Servotronics
Market Cap
US$26.9m
Last Updated
2020/01/24 23:54 UTC
Data Sources
Company Financials
Executive Summary
Servotronics, Inc. designs, manufactures, and markets control components and consumer products in the United States and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has Servotronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SVT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.3%
SVT
-1.2%
US Electrical
-1.3%
US Market
1 Year Return
-1.9%
SVT
21.6%
US Electrical
22.0%
US Market
Return vs Industry: SVT underperformed the US Electrical industry which returned 24.7% over the past year.
Return vs Market: SVT underperformed the US Market which returned 24.7% over the past year.
Shareholder returns
| SVT | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.3% | -1.2% | -1.3% |
| 30 Day | 1.9% | 0.2% | 1.8% |
| 90 Day | 3.4% | 10.0% | 9.3% |
| 1 Year | -0.2%-1.9% | 24.2%21.6% | 24.6%22.0% |
| 3 Year | 12.0%6.6% | 35.2%27.3% | 49.2%39.6% |
| 5 Year | 81.2%65.1% | 59.0%43.0% | 77.9%58.3% |
Price Volatility Vs. Market
How volatile is Servotronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Servotronics, Inc.'s (NYSEMKT:SVT) P/E Ratio Really That Good?2 weeks ago | Simply Wall St
These 4 Measures Indicate That Servotronics (NYSEMKT:SVT) Is Using Debt Reasonably Well1 month ago | Simply Wall St
Did Servotronics's (NYSEMKT:SVT) Share Price Deserve to Gain 65%?Valuation
Is Servotronics undervalued compared to its fair value and its price relative to the market?
8.39x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SVT ($10.5) is trading above our estimate of fair value ($2.12)
Significantly Below Fair Value: SVT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SVT is good value based on its PE Ratio (8.3x) compared to the Electrical industry average (18x).
PE vs Market: SVT is good value based on its PE Ratio (8.3x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SVT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SVT is good value based on its PB Ratio (0.8x) compared to the US Electrical industry average (1.8x).
Next Steps
Future Growth
How is Servotronics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
9.1%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Servotronics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Servotronics is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Servotronics competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Servotronics performed over the past 5 years?
32.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SVT has high quality earnings.
Growing Profit Margin: SVT's current net profit margins (5.8%) are lower than last year (6.4%).
Past Earnings Growth Analysis
Earnings Trend: SVT has become profitable over the past 5 years, growing earnings by 32.9% per year.
Accelerating Growth: SVT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SVT had negative earnings growth (-2.1%) over the past year, making it difficult to compare to the Electrical industry average (4.2%).
Return on Equity
High ROE: SVT's Return on Equity (8.9%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Servotronics's financial position?
Financial Position Analysis
Short Term Liabilities: SVT's short term assets ($32.4M) exceed its short term liabilities ($7.4M).
Long Term Liabilities: SVT's short term assets ($32.4M) exceed its long term liabilities ($5.2M).
Debt to Equity History and Analysis
Debt Level: SVT's debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: SVT's debt to equity ratio has reduced from 17.6% to 11.1% over the past 5 years.
Debt Coverage: SVT's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: SVT's interest payments on its debt are well covered by EBIT (31.2x coverage).
Balance Sheet
Inventory Level: SVT has a high level of physical assets or inventory.
Debt Coverage by Assets: SVT's debt is covered by short term assets (assets are 8.8x debt).
Next Steps
Dividend
What is Servotronics's current dividend yield, its reliability and sustainability?
1.50%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SVT's dividend (1.52%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: SVT's dividend (1.52%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: SVT's dividend payments have been volatile in the past 10 years.
Growing Dividend: SVT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.6%), SVT's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Servotronics's salary, the management and board of directors tenure and is there insider trading?
3.0yrs
Average management tenure
CEO
Ken Trbovich (44yo)
2.2yrs
Tenure
US$602,945
Compensation
Mr. Kenneth D. Trbovich, also known as Ken, has been the Chairman of the Board and Chief Executive Officer of Servotronics, Inc. since November 16, 2017 and serves as its President from September 29, 2012. ...
CEO Compensation Analysis
Compensation vs Market: Ken's total compensation ($USD602.95K) is about average for companies of similar size in the US market ($USD519.76K).
Compensation vs Earnings: Ken's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.0yrs
Average Tenure
61yo
Average Age
Experienced Management: SVT's management team is considered experienced (3 years average tenure).
Board Age and Tenure
3.5yrs
Average Tenure
48yo
Average Age
Experienced Board: SVT's board of directors are considered experienced (3.5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 200 |
| Max Price | US$10.11 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 872 |
| Max Price | US$9.88 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
Management Team
Sam San Filippo (70yo)
Senior Vice President
- Tenure: 15yrs
- Compensation: US$270.83k
Bernadine Kucinski
Corporate Secretary
Ken Trbovich (44yo)
Chairman
- Tenure: 2.2yrs
- Compensation: US$602.95k
Edward Cosgrove (84yo)
Director
- Tenure: 7.2yrs
- Compensation: US$60.00k
Jim Takacs (53yo)
Chief Operating Officer
- Tenure: 3.3yrs
- Compensation: US$215.84k
Lisa Bencel (61yo)
CFO & Treasurer
- Tenure: 3yrs
- Compensation: US$299.95k
Board Members
Ken Trbovich (44yo)
Chairman
- Tenure: 2.2yrs
- Compensation: US$602.95k
Edward Cosgrove (84yo)
Director
- Tenure: 7.2yrs
- Compensation: US$60.00k
Lucion Gygax (48yo)
Independent Director
- Tenure: 4.5yrs
- Compensation: US$70.00k
Chris Marks (54yo)
Independent Director
- Tenure: 3.5yrs
- Compensation: US$70.00k
Jason Bear (37yo)
Independent Director
- Tenure: 2.7yrs
- Compensation: US$65.83k
Company Information
Servotronics, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Servotronics, Inc.
- Ticker: SVT
- Exchange: AMEX
- Founded: 1959
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: US$26.881m
- Shares outstanding: 2.49m
- Website: https://www.servotronics.com
Number of Employees
Location
- Servotronics, Inc.
- 1110 Maple Street
- Post Office Box 300
- Elma
- New York
- 14059
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SVT | AMEX (NYSE MKT LLC) | Yes | Common Stock | US | USD | Nov 1981 |
Biography
Servotronics, Inc. designs, manufactures, and markets control components and consumer products in the United States and internationally. The company operates in two segments, Advanced Technology Group (ATG) and Consumer Products Group (CPG). The ATG segment provides servo-control components to the commercial aerospace, aircraft, and government related industries; and medical and industrial markets. This segment’s principal components include torque motors, electromagnetic actuators, hydraulic and pneumatic valves, and related devices that convert an electrical current into a mechanical force or movement, and other products. It also offers metallic seals of various cross-sectional configurations to close tolerances from standard and special alloy steels. This segment markets and sells its products to the United States Government, government prime contractors, government subcontractors, commercial manufacturers, and end-users. The CPG segment provides cutlery products, including steak, carving, bread, butcher, and paring knives for household use, as well as for use in restaurants, institutions, and the private industry; fixed and folding knives for hunting, fishing, and camping; and machetes, bayonets, axes, strap cutters, and other tools primarily for military and rescue/first-responder use, as well as for commercial markets. It also offers various specialty tools, putty knives, linoleum sheet cutters, field knives, scalpels, and micro-spatulas; and plastic and metal fabrication, as well as engineering, design, and OEM/white-label manufacturing services to customers in the consumer and commercial industries. This segment markets its products through its sales resources and independent manufacturers’ representatives to big box, hardware, supermarket, variety, department, discount, gift, drug, outdoor, and sporting stores, as well as various branches; and electronic commerce. Servotronics, Inc. was founded in 1959 and is headquartered in Elma, New York.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/24 23:54 |
| End of Day Share Price | 2020/01/24 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.