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SAE

SIMEC Atlantis Energy AIM:SAE Stock Report

Last Price

UK£0.016

Market Cap

UK£11.7m

7D

-10.9%

1Y

-38.0%

Updated

29 Sep, 2022

Data

Company Financials
SAE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

SAE Stock Overview

SIMEC Atlantis Energy Limited engages in the design, construction, installation, testing, operation, and maintenance of power projects in the United Kingdom and Japan.

SIMEC Atlantis Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SIMEC Atlantis Energy
Historical stock prices
Current Share PriceUK£0.016
52 Week HighUK£0.037
52 Week LowUK£0.0097
Beta1.46
1 Month Change-14.49%
3 Month Change29.14%
1 Year Change-37.96%
3 Year Change-83.08%
5 Year Change-95.84%
Change since IPO-98.35%

Recent News & Updates

Shareholder Returns

SAEGB ElectricalGB Market
7D-10.9%-8.4%-3.5%
1Y-38.0%-60.0%-14.9%

Return vs Industry: SAE exceeded the UK Electrical industry which returned -60.1% over the past year.

Return vs Market: SAE underperformed the UK Market which returned -14.5% over the past year.

Price Volatility

Is SAE's price volatile compared to industry and market?
SAE volatility
SAE Average Weekly Movement28.8%
Electrical Industry Average Movement9.5%
Market Average Movement5.3%
10% most volatile stocks in GB Market10.7%
10% least volatile stocks in GB Market2.7%

Stable Share Price: SAE is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 29% a week.

Volatility Over Time: SAE's weekly volatility has increased from 23% to 29% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200581Graham Reidhttps://www.simecatlantis.com

SIMEC Atlantis Energy Limited engages in the design, construction, installation, testing, operation, and maintenance of power projects in the United Kingdom and Japan. The company operates through three segments: Power Generation, Turbine and Engineering Service, and Project Development. It is involved in the tidal power generation; designs, supply, and maintenance of tidal turbines and subsea connection equipment; hydro development; and provision of offshore and onshore construction services.

SIMEC Atlantis Energy Fundamentals Summary

How do SIMEC Atlantis Energy's earnings and revenue compare to its market cap?
SAE fundamental statistics
Market CapUK£11.75m
Earnings (TTM)-UK£67.62m
Revenue (TTM)UK£7.51m

1.5x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SAE income statement (TTM)
RevenueUK£7.51m
Cost of RevenueUK£6.56m
Gross ProfitUK£949.00k
Other ExpensesUK£68.57m
Earnings-UK£67.62m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.094
Gross Margin12.63%
Net Profit Margin-900.32%
Debt/Equity Ratio292.6%

How did SAE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SAE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SAE?

Other financial metrics that can be useful for relative valuation.

SAE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue7.9x
Enterprise Value/EBITDA-6.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does SAE's PS Ratio compare to its peers?

SAE PS Ratio vs Peers
The above table shows the PS ratio for SAE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average6.9x
IES Invinity Energy Systems
10x54.6%UK£33.7m
LOAD Crestchic
2.5x15.4%UK£73.8m
AMTE AMTE Power
12.8x65.1%UK£23.6m
CKT Checkit
2.1x19.4%UK£22.7m
SAE SIMEC Atlantis Energy
1.6xn/aUK£11.7m

Price-To-Sales vs Peers: SAE is good value based on its Price-To-Sales Ratio (1.6x) compared to the peer average (7x).


Price to Earnings Ratio vs Industry

How does SAE's PE Ratio compare vs other companies in the GB Electrical Industry?

Price-To-Sales vs Industry: SAE is good value based on its Price-To-Sales Ratio (1.6x) compared to the UK Electrical industry average (1.9x)


Price to Sales Ratio vs Fair Ratio

What is SAE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SAE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate SAE's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SAE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate SAE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SAE's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is SIMEC Atlantis Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


35.5%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SIMEC Atlantis Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Take a look at our analysis of SAE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • SIMEC Atlantis Energy competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has SIMEC Atlantis Energy performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-31.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SAE is currently unprofitable.

Growing Profit Margin: SAE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SAE is unprofitable, and losses have increased over the past 5 years at a rate of 31.1% per year.

Accelerating Growth: Unable to compare SAE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SAE is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (14.2%).


Return on Equity

High ROE: SAE has a negative Return on Equity (-429.04%), as it is currently unprofitable.


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Financial Health

How is SIMEC Atlantis Energy's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SAE's short term assets (£5.1M) do not cover its short term liabilities (£12.3M).

Long Term Liabilities: SAE's short term assets (£5.1M) do not cover its long term liabilities (£58.9M).


Debt to Equity History and Analysis

Debt Level: SAE's net debt to equity ratio (269.7%) is considered high.

Reducing Debt: SAE's debt to equity ratio has increased from 48.6% to 292.6% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SAE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SAE has less than a year of cash runway if free cash flow continues to grow at historical rates of 20.4% each year.


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Dividend

What is SIMEC Atlantis Energy current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

SIMEC Atlantis Energy Dividend Yield vs Market
How does SIMEC Atlantis Energy dividend yield compare to the market?
SegmentDividend Yield
Company (SIMEC Atlantis Energy)n/a
Market Bottom 25% (GB)2.1%
Market Top 25% (GB)6.1%
Industry Average (Electrical)2.7%
Analyst forecast in 3 Years (SIMEC Atlantis Energy)n/a

Notable Dividend: Unable to evaluate SAE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SAE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SAE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SAE's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SAE has not reported any payouts.


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Management

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

0.7yrs

Average management tenure


CEO

Graham Reid (60 yo)

1.67yrs

Tenure

Mr. Graham Matthew Reid, BSc (Hons), FICE, serves as Chief Executive Officer and Executive Director at SIMEC Atlantis Energy Limited since January 18, 2021. Mr. Reid served as Chief Executive Officer of Ar...


Leadership Team

Experienced Management: SAE's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: SAE's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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

What is the ownership structure of SAE?
Owner TypeNumber of SharesOwnership Percentage
Institutions101,291,27514.0%
General Public621,521,06086.0%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 32.1%.


Top Shareholders

Top 3 shareholders own 14.01% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
4.87%
Janus Henderson Group plc
35,186,859£556.7k0%no data
4.58%
Hargreave Hale Limited, Asset Management Arm
33,104,426£523.7k0%0.02%
4.57%
Morgan Stanley, Investment Banking and Brokerage Investments
32,999,990£522.1k0%no data

Company Information

SIMEC Atlantis Energy Limited's employee growth, exchange listings and data sources


Key Information

  • Name: SIMEC Atlantis Energy Limited
  • Ticker: SAE
  • Exchange: AIM
  • Founded: 2005
  • Industry: Heavy Electrical Equipment
  • Sector: Capital Goods
  • Implied Market Cap: UK£11.746m
  • Shares outstanding: 722.81m
  • Website: https://www.simecatlantis.com

Number of Employees


Location

  • SIMEC Atlantis Energy Limited
  • Edinburgh Quay 2
  • 4th Floor
  • Edinburgh
  • EH3 9QG
  • United Kingdom


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SAEAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPFeb 2014
SMAY.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDFeb 2014
7K8BST (Boerse-Stuttgart)YesOrdinary SharesDEEURFeb 2014
7K8DB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 2014

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/29 00:00
End of Day Share Price2022/09/29 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.