Financials BWX Technologies, Inc.

Equities

BWXT

US05605H1005

Aerospace & Defense

Market Closed - Nyse 04:00:02 2024-06-12 pm EDT 5-day change 1st Jan Change
89.51 USD +1.15% Intraday chart for BWX Technologies, Inc. -1.30% +16.66%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,913 5,745 4,415 5,298 7,022 8,182 - -
Enterprise Value (EV) 1 6,642 6,559 5,563 6,545 8,156 9,243 9,109 9,033
P/E ratio 24.3 x 20.7 x 14.8 x 22.3 x 28.6 x 28.4 x 26.1 x 22 x
Yield 1.1% 1.26% 1.75% 1.52% 1.2% 1.1% 1.18% 1.18%
Capitalization / Revenue 3.12 x 2.71 x 2.08 x 2.37 x 2.81 x 3.11 x 2.97 x 2.78 x
EV / Revenue 3.51 x 3.09 x 2.62 x 2.93 x 3.27 x 3.52 x 3.3 x 3.07 x
EV / EBITDA 16.9 x 15.4 x 13.3 x 14.9 x 17.3 x 18.3 x 16.6 x 14.7 x
EV / FCF 68.3 x -112 x 74.2 x 141 x 38.4 x 44.1 x 34.2 x 30.9 x
FCF Yield 1.46% -0.89% 1.35% 0.71% 2.6% 2.27% 2.93% 3.23%
Price to Book 14.6 x 9.3 x 6.87 x 7.08 x 7.52 x 7.45 x 6.9 x 6.22 x
Nbr of stocks (in thousands) 95,250 95,310 92,202 91,222 91,513 91,409 - -
Reference price 2 62.08 60.28 47.88 58.08 76.73 89.51 89.51 89.51
Announcement Date 2/24/20 2/22/21 2/22/22 2/23/23 2/27/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,895 2,124 2,124 2,233 2,496 2,629 2,760 2,942
EBITDA 1 393.2 427 418.1 439.4 471.9 505.4 547.4 613.5
EBIT 1 331.5 366.3 345.8 365.6 393.3 418.6 446.4 505.9
Operating Margin 17.49% 17.25% 16.28% 16.37% 15.76% 15.92% 16.18% 17.2%
Earnings before Tax (EBT) 1 313.7 362.2 395.7 314.4 321.4 378.4 411.4 493.8
Net income 1 244.1 278.7 305.9 238.2 245.8 289.5 313.1 375.6
Net margin 12.88% 13.12% 14.4% 10.67% 9.85% 11.01% 11.34% 12.77%
EPS 2 2.550 2.910 3.240 2.600 2.680 3.156 3.430 4.073
Free Cash Flow 1 97.24 -58.58 74.97 46.4 212.4 209.6 266.5 292
FCF margin 5.13% -2.76% 3.53% 2.08% 8.51% 7.97% 9.66% 9.92%
FCF Conversion (EBITDA) 24.73% - 17.93% 10.56% 45.01% 41.47% 48.69% 47.59%
FCF Conversion (Net income) 39.84% - 24.51% 19.48% 86.39% 72.41% 85.14% 77.72%
Dividend per Share 2 0.6800 0.7600 0.8400 0.8800 0.9200 0.9867 1.053 1.060
Announcement Date 2/24/20 2/22/21 2/22/22 2/23/23 2/27/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 592 531 554 523.7 624.2 568.4 612.4 590 725.5 604 638.1 634.8 752.3 627.5 670.9
EBITDA 1 123.2 94.4 114.7 100.1 130.1 110.7 107 106.5 147.6 115.2 120.2 121.4 144.9 119.9 131.3
EBIT 1 102.2 76.8 96.1 81.5 111.1 91.7 87.6 86.7 127.3 94.6 99.95 100.2 123.8 94.71 106.1
Operating Margin 17.27% 14.46% 17.35% 15.56% 17.8% 16.13% 14.3% 14.7% 17.55% 15.66% 15.66% 15.78% 16.45% 15.09% 15.82%
Earnings before Tax (EBT) 1 147.1 77.5 98.1 82 56.81 79.67 77.94 78.17 85.62 88.38 88.61 88.52 111.2 87.6 94.2
Net income 1 116.9 59 74.6 61.6 42.96 61.09 58.6 60.27 65.89 68.47 67.91 67.83 84.6 66.7 71.7
Net margin 19.74% 11.11% 13.47% 11.76% 6.88% 10.75% 9.57% 10.22% 9.08% 11.34% 10.64% 10.69% 11.24% 10.63% 10.69%
EPS 2 1.260 0.6400 0.8200 0.6700 0.4700 0.6700 0.6400 0.6600 0.7200 0.7500 0.7400 0.7375 0.9225 0.7500 0.8000
Dividend per Share 2 0.2100 0.2200 0.2200 0.2200 0.2200 0.2300 0.2300 - 0.2300 - 0.2400 0.2400 0.2400 0.2550 0.2550
Announcement Date 2/22/22 5/9/22 8/8/22 11/7/22 2/23/23 5/8/23 8/3/23 11/1/23 2/27/24 5/6/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 729 813 1,149 1,247 1,134 1,061 927 851
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.853 x 1.905 x 2.747 x 2.838 x 2.403 x 2.1 x 1.693 x 1.387 x
Free Cash Flow 1 97.2 -58.6 75 46.4 212 210 267 292
ROE (net income / shareholders' equity) 76.3% 56.7% 48.7% 34.4% 29.2% 29% 27.4% 28.4%
ROA (Net income/ Total Assets) 13.7% 13.8% - - 9.16% 10.8% 10.9% 11.7%
Assets 1 1,782 2,021 - - 2,683 2,669 2,867 3,209
Book Value Per Share 2 4.240 6.480 6.970 8.200 10.20 12.00 13.00 14.40
Cash Flow per Share 2 2.920 2.050 4.080 2.670 3.960 4.080 4.520 5.110
Capex 1 182 255 311 198 151 141 143 150
Capex / Sales 9.61% 12.01% 14.64% 8.88% 6.06% 5.35% 5.18% 5.1%
Announcement Date 2/24/20 2/22/21 2/22/22 2/23/23 2/27/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
89.51 USD
Average target price
108.7 USD
Spread / Average Target
+21.45%
Consensus
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