Schaffer
Market Cap
AU$192.4m
Last Updated
2019/10/21 10:31 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.
Snowflake
Fundamentals
Flawless balance sheet established dividend payer.
Share Price & News
How has Schaffer's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-3.2%
SFC
-1.5%
AU Auto Components
-0.2%
AU Market
1 Year Return
-12.4%
SFC
-3.3%
AU Auto Components
10.5%
AU Market
Return vs Industry: SFC underperformed the Australian Auto Components industry which returned -3.3% over the past year.
Return vs Market: SFC underperformed the Australian Market which returned 10.5% over the past year.
Shareholder returns
| SFC | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.2% | -1.5% | -0.2% |
| 30 Day | 2.9% | -3.3% | -1.4% |
| 90 Day | -0.6% | -0.4% | -1.0% |
| 1 Year | -8.0%-12.4% | 0.2%-3.3% | 16.9%10.5% |
| 3 Year | 199.5%167.0% | 21.3%11.2% | 36.9%18.6% |
| 5 Year | 211.8%152.6% | 72.6%41.5% | 50.2%16.2% |
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 Schaffer Corporation Limited (ASX:SFC) Better Than Average At Deploying Capital?2 weeks ago | Simply Wall St
Schaffer Corporation Limited (ASX:SFC) Has A ROE Of 24%3 weeks ago | Simply Wall St
Was Schaffer Corporation Limited's (ASX:SFC) Earnings Growth Better Than The Industry's?Valuation
Is Schaffer undervalued compared to its fair value and its price relative to the market?
14.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SFC (A$14.02) is trading below our estimate of fair value (A$16.45)
Significantly Below Fair Value: SFC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SFC is good value based on its PE Ratio (8.5x) compared to the Auto Components industry average (15.1x).
PE vs Market: SFC is good value based on its PE Ratio (8.5x) compared to the Australian market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: SFC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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 (4.2x).
Next Steps
Future Growth
How is Schaffer forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-6.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SFC's earnings are forecast to decline over the next 3 years (-6.2% per year).
Earnings vs Market: SFC's earnings are forecast to decline over the next 3 years (-6.2% per year).
High Growth Earnings: SFC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SFC's revenue is expected to decline over the next 3 years (-1% per year).
High Growth Revenue: SFC's revenue is forecast to decline over the next 3 years (-1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SFC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Schaffer performed over the past 5 years?
43.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SFC's earnings have grown significantly by 43.2% per year over the past 5 years.
Accelerating Growth: SFC's earnings growth over the past year (20.2%) is below its 5-year average (43.2% per year).
Earnings vs Industry: SFC earnings growth over the past year (20.2%) underperformed the Auto Components industry 20.2%.
Return on Equity
High ROE: SFC's Return on Equity (23.9%) is considered high.
Return on Assets
ROA vs Industry: SFC's Return on Assets is below or equal to the Auto Components industry average last year.
Return on Capital Employed
ROCE Improving: SFC has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Schaffer's financial position?
Financial Position Analysis
Short Term Liabilities: SFC's short term assets (A$114.7M) exceeds its short term liabilities (A$60.2M)
Long Term Liabilities: SFC's short term assets (114.7M) exceeds its long term liabilities (32.0M)
Debt to Equity History and Analysis
Debt Level: SFC's debt to equity ratio (25.6%) is considered satisfactory
Reducing Debt: SFC's debt to equity ratio has reduced from 68.7% to 25.6% over the past 5 years.
Debt Coverage: SFC's debt is well covered by operating cash flow (111.1%).
Interest Coverage: SFC's interest payments on its debt are well covered by EBIT (16.5x coverage).
Balance Sheet
Inventory Level: SFC has a high level of physical assets or inventory.
Debt Coverage by Assets: SFC's debt is covered by short term assets (assets are 3.858840x debt).
Next Steps
Dividend
What is Schaffer's current dividend yield, its reliability and sustainability?
5.71%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: SFC's dividend (5.71%) is higher than the bottom 25% of dividend payers in the Australian market (2.44%).
High Dividend: SFC's dividend (5.71%) is in the top 25% of dividend payers in the Australian market (5.61%)
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 (42.3%), SFC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SFC's dividends in 3 years are forecast to be covered by earnings (63.4% payout ratio).
Next Steps
Management
What is the CEO of Schaffer's salary, the management and board of directors tenure and is there insider trading?
9.4yrs
Average management tenure
CEO
John Schaffer (69yo)
32.8yrs
Tenure
AU$1,393,895
Compensation
Mr. John Michael Schaffer, BCom (Hons) FCPA FAICD, has been Managing Director at Schaffer Corporation Limited since 1987 and has been its Chairman since 1988. Mr. Schaffer has been Chairman of Howe Automot ...
CEO Compensation Analysis
Compensation vs. Market: John's total compensation ($USD954.27K) is about average for companies of similar size in the Australian market ($USD259.85K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Management Age and Tenure
9.4yrs
Average Tenure
53yo
Average Age
Experienced Management: SFC's management team is seasoned and experienced (9.4 years average tenure).
Board Age and Tenure
20.3yrs
Average Tenure
69yo
Average Age
Experienced Board: SFC's board of directors are seasoned and experienced ( 20.3 years average tenure).
Insider Trading
Insider Buying: SFC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer Chairman & MD |
| Shares | 12,500 |
| Max Price | AU$14.20 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Independent Director |
| Shares | 2,300 |
| Max Price | AU$14.20 |
Ownership Breakdown
Management Team
Anton Mayer (77yo)
Executive Director
- Tenure: 17.9yrs
- Compensation: AU$951.54k
John Schaffer (69yo)
Chairman & MD
- Tenure: 32.8yrs
- Compensation: AU$1.39m
Jason Walsh (48yo)
General Manager of Delta Corporation Limited
- Tenure: 10.3yrs
- Compensation: AU$351.15k
Mike Falconer (65yo)
Group General Manager of Schaffer Building Products Group
- Tenure: 0yrs
- Compensation: AU$508.22k
Jason Cantwell (47yo)
Group Financial Controller & Company Secretary
- Tenure: 8.6yrs
- Compensation: AU$301.72k
Ralph Leib (48yo)
Chief Financial Officer
- Tenure: 2.3yrs
- Compensation: AU$1.24m
Dan Birks (53yo)
General Manager of Howe Automotive Ltd
- Tenure: 3.8yrs
- Compensation: AU$1.63m
Board Members
Michael Perrott (69yo)
Non-Executive Independent Director
- Tenure: 14.7yrs
- Compensation: AU$81.37k
Anton Mayer (77yo)
Executive Director
- Tenure: 17.9yrs
- Compensation: AU$951.54k
Danielle Blain (75yo)
Non Executive Director
- Tenure: 32.3yrs
- Compensation: AU$83.00k
John Schaffer (69yo)
Chairman & MD
- Tenure: 32.8yrs
- Compensation: AU$1.39m
David Schwartz (65yo)
Non-Executive Independent Director
- Tenure: 20.3yrs
- Compensation: AU$83.94k
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$192.365m
- Shares outstanding: 13.74m
- 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 | 2019/10/21 10:31 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.