Sanne Group
Market Cap
UK£795.2m
Last Updated
2019/10/21 21:28 UTC
Data Sources
Company Financials +
Executive Summary
Sanne Group plc, provides fund, company, and trust administration services worldwide.
Snowflake
Fundamentals
High growth potential unattractive dividend payer.
Share Price & News
How has Sanne Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.0%
SNN
-0.5%
GB Capital Markets
0.2%
GB Market
1 Year Return
-6.6%
SNN
17.6%
GB Capital Markets
1.7%
GB Market
Return vs Industry: SNN underperformed the UK Capital Markets industry which returned 17.6% over the past year.
Return vs Market: SNN underperformed the UK Market which returned 1.7% over the past year.
Shareholder returns
| SNN | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.0% | -0.5% | 0.2% |
| 30 Day | -3.6% | -3.6% | -1.7% |
| 90 Day | -24.5% | 2.8% | -3.1% |
| 1 Year | -4.3%-6.6% | 20.5%17.6% | 6.7%1.7% |
| 3 Year | 7.5%1.5% | 76.8%64.3% | 17.7%3.1% |
| 5 Year | n/a | 148.5%119.0% | 36.1%5.5% |
Price Volatility Vs. Market
How volatile is Sanne Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Should You Buy Sanne Group plc (LON:SNN) For Its 2.6% Dividend?1 month ago | Simply Wall St
Don't Buy Sanne Group plc (LON:SNN) For Its Next Dividend Without Doing These Checks1 month ago | Simply Wall St
Read This Before Selling Sanne Group plc (LON:SNN) SharesValuation
Is Sanne Group undervalued compared to its fair value and its price relative to the market?
3.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SNN (£5.55) is trading below our estimate of fair value (£5.74)
Significantly Below Fair Value: SNN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SNN is poor value based on its PE Ratio (60.7x) compared to the Capital Markets industry average (19.3x).
PE vs Market: SNN is poor value based on its PE Ratio (60.7x) compared to the UK market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: SNN is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: SNN is overvalued based on its PB Ratio (4.3x) compared to the GB Capital Markets industry average (1.3x).
Next Steps
Future Growth
How is Sanne Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
33.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SNN's forecast earnings growth (33.3% per year) is above the savings rate (1.2%).
Earnings vs Market: SNN's earnings (33.3% per year) are forecast to grow faster than the UK market (12.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SNN's revenue (9.3% per year) is forecast to grow faster than the UK market (3.9% per year).
High Growth Revenue: SNN's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SNN's Return on Equity is forecast to be high in 3 years time (21.3%)
Next Steps
Past Performance
How has Sanne Group performed over the past 5 years?
33.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SNN's earnings have grown significantly by 33.1% per year over the past 5 years.
Accelerating Growth: SNN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SNN had negative earnings growth (-18.4%) over the past year, making it difficult to compare to the Capital Markets industry average (4.6%).
Return on Equity
High ROE: SNN's Return on Equity (7.1%) is considered low.
Return on Assets
ROA vs Industry: SNN's Return on Assets is below or equal to the Capital Markets industry average last year.
Return on Capital Employed
ROCE Improving: SNN's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Sanne Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: SNN has a low level of unsold assets or inventory.
Debt Coverage by Assets: SNN's debt is covered by short term assets (assets are 1.001540x debt).
Financial Institutions Analysis
Asset Level: SNN's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if SNN has a sufficient allowance for bad loans.
Low Risk Liabilities: SNN reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if SNN has an acceptable proportion of non-loan assets held.
Low Risk Deposits: SNN has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if SNN has an appropriate level of bad loans.
Next Steps
Dividend
What is Sanne Group's current dividend yield, its reliability and sustainability?
2.49%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: SNN's dividend (2.49%) is higher than the bottom 25% of dividend payers in the UK market (1.99%).
High Dividend: SNN's dividend (2.49%) is low compared to the top 25% of dividend payers in the UK market (5.37%).
Stable Dividend: Whilst dividend payments have been stable, SNN has been paying a dividend for less than 10 years.
Growing Dividend: SNN's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (152%), SNN's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SNN's dividends in 3 years are forecast to be covered by earnings (51.3% payout ratio).
Next Steps
Management
What is the CEO of Sanne Group's salary, the management and board of directors tenure and is there insider trading?
2.8yrs
Average management tenure
CEO
Martin Schnaier (42yo)
0.4yrs
Tenure
Mr. Martin Schnaier, ACA, serves as Director at Sanne Group plc since 2019. He served as Chief Commercial Officer at Sanne Group plc since 2017 until January 2019 and served as its Managing Director of Alt ...
Management Age and Tenure
2.8yrs
Average Tenure
43.5yo
Average Age
Experienced Management: SNN's management team is considered experienced (2.8 years average tenure).
Board Age and Tenure
1.3yrs
Average Tenure
56yo
Average Age
Experienced Board: SNN's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 249 |
| Max Price | UK£6.89 |
| Entity | Individual |
| Shares | 9,520 |
| Max Price | UK£5.20 |
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 19,100 |
| Max Price | UK£5.19 |
Ownership Breakdown
Management Team
Jason Bingham (40yo)
Managing Director of Product Development
- Tenure: 2.8yrs
Martin Schnaier (42yo)
Group CEO & Director
- Tenure: 0.4yrs
Moricko Kemp
Lead Director of Investment & Treasury services
- Tenure: 3.5yrs
Dan McKeon (45yo)
Head of Legal & Secretariat
- Tenure: 2.8yrs
Matthew Morel
Director of Marketing & Corporate Communications
- Tenure: 2.8yrs
Kate Windall (48yo)
Head of Human Resources
- Tenure: 0yrs
Peter Messervy-Gross
Chief Information Officer
- Tenure: 0yrs
Eric Watson
Group Chief Operating Officer
- Tenure: 2.8yrs
James Ireland
CFO & Director
- Tenure: 1.3yrs
- Compensation: UK£379.31k
Martin Pearson
Chief Risk Officer & Group Compliance Officer
- Tenure: 1.8yrs
Board Members
Andy Pomfret (60yo)
Senior Independent Director
- Tenure: 0yrs
- Compensation: UK£75.00k
Yves Stein (56yo)
Independent Non-Executive Director
- Tenure: 1yrs
- Compensation: UK£15.00k
Rupert H. Robson (58yo)
Non-Executive Chairman
- Tenure: 4.6yrs
- Compensation: UK£160.00k
Mel Carvill (57yo)
Independent Non-Executive Director
- Tenure: 1.8yrs
- Compensation: UK£70.00k
Julia Anne Chapman (53yo)
Independent Non-Executive Director
- Tenure: 1.3yrs
- Compensation: UK£30.00k
Martin Schnaier (42yo)
Group CEO & Director
- Tenure: 0.4yrs
Nicola Palios (52yo)
Non-Executive Director
- Tenure: 4.6yrs
- Compensation: UK£70.00k
James Ireland
CFO & Director
- Tenure: 1.3yrs
- Compensation: UK£379.31k
Company Information
Sanne Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sanne Group plc
- Ticker: SNN
- Exchange: LSE
- Founded: 1988
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: UK£795.177m
- Shares outstanding: 143.28m
- Website: https://www.sannegroup.com
Number of Employees
Location
- Sanne Group plc
- 13 Castle Street
- St Helier
- JE4 5UT
- Jersey
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SNN | LSE (London Stock Exchange) | Yes | New Ordinary Shares | GB | GBP | Apr 2015 |
| SNNL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | New Ordinary Shares | GB | GBP | Apr 2015 |
Biography
Sanne Group plc, provides fund, company, and trust administration services worldwide. The company operates through EMEA Alternatives, Asia-Pacific & Mauritius Alternatives, North America Alternatives, and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/21 21:28 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.