Softing
Softing AG develops software, hardware, and system solutions worldwide. The last earnings update was 23 days ago. More info.
Add to Portfolio Compare Print
SYT Share Price and Events
7 Day Returns
1 Year Returns
SYT Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Softing (SYT) | 18% | 4% | -3% | -9.7% | -42.2% | -48.4% |
| DE Electronic | 1.6% | 7% | 19.8% | -0.2% | 98.5% | 105% |
| DE Market | 1.8% | 4.6% | 7.4% | -6% | 10.1% | 15.3% |
1 Year Return vs Industry and Market
- SYT underperformed the Electronic industry which returned -0.2% over the past year.
- SYT underperformed the Market in Germany which returned -6% over the past year.
SYT Value
Is Softing 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
Softing
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Softing.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 1 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 6.8% |
| 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.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year DE Govt Bond Rate | 0.2% |
| Equity Risk Premium | S&P Global | 6% |
| Electronic Unlevered Beta | Simply Wall St/ S&P Global | 1.07 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.067 (1 + (1- 30%) (13.01%)) |
1.11 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.11 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.11 * 5.96%) |
6.85% |
Discounted Cash Flow Calculation for XTRA:SYT using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Softing 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.
| Levered FCF (EUR, Millions) | Source |
Present Value Discounted (@ 6.85%) |
|
|---|---|---|---|
| 2019 | 3.10 | Analyst x1 | 2.90 |
| 2020 | 1.20 | Analyst x1 | 1.05 |
| 2021 | 2.70 | Analyst x1 | 2.21 |
| 2022 | 2.52 | Est @ -6.64% | 1.93 |
| 2023 | 2.41 | Est @ -4.58% | 1.73 |
| 2024 | 2.33 | Est @ -3.14% | 1.57 |
| 2025 | 2.28 | Est @ -2.13% | 1.43 |
| 2026 | 2.25 | Est @ -1.42% | 1.32 |
| 2027 | 2.23 | Est @ -0.93% | 1.23 |
| 2028 | 2.21 | Est @ -0.58% | 1.14 |
| Present value of next 10 years cash flows | €16.52 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= €2.21 × (1 + 0.23%) ÷ (6.85% – 0.23%) |
€33.53 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= €33.53 ÷ (1 + 6.85%)10 |
€17.29 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= €16.52 + €17.29 |
€33.81 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €33.81 / 9.11 |
€3.71 |
| Calculation | Result | |
|---|---|---|
| Value per share (EUR) | From above. | €3.71 |
| Current discount | Discount to share price of
€7.86
= -1 x (€7.86 - €3.71) / €3.71 |
-111.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Softing is above its future cash flow value.
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 Softing's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Softing's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in EUR | €0.38 |
| XTRA:SYT Share Price ** | XTRA (2019-04-18) in EUR | €7.86 |
| Germany Electronic Industry PE Ratio | Median Figure of 13 Publicly-Listed Electronic Companies | 23.37x |
| Germany Market PE Ratio | Median Figure of 424 Publicly-Listed Companies | 19.59x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Softing.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = XTRA:SYT Share Price ÷ EPS (both in EUR) = 7.86 ÷ 0.38 |
20.6x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Softing is good value based on earnings compared to the DE Electronic industry average.
- Softing is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does
Softing's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 20.6x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
10.9%per year |
| Germany Electronic Industry PEG Ratio | Median Figure of 12 Publicly-Listed Electronic Companies | 2.1x |
| Germany Market PEG Ratio | Median Figure of 270 Publicly-Listed Companies | 1.56x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 20.6x ÷ 10.9% |
1.89x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Softing is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Softing's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in EUR | €7.38 |
| XTRA:SYT Share Price * | XTRA (2019-04-18) in EUR | €7.86 |
| Germany Electronic Industry PB Ratio | Median Figure of 19 Publicly-Listed Electronic Companies | 2.57x |
| Germany Market PB Ratio | Median Figure of 574 Publicly-Listed Companies | 1.84x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = XTRA:SYT Share Price ÷ Book Value per Share (both in EUR) = 7.86 ÷ 7.38 |
1.07x |
* Primary Listing of Softing.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Softing is good value based on assets compared to the DE Electronic industry average.
Value checks
We assess Softing's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check) Softing 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.
SYT Future Performance
How is Softing expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
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!
Earnings growth vs Low Risk Savings
- Softing's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
- Softing's earnings growth is positive but not above the Germany market average.
- Softing's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| XTRA:SYT Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | 10.9% |
| XTRA:SYT Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | 2.6% |
| Germany Electronic Industry Earnings Growth Rate | Market Cap Weighted Average | 12.5% |
| Germany Electronic Industry Revenue Growth Rate | Market Cap Weighted Average | 7.8% |
| Germany Market Earnings Growth Rate | Market Cap Weighted Average | 11.6% |
| 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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 100 | 5 | 1 | |
| 2022-12-31 | 96 | 5 | 1 | |
| 2021-12-31 | 93 | 10 | 5 | 1 |
| 2020-12-31 | 89 | 9 | 3 | 1 |
| 2019-12-31 | 86 | 11 | 3 | 1 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 90 | 9 | 3 |
| 2018-09-30 | 86 | 7 | 2 |
| 2018-06-30 | 84 | 6 | 1 |
| 2018-03-31 | 84 | 5 | 1 |
| 2017-12-31 | 83 | 4 | 1 |
| 2017-09-30 | 85 | 7 | 4 |
| 2017-06-30 | 86 | 9 | 5 |
| 2017-03-31 | 86 | 9 | 6 |
| 2016-12-31 | 85 | 10 | 6 |
| 2016-09-30 | 87 | 9 | 4 |
| 2016-06-30 | 87 | 10 | 4 |
| 2016-03-31 | 87 | 7 | 4 |
*GAAP earnings excluding extraordinary items.
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 1 Analyst Estimates (S&P Global) | See Below |
All data from Softing Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | 0.50 | 0.50 | 0.50 | 1.00 |
| 2020-12-31 | 0.34 | 0.34 | 0.34 | 1.00 |
| 2019-12-31 | 0.31 | 0.31 | 0.31 | 1.00 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.38 |
| 2018-09-30 | 0.29 |
| 2018-06-30 | 0.14 |
| 2018-03-31 | 0.12 |
| 2017-12-31 | 0.10 |
| 2017-09-30 | 0.61 |
| 2017-06-30 | 0.78 |
| 2017-03-31 | 0.80 |
| 2016-12-31 | 0.82 |
| 2016-09-30 | 0.57 |
| 2016-06-30 | 0.63 |
| 2016-03-31 | 0.60 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Softing's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Softing has a total score of 1/6, 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.
SYT Past Performance
How has Softing 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
Past Earnings growth analysis
- Softing's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- Softing's 1-year earnings growth exceeds its 5-year average (351.1% vs -9%)
- Softing's earnings growth has exceeded the DE Electronic industry average in the past year (351.1% vs 18.1%).
Earnings and Revenue History
All data from Softing Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 89.76 | 3.35 | ||
| 2018-09-30 | 85.55 | 2.44 | 1.58 | |
| 2018-06-30 | 83.89 | 1.09 | 1.58 | |
| 2018-03-31 | 83.60 | 0.91 | 1.58 | |
| 2017-12-31 | 83.31 | 0.74 | 1.58 | |
| 2017-09-30 | 84.90 | 4.41 | 1.58 | |
| 2017-06-30 | 86.42 | 5.47 | 1.58 | |
| 2017-03-31 | 85.68 | 5.59 | 1.58 | |
| 2016-12-31 | 84.94 | 5.70 | 1.58 | |
| 2016-09-30 | 86.98 | 3.99 | 2.02 | |
| 2016-06-30 | 87.22 | 4.40 | 2.02 | |
| 2016-03-31 | 87.11 | 4.16 | 2.02 | |
| 2015-12-31 | 85.09 | 4.48 | 2.02 | |
| 2015-09-30 | 81.89 | 2.90 | 1.45 | |
| 2015-06-30 | 80.84 | 3.51 | 1.45 | |
| 2015-03-31 | 79.47 | 3.91 | 1.45 | |
| 2014-12-31 | 78.48 | 3.81 | 1.45 | |
| 2014-09-30 | 71.75 | 4.45 | 1.14 | |
| 2014-06-30 | 64.68 | 3.39 | 1.14 | |
| 2014-03-31 | 60.59 | 3.86 | 1.14 | |
| 2013-12-31 | 56.60 | 4.32 | 1.14 | |
| 2013-09-30 | 56.32 | 4.13 | 1.11 | |
| 2013-06-30 | 54.67 | 4.05 | 1.11 | |
| 2013-03-31 | 52.55 | 3.75 | 1.11 | |
| 2012-12-31 | 52.72 | 3.51 | 1.11 | |
| 2012-09-30 | 51.65 | 3.27 | 0.96 | |
| 2012-06-30 | 49.91 | 3.23 | 0.96 |
*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.
- Softing has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Softing used its assets less efficiently than the DE Electronic industry average last year based on Return on Assets.
- Softing's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Softing's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Softing has a total score of 2/6, 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.
SYT Health
How is Softing'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 Softing's finances.
The net worth of a company is the difference between its assets and liabilities.
- Softing is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Softing's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 3.7x 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.
All data from Softing Company Filings, last reported 3 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 67.34 | 9.32 | 9.24 |
| 2018-09-30 | 67.34 | 9.32 | 9.24 |
| 2018-06-30 | 66.12 | 7.89 | 8.59 |
| 2018-03-31 | 52.27 | 8.94 | 10.28 |
| 2017-12-31 | 52.27 | 8.94 | 10.28 |
| 2017-09-30 | 52.05 | 9.40 | 11.26 |
| 2017-06-30 | 52.56 | 9.60 | 11.24 |
| 2017-03-31 | 47.57 | 9.26 | 10.87 |
| 2016-12-31 | 47.57 | 9.26 | 10.87 |
| 2016-09-30 | |||
| 2016-06-30 | 41.76 | 8.91 | 6.52 |
| 2016-03-31 | 42.34 | 9.22 | 9.31 |
| 2015-12-31 | 42.34 | 9.22 | 9.31 |
| 2015-09-30 | 40.13 | 9.89 | 6.37 |
| 2015-06-30 | 38.99 | 10.10 | 4.46 |
| 2015-03-31 | 40.45 | 10.83 | 10.01 |
| 2014-12-31 | 36.99 | 10.78 | 8.75 |
| 2014-09-30 | 39.00 | 11.21 | 10.51 |
| 2014-06-30 | 27.22 | 11.71 | 3.31 |
| 2014-03-31 | 27.89 | 2.71 | 8.33 |
| 2013-12-31 | 26.13 | 0.25 | 12.95 |
| 2013-09-30 | 24.66 | 0.39 | 14.26 |
| 2013-06-30 | 23.95 | 0.37 | 13.20 |
| 2013-03-31 | 23.28 | 0.38 | 13.16 |
| 2012-12-31 | 22.19 | 0.48 | 12.58 |
| 2012-09-30 | 21.48 | 1.77 | 12.23 |
| 2012-06-30 | 20.87 | 1.71 | 13.79 |
- Softing's level of debt (13.8%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (1% vs 13.8% today).
- Debt is well covered by operating cash flow (101.2%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 25.3x coverage).
Financial health checks
We assess Softing's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Softing has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
SYT Dividends
What is Softing'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
If you bought
€2,000 of
Softing
shares you are expected to receive
€33
in your first year as a dividend.
Dividend Amount
- Softing's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
- Softing's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Upcoming dividend payment
Purchase Softing before the 'Buy Limit' to receive their next dividend payment.
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.
| 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 1 Analyst Estimates (S&P Global) | See Below |
| Germany Electronic Industry Average Dividend Yield | Market Cap Weighted Average of 9 Stocks | 1.1% |
| Germany Market Average Dividend Yield | Market Cap Weighted Average of 327 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.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 0.20 | 1.00 |
| 2020-12-31 | 0.17 | 1.00 |
| 2019-12-31 | 0.15 | 1.00 |
| Date (Data in €) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-08-14 | 0.130 | 1.632 |
| 2018-03-29 | 0.130 | 1.588 |
| 2017-03-16 | 0.200 | 1.940 |
| 2016-03-23 | 0.150 | 1.257 |
| 2015-03-16 | 0.250 | 2.091 |
| 2014-05-07 | 0.350 | 2.354 |
| 2013-04-30 | 0.270 | 2.195 |
| 2013-03-12 | 0.270 | 3.569 |
| 2013-01-15 | 0.270 | 3.690 |
| 2012-05-15 | 0.270 | 4.341 |
| 2012-03-26 | 0.270 | 5.285 |
| 2012-01-16 | 0.270 | 5.521 |
| 2011-05-13 | 0.110 | 2.647 |
| 2011-03-23 | 0.110 | 2.779 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Softing has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
- Dividend payments have increased, but Softing only paid a dividend in the past 8 years.
Income/ dividend checks
We assess Softing's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Softing afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Softing has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
SYT Management
CEO
| COMPENSATION | €1,074,000 |
CEO Bio
Dr.-Ing. Dr. rer.oec. Wolfgang Trier serves as the Chairman of the Executive Board and Chief Executive Officer at Softing AG. Dr.-Ing. Dr. rer.oec Trier serves as the Head of Investor Relations and Industrial Automation at Softing AG and has been its Member of the Executive Board since April 1, 2002. He was Head of Finance and Human Resources at Softing AG. He served as the Head of Corporate Communications, Head of Legal Affairs and Head of Sales Industrial Communication at Softing AG.
CEO Compensation
- Insufficient data for Wolfgang to compare compensation growth.
- Wolfgang's remuneration is higher than average for companies of similar size in Germany.
Management Team
Wolfgang Trier
Chairman of Executive Board
€1M
Ernst Homolka
Head of Finance & Human Resources and Member of Executive Board
€382K
52
3.1 yrs
Board of Directors
Horst Schiessl
Chairman of Supervisory Board
€44K
75
Klaus Fuchs
Deputy Chairman of Supervisory Board
€33K
60
5.9 yrs
Andreas Kratzer
Member of Supervisory Board
€22K
58
5.9 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Softing's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Softing 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.
SYT News
Simply Wall St News
Should Softing AG (ETR:SYT) Be Part Of Your Dividend Portfolio?
Dividend paying stocks like Softing AG (ETR:SYT) tend to be popular with investors, and for good reason - some research shows that a significant amount of all stock market returns come from reinvested dividends. … Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments. … Investors might not know much about Softing's dividend prospects, even though it has been paying dividends for the last eight years and offers a 1.7% yield.
Simply Wall St - – Full articleIs Softing AG's (ETR:SYT) 3.6% ROE Worse Than Average?
This article is for those who would like to learn about Return On Equity (ROE). … Another way to think of that is that for every €1 worth of equity in the company, it was able to earn €0.036. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleDo Insiders Own Lots Of Shares In Softing AG (ETR:SYT)?
The big shareholder groups in Softing AG (ETR:SYT) have power over the company. … Our analysis of the ownership of the company, below, shows that. … institutional investors have bought into the company
Simply Wall St - – Full articleWhat Investors Should Know About Softing AG's (ETR:SYT) Financial Strength
While small-cap stocks, such as Softing AG (ETR:SYT) with its market cap of €70m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … We'll look at some basic checks that can form a snapshot the company’s financial strength.
Simply Wall St - – Full articleDoes Softing AG's (ETR:SYT) CEO Salary Reflect Performance?
This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Wolfgang Trier's Compensation Compare With Similar Sized Companies. … According to our data, Softing AG has a market capitalization of €74m, and pays its CEO total annual compensation worth €1.1m.
Simply Wall St - – Full articleDid Changing Sentiment Drive Softing's Share Price Down By 49%?
One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Looking back five years, both Softing's share price and EPS declined; the latter at a rate of 13% per year. … Notably, the share price has fallen at 13% per year, fairly close to the change in the EPS.
Simply Wall St - – Full articleDespite Its High P/E Ratio, Is Softing AG (ETR:SYT) Still Undervalued?
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … That is equivalent to an earnings yield of about 3.4%. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleIs Now An Opportune Moment To Examine Softing AG (ETR:SYT)?
Softing AG (ETR:SYT), which is in the electronic business, and is based in Germany,. … As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Let’s take a look at Softing’s outlook and value based on the most recent financial data to see if the opportunity still exists
Simply Wall St - – Full articleDoes Softing AG (ETR:SYT) Have A Volatile Share Price?
In finance, Beta is a measure of volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.
Simply Wall St - – Full articleCould Softing AG's (ETR:SYT) Investor Composition Influence The Stock Price?
If you want to know who really controls Softing AG (ETR:SYT), then you'll have to look at the makeup of its share registry. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … institutions are noticeable on the share registry.
Simply Wall St - – Full articleSYT Company Info
Description
Softing AG develops software, hardware, and system solutions worldwide. The company operates through three segments: Industrial, Automotive, and IT Networks. It offers communications solutions and products for the manufacturing and process industry. The company also provides products and services for integrated communication functions in automation systems and devices, such as PROFIBUS, PROFINET, EthernetIP, EtherCAT, Powerlink, Modbus, CAN, CANopen, DeviceNet, FOUNDATION Fieldbus, and HART; interface cards; integration modules; chip solutions and communications software for implementing bus links; gateways for linking fieldbuses; and groupwide planning and administration systems. In addition, it offers tools for configuring networks; toolkits to integrate configuration functions; tools and devices for signal and protocol analysis of industrial communication networks; OPC servers, middleware, and development tools; and diagnostic devices. Further, the company provides vehicle adapters and data bus interfaces comprising interfaces, various PC connections, programming interfaces, and customized adaptations; and on-site consulting and engineering services, as well as special solutions for development/testing, production, and service. Additionally, it offers diagnostic solutions and servers, and customized and proprietary analytic tools; test automation software interfaces, editing and run time systems, and customized test stations, as well as solutions for the flash programming of control units; and devices for simulating electronic control units and rest bus systems. The company also provides customer-specific software and hardware developments for data communication/diagnosis/test systems; on-site customer support, as well as measurement technology and automation systems; and testing, qualifying, and certifying services for cabling in IT systems. Softing AG was founded in 1979 and is headquartered in Haar, Germany.
Details
| Name: | Softing AG |
| SYT | |
| Exchange: | XTRA |
| Founded: | 1979 |
| €71,604,600 | |
| 9,110,000 | |
| Website: | http://www.softing.com |
| Address: |
Softing AG Richard-Reitzner-Allee 6, Haar, Bavaria, 85540, Germany |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| XTRA | SYT | Bearer Shares | XETRA Trading Platform | DE | EUR | 16. May 2000 | |
| DB | SYT | Bearer Shares | Deutsche Boerse AG | DE | EUR | 16. May 2000 | |
| LSE | 0G73 | Bearer Shares | London Stock Exchange | GB | EUR | 16. May 2000 |
Number of employees
Current staff
Industry
| Electronic Equipment and Instruments | |
| Tech |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/21 21:01 |
| End of day share price update: | 2019/04/18 00:00 |
| Last estimates confirmation: | 2019/04/03 |
| Last earnings filing: | 2019/03/29 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
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.
