Financials Benchmark Electronics, Inc.

Equities

BHE

US08160H1014

Electronic Equipment & Parts

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
31.36 USD +3.50% Intraday chart for Benchmark Electronics, Inc. +5.84% +13.46%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 1,268 985.2 954.6 938.9 986.2 1,130 -
Enterprise Value (EV) 1 1,052 729.4 813.1 1,056 1,040 1,132 1,049
P/E ratio 57.3 x 71.1 x 27.4 x 14 x 15.4 x 20.4 x 14.4 x
Yield - - - - - - -
Capitalization / Revenue 0.56 x 0.48 x 0.42 x 0.33 x 0.35 x 0.43 x 0.4 x
EV / Revenue 0.46 x 0.36 x 0.36 x 0.37 x 0.37 x 0.43 x 0.37 x
EV / EBITDA 9,111,028 x - - - - - -
EV / FCF 17.4 x 8.5 x -19.6 x -4.78 x 10.8 x 14.8 x 8.93 x
FCF Yield 5.76% 11.8% -5.09% -20.9% 9.29% 6.77% 11.2%
Price to Book - - - - - - -
Nbr of stocks (in thousands) 36,917 36,475 35,224 35,176 35,682 36,043 -
Reference price 2 34.36 27.01 27.10 26.69 27.64 31.36 31.36
Announcement Date 2/6/20 2/4/21 2/3/22 2/1/23 1/31/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 2,268 2,053 2,255 2,886 2,839 2,618 2,848
EBITDA 115.5 - - - - - -
EBIT 1 67.07 51.15 68.78 104.4 124 105.8 117.4
Operating Margin 2.96% 2.49% 3.05% 3.62% 4.37% 4.04% 4.12%
Earnings before Tax (EBT) 1 27.27 17.29 45.41 84.34 81.22 72.37 102.6
Net income 1 23.42 14.06 35.77 68.23 64.32 55.68 79.06
Net margin 1.03% 0.68% 1.59% 2.36% 2.27% 2.13% 2.78%
EPS 2 0.6000 0.3800 0.9900 1.910 1.790 1.540 2.180
Free Cash Flow 1 60.56 85.85 -41.42 -220.8 96.56 76.6 117.5
FCF margin 2.67% 4.18% -1.84% -7.65% 3.4% 2.93% 4.13%
FCF Conversion (EBITDA) 52.44% - - - - - -
FCF Conversion (Net income) 258.53% 610.84% - - 150.13% 137.58% 148.62%
Dividend per Share - - - - - - -
Announcement Date 2/6/20 2/4/21 2/3/22 2/1/23 1/31/24 - -
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 2025 Q1
Net sales 1 571.9 633.1 636.1 728 771.6 750.6 694.7 733.2 719.7 691.4 645 632.2 646.2 694.3 700.4
EBITDA - - - - - - - - - - - - - - -
EBIT 1 19.15 24.25 21.31 22.91 27.61 32.59 25.76 29.36 33.57 35.36 27.15 24.13 24.93 29.59 27.3
Operating Margin 3.35% 3.83% 3.35% 3.15% 3.58% 4.34% 3.71% 4% 4.66% 5.11% 4.21% 3.82% 3.86% 4.26% 3.9%
Earnings before Tax (EBT) 1 10.43 16.08 13.49 21.29 23.33 26.23 15.38 17.91 25.59 22.34 16.53 15.64 17.64 22.55 24.3
Net income 1 8.065 12.42 10.96 17.22 18.83 21.22 12.36 13.99 20.41 17.55 12.57 11.99 13.63 17.48 18.7
Net margin 1.41% 1.96% 1.72% 2.37% 2.44% 2.83% 1.78% 1.91% 2.84% 2.54% 1.95% 1.9% 2.11% 2.52% 2.67%
EPS 2 0.2300 0.3500 0.3100 0.4900 0.5300 0.6000 0.3500 0.3900 0.5700 0.4900 0.3467 0.3367 0.3767 0.4800 0.5200
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 10/27/21 2/3/22 4/26/22 8/3/22 10/26/22 2/1/23 5/3/23 7/31/23 10/25/23 1/31/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - 118 53.6 1.9 -
Net Cash position 1 216 256 141 - - - 80.8
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 60.6 85.9 -41.4 -221 96.6 76.6 118
ROE (net income / shareholders' equity) 4.77% 3.48% 4.95% 7.47% 6.97% 6.2% 8.6%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share - - - - - - -
Cash Flow per Share - - - - - - -
Capex 1 32.6 34.6 38.8 46.8 77.7 58 60
Capex / Sales 1.44% 1.68% 1.72% 1.62% 2.74% 2.22% 2.11%
Announcement Date 2/6/20 2/4/21 2/3/22 2/1/23 1/31/24 - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
31.36 USD
Average target price
31.67 USD
Spread / Average Target
+0.98%
Consensus
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