SESA SPA (SES.MI) Fundamental Analysis & Valuation

BIT:SES • IT0004729759

Current stock price

76.5 EUR
-2.35 (-2.98%)
Last:

This SES.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. SES.MI Profitability Analysis

1.1 Basic Checks

  • In the past year SES was profitable.
  • SES had a positive operating cash flow in the past year.
  • In the past 5 years SES has always been profitable.
  • SES had a positive operating cash flow in each of the past 5 years.
SES.MI Yearly Net Income VS EBIT VS OCF VS FCFSES.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M

1.2 Ratios

  • SES has a better Return On Assets (5.19%) than 80.39% of its industry peers.
  • Looking at the Return On Equity, with a value of 25.96%, SES belongs to the top of the industry, outperforming 94.12% of the companies in the same industry.
  • SES has a Return On Invested Capital of 12.45%. This is amongst the best in the industry. SES outperforms 94.12% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for SES is in line with the industry average of 7.41%.
  • The last Return On Invested Capital (12.45%) for SES is above the 3 year average (8.40%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.19%
ROE 25.96%
ROIC 12.45%
ROA(3y)3.62%
ROA(5y)3.97%
ROE(3y)18.23%
ROE(5y)19.35%
ROIC(3y)8.4%
ROIC(5y)8.99%
SES.MI Yearly ROA, ROE, ROICSES.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • The Profit Margin of SES (2.18%) is better than 64.71% of its industry peers.
  • SES's Profit Margin has declined in the last couple of years.
  • Looking at the Operating Margin, with a value of 3.93%, SES is in line with its industry, outperforming 58.82% of the companies in the same industry.
  • SES's Operating Margin has been stable in the last couple of years.
  • SES has a Gross Margin of 25.77%. This is in the lower half of the industry: SES underperforms 78.43% of its industry peers.
  • SES's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 3.93%
PM (TTM) 2.18%
GM 25.77%
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%
SES.MI Yearly Profit, Operating, Gross MarginsSES.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. SES.MI Health Analysis

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.
  • SES has less shares outstanding than it did 1 year ago.
  • SES has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for SES is higher compared to a year ago.
SES.MI Yearly Shares OutstandingSES.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M
SES.MI Yearly Total Debt VS Total AssetsSES.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

2.2 Solvency

  • SES has an Altman-Z score of 3.53. This indicates that SES is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.53, SES is in the better half of the industry, outperforming 68.63% of the companies in the same industry.
  • The Debt to FCF ratio of SES is 2.71, which is a good value as it means it would take SES, 2.71 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 2.71, SES is doing good in the industry, outperforming 78.43% of the companies in the same industry.
  • SES has a Debt/Equity ratio of 0.66. This is a neutral value indicating SES is somewhat dependend on debt financing.
  • SES has a worse Debt to Equity ratio (0.66) than 68.63% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.66
Debt/FCF 2.71
Altman-Z 3.53
ROIC/WACC1.53
WACC8.11%
SES.MI Yearly LT Debt VS Equity VS FCFSES.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

2.3 Liquidity

  • SES has a Current Ratio of 1.30. This is a normal value and indicates that SES is financially healthy and should not expect problems in meeting its short term obligations.
  • SES has a worse Current ratio (1.30) than 62.75% of its industry peers.
  • SES has a Quick Ratio of 1.14. This is a normal value and indicates that SES is financially healthy and should not expect problems in meeting its short term obligations.
  • With a decent Quick ratio value of 1.14, SES is doing good in the industry, outperforming 66.67% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.3
Quick Ratio 1.14
SES.MI Yearly Current Assets VS Current LiabilitesSES.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. SES.MI Growth Analysis

3.1 Past

  • SES shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.12%.
  • SES shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.41% yearly.
  • SES shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.57%.
  • The Revenue has been growing by 12.77% on average over the past years. This is quite good.
EPS 1Y (TTM)3.12%
EPS 3Y-5.42%
EPS 5Y10.41%
EPS Q2Q%14%
Revenue 1Y (TTM)9.57%
Revenue growth 3Y10.81%
Revenue growth 5Y12.77%
Sales Q2Q%11.95%

3.2 Future

  • The Earnings Per Share is expected to grow by 5.22% on average over the next years.
  • SES is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.28% yearly.
EPS Next Y-3.87%
EPS Next 2Y3.04%
EPS Next 3Y5.22%
EPS Next 5YN/A
Revenue Next Year5.12%
Revenue Next 2Y5.16%
Revenue Next 3Y5.19%
Revenue Next 5Y10.28%

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 decreasing.
  • 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.
SES.MI Yearly Revenue VS EstimatesSES.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2B 4B 6B
SES.MI Yearly EPS VS EstimatesSES.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6 8

More info and screens

Find the best growth stocksShow best growing peers

6

4. SES.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 10.16, the valuation of SES can be described as reasonable.
  • 90.20% of the companies in the same industry are more expensive than SES, based on the Price/Earnings ratio.
  • SES's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.96.
  • With a Price/Forward Earnings ratio of 9.85, 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 78.43% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of SES to the average of the S&P500 Index (24.04), we can say SES is valued rather cheaply.
Industry RankSector Rank
PE 10.16
Fwd PE 9.85
SES.MI Price Earnings VS Forward Price EarningsSES.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, SES is valued cheaply inside the industry as 88.24% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of SES indicates a somewhat cheap valuation: SES is cheaper than 78.43% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 7.37
EV/EBITDA 4.01
SES.MI Per share dataSES.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 100 200 300

4.3 Compensation for Growth

  • The decent profitability rating of SES may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.98
EPS Next 2Y3.04%
EPS Next 3Y5.22%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. SES.MI Dividend Analysis

5.1 Amount

  • SES has a Yearly Dividend Yield of 1.27%. Purely for dividend investing, there may be better candidates out there.
  • SES's Dividend Yield is comparable with the industry average which is at 1.65.
  • Compared to the average S&P500 Dividend Yield of 1.91, SES is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.27%

5.2 History

  • The dividend of SES is nicely growing with an annual growth rate of 8.18%!
Dividend Growth(5Y)8.18%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • SES pays out 14.52% 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.
DP14.52%
EPS Next 2Y3.04%
EPS Next 3Y5.22%
SES.MI Yearly Income VS Free CF VS DividendSES.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
SES.MI Dividend Payout.SES.MI Dividend Payout, showing the Payout Ratio.SES.MI Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

SES.MI Fundamentals: All Metrics, Ratios and Statistics

SESA SPA

BIT:SES (3/17/2026, 5:35:15 PM)

76.5

-2.35 (-2.98%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)03-12
Earnings (Next)07-15
Inst Owners25.79%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.17B
Revenue(TTM)5.20B
Net Income(TTM)113.08M
Analysts87.5
Price Target117.3 (53.33%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.27%
Yearly Dividend1.01
Dividend Growth(5Y)8.18%
DP14.52%
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)0.86%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.81%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)1.01%
Valuation
Industry RankSector Rank
PE 10.16
Fwd PE 9.85
P/S 0.23
P/FCF 7.37
P/OCF 6.5
P/B 2.69
P/tB N/A
EV/EBITDA 4.01
EPS(TTM)7.53
EY9.84%
EPS(NY)7.77
Fwd EY10.15%
FCF(TTM)10.38
FCFY13.57%
OCF(TTM)11.76
OCFY15.38%
SpS338.78
BVpS28.39
TBVpS-6.04
PEG (NY)N/A
PEG (5Y)0.98
Graham Number69.36
Profitability
Industry RankSector Rank
ROA 5.19%
ROE 25.96%
ROCE 18.71%
ROIC 12.45%
ROICexc 20.87%
ROICexgc 101.8%
OM 3.93%
PM (TTM) 2.18%
GM 25.77%
FCFM 3.06%
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-Score6
Asset Turnover2.39
Health
Industry RankSector Rank
Debt/Equity 0.66
Debt/FCF 2.71
Debt/EBITDA 0.98
Cap/Depr 24.33%
Cap/Sales 0.41%
Interest Coverage 4.27
Cash Conversion 61.97%
Profit Quality 140.82%
Current Ratio 1.3
Quick Ratio 1.14
Altman-Z 3.53
F-Score6
WACC8.11%
ROIC/WACC1.53
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)3.12%
EPS 3Y-5.42%
EPS 5Y10.41%
EPS Q2Q%14%
EPS Next Y-3.87%
EPS Next 2Y3.04%
EPS Next 3Y5.22%
EPS Next 5YN/A
Revenue 1Y (TTM)9.57%
Revenue growth 3Y10.81%
Revenue growth 5Y12.77%
Sales Q2Q%11.95%
Revenue Next Year5.12%
Revenue Next 2Y5.16%
Revenue Next 3Y5.19%
Revenue Next 5Y10.28%
EBIT growth 1Y3.56%
EBIT growth 3Y3.81%
EBIT growth 5Y14.31%
EBIT Next Year51.4%
EBIT Next 3Y20.54%
EBIT Next 5YN/A
FCF growth 1Y40.4%
FCF growth 3Y-9.53%
FCF growth 5Y2.42%
OCF growth 1Y33.82%
OCF growth 3Y-6.94%
OCF growth 5Y4.24%

SESA SPA / SES.MI Fundamental Analysis FAQ

What is the fundamental rating for SES stock?

ChartMill assigns a fundamental rating of 6 / 10 to SES.MI.


What is the valuation status of SESA SPA (SES.MI) stock?

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 financial health of SESA SPA (SES.MI) stock?

The financial health rating of SESA SPA (SES.MI) is 5 / 10.


Is the dividend of SESA SPA sustainable?

The dividend rating of SESA SPA (SES.MI) is 4 / 10 and the dividend payout ratio is 14.52%.