Badger Meter
Market Cap
US$1.6b
Last Updated
2019/09/20 00:10 UTC
Data Sources
Company Financials +
Executive Summary
Badger Meter, Inc. provides flow measurement, control, and communication solutions worldwide.
Snowflake
Fundamentals
Flawless balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Badger Meter's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.0%
BMI
-1.3%
US Electronic
-0.2%
US Market
1 Year Return
0.7%
BMI
-1.9%
US Electronic
1.1%
US Market
BMI outperformed the Electronic industry which returned -0.6% over the past year.
BMI matched the United States of America Market (1.6%) over the past year.
Share holder returns
| BMI | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.0% | -1.3% | -0.2% |
| 30 Day | 6.2% | 6.3% | 2.5% |
| 90 Day | -5.8% | 1.2% | 1.6% |
| 1 Year | 1.8%0.7% | -0.9%-1.9% | 3.4%1.1% |
| 3 Year | 67.7%61.9% | 50.8%46.6% | 45.2%35.8% |
| 5 Year | 128.3%115.0% | 71.6%63.0% | 62.6%44.8% |
Price Volatility Vs. Market
How volatile is Badger Meter's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Is Badger Meter, Inc.’s (NYSE:BMI) 14% Return On Capital Employed Good News?2 weeks ago | Simply Wall St
Should You Consider Badger Meter, Inc. (NYSE:BMI)?3 weeks ago | Simply Wall St
Badger Meter, Inc. (NYSE:BMI)'s Could Be A Buy For Its Upcoming DividendValuation
Is Badger Meter undervalued based on future cash flows and its price relative to the stock market?
43.7x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Badger Meter's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Badger Meter's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Badger Meter is overvalued based on earnings compared to the US Electronic industry average.
Badger Meter is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
Badger Meter is poor value based on expected growth next year.
Price Based on Value of Assets
Badger Meter is overvalued based on assets compared to the US Electronic industry average.
Next Steps
Future Growth
How is Badger Meter expected to perform in the next 1 to 3 years based on estimates from 6 analysts?
11.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Badger Meter's revenue is expected to grow by 3.9% yearly, however this is not considered high growth (20% yearly).
Badger Meter's earnings are expected to grow by 11.7% yearly, however this is not considered high growth (20% yearly).
Badger Meter's revenue growth is positive but not above the United States of America market average.
Badger Meter's earnings growth is positive but not above the United States of America market average.
Badger Meter's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Badger Meter is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Badger Meter performed over the past 5 years?
2.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Badger Meter's year on year earnings growth rate has been positive over the past 5 years.
Badger Meter's 1-year earnings growth exceeds its 5-year average (25.5% vs 2.1%)
Badger Meter's earnings growth has not exceeded the US Electronic industry average in the past year (25.5% vs 49.8%).
Return on Equity
Badger Meter has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Badger Meter used its assets more efficiently than the US Electronic industry average last year based on Return on Assets.
Return on Capital Employed
Badger Meter's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Badger Meter's financial position?
Financial Position Analysis
Badger Meter is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Badger Meter's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Badger Meter's level of debt (1.4%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (33.2% vs 1.4% today).
Debt is well covered by operating cash flow (1667.9%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 71.4x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 38.5x debt.
Next Steps
Dividend
What is Badger Meter's current dividend yield, its reliability and sustainability?
1.19%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Badger Meter's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
Badger Meter's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).
Dividends per share have been stable in the past 10 years.
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2.1x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (2.9x coverage).
Next Steps
Management
What is the CEO of Badger Meter's salary, the management and board of directors tenure and is there insider trading?
0.9yrs
Average management tenure
CEO
Ken Bockhorst (46yo)
0.7yrs
Tenure
US$1,271,651
Compensation
Mr. Kenneth C. Bockhorst, also known as Ken, is CEO at Badger Meter, Inc. since January 1, 2019 and has been its President since April 27, 2018 and serves as its Director. He served as Senior Vice Presiden ...
CEO Compensation Analysis
Ken's remuneration is lower than average for companies of similar size in United States of America.
Ken's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
0.9yrs
Average Tenure
53yo
Average Age
The average tenure for the Badger Meter management team is less than 2 years, this suggests a new team.
Board Age and Tenure
2.7yrs
Average Tenure
57yo
Average Age
The average tenure for the Badger Meter board of directors is less than 3 years, this suggests a new board.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board Chairman |
| Shares | 8,571.22 |
| Max Price | US$56.85 |
| Entity | Individual |
| Shares | 11,112 |
| Max Price | US$55.00 |
| Entity | Individual |
| Shares | 842 |
| Max Price | US$58.45 |
| Entity | Individual |
| Shares | 1,178 |
| Max Price | US$58.45 |
| Entity | Individual |
| Role | Chief Legal Officer VP, General Counsel & Secretary |
| Shares | 842 |
| Max Price | US$58.45 |
| Entity | Individual |
| Shares | 842 |
| Max Price | US$58.45 |
| Entity | Individual |
| Role | Chairman of the Board Chairman |
| Shares | 10,000 |
| Max Price | US$59.16 |
| Entity | Individual |
| Shares | 5,854 |
| Max Price | US$59.15 |
| Entity | Individual |
| Role | Chief Accounting Officer Vice President of Accounting & External Reporting |
| Shares | 4,000 |
| Max Price | US$54.53 |
| Entity | Individual |
| Shares | 19,000 |
| Max Price | US$50.43 |
| Entity | Individual |
| Role | Chairman of the Board Chairman |
| Shares | 22,430 |
| Max Price | US$50.01 |
Ownership Breakdown
Management Team
Beverly L. Smiley (69yo)
Vice President of Accounting & External Reporting
- Tenure: 0yrs
- Compensation: US$751.93k
Bill Bergum (54yo)
VP, General Counsel & Secretary
- Tenure: 16yrs
Karen Bauer
VP of Investor Relations
- Tenure: 1.2yrs
Kimberly Stoll (53yo)
Vice President of Sales & Marketing
- Tenure: 7.6yrs
- Compensation: US$358.77k
Ken Bockhorst (46yo)
President
- Tenure: 0.7yrs
- Compensation: US$1.27m
Trina Jashinsky (56yo)
Vice President of Human Resources
- Tenure: 2.9yrs
Bob Wrocklage (40yo)
VP of Finance & CFO
- Tenure: 0.7yrs
Daniel Weltzien (40yo)
VP & Controller
- Tenure: 0.5yrs
William Parisen
Vice President of Global Operations
- Tenure: 0.3yrs
Board Members
Rich Meeusen (64yo)
Chairman
- Tenure: 15.4yrs
- Compensation: US$5.30m
Todd Teske (54yo)
Lead Outside Director
- Tenure: 2.4yrs
- Compensation: US$129.76k
Gail Lione (70yo)
Independent Director
- Tenure: 7.6yrs
- Compensation: US$120.76k
Glen Tellock (58yo)
Independent Director
- Tenure: 2.6yrs
- Compensation: US$118.36k
Gale Klappa (68yo)
Independent Director
- Tenure: 9.6yrs
- Compensation: US$125.76k
Tom Fischer (72yo)
Independent Director
- Tenure: 16.7yrs
- Compensation: US$129.76k
Todd Adams (48yo)
Independent Director
- Tenure: 2.6yrs
- Compensation: US$117.16k
Jim Stern (56yo)
Independent Director
- Tenure: 2.8yrs
- Compensation: US$120.86k
Ken Bockhorst (46yo)
President
- Tenure: 0.7yrs
- Compensation: US$1.27m
Tessa Myers (43yo)
Director
- Tenure: 0.6yrs
Company Information
Badger Meter, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Badger Meter, Inc.
- Ticker: BMI
- Exchange: NYSE
- Founded: 1905
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: US$1.590b
- Shares outstanding: 29.11m
- Website: https://www.badgermeter.com
Number of Employees
Location
- Badger Meter, Inc.
- 4545 West Brown Deer Road
- PO Box 245036
- Milwaukee
- Wisconsin
- 53224
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BMI | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Oct 1971 |
| 33B | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Oct 1971 |
Biography
Badger Meter, Inc. provides flow measurement, control, and communication solutions worldwide. It offers mechanical or static water meters, and related radio and software technologies and services to munici ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/20 00:10 |
| End of Day Share Price | 2019/09/19 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.