NYSE:SBR

Stock Analysis Report

Sabine Royalty Trust

Executive Summary

Sabine Royalty Trust holds royalty and mineral interests in various oil and gas properties in the United States.

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Share Price & News

How has Sabine Royalty Trust's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.7%

SBR

-0.2%

US Oil and Gas

-0.2%

US Market


1 Year Return

5.1%

SBR

-11.8%

US Oil and Gas

16.1%

US Market

Return vs Industry: SBR exceeded the US Oil and Gas industry which returned -11.8% over the past year.

Return vs Market: SBR underperformed the US Market which returned 16.1% over the past year.


Shareholder returns

SBRIndustryMarket
7 Day-0.7%-0.2%-0.2%
30 Day2.2%0.5%3.7%
90 Day-6.7%6.3%8.5%
1 Year13.4%5.1%-8.6%-11.8%18.7%16.1%
3 Year34.9%9.6%-8.6%-17.0%46.9%37.4%
5 Year11.9%-21.2%-20.5%-32.1%61.8%44.0%

Price Volatility Vs. Market

How volatile is Sabine Royalty Trust's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sabine Royalty Trust undervalued compared to its fair value and its price relative to the market?

15.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SBR ($39.44) is trading below our estimate of fair value ($46.71)

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


Price To Earnings Ratio

PE vs Industry: SBR is poor value based on its PE Ratio (11.7x) compared to the Oil and Gas industry average (9.9x).

PE vs Market: SBR is good value based on its PE Ratio (11.7x) compared to the US market (18x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SBR is overvalued based on its PB Ratio (122x) compared to the US Oil and Gas industry average (0.8x).

Future Growth

How is Sabine Royalty Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.6%

Forecasted Energy 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 Sabine Royalty Trust 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 Sabine Royalty Trust performed over the past 5 years?

-4.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SBR has high quality earnings.

Growing Profit Margin: SBR's current net profit margins (94.6%) are higher than last year (94.3%).


Past Earnings Growth Analysis

Earnings Trend: SBR's earnings have declined by -4.1% per year over the past 5 years.

Accelerating Growth: SBR's earnings growth over the past year (16.5%) exceeds its 5-year average (-4.1% per year).

Earnings vs Industry: SBR earnings growth over the past year (16.5%) exceeded the Oil and Gas industry -10.9%.


Return on Equity

High ROE: SBR's Return on Equity (1045.3%) is considered outstanding.


Return on Assets


Return on Capital Employed

Financial Health

How is Sabine Royalty Trust's financial position?


Financial Position Analysis

Short Term Liabilities: SBR's short term assets ($8.1M) exceeds its short term liabilities ($220.4K)

Long Term Liabilities: SBR's short term assets ($8.1M) exceeds its long term liabilities (3.4M)


Debt to Equity History and Analysis

Debt Level: SBR is debt free.

Reducing Debt: SBR has not had any debt for past 5 years.

Debt Coverage: SBR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SBR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

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

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

Dividend

What is Sabine Royalty Trust's current dividend yield, its reliability and sustainability?

8.36%

Current Dividend Yield


Dividend Yield vs Market

company8.4%marketbottom25%1.4%markettop25%3.7%industryaverage4.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: SBR's dividend (8.36%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: SBR's dividend (8.36%) is in the top 25% of dividend payers in the US market (3.69%)


Stability and Growth of Payments

Stable Dividend: SBR's dividends per share have been stable in the past 10 years.

Growing Dividend: SBR's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (101.1%), SBR's dividend payments are not well 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

What is the CEO of Sabine Royalty Trust's salary, the management and board of directors tenure and is there insider trading?


CEO

Sabine Royalty Trust has no CEO, or we have no data on them.


Insider Trading

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.


Management Team

  • Ron Hooper

    Senior VP of Royalty Trust Management & Trust Administrator - Bank of America NA

    • Tenure: 0yrs

Board Members

    Company Information

    Sabine Royalty Trust's company bio, employee growth, exchange listings and data sources


    Key Information

    • Name: Sabine Royalty Trust
    • Ticker: SBR
    • Exchange: NYSE
    • Founded: 1982
    • Industry: Oil and Gas Exploration and Production
    • Sector: Energy
    • Market Cap: US$584.194m
    • Shares outstanding: 14.58m
    • Website: https://www.sbr-sabine.com

    Location

    • Sabine Royalty Trust
    • Simmons Bank
    • Park Place
    • Dallas
    • Texas
    • 75219
    • United States

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    SBRNYSE (New York Stock Exchange)YesBeneficial Interest UnitsUSUSDDec 1982

    Biography

    Sabine Royalty Trust holds royalty and mineral interests in various oil and gas properties in the United States. Its royalty and mineral interests include landowner’s royalties, overriding royalty interest ...


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2019/11/21 23:48
    End of Day Share Price2019/11/21 00:00
    Earnings2019/09/30
    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.