SK

SEBENXTPA:SK Stock Report

Market Cap

€7.1b

7D

-4.9%

1Y

0.6%

Updated

19 Sep, 2021

Data

Company Financials +
SK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health4/6
Dividends4/6

SK Overview

SEB SA designs, manufactures, and markets small household appliances worldwide.

SEB Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SEB
Historical stock prices
Current Share Price€128.00
52 Week High€123.45
52 Week Low€159.20
Beta0.78
1 Month Change-6.09%
3 Month Change-17.15%
1 Year Change0.57%
3 Year Change-4.22%
5 Year Change12.24%
Change since IPO689.84%

Recent News & Updates

Aug 25
SEB (EPA:SK) Seems To Use Debt Quite Sensibly

SEB (EPA:SK) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Jul 25
Returns At SEB (EPA:SK) Appear To Be Weighed Down

Returns At SEB (EPA:SK) Appear To Be Weighed Down

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Jul 10
Calculating The Fair Value Of SEB SA (EPA:SK)

Calculating The Fair Value Of SEB SA (EPA:SK)

How far off is SEB SA ( EPA:SK ) from its intrinsic value? Using the most recent financial data, we'll take a look at...

Jun 07
Is It Too Late To Consider Buying SEB SA (EPA:SK)?

Is It Too Late To Consider Buying SEB SA (EPA:SK)?

SEB SA ( EPA:SK ) saw a double-digit share price rise of over 10% in the past couple of months on the ENXTPA. As a...

Shareholder Returns

SKFR Consumer DurablesFR Market
7D-4.9%-3.6%-1.8%
1Y0.6%5.3%32.8%

Return vs Industry: SK underperformed the French Consumer Durables industry which returned 5.3% over the past year.

Return vs Market: SK underperformed the French Market which returned 32.8% over the past year.

Price Volatility

Is SK's price volatile compared to industry and market?
SK volatility
SK Beta0.78
Industry Beta0.85
Market Beta1

Stable Share Price: SK is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: SK's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
185733,000Thierry de La d'Artaisehttps://www.groupeseb.com

SEB SA designs, manufactures, and markets small household appliances worldwide. It provides kitchen electrics, including electrical cooking products comprising deep fryers, rice cookers, electric pressure cookers, informal meal appliances, waffle makers, grills, toasters, and multicookers; beverage preparation products, such as coffee makers, espresso machines, electric kettles, home beer-tapping machines, and soy milk makers; and food preparation products consisting of blenders, cooking food processors, kitchen machines, mixers, and beaters. The company also offers home and personal care products, including linen care products, such as irons and steam generators, and garment steamers; home care products consisting of canister vacuum cleaners, steam and upright vacuum cleaners, vacuum sweepers, and versatile vacuums; and home comfort products, such as fans, heaters, and air treatment alliances, as well as personal care products comprising hair care appliances, depilators, and bathroom scales.

SEB Fundamentals Summary

How do SEB's earnings and revenue compare to its market cap?
SK fundamental statistics
Market Cap€7.06b
Earnings (TTM)€448.30m
Revenue (TTM)€7.64b

15.7x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SK income statement (TTM)
Revenue€7.64b
Cost of Revenue€6.62b
Gross Profit€1.02b
Expenses€568.50m
Earnings€448.30m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 26, 2021

Earnings per share (EPS)8.56
Gross Margin13.32%
Net Profit Margin5.87%
Debt/Equity Ratio129.1%

How did SK perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

23%

Payout Ratio

Valuation

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

11.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SK (€128) is trading below our estimate of fair value (€145.27)

Significantly Below Fair Value: SK is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: SK is good value based on its PE Ratio (15.7x) compared to the French Consumer Durables industry average (17x).

PE vs Market: SK is good value based on its PE Ratio (15.7x) compared to the French market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: SK is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: SK is overvalued based on its PB Ratio (2.8x) compared to the FR Consumer Durables industry average (2.6x).


Future Growth

How is SEB forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

9.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SK's forecast earnings growth (9.8% per year) is above the savings rate (0.4%).

Earnings vs Market: SK's earnings (9.8% per year) are forecast to grow slower than the French market (12.2% per year).

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

Revenue vs Market: SK's revenue (4.7% per year) is forecast to grow slower than the French market (6.2% per year).

High Growth Revenue: SK's revenue (4.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SK's Return on Equity is forecast to be low in 3 years time (16.2%).


Past Performance

How has SEB performed over the past 5 years?

6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SK has high quality earnings.

Growing Profit Margin: SK's current net profit margins (5.9%) are higher than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: SK's earnings have grown by 6.5% per year over the past 5 years.

Accelerating Growth: SK's earnings growth over the past year (58.7%) exceeds its 5-year average (6.5% per year).

Earnings vs Industry: SK earnings growth over the past year (58.7%) exceeded the Consumer Durables industry 34.3%.


Return on Equity

High ROE: SK's Return on Equity (17.9%) is considered low.


Financial Health

How is SEB's financial position?


Financial Position Analysis

Short Term Liabilities: SK's short term assets (€4.7B) exceed its short term liabilities (€3.4B).

Long Term Liabilities: SK's short term assets (€4.7B) exceed its long term liabilities (€2.9B).


Debt to Equity History and Analysis

Debt Level: SK's debt to equity ratio (129.1%) is considered high.

Reducing Debt: SK's debt to equity ratio has increased from 64.6% to 129.1% over the past 5 years.

Debt Coverage: SK's debt is well covered by operating cash flow (23.5%).

Interest Coverage: SK's interest payments on its debt are well covered by EBIT (30.5x coverage).


Balance Sheet


Dividend

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

1.52%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SK's dividend (1.52%) is higher than the bottom 25% of dividend payers in the French market (1.27%).

High Dividend: SK's dividend (1.52%) is low compared to the top 25% of dividend payers in the French market (3.88%).


Stability and Growth of Payments

Stable Dividend: SK's dividend payments have been volatile in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.7%), SK's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SK's dividends in 3 years are forecast to be well covered by earnings (27.8% payout ratio).


Next Steps

Management

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

2.4yrs

Average management tenure


CEO

Thierry de La d'Artaise (67 yo)

21.67yrs

Tenure

€4,179,340

Compensation

Mr. Thierry de La Tour d'Artaise serves as the Chairman of SEB SA since 2000 and Chief Executive Officer since 1994. Mr. d'Artaise served as a Member of Group Management Board at SEB. Mr. d'Artaise serves...


CEO Compensation Analysis

Compensation vs Market: Thierry de La's total compensation ($USD4.91M) is above average for companies of similar size in the French market ($USD2.55M).

Compensation vs Earnings: Thierry de La's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SK's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: SK's board of directors are considered experienced (6.3 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

SEB SA's employee growth, exchange listings and data sources


Key Information

  • Name: SEB SA
  • Ticker: SK
  • Exchange: ENXTPA
  • Founded: 1857
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: €7.057b
  • Shares outstanding: 55.14m
  • Website: https://www.groupeseb.com

Number of Employees


Location

  • SEB SA
  • Campus SEB – 112
  • Chemin du Moulin Carron
  • Écully
  • Rhône-Alpes
  • 69130
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 17:33
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.