SAF-Holland S.A. manufactures and supplies chassis-related systems and components for trucks, trailers, semi-trailers, buses, and recreational vehicles.
Good value with adequate balance sheet and pays a dividend.
Share Price & News
How has SAF-Holland's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SFQ has not had significant price volatility in the past 3 months.
7 Day Return
DE Auto Components
1 Year Return
DE Auto Components
Return vs Industry: SFQ underperformed the German Auto Components industry which returned -4.4% over the past year.
Return vs Market: SFQ underperformed the German Market which returned 17.1% over the past year.
Price Volatility Vs. Market
How volatile is SAF-Holland's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StWhy SAF-Holland S.A. (ETR:SFQ) Could Be Worth Watching
2 weeks ago | Simply Wall StImagine Owning SAF-Holland (ETR:SFQ) And Wondering If The 49% Share Price Slide Is Justified
1 month ago | Simply Wall StDoes SAF-Holland S.A.'s (ETR:SFQ) P/E Ratio Signal A Buying Opportunity?
Is SAF-Holland 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: SFQ (€6.97) is trading above our estimate of fair value (€3.93)
Significantly Below Fair Value: SFQ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SFQ is good value based on its PE Ratio (11.7x) compared to the Auto Components industry average (12.5x).
PE vs Market: SFQ is good value based on its PE Ratio (11.7x) compared to the German market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: SFQ is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: SFQ is good value based on its PB Ratio (1x) compared to the DE Auto Components industry average (1.2x).
How is SAF-Holland forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SFQ's forecast earnings growth (29.5% per year) is above the savings rate (-0.4%).
Earnings vs Market: SFQ's earnings (29.5% per year) are forecast to grow faster than the German market (13.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SFQ's revenue (1% per year) is forecast to grow slower than the German market (4.8% per year).
High Growth Revenue: SFQ's revenue (1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SFQ's Return on Equity is forecast to be low in 3 years time (12.4%).
How has SAF-Holland performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SFQ has a large one-off loss of €17.2M impacting its September 30 2019 financial results.
Growing Profit Margin: SFQ's current net profit margins (2%) are lower than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: SFQ's earnings have grown by 0.5% per year over the past 5 years.
Accelerating Growth: SFQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SFQ had negative earnings growth (-44.9%) over the past year, making it difficult to compare to the Auto Components industry average (-6.6%).
Return on Equity
High ROE: SFQ's Return on Equity (8.2%) is considered low.
Return on Assets
Return on Capital Employed
How is SAF-Holland's financial position?
Financial Position Analysis
Short Term Liabilities: SFQ's short term assets (€512.9M) exceed its short term liabilities (€296.2M).
Long Term Liabilities: SFQ's short term assets (€512.9M) exceed its long term liabilities (€394.4M).
Debt to Equity History and Analysis
Debt Level: SFQ's debt to equity ratio (106.4%) is considered high.
Reducing Debt: SFQ's debt to equity ratio has increased from 71.6% to 106.4% over the past 5 years.
Debt Coverage: SFQ's debt is well covered by operating cash flow (32.3%).
Interest Coverage: SFQ's interest payments on its debt are well covered by EBIT (7.5x coverage).
Inventory Level: SFQ has a high level of physical assets or inventory.
Debt Coverage by Assets: SFQ's debt is covered by short term assets (assets are 1.4x debt).
What is SAF-Holland's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SFQ's dividend (6.46%) is higher than the bottom 25% of dividend payers in the German market (1.38%).
High Dividend: SFQ's dividend (6.46%) is in the top 25% of dividend payers in the German market (3.53%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SFQ has been paying a dividend for less than 10 years.
Growing Dividend: SFQ's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.8%), SFQ's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SFQ's dividends in 3 years are forecast to be well covered by earnings (31.3% payout ratio).
What is the CEO of SAF-Holland's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Alexander Geis 0
Mr. Alexander Geis has been Member of Management Board at Saf-Holland SA since July 1, 2011. Mr. Geis serves as Chief Executive Officer of SAF-Holland S.A. since February 25, 2019 and as its Chairman of Ma ...
CEO Compensation Analysis
Compensation vs Market: Alexander's total compensation ($USD812.10K) is about average for companies of similar size in the German market ($USD817.80K).
Compensation vs Earnings: Alexander's compensation has been consistent with company performance over the past year.
Management Age and Tenure
Experienced Management: SFQ's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Age and Tenure
Experienced Board: SFQ's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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.
- Tenure: 0.3yrs
Managing Director of SAF Trade BG
Managing Director of SAF ESPAÑA
Managing Director of SAF UKRAINE
Managing Director of SAF Polska
Managing Director of SAF Hungary
Michael Schickling (56yo)
Head of Investor Relations and Corporate Communications
- Tenure: 0.8yrs
CEO & Chairman of Management Board
- Tenure: 0.9yrs
- Compensation: €730.00k
Matthias Heiden (45yo)
CFO & Member of Management Board
- Tenure: 2.8yrs
- Compensation: €733.00k
COO & Member of Management Board
- Tenure: 1yrs
Carsten Reinhardt (52yo)
- Tenure: 2.8yrs
Martin Kleinschmitt (58yo)
- Tenure: 0.3yrs
Martina Merz (56yo)
- Tenure: 0.2yrs
Jack Gisinger (71yo)
- Tenure: 2.8yrs
- Tenure: 7.8yrs
Ingrid Jägering (53yo)
- Tenure: 0.2yrs
SAF-Holland S.A.'s company bio, employee growth, exchange listings and data sources
- Name: SAF-Holland S.A.
- Ticker: SFQ
- Exchange: XTRA
- Founded: 1881
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: €301.191m
- Shares outstanding: 45.39m
- Website: https://www.safholland.com
Number of Employees
- SAF-Holland S.A.
- 68-70, Boulevard de la Petrusse
- Luxembourg City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SFQ||DB (Deutsche Boerse AG)||Yes||Ordinary Bearer Shares||DE||EUR||Jul 2007|
|0O4N||LSE (London Stock Exchange)||Yes||Ordinary Bearer Shares||GB||EUR||Jul 2007|
|SFQ||XTRA (XETRA Trading Platform)||Yes||Ordinary Bearer Shares||DE||EUR||Jul 2007|
|SFHL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Bearer Shares||US||USD||Jul 2007|
|SFQD||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Bearer Shares||GB||EUR||Jul 2007|
|SFQ||SWX (SIX Swiss Exchange)||Yes||Ordinary Bearer Shares||CH||CHF||Jul 2007|
|SFQ||WBAG (Wiener Boerse AG)||Yes||Ordinary Bearer Shares||AT||EUR||Jul 2007|
|SFQ||ETLX (Eurotlx)||Yes||Ordinary Bearer Shares||IT||EUR||Jul 2007|
SAF-Holland S.A. manufactures and supplies chassis-related systems and components for trucks, trailers, semi-trailers, buses, and recreational vehicles. It offers axle and suspension systems, fifth wheels, kingpins, and landing gears under the SAF, Holland, Neway, KLL, Corpco, V.Orlandi, and York brands. The company also provides coupling devices and spare parts. It serves original equipment manufacturers. The company has operations in Europe, the Middle East, Africa, the Americas, the Asia Pacific, and China. SAF-Holland S.A. was founded in 1881 and is headquartered in Luxembourg City, Luxembourg.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/01/25 21:46|
|End of Day Share Price||2020/01/24 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.