Sunrise Communications Group AG, together with its subsidiaries, provides telecommunications services to residential and business customers, and other carriers in Switzerland. More Details
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Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has Sunrise Communications Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SRCG is more volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SRCG's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Swiss stocks.
7 Day Return
1 Year Return
Return vs Industry: SRCG exceeded the Swiss Telecom industry which returned -18.6% over the past year.
Return vs Market: SRCG exceeded the Swiss Market which returned -4.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Sunrise Communications Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StWhat Kind Of Shareholders Own Sunrise Communications Group AG (VTX:SRCG)?
4 months ago | Simply Wall StDoes Sunrise Communications Group (VTX:SRCG) Have A Healthy Balance Sheet?
5 months ago | Simply Wall StA Closer Look At Sunrise Communications Group AG's (VTX:SRCG) Uninspiring ROE
Is Sunrise Communications Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SRCG (CHF106.9) is trading below our estimate of fair value (CHF166.37)
Significantly Below Fair Value: SRCG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SRCG is poor value based on its PE Ratio (126.7x) compared to the XE Telecom industry average (18.8x).
PE vs Market: SRCG is poor value based on its PE Ratio (126.7x) compared to the Swiss market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: SRCG is poor value based on its PEG Ratio (5x)
Price to Book Ratio
PB vs Industry: SRCG is overvalued based on its PB Ratio (4x) compared to the XE Telecom industry average (1.7x).
How is Sunrise Communications Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SRCG's forecast earnings growth (25.5% per year) is above the savings rate (-0.2%).
Earnings vs Market: SRCG's earnings (25.5% per year) are forecast to grow faster than the Swiss market (11.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SRCG's revenue (1.6% per year) is forecast to grow slower than the Swiss market (4.5% per year).
High Growth Revenue: SRCG's revenue (1.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SRCG's Return on Equity is forecast to be high in 3 years time (20.1%)
How has Sunrise Communications Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SRCG has a large one-off loss of CHF56.1M impacting its June 30 2020 financial results.
Growing Profit Margin: SRCG's current net profit margins (2%) are lower than last year (6.9%).
Past Earnings Growth Analysis
Earnings Trend: SRCG has become profitable over the past 5 years, growing earnings by 24.8% per year.
Accelerating Growth: SRCG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SRCG had negative earnings growth (-70.1%) over the past year, making it difficult to compare to the Telecom industry average (7.2%).
Return on Equity
High ROE: SRCG's Return on Equity (3.2%) is considered low.
How is Sunrise Communications Group's financial position?
Financial Position Analysis
Short Term Liabilities: SRCG's short term assets (CHF698.0M) do not cover its short term liabilities (CHF728.3M).
Long Term Liabilities: SRCG's short term assets (CHF698.0M) do not cover its long term liabilities (CHF2.1B).
Debt to Equity History and Analysis
Debt Level: SRCG's debt to equity ratio (140.3%) is considered high.
Reducing Debt: SRCG's debt to equity ratio has reduced from 160.1% to 140.3% over the past 5 years.
Debt Coverage: SRCG's debt is well covered by operating cash flow (28.4%).
Interest Coverage: SRCG's interest payments on its debt are well covered by EBIT (3x coverage).
What is Sunrise Communications Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SRCG's dividend (4.12%) is higher than the bottom 25% of dividend payers in the Swiss market (1.97%).
High Dividend: SRCG's dividend (4.12%) is in the top 25% of dividend payers in the Swiss market (3.85%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SRCG has been paying a dividend for less than 10 years.
Growing Dividend: SRCG's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (521.6%), SRCG's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SRCG's dividends in 3 years are not forecast to be well covered by earnings (96.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
André Krause (50 yo)
Mr. André Krause is Chief Executive Officer at Sunrise Communications AG since January 3, 2020. Mr. Krause was a.i. Chief Consumer Officer at Sunrise Communications AG since January 3, 2020 until September...
|CEO & Member of Management Board||0.75yr||no data||0.043% |
|Chief Financial Officer||0.75yr||no data||no data|
|CTO & Member of Management Board||no data||no data||0.010% |
|Chief Services Officer & Member of Management Board||4.33yrs||no data||0.033% |
|Chief Business Officer & Member of the Management Board||no data||no data||0.011% |
|Chief Administrative Officer||no data||no data||0.0046% |
|Chief HR Officer & Member of the Executive Leadership Team||1.75yrs||no data||0.010% |
|Chief Consumer Officer & Member of Management Board||no data||no data||0.0033% |
|Head of Business Customers Unit||13.75yrs||no data||no data|
|Chief YOL Officer||0.083yr||no data||no data|
Experienced Management: SRCG's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Director||0.50yr||no data||no data|
|Independent Vice Chairman of the board||0.50yr||CHF130.00k||0.0061% |
|Independent Non-Executive Director||4.5yrs||CHF130.00k||0.0061% |
|Director||0.50yr||no data||no data|
|Independent Non-Executive Director||2.5yrs||CHF140.00k||0.0029% |
|Independent Director||1.5yrs||CHF110.00k||0.0015% |
|Director||0.50yr||no data||no data|
|Chairman of the Board||0.50yr||no data||no data|
Experienced Board: SRCG's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
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.
Sunrise Communications Group AG's company bio, employee growth, exchange listings and data sources
- Name: Sunrise Communications Group AG
- Ticker: SRCG
- Exchange: SWX
- Founded: 2015
- Industry: Integrated Telecommunication Services
- Sector: Telecom
- Market Cap: CHF4.839b
- Shares outstanding: 45.27m
- Website: https://www.sunrise.ch
Number of Employees
- Sunrise Communications Group AG
- Thurgauerstrasse 101B
- Glattpark (Opfikon)
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SRCG||SWX (SIX Swiss Exchange)||Yes||Common Shares||CH||CHF||Feb 2015|
|SR2||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Feb 2015|
|0R5G||LSE (London Stock Exchange)||Yes||Common Shares||GB||CHF||Feb 2015|
|SNMM.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Feb 2015|
|SRCGE||SWX (SIX Swiss Exchange)||CHF1 (TENDERED 2ND LINE)||CH||CHF||Sep 2020|
Sunrise Communications Group AG, together with its subsidiaries, provides telecommunications services to residential and business customers, and other carriers in Switzerland. The company offers mobile voi...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/28 21:33|
|End of Day Share Price||2020/10/28 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.