BHE - Benchmark Electronics Inc Stock Price, Fair Value and News

39.13USD+1.06 (+2.78%)Market Closed

Market Summary

USD39.13+1.06

Market Closed

2.78%

BHE Stock Price

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BHE RSI Chart

BHE Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

21.38

Price/Sales (Trailing)

0.5

EV/EBITDA

9.18

Price/Free Cashflow

6.88

BHE Price/Sales (Trailing)

BHE Profitability

Operating Margin

20.44%

EBT Margin

3.01%

Return on Equity

6.08%

Return on Assets

2.98%

Free Cashflow Yield

14.53%

BHE Fundamentals

BHE Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

-2.75%

Rev. Growth (Qtr)

-2.28%

BHE Earnings

Earnings (TTM)

66.0M

Earnings Growth (Yr)

13.28%

Earnings Growth (Qtr)

-20.23%

Breaking Down BHE Revenue

Last 7 days

29.5%

Last 30 days

30.7%

Last 90 days

36.4%

Trailing 12 Months

87.8%

How does BHE drawdown profile look like?

BHE Financial Health

Current Ratio

2.36

Debt/Equity

0.29

Debt/Cashflow

0.8

BHE Investor Care

Shares Dilution (1Y)

1.19%

Diluted EPS (TTM)

1.83

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.8B	0	0	0
2023	2.9B	3.0B	2.9B	2.8B
2022	2.4B	2.6B	2.8B	2.9B
2021	2.0B	2.1B	2.1B	2.3B
2020	2.2B	2.1B	2.0B	2.1B
2019	2.6B	2.5B	2.4B	2.3B
2018	2.5B	2.5B	2.6B	2.6B
2017	2.3B	2.4B	2.4B	2.5B
2016	2.5B	2.4B	2.3B	2.3B
2015	2.8B	2.7B	2.6B	2.5B
2014	2.6B	2.7B	2.8B	2.8B
2013	2.4B	2.4B	2.4B	2.5B
2012	2.3B	2.4B	2.4B	2.5B
2011	2.4B	2.4B	2.3B	2.3B
2010	2.2B	2.3B	2.4B	2.4B
2009	2.5B	2.3B	2.2B	2.1B
2008	0	0	0	2.6B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Benchmark Electronics Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 26, 2024	beaver stephen j	sold (taxes)	-43,606	29.97	-1,455	svp, general counsel and clo
Feb 26, 2024	benck jeff	sold (taxes)	-262,987	29.97	-8,775	president and ceo
Feb 26, 2024	janick jan m	sold (taxes)	-29,910	29.97	-998	svp, chief technology officer
Feb 26, 2024	lakkaraju roop kalyan	sold (taxes)	-83,946	29.97	-2,801	evp, chief financial officer
Feb 26, 2024	turner rhonda r	sold (taxes)	-30,149	29.97	-1,006	svp, chief hr officer
Feb 23, 2024	janick jan m	sold (taxes)	-32,435	29.73	-1,091	svp, chief technology officer
Feb 23, 2024	beaver stephen j	sold (taxes)	-56,130	29.73	-1,888	svp, general counsel and clo
Feb 23, 2024	benck jeff	sold (taxes)	-288,381	29.73	-9,700	president and ceo
Feb 23, 2024	lakkaraju roop kalyan	sold (taxes)	-95,700	29.73	-3,219	evp, chief financial officer
Feb 23, 2024	turner rhonda r	sold (taxes)	-33,476	29.73	-1,126	svp, chief hr officer

Which funds bought or sold BHE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Investors Research Corp	unchanged	-	32,825	415,639	0.10%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.31	85,207	937,182	0.01%
May 06, 2024	ORG Partners LLC	sold off	-100	-3,058	-	-%
May 06, 2024	SG Americas Securities, LLC	new	-	136,000	136,000	-%
May 06, 2024	Envestnet Portfolio Solutions, Inc.	new	-	223,875	223,875	-%
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	reduced	-16.46	-37,474	365,462	-%
May 06, 2024	Empowered Funds, LLC	added	61.38	974,956	2,271,220	0.04%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	added	21.23	223,000	929,000	0.01%
May 06, 2024	Parallel Advisors, LLC	added	51.22	20,297	51,917	-%
May 03, 2024	OREGON PUBLIC EMPLOYEES RETIREMENT FUND	reduced	-8.61	-2,223	286,836	0.01%

Are Funds Buying or Selling BHE?

Are funds buying BHE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BHE

No. of Funds

Unveiling Benchmark Electronics Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	13.13%	4,685,488	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	8.4%	2,996,161	SC 13G/A
Jan 30, 2024	franklin mutual advisers llc	6.6%	2,350,713	SC 13G/A
Jan 19, 2024	blackrock inc.	18.2%	6,505,331	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	8.4%	2,955,539	SC 13G/A
Feb 09, 2023	vanguard group inc	11.60%	4,081,607	SC 13G/A
Jan 30, 2023	franklin mutual advisers llc	8.8%	3,081,520	SC 13G/A
Jan 26, 2023	blackrock inc.	18.4%	6,456,891	SC 13G/A
Jan 20, 2023	blackrock inc.	18.4%	6,456,891	SC 13G
Feb 09, 2022	vanguard group inc	10.93%	3,851,608	SC 13G/A

Recent SEC filings of Benchmark Electronics Inc

View All Filings

Date Filed	Form Type	Document
May 07, 2024	3	Insider Trading
May 03, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
Apr 12, 2024	ARS	ARS
Apr 12, 2024	DEF 14A	DEF 14A
Apr 12, 2024	DEFA14A	DEFA14A
Mar 19, 2024	8-K	Current Report
Mar 11, 2024	8-K	Current Report
Feb 27, 2024	10-K	Annual Report
Feb 27, 2024	4	Insider Trading

Peers (Alternatives to Benchmark Electronics Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.8T	381.6B	7.54%	5.11%	27.86	7.33	-0.90%	6.43%
APH	74.9B	12.8B	6.23%	65.48%	36.76	5.83	1.52%	6.35%
GLW	28.6B	12.4B	2.70%	6.20%	46.36	2.31	-9.51%	-33.28%
FTV	27.1B	6.1B	-8.59%	18.87%	30.14	4.42	3.71%	17.79%
FLEX	12.3B	29.4B	0.24%	39.85%	16.29	0.42	-1.12%	-8.06%
MID-CAP
CGNX	7.9B	847.2M	13.56%	-7.48%	79.08	9.3	-8.39%	-42.67%
ARW	6.8B	31.3B	-0.25%	7.84%	9.49	0.22	-14.93%	-46.67%
BMI	5.6B	740.8M	20.51%	39.19%	54.95	7.59	25.07%	42.99%
AVT	4.6B	24.7B	5.30%	23.61%	8.08	0.19	-6.09%	-33.76%
ESE	2.8B	968.8M	5.52%	13.28%	30.31	2.91	9.35%	8.73%
SMALL-CAP
CNXN	1.6B	2.8B	-4.93%	60.32%	19.99	0.6	-10.09%	0.74%
BHE	1.4B	2.8B	30.69%	87.76%	21.38	0.5	-4.25%	-5.27%
GPRO	278.0M	986.2M	-9.80%	-57.11%	-0.77	0.28	-6.21%	-5303.34%
AEY	32.0M	56.7M	-14.40%	28.92%	-3.8	0.59	-41.04%	-726.48%
CPSH	25.8M	26.4M	-1.11%	-35.97%	33.65	0.98	-2.48%	-64.63%

Benchmark Electronics Inc News

Latest updates

Benchmark Electronics Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-2.3%	676	691	720	733	695	751	772	728	636	633	572	545	506	521	526	491	515	508	555	602	603
Gross Profit	-5.1%	67.00	71.00	69.00	67.00	64.00	72.00	67.00	59.00	58.00	62.00	54.00	48.00	42.00	51.00	46.00	35.00	43.00	37.00	49.00	49.00	50.00
S&GA Expenses	4.7%	37.00	36.00	36.00	38.00	38.00	40.00	39.00	36.00	36.00	38.00	34.00	34.00	31.00	32.00	30.00	29.00	32.00	34.00	31.00	32.00	30.00
EBITDA Margin	6.0%	0.06*	0.05*	0.05*	0.05*	0.05*	0.05*	0.04*	0.04*	0.04*	0.04*	0.04*	0.04*	-	-	-	-	-	-	-	-	-
Interest Expenses	-16.6%	7.00	9.00	8.00	8.00	6.00	5.00	3.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Income Taxes	6.5%	5.00	5.00	5.00	4.00	3.00	5.00	5.00	4.00	3.00	4.00	2.00	2.00	2.00	2.00	1.00	-0.50	1.00	-3.97	2.00	3.00	4.00
Earnings Before Taxes	-14.5%	19.00	22.00	26.00	18.00	15.00	26.00	23.00	21.00	13.00	16.00	10.00	9.00	10.00	9.00	7.00	-3.90	5.00	-10.90	9.00	12.00	17.00
EBT Margin	5.3%	0.03*	0.03*	0.03*	0.03*	0.03*	0.03*	0.03*	0.02*	0.02*	0.02*	0.02*	0.02*	-	-	-	-	-	-	-	-	-
Net Income	-20.2%	14.00	18.00	20.00	14.00	12.00	21.00	19.00	17.00	11.00	12.00	8.00	7.00	8.00	8.00	6.00	-3.41	4.00	-6.93	7.00	9.00	14.00
Net Income Margin	3.2%	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.01*	0.01*	-	-	-	-	-	-	-	-	-
Free Cashflow	-66.1%	43.00	128	18.00	16.00	-60.83	-65.93	-38.18	-31.48	-85.23	-10.61	-54.40	-7.25	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.7%	2,213	2,275	2,333	2,307	2,279	2,227	2,277	2,167	2,003	1,904	1,840	1,819	1,761	1,744	1,735	1,758	1,823	1,760	1,759	1,828	1,869
Current Assets	-3.5%	1,579	1,636	1,707	1,721	1,691	1,652	1,708	1,601	1,451	1,348	1,279	1,267	1,213	1,202	1,185	1,208	1,265	1,195	1,198	1,258	1,298
Cash Equivalents	6.7%	296	277	260	245	211	207	249	264	245	272	291	370	400	396	335	356	412	364	348	397	395
Inventory	-6.7%	638	684	725	756	778	728	747	667	608	523	478	415	355	327	353	364	338	315	316	316	316
Net PPE	-1.6%	224	228	232	222	221	211	204	198	191	187	189	188	183	185	191	198	202	206	199	203	204
Goodwill	0%	192	192	192	192	192	192	192	192	192	192	192	192	192	192	192	192	192	192	192	192	192
Current Liabilities	-6.4%	668	714	699	722	712	749	849	785	684	654	600	581	505	481	449	465	459	459	441	488	490
Long Term Debt	-5.1%	310	327	428	424	400	321	296	262	202	129	124	127	129	131	148	165	232	139	141	143	145
Shareholder's Equity	0.6%	1,085	1,079	1,063	1,048	1,035	1,026	1,001	986	976	974	962	967	978	990	990	984	990	1,015	1,029	1,045	1,079
Retained Earnings	1.4%	569	561	549	534	526	520	504	491	482	480	473	477	486	492	494	493	503	516	531	540	558
Additional Paid-In Capital	-0.6%	526	529	526	522	518	519	514	509	507	507	503	503	506	510	512	509	505	512	512	517	530
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	478	481	479	461	472	464	459
Shares Outstanding	1.0%	36.00	36.00	36.00	36.00	36.00	35.00	35.00	35.00	35.00	36.00	36.00	36.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	900	-	-	-	1,000	-	-	-	1,000	-	-	-	800	-	-	-	900	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-64.7%	48,457	137,080	37,582	24,538	-24,906	-52,750	-31,207	-25,485	-68,025	-1,314	-41,581	3,660	36,613	94,823	5,697	23,027	-3,109	35,822	-11,458	52,358	16,414
Share Based Compensation	-26.4%	2,176	2,955	3,674	3,867	4,790	5,203	4,795	4,281	4,206	4,406	3,993	4,013	2,850	934	3,420	3,305	2,739	1,733	2,741	2,948	2,772
Cashflow From Investing	44.1%	-6,154	-11,013	-19,661	-7,752	-38,712	-13,246	-8,614	-2,669	-16,645	-9,732	-13,712	-12,022	-6,409	-7,867	-5,802	-9,223	-11,491	-9,173	-10,244	-5,275	-10,171
Cashflow From Financing	74.7%	-27,141	-107,466	-1,053	17,917	67,024	19,444	28,996	169,923	-59,134	-7,024	-17,862	-25,306	-23,760	-27,845	-23,158	-73,061	66,538	-12,174	-25,555	-46,594	-68,514
Dividend Payments	-100.0%	-	5,930	5,874	5,890	5,806	5,786	5,786	5,823	5,805	5,852	5,871	5,772	5,805	5,836	5,840	5,827	5,538	5,556	5,652	5,876	6,203
Buy Backs	-	-	-	-	-	-	-	-	3,909	5,482	-	9,897	17,267	13,052	5,891	-	-	19,329	3,760	18,311	38,959	61,080

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BHE Income Statement

2024-03-31

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Sales	$ 675,575	$ 694,695
Cost of sales	608,167	630,737
Gross profit	67,408	63,958
Selling, general and administrative expenses	37,332	38,198
Amortization of intangible assets	1,204	1,592
Restructuring charges and other costs	3,343	1,426
Income from operations	25,529	22,742
Interest expense	(7,245)	(6,450)
Interest income	1,992	1,258
Other expense, net	(1,177)	(2,165)
Income before income taxes	19,099	15,385
Income tax expense	5,097	3,025
Net income	$ 14,002	$ 12,360
Earnings per share:
Basic	$ 0.39	$ 0.35
Diluted	$ 0.38	$ 0.35
Weighted-average number of shares outstanding:
Basic	35,810	35,336
Diluted	36,401	35,592

BHE Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 296,055	$ 277,391
Restricted cash	0	5,822
Accounts receivable, net of allowance for doubtful accounts of $390 and $470, respectively	417,396	449,404
Contract assets	180,814	174,979
Inventories	637,675	683,801
Prepaid expenses and other current assets	46,673	44,350
Total current assets	1,578,613	1,635,747
Property, plant and equipment, net	223,992	227,698
Operating lease right-of-use assets	128,395	130,830
Goodwill	192,116	192,116
Deferred income taxes	27,873	26,943
Other long-term assets	61,821	61,421
Total assets	2,212,810	2,274,755
Current liabilities:
Current installments of long-term debt	5,105	4,283
Accounts payable	348,374	367,480
Advance payments from customers	189,153	204,883
Income taxes payable	24,400	22,225
Accrued liabilities	100,787	114,676
Total current liabilities	667,819	713,547
Long-term debt, net of current installments	310,117	326,674
Operating lease liabilities	119,958	123,385
Other long-term liabilities	29,749	32,064
Shareholders’ equity:
Preferred stock, $0.10 par value; 5,000 shares authorized, none issued	0	0
Common stock, $0.10 par value; 145,000 shares authorized; issued and outstanding - 36,014 and 35,664, respectively	3,601	3,566
Additional paid-in capital	525,596	528,842
Retained earnings	568,590	560,537
Accumulated other comprehensive loss	(12,620)	(13,860)
Total shareholders’ equity	1,085,167	1,079,085
Total liabilities and shareholders' equity	$ 2,212,810	$ 2,274,755

About Benchmark Electronics Inc

Benchmark Electronics, Inc., together with its subsidiaries, provides product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company offers engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services. It also provides electronics manufacturing and testing services, such as printed circuit board assembly and test solutions, assembly of subsystems, circuitry and functionality testing of printed assemblies, environmental and stress testing, and component reliability testing; component engineering services; manufacturing defect analysis, in-circuit testing, functional testing, and life cycle testing services, as well as environmental stress tests of assemblies of boards or systems; and failure analysis. In addition, the company offers precision machining and electromechanical assembly services; and subsystem and system integration services, including assembly, configuration, and testing for various industries. Further, it provides value-added support systems; supply chain management solutions; direct order fulfillment; and aftermarket non-warranty services, including repair, replacement, refurbishment, remanufacturing, exchange, systems upgrade, and spare parts manufacturing throughout a product's life cycle. The company serves original equipment manufacturers in the aerospace and defense, medical technologies, complex industrials, semiconductor capital equipment, telecommunications, and advanced computing industries. It markets its services and solutions primarily through a direct sales force. The company was formerly known as Electronics, Inc. Benchmark Electronics, Inc. was founded in 1979 and is headquartered in Tempe, Arizona.

CEO	Mr. Jeffrey W. Benck
WEBSITE	bench.com
INDUSTRY	Consumer Electronics
EMPLOYEES	11873

Benchmark Electronics Inc Frequently Asked Questions

What is the ticker symbol for Benchmark Electronics Inc? What does BHE stand for in stocks?

BHE is the stock ticker symbol of Benchmark Electronics Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Benchmark Electronics Inc (BHE)?

As of Tue May 07 2024, market cap of Benchmark Electronics Inc is 1.41 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BHE stock?

You can check BHE's fair value in chart for subscribers.

What is the fair value of BHE stock?

You can check BHE's fair value in chart for subscribers. The fair value of Benchmark Electronics Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Benchmark Electronics Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BHE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Benchmark Electronics Inc a good stock to buy?

The fair value guage provides a quick view whether BHE is over valued or under valued. Whether Benchmark Electronics Inc is cheap or expensive depends on the assumptions which impact Benchmark Electronics Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BHE.

What is Benchmark Electronics Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, BHE's PE ratio (Price to Earnings) is 21.38 and Price to Sales (PS) ratio is 0.5. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BHE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Benchmark Electronics Inc's stock?

In the past 10 years, Benchmark Electronics Inc has provided 0.067 (multiply by 100 for percentage) rate of return.