SESA SPA (SES.MI) Stock Fundamental Analysis
Europe - BIT:SES - IT0004729759 - Common Stock
83.6 EUR
+0.65 (+0.78%)
SES gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 53 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 has a correct valuation and a medium 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.
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
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.
With an excellent Return On Equity value of 23.60%, SES belongs to the best of the industry, outperforming 96.15% of the companies in the same industry.
The Return On Invested Capital of SES (12.76%) is better than 96.15% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SES is in line with the industry average of 7.38%.
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
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.
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 63.46% of its industry peers.
In the last couple of years the Operating Margin of SES has remained more or less at the same level.
The Gross Margin of SES (25.88%) is worse than 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SES is creating some value.
Compared to 1 year ago, SES has less shares outstanding
The number of shares outstanding for SES has been reduced compared to 5 years ago.
The debt/assets ratio for SES is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.38 indicates that SES is not in any danger for bankruptcy at the moment.
SES's Altman-Z score of 3.38 is fine compared to the rest of the industry. SES outperforms 63.46% 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's Debt to FCF ratio of 4.25 is in line compared to the rest of the industry. SES outperforms 57.69% 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 | 3.38 |
ROIC/WACC1.56
WACC8.16%
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.
With a Current ratio value of 1.25, SES is not doing good in the industry: 73.08% of the companies in the same industry are doing better.
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 59.62% 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.
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.
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 6.08% 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 3Y6.08%
EPS Next 5YN/A
Revenue Next Year4.07%
Revenue Next 2Y4.65%
Revenue Next 3Y5.87%
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
SES is valuated reasonably with a Price/Earnings ratio of 11.47.
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.
When comparing the Price/Earnings ratio of SES to the average of the S&P500 Index (25.89), we can say SES is valued rather cheaply.
With a Price/Forward Earnings ratio of 10.90, the valuation of SES can be described as very reasonable.
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.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, SES is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.47 | ||
| Fwd PE | 10.9 |
4.2 Price Multiples
SES's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SES is cheaper than 88.46% of the companies in the same industry.
SES's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.99 | ||
| EV/EBITDA | 4.27 |
4.3 Compensation for Growth
The decent profitability rating of SES may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.1
EPS Next 2Y2.37%
EPS Next 3Y6.08%
5. Dividend
5.1 Amount
SES has a Yearly Dividend Yield of 1.21%. 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 2.44, SES's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
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 3Y6.08%
BIT:SES (11/14/2025, 7:00:00 PM)
83.6
+0.65 (+0.78%)
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 (39.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
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)-3.4%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.04%
EPS NY rev (3m)-17.13%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.47 | ||
| Fwd PE | 10.9 | ||
| P/S | 0.26 | ||
| P/FCF | 12.99 | ||
| P/OCF | 10.76 | ||
| P/B | 2.77 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.27 |
EPS(TTM)7.29
EY8.72%
EPS(NY)7.67
Fwd EY9.17%
FCF(TTM)6.44
FCFY7.7%
OCF(TTM)7.77
OCFY9.29%
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
WACC8.16%
ROIC/WACC1.56
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 11.47 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.