Becton Dickinson & Co.

Find Ratings Reports
BDX : NYSE : Health Technology
$222.87 up 0.36 | 0.16%
Today's Range: 221.28 - 224.85
Avg. Daily Volume: 1394500.0
02/16/18 - 4:00 PM ET

Financial Analysis


BECTON DICKINSON & CO's gross profit margin for the first quarter of its fiscal year 2018 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased. BECTON DICKINSON & CO has weak liquidity. Currently, the Quick Ratio is 0.68 which shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.

At the same time, stockholders' equity ("net worth") has greatly increased by 180.19% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q1 FY18 Q1 FY17
Net Sales ($mil)3080.02922.0
EBITDA ($mil)882.0824.0
EBIT ($mil)591.0562.0
Net Income ($mil)-136.0562.0


Balance Sheet Q1 FY18 Q1 FY17
Cash & Equiv. ($mil)1321.0937.0
Total Assets ($mil)55363.024318.0
Total Debt ($mil)22798.011018.0
Equity ($mil)21247.07583.0


Profitability Q1 FY18 Q1 FY17
Gross Profit Margin60.058.69
EBITDA Margin28.6328.19
Operating Margin19.1919.23
Sales Turnover0.220.51
Return on Assets0.725.38
Return on Equity1.3817.26
Debt Q1 FY18 Q1 FY17
Current Ratio1.541.14
Debt/Capital0.520.59
Interest Expense158.095.0
Interest Coverage3.745.92


Share Data Q1 FY18 Q1 FY17
Shares outstanding (mil)266.24212.83
Div / share0.750.73
EPS-0.762.58
Book value / share79.835.63
Institutional Own % n/a n/a
Avg Daily Volume1378635.01179638.0

Valuation


BUY. BECTON DICKINSON & CO's P/E ratio indicates a significant premium compared to an average of 101.80 for the Health Care Equipment & Supplies industry and a significant premium compared to the S&P 500 average of 24.11. To use another comparison, its price-to-book ratio of 2.65 indicates a discount versus the S&P 500 average of 3.08 and a significant discount versus the industry average of 5.27. The price-to-sales ratio is well above the S&P 500 average, but well below the industry average.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
BDX 161.40 Peers 101.80   BDX 19.38 Peers 50.21

Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.

BDX is trading at a significant premium to its peers.

 

Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

BDX is trading at a significant discount to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
BDX 16.79 Peers 24.80   BDX 1.17 Peers 0.83

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

BDX is trading at a discount to its peers.

 

Premium. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

BDX trades at a significant premium to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
BDX 2.65 Peers 5.27   BDX -78.28 Peers 4.72

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

BDX is trading at a significant discount to its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, BDX is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
BDX 4.60 Peers 5.34   BDX -1.36 Peers 16.81

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

BDX is trading at a discount to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

BDX significantly trails its peers on the basis of sales growth

 

 

Latest Stock Upgrades/Downgrades