DB:1Q3

Stock Analysis Report

Sensirion Holding

Executive Summary

Sensirion Holding AG, together with its subsidiaries, engages in the development, production, sale, and servicing of sensor systems, modules, and components in Switzerland, Germany, the United States, Australia, China, South Korea, and internationally.


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Sensirion Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1Q3 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

1Q3

9.4%

DE Electronic

1.7%

DE Market


1 Year Return

-47.7%

1Q3

13.9%

DE Electronic

15.0%

DE Market

Return vs Industry: 1Q3 underperformed the German Electronic industry which returned 9.5% over the past year.

Return vs Market: 1Q3 underperformed the German Market which returned 17.1% over the past year.


Shareholder returns

1Q3IndustryMarket
7 Day0%9.4%1.7%
30 Day0%8.4%0.8%
90 Day-2.3%7.4%3.7%
1 Year-47.7%-47.7%16.4%13.9%18.5%15.0%
3 Yearn/a55.2%50.0%17.1%6.9%
5 Yearn/a122.9%106.8%24.3%7.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Sensirion Holding undervalued compared to its fair value and its price relative to the market?

4.06x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 1Q3 (€29.9) is trading above our estimate of fair value (€14.46)

Significantly Below Fair Value: 1Q3 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1Q3 is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: 1Q3 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 1Q3's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1Q3 is overvalued based on its PB Ratio (4.1x) compared to the DE Electronic industry average (1.8x).


Next Steps

Future Growth

How is Sensirion Holding forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

88.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1Q3 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).

Earnings vs Market: 1Q3 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 1Q3's is expected to become profitable in the next 3 years.

Revenue vs Market: 1Q3's revenue (8.9% per year) is forecast to grow faster than the German market (4.8% per year).

High Growth Revenue: 1Q3's revenue (8.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1Q3's Return on Equity is forecast to be low in 3 years time (7%).


Next Steps

Past Performance

How has Sensirion Holding performed over the past 5 years?

-52.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 1Q3 is currently unprofitable.

Growing Profit Margin: 1Q3 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if 1Q3's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare 1Q3's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1Q3 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (3.1%).


Return on Equity

High ROE: 1Q3 has a negative Return on Equity (-3.96%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Sensirion Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 1Q3's short term assets (CHF109.0M) exceed its short term liabilities (CHF22.7M).

Long Term Liabilities: 1Q3's short term assets (CHF109.0M) exceed its long term liabilities (CHF34.6M).


Debt to Equity History and Analysis

Debt Level: 1Q3 is debt free.

Reducing Debt: 1Q3 had no debt 5 years ago.


Balance Sheet

Inventory Level: 1Q3 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 1Q3's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 1Q3 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 1Q3 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 117.7% per year.


Next Steps

Dividend

What is Sensirion Holding's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.3%markettop25%3.6%industryaverage1.2%forecastin3Years0%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 1Q3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1Q3'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 1Q3's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1Q3'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 1Q3'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?

7.7yrs

Average management tenure


CEO

Marc von Waldkirch (45yo)

3.2yrs

Tenure

0

Dr. Marc von Waldkirch has been the Chief Executive Officer of Sensirion AG since July 1, 2016. Dr. von Waldkirch served as Vice President of Research & Development of Sensirion AG since 2011 until July 1, ...


Leadership Team

NamePositionTenureCompensationOwnership
Felix Mayer
Co-Founder & Co-Chairman of the Board2.9yrsCHF292.03k8.04% CHF47.7m
Moritz Lechner
Co-Founder & Co-Chairman of the Board21.7yrsCHF291.05k6.46% CHF38.3m
Marc von Waldkirch
Chief Executive Officer3.2yrsno data0.21% CHF1.3m
Matthias Gantner
Chief Financial Officer7.7yrsno data0.055% CHF326.3k
Johannes Bleuel
Vice President of Operations7.7yrsno data0.058% CHF345.8k
Andrea Wüest
Director of Investor Relations0yrsno datano data
Andrea Orzati
Vice President of Sales & Marketing6.7yrsno data0.084% CHF500.3k
Heiko Lambach
Vice President of Human Resources8.7yrsno data0.056% CHF332.0k

7.7yrs

Average Tenure

50yo

Average Age

Experienced Management: 1Q3's management team is seasoned and experienced (7.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Felix Mayer
Co-Founder & Co-Chairman of the Board2.9yrsCHF292.03k8.04% CHF47.7m
Moritz Lechner
Co-Founder & Co-Chairman of the Board21.7yrsCHF291.05k6.46% CHF38.3m
François Gabella
Director0.3yrsno datano data
Heinrich Fischer
Lead Independent Director0yrsCHF86.40k0.69% CHF4.1m
Ricarda Demarmels
Non-Executive Director1.5yrsCHF86.40kno data
Franz Studer
Director0.3yrsno datano data

1.5yrs

Average Tenure

54yo

Average Age

Experienced Board: 1Q3's board of directors are not considered experienced ( 1.5 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 21.8%.


Top Shareholders

Company Information

Sensirion Holding AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sensirion Holding AG
  • Ticker: 1Q3
  • Exchange: DB
  • Founded:
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: CHF643.304m
  • Listing Market Cap: CHF593.203m
  • Shares outstanding: 15.05m
  • Website: https://www.sensirion.com

Number of Employees


Location

  • Sensirion Holding AG
  • Laubisrütistrasse 50
  • Stäfa
  • Zurich
  • 8712
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SENSSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFMar 2018
0SE5LSE (London Stock Exchange)YesRegistered SharesGBCHFMar 2018
1Q3DB (Deutsche Boerse AG)YesRegistered SharesDEEURMar 2018

Biography

Sensirion Holding AG, together with its subsidiaries, engages in the development, production, sale, and servicing of sensor systems, modules, and components in Switzerland, Germany, the United States, Australia, China, South Korea, and internationally. The company provides gas and liquid flow, differential pressure, and environmental sensors for the measurement of humidity and temperature, volatile organic compounds, carbon dioxide, and particulate matter. It serves automotive, medical, industrial, and consumer end markets. The company is headquartered in Stäfa, Switzerland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/25 22:23
End of Day Share Price2019/06/28 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.