Schlatter Industries
Market Cap
CHF28.3m
Last Updated
2020/04/06 20:42 UTC
Data Sources
Company Financials
Executive Summary
Schlatter Industries AG, together with its subsidiaries, manufactures and sells welding systems and weaving machines worldwide.
Risk Analysis
Snowflake Analysis
Excellent balance sheet and overvalued.
Share Price & News
How has Schlatter Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: STRN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0.8%
STRN
0.2%
CH Machinery
1.9%
CH Market
1 Year Return
-37.3%
STRN
-17.9%
CH Machinery
-5.4%
CH Market
Return vs Industry: STRN underperformed the Swiss Machinery industry which returned -18% over the past year.
Return vs Market: STRN underperformed the Swiss Market which returned -5.3% over the past year.
Shareholder returns
| STRN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | 0.2% | 1.9% |
| 30 Day | -25.6% | -6.1% | -6.0% |
| 90 Day | -30.1% | -23.5% | -13.7% |
| 1 Year | -37.3%-37.3% | -15.8%-17.9% | -0.7%-5.4% |
| 3 Year | -38.6%-38.6% | -7.0%-13.3% | 15.3%3.6% |
| 5 Year | -47.7%-71.2% | 14.8%-1.0% | 15.6%-3.3% |
Price Volatility Vs. Market
How volatile is Schlatter Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall St
These 4 Measures Indicate That Schlatter Industries (VTX:STRN) Is Using Debt Reasonably Well2 months ago | Simply Wall St
Do You Know What Schlatter Industries AG's (VTX:STRN) P/E Ratio Means?2 months ago | Simply Wall St
Introducing Schlatter Industries (VTX:STRN), The Stock That Tanked 70%Valuation
Is Schlatter Industries undervalued compared to its fair value and its price relative to the market?
55.13x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate STRN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate STRN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: STRN is poor value based on its PE Ratio (55.1x) compared to the Machinery industry average (17.5x).
PE vs Market: STRN is poor value based on its PE Ratio (55.1x) compared to the Swiss market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate STRN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: STRN is good value based on its PB Ratio (1x) compared to the CH Machinery industry average (1.7x).
Next Steps
Future Growth
How is Schlatter Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
12.9%
Forecasted Capital Goods 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 Schlatter Industries 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.
Next Steps
- Examine Schlatter Industries's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Schlatter Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Schlatter Industries performed over the past 5 years?
55.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STRN has a high level of non-cash earnings.
Growing Profit Margin: STRN's current net profit margins (0.5%) are lower than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: STRN has become profitable over the past 5 years, growing earnings by 55.3% per year.
Accelerating Growth: STRN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: STRN had negative earnings growth (-86.2%) over the past year, making it difficult to compare to the Machinery industry average (0.5%).
Return on Equity
High ROE: STRN's Return on Equity (1.8%) is considered low.
Next Steps
Financial Health
How is Schlatter Industries's financial position?
Financial Position Analysis
Short Term Liabilities: STRN's short term assets (CHF39.6M) exceed its short term liabilities (CHF18.9M).
Long Term Liabilities: STRN's short term assets (CHF39.6M) exceed its long term liabilities (CHF10.1M).
Debt to Equity History and Analysis
Debt Level: STRN's debt to equity ratio (27.9%) is considered satisfactory.
Reducing Debt: STRN's debt to equity ratio has reduced from 80.2% to 27.9% over the past 5 years.
Balance Sheet
Inventory Level: STRN has a high level of physical assets or inventory.
Debt Coverage by Assets: STRN's debt is covered by short term assets (assets are 4.9x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: STRN is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: STRN is profitable, therefore cash runway is not a concern.
Next Steps
Dividend
What is Schlatter Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate STRN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate STRN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if STRN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if STRN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of STRN's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.9yrs
Average management tenure
CEO
Werner Schmidli (54yo)
7.92s
Tenure
CHF540,757
Compensation
Mr. Werner Schmidli has been the Chief Executive Officer of Schlatter Industries AG (a/k/a Schlatter Holding AG) since May 29, 2012 and serves as its Member of Management Board. Mr. Schmidli served as the ...
CEO Compensation Analysis
Compensation vs Market: Werner's total compensation ($USD552.83K) is about average for companies of similar size in the Swiss market ($USD697.22K).
Compensation vs Earnings: Werner's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Member of Management Board | 7.92yrs | CHF540.76k | no data | |
| CFO & Member of Management Board | 7.92yrs | no data | no data | |
| Head of Sales & Service and Member of Management Board | no data | no data | no data | |
| Head of Research & Development and Member of Management Board | no data | no data | no data | |
| Head of Operations & Member of Management Board | no data | no data | no data | |
| Managing Director of Deutschland | 3.25yrs | no data | no data |
7.9yrs
Average Tenure
49.5yo
Average Age
Experienced Management: STRN's management team is seasoned and experienced (7.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President of the Board | 7.92yrs | CHF138.58k | no data | |
| Vice President of the Board | 3.92yrs | CHF69.29k | no data | |
| Director | 3.92yrs | CHF69.29k | no data | |
| Director | 9.92yrs | CHF69.29k | no data |
5.9yrs
Average Tenure
58.5yo
Average Age
Experienced Board: STRN's board of directors are considered experienced (5.9 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
Schlatter Industries AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Schlatter Industries AG
- Ticker: STRN
- Exchange: SWX
- Founded: 1916
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: CHF28.280m
- Shares outstanding: 1.10m
- Website: https://www.schlattergroup.com
Number of Employees
Location
- Schlatter Industries AG
- Brandstrasse 24
- Schlieren
- Zurich
- 8952
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| STRN | SWX (SIX Swiss Exchange) | Yes | Registered Shares | CH | CHF | Jul 1998 |
| 0QM1 | LSE (London Stock Exchange) | Yes | Registered Shares | GB | CHF | Jul 1998 |
Biography
Schlatter Industries AG, together with its subsidiaries, manufactures and sells welding systems and weaving machines worldwide. It offers welding machines for reinforcing and industrial mesh, and industrial fences; wire straightening and cutting machines; MeshStudio, a three dimensional drawing program for welded wire mesh; wire butt welding machines; and flash butt welding machines for rails. The company also provides warp preparation machines; weaving machines for press fabrics, dryer fabrics, and industrial filters; finishing machines for forming, press, and dryer fabrics; wire weaving machines for metal wire fabrics; wire crimping machines for sieves and screens; and screen assembly machines for sieves and screens under the Jäger brand name. In addition, it offers used machinery; and training, field, and repair services, as well as spare parts. The company was formerly known as Schlatter Holding AG and changed its name to Schlatter Industries AG in January 2013. Schlatter Industries AG was founded in 1916 and is based in Schlieren, Switzerland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/06 20:42 |
| End of Day Share Price | 2020/04/06 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.