Summerset Group Holdings Limited, together with its subsidiaries, develops, owns, and operates integrated retirement villages in New Zealand. More Details
Reasonable growth potential and slightly overvalued.
Share Price & News
How has Summerset Group Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SUM is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SUM's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SUM exceeded the NZ Healthcare industry which returned 8.5% over the past year.
Return vs Market: SUM exceeded the NZ Market which returned 9.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Summerset Group Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDid Summerset Group Holdings Limited (NZSE:SUM) Insiders Sell Shares?
3 weeks ago | Simply Wall StIs It Too Late To Consider Buying Summerset Group Holdings Limited (NZSE:SUM)?
1 month ago | Simply Wall StWhat Type Of Shareholders Make Up Summerset Group Holdings Limited's (NZSE:SUM) Share Registry?
Is Summerset Group Holdings 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: SUM (NZ$10.78) is trading below our estimate of fair value (NZ$18.46)
Significantly Below Fair Value: SUM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SUM is poor value based on its PE Ratio (28.9x) compared to the XO Healthcare industry average (28.7x).
PE vs Market: SUM is poor value based on its PE Ratio (28.9x) compared to the NZ market (23.5x).
Price to Earnings Growth Ratio
PEG Ratio: SUM is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: SUM is overvalued based on its PB Ratio (2.2x) compared to the NZ Healthcare industry average (1.8x).
How is Summerset Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SUM's forecast earnings growth (27.8% per year) is above the savings rate (2.6%).
Earnings vs Market: SUM's earnings (27.8% per year) are forecast to grow faster than the NZ market (11.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SUM's revenue (11.9% per year) is forecast to grow faster than the NZ market (5.9% per year).
High Growth Revenue: SUM's revenue (11.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SUM's Return on Equity is forecast to be low in 3 years time (10.4%).
How has Summerset Group Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SUM has a large one-off gain of NZ$70.3M impacting its June 30 2020 financial results.
Growing Profit Margin: SUM's current net profit margins (51.7%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: SUM's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: SUM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SUM had negative earnings growth (-60.3%) over the past year, making it difficult to compare to the Healthcare industry average (-16.1%).
Return on Equity
High ROE: SUM's Return on Equity (7.5%) is considered low.
How is Summerset Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SUM's short term assets (NZ$59.7M) do not cover its short term liabilities (NZ$150.0M).
Long Term Liabilities: SUM's short term assets (NZ$59.7M) do not cover its long term liabilities (NZ$2.2B).
Debt to Equity History and Analysis
Debt Level: SUM's debt to equity ratio (61.8%) is considered high.
Reducing Debt: SUM's debt to equity ratio has increased from 45.4% to 61.8% over the past 5 years.
Debt Coverage: SUM's debt is well covered by operating cash flow (34.5%).
Interest Coverage: SUM's interest payments on its debt are not well covered by EBIT (2.9x coverage).
What is Summerset Group Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SUM's dividend (1.27%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (2.66%).
High Dividend: SUM's dividend (1.27%) is low compared to the top 25% of dividend payers in the NZ market (4.37%).
Stability and Growth of Payments
Stable Dividend: SUM is not paying a notable dividend for the NZ market, therefore no need to check if payments are stable.
Growing Dividend: SUM is not paying a notable dividend for the NZ market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: SUM is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SUM's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Julian Cook, B.A., B.Sc., FCPA & M.Sc., has been Chief Executive Officer of Summerset Group Holdings Limited since April 7, 2014. Mr. Cook served as Chief Financial Officer of Summerset Group Holdings ...
|Chief Executive Officer||6.58yrs||no data||0.95% |
|no data||no data||no data|
|Deputy CEO & CFO||6.67yrs||no data||0.30% |
|General Manager of Operations & Customer Experience||4.83yrs||no data||no data|
|Head of Legal & Company Secretary||1.25yrs||no data||no data|
|Communications Manager||no data||no data||no data|
|General Manager of Sales||3.25yrs||no data||no data|
|General Manager of Human Resources||1.83yrs||no data||no data|
Experienced Management: SUM's management team is considered experienced (4 years average tenure).
|Non-Executive Independent Director||9.75yrs||NZ$105.00k||0.11% |
|Non-Executive Independent Director||6.67yrs||NZ$95.50k||0.014% |
|Non-Executive Independent Director||4.17yrs||NZ$95.50k||0.011% |
|Non-Executive Independent Director||7.17yrs||NZ$100.50k||0.011% |
|Independent Chairman||no data||NZ$176.33k||no data|
|Non-Executive Independent Director||3.67yrs||NZ$88.00k||0.0046% |
|Non-Executive Independent Director||0.75yr||no data||no data|
Experienced Board: SUM's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SUM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Summerset Group Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Summerset Group Holdings Limited
- Ticker: SUM
- Exchange: NZSE
- Founded: 1994
- Industry: Health Care Facilities
- Sector: Healthcare
- Market Cap: NZ$2.434b
- Shares outstanding: 226.25m
- Website: https://www.summerset.co.nz
Number of Employees
- Summerset Group Holdings Limited
- Majestic Centre
- Level 27
- New Zealand
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SUM||NZSE (New Zealand Stock Exchange)||Yes||Ordinary Shares||NZ||NZD||Nov 2011|
|SNZ||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Nov 2011|
|SNZ||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Nov 2011|
|SMGR.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Nov 2011|
Summerset Group Holdings Limited, together with its subsidiaries, develops, owns, and operates integrated retirement villages in New Zealand. It provides various independent living options, including villa...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 06:00|
|End of Day Share Price||2020/11/26 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.