Salcef Group S.p.A. designs, constructs, and maintains railway infrastructure and civil works worldwide. More Details
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Salcef Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SCF has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how SCF performed against the Italian Construction industry.
Return vs Market: Insufficient data to determine how SCF performed against the Italian Market.
Price Volatility Vs. Market
How volatile is Salcef Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StShould Salcef Group S.p.A. (BIT:SCF) Be Part Of Your Income Portfolio?
4 weeks ago | Simply Wall StCalculating The Intrinsic Value Of Salcef Group S.p.A. (BIT:SCF)
2 months ago | Simply Wall StIs Salcef Group S.p.A.'s (BIT:SCF) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Is Salcef Group 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: SCF (€12.5) is trading below our estimate of fair value (€13.29)
Significantly Below Fair Value: SCF is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SCF is poor value based on its PE Ratio (23.9x) compared to the XE Construction industry average (11.1x).
PE vs Market: SCF is poor value based on its PE Ratio (23.9x) compared to the Italian market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: SCF is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: SCF is overvalued based on its PB Ratio (2.4x) compared to the IT Construction industry average (1.3x).
How is Salcef Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SCF's forecast earnings growth (37% per year) is above the savings rate (2%).
Earnings vs Market: SCF's earnings (37% per year) are forecast to grow faster than the Italian market (25.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SCF's revenue (5.1% per year) is forecast to grow faster than the Italian market (3.5% per year).
High Growth Revenue: SCF's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SCF's Return on Equity is forecast to be low in 3 years time (18%).
How has Salcef Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SCF has a high level of non-cash earnings.
Growing Profit Margin: SCF's current net profit margins (7.1%) are lower than last year (8%).
Past Earnings Growth Analysis
Earnings Trend: SCF's earnings have grown significantly by 26.5% per year over the past 5 years.
Accelerating Growth: SCF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SCF had negative earnings growth (-13.7%) over the past year, making it difficult to compare to the Construction industry average (6.2%).
Return on Equity
High ROE: SCF's Return on Equity (9.9%) is considered low.
How is Salcef Group's financial position?
Financial Position Analysis
Short Term Liabilities: SCF's short term assets (€315.8M) exceed its short term liabilities (€181.8M).
Long Term Liabilities: SCF's short term assets (€315.8M) exceed its long term liabilities (€35.8M).
Debt to Equity History and Analysis
Debt Level: SCF's debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SCF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SCF's debt is well covered by operating cash flow (29.7%).
Interest Coverage: SCF's interest payments on its debt are well covered by EBIT (79.5x coverage).
What is Salcef Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SCF's dividend (3.2%) is higher than the bottom 25% of dividend payers in the Italian market (1.59%).
High Dividend: SCF's dividend (3.2%) is low compared to the top 25% of dividend payers in the Italian market (5.26%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether SCF's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SCF's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (76.3%), SCF's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SCF's dividends in 3 years are forecast to be well covered by earnings (45% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Mr. Valeriano Salciccia serves as the Chief Executive Officer and Director at Salcef Group S.p.A. since October 2018.
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: SCF only recently listed within the past 12 months.
Salcef Group S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: Salcef Group S.p.A.
- Ticker: SCF
- Exchange: BIT
- Founded: 1948
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: €535.616m
- Shares outstanding: 42.85m
- Website: https://www.salcef.com
Number of Employees
- Salcef Group S.p.A.
- Via di Pietralata 140
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SCF||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||Nov 2019|
Salcef Group S.p.A. designs, constructs, and maintains railway infrastructure and civil works worldwide. The company is involved in the track construction activities, such as installation of permanent, tra ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/18 04:20|
|End of Day Share Price||2020/09/17 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.