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Boyd Group Services

TSX:BYD
Snowflake Description

Reasonable growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BYD
TSX
CA$3B
Market Cap
  1. Home
  2. CA
  3. Commercial Services
Company description

Boyd Group Services Inc. operates non-franchised collision repair centers in North America. The last earnings update was 18 days ago. More info.


Add to Portfolio Compare Print
  • Boyd Group Services has significant price volatility in the past 3 months.
BYD Share Price and Events
7 Day Returns
-4.7%
TSX:BYD
-8.3%
CA Commercial Services
2.5%
CA Market
1 Year Returns
-7.4%
TSX:BYD
-16.7%
CA Commercial Services
-24.8%
CA Market
BYD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Boyd Group Services (BYD) -4.7% -33.4% -34.2% -7.4% 64.5% 157.5%
CA Commercial Services -8.3% -27.3% -30.8% -16.7% -7.2% -1.6%
CA Market 2.5% -20.8% -24.7% -24.8% -22.2% -17%
1 Year Return vs Industry and Market
  • BYD outperformed the Commercial Services industry which returned -16.7% over the past year.
  • BYD outperformed the Market in Canada which returned -24.8% over the past year.
Price Volatility
BYD
Industry
5yr Volatility vs Market

BYD Value

 Is Boyd Group Services undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Boyd Group Services to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Boyd Group Services.

TSX:BYD Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.9%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSX:BYD
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.4%
Equity Risk Premium S&P Global 5.4%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.588 (1 + (1- 26.5%) (33.48%))
0.821
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.82
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.44% + (0.821 * 5.44%)
5.9%

Discounted Cash Flow Calculation for TSX:BYD using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Boyd Group Services is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

TSX:BYD DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 5.9%)
2020 99.27 Analyst x3 93.73
2021 201.70 Analyst x4 179.84
2022 328.00 Analyst x1 276.15
2023 353.00 Analyst x1 280.63
2024 379.00 Analyst x1 284.50
2025 397.94 Est @ 5% 282.07
2026 413.58 Est @ 3.93% 276.81
2027 426.74 Est @ 3.18% 269.70
2028 438.09 Est @ 2.66% 261.44
2029 448.14 Est @ 2.29% 252.53
Present value of next 10 years cash flows CA$2,457.00
TSX:BYD DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$448.14 × (1 + 1.44%) ÷ (5.9% – 1.44%)
CA$10,184.50
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$10,184.50 ÷ (1 + 5.9%)10
CA$5,738.94
TSX:BYD Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$2,457.00 + CA$5,738.94
CA$8,195.94
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$8,195.94 / 20.21
CA$405.6
TSX:BYD Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$405.60
Current discount Discount to share price of CA$137.28
= -1 x (CA$137.28 - CA$405.60) / CA$405.60
66.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Boyd Group Services is available for.
Intrinsic value
>50%
Share price is CA$137.28 vs Future cash flow value of CA$405.6
Current Discount Checks
For Boyd Group Services to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Boyd Group Services's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Boyd Group Services's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Boyd Group Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Boyd Group Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:BYD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$3.23
TSX:BYD Share Price ** TSX (2020-04-03) in CAD CA$137.28
Canada Commercial Services Industry PE Ratio Median Figure of 10 Publicly-Listed Commercial Services Companies 16.15x
Canada Market PE Ratio Median Figure of 497 Publicly-Listed Companies 10.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Boyd Group Services.

TSX:BYD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:BYD Share Price ÷ EPS (both in CAD)

= 137.28 ÷ 3.23

42.54x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Boyd Group Services is overvalued based on earnings compared to the CA Commercial Services industry average.
  • Boyd Group Services is overvalued based on earnings compared to the Canada market.
Price based on expected Growth
Does Boyd Group Services's expected growth come at a high price?
Raw Data
TSX:BYD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 42.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
36.2%per year
Canada Commercial Services Industry PEG Ratio Median Figure of 5 Publicly-Listed Commercial Services Companies 1.17x
Canada Market PEG Ratio Median Figure of 233 Publicly-Listed Companies 0.68x

*Line of best fit is calculated by linear regression .

TSX:BYD PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 42.54x ÷ 36.2%

1.17x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Boyd Group Services is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Boyd Group Services's assets?
Raw Data
TSX:BYD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$30.56
TSX:BYD Share Price * TSX (2020-04-03) in CAD CA$137.28
Canada Commercial Services Industry PB Ratio Median Figure of 22 Publicly-Listed Commercial Services Companies 0.92x
Canada Market PB Ratio Median Figure of 2,360 Publicly-Listed Companies 0.99x
TSX:BYD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:BYD Share Price ÷ Book Value per Share (both in CAD)

= 137.28 ÷ 30.56

4.49x

* Primary Listing of Boyd Group Services.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Boyd Group Services is overvalued based on assets compared to the CA Commercial Services industry average.
X
Value checks
We assess Boyd Group Services's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Boyd Group Services has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BYD Future Performance

 How is Boyd Group Services expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
36.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Boyd Group Services expected to grow at an attractive rate?
  • Boyd Group Services's earnings growth is expected to exceed the low risk savings rate of 1.4%.
Growth vs Market Checks
  • Boyd Group Services's earnings growth is expected to exceed the Canada market average.
  • Boyd Group Services's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSX:BYD Future Growth Rates Data Sources
Data Point Source Value (per year)
TSX:BYD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 36.2%
TSX:BYD Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 9.7%
Canada Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 35.1%
Canada Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 8.5%
Canada Market Earnings Growth Rate Market Cap Weighted Average 5.1%
Canada Market Revenue Growth Rate Market Cap Weighted Average 3.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:BYD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:BYD Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 2,748 330 133 12
2020-12-31 2,247 222 75 12
2020-04-05
TSX:BYD Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 2,283 296 64
2019-09-30 2,192 267 80
2019-06-30 2,085 227 82
2019-03-31 1,969 210 81
2018-12-31 1,865 191 78
2018-09-30 1,784 170 71
2018-06-30 1,716 165 74
2018-03-31 1,644 134 62
2017-12-31 1,569 120 58
2017-09-30 1,515 107 44
2017-06-30 1,469 106 30
2017-03-31 1,416 104 45

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Boyd Group Services's earnings are expected to grow significantly at over 20% yearly.
  • Boyd Group Services's revenue is expected to grow by 9.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSX:BYD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from Boyd Group Services Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:BYD Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 6.28 6.67 5.31 4.00
2020-12-31 3.14 5.29 2.23 4.00
2020-04-05
TSX:BYD Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 3.23
2019-09-30 4.02
2019-06-30 4.13
2019-03-31 4.09
2018-12-31 3.94
2018-09-30 3.63
2018-06-30 3.84
2018-03-31 3.27
2017-12-31 3.16
2017-09-30 2.40
2017-06-30 1.68
2017-03-31 2.50

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Boyd Group Services is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Boyd Group Services's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Boyd Group Services has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BYD Past Performance

  How has Boyd Group Services performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Boyd Group Services's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Boyd Group Services has delivered over 20% year on year earnings growth in the past 5 years.
  • Boyd Group Services's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Boyd Group Services's 1-year earnings growth is negative, it can't be compared to the CA Commercial Services industry average.
Earnings and Revenue History
Boyd Group Services's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Boyd Group Services Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:BYD Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,283.33 64.15 730.32
2019-09-30 2,192.49 79.80 714.79
2019-06-30 2,085.10 81.60 703.95
2019-03-31 1,969.22 80.69 688.48
2018-12-31 1,864.61 77.64 673.96
2018-09-30 1,784.10 70.90 657.30
2018-06-30 1,716.47 74.17 629.07
2018-03-31 1,643.82 61.76 605.55
2017-12-31 1,569.45 58.44 582.52
2017-09-30 1,515.28 43.67 566.44
2017-06-30 1,468.65 30.30 558.42
2017-03-31 1,415.68 45.10 529.03
2016-12-31 1,387.12 30.37 520.08
2016-09-30 1,339.18 19.26 498.29
2016-06-30 1,294.94 -6.69 474.68
2016-03-31 1,242.66 -13.24 456.42
2015-12-31 1,174.08 -21.96 435.20
2015-09-30 1,101.13 -30.06 412.71
2015-06-30 1,018.14 -2.22 378.69
2015-03-31 942.23 -22.07 359.10
2014-12-31 844.10 -15.31 320.58
2014-09-30 765.67 -11.41 291.91
2014-06-30 697.20 -21.92 273.94
2014-03-31 631.26 -13.30 246.03
2013-12-31 578.26 -11.60 224.42
2013-09-30 532.13 -2.34 206.32
2013-06-30 491.60 1.32 189.86

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Boyd Group Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Boyd Group Services used its assets more efficiently than the CA Commercial Services industry average last year based on Return on Assets.
  • Boyd Group Services's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Boyd Group Services's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Boyd Group Services has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BYD Health

 How is Boyd Group Services's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Boyd Group Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Boyd Group Services's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Boyd Group Services's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Boyd Group Services's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Boyd Group Services Company Filings, last reported 3 months ago.

TSX:BYD Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 611.91 415.27 35.47
2019-09-30 582.69 418.35 41.07
2019-06-30 563.84 359.11 46.30
2019-03-31 563.69 366.67 52.19
2018-12-31 571.10 288.16 64.48
2018-09-30 501.95 224.88 51.35
2018-06-30 495.79 239.94 73.25
2018-03-31 475.86 265.61 59.22
2017-12-31 439.84 257.98 47.83
2017-09-30 334.52 295.83 40.98
2017-06-30 278.06 143.02 59.62
2017-03-31 289.97 157.91 54.72
2016-12-31 280.54 152.43 53.52
2016-09-30 265.56 151.95 44.33
2016-06-30 257.34 120.94 47.87
2016-03-31 242.06 136.55 49.27
2015-12-31 184.93 141.67 72.93
2015-09-30 178.55 137.79 61.10
2015-06-30 152.31 142.79 66.06
2015-03-31 150.26 143.57 66.90
2014-12-31 135.98 138.26 57.51
2014-09-30 139.99 137.49 59.52
2014-06-30 68.05 132.33 31.12
2014-03-31 85.48 64.15 28.68
2013-12-31 83.97 58.10 19.30
2013-09-30 31.21 86.72 25.57
2013-06-30 34.55 80.64 32.78
  • Boyd Group Services's level of debt (67.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (101.6% vs 67.9% today).
  • Debt is well covered by operating cash flow (71.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4x coverage).
X
Financial health checks
We assess Boyd Group Services's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Boyd Group Services has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BYD Dividends

 What is Boyd Group Services's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.4%
Current annual income from Boyd Group Services dividends. Estimated to be 0.41% next year.
If you bought CA$2,000 of Boyd Group Services shares you are expected to receive CA$8 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Boyd Group Services's pays a lower dividend yield than the bottom 25% of dividend payers in Canada (2.75%).
  • Boyd Group Services's dividend is below the markets top 25% of dividend payers in Canada (8.52%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:BYD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
North America Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 45 Stocks 2.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 324 Stocks 4.7%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.3%
Canada Bottom 25% Dividend Yield 25th Percentile 2.7%
Canada Top 25% Dividend Yield 75th Percentile 8.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:BYD Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 0.56 5.00
2020-12-31 0.55 5.00
2020-04-05
TSX:BYD Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2019-12-17 0.552 0.282
2019-11-15 0.552 0.278
2019-10-17 0.540 0.290
2019-09-17 0.540 0.305
2019-08-16 0.540 0.305
2019-07-17 0.540 0.313
2019-06-17 0.540 0.318
2019-05-17 0.540 0.323
2019-03-15 0.540 0.369
2019-02-15 0.540 0.431
2019-01-17 0.540 0.448
2018-12-17 0.540 0.486
2018-11-16 0.540 0.485
2018-10-17 0.528 0.450
2018-09-17 0.528 0.416
2018-08-17 0.528 0.413
2018-07-17 0.528 0.437
2018-06-15 0.528 0.441
2018-05-17 0.528 0.460
2018-04-17 0.528 0.488
2018-03-16 0.528 0.495
2018-02-16 0.528 0.492
2018-01-17 0.528 0.514
2017-12-15 0.528 0.520
2017-11-17 0.528 0.539
2017-10-17 0.516 0.549
2017-09-15 0.516 0.560
2017-08-17 0.516 0.555
2017-06-16 0.516 0.539
2017-05-17 0.516 0.537
2017-04-17 0.516 0.590
2017-02-17 0.516 0.596
2017-01-17 0.516 0.612
2016-12-16 0.516 0.601
2016-11-17 0.516 0.604
2016-10-17 0.504 0.598
2016-09-16 0.504 0.601
2016-08-17 0.504 0.590
2016-07-15 0.504 0.638
2016-06-17 0.504 0.680
2016-05-17 0.504 0.675
2016-04-15 0.504 0.680
2016-03-17 0.504 0.711
2016-02-17 0.504 0.787
2016-01-15 0.504 0.815
2015-12-17 0.504 0.789
2015-11-17 0.504 0.743
2015-10-16 0.492 0.767
2015-09-17 0.492 0.774
2015-08-17 0.492 0.794
2015-07-17 0.492 0.851
2015-06-17 0.492 0.916
2015-05-15 0.492 0.908
2015-04-17 0.492 0.931
2015-03-17 0.492 0.947
2015-02-17 0.492 1.064
2015-01-16 0.492 1.061
2014-12-17 0.492 1.043
2014-10-17 0.480 1.059
2014-09-17 0.480 1.187
2014-08-18 0.480 1.078
2014-07-17 0.480 1.106
2014-06-17 0.480 1.122
2014-05-16 0.480 1.127
2014-04-17 0.480 1.227
2014-03-17 0.480 1.345
2014-02-18 0.480 1.438
2014-01-17 0.480 1.494
2013-12-16 0.480 1.476
2013-11-15 0.480 1.622
2013-10-17 0.468 1.726
2013-09-17 0.468 1.700
2013-08-16 0.468 1.796
2013-07-17 0.468 1.965
2013-06-17 0.468 2.024
2013-05-17 0.468 2.170
2013-04-17 0.468 2.421
2013-03-18 0.468 2.453
2013-02-14 0.468 2.536
2013-01-17 0.468 2.617
2012-12-17 0.468 2.852
2012-11-16 0.468 2.850
2012-10-17 0.450 2.747
2012-09-17 0.450 2.873
2012-08-17 0.450 3.013
2012-07-17 0.450 3.085
2012-06-15 0.450 3.285
2012-05-17 0.450 3.503
2012-04-17 0.450 3.755
2012-03-16 0.450 3.774
2012-02-17 0.450 3.482
2012-01-17 0.450 3.618
2011-12-16 0.450 4.012
2011-11-09 0.450 4.356
2011-10-17 0.420 4.331
2011-09-16 0.420 4.503
2011-08-17 0.420 3.735
2011-07-15 0.420 3.042
2011-06-17 0.420 3.208
2011-05-17 0.420 3.927
2011-03-17 0.420 4.400
2011-02-17 0.420 5.124
2010-12-16 0.420 5.253
2010-11-10 0.360 4.952
2010-10-15 0.345 5.470
2010-08-13 0.345 5.973
2010-07-16 0.330 5.869
2010-05-14 0.330 6.577
2010-03-26 0.315 6.057
2010-03-17 0.300 5.571
2010-02-17 0.300 5.656
2010-01-15 0.300 5.768
2009-12-17 0.300 5.485
2009-11-17 0.285 6.040
2009-10-16 0.285 7.118
2009-09-17 0.285 7.223
2009-08-17 0.270 6.757
2009-07-20 0.270 7.028
2009-06-17 0.270 7.806
2009-05-15 0.255 7.694
2009-04-17 0.255 8.224

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Boyd Group Services is not paying a notable dividend for Canada, therefore no need to check if the payments are stable.
  • Boyd Group Services is not paying a notable dividend for Canada, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Boyd Group Services's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Boyd Group Services's dividends as it is not paying a notable one for Canada.
Future Payout to shareholders
  • No need to calculate the sustainability of Boyd Group Services's dividends in 3 years as they are not expected to pay a notable one for Canada.
X
Income/ dividend checks
We assess Boyd Group Services's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Boyd Group Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Boyd Group Services has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BYD Management

 What is the CEO of Boyd Group Services's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tim O'Day
COMPENSATION CA$1,478,622
AGE 60
TENURE AS CEO 0.3 years
CEO Bio

Mr. Timothy O'Day, also known as Tim, has been the Chief Executive Officer of Boyd Group Services Inc. (Boyd Group Income Fund) since January 2020 and its President since January 04, 2017. Mr. O'Day served as Chief Operating Officer of Boyd Group Services Inc. since January 04, 2017. He has operating responsibility for the entire firm, including operations in both the United States and Canada. He served as the President and Chief Operating Officer of U S Operations at Boyd from 2008 to January 2017. He served as the Chief Operating Officer at Gerber Collision & Glass Inc. He joined Gerber Collision & Glass Inc. in February 1998 and with Boyd Group's acquisition of Gerber in 2004, he was appointed Chief Operating Officer for Boyd's U.S. Operations. He served as the President and Chief Operating Officer of The Gerber Group, Inc. He was with Midas International, where he was elevated to Vice President of Western Division and responsible for a territory that encompassed 500 Midas locations. He served as President at Gerber Collision & Glass Inc. He served as the President and Chief Operating Officer at Arizona and Nevada Locations, Oklahoma Locations, Washington Locations, Illinois Locations and Georgia Locations at Boyd Group Income Fund. He served as Regional Chief Operating Officer of Illions and Indiana Operations at Boyd Group Income Fund. He has been a Non-Independent Trustee of Boyd Group Income Fund since March 22, 2012. He joined the Board of The Boyd Group Inc. and Boyd Group Holdings Inc. since March 22, 2012. Mr. O'Day holds a Bachelor's Degree in Business and Accounting from the Michigan State University.

CEO Compensation
  • Tim's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Tim's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Boyd Group Services management team in years:

5.2
Average Tenure
60
Average Age
  • The average tenure for the Boyd Group Services management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Brock Bulbuck

TITLE
Executive Chair
COMPENSATION
CA$3M
AGE
59

Tim O'Day

TITLE
CEO, President & Director
COMPENSATION
CA$1M
AGE
60
TENURE
0.3 yrs

Pat Pathipati

TITLE
Executive VP
COMPENSATION
CA$2M
TENURE
5.3 yrs

Kevin Burnett

TITLE
Chief Operating Officer of U.S. Collision
COMPENSATION
CA$870K

Vince Claudio

TITLE
Senior Vice-President of U.S. Collision
COMPENSATION
CA$832K

Tony Canade

TITLE
Chief Operating Officer of Canadian Operatons
TENURE
0.3 yrs

Stephen Boyd

TITLE
Vice President of Corporate Development
TENURE
5.3 yrs

Eddie Cheskis

TITLE
CEO of Glass America & Gerber National Claim Services
COMPENSATION
CA$527K
TENURE
5.2 yrs

Rex Dunn

TITLE
President of True2Form Collision Repair Centers
COMPENSATION
CA$557K
AGE
62
TENURE
9.8 yrs

Desmond D’Silva

TITLE
Chief Executive Officer of Assured Automotive Inc.
Board of Directors Tenure

Average tenure and age of the Boyd Group Services board of directors in years:

7.4
Average Tenure
61.5
Average Age
  • The tenure for the Boyd Group Services board of directors is about average.
Board of Directors

Al Davis

TITLE
Independent Chairman
COMPENSATION
CA$205K
AGE
64

Brock Bulbuck

TITLE
Executive Chair
COMPENSATION
CA$3M
AGE
59
TENURE
0.3 yrs

Tim O'Day

TITLE
CEO, President & Director
COMPENSATION
CA$1M
AGE
60
TENURE
8.1 yrs

Gene Dunn

TITLE
Independent Director
COMPENSATION
CA$118K
AGE
72
TENURE
17.3 yrs

Dave Brown

TITLE
Independent Director
COMPENSATION
CA$123K
AGE
59
TENURE
7.8 yrs

Sally Savoia

TITLE
Independent Director
COMPENSATION
CA$151K
AGE
63
TENURE
4.9 yrs

Rob Gross

TITLE
Independent Director
COMPENSATION
CA$140K
AGE
60
TENURE
7.4 yrs

Vi Konkle

TITLE
Independent Director
COMPENSATION
CA$108K
AGE
65
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Boyd Group Services's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Boyd Group Services has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BYD News

Simply Wall St News

BYD Company Info

Description

Boyd Group Services Inc. operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Services, Auto Glass Authority, and Autoglassonly.com names in the United States. In addition, the company operates a third party administrator, Gerber National Claims Services that offers glass, emergency roadside, and first notice of loss services. Boyd Group Services Inc. was founded in 1990 and is headquartered in Winnipeg, Canada.

Details
Name: Boyd Group Services Inc.
BYD
Exchange: TSX
Founded: 1990
CA$2,774,043,592
20,207,194
Website: http://www.boydgroup.com
Address: Boyd Group Services Inc.
1745 Ellice Avenue,
Unit C1,
Winnipeg,
Manitoba, R3H 1A6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX BYD Common Shares The Toronto Stock Exchange CA CAD 17. Nov 1999
OTCPK BFGI.F Common Shares Pink Sheets LLC US USD 17. Nov 1999
Number of employees
Current staff
Staff numbers
9,922
Boyd Group Services employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 03:29
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/03/31
Last earnings filing: 2020/03/18
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.