SWX:SANT

Stock Analysis Report

Executive Summary

S&T AG develops, implements, and markets IT hardware, solutions, and services primarily in Germany, Austria, Switzerland, Eastern Europe, North America, Asia, and internationally.

Snowflake

Fundamentals

Moderate growth potential with acceptable track record.


Similar Companies

Share Price & News

How has S&T's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

SANT

2.4%

CH Tech

1.7%

CH Market


1 Year Return

-20.1%

SANT

-7.9%

CH Tech

10.5%

CH Market

Return vs Industry: SANT underperformed the Swiss Tech industry which returned -7.9% over the past year.

Return vs Market: SANT underperformed the Swiss Market which returned 10.5% over the past year.


Shareholder returns

SANTIndustryMarket
7 Day0%2.4%1.7%
30 Day0%-2.4%0.9%
90 Day0%2.1%1.1%
1 Year-19.5%-20.1%-6.0%-7.9%16.4%10.5%
3 Yearn/a42.4%34.7%34.1%16.7%
5 Yearn/a95.8%68.6%39.2%17.3%

Price Volatility Vs. Market

How volatile is S&T's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is S&T undervalued compared to its fair value and its price relative to the market?

27.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: SANT (CHF23.62) is trading above our estimate of fair value (CHF21.12)

Significantly Undervalued: SANT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SANT is poor value based on its PE Ratio (28x) compared to the Tech industry average (21.5x).

PE vs Market: SANT is poor value based on its PE Ratio (28x) compared to the Swiss market (18.4x).


Price to Earnings Growth Ratio

Low PEG Ratio: SANT is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: SANT is overvalued based on its PB Ratio (3.7x) compared to the XE Tech industry average (1.3x).


Next Steps

Future Growth

How is S&T forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

18.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SANT's forecast earnings growth (18.8% per year) is above the savings rate (3.3%).

Earnings vs Market: SANT's earnings (18.8% per year) are forecast to grow faster than the Swiss market (10.3% per year).

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

Revenue vs Market: SANT's revenue (8.8% per year) is forecast to grow faster than the Swiss market (3.5% per year).

High Growth Revenue: SANT's revenue (8.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: SANT's Return on Equity is forecast to be low in 3 years time (16.8%).


Next Steps

Past Performance

How has S&T performed over the past 5 years?

30.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SANT's earnings have grown significantly by 30.2% per year over the past 5 years.

Accelerating Growth: SANT's earnings growth over the past year (38.5%) exceeds its 5-year average (30.2% per year).

Earnings vs Industry: SANT earnings growth over the past year (38.5%) exceeded the Tech industry -0.3%.


Return on Equity

High ROE: SANT's Return on Equity (13.3%) is considered low.


Return on Assets

ROA vs Industry: SANT's Return on Assets is below or equal to the Tech industry average last year.


Return on Capital Employed

ROCE Improving: SANT's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is S&T's financial position?


Financial Position Analysis

Short Term Liabilities: SANT's short term assets (€720.7M) exceeds its short term liabilities (€437.9M)

Long Term Liabilities: SANT's short term assets (720.7M) exceeds its long term liabilities (341.7M)


Debt to Equity History and Analysis

Debt Level: SANT's debt to equity ratio (81.3%) is considered high

Reducing Debt: SANT's debt to equity ratio has increased from 59.2% to 81.3% over the past 5 years.

Debt Coverage: SANT's debt is not well covered by operating cash flow (13.4%).

Interest Coverage: SANT's interest payments on its debt are well covered by EBIT (10.6x coverage).


Balance Sheet

Inventory Level: SANT has a high level of physical assets or inventory.

Debt Coverage by Assets: SANT's debt is covered by short term assets (assets are 2.435150x debt).


Next Steps

Dividend

What is S&T's current dividend yield, its reliability and sustainability?

0.80%

Current Dividend Yield


Dividend Yield vs Market

company0.8%marketbottom25%1.9%markettop25%3.7%industryaverage1.6%forecastin3Years1.1%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: SANT's dividend (0.8%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.9%).

High Dividend: SANT's dividend (0.8%) is low compared to the top 25% of dividend payers in the Swiss market (3.68%).

Stable Dividend: SANT is not paying a notable dividend for the Swiss market, therefore no need to check if payments are stable.

Growing Dividend: SANT 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: SANT is not paying a notable dividend for the Swiss market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SANT's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

What is the CEO of S&T's salary, the management and board of directors tenure and is there insider trading?

9.7yrs

Average management tenure


CEO

Hannes Niederhauser (57yo)

8.7yrs

Tenure

0

Mr. Hannes Niederhauser Dipl. Ing. serves as the Chief Executive Officer and Chairman of the Executive Board at S&T AG. Dip. Ing Niederhauser has been the COO, CEO and Member of Management Board at Kontron ...


Management Age and Tenure

9.7yrs

Average Tenure

57yo

Average Age

Experienced Management: SANT's management team is seasoned and experienced (9.7 years average tenure).


Board Age and Tenure

2.2yrs

Average Tenure

63.5yo

Average Age

Experienced Board: SANT's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Hannes Niederhauser (57yo)

    CEO & Chairman of the Executive Board

    • Tenure: 8.7yrs
  • Peter Sturz (61yo)

    COO of Services EE & Member of Executive Board

    • Tenure: 11.7yrs
  • Michael Jeske (48yo)

    COO of Services DACH & Member of Executive Board

    • Tenure: 10.7yrs
  • Richard Neuwirth (41yo)

    CFO & Deputy Chairman of Executive Board

    • Tenure: 2.3yrs
  • Olga Sinenko

    Executive VP of Smart Energy & Member of Management Board

    • Tenure: 0yrs
  • Alexandra Habekost

    Head of Investor Relations

    • Tenure: 0yrs
  • Carlos Queiroz (65yo)

    COO of IoT Solutions Europe & Member of Executive Board

    • Tenure: 0yrs
  • steve chen

    Executive VP of Asia & Member of Executive Board

    • Tenure: 0yrs
  • Michael Riegert

    Executive VP of APAC & North America and Member of Management Board

    • Tenure: 0yrs
  • Christoph Neumann

    VP of Technology & Member of Executive Board

    • Tenure: 0yrs

Board Members

  • Erhard Grossnigg (73yo)

    Chairman of Supervisory Board

    • Tenure: 0yrs
  • Bernhard Chwatal (49yo)

    Deputy Chairman of the Supervisory Board

    • Tenure: 6.3yrs
  • Ed Wu (70yo)

    Member of Supervisory Board

    • Tenure: 2.2yrs
  • Steve Chu (57yo)

    Member of Supervisory Board

    • Tenure: 2.2yrs
  • Max Lee

    Member of Supervisory Board

    • Tenure: 0.3yrs

Company Information

S&T AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: S&T AG
  • Ticker: SANT
  • Exchange: SWX
  • Founded: 1990
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: €1.321b
  • Listing Market Cap: €1.443b
  • Shares outstanding: 65.98m
  • Website: https://www.snt.at

Number of Employees


Location

  • S&T AG
  • Industriezeile 35
  • Linz
  • Upper Austria
  • 4021
  • Austria

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SANTDB (Deutsche Boerse AG)YesOrdinary Bearer SharesDEEURNov 2000
SANTXTRA (XETRA Trading Platform)YesOrdinary Bearer SharesDEEURNov 2000
0L9JLSE (London Stock Exchange)YesOrdinary Bearer SharesGBEURNov 2000
SANTWBAG (Wiener Boerse AG)YesOrdinary Bearer SharesATEURNov 2000
SANTSWX (SIX Swiss Exchange)YesOrdinary Bearer SharesCHCHFNov 2000

Biography

S&T AG develops, implements, and markets IT hardware, solutions, and services primarily in Germany, Austria, Switzerland, Eastern Europe, North America, Asia, and internationally. The company operates thro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/11 21:52
End of Day Share Price2019/06/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.