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BOY Bodycote Plc

704.00
17.00 (2.47%)
Last Updated: 08:14:06
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bodycote Plc LSE:BOY London Ordinary Share GB00B3FLWH99 ORD 17 3/11P
  Price Change % Change Share Price Shares Traded Last Trade
  17.00 2.47% 704.00 167 08:14:06
Bid Price Offer Price High Price Low Price Open Price
687.00 691.00 704.00 704.00 704.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Metalworking Machinery, Nec 802.5M 85.6M 0.4491 15.30 1.31B
Last Trade Time Trade Type Trade Size Trade Price Currency
08:12:18 O 80 687.00 GBX

Bodycote (BOY) Latest News

Bodycote (BOY) Discussions and Chat

Bodycote Forums and Chat

Date Time Title Posts
19/3/202409:28BODYCOTE....significantly undervalued889
25/7/201821:32Bodycote (BOY) One to Watch on Thursday -
28/11/200716:15Bodycote International148
20/5/200410:06jimbo5
02/1/200417:47BOYs Bottom...........?40

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Bodycote (BOY) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
07:12:18687.0080549.60O
07:00:30690.6072497.23O
07:00:15704.0015105.60UT
06:15:33687.006,02341,378.01O
06:15:33687.003,85726,497.59O

Bodycote (BOY) Top Chat Posts

Top Posts
Posted at 23/4/2024 09:20 by Bodycote Daily Update
Bodycote Plc is listed in the Metalworking Machinery, Nec sector of the London Stock Exchange with ticker BOY. The last closing price for Bodycote was 687p.
Bodycote currently has 190,603,804 shares in issue. The market capitalisation of Bodycote is £1,309,448,133.
Bodycote has a price to earnings ratio (PE ratio) of 15.30.
This morning BOY shares opened at 704p
Posted at 19/3/2024 09:28 by netcurtains
I'm hoping the share buybacks and relatively good trading news should eventually push this share to a price range between 700 and 800...

Would that be too optimistic a target? in that the share price in the past is not relevant as company is quite different now or is it still relevant?

And views?



People tell me the best way of telling if a business is doing well is to look at its CASH. If its getting bigger its potentially a good sign, if its getting smaller its potentially a bad sign.

This is what Bodycote say about CASH:

Improving cash flow conversion has been a significant focus during 2023 and reflecting this, cash generation improved
materially in the year. Headline operating cash flow rose to £139.5m (2022: £112.6m), as a result of higher headline
operating profit and improved working capital control through better receivables collection. Headline operating cash flow
conversion improved to 109% (2022: 100%). The statutory measure, net cash from operating activities, rose to £191.6m
(2022: £142.9m).
The Group generated a strong increase in free cash flow to £122.5m (2022: £84.0m) for the year with free cash flow
conversion of 96% compared to 75% for 2022. Net tax payments in 2023 were £9.0m (2022: £15.4m) with the reduction
reflecting receipt of tax refunds relating to prior years.
Closing net debt was £51.7m (2022: £99.4m). Excluding lease liabilities, the Group moved from a net debt position in
the prior year of £33.4m to a net cash position of £12.6m, an improvement of £46.0m. This improved balance sheet
position was achieved after paying £40.6m of dividends to shareholders and deploying £13.2m for the purchase of 2
million shares for the Employee Benefit Trust to satisfy future share-based payments under the Group’s share incentive
schemes (at an average price of £6.61).
Posted at 18/3/2024 16:16 by netcurtains
Thanks. This looks good.
SHARE BUYBACK...

GOOD RESULTS...

NICE CASH PILE...

AND TRENDY SECTORS.....


Could be good!!!

Thanks
Posted at 09/10/2023 07:31 by johnrxx99
Looks like a good strategic purchase in the US.

Stephen Harris, Group Chief Executive of Bodycote plc, commented:

"These investments are an important and exciting enabler of our strategy to further enhance and grow our Specialist Technologies businesses. In addition, they will also expand our footprint in Aerospace and Medical heat treatment on the West Coast and in Indiana in the US. The acquisitions will enhance group margins, are accretive to earnings per share and allow us to further capitalise on the structural growth opportunities in the Space, Civil Aerospace and Medical markets.

The proposed new HIP plant in greater Los Angeles will allow Bodycote to take advantage of the burgeoning HIP market in Space and Civil Aerospace in the region. It will require only modest investment as it utilises an existing Bodycote site and existing HIP vessels that are immediately available for installation.

Optimal allocation of capital to drive shareholder value remains a top priority for the Group and these investments reflect this."
Posted at 27/7/2023 07:33 by johnrxx99
Commenting, Stephen Harris, Group Chief Executive, said:

" We have delivered a strong performance in the first half, which was modestly ahead of our expectations and with broad-based growth across most of our end markets. In particular, we achieved good progress in our strategic focus areas of Specialist Technologies, Emerging Markets, Civil Aerospace and electric vehicles. We continue to manage inflationary cost pressures well through energy surcharges and price increases. The Group remains on track to achieve a margin in excess of 20% over the medium term.

Cash conversion improved and net debt reduced in the period. The strength of our balance sheet continues to provide options to drive shareholder value, in line with our disciplined capital allocation framework.

The strong first half performance underpins our confidence in delivering progress for the full year.

Looking beyond 2023, the Board remains confident in the Group's prospects for continued profitable growth. "
Posted at 27/7/2023 07:31 by johnrxx99
Fantastic half year results.

Half Half year
year to to
30 June 30 June
2023 2022

Operating profit GBP58.7m GBP45.0m
------------------------------------ --------- ----------
Profit after tax GBP42.9m GBP32.5m
------------------------------------ --------- ----------
Net cash from operating activities GBP92.5m GBP61.0m
------------------------------------ --------- ----------
Basic earnings per share 22.2p 16.9p
Posted at 17/3/2023 14:37 by kalai1
Bodycote Plc posted FY22 results titled “Strong growth; good prospects” this morning. Revenue increased by 20.8% to £743.6m, headline operating profit was up 18% to £112.2m, basic headline EPS was up 19% to 42.7p. The balance sheet strengthened with closing net debt down to £33.4m. Valuation is average for the sector with forward PE ratio of 13.6x and PS ratio near 1.7x. Share price is enjoying a 5 month rally off multi year lows. The business has recovered to pre-COVID levels, share price still has a fair way to go. BOY is a solid business, with solid b/s, decent profitability, ok valuation and some share price momentum. The dividend yield at 3.8% is even top quartile for the Machinery, Equipment & Components sector. BUY...

...from WealthOracle
Posted at 17/3/2023 07:14 by johnrxx99
IMO a solid set of results and inline with forecasts or a bit ahead in certain areas.

Bodes well for 2023 and beyond. I like they have offset inflation by price increases as they have market leadership.
Posted at 18/11/2022 11:58 by kalai1
Bodycote Plc issued a trading update for the 4 months ended 31 October 2022 this morning. Total Group revenue for the period grew by 29% on last year to £258m. The revenue figure benefits from price increases and energy surcharges of approximately 15% in total which have successfully covered all of the Group’s cost inflation in the period. So the business is growing back towards pre-COVID levels of activity and margins are being successfully defended. Management expect the Group to deliver FY22 results in-line with market expectations and the balance sheet remains solid with net debt at £59m. Valuation is average with forward PE ratio around 13.2x, PS close to 1.7x. Share price looks to be putting in a floor through H2, the macro environment is the main risk. BOY looks to be a solid Mid-cap Industrials name where business is recovering and at a decent price. But it is still a share to monitor for now...

...from WealthOracle

hxxps://wealthoracle.co.uk/detailed-result-full/BOY/623
Posted at 28/9/2022 10:23 by toffeeman
Well the tripple bottom seems to have gone - so for me it's about timing - I am about one third cash (wish it was 50%!) so I need to sort my target list currently:

BOY
SGRO
DGE
UPS
DIS
CP.
RMD
SHED
BBOX
PLTR
Posted at 28/9/2022 10:11 by toffeeman
will BOY reaching 400 coincide with a VIX above 40?
Bodycote share price data is direct from the London Stock Exchange

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