SWX:HUBN

Stock Analysis Report

Executive Summary

Huber+Suhner AG develops, manufactures, and sells components and system solutions for electrical and optical connectivity worldwide.


Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.


Similar Companies

Share Price & News

How has Huber+Suhner's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HUBN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.4%

HUBN

-1.2%

CH Electrical

-0.2%

CH Market


1 Year Return

-7.7%

HUBN

14.3%

CH Electrical

16.2%

CH Market

Return vs Industry: HUBN underperformed the Swiss Electrical industry which returned 14.3% over the past year.

Return vs Market: HUBN underperformed the Swiss Market which returned 16.2% over the past year.


Shareholder returns

HUBNIndustryMarket
7 Day-3.4%-1.2%-0.2%
30 Day-3.4%2.2%2.1%
90 Day4.5%8.1%7.0%
1 Year-4.6%-7.7%18.8%14.3%21.8%16.2%
3 Year26.2%17.3%15.3%3.7%40.6%23.4%
5 Year84.1%62.6%36.4%14.1%44.9%21.9%

Price Volatility Vs. Market

How volatile is Huber+Suhner's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Huber+Suhner undervalued compared to its fair value and its price relative to the market?

20.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HUBN (CHF71.7) is trading above our estimate of fair value (CHF41.23)

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


Price To Earnings Ratio

PE vs Industry: HUBN is good value based on its PE Ratio (20.8x) compared to the Electrical industry average (23.6x).

PE vs Market: HUBN is good value based on its PE Ratio (20.8x) compared to the Swiss market (21.1x).


Price to Earnings Growth Ratio

PEG Ratio: HUBN is poor value based on its PEG Ratio (5.4x)


Price to Book Ratio

PB vs Industry: HUBN is overvalued based on its PB Ratio (2.3x) compared to the CH Electrical industry average (2.1x).


Next Steps

Future Growth

How is Huber+Suhner forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

3.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HUBN's forecast earnings growth (3.9% per year) is above the savings rate (-0.6%).

Earnings vs Market: HUBN's earnings (3.9% per year) are forecast to grow slower than the Swiss market (10.5% per year).

High Growth Earnings: HUBN's earnings are forecast to grow, but not significantly.

Revenue vs Market: HUBN's revenue (4.8% per year) is forecast to grow faster than the Swiss market (3.3% per year).

High Growth Revenue: HUBN's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HUBN's Return on Equity is forecast to be low in 3 years time (9.1%).


Next Steps

Past Performance

How has Huber+Suhner performed over the past 5 years?

7.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HUBN has high quality earnings.

Growing Profit Margin: HUBN's current net profit margins (7.8%) are higher than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: HUBN's earnings have grown by 7.9% per year over the past 5 years.

Accelerating Growth: HUBN's earnings growth over the past year (34.7%) exceeds its 5-year average (7.9% per year).

Earnings vs Industry: HUBN earnings growth over the past year (34.7%) exceeded the Electrical industry 3.3%.


Return on Equity

High ROE: HUBN's Return on Equity (11.1%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Huber+Suhner's financial position?


Financial Position Analysis

Short Term Liabilities: HUBN's short term assets (CHF539.5M) exceed its short term liabilities (CHF136.1M).

Long Term Liabilities: HUBN's short term assets (CHF539.5M) exceed its long term liabilities (CHF35.7M).


Debt to Equity History and Analysis

Debt Level: HUBN is debt free.

Reducing Debt: HUBN has not had any debt for past 5 years.

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

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


Balance Sheet

Inventory Level: HUBN has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if HUBN's debt is covered by short term assets.


Next Steps

Dividend

What is Huber+Suhner's current dividend yield, its reliability and sustainability?

2.09%

Current Dividend Yield


Dividend Yield vs Market

company2.1%marketbottom25%1.7%markettop25%3.4%industryaverage2.4%forecastin3Years2.3%

Current dividend yield vs market & industry

Notable Dividend: HUBN's dividend (2.09%) is higher than the bottom 25% of dividend payers in the Swiss market (1.74%).

High Dividend: HUBN's dividend (2.09%) is low compared to the top 25% of dividend payers in the Swiss market (3.38%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (43.4%), HUBN's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HUBN's dividends in 3 years are forecast to be covered by earnings (51% payout ratio).


Next Steps

Management

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

7.6yrs

Average management tenure


CEO

Urs Ryffel (52yo)

2.8yrs

Tenure

CHF1,306,000

Compensation

Mr. Urs Ryffel has been the Chief Executive Officer at Huber+Suhner AG since April 1, 2017 and served as its Chief Operating Officer of Fiber Optics since 2007 until 2016. Mr. Ryffel Joined Huber+Suhner AG ...


CEO Compensation Analysis

Compensation vs Market: Urs's total compensation ($USD1.34M) is about average for companies of similar size in the Swiss market ($USD1.25M).

Compensation vs Earnings: Urs's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Urs Ryffel
Chief Executive Officer2.8yrsCHF1.31m1.08% CHF15.1m
Ivo Wechsler
Chief Financial Officer9.8yrsno data0.062% CHF860.5k
Patrick Riederer
COO & COO of Low Frequency0yrsno data0.029% CHF401.6k
Patrick Köppe
Head of Corporate Communications0yrsno datano data
Drew Nixon
Chief Operating Officer of Global Sales4.8yrsno data0.027% CHF376.5k
Patricia Stolz
Chief Human Resources Officer4.6yrsno data0.018% CHF254.1k
Reto Bolt
Chief Operating Officer of Radio Frequency7.6yrsno data0.059% CHF822.4k
Stefan Metz
Head Product Management & Development RF7.6yrsno datano data
Stephan Ott
Head of R&D Low Frequency15.5yrsno datano data
Adrian Peterhans
Head of R&D Fiber Optics16yrsno datano data

7.6yrs

Average Tenure

52.5yo

Average Age

Experienced Management: HUBN's management team is seasoned and experienced (7.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
George Müller
Director19.1yrsCHF136.00k1.05% CHF14.6m
Urs Kaufmann
Chairman2.8yrsCHF507.00k0.42% CHF5.8m
Marc Cappis
Honorary Chairman0yrsno datano data
Beat Kälin
Deputy Chairman2.8yrsCHF228.00k0.095% CHF1.3m
David Syz
Honorary Chairman5.8yrsno datano data
Rolf Seiffert
Director10.1yrsCHF125.00k0.051% CHF705.1k
Monika Bütler
Director5.8yrsCHF150.00k0.025% CHF344.1k
Jörg Walther
Director3.8yrsCHF150.00k0.012% CHF172.1k
Franz Studer
Director0.8yrsno datano data

4.8yrs

Average Tenure

61yo

Average Age

Experienced Board: HUBN's board of directors are considered experienced (4.8 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Huber+Suhner AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Huber+Suhner AG
  • Ticker: HUBN
  • Exchange: SWX
  • Founded: 1864
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: CHF1.395b
  • Shares outstanding: 19.45m
  • Website: https://www.hubersuhner.com

Number of Employees


Location

  • Huber+Suhner AG
  • Degersheimerstrasse 14
  • Herisau
  • Appenzell Ausser Rhoden
  • 9100
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HUBNSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFJan 1992
HGUADB (Deutsche Boerse AG)YesRegistered SharesDEEURJan 1992
0QNHLSE (London Stock Exchange)YesRegistered SharesGBCHFJan 1992

Biography

Huber+Suhner AG develops, manufactures, and sells components and system solutions for electrical and optical connectivity worldwide. It operates through three segments: Radio Frequency, Fiber Optics, and Low Frequency. The Radio Frequency segment develops and manufactures radio frequency and microwave products, including cables, connectors, cable assemblies, antennas, lightning protection, and passive and resistive components, as well as system solutions. The Fiber Optics segment offers cables, connectors, cable assemblies, and cable and distribution systems, as well as wavelength multiplexers and all-optical switches. The Low Frequency segment provides single cores, cables, cable assemblies, and hybrid cables and cable systems. The company is also involved cube optics, injection molding, plating, and polatis businesses. The company serves customers in the communication, transportation, and industrial markets. The company was founded in 1864 and is headquartered in Herisau, Switzerland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 21:19
End of Day Share Price2020/02/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.