company background image
SUI

Sun InternationalJSE:SUI Stock Report

Market Cap

R7.1b

7D

13.5%

1Y

105.0%

Updated

16 Oct, 2021

Data

Company Financials
SUI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends0/6

SUI Overview

Sun International Limited owns and operates casinos, hotels, and resort properties in South Africa, Swaziland, Nigeria, and Latin America.

Sun International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sun International
Historical stock prices
Current Share PriceR28.41
52 Week HighR11.80
52 Week LowR29.51
Beta0.85
1 Month Change51.20%
3 Month Change47.43%
1 Year Change104.98%
3 Year Change-51.64%
5 Year Change-65.57%
Change since IPO-23.22%

Recent News & Updates

Shareholder Returns

SUIZA HospitalityZA Market
7D13.5%6.3%1.6%
1Y105.0%104.7%21.3%

Return vs Industry: SUI matched the ZA Hospitality industry which returned 104.7% over the past year.

Return vs Market: SUI exceeded the ZA Market which returned 21.3% over the past year.

Price Volatility

Is SUI's price volatile compared to industry and market?
SUI volatility
SUI Beta0.85
Industry Beta1.23
Market Beta1

Stable Share Price: SUI is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SUI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1966n/aAnthony Leeminghttps://www.suninternational.com

Sun International Limited owns and operates casinos, hotels, and resort properties in South Africa, Swaziland, Nigeria, and Latin America. It operates or has an interest in a total of 19 resorts, luxury hotels, and casinos. Sun International Limited was founded in 1966 and is headquartered in Sandton, South Africa.

Sun International Fundamentals Summary

How do Sun International's earnings and revenue compare to its market cap?
SUI fundamental statistics
Market CapR7.09b
Earnings (TTM)R142.00m
Revenue (TTM)R7.60b

49.9x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SUI income statement (TTM)
RevenueR7.60b
Cost of RevenueR3.56b
Gross ProfitR4.04b
ExpensesR3.90b
EarningsR142.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.57
Gross Margin53.20%
Net Profit Margin1.87%
Debt/Equity Ratio535.1%

How did SUI perform over the long term?

See historical performance and comparison

Valuation

Is Sun International undervalued compared to its fair value and its price relative to the market?

49.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SUI (ZAR28.41) is trading above our estimate of fair value (ZAR2.07)

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


Price To Earnings Ratio

PE vs Industry: SUI is poor value based on its PE Ratio (49.9x) compared to the African Hospitality industry average (27.1x).

PE vs Market: SUI is poor value based on its PE Ratio (49.9x) compared to the ZA market (11.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SUI is overvalued based on its PB Ratio (4.2x) compared to the ZA Hospitality industry average (2.7x).


Future Growth

How is Sun International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

45.5%

Forecasted Consumer Services 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 Sun International 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 Sun International performed over the past 5 years?

-11.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SUI has a large one-off gain of ZAR961.0M impacting its June 30 2021 financial results.

Growing Profit Margin: SUI became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SUI has become profitable over the past 5 years, growing earnings by -11.5% per year.

Accelerating Growth: SUI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SUI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (23.9%).


Return on Equity

High ROE: SUI's Return on Equity (-9.3%) is considered low.


Financial Health

How is Sun International's financial position?


Financial Position Analysis

Short Term Liabilities: SUI's short term assets (ZAR1.8B) do not cover its short term liabilities (ZAR3.7B).

Long Term Liabilities: SUI's short term assets (ZAR1.8B) do not cover its long term liabilities (ZAR8.0B).


Debt to Equity History and Analysis

Debt Level: SUI's debt to equity ratio (535.1%) is considered high.

Reducing Debt: SUI's debt to equity ratio has reduced from 1251.5% to 535.1% over the past 5 years.

Debt Coverage: SUI's debt is not well covered by operating cash flow (14.6%).

Interest Coverage: SUI's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


Dividend

What is Sun International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SUI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SUI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SUI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SUI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SUI is not paying a notable dividend for the ZA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SUI's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.


Next Steps

Management

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

3.7yrs

Average management tenure


CEO

Anthony Leeming (51 yo)

4.67yrs

Tenure

R10,765,812

Compensation

Mr. Anthony Michael Leeming, BCom, BAcc, CA(SA) has been Chief Executive Officer at Sun International Limited. since February 1, 2017 and has been its Executive Director since March 1, 2013. Mr. Leeming s...


CEO Compensation Analysis

Compensation vs Market: Anthony's total compensation ($USD736.25K) is about average for companies of similar size in the ZA market ($USD731.45K).

Compensation vs Earnings: Anthony's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SUI's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: SUI's board of directors are considered experienced (3.8 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Sun International Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sun International Limited
  • Ticker: SUI
  • Exchange: JSE
  • Founded: 1966
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: R7.086b
  • Shares outstanding: 249.42m
  • Website: https://www.suninternational.com

Number of Employees


Location

  • Sun International Limited
  • 6 Sandown Valley Crescent
  • Sandown
  • Sandton
  • Gauteng
  • 2196
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 17:04
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.