SESA SPA (SES.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:SES - IT0004729759 - Common Stock
86.6 EUR
-2.75 (-3.08%)
We assign a fundamental rating of 6 out of 10 to SES. SES was compared to 54 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.
In the past year SES had a positive cash flow from operations.
SES had positive earnings in each of the past 5 years.
In the past 5 years SES always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of SES (4.90%) is better than 77.78% of its industry peers.
The Return On Equity of SES (23.60%) is better than 94.44% of its industry peers.
SES has a better Return On Invested Capital (12.76%) than 94.44% 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 7.71%.
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
With a decent Profit Margin value of 2.18%, SES is doing good in the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of SES has declined.
The Operating Margin of SES (3.91%) is better than 61.11% of its industry peers.
SES's Operating Margin has been stable in the last couple of years.
SES has a worse Gross Margin (25.88%) than 77.78% 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
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.
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
An Altman-Z score of 3.40 indicates that SES is not in any danger for bankruptcy at the moment.
SES has a better Altman-Z score (3.40) than 61.11% 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.
SES has a better Debt to FCF ratio (4.25) than 64.81% of its industry peers.
SES has a Debt/Equity ratio of 0.43. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of SES (0.43) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 4.25 | ||
| Altman-Z | 3.4 |
ROIC/WACC1.55
WACC8.22%
2.3 Liquidity
SES has a Current Ratio of 1.25. This is a normal value and indicates that SES is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.25, SES is doing worse than 70.37% of the companies in the same industry.
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.
The Quick ratio of SES (1.08) is better than 61.11% 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.
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.
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)-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 5.09% on average over the next years.
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 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
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
A Price/Earnings ratio of 11.88 indicates a reasonable valuation of SES.
Based on the Price/Earnings ratio, SES is valued cheaper than 92.59% 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 26.59.
The Price/Forward Earnings ratio is 11.30, which indicates a very decent valuation of SES.
SES's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SES is cheaper than 72.22% of the companies in the same industry.
SES is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.88 | ||
| Fwd PE | 11.3 |
4.2 Price Multiples
SES's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SES is cheaper than 87.04% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, SES is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.46 | ||
| EV/EBITDA | 4.43 |
4.3 Compensation for Growth
The decent profitability rating of SES may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.14
EPS Next 2Y2.37%
EPS Next 3Y5.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.18%, 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 the average S&P500 Dividend Yield of 1.87, SES is paying slightly less dividend.
| 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.
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 3Y5.09%
BIT:SES (12/23/2025, 7:00:00 PM)
86.6
-2.75 (-3.08%)
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 Cap1.33B
Revenue(TTM)5.03B
Net Income(TTM)109.44M
Analysts87.5
Price Target116.31 (34.31%)
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%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.88 | ||
| Fwd PE | 11.3 | ||
| P/S | 0.26 | ||
| P/FCF | 13.46 | ||
| P/OCF | 11.15 | ||
| P/B | 2.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.43 |
EPS(TTM)7.29
EY8.42%
EPS(NY)7.67
Fwd EY8.85%
FCF(TTM)6.44
FCFY7.43%
OCF(TTM)7.77
OCFY8.97%
SpS327.81
BVpS30.23
TBVpS-4.48
PEG (NY)N/A
PEG (5Y)1.14
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 | 3.4 |
F-Score5
WACC8.22%
ROIC/WACC1.55
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 11.88 and the Price/Book (PB) ratio is 2.86.
How financially healthy is SESA SPA?
The financial health rating of SESA SPA (SES.MI) is 6 / 10.