Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores.
Bed Bath & Beyond Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$23.77|
|52 Week High||US$14.17|
|52 Week Low||US$53.90|
|1 Month Change||-16.10%|
|3 Month Change||-20.53%|
|1 Year Change||59.75%|
|3 Year Change||61.15%|
|5 Year Change||-44.71%|
|Change since IPO||2,137.18%|
Recent News & Updates
Bed Bath & Beyond: Deeply Undervalued (If Transformation Is Successful)
Although Bed Bath & Beyond was able to grow revenue in the first quarter of fiscal 2021, the company was still not profitable. Bed Bath & Beyond has announced a three-year strategic plan focusing on digital transformation, store fleet optimization or BBB-owned brands. Management continues to focus on share buybacks and considering that BBBY is most likely undervalued, this is a smart move.
Estimating The Fair Value Of Bed Bath & Beyond Inc. (NASDAQ:BBBY)
Today we will run through one way of estimating the intrinsic value of Bed Bath & Beyond Inc. ( NASDAQ:BBBY ) by...
Bed Bath & Beyond Stock: Better Than You Think And Less Than 4x EBITDA
Bed Bath & Beyond is modernizing its operations, with its increasingly digital-facing revenues. I highlight how from 2021 through 2023, Bed Bath is buying back 23% of its market cap. This stock trades for just 4x EBITDA, with low leverage.
|BBBY||US Specialty Retail||US Market|
Return vs Industry: BBBY exceeded the US Specialty Retail industry which returned 56.6% over the past year.
Return vs Market: BBBY exceeded the US Market which returned 35.3% over the past year.
Stable Share Price: BBBY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BBBY's weekly volatility has decreased from 16% to 7% over the past year.
About the Company
Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It operates through two segments, North American Retail and Institutional Sales. The company sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products.
Bed Bath & Beyond Fundamentals Summary
|BBBY fundamental statistics|
Is BBBY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BBBY income statement (TTM)|
|Cost of Revenue||US$6.26b|
Last Reported Earnings
May 29, 2021
Next Earnings Date
Sep 30, 2021
|Earnings per share (EPS)||0.97|
|Net Profit Margin||1.02%|
How did BBBY perform over the long term?See historical performance and comparison
Is Bed Bath & Beyond undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BBBY ($22.95) is trading below our estimate of fair value ($28.76)
Significantly Below Fair Value: BBBY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BBBY is poor value based on its PE Ratio (23.7x) compared to the US Specialty Retail industry average (10.3x).
PE vs Market: BBBY is poor value based on its PE Ratio (23.7x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: BBBY is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: BBBY is good value based on its PB Ratio (2.2x) compared to the US Specialty Retail industry average (3x).
How is Bed Bath & Beyond forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BBBY's forecast earnings growth (23.5% per year) is above the savings rate (2%).
Earnings vs Market: BBBY's earnings (23.5% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BBBY's revenue (1.1% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: BBBY's revenue (1.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BBBY's Return on Equity is forecast to be high in 3 years time (24.9%)
How has Bed Bath & Beyond performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BBBY has a large one-off loss of $319.7M impacting its May 29 2021 financial results.
Growing Profit Margin: BBBY became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BBBY's earnings have declined by 56.7% per year over the past 5 years.
Accelerating Growth: BBBY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BBBY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (158.2%).
Return on Equity
High ROE: BBBY's Return on Equity (9.1%) is considered low.
How is Bed Bath & Beyond's financial position?
Financial Position Analysis
Short Term Liabilities: BBBY's short term assets ($3.2B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: BBBY's short term assets ($3.2B) exceed its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: BBBY's debt to equity ratio (106.8%) is considered high.
Reducing Debt: BBBY's debt to equity ratio has increased from 54.6% to 106.8% over the past 5 years.
Debt Coverage: BBBY's debt is well covered by operating cash flow (53.6%).
Interest Coverage: BBBY's interest payments on its debt are well covered by EBIT (6x coverage).
What is Bed Bath & Beyond current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BBBY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BBBY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BBBY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BBBY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BBBY is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BBBY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Tritton (58 yo)
Mr. Mark J. Tritton has been President, Chief Executive Officer and Director of Bed Bath & Beyond Inc. since November 4, 2019. He is an Independent Director of Nordstrom, Inc. since March 30, 2020. He was...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD12.93M) is above average for companies of similar size in the US market ($USD3.68M).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
Experienced Management: BBBY's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: BBBY's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BBBY insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bed Bath & Beyond Inc.'s employee growth, exchange listings and data sources
- Name: Bed Bath & Beyond Inc.
- Ticker: BBBY
- Exchange: NasdaqGS
- Founded: 1971
- Industry: Homefurnishing Retail
- Sector: Retail
- Market Cap: US$2.384b
- Shares outstanding: 103.89m
- Website: https://www.bedbathandbeyond.com
Number of Employees
- Bed Bath & Beyond Inc.
- 650 Liberty Avenue
- New Jersey
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 22:03|
|End of Day Share Price||2021/09/27 00:00|
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.