company background image
BC

BrunswickNYSE:BC Stock Report

Last Price

US$87.40

Market Cap

US$6.7b

7D

-7.0%

1Y

-5.7%

Updated

26 Jan, 2022

Data

Company Financials +
BC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends5/6

BC Stock Overview

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

Brunswick Competitors

Polaris

NYSE:PII

US$6.6b

Malibu Boats

NasdaqGM:MBUU

US$1.3b

Johnson Outdoors

NasdaqGS:JOUT

US$884.6m

MasterCraft Boat Holdings

NasdaqGM:MCFT

US$452.4m

Price History & Performance

Summary of all time highs, changes and price drops for Brunswick
Historical stock prices
Current Share PriceUS$87.40
52 Week HighUS$117.62
52 Week LowUS$79.55
Beta1.69
1 Month Change-9.78%
3 Month Change-3.34%
1 Year Change-5.72%
3 Year Change77.14%
5 Year Change46.01%
Change since IPO502.76%

Recent News & Updates

Jan 01
Is Brunswick (NYSE:BC) A Risky Investment?

Is Brunswick (NYSE:BC) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Dec 19

Brunswick Has 25%+ Upside If You Ride Out Choppy Waters

Brunswick Corp. has a history of double-digit annual EPS and fundamental growth. The current stock price does not fully reflect this impressive growth - which creates an investment opportunity. Current strategies will position the company well for the future. The company pays a well-covered dividend to create income for patient investors. At current pricing, there is upside for patient investors.

Oct 21
Estimating The Intrinsic Value Of Brunswick Corporation (NYSE:BC)

Estimating The Intrinsic Value Of Brunswick Corporation (NYSE:BC)

In this article we are going to estimate the intrinsic value of Brunswick Corporation ( NYSE:BC ) by estimating the...

Shareholder Returns

BCUS LeisureUS Market
7D-7.0%-6.8%-5.1%
1Y-5.7%-39.1%3.3%

Return vs Industry: BC exceeded the US Leisure industry which returned -37.4% over the past year.

Return vs Market: BC underperformed the US Market which returned 4.2% over the past year.

Price Volatility

Is BC's price volatile compared to industry and market?
BC volatility
BC Average Weekly Movement4.7%
Leisure Industry Average Movement6.7%
Market Average Movement6.7%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.4%

Stable Share Price: BC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
184514,382Dave Foulkeshttps://www.brunswick.com

Brunswick Corporation designs, manufactures, and markets recreation products worldwide. It operates through Propulsion; Parts & Accessories; and Boat segments. The Propulsion segment provides outboard, sterndrive, and inboard engines for independent boat builders and governments through marine dealers and distributors, specialty marine retailers, and marine service centers; and propulsion-related controls, rigging, and propellers to original equipment manufacturers and aftermarket retailers, distributors, and distribution businesses.

Brunswick Fundamentals Summary

How do Brunswick's earnings and revenue compare to its market cap?
BC fundamental statistics
Market CapUS$6.74b
Earnings (TTM)US$589.40m
Revenue (TTM)US$5.58b

11.4x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BC income statement (TTM)
RevenueUS$5.58b
Cost of RevenueUS$3.92b
Gross ProfitUS$1.66b
ExpensesUS$1.07b
EarningsUS$589.40m

Last Reported Earnings

Oct 02, 2021

Next Earnings Date

Jan 27, 2022

Earnings per share (EPS)7.65
Gross Margin29.68%
Net Profit Margin10.57%
Debt/Equity Ratio99.0%

How did BC perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

16%

Payout Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BC ($87.4) is trading below our estimate of fair value ($212.42)

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


Price To Earnings Ratio

PE vs Industry: BC is good value based on its PE Ratio (11.4x) compared to the US Leisure industry average (12.3x).

PE vs Market: BC is good value based on its PE Ratio (11.4x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: BC is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: BC is overvalued based on its PB Ratio (3.6x) compared to the US Leisure industry average (3.2x).


Future Growth

How is Brunswick forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

12.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BC's forecast earnings growth (12.2% per year) is above the savings rate (2%).

Earnings vs Market: BC's earnings (12.2% per year) are forecast to grow slower than the US market (13% per year).

High Growth Earnings: BC's earnings are forecast to grow, but not significantly.

Revenue vs Market: BC's revenue (9.1% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: BC's revenue (9.1% 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 very high in 3 years time (43.2%).


Past Performance

How has Brunswick performed over the past 5 years?

16.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BC has high quality earnings.

Growing Profit Margin: BC's current net profit margins (10.6%) are higher than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: BC's earnings have grown by 16.2% per year over the past 5 years.

Accelerating Growth: BC's earnings growth over the past year (66%) exceeds its 5-year average (16.2% per year).

Earnings vs Industry: BC earnings growth over the past year (66%) underperformed the Leisure industry 76%.


Return on Equity

High ROE: BC's Return on Equity (31.9%) is considered high.


Financial Health

How is Brunswick's financial position?


Financial Position Analysis

Short Term Liabilities: BC's short term assets ($2.9B) exceed its short term liabilities ($1.3B).

Long Term Liabilities: BC's short term assets ($2.9B) exceed its long term liabilities ($2.1B).


Debt to Equity History and Analysis

Debt Level: BC's net debt to equity ratio (18.6%) is considered satisfactory.

Reducing Debt: BC's debt to equity ratio has increased from 31.6% to 99% over the past 5 years.

Debt Coverage: BC's debt is well covered by operating cash flow (34%).

Interest Coverage: BC's interest payments on its debt are well covered by EBIT (13.8x coverage).


Balance Sheet


Dividend

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

1.53%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BC's dividend (1.53%) is higher than the bottom 25% of dividend payers in the US market (1.36%).

High Dividend: BC's dividend (1.53%) is low compared to the top 25% of dividend payers in the US market (3.57%).


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 low payout ratio (16%), BC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BC's dividends in 3 years are forecast to be thoroughly covered by earnings (12.4% payout ratio).


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Dave Foulkes (58 yo)

3yrs

Tenure

US$7,820,863

Compensation

Mr. David M. Foulkes, also known as Dave, is Chief Executive Officer at Brunswick Corp. He had been Chief Executive Officer and Director at Brunswick Corp. since January 01, 2019. Mr. Foulkes was Chief Tec...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD7.82M) is about average for companies of similar size in the US market ($USD6.49M).

Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: BC's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: BC's board of directors are considered experienced (7.5 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.


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 employee growth, exchange listings and data sources


Key Information

  • Name: Brunswick Corporation
  • Ticker: BC
  • Exchange: NYSE
  • Founded: 1845
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Implied Market Cap: US$6.738b
  • Shares outstanding: 77.10m
  • Website: https://www.brunswick.com

Number of Employees


Location

  • Brunswick Corporation
  • 26125 North Riverwoods Boulevard
  • Suite 500
  • Mettawa
  • Illinois
  • 60045-3420
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 00:53
End of Day Share Price2022/01/25 00:00
Earnings2021/10/02
Annual Earnings2020/12/31


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.