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

SOMM is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.6x).

How does SOMM's PS Ratio compare vs other companies in the European Building Industry?

SOMM is good value based on its Price-To-Sales Ratio (0.3x) compared to the European Building industry average (0.9x).

What is SOMM'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.

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

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

SOMM (€15.9) is trading below our estimate of [[fair value]] (€31.75)

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

Insufficient data to show price forecast.

SOMM Stock Overview

Somec S.p.A. engineers, designs, and deploys turnkey projects in the civil and naval engineering in Italy, rest of Europe, North America, and internationally. More details

SOMM fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	5/6
Past Performance	0/6
Financial Health	1/6
Dividends	1/6

Rewards

Trading at 49.9% below our estimate of its fair value

Earnings are forecast to grow 70.27% per year

Risk Analysis

Debt is not well covered by operating cash flow

Shares are highly illiquid

Dividend of 4.76% is not well covered by earnings or free cash flows

My Notes

Capture your thoughts, links and company narrative

Somec S.p.A. Competitors

Alumasc Group

AIM:ALU

UK£114.2m

Epwin Group

AIM:EPWN

UK£134.0m

Eurocell

LSE:ECEL

UK£176.4m

Norcros

LSE:NXR

UK£231.7m

Price History & Performance

Summary of share price highs, lows and changes for Somec
Historical stock prices
Current Share Price	€15.90
52 Week High	€15.90
52 Week Low	€15.90
Beta	1.68
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-54.89%

Recent updates

Shareholder Returns

	SOMM	GB Building	GB Market
7D	0%	-2.9%	0.6%
1Y	n/a	7.6%	4.6%

Return vs Industry: Insufficient data to determine how SOMM performed against the UK Building industry.

Return vs Market: Insufficient data to determine how SOMM performed against the UK Market.

Price Volatility

Is SOMM's price volatile compared to industry and market?
SOMM volatility
SOMM Average Weekly Movement	n/a
Building Industry Average Movement	4.0%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.6%
10% least volatile stocks in GB Market	2.5%

Stable Share Price: SOMM has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine SOMM's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1978	1,031	Oscar Marchetto	www.somecgruppo.com

Somec S.p.A. engineers, designs, and deploys turnkey projects in the civil and naval engineering in Italy, rest of Europe, North America, and internationally. It operates through three segments: Engineered Systems for Naval Architecture and Building Façades; Professional Kitchen Systems and Products; and Design and Production of Bespoke Interiors. The company is involved in the construction projects of naval enclosures and glazing and architectural solutions for large cruise ships, complete construction projects of curtain walls, and glazed enclosures for civil engineering; and professional kitchen systems integrated with on-board facilities of cruise ships, large customized professional kitchen systems for catering and hospitality, monoblocs and customized cooking suites, and professional products for vertical cooking and cold chain.

Somec S.p.A. Fundamentals Summary

How do Somec's earnings and revenue compare to its market cap?
SOMM fundamental statistics
Market cap	€115.72m
Earnings (TTM)	-€11.65m
Revenue (TTM)	€370.17m

0.3x

P/S Ratio

-9.9x

P/E Ratio

Is SOMM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOMM income statement (TTM)
Revenue	€370.17m
Cost of Revenue	€167.05m
Gross Profit	€203.12m
Other Expenses	€214.77m
Earnings	-€11.65m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Sep 23, 2024

Earnings per share (EPS)	-1.69
Gross Margin	54.87%
Net Profit Margin	-3.15%
Debt/Equity Ratio	529.1%

How did SOMM perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

-71%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/09/07 05:41
End of Day Share Price	2024/06/10 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Somec S.p.A. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mario Coppola	Intermonte SIM S.p.A.
Francesco Brilli	Intermonte SIM S.p.A.
Renato Gargiulo	Stifel, Equities Research

Somec BATS-CHIXE:SOMM Stock Report