIMO Holding
Market Cap
CHF4.4b
Last Updated
2020/06/03 09:08 UTC
Data Sources
Company Financials +
Executive Summary
BELIMO Holding AG, together with its subsidiaries, develops, produces, and markets electrical actuator solutions, valve systems, and sensors for heating, ventilation, and air conditioning (HVAC) systems worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with outstanding track record and pays a dividend.
Similar Companies
Share Price & News
How has BELIMO Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BEAN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
3.9%
BEAN
1.5%
CH Building
1.0%
CH Market
1 Year Return
34.4%
BEAN
7.0%
CH Building
3.2%
CH Market
Return vs Industry: BEAN exceeded the Swiss Building industry which returned 6.5% over the past year.
Return vs Market: BEAN exceeded the Swiss Market which returned 2.5% over the past year.
Shareholder returns
| BEAN | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.9% | 1.5% | 1.0% |
| 30 Day | 14.1% | 9.6% | 3.5% |
| 90 Day | 15.6% | -3.6% | -3.5% |
| 1 Year | 37.7%34.4% | 9.9%7.0% | 6.6%3.2% |
| 3 Year | 95.0%82.6% | 10.3%2.3% | 18.5%6.4% |
| 5 Year | 245.9%209.2% | 63.2%40.7% | 30.6%8.9% |
Price Volatility Vs. Market
How volatile is BELIMO Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Is BELIMO Holding AG's (VTX:BEAN) CEO Paid At A Competitive Rate?2 weeks ago | Simply Wall St
Here's What BELIMO Holding AG's (VTX:BEAN) ROCE Can Tell Us3 weeks ago | Simply Wall St
What Type Of Shareholder Owns BELIMO Holding AG's (VTX:BEAN)?Valuation
Is BELIMO Holding undervalued compared to its fair value and its price relative to the market?
36.5x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BEAN (CHF7190) is trading above our estimate of fair value (CHF3544.28)
Significantly Below Fair Value: BEAN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BEAN is poor value based on its PE Ratio (36.5x) compared to the Building industry average (24x).
PE vs Market: BEAN is poor value based on its PE Ratio (36.5x) compared to the Swiss market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: BEAN is poor value based on its PEG Ratio (130.2x)
Price to Book Ratio
PB vs Industry: BEAN is overvalued based on its PB Ratio (8.7x) compared to the CH Building industry average (5.5x).
Next Steps
Future Growth
How is BELIMO Holding forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
0.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BEAN's forecast earnings growth (0.3% per year) is above the savings rate (-0.2%).
Earnings vs Market: BEAN's earnings (0.3% per year) are forecast to grow slower than the Swiss market (8.5% per year).
High Growth Earnings: BEAN's earnings are forecast to grow, but not significantly.
Revenue vs Market: BEAN's revenue (4.9% per year) is forecast to grow faster than the Swiss market (2.4% per year).
High Growth Revenue: BEAN's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BEAN's Return on Equity is forecast to be low in 3 years time (19.7%).
Next Steps
Past Performance
How has BELIMO Holding performed over the past 5 years?
12.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BEAN has high quality earnings.
Growing Profit Margin: BEAN's current net profit margins (17.5%) are higher than last year (13.4%).
Past Earnings Growth Analysis
Earnings Trend: BEAN's earnings have grown by 12.6% per year over the past 5 years.
Accelerating Growth: BEAN's earnings growth over the past year (40.5%) exceeds its 5-year average (12.6% per year).
Earnings vs Industry: BEAN earnings growth over the past year (40.5%) exceeded the Building industry 4%.
Return on Equity
High ROE: BEAN's Return on Equity (23.9%) is considered high.
Next Steps
Financial Health
How is BELIMO Holding's financial position?
Financial Position Analysis
Short Term Liabilities: BEAN's short term assets (CHF374.9M) exceed its short term liabilities (CHF77.7M).
Long Term Liabilities: BEAN's short term assets (CHF374.9M) exceed its long term liabilities (CHF16.9M).
Debt to Equity History and Analysis
Debt Level: BEAN's debt to equity ratio (0.05%) is considered satisfactory.
Reducing Debt: BEAN's debt to equity ratio has reduced from 6.3% to 0.05% over the past 5 years.
Debt Coverage: BEAN's debt is well covered by operating cash flow (46102.9%).
Interest Coverage: BEAN's interest payments on its debt are well covered by EBIT (193.2x coverage).
Balance Sheet
Next Steps
Dividend
What is BELIMO Holding's current dividend yield, its reliability and sustainability?
2.09%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BEAN's dividend (2.09%) is higher than the bottom 25% of dividend payers in the Swiss market (1.91%).
High Dividend: BEAN's dividend (2.09%) is low compared to the top 25% of dividend payers in the Swiss market (3.93%).
Stability and Growth of Payments
Stable Dividend: BEAN's dividends per share have been stable in the past 10 years.
Growing Dividend: BEAN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (76.1%), BEAN's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BEAN's dividends in 3 years are forecast to be covered by earnings (77.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Lars van der Haegen (51yo)
4.92yrs
Tenure
CHF1,159,000
Compensation
Mr. Lars van der Haegen, MBA, serves as the President of Belimo Aircontrols (USA), Inc. Mr. van der Haegen has been the Chief Executive Officer and Member of the Group Executive Committee of Belimo Holding ...
CEO Compensation Analysis
Compensation vs Market: Lars's total compensation ($USD1.21M) is about average for companies of similar size in the Swiss market ($USD1.70M).
Compensation vs Earnings: Lars's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer & Member of the Group Executive Committee | 4.92yrs | CHF1.16m | 0.011% CHF503.2k | |
| CFO & Member of Management Board | 1.42yrs | no data | no data | |
| Head of Group Division Europe & Member of the Group Executive Committee | 9.92yrs | no data | 0.033% CHF1.4m | |
| Head of Group Division Asia Pacific & Member of the Group Executive Committee | 7.58yrs | no data | no data | |
| Head of Group Division Americas & Member of the Group Executive Committee | 4.25yrs | no data | 0.0098% CHF431.5k | |
| Head of Group Division Production & Innovation (Interim) and Member of the Group Executive Committee | 1.25yrs | no data | no data |
4.6yrs
Average Tenure
51yo
Average Age
Experienced Management: BEAN's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 1.17yrs | CHF232.00k | 0.58% CHF25.6m | |
| Independent Deputy Chairman | no data | CHF139.00k | 0.0041% CHF180.0k | |
| Director | 0.25yr | no data | no data | |
| Independent Director | 5.17yrs | CHF139.00k | 0.0081% CHF359.5k | |
| Independent Director | 2.17yrs | CHF139.00k | 0.0032% CHF143.7k | |
| Independent Director | 1.17yrs | CHF93.00k | no data |
1.2yrs
Average Tenure
56yo
Average Age
Experienced Board: BEAN's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
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
BELIMO Holding AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: BELIMO Holding AG
- Ticker: BEAN
- Exchange: SWX
- Founded: 1975
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: CHF4.421b
- Shares outstanding: 614.94k
- Website: https://www.belimo.com
Number of Employees
Location
- BELIMO Holding AG
- Brunnenbachstrasse 1
- Hinwil
- Zurich
- 8340
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BEAN | SWX (SIX Swiss Exchange) | Yes | Registered Shares | CH | CHF | Nov 1995 |
| BLHW.F | OTCPK (Pink Sheets LLC) | Yes | Registered Shares | US | USD | Nov 1995 |
| 0QMR | LSE (London Stock Exchange) | Yes | Registered Shares | GB | CHF | Nov 1995 |
| B9H | DB (Deutsche Boerse AG) | Yes | Registered Shares | DE | EUR | Nov 1995 |
Biography
BELIMO Holding AG, together with its subsidiaries, develops, produces, and markets electrical actuator solutions, valve systems, and sensors for heating, ventilation, and air conditioning (HVAC) systems worldwide. The company offers HVAC damper actuators for use in various on/off, modulating, or communicating damper and life safety applications, including air handlers, economizer units, variable air volume terminal units, fan coil units, unit ventilators, and life safety dampers. It also provides various pressure dependent valves, such as the characterized control valves, quick compact valves, and butterfly valves; mechanical pressure independent valves for complex flow challenges, pressure-independent quick compact valves, and pressure-independent characterized control valves; electronic pressure independent valves; and Internet of Things cloud-connected pressure independent valves. In addition, the company provides accurate sensors for measuring temperature, humidity, pressure, CO2, and volatile compounds in pipe and duct applications; system solutions to optimize energy efficiency; and retrofit solutions to replace valve assemblies and actuators, or damper actuators. BELIMO Holding AG was founded in 1975 and is based in Hinwil, Switzerland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/03 09:08 |
| End of Day Share Price | 2020/06/02 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.