SESA SPA (SES.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:SES - IT0004729759 - Common Stock
85 EUR
+0.4 (+0.47%)
Taking everything into account, SES scores 6 out of 10 in our fundamental rating. SES was compared to 52 industry peers in the Electronic Equipment, Instruments & Components industry. SES scores excellent on profitability, but there are some minor concerns on its financial health. SES is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
SES had positive earnings in the past year.
SES had a positive operating cash flow in the past year.
In the past 5 years SES has always been profitable.
In the past 5 years SES always reported a positive cash flow from operatings.
1.2 Ratios
SES's Return On Assets of 4.90% is fine compared to the rest of the industry. SES outperforms 78.85% of its industry peers.
SES has a better Return On Equity (23.60%) than 96.15% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.76%, SES belongs to the top of the industry, outperforming 96.15% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SES is in line with the industry average of 7.11%.
The last Return On Invested Capital (12.76%) for SES is above the 3 year average (8.40%), which is a sign of increasing profitability.
| 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
SES has a better Profit Margin (2.18%) than 63.46% of its industry peers.
SES's Profit Margin has declined in the last couple of years.
SES has a Operating Margin of 3.91%. This is in the better half of the industry: SES outperforms 63.46% of its industry peers.
SES's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 25.88%, SES is doing worse than 76.92% of the companies in the same industry.
SES's Gross Margin has improved in the last couple of years.
| 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.
SES has less shares outstanding than it did 5 years ago.
The debt/assets ratio for SES is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.39 indicates that SES is not in any danger for bankruptcy at the moment.
SES's Altman-Z score of 3.39 is fine compared to the rest 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.
With a Debt to FCF ratio value of 4.25, SES perfoms like the industry average, outperforming 59.62% of the companies in the same industry.
SES has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
SES has a Debt to Equity ratio (0.43) which is comparable to the rest of the 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.
The Current ratio of SES (1.25) is worse than 71.15% of its industry peers.
SES has a Quick Ratio of 1.08. 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 Quick ratio of 1.08. This is in the better half of the industry: SES outperforms 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.
The Revenue has been growing slightly by 4.37% in the past year.
Measured over the past years, SES shows a quite strong growth in Revenue. The Revenue has been growing by 12.77% on average per year.
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.
The Revenue is expected to grow by 10.28% on average over the next years. This is quite good.
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 11.66.
Compared to the rest of the industry, the Price/Earnings ratio of SES indicates a rather cheap valuation: SES is cheaper than 92.31% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.15. SES is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 11.09, the valuation of SES can be described as very reasonable.
65.38% of the companies in the same industry are more expensive than SES, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of SES to the average of the S&P500 Index (36.12), we can say SES is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.66 | ||
| Fwd PE | 11.09 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SES indicates a rather cheap valuation: SES is cheaper than 88.46% of the companies listed in the same industry.
SES's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.21 | ||
| EV/EBITDA | 4.32 |
4.3 Compensation for Growth
SES has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.12
EPS Next 2Y2.37%
EPS Next 3Y6.08%
5. Dividend
5.1 Amount
SES has a Yearly Dividend Yield of 1.22%. Purely for dividend investing, there may be better candidates out there.
SES's Dividend Yield is comparable with the industry average which is at 2.95.
Compared to an average S&P500 Dividend Yield of 2.41, SES's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.22% |
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
13.26% of the earnings are spent on dividend by SES. This is a low number and 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 (11/27/2025, 12:39:06 PM)
85
+0.4 (+0.47%)
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 Cap1.30B
Revenue(TTM)5.03B
Net Income(TTM)109.44M
Analysts87.5
Price Target116.31 (36.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.22% |
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 | 11.66 | ||
| Fwd PE | 11.09 | ||
| P/S | 0.26 | ||
| P/FCF | 13.21 | ||
| P/OCF | 10.94 | ||
| P/B | 2.81 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.32 |
EPS(TTM)7.29
EY8.58%
EPS(NY)7.67
Fwd EY9.02%
FCF(TTM)6.44
FCFY7.57%
OCF(TTM)7.77
OCFY9.14%
SpS327.81
BVpS30.23
TBVpS-4.48
PEG (NY)N/A
PEG (5Y)1.12
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 11.66 and the Price/Book (PB) ratio is 2.81.
How financially healthy is SESA SPA?
The financial health rating of SESA SPA (SES.MI) is 5 / 10.