Concrete Pumping Holdings (BBCP) AI Stock Analysis

• Market Cap: $375.76M
• Dividend Yield: N/A
• Average Volume (3M): 93.22K
• Price to Earnings (P/E): 44.1
• Beta (1Y): 1.05
• Revenue Growth: -8.98%
• EPS Growth: -38.23%
• Country: US
• Employees: 1,590
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.07
• Shares Outstanding: 51,474,450
• 10 Day Avg. Volume: 78,763
• 30 Day Avg. Volume: 93,224
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.08
• Enterprise Value/Revenue: 1.97
• Enterprise Value/Gross Profit: 5.07
• Enterprise Value/Ebitda: 7.92
• 1Y Price Target: $7.83
• Price Target Upside: 9.36% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 63 Neutral
• Price Target: $8.00 ▲(11.73% Upside)

Concrete Pumping Holdings has a stable operational performance with positive technical indicators, but faces significant financial risks due to high leverage and declining revenue growth. The high P/E ratio suggests overvaluation, and while the earnings call showed some resilience, the decline in net income and EBITDA remains a concern.

Positive Factors

Cash Flow Management

Effective cash flow management with robust free cash flow growth indicates strong operational efficiency and financial health, supporting long-term sustainability.

Resilience in Key Markets

Resilience in residential and infrastructure markets supports stable revenue streams, providing a buffer against broader market volatility.

Strong Liquidity Position

A strong liquidity position enhances financial flexibility, enabling strategic investments and cushioning against economic downturns.

Negative Factors

Revenue Decline

Declining revenue in a key segment could indicate weakening demand or competitive pressures, potentially impacting future growth prospects.

Decreased Profitability

Decreased profitability limits reinvestment opportunities and may strain financial resources, affecting long-term strategic initiatives.

Pricing Pressure

Ongoing pricing pressure can erode margins and reduce competitive advantage, challenging the company's ability to sustain profitability.

Concrete Pumping Holdings Business Overview & Revenue Model

Company Description

Concrete Pumping Holdings Inc. (BBCP) is a leading provider of concrete pumping and waste management services in the United States and the United Kingdom. The company operates through two primary segments: Concrete Pumping and Environmental Services, offering a range of services including the pumping of concrete for construction projects and the management of waste materials. BBCP focuses on providing high-quality, reliable, and efficient services to a diverse clientele in the construction sector.

How the Company Makes Money

Concrete Pumping Holdings generates revenue primarily through its concrete pumping services, which involve the transportation and placement of liquid concrete at construction sites. The company charges fees based on the volume of concrete pumped and the complexity of the job. Additional revenue streams include environmental services, where the company manages and disposes of waste materials from construction sites. BBCP has established significant partnerships with construction firms, which contribute to its steady stream of business. The company also benefits from a growing demand for infrastructure development and construction projects, positively impacting its earnings.

Concrete Pumping Holdings Financial Statement Overview

Summary

Concrete Pumping Holdings shows strength in operational efficiency and cash flow management, despite fluctuating revenue and declining net margins. The balance sheet remains stable, though attention to debt levels and profitability is needed to mitigate potential risks. Overall, the company is positioned well within the Engineering & Construction industry, but must focus on revenue growth and margin improvement.

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	395.56M	425.87M	442.24M	401.29M	315.81M	304.30M
Gross Profit	154.05M	165.83M	178.30M	163.61M	137.73M	137.30M
EBITDA	98.63M	107.30M	132.85M	121.45M	94.26M	29.84M
Net Income	10.48M	16.21M	31.79M	28.68M	-15.07M	-61.25M
Balance Sheet
Total Assets	886.03M	897.99M	904.52M	887.49M	792.66M	773.76M
Cash, Cash Equivalents and Short-Term Investments	41.00M	43.04M	15.86M	7.48M	9.30M	6.74M
Total Debt	442.42M	399.81M	416.19M	447.87M	370.45M	367.01M
Total Liabilities	599.71M	576.27M	596.28M	608.16M	530.09M	506.65M
Stockholders Equity	286.32M	346.71M	308.24M	279.33M	262.57M	267.11M
Cash Flow
Free Cash Flow	31.72M	43.09M	41.57M	-26.69M	12.29M	39.63M
Operating Cash Flow	72.28M	86.90M	96.88M	76.69M	75.83M	78.97M
Investing Cash Flow	-30.32M	-32.13M	-44.16M	-124.12M	-56.56M	-35.85M
Financing Cash Flow	-27.83M	-28.77M	-44.30M	45.98M	-15.95M	-43.93M

Concrete Pumping Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.16
• 50DMA: Positive
• 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 7.16 is above the 20-day moving average (MA) of 7.14, above the 50-day MA of 7.02, and above the 200-day MA of 6.63, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 54.86 is Neutral, neither overbought nor oversold. The STOCH value of 74.72 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	77 Outperform	725.91M	67.91	4.38%	―	19.48%	―
MTRX	64 Neutral	362.93M	-12.18	―	―	5.64%	-16.41%
ORN	64 Neutral	344.11M	30.73	6.82%	―	15.85%	―
BBCP	63 Neutral	$375.76M	44.09	3.32%	―	-8.98%	-38.23%
SLND	45 Neutral	240.26M	-2.96	-48.80%	―	-23.35%	-49.27%
VATE	41 Neutral	63.88M	-0.79	33.76%	―	-27.08%	-115.05%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

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.