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Stella International Holdings

OTCPK:SLNL.F
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SLNL.F
OTCPK
HK$8B
Market Cap
  1. Home
  2. US
  3. Consumer Durables
Company description

Stella International Holdings Limited develops, manufactures, and retails footwear products and leather goods for men and women. The last earnings update was 146 days ago. More info.


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SLNL.F Share Price and Events
7 Day Returns
0%
OTCPK:SLNL.F
6.9%
US Luxury
2.8%
US Market
1 Year Returns
-
OTCPK:SLNL.F
8.3%
US Luxury
-5.6%
US Market
SLNL.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Stella International Holdings (SLNL.F) 0% 0% - - - -
US Luxury 6.9% 17.8% 3.1% 8.3% 25.5% 45.5%
US Market 2.8% 9.6% -3.2% -5.6% 40.1% 41%
1 Year Return vs Industry and Market
  • No trading data on SLNL.F.
  • No trading data on SLNL.F.
Price Volatility
SLNL.F
Industry
5yr Volatility vs Market

SLNL.F Value

 Is Stella International Holdings 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 Stella International Holdings 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

Below are the data sources, inputs and calculation used to determine the intrinsic value for Stella International Holdings.

OTCPK:SLNL.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 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.5%
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:SLNL.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.68
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.679 (1 + (1- 25%) (14.98%))
0.756
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 7.27%)
8.55%

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

The calculations below outline how an intrinsic value for Stella International Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:SLNL.F DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 102.00 101.88 101.77 101.65 101.54
Source Analyst x1 Est @ -0.11% Est @ -0.11% Est @ -0.11% Est @ -0.11%
Present Value
Discounted (@ 8.55%)
93.97 86.47 79.57 73.23 67.38
Present value of next 5 years cash flows $400.63
OTCPK:SLNL.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $101.54 × (1 + 2.73%) ÷ (8.55% – 2.73%)
$1,793.51
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $1,793.51 ÷ (1 + 8.55%)5
$1,190.24
OTCPK:SLNL.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $400.63 + $1,190.24
$1,590.87
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,590.87 / 792.60
$2.01
OTCPK:SLNL.F Discount to Share Price
Calculation Result
Exchange Rate USD/HKD
(Reporting currency to currency of SEHK:1836)
7.844
Value per Share
(HKD)
= Value per Share in USD x Exchange Rate (USD/HKD)
= $2.01 x 7.844
HK$15.74
Non-primary Listing Adjustment Factor 1 share in OTCPK:SLNL.F represents 0.08049x of SEHK:1836
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.08049x
Value per Share
(Listing Adjusted, USD)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 15.74 x 0.08049
$1.27
Value per share (USD) From above. $1.27
Current discount Discount to share price of $0.85
= -1 x ($0.85 - $1.27) / $1.27
32.9%

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

Current Discount
Amount off the current price Stella International Holdings is available for.
Intrinsic value
33%
Share price is $0.85 vs Future cash flow value of $1.27
Current Discount Checks
For Stella International Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Stella International Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Stella International Holdings's share price is below the future cash flow value, but not 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 Stella International Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Stella International Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:SLNL.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $0.07
SEHK:1836 Share Price ** SEHK (2018-10-24) in HKD HK$10.56
SEHK:1836 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.127 $1.35
United States of America Luxury Industry PE Ratio Median Figure of 37 Publicly-Listed Luxury Companies 17.76x
United States of America Market PE Ratio Median Figure of 3,025 Publicly-Listed Companies 17.12x

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

** Primary Listing of Stella International Holdings.

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

= SEHK:1836 Share Price ÷ EPS (both in USD)

= 1.35 ÷ 0.07

18.92x

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

  • Stella International Holdings is overvalued based on earnings compared to the US Luxury industry average.
  • Stella International Holdings is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Stella International Holdings's expected growth come at a high price?
Raw Data
OTCPK:SLNL.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
25.6%per year
United States of America Luxury Industry PEG Ratio Median Figure of 24 Publicly-Listed Luxury Companies 1.74x
United States of America Market PEG Ratio Median Figure of 2,108 Publicly-Listed Companies 1.28x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 18.92x ÷ 25.6%

0.74x

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

  • Stella International Holdings is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Stella International Holdings's assets?
Raw Data
OTCPK:SLNL.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $1.21
SEHK:1836 Share Price * SEHK (2018-10-24) in HKD HK$10.56
SEHK:1836 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.127 $1.35
United States of America Luxury Industry PB Ratio Median Figure of 47 Publicly-Listed Luxury Companies 1.59x
United States of America Market PB Ratio Median Figure of 5,100 Publicly-Listed Companies 1.77x
OTCPK:SLNL.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1836 Share Price ÷ Book Value per Share (both in USD)

= 1.35 ÷ 1.21

1.11x

* Primary Listing of Stella International Holdings.

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

  • Stella International Holdings is good value based on assets compared to the US Luxury industry average.
X
Value checks
We assess Stella International Holdings'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 Luxury 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 Luxury industry average (and greater than 0)? (1 check)
  5. Stella International Holdings has a total score of 3/6, 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.

SLNL.F Future Performance

 How is Stella International Holdings expected to perform in the next 1 to 3 years based on estimates from 5 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
25.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Stella International Holdings expected to grow at an attractive rate?
  • Stella International Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Stella International Holdings's earnings growth is expected to exceed the United States of America market average.
  • Stella International Holdings's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:SLNL.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:SLNL.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 25.6%
OTCPK:SLNL.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 5%
United States of America Luxury Industry Earnings Growth Rate Market Cap Weighted Average 15.3%
United States of America Luxury Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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:SLNL.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:SLNL.F Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 1,752 141 101 4
2019-12-31 1,656 130 86 5
2018-12-31 1,583 132 61 5
OTCPK:SLNL.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 1,554 48 56
2018-03-31 1,566 47 59
2017-12-31 1,577 46 62
2017-09-30 1,585 82 71
2017-06-30 1,592 118 80
2017-03-31 1,571 110 81
2016-12-31 1,551 101 82
2016-09-30 1,622 143 89
2016-06-30 1,693 185 97
2016-03-31 1,732 178 109
2015-12-31 1,770 171 121
2015-09-30 1,754 130 122

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Stella International Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Stella International Holdings's revenue is expected to grow by 5% 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:SLNL.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Stella International Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SLNL.F Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.14 0.15 0.13 3.00
2019-12-31 0.12 0.13 0.11 4.00
2018-12-31 0.08 0.09 0.07 3.00
OTCPK:SLNL.F Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 0.07
2018-03-31 0.07
2017-12-31 0.08
2017-09-30 0.09
2017-06-30 0.10
2017-03-31 0.10
2016-12-31 0.10
2016-09-30 0.11
2016-06-30 0.12
2016-03-31 0.14
2015-12-31 0.15
2015-09-30 0.15

*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.
  • Stella International Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Stella International Holdings'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.
Stella International Holdings has a total score of 3/6, 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.

SLNL.F Past Performance

  How has Stella International Holdings 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 Stella International Holdings's growth in the last year to its industry (Luxury).
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.
  • Stella International Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Stella International Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Stella International Holdings's 1-year earnings growth is negative, it can't be compared to the US Luxury industry average.
Earnings and Revenue History
Stella International Holdings'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 Stella International Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SLNL.F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 1,554.09 56.40 154.28 54.89
2018-03-31 1,565.68 59.18 162.67 55.78
2017-12-31 1,577.27 61.96 171.05 56.68
2017-09-30 1,584.59 70.83 179.26 58.55
2017-06-30 1,591.91 79.70 187.46 60.42
2017-03-31 1,571.39 80.64 183.35 61.23
2016-12-31 1,550.86 81.58 179.23 62.05
2016-09-30 1,622.03 89.49 185.81 62.79
2016-06-30 1,693.19 97.41 192.38 63.53
2016-03-31 1,731.52 109.23 195.22 61.71
2015-12-31 1,769.85 121.05 198.06 59.89
2015-09-30 1,754.19 121.59 187.27 57.67
2015-06-30 1,738.53 122.14 176.49 55.45
2015-03-31 1,700.81 121.42 172.16 54.05
2014-12-31 1,663.09 120.70 167.82 52.64
2014-09-30 1,614.81 122.84 173.77 51.40
2014-06-30 1,566.53 124.98 179.72 50.16
2014-03-31 1,554.00 123.82 184.23 49.43
2013-12-31 1,541.47 122.66 188.75 48.69
2013-09-30 1,552.96 129.88 187.26 48.80
2013-06-30 1,564.45 137.11 185.77 48.91
2013-03-31 1,557.23 145.26 188.60 49.21
2012-12-31 1,550.00 153.40 191.44 49.50
2012-09-30 1,527.77 149.02 185.27 48.76
2012-06-30 1,505.54 144.64 179.10 48.02
2012-03-31 1,500.04 143.81 170.50 46.38

*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.
  • Stella International Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Stella International Holdings used its assets less efficiently than the US Luxury industry average last year based on Return on Assets.
  • Stella International Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Stella International Holdings'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 Luxury 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.
Stella International Holdings has a total score of 0/6, 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.

SLNL.F Health

 How is Stella International Holdings'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 Stella International Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Stella International Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Stella International Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Stella International Holdings'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 5.2x 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 Stella International Holdings Company Filings, last reported 6 months ago.

OTCPK:SLNL.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 953.18 159.87 123.38
2018-03-31 953.18 159.87 123.38
2017-12-31 967.96 63.27 136.72
2017-09-30 967.96 63.27 136.72
2017-06-30 966.05 121.22 103.77
2017-03-31 966.05 121.22 103.77
2016-12-31 977.86 3.36 149.49
2016-09-30 977.86 3.36 149.49
2016-06-30 958.23 159.49 127.60
2016-03-31 958.23 159.49 127.60
2015-12-31 984.29 18.35 186.21
2015-09-30 984.29 18.35 186.21
2015-06-30 949.54 138.94 141.10
2015-03-31 949.54 138.94 141.10
2014-12-31 952.71 0.00 174.48
2014-09-30 952.71 0.00 174.48
2014-06-30 918.02 108.01 178.72
2014-03-31 918.02 108.01 178.72
2013-12-31 933.55 0.00 278.00
2013-09-30 933.55 0.00 278.00
2013-06-30 891.23 30.00 198.46
2013-03-31 891.23 30.00 198.46
2012-12-31 916.75 0.00 303.60
2012-09-30 916.75 0.00 303.60
2012-06-30 861.12 25.00 205.21
2012-03-31 861.12 25.00 205.21
  • Stella International Holdings's level of debt (16.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (3.3% vs 16.8% today).
  • Debt is well covered by operating cash flow (30.2%, greater than 20% of total debt).
  • Stella International Holdings earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Stella International Holdings'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. Stella International Holdings 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.

SLNL.F Dividends

 What is Stella International Holdings'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
5.68%
Current annual income from Stella International Holdings dividends. Estimated to be 7.38% next year.
If you bought $2,000 of Stella International Holdings shares you are expected to receive $114 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?
  • Stella International Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • Stella International Holdings's dividend is above the markets top 25% of dividend payers in United States of America (3.7%).
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:SLNL.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 5 Analyst Estimates (S&P Global) See Below
United States of America Luxury Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 1.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1986 Stocks 2.6%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

OTCPK:SLNL.F Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.11 4.00
2019-12-31 0.09 6.00
2018-12-31 0.07 4.00
OTCPK:SLNL.F Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-08-28 0.076 7.440
2018-08-16 0.076 7.401
2018-04-10 0.076 6.481
2018-03-15 0.076 5.713
2017-08-29 0.077 4.936
2017-08-17 0.077 4.357
2017-03-16 0.077 4.486
2016-04-11 0.109 6.230
2016-03-23 0.110 4.629
2015-03-30 0.109 4.385
2015-03-20 0.110 4.537
2014-04-10 0.109 4.120
2013-04-03 0.135 5.307
2013-03-21 0.135 4.574
2012-03-21 0.126 4.855
2011-08-18 0.106 4.626
2011-03-17 0.106 4.428
2010-08-19 0.090 4.411
2010-03-18 0.090 4.632
2009-03-27 0.103 6.171
2009-03-20 0.103 9.679
2009-01-22 0.116 11.812

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Stella International Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess Stella International Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Stella International Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Stella International Holdings 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.

SLNL.F Management

 What is the CEO of Stella International Holdings'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
Stephen Chi
COMPENSATION $580,000
AGE 46
TENURE AS CEO 0 years
CEO Bio

Mr. Lo-Jen Chi, also known as Stephen, has been Chief Executive Officer at Stella International Holdings Ltd. since January 1, 2019 and served as the Chief Executive Officer of The Women's Footwear Business Division & The Retail Business Division until January 1, 2019. Mr. Chi served as Chief Operating Officer for the women's Footwear Business Division at Stella International Holdings Ltd. He is responsible for the supervision of the daily operations and business development of women's footwear business. He joined Stella International Holdings Ltd in 1995. He has over 23 years of experience in the footwear industry. Mr. Chi has been an Executive Director at Stella International Holdings Ltd since June 15, 2007. Mr. Chi studied mechanical engineering at Carnegie Mellon University in the United States.

CEO Compensation
  • Stephen's compensation has been consistent with company performance over the past year.
  • Stephen's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Jack Chiang

TITLE
Chairman & President
COMPENSATION
$251K
AGE
67

Stephen Chi

TITLE
Executive Director & CEO
COMPENSATION
$580K
AGE
46

Eric Chao

TITLE
Deputy Chairman
COMPENSATION
$197K
AGE
66

Lawrence Chen

TITLE
Executive Director
COMPENSATION
$191K
AGE
57

Don Lee

TITLE
Chief Financial Officer
AGE
60

Dermot Smowton

TITLE
Chief Operating Officer
AGE
63
TENURE
3.1 yrs

Katie Kan

TITLE
Company Secretary
AGE
47
Board of Directors Tenure

Average tenure and age of the Stella International Holdings board of directors in years:

7.3
Average Tenure
65
Average Age
  • The tenure for the Stella International Holdings board of directors is about average.
Board of Directors

Stephen Chi

TITLE
Executive Director & CEO
COMPENSATION
$580K
AGE
46
TENURE
11.6 yrs

Eric Chao

TITLE
Deputy Chairman
COMPENSATION
$197K
AGE
66
TENURE
5.4 yrs

Lawrence Chen

TITLE
Executive Director
COMPENSATION
$191K
AGE
57
TENURE
11 yrs

Johnny Chen

TITLE
Independent Non Executive Director
COMPENSATION
$61K
AGE
59
TENURE
9.9 yrs

Jack Chiang

TITLE
Chairman & President
COMPENSATION
$251K
AGE
67

Thomas Yue

TITLE
Independent Non-Executive Director
COMPENSATION
$68K
AGE
64
TENURE
6 yrs

Peter Bolliger

TITLE
Independent Non-Executive Director
COMPENSATION
$54K
AGE
73
TENURE
8.3 yrs

William Chan

TITLE
Independent Non-Executive Director
COMPENSATION
$67K
AGE
69
TENURE
6.3 yrs

Jie Lian

TITLE
Independent Non-Executive Director
COMPENSATION
$48K
AGE
43
TENURE
1.9 yrs

Nan Shi

TITLE
Independent Non-Executive Director
AGE
66
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 ($) Value ($)
15. Oct 18 Buy Marathon Asset Management, LLP Company 12. Oct 18 12. Oct 18 1,031,000 $0.93 $961,823
12. Oct 18 Buy Jeh-Chung Chiang Individual 11. Oct 18 11. Oct 18 3,592,500 $0.93 $3,339,886
09. Oct 18 Buy Jeh-Chung Chiang Individual 08. Oct 18 08. Oct 18 75,500 $0.90 $68,240
29. Aug 18 Buy Ming-Cheng Chao Individual 28. Aug 18 28. Aug 18 2,000,000 $1.04 $2,084,142
24. Aug 18 Buy Li-Ming Chen Individual 22. Aug 18 22. Aug 18 1,000,000 $1.04 $1,044,619
24. Aug 18 Buy Li-Ming Chen Individual 21. Aug 18 21. Aug 18 2,500,000 $1.04 $2,605,228
24. Aug 18 Buy Jeh-Chung Chiang Individual 21. Aug 18 21. Aug 18 2,500,000 $1.04 $2,605,228
30. May 18 Buy Cordwalner Bonaventure Inc. Company 25. May 18 25. May 18 15,700,000 $1.24 $19,420,617
30. May 18 Sell Capital Research and Management Company Company 25. May 18 25. May 18 -23,257,500 $1.24 $-28,769,109
12. May 18 Sell Capital Research and Management Company Company 10. May 18 10. May 18 -238,500 $1.26 $-300,122
13. Apr 18 Buy Jeh-Chung Chiang Individual 13. Apr 18 13. Apr 18 1,103,000 $1.22 $1,347,834
10. Apr 18 Buy Invesco Ltd. Company 06. Apr 18 06. Apr 18 460,000 $1.27 $585,712
19. Mar 18 Buy Jeh-Chung Chiang Individual 16. Mar 18 16. Mar 18 1,415,500 $1.40 $1,980,733
X
Management checks
We assess Stella International Holdings'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. Stella International Holdings 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.

SLNL.F News

External News
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Simply Wall St News

SLNL.F Company Info

Map
Description

Stella International Holdings Limited develops, manufactures, and retails footwear products and leather goods for men and women. The company operates through Men’s Footwear, Women’s Footwear, and Footwear Retailing and Wholesaling segments. It is also involved in the sale and distribution of footwear; holding of intellectual property rights; and provision of secretary and accounting services. The company operates its stores under the Stella Luna, What For, and JKJY by Stella names. It operates in the United States, the People’s Republic of China, the United Kingdom, the Netherlands, Italy, Canada, Japan, Germany, Belgium, Spain, and internationally. The company was founded in 1982 and is based in Kowloon, Hong Kong.

Details
Name: Stella International Holdings Limited
SLNL.F
Exchange: OTCPK
Founded: 1982
HK$1,067,097,061
792,601,500
Website: http://www.stella.com.hk
Address: Stella International Holdings Limited
MG Tower,
Flat C,
Kowloon,
Kowloon, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1836 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 06. Jul 2007
OTCPK SLNL.F Ordinary Shares Pink Sheets LLC US USD 06. Jul 2007
DB 31S Ordinary Shares Deutsche Boerse AG DE EUR 06. Jul 2007
SZSC 1836 HKD0.1 The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 15. Sep 2017
Number of employees
Current staff
Staff numbers
62,000
Stella International Holdings employees.
Industry
Footwear
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/21 00:04
End of day share price update: 2018/10/24 00:00
Last estimates confirmation: 2019/01/18
Last earnings filing: 2018/08/28
Last earnings reported: 2018/06/30
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.