Schaffer
Market Cap
AU$211.4m
Last Updated
2020/10/30 10:42 UTC
Data Sources
Company Financials
Executive Summary
Schaffer Corporation Limited, a diversified industrial company, manufactures and sells automotive leather and building materials primarily in Australia, Asia, and Europe. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with proven track record.
Share Price & News
How has Schaffer's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SFC has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
3.2%
SFC
-3.0%
AU Auto Components
-3.5%
AU Market
1 Year Return
9.1%
SFC
40.7%
AU Auto Components
-9.2%
AU Market
Return vs Industry: SFC underperformed the Australian Auto Components industry which returned 40.7% over the past year.
Return vs Market: SFC exceeded the Australian Market which returned -9.2% over the past year.
Shareholder returns
| SFC | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.2% | -3.0% | -3.5% |
| 30 Day | 1.8% | 8.9% | 0.5% |
| 90 Day | 15.5% | 39.4% | 2.3% |
| 1 Year | 14.7%9.1% | 43.7%40.7% | -6.0%-9.2% |
| 3 Year | 97.5%73.7% | 61.0%48.4% | 12.4%-1.8% |
| 5 Year | 310.8%232.5% | 128.7%99.8% | 39.6%10.8% |
Price Volatility Vs. Market
How volatile is Schaffer's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is There More Growth In Store For Schaffer's (ASX:SFC) Returns On Capital?3 weeks ago | Simply Wall St
What Kind Of Investors Own Most Of Schaffer Corporation Limited (ASX:SFC)?1 month ago | Simply Wall St
Have Insiders Been Buying Schaffer Corporation Limited (ASX:SFC) Shares?Valuation
Is Schaffer undervalued compared to its fair value and its price relative to the market?
9.03x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SFC (A$15.53) is trading above our estimate of fair value (A$7.03)
Significantly Below Fair Value: SFC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SFC is good value based on its PE Ratio (9x) compared to the AU Auto Components industry average (39.7x).
PE vs Market: SFC is good value based on its PE Ratio (9x) compared to the Australian market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SFC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SFC is good value based on its PB Ratio (1.8x) compared to the AU Auto Components industry average (4.3x).
Next Steps
Future Growth
How is Schaffer forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
38.9%
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Schaffer has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Schaffer is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Schaffer competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Automobiles industry.
Past Performance
How has Schaffer performed over the past 5 years?
38.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SFC has a large one-off gain of A$10.4M impacting its June 30 2020 financial results.
Growing Profit Margin: SFC's current net profit margins (15.1%) are higher than last year (11.3%).
Past Earnings Growth Analysis
Earnings Trend: SFC's earnings have grown significantly by 38.2% per year over the past 5 years.
Accelerating Growth: SFC's earnings growth over the past year (2.8%) is below its 5-year average (38.2% per year).
Earnings vs Industry: SFC earnings growth over the past year (2.8%) exceeded the Auto Components industry -27.3%.
Return on Equity
High ROE: SFC's Return on Equity (21.9%) is considered high.
Next Steps
Financial Health
How is Schaffer's financial position?
Financial Position Analysis
Short Term Liabilities: SFC's short term assets (A$98.3M) exceed its short term liabilities (A$40.3M).
Long Term Liabilities: SFC's short term assets (A$98.3M) exceed its long term liabilities (A$79.1M).
Debt to Equity History and Analysis
Debt Level: SFC's debt to equity ratio (43.6%) is considered high.
Reducing Debt: SFC's debt to equity ratio has reduced from 84.5% to 43.6% over the past 5 years.
Debt Coverage: SFC's debt is well covered by operating cash flow (38.5%).
Interest Coverage: SFC's interest payments on its debt are well covered by EBIT (12x coverage).
Balance Sheet
Next Steps
Dividend
What is Schaffer current dividend yield, its reliability and sustainability?
5.15%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SFC's dividend (5.15%) is higher than the bottom 25% of dividend payers in the Australian market (2.17%).
High Dividend: SFC's dividend (5.15%) is low compared to the top 25% of dividend payers in the Australian market (5.52%).
Stability and Growth of Payments
Stable Dividend: SFC's dividend payments have been volatile in the past 10 years.
Growing Dividend: SFC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.5%), SFC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
10.4yrs
Average management tenure
CEO
John Schaffer (70 yo)
33.75yrs
Tenure
AU$1,392,438
Compensation
Mr. John Michael Schaffer, BCom (Hons) FCPA FAICD, has been Managing Director at Schaffer Corporation Limited since 1987 and has been its Chairman since 1988. Mr. Schaffer has been Chairman of Howe Automot ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD976.60K) is above average for companies of similar size in the Australian market ($USD275.10K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 33.75yrs | AU$1.39m | 13.07% A$ 27.6m | |
| Chief Financial Officer | 3.25yrs | AU$831.80k | 0.24% A$ 504.7k | |
| Executive Director | 18.92yrs | AU$1.08m | 2.55% A$ 5.4m | |
| Group Financial Controller & Company Secretary | 9.58yrs | AU$338.03k | 0.11% A$ 239.9k | |
| General Manager of Delta Corporation Limited | 11.25yrs | AU$351.23k | 0.021% A$ 45.1k | |
| General Manager of Howe Automotive Ltd | 4.75yrs | AU$267.92k | no data | |
| Group General Manager of Schaffer Building Products Group | no data | AU$508.22k | no data |
10.4yrs
Average Tenure
54yo
Average Age
Experienced Management: SFC's management team is seasoned and experienced (10.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 33.75yrs | AU$1.39m | 13.07% A$ 27.6m | |
| Executive Director | 18.92yrs | AU$1.08m | 2.55% A$ 5.4m | |
| Non-Executive Independent Director | 15.58yrs | AU$83.00k | 0.062% A$ 132.0k | |
| Non Executive Director | 33.33yrs | AU$83.00k | 6.68% A$ 14.1m | |
| Non-Executive Independent Director | 21.33yrs | AU$83.00k | 4.37% A$ 9.2m |
21.3yrs
Average Tenure
70yo
Average Age
Experienced Board: SFC's board of directors are seasoned and experienced ( 21.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Schaffer Corporation Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Schaffer Corporation Limited
- Ticker: SFC
- Exchange: ASX
- Founded: 1955
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: AU$211.446m
- Shares outstanding: 13.62m
- Website: https://www.schaffer.com.au
Number of Employees
Location
- Schaffer Corporation Limited
- 1305 Hay Street
- West Perth
- Western Australia
- 6005
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SFC | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| SFC | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
Biography
Schaffer Corporation Limited, a diversified industrial company, manufactures and sells automotive leather and building materials primarily in Australia, Asia, and Europe. The company’s Automotive Leather s ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/30 10:42 |
| End of Day Share Price | 2020/10/29 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.