DB:BCB

Stock Analysis Report

Executive Summary

BBX Capital Corporation, formerly known as BFC Financial Corporation, is a private equity and venture capital firm specializing in investments and acquisitions of middle market companies.

Snowflake

Risks

  • BBX Capital is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.

Share Price & News

How has BBX Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

12.0%

DB:BCB

-2.9%

DE Hospitality

0.9%

DE Market


1 Year Return

-49.5%

DB:BCB

-52.6%

DE Hospitality

-8.5%

DE Market

BCB outperformed the Hospitality industry which returned -52.5% over the past year.

BCB underperformed the Market in Germany which returned -8.7% over the past year.


Share holder returns

BCBIndustryMarket
7 Day12.0%-2.9%0.9%
30 Day-12.3%-6.5%0.3%
90 Day-28.3%-9.2%1.1%
1 Year-49.1%-49.5%-49.4%-52.6%-5.6%-8.5%
3 Yearn/a-22.3%-33.1%20.7%10.1%
5 Yearn/a-6.5%-25.2%26.8%9.1%

Price Volatility Vs. Market

How volatile is BBX Capital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is BBX Capital undervalued based on future cash flows and its price relative to the stock market?

15%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

BBX Capital's share price is below the future cash flow value, but not at a moderate discount (< 20%).

BBX Capital's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

BBX Capital is good value based on earnings compared to the DE Hospitality industry average.

BBX Capital is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

BBX Capital earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

BBX Capital is good value based on assets compared to the DE Hospitality industry average.

Future Growth

How is BBX Capital expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

-1.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

BBX Capital's revenue is expected to grow by 4.8% yearly, however this is not considered high growth (20% yearly).

BBX Capital's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

BBX Capital's revenue growth is positive but not above the Germany market average.

BBX Capital's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.

BBX Capital's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if BBX Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Past Performance

How has BBX Capital performed over the past 5 years?

1.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

BBX Capital's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

BBX Capital's 1-year earnings growth is negative, it can't be compared to the 5-year average.

BBX Capital's 1-year earnings growth is negative, it can't be compared to the DE Hospitality industry average.


Return on Equity

BBX Capital has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

BBX Capital used its assets less efficiently than the DE Hospitality industry average last year based on Return on Assets.


Return on Capital Employed

BBX Capital's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).

Financial Health

How is BBX Capital's financial position?


Financial Position Analysis

BBX Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

BBX Capital's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

BBX Capital's level of debt (117.1%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (159.8% vs 117.1% today).

Debt is not well covered by operating cash flow (10.9%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.5x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.6x debt.

Dividend

What is BBX Capital's current dividend yield, its reliability and sustainability?

10.25%

Expected Dividend Yield


Dividend Yield and Payments Analysis

BBX Capital's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.45%).

BBX Capital's dividend is below the markets top 25% of dividend payers in Germany (3.91%).

Whilst dividend payments have been stable, BBX Capital has been paying a dividend for less than 10 years.

Dividend payments have increased, but BBX Capital only paid a dividend in the past 3 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (6.4x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.

Management

What is the CEO of BBX Capital's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

Alan Levan (73yo)

US$9,731,737

Compensation

Mr. Alan B. Levan is a Founder of BBX Capital Corporation (formerly known as BFC Financial Corp) and has been its Chief Executive Officer and Chairman of the Board since February 2017. Mr. Levan served as  ...


CEO Compensation Analysis

Alan's remuneration is higher than average for companies of similar size in Germany.

Alan's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.3yrs

Average Tenure

48yo

Average Age

The tenure for the BBX Capital management team is about average.


Board Age and Tenure

9.8yrs

Average Tenure

72.5yo

Average Age

The tenure for the BBX Capital board of directors is about average.


Insider Trading

No 3 month insider trading information.


Recent Insider Transactions

Buy€28,10519 Nov 18
Andrew Cagnetta
EntityIndividual
Shares5,000
Max Price€5.62

Ownership Breakdown


Management Team

  • Alan Levan (73yo)

    • Compensation: $9.73m
  • Brett Sheppard

    Chief Accounting Officer

  • Susan Saturday (58yo)

    Executive VP & Chief Human Resources Officer

    • Tenure: 1.2yrs
  • Jarett Levan (44yo)

    President & Director

    • Tenure: 4.4yrs
    • Compensation: $4.10m
  • Angie Kenyon

    Vice President of Real Estate of Mod Pizza Franchise

    • Tenure: 2.3yrs
  • Herbert Wertheim

    Executive

  • Leo Hinkley

    Managing Director of Investor Relations Officer

  • Ray Lopez (43yo)

    Executive VP

    • Tenure: 4.3yrs
    • Compensation: $1.64m
  • Seth Wise (48yo)

    Executive VP & Director

    • Tenure: 9.8yrs
    • Compensation: $4.11m

Board Members

  • Alan Levan (73yo)

    • Tenure: 2.3yrs
    • Compensation: $9.73m
  • Jarett Levan (44yo)

    President & Director

    • Tenure: 9.8yrs
    • Compensation: $4.10m
  • Neil Sterling (66yo)

    Independent Director

    • Tenure: 16.3yrs
    • Compensation: $103.50k
  • Oscar Holzmann (75yo)

    Independent Director

    • Tenure: 17.4yrs
    • Compensation: $116.00k
  • William Nicholson (72yo)

    Independent Director

    • Tenure: 9.8yrs
    • Compensation: $116.00k
  • Jack Abdo (74yo)

    Vice Chairman

    • Tenure: 26.4yrs
    • Compensation: $9.74m
  • Joel Levy (78yo)

    Independent Director

    • Tenure: 9.8yrs
    • Compensation: $120.00k
  • Darwin Dornbush (88yo)

    Independent Director

    • Tenure: 9.8yrs
    • Compensation: $100.00k
  • Seth Wise (48yo)

    Executive VP & Director

    • Tenure: 9.8yrs
    • Compensation: $4.11m
  • Steven Coldren (70yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: $119.50k

Company Information

BBX Capital Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BBX Capital Corporation
  • Ticker: BCB
  • Exchange: DB
  • Founded: 1980
  • Industry: hotels, resorts and cruise lines
  • Sector: consumer services
  • Market Cap: US$423.564m
  • Listing Market Cap: US$377.607m
  • Shares outstanding: 97.76m
  • Website: Click here

Number of Employees


Location

  • BBX Capital Corporation
  • 401 East Las Olas Boulevard
  • Suite 800
  • Fort Lauderdale
  • Florida
  • 33301
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BBXNYSE (New York Stock Exchange)YesClass A Common StockUSUSDNov 1997
BCBDB (Deutsche Boerse AG)YesClass A Common StockDEEURNov 1997
BBXT.BOTCPK (Pink Sheets LLC)Class B Common StockUSUSDAug 1980

Biography

BBX Capital Corporation, formerly known as BFC Financial Corporation, is a private equity and venture capital firm specializing in investments and acquisitions of middle market companies. The firm also inv ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/19 22:26
End of Day Share Price2019/06/19 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.