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NV Bekaert SA
OTC:BEKAY

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NV Bekaert SA
OTC:BEKAY
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Price: 4.94 USD Market Closed
Market Cap: $2.6B

P/FCFE

12.1
Current
16%
More Expensive
vs 3-y average of 10.5

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
12.1
=
Market Cap
$2B
/
Free Cash Flow to Equity
€171.3m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
12.1
=
Market Cap
$2B
/
Free Cash Flow to Equity
€171.3m

Valuation Scenarios

NV Bekaert SA is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (10.5), the stock would be worth $4.27 (14% downside from current price).

Statistics
Positive Scenarios
2/3
Maximum Downside
-14%
Maximum Upside
+55%
Average Upside
28%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 12.1 $4.94
0%
3-Year Average 10.5 $4.27
-14%
Industry Average 17.3 $7.05
+43%
Country Average 18.8 $7.66
+55%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
BE
NV Bekaert SA
OTC:BEKAY
2.1B USD 12.1 30.8
ZA
Kumba Iron Ore Ltd
JSE:KIO
100.1B ZAR 6.4 6.9
BR
Vale SA
BOVESPA:VALE3
346.5B BRL 12.5 25.2
US
Nucor Corp
NYSE:NUE
51.7B USD -587.7 29.8
LU
ArcelorMittal SA
AEX:MT
37.5B EUR -351.7 15
AU
Fortescue Metals Group Ltd
ASX:FMG
61.6B AUD 10 11.2
AU
Fortescue Ltd
XMUN:FVJ
36.9B EUR 10.1 11.4
US
Steel Dynamics Inc
NASDAQ:STLD
33.2B USD 61.2 24.2
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 30.2 41.2
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 88.4 28.7
KR
Posco Holdings Inc
KRX:005490
34.9T KRW 434.1 53.1

Market Distribution

Lower than 97% of companies in Belgium
Percentile
3nd
Based on 286 companies
3nd percentile
1.4
Low
0.7 — 10
Typical Range
10 — 32.1
High
32.1 —
Distribution Statistics
Belgium
Min 0.7
30th Percentile 10
Median 18.8
70th Percentile 32.1
Max 1 165.6

NV Bekaert SA
Glance View

NV Bekaert SA, an emblem of industrial innovation, traces its roots back to 1880 when it began as a family wire shop in Belgium. Since those humble beginnings, Bekaert has metamorphosed into a global powerhouse in steel wire transformation and coatings. The company, still headquartered in Belgium, has grown into an international giant employing thousands, with operations extending to over 120 countries. The bedrock of Bekaert's operations lies in its ability to deliver advanced solutions that enhance the strength and durability of its clients’ products, positioning itself as an invaluable partner across an array of sectors such as automotive, construction, energy, and agriculture. The magic of Bekaert’s business model lies in its seamless integration of innovation with practical applications. By investing heavily in research and development, Bekaert consistently explores ways to extend the versatility and application of its core product—steel wire. Their expertise in producing advanced cords and wires plays a pivotal role in high-performance tires, where they strengthen rubber products for the automotive industry, significantly influencing tire durability and safety. Moreover, Bekaert's commitment to sustainable practices and efficiency improvements helps their clients reduce environmental impact, thereby adding intangible value that transcends traditional cost structures. Through these strategic initiatives, Bekaert has forged a robust revenue stream, underpinned by a dynamic blend of industrial tradition and cutting-edge technological prowess.

BEKAY Intrinsic Value
8.54 USD
Undervaluation 42%
Intrinsic Value
Price $4.94
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