Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$23.40, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 38x in the Aerospace & Defense industry in the US. Total returns to shareholders of 855% over the past three years. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$21.77, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 36x in the Aerospace & Defense industry in the US. Total returns to shareholders of 722% over the past three years. Reported Earnings • May 11
Second quarter 2026 earnings released: EPS: US$0.43 (vs US$0.22 loss in 2Q 2025) Second quarter 2026 results: EPS: US$0.43 (up from US$0.22 loss in 2Q 2025). Revenue: US$26.4m (up 39% from 2Q 2025). Net income: US$2.65m (up US$3.97m from 2Q 2025). Profit margin: 10.0% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has increased by 99% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$17.39, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 37x in the Aerospace & Defense industry in the US. Total returns to shareholders of 637% over the past three years. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$15.74, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 39x in the Aerospace & Defense industry in the US. Total returns to shareholders of 334% over the past three years. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$13.09, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 38x in the Aerospace & Defense industry in the US. Total returns to shareholders of 332% over the past three years. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to US$11.00, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 42x in the Aerospace & Defense industry in the US. Total returns to shareholders of 219% over the past three years. Reported Earnings • Feb 12
First quarter 2026 earnings released: EPS: US$0.29 (vs US$0.40 loss in 1Q 2025) First quarter 2026 results: EPS: US$0.29 (up from US$0.40 loss in 1Q 2025). Revenue: US$24.0m (up 15% from 1Q 2025). Net income: US$1.79m (up US$4.21m from 1Q 2025). Profit margin: 7.5% (up from net loss in 1Q 2025). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. New Risk • Feb 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$352k free cash flow). Earnings have declined by 33% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$40.3m market cap). Announcement • Dec 24
SIFCO Industries, Inc., Annual General Meeting, Jan 28, 2026 SIFCO Industries, Inc., Annual General Meeting, Jan 28, 2026. Reported Earnings • Dec 22
Full year 2025 earnings released: US$0.15 loss per share (vs US$1.44 loss in FY 2024) Full year 2025 results: US$0.15 loss per share (improved from US$1.44 loss in FY 2024). Revenue: US$84.8m (up 6.5% from FY 2024). Net loss: US$933.0k (loss narrowed 89% from FY 2024). Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 39% per year. Announcement • Dec 20
SIFCO Industries, Inc. Announces Resignation of Jennifer Wilson as Chief Financial Officer, Effective as of February 20, 2026 On December 15, 2025, Jennifer Wilson notified the Board of Directors (the “Board”) of SIFCO Industries, Inc., an Ohio corporation (the “Company”), of her desire to resign from her position as Chief Financial Officer of the Company, effective as of February 20, 2026. Ms. Wilson’s decision to resign is not the result of any dispute or disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Reported Earnings • Aug 15
Third quarter 2025 earnings released: EPS: US$0.54 (vs US$0.012 in 3Q 2024) Third quarter 2025 results: EPS: US$0.54 (up from US$0.012 in 3Q 2024). Revenue: US$22.1m (down 25% from 3Q 2024). Net income: US$3.30m (up US$3.23m from 3Q 2024). Profit margin: 15% (up from 0.2% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 17
Second quarter 2025 earnings released: US$0.22 loss per share (vs US$0.27 loss in 2Q 2024) Second quarter 2025 results: US$0.22 loss per share (improved from US$0.27 loss in 2Q 2024). Revenue: US$19.0m (down 28% from 2Q 2024). Net loss: US$1.32m (loss narrowed 17% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. New Risk • Feb 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$6.7m free cash flow). Earnings have declined by 43% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$20.2m market cap). Reported Earnings • Feb 16
First quarter 2025 earnings released: US$0.40 loss per share (vs US$0.68 loss in 1Q 2024) First quarter 2025 results: US$0.40 loss per share (improved from US$0.68 loss in 1Q 2024). Revenue: US$20.9m (up 35% from 1Q 2024). Net loss: US$2.42m (loss narrowed 41% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year and the company’s share price has also fallen by 13% per year. Announcement • Dec 27
SIFCO Industries, Inc., Annual General Meeting, Jan 29, 2025 SIFCO Industries, Inc., Annual General Meeting, Jan 29, 2025. Reported Earnings • Dec 26
Full year 2024 earnings released: US$1.44 loss per share (vs US$1.47 loss in FY 2023) Full year 2024 results: US$1.44 loss per share (improved from US$1.47 loss in FY 2023). Revenue: US$79.6m (down 8.5% from FY 2023). Net loss: US$8.63m (flat on FY 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 22% per year. Announcement • Oct 29
SIFCO Industries, Inc. Announces Chief Financial Officer Changes SIFCO Industries, Inc. announced the appointment of Jennifer Wilson Skuhrovec as the Company's chief financial officer ('CFO'), effective November 13, 2024. Ms. Wilson replaces Thomas Kubera, who served as CFO since 2018 and announced his intention to retire earlier this year. Ms. Wilson joined SIFCO in 2019 as Director of Financial Planning and Analysis. She began serving as the Controller of the Company's Orange, CA facility in 2021 and assumed the role of Director of External Reporting in 2022. Prior to SIFCO, Ms. Wilson was an Accounting and Finance Consultant with Resources Global Professionals and served as Manager of Accounting and Treasury for Technical Consumer Products. Ms. Wilson is a certified public accountant and holds an MBA in business administration and Bachelor of Science in accounting from David N. Meyers College. Announcement • Oct 28
SIFCO Industries, Inc. Appoints Jennifer Wilson as CFO, Effective November 13, 2024 SIFCO Industries, Inc. announced the appointment of Jennifer Wilson Skuhrovec as the Company’s chief financial officer, effective November 13, 2024. Ms. Wilson replaces Thomas Kubera, who served as CFO since 2018 and announced his intention to retire earlier this year. Ms. Wilson joined SIFCO in 2019 as Director of Financial Planning and Analysis. She began serving as the Controller of the Company’s Orange, CA facility in 2021 and assumed the role of Director of External Reporting in 2022. Prior to SIFCO, Ms. Wilson was an Accounting and Finance Consultant with Resources Global Professionals and served as Manager of Accounting and Treasury for Technical Consumer Products. Ms. Wilson is a certified public accountant and holds an MBA in business administration and Bachelor of Science in accounting from David N. Meyers College. Ms. Wilson will be responsible for SIFCO’s financial strategies and will lead the finance and accounting organization, including financial planning and analysis, treasury, internal and external reporting, audit, tax, and risk management. Announcement • Sep 30
SIFCO Industries, Inc. Appoints Robert Bob Johnson as Board of Directors SIFCO Industries, Inc. announced that Robert Bob Johnson has been appointed to the board of directors effective September 26, 2024. Mr. Johnson, has deep domestic and international executive experience in the aerospace industry, including risk management, financial oversight, operations, and strategy. He has served as an advisor to the Board and the Chief Executive Officer of the Company since November 2022, and brings valuable experience forged through an exemplary career in various roles within the aerospace industry. Mr. Johnson currently serves as the chairman of the board of directors of Spirit Aerosystems. He also currently sits on the board of directors of Spirit Airlines, Roper Industries, Inc. and Elbit Systems of America, LLC. Mr. Johnson retired in 2008 as chief executive officer of Dubai Aerospace Enterprise (DAE), a global aerospace engineering and services company. In 2005, prior to DAE, Mr. Johnson was chairman of Honeywell Aerospace, a leading global supplier of aircraft engines, equipment, systems and services, where he also served prior to 2005 as president and chief executive officer. Prior to Honeywell Aerospace, Mr. Johnson held management positions at various aviation and aerospace companies. He served on the board of directors of Ariba, Inc. from 2005 to 2012. New Risk • Sep 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$6.7m free cash flow). Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$33.9m market cap). Reported Earnings • Aug 13
Third quarter 2024 earnings released: EPS: US$0.012 (vs US$0.11 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0.012 (up from US$0.11 loss in 3Q 2023). Revenue: US$29.3m (up 34% from 3Q 2023). Net income: US$72.0k (up US$706.0k from 3Q 2023). Profit margin: 0.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Announcement • Aug 07
Tb2 S.R.L. agreed to acquire C*Blade S.p.a. from SIFCO Industries, Inc. (NYSEAM:SIF) for €13.8 million. Tb2 S.R.L. agreed to acquire C*Blade S.p.a. from SIFCO Industries, Inc. (NYSEAM:SIF) for €13.8 million on August 1, 2024. The closing of the transactions contemplated by the Agreement (the “Closing”) is subject to the satisfaction of customary conditions and the delivery of certain customary documents, including, but not limited to: the grant and required governmental authorization of the transaction in connection with the Golden Power rules applicable under Italian law; the accuracy of the representations and warranties of the other party; the compliance of each party with its covenants in all material respects; the absence of a material adverse effect with respect to CBlade; and the execution and delivery by the Company of a guaranty of Seller’s obligations under the Agreement, which guaranty shall be conditioned on and only effective in the event of the dissolution of Seller after the Closing. If the conditions are satisfied or waived in accordance with the Agreement, it is anticipated that the Closing will occur on September 18, 2024. The Buyer may unilaterally provide notice to Seller to extend the deadline of the Closing to September 25, 2024 if all conditions have not been met on or prior to September 18, 2024. Buyer is required to obtain a representations and warranties insurance policy to cover losses incurred in connection with breaches of representations and warranties of Seller under the Agreement. Seller will indemnify Buyer against losses incurred by Buyer in connection with breaches of representations, warranties and covenants of Seller, as well as losses incurred by Buyer in connection with certain matters as specified in the Agreement. The aforementioned indemnification obligations of Seller are subject to the limitations set forth in the Agreement. Reported Earnings • May 10
Second quarter 2024 earnings released: US$0.27 loss per share (vs US$0.40 loss in 2Q 2023) Second quarter 2024 results: US$0.27 loss per share (improved from US$0.40 loss in 2Q 2023). Revenue: US$26.5m (up 38% from 2Q 2023). Net loss: US$1.59m (loss narrowed 33% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 16
First quarter 2024 earnings released: US$0.57 loss per share (vs US$0.44 loss in 1Q 2023) First quarter 2024 results: US$0.57 loss per share (further deteriorated from US$0.44 loss in 1Q 2023). Revenue: US$21.1m (down 1.2% from 1Q 2023). Net loss: US$3.42m (loss widened 32% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. New Risk • Feb 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$3.8m free cash flow). Earnings have declined by 10% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$21.7m market cap). Reported Earnings • Dec 31
Full year 2023 earnings released: US$1.47 loss per share (vs US$1.65 loss in FY 2022) Full year 2023 results: US$1.47 loss per share (improved from US$1.65 loss in FY 2022). Revenue: US$87.0m (up 3.7% from FY 2022). Net loss: US$8.69m (loss narrowed 9.8% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Board Change • Nov 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. President, CEO & Director Pete Knapper was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 05
SIFCO Industries Regains Compliance with Section 1007 of the NYSE American Company Guide On September 28, 2023, SIFCO Industries, Inc. received a notice from the NYSE American LLC acknowledging that the Company filed its delayed Form 10-Q for the fiscal quarter ended June 30, 2023 and informing the Company that it has now regained compliance with Section 1007 of the NYSE American Company Guide. The notice states further that (i) the Company will be removed from the late filers' list disseminated to data vendors and posted on the Listed Standards Filing Status page on www.nyse.com and (ii) the "LF" indicator posted on the Profile, Data and News page related to each issue will be removed. Announcement • Aug 29
SIFCO Industries Receives Non-Compliance Notice from NYSE American SIFCO Industries received a notice on August 22, 2023 from the NYSE American LLC indicating that, due to the delay in the filing of its Quarterly Report on Form 10-Q for the period ended June 30, 2023, the company is not in compliance with the continued listing standards of the NYSE American, and is subject to the procedures and requirements set in Section 1007 of the NYSE American Company Guide. Under the applicable provisions of the NYSE American Company Guide, until SIFCO files its Form 10-Q, its common stock will remain listed on the NYSE American under the symbol "SIF," but will be assigned an ".LF" indicator to indicate late filing status. Five business days following the receipt of this noncompliance notice, SIFCO will be added to the list of NYSE American noncompliant issuers on the website and the indicator will be disseminated with the Company's ticker symbol. The indicator will be removed once the Company has regained compliance with all applicable listing standards. As noted in the Form 12b-25 filed on August 14, 2023, SIFCO has experienced delays in obtaining and compiling the information required in order to complete the preparation of its financial statements to be included in its Quarterly Report on Form 10-Q for the period ended June 30, 2023. This is primarily attributable to information access limitations experienced due to the cyber incident that the Company became aware of on December 30, 2022 and was reported by the company on Form 8-K filed with the Securities and Exchange Commission on January 6, 2023 and further described by the Company on Forms 8-K filed with the Securities and Exchange Commission on each of February 10, 2023 and April 12, 2023. Accordingly, the company is not able to complete the preparation, review and filing of its Form 10-Q for the quarter ended June 30, 2023 within the prescribed time period without unreasonable effort or expense. Board Change • Aug 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. President, CEO & Director Pete Knapper was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 17
SIFCO Industries, Inc. announced delayed 10-Q filing On 05/16/2023, SIFCO Industries, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Board Change • May 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. President, CEO & Director Pete Knapper was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 15
SIFCO Industries, Inc. announced delayed 10-Q filing On 02/14/2023, SIFCO Industries, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Reported Earnings • Dec 26
Full year 2022 earnings released: US$1.65 loss per share (vs US$0.13 loss in FY 2021) Full year 2022 results: US$1.65 loss per share (further deteriorated from US$0.13 loss in FY 2021). Revenue: US$83.9m (down 16% from FY 2021). Net loss: US$9.64m (loss widened US$8.90m from FY 2021). Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 16% per year. Announcement • Dec 24
SIFCO Industries, Inc., Annual General Meeting, Jan 31, 2023 SIFCO Industries, Inc., Annual General Meeting, Jan 31, 2023, at 09:30 US Eastern Standard Time. Agenda: To consider Elect six (6) directors, each to serve a one-year term until the 2024 Annual Meeting of Shareholders and/or their successors are duly elected; to consider Ratify the selection of Grant Thornton LLP as the independent registered public accounting firm of the Company for the 2023 fiscal year; to consider Cast a non-binding advisory vote on executive compensation (say-on-pay); and to consider Consider and take action upon such other matters as may properly come before the meeting or any adjournment thereof. Announcement • Nov 22
Norman E. Wells, Jr. Not Stand for Re-Election and Intends to Retire from the Board, and All the Committees of SIFCO Industries, Inc On November 16, 2022, at a duly-convened meeting of the Board of Directors of SIFCO Industries, Inc., Norman E. Wells, Jr. notified the chairperson of the Nominating and Governance Committee of the Board that he will not stand for re-election and intends to retire from the Board, and the committees on which he currently serves, effective as of the date of the Company’s 2023 Annual Meeting of Shareholders. Accordingly, Mr. Wells will not be nominated by the Board for re-election at the 2023 Annual Meeting and his term as director will end when his current term expires at the 2023 Annual Meeting. Mr. Wells currently serves as the Chairman of the Board, and is a sitting member of the Audit, Compensation, and Nominating and Governance Committees thereof. Board Change • Nov 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. President, CEO & Director Pete Knapper was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 16
Third quarter 2022 earnings released: US$0.46 loss per share (vs US$0.044 profit in 3Q 2021) Third quarter 2022 results: US$0.46 loss per share (down from US$0.044 profit in 3Q 2021). Revenue: US$21.5m (down 15% from 3Q 2021). Net loss: US$2.67m (down US$2.92m from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 06
Second quarter 2022 earnings released: EPS: US$0.62 (vs US$0.26 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.62 (up from US$0.26 loss in 2Q 2021). Revenue: US$24.6m (down 1.2% from 2Q 2021). Net income: US$3.64m (up US$5.13m from 2Q 2021). Profit margin: 15% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. President, CEO & Director Pete Knapper was the last director to join the board, commencing their role in 2016. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 07
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: US$0.64 loss per share (down from US$0.53 profit in 1Q 2021). Revenue: US$19.2m (down 23% from 1Q 2021). Net loss: US$3.69m (down 223% from profit in 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: US$0.13 loss per share (down from US$1.62 profit in FY 2020). Revenue: US$99.6m (down 12% from FY 2020). Net loss: US$743.0k (down 108% from profit in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$8.63, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 23x in the Aerospace & Defense industry in the US. Total returns to shareholders of 64% over the past three years. Reported Earnings • Aug 08
Third quarter 2021 earnings released: EPS US$0.044 (vs US$0.40 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$25.3m (down 8.8% from 3Q 2020). Net income: US$254.0k (down 89% from 3Q 2020). Profit margin: 1.0% (down from 8.1% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$9.70, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 34x in the Aerospace & Defense industry in the US. Total returns to shareholders of 80% over the past three years. Valuation Update With 7 Day Price Move • May 13
Investor sentiment deteriorated over the past week After last week's 26% share price decline to US$9.52, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 30x in the Aerospace & Defense industry in the US. Total returns to shareholders of 64% over the past three years. Reported Earnings • May 09
Second quarter 2021 earnings released: US$0.26 loss per share (vs US$0.57 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: US$24.9m (down 19% from 2Q 2020). Net loss: US$1.49m (down 146% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 51% share price gain to US$12.57, the stock is trading at a trailing P/E ratio of 5.3x, up from the previous P/E ratio of 3.5x. This compares to an average P/E of 37x in the Aerospace & Defense industry in the US. Total returns to shareholders over the past three years are 151%. Is New 90 Day High Low • Mar 13
New 90-day high: US$12.57 The company is up 213% from its price of US$4.02 on 11 December 2020. The American market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 5.0% over the same period. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$8.12, the stock is trading at a trailing P/E ratio of 3.4x, down from the previous P/E ratio of 4x. This compares to an average P/E of 36x in the Aerospace & Defense industry in the US. Total returns to shareholders over the past three years are 50%. Reported Earnings • Feb 07
First quarter 2021 earnings released: EPS US$0.53 (vs US$0.24 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: US$25.1m (down 4.3% from 1Q 2020). Net income: US$2.99m (up US$4.34m from 1Q 2020). Profit margin: 12% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$8.27, the stock is trading at a trailing P/E ratio of 5.1x, down from the previous P/E ratio of 6.2x. This compares to an average P/E of 28x in the Aerospace & Defense industry in the US. Total returns to shareholders over the past three years are 25%. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improved over the past week After last week's 32% share price gain to US$11.36, the stock is trading at a trailing P/E ratio of 7x, up from the previous P/E ratio of 5.3x. This compares to an average P/E of 31x in the Aerospace & Defense industry in the US. Total returns to shareholders over the past three years are 62%. Is New 90 Day High Low • Jan 13
New 90-day high: US$11.16 The company is up 197% from its price of US$3.76 on 13 October 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is up 8.0% over the same period. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 21% share price gain to US$11.16, the stock is trading at a trailing P/E ratio of 6.9x, up from the previous P/E ratio of 5.7x. This compares to an average P/E of 31x in the Aerospace & Defense industry in the US. Total returns to shareholders over the past three years are 73%. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 68% share price gain to US$6.70, the stock is trading at a trailing P/E ratio of 4.1x, up from the previous P/E ratio of 2.5x. This compares to an average P/E of 31x in the Aerospace & Defense industry in the US. Total returns to shareholders over the past three years are 3.1%. Reported Earnings • Dec 25
Full year 2020 earnings released: EPS US$1.62 The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$113.6m (up 1.0% from FY 2019). Net income: US$9.19m (up US$16.7m from FY 2019). Profit margin: 8.1% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Dec 24
SIFCO Industries, Inc., Annual General Meeting, Jan 27, 2021 SIFCO Industries, Inc., Annual General Meeting, Jan 27, 2021, at 09:30 US Eastern Standard Time. Agenda: To Elect seven directors, each to serve a one-year term until the 2022 annual meeting of shareholders and/or their successors are duly elected; to ratify the selection of Grant Thornton LLP as the independent registered public accounting firm of the company; and to consider and take action upon such other matters as may properly come before the meeting or any adjournment thereof. Is New 90 Day High Low • Dec 15
New 90-day high: US$4.07 The company is up 1.0% from its price of US$4.02 on 15 September 2020. The American market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is up 6.0% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: US$3.55 The company is down 7.0% from its price of US$3.81 on 31 July 2020. The American market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 6.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: US$3.62 The company is down 10.0% from its price of US$4.04 on 26 June 2020. The American market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is up 3.0% over the same period.