bechtle logo

Bechtle Q3 FY19

Market Info

Reported 11/13/19 Pre-market

11/13/19 price change: 4.44%

Ticker: ETR: BC8

Shares Outstanding: 42M

Market Cap: 4.927B

Income Statement

  • Q3 Net Sales up 20% YoY from €2.969B to €3.777B
    • IT System House & Managed Services sales up 8% from €2.048B to €2.434B
    • IT E-Commerce sales up 8% from €921M to €1.342B
  • Gross Profit up 35% YoY from €443.606M to €547.204M
    • Gross Profit Margin down 45bp from 93% to 14.48%
  • Operating Income up 3% YoY from €126.08M to €161.70M
  • Net Income up 2% YoY from €88.04M to €111.09M
  • Fully-diluted EPS up 7% YoY from €2.10 to €2.64

Balance Sheet

  • Cash €118.38M
  • Debt €393.46M
Bechtle AG
Jun-19 Mar-19 Dec-18 Sep-18 Jun-18 Mar-18
Valuation Ratios
Price / Earnings 27.8 24.07 20.78 29.28 22.64 23.54
Price / Book Value 4.64 3.79 3.23 4.42 3.49 3.44
Dividend Yield (%) 1.47 1.03 1.36 1.37
Enterprise Value / EBITDA 17.78 15.31 13.77 18.15 13.59 14.06
Enterprise Value / Sales 0.92 0.8 0.71 0.96 0.73 0.73

Source: Factset