SESA SPA (SES.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:SES - IT0004729759 - Common Stock
83.7 EUR
-2.6 (-3.01%)
Taking everything into account, SES scores 6 out of 10 in our fundamental rating. SES was compared to 51 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
SES had positive earnings in the past year.
In the past year SES had a positive cash flow from operations.
Each year in the past 5 years SES has been profitable.
SES had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SES has a better Return On Assets (4.90%) than 76.47% of its industry peers.
With an excellent Return On Equity value of 23.60%, SES belongs to the best of the industry, outperforming 94.12% of the companies in the same industry.
The Return On Invested Capital of SES (12.76%) is better than 94.12% of its industry peers.
SES had an Average Return On Invested Capital over the past 3 years of 8.40%. This is in line with the industry average of 7.59%.
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
SES has a Profit Margin of 2.18%. This is in the better half of the industry: SES outperforms 64.71% of its industry peers.
In the last couple of years the Profit Margin of SES has declined.
SES's Operating Margin of 3.91% is fine compared to the rest of the industry. SES outperforms 60.78% of its industry peers.
In the last couple of years the Operating Margin of SES has remained more or less at the same level.
SES has a worse Gross Margin (25.88%) than 76.47% of its industry peers.
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
SES has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
SES has less shares outstanding than it did 1 year ago.
The number of shares outstanding for SES has been reduced compared to 5 years ago.
Compared to 1 year ago, SES has a worse debt to assets ratio.
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's Altman-Z score of 3.39 is fine compared to the rest of the industry. SES outperforms 60.78% 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 58.82% 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.
Looking at the Debt to Equity ratio, with a value of 0.43, SES is in line with its industry, outperforming 45.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 4.25 | ||
| Altman-Z | 3.39 |
ROIC/WACC1.57
WACC8.1%
2.3 Liquidity
A Current Ratio of 1.25 indicates that SES should not have too much problems paying its short term obligations.
SES's Current ratio of 1.25 is on the low side compared to the rest of the industry. SES is outperformed by 76.47% 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 comparable to the rest of the industry: SES outperforms 58.82% 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%.
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 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 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-5.57%
EPS Next 2Y2.37%
EPS Next 3Y5.09%
EPS Next 5YN/A
Revenue Next Year4.07%
Revenue Next 2Y4.65%
Revenue Next 3Y4.91%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.48 indicates a reasonable valuation of SES.
92.16% of the companies in the same industry are more expensive than SES, based on the Price/Earnings ratio.
SES is valuated cheaply when we compare the Price/Earnings ratio to 26.54, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.92 indicates a reasonable valuation of SES.
Based on the Price/Forward Earnings ratio, SES is valued a bit cheaper than the industry average as 70.59% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 23.78. SES is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.48 | ||
| Fwd PE | 10.92 |
4.2 Price Multiples
88.24% of the companies in the same industry are more expensive than SES, based on the Enterprise Value to EBITDA ratio.
64.71% of the companies in the same industry are more expensive than SES, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.01 | ||
| EV/EBITDA | 4.42 |
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)1.1
EPS Next 2Y2.37%
EPS Next 3Y5.09%
5. Dividend
5.1 Amount
SES has a Yearly Dividend Yield of 1.18%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.80, SES has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.27, 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
13.26% 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.
DP13.26%
EPS Next 2Y2.37%
EPS Next 3Y5.09%
BIT:SES (12/12/2025, 7:00:00 PM)
83.7
-2.6 (-3.01%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners30.88%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.28B
Revenue(TTM)5.03B
Net Income(TTM)109.44M
Analysts87.5
Price Target116.31 (38.96%)
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)6.29%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
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 | 11.48 | ||
| Fwd PE | 10.92 | ||
| P/S | 0.26 | ||
| P/FCF | 13.01 | ||
| P/OCF | 10.78 | ||
| P/B | 2.77 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.42 |
EPS(TTM)7.29
EY8.71%
EPS(NY)7.67
Fwd EY9.16%
FCF(TTM)6.44
FCFY7.69%
OCF(TTM)7.77
OCFY9.28%
SpS327.81
BVpS30.23
TBVpS-4.48
PEG (NY)N/A
PEG (5Y)1.1
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
WACC8.1%
ROIC/WACC1.57
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 3Y5.09%
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 3Y4.91%
Revenue Next 5Y10.28%
EBIT growth 1Y-8.12%
EBIT growth 3Y3.81%
EBIT growth 5Y14.31%
EBIT Next Year50.87%
EBIT Next 3Y20.51%
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 11.48 and the Price/Book (PB) ratio is 2.77.
How financially healthy is SESA SPA?
The financial health rating of SESA SPA (SES.MI) is 5 / 10.