Bechtle AG provides information technology services primarily in Europe.
No risks detected for BC8 from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||€59.50|
|52 Week High||€47.87|
|52 Week Low||€67.88|
|1 Month Change||-7.90%|
|3 Month Change||8.15%|
|1 Year Change||4.75%|
|3 Year Change||128.85%|
|5 Year Change||264.58%|
|Change since IPO||1,078.22%|
Recent News & Updates
Should You Be Adding Bechtle (ETR:BC8) To Your Watchlist Today?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Are Investors Undervaluing Bechtle AG (ETR:BC8) By 50%?
Does the August share price for Bechtle AG ( ETR:BC8 ) reflect what it's really worth? Today, we will estimate the...
|BC8||DE IT||DE Market|
Return vs Industry: BC8 underperformed the German IT industry which returned 22% over the past year.
Return vs Market: BC8 underperformed the German Market which returned 21.4% over the past year.
Stable Share Price: BC8 is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BC8's weekly volatility (4%) has been stable over the past year.
About the Company
Bechtle AG provides information technology services primarily in Europe. The company operates in two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardware and software selling, project planning and implementation, system integration, IT services, and training for IT operation.
Bechtle Fundamentals Summary
|BC8 fundamental statistics|
Is BC8 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BC8 income statement (TTM)|
|Cost of Revenue||€5.20b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 11, 2021
|Earnings per share (EPS)||1.72|
|Net Profit Margin||3.55%|
How did BC8 perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is Bechtle 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: BC8 (€59.5) is trading above our estimate of fair value (€45.1)
Significantly Below Fair Value: BC8 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BC8 is good value based on its PE Ratio (34.7x) compared to the German IT industry average (35.8x).
PE vs Market: BC8 is poor value based on its PE Ratio (34.7x) compared to the German market (22.6x).
Price to Earnings Growth Ratio
PEG Ratio: BC8 is poor value based on its PEG Ratio (4x)
Price to Book Ratio
PB vs Industry: BC8 is overvalued based on its PB Ratio (6.2x) compared to the DE IT industry average (3.8x).
How is Bechtle forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BC8's forecast earnings growth (8.7% per year) is above the savings rate (-0.01%).
Earnings vs Market: BC8's earnings (8.7% per year) are forecast to grow slower than the German market (12.8% per year).
High Growth Earnings: BC8's earnings are forecast to grow, but not significantly.
Revenue vs Market: BC8's revenue (8.3% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: BC8's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BC8's Return on Equity is forecast to be low in 3 years time (17.7%).
How has Bechtle performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BC8 has high quality earnings.
Growing Profit Margin: BC8's current net profit margins (3.5%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: BC8's earnings have grown by 16.1% per year over the past 5 years.
Accelerating Growth: BC8's earnings growth over the past year (22.3%) exceeds its 5-year average (16.1% per year).
Earnings vs Industry: BC8 earnings growth over the past year (22.3%) underperformed the IT industry 35.1%.
Return on Equity
High ROE: BC8's Return on Equity (17.9%) is considered low.
How is Bechtle's financial position?
Financial Position Analysis
Short Term Liabilities: BC8's short term assets (€1.7B) exceed its short term liabilities (€893.7M).
Long Term Liabilities: BC8's short term assets (€1.7B) exceed its long term liabilities (€528.9M).
Debt to Equity History and Analysis
Debt Level: BC8's debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: BC8's debt to equity ratio has increased from 9.6% to 29.3% over the past 5 years.
Debt Coverage: BC8's debt is well covered by operating cash flow (91.3%).
Interest Coverage: BC8's interest payments on its debt are well covered by EBIT (53.7x coverage).
What is Bechtle current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BC8's dividend (0.76%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1%).
High Dividend: BC8's dividend (0.76%) is low compared to the top 25% of dividend payers in the German market (3.27%).
Stability and Growth of Payments
Stable Dividend: BC8's dividends per share have been stable in the past 10 years.
Growing Dividend: BC8's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.2%), BC8's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BC8's dividends in 3 years are forecast to be well covered by earnings (28.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Klaus Winkler (63 yo)
Mr. Klaus Winkler, M.D., serves as Chairman of Supervisory Board and Chief Executive Officer at Gebr. Heller Maschinenfabrik GmbH. He has been Chairman of the Supervisory Board of Bechtle AG since June 12,...
Experienced Management: BC8's management team is seasoned and experienced (15.2 years average tenure).
Experienced Board: BC8's board of directors are considered experienced (5.3 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.
Bechtle AG's employee growth, exchange listings and data sources
- Name: Bechtle AG
- Ticker: BC8
- Exchange: XTRA
- Founded: 1983
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: €7.497b
- Shares outstanding: 126.00m
- Website: https://www.bechtle.com
Number of Employees
- Bechtle AG
- Bechtle Platz 1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 21:40|
|End of Day Share Price||2021/10/19 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.