OM:SINT

Stock Analysis Report

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Executive Summary

SinterCast AB (publ) provides process control technology and solutions for the production of compacted graphite iron (CGI) to foundry and automotive industries worldwide.


Snowflake Analysis

Outstanding track record with flawless balance sheet.

Share Price & News

How has SinterCast's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.7%

SINT

-2.1%

SE Machinery

-0.1%

SE Market


1 Year Return

5.5%

SINT

25.6%

SE Machinery

15.7%

SE Market

Return vs Industry: SINT underperformed the Swedish Machinery industry which returned 18.5% over the past year.

Return vs Market: SINT underperformed the Swedish Market which returned 10.8% over the past year.


Shareholder returns

SINTIndustryMarket
7 Day-0.7%-2.1%-0.1%
30 Day1.5%1.2%3.9%
90 Day21.5%19.0%18.3%
1 Year7.3%5.5%26.8%25.6%17.5%15.7%
3 Year118.0%103.0%38.0%17.9%26.8%13.5%
5 Year78.3%51.8%85.2%49.4%38.5%10.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is SinterCast undervalued compared to its fair value and its price relative to the market?

31.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SINT (SEK147.2) is trading below our estimate of fair value (SEK214.56)

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


Price To Earnings Ratio

PE vs Industry: SINT is poor value based on its PE Ratio (22.4x) compared to the SE Machinery industry average (21.7x).

PE vs Market: SINT is poor value based on its PE Ratio (22.4x) compared to the Swedish market (21.4x).


Price to Earnings Growth Ratio

PEG Ratio: SINT is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: SINT is overvalued based on its PB Ratio (8.8x) compared to the SE Machinery industry average (2.8x).


Next Steps

Future Growth

How is SinterCast forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

21.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SINT's forecast earnings growth (21.9% per year) is above the savings rate (0.5%).

Earnings vs Market: SINT's earnings (21.9% per year) are forecast to grow faster than the Swedish market (19.6% per year).

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

Revenue vs Market: SINT's revenue (13.8% per year) is forecast to grow faster than the Swedish market (6.3% per year).

High Growth Revenue: SINT's revenue (13.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SINT's Return on Equity is forecast to be very high in 3 years time (50.8%).


Next Steps

  • Explore growth companies in the Capital Goods industry.

Past Performance

How has SinterCast performed over the past 5 years?

18.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SINT has high quality earnings.

Growing Profit Margin: SINT's current net profit margins (39.3%) are higher than last year (39.3%).


Past Earnings Growth Analysis

Earnings Trend: SINT's earnings have grown by 18.2% per year over the past 5 years.

Accelerating Growth: SINT's earnings growth over the past year (25.9%) exceeds its 5-year average (18.2% per year).

Earnings vs Industry: SINT earnings growth over the past year (25.9%) exceeded the Machinery industry -23.2%.


Return on Equity

High ROE: SINT's Return on Equity (39.2%) is considered high.


Next Steps

Financial Health

How is SinterCast's financial position?


Financial Position Analysis

Short Term Liabilities: SINT's short term assets (SEK82.5M) exceed its short term liabilities (SEK17.4M).

Long Term Liabilities: SINT's short term assets (SEK82.5M) exceed its long term liabilities (SEK1.9M).


Debt to Equity History and Analysis

Debt Level: SINT is debt free.

Reducing Debt: SINT has not had any debt for past 5 years.

Debt Coverage: SINT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SINT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is SinterCast current dividend yield, its reliability and sustainability?

4.59%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SINT's dividend (4.59%) is higher than the bottom 25% of dividend payers in the Swedish market (1.4%).

High Dividend: SINT's dividend (4.59%) is low compared to the top 25% of dividend payers in the Swedish market (5.06%).


Stability and Growth of Payments

Stable Dividend: SINT has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SINT's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (68.6%), SINT's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SINT's dividends in 3 years are not forecast to be well covered by earnings (130% payout ratio).


Next Steps

Management

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

14.5yrs

Average management tenure


CEO

Steve Dawson (58 yo)

no data

Tenure

Dr. Steve Dawson, B.Eng, M.A.Sc., Ph.D., P.Eng, FIMechE serves as the President and Chief Executive Officer of SinterCast AB. and serves as its Managing Director. Dr. Dawson joined SinterCast AB in 1991 a ...


Leadership Team

NamePositionTenureCompensationOwnership
Steve Dawson
CEO, Presidentno datano data0.53%
SEK 5.5m
Daphner Uhmeier
Finance Director16.58yrsno data0.18%
SEK 1.9m
Steve Wallace
Operations Director17.58yrsno data0.11%
SEK 1.2m
David Gilson
Global Sales & Marketing Director8.92yrsno datano data
Frank Zhang
GM of China & Head of Ab Shanghai Representation Office12.42yrsno datano data
Arnaud Denis
Chief Engineer of Tracking Technologiesno datano datano data

14.5yrs

Average Tenure

56.5yo

Average Age

Experienced Management: SINT's management team is seasoned and experienced (14.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Steve Dawson
CEO, Presidentno datano data0.53%
SEK 5.5m
Robert Dover
Independent Director16.58yrskr180.00k0.018%
SEK 183.9k
Åsa Källenius
Director0.58yrno datano data
Jun Arimoto
Independent Director2.25yrskr180.00k0.0086%
SEK 90.3k
Jan Jonsson
Chairman of the Board1.25yrskr390.00k0.071%
SEK 736.0k
Steve Gill
Director0.58yrno datano data

1.8yrs

Average Tenure

62yo

Average Age

Experienced Board: SINT's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SINT 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

SinterCast AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SinterCast AB (publ)
  • Ticker: SINT
  • Exchange: OM
  • Founded: 1983
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: kr1.044b
  • Shares outstanding: 7.09m
  • Website: https://www.sintercast.com

Number of Employees


Location

  • SinterCast AB (publ)
  • Technical Centre
  • Kungsgatan 2
  • Stockholm
  • Stockholm County
  • 641 30
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SINTOM (OMX Nordic Exchange Stockholm)YesOrdinary SharesSESEKNov 1993
0HW9LSE (London Stock Exchange)YesOrdinary SharesGBSEKNov 1993
SINTSBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBSEKNov 1993

Biography

SinterCast AB (publ) provides process control technology and solutions for the production of compacted graphite iron (CGI) to foundry and automotive industries worldwide. It offers fully automated System 4 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/03 20:58
End of Day Share Price2020/08/03 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.