Société BIC
Market Cap
€2.1b
Last Updated
2021/01/21 18:55 UTC
Data Sources
Company Financials +
Executive Summary
Société BIC SA manufactures and sells stationery, lighter, shaver, and other products in Europe and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet, undervalued and pays a dividend.
Similar Companies
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: BB is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BB's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-0.5%
BB
-1.0%
FR Commercial Services
-1.1%
FR Market
1 Year Return
-20.2%
BB
-11.2%
FR Commercial Services
-2.8%
FR Market
Return vs Industry: BB underperformed the French Commercial Services industry which returned -11.1% over the past year.
Return vs Market: BB underperformed the French Market which returned -3.1% over the past year.
Shareholder returns
| BB | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | -1.0% | -1.1% |
| 30 Day | 1.7% | 5.6% | 2.5% |
| 90 Day | 13.9% | 23.5% | 13.3% |
| 1 Year | -15.9%-20.2% | -9.9%-11.2% | -0.9%-2.8% |
| 3 Year | -41.5%-49.3% | -28.4%-34.0% | 15.8%6.1% |
| 5 Year | -58.6%-66.9% | -11.9%-25.7% | 64.7%40.2% |
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
1 day ago | Simply Wall St
Should We Be Excited About The Trends Of Returns At Société BIC (EPA:BB)?2 weeks ago | Simply Wall St
Société BIC SA's (EPA:BB) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?1 month ago | Simply Wall St
Is There An Opportunity With Société BIC SA's (EPA:BB) 48% Undervaluation?Valuation
Is Société BIC undervalued compared to its fair value and its price relative to the market?
46.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BB (€47.88) is trading below our estimate of fair value (€90.17)
Significantly Below Fair Value: BB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BB is good value based on its PE Ratio (19x) compared to the FR Commercial Services industry average (40.4x).
PE vs Market: BB is good value based on its PE Ratio (19x) compared to the French market (23.4x).
Price to Earnings Growth Ratio
PEG Ratio: BB is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: BB's PB Ratio (1.5x) is in line with the FR Commercial Services industry average.
Next Steps
Future Growth
How is Société BIC forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
22.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BB's forecast earnings growth (22.9% per year) is above the savings rate (0.4%).
Earnings vs Market: BB's earnings (22.9% per year) are forecast to grow slower than the French market (24.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BB's revenue (3% per year) is forecast to grow slower than the French market (6.9% per year).
High Growth Revenue: BB's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BB's Return on Equity is forecast to be low in 3 years time (11.2%).
Next Steps
Past Performance
How has Société BIC performed over the past 5 years?
-16.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BB has a large one-off loss of €117.6M impacting its September 30 2020 financial results.
Growing Profit Margin: BB's current net profit margins (6.6%) are lower than last year (10.1%).
Past Earnings Growth Analysis
Earnings Trend: BB's earnings have declined by 16.9% per year over the past 5 years.
Accelerating Growth: BB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BB had negative earnings growth (-42.7%) over the past year, making it difficult to compare to the Commercial Services industry average (-42.7%).
Return on Equity
High ROE: BB's Return on Equity (7.9%) is considered low.
Next Steps
Financial Health
How is Société BIC's financial position?
Financial Position Analysis
Short Term Liabilities: BB's short term assets (€1.1B) exceed its short term liabilities (€499.1M).
Long Term Liabilities: BB's short term assets (€1.1B) exceed its long term liabilities (€266.7M).
Debt to Equity History and Analysis
Debt Level: BB is debt free.
Reducing Debt: BB currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: BB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BB has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Société BIC current dividend yield, its reliability and sustainability?
5.12%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BB's dividend (5.12%) is higher than the bottom 25% of dividend payers in the French market (1.35%).
High Dividend: BB's dividend (5.12%) is in the top 25% of dividend payers in the French market (4.51%)
Stability and Growth of Payments
Stable Dividend: BB's dividend payments have been volatile in the past 10 years.
Growing Dividend: BB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (97%), BB's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BB's dividends in 3 years are forecast to be covered by earnings (59.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
Gonzalve Bich (41 yo)
2.67yrs
Tenure
€2,858,588
Compensation
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 ($USD3.47M) is above average for companies of similar size in the French market ($USD1.80M).
Compensation vs Earnings: Gonzalve's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.67yrs | €2.86m | 0.22% € 4.8m | |
| Chief Financial Officer | 0.50yr | no data | no data | |
| Chief Administrative Officer | 1.25yrs | no data | no data | |
| Senior Manager of Investor Relations | 1yr | no data | no data | |
| Chief Human Resources Officer | 0.17yr | no data | no data | |
| Group Insights & Innovation Officer of Stationery and Shavers | 1.92yrs | no data | no data | |
| Group Supply Chain Officer | no data | no data | no data | |
| Chief Strategy & Business Development Officer | 1.25yrs | no data | no data | |
| Group Commercial Officer | 2yrs | no data | no data | |
| Vice President of Corporate Stakeholder Engagement | no data | no data | no data | |
| Strategic Advisor | no data | no data | no data |
1.3yrs
Average Tenure
48yo
Average Age
Experienced Management: BB's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.67yrs | €2.86m | 0.22% € 4.8m | |
| Independent Director | 3.67yrs | €87.60k | 0.0011% € 23.8k | |
| Independent Chairman of the Board | 2.67yrs | €300.00k | 0.013% € 286.7k | |
| Independent Director | 12.08yrs | €61.60k | 0.0011% € 23.8k | |
| Director | 1.67yrs | €375.54k | 0.22% € 4.8m | |
| Director | 14.67yrs | €56.50k | no data | |
| Director | 17.67yrs | €42.50k | 0.22% € 4.8m | |
| Independent Director | 7.67yrs | €70.70k | 0.0011% € 23.8k | |
| Independent Director | 0.67yr | no data | no data | |
| Independent Director | 1.67yrs | €42.51k | 0.0011% € 23.8k | |
| Employees Representative Director | 3.08yrs | no data | 0.000050% € 1.1k | |
| Director | 1.08yrs | €4.42k | 0.22% € 4.8m |
2.9yrs
Average Tenure
54.5yo
Average Age
Experienced Board: BB's board of directors are not considered experienced ( 2.9 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
Société BIC SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Société BIC SA
- Ticker: BB
- Exchange: ENXTPA
- Founded: 1944
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: €2.143b
- Shares outstanding: 44.85m
- Website: https://www.bicworld.com
Number of Employees
Location
- Société BIC SA
- 14 rue Jeanne dAsniEres
- Cedex
- Clichy
- Ile-de-France
- 92611
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BICE.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jan 1992 |
| BB | ENXTPA (Euronext Paris) | Yes | Common Stock | FR | EUR | Jan 1992 |
| BIF | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1992 |
| 0MGP | LSE (London Stock Exchange) | Yes | Common Stock | GB | EUR | Jan 1992 |
| BBP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | EUR | Jan 1992 |
| BICE.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Oct 2008 |
Biography
Société BIC SA manufactures and sells stationery, lighter, shaver, and other products in Europe and internationally. The company offers stationery products, including ball pens, ink, dry gel pens, fineline...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 18:55 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| 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.