Concrete Pumping Holdings (BBCP) AI Stock Analysis

• Market Cap: $329.34M
• Dividend Yield: N/A
• Average Volume (3M): 104.01K
• Price to Earnings (P/E): 27.4
• Beta (1Y): 0.97
• Revenue Growth: -9.91%
• EPS Growth: -25.58%
• Country: US
• Employees: 1,590
• Sector: Industrials
• Sector Strength: 86
• Industry: Engineering & Construction
• EPS (TTM): -0.01
• Shares Outstanding: 52,028,120
• 10 Day Avg. Volume: 99,049
• 30 Day Avg. Volume: 104,013
• PEG Ratio: -1.11
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.03
• Enterprise Value/Market Cap: 2.21
• Enterprise Value/Revenue: 0.43
• Enterprise Value/Gross Profit: 4.61
• Enterprise Value/Ebitda: 1.71
• 1Y Price Target: $6.00
• Price Target Upside: -5.21% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 64 Neutral
• Price Target: $6.50 ▲(2.69%Upside)

The overall score of 64 reflects a company with solid operational efficiency and cash flow management but challenged by high valuation and negative earnings sentiment. The mixed technical indicators and reduced fiscal guidance further weigh on the stock's attractiveness.

Positive Factors

Concrete Waste Management

Infrastructure-related work and concrete waste management business remain strong.

Infrastructure Projects

Infrastructure projects continue to progress at a healthy clip in both the U.K. and U.S. markets, as investment dollars continue to flow to state-level infrastructure projects.

Negative Factors

Guidance and Outlook

Fiscal 2025 Outlook was lowered for the second quarter in a row, primarily due to continued softness in commercial construction end-markets driven by the higher-for-longer rate environment and project deferrals related to tariff and tax policy uncertainty.

Residential End-Market Trends

Management noted softening residential end-market trends for the first time, primarily driven by pockets of demand weakness in oversaturated markets driving increased competition and soft pricing conditions.

Revenue Performance

Revenue of $94.0 million was below the consensus estimate of $98.5 million.

Concrete Pumping Holdings Business Overview & Revenue Model

Company Description

Concrete Pumping Holdings, Inc. (BBCP) is a leading provider of concrete pumping services and concrete waste management solutions in the United States and the United Kingdom. The company operates through its subsidiaries, Brundage-Bone Concrete Pumping, which is the largest concrete pumping service provider in North America, and Camfaud Concrete Pumps, which is a major player in the UK market. Concrete Pumping Holdings offers a full range of concrete pumping equipment, along with highly trained operators, to support a variety of construction projects, from residential and commercial buildings to infrastructure and industrial developments.

How the Company Makes Money

Concrete Pumping Holdings generates revenue primarily through the rental of concrete pumping equipment and the provision of concrete pumping services. The company's business model revolves around renting out its extensive fleet of specialized pumping equipment, such as truck-mounted concrete pumps and telebelts, to contractors and construction companies for use in various building projects. Additionally, the company employs skilled operators who provide on-site services, ensuring the efficient and safe use of the equipment. Concrete Pumping Holdings also benefits from long-term relationships with construction firms, infrastructure developers, and governmental agencies, which contribute to a stable and recurring revenue stream. The company may also engage in partnerships or strategic acquisitions to expand its market presence and service offerings, further enhancing its revenue potential.

Concrete Pumping Holdings Financial Statement Overview

Summary

Concrete Pumping Holdings demonstrates strong cash flow management and operational efficiency, with positive free cash flow growth and robust operating cash flow conversion. However, declining net profit margins and inconsistent revenue growth present challenges. The balance sheet is stable, with a moderate debt-to-equity ratio, but profitability pressures persist.

Income Statement

The company has shown a stable gross profit margin with TTM at 39.38%, indicating effective cost management. However, net profit margin has decreased to 3.57%, highlighting potential cost pressures or increased expenses. Revenue growth has been inconsistent with a recent decline of 9.24% in TTM compared to the previous year. EBIT and EBITDA margins remain healthy at 11.85% and 25.66%, respectively, reflecting solid operational efficiency despite the revenue drop.

Balance Sheet

The balance sheet presents a moderate debt-to-equity ratio of 1.69, which suggests a balanced approach to leverage but indicates potential risks if earnings pressure persists. Return on Equity (ROE) decreased to 5.48% in TTM, showing lower profitability for equity investors. However, the equity ratio remains stable at 29.80%, pointing to a solid asset base supported by equity.

Cash Flow

The company has demonstrated strong cash flow management with a positive free cash flow growth of 24.74% in TTM, despite fluctuating capital expenditures. The operating cash flow to net income ratio is robust at 6.15, signifying effective conversion of income to cash. The free cash flow to net income ratio of 3.75 also highlights efficient cash generation relative to profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	401.50M	425.87M	442.24M	401.29M	315.81M	304.30M
Gross Profit	158.17M	165.83M	178.30M	163.61M	137.73M	137.30M
EBITDA	103.02M	107.30M	132.85M	121.45M	94.26M	29.84M
Net Income	14.34M	16.21M	31.79M	28.68M	-15.07M	-61.25M
Balance Sheet
Total Assets	878.79M	897.99M	904.52M	887.49M	792.66M	773.76M
Cash, Cash Equivalents and Short-Term Investments	37.79M	43.04M	15.86M	7.48M	9.30M	6.74M
Total Debt	442.62M	399.81M	416.19M	447.87M	370.45M	367.01M
Total Liabilities	616.95M	576.27M	596.28M	608.16M	530.09M	506.65M
Stockholders Equity	261.85M	321.71M	308.24M	279.33M	262.57M	267.11M
Cash Flow
Free Cash Flow	53.74M	43.09M	41.57M	-26.69M	12.29M	39.63M
Operating Cash Flow	88.22M	86.90M	96.88M	76.69M	75.83M	78.97M
Investing Cash Flow	-24.81M	-32.13M	-44.16M	-124.12M	-56.56M	-35.85M
Financing Cash Flow	-44.58M	-28.77M	-44.30M	45.98M	-15.95M	-43.93M

Concrete Pumping Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.33
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BBCP, the sentiment is Positive. The current price of 6.33 is above the 20-day moving average (MA) of 6.22, below the 50-day MA of 6.52, and above the 200-day MA of 6.11, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 49.61 is Neutral, neither overbought nor oversold. The STOCH value of 72.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BBCP.

Concrete Pumping Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BWMN	72 Outperform	$493.38M	194.80	1.25%	―	21.78%	―
ORN	70 Outperform	$358.75M	147.96	2.25%	―	15.58%	―
Sector *	65 Neutral	$10.69B	15.75	5.51%	1.90%	2.72%	-26.43%
BBCP	64 Neutral	$329.34M	27.36	4.58%	―	-9.91%	-25.58%
MTRX	63 Neutral	$385.17M	―	-14.26%	―	-0.29%	-6.77%
SLND	57 Neutral	$236.50M	―	-53.62%	―	-20.63%	-611.23%
VATE	47 Neutral	$74.39M	―	17.11%	―	-24.94%	51.41%

Concrete Pumping Holdings Corporate Events

Concrete Pumping Holdings Completes $425M Note Offering

On February 3, 2025, Concrete Pumping Holdings, Inc. announced the successful completion of a private offering of $425 million in senior secured second lien notes due 2032, intended to refinance existing debt and support a special one-time dividend of $1.00 per share. This strategic financial move underscores the company’s solid operating performance and commitment to shareholder value while maintaining liquidity for future growth.