NYSE:BC

Stock Analysis Report

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Executive Summary

Brunswick Corporation designs, manufactures, and markets recreation products worldwide. More Details


Snowflake Analysis

Reasonable growth potential average dividend payer.


Similar Companies

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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.6%

BC

-3.7%

US Leisure

-4.1%

US Market


1 Year Return

8.2%

BC

68.8%

US Leisure

12.0%

US Market

Return vs Industry: BC underperformed the US Leisure industry which returned 68.8% over the past year.

Return vs Market: BC underperformed the US Market which returned 12% over the past year.


Shareholder returns

BCIndustryMarket
7 Day1.6%-3.7%-4.1%
30 Day8.0%9.4%-0.2%
90 Day-5.0%24.9%2.8%
1 Year10.0%8.2%72.1%68.8%14.6%12.0%
3 Year29.3%23.4%9.6%3.4%35.8%26.8%
5 Year24.4%15.8%4.2%-6.0%75.2%55.6%

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

Valuation

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

26.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BC ($63.62) is trading below our estimate of fair value ($86.76)

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


Price To Earnings Ratio

PE vs Industry: BC is unprofitable, so we can't compare its PE Ratio to the US Leisure industry average.

PE vs Market: BC is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BC is good value based on its PB Ratio (3.7x) compared to the US Leisure industry average (4.1x).


Next Steps

Future Growth

How is Brunswick forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

47.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: BC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BC's is expected to become profitable in the next 3 years.

Revenue vs Market: BC's revenue (8.3% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: BC's revenue (8.3% per year) is forecast to grow slower than 20% 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 (28.2%)


Next Steps

Past Performance

How has Brunswick performed over the past 5 years?

-23.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BC is currently unprofitable.

Growing Profit Margin: BC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BC is unprofitable, and losses have increased over the past 5 years at a rate of 23% per year.

Accelerating Growth: Unable to compare BC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BC is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (2.4%).


Return on Equity

High ROE: BC has a negative Return on Equity (-1.17%), as it is currently unprofitable.


Next Steps

Financial Health

How is Brunswick's financial position?


Financial Position Analysis

Short Term Liabilities: BC's short term assets ($1.7B) exceed its short term liabilities ($1.1B).

Long Term Liabilities: BC's short term assets ($1.7B) exceed its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: BC's debt to equity ratio (92.9%) is considered high.

Reducing Debt: BC's debt to equity ratio has increased from 35.9% to 92.9% over the past 5 years.

Debt Coverage: BC's debt is well covered by operating cash flow (40.4%).

Interest Coverage: BC is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Brunswick current dividend yield, its reliability and sustainability?

1.70%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: BC's dividend (1.7%) is higher than the bottom 25% of dividend payers in the US market (1.69%).

High Dividend: BC's dividend (1.7%) is low compared to the top 25% of dividend payers in the US market (4.78%).


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: BC is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: BC's dividends in 3 years are forecast to be well covered by earnings (18.5% payout ratio).


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Dave Foulkes (58 yo)

1.75yrs

Tenure

US$5,840,775

Compensation

Mr. David M. Foulkes, also known as Dave, 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 ...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD5.84M) is about average for companies of similar size in the US market ($USD7.41M).

Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
David Foulkes
CEO & Director1.75yrsUS$5.84m0.018%
$ 929.7k
Christopher Dekker
VP, General Counsel & Secretary6yrsUS$1.43m0.049%
$ 2.5m
Christopher Drees
VP & President of Mercury Marine1.75yrsUS$1.41m0.0066%
$ 331.4k
Ryan Gwillim
Senior VP & Chief Financial Officer0.33yrno data0.013%
$ 638.6k
Michael Adams
VP & Chief Information Officerno datano datano data
Brent Dahl
Vice President of Investor Relationsno datano datano data
Daniel Kubera
Director of Media Relations & Corporate Communicationsno datano datano data
Lee Gordon
Vice President of Global Communications & Public Relationsno datano datano data
Brenna Preisser
President of Business Acceleration and Chief People & Strategy Officer4.58yrsno data0.039%
$ 1.9m
Jeffry Behan
VP of Corporate Strategy & President of Aluminum Commercial Operations1yrno datano data
Alexander Marchetti
Senior Director of Special Finance Projects & Finance Modernizationno datano datano data
Jeffrey Kinsey
President of Freshwater Boatsno datano datano data

1.8yrs

Average Tenure

51yo

Average Age

Experienced Management: BC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
David Foulkes
CEO & Director1.75yrsUS$5.84m0.018%
$ 929.7k
Nancy Cooper
Independent Director7.17yrsUS$277.44k0.018%
$ 888.4k
J. Whisler
Independent Director13yrsUS$293.76k0.087%
$ 4.4m
Manuel Fernandez
Independent Non–Executive Chairman of the Board1.75yrsUS$423.38k0.017%
$ 870.3k
Joseph McClanathan
Independent Director2.25yrsUS$287.76k0.000050%
$ 2.5k
David Singer
Independent Director6.83yrsUS$380.95k0.041%
$ 2.1m
Jane Warner
Independent Director5.58yrsUS$266.54k0.00015%
$ 7.6k
Roger Wood
Independent Director8.08yrsUS$288.98k0.000080%
$ 4.0k
David Everitt
Independent Director8.08yrsUS$329.73k0.027%
$ 1.4m
Reginald Fils-Aime
Directorno datano datano data
Lauren Flaherty
Independent Director1.83yrsUS$242.10k0.000050%
$ 2.5k

6.2yrs

Average Tenure

65yo

Average Age

Experienced Board: BC's board of directors are considered experienced (6.2 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: BC 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

Brunswick Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Brunswick Corporation
  • Ticker: BC
  • Exchange: NYSE
  • Founded: 1845
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: US$5.036b
  • Shares outstanding: 79.16m
  • Website: https://www.brunswick.com

Number of Employees


Location

  • Brunswick Corporation
  • 26125 North Riverwoods Boulevard
  • Suite 500
  • Mettawa
  • Illinois
  • 60045
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1968
BWIDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968

Biography

Brunswick Corporation designs, manufactures, and markets recreation products worldwide. The company offers marine engine products, including outboard, sterndrive, and inboard engine and propulsion systems; ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 04:09
End of Day Share Price2020/10/29 00:00
Earnings2020/06/27
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.