SWX:SAHN

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Schaffner Holding

Executive Summary

Schaffner Holding AG, together with its subsidiaries, develops, manufactures, and sells solutions for power electronic systems worldwide. More Details


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has Schaffner Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SAHN is less volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: SAHN's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

2.4%

SAHN

1.3%

CH Electronic

0.05%

CH Market


1 Year Return

-8.6%

SAHN

10.2%

CH Electronic

1.0%

CH Market

Return vs Industry: SAHN underperformed the Swiss Electronic industry which returned 10.2% over the past year.

Return vs Market: SAHN underperformed the Swiss Market which returned 1% over the past year.


Shareholder returns

SAHNIndustryMarket
7 Day2.4%1.3%0.05%
30 Day2.9%3.7%4.0%
90 Day4.3%-1.1%1.6%
1 Year-6.4%-8.6%11.9%10.2%4.5%1.0%
3 Year-35.3%-39.7%16.7%8.6%18.6%4.0%
5 Year0.3%-9.0%133.1%107.2%36.3%13.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

29.04x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SAHN (CHF195.5) is trading above our estimate of fair value (CHF51.63)

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


Price To Earnings Ratio

PE vs Industry: SAHN is good value based on its PE Ratio (29x) compared to the CH Electronic industry average (31.2x).

PE vs Market: SAHN is poor value based on its PE Ratio (29x) compared to the Swiss market (22.7x).


Price to Earnings Growth Ratio

PEG Ratio: SAHN is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: SAHN is good value based on its PB Ratio (2.2x) compared to the CH Electronic industry average (3.2x).


Next Steps

Future Growth

How is Schaffner Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

52.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SAHN's forecast earnings growth (52.9% per year) is above the savings rate (-0.2%).

Earnings vs Market: SAHN's earnings (52.9% per year) are forecast to grow faster than the Swiss market (13% per year).

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

Revenue vs Market: SAHN's revenue (2% per year) is forecast to grow slower than the Swiss market (4.7% per year).

High Growth Revenue: SAHN's revenue (2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SAHN's Return on Equity is forecast to be low in 3 years time (10.4%).


Next Steps

Past Performance

How has Schaffner Holding performed over the past 5 years?

1.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SAHN has high quality earnings.

Growing Profit Margin: SAHN's current net profit margins (2.3%) are lower than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: SAHN's earnings have grown by 1.1% per year over the past 5 years.

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

Earnings vs Industry: SAHN had negative earnings growth (-52.3%) over the past year, making it difficult to compare to the Electronic industry average (-7.9%).


Return on Equity

High ROE: SAHN's Return on Equity (7.7%) is considered low.


Next Steps

Financial Health

How is Schaffner Holding's financial position?


Financial Position Analysis

Short Term Liabilities: SAHN's short term assets (CHF91.6M) exceed its short term liabilities (CHF35.8M).

Long Term Liabilities: SAHN's short term assets (CHF91.6M) exceed its long term liabilities (CHF44.8M).


Debt to Equity History and Analysis

Debt Level: SAHN's debt to equity ratio (73.8%) is considered high.

Reducing Debt: SAHN's debt to equity ratio has increased from 70.6% to 73.8% over the past 5 years.

Debt Coverage: SAHN's debt is well covered by operating cash flow (28.8%).

Interest Coverage: SAHN earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Schaffner Holding current dividend yield, its reliability and sustainability?

2.56%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SAHN's dividend (2.56%) is higher than the bottom 25% of dividend payers in the Swiss market (1.88%).

High Dividend: SAHN's dividend (2.56%) is low compared to the top 25% of dividend payers in the Swiss market (3.69%).


Stability and Growth of Payments

Stable Dividend: SAHN's dividend payments have been volatile in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (74.3%), SAHN's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Marc Aeschlimann (52 yo)

3.17yrs

Tenure

CHF723,000

Compensation

Mr. Marc Aeschlimann has been the Chief Executive Officer of Schaffner Holding AG since September 1, 2017. Mr. Aeschlimann served as Chief Executive Officer of Franke Kaffeemaschinen AG (alternate name, Fr...


CEO Compensation Analysis

Compensation vs Market: Marc's total compensation ($USD793.48K) is above average for companies of similar size in the Swiss market ($USD482.89K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Marc Aeschlimann
Chief Executive Officer3.17yrsCHF723.00k0.16%
CHF 202.9k
Christian Herren
Chief Financial Officer1.58yrsno data0.051%
CHF 62.2k
Susanne Bolliger
Head of Corporate Human Resources12.08yrsno datano data
Martin Köppel
Head of Global Quality2.83yrsno datano data
Guido Schlegelmilch
Head of the EMC Division & Executive VP9.08yrsno data0.076%
CHF 93.8k
Martin Lütenegger
Head of Automotive Division & Executive VP2yrsno data0.0055%
CHF 6.8k
Daniel Zeidler
Executive VP & Head of Power Magnetics Division2yrsno data0.0047%
CHF 5.8k

2.8yrs

Average Tenure

51.5yo

Average Age

Experienced Management: SAHN's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gerhard Pegam
Director7.83yrsCHF90.00k0.075%
CHF 92.6k
Urs Kaufmann
Chairman of the Board3.83yrsCHF264.00k0.15%
CHF 184.8k
Philipp Buhofer
Independent Vice Chairman3.83yrsCHF90.00kno data
Georg Wechsler
Director8.83yrsCHF92.00k0.16%
CHF 199.2k

5.8yrs

Average Tenure

59.5yo

Average Age

Experienced Board: SAHN's board of directors are considered experienced (5.8 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

Schaffner Holding AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Schaffner Holding AG
  • Ticker: SAHN
  • Exchange: SWX
  • Founded: 1962
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: CHF123.032m
  • Shares outstanding: 632.56k
  • Website: https://www.schaffner.com

Number of Employees


Location

  • Schaffner Holding AG
  • Nordstrasse 11e
  • Luterbach
  • Solothurn
  • 4542
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SAHNSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFJun 1998
SFRNDB (Deutsche Boerse AG)YesRegistered SharesDEEURJun 1998
0QJYLSE (London Stock Exchange)YesRegistered SharesGBCHFJun 1998

Biography

Schaffner Holding AG, together with its subsidiaries, develops, manufactures, and sells solutions for power electronic systems worldwide. The company operates through three segments: Electromagnetic Compat...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/23 21:44
End of Day Share Price2020/11/20 00:00
Earnings2020/03/31
Annual Earnings2019/09/30


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.