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BVH

Bluegreen Vacations Holding NYSE:BVH Stock Report

Last Price

US$26.49

Market Cap

US$490.9m

7D

4.5%

1Y

51.0%

Updated

24 Jun, 2022

Data

Company Financials +
BVH fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance1/6
Financial Health3/6
Dividends2/6

BVH Stock Overview

Bluegreen Vacations Holding Corporation operates as a vacation ownership company.

Bluegreen Vacations Holding Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Bluegreen Vacations Holding
Historical stock prices
Current Share PriceUS$26.49
52 Week HighUS$36.10
52 Week LowUS$15.85
Beta1.78
1 Month Change1.61%
3 Month Change-13.49%
1 Year Change51.03%
3 Year Change7.90%
5 Year Change-19.48%
Change since IPO59.37%

Recent News & Updates

Jun 17
Does Bluegreen Vacations Holding (NYSE:BVH) Have A Healthy Balance Sheet?

Does Bluegreen Vacations Holding (NYSE:BVH) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

BVHUS HospitalityUS Market
7D4.5%4.6%6.6%
1Y51.0%-30.1%-18.5%

Return vs Industry: BVH exceeded the US Hospitality industry which returned -34.1% over the past year.

Return vs Market: BVH exceeded the US Market which returned -20.5% over the past year.

Price Volatility

Is BVH's price volatile compared to industry and market?
BVH volatility
BVH Average Weekly Movement7.3%
Hospitality Industry Average Movement9.2%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: BVH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: BVH's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19665,586Alan Levanhttps://www.bvhcorp.com

Bluegreen Vacations Holding Corporation operates as a vacation ownership company. It markets and sells vacation ownership interests (VOI); and manages resorts in leisure and urban destinations, including Orlando, Las Vegas, Myrtle Beach, Charleston and New Orleans, and others. The company also provides resort management, mortgage, title, reservation, and construction design and development services; and financing to qualified VOI purchasers, as well as management services to the vacation club and homeowners’ associations.

Bluegreen Vacations Holding Fundamentals Summary

How do Bluegreen Vacations Holding's earnings and revenue compare to its market cap?
BVH fundamental statistics
Market CapUS$490.94m
Earnings (TTM)US$70.84m
Revenue (TTM)US$812.35m

7.5x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BVH income statement (TTM)
RevenueUS$812.35m
Cost of RevenueUS$90.67m
Gross ProfitUS$721.69m
Other ExpensesUS$650.84m
EarningsUS$70.84m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.51
Gross Margin88.84%
Net Profit Margin8.72%
Debt/Equity Ratio209.5%

How did BVH perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

n/a

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is BVH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BVH?

Other financial metrics that can be useful for relative valuation.

BVH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.3x
Enterprise Value/EBITDA4.3x
PEG Ratio2.3x

Price to Earnings Ratio vs Peers

How does BVH's PE Ratio compare to its peers?

BVH PE Ratio vs Peers
The above table shows the PE ratio for BVH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average36.3x

Price-To-Earnings vs Peers: BVH is good value based on its Price-To-Earnings Ratio (7.5x) compared to the peer average (36.3x).


Price to Earnings Ratio vs Industry

How does BVH's PE Ratio compare vs other companies in the U.S. Hospitality Industry?

Price-To-Earnings vs Industry: BVH is good value based on its Price-To-Earnings Ratio (7.5x) compared to the US Hospitality industry average (17.3x)


Price to Earnings Ratio vs Fair Ratio

What is BVH's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BVH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.5x
Fair PE Ratio14.3x

Price-To-Earnings vs Fair Ratio: BVH is good value based on its Price-To-Earnings Ratio (7.5x) compared to the estimated Fair Price-To-Earnings Ratio (14.3x).


Share Price vs Fair Value

What is the Fair Price of BVH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BVH ($26.49) is trading below our estimate of fair value ($52.55)

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


Price to Earnings Growth Ratio

PEG Ratio: BVH is poor value based on its PEG Ratio (2.3x)


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Future Growth

How is Bluegreen Vacations Holding forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BVH's forecast earnings growth (3.3% per year) is above the savings rate (1.9%).

Earnings vs Market: BVH's earnings (3.3% per year) are forecast to grow slower than the US market (13.9% per year).

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

Revenue vs Market: BVH's revenue (3.7% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: BVH's revenue (3.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BVH's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Bluegreen Vacations Holding performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-27.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BVH has a large one-off loss of $79.5M impacting its March 31 2022 financial results.

Growing Profit Margin: BVH became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BVH's earnings have declined by 27% per year over the past 5 years.

Accelerating Growth: BVH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BVH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (119.6%).


Return on Equity

High ROE: Whilst BVH's Return on Equity (26.84%) is high, this metric is skewed due to their high level of debt.


Discover strong past performing companies

Financial Health

How is Bluegreen Vacations Holding's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BVH's short term assets ($1.0B) exceed its short term liabilities ($128.8M).

Long Term Liabilities: BVH's short term assets ($1.0B) exceed its long term liabilities ($811.2M).


Debt to Equity History and Analysis

Debt Level: BVH's net debt to equity ratio (153.3%) is considered high.

Reducing Debt: BVH's debt to equity ratio has increased from 128.4% to 209.5% over the past 5 years.

Debt Coverage: BVH's debt is not well covered by operating cash flow (14.1%).

Interest Coverage: BVH's interest payments on its debt are well covered by EBIT (6.9x coverage).


Balance Sheet


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Dividend

What is Bluegreen Vacations Holding current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.27%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BVH's dividend (2.27%) is higher than the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: BVH's dividend (2.27%) is low compared to the top 25% of dividend payers in the US market (4.34%).


Stability and Growth of Payments

Stable Dividend: BVH has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: BVH's dividend payments have increased, but the company has only paid a dividend for 6 years.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (15.1%), BVH's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

1.1yrs

Average management tenure


CEO

Alan Levan (76 yo)

5.33yrs

Tenure

US$6,902,389

Compensation

Mr. Alan B. Levan serves as Chief Executive Officer and Chairman at Bluegreen Vacations Holding Corporation since February 2017 and serves as its President since September 30, 2020. Mr. Levan serves as Cha...


CEO Compensation Analysis

Compensation vs Market: Alan's total compensation ($USD6.90M) is above average for companies of similar size in the US market ($USD2.71M).

Compensation vs Earnings: Alan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BVH's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: BVH's board of directors are considered experienced (3.5 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

Bluegreen Vacations Holding Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Bluegreen Vacations Holding Corporation
  • Ticker: BVH
  • Exchange: NYSE
  • Founded: 1966
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Implied Market Cap: US$490.942m
  • Shares outstanding: 20.18m
  • Website: https://www.bvhcorp.com

Number of Employees


Location

  • Bluegreen Vacations Holding Corporation
  • 4960 Conference Way North
  • Suite 100
  • Boca Raton
  • Florida
  • 33431
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.