ENXTPA:SO

Stock Analysis Report

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Executive Summary

Somfy SA manufactures and sells automatic controls for openings and closures in homes and buildings. More Details


Snowflake Analysis

Flawless balance sheet with solid track record and pays a dividend.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SO's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

10.7%

SO

-4.1%

FR Electrical

-1.3%

FR Market


1 Year Return

61.7%

SO

19.5%

FR Electrical

-7.5%

FR Market

Return vs Industry: SO exceeded the French Electrical industry which returned 21.2% over the past year.

Return vs Market: SO exceeded the French Market which returned -6.4% over the past year.


Shareholder returns

SOIndustryMarket
7 Day10.7%-4.1%-1.3%
30 Day22.3%4.9%2.9%
90 Day40.6%4.2%-1.4%
1 Year63.9%61.7%22.8%19.5%-5.5%-7.5%
3 Year69.2%61.5%44.7%33.5%5.9%-3.2%
5 Year156.7%137.7%101.6%76.3%30.8%11.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

30.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SO (€135.4) is trading above our estimate of fair value (€61.67)

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


Price To Earnings Ratio

PE vs Industry: SO is poor value based on its PE Ratio (30.4x) compared to the FR Electrical industry average (26.5x).

PE vs Market: SO is poor value based on its PE Ratio (30.4x) compared to the French market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: SO is poor value based on its PEG Ratio (4.8x)


Price to Book Ratio

PB vs Industry: SO is overvalued based on its PB Ratio (4.5x) compared to the FR Electrical industry average (2.6x).


Next Steps

Future Growth

How is Somfy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

6.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SO's forecast earnings growth (6.4% per year) is above the savings rate (0.6%).

Earnings vs Market: SO's earnings (6.4% per year) are forecast to grow slower than the French market (23.6% per year).

High Growth Earnings: SO's earnings are forecast to grow, but not significantly.

Revenue vs Market: SO's revenue (6% per year) is forecast to grow slower than the French market (6.7% per year).

High Growth Revenue: SO's revenue (6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SO's Return on Equity is forecast to be low in 3 years time (14.6%).


Next Steps

Past Performance

How has Somfy performed over the past 5 years?

1.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SO has high quality earnings.

Growing Profit Margin: SO's current net profit margins (13.3%) are higher than last year (12.8%).


Past Earnings Growth Analysis

Earnings Trend: SO's earnings have grown by 1.1% per year over the past 5 years.

Accelerating Growth: SO's earnings growth over the past year (3%) exceeds its 5-year average (1.1% per year).

Earnings vs Industry: SO earnings growth over the past year (3%) exceeded the Electrical industry -13.1%.


Return on Equity

High ROE: SO's Return on Equity (14.6%) is considered low.


Next Steps

Financial Health

How is Somfy's financial position?


Financial Position Analysis

Short Term Liabilities: SO's short term assets (€835.5M) exceed its short term liabilities (€276.3M).

Long Term Liabilities: SO's short term assets (€835.5M) exceed its long term liabilities (€107.6M).


Debt to Equity History and Analysis

Debt Level: SO's debt to equity ratio (6.3%) is considered satisfactory.

Reducing Debt: SO's debt to equity ratio has reduced from 32.2% to 6.3% over the past 5 years.

Debt Coverage: SO's debt is well covered by operating cash flow (391.8%).

Interest Coverage: SO's interest payments on its debt are well covered by EBIT (104.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Somfy current dividend yield, its reliability and sustainability?

0.92%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SO's dividend (0.92%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.54%).

High Dividend: SO's dividend (0.92%) is low compared to the top 25% of dividend payers in the French market (5.21%).


Stability and Growth of Payments

Stable Dividend: SO's dividends per share have been stable in the past 10 years.

Growing Dividend: SO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.1%), SO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SO's dividends in 3 years are forecast to be well covered by earnings (31.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average board tenure


CEO

Jean Despature (42 yo)

no data

Tenure

€1,558,258

Compensation

Mr. Jean Guillaume Despature has been Chairman of the Management Board at Somfy SA since March 9, 2016. and has been its member since November 6, 2014. Mr. Despature serves as Chairperson of The Supervisor ...


CEO Compensation Analysis

Compensation vs Market: Jean's total compensation ($USD1.85M) is below average for companies of similar size in the French market ($USD3.57M).

Compensation vs Earnings: Jean's compensation has increased by more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Michel Rollier
Independent Chairman of the Supervisory Board7.42yrs€103.60kno data
Victor Despature
Vice Chairman of Supervisory Boardno data€19.60kno data
Anthony Stahl
Member of Supervisory Board18.33yrsno datano data
Florence Noblot
Independent Member of the Supervisory Board3.42yrs€8.00kno data
Sophie Desormière
Independent Member of Supervisory Board3.42yrs€8.00kno data
Paule Cellard
Independent Member of Supervisory Board7.42yrs€16.00kno data
Marie Bavarel-Despature
Member of Supervisory Board3.42yrs€8.00kno data
Bertrand Parmentier
Independent Supervisory Board Member0.33yrno datano data

3.4yrs

Average Tenure

57yo

Average Age

Experienced Board: SO's board of directors are considered experienced (3.4 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Somfy SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Somfy SA
  • Ticker: SO
  • Exchange: ENXTPA
  • Founded: 1969
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: €4.642b
  • Shares outstanding: 34.38m
  • Website: https://www.somfy-group.com/fr-fr

Number of Employees


Location

  • Somfy SA
  • 50 avenue du Nouveau-Monde
  • BP 152
  • Cluses
  • Rhône-Alpes
  • 74307
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SOENXTPA (Euronext Paris)YesOrdinary SharesFREURJan 1992
0RR3LSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
SOPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
YSMDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992

Biography

Somfy SA manufactures and sells automatic controls for openings and closures in homes and buildings. The company offers shutters, solar protection, curtains, gates, garage doors, cameras, alarms, locks, se ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 21:20
End of Day Share Price2020/10/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.