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Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap

€958.4m

Last Updated

2021/05/18 01:20 UTC

Data Sources

Company Financials +

Executive Summary

Semapa - Sociedade de Investimento e Gestão, SGPS, S.A., through its subsidiaries, produces and sells uncoated wood free (UWF) printing and writing paper. More Details


Snowflake Analysis

Undervalued established dividend payer.

Share Price & News

How has Semapa - Sociedade de Investimento e Gestão SGPS's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine SEMU's volatility over the past 3 months.

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


Market Performance


7 Day Return

-1.7%

SEMU

-1.8%

GB Forestry

0.2%

GB Market


1 Year Return

42.4%

SEMU

39.3%

GB Forestry

22.8%

GB Market

Return vs Industry: SEMU exceeded the UK Forestry industry which returned 39.3% over the past year.

Return vs Market: SEMU exceeded the UK Market which returned 22.8% over the past year.


Shareholder returns

SEMUIndustryMarket
7 Day-1.7%-1.8%0.2%
30 Day1.1%-1.9%0.1%
90 Dayn/a-0.02%5.1%
1 Year50.8%42.4%44.5%39.3%28.3%22.8%
3 Year-36.8%-43.6%12.1%0.8%9.4%-3.1%
5 Year25.2%8.7%135.0%39.7%47.0%19.3%

Long-Term Price Volatility Vs. Market

How volatile is Semapa - Sociedade de Investimento e Gestão SGPS's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Semapa - Sociedade de Investimento e Gestão SGPS 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: SEMU (€11.89) is trading below our estimate of fair value (€37.06)

Significantly Below Fair Value: SEMU is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SEMU is good value based on its PE Ratio (9x) compared to the European Forestry industry average (19.7x).

PE vs Market: SEMU is good value based on its PE Ratio (9x) compared to the UK market (25.6x).


Price to Earnings Growth Ratio

PEG Ratio: SEMU's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: SEMU is good value based on its PB Ratio (1x) compared to the XE Forestry industry average (1.4x).


Future Growth

How is Semapa - Sociedade de Investimento e Gestão SGPS forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-13.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SEMU's earnings are forecast to decline over the next 3 years (-13.6% per year).

Earnings vs Market: SEMU's earnings are forecast to decline over the next 3 years (-13.6% per year).

High Growth Earnings: SEMU's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SEMU's revenue (3.8% per year) is forecast to grow slower than the UK market (5.3% per year).

High Growth Revenue: SEMU's revenue (3.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SEMU's Return on Equity is forecast to be low in 3 years time (7.4%).


Past Performance

How has Semapa - Sociedade de Investimento e Gestão SGPS performed over the past 5 years?

4.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SEMU has a large one-off gain of €36.9M impacting its December 31 2020 financial results.

Growing Profit Margin: SEMU's current net profit margins (5.7%) are higher than last year (5.6%).


Past Earnings Growth Analysis

Earnings Trend: SEMU's earnings have grown by 4.1% per year over the past 5 years.

Accelerating Growth: SEMU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SEMU had negative earnings growth (-13.9%) over the past year, making it difficult to compare to the Forestry industry average (-19.7%).


Return on Equity

High ROE: SEMU's Return on Equity (11.8%) is considered low.


Financial Health

How is Semapa - Sociedade de Investimento e Gestão SGPS's financial position?


Financial Position Analysis

Short Term Liabilities: SEMU's short term assets (€1.0B) exceed its short term liabilities (€1.0B).

Long Term Liabilities: SEMU's short term assets (€1.0B) do not cover its long term liabilities (€1.6B).


Debt to Equity History and Analysis

Debt Level: SEMU's debt to equity ratio (137.9%) is considered high.

Reducing Debt: SEMU's debt to equity ratio has reduced from 177.6% to 137.9% over the past 5 years.

Debt Coverage: SEMU's debt is well covered by operating cash flow (29.9%).

Interest Coverage: SEMU's interest payments on its debt are well covered by EBIT (4.5x coverage).


Balance Sheet


Dividend

What is Semapa - Sociedade de Investimento e Gestão SGPS current dividend yield, its reliability and sustainability?

4.27%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SEMU's dividend (4.27%) is higher than the bottom 25% of dividend payers in the UK market (1.39%).

High Dividend: SEMU's dividend (4.27%) is in the top 25% of dividend payers in the UK market (4.12%)


Stability and Growth of Payments

Stable Dividend: SEMU's dividend payments have been volatile in the past 10 years.

Growing Dividend: SEMU's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.4%), SEMU's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SEMU's dividends in 3 years are forecast to be well covered by earnings (32.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

João Nuno de Sottomayor de Castello Branco

5.83yrs

Tenure

€1,449,822

Compensation

Engineer João Nuno de Sottomayor Pinto de Castello Branco serves as Vice Chairman at Secil - Companhia Geral de Cal e Cimento, S.A. Engineer de Castello Branco has been the Chief Executive Officer of SEMAP...


CEO Compensation Analysis

Compensation vs Market: João Nuno de Sottomayor's total compensation ($USD1.76M) is above average for companies of similar size in the UK market ($USD956.60K).

Compensation vs Earnings: João Nuno de Sottomayor's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SEMU's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: SEMU's board of directors are considered experienced (5.9 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

Semapa - Sociedade de Investimento e Gestão, SGPS, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Semapa - Sociedade de Investimento e Gestão, SGPS, S.A.
  • Ticker: SEMU
  • Exchange: BATS-CHIXE
  • Founded: 1991
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: €958.432m
  • Shares outstanding: 79.87m
  • Website: https://www.semapa.pt

Number of Employees


Location

  • Semapa - Sociedade de Investimento e Gestão, SGPS, S.A.
  • Av. Fontes Pereira de Melo
  • No.14, 10º
  • Lisbon
  • Lisbon
  • 1050-121
  • Portugal

Listings


Biography

Semapa - Sociedade de Investimento e Gestão, SGPS, S.A., through its subsidiaries, produces and sells uncoated wood free (UWF) printing and writing paper. It operates through three segments: Pulp and Paper...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/18 01:20
End of Day Share Price2021/05/14 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.