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£3.95|
|52 Week High||UK£6.10|
|52 Week Low||UK£3.50|
|1 Month Change||-11.24%|
|3 Month Change||1.28%|
|1 Year Change||-22.55%|
|3 Year Change||104.13%|
|5 Year Change||37.11%|
|Change since IPO||200.38%|
Recent News & Updates
|SOM||GB Machinery||GB Market|
Return vs Industry: SOM exceeded the UK Machinery industry which returned -26.7% over the past year.
Return vs Market: SOM underperformed the UK Market which returned -14.4% over the past year.
|SOM Average Weekly Movement||5.3%|
|Machinery Industry Average Movement||5.3%|
|Market Average Movement||5.5%|
|10% most volatile stocks in GB Market||10.7%|
|10% least volatile stocks in GB Market||2.9%|
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
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|
Is SOM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SOM income statement (TTM)|
|Cost of Revenue||US$58.35m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.61|
|Net Profit Margin||24.76%|
How did SOM perform over the long term?See historical performance and comparison
11.4%Current Dividend Yield
Is SOM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
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?|
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|
MCON Mincon Group
LSC London Security
SOM Somero Enterprises
Price-To-Earnings vs Peers: SOM is good value based on its Price-To-Earnings Ratio (7.4x) compared to the peer average (17.4x).
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 (7.4x) compared to the European Machinery industry average (14.3x)
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.
|Current PE Ratio||7.4x|
|Fair PE Ratio||13.6x|
Price-To-Earnings vs Fair Ratio: SOM is good value based on its Price-To-Earnings Ratio (7.4x) compared to the estimated Fair Price-To-Earnings Ratio (13.6x).
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 (£3.95) is trading below our estimate of fair value (£10.3)
Significantly Below Fair Value: SOM is trading below fair value by more than 20%.
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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How is Somero Enterprises forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SOM's earnings are forecast to decline over the next 3 years (-1.7% per year).
Earnings vs Market: SOM's earnings are forecast to decline over the next 3 years (-1.7% per year).
High Growth Earnings: SOM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SOM's revenue (0.6% per year) is forecast to grow slower than the UK market (4.4% per year).
High Growth Revenue: SOM's revenue (0.6% per year) is forecast to grow slower 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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How has Somero Enterprises performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SOM has a high level of non-cash earnings.
Growing Profit Margin: SOM's current net profit margins (24.8%) are lower than last year (26.6%).
Past Earnings Growth Analysis
Earnings Trend: SOM's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: SOM's earnings growth over the past year (8.6%) is below its 5-year average (14.2% per year).
Earnings vs Industry: SOM earnings growth over the past year (8.6%) underperformed the Machinery industry 17.5%.
Return on Equity
High ROE: SOM's Return on Equity (49.8%) is considered outstanding.
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How is Somero Enterprises's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SOM's short term assets ($58.9M) exceed its short term liabilities ($18.3M).
Long Term Liabilities: SOM's short term assets ($58.9M) exceed its long term liabilities ($3.4M).
Debt to Equity History and Analysis
Debt Level: SOM is debt free.
Reducing Debt: SOM had no debt 5 years ago.
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.
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What is Somero Enterprises's current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Somero Enterprises Dividend Yield vs Market|
|Company (Somero Enterprises)||11.4%|
|Market Bottom 25% (GB)||2.1%|
|Market Top 25% (GB)||5.9%|
|Industry Average (Machinery)||2.3%|
|Analyst forecast in 3 Years (Somero Enterprises)||10.2%|
Notable Dividend: SOM's dividend (11.45%) is higher than the bottom 25% of dividend payers in the UK market (2.08%).
High Dividend: SOM's dividend (11.45%) is in the top 25% of dividend payers in the UK market (6.02%)
Stability and Growth of Payments
Stable Dividend: SOM's dividends per share have been stable in the past 10 years.
Growing Dividend: SOM's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.8%), SOM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (111.6%), SOM's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jack Cooney (75 yo)
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
|Jack Cooney's Compensation vs Somero Enterprises Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$929k||US$502k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$778k||US$488k|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||US$580k||US$464k|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||US$746k||US$464k|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||US$600k||US$442k|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||n/a||n/a|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||n/a||n/a|
|Dec 31 2015||US$937k||US$401k|
Compensation vs Market: Jack's total compensation ($USD928.71K) is above average for companies of similar size in the UK market ($USD713.33K).
Compensation vs Earnings: Jack's compensation has been consistent with company performance over the past year.
Experienced Management: SOM's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: SOM's board of directors are considered experienced (7.8 years average tenure).
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
|29 Mar 22||SellUK£146,718||Howard Hohmann||Individual||30,000||UK£4.91|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Somero Enterprises, Inc.'s employee growth, exchange listings and data sources
- Name: Somero Enterprises, Inc.
- Ticker: SOM
- Exchange: AIM
- Founded: 1985
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Implied Market Cap: UK£220.529m
- Shares outstanding: 55.83m
- Website: https://www.somero.com
Number of Employees
- Somero Enterprises, Inc.
- 14530 Global Parkway
- Fort Myers
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SOM||AIM (London Stock Exchange AIM Market)||Yes||Common Shares||GB||GBP||Nov 2006|
|SET||BST (Boerse-Stuttgart)||Yes||Common Shares||DE||EUR||Nov 2006|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/04 00:00|
|End of Day Share Price||2022/10/04 00:00|
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.