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Sligro Food Group

DB:8SF
Snowflake Description

Excellent balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8SF
DB
€1B
Market Cap
  1. Home
  2. DE
  3. Consumer Retailing
Company description

Sligro Food Group N.V. engages in the foodservice businesses in the Netherlands and Belgium. The last earnings update was 74 days ago. More info.


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8SF Share Price and Events
7 Day Returns
-0.8%
DB:8SF
0.3%
Europe Consumer Retailing
1.8%
DE Market
1 Year Returns
-26.5%
DB:8SF
1.5%
Europe Consumer Retailing
-6%
DE Market
8SF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sligro Food Group (8SF) -0.8% -3.7% -7.2% -26.5% -9.1% 2.5%
Europe Consumer Retailing 0.3% -0.3% 2.2% 1.5% -4.6% -7.6%
DE Market 1.8% 4.2% 7.4% -6% 10.1% 15.4%
1 Year Return vs Industry and Market
  • 8SF underperformed the Consumer Retailing industry which returned 1.5% over the past year.
  • 8SF underperformed the Market in Germany which returned -6% over the past year.
Price Volatility
8SF
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Sligro Food Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sligro Food Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sligro Food Group.

DB:8SF Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:8SF
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Consumer Retailing Unlevered Beta Simply Wall St/ S&P Global 0.47
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.465 (1 + (1- 25%) (14.27%))
0.675
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 5.96%)
5%

Discounted Cash Flow Calculation for DB:8SF using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Sligro Food Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:8SF DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 5%)
2019 60.00 Analyst x1 57.15
2020 89.00 Analyst x1 80.73
2021 125.00 Analyst x1 107.99
2022 154.54 Est @ 23.64% 127.16
2023 180.22 Est @ 16.61% 141.23
2024 201.30 Est @ 11.7% 150.25
2025 217.92 Est @ 8.26% 154.91
2026 230.67 Est @ 5.85% 156.17
2027 240.27 Est @ 4.16% 154.93
2028 247.43 Est @ 2.98% 151.96
Present value of next 10 years cash flows €1,282.49
DB:8SF DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €247.43 × (1 + 0.23%) ÷ (5% – 0.23%)
€5,201.23
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €5,201.23 ÷ (1 + 5%)10
€3,194.32
DB:8SF Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €1,282.49 + €3,194.32
€4,476.81
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €4,476.81 / 44.14
€101.41
DB:8SF Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:8SF represents 0.99212x of ENXTAM:SLIGR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99212x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 101.41 x 0.99212
€100.62
Value per share (EUR) From above. €100.62
Current discount Discount to share price of €31.50
= -1 x (€31.50 - €100.62) / €100.62
68.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Sligro Food Group is available for.
Intrinsic value
>50%
Share price is €31.5 vs Future cash flow value of €100.62
Current Discount Checks
For Sligro Food Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sligro Food Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Sligro Food Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sligro Food Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sligro Food Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:8SF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-29) in EUR €1.04
ENXTAM:SLIGR Share Price ** ENXTAM (2019-04-18) in EUR €31.75
Europe Consumer Retailing Industry PE Ratio Median Figure of 32 Publicly-Listed Consumer Retailing Companies 19.38x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sligro Food Group.

DB:8SF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTAM:SLIGR Share Price ÷ EPS (both in EUR)

= 31.75 ÷ 1.04

30.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sligro Food Group is overvalued based on earnings compared to the Europe Consumer Retailing industry average.
  • Sligro Food Group is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Sligro Food Group's expected growth come at a high price?
Raw Data
DB:8SF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 30.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
22.3%per year
Europe Consumer Retailing Industry PEG Ratio Median Figure of 24 Publicly-Listed Consumer Retailing Companies 1.71x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

DB:8SF PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 30.44x ÷ 22.3%

1.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sligro Food Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Sligro Food Group's assets?
Raw Data
DB:8SF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-29) in EUR €12.16
ENXTAM:SLIGR Share Price * ENXTAM (2019-04-18) in EUR €31.75
Europe Consumer Retailing Industry PB Ratio Median Figure of 41 Publicly-Listed Consumer Retailing Companies 1.58x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.84x
DB:8SF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTAM:SLIGR Share Price ÷ Book Value per Share (both in EUR)

= 31.75 ÷ 12.16

2.61x

* Primary Listing of Sligro Food Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sligro Food Group is overvalued based on assets compared to the Europe Consumer Retailing industry average.
X
Value checks
We assess Sligro Food Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Retailing industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Retailing industry average (and greater than 0)? (1 check)
  5. Sligro Food Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Sligro Food Group expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
22.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sligro Food Group expected to grow at an attractive rate?
  • Sligro Food Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Sligro Food Group's earnings growth is expected to exceed the Germany market average.
  • Sligro Food Group's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:8SF Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:8SF Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 22.3%
DB:8SF Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 2.7%
Europe Consumer Retailing Industry Earnings Growth Rate Market Cap Weighted Average 12%
Europe Consumer Retailing Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:8SF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:8SF Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 2,691 1
2022-12-31 2,626 1
2021-12-31 2,596 180 96 2
2020-12-31 2,527 167 85 2
2019-12-31 2,449 141 69 2
2018-12-31 2,325 130 269 2
DB:8SF Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-29 2,346 45 46
2018-09-29 2,300 104 61
2018-06-30 2,254 162 75
2018-03-31 2,198 167 76
2017-12-30 2,142 172 76
2017-09-30 2,932 163 77
2017-07-01 1,650 154 67
2017-04-01 1,818 154 68
2016-12-31 1,986 153 69
2016-09-30 2,782 151 77
2016-07-02 2,751 149 80
2016-04-02 2,711 145 81
2016-01-02 1,829 140 71

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sligro Food Group's earnings are expected to grow significantly at over 20% yearly.
  • Sligro Food Group's revenue is expected to grow by 2.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:8SF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Sligro Food Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8SF Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 2.18 2.32 2.04 2.00
2020-12-31 1.93 1.98 1.88 2.00
2019-12-31 1.57 1.58 1.55 2.00
2018-12-31 6.11 6.14 6.07 2.00
DB:8SF Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-29 1.04
2018-09-29 1.37
2018-06-30 1.70
2018-03-31 1.72
2017-12-30 1.73
2017-09-30 1.73
2017-07-01 1.50
2017-04-01 1.54
2016-12-31 1.58
2016-09-30 1.75
2016-07-02 1.85
2016-04-02 1.85
2016-01-02 1.61

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Sligro Food Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Sligro Food Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sligro Food Group has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Sligro Food Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sligro Food Group's growth in the last year to its industry (Consumer Retailing).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sligro Food Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Sligro Food Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Sligro Food Group's 1-year earnings growth is negative, it can't be compared to the Europe Consumer Retailing industry average.
Earnings and Revenue History
Sligro Food Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sligro Food Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8SF Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-29 2,346.00 46.00 464.00
2018-09-29 2,300.00 60.50 432.50
2018-06-30 2,254.00 75.00 401.00
2018-03-31 2,198.00 75.50 380.00
2017-12-30 2,142.00 76.00 359.00
2017-09-30 2,931.50 77.00 527.00
2017-07-01 1,650.00 67.00 250.00
2017-04-01 1,818.00 68.00 285.50
2016-12-31 1,986.00 69.00 321.00
2016-09-30 2,782.00 76.50 487.00
2016-07-02 2,751.00 80.00 481.00
2016-04-02 2,710.50 80.50 471.50
2016-01-02 1,829.00 71.00 291.00
2015-10-02 2,628.00 76.00 461.00
2015-06-27 2,586.00 71.00 452.00
2015-03-27 2,579.00 70.00 452.00
2014-12-27 2,572.00 69.00 456.00
2014-09-27 2,550.64 68.91 447.33
2014-06-28 2,529.27 68.83 442.65
2014-03-28 2,513.64 68.41 441.33
2013-12-28 2,498.00 68.00 440.00
2013-09-28 2,492.68 69.01 436.78
2013-06-29 2,486.13 69.17 434.23
2013-03-29 2,476.75 68.87 426.29
2012-12-29 2,468.00 69.00 418.00
2012-09-29 2,456.44 69.34 414.44
2012-06-30 2,445.49 70.09 410.54

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sligro Food Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sligro Food Group used its assets less efficiently than the Europe Consumer Retailing industry average last year based on Return on Assets.
  • Sligro Food Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sligro Food Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Retailing industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sligro Food Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Sligro Food Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sligro Food Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sligro Food Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sligro Food Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sligro Food Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sligro Food Group Company Filings, last reported 3 months ago.

DB:8SF Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-29 537.00 200.00 33.00
2018-09-29 537.00 200.00 33.00
2018-06-30 647.00 209.00 24.00
2018-03-31 647.00 209.00 24.00
2017-12-30 651.00 207.00 58.00
2017-09-30 651.00 207.00 58.00
2017-07-01 621.00 171.00 35.00
2017-04-01 621.00 171.00 35.00
2016-12-31 627.00 174.00 92.00
2016-09-30 627.00 174.00 92.00
2016-07-02 603.00 168.00 59.00
2016-04-02 603.00 168.00 59.00
2016-01-02 606.00 138.00 94.00
2015-10-02 606.00 138.00 94.00
2015-06-27 573.00 134.00 57.00
2015-03-27 573.00 134.00 57.00
2014-12-27 570.00 124.00 74.00
2014-09-27 570.00 124.00 74.00
2014-06-28 545.36 174.54 62.15
2014-03-28 545.36 174.54 62.15
2013-12-28 571.00 172.00 135.00
2013-09-28 571.00 172.00 135.00
2013-06-29 530.08 176.10 55.30
2013-03-29 530.08 176.10 55.30
2012-12-29 555.00 175.00 102.00
2012-09-29 554.51 174.79 101.65
2012-06-30 515.35 177.34 31.38
  • Sligro Food Group's level of debt (37.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (30.2% vs 37.2% today).
  • Debt is well covered by operating cash flow (22.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 11x coverage).
X
Financial health checks
We assess Sligro Food Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sligro Food Group has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Sligro Food Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.41%
Current annual income from Sligro Food Group dividends. Estimated to be 4.81% next year.
If you bought €2,000 of Sligro Food Group shares you are expected to receive €88 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Sligro Food Group's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Sligro Food Group's dividend is above the markets top 25% of dividend payers in Germany (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:8SF Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Europe Consumer Retailing Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 3.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:8SF Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.61 2.00
2020-12-31 1.54 2.00
2019-12-31 1.47 3.00
2018-12-31 9.05 2.00
DB:8SF Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-05 1.400 4.328
2019-01-24 1.400 4.186
2018-07-19 1.450 3.970
2018-02-02 1.400 3.211
2018-01-25 1.400 3.295
2017-07-20 1.350 3.464
2017-02-03 1.300 3.503
2017-01-26 1.300 3.859
2016-02-08 1.300 3.860
2016-01-21 1.300 3.933
2015-07-16 1.100 3.249
2015-01-30 1.100 3.122
2015-01-22 1.100 3.299
2014-07-17 0.800 2.647
2014-02-03 1.050 3.479
2014-01-23 1.050 3.599
2013-01-24 1.050 3.934
2012-01-26 0.850 4.041
2011-02-09 0.700 2.970
2011-01-27 0.700 2.861
2010-02-12 0.000 0.000
2009-04-21 0.633 3.153

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Sligro Food Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
X
Income/ dividend checks
We assess Sligro Food Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sligro Food Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sligro Food Group has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Sligro Food Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Koen Slippens
COMPENSATION €734,000
AGE 51
TENURE AS CEO 10.6 years
CEO Bio

Mr. Koen M. Slippens has been the Chairman of the Executive Board at Sligro Food Group NV. since September 21, 2008 and serves as Chief Executive Officer. Mr. Slippens serves as a Member of Executive Board at Sligro Food Group NV and its subsidiary, Sligro Food Group Nederland B V. Mr. Slippens serves as a Member of the Executive Board of Sligro Beheer N.V. He serves as Chief Executive Officer of Sligro Food Group NV. He serves as an Executive Officer of Sligro Food Group Nederland. He serves as a Director of Sligro Food Group Nederland B.V.

CEO Compensation
  • Koen's compensation has been consistent with company performance over the past year.
  • Koen's remuneration is lower than average for companies of similar size in Germany.
Management Team

Koen Slippens

TITLE
CEO & Chairman of the Executive Board
COMPENSATION
€734K
AGE
51
TENURE
10.6 yrs

R. W. A. van der Sluijs

TITLE
CFO & Member of Executive Board
COMPENSATION
€603K
AGE
42
TENURE
4.1 yrs

J. van Heereveld

TITLE
Head of Accounting

P. van der Veen

TITLE
Manager of Information & Technology Office

G. J. C. van der Veeken

TITLE
Company Secretary & Compliance Officer
AGE
57

W. Jansen

TITLE
Head of Internal & External Communication

G. Schneemann

TITLE
Marketing Director
AGE
45

A. Verlouw

TITLE
Head of Building Works

A. de Rooij

TITLE
Head of Purchasing & Product Range Management - Fresh Produce

A. Aalders

TITLE
Head of Purchase Planning Department
Board of Directors Tenure

Average tenure and age of the Sligro Food Group board of directors in years:

3.3
Average Tenure
59
Average Age
  • The tenure for the Sligro Food Group board of directors is about average.
Board of Directors

Freek Rijna

TITLE
Chairman of the Supervisory Board
AGE
63
TENURE
2.3 yrs

Bart Karis

TITLE
Member of the Supervisory Board
AGE
60
TENURE
7.3 yrs

Jans Kamps

TITLE
Member of the Supervisory Board
AGE
59
TENURE
4.3 yrs

Marianne E. van Leeuwen

TITLE
Member of the Supervisory Board
AGE
57
TENURE
3.3 yrs

Gert Van de Weerdhof

TITLE
Member of the Supervisory Board
AGE
52
TENURE
2.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Sligro Food Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sligro Food Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Sligro Food Group N.V. engages in the foodservice businesses in the Netherlands and Belgium. The company offers approximately 75,000 food and food-related non-food items; and services in the food and beverages wholesale market. It operates a network of 50 cash-and-carry and 8 delivery service outlets to serve hospitality establishments, leisure facilities, volume users, company and other caterers, forecourt retailers, small and medium-sized enterprises, retail businesses, and institutional market; and 13 Heineken wholesale sites that provide draught beers, as well as serves institutional market under the Van Hoeckel name and other markets under the Sligro name in the Netherlands. It also serves institutional, company catering, and hotel chain segments under the JAVA Foodservice name; catering sector and professionals in gastronomy under the ISPC name; and hospitality markets under the Sligro-ISPC name through a network of 2 cash-and-carry outlets, 1 delivery service and collection site, and 1 delivery-service outlet, as well as delivery from the Netherlands in Belgium. In addition, the company produces convenience products, fresh fish, crustaceans and shellfish, patisseries, and home caterer products; meat, game and poultry, fruits and vegetables, and bread and bakery products; and Christmas gifts. Further, it is involved in the professional kitchens activity. The company also sells its products through an online platform. Sligro Food Group N.V. was founded in 1935 and is headquartered in Veghel, the Netherlands.

Details
Name: Sligro Food Group N.V.
8SF
Exchange: DB
Founded: 1935
€1,401,559,776
44,143,615
Website: http://www.sligrofoodgroup.nl
Address: Sligro Food Group N.V.
Corridor 11,
Veghel,
Noord-Brabant, 5460 AA,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTAM SLIGR Ordinary Shares Euronext Amsterdam NL EUR 26. Apr 1995
DB 8SF Ordinary Shares Deutsche Boerse AG DE EUR 26. Apr 1995
LSE 0MKM Ordinary Shares London Stock Exchange GB EUR 26. Apr 1995
BATS-CHIXE SLIGRA Ordinary Shares BATS 'Chi-X Europe' GB EUR 26. Apr 1995
Number of employees
Current staff
Staff numbers
4,056
Sligro Food Group employees.
Industry
Food Distributors
Consumer Retailing
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 21:14
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/19
Last earnings filing: 2019/02/05
Last earnings reported: 2018/12/29
Last annual earnings reported: 2018/12/29


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.