What If You Were Missing The Value In BAH Stock?

BAH: Booz Allen Hamilton logo
BAH
Booz Allen Hamilton

Here is why we think Booz Allen Hamilton (BAH) deserves consideration as a value stock.

  • Reasonable Revenue Growth: 9.2% LTM and 11.5% last 3 year average.
  • Cash Generative: Nearly 8.3% free cash flow margin and 11.5% operating margin LTM.
  • No Major Shocks: BAH has avoided any revenue collapses in the last 3 years.
  • Modest Valuation: Despite encouraging fundamentals, BAH trades at a PE multiple of 13.1
  • Opportunity vs S&P: Compared to S&P, you get lower valuation, higher revenue growth, but lower margins

As a quick background, Booz Allen Hamilton provides management and technology consulting, analytics, engineering, digital, mission operations, and cyber solutions to governments, corporations, and nonprofits, specializing in AI, data science, and business strategy.

  BAH S&P Median
Sector Industrials
Industry Research & Consulting Services
PE Ratio 13.1 24.0

   
LTM* Revenue Growth 9.2% 5.1%
3Y Average Annual Revenue Growth 11.5% 5.2%
Min Annual Revenue Growth Last 3Y 9.2% -0.3%

   
LTM* Operating Margin 11.5% 18.7%
3Y Average Operating Margin 8.6% 17.8%
LTM* Free Cash Flow Margin 8.3% 13.0%

*LTM: Last Twelve Months

But do these numbers tell the full story? Read Buy or Sell BAH Stock to see if Booz Allen Hamilton still has an edge that holds up under the hood.

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That is one way to look at stocks. Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risk while giving upside exposure

Stocks Like These Can Outperform. Here Is Data

For 65 similar value stocks chosen as of mid 2024, consider the following stats for the subsequent 1 year period.

  • Average peak return of 39.3% vs 14.4% for S&P, with maximum peak return of 133%
  • Win rate of 60%; win rate represents % of stocks with positive return
  • Average 1-year return of 14.6%, similar to S&P’s despite tariff instability

But Consider The Risk

That said, BAH isn’t immune to big drops. It fell about 19% during the 2018 correction, nearly 27.5% in the Covid crash, and around 26% during the inflation shock. Even with solid fundamentals, these dips show how it can still take a hit when markets turn volatile. Good companies can still see serious pullbacks when the broader sentiment shifts.

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.