Sligro Food Group N.V. engages in the foodservice businesses in the Netherlands and Belgium.
Good value with mediocre balance sheet.
Share Price & News
How has Sligro Food Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8SF's share price has been volatile over the past 3 months.
7 Day Return
DE Consumer Retailing
1 Year Return
DE Consumer Retailing
Return vs Industry: 8SF underperformed the German Consumer Retailing industry which returned -9.2% over the past year.
Return vs Market: 8SF underperformed the German Market which returned -20.6% over the past year.
Price Volatility Vs. Market
How volatile is Sligro Food Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Sligro Food Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 8SF (€13.08) is trading below our estimate of fair value (€30.68)
Significantly Below Fair Value: 8SF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8SF is good value based on its PE Ratio (16.9x) compared to the Consumer Retailing industry average (18.1x).
PE vs Market: 8SF is poor value based on its PE Ratio (16.9x) compared to the German market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: 8SF is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 8SF is good value based on its PB Ratio (1.2x) compared to the XE Consumer Retailing industry average (1.3x).
How is Sligro Food Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 8SF's forecast earnings growth (16.8% per year) is above the savings rate (-0.4%).
Earnings vs Market: 8SF's earnings (16.8% per year) are forecast to grow faster than the German market (14.2% per year).
High Growth Earnings: 8SF's earnings are forecast to grow, but not significantly.
Revenue vs Market: 8SF's revenue (2.7% per year) is forecast to grow slower than the German market (4% per year).
High Growth Revenue: 8SF's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 8SF's Return on Equity is forecast to be low in 3 years time (13.8%).
How has Sligro Food Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8SF has high quality earnings.
Growing Profit Margin: 8SF's current net profit margins (1.4%) are lower than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: 8SF's earnings have declined by -10.5% per year over the past 5 years.
Accelerating Growth: 8SF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 8SF had negative earnings growth (-26.3%) over the past year, making it difficult to compare to the Consumer Retailing industry average (2.2%).
Return on Equity
High ROE: 8SF's Return on Equity (6.8%) is considered low.
How is Sligro Food Group's financial position?
Financial Position Analysis
Short Term Liabilities: 8SF's short term assets (€526.0M) do not cover its short term liabilities (€593.0M).
Long Term Liabilities: 8SF's short term assets (€526.0M) exceed its long term liabilities (€362.0M).
Debt to Equity History and Analysis
Debt Level: 8SF's debt to equity ratio (52.6%) is considered high.
Reducing Debt: 8SF's debt to equity ratio has increased from 21.8% to 52.6% over the past 5 years.
Debt Coverage: 8SF's debt is well covered by operating cash flow (50.2%).
Interest Coverage: 8SF's interest payments on its debt are well covered by EBIT (6x coverage).
Inventory Level: 8SF has a high level of physical assets or inventory.
Debt Coverage by Assets: 8SF's debt is covered by short term assets (assets are 2x debt).
What is Sligro Food Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8SF's dividend (10.74%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: 8SF's dividend (10.74%) is in the top 25% of dividend payers in the German market (4.85%)
Stability and Growth of Payments
Stable Dividend: 8SF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 8SF's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (181.7%), 8SF's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 8SF's dividends in 3 years are not forecast to be well covered by earnings (92.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Koen Slippens (52yo)
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 ...
CEO Compensation Analysis
Compensation vs Market: Koen's total compensation ($USD897.62K) is below average for companies of similar size in the German market ($USD1.33M).
Compensation vs Earnings: Koen's compensation has been consistent with company performance over the past year.
|CEO & Chairman of the Executive Board||11.58yrs||€832.00k||0.24% €1.4m|
|CFO & Member of Executive Board||5.08yrs||€685.00k||0.022% €129.4k|
|Head of Accounting||no data||no data||no data|
|Manager of Information & Technology Office||no data||no data||no data|
|Chief Information Officer||1.25yrs||no data||no data|
|Company Secretary & Compliance Officer||no data||no data||no data|
|Head of Internal & External Communication||no data||no data||no data|
|Marketing Director||no data||no data||no data|
|Chief Human Resource Officer||1.08yrs||no data||no data|
|Head of Building Works||no data||no data||no data|
Experienced Management: 8SF's management team is considered experienced (3.2 years average tenure).
|Chairman of the Supervisory Board||3.25yrs||no data||no data|
|Member of the Supervisory Board||5.25yrs||no data||no data|
|Member of the Supervisory Board||3.08yrs||no data||no data|
|Member of the Supervisory Board||4.25yrs||no data||no data|
Experienced Board: 8SF's board of directors are considered experienced (3.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sligro Food Group N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Sligro Food Group N.V.
- Ticker: 8SF
- Exchange: DB
- Founded: 1935
- Industry: Food Distributors
- Sector: Consumer Retailing
- Market Cap: €575.174m
- Shares outstanding: 44.11m
- Website: https://www.sligrofoodgroup.nl
Number of Employees
- Sligro Food Group N.V.
- Corridor 11
- 5466 RB
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SLIGR||ENXTAM (Euronext Amsterdam)||Yes||Ordinary Shares||NL||EUR||Apr 1995|
|0MKM||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Apr 1995|
|8SF||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Apr 1995|
|SLIGRA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Apr 1995|
Sligro Food Group N.V. engages in the foodservice businesses in the Netherlands and Belgium. The company offers a range of food and food-related non-food products; and services in the food and beverages wholesale market. It operates a network of 51 cash-and-carry and 9 delivery service sites to serve hospitality industry, leisure facilities, caterers, large-volume users, company restaurants, petrol stations, small and medium-sized enterprises, small retail businesses, and the institutional markets under the Sligro, De Kweker, and Van Hoeckel brand names; and 9 distribution centers for Heineken in the Netherlands. It also serves institutional, corporate catering, and hotel chain segments under the JAVA Foodservice name through one delivery service site; and hospitality industry and culinary professionals under the ISPC name through a network of two cash-and-carry and delivery service sites, as well as operates one wholesale formula outlet under the Sligro-ISPC name. In addition, the company produces convenience products, fresh fish, and crustaceans and shellfish products; meat, game and poultry, fruits and vegetables, and bread and pastries; and Christmas gifts. Further, it is involved in the advice, design, furnishing, delivery, and maintenance of professional kitchen design, equipment, and refrigeration technology. 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 01:57|
|End of Day Share Price||2020/04/03 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.