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SIO

Simonds GroupASX:SIO Stock Report

Market Cap

AU$62.1m

7D

-5.9%

1Y

1.3%

Updated

30 Nov, 2021

Data

Company Financials
SIO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

SIO Stock Overview

Simonds Group Limited, together with its subsidiaries, provides homebuilder and registered training services in Australia.

Risk Analysis

Does not have a meaningful market cap (A$62M)


Simonds Group Competitors

Tamawood

ASX:TWD

AU$97.5m

Fletcher Building

NZSE:FBU

NZ$5.4b

Price History & Performance

Summary of all time highs, changes and price drops for Simonds Group
Historical stock prices
Current Share PriceAU$0.40
52 Week HighAU$0.64
52 Week LowAU$0.37
Beta0.92
1 Month Change-6.98%
3 Month Change-24.53%
1 Year Change1.27%
3 Year Change25.00%
5 Year Change26.98%
Change since IPO-75.00%

Recent News & Updates

Sep 30
Capital Allocation Trends At Simonds Group (ASX:SIO) Aren't Ideal

Capital Allocation Trends At Simonds Group (ASX:SIO) Aren't Ideal

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...

Shareholder Returns

SIOAU Consumer DurablesAU Market
7D-5.9%-2.3%-2.3%
1Y1.3%5.8%11.4%

Return vs Industry: SIO underperformed the Australian Consumer Durables industry which returned 5.8% over the past year.

Return vs Market: SIO underperformed the Australian Market which returned 11.4% over the past year.

Price Volatility

Is SIO's price volatile compared to industry and market?
SIO volatility
SIO Average Weekly Movement10.1%
Consumer Durables Industry Average Movement7.5%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.9%
10% least volatile stocks in AU Market3.6%

Stable Share Price: SIO is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: SIO's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1949800Rhett Simondshttps://www.simondsgroup.com.au

Simonds Group Limited, together with its subsidiaries, provides homebuilder and registered training services in Australia. It operates through Residential Construction, Registered Training, and Development segments. The company designs and constructs residential dwellings; develops and sells residential land; contracts for residential home construction, speculative home building, and the building of display home inventory; and provides registered training courses, payroll and asset services, and intellectual property services.

Simonds Group Fundamentals Summary

How do Simonds Group's earnings and revenue compare to its market cap?
SIO fundamental statistics
Market CapAU$62.10m
Earnings (TTM)AU$6.12m
Revenue (TTM)AU$676.08m

0.0x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SIO income statement (TTM)
RevenueAU$676.08m
Cost of RevenueAU$510.19m
Gross ProfitAU$165.90m
ExpensesAU$159.77m
EarningsAU$6.12m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin24.54%
Net Profit Margin0.91%
Debt/Equity Ratio1.4%

How did SIO perform over the long term?

See historical performance and comparison

Valuation

Is Simonds Group undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: SIO (A$0.4) is trading above our estimate of fair value (A$0.01)

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


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate SIO's PE Ratio to determine if it is good value compared to the Australian Consumer Durables industry average.

PE vs Market: Insufficient data to calculate SIO's PE Ratio to determine if it is good value compared to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SIO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: Insufficient data to calculate SIO's PB Ratio to determine if it is good value.


Future Growth

How is Simonds Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.0%

Forecasted Consumer Durables 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 Simonds Group 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 Simonds Group performed over the past 5 years?

34.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIO has high quality earnings.

Growing Profit Margin: SIO's current net profit margins (0.9%) are lower than last year (1.1%).


Past Earnings Growth Analysis

Earnings Trend: SIO has become profitable over the past 5 years, growing earnings by 34.3% per year.

Accelerating Growth: SIO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SIO had negative earnings growth (-13.9%) over the past year, making it difficult to compare to the Consumer Durables industry average (44.2%).


Return on Equity

High ROE: SIO's Return on Equity (27.5%) is considered high.


Financial Health

How is Simonds Group's financial position?


Financial Position Analysis

Short Term Liabilities: SIO's short term assets (A$137.6M) exceed its short term liabilities (A$127.1M).

Long Term Liabilities: SIO's short term assets (A$137.6M) exceed its long term liabilities (A$24.3M).


Debt to Equity History and Analysis

Debt Level: SIO has more cash than its total debt.

Reducing Debt: SIO had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: SIO's debt is well covered by operating cash flow (4401%).

Interest Coverage: SIO's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet


Dividend

What is Simonds Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SIO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SIO'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 SIO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SIO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SIO is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SIO'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?

0.8yrs

Average management tenure


CEO

Rhett Simonds

0.83

Tenure

AU$1,191,465

Compensation

Mr. Rhett Simonds has been an Executive Chairman of the Board of Simonds Group Limited since July 27, 2021. He has been Group Chief Executive Officer at Simonds Group Limited since January 1, 2021, served...


CEO Compensation Analysis

Compensation vs Market: Rhett's total compensation ($USD848.08K) is above average for companies of similar size in the Australian market ($USD290.58K).

Compensation vs Earnings: Rhett's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: SIO's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: SIO's board of directors are considered experienced (4.2 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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Simonds Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Simonds Group Limited
  • Ticker: SIO
  • Exchange: ASX
  • Founded: 1949
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Market Cap: AU$62.100m
  • Shares outstanding: 146.12m
  • Website: https://www.simondsgroup.com.au

Number of Employees


Location

  • Simonds Group Limited
  • 570 St Kilda Road
  • Level 4
  • Melbourne
  • Victoria
  • 3004
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 09:18
End of Day Share Price2021/11/30 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.