ENXTAM:BAMNB

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Executive Summary

Koninklijke BAM Groep nv, together with its subsidiaries, provides products and services in the construction and property, civil engineering, and public private partnerships (PPP) sectors worldwide.


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Koninklijke BAM Groep's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BAMNB's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

10.3%

BAMNB

7.3%

NL Construction

7.0%

NL Market


1 Year Return

-55.4%

BAMNB

-14.0%

NL Construction

-8.3%

NL Market

Return vs Industry: BAMNB underperformed the Dutch Construction industry which returned -17.8% over the past year.

Return vs Market: BAMNB underperformed the Dutch Market which returned -9.1% over the past year.


Shareholder returns

BAMNBIndustryMarket
7 Day10.3%7.3%7.0%
30 Day11.9%20.1%12.5%
90 Day-22.6%-10.4%3.2%
1 Year-55.4%-55.4%-14.0%-14.0%-5.2%-8.3%
3 Year-61.3%-63.5%-26.0%-30.1%8.9%-2.3%
5 Year-47.5%-51.6%-41.3%-48.3%30.8%6.2%

Price Volatility Vs. Market

How volatile is Koninklijke BAM Groep's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Koninklijke BAM Groep undervalued compared to its fair value and its price relative to the market?

39.48x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BAMNB (€1.71) is trading above our estimate of fair value (€1.68)

Significantly Below Fair Value: BAMNB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BAMNB is poor value based on its PE Ratio (39.5x) compared to the Construction industry average (32.1x).

PE vs Market: BAMNB is poor value based on its PE Ratio (39.5x) compared to the Dutch market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: BAMNB is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: BAMNB is good value based on its PB Ratio (0.7x) compared to the NL Construction industry average (1x).


Next Steps

Future Growth

How is Koninklijke BAM Groep forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

59.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BAMNB's forecast earnings growth (59.5% per year) is above the savings rate (0.4%).

Earnings vs Market: BAMNB's earnings (59.5% per year) are forecast to grow faster than the Dutch market (20.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BAMNB's revenue is expected to decline over the next 3 years (-0.9% per year).

High Growth Revenue: BAMNB's revenue is forecast to decline over the next 3 years (-0.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BAMNB's Return on Equity is forecast to be low in 3 years time (13%).


Next Steps

Past Performance

How has Koninklijke BAM Groep performed over the past 5 years?

23.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BAMNB has high quality earnings.

Growing Profit Margin: BAMNB's current net profit margins (0.2%) are lower than last year (0.3%).


Past Earnings Growth Analysis

Earnings Trend: BAMNB has become profitable over the past 5 years, growing earnings by 23% per year.

Accelerating Growth: BAMNB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BAMNB had negative earnings growth (-50.2%) over the past year, making it difficult to compare to the Construction industry average (7.6%).


Return on Equity

High ROE: BAMNB's Return on Equity (1.9%) is considered low.


Next Steps

Financial Health

How is Koninklijke BAM Groep's financial position?


Financial Position Analysis

Short Term Liabilities: BAMNB's short term assets (€3.0B) do not cover its short term liabilities (€3.2B).

Long Term Liabilities: BAMNB's short term assets (€3.0B) exceed its long term liabilities (€735.0M).


Debt to Equity History and Analysis

Debt Level: BAMNB's debt to equity ratio (44.3%) is considered high.

Reducing Debt: BAMNB's debt to equity ratio has reduced from 77.3% to 44.3% over the past 5 years.

Debt Coverage: BAMNB's debt is well covered by operating cash flow (130%).

Interest Coverage: BAMNB's interest payments on its debt are well covered by EBIT (4.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Koninklijke BAM Groep's current dividend yield, its reliability and sustainability?

1.17%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BAMNB's dividend (1.17%) isn’t notable compared to the bottom 25% of dividend payers in the Dutch market (2.28%).

High Dividend: BAMNB's dividend (1.17%) is low compared to the top 25% of dividend payers in the Dutch market (6.73%).


Stability and Growth of Payments

Stable Dividend: BAMNB is not paying a notable dividend for the Dutch market, therefore no need to check if payments are stable.

Growing Dividend: BAMNB is not paying a notable dividend for the Dutch market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: BAMNB is not paying a notable dividend for the Dutch market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BAMNB's dividend in 3 years as they are not forecast to pay a notable one for the Dutch market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Frans den Houter (45yo)

0.17

Tenure

€675,000

Compensation

Mr. L.F. den Houter, also known as Frans, has been Chief Financial Officer and Member of Executive Board at Koninklijke BAM Groep nv since August 1, 2018 and has been Interim Chief Executive Officer since  ...


CEO Compensation Analysis

Compensation vs Market: Frans's total compensation ($USD758.09K) is about average for companies of similar size in the Dutch market ($USD863.53K).

Compensation vs Earnings: Frans's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
L. den Houter
CFO, Interim CEO & Member of Executive Board0.17yr€675.00k0.0092% 42.8k
S. Capper
Chief Information Officerno datano datano data
Joost van Galen
Head of Investor Relationsno datano datano data
S. H. A. Beckers
General Counsel & Company Secretaryno datano datano data
Walter Swinkels
Director of Governance3.42yrsno datano data
S. J. van de Wynkele
Chief HR Officer1.83yrsno datano data
Arno Pronk
Head of Public Relationsno datano datano data
G. Maas
Head of Strategyno datano datano data
H. Bree
Head of Property Investmentsno datano datano data
R. Burger
Head of Strategic Sourcingno datano datano data

1.8yrs

Average Tenure

45yo

Average Age

Experienced Management: BAMNB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
H. L. Noy
Chairman of the Supervisory Board3.42yrs€80.00k0.018% 85.5k
Henderikus Th. E. M. R. Rottinghuis
Member of Supervisory Board0.17yrno datano data
G. Boon
Vice Chairman of the Supervisory Board1.42yrs€63.00k0.029% 136.8k
C. M. Mahieu
Member of Supervisory Board9.17yrs€60.00kno data
M. Sheffield
Member of Supervisory Board2.83yrs€68.00kno data
H. Valentin
Member of Supervisory Board3.17yrs€68.00k0.011% 51.3k

3.0yrs

Average Tenure

60yo

Average Age

Experienced Board: BAMNB's board of directors are considered experienced (3 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Koninklijke BAM Groep nv's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Koninklijke BAM Groep nv
  • Ticker: BAMNB
  • Exchange: ENXTAM
  • Founded: 1869
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: €467.336m
  • Shares outstanding: 273.30m
  • Website: https://www.bam.com

Number of Employees


Location

  • Koninklijke BAM Groep nv
  • Runnenburg 9
  • Bunnik
  • Utrecht
  • 3981 AZ
  • Netherlands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BAMNBENXTAM (Euronext Amsterdam)YesOrdinary SharesNLEURJan 1992
BGPADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
KBAG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
0LNQLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
BAMNBABATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992

Biography

Koninklijke BAM Groep nv, together with its subsidiaries, provides products and services in the construction and property, civil engineering, and public private partnerships (PPP) sectors worldwide. The company designs, develops, constructs, and maintains public, residential and non-residential, infrastructure, turn-key construction, and civil architecture and industrial construction projects; and provides project development, design, and engineering services, as well as rail infrastructure, facilities management, and property development services. It also undertakes various civil and marine engineering projects; and operates PPP in road, rail, education, health care, judicial, and general projects. The company was founded in 1869 and is headquartered in Bunnik, the Netherlands. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/04 21:58
End of Day Share Price2020/06/04 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.