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SXI

Standex International NYSE:SXI Stock Report

Last Price

US$86.25

Market Cap

US$1.0b

7D

2.4%

1Y

-7.3%

Updated

27 Jun, 2022

Data

Company Financials +
SXI fundamental analysis
Snowflake Score
Valuation6/6
Future Growth3/6
Past Performance5/6
Financial Health6/6
Dividends4/6

SXI Stock Overview

Standex International Corporation, together with subsidiaries, manufactures and sells various products and services for commercial and industrial markets in the United States and internationally.

Standex International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Standex International
Historical stock prices
Current Share PriceUS$86.25
52 Week HighUS$121.45
52 Week LowUS$82.38
Beta1.13
1 Month Change-9.15%
3 Month Change-16.96%
1 Year Change-7.34%
3 Year Change16.92%
5 Year Change-5.89%
Change since IPO626.32%

Recent News & Updates

Jun 14
Should You Be Adding Standex International (NYSE:SXI) To Your Watchlist Today?

Should You Be Adding Standex International (NYSE:SXI) To Your Watchlist Today?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

SXIUS MachineryUS Market
7D2.4%1.8%6.3%
1Y-7.3%-19.8%-18.8%

Return vs Industry: SXI exceeded the US Machinery industry which returned -20.1% over the past year.

Return vs Market: SXI exceeded the US Market which returned -18.4% over the past year.

Price Volatility

Is SXI's price volatile compared to industry and market?
SXI volatility
SXI Average Weekly Movement4.4%
Machinery Industry Average Movement6.0%
Market Average Movement8.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.2%

Stable Share Price: SXI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SXI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19553,900David Dunbarhttps://www.standex.com

Standex International Corporation, together with subsidiaries, manufactures and sells various products and services for commercial and industrial markets in the United States and internationally. The company operates through five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions. The Electronics segment offers reed relays, fluid level, proximity, motion, flow, HVAC condensate, and custom electronics sensors; and current sense and advanced planar transformer technologies, value added assemblies, and mechanical packaging, as well as custom wound transformers and inductors for low and high frequency applications.

Standex International Fundamentals Summary

How do Standex International's earnings and revenue compare to its market cap?
SXI fundamental statistics
Market CapUS$1.04b
Earnings (TTM)US$62.69m
Revenue (TTM)US$727.04m

16.6x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SXI income statement (TTM)
RevenueUS$727.04m
Cost of RevenueUS$457.84m
Gross ProfitUS$269.20m
Other ExpensesUS$206.51m
EarningsUS$62.69m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)5.19
Gross Margin37.03%
Net Profit Margin8.62%
Debt/Equity Ratio37.9%

How did SXI perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

19%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is SXI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SXI?

Other financial metrics that can be useful for relative valuation.

SXI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.6x
Enterprise Value/EBITDA8.8x
PEG Ratio0.8x

Price to Earnings Ratio vs Peers

How does SXI's PE Ratio compare to its peers?

SXI PE Ratio vs Peers
The above table shows the PE ratio for SXI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average42.6x
OFLX Omega Flex
44xn/aUS$1.1b
EPAC Enerpac Tool Group
32.3x28.0%US$1.2b
TNC Tennant
22x23.2%US$1.1b
ERII Energy Recovery
72.2x38.9%US$1.1b
SXI Standex International
16.6x20.1%US$1.0b

Price-To-Earnings vs Peers: SXI is good value based on its Price-To-Earnings Ratio (16.6x) compared to the peer average (42.6x).


Price to Earnings Ratio vs Industry

How does SXI's PE Ratio compare vs other companies in the US Machinery Industry?

Price-To-Earnings vs Industry: SXI is good value based on its Price-To-Earnings Ratio (16.6x) compared to the US Machinery industry average (21.7x)


Price to Earnings Ratio vs Fair Ratio

What is SXI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SXI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.6x
Fair PE Ratio18.2x

Price-To-Earnings vs Fair Ratio: SXI is good value based on its Price-To-Earnings Ratio (16.6x) compared to the estimated Fair Price-To-Earnings Ratio (18.2x).


Share Price vs Fair Value

What is the Fair Price of SXI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SXI ($86.25) is trading below our estimate of fair value ($248.41)

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


Price to Earnings Growth Ratio

PEG Ratio: SXI is good value based on its PEG Ratio (0.8x)


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Future Growth

How is Standex International forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SXI's forecast earnings growth (20.1% per year) is above the savings rate (1.9%).

Earnings vs Market: SXI's earnings (20.1% per year) are forecast to grow faster than the US market (13.9% per year).

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

Revenue vs Market: SXI's revenue (6.1% per year) is forecast to grow slower than the US market (8.4% per year).

High Growth Revenue: SXI's revenue (6.1% 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 SXI's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Standex International performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


4.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SXI has high quality earnings.

Growing Profit Margin: SXI's current net profit margins (8.6%) are higher than last year (4.9%).


Past Earnings Growth Analysis

Earnings Trend: SXI's earnings have grown by 4.1% per year over the past 5 years.

Accelerating Growth: SXI's earnings growth over the past year (107.5%) exceeds its 5-year average (4.1% per year).

Earnings vs Industry: SXI earnings growth over the past year (107.5%) exceeded the Machinery industry 24%.


Return on Equity

High ROE: SXI's Return on Equity (11.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Standex International's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SXI's short term assets ($410.6M) exceed its short term liabilities ($141.7M).

Long Term Liabilities: SXI's short term assets ($410.6M) exceed its long term liabilities ($304.2M).


Debt to Equity History and Analysis

Debt Level: SXI's net debt to equity ratio (11.2%) is considered satisfactory.

Reducing Debt: SXI's debt to equity ratio has reduced from 55.4% to 37.9% over the past 5 years.

Debt Coverage: SXI's debt is well covered by operating cash flow (40.1%).

Interest Coverage: SXI's interest payments on its debt are well covered by EBIT (16.2x coverage).


Balance Sheet


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Dividend

What is Standex International current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.21%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SXI's dividend (1.21%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: SXI's dividend (1.21%) is low compared to the top 25% of dividend payers in the US market (4.23%).


Stability and Growth of Payments

Stable Dividend: SXI's dividends per share have been stable in the past 10 years.

Growing Dividend: SXI's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (19.2%), SXI's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (20.6%), SXI's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

6.2yrs

Average management tenure


CEO

David Dunbar (59 yo)

8.42yrs

Tenure

US$5,784,732

Compensation

Mr. David A. Dunbar serves as Non-Employee Independent Director of Watts Water Technologies, Inc. since February 8, 2017. He serves as the Chief Executive Officer and President of Standex International Cor...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD5.78M) is above average for companies of similar size in the US market ($USD4.02M).

Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: SXI's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: SXI's board of directors are considered experienced (8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: SXI insiders have only sold shares 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

Standex International Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Standex International Corporation
  • Ticker: SXI
  • Exchange: NYSE
  • Founded: 1955
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: US$1.041b
  • Shares outstanding: 12.07m
  • Website: https://www.standex.com

Number of Employees


Location

  • Standex International Corporation
  • 23 Keewaydin Drive
  • Suite 300
  • Salem
  • New Hampshire
  • 3079
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


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.