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Bombardier

OTCPK:BDRA.F
Snowflake Description

Moderate growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BDRA.F
OTCPK
CA$5B
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Bombardier Inc., together with its subsidiaries, manufactures and sells transportation equipment worldwide. The last earnings update was 22 days ago. More info.


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BDRA.F Share Price and Events
7 Day Returns
4.5%
OTCPK:BDRA.F
0.5%
US Aerospace & Defense
0.5%
US Market
1 Year Returns
-10.5%
OTCPK:BDRA.F
23%
US Aerospace & Defense
16.1%
US Market
BDRA.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bombardier (BDRA.F) 4.5% 22.7% 26.6% -10.5% 4.6% -57.7%
US Aerospace & Defense 0.5% 5.6% 4.7% 23% 42.4% 73.6%
US Market 0.5% 3.9% 6.6% 16.1% 37.7% 43.7%
1 Year Return vs Industry and Market
  • BDRA.F underperformed the Aerospace & Defense industry which returned 23% over the past year.
  • BDRA.F underperformed the Market in United States of America which returned 16.1% over the past year.
Price Volatility
BDRA.F
Industry
5yr Volatility vs Market

BDRA.F Value

 Is Bombardier 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 Bombardier 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 Bombardier.

OTCPK:BDRA.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 17 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 OTCPK:BDRA.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Aerospace & Defense Unlevered Beta Simply Wall St/ S&P Global 0.87
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.875 (1 + (1- 26.5%) (269.42%))
2.077
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (2 * 5.96%)
14.65%

Discounted Cash Flow Calculation for OTCPK:BDRA.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Bombardier 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.

OTCPK:BDRA.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 14.65%)
2020 384.00 Analyst x11 334.93
2021 563.67 Analyst x9 428.82
2022 621.00 Analyst x1 412.07
2023 664.82 Est @ 7.06% 384.78
2024 703.10 Est @ 5.76% 354.93
2025 737.20 Est @ 4.85% 324.59
2026 768.26 Est @ 4.21% 295.05
2027 797.22 Est @ 3.77% 267.05
2028 824.78 Est @ 3.46% 240.97
2029 851.49 Est @ 3.24% 216.99
Present value of next 10 years cash flows $3,260.00
OTCPK:BDRA.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $851.49 × (1 + 2.73%) ÷ (14.65% – 2.73%)
$7,338.41
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $7,338.41 ÷ (1 + 14.65%)10
$1,870.09
OTCPK:BDRA.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $3,260.00 + $1,870.09
$5,130.09
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $5,130.09 / 2,374.72
$2.16
OTCPK:BDRA.F Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSX:BBD.B)
1.328
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $2.16 x 1.328
CA$2.87
Non-primary Listing Adjustment Factor 1 share in OTCPK:BDRA.F represents 0.75349x of TSX:BBD.B
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.75349x
Value per Share
(Listing Adjusted, USD)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 2.87 x 0.75349
$2.16
Value per share (USD) From above. $2.16
Current discount Discount to share price of $1.62
= -1 x ($1.62 - $2.16) / $2.16
25.1%

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

Current Discount
Amount off the current price Bombardier is available for.
Intrinsic value
25%
Share price is $1.62 vs Future cash flow value of $2.16
Current Discount Checks
For Bombardier to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Bombardier's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Bombardier's share price is below the future cash flow value, but not 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 Bombardier's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bombardier's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:BDRA.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.00
TSX:BBD.B Share Price ** TSX (2019-11-21) in CAD CA$2.15
TSX:BBD.B Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.753 $1.62
United States of America Aerospace & Defense Industry PE Ratio Median Figure of 34 Publicly-Listed Aerospace & Defense Companies 21.29x
United States of America Market PE Ratio Median Figure of 2,917 Publicly-Listed Companies 18.02x

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

** Primary Listing of Bombardier.

OTCPK:BDRA.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:BBD.B Share Price ÷ EPS (both in USD)

= 1.62 ÷ 0.00

-3854.07x

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

  • Bombardier is loss making, we can't compare its value to the US Aerospace & Defense industry average.
  • Bombardier is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Bombardier's expected growth come at a high price?
Raw Data
OTCPK:BDRA.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3854.07x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts
90.4%per year
United States of America Aerospace & Defense Industry PEG Ratio Median Figure of 28 Publicly-Listed Aerospace & Defense Companies 2.27x
United States of America Market PEG Ratio Median Figure of 2,043 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Bombardier, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bombardier's assets?
Raw Data
OTCPK:BDRA.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $-2.80
TSX:BBD.B Share Price * TSX (2019-11-21) in CAD CA$2.15
TSX:BBD.B Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.753 $1.62
United States of America Aerospace & Defense Industry PB Ratio Median Figure of 50 Publicly-Listed Aerospace & Defense Companies 2.62x
United States of America Market PB Ratio Median Figure of 5,089 Publicly-Listed Companies 1.75x
OTCPK:BDRA.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:BBD.B Share Price ÷ Book Value per Share (both in USD)

= 1.62 ÷ -2.80

-0.58x

* Primary Listing of Bombardier.

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

  • Bombardier has negative assets, we can't compare the value of its assets to the US Aerospace & Defense industry average.
X
Value checks
We assess Bombardier'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 Aerospace & Defense 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 Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. Bombardier has a total score of 1/6, 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.

BDRA.F Future Performance

 How is Bombardier expected to perform in the next 1 to 3 years based on estimates from 17 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
90.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bombardier expected to grow at an attractive rate?
  • Bombardier's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Bombardier's earnings growth is expected to exceed the United States of America market average.
  • Bombardier's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:BDRA.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:BDRA.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts 90.4%
OTCPK:BDRA.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 17 Analysts 5.3%
United States of America Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 10.7%
United States of America Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
OTCPK:BDRA.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:BDRA.F Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 19,743 1,347 969 2
2021-12-31 18,315 1,105 448 13
2020-12-31 18,005 1,054 79 17
2019-12-31 16,602 184 -74 16
2019-11-22
OTCPK:BDRA.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 15,855 -464 -1
2019-06-30 15,776 -48 242
2019-03-31 15,724 161 393
2018-12-31 16,236 597 236
2018-09-30 16,544 545 -2
2018-06-30 16,740 478 -196
2018-03-31 16,622 377 -490
2017-12-31 16,199 531 -521
2017-09-30 15,968 117 -588
2017-06-30 15,865 253 -584
2017-03-31 16,030 276 -888
2016-12-31 16,339 137 -1,054

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bombardier's earnings are expected to grow significantly at over 20% yearly.
  • Bombardier's revenue is expected to grow by 5.3% 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
OTCPK:BDRA.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below

All data from Bombardier Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:BDRA.F Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.39 0.39 0.39 1.00
2021-12-31 0.15 0.32 0.06 9.00
2020-12-31 0.06 0.26 -0.13 11.00
2019-12-31 -0.03 0.00 -0.06 10.00
2019-11-22
OTCPK:BDRA.F Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.00
2019-06-30 0.10
2019-03-31 0.17
2018-12-31 0.10
2018-09-30 0.00
2018-06-30 -0.09
2018-03-31 -0.22
2017-12-31 -0.24
2017-09-30 -0.27
2017-06-30 -0.27
2017-03-31 -0.40
2016-12-31 -0.48

*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.
  • Unable to establish if Bombardier will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Bombardier'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Bombardier has a total score of 3/6, 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.

BDRA.F Past Performance

  How has Bombardier 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 Bombardier's growth in the last year to its industry (Aerospace & Defense).
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.
  • Bombardier does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Bombardier's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Bombardier's 1-year growth to the US Aerospace & Defense industry average as it is not currently profitable.
Earnings and Revenue History
Bombardier'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 Bombardier Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:BDRA.F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 15,855.00 -1.00 1,136.00 239.00
2019-06-30 15,776.00 242.00 1,156.00 239.00
2019-03-31 15,724.00 393.00 1,202.00 218.00
2018-12-31 16,236.00 236.00 1,221.00 217.00
2018-09-30 16,544.00 -2.00 1,264.00 226.00
2018-06-30 16,740.00 -196.00 1,300.00 229.00
2018-03-31 16,622.00 -490.00 1,298.00 243.00
2017-12-31 16,199.00 -521.00 1,272.00 240.00
2017-09-30 15,968.00 -588.00 1,225.00 254.00
2017-06-30 15,865.00 -584.00 1,201.00 259.00
2017-03-31 16,030.00 -888.00 1,197.00 271.00
2016-12-31 16,339.00 -1,054.00 1,199.00 287.00
2016-09-30 16,976.00 -1,470.00 1,269.00 311.00
2016-06-30 17,378.00 -6,282.00 1,274.00 331.00
2016-03-31 17,689.00 -5,627.00 1,271.00 336.00
2015-12-31 18,172.00 -5,370.00 1,285.00 355.00
2015-09-30 19,115.00 -6,287.00 1,282.00 348.00
2015-06-30 19,883.00 -1,329.00 1,314.00 350.00
2015-03-31 20,154.00 -1,301.00 1,372.00 350.00
2014-12-31 20,111.00 -1,287.00 1,434.00 347.00
2014-09-30 19,475.00 399.00 1,443.00 318.00
2014-06-30 18,627.00 476.00 1,477.00 303.00
2014-03-31 18,166.00 503.00 1,514.00 299.00
2013-12-31 18,151.00 532.00 1,530.00 293.00
2013-09-30 17,452.00 430.00 1,545.00 313.00
2013-06-30 17,605.00 453.00 1,562.00 317.00
2013-03-31 17,272.00 421.00 1,555.00 304.00
2012-12-31 16,414.00 431.00 1,582.00 299.00

*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.
  • It is difficult to establish if Bombardier has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Bombardier used its assets less efficiently than the US Aerospace & Defense industry average last year based on Return on Assets.
  • It is difficult to establish if Bombardier improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Bombardier'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 Aerospace & Defense 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.
Bombardier has a total score of 0/6, 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.

BDRA.F Health

 How is Bombardier'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 Bombardier's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bombardier's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Bombardier's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Bombardier'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.
  • Bombardier has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 Bombardier Company Filings, last reported 1 month ago.

OTCPK:BDRA.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 -4,680.00 9,841.00 2,455.00
2019-06-30 -4,352.00 9,835.00 3,146.00
2019-03-31 -4,100.00 9,765.00 3,518.00
2018-12-31 -4,014.00 9,062.00 3,397.00
2018-09-30 -3,754.00 9,136.00 2,475.00
2018-06-30 -3,829.00 9,140.00 3,015.00
2018-03-31 -4,284.00 9,217.00 3,144.00
2017-12-31 -4,695.00 9,218.00 3,403.00
2017-09-30 -3,623.00 9,008.00 2,255.00
2017-06-30 -3,825.00 8,864.00 2,633.00
2017-03-31 -3,555.00 8,868.00 3,201.00
2016-12-31 -3,489.00 8,769.00 3,720.00
2016-09-30 -3,865.00 9,047.00 3,770.00
2016-06-30 -3,918.00 9,107.00 3,816.00
2016-03-31 -3,442.00 9,051.00 3,793.00
2015-12-31 -4,054.00 8,979.00 3,170.00
2015-09-30 -3,660.00 9,098.00 2,888.00
2015-06-30 1,459.00 9,012.00 3,610.00
2015-03-31 562.00 9,853.00 5,349.00
2014-12-31 55.00 7,684.00 3,019.00
2014-09-30 1,932.00 7,669.00 2,509.00
2014-06-30 2,322.00 7,776.00 3,044.00
2014-03-31 2,252.00 7,272.00 3,187.00
2013-12-31 2,449.00 7,272.00 4,034.00
2013-09-30 2,152.00 7,240.00 3,248.00
2013-06-30 1,863.00 7,181.00 3,695.00
2013-03-31 1,464.00 7,257.00 4,232.00
2012-12-31 1,257.00 5,413.00 3,000.00
  • Bombardier has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Bombardier's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Bombardier has sufficient cash runway for 2 years based on current free cash flow.
  • Unable to confirm if Bombardier has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Bombardier'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. Bombardier has a total score of 1/6, 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.

BDRA.F Dividends

 What is Bombardier'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%
Current annual income from Bombardier dividends. Estimated to be 0.2% next year.
If you bought $2,000 of Bombardier shares you are expected to receive $0 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?
  • Unable to evaluate Bombardier's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bombardier's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
OTCPK:BDRA.F 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 17 Analyst Estimates (S&P Global) See Below
United States of America Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 1.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1954 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

OTCPK:BDRA.F Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 0.00 5.00
2020-12-31 0.00 6.00
2019-12-31 0.00 6.00
2019-11-22
OTCPK:BDRA.F Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2016-11-10 0.000 0.000
2016-08-05 0.000 0.000
2016-04-28 0.000 0.000
2016-02-17 0.000 0.000
2015-02-12 0.069 6.243
2014-07-31 0.080 2.777
2014-05-01 0.093 2.648
2014-02-13 0.090 2.599
2013-10-31 0.091 2.295
2013-08-01 0.096 2.075
2013-05-09 0.096 2.133
2013-02-21 0.099 2.509
2012-11-07 0.100 2.772
2012-08-09 0.101 2.776
2012-05-10 0.097 2.651
2012-03-01 0.101 2.485
2011-12-01 0.098 2.388
2011-08-31 0.096 2.485
2011-06-01 0.102 1.704
2011-03-31 0.104 1.481
2010-12-02 0.100 1.798
2010-09-01 0.096 2.048
2010-06-02 0.095 2.141
2010-04-01 0.094 1.945
2009-12-04 0.094 1.906
2009-09-02 0.092 2.163
2009-06-03 0.087 2.777
2009-04-02 0.082 2.754
2008-12-04 0.078 2.898

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

  • Unable to perform a dividend volatility check as Bombardier has not reported any payouts.
  • Unable to verify if Bombardier's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bombardier's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bombardier has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Bombardier's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Bombardier's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Bombardier afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bombardier 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.

BDRA.F Management

 What is the CEO of Bombardier'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
Alain Bellemare
COMPENSATION $10,630,900
AGE 58
TENURE AS CEO 4.8 years
CEO Bio

Mr. Alain M. Bellemare has been the President and Chief Executive Officer of Bombardier Inc. since February 13, 2015. Mr. Bellemare served as the Chief Executive Officer and President of UTC Propulsion & Aerospace Systems at United Technologies Corporation from July 26, 2012 to January 31, 2015. He served as the President and Chief Operating Officer of UTC Propulsion and Aerospace Systems since September 2011. He served as the President of Hamilton Sundstrand at Hamilton Sundstrand Corporation since January 1, 2009. He served as the President of Pratt & Whitney Canada Corp. until December 31, 2008. He served as an Executive Vice President of Pratt & Whitney Strategy & Development since April 1, 2007 and as its Vice President of Operations since 1997. He joined Pratt & Whitney Canada as Vice President of Manufacturing in October 1996 and later served as its Executive Vice President of Manufacturing since June 2001. Prior to joining Pratt & Whitney Canada, Mr. Bellemare spent more than 12 years in a variety of engineering & manufacturing positions with Kraft Canada and Crown Cork & Seal Canada Inc. as Project Engineer from 1984 to 1985 and Business Unit Manager, Production and Maintenance, from 1985 to 1987. He served as Plant Production Manager since 1987 and served as Manager of Engineering, Capital Projects, of Kraft General Foods Canada from 1989 to 1992 and Manager of Engineering, Maintenance and Manufacturing Information Systems, from 1992 to 1994. He served as Operations Manager for Kraft Canada Inc. from 1994 to 1996. He also oversaw a substantial ramp-up in production capacity for smaller engines in the PW610 family that power Very Light Jets such as the Eclipse 500, Cessna Citation Mustang and the Embraer Phenom 100. He has been a Director of Bombardier Inc. since February 13, 2015. He has been a Director of The Conference Board of Canada. He is also a Member of the Board of the General Aviation Manufacturers Association. He is a Member of the Board of Directors of Smithsonian National Air and Space Museum. Mr. Bellemare is a Winner of the 1995 Quebec Arista Award for Young Executive of Quebec in recognition of his job performance and accomplishments. In 2001, he was honored as New Performer in the Top Leaders category in recognition of his excellence in management. In 2006, he received the McGill Management Achievement Award for his community involvement and contributions to the Canadian economy. In 2001, he was honored as Nouveau Performant in recognition for his excellence in management. In 2007, he was awarded an Exceptional Recognition from the Mouvement Québécois de la Qualité and the Quebec Government for his outstanding contribution to the advancement of quality. In 2007, he received the prestigious Flight magazine Publisher’s Award. He joined the ranks of the Top 40 Under 40™ in recognition of his achievements, vision and leadership. He received Scholarship in 1983 from the Canadian and French governments to pursue studies in Aeronautical Engineering at École nationale supérieure d’ingénieurs en construction aéronautique (ENSICA), Toulouse, France. Mr. Bellemare earned an MBA from McGill University in 1993 and a Bachelor’s Degree in Mechanical Engineering from the University of Sherbrooke in 1984. He specialized in Aeronautical Engineering at École Nationale Supérieure d’Ingénieurs en Construction Aéronautique (ENSICA) in Toulouse, France.

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

Average tenure and age of the Bombardier management team in years:

3.6
Average Tenure
56
Average Age
  • The tenure for the Bombardier management team is about average.
Management Team

Alain Bellemare

TITLE
President
COMPENSATION
$11M
AGE
58
TENURE
4.8 yrs

John Di Bert

TITLE
Senior VP & CFO
COMPENSATION
$5M
TENURE
4.3 yrs

Fred Cromer

TITLE
President of Commercial Aircraft
COMPENSATION
$5M
AGE
54
TENURE
4.6 yrs

David Coleal

TITLE
President of Aviation
COMPENSATION
$5M
AGE
51
TENURE
4.4 yrs

François Caza

TITLE
Chief Technology Officer
TENURE
1 yrs

Jeff Hutchinson

TITLE
Chief Information Officer
TENURE
2.6 yrs

Patrick Ghoche

TITLE
Vice President of Investor Relations
TENURE
3.8 yrs

Steeve Robitaille

TITLE
Senior VP
TENURE
0.5 yrs

Mike Nadolski

TITLE
Vice President of Communications & Public Affairs
TENURE
3.4 yrs

Dan Brennan

TITLE
Senior Vice President of Human Resources
AGE
63
TENURE
2.8 yrs
Board of Directors Tenure

Average tenure and age of the Bombardier board of directors in years:

3.6
Average Tenure
58
Average Age
  • The tenure for the Bombardier board of directors is about average.
Board of Directors

Pierre Beaudoin

TITLE
Chairman of the Board of Directors
AGE
56
TENURE
4.8 yrs

Alain Bellemare

TITLE
President
COMPENSATION
$11M
AGE
58
TENURE
4.8 yrs

Jianwei Zhang

TITLE
Chairman of Bombardier China & President of Bombardier Transportation China
TENURE
1.3 yrs

Martha Brooks

TITLE
Corporate Director
COMPENSATION
$175K
AGE
60
TENURE
10.3 yrs

Vikram Pandit

TITLE
Lead Director
COMPENSATION
$198K
AGE
62

August Henningsen

TITLE
Corporate Director
COMPENSATION
$173K
AGE
68
TENURE
3.6 yrs

Doug Oberhelman

TITLE
Corporate Director
COMPENSATION
$163K
AGE
65
TENURE
2 yrs

Diane Giard

TITLE
Corporate Director
COMPENSATION
$163K
AGE
58
TENURE
1.9 yrs

Joanne Bissonnette

TITLE
Corporate Director
COMPENSATION
$150K
AGE
57
TENURE
7.5 yrs

Beatrice di Mauro

TITLE
Corporate Director
COMPENSATION
$163K
AGE
54
TENURE
3.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Bombardier'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. Bombardier 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.

BDRA.F News

Simply Wall St News

BDRA.F Company Info

Description

Bombardier Inc., together with its subsidiaries, manufactures and sells transportation equipment worldwide. The company operates in four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment designs, manufactures, and markets business jets, as well as provides aftermarket support services. The Commercial Aircraft segment designs and manufactures a portfolio of commercial aircraft in the 50- to 100-seat categories, including the CRJ550, CRJ700, CRJ900, and CRJ1000 regional jets, as well as the Q400 turboprop. This segment also provides aftermarket services and support. The Aerostructures and Engineering Services segment designs, develops, and manufactures aircraft structural components, such as engine nacelles, fuselages, and wings; and provides aftermarket component repair, overhaul, and other engineering services. The Transportation segment offers a range of products and services in the rail industry, including trains, subsystems, system integration, and signaling solutions. Bombardier Inc. was founded in 1942 and is headquartered in Montreal, Canada.

Details
Name: Bombardier Inc.
BDRA.F
Exchange: OTCPK
Founded: 1942
CA$3,848,630,283
2,374,722,200
Website: http://www.bombardier.com
Address: Bombardier Inc.
800 René-Lévesque Boulevard West,
Montreal,
Quebec, H3B 1Y8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX BBD.B Class B Common Shares The Toronto Stock Exchange CA CAD 11. Feb 1981
OTCPK BDRB.F Class B Common Shares Pink Sheets LLC US USD 11. Feb 1981
DB BBDB Class B Common Shares Deutsche Boerse AG DE EUR 11. Feb 1981
LSE 0QZP Class B Common Shares London Stock Exchange GB CAD 11. Feb 1981
BMV BBDB N Class B Common Shares Bolsa Mexicana de Valores MX MXN 11. Feb 1981
TSX BBD.A Class A Common Shares The Toronto Stock Exchange CA CAD 04. Sep 1973
TSX BBD.PRD PFD S-3 ADJ R The Toronto Stock Exchange CA CAD 26. Jul 2002
TSX BBD.PRB PFD SER 2 ADJ The Toronto Stock Exchange CA CAD 22. May 1997
TSX BBD.PRC PFD 4 6.25% The Toronto Stock Exchange CA CAD 08. Mar 2002
OTCPK BOMB.F PFD S-3 ADJ R Pink Sheets LLC US USD 26. Jul 2002
OTCPK BDRX.F PFD 4 6.25% Pink Sheets LLC US USD 08. Mar 2002
OTCPK BDRA.F Class A Common Shares Pink Sheets LLC US USD 04. Sep 1973
OTCPK BDRP.F PFD SER 2 ADJ Pink Sheets LLC US USD 22. May 1997
DB BBD1 Class A Common Shares Deutsche Boerse AG DE EUR 04. Sep 1973
Number of employees
Current staff
Staff numbers
56,920
Bombardier employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/22 00:03
End of day share price update: 2019/11/21 00:00
Last estimates confirmation: 2019/11/15
Last earnings filing: 2019/10/31
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


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.