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 Analysis

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

Stable Share Price: SNI has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.2%

SNI

0.3%

NO Shipping

0.2%

NO Market


1 Year Return

8.1%

SNI

-2.1%

NO Shipping

-0.7%

NO Market

Return vs Industry: SNI exceeded the Norwegian Shipping industry which returned -2.1% over the past year.

Return vs Market: SNI exceeded the Norwegian Market which returned -0.7% over the past year.


Shareholder returns

SNIIndustryMarket
7 Day0.2%0.3%0.2%
30 Day-3.9%-3.4%-1.3%
90 Day5.7%4.2%1.7%
1 Year12.6%8.1%1.3%-2.1%4.5%-0.7%
3 Year1.3%-11.1%-12.8%-19.2%33.3%16.6%
5 Year24.2%-5.8%-1.3%-14.1%58.2%24.1%

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 compared to its fair value and its price relative to the market?

45.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SNI (NOK117.8) is trading below our estimate of fair value (NOK215.42)

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


Price To Earnings Ratio

PE vs Industry: SNI is poor value based on its PE Ratio (36.6x) compared to the Shipping industry average (12.7x).

PE vs Market: SNI is poor value based on its PE Ratio (36.6x) compared to the Norwegian market (15.7x).


Price to Earnings Growth Ratio

PEG Ratio: SNI is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: SNI is good value based on its PB Ratio (0.6x) compared to the NO Shipping industry average (0.6x).


Next Steps

Future Growth

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

42.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNI's forecast earnings growth (42% per year) is above the savings rate (0.7%).

Earnings vs Market: SNI's earnings (42% per year) are forecast to grow faster than the Norwegian market (18.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SNI's revenue (2.8% per year) is forecast to grow slower than the Norwegian market (3.3% per year).

High Growth Revenue: SNI's revenue (2.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SNI's Return on Equity is forecast to be low in 3 years time (9.2%).


Next Steps

Past Performance

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

-26.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SNI has high quality earnings.

Growing Profit Margin: SNI's current net profit margins (1%) are lower than last year (2.6%).


Past Earnings Growth Analysis

Earnings Trend: SNI's earnings have declined by -26.7% per year over the past 5 years.

Accelerating Growth: SNI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SNI had negative earnings growth (-61.6%) over the past year, making it difficult to compare to the Shipping industry average (-29.4%).


Return on Equity

High ROE: SNI's Return on Equity (1.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Stolt-Nielsen's financial position?


Financial Position Analysis

Short Term Liabilities: SNI's short term assets ($518.2M) do not cover its short term liabilities ($688.4M).

Long Term Liabilities: SNI's short term assets ($518.2M) do not cover its long term liabilities ($2.5B).


Debt to Equity History and Analysis

Debt Level: SNI's debt to equity ratio (170.4%) is considered high.

Reducing Debt: SNI's debt to equity ratio has increased from 134.5% to 170.4% over the past 5 years.

Debt Coverage: SNI's debt is not well covered by operating cash flow (11.8%).

Interest Coverage: SNI's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet

Inventory Level: SNI has a high level of physical assets or inventory.

Debt Coverage by Assets: SNI's 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?

3.94%

Current Dividend Yield


Dividend Yield vs Market

company3.9%marketbottom25%2.8%markettop25%6.2%industryaverage4.0%forecastin3Years6.2%

Current dividend yield vs market & industry

Notable Dividend: SNI's dividend (3.94%) is higher than the bottom 25% of dividend payers in the Norwegian market (2.83%).

High Dividend: SNI's dividend (3.94%) is low compared to the top 25% of dividend payers in the Norwegian market (6.18%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (144%), SNI's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SNI's dividends in 3 years are forecast to be well covered by earnings (36.9% payout ratio).


Next Steps

Management

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

6.8yrs

Average management tenure


CEO

Niels Stolt-Nielsen (54yo)

19.3yrs

Tenure

0

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


Leadership Team

NamePositionTenureCompensationOwnership
Niels Stolt-Nielsen
CEO & Director19.3yrsno datano data
Jens Grüner-Hegge
Chief Financial Officer1.8yrsno datano data
Peter Koenders
Chief Information Officer12.8yrsno datano data
Ellie Davison
Head of Corporate Communications0yrsno datano data
Anne Müller
Chief Human Resources Officer7.4yrsno datano data
Bill Bryant
Managing Director APAC & MEA Regions6.1yrsno datano data
John Wakely
Company Secretary0yrsno datano data
Michael Kramer
President of Stolt Tank Containers20.1yrsno datano data
Guy Bessant
President of Stolthaven Terminals4.9yrsno datano data
Jordi Trias
President of Stolt Sea Farm2.1yrsno datano data

6.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: SNI's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Niels Stolt-Nielsen
CEO & Director19.3yrsno datano data
Tor Trøim
Independent Director3.8yrsno datano data
Jacob Stolt-Nielsen
Director25.1yrsno datano data
Jan Engelhardtsen
Director1.9yrsno datano data
Samuel Cooperman
Chairman of the Board of Directors3.8yrsno datano data
Håkan Larsson
Independent Director12.7yrsno datano data
Rolf Jansen
Independent Director4.2yrsno datano data

4.2yrs

Average Tenure

56yo

Average Age

Experienced Board: SNI's board of directors are considered experienced (4.2 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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: kr6.953b
  • Shares outstanding: 59.02m
  • Website: https://www.stolt-nielsen.com

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 segments: Tankers, Tank Containers, Terminals, and Stolt Sea Farm. It transports, stores, and distributes bulk-liquid chemicals, edible oils, acids, petroleum products, and other specialty liquids. The company also produces, processes, and markets seafood, including turbot, sturgeon, caviar, and sole; and transports liquefied petroleum gas. It is also involved in the distribution of bitumen. In addition, it owns and operates liquid natural gas and liquefied petroleum gas carriers. The company was founded in 1959 and is based in London, the United Kingdom. Stolt-Nielsen Limited is a subsidiary of Fiducia Ltd. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 22:33
End of Day Share Price2020/02/21 00:00
Earnings2019/11/30
Annual Earnings2019/11/30


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.