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Société Internationale de Plantations d'Hévéas Société Anonyme

ENXTPA:SIPH
Snowflake Description

Reasonable growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SIPH
ENXTPA
€405M
Market Cap
  1. Home
  2. FR
  3. Materials
Company description

Société Internationale de Plantations d'Hévéas Société Anonyme cultivates, harvests, processes, and markets natural rubber to the tyre industry in West Africa. The last earnings update was 76 days ago. More info.


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SIPH Share Price and Events
7 Day Returns
-0.6%
ENXTPA:SIPH
0.5%
FR Chemicals
-0.2%
FR Market
1 Year Returns
-6.2%
ENXTPA:SIPH
7.1%
FR Chemicals
2.6%
FR Market
SIPH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Société Internationale de Plantations d'Hévéas Société Anonyme (SIPH) -0.6% -3% 0.6% -6.2% 153.6% 132.3%
FR Chemicals 0.5% 3.8% 3.7% 7.1% 36.9% 35.3%
FR Market -0.2% 3.6% 1.1% 2.6% 34.3% 37.8%
1 Year Return vs Industry and Market
  • SIPH underperformed the Chemicals industry which returned 7.1% over the past year.
  • SIPH underperformed the Market in France which returned 2.6% over the past year.
Price Volatility
SIPH
Industry
5yr Volatility vs Market

Value

 Is Société Internationale de Plantations d'Hévéas Société Anonyme undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Société Internationale de Plantations d'Hévéas Société Anonyme. This is due to cash flow or dividend data being unavailable. The share price is €80.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Société Internationale de Plantations d'Hévéas Société Anonyme's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Société Internationale de Plantations d'Hévéas Société Anonyme's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTPA:SIPH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.29
ENXTPA:SIPH Share Price ** ENXTPA (2019-07-15) in EUR €80
France Chemicals Industry PE Ratio Median Figure of 9 Publicly-Listed Chemicals Companies 21.43x
France Market PE Ratio Median Figure of 415 Publicly-Listed Companies 17.52x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Société Internationale de Plantations d'Hévéas Société Anonyme.

ENXTPA:SIPH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:SIPH Share Price ÷ EPS (both in EUR)

= 80 ÷ 0.29

279.8x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Société Internationale de Plantations d'Hévéas Société Anonyme is overvalued based on earnings compared to the FR Chemicals industry average.
  • Société Internationale de Plantations d'Hévéas Société Anonyme is overvalued based on earnings compared to the France market.
Price based on expected Growth
Does Société Internationale de Plantations d'Hévéas Société Anonyme's expected growth come at a high price?
Raw Data
ENXTPA:SIPH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 279.8x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
21.1%per year
France Chemicals Industry PEG Ratio Median Figure of 7 Publicly-Listed Chemicals Companies 2.44x
France Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.55x

*Line of best fit is calculated by linear regression .

ENXTPA:SIPH PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 279.8x ÷ 21.1%

13.27x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Société Internationale de Plantations d'Hévéas Société Anonyme is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Société Internationale de Plantations d'Hévéas Société Anonyme's assets?
Raw Data
ENXTPA:SIPH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €30.55
ENXTPA:SIPH Share Price * ENXTPA (2019-07-15) in EUR €80
France Chemicals Industry PB Ratio Median Figure of 17 Publicly-Listed Chemicals Companies 2x
France Market PB Ratio Median Figure of 613 Publicly-Listed Companies 1.47x
ENXTPA:SIPH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:SIPH Share Price ÷ Book Value per Share (both in EUR)

= 80 ÷ 30.55

2.62x

* Primary Listing of Société Internationale de Plantations d'Hévéas Société Anonyme.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Société Internationale de Plantations d'Hévéas Société Anonyme is overvalued based on assets compared to the FR Chemicals industry average.
X
Value checks
We assess Société Internationale de Plantations d'Hévéas Société Anonyme's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Chemicals industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Chemicals industry average (and greater than 0)? (1 check)
  5. Société Internationale de Plantations d'Hévéas Société Anonyme has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Société Internationale de Plantations d'Hévéas Société Anonyme expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Société Internationale de Plantations d'Hévéas Société Anonyme expected to grow at an attractive rate?
  • Société Internationale de Plantations d'Hévéas Société Anonyme's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • Société Internationale de Plantations d'Hévéas Société Anonyme's earnings growth is expected to exceed the France market average.
  • Société Internationale de Plantations d'Hévéas Société Anonyme's revenue growth is expected to exceed the France market average.
Annual Growth Rates Comparison
Raw Data
ENXTPA:SIPH Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTPA:SIPH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 21.1%
ENXTPA:SIPH Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 9.6%
France Chemicals Industry Earnings Growth Rate Market Cap Weighted Average 10%
France Chemicals Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
France Market Earnings Growth Rate Market Cap Weighted Average 12.7%
France Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ENXTPA:SIPH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTPA:SIPH Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 361 2 1
2019-12-31 344 -1 1
ENXTPA:SIPH Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 297 29 1
2018-09-30 305 43 6
2018-06-30 312 57 11
2018-03-31 332 68 18
2017-12-31 352 79 26
2017-09-30 342 66 25
2017-06-30 331 52 24
2017-03-31 300 32 15
2016-12-31 268 11 7
2016-09-30 258 16 0
2016-06-30 247 21 -6
2016-03-31 247 23 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Société Internationale de Plantations d'Hévéas Société Anonyme's earnings are expected to grow significantly at over 20% yearly.
  • Société Internationale de Plantations d'Hévéas Société Anonyme's revenue is expected to grow by 9.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ENXTPA:SIPH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Société Internationale de Plantations d'Hévéas Société Anonyme Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:SIPH Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.39 0.39 0.39 1.00
2019-12-31 -0.10 -0.10 -0.10 1.00
ENXTPA:SIPH Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.29
2018-09-30 1.26
2018-06-30 2.23
2018-03-31 3.65
2017-12-31 5.07
2017-09-30 4.91
2017-06-30 4.75
2017-03-31 3.06
2016-12-31 1.36
2016-09-30 0.06
2016-06-30 -1.23
2016-03-31 -0.83

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Société Internationale de Plantations d'Hévéas Société Anonyme will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Société Internationale de Plantations d'Hévéas Société Anonyme's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the France market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the France market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Société Internationale de Plantations d'Hévéas Société Anonyme has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Société Internationale de Plantations d'Hévéas Société Anonyme performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Société Internationale de Plantations d'Hévéas Société Anonyme's growth in the last year to its industry (Chemicals).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Société Internationale de Plantations d'Hévéas Société Anonyme has delivered over 20% year on year earnings growth in the past 5 years.
  • Société Internationale de Plantations d'Hévéas Société Anonyme's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Société Internationale de Plantations d'Hévéas Société Anonyme's 1-year earnings growth is negative, it can't be compared to the FR Chemicals industry average.
Earnings and Revenue History
Société Internationale de Plantations d'Hévéas Société Anonyme's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Société Internationale de Plantations d'Hévéas Société Anonyme Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:SIPH Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 297.04 1.45 29.64
2018-09-30 304.69 6.38 29.11
2018-06-30 312.34 11.31 28.58
2018-03-31 332.17 18.49 27.89
2017-12-31 352.01 25.67 27.20
2017-09-30 341.69 24.86 25.71
2017-06-30 331.36 24.05 24.22
2017-03-31 299.61 15.46 23.47
2016-12-31 267.87 6.87 22.72
2016-09-30 257.57 0.31 23.10
2016-06-30 247.28 -6.24 23.48
2016-03-31 247.13 -4.19 24.31
2015-12-31 246.99 -2.14 25.14
2015-09-30 238.34 -12.89 28.31
2015-06-30 229.69 -23.63 31.49
2015-03-31 239.91 -34.30 33.90
2014-12-31 250.13 -44.97 36.31
2014-09-30 276.26 -45.24 37.31
2014-06-30 302.38 -45.52 38.31
2014-03-31 333.73 -40.35 37.25
2013-12-31 365.08 -35.18 36.18
2013-09-30 395.40 -21.25 35.23
2013-06-30 425.73 -7.32 34.28
2013-03-31 422.54 6.69 33.62
2012-12-31 419.35 20.69 32.95
2012-09-30 428.87 40.51 32.53

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Société Internationale de Plantations d'Hévéas Société Anonyme has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Société Internationale de Plantations d'Hévéas Société Anonyme used its assets less efficiently than the FR Chemicals industry average last year based on Return on Assets.
  • Société Internationale de Plantations d'Hévéas Société Anonyme has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Société Internationale de Plantations d'Hévéas Société Anonyme's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Chemicals industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Société Internationale de Plantations d'Hévéas Société Anonyme has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Société Internationale de Plantations d'Hévéas Société Anonyme's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Société Internationale de Plantations d'Hévéas Société Anonyme's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Société Internationale de Plantations d'Hévéas Société Anonyme is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Société Internationale de Plantations d'Hévéas Société Anonyme's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Société Internationale de Plantations d'Hévéas Société Anonyme's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Société Internationale de Plantations d'Hévéas Société Anonyme Company Filings, last reported 6 months ago.

ENXTPA:SIPH Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 226.95 90.99 25.53
2018-09-30 226.95 90.99 25.53
2018-06-30 220.12 88.25 32.28
2018-03-31 220.12 88.25 32.28
2017-12-31 229.10 89.75 39.00
2017-09-30 229.10 89.75 39.00
2017-06-30 214.73 100.52 39.17
2017-03-31 214.73 100.52 39.17
2016-12-31 192.22 115.89 25.35
2016-09-30 192.22 115.89 25.35
2016-06-30 184.12 107.38 20.13
2016-03-31 184.12 107.38 20.13
2015-12-31 205.59 109.48 29.19
2015-09-30 205.59 109.48 29.19
2015-06-30 219.45 101.24 24.71
2015-03-31 219.45 101.24 24.71
2014-12-31 159.27 78.61 17.39
2014-09-30 159.27 78.61 17.39
2014-06-30 190.09 63.98 24.52
2014-03-31 190.09 63.98 24.52
2013-12-31 229.57 63.45 31.90
2013-09-30 229.57 63.45 31.90
2013-06-30 259.21 32.45 31.79
2013-03-31 259.21 32.45 31.79
2012-12-31 297.38 43.89 46.22
2012-09-30 297.38 43.89 46.22
  • Société Internationale de Plantations d'Hévéas Société Anonyme's level of debt (40.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (27.7% vs 40.1% today).
  • Debt is well covered by operating cash flow (31.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.6x coverage).
X
Financial health checks
We assess Société Internationale de Plantations d'Hévéas Société Anonyme's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Société Internationale de Plantations d'Hévéas Société Anonyme has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Société Internationale de Plantations d'Hévéas Société Anonyme's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.99%
Current annual income from Société Internationale de Plantations d'Hévéas Société Anonyme dividends. Estimated to be 0% next year.
If you bought €2,000 of Société Internationale de Plantations d'Hévéas Société Anonyme shares you are expected to receive €20 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Société Internationale de Plantations d'Hévéas Société Anonyme's pays a lower dividend yield than the bottom 25% of dividend payers in France (1.5%).
  • Société Internationale de Plantations d'Hévéas Société Anonyme's dividend is below the markets top 25% of dividend payers in France (4.41%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ENXTPA:SIPH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
France Chemicals Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 2.2%
France Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3%
France Minimum Threshold Dividend Yield 10th Percentile 0.9%
France Bottom 25% Dividend Yield 25th Percentile 1.5%
France Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ENXTPA:SIPH Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00
ENXTPA:SIPH Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-05-08 0.790 0.979
2018-04-25 0.790 0.953
2018-04-24 0.790 0.925
2014-04-25 0.980 2.946
2014-04-24 0.980 2.130
2013-04-29 4.000 7.418
2013-04-26 4.000 6.398
2012-04-27 8.000 12.096
2011-04-21 5.500 7.159
2010-06-28 3.000 3.907
2010-06-04 3.000 5.321
2010-04-19 3.000 5.244
2009-06-05 1.400 3.787

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Société Internationale de Plantations d'Hévéas Société Anonyme's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.4x coverage).
Future Payout to shareholders
  • No need to calculate the sustainability of Société Internationale de Plantations d'Hévéas Société Anonyme's dividends in 3 years as they are not expected to pay a notable one for France.
X
Income/ dividend checks
We assess Société Internationale de Plantations d'Hévéas Société Anonyme's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Société Internationale de Plantations d'Hévéas Société Anonyme afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Société Internationale de Plantations d'Hévéas Société Anonyme has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Société Internationale de Plantations d'Hévéas Société Anonyme's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bertrand Vignes
COMPENSATION €372,065
TENURE AS CEO 9.9 years
CEO Bio

Mr. Bertrand Vignes has been the Chief Executive Officer at Société Internationale de Plantations d'Hévéas Société Anonyme since August 31, 2009. Mr. Vignes serves as a Director of Ghana Rubber Estates Limited.

CEO Compensation
  • Bertrand's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Bertrand's remuneration is about average for companies of similar size in France.
Management Team

Bertrand Vignes

TITLE
CEO & MD
COMPENSATION
€372K
TENURE
9.9 yrs

Frédérique Varennes

TITLE
Company Secretary & Permanent Representative Director
COMPENSATION
€240K
AGE
59
TENURE
7.8 yrs
Board of Directors Tenure

Average tenure and age of the Société Internationale de Plantations d'Hévéas Société Anonyme board of directors in years:

8.1
Average Tenure
50.5
Average Age
  • The tenure for the Société Internationale de Plantations d'Hévéas Société Anonyme board of directors is about average.
Board of Directors

Pierre Billon

TITLE
Chairman of the Board
COMPENSATION
€25K
AGE
49
TENURE
6.6 yrs

Frédérique Varennes

TITLE
Company Secretary & Permanent Representative Director
COMPENSATION
€240K
AGE
59
TENURE
8.1 yrs

Olivier de Saint Seine

TITLE
Independent Director
COMPENSATION
€6K
AGE
73
TENURE
4.1 yrs

Thierry Serres

TITLE
Representative Director
COMPENSATION
€8K
AGE
49
TENURE
12.8 yrs

Bernard Diguet

TITLE
Independent Censor
TENURE
9.1 yrs

Alassane Doumbia

TITLE
Director
COMPENSATION
€48K
AGE
43
TENURE
8.1 yrs

Lucie Barry-Tannous

TITLE
Permanent Representative Director
COMPENSATION
€6K
AGE
52
TENURE
8.1 yrs

Carine Damois

TITLE
Representative Director
COMPENSATION
€8K
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Société Internationale de Plantations d'Hévéas Société Anonyme's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Société Internationale de Plantations d'Hévéas Société Anonyme has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Should You Be Worried About Société Internationale de Plantations d'Hévéas Société Anonyme's (EPA:SIPH) 7.2% Return On Equity?

By way of learning-by-doing, we'll look at ROE to gain a better understanding Société Internationale de Plantations d'Hévéas Société Anonyme (EPA:SIPH). … Our data shows Société Internationale de Plantations d'Hévéas Société Anonyme has a return on equity of 7.2% for the last year. … View our latest analysis for Société Internationale de Plantations d'Hévéas Société Anonyme?

Simply Wall St -

What You Must Know About Société Internationale de Plantations d'Hévéas Société Anonyme's (EPA:SIPH) Market Risks

If you are a shareholder in Société Internationale de Plantations d'Hévéas Société Anonyme’s (EPA:SIPH), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. … The other type of risk, which cannot be diversified away, is market risk. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few.

Simply Wall St -

What does Société Internationale de Plantations d'Hévéas Société Anonyme's (EPA:SIPH) Balance Sheet Tell Us About Its Future?

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

Is It The Right Time To Buy Société Internationale de Plantations d'Hévéas Société Anonyme (ENXTPA:SIPH)?

Let’s take a look at Société Internationale de Plantations d'Hévéas Société Anonyme’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change? … Check out our latest analysis for Société Internationale de Plantations d'Hévéas Société Anonyme … What does the future of Société Internationale de Plantations d'Hévéas Société Anonyme look like

Simply Wall St -

What Investors Should Know About Société Internationale de Plantations d'Hévéas Société Anonyme's (EPA:SIPH) Financial Strength

Moreover, SIPH has generated cash from operations of €78.96M during the same period of time, resulting in an operating cash to total debt ratio of 87.97%, indicating that SIPH’s debt is appropriately covered by operating cash. … We can check to see whether SIPH is able to meet its debt obligations by looking at the net interest coverage ratio. … In SIPH's, case, the ratio of 14.07x suggests that interest is comfortably covered, which means that debtors may be willing to loan the company more money, giving SIPH ample headroom to grow its debt facilities.Next Steps: SIPH’s debt level is appropriate for a company its size, and it is also able to generate sufficient cash flow coverage, meaning it has been able to put its debt in good use.

Simply Wall St -

My Concerns Around Société Internationale de Plantations d'Hévéas Société Anonyme (EPA:SIPH)

Société Internationale de Plantations d'Hévéas Société Anonyme (ENXTPA:SIPH) is a company I've been following for a while, and the biggest I see is around the sustainability of the business going forward. … Société Internationale de Plantations d'Hévéas Société Anonyme produces and markets natural rubber for tire manufacturers in Africa and France. … Société Internationale de Plantations d'Hévéas Société Anonyme's balance sheet is healthy, with high levels of cash generated from its core operating activities (0.52x debt) able to service its borrowings.

Simply Wall St -

Why Société Internationale de Plantations d'Hévéas Société Anonyme (EPA:SIPH) Could Be A Buy

I find that Société Internationale de Plantations d'Hévéas Société Anonyme’s ratio of 17.98x is trading slightly above its industry peers’ ratio of 15.88x, which means if you buy Société Internationale de Plantations d'Hévéas Société Anonyme today, you’d be paying a relatively fair price for it. … Furthermore, it seems like Société Internationale de Plantations d'Hévéas Société Anonyme’s share price is quite stable, which means there may be less chances to buy low in the future now that it’s fairly valued. … What does the future of Société Internationale de Plantations d'Hévéas Société Anonyme look like?

Simply Wall St -

Is Société Internationale de Plantations d'Hévéas Société Anonyme (EPA:SIPH) A Sell At Its Current PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for SIPH Price per share = €85.5 Earnings per share = €4.755 ∴ Price-Earnings Ratio = €85.5 ÷ €4.755 = 18x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you accidentally compared lower growth firms with SIPH, then SIPH’s P/E would naturally be higher since investors would reward SIPH’s higher growth with a higher price. … Alternatively, if you inadvertently compared riskier firms with SIPH, SIPH’s P/E would again be higher since investors would reward SIPH’s lower risk with a higher price as well.

Simply Wall St -

Company Info

Description

Société Internationale de Plantations d'Hévéas Société Anonyme cultivates, harvests, processes, and markets natural rubber to the tyre industry in West Africa. Its rubber plantations are located in Ivory Coast, Ghana, Nigeria, and Liberia. The company also sells its products in Europe, Asia, North America, and South Africa. Société Internationale de Plantations d'Hévéas Société Anonyme was founded in 1905 and is based in Courbevoie, France. Société Internationale de Plantations d'Hévéas Société Anonyme is a subsidiary of SIFCA SARL.

Details
Name: Société Internationale de Plantations d'Hévéas Société Anonyme
SIPH
Exchange: ENXTPA
Founded: 1905
€404,863,200
5,060,790
Website: http://www.siph.com
Address: Société Internationale de Plantations d'Hévéas Société Anonyme
53, rue du Capitaine Guynemer,
Courbevoie,
Ile-de-France, 92400,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA SIPH Ordinary Shares Euronext Paris FR EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
9,676
Société Internationale de Plantations d'Hévéas Société Anonyme employees.
Industry
Commodity Chemicals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/15 20:42
End of day share price update: 2019/07/15 00:00
Last estimates confirmation: 2019/04/30
Last earnings filing: 2019/04/30
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.