XTRA:SNH

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Steinhoff International Holdings

Executive Summary

Steinhoff International Holdings N.V. engages in retailing activities in Australasia, France, Poland, Africa, Rest of Europe, the United Kingdom, and the United States. More Details


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Steinhoff International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SNH is more volatile than 90% of German stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: SNH's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of German stocks.


Market Performance


7 Day Return

2.7%

SNH

0.5%

DE Consumer Durables

1.0%

DE Market


1 Year Return

-16.0%

SNH

21.8%

DE Consumer Durables

3.8%

DE Market

Return vs Industry: SNH underperformed the German Consumer Durables industry which returned 21.1% over the past year.

Return vs Market: SNH underperformed the German Market which returned 2.8% over the past year.


Shareholder returns

SNHIndustryMarket
7 Day2.7%0.5%1.0%
30 Day0.9%9.8%13.8%
90 Day6.2%13.2%1.9%
1 Year-16.0%-16.0%24.2%21.8%7.1%3.8%
3 Year-98.5%-98.5%5.1%-1.9%5.2%-3.9%
5 Year-99.1%-99.1%47.6%28.5%27.5%9.5%

Long-Term Price Volatility Vs. Market

How volatile is Steinhoff International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Steinhoff International Holdings undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Steinhoff International Holdings is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Steinhoff International Holdings has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of SNH's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Steinhoff International Holdings regulatory filings.
  • Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

How is Steinhoff International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.0%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Steinhoff International Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Steinhoff International Holdings performed over the past 5 years?

-49.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SNH is currently unprofitable.

Growing Profit Margin: SNH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SNH is unprofitable, and losses have increased over the past 5 years at a rate of 49.3% per year.

Accelerating Growth: Unable to compare SNH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SNH is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-6%).


Return on Equity

High ROE: SNH's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Steinhoff International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: SNH has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SNH has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: SNH has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SNH's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SNH has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: SNH has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 49.9% each year


Next Steps

Dividend

What is Steinhoff International Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SNH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SNH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SNH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SNH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SNH is not paying a notable dividend for the German market.


Future Payout to Shareholders

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


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Louis du Preez (51 yo)

1.83yrs

Tenure

€2,724,000

Compensation

Mr. Louis Jacobus du Preez, BCom, LLB, is Chief Executive Officer of Steinhoff International Holdings N.V. since January 01, 2019 and its Member of Management Board since December 19, 2017. He was Acting C...


CEO Compensation Analysis

Compensation vs Market: Louis's total compensation ($USD3.26M) is above average for companies of similar size in the German market ($USD688.42K).

Compensation vs Earnings: Louis's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Louis du Preez
CEO & Member of Management Board1.83yrs€2.72m0.00012%
€ 237.0
Theodore le de Klerk
CFO, Operational Director & Member of Management Board1.17yrs€2.10m0.0047%
€ 9.2k
Alexandre Nodale
CEO of Conforama Group5.83yrs€2.78mno data
Johannes du Plessis
Executvie of Legal Servicesno data€10.20mno data
Louis Strydom
Chief Compliance and Risk Officer1.33yrsno datano data
Dirk Schreiber
Chief Financial Officer of Steinhoff Europeno datano datano data
Sean Summers
Chief Executive Officer of Steinhoff UK Retailno datano datano data
Richard Heis
Chief Restructuring Officer2.75yrsno datano data
S. Stagner
Chief Executive Officer of Mattress Firmno datano datano data
Stephanus Grobler
Executive of Group Treasury & Finance Activitiesno data€22.65mno data
Peter Griffiths
Chief Executive Officer of JD Groupno datano datano data
Sarah Radema
Company Secretary0.58yrno datano data

1.6yrs

Average Tenure

53.5yo

Average Age

Experienced Management: SNH's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Peter Wakkie
Independent Vice Chairman of Supervisory Boardno data€168.00kno data
Karel Grove
Executive Deputy Chairman of KAP Industrial Holdings Ltdno data€11.87mno data
Peter J. Pohlmann
Chairman of Supervisory Board for European Retail Managementno datano datano data
Moira Moses
Chairperson of the Supervisory Board0.50yr€162.00kno data
David Pauker
Independent Member of Supervisory Board1.25yrs€73.00kno data
Hugo Nelson
Independent Member of Supervisory Board2.58yrs€155.00kno data
Alexandra Watson
Independent Member of Supervisory Board2.58yrs€157.00kno data
Khanyisile Kweyama
Independent Member of Supervisory Board2.58yrs€143.00kno data
Paul Copley
Independent Member of Supervisory Board1.58yrs€113.00kno data

2.1yrs

Average Tenure

61yo

Average Age

Experienced Board: SNH's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


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

Steinhoff International Holdings N.V.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Steinhoff International Holdings N.V.
  • Ticker: SNH
  • Exchange: XTRA
  • Founded: 1964
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Market Cap: R3.651b
  • Listing Market Cap: R197.480m
  • Shares outstanding: 4.15b
  • Website: https://www.steinhoffinternational.com

Number of Employees


Location

  • Steinhoff International Holdings N.V.
  • Building B2
  • Vineyard Office Park
  • Stellenbosch
  • Western Cape
  • 7600
  • South Africa

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SNHJSE (The Johannesburg Securities Exchange)YesOrdinary SharesZAZARDec 2015
SNHDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2015
SNHXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURDec 2015
SNHWBAG (Wiener Boerse AG)YesOrdinary SharesATEURDec 2015
SNHSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFDec 2015
SNHETLX (Eurotlx)YesOrdinary SharesITEURDec 2015
STHH.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2015
0RDGLSE (London Stock Exchange)YesOrdinary SharesGBEURDec 2015

Biography

Steinhoff International Holdings N.V. engages in retailing activities in Australasia, France, Poland, Africa, Rest of Europe, the United Kingdom, and the United States. It operates through Conforama, Pepko...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/01 19:15
End of Day Share Price2020/12/01 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.