Loading...

BELIMO Holding

OTCPK:BLHW.F
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BLHW.F
OTCPK
CHF4B
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

BELIMO Holding AG, together with its subsidiaries, develops, produces, and markets electrical actuator solutions, valve systems, and sensors for heating, ventilation, and air conditioning (HVAC) systems worldwide. The last earnings update was 100 days ago. More info.


Add to Portfolio Compare Print
BLHW.F Share Price and Events
7 Day Returns
0%
OTCPK:BLHW.F
0.7%
US Building
0.1%
US Market
1 Year Returns
21.3%
OTCPK:BLHW.F
-1.4%
US Building
1.2%
US Market
BLHW.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
BELIMO Holding (BLHW.F) 0% 0% 2.5% 21.3% - -
US Building 0.7% 2.7% 7.4% -1.4% 9.8% 15.9%
US Market 0.1% 0.6% 0.9% 1.2% 36.7% 37.9%
1 Year Return vs Industry and Market
  • BLHW.F outperformed the Building industry which returned -1.4% over the past year.
  • BLHW.F outperformed the Market in United States of America which returned 1.2% over the past year.
Price Volatility
BLHW.F
Industry
5yr Volatility vs Market

Value

 Is BELIMO Holding undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of BELIMO Holding to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for BELIMO Holding.

OTCPK:BLHW.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:BLHW.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Building Unlevered Beta Simply Wall St/ S&P Global 1.11
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.111 (1 + (1- 18%) (0.04%))
1.075
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.07
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.075 * 5.96%)
9.14%

Discounted Cash Flow Calculation for OTCPK:BLHW.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for BELIMO Holding is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:BLHW.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CHF, Millions) Source Present Value
Discounted (@ 9.14%)
2019 87.91 Analyst x4 80.55
2020 96.99 Analyst x4 81.43
2021 102.35 Analyst x3 78.74
2022 107.60 Analyst x2 75.85
2023 113.20 Analyst x2 73.12
2024 118.15 Est @ 4.37% 69.92
2025 122.73 Est @ 3.88% 66.56
2026 127.07 Est @ 3.53% 63.14
2027 131.26 Est @ 3.29% 59.76
2028 135.36 Est @ 3.12% 56.47
Present value of next 10 years cash flows CHF705.54
OTCPK:BLHW.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CHF135.36 × (1 + 2.73%) ÷ (9.14% – 2.73%)
CHF2,170.74
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CHF2,170.74 ÷ (1 + 9.14%)10
CHF905.61
OTCPK:BLHW.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CHF705.54 + CHF905.61
CHF1,611.15
Equity Value per Share
(CHF)
= Total value / Shares Outstanding
= CHF1,611.15 / 0.61
CHF2620
OTCPK:BLHW.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:BLHW.F represents 0.89226x of SWX:BEAN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.89226x
Value per Share
(Listing Adjusted, USD)
= Value per Share (CHF) x Listing Adjustment Factor
= CHF 2,620.00 x 0.89226
$2,337.72
Value per share (USD) From above. $2,337.72
Current discount Discount to share price of $5,130.48
= -1 x ($5,130.48 - $2,337.72) / $2,337.72
-119.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of BELIMO Holding is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for BELIMO Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are BELIMO Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:BLHW.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CHF CHF140.22
SWX:BEAN Share Price ** SWX (2019-04-10) in CHF CHF5750
United States of America Building Industry PE Ratio Median Figure of 30 Publicly-Listed Building Companies 17.9x
United States of America Market PE Ratio Median Figure of 3,092 Publicly-Listed Companies 17.63x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of BELIMO Holding.

OTCPK:BLHW.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SWX:BEAN Share Price ÷ EPS (both in CHF)

= 5750 ÷ 140.22

41.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BELIMO Holding is overvalued based on earnings compared to the US Building industry average.
  • BELIMO Holding is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does BELIMO Holding's expected growth come at a high price?
Raw Data
OTCPK:BLHW.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 41.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
9.5%per year
United States of America Building Industry PEG Ratio Median Figure of 26 Publicly-Listed Building Companies 1.31x
United States of America Market PEG Ratio Median Figure of 2,126 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

OTCPK:BLHW.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 41.01x ÷ 9.5%

4.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BELIMO Holding is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on BELIMO Holding's assets?
Raw Data
OTCPK:BLHW.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CHF CHF715.29
SWX:BEAN Share Price * SWX (2019-04-10) in CHF CHF5750
United States of America Building Industry PB Ratio Median Figure of 37 Publicly-Listed Building Companies 2.08x
United States of America Market PB Ratio Median Figure of 5,244 Publicly-Listed Companies 1.79x
OTCPK:BLHW.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SWX:BEAN Share Price ÷ Book Value per Share (both in CHF)

= 5750 ÷ 715.29

8.04x

* Primary Listing of BELIMO Holding.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • BELIMO Holding is overvalued based on assets compared to the US Building industry average.
X
Value checks
We assess BELIMO Holding's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Building industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Building industry average (and greater than 0)? (1 check)
  5. BELIMO Holding has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is BELIMO Holding expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is BELIMO Holding expected to grow at an attractive rate?
  • BELIMO Holding's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • BELIMO Holding's earnings growth is positive but not above the United States of America market average.
  • BELIMO Holding's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:BLHW.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:BLHW.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 9.5%
OTCPK:BLHW.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 5.3%
United States of America Building Industry Earnings Growth Rate Market Cap Weighted Average 12.4%
United States of America Building Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:BLHW.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in CHF Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:BLHW.F Future Estimates Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 824 145 2
2022-12-31 816 142 2
2021-12-31 789 136 115 4
2020-12-31 739 127 106 6
2019-12-31 690 115 97 5
OTCPK:BLHW.F Past Financials Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income *
2018-12-31 643 114 86
2018-09-30 630 109 86
2018-06-30 617 104 87
2018-03-31 599 93 82
2017-12-31 581 82 77
2017-09-30 565 79 74
2017-06-30 549 75 70
2017-03-31 542 83 70
2016-12-31 535 90 70
2016-09-30 530 88 70
2016-06-30 526 86 71
2016-03-31 510 78 64

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • BELIMO Holding's earnings are expected to grow by 9.5% yearly, however this is not considered high growth (20% yearly).
  • BELIMO Holding's revenue is expected to grow by 5.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:BLHW.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from BELIMO Holding Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:BLHW.F Future Estimates Data
Date (Data in CHF Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 187.01 193.77 183.00 4.00
2020-12-31 173.08 179.69 169.00 5.00
2019-12-31 157.49 159.38 155.00 4.00
OTCPK:BLHW.F Past Financials Data
Date (Data in CHF Millions) EPS *
2018-12-31 140.22
2018-09-30 140.64
2018-06-30 141.06
2018-03-31 133.56
2017-12-31 126.06
2017-09-30 120.25
2017-06-30 114.44
2017-03-31 113.98
2016-12-31 113.51
2016-09-30 114.50
2016-06-30 115.50
2016-03-31 103.51

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • BELIMO Holding is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess BELIMO Holding's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
BELIMO Holding has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has BELIMO Holding performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare BELIMO Holding's growth in the last year to its industry (Building).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • BELIMO Holding's year on year earnings growth rate has been positive over the past 5 years.
  • BELIMO Holding's 1-year earnings growth exceeds its 5-year average (11.3% vs 7.6%)
  • BELIMO Holding's earnings growth has not exceeded the US Building industry average in the past year (11.3% vs 24.6%).
Earnings and Revenue History
BELIMO Holding's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from BELIMO Holding Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:BLHW.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CHF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 643.07 86.21 188.00
2018-09-30 630.22 86.47 183.55
2018-06-30 617.37 86.72 179.11
2018-03-31 599.01 82.11 175.97
2017-12-31 580.65 77.49 172.84
2017-09-30 565.02 73.91 168.58
2017-06-30 549.40 70.33 164.33
2017-03-31 542.07 70.04 162.14
2016-12-31 534.75 69.75 159.95
2016-09-30 530.26 70.36 158.21
2016-06-30 525.77 70.97 156.47
2016-03-31 510.43 63.60 154.39
2015-12-31 495.10 56.23 152.32
2015-09-30 494.39 56.43 152.50
2015-06-30 493.68 56.63 152.69
2015-03-31 494.00 61.91 150.64
2014-12-31 494.32 67.19 148.59
2014-09-30 487.79 64.94 144.89
2014-06-30 481.26 62.68 141.19
2014-03-31 477.66 62.64 139.82
2013-12-31 474.06 62.61 138.45
2013-09-30 469.53 63.59 136.80
2013-06-30 465.00 64.58 135.14
2013-03-31 455.50 62.59 132.55
2012-12-31 446.01 60.61 129.96
2012-09-30 432.85 58.02 100.71
2012-06-30 419.64 54.68 98.15

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • BELIMO Holding has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • BELIMO Holding used its assets more efficiently than the US Building industry average last year based on Return on Assets.
  • BELIMO Holding has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess BELIMO Holding's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Building industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
BELIMO Holding has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is BELIMO Holding's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up BELIMO Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • BELIMO Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • BELIMO Holding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of BELIMO Holding's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 238.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from BELIMO Holding Company Filings, last reported 5 months ago.

OTCPK:BLHW.F Past Debt and Equity Data
Date (Data in CHF Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 439.86 1.46 155.14
2018-09-30 439.86 1.46 155.14
2018-06-30 413.62 0.00 110.28
2018-03-31 413.62 0.00 110.28
2017-12-31 413.65 1.52 113.18
2017-09-30 413.65 1.52 113.18
2017-06-30 364.36 0.00 81.56
2017-03-31 364.36 0.00 81.56
2016-12-31 368.97 0.00 103.78
2016-09-30 368.97 0.00 103.78
2016-06-30 318.26 0.00 72.69
2016-03-31 318.26 0.00 72.69
2015-12-31 336.96 0.00 67.85
2015-09-30 336.96 0.00 67.85
2015-06-30 289.47 20.00 69.68
2015-03-31 289.47 20.00 69.68
2014-12-31 316.92 20.00 92.37
2014-09-30 316.92 20.00 92.37
2014-06-30 287.41 21.27 78.46
2014-03-31 287.41 21.27 78.46
2013-12-31 287.46 21.23 104.50
2013-09-30 287.46 21.23 104.50
2013-06-30 246.38 21.25 97.21
2013-03-31 246.38 21.25 97.21
2012-12-31 247.84 21.20 105.69
2012-09-30 261.35 21.20 105.69
2012-06-30 229.95 20.00 73.96
  • BELIMO Holding's level of debt (0.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (7.4% vs 0.3% today).
  • Debt is well covered by operating cash flow (7788%, greater than 20% of total debt).
  • BELIMO Holding earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess BELIMO Holding's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. BELIMO Holding has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is BELIMO Holding's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.74%
Current annual income from BELIMO Holding dividends. Estimated to be 2.08% next year.
If you bought $2,000 of BELIMO Holding shares you are expected to receive $35 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • BELIMO Holding's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • BELIMO Holding's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:BLHW.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
United States of America Building Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 1.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:BLHW.F Future Dividends Estimate Data
Date (Data in CHF) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 131.67 3.00
2020-12-31 119.17 6.00
2019-12-31 111.25 4.00
OTCPK:BLHW.F Past Annualized Dividends Data
Date (Data in CHF) Dividend per share (annual) Avg. Yield (%)
2019-03-11 100.000 1.912
2018-04-09 85.000 1.970
2017-03-13 75.000 1.884
2016-03-21 65.000 2.156
2015-03-23 65.000 2.893
2015-01-15 65.000 2.953
2014-03-17 65.000 2.743
2014-01-15 65.000 2.654
2013-03-12 60.000 2.654
2013-01-15 60.000 3.139
2012-08-07 50.000 2.941
2012-03-13 50.000 2.922
2012-01-16 50.000 2.824
2011-03-14 55.000 3.188
2011-01-17 55.000 3.121
2010-03-01 40.000 2.839

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, BELIMO Holding has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but BELIMO Holding only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of BELIMO Holding's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
X
Income/ dividend checks
We assess BELIMO Holding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can BELIMO Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. BELIMO Holding has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of BELIMO Holding's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Lars van der Haegen
COMPENSATION CHF974,000
AGE 50
TENURE AS CEO 3.9 years
CEO Bio

Mr. Lars van der Haegen, MBA, serves as the President of Belimo Aircontrols (USA), Inc. Mr. van der Haegen has been the Chief Executive Officer of Belimo Holding AG since July 1, 2015 and served as its Head of Americas since July 2015 until February 2016. Mr. van der Haegen served as Head of Division Americas at Belimo Holding AG since November 2010. He served as the Head of Product Management Air Volume Control Europe at BELIMO Automation AG from 2000 to 2002. He served as Manager of Product Management and Marketing Americas at BELIMO Aircontrols (USA) Inc. from 2003 to 2006. He served as Managing Director of BELIMO Servomotori S.r.l., from 2007 to 2010. He holds MBA in Business from London Business School and Columbia Business School in the year 2005 to 2007.

CEO Compensation
  • Lars's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Lars's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the BELIMO Holding management team in years:

5.3
Average Tenure
52.5
Average Age
  • The average tenure for the BELIMO Holding management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Lars van der Haegen

TITLE
Chief Executive Officer
COMPENSATION
CHF974K
AGE
50
TENURE
3.9 yrs

Markus Schürch

TITLE
CFO & Member of Management Board
AGE
47
TENURE
0.4 yrs

Peter Schmidlin

TITLE
Chief Innovation Officer & Member of the Group Executive Committee
AGE
55
TENURE
18.8 yrs

Lukas Eigenmann

TITLE
Head of Europe & Member of the Group Executive Committee
AGE
57
TENURE
8.9 yrs

Gary Economides

TITLE
Head of Asia Pacific & Member of the Group Executive Committee
AGE
48
TENURE
6.6 yrs

James Furlong

TITLE
Head of Americas & Member of the Group Executive Committee
AGE
58
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure and age of the BELIMO Holding board of directors in years:

0.7
Average Tenure
54
Average Age
  • The average tenure for the BELIMO Holding board of directors is less than 3 years, this suggests a new board.
Board of Directors

Patrick Burkhalter

TITLE
Chairman of the Board
COMPENSATION
CHF139K
AGE
56
TENURE
0.2 yrs

Martin Zwyssig

TITLE
Deputy Chairman
COMPENSATION
CHF139K
AGE
53

Adrian Altenburger

TITLE
Director
COMPENSATION
CHF139K
AGE
55
TENURE
4.2 yrs

Sandra Emme

TITLE
Director
COMPENSATION
CHF93K
AGE
46
TENURE
1.2 yrs

Urban Linsi

TITLE
Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess BELIMO Holding's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. BELIMO Holding has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

BELIMO Holding AG, together with its subsidiaries, develops, produces, and markets electrical actuator solutions, valve systems, and sensors for heating, ventilation, and air conditioning (HVAC) systems worldwide. The company offers HVAC damper actuators for use in various on/off, modulating, or communicating damper and life safety applications, including air handlers, economizer units, variable air volume terminal units, fan coil units, unit ventilators, and life safety dampers. It also provides various pressure dependent valves, such as the characterized control valves, quick compact valves, and butterfly valves; mechanical pressure independent valves for complex flow challenges, pressure-independent quick compact valves, and pressure-independent characterized control valves; electronic pressure independent valves; and Internet of Things cloud-connected pressure independent valves. In addition, the company provides accurate sensors for measuring temperature, humidity, pressure, CO2, and volatile compounds in pipe and duct applications; system solutions to optimize energy efficiency; and retrofit solutions. BELIMO Holding AG was founded in 1975 and is based in Hinwil, Switzerland.

Details
Name: BELIMO Holding AG
BLHW.F
Exchange: OTCPK
Founded: 1975
CHF3,536,275,878
614,943
Website: http://www.belimo.com
Address: BELIMO Holding AG
Brunnenbachstrasse 1,
Hinwil,
Zurich, 8340,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SWX BEAN Registered Shares SIX Swiss Exchange CH CHF 14. Nov 1995
OTCPK BLHW.F Registered Shares Pink Sheets LLC US USD 14. Nov 1995
DB B9H Registered Shares Deutsche Boerse AG DE EUR 14. Nov 1995
LSE 0QMR Registered Shares London Stock Exchange GB CHF 14. Nov 1995
BATS-CHIXE BEANZ Registered Shares BATS 'Chi-X Europe' GB CHF 14. Nov 1995
Number of employees
Current staff
Staff numbers
1,640
BELIMO Holding employees.
Industry
Building Products
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/19 00:10
End of day share price update: 2019/04/10 00:00
Last estimates confirmation: 2019/05/08
Last earnings filing: 2019/03/11
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.