BBCP's went public 3.43 years ago, making it older than just 11.22% of listed US stocks we're tracking.
Over the past twelve months, BBCP has reported earnings growth of -245.67%, putting it ahead of only 7.97% of US stocks in our set.
Concrete Pumping Holdings Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 12.81%, greater than the shareholder yield of 85.9% of stocks in our set.
If you're looking for stocks that are quantitatively similar to Concrete Pumping Holdings Inc, a group of peers worth examining would be MD, TTMI, SUM, HMTV, and PACK.
Concrete Pumping Holdings, Inc. (BBCP) Company Bio
Concrete Pumping Holdings, Inc. provides concrete pumping and waste management services in the United States and the United Kingdom. The company offers concrete pumping services to general contractors and concrete finishing companies in the commercial, infrastructure, and residential sectors under the Brundage-Bone and Camfaud brands; and industrial cleanup and containment services primarily to customers in the construction industry under the Eco-Pan brand. It also leases and rents concrete pumping equipment, pans, and containers. The company was founded in 1983 and is headquartered in Thornton, Colorado.
BBCP Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Concrete Pumping Holdings Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Concrete Pumping Holdings Inc ranked in the 95th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 3823.83% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for BBCP, they are:
In the past 0.59 years, Concrete Pumping Holdings Inc has a compound free cash flow growth rate of 1.44%; that's higher than 95.17% of free cash flow generating stocks in the Industrials sector.
46% of the company's capital comes from equity, which is greater than merely 17.34% of stocks in our cash flow based forecasting set.
Concrete Pumping Holdings Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.92. This coverage rate is greater than that of just 20.77% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as BBCP, try HEES, GOL, VRRM, CAR, and AZUL.
In a market where it feels like valuation and prudence do not matter, Concrete Pumping Holdings (BBCP) is a very stable business that is undervalued and one where you can achieve acceptable returns even without having to believe in growth in the underlying business. The current setup is like a...
Small Cap Capital on Seeking Alpha | January 25, 2021
DENVER, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company”) announced today that Brundage-Bone Concrete Pumping Holdings Inc. (the “Issuer”), a wholly-owned subsidiary of the Company, has successfully priced its private offering of $375.0 million aggregate principal amount of senior secured second lien notes due 2026 (the “Notes”). The Notes will be issued at par and will bear interest at an annual rate of 6.000%. The aggregate principal amount of Notes offered was increased from $350.0 million. The offering is expected to close on January 28, 2021, subject to customary closing conditions. The Company intends to use the net proceeds of the Notes, along with approximately $15 million of borrowings under its amended and restated senior secured ...
DENVER, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company”) announced today that Brundage-Bone Concrete Pumping Holdings Inc. (the “Issuer”), a wholly-owned subsidiary of the Company, intends to offer, on a private placement basis, $350.0 million aggregate principal amount of senior secured second lien notes due 2026 (the “Notes”). In addition, the Company expects to amend and restate its existing ABL credit agreement (the “ABL Facility”) to provide up to $125.0 million of commitments. The Issuer’s obligations under the Notes will be guaranteed by the Company, Concrete Pumping Intermediate Acquisition Corp. (“Intermediate Holdings”) and each of the Company’s domestic, wholly-owned subsidiaries that is a borrower (other than the Issuer) under ...
Concrete Pumping Holdings (BBCP) is the leading concrete pumping service and concrete waste management provider in the both U.S. and U.K. The business owns and operates specialized industrial equipment that is contracted for public infrastructure, commercial, and major residential construction sites. While the business faced disruptions in 2020 due to...