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General information

Country: UNITED STATES

Sector: Resorts and Casinos

Bluegreen Vacations Holding Corporation operates as a vacation ownership company. It markets and sells vacation ownership interests (VOI); and manages resorts in leisure and urban destinations, including Orlando, Las Vegas, Myrtle Beach, Charleston and New Orleans, and others. The company also provides resort management, mortgage servicing, title services, reservation, and construction design and development services; and financing to qualified VOI purchasers, as well as management services to the vacation club and homeowners` associations. Its resort network includes 45 club resorts and 23 club associate resorts. The company was founded in 1966 and is headquartered in Boca Raton, Florida.
Website: bvhcorp.com



Growth: Pretty weak revenue growth rate 6.8%, there is slowdown compared to average historical growth rates 20.8%. The revenue growth dynamics is unstable

Profitability: LTM EBITDA margin is positive, +15.5%. On average the margin is improving unsteadily. Gross margin is high, +75.1%. In the last quarter the company beat the estimated EPS, +39.2%. The company was ahead of estimated EPS in 60% of quarters (showing a gain of +$0.08 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield -68.3% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 212.6% higher than minimum and 0.6% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 3.1x by EV / Sales multiple , the company can be >100% undervalued

Key Financials (Download financials)

Ticker: BVH
Share price, USD:  (0.0%)75
year average price 75.00  


year start price 75.00 2025-01-09

max close price 75.00 2025-01-09

min close price 75.00 2025-01-09

current price 75.00 2026-01-08
Common stocks: 15 869 000

Dividend Yield:  0.0%
FCF Yield LTM: -68.3%
EV / LTM EBITDA: 7.9x
EV / EBITDA annualized: 1.4x
Last revenue growth (y/y):  +6.8%
Last growth of EBITDA (y/y):  > +200.0%
Historical revenue growth:  +20.8%
Historical growth of EBITDA:  +85.7%
EV / Sales: 1.2x
Margin (EBITDA LTM / Revenue): 15.5%
Fundamental value created in LTM:
Market Cap ($m): 1 190
Net Debt ($m): 22
EV (Enterprise Value): 1 212
Price to Book: 5.4x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-01-09Zacks Investment Research

Is Bluegreen Vacations (BVH) Stock Undervalued Right Now?

2023-11-16Zacks Investment Research

Bluegreen Vacations' (BVH) JV Acquires Stonewater Cove Resort

2023-11-06InvestorPlace

Why Is Bluegreen Vacations (BVH) Stock Up 105% Today?

2023-11-06The Motley Fool

Why Bluegreen Vacations Stock Has More Than Doubled Today

2023-10-25Seeking Alpha

Bluegreen Vacations: Double-Digit Quarterly Net Sales Growth, And Undervalued

2023-09-25Seeking Alpha

Bluegreen Vacations: Not Taking This Vacation

2023-08-31InvestorPlace

The 3 Most Promising Travel Stocks to Own Now

2023-08-02Zacks Investment Research

Bluegreen Vacations Holding Corporation (BVH) Tops Q2 Earnings and Revenue Estimates

2023-07-17Zacks Investment Research

Is Bluegreen Vacations (BVH) Outperforming Other Consumer Discretionary Stocks This Year?

2023-07-03Zacks Investment Research

3 Stocks to Buy From the Promising Leisure & Recreation Services Industry
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol BVH BVH BVH BVH BVH
reportedCurrency USD USD USD USD USD
cik 315 858 315 858 315 858 315 858 315 858
fillingDate 2023-11-06 2023-08-02 2023-05-04 2023-03-13 2022-11-03
acceptedDate 2023-11-06 06:21:45 2023-08-02 06:53:02 2023-05-04 07:03:03 2023-03-13 10:40:20 2022-11-03 07:08:29
calendarYear 2023 2023 2023 2022 2022
period Q3 Q2 Q1 Q4 Q3
revenue 235M 227M 190M 208M 225M
costOfRevenue 58M 60M 51M 53M 51M
grossProfit 176M 166M 139M 156M 174M
grossProfitRatio 0.751 0.734 0.73 0.746 0.774
researchAndDevelopmentExpenses 0 0 0 0 0
generalAndAdministrativeExpenses 0 0 0 0 0
sellingAndMarketingExpenses 0 0 0 0 0
sellingGeneralAndAdministrativeExpenses 157M 148M 131M 153M 153M
otherExpenses -63 000 0 265 000 1M 0
operatingExpenses 157M 148M 131M 153M 153M
costAndExpenses 215M 208M 183M 206M 204M
interestIncome 33M 31M 29M 28M 26M
interestExpense 19M 18M 16M 14M 11M
depreciationAndAmortization 5M 5M 5M 5M 5M
ebitda -15M -10M 41M 32M 52M
ebitdaratio -0.064 -0.046 0.218 0.153 0.231
operatingIncome 13M 14M 36M 26M 47M
operatingIncomeRatio 0.055 0.061 0.191 0.127 0.209
totalOtherIncomeExpensesNet 21M 21M -16M -9M -11M
incomeBeforeTax 33M 34M 20M 18M 36M
incomeBeforeTaxRatio 0.142 0.152 0.105 0.085 0.161
incomeTaxExpense 8M 8M 4M 5M 9M
netIncome 21M 22M 15M 13M 23M
netIncomeRatio 0.088 0.097 0.081 0.06 0.102
eps 1.3 1.38 0.97 0.67 1.2
epsdiluted 1.25 1.34 0.95 0.67 1.19
weightedAverageShsOut 16M 16M 16M 19M 19M
weightedAverageShsOutDil 16M 16M 16M 19M 19M
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Balance Sheet Statement

Property 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol BVH BVH BVH BVH BVH
reportedCurrency USD USD USD USD USD
cik 315 858 315 858 315 858 315 858 315 858
fillingDate 2023-11-06 2023-08-02 2023-05-04 2023-03-13 2022-11-03
acceptedDate 2023-11-06 06:21:45 2023-08-02 06:53:02 2023-05-04 07:03:03 2023-03-13 10:40:20 2022-11-03 07:08:29
calendarYear 2023 2023 2023 2022 2022
period Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 135M 179M 167M 176M 163M
shortTermInvestments 0 0 0 0 0
cashAndShortTermInvestments 135M 179M 167M 176M 163M
netReceivables 676M 619M 574M 552M 522M
inventory 450M 0 381M 390M 327M
otherCurrentAssets 73M -619M 79M 75M 58M
totalCurrentAssets 1 334M 1 323M 1 200M 1 193M 1 070M
propertyPlantEquipmentNet 109M 108M 108M 109M 114M
goodwill 0 0 0 0 0
intangibleAssets 61M 61M 61M 61M 61M
goodwillAndIntangibleAssets 61M 61M 61M 61M 61M
longTermInvestments -126M -120M 0 0 0
taxAssets 126M 120M 117M 0 109M
otherNonCurrentAssets 36M 33M -85M 35M -76M
totalNonCurrentAssets 206M 203M 201M 206M 208M
otherAssets 0 0 0 0 0
totalAssets 1 540M 1 526M 1 401M 1 398M 1 278M
accountPayables 26M 26M 15M 21M 17M
shortTermDebt 0 0 515M 680M 405M
taxPayables 0 0 0 0 0
deferredRevenue 19M 17M 16M 16M 16M
otherCurrentLiabilities 600M 550M -428M -570M -289M
totalCurrentLiabilities 167M 161M 118M 147M 149M
longTermDebt 941M 962M 909M 894M 707M
deferredRevenueNonCurrent -589M -650M -598M -296M 0
deferredTaxLiabilitiesNonCurrent 126M 120M 117M 113M 109M
otherNonCurrentLiabilities 0 0 598M 296M 378M
totalNonCurrentLiabilities 1 067M 1 083M 1 025M 1 007M 815M
otherLiabilities 0 0 0 0 0
capitalLeaseObligations 0 0 26M 28M 34M
totalLiabilities 1 234M 1 244M 1 144M 1 154M 964M
preferredStock 0 0 0 0 0
commonStock 159 000 159 000 159 000 159 000 189 000
retainedEarnings 169M 151M 133M 125M 120M
accumulatedOtherComprehensiveIncomeLoss 0 0 0 0 0
othertotalStockholdersEquity 51M 50M 48M 47M 122M
totalStockholdersEquity 220M 201M 181M 172M 242M
totalEquity 306M 282M 257M 172M 242M
totalLiabilitiesAndStockholdersEquity 1 540M 1 526M 1 401M 1 398M 1 278M
minorityInterest 86M 81M 76M 72M 0
totalLiabilitiesAndTotalEquity 1 540M 1 526M 1 401M 1 398M 1 278M
totalInvestments -126M -120M 0 0 0
totalDebt 941M 962M 909M 894M 707M
netDebt 806M 784M 742M 718M 544M
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Cash Flow Statement

Property 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol BVH BVH BVH BVH BVH
reportedCurrency USD USD USD USD USD
cik 315 858 315 858 315 858 315 858 315 858
fillingDate 2023-11-06 2023-08-02 2023-05-04 2023-03-13 2022-11-03
acceptedDate 2023-11-06 06:21:45 2023-08-02 06:53:02 2023-05-04 07:03:03 2023-03-13 10:40:20 2022-11-03 07:08:29
calendarYear 2023 2023 2023 2022 2022
period Q3 Q2 Q1 Q4 Q3
netIncome 25M 26M 15M 13M 28M
depreciationAndAmortization 5M 5M 5M 5M 5M
deferredIncomeTax 6M 3M 4M 4M 7M
stockBasedCompensation 2M 2M 1M 986 000 836 000
changeInWorkingCapital -81M -91M -75M -132M -71M
accountsReceivables 0 -71M 0 0 0
inventory -2M -67M 9M -63M -11M
accountsPayables 0 43M -29M -2M 5M
otherWorkingCapital -79M 5M 20M -67M -65M
otherNonCashItems 33M 28M 25M 27M 31M
netCashProvidedByOperatingActivities -10M -26M -24M -82M -190 000
investmentsInPropertyPlantAndEquipment -5M -5M -4M -6M -2M
acquisitionsNet 0 0 0 0 0
purchasesOfInvestments 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0
otherInvestingActivites 0 0 0 0 0
netCashUsedForInvestingActivites -5M -5M -4M -6M -2M
debtRepayment 0 0 -70M -32M -36M
commonStockIssued 0 0 -8000 0 0
commonStockRepurchased 0 0 0 54M -24M
dividendsPaid -3M -3M -3M -3M -3M
otherFinancingActivites -22M 55M 85M 91M 4M
netCashUsedProvidedByFinancingActivities -25M 51M 12M 110M -58M
effectOfForexChangesOnCash 41M -19M 0 0 0
netChangeInCash -41M 20M -16M 22M -60M
cashAtEndOfPeriod 190M 231M 210M 227M 204M
cashAtBeginningOfPeriod 231M 210M 227M 204M 264M
operatingCashFlow -10M -26M -24M -82M -190 000
capitalExpenditure -5M -5M -4M -6M -2M
freeCashFlow -15M -31M -28M -87M -2M
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Earning call transcript

SEC forms

Show financial reports only

SEC form 10
2023-11-06 06:21 ET
Bluegreen Vacations Corporation reported for 2023 q3
SEC form 10
2023-11-06 00:00 ET
Bluegreen Vacations Corporation published news for 2023 q3
SEC form 10
2023-08-02 06:53 ET
Bluegreen Vacations Corporation reported for 2023 q2
SEC form 6
2023-08-02 06:32 ET
Bluegreen Vacations Corporation published news for 2023 q2
SEC form 8
2023-08-02 00:00 ET
Bluegreen Vacations Corporation published news for 2023 q2
SEC form 10
2023-08-02 00:00 ET
Bluegreen Vacations Corporation published news for 2023 q2
SEC form 6
2023-06-20 13:55 ET
Bluegreen Vacations Corporation published news for 2023 q1
SEC form 10
2023-05-04 00:00 ET
Bluegreen Vacations Corporation published news for 2023 q1
SEC form 8
2023-05-04 00:00 ET
Bluegreen Vacations Corporation published news for 2023 q1
SEC form 10
2023-03-13 00:00 ET
Bluegreen Vacations Corporation reported for 2022 q4
SEC form 8
2023-03-13 00:00 ET
Bluegreen Vacations Corporation published news for 2022 q4
SEC form 8
2022-11-03 00:00 ET
Bluegreen Vacations Corporation published news for 2022 q3
SEC form 10
2022-11-03 00:00 ET
Bluegreen Vacations Corporation reported for 2022 q3
SEC form 10
2022-08-03 00:00 ET
Bluegreen Vacations Corporation reported for 2022 q2
SEC form 8
2022-08-03 00:00 ET
Bluegreen Vacations Corporation published news for 2022 q2
SEC form 8
2022-05-05 00:00 ET
Bluegreen Vacations Corporation published news for 2022 q1
SEC form 10
2022-05-05 00:00 ET
Bluegreen Vacations Corporation reported for 2022 q1
SEC form 10
2022-03-04 00:00 ET
Bluegreen Vacations Corporation published news for 2021 q4
SEC form 8
2022-03-03 00:00 ET
Bluegreen Vacations Corporation published news for 2021 q4
SEC form 8
2021-11-03 00:00 ET
Bluegreen Vacations Corporation published news for 2021 q3
SEC form 10
2021-11-03 00:00 ET
Bluegreen Vacations Corporation published news for 2021 q3
SEC form 8
2021-08-04 00:00 ET
Bluegreen Vacations Corporation published news for 2021 q2
SEC form 10
2021-08-04 00:00 ET
Bluegreen Vacations Corporation published news for 2021 q2
SEC form 8
2021-05-10 00:00 ET
Bluegreen Vacations Corporation published news for 2021 q1
SEC form 10
2021-05-10 00:00 ET
Bluegreen Vacations Corporation published news for 2021 q1