AIM:SDI

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Executive Summary

SDI Group plc, through its subsidiaries, designs and manufactures scientific and technology products based on digital imaging in the United Kingdom, rest of Europe, the United States, Asia, and internationally. More Details


Snowflake Analysis

Adequate balance sheet with acceptable track record.

Share Price & News

How has SDI Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SDI is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SDI's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

6.7%

SDI

3.9%

GB Medical Equipment

2.2%

GB Market


1 Year Return

32.6%

SDI

-5.0%

GB Medical Equipment

-5.6%

GB Market

Return vs Industry: SDI exceeded the UK Medical Equipment industry which returned -4.4% over the past year.

Return vs Market: SDI exceeded the UK Market which returned -6.4% over the past year.


Shareholder returns

SDIIndustryMarket
7 Day6.7%3.9%2.2%
30 Day22.9%9.5%12.1%
90 Day36.5%3.1%10.9%
1 Year32.6%32.6%-3.1%-5.0%-1.8%-5.6%
3 Year294.9%294.9%17.5%10.7%4.8%-7.9%
5 Year724.9%724.9%45.3%33.5%35.9%5.3%

Long-Term Price Volatility Vs. Market

How volatile is SDI Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SDI Group undervalued compared to its fair value and its price relative to the market?

34.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SDI (£0.93) is trading above our estimate of fair value (£0.7)

Significantly Below Fair Value: SDI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SDI is good value based on its PE Ratio (34.8x) compared to the GB Medical Equipment industry average (43.1x).

PE vs Market: SDI is poor value based on its PE Ratio (34.8x) compared to the UK market (21.3x).


Price to Earnings Growth Ratio

PEG Ratio: SDI is poor value based on its PEG Ratio (3x)


Price to Book Ratio

PB vs Industry: SDI is overvalued based on its PB Ratio (4.5x) compared to the GB Medical Equipment industry average (3.5x).


Next Steps

Future Growth

How is SDI Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

11.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SDI's forecast earnings growth (11.6% per year) is above the savings rate (1.2%).

Earnings vs Market: SDI's earnings (11.6% per year) are forecast to grow slower than the UK market (26.1% per year).

High Growth Earnings: SDI's earnings are forecast to grow, but not significantly.

Revenue vs Market: SDI's revenue (6.4% per year) is forecast to grow slower than the UK market (6.6% per year).

High Growth Revenue: SDI's revenue (6.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SDI's Return on Equity is forecast to be low in 3 years time (15.2%).


Next Steps

Past Performance

How has SDI Group performed over the past 5 years?

38.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SDI has high quality earnings.

Growing Profit Margin: SDI's current net profit margins (10.6%) are lower than last year (11%).


Past Earnings Growth Analysis

Earnings Trend: SDI's earnings have grown significantly by 38.1% per year over the past 5 years.

Accelerating Growth: SDI's earnings growth over the past year (35.4%) is below its 5-year average (38.1% per year).

Earnings vs Industry: SDI earnings growth over the past year (35.4%) exceeded the Medical Equipment industry -36.8%.


Return on Equity

High ROE: SDI's Return on Equity (12.9%) is considered low.


Next Steps

Financial Health

How is SDI Group's financial position?


Financial Position Analysis

Short Term Liabilities: SDI's short term assets (£12.6M) exceed its short term liabilities (£5.9M).

Long Term Liabilities: SDI's short term assets (£12.6M) exceed its long term liabilities (£12.5M).


Debt to Equity History and Analysis

Debt Level: SDI's debt to equity ratio (46.5%) is considered high.

Reducing Debt: SDI's debt to equity ratio has increased from 10.8% to 46.5% over the past 5 years.

Debt Coverage: SDI's debt is well covered by operating cash flow (44.3%).

Interest Coverage: SDI's interest payments on its debt are well covered by EBIT (14.5x coverage).


Balance Sheet


Next Steps

Dividend

What is SDI Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SDI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SDI'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 SDI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SDI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SDI'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?

3.8yrs

Average board tenure


CEO

Mike Creedon (59 yo)

8.58yrs

Tenure

UK£236,000

Compensation

Mr. Michael John Creedon, also known as Mike, FCCA, MBA has been the Chief Executive Officer of SDI Group plc (formerly known as Scientific Digital Imaging plc) since May 29, 2012 and served as its Company...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD318.36K) is about average for companies of similar size in the UK market ($USD338.80K).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Michael Creedon
CEO & Director8.58yrsUK£236.00k0.45%
£ 410.6k
Jonathan Abell
CFO, Company Secretary & Director2.42yrsUK£147.00k0.10%
£ 92.8k
David Tilston
Independent Non-Executive Director3.42yrsUK£29.00k0.092%
£ 83.5k
Eric Ford
Independent Chairman of the Board8.92yrsUK£49.00k1.28%
£ 1.2m
Isabel Josephine Napper
Independent Non-Executive Director3.83yrsUK£29.00k0.067%
£ 60.8k

3.8yrs

Average Tenure

62yo

Average Age

Experienced Board: SDI's board of directors are considered experienced (3.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

SDI Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SDI Group plc
  • Ticker: SDI
  • Exchange: AIM
  • Founded: 2007
  • Industry: Health Care Equipment
  • Sector: Healthcare
  • Market Cap: UK£90.484m
  • Shares outstanding: 97.50m
  • Website: https://www.scientificdigitalimaging.com

Number of Employees


Location

  • SDI Group plc
  • Beacon House
  • Nuffield Road
  • Cambridge
  • Cambridgeshire
  • CB4 1TF
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SDIAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPApr 2009
SD0DB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2009
SDII.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDApr 2009

Biography

SDI Group plc, through its subsidiaries, designs and manufactures scientific and technology products based on digital imaging in the United Kingdom, rest of Europe, the United States, Asia, and internation...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 20:06
End of Day Share Price2020/12/03 00:00
Earnings2020/04/30
Annual Earnings2020/04/30


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.