DB:SKO

Stock Analysis Report

Seacor Holdings

Executive Summary

SEACOR Holdings Inc. engages in transportation and logistics, risk management consultancy, and other businesses in the United States and internationally.

Snowflake

Fundamentals

Excellent balance sheet with questionable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

6.0%

SKO

3.4%

DE Energy Services

4.1%

DE Market


1 Year Return

3.0%

SKO

-31.1%

DE Energy Services

2.4%

DE Market

Return vs Industry: SKO exceeded the German Energy Services industry which returned -31.1% over the past year.

Return vs Market: SKO exceeded the German Market which returned 2.4% over the past year.


Shareholder returns

SKOIndustryMarket
7 Day6.0%3.4%4.1%
30 Day-7.0%-10.1%1.7%
90 Day1.8%-10.7%3.7%
1 Year3.0%3.0%-29.4%-31.1%5.6%2.4%
3 Year-20.3%-20.3%-30.3%-43.1%19.2%8.9%
5 Year-30.3%-30.3%-61.8%-82.6%43.2%23.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

18.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: SKO (€42.4) is trading below our estimate of fair value (€51.72)

Significantly Undervalued: SKO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: SKO is poor value based on its PE Ratio (24.6x) compared to the Energy Services industry average (18x).

PE vs Market: SKO is poor value based on its PE Ratio (24.6x) compared to the German market (19.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate SKO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SKO is overvalued based on its PB Ratio (1.2x) compared to the XE Energy Services industry average (0.8x).


Next Steps

Future Growth

How is Seacor Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

13.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SKO's forecast earnings growth (13% per year) is above the savings rate (0.2%).

Earnings vs Market: SKO's earnings (13% per year) are forecast to grow faster than the German market (12.9% per year).

High Growth Earnings: SKO's earnings are forecast to grow, but not significantly.

Revenue vs Market: SKO's revenue (2.1% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: SKO's revenue (2.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if SKO's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Seacor Holdings performed over the past 5 years?

9.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SKO's earnings have grown by 9.1% per year over the past 5 years.

Accelerating Growth: SKO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SKO had negative earnings growth (-72.4%) over the past year, making it difficult to compare to the Energy Services industry average (38.4%).


Return on Equity

High ROE: SKO's Return on Equity (6.8%) is considered low.


Return on Assets

ROA vs Industry: SKO's Return on Assets is below or equal to the Energy Services industry average last year.


Return on Capital Employed

ROCE Improving: SKO has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Seacor Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: SKO's short term assets ($393.5M) exceeds its short term liabilities ($214.4M)

Long Term Liabilities: SKO's short term assets (393.5M) do not cover its long term liabilities (480.3M)


Debt to Equity History and Analysis

Debt Level: SKO's debt to equity ratio (34.4%) is considered satisfactory

Reducing Debt: SKO's debt to equity ratio has reduced from 53.8% to 34.4% over the past 5 years.

Debt Coverage: SKO's debt is well covered by operating cash flow (28.1%).

Interest Coverage: SKO's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet

Inventory Level: SKO has a high level of physical assets or inventory.

Debt Coverage by Assets: SKO's debt is covered by short term assets (assets are 1.258330x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage4.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of Seacor Holdings's salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average management tenure


CEO

Charles Fabrikant (74yo)

4.7yrs

Tenure

US$4,412,521

Compensation

Mr. Charles L. Fabrikant is Founder of SEACOR Holdings Inc. Mr. Fabrikant has been the Chief Executive Officer and President of SEACOR Holdings Inc. since February 23, 2015 and served as Chief Operating Of ...


CEO Compensation Analysis

Compensation vs. Market: Charles's total compensation ($USD4.41M) is about average for companies of similar size in the German market ($USD1.17M).

Compensation vs Earnings: Charles's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.5yrs

Average Tenure

53yo

Average Age

Experienced Management: SKO's management team is considered experienced (3.5 years average tenure).


Board Age and Tenure

4.7yrs

Average Tenure

68yo

Average Age

Experienced Board: SKO's board of directors are considered experienced (4.7 years average tenure).


Insider Trading

Insider Buying: SKO insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$223,94013 Sep 19
Bruce Weins
EntityIndividual
Role
Chief Financial Officer
Senior VP & CFO
Shares5,000
Max PriceUS$44.79
SellUS$1,101,51008 Nov 18
Charles Fabrikant
EntityIndividual
Role
Chief Executive Officer
Executive Chairman of the Board
Shares25,000
Max PriceUS$44.06

Ownership Breakdown


Management Team

  • Charles Fabrikant (74yo)

    Executive Chairman of the Board

    • Tenure: 4.7yrs
    • Compensation: US$4.41m
  • Bill Long (53yo)

    Executive VP

    • Tenure: 3.5yrs
    • Compensation: US$1.13m
  • Tim Whipple (56yo)

    Chief Executive Officer of Witt O’Brien’s

    • Tenure: 3.8yrs
  • Daniel Thorogood

    President of Ocean Transportation & Logistics Services

    • Tenure: 0yrs
  • Eric Fabrikant (38yo)

    Chief Operating Officer

    • Tenure: 2.3yrs
    • Compensation: US$2.75m
  • Bruce Weins (51yo)

    Senior VP & CFO

    • Tenure: 2.3yrs
    • Compensation: US$941.14k
  • Lisa Manekin

    Treasurer

    • Tenure: 3.7yrs
  • Scott Weber

    Senior Vice President of Corporate Development & Finance

    • Tenure: 2.3yrs
  • Timothy Power

    President of SCF Marine Inc

    • Tenure: 0yrs

Board Members

  • Charles Fabrikant (74yo)

    Executive Chairman of the Board

    • Tenure: 4.7yrs
    • Compensation: US$4.41m
  • Øivind Lorentzen (68yo)

    Non-Executive Vice Chairman

    • Tenure: 4.7yrs
    • Compensation: US$149.78k
  • David Berz (71yo)

    Lead Independent Director

    • Tenure: 2.3yrs
    • Compensation: US$163.78k
  • David Schizer (50yo)

    Independent Director

    • Tenure: 4.9yrs
    • Compensation: US$167.78k
  • Chris Papouras (51yo)

    Independent Director

    • Tenure: 1.6yrs
    • Compensation: US$123.78k

Company Information

Seacor Holdings Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Seacor Holdings Inc.
  • Ticker: SKO
  • Exchange: DB
  • Founded: 1989
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: US$1.003b
  • Listing Market Cap: US$906.943m
  • Shares outstanding: 21.55m
  • Website: https://www.seacorholdings.com

Number of Employees


Location

  • Seacor Holdings Inc.
  • 2200 Eller Drive
  • PO Box 13038
  • Fort Lauderdale
  • Florida
  • 33316
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CKHNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 1992
SKODB (Deutsche Boerse AG)YesCommon StockDEEURDec 1992

Biography

SEACOR Holdings Inc. engages in transportation and logistics, risk management consultancy, and other businesses in the United States and internationally. The company operates through Ocean Transportation & ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/16 21:12
End of Day Share Price2019/10/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.