| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
SST Stock Overview
Steamships Trading Company Limited engages in the shipping, transport, property, and hotel businesses in Papua New Guinea.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$10.01 |
| 52 Week High | AU$10.10 |
| 52 Week Low | AU$8.80 |
| Beta | 0.10 |
| 1 Month Change | 0.10% |
| 3 Month Change | 11.22% |
| 1 Year Change | 5.37% |
| 3 Year Change | n/a |
| 5 Year Change | -52.33% |
| Change since IPO | 525.63% |
Recent News & Updates
Do Steamships Trading's (ASX:SST) Earnings Warrant Your Attention?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Shareholder Returns
| SST | AU Industrials | AU Market | |
|---|---|---|---|
| 7D | -0.1% | -0.2% | -0.5% |
| 1Y | 5.4% | 12.8% | 10.4% |
Return vs Industry: SST underperformed the Australian Industrials industry which returned 12.8% over the past year.
Return vs Market: SST underperformed the Australian Market which returned 10.4% over the past year.
Price Volatility
| SST volatility | |
|---|---|
| SST Average Weekly Movement | n/a |
| Industrials Industry Average Movement | 4.5% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in AU Market | 15.2% |
| 10% least volatile stocks in AU Market | 3.6% |
Stable Share Price: Insufficient data to determine SST's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine SST's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1918 | 2,412 | Rupert Peter Bray | https://www.steamships.com.pg |
Steamships Trading Company Limited engages in the shipping, transport, property, and hotel businesses in Papua New Guinea. It operates through three segments: Hotels and Property, Logistics, and Commercial and Investment. It offers scheduled services to manufacturers, wholesalers, and liner carriers; depot services comprising equipment hire, warehousing, and bonded or unbonded yard storage; short and long term vessel charters specialized in shallow water river shipping; and intermodal logistics solutions linked to land based services, such as road transport, cargo handling, storage, agency, customs clearance, lay down areas, and warehousing.
Steamships Trading Fundamentals Summary
| SST fundamental statistics | |
|---|---|
| Market Cap | K791.74m |
| Earnings (TTM) | K95.86m |
| Revenue (TTM) | K569.53m |
8.3x
P/E Ratio1.4x
P/S RatioIs SST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SST income statement (TTM) | |
|---|---|
| Revenue | K569.53m |
| Cost of Revenue | K110.78m |
| Gross Profit | K458.75m |
| Expenses | K362.89m |
| Earnings | K95.86m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.09 |
| Gross Margin | 80.55% |
| Net Profit Margin | 16.83% |
| Debt/Equity Ratio | 29.5% |
How did SST perform over the long term?
See historical performance and comparisonDividends
2.7%
Current Dividend Yield37%
Payout RatioValuation
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$10.01) is trading below our estimate of fair value (A$41.68)
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 (8.3x) compared to the Global Industrials industry average (13x).
PE vs Market: SST is good value based on its PE Ratio (8.3x) compared to the Australian market (19.3x).
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 is good value based on its PB Ratio (0.8x) compared to the XX Industrials industry average (1.2x).
Future Growth
How is Steamships Trading forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
17.9%
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.
Past Performance
How has Steamships Trading performed over the past 5 years?
-0.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SST has high quality earnings.
Growing Profit Margin: SST's current net profit margins (16.8%) are higher than last year (9.8%).
Past Earnings Growth Analysis
Earnings Trend: SST's earnings have declined by 0.6% per year over the past 5 years.
Accelerating Growth: SST's earnings growth over the past year (73.8%) exceeds its 5-year average (-0.6% per year).
Earnings vs Industry: SST earnings growth over the past year (73.8%) exceeded the Industrials industry 42.1%.
Return on Equity
High ROE: SST's Return on Equity (9.9%) is considered low.
Financial Health
How is Steamships Trading's financial position?
Financial Position Analysis
Short Term Liabilities: SST's short term assets (PGK290.6M) exceed its short term liabilities (PGK258.3M).
Long Term Liabilities: SST's short term assets (PGK290.6M) exceed its long term liabilities (PGK279.7M).
Debt to Equity History and Analysis
Debt Level: SST's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: SST's debt to equity ratio has reduced from 70.3% to 29.5% over the past 5 years.
Debt Coverage: SST's debt is well covered by operating cash flow (61.7%).
Interest Coverage: SST's interest payments on its debt are well covered by EBIT (8.6x coverage).
Balance Sheet
Dividend
What is Steamships Trading current dividend yield, its reliability and sustainability?
2.74%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SST's dividend (2.74%) is higher than the bottom 25% of dividend payers in the Australian market (2.18%).
High Dividend: SST's dividend (2.74%) is low compared to the top 25% of dividend payers in the Australian market (5.39%).
Stability and Growth of Payments
Stable Dividend: SST's dividend payments have been volatile in the past 10 years.
Growing Dividend: SST's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.2%), SST'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?
1.3yrs
Average management tenure
CEO
Rupert Peter Bray
1.33yrs
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...
Leadership Team
Experienced Management: SST's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Experienced Board: SST's board of directors are considered experienced (6 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 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
- Implied Market Cap: AU$310.392m
- 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
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 07:03 |
| End of Day Share Price | 2022/01/11 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.