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BWXT

BWX Technologies NYSE:BWXT Stock Report

Last Price

US$50.28

Market Cap

US$4.6b

7D

-0.02%

1Y

-18.9%

Updated

24 May, 2022

Data

Company Financials +
BWXT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance3/6
Financial Health4/6
Dividends3/6

BWXT Stock Overview

BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally.

BWX Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for BWX Technologies
Historical stock prices
Current Share PriceUS$50.28
52 Week HighUS$64.91
52 Week LowUS$42.58
Beta0.90
1 Month Change-8.00%
3 Month Change11.36%
1 Year Change-18.90%
3 Year Change4.86%
5 Year Change4.32%
Change since IPO150.03%

Recent News & Updates

May 09
We Think BWX Technologies (NYSE:BWXT) Can Stay On Top Of Its Debt

We Think BWX Technologies (NYSE:BWXT) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

BWXTUS Aerospace & DefenseUS Market
7D-0.02%-1.6%-4.0%
1Y-18.9%4.3%-13.2%

Return vs Industry: BWXT underperformed the US Aerospace & Defense industry which returned 2.5% over the past year.

Return vs Market: BWXT underperformed the US Market which returned -12.3% over the past year.

Price Volatility

Is BWXT's price volatile compared to industry and market?
BWXT volatility
BWXT Average Weekly Movement4.6%
Aerospace & Defense Industry Average Movement6.7%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: BWXT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BWXT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18676,600Rex Gevedenhttps://www.bwxt.com

BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally. It operates in three segments: Nuclear Operations Group, Nuclear Power Group, and Nuclear Services Group. The Nuclear Operations Group segment provides precision naval and critical nuclear components, reactors, nuclear fuel, and assemblies for the United States Department of Energy/National Nuclear Security Administration's Naval Nuclear Propulsion Program and other uses; missile launch tubes for United States Navy submarines; close-tolerance and equipment for nuclear applications; and converts Cold War-era government stockpiles of high-enriched uranium, as well as receives, stores, characterizes, dissolves, recovers, and purifies uranium-bearing materials; supplies research reactor fuel elements for colleges, universities, and national laboratories; and components for defense applications.

BWX Technologies Fundamentals Summary

How do BWX Technologies's earnings and revenue compare to its market cap?
BWXT fundamental statistics
Market CapUS$4.59b
Earnings (TTM)US$295.13m
Revenue (TTM)US$2.13b

15.5x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BWXT income statement (TTM)
RevenueUS$2.13b
Cost of RevenueUS$1.59b
Gross ProfitUS$540.72m
Other ExpensesUS$245.59m
EarningsUS$295.13m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.24
Gross Margin25.43%
Net Profit Margin13.88%
Debt/Equity Ratio196.9%

How did BWXT perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

27%

Payout Ratio

Valuation

Is BWX Technologies undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


0.3%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: BWXT ($50.28) is trading below our estimate of fair value ($50.43)

Significantly Below Fair Value: BWXT is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BWXT is good value based on its Price-To-Earnings Ratio (15.5x) compared to the US Aerospace & Defense industry average (19.7x).

PE vs Market: BWXT is poor value based on its Price-To-Earnings Ratio (15.5x) compared to the US market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: BWXT is poor value based on its PEG Ratio (2.7x)


Price to Book Ratio

PB vs Industry: BWXT is overvalued based on its Price-To-Book Ratio (6.9x) compared to the US Aerospace & Defense industry average (2.3x).


Future Growth

How is BWX Technologies forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


5.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BWXT's forecast earnings growth (5.8% per year) is above the savings rate (1.9%).

Earnings vs Market: BWXT's earnings (5.8% per year) are forecast to grow slower than the US market (12.3% per year).

High Growth Earnings: BWXT's earnings are forecast to grow, but not significantly.

Revenue vs Market: BWXT's revenue (4.1% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: BWXT's revenue (4.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BWXT's Return on Equity is forecast to be high in 3 years time (33.1%)


Past Performance

How has BWX Technologies performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


12.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BWXT has high quality earnings.

Growing Profit Margin: BWXT's current net profit margins (13.9%) are higher than last year (12.9%).


Past Earnings Growth Analysis

Earnings Trend: BWXT's earnings have grown by 12% per year over the past 5 years.

Accelerating Growth: BWXT's earnings growth over the past year (8.1%) is below its 5-year average (12% per year).

Earnings vs Industry: BWXT earnings growth over the past year (8.1%) underperformed the Aerospace & Defense industry 23.9%.


Return on Equity

High ROE: Whilst BWXT's Return on Equity (44.78%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is BWX Technologies's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BWXT's short term assets ($792.4M) exceed its short term liabilities ($408.6M).

Long Term Liabilities: BWXT's short term assets ($792.4M) do not cover its long term liabilities ($1.5B).


Debt to Equity History and Analysis

Debt Level: BWXT's net debt to equity ratio (192.8%) is considered high.

Reducing Debt: BWXT's debt to equity ratio has reduced from 275.5% to 196.9% over the past 5 years.

Debt Coverage: BWXT's debt is well covered by operating cash flow (21.7%).

Interest Coverage: BWXT's interest payments on its debt are well covered by EBIT (11x coverage).


Balance Sheet


Dividend

What is BWX Technologies's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.75%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BWXT's dividend (1.75%) is higher than the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: BWXT's dividend (1.75%) is low compared to the top 25% of dividend payers in the US market (4.05%).


Stability and Growth of Payments

Stable Dividend: BWXT's dividend payments have been volatile in the past 10 years.

Growing Dividend: BWXT's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.9%), BWXT's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (387.7%), BWXT's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

3.5yrs

Average management tenure


CEO

Rex Geveden (59 yo)

5.33yrs

Tenure

US$5,124,046

Compensation

Mr. Rex D. Geveden has been the Chief Executive Officer and President at BWX Technologies, Inc. since January 1, 2017 and served as its Chief Operating Officer from October 26, 2015 to December 2016. Mr. G...


CEO Compensation Analysis

Compensation vs Market: Rex's total compensation ($USD5.12M) is about average for companies of similar size in the US market ($USD6.83M).

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


Leadership Team

Experienced Management: BWXT's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: BWXT's board of directors are considered experienced (5.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BWXT insiders have only sold shares 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

BWX Technologies, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: BWX Technologies, Inc.
  • Ticker: BWXT
  • Exchange: NYSE
  • Founded: 1867
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Implied Market Cap: US$4.585b
  • Shares outstanding: 91.19m
  • Website: https://www.bwxt.com

Number of Employees


Location

  • BWX Technologies, Inc.
  • 800 Main Street
  • 4th Floor
  • Lynchburg
  • Virginia
  • 24504
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.