Sonae Capital SGPS
Market Cap
€192.4m
Last Updated
2019/12/15 21:10 UTC
Data Sources
Company Financials +
Executive Summary
Sonae Capital, SGPS, SA primarily engages in the resort, hotel, fitness, energy, refrigeration, heating, ventilation, and air conditioning businesses in Portugal and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
Share Price & News
How has Sonae Capital SGPS's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SONC has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.6%
SONC
1.0%
PT Industrials
0.7%
PT Market
1 Year Return
-12.8%
SONC
18.0%
PT Industrials
13.5%
PT Market
Return vs Industry: SONC underperformed the Portuguese Industrials industry which returned 18% over the past year.
Return vs Market: SONC underperformed the Portuguese Market which returned 13.5% over the past year.
Shareholder returns
| SONC | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 1.0% | 0.7% |
| 30 Day | -2.7% | 1.7% | -1.0% |
| 90 Day | 22.6% | 14.5% | 3.1% |
| 1 Year | -4.9%-12.8% | 22.2%18.0% | 18.3%13.5% |
| 3 Year | 30.1%0.6% | 19.5%8.7% | 30.2%-9.0% |
| 5 Year | 301.1%183.0% | 65.9%40.8% | 28.6%-49.5% |
Price Volatility Vs. Market
How volatile is Sonae Capital SGPS's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Can Sonae Capital, SGPS, SA (ELI:SONC) Improve Its Returns?1 month ago | Simply Wall St
Do Institutions Own Shares In Sonae Capital, SGPS, SA (ELI:SONC)?1 month ago | Simply Wall St
Is Sonae Capital SGPS (ELI:SONC) Using Too Much Debt?Valuation
Is Sonae Capital SGPS 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: SONC (€0.78) is trading below our estimate of fair value (€1.72)
Significantly Below Fair Value: SONC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SONC is poor value based on its PE Ratio (35.3x) compared to the Industrials industry average (19.1x).
PE vs Market: SONC is poor value based on its PE Ratio (35.3x) compared to the Portuguese market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: SONC is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: SONC is good value based on its PB Ratio (0.8x) compared to the XE Industrials industry average (1x).
Next Steps
Future Growth
How is Sonae Capital SGPS forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
24.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SONC's forecast earnings growth (24.4% per year) is above the savings rate (0.4%).
Earnings vs Market: SONC's earnings (24.4% per year) are forecast to grow faster than the Portuguese market (7.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SONC's revenue (1.5% per year) is forecast to grow slower than the Portuguese market (2.7% per year).
High Growth Revenue: SONC's revenue (1.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SONC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Sonae Capital SGPS performed over the past 5 years?
5.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SONC has a large one-off gain of €7.3M impacting its September 30 2019 financial results.
Growing Profit Margin: SONC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SONC has become profitable over the past 5 years, growing earnings by 5.2% per year.
Accelerating Growth: SONC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SONC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Industrials industry (-3.6%).
Return on Equity
High ROE: SONC's Return on Equity (2.9%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Sonae Capital SGPS's financial position?
Financial Position Analysis
Short Term Liabilities: SONC's short term assets (€194.7M) do not cover its short term liabilities (€217.0M).
Long Term Liabilities: SONC's short term assets (€194.7M) exceed its long term liabilities (€167.8M).
Debt to Equity History and Analysis
Debt Level: SONC's debt to equity ratio (57.8%) is considered high.
Reducing Debt: SONC's debt to equity ratio has reduced from 73.2% to 57.8% over the past 5 years.
Debt Coverage: SONC's debt is well covered by operating cash flow (34.4%).
Interest Coverage: SONC's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
Inventory Level: SONC has a high level of physical assets or inventory.
Debt Coverage by Assets: SONC's debt is covered by short term assets (assets are 1.4x debt).
Next Steps
Dividend
What is Sonae Capital SGPS's current dividend yield, its reliability and sustainability?
9.48%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SONC's dividend (9.48%) is higher than the bottom 25% of dividend payers in the Portuguese market (2.54%).
High Dividend: SONC's dividend (9.48%) is in the top 25% of dividend payers in the Portuguese market (6.95%)
Stability and Growth of Payments
Stable Dividend: SONC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SONC's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (334.2%), SONC's dividend payments are not well 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.
Next Steps
Management
What is the CEO of Sonae Capital SGPS's salary, the management and board of directors tenure and is there insider trading?
5.8yrs
Average board tenure
CEO
Miguel Moreira da Cruz Gil Mata (45yo)
1.4yrs
Tenure
€278,446
Compensation
Mr. Miguel Jorge Moreira da Cruz Gil Mata has been the Chief Executive Officer since July 17, 2018 at Sonae Capital, SGPS, SA and its Executive Director since April 07, 2016.
CEO Compensation Analysis
Compensation vs Market: Miguel's total compensation ($USD309.73K) is below average for companies of similar size in the Portuguese market ($USD563.11K).
Compensation vs Earnings: Miguel's compensation has been consistent with company performance over the past year.
Board Age and Tenure
5.8yrs
Average Tenure
53.5yo
Average Age
Experienced Board: SONC's board of directors are considered experienced (5.8 years average tenure).
Insider Trading
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.
Management Team
Anabela de Matos
Company Secretary
- Tenure: 0yrs
Ivone Maria Pinho Da Silva (46yo)
CFO & Executive Director
- Tenure: 6.8yrs
- Compensation: €266.29k
Miguel Moreira da Cruz Gil Mata (45yo)
CEO & Executive Director
- Tenure: 1.4yrs
- Compensation: €278.45k
Pedro Bruno
Executive Director
- Tenure: 0.7yrs
Board Members
Francisco de La Fuente Sánchez (77yo)
Independent Non-Executive Director
- Tenure: 11.7yrs
- Compensation: €30.63k
Álvaro Carmona E. Costa Portela (68yo)
Independent Non-Executive Vice-Chairman
- Tenure: 0yrs
- Compensation: €76.97k
Duarte Paulo de Azevedo (54yo)
Chairman
- Tenure: 4.8yrs
- Compensation: €142.30k
Maria Cláudia de Azevedo (49yo)
Non-Executive Director
- Tenure: 8.8yrs
- Compensation: €289.93k
Paulo José Jubilado de Pinho (56yo)
Independent Non Executive Director
- Tenure: 11.7yrs
- Compensation: €30.63k
Ivone Maria Pinho Da Silva (46yo)
CFO & Executive Director
- Tenure: 6.8yrs
- Compensation: €266.29k
António Monteiro Magalhães
Chairman of Supervisory Board
- Tenure: 0yrs
Miguel Moreira da Cruz Gil Mata (45yo)
CEO & Executive Director
- Tenure: 1.4yrs
- Compensation: €278.45k
Pedro Bruno
Executive Director
- Tenure: 0.7yrs
Isabel Vaz (53yo)
Director
- Tenure: 0.7yrs
Company Information
Sonae Capital, SGPS, SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sonae Capital, SGPS, SA
- Ticker: SONC
- Exchange: ENXTLS
- Founded: 2007
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: €192.383m
- Shares outstanding: 246.33m
- Website: https://www.sonaecapital.pt
Number of Employees
Location
- Sonae Capital, SGPS, SA
- Lugar do Espido
- Via Norte
- Maia
- Norte
- 4471-907
- Portugal
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SONC | ENXTLS (Euronext Lisbon) | Yes | Ordinary Shares | PT | EUR | Jan 2008 |
| 6SC | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 2008 |
| 0IEF | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jan 2008 |
| SONCu | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 2008 |
Biography
Sonae Capital, SGPS, SA primarily engages in the resort, hotel, fitness, energy, refrigeration, heating, ventilation, and air conditioning businesses in Portugal and internationally. It operates through Tr ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/15 21:10 |
| End of Day Share Price | 2019/12/13 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.