Schweitzer-Mauduit International
Market Cap
US$1.1b
Last Updated
2020/02/17 00:03 UTC
Data Sources
Company Financials +
Executive Summary
Schweitzer-Mauduit International, Inc., together with its subsidiaries, provides engineered solutions and advanced materials for various industries worldwide.
Rewards
Risk Analysis
Snowflake Analysis
6 star dividend payer and good value.
Similar Companies
Share Price & News
How has Schweitzer-Mauduit International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SWM's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-2.0%
SWM
1.8%
US Forestry
1.5%
US Market
1 Year Return
3.7%
SWM
-6.3%
US Forestry
20.1%
US Market
Return vs Industry: SWM exceeded the US Forestry industry which returned -6.3% over the past year.
Return vs Market: SWM underperformed the US Market which returned 20.1% over the past year.
Shareholder returns
| SWM | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | 1.8% | 1.5% |
| 30 Day | -7.4% | -2.5% | 1.4% |
| 90 Day | -20.0% | 0.06% | 8.7% |
| 1 Year | 8.7%3.7% | -3.5%-6.3% | 22.7%20.1% |
| 3 Year | -3.4%-15.7% | 7.9%-0.4% | 50.1%40.5% |
| 5 Year | -6.5%-24.9% | 1.4%-10.8% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is Schweitzer-Mauduit International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Who Has Been Selling Schweitzer-Mauduit International, Inc. (NYSE:SWM) Shares?2 weeks ago | Simply Wall St
Here's Why Schweitzer-Mauduit International (NYSE:SWM) Can Manage Its Debt Responsibly3 weeks ago | Simply Wall St
Here's What Schweitzer-Mauduit International, Inc.'s (NYSE:SWM) P/E Is Telling UsValuation
Is Schweitzer-Mauduit International undervalued compared to its fair value and its price relative to the market?
29.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SWM ($35.14) is trading below our estimate of fair value ($49.67)
Significantly Below Fair Value: SWM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SWM is good value based on its PE Ratio (14.9x) compared to the Forestry industry average (19.3x).
PE vs Market: SWM is good value based on its PE Ratio (14.9x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: SWM is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: SWM is overvalued based on its PB Ratio (1.9x) compared to the US Forestry industry average (1.1x).
Next Steps
Future Growth
How is Schweitzer-Mauduit International forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
12.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SWM's forecast earnings growth (12.5% per year) is above the savings rate (1.7%).
Earnings vs Market: SWM's earnings (12.5% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: SWM's earnings are forecast to grow, but not significantly.
Revenue vs Market: SWM's revenue (0.6% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: SWM's revenue (0.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SWM's Return on Equity is forecast to be low in 3 years time (14.2%).
Next Steps
Past Performance
How has Schweitzer-Mauduit International performed over the past 5 years?
-4.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SWM has high quality earnings.
Growing Profit Margin: SWM's current net profit margins (7%) are higher than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: SWM's earnings have declined by -4% per year over the past 5 years.
Accelerating Growth: SWM's earnings growth over the past year (21.1%) exceeds its 5-year average (-4% per year).
Earnings vs Industry: SWM earnings growth over the past year (21.1%) exceeded the Forestry industry 1%.
Return on Equity
High ROE: SWM's Return on Equity (12.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Schweitzer-Mauduit International's financial position?
Financial Position Analysis
Short Term Liabilities: SWM's short term assets ($418.9M) exceed its short term liabilities ($144.5M).
Long Term Liabilities: SWM's short term assets ($418.9M) do not cover its long term liabilities ($730.9M).
Debt to Equity History and Analysis
Debt Level: SWM's debt to equity ratio (97.5%) is considered high.
Reducing Debt: SWM's debt to equity ratio has increased from 85.8% to 97.5% over the past 5 years.
Debt Coverage: SWM's debt is well covered by operating cash flow (29.4%).
Interest Coverage: SWM's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
Inventory Level: SWM has a high level of physical assets or inventory.
Debt Coverage by Assets: SWM's debt is not covered by short term assets (assets are 0.7x debt).
Next Steps
Dividend
What is Schweitzer-Mauduit International's current dividend yield, its reliability and sustainability?
5.01%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SWM's dividend (5.01%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: SWM's dividend (5.01%) is in the top 25% of dividend payers in the US market (3.69%)
Stability and Growth of Payments
Stable Dividend: SWM's dividends per share have been stable in the past 10 years.
Growing Dividend: SWM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.5%), SWM's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SWM's dividends in 3 years are forecast to be covered by earnings (54.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Jeff Kramer (59yo)
2.8yrs
Tenure
US$3,250,775
Compensation
Dr. Jeffrey Kramer, Ph.D., also known as Jeff, has been the Chief Executive Officer and Director at Schweitzer-Mauduit International, Inc. since April 21, 2017. Dr. Kramer served as the Chief Executive Off ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD3.25M) is above average for companies of similar size in the US market ($USD2.47M).
Compensation vs Earnings: Jeff's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.8yrs | US$3.25m | 0.25% $2.8m | |
| Executive VP of Finance & CFO | 1.9yrs | US$1.35m | 0.074% $802.2k | |
| Executive VP | 2.4yrs | US$981.39k | 0.063% $686.8k | |
| Consultant | 9.9yrs | US$1.16m | 0.23% $2.5m | |
| Executive Vice President of Advanced Materials & Structures | 3.6yrs | US$914.86k | 0.071% $776.1k | |
| Corporate Controller & Chief Accounting Officer | 0.8yrs | no data | 0.014% $153.5k | |
| Director of Investor Relations | 6.8yrs | no data | no data | |
| Chief Human Resources Officer | 0yrs | no data | no data | |
| Executive Vice President of Engineered Papers | 0.08yrs | no data | 0.023% $246.0k |
2.6yrs
Average Tenure
50yo
Average Age
Experienced Management: SWM's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.8yrs | US$3.25m | 0.25% $2.8m | |
| Independent Director | 4yrs | US$175.00k | 0.097% $1.1m | |
| Chairman & Lead Independent Director | 1yrs | US$175.00k | 0.0065% $70.5k | |
| Independent Director | 24.3yrs | US$245.00k | 0.015% $160.5k | |
| Independent Director | 10.6yrs | US$165.00k | 0.017% $183.4k | |
| Independent Director | 2.8yrs | US$155.00k | 0.021% $231.8k | |
| Independent Director | 1.9yrs | US$127.50k | no data | |
| Independent Director | 1yrs | no data | no data |
2.8yrs
Average Tenure
60yo
Average Age
Experienced Board: SWM's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Schweitzer-Mauduit International, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Schweitzer-Mauduit International, Inc.
- Ticker: SWM
- Exchange: NYSE
- Founded: 1995
- Industry: Paper Products
- Sector: Materials
- Market Cap: US$1.086b
- Shares outstanding: 30.90m
- Website: https://www.swmintl.com
Number of Employees
Location
- Schweitzer-Mauduit International, Inc.
- 100 North Point Center East
- Suite 600
- Alpharetta
- Georgia
- 30022
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SWM | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Nov 1995 |
| MH2 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 1995 |
Biography
Schweitzer-Mauduit International, Inc., together with its subsidiaries, provides engineered solutions and advanced materials for various industries worldwide. The company operates through two segments, Engineered Papers, and Advanced Materials & Structures. The Engineered Papers segment provides low ignition propensity cigarette papers that are designed to self-extinguish when not actively being smoked; reconstituted tobacco products for use in machine-made cigars; alkaline battery separator papers; and commodity paper grades for printing and writing, flooring laminates, and food service packaging. The Advanced Materials & Structures segment manufactures and sells resin-based nets, films, and other non-wovens for filtration, infrastructure and construction, transportation, industrial, and medical end-markets. The company was incorporated in 1995 and is headquartered in Alpharetta, Georgia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 00:03 |
| End of Day Share Price | 2020/02/14 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.