DB:SSH

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Südwestdeutsche Salzwerke

Executive Summary

Südwestdeutsche Salzwerke AG mines, produces, and sells salt in Europe. More Details


Snowflake Analysis

Excellent balance sheet second-rate dividend payer.


Similar Companies

Share Price & News

How has Südwestdeutsche Salzwerke's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SSH has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

SSH

-5.4%

DE Food

-1.6%

DE Market


1 Year Return

1.5%

SSH

9.2%

DE Food

2.6%

DE Market

Return vs Industry: SSH underperformed the German Food industry which returned 10.6% over the past year.

Return vs Market: SSH underperformed the German Market which returned 3.9% over the past year.


Shareholder returns

SSHIndustryMarket
7 Day0%-5.4%-1.6%
30 Day1.5%-13.0%-0.9%
90 Day4.5%-5.9%-1.1%
1 Year3.9%1.5%10.9%9.2%5.8%2.6%
3 Year50.4%40.2%-6.9%-12.1%2.8%-6.2%
5 Year85.0%62.2%6.2%-3.3%23.8%6.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Südwestdeutsche Salzwerke undervalued compared to its fair value and its price relative to the market?

3.5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SSH (€69) is trading above our estimate of fair value (€33.28)

Significantly Below Fair Value: SSH is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SSH is unprofitable, so we can't compare its PE Ratio to the XE Food industry average.

PE vs Market: SSH is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SSH is overvalued based on its PB Ratio (3.5x) compared to the DE Food industry average (2.1x).


Next Steps

Future Growth

How is Südwestdeutsche Salzwerke forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.2%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Südwestdeutsche Salzwerke has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Südwestdeutsche Salzwerke performed over the past 5 years?

-21.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SSH is currently unprofitable.

Growing Profit Margin: SSH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SSH is unprofitable, and losses have increased over the past 5 years at a rate of 21.1% per year.

Accelerating Growth: Unable to compare SSH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SSH is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (5.6%).


Return on Equity

High ROE: SSH has a negative Return on Equity (-6.53%), as it is currently unprofitable.


Next Steps

Financial Health

How is Südwestdeutsche Salzwerke's financial position?


Financial Position Analysis

Short Term Liabilities: SSH's short term assets (€115.2M) exceed its short term liabilities (€31.8M).

Long Term Liabilities: SSH's short term assets (€115.2M) exceed its long term liabilities (€112.0M).


Debt to Equity History and Analysis

Debt Level: SSH's debt to equity ratio (0.3%) is considered satisfactory.

Reducing Debt: SSH's debt to equity ratio has reduced from 1.4% to 0.3% over the past 5 years.

Debt Coverage: SSH's debt is well covered by operating cash flow (4557.8%).

Interest Coverage: Insufficient data to determine if SSH's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Südwestdeutsche Salzwerke current dividend yield, its reliability and sustainability?

2.32%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SSH's dividend (2.32%) is higher than the bottom 25% of dividend payers in the German market (1.18%).

High Dividend: SSH's dividend (2.32%) is low compared to the top 25% of dividend payers in the German market (3.71%).


Stability and Growth of Payments

Stable Dividend: SSH's dividends per share have been stable in the past 10 years.

Growing Dividend: SSH's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: SSH is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average board tenure


CEO

Ulrich Fluck

4.75yrs

Tenure

€337,000

Compensation

Mr. Ulrich Fluck has been Chairman of the Management Board at Südwestdeutsche Salzwerke AG since January 01, 2016 and Member of the Management Board since September 01, 2014. Mr. Fluck also serves as Head ...


CEO Compensation Analysis

Compensation vs Market: Ulrich's total compensation ($USD396.98K) is below average for companies of similar size in the German market ($USD1.29M).

Compensation vs Earnings: Ulrich's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Helmfried Meinel
Member of Supervisory Board9.17yrs€485.00kno data
Andreas Klose
Member of Supervisory Board8.33yrs€600.00kno data
Rainer Schleyer
Member of Supervisory Board8.33yrs€390.00kno data
Harry Mergel
Chairman of Supervisory Board6.58yrs€855.00kno data
Andreas Pfnür
Member of the Supervisory Board3.42yrs€390.00kno data
Thomas Strobl
Deputy Chairman of Supervisory Board0.75yr€645.00kno data
Gisela Splett
Member of Supervisory Board3.92yrs€550.00kno data
Willi Stächele
Supervisory Board Member3.67yrs€180.00kno data
Harald Pfeifer
Member of the Supervisory Board0.92yr€74.50kno data
Thomas Randecker
Member of the Supervisory Board0.92yr€57.50kno data
Wolf Theilacker
Member of the Supervisory Board0.92yr€74.50kno data

3.7yrs

Average Tenure

Experienced Board: SSH's board of directors are considered experienced (3.7 years average tenure).


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

Südwestdeutsche Salzwerke AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Südwestdeutsche Salzwerke AG
  • Ticker: SSH
  • Exchange: DB
  • Founded:
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: €725.018m
  • Shares outstanding: 10.51m
  • Website: https://www.salzwerke.de

Number of Employees


Location

  • Südwestdeutsche Salzwerke AG
  • Salzgrund 67
  • Heilbronn
  • 74076
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SSHDB (Deutsche Boerse AG)YesShare CapitalDEEURJan 1992

Biography

Südwestdeutsche Salzwerke AG mines, produces, and sells salt in Europe. The company provides stone and evaporated salts for industrial users and private households, as well as to industry and winter servic ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 20:55
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.