Sabaf（SM5）株式概要Sabaf S.p.A.は、ヨーロッパ、トルコ、北米、南米、アフリカ、中東、アジア、オセアニアで家庭用ガス調理機器の部品を製造・販売している。 詳細SM5 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長3/6過去の実績0/6財務の健全性4/6配当金3/6報酬当社が推定した公正価値より4.2%で取引されている 収益は年間38.78%増加すると予測されています リスク分析4.14%の配当は利益で十分にカバーされていない 多額の負債を抱えている 利益率(0.9%)は昨年より低い(2.2%) 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見るSM5 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€13.9040.8% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0333m2016201920222025202620282031Revenue €333.4mEarnings €3.0mAdvancedSet Fair ValueView all narrativesSabaf S.p.A. 競合他社Einhell GermanySymbol: XTRA:EINMarket cap: €816.4mBrilliantSymbol: HMSE:BAGMarket cap: €8.3mLeifheitSymbol: XTRA:LEIMarket cap: €155.3mBijou Brigitte modische AccessoiresSymbol: XTRA:BIJMarket cap: €397.1m価格と性能株価の高値、安値、推移の概要Sabaf過去の株価現在の株価€13.9052週高値€15.2052週安値€11.85ベータ0.871ヶ月の変化2.96%3ヶ月変化0.72%1年変化-5.76%3年間の変化-13.77%5年間の変化-47.74%IPOからの変化-44.84%最新ニュースNew Risk • May 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by earnings (139% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).Upcoming Dividend • May 18Upcoming dividend of €0.58 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. The company is paying out more than 100% of its profits and is paying out 85% of its cash flow. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.6%).New Risk • May 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 2.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (139% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).Reported Earnings • May 15First quarter 2026 earnings released: EPS: €0.086 (vs €0.30 in 1Q 2025)First quarter 2026 results: EPS: €0.086 (down from €0.30 in 1Q 2025). Revenue: €73.1m (up 2.5% from 1Q 2025). Net income: €1.07m (down 72% from 1Q 2025). Profit margin: 1.5% (down from 5.3% in 1Q 2025). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year.New Risk • Apr 30New major risk - Revenue and earnings growthEarnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks High level of debt (44% net debt to equity). Dividend is not well covered by earnings (139% payout ratio). Large one-off items impacting financial results.お知らせ • Mar 30Sabaf S.p.A., Annual General Meeting, Apr 29, 2026Sabaf S.p.A., Annual General Meeting, Apr 29, 2026, at 10:00 W. Europe Standard Time. Location: via dei carpini n 1, ospitaletto bs Italy最新情報をもっと見るRecent updatesNew Risk • May 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by earnings (139% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).Upcoming Dividend • May 18Upcoming dividend of €0.58 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. The company is paying out more than 100% of its profits and is paying out 85% of its cash flow. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.6%).New Risk • May 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 2.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (139% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).Reported Earnings • May 15First quarter 2026 earnings released: EPS: €0.086 (vs €0.30 in 1Q 2025)First quarter 2026 results: EPS: €0.086 (down from €0.30 in 1Q 2025). Revenue: €73.1m (up 2.5% from 1Q 2025). Net income: €1.07m (down 72% from 1Q 2025). Profit margin: 1.5% (down from 5.3% in 1Q 2025). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year.New Risk • Apr 30New major risk - Revenue and earnings growthEarnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks High level of debt (44% net debt to equity). Dividend is not well covered by earnings (139% payout ratio). Large one-off items impacting financial results.お知らせ • Mar 30Sabaf S.p.A., Annual General Meeting, Apr 29, 2026Sabaf S.p.A., Annual General Meeting, Apr 29, 2026, at 10:00 W. Europe Standard Time. Location: via dei carpini n 1, ospitaletto bs ItalyDeclared Dividend • Mar 30Dividend of €0.58 announcedDividend of €0.58 is the same as last year. Ex-date: 25th May 2026 Payment date: 27th May 2026 Dividend yield will be 4.4%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (139% earnings payout ratio). However, it is well covered by cash flows (44% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 55% to bring the payout ratio under control. EPS is expected to grow by 109% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.New Risk • Mar 25New major risk - Revenue and earnings growthEarnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 35% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (191% payout ratio). Large one-off items impacting financial results.Reported Earnings • Mar 25Full year 2025 earnings released: EPS: €0.42 (vs €0.55 in FY 2024)Full year 2025 results: EPS: €0.42 (down from €0.55 in FY 2024). Revenue: €288.7m (up 1.3% from FY 2024). Net income: €5.18m (down 25% from FY 2024). Profit margin: 1.8% (down from 2.4% in FY 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Mar 25Sabaf S.p.A. announces Annual dividend, payable on May 27, 2026Sabaf S.p.A. announced Annual dividend of EUR 0.5800 per share payable on May 27, 2026, ex-date on May 25, 2026 and record date on May 26, 2026.New Risk • Mar 25New major risk - Revenue and earnings growthEarnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Earnings have declined by 35% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (191% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin).お知らせ • Dec 22+ 3 more updatesSabaf S.p.A. to Report Fiscal Year 2025 Final Results on Apr 29, 2026Sabaf S.p.A. announced that they will report fiscal year 2025 final results on Apr 29, 2026Reported Earnings • Nov 12Third quarter 2025 earnings releasedThird quarter 2025 results: EPS: €0.17. Revenue: €71.7m (up 3.7% from 3Q 2024). Net income: €2.14m (up 79% from 3Q 2024). Profit margin: 3.0% (up from 1.7% in 3Q 2024). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.New Risk • Oct 14New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks High level of debt (47% net debt to equity). Dividend is not well covered by earnings (191% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).Reported Earnings • Sep 05Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €69.4m (down 8.5% from 2Q 2024). Net income: €1.45m (down 65% from 2Q 2024). Profit margin: 2.1% (down from 5.4% in 2Q 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Europe.Upcoming Dividend • May 19Upcoming dividend of €0.58 per shareEligible shareholders must have bought the stock before 26 May 2025. Payment date: 28 May 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.4%). In line with average of industry peers (4.2%).New Risk • May 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Dividend is not well covered by earnings (105% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin).Declared Dividend • Mar 27Dividend increased to €0.58Dividend of €0.58 is 7.4% higher than last year. Ex-date: 26th May 2025 Payment date: 28th May 2025 Dividend yield will be 4.0%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is covered by cash flows (61% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 16% to bring the payout ratio under control. EPS is expected to grow by 128% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.New Risk • Mar 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (105% payout ratio). Large one-off items impacting financial results.お知らせ • Mar 26Sabaf S.p.A. announces Annual dividend, payable on May 28, 2025Sabaf S.p.A. announced Annual dividend of EUR 0.5800 per share payable on May 28, 2025, ex-date on May 26, 2025 and record date on May 27, 2025.Buy Or Sell Opportunity • Mar 05Now 20% overvaluedOver the last 90 days, the stock has fallen 2.4% to €14.05. The fair value is estimated to be €11.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 96% in the next 2 years.Buy Or Sell Opportunity • Jan 30Now 20% overvaluedOver the last 90 days, the stock has fallen 18% to €14.80. The fair value is estimated to be €12.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 96% in the next 2 years.Buy Or Sell Opportunity • Jan 08Now 20% overvaluedOver the last 90 days, the stock has fallen 14% to €15.25. The fair value is estimated to be €12.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 96% in the next 2 years.お知らせ • Dec 19+ 4 more updatesSabaf S.p.A. to Report First Half, 2025 Results on Sep 04, 2025Sabaf S.p.A. announced that they will report first half, 2025 results on Sep 04, 2025Buy Or Sell Opportunity • Nov 26Now 20% overvaluedOver the last 90 days, the stock has fallen 6.3% to €15.75. The fair value is estimated to be €13.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 96% in the next 2 years.Reported Earnings • Nov 14Third quarter 2024 earnings releasedThird quarter 2024 results: EPS: €0.095. Revenue: €72.2m (up 6.3% from 3Q 2023). Net income: €1.20m (down 57% from 3Q 2023). Profit margin: 1.7% (down from 4.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany.New Risk • Sep 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.New Risk • May 27New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (11% increase in shares outstanding).Upcoming Dividend • May 20Upcoming dividend of €0.54 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.0%).Reported Earnings • May 15First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: €0.34. Revenue: €71.0m (up 22% from 1Q 2023). Net income: €4.27m (up €5.06m from 1Q 2023). Profit margin: 6.0% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • May 14Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to €18.30. The fair value is estimated to be €14.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 46%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 43% per annum over the same time period.Buy Or Sell Opportunity • Apr 11Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to €18.05. The fair value is estimated to be €14.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 46%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 42% per annum over the same time period.お知らせ • Apr 10Sabaf S.p.A., Annual General Meeting, May 08, 2024Sabaf S.p.A., Annual General Meeting, May 08, 2024, at 10:30 Central European Standard Time. Location: registered office in Ospitaletto (BS) Via dei Carpini no. 1 Brescia Italy Agenda: To discuss Financial report at 31 December 2023: management report prepared by the Board of Directors and consolidated non-financial statement; Independent Auditors' Report and Report of the Board of Statutory Auditors, approval of the Financial statements at 31 December 2023; to discuss Resolution on the dividend proposal; to discuss Report on remuneration policy and remuneration paid; to Appointment of the Board of Directors; to Appointment of the Board of Statutory Auditors for the three-year period from 2024 to 2026; to discuss Authorization to renew an insurance policy for the Company's directors, statutory auditors and managers for the period from 2024 to 2026; and to discuss other matters.Buy Or Sell Opportunity • Mar 27Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.9% to €17.26. The fair value is estimated to be €14.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 46%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 42% per annum over the same time period.New Risk • Mar 21New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 217% Dividend yield: 3.2% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risks Dividend is not well covered by earnings (217% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Shareholders have been diluted in the past year (11% increase in shares outstanding). Significant insider selling over the past 3 months (€450k sold).Reported Earnings • Mar 20Full year 2023 earnings released: EPS: €0.25 (vs €1.36 in FY 2022)Full year 2023 results: EPS: €0.25 (down from €1.36 in FY 2022). Revenue: €237.9m (down 6.0% from FY 2022). Net income: €3.10m (down 80% from FY 2022). Profit margin: 1.3% (down from 6.0% in FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Mar 18+ 3 more updatesSabaf S.p.A. to Report Q3, 2024 Results on Nov 12, 2024Sabaf S.p.A. announced that they will report Q3, 2024 results on Nov 12, 2024Recent Insider Transactions • Jan 24Director recently sold €450k worth of stockOn the 18th of January, Cinzia Saleri sold around 25k shares on-market at roughly €18.00 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €442k more than they bought in the last 12 months.Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €70.1m (up 25% from 3Q 2022). Net income: €2.79m (up €2.70m from 3Q 2022). Profit margin: 4.0% (up from 0.2% in 3Q 2022). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Consumer Durables industry in Germany.New Risk • Sep 08New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Shareholders have been diluted in the past year (11% increase in shares outstanding).Reported Earnings • Sep 08Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €52.6m (down 30% from 2Q 2022). Net loss: €631.0k (down 111% from profit in 2Q 2022). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.New Risk • Jul 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (54% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin). Shareholders have been diluted in the past year (11% increase in shares outstanding).Reported Earnings • May 15First quarter 2023 earnings releasedFirst quarter 2023 results: €0.07 loss per share. Revenue: €60.4m (down 15% from 1Q 2022). Net loss: €791.0k (down 111% from profit in 1Q 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Reported Earnings • Feb 17Full year 2022 earnings releasedFull year 2022 results: Revenue: €263.2m (flat on FY 2021). Net income: €15.7m (down 34% from FY 2021). Profit margin: 6.0% (down from 9.1% in FY 2021). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Carlo Scarpa was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 16Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €57.7m (down 8.5% from 3Q 2021). Net income: €88.0k (down 99% from 3Q 2021). Profit margin: 0.2% (down from 10% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Durables industry in Germany.Reported Earnings • Nov 13Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €57.7m (down 8.5% from 3Q 2021). Net income: €88.0k (down 99% from 3Q 2021). Profit margin: 0.2% (down from 10% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Durables industry in Germany.Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to €18.78, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Consumer Durables industry in Germany. Total returns to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.46 per share.Reported Earnings • Sep 01Second quarter 2022 earnings released: EPS: €0.49 (vs €0.74 in 2Q 2021)Second quarter 2022 results: EPS: €0.49 (down from €0.74 in 2Q 2021). Revenue: €74.8m (up 2.7% from 2Q 2021). Net income: €5.55m (down 33% from 2Q 2021). Profit margin: 7.4% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.7%, compared to a 2.0% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 23Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (3.0%).Reported Earnings • May 15First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: €73.4m (up 13% from 1Q 2021). Net income: €7.45m (down 12% from 1Q 2021). Profit margin: 10% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.9%, compared to a 7.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Carlo Scarpa was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 09Full year 2021 earnings released: EPS: €2.13 (vs €1.24 in FY 2020)Full year 2021 results: EPS: €2.13 (up from €1.24 in FY 2020). Revenue: €263.3m (up 42% from FY 2020). Net income: €23.9m (up 71% from FY 2020). Profit margin: 9.1% (up from 7.6% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.5%, compared to a 8.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to €23.70, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €25.08 per share.お知らせ • Mar 31Sabaf S.p.A., Annual General Meeting, Apr 28, 2022Sabaf S.p.A., Annual General Meeting, Apr 28, 2022, at 10:30 Central European Standard Time. Agenda: To discuss Presentation of the 2021 Annual Report;To consider Report on remuneration policy and remuneration paid - resolution on the second section pursuant to paragraph 6 of Article 123-ter of Legislative Decree 58/1998; Authorization for the purchase and disposal of treasury shares subject to revocation of the resolution of 6 May 2021 for the non-executed part; Related and consequent resolutions;and discus other matters.Buying Opportunity • Mar 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €24.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% per annum over the last 3 years. Earnings per share has grown by 221% over the last year.Reported Earnings • Feb 11Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: €271.9m (up 47% from FY 2020). Net income: €23.9m (up 71% from FY 2020). Profit margin: 8.8% (up from 7.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 1.9%, compared to a 7.3% growth forecast for the industry in Germany.Reported Earnings • Nov 14Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €64.6m (up 37% from 3Q 2020). Net income: €6.51m (up 258% from 3Q 2020). Profit margin: 10% (up from 3.9% in 3Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Aug 05Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €75.4m (up 120% from 2Q 2020). Net income: €8.29m (up €7.42m from 2Q 2020). Profit margin: 11% (up from 2.6% in 2Q 2020). The increase in margin was driven by higher revenue.Upcoming Dividend • May 25Upcoming dividend of €0.55 per shareEligible shareholders must have bought the stock before 31 May 2021. Payment date: 02 June 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (2.3%).Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectationsRevenue exceeded analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 4.1%, compared to a 7.2% growth forecast for the Consumer Durables industry in Germany.Reported Earnings • Feb 14Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €192.1m (up 23% from FY 2019). Net income: €14.0m (up 36% from FY 2019). Profit margin: 7.3% (up from 6.6% in FY 2019). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Feb 12New 90-day high: €19.30The company is up 43% from its price of €13.45 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 23% over the same period.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improved over the past weekAfter last week's 19% share price gain to €18.55, the stock is trading at a trailing P/E ratio of 23.7x, up from the previous P/E ratio of 19.9x. This compares to an average P/E of 27x in the Consumer Durables industry in Germany. Total returns to shareholders over the past three years are 20%.Is New 90 Day High Low • Jan 21New 90-day high: €16.40The company is up 31% from its price of €12.55 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 20% over the same period.Valuation Update With 7 Day Price Move • Dec 04Market bids up stock over the past weekAfter last week's 17% share price gain to €15.05, the stock is trading at a trailing P/E ratio of 19.5x, up from the previous P/E ratio of 16.7x. This compares to an average P/E of 25x in the Consumer Durables industry in Germany. Total return to shareholders over the past three years is a loss of 23%.Is New 90 Day High Low • Dec 02New 90-day high: €14.35The company is up 23% from its price of €11.70 on 03 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 13% over the same period.Analyst Estimate Surprise Post Earnings • Nov 16Revenue misses expectationsRevenue missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 14%, compared to a 4.6% growth forecast for the Consumer Durables industry in Germany.Analyst Estimate Surprise Post Earnings • Nov 12Revenue misses expectationsRevenue missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 14%, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany.Upcoming Dividend • Oct 05Upcoming Dividend of €0.35 Per ShareWill be paid on the 14th of October to those who are registered shareholders by the 12th of October. The trailing yield of 2.7% is below the top quartile of German dividend payers (3.7%), but is in line with industry peers (2.6%).Is New 90 Day High Low • Oct 03New 90-day high: €12.85The company is up 19% from its price of €10.80 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 15% over the same period.お知らせ • Sep 11Sabaf S.p.A. (BIT:SAB) acquired an additional 15.75% stake in CMI s.r.l from Guangdong Xingye Investment Limited Liability Company for €3.1 million.Sabaf S.p.A. (BIT:SAB) acquired an additional 15.75% stake in CMI s.r.l from Guangdong Xingye Investment Limited Liability Company for €3.1 million on September 10, 2020. Upon completion of the transaction, Sabaf will now hold 84.25% stake in CMI. Sabaf S.p.A. (BIT:SAB) completed the acquisition of an additional 15.75% stake in CMI s.r.l from Guangdong Xingye Investment Limited Liability Company on September 10, 2020.株主還元SM5DE Consumer DurablesDE 市場7D1.5%-0.2%3.2%1Y-5.8%-17.4%2.5%株主還元を見る業界別リターン: SM5過去 1 年間で-17.4 % の収益を上げたGerman Consumer Durables業界を上回りました。リターン対市場: SM5は、過去 1 年間で2.5 % のリターンを上げたGerman市場を下回りました。価格変動Is SM5's price volatile compared to industry and market?SM5 volatilitySM5 Average Weekly Movement4.8%Consumer Durables Industry Average Movement5.3%Market Average Movement6.1%10% most volatile stocks in DE Market13.6%10% least volatile stocks in DE Market2.7%安定した株価: SM5 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: SM5の 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19501,700Gianluca Beschiwww.sabafgroup.comヨーロッパ、トルコ、北米、南米、アフリカ、中東、アジア、オセアニアで家庭用ガス調理機器の部品を製造・販売。ガス部品事業、ヒンジ事業、電子部品事業を行っている。ガスコンロ・コンロ用タップ、ガスコンロ・サーモスタット、独立型ガスコンロ・コンロ用ガスバーナー、オーブン・グリル用バーナー、IH調理器用インバーター、コイル、ユーザーインターフェースなどのほか、熱電対、ネジ・ブラケット、電極、マイクロスイッチハーネス、インジェクター、マイクロスイッチ、継手・プラグなどのアクセサリーを提供している。また、オーブン扉、食器洗浄機、洗濯機、炊飯器の蓋などのヒンジ、オーブン、クッキングフード、調理器、掃除機、冷蔵庫、冷凍庫の電子基板、業務用調理機器やケータリング機器のバーナー、家電製品の電子回路や電気機械機器、電動モーター、在席確認システム、RFIDシステム、照明システムなども提供している。Sabaf S.p.A.は1950年に設立され、イタリアのオスピタレットに本社を置いている。もっと見るSabaf S.p.A. 基礎のまとめSabaf の収益と売上を時価総額と比較するとどうか。SM5 基礎統計学時価総額€173.65m収益（TTM）€2.46m売上高(TTM)€274.94m70.7xPER（株価収益率0.6xP/SレシオSM5 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計SM5 損益計算書（TTM）収益€274.94m売上原価€171.61m売上総利益€103.33mその他の費用€100.87m収益€2.46m直近の収益報告Mar 31, 2026次回決算日Sep 08, 2026一株当たり利益（EPS）0.20グロス・マージン37.58%純利益率0.89%有利子負債／自己資本比率76.5%SM5 の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.1%現在の配当利回り139%配当性向SM5 配当は確実ですか？SM5 配当履歴とベンチマークを見るSM5 、いつまでに購入すれば配当金を受け取れますか？Sabaf 配当日配当落ち日May 25 2026配当支払日May 27 2026配当落ちまでの日数1 day配当支払日までの日数3 daysSM5 配当は確実ですか？SM5 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 18:19終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Sabaf S.p.A. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Michele BaldelliBNP ParibasGiuseppe GrimaldiBNP ParibasLuigi De BellisEquita SIM S.p.A.1 その他のアナリストを表示
New Risk • May 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by earnings (139% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).
Upcoming Dividend • May 18Upcoming dividend of €0.58 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. The company is paying out more than 100% of its profits and is paying out 85% of its cash flow. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.6%).
New Risk • May 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 2.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (139% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).
Reported Earnings • May 15First quarter 2026 earnings released: EPS: €0.086 (vs €0.30 in 1Q 2025)First quarter 2026 results: EPS: €0.086 (down from €0.30 in 1Q 2025). Revenue: €73.1m (up 2.5% from 1Q 2025). Net income: €1.07m (down 72% from 1Q 2025). Profit margin: 1.5% (down from 5.3% in 1Q 2025). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year.
New Risk • Apr 30New major risk - Revenue and earnings growthEarnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks High level of debt (44% net debt to equity). Dividend is not well covered by earnings (139% payout ratio). Large one-off items impacting financial results.
お知らせ • Mar 30Sabaf S.p.A., Annual General Meeting, Apr 29, 2026Sabaf S.p.A., Annual General Meeting, Apr 29, 2026, at 10:00 W. Europe Standard Time. Location: via dei carpini n 1, ospitaletto bs Italy
New Risk • May 21New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Dividend is not well covered by earnings (139% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).
Upcoming Dividend • May 18Upcoming dividend of €0.58 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. The company is paying out more than 100% of its profits and is paying out 85% of its cash flow. Trailing yield: 4.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.6%).
New Risk • May 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 2.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (139% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin).
Reported Earnings • May 15First quarter 2026 earnings released: EPS: €0.086 (vs €0.30 in 1Q 2025)First quarter 2026 results: EPS: €0.086 (down from €0.30 in 1Q 2025). Revenue: €73.1m (up 2.5% from 1Q 2025). Net income: €1.07m (down 72% from 1Q 2025). Profit margin: 1.5% (down from 5.3% in 1Q 2025). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 6% per year.
New Risk • Apr 30New major risk - Revenue and earnings growthEarnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks High level of debt (44% net debt to equity). Dividend is not well covered by earnings (139% payout ratio). Large one-off items impacting financial results.
お知らせ • Mar 30Sabaf S.p.A., Annual General Meeting, Apr 29, 2026Sabaf S.p.A., Annual General Meeting, Apr 29, 2026, at 10:00 W. Europe Standard Time. Location: via dei carpini n 1, ospitaletto bs Italy
Declared Dividend • Mar 30Dividend of €0.58 announcedDividend of €0.58 is the same as last year. Ex-date: 25th May 2026 Payment date: 27th May 2026 Dividend yield will be 4.4%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (139% earnings payout ratio). However, it is well covered by cash flows (44% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 55% to bring the payout ratio under control. EPS is expected to grow by 109% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
New Risk • Mar 25New major risk - Revenue and earnings growthEarnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Earnings have declined by 35% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (191% payout ratio). Large one-off items impacting financial results.
Reported Earnings • Mar 25Full year 2025 earnings released: EPS: €0.42 (vs €0.55 in FY 2024)Full year 2025 results: EPS: €0.42 (down from €0.55 in FY 2024). Revenue: €288.7m (up 1.3% from FY 2024). Net income: €5.18m (down 25% from FY 2024). Profit margin: 1.8% (down from 2.4% in FY 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 25Sabaf S.p.A. announces Annual dividend, payable on May 27, 2026Sabaf S.p.A. announced Annual dividend of EUR 0.5800 per share payable on May 27, 2026, ex-date on May 25, 2026 and record date on May 26, 2026.
New Risk • Mar 25New major risk - Revenue and earnings growthEarnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Earnings have declined by 35% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (191% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.7% net profit margin).
お知らせ • Dec 22+ 3 more updatesSabaf S.p.A. to Report Fiscal Year 2025 Final Results on Apr 29, 2026Sabaf S.p.A. announced that they will report fiscal year 2025 final results on Apr 29, 2026
Reported Earnings • Nov 12Third quarter 2025 earnings releasedThird quarter 2025 results: EPS: €0.17. Revenue: €71.7m (up 3.7% from 3Q 2024). Net income: €2.14m (up 79% from 3Q 2024). Profit margin: 3.0% (up from 1.7% in 3Q 2024). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Consumer Durables industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
New Risk • Oct 14New major risk - Revenue and earnings growthEarnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks High level of debt (47% net debt to equity). Dividend is not well covered by earnings (191% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).
Reported Earnings • Sep 05Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: €69.4m (down 8.5% from 2Q 2024). Net income: €1.45m (down 65% from 2Q 2024). Profit margin: 2.1% (down from 5.4% in 2Q 2024). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Consumer Durables industry in Europe.
Upcoming Dividend • May 19Upcoming dividend of €0.58 per shareEligible shareholders must have bought the stock before 26 May 2025. Payment date: 28 May 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.4%). In line with average of industry peers (4.2%).
New Risk • May 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Dividend is not well covered by earnings (105% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin).
Declared Dividend • Mar 27Dividend increased to €0.58Dividend of €0.58 is 7.4% higher than last year. Ex-date: 26th May 2025 Payment date: 28th May 2025 Dividend yield will be 4.0%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is covered by cash flows (61% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 16% to bring the payout ratio under control. EPS is expected to grow by 128% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
New Risk • Mar 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (105% payout ratio). Large one-off items impacting financial results.
お知らせ • Mar 26Sabaf S.p.A. announces Annual dividend, payable on May 28, 2025Sabaf S.p.A. announced Annual dividend of EUR 0.5800 per share payable on May 28, 2025, ex-date on May 26, 2025 and record date on May 27, 2025.
Buy Or Sell Opportunity • Mar 05Now 20% overvaluedOver the last 90 days, the stock has fallen 2.4% to €14.05. The fair value is estimated to be €11.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 96% in the next 2 years.
Buy Or Sell Opportunity • Jan 30Now 20% overvaluedOver the last 90 days, the stock has fallen 18% to €14.80. The fair value is estimated to be €12.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 96% in the next 2 years.
Buy Or Sell Opportunity • Jan 08Now 20% overvaluedOver the last 90 days, the stock has fallen 14% to €15.25. The fair value is estimated to be €12.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 96% in the next 2 years.
お知らせ • Dec 19+ 4 more updatesSabaf S.p.A. to Report First Half, 2025 Results on Sep 04, 2025Sabaf S.p.A. announced that they will report first half, 2025 results on Sep 04, 2025
Buy Or Sell Opportunity • Nov 26Now 20% overvaluedOver the last 90 days, the stock has fallen 6.3% to €15.75. The fair value is estimated to be €13.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 96% in the next 2 years.
Reported Earnings • Nov 14Third quarter 2024 earnings releasedThird quarter 2024 results: EPS: €0.095. Revenue: €72.2m (up 6.3% from 3Q 2023). Net income: €1.20m (down 57% from 3Q 2023). Profit margin: 1.7% (down from 4.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany.
New Risk • Sep 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
New Risk • May 27New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (11% increase in shares outstanding).
Upcoming Dividend • May 20Upcoming dividend of €0.54 per shareEligible shareholders must have bought the stock before 27 May 2024. Payment date: 29 May 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.0%).
Reported Earnings • May 15First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: €0.34. Revenue: €71.0m (up 22% from 1Q 2023). Net income: €4.27m (up €5.06m from 1Q 2023). Profit margin: 6.0% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • May 14Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to €18.30. The fair value is estimated to be €14.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 46%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 43% per annum over the same time period.
Buy Or Sell Opportunity • Apr 11Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to €18.05. The fair value is estimated to be €14.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 46%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 42% per annum over the same time period.
お知らせ • Apr 10Sabaf S.p.A., Annual General Meeting, May 08, 2024Sabaf S.p.A., Annual General Meeting, May 08, 2024, at 10:30 Central European Standard Time. Location: registered office in Ospitaletto (BS) Via dei Carpini no. 1 Brescia Italy Agenda: To discuss Financial report at 31 December 2023: management report prepared by the Board of Directors and consolidated non-financial statement; Independent Auditors' Report and Report of the Board of Statutory Auditors, approval of the Financial statements at 31 December 2023; to discuss Resolution on the dividend proposal; to discuss Report on remuneration policy and remuneration paid; to Appointment of the Board of Directors; to Appointment of the Board of Statutory Auditors for the three-year period from 2024 to 2026; to discuss Authorization to renew an insurance policy for the Company's directors, statutory auditors and managers for the period from 2024 to 2026; and to discuss other matters.
Buy Or Sell Opportunity • Mar 27Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.9% to €17.26. The fair value is estimated to be €14.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 46%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 42% per annum over the same time period.
New Risk • Mar 21New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 217% Dividend yield: 3.2% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risks Dividend is not well covered by earnings (217% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Shareholders have been diluted in the past year (11% increase in shares outstanding). Significant insider selling over the past 3 months (€450k sold).
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: €0.25 (vs €1.36 in FY 2022)Full year 2023 results: EPS: €0.25 (down from €1.36 in FY 2022). Revenue: €237.9m (down 6.0% from FY 2022). Net income: €3.10m (down 80% from FY 2022). Profit margin: 1.3% (down from 6.0% in FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 18+ 3 more updatesSabaf S.p.A. to Report Q3, 2024 Results on Nov 12, 2024Sabaf S.p.A. announced that they will report Q3, 2024 results on Nov 12, 2024
Recent Insider Transactions • Jan 24Director recently sold €450k worth of stockOn the 18th of January, Cinzia Saleri sold around 25k shares on-market at roughly €18.00 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €442k more than they bought in the last 12 months.
Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €70.1m (up 25% from 3Q 2022). Net income: €2.79m (up €2.70m from 3Q 2022). Profit margin: 4.0% (up from 0.2% in 3Q 2022). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Consumer Durables industry in Germany.
New Risk • Sep 08New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Shareholders have been diluted in the past year (11% increase in shares outstanding).
Reported Earnings • Sep 08Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €52.6m (down 30% from 2Q 2022). Net loss: €631.0k (down 111% from profit in 2Q 2022). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.
New Risk • Jul 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (54% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin). Shareholders have been diluted in the past year (11% increase in shares outstanding).
Reported Earnings • May 15First quarter 2023 earnings releasedFirst quarter 2023 results: €0.07 loss per share. Revenue: €60.4m (down 15% from 1Q 2022). Net loss: €791.0k (down 111% from profit in 1Q 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 17Full year 2022 earnings releasedFull year 2022 results: Revenue: €263.2m (flat on FY 2021). Net income: €15.7m (down 34% from FY 2021). Profit margin: 6.0% (down from 9.1% in FY 2021). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Consumer Durables industry in Germany.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. 2 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Carlo Scarpa was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 16Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €57.7m (down 8.5% from 3Q 2021). Net income: €88.0k (down 99% from 3Q 2021). Profit margin: 0.2% (down from 10% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Consumer Durables industry in Germany.
Reported Earnings • Nov 13Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €57.7m (down 8.5% from 3Q 2021). Net income: €88.0k (down 99% from 3Q 2021). Profit margin: 0.2% (down from 10% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Durables industry in Germany.
Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improved over the past weekAfter last week's 16% share price gain to €18.78, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Consumer Durables industry in Germany. Total returns to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.46 per share.
Reported Earnings • Sep 01Second quarter 2022 earnings released: EPS: €0.49 (vs €0.74 in 2Q 2021)Second quarter 2022 results: EPS: €0.49 (down from €0.74 in 2Q 2021). Revenue: €74.8m (up 2.7% from 2Q 2021). Net income: €5.55m (down 33% from 2Q 2021). Profit margin: 7.4% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.7%, compared to a 2.0% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 23Upcoming dividend of €0.60 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 01 June 2022. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (3.0%).
Reported Earnings • May 15First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: €73.4m (up 13% from 1Q 2021). Net income: €7.45m (down 12% from 1Q 2021). Profit margin: 10% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.9%, compared to a 7.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Director Carlo Scarpa was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 09Full year 2021 earnings released: EPS: €2.13 (vs €1.24 in FY 2020)Full year 2021 results: EPS: €2.13 (up from €1.24 in FY 2020). Revenue: €263.3m (up 42% from FY 2020). Net income: €23.9m (up 71% from FY 2020). Profit margin: 9.1% (up from 7.6% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.5%, compared to a 8.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to €23.70, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €25.08 per share.
お知らせ • Mar 31Sabaf S.p.A., Annual General Meeting, Apr 28, 2022Sabaf S.p.A., Annual General Meeting, Apr 28, 2022, at 10:30 Central European Standard Time. Agenda: To discuss Presentation of the 2021 Annual Report;To consider Report on remuneration policy and remuneration paid - resolution on the second section pursuant to paragraph 6 of Article 123-ter of Legislative Decree 58/1998; Authorization for the purchase and disposal of treasury shares subject to revocation of the resolution of 6 May 2021 for the non-executed part; Related and consequent resolutions;and discus other matters.
Buying Opportunity • Mar 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €24.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% per annum over the last 3 years. Earnings per share has grown by 221% over the last year.
Reported Earnings • Feb 11Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: €271.9m (up 47% from FY 2020). Net income: €23.9m (up 71% from FY 2020). Profit margin: 8.8% (up from 7.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 1.9%, compared to a 7.3% growth forecast for the industry in Germany.
Reported Earnings • Nov 14Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €64.6m (up 37% from 3Q 2020). Net income: €6.51m (up 258% from 3Q 2020). Profit margin: 10% (up from 3.9% in 3Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Aug 05Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €75.4m (up 120% from 2Q 2020). Net income: €8.29m (up €7.42m from 2Q 2020). Profit margin: 11% (up from 2.6% in 2Q 2020). The increase in margin was driven by higher revenue.
Upcoming Dividend • May 25Upcoming dividend of €0.55 per shareEligible shareholders must have bought the stock before 31 May 2021. Payment date: 02 June 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (2.3%).
Analyst Estimate Surprise Post Earnings • Feb 14Revenue beats expectationsRevenue exceeded analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 4.1%, compared to a 7.2% growth forecast for the Consumer Durables industry in Germany.
Reported Earnings • Feb 14Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €192.1m (up 23% from FY 2019). Net income: €14.0m (up 36% from FY 2019). Profit margin: 7.3% (up from 6.6% in FY 2019). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Feb 12New 90-day high: €19.30The company is up 43% from its price of €13.45 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 23% over the same period.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improved over the past weekAfter last week's 19% share price gain to €18.55, the stock is trading at a trailing P/E ratio of 23.7x, up from the previous P/E ratio of 19.9x. This compares to an average P/E of 27x in the Consumer Durables industry in Germany. Total returns to shareholders over the past three years are 20%.
Is New 90 Day High Low • Jan 21New 90-day high: €16.40The company is up 31% from its price of €12.55 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 20% over the same period.
Valuation Update With 7 Day Price Move • Dec 04Market bids up stock over the past weekAfter last week's 17% share price gain to €15.05, the stock is trading at a trailing P/E ratio of 19.5x, up from the previous P/E ratio of 16.7x. This compares to an average P/E of 25x in the Consumer Durables industry in Germany. Total return to shareholders over the past three years is a loss of 23%.
Is New 90 Day High Low • Dec 02New 90-day high: €14.35The company is up 23% from its price of €11.70 on 03 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 13% over the same period.
Analyst Estimate Surprise Post Earnings • Nov 16Revenue misses expectationsRevenue missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 14%, compared to a 4.6% growth forecast for the Consumer Durables industry in Germany.
Analyst Estimate Surprise Post Earnings • Nov 12Revenue misses expectationsRevenue missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 14%, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany.
Upcoming Dividend • Oct 05Upcoming Dividend of €0.35 Per ShareWill be paid on the 14th of October to those who are registered shareholders by the 12th of October. The trailing yield of 2.7% is below the top quartile of German dividend payers (3.7%), but is in line with industry peers (2.6%).
Is New 90 Day High Low • Oct 03New 90-day high: €12.85The company is up 19% from its price of €10.80 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 15% over the same period.
お知らせ • Sep 11Sabaf S.p.A. (BIT:SAB) acquired an additional 15.75% stake in CMI s.r.l from Guangdong Xingye Investment Limited Liability Company for €3.1 million.Sabaf S.p.A. (BIT:SAB) acquired an additional 15.75% stake in CMI s.r.l from Guangdong Xingye Investment Limited Liability Company for €3.1 million on September 10, 2020. Upon completion of the transaction, Sabaf will now hold 84.25% stake in CMI. Sabaf S.p.A. (BIT:SAB) completed the acquisition of an additional 15.75% stake in CMI s.r.l from Guangdong Xingye Investment Limited Liability Company on September 10, 2020.
