Sogefi S.p.A. designs, develops, and produces filtration systems, suspension components, air management, and engine cooling systems for the automotive industry worldwide.
Fair value with moderate growth potential.
Share Price & News
How has Sogefi's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SO's share price has been volatile over the past 3 months.
7 Day Return
IT Auto Components
1 Year Return
IT Auto Components
Return vs Industry: SO underperformed the Italian Auto Components industry which returned -22.6% over the past year.
Return vs Market: SO underperformed the Italian Market which returned 8.2% over the past year.
Price Volatility Vs. Market
How volatile is Sogefi's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StA Look At The Fair Value Of Sogefi S.p.A. (BIT:SO)
1 month ago | Simply Wall StIs Sogefi S.p.A.'s (BIT:SO) ROE Of 2.3% Concerning?
3 months ago | Simply Wall StIntroducing Sogefi (BIT:SO), The Stock That Dropped 37% In The Last Five Years
Is Sogefi undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SO (€1.19) is trading below our estimate of fair value (€1.22)
Significantly Below Fair Value: SO is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SO is poor value based on its PE Ratio (27x) compared to the Auto Components industry average (17.8x).
PE vs Market: SO is poor value based on its PE Ratio (27x) compared to the Italian market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: SO is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: SO is good value based on its PB Ratio (0.7x) compared to the IT Auto Components industry average (1x).
How is Sogefi forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SO's forecast earnings growth (68.9% per year) is above the savings rate (1.2%).
Earnings vs Market: SO's earnings (68.9% per year) are forecast to grow faster than the Italian market (10% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SO's revenue (2.1% per year) is forecast to grow slower than the Italian market (4.2% per year).
High Growth Revenue: SO's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SO's Return on Equity is forecast to be low in 3 years time (11.3%).
How has Sogefi performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SO has a large one-off loss of €26.9M impacting its September 30 2019 financial results.
Growing Profit Margin: SO's current net profit margins (0.09%) are lower than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: SO has become profitable over the past 5 years, growing earnings by 11.6% per year.
Accelerating Growth: SO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SO had negative earnings growth (-91%) over the past year, making it difficult to compare to the Auto Components industry average (-69.1%).
Return on Equity
High ROE: SO's Return on Equity (2.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Sogefi's financial position?
Financial Position Analysis
Short Term Liabilities: SO's short term assets (€446.5M) do not cover its short term liabilities (€524.9M).
Long Term Liabilities: SO's short term assets (€446.5M) do not cover its long term liabilities (€515.2M).
Debt to Equity History and Analysis
Debt Level: SO's debt to equity ratio (187.2%) is considered high.
Reducing Debt: SO's debt to equity ratio has reduced from 231% to 187.2% over the past 5 years.
Debt Coverage: SO's debt is well covered by operating cash flow (36.5%).
Interest Coverage: SO's interest payments on its debt are well covered by EBIT (3.2x coverage).
Inventory Level: SO has a high level of physical assets or inventory.
Debt Coverage by Assets: SO's debt is covered by short term assets (assets are 1.1x debt).
What is Sogefi's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate SO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SO's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SO is not paying a notable dividend for the Italian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SO's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mauro Fenzi 0
Mr. Mauro Fenzi has been Chief Executive Officer at Sogefi S.p.A. since 2019. Mr. Fenzi has been Chief Operating Officer of Systems at Fiat Chrysler Automobiles N.V. since April 1, 2015. Mr. Fenzi has been ...
|CEO & GM||1.1yrs||no data||no data|
|Group CFO & Investors Relation||4.5yrs||no data||no data|
|General Counsel & Secretary of the Board||1.1yrs||no data||no data|
|Corporate Development Manager||0yrs||no data||no data|
|Head of Sogefi Filtration South America||0yrs||no data||no data|
|Chief Audit Executive||0yrs||no data||no data|
|Chief Risk Officer||0.9yrs||no data||no data|
|Suspensions Business Unit CEO||0.9yrs||no data||no data|
|Controlling Manager||0yrs||no data||no data|
|Chief Executive Officer of Sogefi Rejna Spa||0yrs||no data||no data|
Experienced Management: SO's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|Honorary Chairman||0yrs||no data||no data|
|Director||1.1yrs||no data||no data|
|Member of the Board of Statutory Auditors||0yrs||€40.00k||no data|
|Independent Director||9.8yrs||€30.00k||no data|
|Lead Independent Director||1.1yrs||no data||no data|
|Director||1.1yrs||no data||no data|
|Independent Director||3.8yrs||no data||no data|
|Chairman of the Board of Statutory Auditors||1.8yrs||no data||no data|
Experienced Board: SO's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sogefi S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Sogefi S.p.A.
- Ticker: SO
- Exchange: BIT
- Founded: 1980
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: €139.995m
- Shares outstanding: 117.74m
- Website: https://www.sogefigroup.com
Number of Employees
- Sogefi S.p.A.
- Via Ciovassino 1/a
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SO||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||Jan 1992|
|0NV0||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|SOM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
Sogefi S.p.A. designs, develops, and produces filtration systems, suspension components, air management, and engine cooling systems for the automotive industry worldwide. Its products include intake manifold systems, charged air ducts, air induction systems, thermostat housings and ducts, and coolant pumps and modules; and oil filtration systems, petrol fuel filters, diesel fuel filtration systems, air filtration systems, cam covers, and oil separators for the original equipment manufacturers of motorcycles, three wheelers, cars, and heavy duty vehicles. The company also offers oil, air, petrol, diesel, and cabin filters for the automotive replacement markets. In addition, its suspension components include helical springs, stabilizer bars, torsion bars, stabilinks, leaf springs, track tensioners, coil springs, FRP coil springs, and precision springs for use in cars, light and heavy commercial vehicles, earth-moving equipment, armored vehicles, and rolling wagons. Sogefi S.p.A. offers its products under the Allevard Rejna, Coopers Fiaam, FRAM, LP-DN, Purflux, Sidergarda Mollificio Bresciano, Sogefi PRO, and United Springs brands. The company was founded in 1980 and is headquartered in Milan, Italy. Sogefi S.p.A. is a subsidiary of Compagnie Industriali Riunite S.p.A.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 20:57|
|End of Day Share Price||2020/02/24 00:00|
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.