ScanSource, Inc. distributes technology products and solutions in the United States, Canada, Brazil, Latin America, and Europe.
Excellent balance sheet and good value.
Share Price & News
How has ScanSource's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SC3's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SC3 underperformed the German Electronic industry which returned -23.9% over the past year.
Return vs Market: SC3 underperformed the German Market which returned -14.1% over the past year.
Price Volatility Vs. Market
How volatile is ScanSource's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is ScanSource undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SC3 (€19.5) is trading above our estimate of fair value (€18.48)
Significantly Below Fair Value: SC3 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SC3 is good value based on its PE Ratio (11.6x) compared to the Electronic industry average (16.9x).
PE vs Market: SC3 is good value based on its PE Ratio (11.6x) compared to the German market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: SC3 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: SC3 is good value based on its PB Ratio (0.6x) compared to the DE Electronic industry average (1.2x).
How is ScanSource forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SC3's forecast earnings growth (23.9% per year) is above the savings rate (-0.4%).
Earnings vs Market: SC3's earnings (23.9% per year) are forecast to grow faster than the German market (14.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SC3's revenue is expected to decline over the next 3 years (-5.4% per year).
High Growth Revenue: SC3's revenue is forecast to decline over the next 3 years (-5.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SC3's Return on Equity is forecast to be high in 3 years time
How has ScanSource performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SC3 has high quality earnings.
Growing Profit Margin: SC3's current net profit margins (1.2%) are lower than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: SC3's earnings have declined by -9.3% per year over the past 5 years.
Accelerating Growth: SC3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SC3 had negative earnings growth (-16.5%) over the past year, making it difficult to compare to the Electronic industry average (-7.4%).
Return on Equity
High ROE: SC3's Return on Equity (5%) is considered low.
How is ScanSource's financial position?
Financial Position Analysis
Short Term Liabilities: SC3's short term assets ($1.5B) exceed its short term liabilities ($832.3M).
Long Term Liabilities: SC3's short term assets ($1.5B) exceed its long term liabilities ($450.3M).
Debt to Equity History and Analysis
Debt Level: SC3's debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: SC3's debt to equity ratio has increased from 0.7% to 39% over the past 5 years.
Debt Coverage: SC3's debt is well covered by operating cash flow (39.5%).
Interest Coverage: SC3's interest payments on its debt are well covered by EBIT (7.3x coverage).
Inventory Level: SC3 has a high level of physical assets or inventory.
Debt Coverage by Assets: SC3's debt is covered by short term assets (assets are 4.3x debt).
What is ScanSource's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SC3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SC3's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SC3's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SC3's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SC3's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Baur (62yo)
Mr. Michael L. Baur, also known as Mike, Founded ScanSource, Inc. in December 1992 and has been its Chief Executive Officer since December 1992 and Chairman since February, 1, 2019. Mr. Baur is the Preside ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD3.54M) is above average for companies of similar size in the German market ($USD1.11M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
|Senior EVP & CFO||no data||US$756.75k||0.075% $362.1k|
|Senior EVP and Chief Legal & Strategy Officer||2.17yrs||US$674.62k||0.046% $221.9k|
|Senior Executive Vice President of Worldwide Operations & Integration||0.83yr||US$889.74k||no data|
|Chief Technology Officer||27.25yrs||no data||no data|
|Vice President of Investor Relations & Treasurer||no data||no data||no data|
|Public Relations Manager||no data||no data||no data|
|Vice President of Sales for Communications||no data||no data||no data|
|Senior Executive Vice President of Supplier Services||0.83yr||no data||no data|
|Executive Vice President of Supplier Services||0.83yr||no data||no data|
Experienced Management: SC3's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
|Independent Director||15.42yrs||US$223.79k||0.11% $520.9k|
|Independent Director||11.08yrs||US$243.79k||0.083% $397.7k|
|Lead Independent Director||1.08yrs||US$262.96k||0.076% $365.6k|
|Chairman Emeritus||10.25yrs||US$36.00k||no data|
|Independent Director||18.75yrs||US$223.79k||0.088% $422.8k|
|Independent Director||0.33yr||no data||0.017% $83.3k|
|Independent Director||2.5yrs||US$223.79k||0.039% $189.4k|
Experienced Board: SC3's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SC3 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ScanSource, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: ScanSource, Inc.
- Ticker: SC3
- Exchange: DB
- Founded: 1992
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: US$532.262m
- Listing Market Cap: US$480.047m
- Shares outstanding: 25.35m
- Website: https://www.scansource.com
Number of Employees
- ScanSource, Inc.
- 6 Logue Court
- South Carolina
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SCSC||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Mar 1994|
|SC3||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 1994|
|SC3||BRSE (Berne Stock Exchange)||Yes||Common Stock||CH||CHF||Mar 1994|
ScanSource, Inc. distributes technology products and solutions in the United States, Canada, Brazil, Latin America, and Europe. It operates in two segments, Worldwide Barcode, Networking & Security; and Worldwide Communications & Services. The Worldwide Barcode, Networking & Security segment offers a portfolio of solutions primarily for enterprise mobile computing, data capture, barcode printing, point of sale (POS), payments, networking, electronic physical security, cyber security, and other technologies. This segment offers data capture and POS solutions to automate the collection, processing, and communication of information for commercial and industrial applications, including retail sales, distribution, shipping, inventory control, materials handling, warehouse management, and health care applications. It also provides electronic physical security products, such as identification, access control, video surveillance, intrusion-related, and wireless and networking infrastructure products; and video conferencing, cloud, POS portal, and other services. The Worldwide Communications & Services segment offers a portfolio of solutions primarily for communications technologies and services comprising voice, video conferencing, wireless, data networking, cyber security, digital networks, cable, unified communications and collaboration, cloud, and technology services, as well as IP networks and other solutions for various vertical markets comprising education, healthcare, and government. The company also provides professional, contact center, and infrastructure services. ScanSource, Inc. was founded in 1992 and is headquartered in Greenville, South Carolina.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/27 23:21|
|End of Day Share Price||2020/03/27 00:00|
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.