Market Cap
US$3.9b
Last Updated
2021/04/12 23:14 UTC
Data Sources
Company Financials +
Executive Summary
Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the nutritional, food, pharmaceutical, animal health, medical device sterilization, plant nutrition, and industrial markets in the United States and internationally. More Details
Rewards
Risk Analysis
No risks detected for BCPC from our risk checks.
Snowflake Analysis
Flawless balance sheet with acceptable track record.
Similar Companies
Share Price & News
How has Balchem's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BCPC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BCPC's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-4.2%
BCPC
-0.4%
US Chemicals
0.9%
US Market
1 Year Return
23.7%
BCPC
60.7%
US Chemicals
57.9%
US Market
Return vs Industry: BCPC underperformed the US Chemicals industry which returned 60.7% over the past year.
Return vs Market: BCPC underperformed the US Market which returned 57.9% over the past year.
Shareholder returns
| BCPC | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.2% | -0.4% | 0.9% |
| 30 Day | -7.3% | 1.9% | 2.3% |
| 90 Day | -7.9% | 2.3% | 6.3% |
| 1 Year | 24.3%23.7% | 64.2%60.7% | 60.8%57.9% |
| 3 Year | 40.0%37.7% | 41.8%20.2% | 64.5%53.9% |
| 5 Year | 96.4%91.4% | 95.0%56.1% | 120.9%96.4% |
Long-Term Price Volatility Vs. Market
How volatile is Balchem's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 hours ago | Simply Wall St
Does Balchem's (NASDAQ:BCPC) Share Price Gain of 91% Match Its Business Performance?2 weeks ago | Simply Wall St
What Kind Of Shareholders Hold The Majority In Balchem Corporation's (NASDAQ:BCPC) Shares?4 weeks ago | Simply Wall St
Is Balchem (NASDAQ:BCPC) A Risky Investment?Valuation
Is Balchem undervalued compared to its fair value and its price relative to the market?
46.08x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BCPC ($121.19) is trading above our estimate of fair value ($60.85)
Significantly Below Fair Value: BCPC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BCPC is poor value based on its PE Ratio (46.1x) compared to the US Chemicals industry average (28.7x).
PE vs Market: BCPC is poor value based on its PE Ratio (46.1x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: BCPC is poor value based on its PEG Ratio (8.4x)
Price to Book Ratio
PB vs Industry: BCPC is overvalued based on its PB Ratio (4.7x) compared to the US Chemicals industry average (2.7x).
Future Growth
How is Balchem forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
5.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BCPC's forecast earnings growth (5.5% per year) is above the savings rate (2%).
Earnings vs Market: BCPC's earnings (5.5% per year) are forecast to grow slower than the US market (18.6% per year).
High Growth Earnings: BCPC's earnings are forecast to grow, but not significantly.
Revenue vs Market: BCPC's revenue (2.9% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: BCPC's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BCPC's Return on Equity is forecast to be low in 3 years time (10.4%).
Past Performance
How has Balchem performed over the past 5 years?
8.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BCPC has high quality earnings.
Growing Profit Margin: BCPC's current net profit margins (12%) are lower than last year (12.4%).
Past Earnings Growth Analysis
Earnings Trend: BCPC's earnings have grown by 8.3% per year over the past 5 years.
Accelerating Growth: BCPC's earnings growth over the past year (6.2%) is below its 5-year average (8.3% per year).
Earnings vs Industry: BCPC earnings growth over the past year (6.2%) exceeded the Chemicals industry 3.3%.
Return on Equity
High ROE: BCPC's Return on Equity (10.2%) is considered low.
Financial Health
How is Balchem's financial position?
Financial Position Analysis
Short Term Liabilities: BCPC's short term assets ($266.9M) exceed its short term liabilities ($94.4M).
Long Term Liabilities: BCPC's short term assets ($266.9M) exceed its long term liabilities ($243.2M).
Debt to Equity History and Analysis
Debt Level: BCPC's debt to equity ratio (20.3%) is considered satisfactory.
Reducing Debt: BCPC's debt to equity ratio has reduced from 64% to 20.3% over the past 5 years.
Debt Coverage: BCPC's debt is well covered by operating cash flow (89.3%).
Interest Coverage: BCPC's interest payments on its debt are well covered by EBIT (25.5x coverage).
Balance Sheet
Dividend
What is Balchem current dividend yield, its reliability and sustainability?
0.48%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BCPC's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: BCPC's dividend (0.48%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: BCPC is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: BCPC is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: BCPC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BCPC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.6yrs
Average management tenure
CEO
Ted Harris (55 yo)
6yrs
Tenure
US$3,808,410
Compensation
Mr. Theodore L. Harris, also known as Ted, has been the Chief Executive Officer and President at Balchem Corp. since April 28, 2015. He serves as an Independent Director of Pentair Plc since April 30, 2018...
CEO Compensation Analysis
Compensation vs Market: Ted's total compensation ($USD3.81M) is about average for companies of similar size in the US market ($USD5.10M).
Compensation vs Earnings: Ted's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BCPC's management team is considered experienced (3.6 years average tenure).
Board Members
Experienced Board: BCPC's board of directors are seasoned and experienced ( 10.6 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
Balchem Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Balchem Corporation
- Ticker: BCPC
- Exchange: NasdaqGS
- Founded: 1967
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$3.926b
- Shares outstanding: 32.39m
- Website: https://www.balchem.com
Number of Employees
Location
- Balchem Corporation
- 52 Sunrise Park Road
- New Hampton
- New York
- 10958
- United States
Listings
Biography
Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the nutritional, food, pharmaceutical, animal health, medical device sterilization, plant nutritio...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 23:14 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2020/12/31 |
| 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.