company background image
SES

SECOS GroupASX:SES Stock Report

Market Cap

AU$158.1m

7D

-6.3%

1Y

84.4%

Updated

26 Oct, 2021

Data

Company Financials +
SES fundamental analysis
Snowflake Score
Valuation1/6
Future Growth6/6
Past Performance2/6
Financial Health6/6
Dividends0/6

SES Overview

SECOS Group Limited, together with its subsidiaries, manufactures and distributes sustainable packaging materials in Oceanic, Asia, Americas, Europe, and Africa.

Price History & Performance

Summary of all time highs, changes and price drops for SECOS Group
Historical stock prices
Current Share PriceAU$0.29
52 Week HighAU$0.14
52 Week LowAU$0.39
Beta1.54
1 Month Change-3.28%
3 Month Change-1.67%
1 Year Change84.38%
3 Year Change375.81%
5 Year Change273.42%
Change since IPO96.67%

Recent News & Updates

Oct 05
SECOS Group (ASX:SES) Might Have The Makings Of A Multi-Bagger

SECOS Group (ASX:SES) Might Have The Makings Of A Multi-Bagger

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...

Sep 02
We Think Shareholders Should Be Aware Of Some Factors Beyond SECOS Group's (ASX:SES) Profit

We Think Shareholders Should Be Aware Of Some Factors Beyond SECOS Group's (ASX:SES) Profit

After announcing healthy earnings, SECOS Group Limited's ( ASX:SES ) stock rose over the last week. However, we think...

Jun 07
We Think SECOS Group (ASX:SES) Can Easily Afford To Drive Business Growth

We Think SECOS Group (ASX:SES) Can Easily Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. For example, SECOS Group ( ASX:SES...

Shareholder Returns

SESAU ChemicalsAU Market
7D-6.3%0.2%0.4%
1Y84.4%18.6%24.3%

Return vs Industry: SES exceeded the Australian Chemicals industry which returned 17.9% over the past year.

Return vs Market: SES exceeded the Australian Market which returned 24.4% over the past year.

Price Volatility

Is SES's price volatile compared to industry and market?
SES volatility
SES Beta1.54
Industry Beta0.80
Market Beta1

Stable Share Price: SES is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: SES's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aIan Staceyhttps://www.secosgroup.com.au

SECOS Group Limited, together with its subsidiaries, manufactures and distributes sustainable packaging materials in Oceanic, Asia, Americas, Europe, and Africa. The company provides biodegradable and compostable resins, packaging products, and cast films to blue-chip companies. It also develops and manufactures bioplastic resins derived from renewable resources for the packaging and plastic products industries.

SECOS Group Fundamentals Summary

How do SECOS Group's earnings and revenue compare to its market cap?
SES fundamental statistics
Market CapAU$158.09m
Earnings (TTM)AU$2.59m
Revenue (TTM)AU$30.08m

61.1x

P/E Ratio

5.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SES income statement (TTM)
RevenueAU$30.08m
Cost of RevenueAU$24.37m
Gross ProfitAU$5.71m
ExpensesAU$3.12m
EarningsAU$2.59m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0048
Gross Margin18.98%
Net Profit Margin8.61%
Debt/Equity Ratio0%

How did SES perform over the long term?

See historical performance and comparison

Valuation

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

61.08x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SES (A$0.3) is trading above our estimate of fair value (A$0.16)

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


Price To Earnings Ratio

PE vs Industry: SES is poor value based on its PE Ratio (61.1x) compared to the Australian Chemicals industry average (52.4x).

PE vs Market: SES is poor value based on its PE Ratio (61.1x) compared to the Australian market (20x).


Price to Earnings Growth Ratio

PEG Ratio: SES is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: SES is overvalued based on its PB Ratio (5.4x) compared to the AU Chemicals industry average (3.9x).


Future Growth

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

61.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SES's forecast earnings growth (61.8% per year) is above the savings rate (1.9%).

Earnings vs Market: SES's earnings (61.8% per year) are forecast to grow faster than the Australian market (12.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SES's revenue (36% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: SES's revenue (36% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SES's Return on Equity is forecast to be high in 3 years time (24%)


Past Performance

How has SECOS Group performed over the past 5 years?

35.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SES has a high level of non-cash earnings.

Growing Profit Margin: SES became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SES has become profitable over the past 5 years, growing earnings by 35.3% per year.

Accelerating Growth: SES has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SES has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-61.8%).


Return on Equity

High ROE: SES's Return on Equity (8.9%) is considered low.


Financial Health

How is SECOS Group's financial position?


Financial Position Analysis

Short Term Liabilities: SES's short term assets (A$23.3M) exceed its short term liabilities (A$2.9M).

Long Term Liabilities: SES's short term assets (A$23.3M) exceed its long term liabilities (A$1.6M).


Debt to Equity History and Analysis

Debt Level: SES is debt free.

Reducing Debt: SES has no debt compared to 5 years ago when its debt to equity ratio was 75.1%.

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

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


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

5.1yrs

Average board tenure


CEO

Ian Stacey

2.83yrs

Tenure

AU$240,963

Compensation

Mr. Ian Stacey is Chief Executive Officer of SECOS Group since December 2018 and was Chief Operating Officer since October 2018 until December 2018. Mr. Stacey joined SECOS in October 2018. He served as Gl...


CEO Compensation Analysis

Compensation vs Market: Ian's total compensation ($USD180.63K) is below average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: SES's board of directors are considered experienced (5.1 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 2.1%.


Top Shareholders

Company Information

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


Key Information

  • Name: SECOS Group Limited
  • Ticker: SES
  • Exchange: ASX
  • Founded: NaN
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: AU$158.091m
  • Shares outstanding: 535.90m
  • Website: https://www.secosgroup.com.au

Number of Employees


Location

  • SECOS Group Limited
  • 205-211 Forster Road
  • Level 2
  • Mount Waverley
  • Victoria
  • 3149
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:24
End of Day Share Price2021/10/26 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.