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SUN

SulzerSWX:SUN Stock Report

Last Price

CHF86.55

Market Cap

CHF2.9b

7D

-0.06%

1Y

-12.0%

Updated

21 Jan, 2022

Data

Company Financials +
SUN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends6/6

SUN Stock Overview

Sulzer Ltd provides fluid engineering services in Switzerland and internationally.

Sulzer Competitors

Thermo Fisher Scientific

NYSE:TMO

US$228.7b

Danaher

NYSE:DHR

US$200.4b

Siemens

XTRA:SIE

€115.9b

General Electric

NYSE:GE

US$105.7b

Price History & Performance

Summary of all time highs, changes and price drops for Sulzer
Historical stock prices
Current Share PriceCHF86.55
52 Week HighCHF144.40
52 Week LowCHF81.05
Beta1.98
1 Month Change-1.76%
3 Month Change-5.00%
1 Year Change-12.04%
3 Year Change-4.15%
5 Year Change-23.48%
Change since IPO119.67%

Recent News & Updates

Jan 11
What Is Sulzer Ltd's (VTX:SUN) Share Price Doing?

What Is Sulzer Ltd's (VTX:SUN) Share Price Doing?

While Sulzer Ltd ( VTX:SUN ) might not be the most widely known stock at the moment, it received a lot of attention...

Dec 21
Here's What To Make Of Sulzer's (VTX:SUN) Decelerating Rates Of Return

Here's What To Make Of Sulzer's (VTX:SUN) Decelerating Rates Of Return

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...

Dec 06
I Ran A Stock Scan For Earnings Growth And Sulzer (VTX:SUN) Passed With Ease

I Ran A Stock Scan For Earnings Growth And Sulzer (VTX:SUN) Passed With Ease

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Oct 03
Here's Why Sulzer (VTX:SUN) Can Manage Its Debt Responsibly

Here's Why Sulzer (VTX:SUN) Can Manage Its Debt Responsibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Sep 19
Sulzer (VTX:SUN) Has More To Do To Multiply In Value Going Forward

Sulzer (VTX:SUN) Has More To Do To Multiply In Value Going Forward

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...

Shareholder Returns

SUNCH MachineryCH Market
7D-0.06%-1.8%-0.6%
1Y-12.0%13.4%14.7%

Return vs Industry: SUN underperformed the Swiss Machinery industry which returned 13.4% over the past year.

Return vs Market: SUN underperformed the Swiss Market which returned 14.7% over the past year.

Price Volatility

Is SUN's price volatile compared to industry and market?
SUN volatility
SUN Average Weekly Movement4.0%
Machinery Industry Average Movement4.6%
Market Average Movement3.9%
10% most volatile stocks in CH Market6.7%
10% least volatile stocks in CH Market2.0%

Stable Share Price: SUN is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SUN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
183415,574Greg Poux-Guillaumehttps://www.sulzer.com

Sulzer Ltd provides fluid engineering services in Switzerland and internationally. The company operates through Pumps Equipment, Rotating Equipment Services, Chemtech, and Applicator Systems divisions. It offers side-mounted horizontal and top-mounted vertical agitators, dynamic chemical mixers, and tower and tank flow management products; tower management systems; turbo compressors, aeration systems, and mechanical aerators; cartridges, mixers, dispensers, and accessories; process solutions; medium consistency products; pumping solutions and auxiliary equipment; and control and monitoring equipment.

Sulzer Fundamentals Summary

How do Sulzer's earnings and revenue compare to its market cap?
SUN fundamental statistics
Market CapCHF2.92b
Earnings (TTM)CHF153.90m
Revenue (TTM)CHF3.44b

19.0x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SUN income statement (TTM)
RevenueCHF3.44b
Cost of RevenueCHF2.39b
Gross ProfitCHF1.06b
ExpensesCHF902.10m
EarningsCHF153.90m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Feb 18, 2022

Earnings per share (EPS)4.55
Gross Margin30.66%
Net Profit Margin4.47%
Debt/Equity Ratio118.5%

How did SUN perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

88%

Payout Ratio

Valuation

Is Sulzer undervalued compared to its fair value and its price relative to the market?

8.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SUN (CHF86.55) is trading below our estimate of fair value (CHF94.6)

Significantly Below Fair Value: SUN is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: SUN is good value based on its PE Ratio (19x) compared to the Swiss Machinery industry average (29x).

PE vs Market: SUN is good value based on its PE Ratio (19x) compared to the Swiss market (20.6x).


Price to Earnings Growth Ratio

PEG Ratio: SUN is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: SUN is good value based on its PB Ratio (2x) compared to the CH Machinery industry average (2.5x).


Future Growth

How is Sulzer forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

8.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SUN's forecast earnings growth (8.1% per year) is above the savings rate (-0.3%).

Earnings vs Market: SUN's earnings (8.1% per year) are forecast to grow faster than the Swiss market (6.9% per year).

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

Revenue vs Market: SUN's revenue (2.9% per year) is forecast to grow slower than the Swiss market (4.9% per year).

High Growth Revenue: SUN's revenue (2.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SUN's Return on Equity is forecast to be low in 3 years time (19.1%).


Past Performance

How has Sulzer performed over the past 5 years?

13.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SUN has high quality earnings.

Growing Profit Margin: SUN's current net profit margins (4.5%) are higher than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: SUN's earnings have grown by 13.2% per year over the past 5 years.

Accelerating Growth: SUN's earnings growth over the past year (47.6%) exceeds its 5-year average (13.2% per year).

Earnings vs Industry: SUN earnings growth over the past year (47.6%) underperformed the Machinery industry 47.6%.


Return on Equity

High ROE: SUN's Return on Equity (10.7%) is considered low.


Financial Health

How is Sulzer's financial position?


Financial Position Analysis

Short Term Liabilities: SUN's short term assets (CHF3.2B) exceed its short term liabilities (CHF2.1B).

Long Term Liabilities: SUN's short term assets (CHF3.2B) exceed its long term liabilities (CHF2.0B).


Debt to Equity History and Analysis

Debt Level: SUN's net debt to equity ratio (30.4%) is considered satisfactory.

Reducing Debt: SUN's debt to equity ratio has increased from 32.6% to 118.5% over the past 5 years.

Debt Coverage: SUN's debt is well covered by operating cash flow (24.8%).

Interest Coverage: SUN's interest payments on its debt are well covered by EBIT (12.9x coverage).


Balance Sheet


Dividend

What is Sulzer current dividend yield, its reliability and sustainability?

4.62%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SUN's dividend (4.62%) is higher than the bottom 25% of dividend payers in the Swiss market (1.37%).

High Dividend: SUN's dividend (4.62%) is in the top 25% of dividend payers in the Swiss market (3.58%)


Stability and Growth of Payments

Stable Dividend: SUN's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (87.8%), SUN's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SUN's dividends in 3 years are forecast to be covered by earnings (59.1% payout ratio).


Next Steps

Management

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

6.1yrs

Average management tenure


CEO

Greg Poux-Guillaume (51 yo)

6.08yrs

Tenure

CHF5,336,000

Compensation

Mr. Grégoire Poux-Guillaume, also known as Greg, has been the Chief Executive Officer at Sulzer, Ltd., since December 1, 2015 and was its Ad Interim Chief Financial Officer until 2018. Mr. Poux-Guillaume s...


CEO Compensation Analysis

Compensation vs Market: Greg's total compensation ($USD5.85M) is above average for companies of similar size in the Swiss market ($USD1.37M).

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


Leadership Team

Experienced Management: SUN's management team is seasoned and experienced (6.1 years average tenure).


Board Members

Experienced Board: SUN'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

Sulzer Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Sulzer Ltd
  • Ticker: SUN
  • Exchange: SWX
  • Founded: 1834
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: CHF2.924b
  • Shares outstanding: 33.79m
  • Website: https://www.sulzer.com

Number of Employees


Location

  • Sulzer Ltd
  • Neuwiesenstrasse 15
  • Winterthur
  • Zurich
  • 8401
  • Switzerland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 21:17
End of Day Share Price2022/01/21 00:00
Earnings2021/06/30
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.