Savaria Corporation designs, engineers, and manufactures products for personal mobility in Canada, the United States, and internationally. More Details
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has Savaria's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SIS is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SIS's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SIS underperformed the Canadian Machinery industry which returned 17.2% over the past year.
Return vs Market: SIS matched the Canadian Market which returned -0.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Savaria's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StSavaria Corporation (TSE:SIS) Insiders Have Been Selling
3 weeks ago | Simply Wall StAre Savaria Corporation (TSE:SIS) Investors Paying Above The Intrinsic Value?
1 month ago | Simply Wall StSavaria Corporation (TSE:SIS) Is About To Go Ex-Dividend, And It Pays A 3.2% Yield
Is Savaria undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SIS (CA$14.01) is trading above our estimate of fair value (CA$12.51)
Significantly Below Fair Value: SIS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SIS's PE Ratio (25.2x) is in line with the CA Machinery industry average.
PE vs Market: SIS is poor value based on its PE Ratio (25.2x) compared to the Canadian market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: SIS is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: SIS is good value based on its PB Ratio (2.5x) compared to the CA Machinery industry average (2.7x).
How is Savaria forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SIS's forecast earnings growth (7.9% per year) is above the savings rate (1.7%).
Earnings vs Market: SIS's earnings (7.9% per year) are forecast to grow slower than the Canadian market (27.2% per year).
High Growth Earnings: SIS's earnings are forecast to grow, but not significantly.
Revenue vs Market: SIS's revenue (5.9% per year) is forecast to grow slower than the Canadian market (6.1% per year).
High Growth Revenue: SIS's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SIS's Return on Equity is forecast to be high in 3 years time
How has Savaria performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIS has high quality earnings.
Growing Profit Margin: SIS's current net profit margins (7.8%) are higher than last year (6%).
Past Earnings Growth Analysis
Earnings Trend: SIS's earnings have grown significantly by 22.4% per year over the past 5 years.
Accelerating Growth: SIS's earnings growth over the past year (26.8%) exceeds its 5-year average (22.4% per year).
Earnings vs Industry: SIS earnings growth over the past year (26.8%) exceeded the Machinery industry -35.8%.
Return on Equity
High ROE: SIS's Return on Equity (10%) is considered low.
How is Savaria's financial position?
Financial Position Analysis
Short Term Liabilities: SIS's short term assets (CA$181.3M) exceed its short term liabilities (CA$71.0M).
Long Term Liabilities: SIS's short term assets (CA$181.3M) exceed its long term liabilities (CA$105.8M).
Debt to Equity History and Analysis
Debt Level: SIS's debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: SIS's debt to equity ratio has reduced from 36.6% to 19.2% over the past 5 years.
Debt Coverage: SIS's debt is well covered by operating cash flow (85.7%).
Interest Coverage: SIS's interest payments on its debt are well covered by EBIT (12.3x coverage).
What is Savaria current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SIS's dividend (3.43%) is higher than the bottom 25% of dividend payers in the Canadian market (1.61%).
High Dividend: SIS's dividend (3.43%) is low compared to the top 25% of dividend payers in the Canadian market (5.26%).
Stability and Growth of Payments
Stable Dividend: SIS's dividend payments have been volatile in the past 10 years.
Growing Dividend: SIS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (81.9%), SIS's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SIS's dividends in 3 years are forecast to be covered by earnings (61.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Marcel Bourassa, BAA, has been the Chief Executive Officer and President of Savaria Corporation a holding of Concord Elevator, Inc. since January 2002 and serves as Secretary. Mr. Bourassa has been the...
CEO Compensation Analysis
Compensation vs Market: Marcel's total compensation ($USD699.14K) is about average for companies of similar size in the Canadian market ($USD908.86K).
Compensation vs Earnings: Marcel's compensation has increased by more than 20% in the past year.
|VP of Operations & Integration and Director||3.33yrs||CA$256.00k||0.56% |
|Chief Executive Officer of Span-America Medical Systems||no data||CA$584.08k||0.0039% |
|President of Garaventa Lift Group||no data||CA$450.00k||0.019% |
|Chief Financial Officer||0.17yr||no data||no data|
|Vice President of Sales||no data||no data||0.020% |
|Corporate Controller||13.67yrs||no data||no data|
|Vice President of Manufacturing for Savaria Vehicle Group||no data||CA$162.66k||no data|
|General Manager of Savaria Sales||no data||CA$192.73k||no data|
|Vice President of Corporate Development||4.25yrs||CA$276.54k||no data|
Experienced Management: SIS's management team is seasoned and experienced (9 years average tenure).
|VP of Operations & Integration and Director||3.33yrs||CA$256.00k||0.56% |
|Lead Independent Director||no data||CA$93.73k||0.25% |
|Independent Director||15.5yrs||CA$93.73k||0.28% |
|Independent Director||10.17yrs||CA$93.73k||0.17% |
|Independent Director||9.17yrs||CA$93.73k||0.18% |
|Independent Director||3.17yrs||CA$93.73k||no data|
Experienced Board: SIS'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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Savaria Corporation's company bio, employee growth, exchange listings and data sources
- Name: Savaria Corporation
- Ticker: SIS
- Exchange: TSX
- Founded: 1979
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: CA$714.860m
- Shares outstanding: 50.95m
- Website: https://www.savaria.com
Number of Employees
- Savaria Corporation
- 4350 Highway 13
- H7R 6E9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SIS||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Dec 2001|
|SISX.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 2001|
|S97||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2001|
Savaria Corporation designs, engineers, and manufactures products for personal mobility in Canada, the United States, and internationally. The company operates in three segments: Accessibility, Adapted Veh...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 23:08|
|End of Day Share Price||2020/11/26 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.