Surteco Group
Market Cap
€309.8m
Last Updated
2019/10/18 20:51 UTC
Data Sources
Company Financials +
Executive Summary
Surteco Group SE develops, produces, and sells coated surface materials based on paper and plastic worldwide.
Snowflake
Fundamentals
Good value with adequate balance sheet and pays a dividend.
Share Price & News
How has Surteco Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-3.5%
SUR
-1.3%
DE Consumer Durables
1.4%
DE Market
1 Year Return
-6.6%
SUR
-6.6%
DE Consumer Durables
3.7%
DE Market
Return vs Industry: SUR matched the German Consumer Durables industry which returned -6.6% over the past year.
Return vs Market: SUR underperformed the German Market which returned 3.7% over the past year.
Shareholder returns
| SUR | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.5% | -1.3% | 1.4% |
| 30 Day | -9.6% | -3.1% | 1.8% |
| 90 Day | -17.4% | -10.2% | 3.4% |
| 1 Year | -4.6%-6.6% | -4.4%-6.6% | 7.0%3.7% |
| 3 Year | -4.7%-12.6% | -12.5%-19.6% | 18.5%8.3% |
| 5 Year | -3.8%-17.8% | 27.0%9.9% | 42.2%22.9% |
Price Volatility Vs. Market
How volatile is Surteco Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Is Surteco Group SE's (ETR:SUR) High P/E Ratio A Problem For Investors?2 weeks ago | Simply Wall St
Can Surteco Group SE (ETR:SUR) Improve Its Returns?4 weeks ago | Simply Wall St
Does Surteco Group SE's (ETR:SUR) CEO Salary Reflect Performance?Valuation
Is Surteco Group undervalued compared to its fair value and its price relative to the market?
23.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: SUR (€19.98) is trading below our estimate of fair value (€26.24)
Significantly Undervalued: SUR is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SUR is poor value based on its PE Ratio (19.1x) compared to the Consumer Durables industry average (16.9x).
PE vs Market: SUR is good value based on its PE Ratio (19.1x) compared to the German market (19.3x).
Price to Earnings Growth Ratio
Low PEG Ratio: SUR is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: SUR is good value based on its PB Ratio (0.9x) compared to the DE Consumer Durables industry average (1.6x).
Next Steps
Future Growth
How is Surteco Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
19.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SUR's forecast earnings growth (19.2% per year) is above the savings rate (0.2%).
Earnings vs Market: SUR's earnings (19.2% per year) are forecast to grow faster than the German market (12.6% per year).
High Growth Earnings: SUR's earnings are forecast to grow, but not significantly.
Revenue vs Market: SUR's revenue (0.5% per year) is forecast to grow slower than the German market (5% per year).
High Growth Revenue: SUR's revenue (0.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: SUR's Return on Equity is forecast to be low in 3 years time (8.2%).
Next Steps
Past Performance
How has Surteco Group performed over the past 5 years?
2.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SUR's earnings have grown by 2.1% per year over the past 5 years.
Accelerating Growth: SUR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SUR had negative earnings growth (-48.2%) over the past year, making it difficult to compare to the Consumer Durables industry average (-21.1%).
Return on Equity
High ROE: SUR's Return on Equity (4.6%) is considered low.
Return on Assets
ROA vs Industry: SUR's Return on Assets is below or equal to the Consumer Durables industry average last year.
Return on Capital Employed
ROCE Improving: SUR's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Surteco Group's financial position?
Financial Position Analysis
Short Term Liabilities: SUR's short term assets (€361.0M) exceeds its short term liabilities (€192.6M)
Long Term Liabilities: SUR's short term assets (361.0M) exceeds its long term liabilities (319.5M)
Debt to Equity History and Analysis
Debt Level: SUR's debt to equity ratio (88%) is considered high
Reducing Debt: SUR's debt to equity ratio has increased from 52.4% to 88% over the past 5 years.
Debt Coverage: SUR's debt is well covered by operating cash flow (25.4%).
Interest Coverage: SUR's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
Inventory Level: SUR has a high level of physical assets or inventory.
Debt Coverage by Assets: SUR's debt is covered by short term assets (assets are 1.147440x debt).
Next Steps
Dividend
What is Surteco Group's current dividend yield, its reliability and sustainability?
2.75%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: SUR's dividend (2.75%) is higher than the bottom 25% of dividend payers in the German market (1.46%).
High Dividend: SUR's dividend (2.75%) is low compared to the top 25% of dividend payers in the German market (3.8%).
Stable Dividend: SUR's dividend payments have been volatile in the past 10 years.
Growing Dividend: SUR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.6%), SUR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SUR's dividends in 3 years are forecast to be well covered by earnings (47.6% payout ratio).
Next Steps
Management
What is the CEO of Surteco Group's salary, the management and board of directors tenure and is there insider trading?
2.2yrs
Average board tenure
CEO
Wolfgang Moyses (55yo)
0yrs
Tenure
€31,000
Compensation
Mr. Wolfgang Moyses served as the Chief Executive Officer of Simona AG until August 15, 2019. Mr. Moyses served as the Chairman of the Management Board at Simona AG from September 30, 2011 to August 15, 20 ...
Board Age and Tenure
2.2yrs
Average Tenure
55yo
Average Age
Experienced Board: SUR'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
Wolfgang Moyses (55yo)
CEO & Chairman of Management Board
- Tenure: 0yrs
- Compensation: €31.00k
Andreas Riedl (50yo)
CFO & Member of the Board of Management
- Tenure: 0yrs
- Compensation: €530.00k
Board Members
Wolfgang Moyses (55yo)
CEO & Chairman of Management Board
- Tenure: 0yrs
- Compensation: €31.00k
Christa Linnemann
Honorary Chairwoman of the Supervisory Board
- Tenure: 15.3yrs
Jürgen Großmann
Chairman of Supervisory Board
- Tenure: 16.8yrs
- Compensation: €52.00k
Christoph Amberger (62yo)
Deputy Chairman of Supervisory Board
- Tenure: 0.8yrs
- Compensation: €22.00k
Thomas Stockhausen (49yo)
Member of Supervisory Board
- Tenure: 10.3yrs
- Compensation: €22.00k
Andreas Engelhardt
Deputy Chairman of Supervisory Board
- Tenure: 0.8yrs
- Compensation: €11.20k
Jens Krazeisen (40yo)
Member of Supervisory Board
- Tenure: 3.6yrs
- Compensation: €22.00k
Heinz-Dieter Stöckler (62yo)
Supervisory Board Member
- Tenure: 0.7yrs
Jörg Wissemann (55yo)
Member of Supervisory Board
- Tenure: 0.3yrs
Tobias Pott (43yo)
Member of Supervisory Board
- Tenure: 0.3yrs
Company Information
Surteco Group SE's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Surteco Group SE
- Ticker: SUR
- Exchange: XTRA
- Founded:
- Industry: Home Furnishings
- Sector: Consumer Durables
- Market Cap: €309.805m
- Shares outstanding: 15.51m
- Website: https://www.ir.surteco.de
Number of Employees
Location
- Surteco Group SE
- Johan-Viktor-Bausch-Strasse 2
- Buttenwiesen
- Bavaria
- 86647
- Germany
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SUR | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Oct 1999 |
| SUR | XTRA (XETRA Trading Platform) | Yes | Bearer Shares | DE | EUR | Oct 1999 |
| 0HHI | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | Oct 1999 |
| SURD | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Oct 1999 |
| SUR | SWX (SIX Swiss Exchange) | Yes | Bearer Shares | CH | CHF | Oct 1999 |
Biography
Surteco Group SE develops, produces, and sells coated surface materials based on paper and plastic worldwide. The company operates through two segments, Strategic Business Unit (SBU) Paper and SBU Plastics ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/18 20:51 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.