BARRETT BUSINESS SERVICES, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 121.8 USD | -1.09% |
|
-0.47% | +5.16% |
| Apr. 10 | Barrett Business Services Discloses Plans for 4-for-1 Stock Split | MT |
| Apr. 01 | Barrett Business Services Enters Strategic Partnership with Kaiser Permanente | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 677.9 | 521.6 | 518.3 | 649.4 | 766.2 | 795.9 | - |
| Enterprise Value (EV) 1 | 633.6 | 521.6 | 518.3 | 489.7 | 695 | 795.9 | 795.9 |
| P/E ratio | 14.4 x | 15.5 x | 13.8 x | 14.3 x | 15.7 x | 15.9 x | 14.2 x |
| Yield | 1.22% | 1.76% | 1.74% | 1.29% | 1.04% | 0.99% | 0.99% |
| Capitalization / Revenue | 0.72 x | 0.59 x | 0.54 x | 0.62 x | 0.72 x | 0.69 x | 0.64 x |
| EV / Revenue | 0.72 x | 0.59 x | 0.54 x | 0.62 x | 0.72 x | 0.69 x | 0.64 x |
| EV / EBITDA | 12.5 x | 12.7 x | 10.5 x | 9.96 x | 11.3 x | 11.6 x | 10.4 x |
| EV / FCF | 10.2 x | -14.3 x | -23.3 x | 55 x | 13.8 x | 12.6 x | 13.4 x |
| FCF Yield | 9.79% | -7% | -4.29% | 1.82% | 7.23% | 7.94% | 7.44% |
| Price to Book | 4.05 x | 2.6 x | 2.46 x | 3.6 x | 3.82 x | 3.34 x | 2.61 x |
| Nbr of stocks (in thousands) | 7,494 | 7,646 | 7,505 | 6,962 | 6,617 | 6,536 | - |
| Reference price 2 | 90.46 | 68.21 | 69.06 | 93.28 | 115.8 | 121.8 | 121.8 |
| Announcement Date | 2/25/20 | 3/3/21 | 3/2/22 | 3/1/23 | 2/28/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 942.3 | 880.8 | 955.2 | 1,054 | 1,069 | 1,158 | 1,237 |
| EBITDA 1 | 54.37 | 40.99 | 49.25 | 65.2 | 67.76 | 68.38 | 76.4 |
| EBIT 1 | 50.49 | 36.15 | 43.92 | 58.98 | 60.65 | 60.78 | 68.06 |
| Operating Margin | 5.36% | 4.1% | 4.6% | 5.59% | 5.67% | 5.25% | 5.5% |
| Earnings before Tax (EBT) 1 | 61.14 | 42.6 | 50.66 | 65.3 | 68.99 | 69.79 | 76.24 |
| Net income 1 | 48.29 | 33.76 | 38.08 | 47.27 | 50.61 | 50.95 | 56.04 |
| Net margin | 5.12% | 3.83% | 3.99% | 4.48% | 4.73% | 4.4% | 4.53% |
| EPS 2 | 6.270 | 4.390 | 5.000 | 6.540 | 7.390 | 7.655 | 8.587 |
| Free Cash Flow 1 | 66.34 | -36.52 | -22.26 | 11.8 | 55.4 | 63.18 | 59.21 |
| FCF margin | 7.04% | -4.15% | -2.33% | 1.12% | 5.18% | 5.45% | 4.79% |
| FCF Conversion (EBITDA) | 122.01% | - | - | 18.1% | 81.75% | 92.39% | 77.5% |
| FCF Conversion (Net income) | 137.37% | - | - | 24.97% | 109.45% | 124.01% | 105.66% |
| Dividend per Share 2 | 1.100 | 1.200 | 1.200 | 1.200 | 1.200 | 1.200 | 1.200 |
| Announcement Date | 2/25/20 | 3/3/21 | 3/2/22 | 3/1/23 | 2/28/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 247 | 256.6 | 246.4 | 262.2 | 273.8 | 272 | 254.7 | 264.6 | 273.3 | 276.7 | 269.7 | 286.5 | 297.3 | 304.7 |
| EBITDA 1 | 19.06 | 14.62 | 0.188 | 24.61 | 23.9 | 16.5 | 0.318 | 23.24 | 24.17 | 20.04 | -3.151 | 21.24 | 26.8 | 23.44 |
| EBIT 1 | 17.72 | 13.26 | -1.32 | 23.09 | 22.35 | 14.86 | -1.359 | 21.51 | 22.3 | 18.2 | -5.153 | 19.21 | 26.12 | 20.57 |
| Operating Margin | 7.18% | 5.17% | -0.54% | 8.81% | 8.16% | 5.46% | -0.53% | 8.13% | 8.16% | 6.58% | -1.91% | 6.71% | 8.79% | 6.75% |
| Earnings before Tax (EBT) 1 | 19.5 | 14.87 | 0.316 | 24.64 | 23.91 | 16.43 | 0.954 | 23.66 | 24.67 | 19.7 | -2.921 | 21.43 | 28.43 | 22.88 |
| Net income 1 | 14.93 | 10.61 | 0.288 | 18.01 | 17.44 | 11.53 | 0.819 | 17.02 | 18.22 | 14.56 | -2.22 | 15.67 | 20.77 | 16.73 |
| Net margin | 6.05% | 4.14% | 0.12% | 6.87% | 6.37% | 4.24% | 0.32% | 6.43% | 6.67% | 5.26% | -0.82% | 5.47% | 6.99% | 5.49% |
| EPS 2 | 1.960 | 1.400 | 0.0400 | 2.480 | 2.450 | 1.640 | 0.1200 | 2.570 | 2.680 | 2.160 | -0.3350 | 2.352 | 3.130 | 2.515 |
| Dividend per Share 2 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | - | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 |
| Announcement Date | 11/3/21 | 3/2/22 | 5/4/22 | 8/3/22 | 11/2/22 | 3/1/23 | 5/3/23 | 8/2/23 | 11/1/23 | 2/28/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - |
| Net Cash position | 44.3 | - | - | 160 | 71.2 | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 66.3 | -36.5 | -22.3 | 11.8 | 55.4 | 63.2 | 59.2 |
| ROE (net income / shareholders' equity) | 33.2% | 18.2% | 18.7% | 24.5% | 26.9% | 22.5% | 20.7% |
| ROA (Net income/ Total Assets) | 5.97% | 4.13% | 5% | 6.59% | 7.19% | 6.7% | 7.1% |
| Assets 1 | 808.5 | 817.9 | 761 | 716.9 | 704.2 | 760.4 | 789.2 |
| Book Value Per Share 2 | 22.30 | 26.20 | 28.10 | 25.90 | 30.30 | 36.50 | 46.70 |
| Cash Flow per Share 2 | 10.00 | -3.680 | -2.030 | 3.840 | 9.810 | 11.20 | 11.60 |
| Capex 1 | 10.8 | 8.61 | 6.8 | 16 | 11.8 | 10 | 11 |
| Capex / Sales | 1.15% | 0.98% | 0.71% | 1.51% | 1.11% | 0.86% | 0.89% |
| Announcement Date | 2/25/20 | 3/3/21 | 3/2/22 | 3/1/23 | 2/28/24 | - | - |
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
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
121.8
USD
Average target price
143.8
USD
Spread / Average Target
+18.05%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +5.16% | 796M | |
| +11.37% | 64.99B | |
| +0.72% | 43.18B | |
| -11.11% | 5.35B | |
| +2.00% | 2.18B | |
| -23.19% | 1.94B | |
| +5.77% | 1.47B | |
| +0.46% | 1.4B | |
| -21.69% | 1.25B | |
| -13.88% | 1.12B |
- Stock Market
- Equities
- BBSI Stock
- Financials Barrett Business Services, Inc.
