Bodycote plc

$ 711.50 -1.04 %

Bodycote plc, established in 1923 and based in Macclesfield, United Kingdom, offers specialized heat treatment and thermal processing solutions globally. The company operates within two key divisions: Aerospace, Defence & Energy, and Automotive & General Industrial, serving diverse sectors including automotive, aerospace and defense, energy, and broader industrial markets. A primary service involves heat treatment, which strategically alters the microstructure of metals and alloys like steel and aluminum to impart crucial properties such as increased surface hardness, enhanced temperature resistance, improved ductility, and greater strength. Bodycote also excels in various metal joining techniques, encompassing electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and both vacuum and honeycomb brazing. Their advanced capabilities extend to hot isostatic pressing (HIP) services, which include standard isostatic pressing and related support, as well as their proprietary Powdermet technology for manufacturing intricate components through powder metallurgy. Furthermore, Bodycote provides a comprehensive suite of surface technologies engineered to prolong component lifespan and shield them from environmental factors like corrosion and abrasion. These sophisticated surface treatments range from anodizing and ceramic coatings to various thermal spraying methods (flame, combustion, high velocity oxygen fuel, plasma, electric arc), aluminide coatings, liquid coatings, and thermo-chemically formed ceramic coatings, all designed to boost wear resistance and corrosion protection.

CEO: James Bennett Fairbairn - https://www.bodycote.com

Price objectif

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Recommandation

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DCF

$ 539.48

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BOY.L vs S&P500

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Quick ratio

1.00

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

22.95

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.31

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

8.58 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

8.12 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

9.66

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.30

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

0.37

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

74.50 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
7 indicates good financial health
Altman score
4.18 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
0.14 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.18 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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