AS Silvano Fashion Group designs, manufactures, distributes, and retails women’s lingerie.
Flawless balance sheet, good value and pays a dividend.
Share Price & News
How has AS Silvano Fashion Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SFG's share price has been volatile over the past 3 months.
7 Day Return
PL Specialty Retail
1 Year Return
PL Specialty Retail
Return vs Industry: SFG exceeded the Polish Specialty Retail industry which returned -41.9% over the past year.
Return vs Market: SFG underperformed the Polish Market which returned -33.2% over the past year.
Price Volatility Vs. Market
How volatile is AS Silvano Fashion Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is AS Silvano Fashion Group 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: SFG (PLN6.7) is trading below our estimate of fair value (PLN20.56)
Significantly Below Fair Value: SFG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SFG is good value based on its PE Ratio (4.7x) compared to the Specialty Retail industry average (6.6x).
PE vs Market: SFG is good value based on its PE Ratio (4.7x) compared to the Polish market (9.3x).
Price to Earnings Growth Ratio
PEG Ratio: SFG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SFG is overvalued based on its PB Ratio (1.9x) compared to the PL Specialty Retail industry average (1x).
How is AS Silvano Fashion Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SFG's earnings are forecast to decline over the next 3 years (-14.1% per year).
Earnings vs Market: SFG's earnings are forecast to decline over the next 3 years (-14.1% per year).
High Growth Earnings: SFG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SFG's revenue (0.8% per year) is forecast to grow slower than the Polish market (4.5% per year).
High Growth Revenue: SFG's revenue (0.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SFG's Return on Equity is forecast to be high in 3 years time (34.5%)
How has AS Silvano Fashion Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SFG has high quality earnings.
Growing Profit Margin: SFG's current net profit margins (18.7%) are higher than last year (17.4%).
Past Earnings Growth Analysis
Earnings Trend: SFG's earnings have grown by 5.5% per year over the past 5 years.
Accelerating Growth: SFG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SFG had negative earnings growth (-1.2%) over the past year, making it difficult to compare to the Specialty Retail industry average (2.9%).
Return on Equity
High ROE: SFG's Return on Equity (37.5%) is considered high.
How is AS Silvano Fashion Group's financial position?
Financial Position Analysis
Short Term Liabilities: SFG's short term assets (€27.1M) exceed its short term liabilities (€10.2M).
Long Term Liabilities: SFG's short term assets (€27.1M) exceed its long term liabilities (€6.4M).
Debt to Equity History and Analysis
Debt Level: SFG is debt free.
Reducing Debt: SFG had no debt 5 years ago.
Debt Coverage: SFG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SFG has no debt, therefore coverage of interest payments is not a concern.
What is AS Silvano Fashion Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SFG's dividend (14.29%) is higher than the bottom 25% of dividend payers in the Polish market (3.11%).
High Dividend: SFG's dividend (14.29%) is in the top 25% of dividend payers in the Polish market (8.88%)
Stability and Growth of Payments
Stable Dividend: SFG's dividend payments have been volatile in the past 10 years.
Growing Dividend: SFG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67.5%), SFG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
AS Silvano Fashion Group has no CEO, or we have no data on them.
|Member of Supervisory Board||no data||no data||22.22% €56.7m|
|Member of Supervisory Board||no data||no data||no data|
|Chairman of Supervisory Board||7.42yrs||no data||1.72% €4.4m|
|Member of Supervisory Board||6.75yrs||no data||no data|
|Member of Supervisory Board||0.92yr||no data||no data|
Experienced Board: SFG's board of directors are considered experienced (6.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AS Silvano Fashion Group's company bio, employee growth, exchange listings and data sources
- Name: AS Silvano Fashion Group
- Ticker: SFG
- Exchange: WSE
- Founded: 1908
- Industry: Apparel Retail
- Sector: Retail
- Market Cap: €55.800m
- Listing Market Cap: €254.971m
- Shares outstanding: 36.00m
- Website: https://www.silvanofashion.com
Number of Employees
- AS Silvano Fashion Group
- Tulika 15/17
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SFG1T||TLSE (OMX Nordic Exchange Tallinn)||Yes||Class A Shares||EE||EUR||Oct 2006|
|SFG||WSE (Warsaw Stock Exchange)||Yes||Class A Shares||PL||PLN||Oct 2006|
|0FZD||LSE (London Stock Exchange)||Yes||Class A Shares||GB||EUR||Oct 2006|
|FQE||DB (Deutsche Boerse AG)||Yes||Class A Shares||DE||EUR||Oct 2006|
AS Silvano Fashion Group designs, manufactures, distributes, and retails women’s lingerie. The company sells its products under the Milavitsa, Lauma Lingerie, Alisee, Aveline, Laumelle, and Hidalgo brands through wholesales channel and franchised sales, as well as through Milavitsa and Lauma Lingerie retail stores. It also offers logistics services. The company owns 680 branded stores, including 631 Milavitsa and 49 Lauma Lingerie stores, which include 594 franchise and 86 Group own operated retail stores in Russia, Belarus, Ukraine, the Baltics, and internationally. AS Silvano Fashion Group was founded in 1908 and is based in Tallinn, Estonia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 21:37|
|End of Day Share Price||2020/04/07 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.