ENXTAM:BOKA

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Royal Boskalis Westminster

Executive Summary

Royal Boskalis Westminster N.V. provides dredging, offshore energy, and maritime services worldwide. More Details

Rewards

Earnings are forecast to grow 77.81% per year

Risk Analysis

No risks detected for BOKA from our risk checks.


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Royal Boskalis Westminster's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BOKA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.2%

BOKA

-1.6%

NL Construction

-2.1%

NL Market


1 Year Return

-5.4%

BOKA

-6.2%

NL Construction

-9.4%

NL Market

Return vs Industry: BOKA matched the Dutch Construction industry which returned -6.2% over the past year.

Return vs Market: BOKA exceeded the Dutch Market which returned -9.4% over the past year.


Shareholder returns

BOKAIndustryMarket
7 Day-4.2%-1.6%-2.1%
30 Day11.1%10.4%2.9%
90 Day13.9%12.8%-2.2%
1 Year-5.4%-5.4%-6.2%-6.2%-7.1%-9.4%
3 Year-34.5%-38.6%-29.4%-33.3%-2.0%-11.9%
5 Year-51.1%-57.8%-40.8%-47.7%27.1%4.2%

Price Volatility Vs. Market

How volatile is Royal Boskalis Westminster's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Royal Boskalis Westminster undervalued compared to its fair value and its price relative to the market?

1.04x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: BOKA (€18.68) is trading above our estimate of fair value (€4.83)

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


Price To Earnings Ratio

PE vs Industry: BOKA is unprofitable, so we can't compare its PE Ratio to the XE Construction industry average.

PE vs Market: BOKA is unprofitable, so we can't compare its PE Ratio to the Dutch market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BOKA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BOKA's PB Ratio (1x) is in line with the NL Construction industry average.


Next Steps

Future Growth

How is Royal Boskalis Westminster forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

77.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOKA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).

Earnings vs Market: BOKA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BOKA's is expected to become profitable in the next 3 years.

Revenue vs Market: BOKA's revenue (2.7% per year) is forecast to grow slower than the Dutch market (9% per year).

High Growth Revenue: BOKA's revenue (2.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BOKA's Return on Equity is forecast to be low in 3 years time (7%).


Next Steps

  • Explore growth companies in the Capital Goods industry.

Past Performance

How has Royal Boskalis Westminster performed over the past 5 years?

-28.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOKA is currently unprofitable.

Growing Profit Margin: BOKA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BOKA is unprofitable, and losses have increased over the past 5 years at a rate of 28.6% per year.

Accelerating Growth: Unable to compare BOKA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BOKA is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (2.1%).


Return on Equity

High ROE: BOKA has a negative Return on Equity (-0.97%), as it is currently unprofitable.


Next Steps

Financial Health

How is Royal Boskalis Westminster's financial position?


Financial Position Analysis

Short Term Liabilities: BOKA's short term assets (€1.7B) do not cover its short term liabilities (€1.8B).

Long Term Liabilities: BOKA's short term assets (€1.7B) exceed its long term liabilities (€464.3M).


Debt to Equity History and Analysis

Debt Level: BOKA's debt to equity ratio (22.2%) is considered satisfactory.

Reducing Debt: BOKA's debt to equity ratio has reduced from 27% to 22.2% over the past 5 years.

Debt Coverage: BOKA's debt is well covered by operating cash flow (133.9%).

Interest Coverage: BOKA is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Royal Boskalis Westminster current dividend yield, its reliability and sustainability?

2.28%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BOKA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BOKA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BOKA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BOKA's dividend payments have been increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BOKA'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?

12.3yrs

Average management tenure


CEO

Peter A. Berdowski (63 yo)

14.75yrs

Tenure

€1,893,000

Compensation

Dr. Peter A. M. Berdowski serves as the Chief Executive Officer of van Koninklijke Boskalis Westminster N.V. Dr. Berdowski has been the Chairman of the Board of Management and Chief Executive Officer of Ro ...


CEO Compensation Analysis

Compensation vs Market: Peter A.'s total compensation ($USD2.24M) is about average for companies of similar size in the Dutch market ($USD2.75M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Peter A. Berdowski
Chairman of Management Board & CEO14.75yrs€1.89m0.076%
€ 1.9m
Carlo van Noort
CFO & Member of Management Board1.42yrs€572.65kno data
Theo Baartmans
Member of Management Board13.42yrs€1.30mno data
Bart Heijermans
Member of Management Board2.08yrs€685.00k0.019%
€ 466.9k
Martijn L. Schuttevaer
Head of Investor Relations & Corporate Communications12.33yrsno datano data
F. Buijs
Head of Corporate Legal & Company Secretaryno datano datano data
C. Visser
Head of Corporate Developmentno datano datano data
J. den Hartog
Head of Personnel & Organizationno datano datano data
M. Krijger
Head of Information & Communications Technologyno datano datano data
A. Steenbrink
Head of Research & Developmentno datano datano data
P. van Eerten
Head of Central Fleet Supportno datano datano data
J. Rijnsdorp
Head of Procurement & Logisticsno datano datano data

12.3yrs

Average Tenure

54yo

Average Age

Experienced Management: BOKA's management team is seasoned and experienced (12.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeroen van der Veer
Chairman of Supervisory Board2.42yrs€73.00kno data
J. Van Wiechen
Member of Supervisory Board9.42yrs€58.00kno data
J. de Kreij
Deputy Chairman of Supervisory Board0.75yr€54.00kno data
D. Sperling
Member of the Supervisory Board1.42yrs€36.00kno data
J. A. Bakker
Member of the Supervisory Board1.42yrs€34.00kno data
R. V. Jones-Bos
Member of Supervisory Board0.33yrno datano data

1.4yrs

Average Tenure

66yo

Average Age

Experienced Board: BOKA's board of directors are not considered experienced ( 1.4 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

Royal Boskalis Westminster N.V.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Royal Boskalis Westminster N.V.
  • Ticker: BOKA
  • Exchange: ENXTAM
  • Founded: 1910
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: €2.447b
  • Shares outstanding: 131.01m
  • Website: https://boskalis.com

Number of Employees


Location

  • Royal Boskalis Westminster N.V.
  • Rosmolenweg 20
  • Papendrecht
  • Zuid-Holland
  • 3356 LK
  • Netherlands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KKWF.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
BOKAENXTAM (Euronext Amsterdam)YesOrdinary SharesNLEURJan 1992
KBWADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
0LO8LSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
BOKAABATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
BOKAWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJan 1992
RBWN.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDMay 2013

Biography

Royal Boskalis Westminster N.V. provides dredging, offshore energy, and maritime services worldwide. Its Dredging & Inland Infra segment engages constructs and maintains ports and waterways; and provides l ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 21:50
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
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.