DB:XSDG

Stock Analysis Report

Executive Summary

Samsung SDI Co., Ltd. manufactures and sells batteries worldwide.

Rewards

PE ratio (26.8x) is below the Electronic industry average (27.1x)

Earnings are forecast to grow 36.41% per year

Risk Analysis

No risks detected for XSDG from our risk checks.


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Samsung SDI's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

22.2%

XSDG

0.9%

DE Electronic

-0.5%

DE Market


1 Year Return

17.7%

XSDG

9.5%

DE Electronic

16.6%

DE Market

Return vs Industry: XSDG exceeded the German Electronic industry which returned 9.5% over the past year.

Return vs Market: XSDG matched the German Market which returned 16.8% over the past year.


Shareholder returns

XSDGIndustryMarket
7 Day22.2%0.9%-0.5%
30 Day22.4%-2.5%0.8%
90 Day25.3%5.8%6.6%
1 Year17.7%17.7%12.1%9.5%20.2%16.6%
3 Yearn/a53.9%49.1%17.1%6.8%
5 Yearn/a118.0%101.8%29.7%11.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Samsung SDI undervalued compared to its fair value and its price relative to the market?

27.1x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: XSDG (€52.4) is trading above our estimate of fair value (€3.77)

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


Price To Earnings Ratio

PE vs Industry: XSDG is good value based on its PE Ratio (26.8x) compared to the Electronic industry average (27.1x).

PE vs Market: XSDG is poor value based on its PE Ratio (26.8x) compared to the German market (20.6x).


Price to Earnings Growth Ratio

PEG Ratio: XSDG is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: XSDG is good value based on its PB Ratio (1.4x) compared to the DE Electronic industry average (1.8x).


Next Steps

Future Growth

How is Samsung SDI forecast to perform in the next 1 to 3 years based on estimates from 31 analysts?

36.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XSDG's forecast earnings growth (36.4% per year) is above the savings rate (-0.4%).

Earnings vs Market: XSDG's earnings (36.4% per year) are forecast to grow faster than the German market (13.2% per year).

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

Revenue vs Market: XSDG's revenue (16.3% per year) is forecast to grow faster than the German market (4.8% per year).

High Growth Revenue: XSDG's revenue (16.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: XSDG's Return on Equity is forecast to be low in 3 years time (10%).


Next Steps

Past Performance

How has Samsung SDI performed over the past 5 years?

42.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XSDG has high quality earnings.

Growing Profit Margin: XSDG's current net profit margins (6.5%) are lower than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: XSDG's earnings have grown significantly by 42.6% per year over the past 5 years.

Accelerating Growth: XSDG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: XSDG had negative earnings growth (-6.9%) over the past year, making it difficult to compare to the Electronic industry average (3.1%).


Return on Equity

High ROE: XSDG's Return on Equity (5.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Samsung SDI's financial position?


Financial Position Analysis

Short Term Liabilities: XSDG's short term assets (₩5,142.6B) exceed its short term liabilities (₩3,388.1B).

Long Term Liabilities: XSDG's short term assets (₩5,142.6B) exceed its long term liabilities (₩3,593.2B).


Debt to Equity History and Analysis

Debt Level: XSDG's debt to equity ratio (26.7%) is considered satisfactory.

Reducing Debt: XSDG's debt to equity ratio has increased from 16% to 26.7% over the past 5 years.

Debt Coverage: XSDG's debt is well covered by operating cash flow (24.8%).

Interest Coverage: XSDG's interest payments on its debt are well covered by EBIT (10.9x coverage).


Balance Sheet

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

Debt Coverage by Assets: XSDG's debt is covered by short term assets (assets are 1.5x debt).


Next Steps

Dividend

What is Samsung SDI's current dividend yield, its reliability and sustainability?

0.37%

Current Dividend Yield


Dividend Yield vs Market

company0.4%marketbottom25%1.4%markettop25%3.6%industryaverage1.4%forecastin3Years0.4%

Current dividend yield vs market & industry

Notable Dividend: XSDG's dividend (0.38%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.38%).

High Dividend: XSDG's dividend (0.38%) is low compared to the top 25% of dividend payers in the German market (3.53%).


Stability and Growth of Payments

Stable Dividend: XSDG is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: XSDG is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of Samsung SDI's salary, the management and board of directors tenure and is there insider trading?

7.8yrs

Average management tenure


CEO

Young-Hyun Jun (59yo)

2.8yrs

Tenure

0

Mr. Young-Hyun Jun has been the Chief Executive Officer and Internal Director at Samsung SDI Co., Ltd. since March 30, 2017. 


Management Age and Tenure

7.8yrs

Average Tenure

58yo

Average Age

Experienced Management: XSDG's management team is seasoned and experienced (7.8 years average tenure).


Board Age and Tenure

5.5yrs

Average Tenure

62.5yo

Average Age

Experienced Board: XSDG's board of directors are considered experienced (5.5 years average tenure).


Insider Trading

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 not been meaningfully diluted in the past year.


Management Team

  • Chung Hokyoon

    Head of Display R&D Center of Corporate Technology Operation and Executive Vice President

    • Chun Dongrak

      Chief Risk Officer

      • Yoo Euijin

        Head of AMOLED Business Team and Vice President

        • Kim Sungdo

          Head of PDP Quality Innovation Team and Vice President

          • Young-No Kwon (57yo)

            CFO, Executive VP & Director

            • Tenure: 2yrs
          • Jae-Kook Song

            Managing Director

            • Jeon-Deug Kim (60yo)

              Managing Director

              • Tenure: 7.8yrs
            • Eun-Gi Heo (53yo)

              Managing Director

              • Tenure: 8.1yrs
            • Young-Hyun Jun (59yo)

              CEO & Internal Director

              • Tenure: 2.8yrs
            • Ike Kim

              Vice President of Finance & Accounting Team


              Board Members

              • Sung Jae Kim (66yo)

                Outside Director

                • Tenure: 8.8yrs
              • Young-No Kwon (57yo)

                CFO, Executive VP & Director

                • Tenure: 2yrs
              • Jai-Hie Kim (66yo)

                External Director

                • Tenure: 5.5yrs
              • Serck-Joo Hong (66yo)

                External Director

                • Tenure: 5.5yrs
              • Ran Do Kim (56yo)

                External Director

                • Tenure: 5.5yrs
              • Young-Hyun Jun (59yo)

                CEO & Internal Director

                • Tenure: 2.8yrs
              • Tae Ahn

                Executive VP of Small-Sized Battery & Internal Director

                • Tenure: 0.8yrs

              Company Information

              Samsung SDI Co., Ltd.'s company bio, employee growth, exchange listings and data sources


              Key Information

              • Name: Samsung SDI Co., Ltd.
              • Ticker: XSDG
              • Exchange: DB
              • Founded: 1970
              • Industry: Electronic Components
              • Sector: Tech
              • Market Cap: ₩17.569t
              • Listing Market Cap: ₩13.611b
              • Shares outstanding: 65.43m
              • Website: https://www.samsungsdi.com

              Number of Employees


              Location

              • Samsung SDI Co., Ltd.
              • 150-20, Gongse-ro
              • Giheung-gu
              • Yongin
              • Gyeonggi-do
              • South Korea

              Listings

              TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
              A006400KOSE (Korea Stock Exchange)YesCommon StockKRKRWJan 1992
              A006405KOSE (Korea Stock Exchange)PREF KRW5000KRKRWJun 1993
              SMSDIBDL (Bourse de Luxembourg)GDS EACH REPR 1/4 OF ORD KRW5000 144ALUUSDJun 1999
              XSDGDB (Deutsche Boerse AG)GDS EACH REPR 1/4 OF ORD KRW5000 144ADEEURJun 1999

              Biography

              Samsung SDI Co., Ltd. manufactures and sells batteries worldwide. The company operates through three segments: Chemicals, Electronic Materials, and Energy and Other. It offers small-sized lithium ion batteries used in laptops, tablets, mobile phones, wearable devices, power banks, power tools, garden tools, vacuum cleaners, e-bikes, e-scooters, and ignition products; energy storage systems used in base transceiver stations, as well as in residential, utility, commercial, and UPS applications; and automotive batteries. The company also offers electronic materials, including semiconductor products, such as spin-on hardmasks, spin-on dielectrics, and epoxy molding compounds; LCD products, such as polarizing films and color photo resist products; OLED products comprising evaporation materials and thin film encapsulation products; and photovoltaic paste products. In addition, it is involved in the manufacture and sale of rechargeable battery raw materials; and invests in new technology venture business. The company has a strategic alliance with AB Volvo to develop battery packs for Volvo Group's electric trucks. Samsung SDI Co., Ltd. was founded in 1970 and is headquartered in Yongin, South Korea. 


              Company Analysis and Financial Data Status

              All financial data provided by Standard & Poor's Capital IQ.
              DataLast Updated (UTC time)
              Company Analysis2020/01/16 22:12
              End of Day Share Price2020/01/16 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.