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SLIG

Sligro Food GroupENXTAM:SLIGR Stock Report

Market Cap

€849.3m

7D

-4.8%

1Y

7.8%

Updated

01 Dec, 2021

Data

Company Financials +
SLIGR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

SLIGR Stock Overview

Sligro Food Group N.V. engages in the foodservice businesses in the Netherlands and Belgium.

Rewards

Trading at 56.7% below our estimate of its fair value

Earnings are forecast to grow 77.33% per year

Risk Analysis

No risks detected for SLIGR from our risk checks.

Sligro Food Group Competitors

Sysco

NYSE:SYY

US$35.9b

Bid

JSE:BID

R101.9b

Lotus Bakeries

ENXTBR:LOTB

€4.3b

Metro

XTRA:B4B

€3.6b

Price History & Performance

Summary of all time highs, changes and price drops for Sligro Food Group
Historical stock prices
Current Share Price€19.46
52 Week High€27.95
52 Week Low€15.94
Beta1.42
1 Month Change-17.89%
3 Month Change-18.92%
1 Year Change7.75%
3 Year Change-47.55%
5 Year Change-39.81%
Change since IPO263.49%

Recent News & Updates

Sep 12
Sligro Food Group (AMS:SLIGR) Has A Pretty Healthy Balance Sheet

Sligro Food Group (AMS:SLIGR) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

May 10
Would Sligro Food Group (AMS:SLIGR) Be Better Off With Less Debt?

Would Sligro Food Group (AMS:SLIGR) Be Better Off With Less Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Mar 16
This Is Why Shareholders May Want To Hold Back On A Pay Rise For Sligro Food Group N.V.'s (AMS:SLIGR) CEO

This Is Why Shareholders May Want To Hold Back On A Pay Rise For Sligro Food Group N.V.'s (AMS:SLIGR) CEO

Performance at Sligro Food Group N.V. ( AMS:SLIGR ) has not been particularly rosy recently and shareholders will...

Mar 11
How Much Did Sligro Food Group's(AMS:SLIGR) Shareholders Earn From Share Price Movements Over The Last Three Years?

How Much Did Sligro Food Group's(AMS:SLIGR) Shareholders Earn From Share Price Movements Over The Last Three Years?

It is doubtless a positive to see that the Sligro Food Group N.V. ( AMS:SLIGR ) share price has gained some 35% in the...

Shareholder Returns

SLIGRNL Consumer RetailingNL Market
7D-4.8%-2.2%-3.3%
1Y7.8%13.2%17.0%

Return vs Industry: SLIGR underperformed the Dutch Consumer Retailing industry which returned 13.2% over the past year.

Return vs Market: SLIGR underperformed the Dutch Market which returned 17% over the past year.

Price Volatility

Is SLIGR's price volatile compared to industry and market?
SLIGR volatility
SLIGR Average Weekly Movement3.8%
Consumer Retailing Industry Average Movement3.8%
Market Average Movement4.0%
10% most volatile stocks in NL Market6.6%
10% least volatile stocks in NL Market2.4%

Stable Share Price: SLIGR is not significantly more volatile than the rest of Dutch stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SLIGR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19354,116Koen Slippenshttps://www.sligrofoodgroup.nl

Sligro Food Group N.V. engages in the foodservice businesses in the Netherlands and Belgium. The company offers a range of food and food-related non-food products; and services in the food and beverages wholesale market. It operates a network of 51 cash-and-carry and 9 delivery service sites to serve hospitality industry, leisure facilities, caterers, large-volume users, company restaurants, petrol stations, small and medium-sized enterprises, small retail businesses, and the institutional markets under the Sligro, De Kweker, and Van Hoeckel brand names in the Netherlands.

Sligro Food Group Fundamentals Summary

How do Sligro Food Group's earnings and revenue compare to its market cap?
SLIGR fundamental statistics
Market Cap€849.32m
Earnings (TTM)-€2.00m
Revenue (TTM)€1.79b

0.5x

P/S Ratio

-429.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SLIGR income statement (TTM)
Revenue€1.79b
Cost of Revenue€1.36b
Gross Profit€436.00m
Expenses€438.00m
Earnings-€2.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.045
Gross Margin24.34%
Net Profit Margin-0.11%
Debt/Equity Ratio37.3%

How did SLIGR perform over the long term?

See historical performance and comparison

Valuation

Is Sligro Food Group 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: SLIGR (€19.46) is trading below our estimate of fair value (€44.91)

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


Price To Earnings Ratio

PE vs Industry: SLIGR is unprofitable, so we can't compare its PE Ratio to the European Consumer Retailing industry average.

PE vs Market: SLIGR is unprofitable, so we can't compare its PE Ratio to the Dutch market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SLIGR is good value based on its PB Ratio (2x) compared to the XE Consumer Retailing industry average (2.2x).


Future Growth

How is Sligro Food Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

77.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SLIGR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.09%).

Earnings vs Market: SLIGR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SLIGR's is expected to become profitable in the next 3 years.

Revenue vs Market: SLIGR's revenue (10% per year) is forecast to grow faster than the Dutch market (9.9% per year).

High Growth Revenue: SLIGR's revenue (10% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SLIGR's Return on Equity is forecast to be low in 3 years time (9.6%).


Past Performance

How has Sligro Food Group performed over the past 5 years?

-48.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SLIGR is currently unprofitable.

Growing Profit Margin: SLIGR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SLIGR is unprofitable, and losses have increased over the past 5 years at a rate of 48.2% per year.

Accelerating Growth: Unable to compare SLIGR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SLIGR is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (36.8%).


Return on Equity

High ROE: SLIGR has a negative Return on Equity (-0.47%), as it is currently unprofitable.


Financial Health

How is Sligro Food Group's financial position?


Financial Position Analysis

Short Term Liabilities: SLIGR's short term assets (€415.0M) do not cover its short term liabilities (€416.0M).

Long Term Liabilities: SLIGR's short term assets (€415.0M) exceed its long term liabilities (€399.0M).


Debt to Equity History and Analysis

Debt Level: SLIGR's net debt to equity ratio (28.9%) is considered satisfactory.

Reducing Debt: SLIGR's debt to equity ratio has increased from 27.9% to 37.3% over the past 5 years.

Debt Coverage: SLIGR's debt is well covered by operating cash flow (89.4%).

Interest Coverage: SLIGR's interest payments on its debt are well covered by EBIT (6.2x coverage).


Balance Sheet


Dividend

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

2.66%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: SLIGR is not paying a notable dividend for the Dutch market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SLIGR's dividend in 3 years as they are not forecast to pay a notable one for the Dutch market.


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Koen Slippens (54 yo)

13.17yrs

Tenure

€705,000

Compensation

Mr. Koen M. Slippens serves as the Chairman of the Executive Board at Sligro Food Group NV. since September 21, 2008 and serves as its Chief Executive Officer. Mr. Slippens serves as a Member of Executive...


CEO Compensation Analysis

Compensation vs Market: Koen's total compensation ($USD798.41K) is about average for companies of similar size in the Dutch market ($USD1.08M).

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


Leadership Team

Experienced Management: SLIGR's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: SLIGR's board of directors are considered experienced (4.8 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

Sligro Food Group N.V.'s employee growth, exchange listings and data sources


Key Information

  • Name: Sligro Food Group N.V.
  • Ticker: SLIGR
  • Exchange: ENXTAM
  • Founded: 1935
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: €849.319m
  • Shares outstanding: 44.14m
  • Website: https://www.sligrofoodgroup.nl

Number of Employees


Location

  • Sligro Food Group N.V.
  • Corridor 11
  • Veghel
  • Noord-Brabant
  • 5466 RB
  • Netherlands

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/01 19:14
End of Day Share Price2021/12/01 00:00
Earnings2021/06/30
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.