BST:SHF

Stock Analysis Report

SNP Schneider-Neureither & Partner

Executive Summary

SNP Schneider-Neureither & Partner SE provides software-related consulting services worldwide.


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.

Share Price & News

How has SNP Schneider-Neureither & Partner's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SHF's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

15.4%

SHF

11.5%

DE IT

7.1%

DE Market


1 Year Return

n/a

SHF

-3.5%

DE IT

-17.5%

DE Market

Return vs Industry: Insufficient data to determine how SHF performed against the German IT industry.

Return vs Market: Insufficient data to determine how SHF performed against the German Market.


Shareholder returns

SHFIndustryMarket
7 Day15.4%11.5%7.1%
30 Day-28.7%-17.1%-20.0%
90 Day-11.3%-13.8%-26.1%
1 Yearn/a-2.8%-3.5%-15.0%-17.5%
3 Yearn/a69.6%64.5%-18.8%-25.8%
5 Yearn/a149.2%138.6%-17.9%-29.2%

Price Volatility Vs. Market

How volatile is SNP Schneider-Neureither & Partner's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is SNP Schneider-Neureither & Partner undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SHF (€42.05) is trading below our estimate of fair value (€130.54)

Significantly Below Fair Value: SHF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SHF is poor value based on its PE Ratio (133x) compared to the IT industry average (25.4x).

PE vs Market: SHF is poor value based on its PE Ratio (133x) compared to the German market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: SHF is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: SHF is overvalued based on its PB Ratio (4.1x) compared to the DE IT industry average (3.1x).


Next Steps

Future Growth

How is SNP Schneider-Neureither & Partner forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

47.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHF's forecast earnings growth (47.8% per year) is above the savings rate (-0.4%).

Earnings vs Market: SHF's earnings (47.8% per year) are forecast to grow faster than the German market (14.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SHF's revenue (11.9% per year) is forecast to grow faster than the German market (4.2% per year).

High Growth Revenue: SHF's revenue (11.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SHF's Return on Equity is forecast to be low in 3 years time (14.3%).


Next Steps

Past Performance

How has SNP Schneider-Neureither & Partner performed over the past 5 years?

-41.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SHF has a large one-off gain of €683.0K impacting its September 30 2019 financial results.

Growing Profit Margin: SHF became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SHF's earnings have declined by -41.4% per year over the past 5 years.

Accelerating Growth: SHF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SHF has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (2.5%).


Return on Equity

High ROE: SHF's Return on Equity (3.1%) is considered low.


Next Steps

Financial Health

How is SNP Schneider-Neureither & Partner's financial position?


Financial Position Analysis

Short Term Liabilities: SHF's short term assets (€64.0M) exceed its short term liabilities (€40.4M).

Long Term Liabilities: SHF's short term assets (€64.0M) exceed its long term liabilities (€49.1M).


Debt to Equity History and Analysis

Debt Level: SHF is debt free.

Reducing Debt: SHF has no debt compared to 5 years ago when its debt to equity ratio was 18%.

Debt Coverage: SHF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SHF has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: SHF has a low level of unsold assets or inventory.

Debt Coverage by Assets: SHF's debt is not covered by short term assets (assets are -3.9x debt).


Next Steps

Dividend

What is SNP Schneider-Neureither & Partner's current dividend yield, its reliability and sustainability?

1.53%

Forecast Dividend Yield


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: SHF is not paying a notable dividend for the German market.


Future Payout to Shareholders

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


Next Steps

Management

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

0.7yrs

Average management tenure


CEO

Andreas Schneider-Neureither (55yo)

2s

Tenure

€464,169

Compensation

Dr. Andreas Schneider-Neureither, Dipl.-Physiker serves as Chief Executive Officer and Managing Director at SNP Schneider-Neureither & Partner SE (formerly, SNP Schneider-Neureither & Partner AG) since Mar ...


CEO Compensation Analysis

Compensation vs Market: Andreas's total compensation ($USD514.66K) is below average for companies of similar size in the German market ($USD1.03M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Andreas Schneider-Neureither
Chairman2yrs€464.17kno data
Heiner Diefenbach
CFO & MD0.17yrno datano data
Michael Eberhardt
Chief Operating Officer0.67yrno datano data
Steele Arbeeny
Chief Technical Officerno datano datano data
Herbert Schuster
Chief Information Officer0.083yrno datano data
Marcel Wiskow
Head of Investor Relationsno datano datano data
Nicole Huber
Executive Vice President of Corporate Development0.17yrno datano data
Frank Hohenadel
Chief Human Resources Officer0.67yrno datano data
David Kenneson
Chief Revenue Officer2.17yrsno datano data
Achim Westermann
Managing Director of SNP Applications Emeano datano datano data

0.7yrs

Average Tenure

Experienced Management: SHF's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Andreas Schneider-Neureither
Chairman2yrs€464.17kno data
Klaus-Christian Kleinfeld
Deputy Chairman0.75yrno datano data
Gerhard Burkhardt
Director2.25yrs€28.39k0.11% 296.2k
Michael Drill
Deputy Chairman2.25yrs€31.93k0.27% 756.9k
Rainer Zinow
Director2.25yrs€28.16kno data
Karl Biesinger
Director0.75yrno datano data

2.3yrs

Average Tenure

58yo

Average Age

Experienced Board: SHF's board of directors are not considered experienced ( 2.3 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 been diluted in the past year, with total shares outstanding growing by 25.9%.


Top Shareholders

Company Information

SNP Schneider-Neureither & Partner SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SNP Schneider-Neureither & Partner SE
  • Ticker: SHF
  • Exchange: BST
  • Founded: 1994
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: €276.713m
  • Shares outstanding: 6.58m
  • Website: https://www.snpgroup.com

Number of Employees


Location

  • SNP Schneider-Neureither & Partner SE
  • Dossenheimer Landstrasse 100
  • Heidelberg
  • 69121
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SHFDB (Deutsche Boerse AG)YesCommon StockDEEURApr 2000
SHFXTRA (XETRA Trading Platform)YesCommon StockDEEURApr 2000
0NJBLSE (London Stock Exchange)YesCommon StockGBEURApr 2000
SNPX.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 2000
SHFBST (Boerse-Stuttgart)YesCommon StockDEEURApr 2000
SHFDBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURApr 2000
SHFETLX (Eurotlx)YesCommon StockITEURApr 2000

Biography

SNP Schneider-Neureither & Partner SE provides software-related consulting services worldwide. It operates in two segments, Software and Professional Services. The Software segment offers SNP Transformation Backbone, a software solution that supports enterprise resource planning (ERP) transformations; SNP System Scan, which is used to identify statistical and structural information; CrystalBridge, a graphical and interactive visualization solution for SAP systems; and SNP Interface Scanner, a solution that analyzes the interfaces between SAP systems and their surrounding IT landscapes. This segment also provides SNP Automated Testing software, which automates the regression tests of application data and customizing purposes; SNP Data Provisioning and Masking solution that is used for the migration and secure masking of productive ERP data for tests, training, and quality assurance; SAP Solution Manager, which supports the implementation, monitoring, and development of company’s ERP system landscape; and SNP Dragoman that automates and simplifies the translation process. The Professional Services segment offers consulting and training services in the areas of business landscape transformation and business landscape management; and SNP Academy, which provides training services for SNP Transformation Backbone, SNP Business Landscape Transformation, SNP Business Landscape Management, SNP Dragoman, and SAP Solution Manager. The company was founded in 1994 and is headquartered in Heidelberg, Germany. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/29 00:05
End of Day Share Price2020/03/27 00:00
Earnings2019/09/30
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.