OTCPK:SFNX.F

Stock Analysis Report

Executive Summary

Sofina Société Anonyme is a private equity and venture capital firm specializing in direct and fund of funds investments.

Rewards


Snowflake Analysis


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

SFNX.F

-2.2%

US Diversified Financial

-4.2%

US Market


1 Year Return

n/a

SFNX.F

10.3%

US Diversified Financial

14.0%

US Market

Return vs Industry: Insufficient data to determine how SFNX.F performed against the US Diversified Financial industry.

Return vs Market: Insufficient data to determine how SFNX.F performed against the US Market.


Shareholder returns

SFNX.FIndustryMarket
7 Day0%-2.2%-4.2%
30 Day0%-1.8%-1.8%
90 Day0%1.6%2.6%
1 Yearn/a10.5%10.3%16.3%14.0%
3 Yearn/a29.2%28.8%43.2%34.0%
5 Yearn/a49.3%48.7%65.9%47.6%

Price Volatility Vs. Market

How volatile is Sofina 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 Sofina Société Anonyme undervalued compared to its fair value and its price relative to the market?

16.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SFNX.F ($222) is trading below our estimate of fair value ($266.16)

Significantly Below Fair Value: SFNX.F is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: SFNX.F is good value based on its PE Ratio (6.9x) compared to the Diversified Financial industry average (10.4x).

PE vs Market: SFNX.F is good value based on its PE Ratio (6.9x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SFNX.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SFNX.F is overvalued based on its PB Ratio (0.9x) compared to the US Diversified Financial industry average (0.8x).

Future Growth

How is Sofina Société Anonyme forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-72.2%

Forecasted Diversified Financials 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 Sofina Société Anonyme 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.

Past Performance

How has Sofina Société Anonyme performed over the past 5 years?

30.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SFNX.F has high quality earnings.

Growing Profit Margin: SFNX.F's current net profit margins (95.4%) are lower than last year (96.7%).


Past Earnings Growth Analysis

Earnings Trend: SFNX.F's earnings have grown significantly by 30.6% per year over the past 5 years.

Accelerating Growth: SFNX.F's earnings growth over the past year (20.4%) is below its 5-year average (30.6% per year).

Earnings vs Industry: SFNX.F earnings growth over the past year (20.4%) underperformed the Diversified Financial industry 58%.


Return on Equity

High ROE: SFNX.F's Return on Equity (13.5%) is considered low.


Return on Assets


Return on Capital Employed

Financial Health

How is Sofina 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: SFNX.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if SFNX.F's debt is covered by short term assets.


Financial Institutions Analysis

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

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

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

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

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

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

Dividend

What is Sofina Société Anonyme's current dividend yield, its reliability and sustainability?

1.43%

Current Dividend Yield


Dividend Yield vs Market

company1.4%marketbottom25%1.5%markettop25%3.8%industryaverage2.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: SFNX.F's dividend (1.43%) is higher than the bottom 25% of dividend payers in the US market (1.4%).

High Dividend: SFNX.F's dividend (1.43%) is low compared to the top 25% of dividend payers in the US market (3.66%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (9.9%), SFNX.F'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.

Management

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

9.9yrs

Average board tenure


CEO

Harold Y. Boël (55yo)

11.9yrs

Tenure

€2,079,000

Compensation

Mr. Harold Y. H. Boël is the Chief Executive Officer and Director at Sofina Société Anonyme since 2008. Mr. Boël serves as Managing Director/Chief Executive Officer at Henex SA. He held management position ...


CEO Compensation Analysis

Compensation vs Market: Harold Y.'s total compensation ($USD2.32M) is below average for companies of similar size in the US market ($USD6.46M).

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


Board Members

NamePositionTenureCompensationOwnership
Harold Y. Boël
CEO & Director11.9yrs€2.08mno data
Michel Tilmant
Independent Director9.9yrsno datano data
Richard d'Alviella
Honorary Chairman0yrs€348.00kno data
David Verey
Chairman15.9yrsno datano data
Robert Peugeot
Independent Director0yrsno datano data
Analjit Singh
Independent Director8.9yrsno datano data
Nicolas Boël
Member of the Board of Director12.9yrsno datano data
Dominique Lancksweert
Vice-Chairman0yrsno datano data
Jacques Emsens
Member of the Board of Director8.9yrsno datano data
Guy Verhofstadt
Independent Director7.9yrsno datano data

9.9yrs

Average Tenure

67yo

Average Age

Experienced Board: SFNX.F's board of directors are considered experienced (9.9 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

Sofina Société Anonyme's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sofina Société Anonyme
  • Ticker: SFNX.F
  • Exchange: OTCPK
  • Founded: 1890
  • Industry: Multi-Sector Holdings
  • Sector: Diversified Financials
  • Market Cap: €6.554b
  • Listing Market Cap: €7.323b
  • Shares outstanding: 33.68m
  • Website: https://www.sofinagroup.com

Number of Employees


Location

  • Sofina Société Anonyme
  • Rue de l’Industrie, 31
  • Brussels
  • Brussels
  • 1040
  • Belgium

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SOFENXTBR (Euronext Brussels)YesCommon SharesBEEURJan 1992
SFNX.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1992
0G2XLSE (London Stock Exchange)YesCommon SharesGBEURJan 1992
8FSDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1992
SOFBBATS-CHIXE (BATS 'Chi-X Europe')YesCommon SharesGBEURJan 1992
SOFWBAG (Wiener Boerse AG)YesCommon SharesATEURJan 1992

Biography

Sofina Société Anonyme is a private equity and venture capital firm specializing in direct and fund of funds investments. Within direct investments, it specializes in growth capital, early, startup, later stages, mature, emerging growth, mid venture, late venture, industry consolidation, and LBO investments. The firm primarily invests in portfolio of companies that engages in energy and services, retail, e-commerce, consumer goods, digital, education, healthcare, satellite operations, industry, finance companies, and financial services worldwide. It also invests in the media, communications, insurance, property development sectors. The firm typically invests in European based companies with a global exposure, and it also has a particular focus on companies based in Western Europe and Asia such as in India and China and also in the United States. It invests between €75 million ($86.83 million) and €300.29 million ($339.29 million) in companies with an enterprise value between €250 million ($278.91 million) and €4.5 billion ($4500 million) in minority investments, and €15 million ($18.38 million) and €50 million ($57.88 million) in companies operating in emerging markets or fast growing sectors. It invests in privately owned and listed companies. It invests in private companies to support growth, finance acquisitions, give liquidity to existing shareholders/families, support sales processes, and make minority investment alongside shareholders controlling shareholders and in listed companies for replacement of existing shareholder, long term support of controlling shareholders, and delisting. Within fund of funds, the firm focuses on private equity, venture capital and growth equity funds, and selected relationships in buyout and special situations. It also manages funds in the fields of private equity and hedge funds. It typically invests in the US, Europe and Asia, and also concentrates on emerging markets. The firm makes between €10 million ($11.57 million) and €25 million ($28.94 million) commitments in funds. It invest from own balance sheet. The firm prefers to hold a minority ownership equity in its portfolio companies and also seeks board seat. The firm also co-invests. It typically holds its investments for ten to twelve years. Sofina Société Anonyme was founded in 1980 and it is based in Brussels, Belgium with additional offices Luxembourg and Singapore. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/30 00:09
End of Day Share Price2019/10/01 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.