Sanne Group
Market Cap
UK£924.6m
Last Updated
2020/10/19 21:31 UTC
Data Sources
Company Financials +
Executive Summary
Sanne Group plc provides alternative asset and corporate administration services worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with proven track record.
Similar Companies
Share Price & News
How has Sanne Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SNN has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-5.9%
SNN
-1.9%
GB Capital Markets
-1.9%
GB Market
1 Year Return
15.0%
SNN
1.1%
GB Capital Markets
-14.5%
GB Market
Return vs Industry: SNN exceeded the UK Capital Markets industry which returned 1.5% over the past year.
Return vs Market: SNN exceeded the UK Market which returned -14.2% over the past year.
Shareholder returns
| SNN | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.9% | -1.9% | -1.9% |
| 30 Day | 4.6% | -1.5% | -1.7% |
| 90 Day | 2.4% | -0.9% | -4.4% |
| 1 Year | 17.7%15.0% | 4.5%1.1% | -11.3%-14.5% |
| 3 Year | -11.7%-17.4% | 22.9%8.2% | -9.0%-20.3% |
| 5 Year | 127.7%105.8% | 66.3%36.0% | 15.3%-10.6% |
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
1 month ago | Simply Wall St
Do These 3 Checks Before Buying Sanne Group plc (LON:SNN) For Its Upcoming Dividend1 month ago | Simply Wall St
Sanne Group plc (LON:SNN) Investors Should Think About This Before Buying It For Its Dividend2 months ago | Simply Wall St
Did Sanne Group plc (LON:SNN) Insiders Buy Up More Shares?Valuation
Is Sanne Group undervalued compared to its fair value and its price relative to the market?
73.72x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SNN (£6.38) is trading above our estimate of fair value (£4.94)
Significantly Below Fair Value: SNN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SNN is poor value based on its PE Ratio (73.7x) compared to the GB Capital Markets industry average (17x).
PE vs Market: SNN is poor value based on its PE Ratio (73.7x) compared to the UK market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: SNN is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: SNN is overvalued based on its PB Ratio (5x) compared to the GB Capital Markets industry average (1.2x).
Next Steps
Future Growth
How is Sanne Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
28.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SNN's forecast earnings growth (28.6% per year) is above the savings rate (1.2%).
Earnings vs Market: SNN's earnings (28.6% per year) are forecast to grow faster than the UK market (24.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SNN's revenue (8.4% per year) is forecast to grow faster than the UK market (6% per year).
High Growth Revenue: SNN's revenue (8.4% 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 (21.4%)
Next Steps
Past Performance
How has Sanne Group performed over the past 5 years?
12.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SNN has a large one-off loss of £8.3M impacting its June 30 2020 financial results.
Growing Profit Margin: SNN's current net profit margins (7.5%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: SNN has become profitable over the past 5 years, growing earnings by 12.5% per year.
Accelerating Growth: SNN's earnings growth over the past year (57.7%) exceeds its 5-year average (12.5% per year).
Earnings vs Industry: SNN earnings growth over the past year (57.7%) exceeded the Capital Markets industry 0.9%.
Return on Equity
High ROE: SNN's Return on Equity (6.8%) is considered low.
Next Steps
Financial Health
How is Sanne Group's financial position?
Financial Position Analysis
Short Term Liabilities: SNN's short term assets (£111.7M) exceed its short term liabilities (£36.8M).
Long Term Liabilities: SNN's short term assets (£111.7M) do not cover its long term liabilities (£194.0M).
Debt to Equity History and Analysis
Debt Level: SNN's debt to equity ratio (75.7%) is considered high.
Reducing Debt: SNN's debt to equity ratio has reduced from 137.4% to 75.7% over the past 5 years.
Debt Coverage: SNN's debt is well covered by operating cash flow (32%).
Interest Coverage: SNN's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
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Dividend
What is Sanne Group current dividend yield, its reliability and sustainability?
2.21%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SNN's dividend (2.21%) is higher than the bottom 25% of dividend payers in the UK market (1.83%).
High Dividend: SNN's dividend (2.21%) is low compared to the top 25% of dividend payers in the UK market (5.36%).
Stability and Growth of Payments
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 5 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (164.1%), 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 well covered by earnings (49.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Martin Schnaier (43 yo)
1.42yrs
Tenure
UK£428,345
Compensation
Mr. Martin Schnaier, ACA, has been Chief Executive Officer at Sanne Group plc since May 16, 2019 and has been its Director since January 23, 2019. He served as Chief Commercial Officer at Sanne Group plc s ...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD556.25K) is below average for companies of similar size in the UK market ($USD1.72M).
Compensation vs Earnings: Insufficient data to compare Martin's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 1.42yrs | UK£428.35k | 0.19% £ 1.7m | |
| CFO & Director | 2.25yrs | UK£375.06k | 0.012% £ 107.3k | |
| Group Chief Operating Officer | 3.75yrs | no data | no data | |
| Lead Director of Investment & Treasury services | 4.5yrs | no data | no data | |
| Chief Technology Officer | no data | no data | no data | |
| Chief Information Officer | no data | no data | no data | |
| Group Head of Compliance | no data | no data | no data | |
| General Counsel | no data | no data | no data | |
| Director of Marketing & Corporate Communications | 3.75yrs | no data | no data | |
| Chief Human Resources Officer | no data | no data | no data | |
| Chief Strategy Officer | 3.83yrs | no data | no data | |
| Head of Real Estate Funds | no data | no data | no data |
3.8yrs
Average Tenure
43yo
Average Age
Experienced Management: SNN's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 1.42yrs | UK£428.35k | 0.19% £ 1.7m | |
| CFO & Director | 2.25yrs | UK£375.06k | 0.012% £ 107.3k | |
| Senior Independent Director | no data | UK£83.00k | 0.037% £ 340.3k | |
| Independent Non-Executive Director | 2yrs | UK£68.00k | 0.0034% £ 31.9k | |
| Non-Executive Chairman | 5.58yrs | UK£160.00k | 0.036% £ 333.0k | |
| Independent Non-Executive Director | 2.75yrs | UK£80.00k | 0.0069% £ 63.8k | |
| Independent Non-Executive Director | 2.25yrs | UK£68.00k | 0.0020% £ 18.2k | |
| Independent Non-Executive Director | 5.58yrs | UK£75.00k | 0.0038% £ 35.0k |
2.3yrs
Average Tenure
57yo
Average Age
Experienced Board: SNN's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SNN 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
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£924.607m
- Shares outstanding: 144.92m
- Website: https://www.sannegroup.com
Number of Employees
Location
- Sanne Group plc
- 13 Castle Street
- Saint 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 alternative asset and corporate administration services worldwide. The company operates through EMEA, Asia-Pacific & Mauritius, Channel Islands, and North America segments. It offe ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/19 21:31 |
| End of Day Share Price | 2020/10/19 00:00 |
| Earnings | 2020/06/30 |
| 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.