Brunswick Corporation designs, manufactures, and markets recreation products worldwide.
+ 1 more risk
Adequate balance sheet with reasonable growth potential and pays a dividend.
Share Price & News
How has Brunswick's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BC's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BC underperformed the US Leisure industry which returned -25.5% over the past year.
Return vs Market: BC underperformed the US Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is Brunswick's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StBrunswick Corporation (NYSE:BC) Analysts Just Cut Their EPS Forecasts By 47%
1 week ago | Simply Wall StBrunswick (NYSE:BC) Has A Somewhat Strained Balance Sheet
4 weeks ago | Simply Wall StHow Does Investing In Brunswick Corporation (NYSE:BC) Impact The Volatility Of Your Portfolio?
Is Brunswick undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BC ($35.94) is trading below our estimate of fair value ($105.54)
Significantly Below Fair Value: BC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BC is poor value based on its PE Ratio (100.7x) compared to the Leisure industry average (12.9x).
PE vs Market: BC is poor value based on its PE Ratio (100.7x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: BC is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: BC is overvalued based on its PB Ratio (2.2x) compared to the US Leisure industry average (2.1x).
How is Brunswick forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BC's forecast earnings growth (46.7% per year) is above the savings rate (1.7%).
Earnings vs Market: BC's earnings (46.7% per year) are forecast to grow faster than the US market (12.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BC's revenue is expected to decline over the next 3 years (-2.9% per year).
High Growth Revenue: BC's revenue is forecast to decline over the next 3 years (-2.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BC's Return on Equity is forecast to be high in 3 years time (25.8%)
How has Brunswick performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BC has a large one-off loss of $321.3M impacting its December 31 2019 financial results.
Growing Profit Margin: BC's current net profit margins (0.7%) are lower than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: BC's earnings have declined by -10.6% per year over the past 5 years.
Accelerating Growth: BC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BC had negative earnings growth (-88%) over the past year, making it difficult to compare to the Leisure industry average (-3.4%).
Return on Equity
High ROE: BC's Return on Equity (2.3%) is considered low.
How is Brunswick's financial position?
Financial Position Analysis
Short Term Liabilities: BC's short term assets ($1.5B) exceed its short term liabilities ($944.4M).
Long Term Liabilities: BC's short term assets ($1.5B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: BC's debt to equity ratio (85.3%) is considered high.
Reducing Debt: BC's debt to equity ratio has increased from 38.7% to 85.3% over the past 5 years.
Debt Coverage: BC's debt is well covered by operating cash flow (39.1%).
Interest Coverage: BC's interest payments on its debt are well covered by EBIT (6.8x coverage).
Inventory Level: BC has a high level of physical assets or inventory.
Debt Coverage by Assets: BC's debt is covered by short term assets (assets are 1.4x debt).
What is Brunswick's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BC's dividend (2.67%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: BC's dividend (2.67%) is low compared to the top 25% of dividend payers in the US market (5.4%).
Stability and Growth of Payments
Stable Dividend: BC's dividends per share have been stable in the past 10 years.
Growing Dividend: BC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (243.8%), BC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BC's dividends in 3 years are forecast to be well covered by earnings (29% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Foulkes (57yo)
Mr. David M. Foulkes has been Chief Executive Officer and Director at Brunswick Corp. since January 01, 2019. Mr. Foulkes was Chief Technology Officer and President of Brunswick Marine Consumer Solutions a ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD5.84M) is about average for companies of similar size in the US market ($USD5.48M).
Compensation vs Earnings: David's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO & Director||1.17yrs||US$5.84m||0.018% $525.3k|
|Senior VP & CFO||7yrs||US$2.08m||0.16% $4.5m|
|VP, General Counsel & Secretary||5.42yrs||US$1.43m||0.026% $739.8k|
|VP & President of Brunswick Boat Group||3.83yrs||US$1.45m||0.021% $600.1k|
|VP & President of Mercury Marine||1.17yrs||US$1.41m||0.0066% $187.1k|
|Chief Information Officer & VP||3.25yrs||no data||no data|
|Senior Director of Investor Relations||0.67yr||no data||no data|
|Director of Media Relations & Corporate Communications||no data||no data||no data|
|VP, Chief Human Resources Officer & President of Business Acceleration||4yrs||no data||0.038% $1.1m|
|VP of Corporate Strategy & President of Aluminum Commercial Operations||0.42yr||no data||no data|
Experienced Management: BC's management team is considered experienced (3.3 years average tenure).
|CEO & Director||1.17yrs||US$5.84m||0.018% $525.3k|
|Independent Director||6.58yrs||US$277.44k||0.016% $469.4k|
|Independent Director||12.42yrs||US$293.76k||0.083% $2.4m|
|Non–Executive Chairman of the Board||1.17yrs||US$423.38k||0.017% $491.7k|
|Independent Director||1.67yrs||US$287.76k||0.000050% $1.4k|
|Independent Director||6.25yrs||US$380.95k||0.038% $1.1m|
|Independent Director||5yrs||US$266.54k||0.00015% $4.3k|
|Independent Director||7.42yrs||US$288.98k||0.000080% $2.3k|
|Independent Director||7.42yrs||US$329.73k||0.026% $731.0k|
|Independent Director||1.25yrs||US$242.10k||0.000050% $1.4k|
Experienced Board: BC's board of directors are considered experienced (5.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Brunswick Corporation's company bio, employee growth, exchange listings and data sources
- Name: Brunswick Corporation
- Ticker: BC
- Exchange: NYSE
- Founded: 1845
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: US$2.852b
- Shares outstanding: 79.36m
- Website: https://www.brunswick.com
Number of Employees
- Brunswick Corporation
- 26125 North Riverwoods Boulevard
- Suite 500
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BC||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|BWI||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
Brunswick Corporation designs, manufactures, and markets recreation products worldwide. The company offers marine engine products, including outboard, sterndrive, and inboard engine and propulsion systems; marine electronics and control integration systems, steering systems, instruments, controls, propellers, trolling motors, fuel systems, electrical systems, service parts, and lubricants; and integrated propulsion systems to the recreational and commercial marine markets, as well as parts and accessories. It provides its marine engine products for independent boat builders and governments through marine dealers and distributors, specialty marine retailers, and marine service centres under the Mercury, Mercury MerCruiser, Mercury Racing, and MotorGuide brands. The company also offers boats, such as fiberglass pleasure, sport cruisers, sport fishing and centre-console, offshore fishing, aluminium and fiberglass fishing, pontoon, utility, deck, inflatable, and heavy-gauge aluminium under the Bayliner, Heyday, Boston Whaler, Lund, Crestliner, Cypress Cay, Harris, Lowe, Princecraft, and Thunder Jet brands. It provides boats for commercial and government customers through dealers and distributors. Brunswick Corporation was founded in 1845 and is headquartered in Mettawa, Illinois.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 00:12|
|End of Day Share Price||2020/03/30 00:00|
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.