BOY Stock Overview
Bodycote plc provides heat treatment and thermal processing services worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£6.23|
|52 Week High||UK£10.07|
|52 Week Low||UK£5.82|
|1 Month Change||-1.19%|
|3 Month Change||-18.84%|
|1 Year Change||-24.50%|
|3 Year Change||-19.63%|
|5 Year Change||-20.19%|
|Change since IPO||396.42%|
Recent News & Updates
Does Bodycote (LON:BOY) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Bodycote (LON:BOY) Has Some Way To Go To Become A Multi-Bagger
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
|BOY||GB Machinery||GB Market|
Return vs Industry: BOY underperformed the UK Machinery industry which returned -16.3% over the past year.
Return vs Market: BOY underperformed the UK Market which returned -2.5% over the past year.
|BOY Average Weekly Movement||6.1%|
|Machinery Industry Average Movement||6.5%|
|Market Average Movement||6.1%|
|10% most volatile stocks in GB Market||11.7%|
|10% least volatile stocks in GB Market||3.2%|
Stable Share Price: BOY is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BOY's weekly volatility (6%) has been stable over the past year.
About the Company
Bodycote plc provides heat treatment and thermal processing services worldwide. The company operates in two Aerospace, Defence & Energy; and Automotive & General Industrial segments. It offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and vacuum and honeycomb brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy.
Bodycote Fundamentals Summary
|BOY fundamental statistics|
Is BOY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BOY income statement (TTM)|
|Cost of Revenue||UK£532.50m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.31|
|Net Profit Margin||9.66%|
How did BOY perform over the long term?See historical performance and comparison
3.2%Current Dividend Yield
Is Bodycote undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BOY (£6.23) is trading below our estimate of fair value (£15.49)
Significantly Below Fair Value: BOY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BOY is poor value based on its PE Ratio (20x) compared to the UK Machinery industry average (18.9x).
PE vs Market: BOY is poor value based on its PE Ratio (20x) compared to the UK market (15.4x).
Price to Earnings Growth Ratio
PEG Ratio: BOY is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: BOY's PB Ratio (1.7x) is in line with the GB Machinery industry average.
How is Bodycote forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BOY's forecast earnings growth (15.5% per year) is above the savings rate (0.9%).
Earnings vs Market: BOY's earnings (15.5% per year) are forecast to grow faster than the UK market (11.2% per year).
High Growth Earnings: BOY's earnings are forecast to grow, but not significantly.
Revenue vs Market: BOY's revenue (6.4% per year) is forecast to grow faster than the UK market (4.1% per year).
High Growth Revenue: BOY's revenue (6.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BOY's Return on Equity is forecast to be low in 3 years time (13.5%).
How has Bodycote performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BOY has high quality earnings.
Growing Profit Margin: BOY's current net profit margins (9.7%) are higher than last year (0.07%).
Past Earnings Growth Analysis
Earnings Trend: BOY's earnings have declined by 18% per year over the past 5 years.
Accelerating Growth: BOY's earnings growth over the past year (14775%) exceeds its 5-year average (-18% per year).
Earnings vs Industry: BOY earnings growth over the past year (14775%) exceeded the Machinery industry 54.3%.
Return on Equity
High ROE: BOY's Return on Equity (8.8%) is considered low.
How is Bodycote's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BOY's short term assets (£197.1M) do not cover its short term liabilities (£263.0M).
Long Term Liabilities: BOY's short term assets (£197.1M) exceed its long term liabilities (£121.4M).
Debt to Equity History and Analysis
Debt Level: BOY's net debt to equity ratio (7.6%) is considered satisfactory.
Reducing Debt: BOY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: BOY's debt is well covered by operating cash flow (157.4%).
Interest Coverage: BOY's interest payments on its debt are well covered by EBIT (28.1x coverage).
What is Bodycote current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BOY's dividend (3.21%) is higher than the bottom 25% of dividend payers in the UK market (1.81%).
High Dividend: BOY's dividend (3.21%) is low compared to the top 25% of dividend payers in the UK market (4.85%).
Stability and Growth of Payments
Stable Dividend: BOY's dividend payments have been volatile in the past 10 years.
Growing Dividend: BOY's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.1%), BOY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.3%), BOY's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Stephen Harris (63 yo)
Mr. Stephen C. Harris, MA, MBA, C.Eng. has been the Group Chief Executive Officer at Bodycote plc since January 12, 2009. Mr. Harris served as Business Group Director of Spectris Plc and was responsible fo...
CEO Compensation Analysis
Compensation vs Market: Stephen's total compensation ($USD2.46M) is above average for companies of similar size in the UK market ($USD1.89M).
Compensation vs Earnings: Stephen's compensation has increased by more than 20% in the past year.
Experienced Board: BOY's board of directors are considered experienced (5.6 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.
Bodycote plc's employee growth, exchange listings and data sources
- Name: Bodycote plc
- Ticker: BOY
- Exchange: LSE
- Founded: 1923
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: UK£1.220b
- Shares outstanding: 190.71m
- Website: https://www.bodycote.com
Number of Employees
- Bodycote plc
- Springwood Court
- Springwood Close
- SK10 2XF
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/19 00:00|
|End of Day Share Price||2022/05/19 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.