| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
SOM Stock Overview
Somero Enterprises, Inc., together with its subsidiaries, designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment worldwide.
Somero Enterprises Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£3.90 |
| 52 Week High | UK£6.10 |
| 52 Week Low | UK£3.50 |
| Beta | 1.01 |
| 1 Month Change | -1.27% |
| 3 Month Change | -19.59% |
| 1 Year Change | -13.33% |
| 3 Year Change | 34.48% |
| 5 Year Change | 32.20% |
| Change since IPO | 196.58% |
Recent News & Updates
Shareholder Returns
| SOM | GB Machinery | GB Market | |
|---|---|---|---|
| 7D | 0% | -0.1% | -1.1% |
| 1Y | -13.3% | -27.8% | -9.7% |
Return vs Industry: SOM exceeded the UK Machinery industry which returned -27.8% over the past year.
Return vs Market: SOM underperformed the UK Market which returned -9.7% over the past year.
Price Volatility
| SOM volatility | |
|---|---|
| SOM Average Weekly Movement | 5.0% |
| Machinery Industry Average Movement | 4.9% |
| Market Average Movement | 5.4% |
| 10% most volatile stocks in GB Market | 10.6% |
| 10% least volatile stocks in GB Market | 2.8% |
Stable Share Price: SOM is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SOM's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | n/a | Jack Cooney | https://www.somero.com |
Somero Enterprises, Inc., together with its subsidiaries, designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment worldwide. It also offers related parts and accessories, as well as provides training services. The company’s proprietary products include the CopperHead, Mini Screed C, S-485 Laser Screed, S-940 Laser Screed, S-22EZ Advanced Laser Screed, S-15R Laser Screed, S-10A Laser Screed, S-158C Laser Screed, and S-22E Laser Screed machines, as well as the 3-D Profiler System software and the Somero Floor Levelness System.
Somero Enterprises Fundamentals Summary
| SOM fundamental statistics | |
|---|---|
| Market Cap | US$262.54m |
| Earnings (TTM) | US$34.83m |
| Revenue (TTM) | US$133.33m |
7.5x
P/E Ratio2.0x
P/S RatioIs SOM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOM income statement (TTM) | |
|---|---|
| Revenue | US$133.33m |
| Cost of Revenue | US$56.45m |
| Gross Profit | US$76.88m |
| Other Expenses | US$42.05m |
| Earnings | US$34.83m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.62 |
| Gross Margin | 57.66% |
| Net Profit Margin | 26.12% |
| Debt/Equity Ratio | 0% |
How did SOM perform over the long term?
See historical performance and comparisonDividends
10.8%
Current Dividend Yield50%
Payout RatioValuation
Is SOM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SOM?
Other financial metrics that can be useful for relative valuation.
| What is SOM's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$262.54m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.7x |
| Enterprise Value/EBITDA | 4.9x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does SOM's PE Ratio compare to its peers?
| SOM PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 18.9x | ||
MCON Mincon Group | 17.2x | 6.7% | UK£216.7m |
GDWN Goodwin | 14.5x | n/a | UK£201.1m |
PRV Porvair | 22.8x | 5.5% | UK£272.5m |
LSC London Security | 21.2x | n/a | UK£423.0m |
SOM Somero Enterprises | 7.5x | n/a | UK£218.2m |
Price-To-Earnings vs Peers: SOM is good value based on its Price-To-Earnings Ratio (7.5x) compared to the peer average (18.9x).
Price to Earnings Ratio vs Industry
How does SOM's PE Ratio compare vs other companies in the European Machinery Industry?
Price-To-Earnings vs Industry: SOM is good value based on its Price-To-Earnings Ratio (7.5x) compared to the UK Machinery industry average (16.8x)
Price to Earnings Ratio vs Fair Ratio
What is SOM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 7.5x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SOM's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SOM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SOM (£3.9) is trading below our estimate of fair value (£8.65)
Significantly Below Fair Value: SOM is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SOM's PEG Ratio to determine if it is good value.
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Future Growth
How is Somero Enterprises forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
10.7%
Forecasted Capital Goods industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if SOM's forecast earnings growth is above the savings rate (0.9%).
Earnings vs Market: Insufficient data to determine if SOM's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if SOM's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if SOM's revenue is forecast to grow faster than the UK market.
High Growth Revenue: Insufficient data to determine if SOM's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SOM's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Somero Enterprises performed over the past 5 years?
Past Performance Score
6/6Past Performance Score 6/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
12.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SOM has high quality earnings.
Growing Profit Margin: SOM's current net profit margins (26.1%) are higher than last year (21.2%).
Past Earnings Growth Analysis
Earnings Trend: SOM's earnings have grown by 12.8% per year over the past 5 years.
Accelerating Growth: SOM's earnings growth over the past year (85.5%) exceeds its 5-year average (12.8% per year).
Earnings vs Industry: SOM earnings growth over the past year (85.5%) exceeded the Machinery industry 54.3%.
Return on Equity
High ROE: SOM's Return on Equity (46%) is considered outstanding.
Discover strong past performing companies
Financial Health
How is Somero Enterprises's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SOM's short term assets ($68.1M) exceed its short term liabilities ($17.9M).
Long Term Liabilities: SOM's short term assets ($68.1M) exceed its long term liabilities ($3.7M).
Debt to Equity History and Analysis
Debt Level: SOM is debt free.
Reducing Debt: SOM has no debt compared to 5 years ago when its debt to equity ratio was 2%.
Debt Coverage: SOM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SOM has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Somero Enterprises's current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
10.81%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SOM's dividend (10.81%) is higher than the bottom 25% of dividend payers in the UK market (1.89%).
High Dividend: SOM's dividend (10.81%) is in the top 25% of dividend payers in the UK market (5.29%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SOM has been paying a dividend for less than 10 years.
Growing Dividend: SOM's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (50%), SOM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (92.5%), SOM's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Jack Cooney (75 yo)
24.58yrs
Tenure
US$777,885
Compensation
Mr. John Thomas Cooney, also known as Jack, has been the Chief Executive Officer of Somero Enterprises Inc. since December 1997 and served as its President until January 04, 2022. He is the Chief Executive...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Jack's total compensation is reasonable compared to companies of similar size in the UK market.
Compensation vs Earnings: Jack's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: SOM's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Experienced Board: SOM's board of directors are considered experienced (7.6 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Somero Enterprises, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Somero Enterprises, Inc.
- Ticker: SOM
- Exchange: AIM
- Founded: 1985
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Implied Market Cap: UK£218.233m
- Shares outstanding: 55.96m
- Website: https://www.somero.com
Number of Employees
Location
- Somero Enterprises, Inc.
- 14530 Global Parkway
- Fort Myers
- Florida
- 33913
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/03 00:00 |
| End of Day Share Price | 2022/07/01 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.