Market Cap
CA$15.7b
Last Updated
2019/10/17 23:39 UTC
Data Sources
Company Financials +
Executive Summary
Saputo Inc. produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and internationally.
Snowflake
Fundamentals
Mediocre balance sheet second-rate dividend payer.
Similar Companies
Share Price & News
How has Saputo's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.5%
SAP
0.1%
CA Food
0.1%
CA Market
1 Year Return
-0.5%
SAP
-5.9%
CA Food
1.6%
CA Market
Return vs Industry: SAP exceeded the Canadian Food industry which returned -5.9% over the past year.
Return vs Market: SAP underperformed the Canadian Market which returned 1.6% over the past year.
Shareholder returns
| SAP | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | 0.1% | 0.1% |
| 30 Day | -4.6% | -5.2% | -2.9% |
| 90 Day | -3.0% | -4.0% | -1.4% |
| 1 Year | 1.1%-0.5% | -4.2%-5.9% | 5.2%1.6% |
| 3 Year | -13.5%-17.3% | -9.8%-14.4% | 13.8%3.7% |
| 5 Year | 31.7%22.0% | 36.2%25.5% | 25.3%7.2% |
Price Volatility Vs. Market
How volatile is Saputo's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Is Saputo Inc. (TSE:SAP) A Smart Pick For Income Investors?2 months ago | Simply Wall St
Why Saputo Inc.’s (TSE:SAP) Return On Capital Employed Is Impressive2 months ago | Simply Wall St
Does Saputo (TSE:SAP) Have A Healthy Balance Sheet?Valuation
Is Saputo undervalued compared to its fair value and its price relative to the market?
11.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: SAP (CA$38.47) is trading below our estimate of fair value (CA$43.41)
Significantly Undervalued: SAP is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SAP is good value based on its PE Ratio (19.9x) compared to the Food industry average (20x).
PE vs Market: SAP is poor value based on its PE Ratio (19.9x) compared to the Canadian market (13.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: SAP is poor value based on its PEG Ratio (7.8x)
Price to Book Ratio
PB vs Industry: SAP is overvalued based on its PB Ratio (2.8x) compared to the CA Food industry average (1.7x).
Next Steps
Future Growth
How is Saputo forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
2.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAP's forecast earnings growth (2.5% per year) is above the savings rate (1.9%).
Earnings vs Market: SAP's earnings (2.5% per year) are forecast to grow slower than the Canadian market (13.2% per year).
High Growth Earnings: SAP's earnings are forecast to grow, but not significantly.
Revenue vs Market: SAP's revenue (4.7% per year) is forecast to grow slower than the Canadian market (5.8% per year).
High Growth Revenue: SAP's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if SAP's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Saputo performed over the past 5 years?
7.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SAP's earnings have grown by 7.9% per year over the past 5 years.
Accelerating Growth: SAP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SAP had negative earnings growth (-3.5%) over the past year, making it difficult to compare to the Food industry average (-23.3%).
Return on Equity
High ROE: SAP's Return on Equity (14%) is considered low.
Return on Assets
ROA vs Industry: SAP has a higher Return on Assets than the Food industry average last year.
Return on Capital Employed
ROCE Improving: SAP's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Saputo's financial position?
Financial Position Analysis
Short Term Liabilities: SAP's short term assets (CA$3.6B) exceeds its short term liabilities (CA$2.8B)
Long Term Liabilities: SAP's short term assets (3.6B) do not cover its long term liabilities (4.5B)
Debt to Equity History and Analysis
Debt Level: SAP's debt to equity ratio (82.3%) is considered high
Reducing Debt: SAP's debt to equity ratio has increased from 72.2% to 82.3% over the past 5 years.
Debt Coverage: SAP's debt is well covered by operating cash flow (21.7%).
Interest Coverage: SAP's interest payments on its debt are well covered by EBIT (12.6x coverage).
Balance Sheet
Inventory Level: SAP has a high level of physical assets or inventory.
Debt Coverage by Assets: SAP's debt is not covered by short term assets (assets are 0.8x debt).
Next Steps
Dividend
What is Saputo's current dividend yield, its reliability and sustainability?
1.77%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: SAP's dividend (1.77%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (2.01%).
High Dividend: SAP's dividend (1.77%) is low compared to the top 25% of dividend payers in the Canadian market (6.01%).
Stable Dividend: SAP's dividends per share have been stable in the past 10 years.
Growing Dividend: SAP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.5%), SAP's dividend payments are well 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
Management
What is the CEO of Saputo's salary, the management and board of directors tenure and is there insider trading?
4.1yrs
Average management tenure
CEO
Lino Saputo (52yo)
15.6yrs
Tenure
CA$3,648,840
Compensation
Mr. Lino A. Saputo, Jr., has been Chief Executive Officer of Saputo Inc. since March 2004 and has been its Chairman of the Board since August 2017 and Director since 2001. Mr. Saputo has been a Director of ...
CEO Compensation Analysis
Compensation vs. Market: Lino's total compensation ($USD2.78M) is about average for companies of similar size in the Canadian market ($USD6.91M).
Compensation vs Earnings: Lino's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.1yrs
Average Tenure
58yo
Average Age
Experienced Management: SAP's management team is considered experienced (4.1 years average tenure).
Board Age and Tenure
3.9yrs
Average Tenure
57yo
Average Age
Experienced Board: SAP's board of directors are considered experienced (3.9 years average tenure).
Insider Trading
Insider Buying: SAP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 4 |
| Max Price | CA$40.45 |
| Entity | Individual |
| Shares | 4 |
| Max Price | CA$40.45 |
| Entity | Individual |
| Shares | 2,525,253 |
| Max Price | CA$39.60 |
| Entity | Company |
| Shares | 2,500,000 |
| Max Price | CA$39.60 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | CA$39.07 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | CA$38.52 |
| Entity | Individual |
| Shares | 2,200 |
| Max Price | CA$38.93 |
| Entity | Individual |
| Role | Senior Key Executive Chief Acquisition & Strategic Development Officer |
| Shares | 3,500 |
| Max Price | CA$39.71 |
| Entity | Individual |
| Role | Senior Key Executive President & COO - North America |
| Shares | 7,200 |
| Max Price | CA$39.74 |
| Entity | Individual |
| Role | Head of Human Resources Chief Human Resources Officer |
| Shares | 3,750 |
| Max Price | CA$39.85 |
| Entity | Individual |
| Role | Head of Human Resources Chief Human Resources Officer |
| Shares | 4,663 |
| Max Price | CA$42.99 |
| Entity | Individual |
| Role | Head of Human Resources Chief Human Resources Officer |
| Shares | 1,260 |
| Max Price | CA$39.66 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,000 |
| Max Price | CA$39.01 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | CA$38.67 |
Ownership Breakdown
Management Team
Lino Saputo (52yo)
Chairman & CEO
- Tenure: 15.6yrs
- Compensation: CA$3.65m
Isabelle Viger
Senior Vice President of Legal Affairs
- Tenure: 0yrs
Gaétane Wagner (60yo)
Chief Human Resources Officer
- Tenure: 4.8yrs
- Compensation: CA$690.72k
Louis-Philippe Carrière (58yo)
Senior Advisor & Corporate Director
- Tenure: 2.2yrs
Terry Brockman
President & COO of Cheese Division - USA
- Tenure: 13.5yrs
- Compensation: CA$4.02m
Maxime Therrien
CFO & Secretary
- Tenure: 2.2yrs
- Compensation: CA$2.84m
Kai Bockmann
President and COO of Saputo Inc. & the International Sector
- Tenure: 2.5yrs
- Compensation: CA$5.32m
Carl Colizza
President & COO - North America
- Tenure: 4.5yrs
- Compensation: CA$3.30m
Martin Gagnon
Chief Acquisition & Strategic Development Officer
- Tenure: 3.8yrs
Marlene Robillard
Director of Communications & Public Relations
- Tenure: 0yrs
Board Members
Lino Saputo (52yo)
Chairman & CEO
- Tenure: 15.6yrs
- Compensation: CA$3.65m
Annette Verschuren (63yo)
Independent Director
- Tenure: 6.2yrs
- Compensation: CA$260.00k
Henry Demone (65yo)
Corporate Director
- Tenure: 7.3yrs
- Compensation: CA$260.00k
Louis-Philippe Carrière (58yo)
Senior Advisor & Corporate Director
- Tenure: 2.2yrs
Karen Kinsley (62yo)
Corporate Director
- Tenure: 3.9yrs
- Compensation: CA$260.00k
Tony Meti (64yo)
Independent Director
- Tenure: 11.8yrs
- Compensation: CA$315.00k
Franziska Ruf (56yo)
Independent Director
- Tenure: 3.2yrs
- Compensation: CA$260.00k
Diane Nyisztor (52yo)
Independent Director
- Tenure: 3.2yrs
- Compensation: CA$260.00k
Annalisa King (52yo)
Independent Director
- Tenure: 7.3yrs
- Compensation: CA$260.00k
Anthony Fata (52yo)
Lead Director
- Tenure: 0yrs
- Compensation: CA$340.00k
Company Information
Saputo Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Saputo Inc.
- Ticker: SAP
- Exchange: TSX
- Founded: 1954
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: CA$15.684b
- Shares outstanding: 407.69m
- Website: https://www.saputo.com
Number of Employees
Location
- Saputo Inc.
- 6869, Métropolitain Boulevard East
- Montréal
- Quebec
- H1P 1X8
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SAP | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Oct 1997 |
| SB7 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Oct 1997 |
| SAPI.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Oct 1997 |
Biography
Saputo Inc. produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and internationally. The company offers cheeses, including mozzarella and cheddar; specialt ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/17 23:39 |
| End of Day Share Price | 2019/10/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/03/31 |
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.