OB:SNI

Stock Analysis Report

Executive Summary

Stolt-Nielsen Limited, together with its subsidiaries, provides transportation, storage, and distribution solutions for chemicals and other bulk-liquid products worldwide.

Snowflake

Fundamentals

Good value with moderate growth potential.


Similar Companies

Share Price & News

How has Stolt-Nielsen's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.4%

OB:SNI

-2.2%

NO Shipping

-1.1%

NO Market


1 Year Return

-17.7%

OB:SNI

-26.4%

NO Shipping

-8.3%

NO Market

SNI outperformed the Shipping industry which returned -26.4% over the past year.

SNI underperformed the Market in Norway which returned -8.3% over the past year.


Share holder returns

SNIIndustryMarket
7 Day1.4%-2.2%-1.1%
30 Day-5.6%-10.6%-3.0%
90 Day-7.8%-11.1%-6.7%
1 Year-14.3%-17.7%-24.4%-26.4%-3.8%-8.3%
3 Year16.7%0.4%13.2%4.7%48.1%29.3%
5 Year-11.4%-33.3%-32.9%-41.9%40.0%8.9%

Price Volatility Vs. Market

How volatile is Stolt-Nielsen's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Stolt-Nielsen undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Stolt-Nielsen's share price is below the future cash flow value, and at a moderate discount (> 20%).

Stolt-Nielsen's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Stolt-Nielsen is overvalued based on earnings compared to the NO Shipping industry average.

Stolt-Nielsen is overvalued based on earnings compared to the Norway market.


Price Based on Expected Growth

Stolt-Nielsen is good value based on expected growth next year.


Price Based on Value of Assets

Stolt-Nielsen is good value based on assets compared to the NO Shipping industry average.


Next Steps

Future Growth

How is Stolt-Nielsen expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

45.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Stolt-Nielsen's revenue is expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).

Stolt-Nielsen's earnings are expected to grow significantly at over 20% yearly.

Stolt-Nielsen's revenue growth is positive but not above the Norway market average.

Stolt-Nielsen's earnings growth is expected to exceed the Norway market average.

Stolt-Nielsen's earnings growth is expected to exceed the low risk savings rate of 1.8%.


Earnings per Share Growth Estimates


Future Return on Equity

Stolt-Nielsen is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Stolt-Nielsen performed over the past 5 years?

-14.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Stolt-Nielsen's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Stolt-Nielsen's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Stolt-Nielsen's 1-year earnings growth is negative, it can't be compared to the NO Shipping industry average.


Return on Equity

Stolt-Nielsen has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Stolt-Nielsen used its assets less efficiently than the NO Shipping industry average last year based on Return on Assets.


Return on Capital Employed

Stolt-Nielsen's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Stolt-Nielsen's financial position?


Financial Position Analysis

Stolt-Nielsen's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Stolt-Nielsen's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Stolt-Nielsen's level of debt (174.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (114.5% vs 174.4% today).

Debt is not well covered by operating cash flow (13.6%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 1.3x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.2x debt.


Next Steps

Dividend

What is Stolt-Nielsen's current dividend yield, its reliability and sustainability?

6.34%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Stolt-Nielsen's pays a higher dividend yield than the bottom 25% of dividend payers in Norway (2.66%).

Stolt-Nielsen's dividend is below the markets top 25% of dividend payers in Norway (6.6%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.8x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.6x coverage).


Next Steps

Management

What is the CEO of Stolt-Nielsen's salary, the management and board of directors tenure and is there insider trading?

6.1yrs

Average management tenure


CEO

Niels Stolt-Nielsen (53yo)

18.6yrs

Tenure

Mr. Niels G. Stolt-Nielsen has been a Director at Golar LNG Limited since September 23, 2015. He serves as Chief Executive Officer of Stolt-Nielsen M.S. Ltd. Mr. Stolt-Nielsen has been the Chief Executive  ...


Management Age and Tenure

6.1yrs

Average Tenure

54yo

Average Age

The average tenure for the Stolt-Nielsen management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

3.5yrs

Average Tenure

61yo

Average Age

The tenure for the Stolt-Nielsen board of directors is about average.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Andrew Pickering (61yo)

    President of Stolt-Nielsen LNG Holding Ltd.

    • Tenure: 3.2yrs
  • Jens Grüner-Hegge (54yo)

    Chief Financial Officer

    • Tenure: 1.2yrs
  • Bill Bryant

    Managing Director APAC & MEA Regions

    • Tenure: 5.4yrs
  • Anne Müller (52yo)

    Chief Human Resources Officer

    • Tenure: 6.8yrs
  • Ellie Davison

    Head of Corporate Communications

  • John Wakely (71yo)

    Company Secretary

  • Bapsy Dastur

    Chief Legal Officer & General Counsel

    • Tenure: 3.3yrs
  • Peter Koenders (53yo)

    Chief Information Officer

    • Tenure: 12.2yrs
  • Mike Kramer (58yo)

    President of Stolt Tank Containers

    • Tenure: 19.4yrs
  • Niels Stolt-Nielsen (53yo)

    CEO & Director

    • Tenure: 18.6yrs

Board Members

  • Jacob Stolt-Nielsen (55yo)

    Director

    • Tenure: 24.4yrs
  • Jan Engelhardtsen (67yo)

    Director

    • Tenure: 1.3yrs
  • Sam Cooperman (73yo)

    Chairman of the Board of Directors

    • Tenure: 3.2yrs
  • Niels Stolt-Nielsen (53yo)

    CEO & Director

    • Tenure: 23.4yrs
  • Håkan Larsson (71yo)

    Director

    • Tenure: 12.0yrs
  • Rolf Jansen (52yo)

    Director

    • Tenure: 3.5yrs
  • Tor Trøim

    Director

    • Tenure: 3.2yrs

Company Information

Stolt-Nielsen Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Stolt-Nielsen Limited
  • Ticker: SNI
  • Exchange: OB
  • Founded: 1959
  • Industry: marine
  • Sector: transportation
  • Market Cap: kr6.139b
  • Shares outstanding: 60.54m
  • Website: Click here

Number of Employees


Location

  • Stolt-Nielsen Limited
  • Aldwych House
  • 4th Floor
  • London
  • Greater London
  • WC2B 4HN
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SOIE.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 1988
SNIOB (Oslo Bors)YesCommon SharesNONOKJun 1988
SN6DB (Deutsche Boerse AG)YesCommon SharesDEEURJun 1988
0OHKLSE (London Stock Exchange)YesCommon SharesGBNOKJun 1988
SNIOBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBNOKJun 1988

Biography

Stolt-Nielsen Limited, together with its subsidiaries, provides transportation, storage, and distribution solutions for chemicals and other bulk-liquid products worldwide. The company operates in four segm ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/19 21:33
End of Day Share Price2019/06/19 00:00
Earnings2019/02/28
Annual Earnings2018/11/30


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.