Steamships Trading
Market Cap
AU$294.6m
Last Updated
2020/10/24 10:37 UTC
Data Sources
Company Financials
Executive Summary
Steamships Trading Company Limited engages in the shipping, transport, property, manufacturing, and hotel businesses in Papua New Guinea. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and good value.
Share Price & News
How has Steamships Trading's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SST has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
SST
1.4%
AU Industrials
-0.3%
AU Market
1 Year Return
-26.9%
SST
-8.3%
AU Industrials
-6.9%
AU Market
Return vs Industry: SST underperformed the Australian Industrials industry which returned -8.3% over the past year.
Return vs Market: SST underperformed the Australian Market which returned -7% over the past year.
Shareholder returns
| SST | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.4% | -0.3% |
| 30 Day | -1.0% | 5.6% | 5.1% |
| 90 Day | n/a | 3.1% | 4.2% |
| 1 Year | -25.1%-26.9% | -4.2%-8.3% | -3.5%-6.9% |
| 3 Year | -51.0%-54.8% | -17.0%-26.2% | 18.1%3.0% |
| 5 Year | -40.0%-47.2% | -6.2%-21.3% | 44.2%15.1% |
Price Volatility Vs. Market
How volatile is Steamships Trading's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Steamships Trading's(ASX:SST) Share Price Is Down 55% Over The Past Three Years.1 month ago | Simply Wall St
Does Steamships Trading (ASX:SST) Have A Healthy Balance Sheet?2 months ago | Simply Wall St
Steamships Trading Company Limited's (ASX:SST) Share Price Could Signal Some RiskValuation
Is Steamships Trading undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SST (A$9.5) is trading below our estimate of fair value (A$71.42)
Significantly Below Fair Value: SST is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SST is good value based on its PE Ratio (13.3x) compared to the XX Industrials industry average (15.5x).
PE vs Market: SST is good value based on its PE Ratio (13.3x) compared to the Australian market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SST's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SST's PB Ratio (0.8x) is in line with the XX Industrials industry average.
Next Steps
Future Growth
How is Steamships Trading forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.6%
Forecasted Capital Goods 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 Steamships Trading 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 Steamships Trading 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.
- Steamships Trading competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Steamships Trading performed over the past 5 years?
-28.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SST has high quality earnings.
Growing Profit Margin: SST's current net profit margins (9.8%) are higher than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: SST's earnings have declined by 28.1% per year over the past 5 years.
Accelerating Growth: SST's earnings growth over the past year (297.1%) exceeds its 5-year average (-28.1% per year).
Earnings vs Industry: SST earnings growth over the past year (297.1%) exceeded the Industrials industry -12.9%.
Return on Equity
High ROE: SST's Return on Equity (6.2%) is considered low.
Next Steps
Financial Health
How is Steamships Trading's financial position?
Financial Position Analysis
Short Term Liabilities: SST's short term assets (PGK278.1M) do not cover its short term liabilities (PGK351.1M).
Long Term Liabilities: SST's short term assets (PGK278.1M) exceed its long term liabilities (PGK216.6M).
Debt to Equity History and Analysis
Debt Level: SST's debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: SST's debt to equity ratio has reduced from 78.8% to 35.5% over the past 5 years.
Debt Coverage: SST's debt is well covered by operating cash flow (47.1%).
Interest Coverage: SST's interest payments on its debt are well covered by EBIT (7.1x coverage).
Balance Sheet
Next Steps
Dividend
What is Steamships Trading current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SST's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SST's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SST's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SST is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SST's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average board tenure
CEO
Rupert Peter Bray
0.083
Tenure
Mr. Rupert Peter Napier Bray serves as Managing Director of Steamships Trading Company Limited since September 21, 2020 and its Director since August 27, 2018. Mr. Bray served as Chief Operating Officer at ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 0.083yr | no data | no data | |
| Finance Director | 4.33yrs | no data | no data | |
| Non Executive Director | 20.75yrs | K218.00k | 19.99% PGK 58.9m | |
| Independent Non Executive Director | 23.75yrs | K121.00k | no data | |
| Non Executive Director | 17.75yrs | K218.00k | no data | |
| Non Executive Director | 15.17yrs | K170.00k | no data | |
| Alternate Director | 9.92yrs | no data | no data | |
| Chairman of the Board | 5.67yrs | K218.00k | no data | |
| Non-Executive Director | 5.75yrs | K243.00k | no data | |
| Director | 1.17yrs | K61.00k | no data | |
| Non Executive Director | 5.08yrs | K121.00k | no data | |
| Director | 1.17yrs | K61.00k | no data |
5.7yrs
Average Tenure
63yo
Average Age
Experienced Board: SST's board of directors are considered experienced (5.7 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Steamships Trading Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Steamships Trading Company Limited
- Ticker: SST
- Exchange: ASX
- Founded: 1918
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: AU$294.578m
- Shares outstanding: 31.01m
- Website: https://www.steamships.com.pg
Number of Employees
Location
- Steamships Trading Company Limited
- Harbourside West
- Level 5
- Port Moresby
- 121
- Papua New Guinea
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SST | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
| SST | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jan 1992 |
Biography
Steamships Trading Company Limited engages in the shipping, transport, property, manufacturing, and hotel businesses in Papua New Guinea. It operates through three segments: Hotels and Property, Logistics, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/24 10:37 |
| End of Day Share Price | 2020/10/12 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.