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SND

Saunders InternationalASX:SND Stock Report

Market Cap

AU$79.0m

7D

-4.5%

1Y

33.9%

Updated

15 Oct, 2021

Data

Company Financials +
SND fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends2/6

SND Overview

Saunders International Limited engages in the design, construction, and maintenance of bulk liquid storage facilities, tanks, and road and rail bridges in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Saunders International
Historical stock prices
Current Share PriceAU$0.75
52 Week HighAU$0.54
52 Week LowAU$0.81
Beta0.58
1 Month Change0%
3 Month Change-6.25%
1 Year Change33.93%
3 Year Change87.50%
5 Year Change32.74%
Change since IPO10.29%

Recent News & Updates

Oct 14
Shareholders May Not Be So Generous With Saunders International Limited's (ASX:SND) CEO Compensation And Here's Why

Shareholders May Not Be So Generous With Saunders International Limited's (ASX:SND) CEO Compensation And Here's Why

Performance at Saunders International Limited ( ASX:SND ) has been reasonably good and CEO Mark Benson has done a...

Shareholder Returns

SNDAU ConstructionAU Market
7D-4.5%0.9%0.9%
1Y33.9%1.7%20.2%

Return vs Industry: SND exceeded the Australian Construction industry which returned 1.6% over the past year.

Return vs Market: SND exceeded the Australian Market which returned 19.3% over the past year.

Price Volatility

Is SND's price volatile compared to industry and market?
SND volatility
SND Beta0.58
Industry Beta0.99
Market Beta1

Stable Share Price: SND is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SND's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1951213Mark Bensonhttps://www.saundersint.com

Saunders International Limited engages in the design, construction, and maintenance of bulk liquid storage facilities, tanks, and road and rail bridges in Australia. The company also manufactures precast concrete products for transport infrastructure projects; and provides a range of specialized services for the maintenance of commercial, industrial, and marine infrastructure and assets. In addition, it engages in the engineering, procurement, and construction of fuel and chemical storage terminals, bridges and marine structures, precast concrete, concrete foundation works for heavy industry, foundation systems, jetty and wharves construction, building and construction management, water reservoirs, and pumping stations, as well as coal bins, hoppers, and associated steel works.

Saunders International Fundamentals Summary

How do Saunders International's earnings and revenue compare to its market cap?
SND fundamental statistics
Market CapAU$79.04m
Earnings (TTM)AU$5.54m
Revenue (TTM)AU$101.34m

14.3x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SND income statement (TTM)
RevenueAU$101.34m
Cost of RevenueAU$58.84m
Gross ProfitAU$42.51m
ExpensesAU$36.96m
EarningsAU$5.54m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.053
Gross Margin41.94%
Net Profit Margin5.47%
Debt/Equity Ratio0%

How did SND perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

28%

Payout Ratio

Valuation

Is Saunders International undervalued compared to its fair value and its price relative to the market?

14.26x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SND (A$0.75) is trading above our estimate of fair value (A$0.71)

Significantly Below Fair Value: SND is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SND is good value based on its PE Ratio (14.3x) compared to the Australian Construction industry average (16.1x).

PE vs Market: SND is good value based on its PE Ratio (14.3x) compared to the Australian market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: SND is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: SND is overvalued based on its PB Ratio (2.8x) compared to the AU Construction industry average (2x).


Future Growth

How is Saunders International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

10.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SND's forecast earnings growth (10.4% per year) is above the savings rate (1.9%).

Earnings vs Market: SND's earnings (10.4% per year) are forecast to grow slower than the Australian market (11.5% per year).

High Growth Earnings: SND's earnings are forecast to grow, but not significantly.

Revenue vs Market: SND's revenue (9.4% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: SND's revenue (9.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SND's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Saunders International performed over the past 5 years?

9.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SND has high quality earnings.

Growing Profit Margin: SND's current net profit margins (5.5%) are higher than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: SND's earnings have grown by 9.7% per year over the past 5 years.

Accelerating Growth: SND's earnings growth over the past year (337.8%) exceeds its 5-year average (9.7% per year).

Earnings vs Industry: SND earnings growth over the past year (337.8%) exceeded the Construction industry 25%.


Return on Equity

High ROE: SND's Return on Equity (19.7%) is considered low.


Financial Health

How is Saunders International's financial position?


Financial Position Analysis

Short Term Liabilities: SND's short term assets (A$37.3M) exceed its short term liabilities (A$20.3M).

Long Term Liabilities: SND's short term assets (A$37.3M) exceed its long term liabilities (A$2.0M).


Debt to Equity History and Analysis

Debt Level: SND is debt free.

Reducing Debt: SND had no debt 5 years ago.

Debt Coverage: SND has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SND has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Saunders International current dividend yield, its reliability and sustainability?

2.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SND's dividend (2%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.28%).

High Dividend: SND's dividend (2%) is low compared to the top 25% of dividend payers in the Australian market (5.31%).


Stability and Growth of Payments

Stable Dividend: SND's dividend payments have been volatile in the past 10 years.

Growing Dividend: SND's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28%), SND's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SND's dividends in 3 years are forecast to be well covered by earnings (44.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Mark Benson

6yrs

Tenure

AU$1,026,831

Compensation

Mr. Mark Benson, GAICD has been Chief Executive Officer and Managing Director of Saunders International Limited since October 5, 2015. Mr. Benson serves as General Manager of RCR Energy of RCR Tomlinson Li...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD761.46K) is above average for companies of similar size in the Australian market ($USD300.24K).

Compensation vs Earnings: Mark's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: SND's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: SND's board of directors are considered experienced (6.2 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 been diluted in the past year, with total shares outstanding growing by 2.5%.


Top Shareholders

Company Information

Saunders International Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Saunders International Limited
  • Ticker: SND
  • Exchange: ASX
  • Founded: 1951
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: AU$79.041m
  • Shares outstanding: 105.39m
  • Website: https://www.saundersint.com

Number of Employees


Location

  • Saunders International Limited
  • Building F
  • Suite 2.04, Level 2
  • Rhodes
  • New South Wales
  • 2138
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 07:03
End of Day Share Price2021/10/14 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.