SESA SPA (SES.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:SES - IT0004729759 - Common Stock
90.35 EUR
-0.6 (-0.66%)
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. SES has an excellent profitability rating, 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
- In the past year SES was profitable.
- SES had a positive operating cash flow in the past year.
- SES had positive earnings in each of the past 5 years.
- SES 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 5.19%, SES is in the better half of the industry, outperforming 78.85% of the companies in the same industry.
- SES has a better Return On Equity (25.96%) than 94.23% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 12.45%, SES belongs to the top of the industry, outperforming 92.31% 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 7.60%.
- 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 Rank | Sector 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%
1.3 Margins
- With a decent Profit Margin value of 2.18%, SES is doing good in the industry, outperforming 65.38% of the companies in the same industry.
- SES's Profit Margin has declined in the last couple of years.
- The Operating Margin of SES (3.93%) is better than 61.54% of its industry peers.
- SES's Operating Margin has been stable in the last couple of years.
- With a Gross Margin value of 25.77%, SES is not doing good in the industry: 80.77% of the companies in the same industry are doing better.
- SES's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector 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%
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.
- SES has a worse debt/assets ratio than last year.
2.2 Solvency
- SES has an Altman-Z score of 3.60. 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 3.60, SES is in the better half of the industry, outperforming 63.46% 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.
- SES has a better Debt to FCF ratio (2.71) than 76.92% of its industry peers.
- A Debt/Equity ratio of 0.66 indicates that SES is somewhat dependend on debt financing.
- The Debt to Equity ratio of SES (0.66) is worse than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 2.71 | ||
| Altman-Z | 3.6 |
ROIC/WACC1.49
WACC8.38%
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 67.31% 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.
- SES has a better Quick ratio (1.14) than 63.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 3.12% over the past year.
- Measured over the past years, SES shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.41% on average per year.
- The Revenue has grown by 9.57% in the past year. This is quite good.
- 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)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
- Based on estimates for the next years, SES will show a small growth in Earnings Per Share. The EPS will grow by 5.09% 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-5.47%
EPS Next 2Y2.37%
EPS Next 3Y5.09%
EPS Next 5YN/A
Revenue Next Year4.92%
Revenue Next 2Y5.05%
Revenue Next 3Y5.08%
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.
4. Valuation
4.1 Price/Earnings Ratio
- SES is valuated reasonably with a Price/Earnings ratio of 12.00.
- SES's Price/Earnings ratio is rather cheap when compared to the industry. SES is cheaper than 92.31% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.38. SES is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 11.79, which indicates a very decent valuation of SES.
- Based on the Price/Forward Earnings ratio, SES is valued a bit cheaper than the industry average as 73.08% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 24.29. SES is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12 | ||
| Fwd PE | 11.79 |
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.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of SES indicates a somewhat cheap valuation: SES is cheaper than 73.08% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.7 | ||
| EV/EBITDA | 4.65 |
4.3 Compensation for Growth
- The decent profitability rating of SES may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.15
EPS Next 2Y2.37%
EPS Next 3Y5.09%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.07%, SES has a reasonable but not impressive dividend return.
- SES's Dividend Yield is comparable with the industry average which is at 1.54.
- Compared to an average S&P500 Dividend Yield of 1.84, SES's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
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
- 14.52% of the earnings are spent on dividend by SES. This is a low number and sustainable payout ratio.
- The dividend of SES is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP14.52%
EPS Next 2Y2.37%
EPS Next 3Y5.09%
BIT:SES (1/20/2026, 12:06:07 PM)
90.35
-0.6 (-0.66%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)12-18 2025-12-18
Earnings (Next)03-12 2026-03-12
Inst Owners29.63%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.39B
Revenue(TTM)5.20B
Net Income(TTM)113.08M
Analysts87.5
Price Target117.3 (29.83%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.07% |
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)0.86%
PT rev (3m)0.86%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.11%
EPS NY rev (3m)0.07%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.81%
Revenue NY rev (3m)0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12 | ||
| Fwd PE | 11.79 | ||
| P/S | 0.27 | ||
| P/FCF | 8.7 | ||
| P/OCF | 7.68 | ||
| P/B | 3.18 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.65 |
EPS(TTM)7.53
EY8.33%
EPS(NY)7.67
Fwd EY8.49%
FCF(TTM)10.38
FCFY11.49%
OCF(TTM)11.76
OCFY13.02%
SpS338.78
BVpS28.39
TBVpS-6.04
PEG (NY)N/A
PEG (5Y)1.15
Graham Number69.36
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 3.6 |
F-Score6
WACC8.38%
ROIC/WACC1.49
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-5.47%
EPS Next 2Y2.37%
EPS Next 3Y5.09%
EPS Next 5YN/A
Revenue 1Y (TTM)9.57%
Revenue growth 3Y10.81%
Revenue growth 5Y12.77%
Sales Q2Q%11.95%
Revenue Next Year4.92%
Revenue Next 2Y5.05%
Revenue Next 3Y5.08%
Revenue Next 5Y10.28%
EBIT growth 1Y3.56%
EBIT growth 3Y3.81%
EBIT growth 5Y14.31%
EBIT Next Year51.4%
EBIT Next 3Y20.51%
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 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%.