Market Cap
CHF3.0b
Last Updated
2020/06/06 23:34 UTC
Data Sources
Company Financials +
Executive Summary
Sulzer Ltd provides products and services for the oil and gas, power, water, and other markets in Switzerland and internationally.
Rewards
Risk Analysis
Snowflake Analysis
6 star dividend payer with proven track record.
Similar Companies
Share Price & News
How has Sulzer's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SUN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
14.5%
SUN
3.4%
CH Machinery
2.3%
CH Market
1 Year Return
-9.9%
SUN
2.5%
CH Machinery
3.2%
CH Market
Return vs Industry: SUN underperformed the Swiss Machinery industry which returned 2.5% over the past year.
Return vs Market: SUN underperformed the Swiss Market which returned 3.2% over the past year.
Shareholder returns
| SUN | Industry | Market | |
|---|---|---|---|
| 7 Day | 14.5% | 3.4% | 2.3% |
| 30 Day | 35.1% | 12.7% | 4.9% |
| 90 Day | 11.7% | 11.6% | 2.7% |
| 1 Year | -3.9%-9.9% | 6.1%2.5% | 6.6%3.2% |
| 3 Year | -12.7%-23.1% | 7.5%-1.2% | 21.1%8.7% |
| 5 Year | 24.5%-14.4% | 41.6%20.0% | 32.6%10.5% |
Price Volatility Vs. Market
How volatile is Sulzer's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Are Sulzer Ltd's (VTX:SUN) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?1 month ago | Simply Wall St
There's A Lot To Like About Sulzer Ltd's (VTX:SUN) Upcoming CHF4.00 Dividend1 month ago | Simply Wall St
Sulzer's (VTX:SUN) Earnings Are Growing But Is There More To The Story?Valuation
Is Sulzer undervalued compared to its fair value and its price relative to the market?
19.24x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SUN (CHF87.1) is trading above our estimate of fair value (CHF84.44)
Significantly Below Fair Value: SUN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SUN is good value based on its PE Ratio (19.2x) compared to the Machinery industry average (19.8x).
PE vs Market: SUN is good value based on its PE Ratio (19.2x) compared to the Swiss market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: SUN is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: SUN is good value based on its PB Ratio (1.9x) compared to the CH Machinery industry average (2.1x).
Next Steps
Future Growth
How is Sulzer forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
10.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SUN's forecast earnings growth (10.8% per year) is above the savings rate (-0.2%).
Earnings vs Market: SUN's earnings (10.8% per year) are forecast to grow faster than the Swiss market (8.5% per year).
High Growth Earnings: SUN's earnings are forecast to grow, but not significantly.
Revenue vs Market: SUN's revenue (0.02% per year) is forecast to grow slower than the Swiss market (2.3% per year).
High Growth Revenue: SUN's revenue (0.02% 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 (12.4%).
Next Steps
Past Performance
How has Sulzer performed over the past 5 years?
51.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SUN has high quality earnings.
Growing Profit Margin: SUN's current net profit margins (4.1%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: SUN has become profitable over the past 5 years, growing earnings by 51.3% per year.
Accelerating Growth: SUN's earnings growth over the past year (35.4%) is below its 5-year average (51.3% per year).
Earnings vs Industry: SUN earnings growth over the past year (35.4%) exceeded the Machinery industry 0.5%.
Return on Equity
High ROE: SUN's Return on Equity (9.9%) is considered low.
Next Steps
Financial Health
How is Sulzer's financial position?
Financial Position Analysis
Short Term Liabilities: SUN's short term assets (CHF2.9B) exceed its short term liabilities (CHF1.9B).
Long Term Liabilities: SUN's short term assets (CHF2.9B) exceed its long term liabilities (CHF1.6B).
Debt to Equity History and Analysis
Debt Level: SUN's debt to equity ratio (84%) is considered high.
Reducing Debt: SUN's debt to equity ratio has increased from 21.6% to 84% over the past 5 years.
Debt Coverage: SUN's debt is well covered by operating cash flow (23.9%).
Interest Coverage: SUN's interest payments on its debt are well covered by EBIT (18.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Sulzer's current dividend yield, its reliability and sustainability?
4.59%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SUN's dividend (4.59%) is higher than the bottom 25% of dividend payers in the Swiss market (1.91%).
High Dividend: SUN's dividend (4.59%) is in the top 25% of dividend payers in the Swiss market (3.83%)
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 (88.4%), 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 (64.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average management tenure
CEO
Greg Poux-Guillaume (49yo)
4.5yrs
Tenure
CHF5,473,000
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 ($USD5.69M) is above average for companies of similar size in the Swiss market ($USD1.85M).
Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Member of the Executive Committee | 4.5yrs | CHF5.47m | 0.14% CHF4.0m | |
| CFO & Member of Executive Committee | 2.17yrs | no data | 0.023% CHF691.9k | |
| Head of Group Communications & Investor Relations | 6yrs | no data | no data | |
| Chief Human Resources Officer & Member of Executive Committee | 4.25yrs | no data | 0.012% CHF366.3k | |
| Head of Europe & America - Sulzer Chemtech | no data | no data | no data | |
| Head of Europe - Markets & Technology | no data | no data | no data | |
| Head of Asia Pacific - Markets & Technology | no data | no data | no data | |
| Head of Human Resources - Sulzer Metco | no data | no data | no data | |
| Head of Europe & Middle East Operations - Sulzer Pumps | no data | no data | no data | |
| Head of Finance & Controlling - Sulzer Turbo Services | 14.67yrs | no data | no data |
4.5yrs
Average Tenure
54yo
Average Age
Experienced Management: SUN's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 5.17yrs | CHF315.00k | 0.035% CHF1.0m | |
| Independent Chairman | 6.25yrs | CHF760.00k | 0.050% CHF1.5m | |
| Independent Director | 2.17yrs | CHF323.00k | 0.00073% CHF21.6k | |
| Independent Vice Chairman | 5.17yrs | CHF327.00k | 0.020% CHF592.4k | |
| Independent Director | 2.17yrs | CHF260.00k | 0.00098% CHF29.0k | |
| Independent Director | 9.17yrs | CHF297.00k | 0.022% CHF651.6k | |
| Independent Director | 4.17yrs | CHF260.00k | 0.011% CHF315.6k | |
| Director | 0.42yr | no data | no data |
4.7yrs
Average Tenure
59yo
Average Age
Experienced Board: SUN's board of directors are considered experienced (4.7 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 company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sulzer Ltd
- Ticker: SUN
- Exchange: SWX
- Founded: 1834
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: CHF2.963b
- Shares outstanding: 34.02m
- Website: https://www.sulzer.com
Number of Employees
Location
- Sulzer Ltd
- Neuwiesenstrasse 15
- Winterthur
- Zurich
- 8401
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SUN | SWX (SIX Swiss Exchange) | Yes | Registered Shares | CH | CHF | Jan 1992 |
| SUL1 | DB (Deutsche Boerse AG) | Yes | Registered Shares | DE | EUR | Jan 1992 |
| 0QQ9 | LSE (London Stock Exchange) | Yes | Registered Shares | GB | CHF | Jan 1992 |
| SULZ.F | OTCPK (Pink Sheets LLC) | Yes | Registered Shares | US | USD | Jan 1992 |
Biography
Sulzer Ltd provides products and services for the oil and gas, power, water, and other markets 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. The company also provides lifting stations; pump and lifting station accessories; products for distillation, absorption, stripping, evaporation, phase separation, liquid-liquid extraction, crystallization, and membrane separation; static mixers; submersible mixers; lube oil systems; and solids reduction, separation, and removal systems. In addition, it offers rotating equipment services; mass transfer equipment, welding, plant maintenance, and turnaround project services; feasibility and debottlenecking studies, process validations, and basic engineering services; packaging solutions for beauty products; spare parts; testing services; training services; and services for water, wastewater, and dewatering products, as well as operates services centers for rotating equipment. Sulzer Ltd was founded in 1834 and is headquartered in Winterthur, Switzerland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 23:34 |
| End of Day Share Price | 2020/06/05 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.