Surteco Group
Market Cap
€334.9m
Last Updated
2020/10/24 21:49 UTC
Data Sources
Company Financials +
Executive Summary
Surteco Group SE develops, produces, and sells coated surface materials based on paper and plastic in Germany, rest of Europe, and North and South America. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with moderate growth potential.
Share Price & News
How has Surteco Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SUR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.5%
SUR
1.0%
DE Consumer Durables
-1.9%
DE Market
1 Year Return
8.8%
SUR
20.9%
DE Consumer Durables
0.1%
DE Market
Return vs Industry: SUR underperformed the German Consumer Durables industry which returned 20.9% over the past year.
Return vs Market: SUR exceeded the German Market which returned 0.1% over the past year.
Shareholder returns
| SUR | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.5% | 1.0% | -1.9% |
| 30 Day | 1.9% | 0.9% | 0.4% |
| 90 Day | 8.0% | 12.7% | -0.5% |
| 1 Year | 8.8%8.8% | 23.2%20.9% | 3.3%0.1% |
| 3 Year | -9.6%-14.3% | -1.3%-8.3% | -0.2%-9.0% |
| 5 Year | 38.0%21.7% | 53.8%33.6% | 21.4%4.0% |
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
2 days ago | Simply Wall St
Estimating The Fair Value Of Surteco Group SE (ETR:SUR)2 weeks ago | Simply Wall St
What Kind Of Shareholders Hold The Majority In Surteco Group SE's (ETR:SUR) Shares?1 month ago | Simply Wall St
A Look At Surteco Group's (ETR:SUR) Share Price ReturnsValuation
Is Surteco Group undervalued compared to its fair value and its price relative to the market?
7.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SUR (€21.6) is trading below our estimate of fair value (€23.37)
Significantly Below Fair Value: 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 (51.9x) compared to the DE Consumer Durables industry average (36.4x).
PE vs Market: SUR is poor value based on its PE Ratio (51.9x) compared to the German market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: SUR is poor value based on its PEG Ratio (1.9x)
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 (1.5x).
Next Steps
Future Growth
How is Surteco Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
27.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SUR's forecast earnings growth (27.2% per year) is above the savings rate (0.2%).
Earnings vs Market: SUR's earnings (27.2% per year) are forecast to grow faster than the German market (26.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SUR's revenue (4.5% per year) is forecast to grow slower than the German market (6% per year).
High Growth Revenue: SUR's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SUR's Return on Equity is forecast to be low in 3 years time (6.8%).
Next Steps
Past Performance
How has Surteco Group performed over the past 5 years?
-4.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SUR has a large one-off loss of €6.7M impacting its June 30 2020 financial results.
Growing Profit Margin: SUR's current net profit margins (1%) are lower than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: SUR's earnings have declined by 4.9% 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 (-60.3%) over the past year, making it difficult to compare to the Consumer Durables industry average (-6%).
Return on Equity
High ROE: SUR's Return on Equity (1.9%) is considered low.
Next Steps
Financial Health
How is Surteco Group's financial position?
Financial Position Analysis
Short Term Liabilities: SUR's short term assets (€295.4M) exceed its short term liabilities (€145.1M).
Long Term Liabilities: SUR's short term assets (€295.4M) exceed its long term liabilities (€291.1M).
Debt to Equity History and Analysis
Debt Level: SUR's debt to equity ratio (74.9%) is considered high.
Reducing Debt: SUR's debt to equity ratio has increased from 50.4% to 74.9% over the past 5 years.
Debt Coverage: SUR's debt is well covered by operating cash flow (29.8%).
Interest Coverage: SUR's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Surteco Group current dividend yield, its reliability and sustainability?
2.55%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SUR's dividend (2.55%) is higher than the bottom 25% of dividend payers in the German market (1.25%).
High Dividend: SUR's dividend (2.55%) is low compared to the top 25% of dividend payers in the German market (3.77%).
Stability and Growth of Payments
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 high payout ratio (132.2%), SUR's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SUR's dividends in 3 years are forecast to be well covered by earnings (38.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average board tenure
CEO
Wolfgang Moyses (56 yo)
1
Tenure
€647,500
Compensation
Mr. Wolfgang Moyses has been Chairman of Management Board and Chief Executive Officer at Surteco Group SE since October 1, 2019. Mr. Moyses served as the Chief Executive Officer of Simona AG until August 1 ...
CEO Compensation Analysis
Compensation vs Market: Wolfgang's total compensation ($USD766.45K) is about average for companies of similar size in the German market ($USD1.04M).
Compensation vs Earnings: Wolfgang's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Honorary Chairwoman of the Supervisory Board | 16.33yrs | no data | no data | |
| Deputy Chairman of Supervisory Board | 1.75yrs | €27.00k | no data | |
| Member of Supervisory Board | no data | no data | no data | |
| Employee Representative Member of Supervisory Board | 11.33yrs | €18.00k | no data | |
| Chairman of Supervisory Board | no data | €34.00k | no data | |
| Employee Representative Member of Supervisory Board | 4.58yrs | €18.00k | no data | |
| Member of Supervisory Board | 1yr | €3.90k | no data | |
| Employee Representative Supervisory Board Member | 1.67yrs | €16.30k | no data | |
| Member of Supervisory Board | 1.33yrs | €15.70k | no data | |
| Second Deputy Chairman of Supervisory Board | 0.75yr | €15.70k | no data |
1.7yrs
Average Tenure
54.5yo
Average Age
Experienced Board: SUR's board of directors are not considered experienced ( 1.7 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
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: €334.924m
- Shares outstanding: 15.51m
- Website: https://www.surteco-group.com
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 in Germany, rest of Europe, and North and South America. The company operates through Strategic Business U ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/24 21:49 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.