SESA SPA (SES.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:SES - IT0004729759 - Common Stock
83.75 EUR
+0.3 (+0.36%)
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 has an excellent profitability rating, but 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.
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
With a decent Return On Assets value of 4.90%, SES is doing good in the industry, outperforming 76.92% of the companies in the same industry.
The Return On Equity of SES (23.60%) is better than 94.23% of its industry peers.
SES has a better Return On Invested Capital (12.76%) than 94.23% 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 7.78%.
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 better Profit Margin (2.18%) than 61.54% of its industry peers.
SES's Profit Margin has declined in the last couple of years.
SES has a Operating Margin (3.91%) which is in line with its industry peers.
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 78.85% 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.
Compared to 1 year ago, SES has less shares outstanding
SES has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, SES has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.38 indicates that SES is not in any danger for bankruptcy at the moment.
SES has a better Altman-Z score (3.38) than 65.38% of its industry peers.
SES has a debt to FCF ratio of 4.25. This is a neutral value as SES would need 4.25 years to pay back of all of its debts.
SES's Debt to FCF ratio of 4.25 is fine compared to the rest of the industry. SES outperforms 61.54% of its industry peers.
A Debt/Equity ratio of 0.43 indicates that SES is not too dependend on debt financing.
SES has a Debt to Equity ratio of 0.43. This is comparable to the rest of the industry: SES outperforms 46.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 4.25 | ||
| Altman-Z | 3.38 |
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 73.08% of its industry peers.
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
The earnings per share for SES have decreased by -9.97% in the last year.
SES shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.41% yearly.
Looking at the last year, SES shows a small growth in Revenue. The Revenue has grown by 4.37% in the last year.
The Revenue has been growing by 12.77% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to grow by 6.09% on average over the next years.
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 3Y6.09%
EPS Next 5YN/A
Revenue Next Year4.07%
Revenue Next 2Y4.65%
Revenue Next 3Y5.88%
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.
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
With a Price/Earnings ratio of 11.49, the valuation of SES can be described as very reasonable.
Based on the Price/Earnings ratio, SES is valued cheaper than 92.31% of the companies in the same industry.
SES's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.37.
With a Price/Forward Earnings ratio of 10.92, 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.
SES's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.49 | ||
| Fwd PE | 10.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SES is valued cheaply inside the industry as 88.46% of the companies are valued more expensively.
SES's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.01 | ||
| EV/EBITDA | 4.26 |
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 3Y6.09%
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.
SES's Dividend Yield is comparable with the industry average which is at 2.94.
Compared to an average S&P500 Dividend Yield of 2.32, SES's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
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 13.26% of its income as dividend. This is a 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 3Y6.09%
BIT:SES (12/3/2025, 5:35:15 PM)
83.75
+0.3 (+0.36%)
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 Cap1.28B
Revenue(TTM)5.03B
Net Income(TTM)109.44M
Analysts87.5
Price Target116.31 (38.88%)
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 | 11.49 | ||
| 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 | 4.26 |
EPS(TTM)7.29
EY8.7%
EPS(NY)7.67
Fwd EY9.15%
FCF(TTM)6.44
FCFY7.68%
OCF(TTM)7.77
OCFY9.27%
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 | 3.38 |
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 3Y6.09%
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 3Y5.88%
Revenue Next 5Y10.28%
EBIT growth 1Y-8.12%
EBIT growth 3Y3.81%
EBIT growth 5Y14.31%
EBIT Next Year50.87%
EBIT Next 3Y21.49%
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 11.49 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 6 / 10.