(BHE) Benchmark Electronics - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US08160H1014
Stock: Design, Engineering, Manufacturing, Testing, Integration
Total Rating 63
Risk 89
Buy Signal 1.23
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.73% |
| Yield on Cost 5y | 2.70% |
| Yield CAGR 5y | 0.94% |
| Payout Consistency | 98.9% |
| Payout Ratio | 28.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 37.6% |
| Relative Tail Risk | -12.7% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.98 |
| Alpha | 22.13 |
| Character TTM | |
|---|---|
| Beta | 1.239 |
| Beta Downside | 1.144 |
| Drawdowns 3y | |
|---|---|
| Max DD | 36.73% |
| CAGR/Max DD | 0.96 |
Description: BHE Benchmark Electronics January 16, 2026
Benchmark Electronics Inc. (NYSE:BHE) delivers end-to-end product development and manufacturing services-including new-product design, prototyping, testing, printed-circuit-board (PCB) assembly, precision machining, and system integration-for OEMs across semiconductor capital equipment, industrial, medical, aerospace & defense, and advanced computing & communications sectors.
The firm operates a global footprint in the Americas, Asia, and Europe and relies primarily on a direct sales force to secure contracts, offering supplemental services such as supply-chain management, aftermarket repair, refurbishment, and spare-parts manufacturing throughout a product’s lifecycle.
Key recent metrics (FY 2023): revenue of $2.6 billion, a 4.2 % YoY increase driven by strong demand in semiconductor equipment and defense, operating margin of 5.8 %, and an order backlog of roughly $1.1 billion, indicating multi-quarter visibility. Macro-level drivers include continued reshoring of electronics manufacturing, rising U.S. defense spending, and the semiconductor-equipment boom tied to AI-related chip demand.
For a data-driven, deeper valuation of BHE, the ValueRay analysis provides a concise, quantitative overview.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 24.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -3.17 > 1.0 |
| NWC/Revenue: 30.56% < 20% (prev 32.19%; Δ -1.64% < -1%) |
| CFO/TA 0.06 > 3% & CFO 124.0m > Net Income 24.9m |
| Net Debt (-219.6m) to EBITDA (122.9m): -1.79 < 3 |
| Current Ratio: 2.28 > 1.5 & < 3 |
| Outstanding Shares: last quarter (36.2m) vs 12m ago -1.27% < -2% |
| Gross Margin: 10.13% > 18% (prev 0.10%; Δ 1003 % > 0.5%) |
| Asset Turnover: 126.3% > 50% (prev 124.1%; Δ 2.14% > 0%) |
| Interest Coverage Ratio: 3.06 > 6 (EBITDA TTM 122.9m / Interest Expense TTM 20.2m) |
Altman Z'' 4.87
| A: 0.39 (Total Current Assets 1.45b - Total Current Liabilities 635.6m) / Total Assets 2.07b |
| B: 0.28 (Retained Earnings 577.6m / Total Assets 2.07b) |
| C: 0.03 (EBIT TTM 61.7m / Avg Total Assets 2.11b) |
| D: 1.13 (Book Value of Equity 1.10b / Total Liabilities 971.9m) |
| Altman-Z'' Score: 4.87 = AA |
Beneish M -3.31
| DSRI: 0.67 (Receivables 391.1m/580.0m, Revenue 2.66b/2.66b) |
| GMI: 1.00 (GM 10.13% / 10.17%) |
| AQI: 1.05 (AQ_t 0.14 / AQ_t-1 0.14) |
| SGI: 1.00 (Revenue 2.66b / 2.66b) |
| TATA: -0.05 (NI 24.9m - CFO 124.0m) / TA 2.07b) |
| Beneish M-Score: -3.31 (Cap -4..+1) = AA |
What is the price of BHE shares?
As of February 07, 2026, the stock is trading at USD 58.30 with a total of 293,974 shares traded.
Over the past week, the price has changed by +11.81%, over one month by +28.61%, over three months by +29.00% and over the past year by +41.07%.
Over the past week, the price has changed by +11.81%, over one month by +28.61%, over three months by +29.00% and over the past year by +41.07%.
Is BHE a buy, sell or hold?
Benchmark Electronics has received a consensus analysts rating of 4.00.
Therefore, it is recommended to buy BHE.
- StrongBuy: 1
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the BHE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 59.3 | 1.8% |
| Analysts Target Price | 59.3 | 1.8% |
| ValueRay Target Price | 74 | 26.8% |
BHE Fundamental Data Overview February 07, 2026
P/E Trailing = 82.3676
P/S = 0.7564
P/B = 1.8161
P/EG = 1.91
Revenue TTM = 2.66b USD
EBIT TTM = 61.7m USD
EBITDA TTM = 122.9m USD
Long Term Debt = 206.8m USD (from longTermDebt, last quarter)
Short Term Debt = 3.75m USD (from shortTermDebt, last quarter)
Debt = 102.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -219.6m USD (from netDebt column, last quarter)
Enterprise Value = 1.79b USD (2.01b + Debt 102.4m - CCE 322.1m)
Interest Coverage Ratio = 3.06 (Ebit TTM 61.7m / Interest Expense TTM 20.2m)
EV/FCF = 20.98x (Enterprise Value 1.79b / FCF TTM 85.4m)
FCF Yield = 4.77% (FCF TTM 85.4m / Enterprise Value 1.79b)
FCF Margin = 3.21% (FCF TTM 85.4m / Revenue TTM 2.66b)
Net Margin = 0.93% (Net Income TTM 24.9m / Revenue TTM 2.66b)
Gross Margin = 10.13% ((Revenue TTM 2.66b - Cost of Revenue TTM 2.39b) / Revenue TTM)
Gross Margin QoQ = 10.53% (prev 9.89%)
Tobins Q-Ratio = 0.86 (Enterprise Value 1.79b / Total Assets 2.07b)
Interest Expense / Debt = 4.00% (Interest Expense 4.10m / Debt 102.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = 48.7m (EBIT 61.7m * (1 - 21.00%))
Current Ratio = 2.28 (Total Current Assets 1.45b / Total Current Liabilities 635.6m)
Debt / Equity = 0.09 (Debt 102.4m / totalStockholderEquity, last quarter 1.10b)
Debt / EBITDA = -1.79 (Net Debt -219.6m / EBITDA 122.9m)
Debt / FCF = -2.57 (Net Debt -219.6m / FCF TTM 85.4m)
Total Stockholder Equity = 1.11b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.18% (Net Income 24.9m / Total Assets 2.07b)
RoE = 2.25% (Net Income TTM 24.9m / Total Stockholder Equity 1.11b)
RoCE = 4.70% (EBIT 61.7m / Capital Employed (Equity 1.11b + L.T.Debt 206.8m))
RoIC = 3.63% (NOPAT 48.7m / Invested Capital 1.34b)
WACC = 10.13% (E(2.01b)/V(2.11b) * Re(10.48%) + D(102.4m)/V(2.11b) * Rd(4.00%) * (1-Tc(0.21)))
Discount Rate = 10.48% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.33%
[DCF Debug] Terminal Value 61.29% ; FCFF base≈113.6m ; Y1≈74.6m ; Y5≈34.0m
Fair Price DCF = 19.84 (EV 488.3m - Net Debt -219.6m = Equity 708.0m / Shares 35.7m; r=10.13% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 62.40 | EPS CAGR: 13.61% | SUE: 2.37 | # QB: 2
Revenue Correlation: -47.56 | Revenue CAGR: 2.76% | SUE: 0.51 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.55 | Chg30d=+0.007 | Revisions Net=+1 | Analysts=3
EPS current Year (2026-12-31): EPS=2.55 | Chg30d=+0.060 | Revisions Net=-1 | Growth EPS=+6.1% | Growth Revenue=+5.8%
EPS next Year (2027-12-31): EPS=2.86 | Chg30d=+0.010 | Revisions Net=+0 | Growth EPS=+12.3% | Growth Revenue=+5.9%
P/S = 0.7564
P/B = 1.8161
P/EG = 1.91
Revenue TTM = 2.66b USD
EBIT TTM = 61.7m USD
EBITDA TTM = 122.9m USD
Long Term Debt = 206.8m USD (from longTermDebt, last quarter)
Short Term Debt = 3.75m USD (from shortTermDebt, last quarter)
Debt = 102.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -219.6m USD (from netDebt column, last quarter)
Enterprise Value = 1.79b USD (2.01b + Debt 102.4m - CCE 322.1m)
Interest Coverage Ratio = 3.06 (Ebit TTM 61.7m / Interest Expense TTM 20.2m)
EV/FCF = 20.98x (Enterprise Value 1.79b / FCF TTM 85.4m)
FCF Yield = 4.77% (FCF TTM 85.4m / Enterprise Value 1.79b)
FCF Margin = 3.21% (FCF TTM 85.4m / Revenue TTM 2.66b)
Net Margin = 0.93% (Net Income TTM 24.9m / Revenue TTM 2.66b)
Gross Margin = 10.13% ((Revenue TTM 2.66b - Cost of Revenue TTM 2.39b) / Revenue TTM)
Gross Margin QoQ = 10.53% (prev 9.89%)
Tobins Q-Ratio = 0.86 (Enterprise Value 1.79b / Total Assets 2.07b)
Interest Expense / Debt = 4.00% (Interest Expense 4.10m / Debt 102.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = 48.7m (EBIT 61.7m * (1 - 21.00%))
Current Ratio = 2.28 (Total Current Assets 1.45b / Total Current Liabilities 635.6m)
Debt / Equity = 0.09 (Debt 102.4m / totalStockholderEquity, last quarter 1.10b)
Debt / EBITDA = -1.79 (Net Debt -219.6m / EBITDA 122.9m)
Debt / FCF = -2.57 (Net Debt -219.6m / FCF TTM 85.4m)
Total Stockholder Equity = 1.11b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.18% (Net Income 24.9m / Total Assets 2.07b)
RoE = 2.25% (Net Income TTM 24.9m / Total Stockholder Equity 1.11b)
RoCE = 4.70% (EBIT 61.7m / Capital Employed (Equity 1.11b + L.T.Debt 206.8m))
RoIC = 3.63% (NOPAT 48.7m / Invested Capital 1.34b)
WACC = 10.13% (E(2.01b)/V(2.11b) * Re(10.48%) + D(102.4m)/V(2.11b) * Rd(4.00%) * (1-Tc(0.21)))
Discount Rate = 10.48% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.33%
[DCF Debug] Terminal Value 61.29% ; FCFF base≈113.6m ; Y1≈74.6m ; Y5≈34.0m
Fair Price DCF = 19.84 (EV 488.3m - Net Debt -219.6m = Equity 708.0m / Shares 35.7m; r=10.13% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 62.40 | EPS CAGR: 13.61% | SUE: 2.37 | # QB: 2
Revenue Correlation: -47.56 | Revenue CAGR: 2.76% | SUE: 0.51 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.55 | Chg30d=+0.007 | Revisions Net=+1 | Analysts=3
EPS current Year (2026-12-31): EPS=2.55 | Chg30d=+0.060 | Revisions Net=-1 | Growth EPS=+6.1% | Growth Revenue=+5.8%
EPS next Year (2027-12-31): EPS=2.86 | Chg30d=+0.010 | Revisions Net=+0 | Growth EPS=+12.3% | Growth Revenue=+5.9%