Sofina Société AnonymeENXTBR:SOF Stock Report

Market Cap







16 Sep, 2021


Company Financials
SOF fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance5/6
Financial Health6/6

SOF Overview

Sofina Société Anonyme is a private equity and venture capital firm specializing in direct and fund of funds investments.

Share Price & News

How has Sofina Société Anonyme's share price performed over time and what events caused price changes?

Latest Share Price and Events

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

Volatility Over Time: SOF's weekly volatility (3%) has been stable over the past year.

Market Performance

7 Day Return




BE Diversified Financial


BE Market

1 Year Return




BE Diversified Financial


BE Market

Return vs Industry: SOF exceeded the Belgian Diversified Financial industry which returned 32.1% over the past year.

Return vs Market: SOF exceeded the Belgian Market which returned 17.5% over the past year.

Shareholder returns

7 Day-5.8%-2.7%-1.2%
30 Day-10.8%-5.1%-4.1%
90 Day-5.4%1.3%-5.0%
1 Year45.5%44.5%30.6%28.5%17.3%15.6%
3 Year104.2%98.8%25.8%18.7%-1.1%-5.8%
5 Year183.9%169.3%59.7%44.3%-10.0%-18.2%

Long-Term Price Volatility Vs. Market

How volatile is Sofina Société Anonyme's share price compared to the market and industry in the last 5 years?

Simply Wall St News

Sofina Société Anonyme Fundamentals Summary

How do Sofina Société Anonyme's earnings and revenue compare to its market cap?
SOF fundamental statistics
Market Cap€11.59b
Earnings (TTM)€3.19b
Revenue (TTM)€3.23b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SOF income statement (TTM)
Cost of Revenue€12.44m
Gross Profit€3.22b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date


Earnings per share (EPS)94.69
Gross Margin99.62%
Net Profit Margin98.67%
Debt/Equity Ratio0.0%

How did SOF perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is Sofina Société Anonyme 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: SOF (€344) is trading below our estimate of fair value (€520.58)

Significantly Below Fair Value: SOF is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: SOF is good value based on its PE Ratio (3.6x) compared to the Belgian Diversified Financial industry average (7.6x).

PE vs Market: SOF is good value based on its PE Ratio (3.6x) compared to the Belgian market (15.8x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: SOF's PB Ratio (1.1x) is in line with the BE Diversified Financial industry average.

Future Growth

How is Sofina Société Anonyme forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Diversified Financials 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 Sofina Société Anonyme 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 Sofina Société Anonyme performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

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

Growing Profit Margin: SOF's current net profit margins (98.7%) are higher than last year (91.8%).

Past Earnings Growth Analysis

Earnings Trend: SOF's earnings have grown significantly by 40.3% per year over the past 5 years.

Accelerating Growth: SOF's earnings growth over the past year (655.1%) exceeds its 5-year average (40.3% per year).

Earnings vs Industry: SOF earnings growth over the past year (655.1%) exceeded the Diversified Financial industry -6.8%.

Return on Equity

High ROE: SOF's Return on Equity (30.7%) is considered high.

Financial Health

How is Sofina Société Anonyme's financial position?

Financial Position Analysis

Short Term Liabilities: SOF's short term assets (€1.0B) exceed its short term liabilities (€53.2M).

Long Term Liabilities: SOF's short term assets (€1.0B) exceed its long term liabilities (€7.5M).

Debt to Equity History and Analysis

Debt Level: SOF is debt free.

Reducing Debt: SOF has no debt compared to 5 years ago when its debt to equity ratio was 4.4%.

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

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

Balance Sheet


What is Sofina Société Anonyme current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SOF's dividend (0.88%) isn’t notable compared to the bottom 25% of dividend payers in the Belgian market (1.49%).

High Dividend: SOF's dividend (0.88%) is low compared to the top 25% of dividend payers in the Belgian market (4.43%).

Stability and Growth of Payments

Stable Dividend: SOF's dividend payments have been volatile in the past 10 years.

Growing Dividend: SOF's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (3.2%), SOF's dividend payments are thoroughly 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


How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


Harold Y. Boel (57 yo)





Mr. Harold Y. H. Boel is the Chief Executive Officer and Director at Sofina Société Anonyme since 2008. Mr. Boel serves as Managing Director/Chief Executive Officer at Henex SA. He held management position...

CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Harold Y.'s total compensation is reasonable compared to companies of similar size in the Belgian market.

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

Board Members

Experienced Board: SOF's board of directors are considered experienced (9.7 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.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Sofina Société Anonyme's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Sofina Société Anonyme
  • Ticker: SOF
  • Exchange: ENXTBR
  • Founded: 1890
  • Industry: Multi-Sector Holdings
  • Sector: Diversified Financials
  • Market Cap: €11.595b
  • Shares outstanding: 33.71m
  • Website:

Number of Employees


  • Sofina Société Anonyme
  • Rue de l’Industrie, 31
  • Brussels
  • Brussels
  • 1040
  • Belgium



Sofina Société Anonyme is a private equity and venture capital firm specializing in direct and fund of funds investments. Within direct investments, it specializes in growth capital, early, startup, later...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 05:09
End of Day Share Price2021/09/15 00:00
Annual Earnings2020/12/31

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.