SWX:SWTQ

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Schweiter Technologies AG engages in the development, production, and distribution of cast plastic sheets, composite panels, foam boards, and core materials for composite structures in Europe, the Americas, Asia, and internationally.


Snowflake Analysis

Flawless balance sheet average dividend payer.

Share Price & News

How has Schweiter Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SWTQ's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

11.7%

SWTQ

4.4%

CH Building

1.2%

CH Market


1 Year Return

21.0%

SWTQ

6.6%

CH Building

2.9%

CH Market

Return vs Industry: SWTQ exceeded the Swiss Building industry which returned 6.8% over the past year.

Return vs Market: SWTQ exceeded the Swiss Market which returned 3% over the past year.


Shareholder returns

SWTQIndustryMarket
7 Day11.7%4.4%1.2%
30 Day15.8%9.3%2.5%
90 Day-2.5%-3.2%-1.5%
1 Year26.2%21.0%9.5%6.6%6.3%2.9%
3 Year1.2%-10.4%8.8%1.0%15.9%4.1%
5 Year74.4%42.9%61.3%39.2%28.4%6.9%

Price Volatility Vs. Market

How volatile is Schweiter Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

25.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SWTQ (CHF1106) is trading above our estimate of fair value (CHF806.64)

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


Price To Earnings Ratio

PE vs Industry: SWTQ is poor value based on its PE Ratio (25.3x) compared to the Building industry average (24.3x).

PE vs Market: SWTQ is poor value based on its PE Ratio (25.3x) compared to the Swiss market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: SWTQ is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: SWTQ is good value based on its PB Ratio (2.2x) compared to the CH Building industry average (5.5x).


Next Steps

Future Growth

How is Schweiter Technologies forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

9.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SWTQ's forecast earnings growth (9.6% per year) is above the savings rate (-0.2%).

Earnings vs Market: SWTQ's earnings (9.6% per year) are forecast to grow faster than the Swiss market (8.5% per year).

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

Revenue vs Market: SWTQ's revenue (2.2% per year) is forecast to grow slower than the Swiss market (2.4% per year).

High Growth Revenue: SWTQ's revenue (2.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SWTQ's Return on Equity is forecast to be low in 3 years time (10.8%).


Next Steps

  • Explore growth companies in the Capital Goods industry.

Past Performance

How has Schweiter Technologies performed over the past 5 years?

7.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SWTQ has high quality earnings.

Growing Profit Margin: SWTQ's current net profit margins (5.3%) are lower than last year (5.8%).


Past Earnings Growth Analysis

Earnings Trend: SWTQ's earnings have grown by 7.4% per year over the past 5 years.

Accelerating Growth: SWTQ's earnings growth over the past year (3.9%) is below its 5-year average (7.4% per year).

Earnings vs Industry: SWTQ earnings growth over the past year (3.9%) underperformed the Building industry 4%.


Return on Equity

High ROE: SWTQ's Return on Equity (8.6%) is considered low.


Next Steps

Financial Health

How is Schweiter Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: SWTQ's short term assets (CHF498.2M) exceed its short term liabilities (CHF152.1M).

Long Term Liabilities: SWTQ's short term assets (CHF498.2M) exceed its long term liabilities (CHF166.4M).


Debt to Equity History and Analysis

Debt Level: SWTQ's debt to equity ratio (0.06%) is considered satisfactory.

Reducing Debt: SWTQ's debt to equity ratio has reduced from 0.6% to 0.06% over the past 5 years.

Debt Coverage: SWTQ's debt is well covered by operating cash flow (24418%).

Interest Coverage: SWTQ's interest payments on its debt are well covered by EBIT (22.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Schweiter Technologies's current dividend yield, its reliability and sustainability?

3.62%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SWTQ's dividend (3.62%) is higher than the bottom 25% of dividend payers in the Swiss market (1.93%).

High Dividend: SWTQ's dividend (3.62%) is low compared to the top 25% of dividend payers in the Swiss market (3.91%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (91.5%), SWTQ's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SWTQ's dividends in 3 years are forecast to be covered by earnings (70.6% payout ratio).


Next Steps

Management

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

9.2yrs

Average board tenure


CEO

Heinz Baumgartner (56yo)

11.83yrs

Tenure

CHF1,524,000

Compensation

Dr. Heinz O. Baumgartner has been the Group Chief Executive Officer of Schweiter Technologies AG since July 1, 2008 and its Director since April 8, 2020. Dr. Baumgartner served as the Chief Financial Offic ...


CEO Compensation Analysis

Compensation vs Market: Heinz's total compensation ($USD1.59M) is about average for companies of similar size in the Swiss market ($USD1.25M).

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


Board Members

NamePositionTenureCompensationOwnership
Heinz Baumgartner
Group CEO & Director11.83yrsCHF1.52m0.017% CHF276.5k
Beat Siegrist
Non-Executive Chairman9yrsCHF253.00k5.86% CHF92.8m
Jacques Sanche
Non-Executive Director9.33yrsCHF91.00k0.0018% CHF27.7k
Lukas Braunschweiler
Non-Executive Director9.33yrsCHF91.00k0.022% CHF353.9k
Vanessa Frey
Non-Executive Director6yrsCHF91.00kno data
Lars van der Haegen
Directorno datano datano data

9.2yrs

Average Tenure

55yo

Average Age

Experienced Board: SWTQ's board of directors are considered experienced (9.2 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

Schweiter Technologies AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Schweiter Technologies AG
  • Ticker: SWTQ
  • Exchange: SWX
  • Founded: 1912
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: CHF1.584b
  • Shares outstanding: 1.43m
  • Website: https://www.schweiter.ch

Number of Employees


Location

  • Schweiter Technologies AG
  • Hinterbergstrasse 20
  • Steinhausen
  • Zug
  • 6312
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SCWT.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDJan 1992
SWTQSWX (SIX Swiss Exchange)YesBearer SharesCHCHFJan 1992
0QR1LSE (London Stock Exchange)YesBearer SharesGBCHFJan 1992
SN2DB (Deutsche Boerse AG)YesBearer SharesDEEURJan 1992

Biography

Schweiter Technologies AG engages in the development, production, and distribution of cast plastic sheets, composite panels, foam boards, and core materials for composite structures in Europe, the Americas, Asia, and internationally. It provides materials for sandwich constructions, principally for use in wind farms; and composite panels for facades and display applications in the display, architecture, wind energy, marine, transportation, and industrial markets. The company offers its products under the ALUCOBOND, AIREX, BALTEK, CRYLON, CRYLUX, DIBOND, FOREX, GATOR, KAPA, SINTRA, SMART-X, FOAMALITE, and PERSPEX brands. In addition, it is involved in the property management activities; and provision of management services. Schweiter Technologies AG was founded in 1912 and is headquartered in Steinhausen, Switzerland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 20:58
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.