BCPC - Intrinsic Value and Financial Analysis - Balchem Corporation

Balchem Corporation BCPC

Basic Materials - Chemicals - Specialty - NASDAQ - US

Watchlist

$ 177.77

0.537 %

$ 5.78 B

Market Cap

47.92

P/E

BALANCE SHEET

1.63 B ASSETS

Growth Rates

1Year 0.04%

3Years 11.71%

5Years 10.61%

7Years 7.99%

10Years 15.74%

571 M LIABILITIES

Growth Rates

1Year -16.77%

3Years 19.16%

5Years 14.54%

7Years 4.22%

10Years 28.78%

1.05 B EQUITY

Growth Rates

1Year 12.33%

3Years 8.37%

5Years 8.79%

7Years 10.59%

10Years 12.27%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Balchem Corporation

1.63 B ASSETS
571 M LIABILITIES

Current Assets	314 M
Cash & Short-Term Investments	64.4 M
Receivables	125 M
Other Current Assets	125 M
Non-Current Assets	1.31 B
Long-Term Investments	4.08 M
PP&E	296 M
Other Non-Current Assets	1.01 B

Current Liabilities	148 M
Accounts Payable	55.5 M
Short-Term Debt	8.44 M
Other Current Liabilities	84.5 M
Non-Current Liabilities	423 M
Long-Term Debt	326 M
Other Non-Current Liabilities	96.6 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995	Dec-1994	Dec-1993	Dec-1992	Dec-1991	Dec-1990	Dec-1989	Dec-1988	Dec-1987	Dec-1986	Dec-1985
ASSETS
Cash & Cash Equivalents	64.4	66.6	103.2	84.6	65.7	54.3	40.4	38.6	84.8	50.3	208.7	144.7	114.8	77.3	46.4	3.4	2.3	5.2	13.0	12.7	9.2	1.7	3.1	3.1	1.7	1.3	0.7	100 K	0.2	0	100 K	0	0	0	0	0	0.2	0	0
Short Term Investments	0	1.4	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Receivables	125.3	131.6	117.4	98.2	93.4	99.5	91.2	83.3	60.5	72.0	39.4	42.0	34.4	32.0	29.1	30.2	29.6	11.6	11.5	8.0	7.2	7.2	7.1	5.0	4.0	3.3	3.1	3.0	3.1	2.6	2.2	1.2	1.6	1.3	1.3	1.3	0.8	0.8	0.9
Inventory	109.5	119.7	91.1	70.6	83.9	67.2	60.7	57.2	46.1	49.6	24.8	20.7	18.6	15.7	14.0	16.6	15.7	9.9	8.5	6.3	6.0	7.2	5.6	2.6	2.7	2.9	2.5	1.9	1.9	1.3	1.0	0.9	1.0	0.9	0.5	1.1	0.5	0.4	0.3
Other Current Assets	15.0	18.0	10.5	13.5	11.9	5.3	7.0	9.3	6.9	9.4	4.8	4.5	7.9	4.6	3.5	5.0	4.8	2.2	2.2	2.2	1.2	2.7	1.2	0.7	0.7	0.9	1.0	0.6	0.6	0.5	0.3	0.7	0.5	0.3	0.3	0.2	0.3	0.2	0.2
Total Current Assets	314.2	335.8	322.2	266.9	254.9	226.3	199.3	188.4	198.8	181.3	277.8	211.9	175.7	129.7	93.0	55.3	52.5	28.9	35.3	29.2	23.6	18.8	17.0	11.4	9.1	8.4	7.3	5.6	5.8	4.4	3.6	2.8	3.1	2.5	2.1	2.6	1.8	1.4	1.4
PP&E	295.9	290.8	246.8	236.5	224.2	194.3	189.8	165.8	158.5	131.6	54.9	52.7	44.3	43.4	41.6	42.5	42.1	31.3	24.4	24.2	25.6	25.9	17.9	7.8	7.8	8.1	7.3	7.5	7.8	7.5	5.3	4.5	4.4	3.4	3.3	3.1	3.0	2.4	2.2
Intangible Assets	191.2	213.3	94.7	121.7	143.9	106.0	128.1	147.5	134.9	160.4	15.1	18.9	22.7	26.6	26.5	30.0	33.5	6.9	2.1	0.6	1.3	2.2	9.5	4.1	5.1	6.1	2.9	2.0	0.6	0.4	0.3	0.2	100 K	0	0	0	0	0	0
Goodwill	778.9	769.5	523.9	529.5	524.0	448.0	441.4	439.8	383.9	383.6	28.5	28.5	28.5	28.5	26.7	26.7	26.4	25.3	13.3	6.4	6.4	6.4	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	4.1	4.3	(46.5)	(51.4)	(56.4)	4.9	4.8	4.6	(0.8)	(1.4)	(0.9)	(48.0)	(0.6)	(0.6)	(0.9)	0	(0.5)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	12.9	(52.0)	11.7	11.3	8.6	(42.5)	(48.3)	1.9	5.1	4.3	0.5	47.9	0.5	0.4	60 K	59 K	61 K	0	0	0	0	0	0	0	0	0	100 K	0	100 K	0	0	100 K	0	100 K	100 K	100 K	0	0	0
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	1 625.1	1 624.5	1 199.3	1 165.8	1 155.7	981.4	963.6	948.6	881.2	861.3	376.9	312.5	271.7	228.6	187.8	154.5	154.4	92.3	75.1	60.4	56.9	53.3	44.5	23.2	22.0	22.6	17.6	15.1	14.3	12.3	9.2	7.6	7.6	6.0	5.5	5.8	4.8	3.8	3.6
LIABILITIES
Accounts Payable	55.5	57.3	56.2	23.7	37.3	33.8	28.5	32.5	14.7	24.4	12.4	14.3	11.5	9.8	10.9	10.3	11.2	3.0	2.6	1.5	1.3	2.8	2.9	1.0	0.6	1.1	2.7	2.5	2.5	2.1	1.0	1.1	1.4	0.8	0.7	0	0	0	0
Short Term Debt	8.4	8.0	4.7	4.7	5.0	0	35.0	35.0	32.3	35.0	0	0	1.4	1.5	6.8	4.9	10.6	0	0	0	1.7	1.7	1.7	0	0.6	1.2	0.8	0.7	0.8	1.2	1.4	0.9	0.4	0.4	0.5	0.2	0.3	0.3	0.3
Other Current Liabilities	79.6	72.4	81.5	62.6	44.9	48.3	44.9	33.5	26.0	34.0	22.5	15.6	13.8	17.1	13.1	10.4	12.5	6.5	6.6	4.2	3.1	3.4	1.8	2.3	1.6	1.2	100 K	0.3	100 K	100 K	0.2	0	100 K	100 K	0	2.1	1.2	0.8	0.8
Total Current Liabilities	148.5	140.0	143.8	94.4	92.3	82.1	108.4	101.0	81.1	95.5	35.8	30.2	30.9	29.5	33.8	25.7	36.3	9.6	9.2	5.7	6.1	7.9	6.5	3.3	2.8	3.5	3.6	3.5	3.4	3.4	2.6	2.0	1.9	1.3	1.2	2.3	1.5	1.1	1.1
Long Term Debt	326.1	456.6	115.7	169.6	253.4	156.0	184.0	245.5	261.0	297.5	0	3.4	23 K	3.4	0	6.7	17.4	0	0	0	7.8	9.6	11.3	0	0.7	2.6	0.8	1.4	2.7	2.3	1.0	0.6	1.0	0.6	0.8	0.3	0.5	0.4	0.6
Deferred Tax Income	80.0	62.8	46.5	51.4	56.4	44.3	48.5	74.2	67.2	70.4	5.9	5.9	6.0	5.6	5.0	6.0	6.1	6.6	4.0	3.5	2.2	1.6	0.4	0.2	0.4	0.5	0.5	0.5	0.7	0.6	0.4	0.4	0.4	0.4	0.4	0.3	0.3	0.2	0
Other Liabilities	44.5	89.6	16.4	22.2	9.9	7.4	54.4	6.9	6.7	6.0	3.9	0	2.8	2.6	1.8	1.6	1.5	0.8	1.0	1.0	1.0	1.0	1.0	0.1	0.2	0.2	0.4	0.3	100 K	100 K	100 K	100 K	100 K	0	0	100 K	100 K	0	100 K
Total Liabilities	571.2	686.2	322.3	337.6	412.0	289.7	346.8	427.6	417.5	469.4	45.5	39.5	39.7	41.2	40.7	40.0	61.3	17.0	14.2	10.2	17.1	20.0	19.1	3.6	4.1	6.8	5.3	5.7	6.9	6.4	4.1	3.1	3.2	2.3	2.4	3.0	2.4	1.7	1.8
EQUITY
Common Stock	2.2	2.1	2.2	2.2	2.2	2.2	2.1	2.1	2.1	2.1	2.0	2.0	1.9	1.9	1.9	0.8	0.8	0.8	0.8	0.5	0.3	0.3	0.3	0.3	0.3	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	897.5	814.5	732.1	656.7	590.9	528.0	464.6	388.1	344.2	295.2	251.6	214.6	181.1	147.5	118.6	94.9	77.8	64.0	53.3	43.4	36.1	30.8	23.8	19.0	15.5	12.7	9.9	7.3	5.5	4.0	3.2	2.7	2.6	1.9	1.3	1.1	0.7	0.4	100 K
Other Accumulative Comprehensive Income/Loss	8.7	(7.2)	(5.0)	4.2	(5.6)	(3.6)	(1.6)	(6.8)	(5.1)	(2.7)	0.2	(0.8)	(0.9)	(0.5)	0.2	8 K	0.1	0.2	(17.9)	(15.3)	(12.8)	(11.0)	(9.2)	(7.9)	(7.0)	(6.0)	(5.2)	(7.2)	(6.1)	(5.4)	(4.8)	(4.2)	(3.7)	(3.2)	(2.8)	(2.4)	(2.0)	(1.8)	(1.5)
Total Equity	1 054.0	938.3	877.0	828.2	743.7	691.6	616.9	521.0	463.7	391.9	331.4	273.0	232.0	187.5	147.1	114.5	93.1	75.4	60.9	50.2	39.8	33.3	25.3	19.6	17.9	15.8	12.3	9.4	7.4	5.9	5.1	4.5	4.4	3.7	3.1	2.8	2.4	2.1	1.8
Total Liabilities and Equity	1 625.1	1 624.5	1 199.3	1 165.8	1 155.7	981.4	963.6	948.6	881.2	861.3	376.9	312.5	271.7	228.6	187.8	154.5	154.4	92.3	75.1	60.4	56.9	53.3	44.5	23.2	22.0	22.6	17.6	15.1	14.3	12.3	9.2	7.6	7.6	6.0	5.5	5.8	4.8	3.8	3.6
SHARES OUTSTANDING
Common Shares Outstanding	32.1	32.0	32.2	32.2	32.1	32.3	32.0	31.8	31.2	30.8	29.6	29.5	28.6	28.0	28.9	27.0	26.6	26.3	26.1	25.4	24.4	24.1	23.5	23.6	24.5	24.9	24.4	23.7	24.3	22.5	23.3	25.3	23.8	21.7	21.7	22.5	25.3	25.3	22.5

Balance Sheet

Premium Plan

Unlimited Plan