| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
BKR Overview
Baker Hughes Company provides a portfolio of technologies and services worldwide.
Baker Hughes Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$24.39 |
| 52 Week High | US$12.13 |
| 52 Week Low | US$26.57 |
| Beta | 1.73 |
| 1 Month Change | 14.03% |
| 3 Month Change | 7.59% |
| 1 Year Change | 60.57% |
| 3 Year Change | -24.86% |
| 5 Year Change | -51.37% |
| Change since IPO | -5.74% |
Recent News & Updates
Baker Hughes (NYSE:BKR) Has Re-Affirmed Its Dividend Of US$0.18
Baker Hughes Company's ( NYSE:BKR ) investors are due to receive a payment of US$0.18 per share on 20th of August...
Baker Hughes: The Excitement Is Gone
Revenues were $5.142 million this quarter, up 8.6% from the same quarter a year ago and up 7.5% quarter over quarter. Revenues are still improving but at a slower pace. As of Jun 30, 2021, the company had cash and cash equivalents of $3.913 million, down from $4.382 million in the first quarter. I recommend accumulating BKR below $19.
Does Baker Hughes (NYSE:BKR) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Estimating The Intrinsic Value Of Baker Hughes Company (NYSE:BKR)
Today we will run through one way of estimating the intrinsic value of Baker Hughes Company ( NYSE:BKR ) by taking the...
Shareholder Returns
| BKR | US Energy Services | US Market | |
|---|---|---|---|
| 7D | 3.7% | 5.7% | -0.6% |
| 1Y | 60.6% | 52.4% | 33.6% |
Return vs Industry: BKR exceeded the US Energy Services industry which returned 55.1% over the past year.
Return vs Market: BKR exceeded the US Market which returned 33.7% over the past year.
Price Volatility
| BKR volatility | |
|---|---|
| BKR Beta | 1.73 |
| Industry Beta | 2.41 |
| Market Beta | 1 |
Stable Share Price: BKR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BKR's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 54,000 | Lorenzo Simonelli | https://www.bakerhughes.com |
Baker Hughes Company provides a portfolio of technologies and services worldwide. The company operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). The OFS segment offers exploration, drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, completions tools and systems, wellbore intervention tools and services, artificial lift systems, pressure pumping systems, and oilfield and industrial chemicals for oil and natural gas, and oilfield service companies.
Baker Hughes Fundamentals Summary
| BKR fundamental statistics | |
|---|---|
| Market Cap | US$25.59b |
| Earnings (TTM) | -US$38.00m |
| Revenue (TTM) | US$20.47b |
1.2x
P/S Ratio-669.1x
P/E RatioIs BKR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BKR income statement (TTM) | |
|---|---|
| Revenue | US$20.47b |
| Cost of Revenue | US$16.80b |
| Gross Profit | US$3.67b |
| Expenses | US$3.71b |
| Earnings | -US$38.00m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.052 |
| Gross Margin | 17.93% |
| Net Profit Margin | -0.19% |
| Debt/Equity Ratio | 38.9% |
How did BKR perform over the long term?
See historical performance and comparisonDividends
3.0%
Current Dividend Yield-1,392%
Payout RatioValuation
Is Baker Hughes undervalued compared to its fair value and its price relative to the market?
11.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BKR ($24.39) is trading below our estimate of fair value ($27.56)
Significantly Below Fair Value: BKR is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BKR is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.
PE vs Market: BKR 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 BKR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BKR is overvalued based on its PB Ratio (1.8x) compared to the US Energy Services industry average (1x).
Future Growth
How is Baker Hughes forecast to perform in the next 1 to 3 years based on estimates from 25 analysts?
57.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BKR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: BKR is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BKR's is expected to become profitable in the next 3 years.
Revenue vs Market: BKR's revenue (7% per year) is forecast to grow slower than the US market (9.7% per year).
High Growth Revenue: BKR's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BKR's Return on Equity is forecast to be low in 3 years time (12.5%).
Past Performance
How has Baker Hughes performed over the past 5 years?
-70.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKR is currently unprofitable.
Growing Profit Margin: BKR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BKR is unprofitable, and losses have increased over the past 5 years at a rate of 70% per year.
Accelerating Growth: Unable to compare BKR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BKR is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-49.7%).
Return on Equity
High ROE: BKR has a negative Return on Equity (-0.005%), as it is currently unprofitable.
Financial Health
How is Baker Hughes's financial position?
Financial Position Analysis
Short Term Liabilities: BKR's short term assets ($15.5B) exceed its short term liabilities ($9.8B).
Long Term Liabilities: BKR's short term assets ($15.5B) exceed its long term liabilities ($9.5B).
Debt to Equity History and Analysis
Debt Level: BKR's debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: BKR's debt to equity ratio has increased from 2.7% to 38.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BKR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BKR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.1% per year.
Dividend
What is Baker Hughes's current dividend yield, its reliability and sustainability?
2.95%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BKR's dividend (2.95%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: BKR's dividend (2.95%) is low compared to the top 25% of dividend payers in the US market (3.58%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, BKR has been paying a dividend for less than 10 years.
Growing Dividend: BKR's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: BKR is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: BKR's dividends in 3 years are forecast to be well covered by earnings (38.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average management tenure
CEO
Lorenzo Simonelli (48 yo)
4.17yrs
Tenure
US$15,313,021
Compensation
Mr. Lorenzo Simonelli has been the Chief Executive Officer and Director of Baker Hughes Company (formerly known as Baker Hughes, a GE company) since July 2017 and has been its Chairman of the Board since O...
CEO Compensation Analysis
Compensation vs Market: Lorenzo's total compensation ($USD15.31M) is above average for companies of similar size in the US market ($USD11.33M).
Compensation vs Earnings: Lorenzo's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: BKR's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
Experienced Board: BKR's board of directors are considered experienced (3.9 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Baker Hughes Company's employee growth, exchange listings and data sources
Key Information
- Name: Baker Hughes Company
- Ticker: BKR
- Exchange: NYSE
- Founded: NaN
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: US$25.585b
- Market Cap: US$20.207b
- Shares outstanding: 1.04b
- Website: https://www.bakerhughes.com
Number of Employees
Location
- Baker Hughes Company
- 17021 Aldine Westfield Road
- Houston
- Texas
- 77073-5101
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/16 22:57 |
| End of Day Share Price | 2021/09/16 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.