OM:SINT

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet with outstanding track record.

Risks

  • SinterCast is covered by less than 3 analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-6.8%

OM:SINT

-0.4%

SE Machinery

-0.9%

SE Market


1 Year Return

72.3%

OM:SINT

-1.7%

SE Machinery

4.4%

SE Market

SINT outperformed the Machinery industry which returned 1.2% over the past year.

SINT outperformed the Market in Sweden which returned 6.7% over the past year.


Share holder returns

SINTIndustryMarket
7 Day-6.8%-0.4%-0.9%
30 Day-8.7%0.5%1.2%
90 Day2.2%-6.3%-0.5%
1 Year75.5%72.3%1.5%-1.7%8.7%4.4%
3 Year81.5%63.5%62.2%35.1%33.0%13.0%
5 Year118.2%84.5%78.0%40.5%51.6%20.0%

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 based on future cash flows and its price relative to the stock market?

7%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

SinterCast's share price is below the future cash flow value, but not at a moderate discount (< 20%).

SinterCast's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

SinterCast is overvalued based on earnings compared to the SE Machinery industry average.

SinterCast is overvalued based on earnings compared to the Sweden market.


Price Based on Expected Growth

SinterCast is poor value based on expected growth next year.


Price Based on Value of Assets

SinterCast is overvalued based on assets compared to the SE Machinery industry average.


Next Steps

Future Growth

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

13.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

SinterCast's revenue is expected to grow by 10% yearly, however this is not considered high growth (20% yearly).

SinterCast's earnings are expected to grow by 13.6% yearly, however this is not considered high growth (20% yearly).

SinterCast's revenue growth is expected to exceed the Sweden market average.

SinterCast's earnings growth is expected to exceed the Sweden market average.

SinterCast's earnings growth is expected to exceed the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

SinterCast is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).


Next Steps

Past Performance

How has SinterCast performed over the past 5 years?

18.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

SinterCast's year on year earnings growth rate has been positive over the past 5 years.

SinterCast's 1-year earnings growth exceeds its 5-year average (87.3% vs 18%)

SinterCast's earnings growth has exceeded the SE Machinery industry average in the past year (87.3% vs 30.6%).


Return on Equity

SinterCast has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

SinterCast used its assets more efficiently than the SE Machinery industry average last year based on Return on Assets.


Return on Capital Employed

SinterCast has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is SinterCast's financial position?


Financial Position Analysis

SinterCast is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

SinterCast's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

SinterCast has no debt.

SinterCast has not taken on any debt in the past 5 years.

SinterCast has no debt, it does not need to be covered by operating cash flow.

SinterCast has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

SinterCast has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

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

4.52%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase SinterCast before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

SinterCast's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.87%).

SinterCast's dividend is below the markets top 25% of dividend payers in Sweden (4.36%).

SinterCast has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but SinterCast only paid a dividend in the past 8 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.5x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.1x coverage).


Next Steps

Management

What is the CEO of SinterCast's salary, the management and board of directors tenure and is there insider trading?

13.4yrs

Average management tenure


CEO

Steve Dawson (57yo)

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 ...


Management Age and Tenure

13.4yrs

Average Tenure

55.5yo

Average Age

The average tenure for the SinterCast management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

1.8yrs

Average Tenure

63yo

Average Age

The average tenure for the SinterCast board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month individual insider trading information.


Ownership Breakdown


Management Team

  • Steve Wallace (52yo)

    Operations Director

    • Tenure: 16.5yrs
  • Steve Dawson (57yo)

    CEO, President

  • Daphner Uhmeier (57yo)

    Finance Director

    • Tenure: 15.5yrs
  • David Gilson (54yo)

    Global Sales & Marketing Director

    • Tenure: 7.8yrs
  • Xiang Feng Zhang

    GM of China & Head of Ab Shanghai Representation Office

    • Tenure: 11.3yrs
  • Arnaud Denis

    Chief Engineer of Tracking Technologies


Board Members

  • Caroline Sundewall (61yo)

    Director

    • Tenure: 2.5yrs
  • Steve Dawson (57yo)

    CEO, President

    • Tenure: 12.5yrs
  • Bob Dover (74yo)

    Director

    • Tenure: 15.5yrs
  • Jun Arimoto (65yo)

    Director

    • Tenure: 1.2yrs
  • Lars-Erik Hellberg (60yo)

    Director

    • Tenure: 1.2yrs
  • Jan Jonsson (68yo)

    Chairman of the Board

    • Tenure: 0.2yrs

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: kr967.803m
  • Shares outstanding: 7.09m
  • Website: Click here

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

Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/17 20:43
End of Day Share Price2019/07/17 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.