BLBDBlue Bird Corporation
Is the business good?
A genuinely good business: 8 of 9 health tests passed and earnings fully cash-backed (1.1×).
High fundamental quality. Nine pass/fail tests of year-over-year health from the filings.
Operating profit is fully backed by cash. Conversion is worsening vs a year ago.
Margins have held roughly steady, a stable cost structure.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is BLBD?
Blue Bird Corporation earns 24% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
Return on invested capital · cost of capital 9.0% · 15 points above what the capital costs: growth creates value
- Cash conversion
- 1.09×
Cash conversion · 1.57× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- +7.9%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2020 | 2.5% |
| FY2021 | 0.95% |
| FY2022 | −5.1% |
| FY2023 | 4.6% |
| FY2024 | 10% |
| FY2025 | 11% |
Details›
- Free cash flow, trailing twelve months
- $153M
- Net income, trailing twelve months
- $282M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 24%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Farm & Heavy Construction Machinery
Ranks #3 of 14 by RyuScore