Sioen Industries NV provides coated technical textiles and apparels.
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Sioen Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SIOE has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SIOE underperformed the Belgian Luxury industry which returned -4.3% over the past year.
Return vs Market: SIOE underperformed the Belgian Market which returned -19.8% over the past year.
Price Volatility Vs. Market
How volatile is Sioen Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDoes Sioen Industries (EBR:SIOE) Have A Healthy Balance Sheet?
4 weeks ago | Simply Wall StYou Have To Love Sioen Industries NV's (EBR:SIOE) Dividend
1 month ago | Simply Wall StThe Sioen Industries (EBR:SIOE) Share Price Is Down 46% So Some Shareholders Are Getting Worried
Is Sioen Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SIOE (€16.9) is trading below our estimate of fair value (€24.11)
Significantly Below Fair Value: SIOE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SIOE is good value based on its PE Ratio (12.2x) compared to the Luxury industry average (16.4x).
PE vs Market: SIOE is good value based on its PE Ratio (12.2x) compared to the Belgian market (14.2x).
Price to Earnings Growth Ratio
PEG Ratio: SIOE is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: SIOE is overvalued based on its PB Ratio (1.4x) compared to the XE Luxury industry average (1.2x).
How is Sioen Industries forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SIOE's forecast earnings growth (16.5% per year) is above the savings rate (1.6%).
Earnings vs Market: SIOE's earnings (16.5% per year) are forecast to grow slower than the Belgian market (19.1% per year).
High Growth Earnings: SIOE's earnings are forecast to grow, but not significantly.
Revenue vs Market: SIOE's revenue (3.4% per year) is forecast to grow faster than the Belgian market (3.2% per year).
High Growth Revenue: SIOE's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SIOE's Return on Equity is forecast to be low in 3 years time (12.5%).
How has Sioen Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIOE has high quality earnings.
Growing Profit Margin: SIOE's current net profit margins (5.4%) are lower than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: SIOE's earnings have grown by 9.1% per year over the past 5 years.
Accelerating Growth: SIOE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SIOE had negative earnings growth (-18.8%) over the past year, making it difficult to compare to the Luxury industry average (-16.7%).
Return on Equity
High ROE: SIOE's Return on Equity (11.4%) is considered low.
How is Sioen Industries's financial position?
Financial Position Analysis
Short Term Liabilities: SIOE's short term assets (€242.1M) exceed its short term liabilities (€122.4M).
Long Term Liabilities: SIOE's short term assets (€242.1M) exceed its long term liabilities (€137.8M).
Debt to Equity History and Analysis
Debt Level: SIOE's debt to equity ratio (59.8%) is considered high.
Reducing Debt: SIOE's debt to equity ratio has reduced from 82% to 59.8% over the past 5 years.
Debt Coverage: SIOE's debt is well covered by operating cash flow (32.2%).
Interest Coverage: SIOE's interest payments on its debt are well covered by EBIT (13.6x coverage).
What is Sioen Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SIOE's dividend (3.85%) is higher than the bottom 25% of dividend payers in the Belgian market (2.46%).
High Dividend: SIOE's dividend (3.85%) is low compared to the top 25% of dividend payers in the Belgian market (5.61%).
Stability and Growth of Payments
Stable Dividend: SIOE's dividends per share have been stable in the past 10 years.
Growing Dividend: SIOE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.8%), SIOE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SIOE's dividends in 3 years are forecast to be well covered by earnings (35.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Michèle Sioen (55yo)
Mrs. Michèle Sioen has been the Chief Executive Officer of Sioen Industries NV since 2005 and has been its Managing Director since March 22, 2005 and serves as its Member of Management Committee. She serve ...
CEO Compensation Analysis
Compensation vs Market: Michèle's total compensation ($USD831.79K) is above average for companies of similar size in the Belgian market ($USD455.80K).
Compensation vs Earnings: Michèle's compensation has been consistent with company performance over the past year.
|CEO, MD||no data||€734.97k||no data|
|CEO of Sioen Chemicals||no data||€25.00k||no data|
|Non-Executive Independent Director||4.5yrs||€34.00k||no data|
|Non-Executive Director||no data||€22.50k||no data|
|Non-Executive Independent Director||4.5yrs||€25.00k||no data|
|Non-Executive Independent Director||9.5yrs||€35.75k||no data|
|Independent Chairman||4.17yrs||€53.00k||no data|
Experienced Board: SIOE's board of directors are considered experienced (4.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sioen Industries NV's company bio, employee growth, exchange listings and data sources
- Name: Sioen Industries NV
- Ticker: SIOE
- Exchange: ENXTBR
- Founded: 1960
- Industry: Textiles
- Sector: Consumer Durables
- Market Cap: €333.715m
- Shares outstanding: 19.75m
- Website: https://www.sioen.com
Number of Employees
- Sioen Industries NV
- Fabriekstraat 23
- West Flanders
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SIOE||ENXTBR (Euronext Brussels)||Yes||Ordinary Shares||BE||EUR||Oct 1996|
|0NOH||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Oct 1996|
|SIOEB||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Oct 1996|
Sioen Industries NV provides coated technical textiles and apparels. It operates through three segments: Coating, Apparel, and Chemicals. The Coating segment offers yarns and woven fabrics; non-woven fabrics, including films and sheets for automotive and industrial sector; coated technical textiles; and finished products, as well as processes coated fabrics and PVC membranes for industrial applications. The Apparel segment provides professional and chainsaw protective clothing; fire intervention suits; life jackets and floatation suits; professional drysuits; workwear; ballistic jackets; and hunting, fishing, and lifestyle clothing. The Chemicals segment offers pigment pastes, printing inks and extenders, varnishes, digital inks, color dispersions, and clearing agents. The company also engages in the real estate activities. It operates in France, Germany, Eastern Europe, Belgium, the Netherlands, Scandinavia, the United Kingdom, Italy, the United States, Austria, China, Spain, Switzerland, Portugal, Ireland, and internationally. The company was founded in 1960 and is based in Ardooie, Belgium. Sioen Industries NV is a subsidiary of Sihold NV.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/08 20:57|
|End of Day Share Price||2020/07/08 00:00|
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.