Société BIC SA manufactures and sells stationery, lighter, shaver, and other products in Europe, North and Latin America, the Middle East and Africa, the Oceania, and Asia. More Details
Flawless balance sheet and undervalued.
Share Price & News
How has Société BIC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BIF is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BIF's weekly volatility (4%) has been stable over the past year.
7 Day Return
DE Commercial Services
1 Year Return
DE Commercial Services
Return vs Industry: BIF underperformed the German Commercial Services industry which returned 56.8% over the past year.
Return vs Market: BIF matched the German Market which returned 36.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Société BIC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Société BIC undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BIF (€61.15) is trading below our estimate of fair value (€118.26)
Significantly Below Fair Value: BIF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BIF is good value based on its PE Ratio (12.1x) compared to the XE Commercial Services industry average (25.1x).
PE vs Market: BIF is good value based on its PE Ratio (12.1x) compared to the German market (27.6x).
Price to Earnings Growth Ratio
PEG Ratio: BIF's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BIF is good value based on its PB Ratio (1.7x) compared to the DE Commercial Services industry average (3.9x).
How is Société BIC forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BIF's earnings are forecast to decline over the next 3 years (-11.4% per year).
Earnings vs Market: BIF's earnings are forecast to decline over the next 3 years (-11.4% per year).
High Growth Earnings: BIF's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BIF's revenue (2.6% per year) is forecast to grow slower than the German market (5.7% per year).
High Growth Revenue: BIF's revenue (2.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BIF's Return on Equity is forecast to be low in 3 years time (11.2%).
How has Société BIC performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BIF has high quality earnings.
Growing Profit Margin: BIF's current net profit margins (13.7%) are higher than last year (8.6%).
Past Earnings Growth Analysis
Earnings Trend: BIF's earnings have declined by 16.8% per year over the past 5 years.
Accelerating Growth: BIF's earnings growth over the past year (42.4%) exceeds its 5-year average (-16.8% per year).
Earnings vs Industry: BIF earnings growth over the past year (42.4%) exceeded the Commercial Services industry 20.8%.
Return on Equity
High ROE: BIF's Return on Equity (14.2%) is considered low.
How is Société BIC's financial position?
Financial Position Analysis
Short Term Liabilities: BIF's short term assets (€1.4B) exceed its short term liabilities (€560.8M).
Long Term Liabilities: BIF's short term assets (€1.4B) exceed its long term liabilities (€249.3M).
Debt to Equity History and Analysis
Debt Level: BIF is debt free.
Reducing Debt: BIF currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: BIF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BIF has no debt, therefore coverage of interest payments is not a concern.
What is Société BIC current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BIF's dividend (2.9%) is higher than the bottom 25% of dividend payers in the German market (1.06%).
High Dividend: BIF's dividend (2.9%) is low compared to the top 25% of dividend payers in the German market (3.13%).
Stability and Growth of Payments
Stable Dividend: BIF's dividend payments have been volatile in the past 10 years.
Growing Dividend: BIF's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.2%), BIF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BIF's dividends in 3 years are forecast to be covered by earnings (50.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gonzalve Bich (41 yo)
Mr. Gonzalve Bich serves as CEO & Director of Société BIC SA since May 16, 2018. He was Chief Operating Officer at Société BIC SA from January 01, 2017 until May 16, 2018 and as its Executive Vice Presiden...
CEO Compensation Analysis
Compensation vs Market: Gonzalve's total compensation ($USD3.51M) is above average for companies of similar size in the German market ($USD2.02M).
Compensation vs Earnings: Gonzalve's compensation has been consistent with company performance over the past year.
Experienced Management: BIF's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Experienced Board: BIF's board of directors are considered experienced (3.2 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.
Société BIC SA's company bio, employee growth, exchange listings and data sources
- Name: Société BIC SA
- Ticker: BIF
- Exchange: DB
- Founded: 1944
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: €2.795b
- Shares outstanding: 45.00m
- Website: https://www.bicworld.com
Number of Employees
- Société BIC SA
- 14 rue Jeanne d'Asnieres
Société BIC SA manufactures and sells stationery, lighter, shaver, and other products in Europe, North and Latin America, the Middle East and Africa, the Oceania, and Asia. It offers ball and coloring felt...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 18:31|
|End of Day Share Price||2021/05/06 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.