Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and automotive industry worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||CHF327.30|
|52 Week High||CHF218.30|
|52 Week Low||CHF336.10|
|1 Month Change||-1.30%|
|3 Month Change||7.59%|
|1 Year Change||48.30%|
|3 Year Change||127.61%|
|5 Year Change||n/a|
|Change since IPO||122.81%|
Recent News & Updates
Sika (VTX:SIKA) Seems To Use Debt Rather Sparingly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Here's Why I Think Sika (VTX:SIKA) Might Deserve Your Attention Today
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Is Sika (VTX:SIKA) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|SIKA||CH Chemicals||CH Market|
Return vs Industry: SIKA exceeded the Swiss Chemicals industry which returned 24.2% over the past year.
Return vs Market: SIKA exceeded the Swiss Market which returned 17.3% over the past year.
Stable Share Price: SIKA is less volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: SIKA's weekly volatility (2%) has been stable over the past year.
About the Company
Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and automotive industry worldwide. It offers tile adhesives and grouts, and systems for under-tile waterproofing and sound reduction, as well as renders and decorative finishes for exterior and interior walls; and develops and markets various admixtures and additives for use in concrete, cement, and mortar production, as well as flat roofing systems. The company also provides a range of technologies used for below and aboveground waterproofing, including flexible membrane systems, liquid applied membranes, joint waterproofing systems, waterproofing mortars and mortar admixtures, and injection resins and grouts for use in various markets, such as commercial and residential basements, tunnels, bridges, and various types of water-retaining structures, such as reservoirs, storage basins, and storage tanks.
Sika Fundamentals Summary
|SIKA fundamental statistics|
Is SIKA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SIKA income statement (TTM)|
|Cost of Revenue||CHF4.00b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 22, 2021
|Earnings per share (EPS)||7.37|
|Net Profit Margin||11.98%|
How did SIKA perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is Sika undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SIKA (CHF327.3) is trading above our estimate of fair value (CHF271.05)
Significantly Below Fair Value: SIKA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SIKA is good value based on its PE Ratio (44.5x) compared to the Swiss Chemicals industry average (47.4x).
PE vs Market: SIKA is poor value based on its PE Ratio (44.5x) compared to the Swiss market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: SIKA is poor value based on its PEG Ratio (3.9x)
Price to Book Ratio
PB vs Industry: SIKA is overvalued based on its PB Ratio (12.6x) compared to the CH Chemicals industry average (6.9x).
How is Sika forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SIKA's forecast earnings growth (11.3% per year) is above the savings rate (-0.3%).
Earnings vs Market: SIKA's earnings (11.3% per year) are forecast to grow faster than the Swiss market (9.6% per year).
High Growth Earnings: SIKA's earnings are forecast to grow, but not significantly.
Revenue vs Market: SIKA's revenue (6.6% per year) is forecast to grow faster than the Swiss market (5.1% per year).
High Growth Revenue: SIKA's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SIKA's Return on Equity is forecast to be high in 3 years time (24.6%)
How has Sika performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIKA has high quality earnings.
Growing Profit Margin: SIKA's current net profit margins (12%) are higher than last year (8.8%).
Past Earnings Growth Analysis
Earnings Trend: SIKA's earnings have grown by 10.5% per year over the past 5 years.
Accelerating Growth: SIKA's earnings growth over the past year (49.2%) exceeds its 5-year average (10.5% per year).
Earnings vs Industry: SIKA earnings growth over the past year (49.2%) exceeded the Chemicals industry 12.7%.
Return on Equity
High ROE: Whilst SIKA's Return on Equity (28.42%) is high, this metric is skewed due to their high level of debt.
How is Sika's financial position?
Financial Position Analysis
Short Term Liabilities: SIKA's short term assets (CHF4.1B) exceed its short term liabilities (CHF2.1B).
Long Term Liabilities: SIKA's short term assets (CHF4.1B) do not cover its long term liabilities (CHF4.6B).
Debt to Equity History and Analysis
Debt Level: SIKA's debt to equity ratio (104.3%) is considered high.
Reducing Debt: SIKA's debt to equity ratio has increased from 27.3% to 104.3% over the past 5 years.
Debt Coverage: SIKA's debt is well covered by operating cash flow (37.3%).
Interest Coverage: SIKA's interest payments on its debt are well covered by EBIT (29.6x coverage).
What is Sika current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SIKA's dividend (0.76%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.38%).
High Dividend: SIKA's dividend (0.76%) is low compared to the top 25% of dividend payers in the Swiss market (3.61%).
Stability and Growth of Payments
Stable Dividend: SIKA is not paying a notable dividend for the Swiss market, therefore no need to check if payments are stable.
Growing Dividend: SIKA is not paying a notable dividend for the Swiss market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: SIKA is not paying a notable dividend for the Swiss market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SIKA's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Thomas Hasler (56 yo)
Mr. Thomas Hasler, Dipl. Ing. Chem. HTl, MBA, served as Head of Global Business and Industry of Sika AG since April 01, 2018 until 2021 and serves as its Chief Executive Officer since May 01, 2021. He was...
Experienced Management: SIKA's management team is considered experienced (4.4 years average tenure).
Experienced Board: SIKA's board of directors are considered experienced (3.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sika AG's employee growth, exchange listings and data sources
- Name: Sika AG
- Ticker: SIKA
- Exchange: SWX
- Founded: 1910
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: CHF46.398b
- Shares outstanding: 141.76m
- Website: https://www.sika.com
Number of Employees
- Sika AG
- Zugerstrasse 50
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 21:35|
|End of Day Share Price||2021/09/23 00:00|
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.