NYSE:SWM

Stock Analysis Report

Schweitzer-Mauduit International

Executive Summary

Schweitzer-Mauduit International, Inc., together with its subsidiaries, provides engineered solutions and advanced materials for various industries worldwide.

Snowflake

Fundamentals

Established dividend payer with acceptable track record.


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


Market Performance


7 Day Return

4.5%

SWM

5.9%

US Forestry

0.5%

US Market


1 Year Return

8.9%

SWM

-6.4%

US Forestry

6.8%

US Market

Return vs Industry: SWM exceeded the US Forestry industry which returned -6.4% over the past year.

Return vs Market: SWM exceeded the US Market which returned 6.8% over the past year.


Shareholder returns

SWMIndustryMarket
7 Day4.5%5.9%0.5%
30 Day0.1%2.5%-0.8%
90 Day9.7%-2.4%-0.9%
1 Year14.8%8.9%-3.2%-6.4%9.2%6.8%
3 Year14.7%0.1%22.5%13.9%45.6%36.2%
5 Year12.1%-9.9%8.8%-2.7%63.2%45.4%

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

Valuation

Is Schweitzer-Mauduit International undervalued compared to its fair value and its price relative to the market?

13.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SWM ($37.25) is trading above our estimate of fair value ($29.69)

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


Price To Earnings Ratio

PE vs Industry: SWM is poor value based on its PE Ratio (13.4x) compared to the Forestry industry average (9.8x).

PE vs Market: SWM is good value based on its PE Ratio (13.4x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: SWM is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: SWM is overvalued based on its PB Ratio (2x) compared to the US Forestry industry average (1x).


Next Steps

Future Growth

How is Schweitzer-Mauduit International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

20.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SWM's forecast earnings growth (20.7% per year) is above the savings rate (2.7%).

Earnings vs Market: SWM's earnings (20.7% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SWM's revenue is expected to decline over the next 3 years (-1.5% per year).

High Growth Revenue: SWM's revenue is forecast to decline over the next 3 years (-1.5% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SWM's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Schweitzer-Mauduit International performed over the past 5 years?

-3.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: SWM's earnings have declined by -3.1% per year over the past 5 years.

Accelerating Growth: SWM's earnings growth over the past year (91.1%) exceeds its 5-year average (-3.1% per year).

Earnings vs Industry: SWM earnings growth over the past year (91.1%) exceeded the Forestry industry 88%.


Return on Equity

High ROE: SWM's Return on Equity (15%) is considered low.


Return on Assets

ROA vs Industry: SWM has a higher Return on Assets than the Forestry industry average last year.


Return on Capital Employed

ROCE Improving: SWM's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Schweitzer-Mauduit International's financial position?


Financial Position Analysis

Short Term Liabilities: SWM's short term assets ($441.7M) exceeds its short term liabilities ($142.1M)

Long Term Liabilities: SWM's short term assets (441.7M) do not cover its long term liabilities (774.7M)


Debt to Equity History and Analysis

Debt Level: SWM's debt to equity ratio (105.3%) is considered high

Reducing Debt: SWM's debt to equity ratio has increased from 82.5% to 105.3% over the past 5 years.

Debt Coverage: SWM's debt is well covered by operating cash flow (22.9%).

Interest Coverage: SWM's interest payments on its debt are well covered by EBIT (3.5x 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?

4.72%

Current Dividend Yield


Dividend Yield vs Market

company4.7%marketbottom25%1.4%markettop25%3.7%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: SWM's dividend (4.72%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: SWM's dividend (4.72%) is in the top 25% of dividend payers in the US market (3.73%)

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 (62.7%), SWM's dividend payments are 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.


Next Steps

Management

What is the CEO of Schweitzer-Mauduit International's salary, the management and board of directors tenure and is there insider trading?

2.5yrs

Average management tenure


CEO

Jeff Kramer (59yo)

2.5yrs

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 ($USD3.25M) is about average for companies of similar size in the US market ($USD2.70M).

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


Management Age and Tenure

2.5yrs

Average Tenure

50yo

Average Age

Experienced Management: SWM's management team is considered experienced (2.5 years average tenure).


Board Age and Tenure

2.5yrs

Average Tenure

60yo

Average Age

Experienced Board: SWM's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Insider Trading

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


Recent Insider Transactions

SellUS$796,15028 Feb 19
Michel Fievez
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Engineered Papers
Shares20,000
Max PriceUS$39.81
SellUS$111,35015 Nov 18
Robert Cardin
EntityIndividual
Shares3,579
Max PriceUS$31.11
BuyUS$62,18013 Nov 18
Kimberly Ritrievi
EntityIndividual
Shares2,000
Max PriceUS$31.09

Ownership Breakdown


Management Team

  • Jeff Kramer (59yo)

    CEO & Director

    • Tenure: 2.5yrs
    • Compensation: US$3.25m
  • Michel Fievez (61yo)

    Executive Vice President of Engineered Papers

    • Tenure: 9.6yrs
    • Compensation: US$1.16m
  • Ricardo Nuñez (54yo)

    Executive VP

    • Tenure: 2.1yrs
    • Compensation: US$981.39k
  • Mark Chekanow

    Director of Investor Relations

    • Tenure: 6.4yrs
  • Dano Lister (46yo)

    Executive Vice President of Advanced Materials & Structures

    • Tenure: 3.3yrs
    • Compensation: US$914.86k
  • R. Wamser (45yo)

    Executive VP of Finance & CFO

    • Tenure: 1.6yrs
    • Compensation: US$1.35m
  • Michael Schmit (46yo)

    Corporate Controller & Chief Accounting Officer

    • Tenure: 0.5yrs
  • Mari Sifo

    Chief Human Resources Officer

    • Tenure: 0yrs

Board Members

  • Jeffrey Keenan (61yo)

    Independent Director

    • Tenure: 3.7yrs
    • Compensation: US$175.00k
  • John Rogers (57yo)

    Chairman & Lead Independent Director

    • Tenure: 0.7yrs
    • Compensation: US$175.00k
  • K. Caldabaugh (72yo)

    Independent Director

    • Tenure: 23.9yrs
    • Compensation: US$245.00k
  • Andy Warlick (62yo)

    Independent Director

    • Tenure: 10.3yrs
    • Compensation: US$165.00k
  • Jeff Kramer (59yo)

    CEO & Director

    • Tenure: 2.5yrs
    • Compensation: US$3.25m
  • Marco Levi (60yo)

    Independent Director

    • Tenure: 2.5yrs
    • Compensation: US$155.00k
  • Kimberly Ritrievi (60yo)

    Independent Director

    • Tenure: 1.6yrs
    • Compensation: US$127.50k
  • Deborah Borg (41yo)

    Independent Director

    • Tenure: 0.7yrs

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$1.151b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SWMNYSE (New York Stock Exchange)YesCommon StockUSUSDNov 1995
MH2DB (Deutsche Boerse AG)YesCommon StockDEEURNov 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, Eng ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 23:41
End of Day Share Price2019/10/18 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.