Bell Equipment Limited Logo

Bell Equipment Limited

BEL.JO

(2.5)
Stock Price

4.170,00 ZAc

7.45% ROA

15.01% ROE

5.45x PER

Market Cap.

4.163.704.076,00 ZAc

35.76% DER

0% Yield

5.65% NPM

Bell Equipment Limited Stock Analysis

Bell Equipment Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Bell Equipment Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.54x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a low debt to equity ratio (42%), which means it has a small amount of debt compared to the ownership it holds

3 ROE

ROE in an average range (11.2%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (5.44%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

6 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

7 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

8 Dividend Growth

Investors can be encouraged by the company's strong dividend growth over the past three years, highlighting its ability to generate consistent returns and provide an attractive investment opportunity.

9 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

10 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

11 Buffet Intrinsic Value

The company's stock appears overvalued (-549) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Bell Equipment Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Bell Equipment Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Bell Equipment Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Bell Equipment Limited Revenue
Year Revenue Growth
2002 2.386.356.000
2003 2.778.279.000 14.11%
2004 2.526.488.000 -9.97%
2005 3.209.233.000 21.27%
2006 3.533.177.000 9.17%
2007 4.624.961.000 23.61%
2008 5.458.273.000 15.27%
2009 2.699.149.000 -102.22%
2010 3.410.691.000 20.86%
2011 5.070.784.000 32.74%
2012 5.670.188.000 10.57%
2013 6.319.104.000 10.27%
2014 6.608.545.000 4.38%
2015 5.901.431.000 -11.98%
2016 6.002.341.000 1.68%
2017 6.766.586.000 11.29%
2018 7.534.438.000 10.19%
2019 7.823.169.000 3.69%
2020 6.690.277.000 -16.93%
2021 8.017.125.000 16.55%
2022 10.276.220.000 21.98%
2023 15.018.608.000 31.58%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Bell Equipment Limited Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 37.670.000 100%
2013 45.481.000 17.17%
2014 52.320.000 13.07%
2015 29.978.000 -74.53%
2016 35.501.000 15.56%
2017 46.298.000 23.32%
2018 43.364.000 -6.77%
2019 34.433.000 -25.94%
2020 34.808.000 1.08%
2021 36.466.000 4.55%
2022 38.983.000 6.46%
2023 93.408.000 58.27%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Bell Equipment Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 82.016.000
2003 59.847.000 -37.04%
2004 57.135.000 -4.75%
2005 62.615.000 8.75%
2006 60.307.000 -3.83%
2007 54.816.000 -10.02%
2008 66.638.000 17.74%
2009 45.223.000 -47.35%
2010 52.989.000 14.66%
2011 62.844.000 15.68%
2012 78.483.000 19.93%
2013 85.210.000 7.89%
2014 94.917.000 10.23%
2015 95.490.000 0.6%
2016 124.064.000 23.03%
2017 119.504.000 -3.82%
2018 108.640.000 -10%
2019 113.361.000 4.16%
2020 89.815.000 -26.22%
2021 106.643.000 15.78%
2022 114.851.000 7.15%
2023 170.816.000 32.76%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Bell Equipment Limited EBITDA
Year EBITDA Growth
2002 332.756.000
2003 363.275.000 8.4%
2004 151.317.000 -140.08%
2005 159.128.000 4.91%
2006 556.744.000 71.42%
2007 507.953.000 -9.61%
2008 618.704.000 17.9%
2009 -250.119.000 347.36%
2010 238.651.000 204.81%
2011 567.779.000 57.97%
2012 511.759.000 -10.95%
2013 474.866.000 -7.77%
2014 338.156.000 -40.43%
2015 472.328.000 28.41%
2016 308.079.000 -53.31%
2017 632.850.000 51.32%
2018 640.230.000 1.15%
2019 521.149.000 -22.85%
2020 329.952.000 -57.95%
2021 717.194.000 53.99%
2022 1.027.698.000 30.21%
2023 1.434.606.000 28.36%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Bell Equipment Limited Gross Profit
Year Gross Profit Growth
2002 617.649.000
2003 605.042.000 -2.08%
2004 472.545.000 -28.04%
2005 507.575.000 6.9%
2006 793.914.000 36.07%
2007 977.153.000 18.75%
2008 1.421.651.000 31.27%
2009 535.067.000 -165.7%
2010 726.471.000 26.35%
2011 1.198.826.000 39.4%
2012 1.260.138.000 4.87%
2013 1.428.988.000 11.82%
2014 1.541.137.000 7.28%
2015 1.347.274.000 -14.39%
2016 1.397.855.000 3.62%
2017 1.437.950.000 2.79%
2018 1.484.551.000 3.14%
2019 1.459.860.000 -1.69%
2020 1.233.932.000 -18.31%
2021 1.543.742.000 20.07%
2022 2.031.486.000 24.01%
2023 3.092.396.000 34.31%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Bell Equipment Limited Net Profit
Year Net Profit Growth
2002 125.601.000
2003 36.654.000 -242.67%
2004 -11.433.000 420.6%
2005 -8.197.000 -39.48%
2006 236.157.000 103.47%
2007 364.909.000 35.28%
2008 360.716.000 -1.16%
2009 -271.706.000 232.76%
2010 36.724.000 839.86%
2011 296.885.000 87.63%
2012 224.810.000 -32.06%
2013 183.007.000 -22.84%
2014 63.452.000 -188.42%
2015 168.280.000 62.29%
2016 37.472.000 -349.08%
2017 260.209.000 85.6%
2018 269.585.000 3.48%
2019 75.492.000 -257.1%
2020 -57.159.000 232.07%
2021 286.770.000 119.93%
2022 456.846.000 37.23%
2023 871.680.000 47.59%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Bell Equipment Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 1
2003 0 0%
2004 0 0%
2005 0 0%
2006 2 100%
2007 4 33.33%
2008 4 0%
2009 -3 250%
2010 0 0%
2011 3 100%
2012 2 0%
2013 2 -100%
2014 1 0%
2015 1 100%
2016 0 0%
2017 3 100%
2018 3 0%
2019 1 0%
2020 -1 0%
2021 3 100%
2022 5 25%
2023 9 55.56%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Bell Equipment Limited Free Cashflow
Year Free Cashflow Growth
2002 -34.016.000
2003 -37.982.000 10.44%
2004 -57.228.000 33.63%
2005 -56.428.000 -1.42%
2006 104.058.000 154.23%
2007 -136.567.000 176.2%
2008 -460.056.000 70.32%
2009 205.315.000 324.07%
2010 416.486.000 50.7%
2011 -324.982.000 228.16%
2012 193.102.000 268.3%
2013 -391.061.000 149.38%
2014 649.968.000 160.17%
2015 -394.076.000 264.93%
2016 -47.114.000 -736.43%
2017 -146.039.000 67.74%
2018 -588.653.000 75.19%
2019 -454.494.000 -29.52%
2020 727.929.000 162.44%
2021 490.213.000 -48.49%
2022 -347.044.000 241.25%
2023 134.566.500 357.9%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Bell Equipment Limited Operating Cashflow
Year Operating Cashflow Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 228.051.000 100%
2007 0 0%
2008 -246.545.000 100%
2009 356.437.000 169.17%
2010 564.269.000 36.83%
2011 -103.898.000 643.1%
2012 399.735.000 125.99%
2013 -135.181.000 395.7%
2014 807.716.000 116.74%
2015 -311.955.000 358.92%
2016 88.339.000 453.13%
2017 -10.197.000 966.32%
2018 -322.720.000 96.84%
2019 -272.469.000 -18.44%
2020 818.632.000 133.28%
2021 593.864.000 -37.85%
2022 -216.304.000 374.55%
2023 195.358.000 210.72%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Bell Equipment Limited Capital Expenditure
Year Capital Expenditure Growth
2002 34.016.000
2003 37.982.000 10.44%
2004 57.228.000 33.63%
2005 56.428.000 -1.42%
2006 123.993.000 54.49%
2007 136.567.000 9.21%
2008 213.511.000 36.04%
2009 151.122.000 -41.28%
2010 147.783.000 -2.26%
2011 221.084.000 33.16%
2012 206.633.000 -6.99%
2013 255.880.000 19.25%
2014 157.748.000 -62.21%
2015 82.121.000 -92.09%
2016 135.453.000 39.37%
2017 135.842.000 0.29%
2018 265.933.000 48.92%
2019 182.025.000 -46.1%
2020 90.703.000 -100.68%
2021 103.651.000 12.49%
2022 130.740.000 20.72%
2023 60.791.500 -115.06%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Bell Equipment Limited Equity
Year Equity Growth
2002 717.688.000
2003 711.257.000 -0.9%
2004 700.118.000 -1.59%
2005 699.259.000 -0.12%
2006 954.912.000 26.77%
2007 1.380.869.000 30.85%
2008 1.769.555.000 21.97%
2009 1.420.435.000 -24.58%
2010 1.418.709.000 -0.12%
2011 1.777.536.000 20.19%
2012 2.073.559.000 14.28%
2013 2.488.661.000 16.68%
2014 2.536.331.000 1.88%
2015 3.004.291.000 15.58%
2016 2.758.247.000 -8.92%
2017 2.988.602.000 7.71%
2018 3.371.509.000 11.36%
2019 3.437.916.000 1.93%
2020 3.503.778.000 1.88%
2021 3.861.733.000 9.27%
2022 4.365.208.000 11.53%
2023 5.285.016.000 17.4%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Bell Equipment Limited Assets
Year Assets Growth
2002 1.323.083.000
2003 1.398.727.000 5.41%
2004 1.591.728.000 12.13%
2005 1.641.607.000 3.04%
2006 2.042.252.000 19.62%
2007 2.881.667.000 29.13%
2008 3.922.772.000 26.54%
2009 2.926.114.000 -34.06%
2010 2.645.280.000 -10.62%
2011 3.870.209.000 31.65%
2012 3.489.327.000 -10.92%
2013 4.756.333.000 26.64%
2014 4.494.504.000 -5.83%
2015 4.853.060.000 7.39%
2016 4.506.948.000 -7.68%
2017 5.357.614.000 15.88%
2018 6.528.233.000 17.93%
2019 7.031.972.000 7.16%
2020 6.639.939.000 -5.9%
2021 6.924.007.000 4.1%
2022 8.650.725.000 19.96%
2023 10.534.583.000 17.88%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Bell Equipment Limited Liabilities
Year Liabilities Growth
2002 605.395.000
2003 687.470.000 11.94%
2004 891.610.000 22.9%
2005 942.348.000 5.38%
2006 1.087.340.000 13.33%
2007 1.500.798.000 27.55%
2008 2.153.217.000 30.3%
2009 1.505.679.000 -43.01%
2010 1.226.571.000 -22.76%
2011 2.092.673.000 41.39%
2012 1.415.768.000 -47.81%
2013 2.267.672.000 37.57%
2014 1.958.173.000 -15.81%
2015 1.848.769.000 -5.92%
2016 1.748.701.000 -5.72%
2017 2.369.012.000 26.18%
2018 3.156.724.000 24.95%
2019 3.594.056.000 12.17%
2020 3.136.161.000 -14.6%
2021 3.062.274.000 -2.41%
2022 4.285.517.000 28.54%
2023 5.249.567.000 18.36%

Bell Equipment Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
141.31
Net Income per Share
7.99
Price to Earning Ratio
5.45x
Price To Sales Ratio
0.31x
POCF Ratio
16.56
PFCF Ratio
106.63
Price to Book Ratio
0.8
EV to Sales
0.46
EV Over EBITDA
4.25
EV to Operating CashFlow
24.7
EV to FreeCashFlow
159.02
Earnings Yield
0.18
FreeCashFlow Yield
0.01
Market Cap
4,16 Bil.
Enterprise Value
6,21 Bil.
Graham Number
98.95
Graham NetNet
-4.97

Income Statement Metrics

Net Income per Share
7.99
Income Quality
0.33
ROE
0.15
Return On Assets
0.07
Return On Capital Employed
0.2
Net Income per EBT
0.71
EBT Per Ebit
0.84
Ebit per Revenue
0.1
Effective Tax Rate
0.27

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.2
Operating Profit Margin
0.1
Pretax Profit Margin
0.08
Net Profit Margin
0.06

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0.11
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
2.63
Free CashFlow per Share
0.41
Capex to Operating CashFlow
0.84
Capex to Revenue
0.02
Capex to Depreciation
0.97
Return on Invested Capital
0.13
Return on Tangible Assets
0.07
Days Sales Outstanding
59.75
Days Payables Outstanding
64.15
Days of Inventory on Hand
192.98
Receivables Turnover
6.11
Payables Turnover
5.69
Inventory Turnover
1.89
Capex per Share
2.22

Balance Sheet

Cash per Share
2,63
Book Value per Share
55,27
Tangible Book Value per Share
52.34
Shareholders Equity per Share
54.5
Interest Debt per Share
21.55
Debt to Equity
0.36
Debt to Assets
0.18
Net Debt to EBITDA
1.4
Current Ratio
2.02
Tangible Asset Value
5,01 Bil.
Net Current Asset Value
3,26 Bil.
Invested Capital
5990689000
Working Capital
4,29 Bil.
Intangibles to Total Assets
0.03
Average Receivables
1,92 Bil.
Average Payables
1,76 Bil.
Average Inventory
5844608000
Debt to Market Cap
0.45

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Bell Equipment Limited Dividends
Year Dividends Growth
2001 10
2002 20 50%
2003 25 20%
2007 25 0%
2008 40 37.5%
2013 40 0%
2016 15 -166.67%
2017 20 25%
2018 45 55.56%
2019 45 0%
2022 50 10%
2023 90 44.44%

Bell Equipment Limited Profile

About Bell Equipment Limited

Bell Equipment Limited manufactures, distributes, and exports materials handling equipment in South Africa and internationally. The company offers articulated dump trucks (ADT), excavators, low profile ADTs, motor graders, telescopic handlers, wheel loaders, compaction equipment, skid steel loaders, rough terrain forklifts, and bell forklifts and rockscalers for mining and construction sector. It also provides cone crushers, conveyors, impact crushers, jaw crushers, and screens for crushing and screens; haulage tractors, loggers, and timber tracks, as well as attachments, FASTfell, LogPro, and skogger under the Matriarc brand name for forestry sector; articulated tractors, cane loaders, cane pro, and slew loaders for agriculture sector; and container trucks, custom load bodies, dumper trailers, hooklift trucks, trailers, versa trucks, and water tankers for application equipment. In addition, the company offers pre-owned equipment and aftermarket services. It sells its products through a network of customer service centers, strategic alliances, and independent dealers. Bell Equipment Limited was founded in 1954 and is based in Richards Bay, South Africa.

CEO
Mr. Ashley John Bell
Employee
3.200
Address
13 - 19 Carbonode Cell Road
Richards Bay, 3900

Bell Equipment Limited Executives & BODs

Bell Equipment Limited Executives & BODs
# Name Age
1 Mr. Douglas E. Morris
Managing Director of Europe, Middle East & Africa
70
2 John Fleetwood
Managing Director of Bell Equipment Sales SA Ltd
70
3 Mr. Johan Van Wyngaardt
Director of Group Human Resources
70
4 Ms. Diana McIlrath
Group Company Secretary & Legal
70
5 Mr. Ashley John Bell
Chief Executive Officer & Executive Director
70
6 Ms. Karen J. van Haght C.A., CA (SA)
Group Chief Financial Officer & Executive Director
70
7 Mr. Avishkar Goordeen
Chief Strategy Officer
70
8 Mr. Stephen R. Jones
Director of Group Engineering, Marketing & Product Portfolio
70

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