Strix Group Plc designs, manufactures, and supplies kettle safety controls and other components worldwide.
Undervalued average dividend payer.
Share Price & News
How has Strix Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SG9's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SG9 exceeded the German Electronic industry which returned -26.3% over the past year.
Return vs Market: SG9 exceeded the German Market which returned -17.5% over the past year.
Price Volatility Vs. Market
How volatile is Strix Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Strix Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SG9 (€1.56) is trading below our estimate of fair value (€3.27)
Significantly Below Fair Value: SG9 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SG9 is good value based on its PE Ratio (12.5x) compared to the Electronic industry average (16x).
PE vs Market: SG9 is good value based on its PE Ratio (12.5x) compared to the German market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: SG9 is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: SG9 is overvalued based on its PB Ratio (296.2x) compared to the DE Electronic industry average (1.2x).
How is Strix Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SG9's forecast earnings growth (17.7% per year) is above the savings rate (-0.4%).
Earnings vs Market: SG9's earnings (17.7% per year) are forecast to grow faster than the German market (14.1% per year).
High Growth Earnings: SG9's earnings are forecast to grow, but not significantly.
Revenue vs Market: SG9's revenue (5.1% per year) is forecast to grow faster than the German market (4.2% per year).
High Growth Revenue: SG9's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SG9's Return on Equity is forecast to be high in 3 years time
How has Strix Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SG9 has a large one-off loss of £7.3M impacting its December 31 2019 financial results.
Growing Profit Margin: SG9's current net profit margins (22.2%) are lower than last year (24.7%).
Past Earnings Growth Analysis
Earnings Trend: SG9's earnings have declined by -2.1% per year over the past 5 years.
Accelerating Growth: SG9's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SG9 had negative earnings growth (-7.1%) over the past year, making it difficult to compare to the Electronic industry average (-7.4%).
Return on Equity
High ROE: Whilst SG9's Return on Equity (2364.22%) is outstanding, this metric is skewed due to their high level of debt.
How is Strix Group's financial position?
Financial Position Analysis
Short Term Liabilities: SG9's short term assets (£32.5M) exceed its short term liabilities (£21.2M).
Long Term Liabilities: SG9's short term assets (£32.5M) do not cover its long term liabilities (£43.0M).
Debt to Equity History and Analysis
Debt Level: SG9's debt to equity ratio (4390.8%) is considered high.
Reducing Debt: SG9's debt to equity ratio has increased from 69.3% to 4390.8% over the past 5 years.
Debt Coverage: SG9's debt is well covered by operating cash flow (85.9%).
Interest Coverage: SG9's interest payments on its debt are well covered by EBIT (24.9x coverage).
Inventory Level: SG9 has a high level of physical assets or inventory.
Debt Coverage by Assets: SG9's debt is not covered by short term assets (assets are 0.8x debt).
What is Strix Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SG9's dividend (5.42%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: SG9's dividend (5.42%) is in the top 25% of dividend payers in the German market (4.96%)
Stability and Growth of Payments
Stable Dividend: SG9 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SG9's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67.9%), SG9's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SG9's dividends in 3 years are forecast to be covered by earnings (57% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mark Victor Bartlett (54yo)
Mr. Mark Victor Edward Bartlett serves as Chief Executive Officer of Strix Group Plc. Mr. Bartlett joined Strix in 2006. He leads the organisation, setting the strategic direction and policy and works clos ...
CEO Compensation Analysis
Compensation vs Market: Mark Victor's total compensation ($USD530.01K) is below average for companies of similar size in the German market ($USD1.03M).
Compensation vs Earnings: Mark Victor's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO & Director||no data||UK£427.00k||0.16% £476.9k|
|CFO & Director||2.67yrs||UK£334.00k||0.16% £476.9k|
|Non-Executive Director||2.67yrs||UK£45.00k||no data|
|Non-Executive Chairman||2yrs||UK£70.00k||0.26% £794.8k|
|Non-Executive Director||no data||no data||no data|
Experienced Board: SG9's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Strix Group Plc's company bio, employee growth, exchange listings and data sources
- Name: Strix Group Plc
- Ticker: SG9
- Exchange: DB
- Founded: 2017
- Industry: Electronic Components
- Sector: Tech
- Market Cap: UK£269.800m
- Listing Market Cap: UK£302.036m
- Shares outstanding: 190.00m
- Website: https://www.strixplc.com
Number of Employees
- Strix Group Plc
- Forrest House
- IM9 2RG
- Isle of Man
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KETL||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Aug 2017|
|SG9||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Aug 2017|
|STXX.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Aug 2017|
Strix Group Plc designs, manufactures, and supplies kettle safety controls and other components worldwide. The company offers thermostatic controls, cordless interfaces, water jugs, and filters. It also provides water heating and temperature control, steam management, and water filtration devices. The company offers steam boilers, instant flow heaters, and turbo toasters. It primarily serves original equipment manufacturers, brands, and retailers. The company was incorporated in 2017 and is headquartered in Ballasalla, the Isle of Man.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 01:14|
|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.