OTCPK:SFFF.F

Stock Analysis Report

Executive Summary

FFP Société anonyme is a publicly owned investment manager.

Rewards


Snowflake Analysis

Share Price & News

How has FFP Société anonyme's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SFFF.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

SFFF.F

1.1%

US Diversified Financial

0.06%

US Market


1 Year Return

16.4%

SFFF.F

11.8%

US Diversified Financial

19.3%

US Market

Return vs Industry: SFFF.F exceeded the US Diversified Financial industry which returned 11.8% over the past year.

Return vs Market: SFFF.F underperformed the US Market which returned 19.3% over the past year.


Shareholder returns

SFFF.FIndustryMarket
7 Day0%1.1%0.06%
30 Day0%0.1%1.7%
90 Dayn/a5.0%9.0%
1 Year16.4%16.4%12.0%11.8%21.8%19.3%
3 Yearn/a33.1%32.7%49.5%39.9%
5 Yearn/a51.5%50.9%73.1%54.1%

Price Volatility Vs. Market

How volatile is FFP Société anonyme's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is FFP Société anonyme undervalued compared to its fair value and its price relative to the market?

18.79x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SFFF.F ($114.25) is trading above our estimate of fair value ($59.29)

Significantly Below Fair Value: SFFF.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SFFF.F is poor value based on its PE Ratio (18.8x) compared to the Diversified Financial industry average (9.4x).

PE vs Market: SFFF.F is poor value based on its PE Ratio (18.8x) compared to the US market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: SFFF.F is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: SFFF.F is good value based on its PB Ratio (0.6x) compared to the US Diversified Financial industry average (0.8x).

Future Growth

How is FFP Société anonyme forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

14.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SFFF.F's forecast earnings growth (14.8% per year) is above the savings rate (1.7%).

Earnings vs Market: SFFF.F's earnings (14.8% per year) are forecast to grow faster than the US market (14.2% per year).

High Growth Earnings: SFFF.F's earnings are forecast to grow, but not significantly.

Revenue vs Market: SFFF.F's revenue (11.3% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: SFFF.F's revenue (11.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SFFF.F's Return on Equity is forecast to be low in 3 years time (4.6%).

Past Performance

How has FFP Société anonyme performed over the past 5 years?

28.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SFFF.F has high quality earnings.

Growing Profit Margin: SFFF.F's current net profit margins (72.2%) are lower than last year (85.5%).


Past Earnings Growth Analysis

Earnings Trend: SFFF.F has become profitable over the past 5 years, growing earnings by 28% per year.

Accelerating Growth: SFFF.F's earnings growth over the past year (34.7%) exceeds its 5-year average (28% per year).

Earnings vs Industry: SFFF.F earnings growth over the past year (34.7%) underperformed the Diversified Financial industry 38%.


Return on Equity

High ROE: SFFF.F's Return on Equity (3.2%) is considered low.


Return on Assets


Return on Capital Employed

Financial Health

How is FFP Société anonyme's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: SFFF.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: SFFF.F's debt is not covered by short term assets (assets are 0.1x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SFFF.F is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: SFFF.F is profitable, therefore cash runway is not a concern.


Financial Institutions Analysis

Asset Level: SFFF.F's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if SFFF.F has a sufficient allowance for bad loans.

Low Risk Liabilities: SFFF.F reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if SFFF.F has an acceptable proportion of non-loan assets held.

Low Risk Deposits: SFFF.F has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if SFFF.F has an appropriate level of bad loans.

Dividend

What is FFP Société anonyme's current dividend yield, its reliability and sustainability?

2.15%

Current Dividend Yield


Dividend Yield vs Market

company2.2%marketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Years2.4%

Current dividend yield vs market & industry

Notable Dividend: SFFF.F's dividend (2.15%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: SFFF.F's dividend (2.15%) is low compared to the top 25% of dividend payers in the US market (3.71%).


Stability and Growth of Payments

Stable Dividend: SFFF.F's dividend payments have been volatile in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40.4%), SFFF.F's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SFFF.F's dividends in 3 years are forecast to be well covered by earnings (35.9% payout ratio).

Management

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

4.1yrs

Average management tenure


CEO

Robert Peugeot (69yo)

€1,556,996

Compensation

Mr. Robert Peugeot has been the President and Chief Executive Officer of FFP-Société Fonciere, Financière et de Participations since 2002. Mr. Peugeot serves as the Chief Executive Officer of Simante, SL.  ...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD1.68M) is below average for companies of similar size in the US market ($USD4.88M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Robert Peugeot
Chairman & CEO0yrs€1.56m0.000040% 1.1k
Bertrand Finet
Deputy CEO & COO3.1yrs€1.34mno data
Frédéric Villain
Chief Financial Officer4.4yrsno datano data
Sébastien Coquard
Head of Investments14.1yrsno datano data
Thierry de Poncheville
Chief Legal Officer0yrsno datano data
Frédéric Banzet
Senior Partner0yrsno datano data
François Massut
Head of Private Equity Funds0yrsno datano data
Sophie Vernier-Reiffers
Deputy General Counsel & Board Secretary2.7yrsno datano data
Laetitia Blot-Dollfus
Financial Controller4.1yrsno datano data
Jean-Baptiste Molmy
Legal Counsel0yrsno datano data

4.1yrs

Average Tenure

61yo

Average Age

Experienced Management: SFFF.F's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Peugeot
Chairman & CEO0yrs€1.56m0.000040% 1.1k
Georges Chodron de Courcel
Independent Director14.7yrs€76.50k0.000080% 2.1k
Jean-Philippe Peugeot
Vice-Chairman0yrs€85.50k0.000040% 1.1k
Marie-Hélène Peugeot-Roncoroni
Vice-Chairman0yrs€85.50k0.000040% 1.1k
Marie-Françoise Walbaum
Independent Director6.8yrs€77.00k0.000080% 2.1k
Xavier Peugeot
Director18.7yrs€64.50k0.000040% 1.1k
Christian Peugeot
Director40.7yrs€59.00k0.0041% 108.9k
Luce Gendry
Independent Director9.7yrs€81.50k0.000040% 1.1k
Anne Lange
Independent Director1.8yrs€42.50k0.00040% 10.7k
Dominique Netter
Independent Director4yrs€76.50k0.00061% 16.3k

9.7yrs

Average Tenure

67yo

Average Age

Experienced Board: SFFF.F's board of directors are considered experienced (9.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

FFP Société anonyme's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: FFP Société anonyme
  • Ticker: SFFF.F
  • Exchange: OTCPK
  • Founded: 1929
  • Industry: Multi-Sector Holdings
  • Sector: Diversified Financials
  • Market Cap: €2.472b
  • Listing Market Cap: €2.668b
  • Shares outstanding: 24.74m
  • Website: https://www.groupe-ffp.fr/en

Number of Employees


Location

  • FFP Société anonyme
  • 66 avenue Charles de Gaulle
  • CS 60049
  • Neuilly sur Seine
  • Ile-de-France
  • 92522
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FFPENXTPA (Euronext Paris)YesShare CapitalFREURJan 1992
FFPDB (Deutsche Boerse AG)YesShare CapitalDEEURJan 1992
0HV8LSE (London Stock Exchange)YesShare CapitalGBEURJan 1992
SFFF.FOTCPK (Pink Sheets LLC)YesShare CapitalUSUSDJan 1992
FFPPBATS-CHIXE (BATS 'Chi-X Europe')YesShare CapitalGBEURJan 1992
FFPBST (Boerse-Stuttgart)YesShare CapitalDEEURJan 1992

Biography

FFP Société anonyme is a publicly owned investment manager. FFP Société anonyme was founded in 1929 and is based in Paris, France. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 00:39
End of Day Share Price2020/01/07 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.