Socfinasia (BDL:SCFNS) - Share price, News & Analysis

SCFNS fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	6/6
Financial Health	4/6
Dividends	4/6

SCFNS Stock Overview

Socfinasia S.A. manages a portfolio of oil palm and rubber plantations in Southeast Asia.

Rewards

Trading at 93.7% below our estimate of its fair value

Earnings grew by 249.3% over the past year

Risk Analysis

Unstable dividend track record

Socfinasia Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Socfinasia
Historical stock prices
Current Share Price	€17.20
52 Week High	€18.80
52 Week Low	€13.00
Beta	0.44
1 Month Change	-6.01%
3 Month Change	-0.58%
1 Year Change	23.74%
3 Year Change	25.55%
5 Year Change	-19.34%
Change since IPO	1,086.43%

Recent News & Updates

May 08

Socfinasia's (BDL:SCFNS) Strong Earnings Are Of Good Quality

Even though Socfinasia S.A.'s ( BDL:SCFNS ) recent earnings release was robust, the market didn't seem to notice. We...

Shareholder Returns

	SCFNS	LU Food	LU Market
7D	0%	-0.4%	0.2%
1Y	23.7%	4.5%	26.7%

Return vs Industry: SCFNS exceeded the Luxembourg Food industry which returned 4.5% over the past year.

Return vs Market: SCFNS underperformed the Luxembourg Market which returned 26.7% over the past year.

Price Volatility

Is SCFNS's price volatile compared to industry and market?
SCFNS volatility
SCFNS Average Weekly Movement	6.6%
Food Industry Average Movement	5.4%
Market Average Movement	5.2%
10% most volatile stocks in LU Market	8.5%
10% least volatile stocks in LU Market	3.1%

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

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

About the Company

Founded	Employees	CEO	Website
1972	10,168	n/a	https://www.socfin.com/en/investors/socfinasia

Socfinasia S.A. manages a portfolio of oil palm and rubber plantations in Southeast Asia. It operates approximately 52,000 hectares of tropical oil palm and rubber plantations. The company was incorporated in 1972 and is based in Luxembourg City, Luxembourg.

Socfinasia Fundamentals Summary

How do Socfinasia's earnings and revenue compare to its market cap?
SCFNS fundamental statistics
Market Cap	€337.02m
Earnings (TTM)	€57.41m
Revenue (TTM)	€169.29m

5.9x

P/E Ratio

2.0x

P/S Ratio

Is SCFNS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SCFNS income statement (TTM)
Revenue	€169.29m
Cost of Revenue	€7.97m
Gross Profit	€161.32m
Other Expenses	€103.91m
Earnings	€57.41m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	2.93
Gross Margin	95.29%
Net Profit Margin	33.91%
Debt/Equity Ratio	29.4%

How did SCFNS perform over the long term?

See historical performance and comparison

Dividends

8.1%

Current Dividend Yield

48%

Payout Ratio

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: SCFNS (€17.2) is trading below our estimate of fair value (€271.19)

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

Price To Earnings Ratio

PE vs Industry: SCFNS is good value based on its PE Ratio (5.9x) compared to the European Food industry average (17.4x).

PE vs Market: SCFNS is poor value based on its PE Ratio (5.9x) compared to the Luxembourg market (4.3x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SCFNS's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: SCFNS's PB Ratio (1.2x) is in line with the XE Food industry average.

Future Growth

How is Socfinasia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

0.4%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Socfinasia has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Socfinasia performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

9.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SCFNS has high quality earnings.

Growing Profit Margin: SCFNS's current net profit margins (33.9%) are higher than last year (12.9%).

Past Earnings Growth Analysis

Earnings Trend: SCFNS's earnings have grown by 9.6% per year over the past 5 years.

Accelerating Growth: SCFNS's earnings growth over the past year (249.3%) exceeds its 5-year average (9.6% per year).

Earnings vs Industry: SCFNS earnings growth over the past year (249.3%) exceeded the Food industry 14.2%.

Return on Equity

High ROE: SCFNS's Return on Equity (21.5%) is considered high.

Financial Health

How is Socfinasia's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: SCFNS's short term assets (€115.1M) exceed its short term liabilities (€69.9M).

Long Term Liabilities: SCFNS's short term assets (€115.1M) do not cover its long term liabilities (€121.0M).

Debt to Equity History and Analysis

Debt Level: SCFNS's net debt to equity ratio (4.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SCFNS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SCFNS's debt is well covered by operating cash flow (79.5%).

Interest Coverage: SCFNS earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Socfinasia current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

8.14%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SCFNS's dividend (8.14%) is higher than the bottom 25% of dividend payers in the Luxembourg market (2.42%).

High Dividend: SCFNS's dividend (8.14%) is in the top 25% of dividend payers in the Luxembourg market (6.15%)

Stability and Growth of Payments

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

Growing Dividend: SCFNS's dividend payments have fallen over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (47.8%), SCFNS's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (47.3%), SCFNS's dividend payments are well covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Food, Beverage & Tobacco industry.

Management

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

3.3yrs

Average board tenure

CEO

Socfinasia has no CEO, or we have no data on them.

Board Members

Experienced Board: SCFNS's board of directors are considered experienced (3.3 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/16 00:00
End of Day Share Price	2022/05/16 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31