SABAF SPA (SAB.MI) Stock Fundamental Analysis
BIT:SAB - Euronext Milan - IT0001042610 - Common Stock - Currency: EUR
Overall SAB gets a fundamental rating of 5 out of 10. We evaluated SAB against 32 industry peers in the Household Durables industry. SAB has only an average score on both its financial health and profitability. SAB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SAB had positive earnings in the past year.
SAB had a positive operating cash flow in the past year.
Each year in the past 5 years SAB has been profitable.
SAB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.13%, SAB is in the better half of the industry, outperforming 77.14% of the companies in the same industry.
The Return On Equity of SAB (11.29%) is better than 65.71% of its industry peers.
SAB has a Return On Invested Capital (8.32%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for SAB is significantly below the industry average of 14.20%.
The last Return On Invested Capital (8.32%) for SAB is above the 3 year average (7.25%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 11.29% | ||
| ROIC | 8.32% |
ROA(3y)4.35%
ROA(5y)4.51%
ROE(3y)10.45%
ROE(5y)10.48%
ROIC(3y)7.25%
ROIC(5y)7.04%
1.3 Margins
SAB has a Profit Margin of 4.46%. This is comparable to the rest of the industry: SAB outperforms 57.14% of its industry peers.
SAB's Profit Margin has declined in the last couple of years.
SAB has a Operating Margin (6.97%) which is in line with its industry peers.
In the last couple of years the Operating Margin of SAB has declined.
SAB's Gross Margin of 54.66% is fine compared to the rest of the industry. SAB outperforms 74.29% of its industry peers.
In the last couple of years the Gross Margin of SAB has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.97% | ||
| PM (TTM) | 4.46% | ||
| GM | 54.66% |
OM growth 3Y-28.3%
OM growth 5Y-18.9%
PM growth 3Y-44.31%
PM growth 5Y-33.94%
GM growth 3Y-3.92%
GM growth 5Y-3.41%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SAB is still creating some value.
Compared to 1 year ago, SAB has more shares outstanding
The number of shares outstanding for SAB has been increased compared to 5 years ago.
SAB has a better debt/assets ratio than last year.
2.2 Solvency
SAB has an Altman-Z score of 2.90. This is not the best score and indicates that SAB is in the grey zone with still only limited risk for bankruptcy at the moment.
SAB's Altman-Z score of 2.90 is fine compared to the rest of the industry. SAB outperforms 74.29% of its industry peers.
The Debt to FCF ratio of SAB is 6.75, which is on the high side as it means it would take SAB, 6.75 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 6.75, SAB perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
A Debt/Equity ratio of 0.42 indicates that SAB is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.42, SAB perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 6.75 | ||
| Altman-Z | 2.9 |
ROIC/WACC1.36
WACC6.13%
2.3 Liquidity
SAB has a Current Ratio of 1.82. This is a normal value and indicates that SAB is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of SAB (1.82) is better than 62.86% of its industry peers.
SAB has a Quick Ratio of 1.17. This is a normal value and indicates that SAB is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.17, SAB is in the better half of the industry, outperforming 74.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 551.12% over the past year.
SAB shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -28.57% yearly.
The Revenue has grown by 20.27% in the past year. This is a very strong growth!
SAB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.57% yearly.
EPS 1Y (TTM)551.12%
EPS 3Y-40.38%
EPS 5Y-28.57%
EPS Q2Q%-57.41%
Revenue 1Y (TTM)20.27%
Revenue growth 3Y8.77%
Revenue growth 5Y9.57%
Sales Q2Q%1.85%
3.2 Future
Based on estimates for the next years, SAB will show a very strong growth in Earnings Per Share. The EPS will grow by 32.91% on average per year.
The Revenue is expected to grow by 6.33% on average over the next years.
EPS Next Y50.93%
EPS Next 2Y40.98%
EPS Next 3Y32.91%
EPS Next 5YN/A
Revenue Next Year15.29%
Revenue Next 2Y10.64%
Revenue Next 3Y8.56%
Revenue Next 5Y6.33%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 9.63, the valuation of SAB can be described as very reasonable.
The rest of the industry has a similar Price/Earnings ratio as SAB.
SAB is valuated cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 8.82, the valuation of SAB can be described as reasonable.
68.57% of the companies in the same industry are more expensive than SAB, based on the Price/Forward Earnings ratio.
SAB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.63 | ||
| Fwd PE | 8.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SAB is valued a bit cheaper than 71.43% of the companies in the same industry.
SAB's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.33 | ||
| EV/EBITDA | 4.76 |
4.3 Compensation for Growth
SAB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as SAB's earnings are expected to grow with 32.91% in the coming years.
PEG (NY)0.19
PEG (5Y)N/A
EPS Next 2Y40.98%
EPS Next 3Y32.91%
5. Dividend
5.1 Amount
SAB has a Yearly Dividend Yield of 3.83%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.11, SAB has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, SAB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
44.07% of the earnings are spent on dividend by SAB. This is a bit on the high side, but may be sustainable.
DP44.07%
EPS Next 2Y40.98%
EPS Next 3Y32.91%
BIT:SAB (3/7/2025, 7:00:00 PM)
14.25
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners39.79%
Inst Owner ChangeN/A
Ins Owners17.86%
Ins Owner ChangeN/A
Market Cap180.83M
Analysts84
Price Target22.44 (57.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP44.07%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-5.08%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.63 | ||
| Fwd PE | 8.82 | ||
| P/S | 0.44 | ||
| P/FCF | 12.33 | ||
| P/OCF | 5.29 | ||
| P/B | 1.11 | ||
| P/tB | 1.77 | ||
| EV/EBITDA | 4.76 |
EPS(TTM)1.48
EY10.39%
EPS(NY)1.62
Fwd EY11.34%
FCF(TTM)1.16
FCFY8.11%
OCF(TTM)2.69
OCFY18.9%
SpS32.44
BVpS12.81
TBVpS8.07
PEG (NY)0.19
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.13% | ||
| ROE | 11.29% | ||
| ROCE | 11.09% | ||
| ROIC | 8.32% | ||
| ROICexc | 9.55% | ||
| ROICexgc | 13.02% | ||
| OM | 6.97% | ||
| PM (TTM) | 4.46% | ||
| GM | 54.66% | ||
| FCFM | 3.56% |
ROA(3y)4.35%
ROA(5y)4.51%
ROE(3y)10.45%
ROE(5y)10.48%
ROIC(3y)7.25%
ROIC(5y)7.04%
ROICexc(3y)8.7%
ROICexc(5y)8.19%
ROICexgc(3y)11.12%
ROICexgc(5y)10.83%
ROCE(3y)9.85%
ROCE(5y)9.72%
ROICexcg growth 3Y-31.99%
ROICexcg growth 5Y-17.28%
ROICexc growth 3Y-31.25%
ROICexc growth 5Y-17.38%
OM growth 3Y-28.3%
OM growth 5Y-18.9%
PM growth 3Y-44.31%
PM growth 5Y-33.94%
GM growth 3Y-3.92%
GM growth 5Y-3.41%
F-Score7
Asset Turnover1.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 6.75 | ||
| Debt/EBITDA | 1.36 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 8.03 | ||
| Cash Conversion | 67.37% | ||
| Profit Quality | 79.87% | ||
| Current Ratio | 1.82 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 2.9 |
F-Score7
WACC6.13%
ROIC/WACC1.36
Cap/Depr(3y)122.34%
Cap/Depr(5y)110.79%
Cap/Sales(3y)8.83%
Cap/Sales(5y)8.82%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)551.12%
EPS 3Y-40.38%
EPS 5Y-28.57%
EPS Q2Q%-57.41%
EPS Next Y50.93%
EPS Next 2Y40.98%
EPS Next 3Y32.91%
EPS Next 5YN/A
Revenue 1Y (TTM)20.27%
Revenue growth 3Y8.77%
Revenue growth 5Y9.57%
Sales Q2Q%1.85%
Revenue Next Year15.29%
Revenue Next 2Y10.64%
Revenue Next 3Y8.56%
Revenue Next 5Y6.33%
EBIT growth 1Y124.2%
EBIT growth 3Y-22.02%
EBIT growth 5Y-11.14%
EBIT Next Year159.26%
EBIT Next 3Y49.52%
EBIT Next 5YN/A
FCF growth 1Y447.01%
FCF growth 3Y88.16%
FCF growth 5YN/A
OCF growth 1Y65.23%
OCF growth 3Y29.74%
OCF growth 5Y94.26%