OTCPK:BURC.A

Stock Analysis Report

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Executive Summary

Burnham Holdings, Inc. designs, manufactures, and sells boilers and related heating, ventilation, and air conditioning products and accessories for residential, commercial, and industrial applications in the United States and internationally. More Details


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.


Similar Companies

Share Price & News

How has Burnham Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

6.2%

BURC.A

4.2%

US Building

1.8%

US Market


1 Year Return

-20.4%

BURC.A

10.4%

US Building

14.2%

US Market

Return vs Industry: BURC.A underperformed the US Building industry which returned 10.4% over the past year.

Return vs Market: BURC.A underperformed the US Market which returned 14.2% over the past year.


Shareholder returns

BURC.AIndustryMarket
7 Day6.2%4.2%1.8%
30 Day-3.0%1.0%0.04%
90 Day10.4%24.7%9.8%
1 Year-14.4%-20.4%18.1%10.4%16.7%14.2%
3 Year-8.1%-23.9%36.3%24.1%41.6%32.2%
5 Year-15.5%-37.2%91.5%63.0%90.9%69.5%

Price Volatility Vs. Market

How volatile is Burnham Holdings's share price compared to the market and industry in the last 5 years?


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2 years ago | Simply Wall St

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Valuation

Is Burnham Holdings undervalued compared to its fair value and its price relative to the market?

35.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BURC.A ($11.15) is trading below our estimate of fair value ($17.34)

Significantly Below Fair Value: BURC.A is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BURC.A is good value based on its PE Ratio (8.6x) compared to the US Building industry average (26.9x).

PE vs Market: BURC.A is good value based on its PE Ratio (8.6x) compared to the US market (18.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BURC.A is good value based on its PB Ratio (0.6x) compared to the US Building industry average (2.7x).


Next Steps

Future Growth

How is Burnham Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

29.1%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Burnham Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Examine whether Burnham Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Burnham Holdings's filings and announcementshere.
  • Explore growth companies in the Capital Goods industry.

Past Performance

How has Burnham Holdings performed over the past 5 years?

-19.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BURC.A has high quality earnings.

Growing Profit Margin: BURC.A's current net profit margins (3%) are higher than last year (0.6%).


Past Earnings Growth Analysis

Earnings Trend: BURC.A's earnings have declined by 19.3% per year over the past 5 years.

Accelerating Growth: BURC.A's earnings growth over the past year (375.9%) exceeds its 5-year average (-19.3% per year).

Earnings vs Industry: BURC.A earnings growth over the past year (375.9%) exceeded the Building industry -12.5%.


Return on Equity

High ROE: BURC.A's Return on Equity (7.1%) is considered low.


Next Steps

Financial Health

How is Burnham Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: BURC.A's short term assets ($84.6M) exceed its short term liabilities ($21.3M).

Long Term Liabilities: BURC.A's short term assets ($84.6M) exceed its long term liabilities ($48.1M).


Debt to Equity History and Analysis

Debt Level: BURC.A's debt to equity ratio (37.7%) is considered satisfactory.

Reducing Debt: BURC.A's debt to equity ratio has reduced from 39.2% to 37.7% over the past 5 years.

Debt Coverage: BURC.A's debt is well covered by operating cash flow (31.3%).

Interest Coverage: BURC.A's interest payments on its debt are well covered by EBIT (63.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Burnham Holdings's current dividend yield, its reliability and sustainability?

7.89%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BURC.A's dividend (7.89%) is higher than the bottom 25% of dividend payers in the US market (1.66%).

High Dividend: BURC.A's dividend (7.89%) is in the top 25% of dividend payers in the US market (4.65%)


Stability and Growth of Payments

Stable Dividend: BURC.A's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (68.2%), BURC.A's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

8.4yrs

Average management tenure


CEO

Doug Brossman

8.42yrs

Tenure

Mr. Douglas S. Brossman, also known as Doug, serves as Vice Chairman at Burnham Holdings, Inc. since April 27, 2020 and has been its Chief Executive Officer since April 23, 2012 and was its President since ...


Leadership Team

NamePositionTenureCompensationOwnership
Douglas Brossman
CEO & Vice Chairman8.42yrsno datano data
Christopher Drew
President6yrsno datano data
Dale Bowman
CFO, VP & Assistant Secretary6.08yrsno datano data
John Roda
VP, General Counsel & Secretary8.5yrsno datano data
Bradley Ehlert
Director of Information Technology & Controller13.67yrsno datano data

8.4yrs

Average Tenure

Experienced Management: BURC.A's management team is seasoned and experienced (8.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Douglas Brossman
CEO & Vice Chairman8.42yrsno datano data
Christopher Drew
President6yrsno datano data
George Hodges
Independent Chairman0.42yrno datano data
John Lyman
Independent Directorno datano datano data
William Dodge
Independent Director15.42yrsno datano data
Elizabeth McMullan
Independent Directorno datano datano data
Philmer Rohrbaugh
Independent Director7.92yrsno datano data
Donald Stern
Independent Director5.92yrsno datano data
E. Wenger
Independent Director0.92yrno datano data

5.9yrs

Average Tenure

Experienced Board: BURC.A's board of directors are considered experienced (5.9 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Burnham Holdings, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Burnham Holdings, Inc.
  • Ticker: BURC.A
  • Exchange: OTCPK
  • Founded: 2002
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: US$57.585m
  • Shares outstanding: 4.57m
  • Website: https://www.burnhamholdings.com

Number of Employees


Location

  • Burnham Holdings, Inc.
  • 1241 Harrisburg Avenue
  • Post Office Box 3245
  • Lancaster
  • Pennsylvania
  • 17604-3245
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BURC.AOTCPK (Pink Sheets LLC)YesClass A Common StockUSUSDJan 1975
BURC.BOTCPK (Pink Sheets LLC)Class B Common StockUSUSDMay 2009

Biography

Burnham Holdings, Inc. designs, manufactures, and sells boilers and related heating, ventilation, and air conditioning products and accessories for residential, commercial, and industrial applications in t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/18 06:16
End of Day Share Price2020/09/17 00:00
Earnings2020/06/28
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.