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Market Cap

CHF7.3b

Last Updated

2021/04/16 17:05 UTC

Data Sources

Company Financials +

Executive Summary

SIG Combibloc Group AG provides aseptic carton packaging systems and solutions for beverage and liquid food products. More Details


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has SIG Combibloc Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

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

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


Market Performance


7 Day Return

0.7%

SIGN

1.5%

CH Packaging

1.8%

CH Market


1 Year Return

41.7%

SIGN

42.7%

CH Packaging

35.7%

CH Market

Return vs Industry: SIGN exceeded the Swiss Packaging industry which returned 42.9% over the past year.

Return vs Market: SIGN exceeded the Swiss Market which returned 37% over the past year.


Shareholder returns

SIGNIndustryMarket
7 Day0.7%1.5%1.8%
30 Day9.8%5.5%5.1%
90 Day11.8%6.8%9.4%
1 Year41.7%41.7%45.9%42.7%40.2%35.7%
3 Yearn/a16.4%4.6%37.9%23.0%
5 Yearn/a63.9%39.0%70.7%39.8%

Long-Term Price Volatility Vs. Market

How volatile is SIG Combibloc Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SIG Combibloc Group undervalued compared to its fair value and its price relative to the market?

15.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SIGN (CHF22.62) is trading below our estimate of fair value (CHF27.21)

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


Price To Earnings Ratio

PE vs Industry: SIGN is poor value based on its PE Ratio (96.5x) compared to the XE Packaging industry average (16.9x).

PE vs Market: SIGN is poor value based on its PE Ratio (96.5x) compared to the Swiss market (25x).


Price to Earnings Growth Ratio

PEG Ratio: SIGN is poor value based on its PEG Ratio (3.9x)


Price to Book Ratio

PB vs Industry: SIGN is overvalued based on its PB Ratio (3.6x) compared to the XE Packaging industry average (2.1x).


Future Growth

How is SIG Combibloc Group forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

24.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SIGN's forecast earnings growth (24.5% per year) is above the savings rate (-0.3%).

Earnings vs Market: SIGN's earnings (24.5% per year) are forecast to grow faster than the Swiss market (22.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SIGN's revenue (5.8% per year) is forecast to grow faster than the Swiss market (4.6% per year).

High Growth Revenue: SIGN's revenue (5.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SIGN's Return on Equity is forecast to be low in 3 years time (13.9%).


Past Performance

How has SIG Combibloc Group performed over the past 5 years?

71.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIGN has a large one-off loss of €71.9M impacting its December 31 2020 financial results.

Growing Profit Margin: SIGN's current net profit margins (3.7%) are lower than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: SIGN's earnings have grown significantly by 71.1% per year over the past 5 years.

Accelerating Growth: SIGN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SIGN had negative earnings growth (-36.2%) over the past year, making it difficult to compare to the Packaging industry average (11.7%).


Return on Equity

High ROE: SIGN's Return on Equity (3.7%) is considered low.


Financial Health

How is SIG Combibloc Group's financial position?


Financial Position Analysis

Short Term Liabilities: SIGN's short term assets (€779.1M) exceed its short term liabilities (€686.9M).

Long Term Liabilities: SIGN's short term assets (€779.1M) do not cover its long term liabilities (€2.1B).


Debt to Equity History and Analysis

Debt Level: SIGN's debt to equity ratio (84.7%) is considered high.

Reducing Debt: Insufficient data to determine if SIGN's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SIGN's debt is well covered by operating cash flow (27.7%).

Interest Coverage: SIGN's interest payments on its debt are well covered by EBIT (6.2x coverage).


Balance Sheet


Dividend

What is SIG Combibloc Group current dividend yield, its reliability and sustainability?

1.81%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 17 2021Ex Dividend DateApr 26 2021Dividend Pay DateApr 28 20212 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: SIGN's dividend (1.84%) is higher than the bottom 25% of dividend payers in the Swiss market (1.5%).

High Dividend: SIGN's dividend (1.84%) is low compared to the top 25% of dividend payers in the Swiss market (3.53%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, SIGN has been paying a dividend for less than 10 years.

Growing Dividend: SIGN's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (182.6%), SIGN's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SIGN's dividends in 3 years are forecast to be covered by earnings (55.5% payout ratio).


Next Steps

Management

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

0.3yrs

Average management tenure


CEO

Samuel Sigrist

0.25

Tenure

Mr. Samuel Sigrist has been Chief Executive Officer at SIG Combibloc Group AG since January 1, 2021. He served as Chief Financial & Commercial Officer of SIG Combibloc Group AG since 2020 until January 1, ...


Leadership Team

Experienced Management: SIGN's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: SIGN's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 5.5%.


Top Shareholders

Company Information

SIG Combibloc Group AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SIG Combibloc Group AG
  • Ticker: SIGN
  • Exchange: SWX
  • Founded: 1853
  • Industry: Paper Packaging
  • Sector: Materials
  • Market Cap: CHF7.329b
  • Shares outstanding: 337.51m
  • Website: https://www.sig.biz

Number of Employees


Location

  • SIG Combibloc Group AG
  • Laufengasse 18
  • Neuhausen am Rheinfall
  • Schaffhausen
  • 8212
  • Switzerland

Listings


Biography

SIG Combibloc Group AG provides aseptic carton packaging systems and solutions for beverage and liquid food products. The company provides aseptic carton packaging filling machines, aseptic carton packagin...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/16 17:05
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
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.