STROEER SE & CO KGAA (SAX.DE) Stock Fundamental Analysis
FRA:SAX - Deutsche Boerse Ag - DE0007493991 - Common Stock - Currency: EUR
Overall SAX gets a fundamental rating of 5 out of 10. We evaluated SAX against 62 industry peers in the Media industry. While SAX has a great profitability rating, there are quite some concerns on its financial health. SAX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SAX was profitable.
SAX had a positive operating cash flow in the past year.
Each year in the past 5 years SAX has been profitable.
SAX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SAX has a better Return On Assets (4.89%) than 74.19% of its industry peers.
SAX has a better Return On Equity (29.22%) than 90.32% of its industry peers.
With an excellent Return On Invested Capital value of 9.57%, SAX belongs to the best of the industry, outperforming 83.87% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SAX is in line with the industry average of 8.25%.
The 3 year average ROIC (8.47%) for SAX is below the current ROIC(9.57%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.89% | ||
| ROE | 29.22% | ||
| ROIC | 9.57% |
ROA(3y)4.37%
ROA(5y)3.79%
ROE(3y)26.75%
ROE(5y)22.7%
ROIC(3y)8.47%
ROIC(5y)7.11%
1.3 Margins
SAX has a better Profit Margin (6.69%) than 70.97% of its industry peers.
SAX's Profit Margin has improved in the last couple of years.
The Operating Margin of SAX (13.67%) is better than 88.71% of its industry peers.
In the last couple of years the Operating Margin of SAX has grown nicely.
SAX has a Gross Margin of 43.94%. This is comparable to the rest of the industry: SAX outperforms 40.32% of its industry peers.
In the last couple of years the Gross Margin of SAX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.67% | ||
| PM (TTM) | 6.69% | ||
| GM | 43.94% |
OM growth 3Y8.14%
OM growth 5Y7.17%
PM growth 3Y-5.22%
PM growth 5Y12.78%
GM growth 3Y3.16%
GM growth 5Y4.26%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SAX is still creating some value.
SAX has more shares outstanding than it did 1 year ago.
SAX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for SAX has been reduced compared to a year ago.
2.2 Solvency
SAX has an Altman-Z score of 1.44. This is a bad value and indicates that SAX is not financially healthy and even has some risk of bankruptcy.
SAX has a Altman-Z score of 1.44. This is comparable to the rest of the industry: SAX outperforms 50.00% of its industry peers.
SAX has a debt to FCF ratio of 5.00. This is a neutral value as SAX would need 5.00 years to pay back of all of its debts.
The Debt to FCF ratio of SAX (5.00) is better than 61.29% of its industry peers.
SAX has a Debt/Equity ratio of 3.02. This is a high value indicating a heavy dependency on external financing.
SAX has a Debt to Equity ratio of 3.02. This is amonst the worse of the industry: SAX underperforms 82.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.02 | ||
| Debt/FCF | 5 | ||
| Altman-Z | 1.44 |
ROIC/WACC1.73
WACC5.52%
2.3 Liquidity
SAX has a Current Ratio of 0.53. This is a bad value and indicates that SAX is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.53, SAX is doing worse than 83.87% of the companies in the same industry.
SAX has a Quick Ratio of 0.53. This is a bad value and indicates that SAX is not financially healthy enough and could expect problems in meeting its short term obligations.
SAX has a worse Quick ratio (0.47) than 85.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.47 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.81% over the past year.
SAX shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.06% yearly.
SAX shows a small growth in Revenue. In the last year, the Revenue has grown by 5.67%.
The Revenue has been growing slightly by 5.17% on average over the past years.
EPS 1Y (TTM)22.81%
EPS 3Y3.1%
EPS 5Y-5.06%
EPS Q2Q%-31.82%
Revenue 1Y (TTM)5.67%
Revenue growth 3Y7.95%
Revenue growth 5Y5.17%
Sales Q2Q%4.86%
3.2 Future
SAX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.24% yearly.
The Revenue is expected to grow by 6.23% on average over the next years.
EPS Next Y28.21%
EPS Next 2Y23.6%
EPS Next 3Y19.24%
EPS Next 5YN/A
Revenue Next Year6.82%
Revenue Next 2Y6.78%
Revenue Next 3Y6.6%
Revenue Next 5Y6.23%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
SAX is valuated rather expensively with a Price/Earnings ratio of 17.77.
SAX's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of SAX to the average of the S&P500 Index (27.45), we can say SAX is valued slightly cheaper.
The Price/Forward Earnings ratio is 11.35, which indicates a very decent valuation of SAX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SAX indicates a somewhat cheap valuation: SAX is cheaper than 62.90% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of SAX to the average of the S&P500 Index (21.90), we can say SAX is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.77 | ||
| Fwd PE | 11.35 |
4.2 Price Multiples
SAX's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, SAX is valued a bit cheaper than the industry average as 67.74% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.81 | ||
| EV/EBITDA | 7.42 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SAX has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as SAX's earnings are expected to grow with 19.24% in the coming years.
PEG (NY)0.63
PEG (5Y)N/A
EPS Next 2Y23.6%
EPS Next 3Y19.24%
5. Dividend
5.1 Amount
SAX has a Yearly Dividend Yield of 4.57%, which is a nice return.
SAX's Dividend Yield is a higher than the industry average which is at 5.38.
Compared to an average S&P500 Dividend Yield of 2.38, SAX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.57% |
5.2 History
The dividend of SAX decreases each year by -0.88%.
Dividend Growth(5Y)-0.88%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
87.89% of the earnings are spent on dividend by SAX. This is not a sustainable payout ratio.
DP87.89%
EPS Next 2Y23.6%
EPS Next 3Y19.24%
FRA:SAX (7/4/2025, 7:00:00 PM)
49.75
-0.55 (-1.09%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners40.61%
Inst Owner ChangeN/A
Ins Owners44.01%
Ins Owner ChangeN/A
Market Cap2.78B
Analysts81.18
Price Target69.96 (40.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.57% |
Yearly Dividend2.18
Dividend Growth(5Y)-0.88%
DP87.89%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-19.81%
Min EPS beat(2)-32.49%
Max EPS beat(2)-7.13%
EPS beat(4)1
Avg EPS beat(4)-12.45%
Min EPS beat(4)-32.49%
Max EPS beat(4)3.19%
EPS beat(8)2
Avg EPS beat(8)-0.68%
EPS beat(12)4
Avg EPS beat(12)-0.15%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.08%
Min Revenue beat(2)-3.51%
Max Revenue beat(2)-0.65%
Revenue beat(4)0
Avg Revenue beat(4)-2.63%
Min Revenue beat(4)-6.17%
Max Revenue beat(4)-0.2%
Revenue beat(8)2
Avg Revenue beat(8)-1.26%
Revenue beat(12)4
Avg Revenue beat(12)6.47%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-4.12%
PT rev (3m)-4.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.92%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.77 | ||
| Fwd PE | 11.35 | ||
| P/S | 1.34 | ||
| P/FCF | 7.81 | ||
| P/OCF | 6.18 | ||
| P/B | 5.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.42 |
EPS(TTM)2.8
EY5.63%
EPS(NY)4.38
Fwd EY8.81%
FCF(TTM)6.37
FCFY12.8%
OCF(TTM)8.05
OCFY16.19%
SpS37.04
BVpS8.49
TBVpS-12.28
PEG (NY)0.63
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.89% | ||
| ROE | 29.22% | ||
| ROCE | 13.83% | ||
| ROIC | 9.57% | ||
| ROICexc | 9.97% | ||
| ROICexgc | 24.39% | ||
| OM | 13.67% | ||
| PM (TTM) | 6.69% | ||
| GM | 43.94% | ||
| FCFM | 17.19% |
ROA(3y)4.37%
ROA(5y)3.79%
ROE(3y)26.75%
ROE(5y)22.7%
ROIC(3y)8.47%
ROIC(5y)7.11%
ROICexc(3y)8.84%
ROICexc(5y)7.43%
ROICexgc(3y)20.44%
ROICexgc(5y)17.8%
ROCE(3y)12.41%
ROCE(5y)10.4%
ROICexcg growth 3Y9.43%
ROICexcg growth 5YN/A
ROICexc growth 3Y11.82%
ROICexc growth 5Y13.42%
OM growth 3Y8.14%
OM growth 5Y7.17%
PM growth 3Y-5.22%
PM growth 5Y12.78%
GM growth 3Y3.16%
GM growth 5Y4.26%
F-Score8
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.02 | ||
| Debt/FCF | 5 | ||
| Debt/EBITDA | 2.36 | ||
| Cap/Depr | 29.14% | ||
| Cap/Sales | 4.55% | ||
| Interest Coverage | 4.1 | ||
| Cash Conversion | 74.24% | ||
| Profit Quality | 256.86% | ||
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.47 | ||
| Altman-Z | 1.44 |
F-Score8
WACC5.52%
ROIC/WACC1.73
Cap/Depr(3y)41.47%
Cap/Depr(5y)37.55%
Cap/Sales(3y)6.92%
Cap/Sales(5y)6.8%
Profit Quality(3y)245.99%
Profit Quality(5y)361.81%
High Growth Momentum
Growth
EPS 1Y (TTM)22.81%
EPS 3Y3.1%
EPS 5Y-5.06%
EPS Q2Q%-31.82%
EPS Next Y28.21%
EPS Next 2Y23.6%
EPS Next 3Y19.24%
EPS Next 5YN/A
Revenue 1Y (TTM)5.67%
Revenue growth 3Y7.95%
Revenue growth 5Y5.17%
Sales Q2Q%4.86%
Revenue Next Year6.82%
Revenue Next 2Y6.78%
Revenue Next 3Y6.6%
Revenue Next 5Y6.23%
EBIT growth 1Y22.69%
EBIT growth 3Y16.73%
EBIT growth 5Y12.71%
EBIT Next Year121.18%
EBIT Next 3Y37.2%
EBIT Next 5Y25.77%
FCF growth 1Y30.94%
FCF growth 3Y3.91%
FCF growth 5Y-0.29%
OCF growth 1Y4.15%
OCF growth 3Y2.15%
OCF growth 5Y0.28%