SESA SPA (SES.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:SES - IT0004729759 - Common Stock
84.3 EUR
-0.25 (-0.3%)
SES gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 52 industry peers in the Electronic Equipment, Instruments & Components industry. While SES has a great profitability rating, there are some minor concerns on its financial health. SES has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year SES was profitable.
In the past year SES had a positive cash flow from operations.
SES had positive earnings in each of the past 5 years.
In the past 5 years SES always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 4.90%, SES is doing good in the industry, outperforming 78.85% of the companies in the same industry.
The Return On Equity of SES (23.60%) is better than 96.15% of its industry peers.
SES's Return On Invested Capital of 12.76% is amongst the best of the industry. SES outperforms 96.15% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SES is in line with the industry average of 7.11%.
The 3 year average ROIC (8.40%) for SES is below the current ROIC(12.76%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.9% | ||
| ROE | 23.6% | ||
| ROIC | 12.76% |
ROA(3y)3.62%
ROA(5y)3.97%
ROE(3y)18.23%
ROE(5y)19.35%
ROIC(3y)8.4%
ROIC(5y)8.99%
1.3 Margins
With a decent Profit Margin value of 2.18%, SES is doing good in the industry, outperforming 63.46% of the companies in the same industry.
SES's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 3.91%, SES is in the better half of the industry, outperforming 63.46% of the companies in the same industry.
SES's Operating Margin has been stable in the last couple of years.
SES's Gross Margin of 25.88% is on the low side compared to the rest of the industry. SES is outperformed by 76.92% of its industry peers.
In the last couple of years the Gross Margin of SES has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.91% | ||
| PM (TTM) | 2.18% | ||
| GM | 25.88% |
OM growth 3Y-6.32%
OM growth 5Y1.36%
PM growth 3Y-14.65%
PM growth 5Y-2.09%
GM growth 3Y4.88%
GM growth 5Y7.04%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SES is still creating some value.
The number of shares outstanding for SES has been reduced compared to 1 year ago.
The number of shares outstanding for SES has been reduced compared to 5 years ago.
SES has a worse debt/assets ratio than last year.
2.2 Solvency
SES has an Altman-Z score of 3.39. This indicates that SES is financially healthy and has little risk of bankruptcy at the moment.
SES has a Altman-Z score of 3.39. This is in the better half of the industry: SES outperforms 67.31% of its industry peers.
The Debt to FCF ratio of SES is 4.25, which is a neutral value as it means it would take SES, 4.25 years of fcf income to pay off all of its debts.
SES has a Debt to FCF ratio (4.25) which is in line with its industry peers.
A Debt/Equity ratio of 0.43 indicates that SES is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.43, SES is in line with its industry, outperforming 46.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 4.25 | ||
| Altman-Z | 3.39 |
ROIC/WACC1.58
WACC8.07%
2.3 Liquidity
A Current Ratio of 1.25 indicates that SES should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.25, SES is doing worse than 71.15% of the companies in the same industry.
A Quick Ratio of 1.08 indicates that SES should not have too much problems paying its short term obligations.
The Quick ratio of SES (1.08) is better than 63.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
SES shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.97%.
The Earnings Per Share has been growing by 10.41% on average over the past years. This is quite good.
SES shows a small growth in Revenue. In the last year, the Revenue has grown by 4.37%.
SES shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.77% yearly.
EPS 1Y (TTM)-9.97%
EPS 3Y-5.42%
EPS 5Y10.41%
EPS Q2Q%2.26%
Revenue 1Y (TTM)4.37%
Revenue growth 3Y10.81%
Revenue growth 5Y12.77%
Sales Q2Q%7.96%
3.2 Future
Based on estimates for the next years, SES will show a small growth in Earnings Per Share. The EPS will grow by 6.08% on average per year.
Based on estimates for the next years, SES will show a quite strong growth in Revenue. The Revenue will grow by 10.28% on average per year.
EPS Next Y-5.57%
EPS Next 2Y2.37%
EPS Next 3Y6.08%
EPS Next 5YN/A
Revenue Next Year4.07%
Revenue Next 2Y4.65%
Revenue Next 3Y5.87%
Revenue Next 5Y10.28%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
SES is valuated reasonably with a Price/Earnings ratio of 11.56.
Based on the Price/Earnings ratio, SES is valued cheaper than 92.31% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.31. SES is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 11.00, the valuation of SES can be described as very reasonable.
Based on the Price/Forward Earnings ratio, SES is valued a bit cheaper than the industry average as 65.38% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of SES to the average of the S&P500 Index (36.59), we can say SES is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.56 | ||
| Fwd PE | 11 |
4.2 Price Multiples
88.46% of the companies in the same industry are more expensive than SES, based on the Enterprise Value to EBITDA ratio.
SES's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.1 | ||
| EV/EBITDA | 4.32 |
4.3 Compensation for Growth
The decent profitability rating of SES may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.11
EPS Next 2Y2.37%
EPS Next 3Y6.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.18%, SES has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.95, SES has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, SES's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
5.2 History
On average, the dividend of SES grows each year by 8.18%, which is quite nice.
Dividend Growth(5Y)8.18%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SES pays out 13.26% of its income as dividend. This is a sustainable payout ratio.
SES's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP13.26%
EPS Next 2Y2.37%
EPS Next 3Y6.08%
BIT:SES (11/28/2025, 7:00:00 PM)
84.3
-0.25 (-0.3%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners32.14%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.29B
Revenue(TTM)5.03B
Net Income(TTM)109.44M
Analysts87.5
Price Target116.31 (37.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
Yearly Dividend1.01
Dividend Growth(5Y)8.18%
DP13.26%
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)1.56%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.04%
EPS NY rev (3m)-2.33%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.56 | ||
| Fwd PE | 11 | ||
| P/S | 0.26 | ||
| P/FCF | 13.1 | ||
| P/OCF | 10.85 | ||
| P/B | 2.79 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.32 |
EPS(TTM)7.29
EY8.65%
EPS(NY)7.67
Fwd EY9.09%
FCF(TTM)6.44
FCFY7.63%
OCF(TTM)7.77
OCFY9.21%
SpS327.81
BVpS30.23
TBVpS-4.48
PEG (NY)N/A
PEG (5Y)1.11
Graham Number70.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.9% | ||
| ROE | 23.6% | ||
| ROCE | 18.77% | ||
| ROIC | 12.76% | ||
| ROICexc | 24.35% | ||
| ROICexgc | 820.18% | ||
| OM | 3.91% | ||
| PM (TTM) | 2.18% | ||
| GM | 25.88% | ||
| FCFM | 1.96% |
ROA(3y)3.62%
ROA(5y)3.97%
ROE(3y)18.23%
ROE(5y)19.35%
ROIC(3y)8.4%
ROIC(5y)8.99%
ROICexc(3y)17.81%
ROICexc(5y)23.84%
ROICexgc(3y)145.91%
ROICexgc(5y)N/A
ROCE(3y)13.17%
ROCE(5y)13.97%
ROICexgc growth 3YN/A
ROICexgc growth 5Y15.12%
ROICexc growth 3Y-28.63%
ROICexc growth 5Y-11.45%
OM growth 3Y-6.32%
OM growth 5Y1.36%
PM growth 3Y-14.65%
PM growth 5Y-2.09%
GM growth 3Y4.88%
GM growth 5Y7.04%
F-Score5
Asset Turnover2.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 4.25 | ||
| Debt/EBITDA | 0.71 | ||
| Cap/Depr | 23.96% | ||
| Cap/Sales | 0.41% | ||
| Interest Coverage | 3.89 | ||
| Cash Conversion | 42.27% | ||
| Profit Quality | 90.21% | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 3.39 |
F-Score5
WACC8.07%
ROIC/WACC1.58
Cap/Depr(3y)34.94%
Cap/Depr(5y)40.36%
Cap/Sales(3y)0.75%
Cap/Sales(5y)0.78%
Profit Quality(3y)135.35%
Profit Quality(5y)165.8%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.97%
EPS 3Y-5.42%
EPS 5Y10.41%
EPS Q2Q%2.26%
EPS Next Y-5.57%
EPS Next 2Y2.37%
EPS Next 3Y6.08%
EPS Next 5YN/A
Revenue 1Y (TTM)4.37%
Revenue growth 3Y10.81%
Revenue growth 5Y12.77%
Sales Q2Q%7.96%
Revenue Next Year4.07%
Revenue Next 2Y4.65%
Revenue Next 3Y5.87%
Revenue Next 5Y10.28%
EBIT growth 1Y-8.12%
EBIT growth 3Y3.81%
EBIT growth 5Y14.31%
EBIT Next Year50.87%
EBIT Next 3Y21.48%
EBIT Next 5YN/A
FCF growth 1Y-15.29%
FCF growth 3Y-9.53%
FCF growth 5Y2.42%
OCF growth 1Y-12.94%
OCF growth 3Y-6.94%
OCF growth 5Y4.24%
SESA SPA / SES.MI FAQ
What is the fundamental rating for SES stock?
ChartMill assigns a fundamental rating of 6 / 10 to SES.MI.
Can you provide the valuation status for SESA SPA?
ChartMill assigns a valuation rating of 6 / 10 to SESA SPA (SES.MI). This can be considered as Fairly Valued.
What is the profitability of SES stock?
SESA SPA (SES.MI) has a profitability rating of 7 / 10.
What is the valuation of SESA SPA based on its PE and PB ratios?
The Price/Earnings (PE) ratio for SESA SPA (SES.MI) is 11.56 and the Price/Book (PB) ratio is 2.79.
How financially healthy is SESA SPA?
The financial health rating of SESA SPA (SES.MI) is 5 / 10.