Market Cap
UK£256.1m
Last Updated
2020/05/31 21:04 UTC
Data Sources
Company Financials +
Executive Summary
Senior plc designs, manufactures, and markets high-technology components and systems for the principal original equipment producers in the aerospace, defense, land vehicle, and power and energy markets worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with excellent balance sheet.
Similar Companies
Share Price & News
How has Senior's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SNR's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
13.6%
SNR
1.2%
GB Aerospace & Defense
2.0%
GB Market
1 Year Return
-73.0%
SNR
0.1%
GB Aerospace & Defense
-12.8%
GB Market
Return vs Industry: SNR underperformed the UK Aerospace & Defense industry which returned 0.1% over the past year.
Return vs Market: SNR underperformed the UK Market which returned -12.5% over the past year.
Shareholder returns
| SNR | Industry | Market | |
|---|---|---|---|
| 7 Day | 13.6% | 1.2% | 2.0% |
| 30 Day | 3.8% | -0.8% | 5.7% |
| 90 Day | -57.9% | -21.4% | -8.2% |
| 1 Year | -72.7%-73.0% | 1.7%0.1% | -8.6%-12.8% |
| 3 Year | -72.1%-73.8% | -17.7%-24.6% | -6.2%-17.6% |
| 5 Year | -77.9%-80.5% | 9.5%-6.7% | 12.7%-12.5% |
Price Volatility Vs. Market
How volatile is Senior's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Why Senior plc’s (LON:SNR) Return On Capital Employed Might Be A Concern3 weeks ago | Simply Wall St
What Kind Of Shareholder Owns Most Senior plc (LON:SNR) Stock?1 month ago | Simply Wall St
Is Senior plc (LON:SNR) Overpaying Its CEO?Valuation
Is Senior undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SNR (£0.62) is trading below our estimate of fair value (£2.14)
Significantly Below Fair Value: SNR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SNR is good value based on its PE Ratio (8.8x) compared to the Aerospace & Defense industry average (18.8x).
PE vs Market: SNR is good value based on its PE Ratio (8.8x) compared to the UK market (14.7x).
Price to Earnings Growth Ratio
PEG Ratio: SNR is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: SNR is good value based on its PB Ratio (0.5x) compared to the GB Aerospace & Defense industry average (1.9x).
Next Steps
Future Growth
How is Senior forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
24.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SNR's forecast earnings growth (24.5% per year) is above the savings rate (1.2%).
Earnings vs Market: SNR's earnings (24.5% per year) are forecast to grow faster than the UK market (20.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SNR's revenue is expected to decline over the next 3 years (-2.3% per year).
High Growth Revenue: SNR's revenue is forecast to decline over the next 3 years (-2.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SNR's Return on Equity is forecast to be low in 3 years time (6.8%).
Next Steps
Past Performance
How has Senior performed over the past 5 years?
-4.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SNR has a large one-off loss of £22.0M impacting its December 31 2019 financial results.
Growing Profit Margin: SNR's current net profit margins (2.6%) are lower than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: SNR's earnings have declined by -4.6% per year over the past 5 years.
Accelerating Growth: SNR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SNR had negative earnings growth (-45.4%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (8.3%).
Return on Equity
High ROE: SNR's Return on Equity (5.2%) is considered low.
Next Steps
Financial Health
How is Senior's financial position?
Financial Position Analysis
Short Term Liabilities: SNR's short term assets (£322.2M) exceed its short term liabilities (£219.7M).
Long Term Liabilities: SNR's short term assets (£322.2M) exceed its long term liabilities (£276.6M).
Debt to Equity History and Analysis
Debt Level: SNR's debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: SNR's debt to equity ratio has increased from 28.7% to 28.9% over the past 5 years.
Debt Coverage: SNR's debt is well covered by operating cash flow (71.7%).
Interest Coverage: SNR's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Senior's current dividend yield, its reliability and sustainability?
4.25%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SNR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SNR'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 SNR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SNR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SNR is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SNR's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
David Squires (55yo)
4.83yrs
Tenure
UK£1,241,000
Compensation
Mr. David Squires has been the Group Chief Executive of Senior plc since June 1, 2015 and its Executive Director since May 1, 2015. Mr. Squires started his career in the oil industry working for Shell; how ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD1.53M) is above average for companies of similar size in the UK market ($USD927.10K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | 4.83yrs | UK£1.24m | 0.059% £151.5k | |
| Group Finance Director & Executive Director | 3yrs | UK£813.00k | 0.021% £53.5k | |
| Director of Risk & Compliance | 1.58yrs | no data | no data | |
| Group Human Resource Director | 4yrs | no data | no data | |
| Chief Executive of the Flexonics | no data | no data | 0.034% £87.4k | |
| Group Company Secretary | 18.33yrs | no data | 0.080% £206.0k | |
| Chief Executive of Aerospace Fluid Systems | 11.58yrs | no data | 0.016% £39.9k | |
| Chief Executive of Aerospace Structures | 3.17yrs | no data | no data |
4.0yrs
Average Tenure
Experienced Management: SNR's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Executive Director | 4.83yrs | UK£1.24m | 0.059% £151.5k | |
| Group Finance Director & Executive Director | 3yrs | UK£813.00k | 0.021% £53.5k | |
| Senior Independent Non-executive Director | 1yr | UK£68.00k | 0.0042% £10.9k | |
| Independent Non-Executive Director | 6.58yrs | UK£61.00k | 0.0024% £6.2k | |
| Independent Chairman | 2yrs | UK£186.00k | 0.014% £35.5k | |
| Independent Non-Executive Director | 4.33yrs | UK£52.00k | 0.0014% £3.7k | |
| Independent Non-Executive Director | 1.33yrs | UK£52.00k | no data |
3.0yrs
Average Tenure
58yo
Average Age
Experienced Board: SNR's board of directors are considered experienced (3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SNR insiders have sold more shares than they have bought 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
Senior plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Senior plc
- Ticker: SNR
- Exchange: LSE
- Founded: 1933
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: UK£256.123m
- Shares outstanding: 413.10m
- Website: https://www.seniorplc.com
Number of Employees
Location
- Senior plc
- 59/61 High Street
- Rickmansworth
- Hertfordshire
- WD3 1RH
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SNR | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| SNIR.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| SNRL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
Biography
Senior plc designs, manufactures, and markets high-technology components and systems for the principal original equipment producers in the aerospace, defense, land vehicle, and power and energy markets worldwide. The company operates in two divisions, Aerospace and Flexonics. The Aerospace division offers high-pressure and low-pressure engineered ducting systems, engineered control bellows, assemblies, and sensors; precision-machined and fabricated engine components; fluid systems ducting and control products; and precision-machined airframe components and assemblies. The Flexonics division provides exhaust gas recycling coolers, fuel mixing and distribution systems, and flexible couplings; and engineered expansion joints, dampers and diverters, flexible hose assemblies and control bellows, fuel cells and heat exchangers, and precision-machined components. The company was formerly known as Senior Engineering Group plc and changed its name to Senior plc in 1999. Senior plc was incorporated in 1933 and is based in Rickmansworth, the United Kingdom.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/31 21:04 |
| End of Day Share Price | 2020/05/29 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.