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Rassini. de

OTCPK:SNCC.F
Snowflake Description

Very undervalued with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SNCC.F
OTCPK
MX$11B
Market Cap
  1. Home
  2. US
  3. Automobiles
Company description

Rassini S.A.B. de C.V. produces and sells suspension components for light commercial vehicles. The last earnings update was 149 days ago. More info.


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SNCC.F Share Price and Events
7 Day Returns
0%
OTCPK:SNCC.F
-1.9%
US Auto Components
1.6%
US Market
1 Year Returns
-
OTCPK:SNCC.F
-26%
US Auto Components
3.2%
US Market
SNCC.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Rassini. de (SNCC.F) 0% 0% 0% - - -
US Auto Components -1.9% -5.3% 13.1% -26% -0.9% -1.2%
US Market 1.6% 2.1% 12.8% 3.2% 38.6% 43.6%
1 Year Return vs Industry and Market
  • No trading data on SNCC.F.
  • No trading data on SNCC.F.
Price Volatility
SNCC.F
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Rassini. de's competitors could be found in our database.

SNCC.F Value

 Is Rassini. de undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Rassini. de to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Rassini. de.

OTCPK:SNCC.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:SNCC.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.18
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.18 (1 + (1- 30%) (16.32%))
1.211
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.21
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.211 * 5.96%)
9.95%

Discounted Cash Flow Calculation for OTCPK:SNCC.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Rassini. de is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:SNCC.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (MXN, Millions) Source Present Value
Discounted (@ 9.95%)
2019 1,276.09 Est @ -3.97% 1,160.62
2020 1,251.06 Est @ -1.96% 1,034.89
2021 1,244.13 Est @ -0.55% 936.03
2022 1,249.50 Est @ 0.43% 855.00
2023 1,263.50 Est @ 1.12% 786.35
2024 1,283.76 Est @ 1.6% 726.66
2025 1,308.69 Est @ 1.94% 673.74
2026 1,337.19 Est @ 2.18% 626.12
2027 1,368.53 Est @ 2.34% 582.81
2028 1,402.19 Est @ 2.46% 543.11
Present value of next 10 years cash flows MX$7,925.33
OTCPK:SNCC.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= MX$1,402.19 × (1 + 2.73%) ÷ (9.95% – 2.73%)
MX$19,953.33
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= MX$19,953.33 ÷ (1 + 9.95%)10
MX$7,728.49
OTCPK:SNCC.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= MX$7,925.33 + MX$7,728.49
MX$15,653.82
Equity Value per Share
(MXN)
= Total value / Shares Outstanding
= MX$15,653.82 / 249.16
MX$3.72
OTCPK:SNCC.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:SNCC.F represents 0.05922x of BMV:RASSINI A
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.05922x
Value per Share
(Listing Adjusted, USD)
= Value per Share (MXN) x Listing Adjustment Factor
= MX$ 62.83 x 0.05922
$3.72
Value per share (USD) From above. $3.72
Current discount Discount to share price of $2.07
= -1 x ($2.07 - $3.72) / $3.72
44.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Rassini. de is available for.
Intrinsic value
44%
Share price is $2.07 vs Future cash flow value of $3.72
Current Discount Checks
For Rassini. de to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Rassini. de's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Rassini. de's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Rassini. de's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Rassini. de's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:SNCC.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in MXN MX$5.64
BMV:RASSINI A Share Price ** BMV (2018-12-20) in MXN MX$34.99
United States of America Auto Components Industry PE Ratio Median Figure of 29 Publicly-Listed Auto Components Companies 13.57x
United States of America Market PE Ratio Median Figure of 3,056 Publicly-Listed Companies 17.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Rassini. de.

OTCPK:SNCC.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BMV:RASSINI A Share Price ÷ EPS (both in MXN)

= 34.99 ÷ 5.64

6.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rassini. de is good value based on earnings compared to the US Auto Components industry average.
  • Rassini. de is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Rassini. de's expected growth come at a high price?
Raw Data
OTCPK:SNCC.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
11.6%per year
United States of America Auto Components Industry PEG Ratio Median Figure of 25 Publicly-Listed Auto Components Companies 1.08x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

OTCPK:SNCC.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 6.21x ÷ 11.6%

0.53x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rassini. de is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Rassini. de's assets?
Raw Data
OTCPK:SNCC.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in MXN MX$24.20
BMV:RASSINI A Share Price * BMV (2018-12-20) in MXN MX$34.99
United States of America Auto Components Industry PB Ratio Median Figure of 42 Publicly-Listed Auto Components Companies 1.54x
United States of America Market PB Ratio Median Figure of 5,154 Publicly-Listed Companies 1.89x
OTCPK:SNCC.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BMV:RASSINI A Share Price ÷ Book Value per Share (both in MXN)

= 34.99 ÷ 24.20

1.45x

* Primary Listing of Rassini. de.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rassini. de is good value based on assets compared to the US Auto Components industry average.
X
Value checks
We assess Rassini. de's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Rassini. de has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SNCC.F Future Performance

 How is Rassini. de expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Rassini. de expected to grow at an attractive rate?
  • Rassini. de's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Rassini. de's earnings growth is positive but not above the United States of America market average.
  • Rassini. de's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:SNCC.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:SNCC.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 11.6%
OTCPK:SNCC.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 4.6%
United States of America Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 13.6%
United States of America Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:SNCC.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in MXN Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:SNCC.F Future Estimates Data
Date (Data in MXN Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 20,970 1
2019-12-31 19,181 1,634 2
2018-12-31 18,801 1,480 2
OTCPK:SNCC.F Past Financials Data
Date (Data in MXN Millions) Revenue Cash Flow Net Income *
2018-09-30 18,754 2,273 1,404
2018-06-30 18,222 2,324 1,415
2018-03-31 17,971 2,246 1,474
2017-12-31 18,104 2,489 1,475
2017-09-30 17,946 2,373 1,404
2017-06-30 17,900 2,485 1,454
2017-03-31 17,411 2,563 1,386
2016-12-31 16,340 2,253 1,431
2016-09-30 15,160 2,290 1,339
2016-06-30 14,307 2,180 1,265
2016-03-31 13,499 2,076 1,143
2015-12-31 12,897 2,070 884

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Rassini. de's earnings are expected to grow by 11.6% yearly, however this is not considered high growth (20% yearly).
  • Rassini. de's revenue is expected to grow by 4.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:SNCC.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Rassini. de Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SNCC.F Future Estimates Data
Date (Data in MXN Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31
2018-12-31
OTCPK:SNCC.F Past Financials Data
Date (Data in MXN Millions) EPS *
2018-09-30 5.64
2018-06-30 5.68
2018-03-31
2017-12-31 5.92
2017-09-30 5.64
2017-06-30 5.84
2017-03-31 5.56
2016-12-31 5.74
2016-09-30 5.37
2016-06-30 5.08
2016-03-31 4.59
2015-12-31 3.55

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Rassini. de is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Rassini. de's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Rassini. de has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SNCC.F Past Performance

  How has Rassini. de performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Rassini. de's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Rassini. de has delivered over 20% year on year earnings growth in the past 5 years.
  • Rassini. de's 1-year earnings growth is less than its 5-year average (-0% vs 32.5%)
  • Rassini. de's earnings growth has not exceeded the US Auto Components industry average in the past year (-0% vs 9.8%).
Earnings and Revenue History
Rassini. de's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Rassini. de Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SNCC.F Past Revenue, Cash Flow and Net Income Data
Date (Data in MXN Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 18,753.60 1,404.30 1,339.38
2018-06-30 18,222.49 1,414.53 1,297.40
2018-03-31 17,971.34 1,473.64 1,278.23
2017-12-31 18,103.73 1,475.35 1,289.31
2017-09-30 17,945.54 1,404.34 1,302.87
2017-06-30 17,899.73 1,453.86 1,293.27
2017-03-31 17,410.82 1,386.16 1,275.29
2016-12-31 16,340.09 1,431.18 1,234.00
2016-09-30 15,160.25 1,338.79 1,209.70
2016-06-30 14,306.87 1,264.60 1,123.64
2016-03-31 13,499.15 1,142.58 1,054.77
2015-12-31 12,897.24 883.91 969.52
2015-09-30 12,565.66 929.59 854.81
2015-06-30 12,228.29 1,009.24 825.75
2015-03-31 12,106.25 936.03 786.49
2014-12-31 11,900.28 864.03 779.33
2014-09-30 11,591.52 528.30 773.87
2014-06-30 11,345.22 164.18 761.97
2014-03-31 10,865.95 -84.80 757.56
2013-12-31 10,361.84 -142.80 733.19
2013-09-30 10,077.51 29.41 695.57
2013-06-30 9,662.51 -36.25 667.62
2013-03-31 9,502.98 211.18 653.09
2012-12-31 9,391.99 184.51 651.39
2012-09-30 9,572.66 217.87 498.30
2012-06-30 9,615.51 344.14 575.15
2012-03-31 9,482.47 754.87 572.66

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Rassini. de has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Rassini. de used its assets more efficiently than the US Auto Components industry average last year based on Return on Assets.
  • Rassini. de has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Rassini. de's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Rassini. de has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SNCC.F Health

 How is Rassini. de's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Rassini. de's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Rassini. de's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Rassini. de's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Rassini. de's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Rassini. de Company Filings, last reported 5 months ago.

OTCPK:SNCC.F Past Debt and Equity Data
Date (Data in MXN Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 6,162.81 1,805.14 1,034.42
2018-06-30 6,145.99 2,086.82 1,065.16
2018-03-31 6,165.58 2,226.80 1,826.61
2017-12-31 6,185.44 2,593.09 1,990.61
2017-09-30 5,537.78 2,535.72 1,487.11
2017-06-30 5,068.77 2,641.00 2,099.00
2017-03-31 5,534.68 2,825.12 2,014.21
2016-12-31 5,705.84 3,141.36 1,913.08
2016-09-30 5,239.95 2,892.40 1,174.30
2016-06-30 4,761.40 2,842.51 975.20
2016-03-31 4,548.28 2,699.95 1,178.81
2015-12-31 3,963.62 2,788.03 1,222.99
2015-09-30 3,952.45 3,102.53 848.92
2015-06-30 3,535.60 3,072.88 1,026.25
2015-03-31 3,538.57 3,082.05 805.44
2014-12-31 3,232.49 3,110.67 845.18
2014-09-30 2,992.81 2,776.63 766.46
2014-06-30 2,634.72 2,865.28 583.49
2014-03-31 2,429.86 3,047.40 497.76
2013-12-31 2,273.60 3,040.36 624.67
2013-09-30 2,499.64 3,230.22 652.78
2013-06-30 2,575.17 3,326.51 687.96
2013-03-31 2,592.45 3,024.92 550.00
2012-12-31 2,549.46 3,177.15 499.18
2012-09-30 2,632.01 3,261.74 416.53
2012-06-30 2,797.31 3,542.60 507.25
2012-03-31 2,706.11 3,327.26 295.32
  • Rassini. de's level of debt (29.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (129.3% vs 29.3% today).
  • Debt is well covered by operating cash flow (125.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 11.2x coverage).
X
Financial health checks
We assess Rassini. de's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Rassini. de has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SNCC.F Dividends

 What is Rassini. de's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
7.14%
Current annual income from Rassini. de dividends.
If you bought $2,000 of Rassini. de shares you are expected to receive $143 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Rassini. de's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Rassini. de's dividend is above the markets top 25% of dividend payers in United States of America (3.63%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:SNCC.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:SNCC.F Future Dividends Estimate Data
Date (Data in MX$) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
2018-12-31
OTCPK:SNCC.F Past Annualized Dividends Data
Date (Data in MX$) Dividend per share (annual) Avg. Yield (%)
2018-04-23 2.500 6.747
2018-04-19 2.500 6.203
2018-02-20 2.500 6.312
2017-07-31 2.000 5.407
2017-07-24 2.000 4.806
2017-05-10 2.000 4.621
2016-04-29 1.500 3.712
2016-04-25 1.500 3.824
2015-04-30 0.781 2.446
2015-02-27 0.781 2.520

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Rassini. de has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Rassini. de only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Rassini. de's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Rassini. de's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Rassini. de afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Rassini. de has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SNCC.F Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Eugenio Madero Pinson
AGE 51
CEO Bio

Mr. Eugenio Madero Pinson serves as President of SANLUIS Rassini at Rassini, S.A.B. de C.V. and serves as its Chief Executive Officer and Vice President. Mr. Pinson serves as Vice President of SANLUIS Rassini Suspensions Group. Mr. Pinson served as the President of Rassini, S.A.B. de C.V. since March 16, 2015. Mr. Pinson served as the Chief Executive Officer of Rassini North America at Rassini, S.A.B. de C.V He has been a Director of Rassini, S.A.B. de C.V. formerly known as Sanluis Corporación S.A. de C.V since 1995.

CEO Compensation
  • Insufficient data for Eugenio to compare compensation growth.
  • Insufficient data for Eugenio to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Antonio Madero Bracho

TITLE
Executive Chairman & President
AGE
80
TENURE
3.3 yrs

Eugenio Madero Pinson

TITLE
CEO, VP
AGE
51

Juan Pablo Kanter

TITLE
Chief Financial Officer

Emma Fragoso

TITLE
Head of Financial Planning & IR

Juan Pablo Pérez

TITLE
General Counsel & Secretary of the Board
AGE
62
TENURE
5.8 yrs

Norman Jacobs

TITLE
President of Rassini International & VP of Sales - Suspensions Group North America

Hector Galvan

TITLE
Chief Executive Officer of Rassini Brakes

Sergio Dávila

TITLE
Chief Executive Officer of Rassini Suspensions North America

Enrique Ezcurdia

TITLE
Chief Executive Officer of Rassini South America
Board of Directors Tenure

Average tenure and age of the Rassini. de board of directors in years:

24.2
Average Tenure
74
Average Age
  • The average tenure for the Rassini. de board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Eugenio Madero Pinson

TITLE
CEO, VP
AGE
51
TENURE
24.2 yrs

Javier Rocha

TITLE
Independent Director

Antonio Madero Bracho

TITLE
Executive Chairman & President
AGE
80

Fernando Ruíz Sahagún

TITLE
Independent Director
AGE
74
TENURE
18.2 yrs

Alberto Saavedra Olavarrieta

TITLE
Independent Director

Javier Castelo

TITLE
Director
TENURE
27.2 yrs

Antonio Madero Pinson

TITLE
Director
TENURE
30.2 yrs

Carlos Autrey Maza

TITLE
Independent Director
AGE
72
TENURE
34.2 yrs

Enrique Bours Muñoz

TITLE
Director
TENURE
17.2 yrs

James Robert Jones

TITLE
Independent Director
AGE
78
TENURE
20.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Rassini. de's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Rassini. de has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SNCC.F News

Simply Wall St News

SNCC.F Company Info

Description

Rassini S.A.B. de C.V. produces and sells suspension components for light commercial vehicles. The company also offers fully integrated brake discs. Its products are used in a range of electric motor and internal combustion vehicles in the automotive industry, including urban, family, off-road, sport, luxury and commercial. The company was formerly known as SANLUIS Corporacion, S.A.B. de C.V. and changed its name to Rassini, S.A.B. de C.V. in November 2014. Rassini, S.A.B. de C.V. was incorporated in 1984 and is headquartered in Mexico City, Mexico.

Details
Name: Rassini, S.A.B. de C.V.
SNCC.F
Exchange: OTCPK
Founded: 1984
MX$582,149,909
249,159,548
Website: http://www.sanluisrassini.com
Address: Rassini, S.A.B. de C.V.
Pedregal 24,
7th Floor,
Mexico City,
Distrito Federal, 11040,
Mexico
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BMV RASSINI A CPO A Shares Bolsa Mexicana de Valores MX MXN 26. Apr 1995
OTCPK SNCC.F CPO A Shares Pink Sheets LLC US USD 26. Apr 1995
BMV RASSINI CPO CPO BC Shares Bolsa Mexicana de Valores MX MXN 16. Dec 2004
OTCPK SNCV.F CPO BC Shares Pink Sheets LLC US USD 16. Dec 2004
Number of employees
Current staff
Staff numbers
6,332
Rassini. de employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:38
End of day share price update: 2018/12/20 00:00
Last estimates confirmation: 2019/03/04
Last earnings filing: 2018/10/22
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.