STANDEX INTERNATIONAL CORP (SXI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SXI - US8542311076 - Common Stock
237.26 USD
-1.82 (-0.76%)
237.26 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to SXI. SXI was compared to 132 industry peers in the Machinery industry. Both the profitability and the financial health of SXI get a neutral evaluation. Nothing too spectacular is happening here. SXI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
SXI had positive earnings in the past year.
In the past year SXI had a positive cash flow from operations.
In the past 5 years SXI has always been profitable.
SXI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SXI's Return On Assets of 3.38% is in line compared to the rest of the industry. SXI outperforms 50.00% of its industry peers.
SXI has a Return On Equity (7.44%) which is comparable to the rest of the industry.
With a Return On Invested Capital value of 7.62%, SXI perfoms like the industry average, outperforming 56.06% of the companies in the same industry.
SXI had an Average Return On Invested Capital over the past 3 years of 9.23%. This is in line with the industry average of 10.25%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.38% | ||
| ROE | 7.44% | ||
| ROIC | 7.62% |
ROA(3y)8.13%
ROA(5y)6.95%
ROE(3y)14.16%
ROE(5y)12.39%
ROIC(3y)9.23%
ROIC(5y)9.14%
1.3 Margins
SXI has a Profit Margin (6.29%) which is in line with its industry peers.
SXI's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 15.64%, SXI is in the better half of the industry, outperforming 71.97% of the companies in the same industry.
SXI's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 40.09%, SXI is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Gross Margin of SXI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.64% | ||
| PM (TTM) | 6.29% | ||
| GM | 40.09% |
OM growth 3Y4.27%
OM growth 5Y6.87%
PM growth 3Y-5.45%
PM growth 5Y16.13%
GM growth 3Y2.82%
GM growth 5Y2.28%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SXI is destroying value.
SXI has more shares outstanding than it did 1 year ago.
SXI has less shares outstanding than it did 5 years ago.
The debt/assets ratio for SXI is higher compared to a year ago.
2.2 Solvency
SXI has an Altman-Z score of 4.12. This indicates that SXI is financially healthy and has little risk of bankruptcy at the moment.
SXI has a better Altman-Z score (4.12) than 65.91% of its industry peers.
The Debt to FCF ratio of SXI is 13.35, which is on the high side as it means it would take SXI, 13.35 years of fcf income to pay off all of its debts.
SXI's Debt to FCF ratio of 13.35 is on the low side compared to the rest of the industry. SXI is outperformed by 60.61% of its industry peers.
A Debt/Equity ratio of 0.77 indicates that SXI is somewhat dependend on debt financing.
The Debt to Equity ratio of SXI (0.77) is worse than 70.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 13.35 | ||
| Altman-Z | 4.12 |
ROIC/WACC0.79
WACC9.65%
2.3 Liquidity
SXI has a Current Ratio of 2.87. This indicates that SXI is financially healthy and has no problem in meeting its short term obligations.
SXI's Current ratio of 2.87 is fine compared to the rest of the industry. SXI outperforms 75.00% of its industry peers.
A Quick Ratio of 2.07 indicates that SXI has no problem at all paying its short term obligations.
SXI has a Quick ratio of 2.07. This is in the better half of the industry: SXI outperforms 77.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.07 |
3. Growth
3.1 Past
SXI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.14%, which is quite good.
Measured over the past years, SXI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.81% on average per year.
SXI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.51%.
SXI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.50% yearly.
EPS 1Y (TTM)16.14%
EPS 3Y10.17%
EPS 5Y16.81%
EPS Q2Q%16.37%
Revenue 1Y (TTM)18.51%
Revenue growth 3Y2.42%
Revenue growth 5Y5.5%
Sales Q2Q%27.55%
3.2 Future
SXI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.56% yearly.
SXI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.18% yearly.
EPS Next Y14.57%
EPS Next 2Y15.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year15.48%
Revenue Next 2Y11.18%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 29.18 indicates a quite expensive valuation of SXI.
Compared to the rest of the industry, the Price/Earnings ratio of SXI is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.19, SXI is valued at the same level.
SXI is valuated rather expensively with a Price/Forward Earnings ratio of 22.63.
SXI's Price/Forward Earnings ratio is in line with the industry average.
SXI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.18 | ||
| Fwd PE | 22.63 |
4.2 Price Multiples
SXI's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. SXI is more expensive than 61.36% of the companies in the same industry.
64.39% of the companies in the same industry are cheaper than SXI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 70.46 | ||
| EV/EBITDA | 19.64 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of SXI may justify a higher PE ratio.
SXI's earnings are expected to grow with 15.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)2
PEG (5Y)1.74
EPS Next 2Y15.56%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SXI has a yearly dividend return of 0.57%, which is pretty low.
SXI's Dividend Yield is comparable with the industry average which is at 0.80.
Compared to an average S&P500 Dividend Yield of 1.92, SXI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.57% |
5.2 History
On average, the dividend of SXI grows each year by 7.88%, which is quite nice.
SXI has been paying a dividend for at least 10 years, so it has a reliable track record.
SXI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)7.88%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
SXI pays out 29.15% of its income as dividend. This is a sustainable payout ratio.
The dividend of SXI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP29.15%
EPS Next 2Y15.56%
EPS Next 3YN/A
237.26
-1.82 (-0.76%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners104.47%
Inst Owner Change0%
Ins Owners2.14%
Ins Owner Change-1.05%
Market Cap2.88B
Revenue(TTM)837.07M
Net Income(TTM)52.62M
Analysts84.44
Price Target264.44 (11.46%)
Short Float %4.07%
Short Ratio3.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.57% |
Yearly Dividend1.27
Dividend Growth(5Y)7.88%
DP29.15%
Div Incr Years14
Div Non Decr Years14
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.49%
Min EPS beat(2)3.37%
Max EPS beat(2)7.6%
EPS beat(4)4
Avg EPS beat(4)6.34%
Min EPS beat(4)0.82%
Max EPS beat(4)13.58%
EPS beat(8)7
Avg EPS beat(8)4.04%
EPS beat(12)11
Avg EPS beat(12)4.02%
EPS beat(16)15
Avg EPS beat(16)3.88%
Revenue beat(2)1
Avg Revenue beat(2)1.35%
Min Revenue beat(2)-0.32%
Max Revenue beat(2)3.02%
Revenue beat(4)2
Avg Revenue beat(4)0.65%
Min Revenue beat(4)-0.81%
Max Revenue beat(4)3.02%
Revenue beat(8)2
Avg Revenue beat(8)-1.47%
Revenue beat(12)5
Avg Revenue beat(12)-0.77%
Revenue beat(16)8
Avg Revenue beat(16)-0.29%
PT rev (1m)0%
PT rev (3m)22.87%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.04%
EPS NY rev (1m)0%
EPS NY rev (3m)3.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.18 | ||
| Fwd PE | 22.63 | ||
| P/S | 3.44 | ||
| P/FCF | 70.46 | ||
| P/OCF | 41.77 | ||
| P/B | 4.06 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.64 |
EPS(TTM)8.13
EY3.43%
EPS(NY)10.48
Fwd EY4.42%
FCF(TTM)3.37
FCFY1.42%
OCF(TTM)5.68
OCFY2.39%
SpS69.07
BVpS58.39
TBVpS-9.11
PEG (NY)2
PEG (5Y)1.74
Graham Number103.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.38% | ||
| ROE | 7.44% | ||
| ROCE | 9.45% | ||
| ROIC | 7.62% | ||
| ROICexc | 8.21% | ||
| ROICexgc | 22.54% | ||
| OM | 15.64% | ||
| PM (TTM) | 6.29% | ||
| GM | 40.09% | ||
| FCFM | 4.88% |
ROA(3y)8.13%
ROA(5y)6.95%
ROE(3y)14.16%
ROE(5y)12.39%
ROIC(3y)9.23%
ROIC(5y)9.14%
ROICexc(3y)11.13%
ROICexc(5y)10.9%
ROICexgc(3y)24.2%
ROICexgc(5y)23.61%
ROCE(3y)11.44%
ROCE(5y)11.33%
ROICexgc growth 3Y-4.81%
ROICexgc growth 5Y4.33%
ROICexc growth 3Y-13.9%
ROICexc growth 5Y-0.62%
OM growth 3Y4.27%
OM growth 5Y6.87%
PM growth 3Y-5.45%
PM growth 5Y16.13%
GM growth 3Y2.82%
GM growth 5Y2.28%
F-Score5
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.77 | ||
| Debt/FCF | 13.35 | ||
| Debt/EBITDA | 3.22 | ||
| Cap/Depr | 73.41% | ||
| Cap/Sales | 3.35% | ||
| Interest Coverage | 4.52 | ||
| Cash Conversion | 40.71% | ||
| Profit Quality | 77.56% | ||
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.07 | ||
| Altman-Z | 4.12 |
F-Score5
WACC9.65%
ROIC/WACC0.79
Cap/Depr(3y)79.12%
Cap/Depr(5y)76.65%
Cap/Sales(3y)3.23%
Cap/Sales(5y)3.25%
Profit Quality(3y)73.62%
Profit Quality(5y)95.61%
High Growth Momentum
Growth
EPS 1Y (TTM)16.14%
EPS 3Y10.17%
EPS 5Y16.81%
EPS Q2Q%16.37%
EPS Next Y14.57%
EPS Next 2Y15.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)18.51%
Revenue growth 3Y2.42%
Revenue growth 5Y5.5%
Sales Q2Q%27.55%
Revenue Next Year15.48%
Revenue Next 2Y11.18%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y18.73%
EBIT growth 3Y6.8%
EBIT growth 5Y12.75%
EBIT Next Year43.77%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-52.73%
FCF growth 3Y-8.49%
FCF growth 5Y9.91%
OCF growth 1Y-37.23%
OCF growth 3Y-3.61%
OCF growth 5Y8.06%
STANDEX INTERNATIONAL CORP / SXI FAQ
What is the fundamental rating for SXI stock?
ChartMill assigns a fundamental rating of 5 / 10 to SXI.
What is the valuation status of STANDEX INTERNATIONAL CORP (SXI) stock?
ChartMill assigns a valuation rating of 2 / 10 to STANDEX INTERNATIONAL CORP (SXI). This can be considered as Overvalued.
What is the profitability of SXI stock?
STANDEX INTERNATIONAL CORP (SXI) has a profitability rating of 6 / 10.
What is the financial health of STANDEX INTERNATIONAL CORP (SXI) stock?
The financial health rating of STANDEX INTERNATIONAL CORP (SXI) is 5 / 10.
Is the dividend of STANDEX INTERNATIONAL CORP sustainable?
The dividend rating of STANDEX INTERNATIONAL CORP (SXI) is 6 / 10 and the dividend payout ratio is 29.15%.