BWX Technologies
Market Cap
US$6.3b
Last Updated
2021/05/09 22:14 UTC
Data Sources
Company Financials +
Executive Summary
BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally. More Details
Snowflake Analysis
Acceptable track record with mediocre balance sheet.
Similar Companies
Share Price & News
How has BWX Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BWXT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: BWXT's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-1.4%
BWXT
2.2%
US Aerospace & Defense
0.2%
US Market
1 Year Return
12.6%
BWXT
29.8%
US Aerospace & Defense
49.9%
US Market
Return vs Industry: BWXT underperformed the US Aerospace & Defense industry which returned 29.8% over the past year.
Return vs Market: BWXT underperformed the US Market which returned 49.9% over the past year.
Shareholder returns
| BWXT | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | 2.2% | 0.2% |
| 30 Day | -2.0% | 4.7% | 1.5% |
| 90 Day | 15.8% | 13.5% | 3.3% |
| 1 Year | 14.2%12.6% | 32.7%29.8% | 52.4%49.9% |
| 3 Year | 1.5%-2.4% | 25.7%0.5% | 63.7%53.4% |
| 5 Year | 105.9%95.1% | 84.9%38.9% | 130.6%104.9% |
Long-Term Price Volatility Vs. Market
How volatile is BWX Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Here's Why Some Shareholders May Not Be Too Generous With BWX Technologies, Inc.'s (NYSE:BWXT) CEO Compensation This Year4 weeks ago | Simply Wall St
BWX Technologies (NYSE:BWXT) Seems To Use Debt Quite Sensibly1 month ago | Simply Wall St
Does BWX Technologies (NYSE:BWXT) Deserve A Spot On Your Watchlist?Valuation
Is BWX Technologies undervalued compared to its fair value and its price relative to the market?
23.08x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BWXT ($66) is trading above our estimate of fair value ($56.22)
Significantly Below Fair Value: BWXT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BWXT is good value based on its PE Ratio (23.1x) compared to the US Aerospace & Defense industry average (30.8x).
PE vs Market: BWXT is poor value based on its PE Ratio (23.1x) compared to the US market (20.2x).
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 PB Ratio (9.6x) compared to the US Aerospace & Defense industry average (2.7x).
Future Growth
How is BWX Technologies forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
8.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BWXT's forecast earnings growth (8.5% per year) is above the savings rate (2%).
Earnings vs Market: BWXT's earnings (8.5% per year) are forecast to grow slower than the US market (15.1% per year).
High Growth Earnings: BWXT's earnings are forecast to grow, but not significantly.
Revenue vs Market: BWXT's revenue (5.6% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: BWXT's revenue (5.6% 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 (23.8%)
Past Performance
How has BWX Technologies performed over the past 5 years?
11.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BWXT has high quality earnings.
Growing Profit Margin: BWXT's current net profit margins (12.9%) are lower than last year (13.4%).
Past Earnings Growth Analysis
Earnings Trend: BWXT's earnings have grown by 11.2% per year over the past 5 years.
Accelerating Growth: BWXT's earnings growth over the past year (0.8%) is below its 5-year average (11.2% per year).
Earnings vs Industry: BWXT earnings growth over the past year (0.8%) exceeded the Aerospace & Defense industry -6.2%.
Return on Equity
High ROE: Whilst BWXT's Return on Equity (41.66%) is outstanding, this metric is skewed due to their high level of debt.
Financial Health
How is BWX Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: BWXT's short term assets ($759.2M) exceed its short term liabilities ($404.0M).
Long Term Liabilities: BWXT's short term assets ($759.2M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: BWXT's debt to equity ratio (153.8%) is considered high.
Reducing Debt: BWXT's debt to equity ratio has increased from 108.1% to 153.8% over the past 5 years.
Debt Coverage: BWXT's debt is well covered by operating cash flow (29.8%).
Interest Coverage: BWXT's interest payments on its debt are well covered by EBIT (11.7x coverage).
Balance Sheet
Dividend
What is BWX Technologies's current dividend yield, its reliability and sustainability?
1.27%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BWXT's dividend (1.27%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: BWXT's dividend (1.27%) is low compared to the top 25% of dividend payers in the US market (3.4%).
Stability and Growth of Payments
Stable Dividend: BWXT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BWXT's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.3%), BWXT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BWXT's dividends in 3 years are forecast to be well covered by earnings (27.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.9yrs
Average management tenure
CEO
Rex Geveden (58 yo)
4.33yrs
Tenure
US$5,456,840
Compensation
Mr. Rex D. Geveden has been the Chief Executive Officer and President at BWX Technologies, Inc. since January 1, 2017 and served as its Chief Operating Officer from October 26, 2015 to December 2016. Mr. G...
CEO Compensation Analysis
Compensation vs Market: Rex's total compensation ($USD5.46M) is about average for companies of similar size in the US market ($USD6.51M).
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 (2.9 years average tenure).
Board Members
Experienced Board: BWXT's board of directors are considered experienced (4.5 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 company bio, 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
- Market Cap: US$6.279b
- Shares outstanding: 95.14m
- Website: https://www.bwxt.com
Number of Employees
Location
- BWX Technologies, Inc.
- 800 Main Street
- 4th Floor
- Lynchburg
- Virginia
- 24504
- United States
Listings
Biography
BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally. Its Nuclear Operations Group segment offers nuclear components, reactors, assemblies, and...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/09 22:14 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.